Dubai Financial Market PJSC
Year to date
-0.08 %
3 months
0.02 %
6 months
-0.12 %
1 year
-0.18 %
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
Threads
On April 5, 2024, a letter was sent from Ali Al Hashimi, the Chief Financial Officer of the Dubai Financial Market (PJSC), to Dr. Maryam Buti Al Suwaidi, the Chief Executive Officer of the Securities and Commodities Authority in Abu Dhabi, and Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market. The letter informed them that the board of directors of the Dubai Financial Market had passed a resolution by circulation related to regular and internal matters, as disclosed by the company on April 2, 2024.
The Dubai Financial Market (DFM) will be closed for Eid Al Fitr from April 8, 2024, until the 3rd of Shawwal 1445. Trading and normal working hours will resume on April 12, 2024, if Eid Al Fitr falls on April 9, 2024. If Eid Al Fitr falls on April 10, 2024, the market will resume operations on April 15, 2024. For settlement dates due to the holiday, refer to the Dubai Clear circular DClear/2024/5 Settlement for Eid Al Fitr Holiday 1445/2024.