Dubai Financial Market PJSC

Logotype for Dubai Financial Market PJSC
Ticker/ISIN
DFM
AED000901010
Market/Country
Dubai Financial Market
United Arab Emirates
Latest Stock Price
1.35 AED
2024-09-27

Year to date

-0.09 %

3 months

0.01 %

6 months

-0.12 %

1 year

-0.23 %

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

The Dubai Financial Market (DFM) released a weekly summary of regulated short sell transactions for the period from September 30, 2024, to October 4, 2024. During this period, the Dubai Taxi Company PJSC had a short sell trade volume of 2,000 with a trade value of AED 5,380. Salik Company PJSC had a short sell trade volume of 6,400 with a trade value of AED 27,200. For more information on regulated short selling, refer to the DFM Market Rules and Procedures. The announcement is available on the DFM website. The information provided is subject to change, and DFM is not liable for any losses incurred from using this data.
GFH Financial Group has scheduled its Ordinary General Meeting for October 2024. The agenda includes: 1. Approving the minutes of the previous meeting held on 24 March 2024. 2. Approving the Board of Directors' recommendation to establish a Sukuk Programme worth up to $500 million through a Special Purpose Vehicle (SPV), subject to necessary regulatory approvals. 3. Approving modifications and an offer related to the 2020 Sukuk issuance, including early redemption for cash of outstanding certificates. 4. Delegating powers to the Board of Directors to manage the Sukuk Programme establishment and the Offer, including obtaining necessary regulatory approvals and conducting essential procedures. 5. Delegating powers to the Chief Executive Officer to execute the Sukuk Programme and the Offer, including obtaining necessary approvals and conducting essential procedures. 6. Discussing any other matters as per Article 207 of the Commercial Companies Law. The meeting will be held via video conferencing on 2 October 2024, with alternative dates set for 9 October 2024 and 16 October 2024 if the legal quorum is not met.
The weekly trading summary for DFM Regulated Short Sell Transactions from 23 September 2024 to 27 September 2024 reports that there were no RSS trades during this period. For more information on RSS, refer to the DFM Market Rules and the Operational Model and Procedures for Implementation of Regulated Short Selling available on the DFM website. The announcement can also be found on the DFM website. Note that the information provided is subject to change and DFM is not liable for any losses resulting from the use of this data.
The Dubai Financial Market has issued an announcement regarding the expiry settlement prices for Micro GME Oman Crude Oil Futures contracts expiring in September 2024. The settlement price for the contract series code OMOIL X24 is 74.36 USD. This information is available on the Dubai Financial Market's website. The document includes a disclaimer stating that the information is subject to change and emphasizes that it is not a substitute for the official Dubai Financial Market Regulated Derivative Contract Trading Regulation.
A new contract series for Micro DME Oman Crude Oil Futures, specifically the November 2025 contract, will be available for trading starting September 24, 2024. The contract, identified by the symbol OMOIL X25 and ISIN OIL2309 25001, will be listed on September 24, 2024, and de-listed on September 23, 2025. Further details can be found on the Dubai Financial Market website. Note that the information provided is subject to change and should not replace the official Dubai Financial Market Regulated Derivative Contract Trading Regulation.
The Dubai Financial Market (DFM) has issued the expiry settlement prices for its equity futures contracts expiring in September 2024. The announcement, dated September 19, 2024, lists the settlement prices in AED for various contracts, including AIRARB U24 (2.750), ANSRI U24 (1.010), ARMX U24 (2.310), DEWA U24 (2.460), and others. The full list and further details are available on the DFM website. The document includes a disclaimer noting that the information is subject to change and advises referring to the official DFM Regulated Derivative Contract Trading Regulation for any inconsistencies.
The Dubai Financial Market (DFM) has issued the expiry settlement prices for DFM Equity Futures Contracts expiring in September 2024. The prices are listed for various contracts, each identified by a series code, contract ID (ISIN), and currency (AED). The settlement prices range from 0.192 AED for SHUAA (SHUAA U24) to 20.250 AED for Emirates NBD (ENBD U24). This announcement is available on the DFM website and includes a disclaimer that the information is subject to change and is not a substitute for the official DFM Regulated Derivative Contract Trading Regulation.
Amanat Holdings PJSC's Board of Directors is inviting shareholders to a General Assembly meeting on Wednesday, 18 September 2024, at 3:00 PM, both in person at the Dubai World Trade Centre and via electronic participation. The meeting agenda includes: **Ordinary Resolutions:** 1. Approve the appointment of the meeting rapporteur and Dubai Financial Market as vote collector. 2. Approve the Board's proposal to distribute interim cash dividends of AED 75 million (3% of share capital) for the period from 1 January to 30 June 2024. **Special Resolutions:** 1. Amend Article 14(b) of the Articles of Association to authorize the Board to implement interim dividend distributions. 2. Amend Article 27 to allow the Board to issue resolutions by circulation with the approval of all members and required documentation. **Notes for Shareholders:** - Shareholders can appoint proxies, except for Board members, company employees, or securities brokers. - Proxies must be notarized or certified by authorized entities. - Corporate entities can delegate representatives to attend. - Electronic registration, attendance, and eVoting details will be provided via SMS one day before the meeting. - Shareholders registered by 17 September 2024 can vote; those registered by 30 September 2024 will receive dividends. - Financial statements and reports are available on the Dubai Financial Market and Amanat websites. - The meeting requires a 50% quorum; if not met, a second meeting will be on 25 September 2024. - Shareholders should update their contact details and dividend payment methods with Dubai Financial Market. - Special resolutions require a three-quarters majority vote. - Guides on investor rights and women on the Board are available on the Securities and Commodities Authority website.

