Dubai Financial Market PJSC

Dubai Financial Market PJSC

DFM

1 week

-0.01 %

1 month

0.03 %

3 months

0.08 %

OverviewInsightsDisclosures

Dubai Financial Market PJSC

Logotype for Dubai Financial Market PJSC
Ticker/ISIN
DFM
AED000901010
Market/Country
Dubai Financial Market
United Arab Emirates

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

The Dubai Financial Market (DFM) reported strong growth in 2024, with a 24% increase in net profit (pre-tax) to AED 409.3 million, compared to AED 329.6 million in 2023. The DFM General Index rose by 27.1%, reaching its highest level since September 2014, and market capitalization increased by 32% to AED 907 billion. The market onboarded 138,262 new investors, with 85% being foreign nationals, and raised AED 10.48 billion through three successful IPOs. The Board of Directors proposed a cash dividend of AED 256 million, representing 97% of the total retained earnings available for distribution. The results underscore DFM's position as a leading financial exchange in the region, driven by robust trading volumes, capital inflows, and increased investor activity.
On January 30, 2025, the Board of Directors of Dubai Financial Market (PJSC) held a meeting where they approved the company's consolidated financial statements for the year ending December 31, 2024. They also recommended distributing a cash dividend of AED 256 million, representing 3.2% of the capital and 97% of the total retained earnings available for distribution, pending approval from the Annual General Assembly. Additionally, the agenda and invitation for the 2024 Annual General Assembly Meeting were approved, subject to the Securities and Commodities Authority's approval. The meeting also addressed regular matters and other business.
Nasdaq Dubai has listed the Middle East's first corporate Blue Bond, valued at USD 100 million, issued by DP World. This bond is part of DP World's USD 10 billion Global Medium-Term Note Programme, with a 5.250% coupon rate maturing in 2029, and achieved a spread of 99.6 basis points above U.S. Treasuries. The proceeds will fund sustainable projects in marine transportation and port infrastructure, aligning with the UN's Sustainable Development Goals 6 and 14. This listing enhances Nasdaq Dubai's reputation as a leading platform for ESG-linked financial instruments, with its total debt market value at USD 137 billion, including USD 29 billion in ESG-linked issuances. The listing ceremony was attended by DP World and Nasdaq Dubai executives, highlighting a commitment to sustainable finance and economic growth.
The Dubai Financial Market (PJSC) Board of Directors will hold a meeting on Thursday, January 30, 2025, at 3:00 PM. The agenda includes discussing the company's consolidated financial statements for the year ending December 31, 2024, considering the distribution of cash dividends for the same period, reviewing the agenda and invitation for the Annual General Assembly Meeting, and addressing regular matters and any other business.
The settlement price for the Micro GME Oman Crude Oil Futures contract expiring in January 2025 is $81.76 USD. The contract series code is OMOIL H25, and the contract ID is OIL240125 001. This information, issued on January 24, 2025, is available on the Dubai Financial Market website. Note that the details may change, and the Dubai Financial Market Regulated Derivative Contract Trading Regulation takes precedence in case of discrepancies.
The Dubai Financial Market (DFM) Regulated Short Sell (RSS) weekly summary for the period from January 20, 2025, to January 24, 2025, reports that there were no RSS trades during this time. For more details on RSS, refer to the DFM Market Rules and Operational Model available on their website. The announcement can also be accessed on the DFM website. Note that the information is subject to change and is provided "as is," with no liability for any losses incurred from its use.
A new contract series for Oman Crude Oil Futures, specifically the March 2026 contract, will be available for trading starting on January 27, 2025. The contract, identified by the symbol OMOIL H26, will be listed on the Dubai Financial Market and will be de-listed on January 23, 2026. Further details can be found on the Dubai Financial Market website. The information provided is subject to change, and the Dubai Financial Market Regulated Derivative Contract Trading Regulation will take precedence in case of any inconsistencies.
The weekly summary for DFM Regulated Short Sell Transactions from January 13, 2025, to January 17, 2025, reports no RSS trades during this period. For more details on Regulated Short Selling, refer to the DFM Market Rules and the Operational Model and Procedures for Implementation of Regulated Short Selling available on the DFM website. This announcement can also be accessed on the DFM's news and disclosures page. The information provided is subject to change, and DFM is not liable for any losses resulting from the use of this information.

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CashwariyaRai

CashwariyaRai

Commented on AkSharesKumars Transaction regarding Dubai Financial Market PJSC

"Great move! Diversifying with Dubai Financial Market PJSC at 1.41 AED is a smart play. Industrials and Financials are strong sectors. Wishing you stellar returns! 🌟 #InvestSmart #MarketMaven"
RealEstateKing

RealEstateKing

Commented on FinDiesels Transaction regarding Dubai Financial Market PJSC

Great move picking up Dubai Financial Market PJSC at 1.4 AED! Diversifying into Financials can really balance a portfolio focused on Industrials and Materials. Keep it up! 🚀
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Regulated Short Sell – Weekly Summary – June

The Dubai Financial Market (DFM) issued a weekly summary for Regulated Short Sell (RSS) transactions for the period from June 10, 2024, to June 14, 2024, stating that there were no RSS trades during this time. For more information on RSS, refer to the DFM Market Rules and Operational Model and Procedures available on their website. The announcement can also be found on the DFM website. The document includes a disclaimer noting that the information is subject to change and that DFM is not liable for any losses resulting from the use of the data and content provided.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on SALAM_BAH 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: Reminder: General Assembly of TAKAFUL-EM is being held on 14/06/2024

Takaful Emarat Insurance PJSC's Board of Directors invites shareholders to the Annual General Assembly meeting on Friday, June 14, 2024, at 3:00 PM, at Al Moosa Tower 2 in Dubai and virtually. The agenda includes reviewing and approving the Board of Directors' report, the Auditor’s Report, the Internal Shariah Supervisory Board’s Report, the Company's balance sheet, and profit and loss account for the year ended December 31, 2023. The meeting will also involve appointing members of the Internal Shariah Supervisory Committee, discharging Board members and auditors from liability for 2023, appointing auditors and determining their fees for 2024, and approving the reinstatement of the Company Articles of Association. Additionally, a special resolution will consider the continuation or dissolution of the Company's activities in accordance with the Federal Decree by Law no 32 of 2021 due to accumulated losses exceeding 120% of the Company's capital.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: Today, 14/06/2024 is the ex-dividend date for CHAESHIN shares
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: Today, 13/06/2024 is the last trading date to entitle for CHAESHIN’s cash dividend
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on SALAM_BAH shares starting from 11:00 AM (UAE Time) as its BOD meeting is being held today, 13-06-2024 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 GULFNAV 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: Futures contracts – New Contract Series

The Dubai Financial Market announced that a new series of equity futures contracts will be available for trading starting on June 13, 2024. These contracts, set to expire on September 19, 2024, include futures for various companies such as AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA. Additional details and updates can be found on the Dubai Financial Market website. The information provided is subject to change, and the Dubai Financial Market Regulated Derivative Contract Trading Regulation will take precedence in case of any inconsistencies.

1. Attached Document

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