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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Air Arabia Company (PJSC) has invited its shareholders to attend the Annual General Assembly Meeting (AGM) scheduled for March 17, 2025, at 3:00 pm. The meeting will be held both virtually and physically at the company's head office located near Sharjah International Airport. The agenda includes discussing and approving the Board of Directors' and Auditor’s Reports, the company's financial statements for the fiscal year ending December 31, 2024, and a proposal to distribute a 25% cash dividend. Additionally, the meeting will address the approval of the Board’s remuneration, discharge of liabilities for the Board and auditors, and the appointment of auditors for the fiscal year 2025 along with their fees.
Nasdaq Dubai has announced the listing of a USD 1 billion Sukuk by the Government of Ras Al Khaimah, issued through its Investment and Development Office. The 10-year Sukuk, with a profit rate of 5.038%, is part of a USD 2 billion issuance program by RAK Capital and aims to support the region's economic growth and infrastructure development. The issuance attracted strong investor interest, with an orderbook surpassing USD 4.4 billion, indicating confidence in Ras Al Khaimah's economic stability. The listing was celebrated by Mr. Mohammed Sultan Al Qadi, Managing Director at the IDO, and Mr. Hamed Ali, CEO of Nasdaq Dubai and DFM. The listing enhances Nasdaq Dubai's position as a leading exchange for public fundraising, with government issuances comprising 62% of its listings. This addition brings the total value of Sukuk listed on Nasdaq Dubai to over USD 92.7 billion, reinforcing its status as a global hub for Islamic finance. The overall value of debt securities on the exchange now totals USD 136.2 billion across 157 issuances.