Dubai Financial Market PJSC
Year to date
-0.10 %
3 months
-0.02 %
6 months
-0.14 %
1 year
-0.20 %
3 years
0.00 %
5 years
0.00 %
Country of Origin: United Arab Emirates (U.A.E)
Dubai Financial Market (DFM) – PJSC (the “Company”) is a Public Joint Stock Company incorporated in the Emirate of Dubai – United Arab Emirates, pursuant to decree No. 62 for the year 2007 issued by the Ministry of Economy on February 6, 2007, and is subject to the provision of the UAE, Federal Law No. 8 for the year 1984 and its amendments.
The licensed activities of the company are trading in financial instruments, acting as commercial, industrial and agricultural holding and trust company, financial investment consultancy, and brokerage local and foreign shares and bonds. In accordance with its Articles of Association, the Company complies in all its activities, operations and formalities with the provisions of Islamic Shari’a and shall invest its entire fund in accordance with these provisions.
The company’s shares are listed on the Dubai Financial Market (“DFM”). The company currently operates the Dubai Stock Exchange, related clearing house and carries out investment activities on its own behalf.
The ultimate parent and controlling party is the Government of Dubai which owns 80% of DFM through Borse Dubai Limited (the “parent”), a Government of Dubai entity.
Latest Pressrelease Summaries
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The Dubai Financial Market has released the expiry settlement prices for Equity Futures Contracts due in April 2024. The prices range from 0.131 AED to 16.750 AED across different contract series. The information is available on the Dubai Financial Market website and is subject to change. It should be noted that this document is not a substitute for the relevant Dubai Financial Market Regulated Derivative Contract Trading Regulation.
AL Salam Bank B.S.C. (Symbol: SALAM_BAH) has processed a bonus share distribution. The shares have been credited into the accounts of investors with Trading Members, Custodian Members, or to the Registry Account with Dubai CSD, based on the owned balances in each of these accounts as of the closing date (03/04/2024). The announcement was made by Dubai CSD L.L.C.
Union Properties (PJSC) has announced its Annual General Assembly Meeting of Shareholders, to be held on 18 April 2024 at The Ritz Carlton Hotel, Dubai Financial Center, and virtually. The agenda includes appointing a meeting secretary and vote collector, reviewing and approving various reports and financial statements for the year ending 31/12/2023, ratifying the appointment of a new Board member, approving policies related to board expenses and remuneration, and considering the discharge or dismissal of Board members and auditors. Shareholders can register to attend and vote electronically, and may appoint a written proxy to represent them. The meeting will be valid if attended by shareholders representing at least 50% of the company's capital. If quorum is not reached, a second meeting will be convened on 30 April 2024.
The Board of Directors of Emirates Refreshments Company (PJSC) has invited all shareholders to attend the general meeting of the company on 18th April 2024 at 11:00 AM. The meeting will be held in-person at the Conference Hall in Dusit Thani Dubai Hotel and remotely via Microsoft Teams. The agenda includes reviewing and approving the Director's report, the auditor's report, and the financial statements for the fiscal year ended 31/12/2023. The Board's recommendation of not distributing dividends for the financial year ended 31 December 2023 will also be considered. The meeting will also discuss discharging the board of directors and the auditors from any liabilities for the financial year ended 31/12/2023, and appointing external auditors for the year 2024.