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
The Dubai Financial Market has announced the availability of a new contract series for equity future products from 5th April 2024. The July 2024 SSFs Contract Series includes futures for various securities such as AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA. These futures will be de-listed on 18th July 2024. The announcement is available on the DFM website. The information in the document is subject to change and should not substitute the relevant DFM Regulated Derivative Contract Trading Regulation.
On April 2, 2024, a letter was sent from the Dubai Financial Market (DFM) to the Securities and Commodities Authority. The letter was addressed to H.E Dr. Maryam Buti Al Suwaidi, the Chief Executive Officer of the Securities and Commodities Authority, and was signed by Mr. Hamed Ahmed Ali, the Chief Executive Officer of the DFM, and Ali Al Hashimi, the Chief Financial Officer of the DFM. The subject of the letter was to inform the authority that the DFM's Board of Directors will pass a resolution regarding ordinary and internal matters no later than April 5, 2024.
Unikai Foods PJSC is inviting its shareholders to attend the Annual General Assembly Meeting to be held both virtually and physically at the company’s premises in Dubai on 2nd April 2024. The agenda includes reviewing and approving the company's financial position, the auditor's report, and the financial statements for the year ended 31/12/2023. The Board will also propose the distribution of 20% bonus shares as dividends for the fiscal year 2023 and discuss the remuneration of the Board of Directors totaling AED 1,400,000. The meeting will consider the discharge or dismissal of the Board and auditors for the year ended 31/12/2023, and the appointment of auditors for the year 2024. The appointment of Dr. Hashem Salem AlDash as a board member effective from 9th November 2023 will also be ratified. Updates on the sale process and transactions with related parties for the year 2024 will be provided and reviewed.