Dubai Financial Market PJSC
Year to date
-0.09 %
3 months
0.02 %
6 months
-0.11 %
1 year
-0.15 %
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 October 25, 2023, a letter was sent 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 subject of the letter was a meeting of the Dubai Financial Market's Board of Directors, which is scheduled for October 30, 2023, at 4:00 PM. The agenda for this meeting includes a review of the condensed consolidated interim financial information for the nine-month period ending September 30, 2023, and discussion of regular matters and any other businesses. The letter was signed by Haitham Mohamed El Gebali, the Legal Counsel and Board Secretary of the Dubai Financial Market.
The Micro DME Oman Crude Oil Futures Contract, expiring in December 2023, has been issued with an expiry settlement price of 90.36 USD. The contract series code is OMOIL Z23 and the contract ID is OIL2410 23001. This information was released on 24th October 2023 and is available on the Dubai Financial Market website. The document is subject to change, and any discrepancies should refer to the Dubai Financial Market Regulated Derivative Contract Trading Regulation.
The Dubai Financial Market has announced the availability of a new contract series for Oman Crude Oil Futures, which will be available for trading from 25 October 2023. The contract, identified as OIL241024001 and symbolized as OMOILZ24, is referred to as the Micro DME Oman Crude Oil FUT - December 2024. The contract will be listed from 25 October 2023 and de-listed on 24 October 2024. The announcement and further details can be found on the Dubai Financial Market website. It's noted that the information is subject to change and should not replace the official Dubai Financial Market Regulated Derivative Contract Trading Regulation.