Dubai Financial Market PJSC
About Dubai Financial Market PJSC
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 from Dubai Financial Market PJSC
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The Dubai Financial Market (DFM) released a weekly summary of regulated short sell transactions for the period from November 25 to November 29, 2024. During this period, Emaar Properties PJSC had a short sell trade volume of 6 and a trade value of 58.62 AED. For more details on regulated short selling, refer to the DFM Market Rules and Operational Model available on their website. The announcement can also be accessed online. The document includes a disclaimer stating that the information is subject to change and that DFM is not liable for any losses resulting from the use of this data.
On November 22, 2024, the Dubai Financial Market (PJSC) disclosed that its Board of Directors passed a resolution by circulation concerning an internal matter. The communication was addressed to H.E. Dr. Maryam Buti Al Suwaidi, the CEO of the Securities and Commodities Authority, and Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market. The document indicates an official decision made by the company's board, without specifying the details of the internal matter.
On 22 November 2024, H.E. Dr. Maryam Buti Al Suwaidi, CEO of the Securities and Commodities Authority, communicated with Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market (DFM), regarding a disclosure. The DFM's Board of Directors is considering passing a resolution by circulation concerning an internal matter of the company, with a decision expected by 28 November 2024. The document was signed by Ali Amer Al-Hashimi, the Chief Financial Officer.