Threads

Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on TABREED shares starting from 9:30 AM as its BOD meeting is being held today, 09-09-2024 and until results are disclosed
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: DFM Regulated Short Sell – Weekly Summary – September

The Dubai Financial Market (DFM) released a weekly summary for Regulated Short Sell (RSS) transactions for the period from September 2, 2024, to September 6, 2024. During this period, EMAAR Properties PJSC had a short sell trade volume of 2,045 and a trade value of AED 17,711.95. For more details on RSS, refer to the DFM Market Rules and the Operational Model and Procedures for Implementation of Regulated Short Selling available on the DFM website. The announcement is also accessible on the DFM website. The information provided is subject to change and is offered "as is" without liability for any potential losses.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on ALLIANCE shares after disclosing the resolutions of its General Assembly
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on ALLIANCE shares starting from 11:00 AM as its General Assembly is being held today, 05/09/2024 and until resolutions are disclosed
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: General Assembly of ALLIANCE is being held on 05/09/2024

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on IFA shares after disclosing the results of its BOD meeting
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Press release - Nasdaq Dubai Lists USD 400 Million Bonds from Agricultural Bank of China

Nasdaq Dubai has listed USD 400 million Floating Rate Notes issued by the Agricultural Bank of China (DIFC Branch), due in 2027. This is the bank's second bond listing on Nasdaq Dubai, reflecting deepening economic ties between China and the UAE. The issuance is part of a USD 15 billion Medium Term Note Programme and enhances Nasdaq Dubai’s fixed income portfolio, which now totals USD 135 billion in outstanding listings. The listing was celebrated with a bell-ringing ceremony attended by notable officials including H.E. Ou Boqian, Consul General of China in Dubai, and Hamed Ali, CEO of Nasdaq Dubai and DFM. The Agricultural Bank of China has been strategically expanding in the UAE to support projects aligned with the Belt and Road Initiative, contributing to sectors like solar power, seawater desalination, and clean energy. The new bond issuance is expected to boost financial and business cooperation in the Middle East and North Africa region.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on IFA shares starting from 2:00 PM (UAE time) as its BOD meeting is being held today, 03-09-2024 and until results are disclosed
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on EKTTITAB shares after the resumption of trading in Kuwait Bourse
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: DFM Regulated Short Sell – Weekly Summary – August

The Dubai Financial Market (DFM) released a weekly summary for Regulated Short Sell (RSS) transactions for the period from August 26, 2024, to August 30, 2024. During this period, Salik Company PJSC had a short sell trade volume of 7,500 and a trade value of AED 27,435. For more details on RSS, refer to the DFM Market Rules and the Operational Model and Procedures for Implementation of Regulated Short Selling available on the DFM website. The announcement can also be found on the DFM website. The information provided is subject to change and DFM is not liable for any losses resulting from the use of this data.

1. Attached Document