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
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Dubai Taxi Company P.J.S.C. has invited its shareholders to the Annual General Meeting (AGM) on Thursday, March 28, 2024, at 3:00 pm at the Al Ras ballroom, InterContinental Hotel, Dubai Festival City. The meeting can also be attended electronically. The agenda includes approving the appointment of a Secretary for the meeting, reviewing the company's activities and financial position for 2023, considering the independent auditor's report, approving the balance sheet and profit and loss account, discussing the proposal to distribute cash dividends, and considering the proposal for the Board of Directors' remuneration. Shareholders can register for virtual participation between March 21 and March 28, 2024. They also have the option to appoint a proxy to attend the meeting on their behalf.
The Board of Directors of the Dubai Electricity and Water Authority (DEWA) has invited its shareholders to its annual general assembly meeting on 28 March 2024. The meeting will be held both remotely and at the Kempinski Boulevard Hotel. The meeting will discuss and approve the Board of Directors' report, the auditor's report, the company's balance sheet, and profit and loss account for the financial year ending 31 December 2023. It will also consider cash dividend distributions and absolve the board members and auditors of liability for the financial year that ended 31 December 2023. The appointment and fees of the external auditor for the fiscal year ending 31 December 2024 will be approved, along with the total remuneration for the Board of Directors. Shareholders are required to register their attendance for voting rights and can delegate a representative to attend the meeting. The meeting will only be valid if shareholders representing at least 50% of the company's capital are in attendance.