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 Board of Directors of Dubai Insurance Company (PSC) is inviting shareholders to their Annual General Assembly meeting on 20/03/2024 at 13:00 PM. The meeting can be attended at the company's headquarters or remotely via video technology. The agenda includes reviewing and approving the company's activities and financial position for the fiscal year ended 31/12/2023, the auditor's report, the balance sheet, and the profit and loss account. The board will also propose the distribution of cash dividends, remuneration for board members, and discuss discharging or removing board members and auditors. The appointment of auditors for 2024 and their fees will also be decided. Lastly, amendments to the Articles of Association will be considered to comply with active laws and regulations, pending regulatory approval.