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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Futures contracts – Expiry Settlement Prices

The Dubai Financial Market has issued the expiry settlement prices for its equity futures contracts set to expire in November 2024. These prices are listed for various contract series codes, including AIRARB at 2.910 AED, ANSRI at 0.980 AED, ARMX at 2.270 AED, DEWA at 2.490 AED, DEYAAR at 0.905 AED, DFMGI at 4729.58 AED, DFM at 1.410 AED, DIB at 6.500 AED, DIC at 2.100 AED, DU at 7.470 AED, EMAAR at 9.500 AED, EMPWR at 1.730 AED, EMRDEV at 11.400 AED, ENBD at 19.700 AED, GFH at 1.200 AED, SALIK at 5.400 AED, and SHUAA at 0.190 AED. This announcement is available on the Dubai Financial Market's website. The document notes that the information is subject to change and emphasizes that it is not a substitute for the official Dubai Financial Market Regulated Derivative Contract Trading Regulation.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Gulf Navigation Holding PJSC

Disclosure: Notification from the company

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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Press release - Nasdaq Dubai Welcomes USD 2 Billion Bonds by China’s Ministry of Finance Further Strengthening UAE-China Ties

Nasdaq Dubai has announced the listing of two bonds issued by China's Ministry of Finance, totaling USD 2 billion. This includes a 3-year USD 1.25 billion bond and a 5-year USD 0.75 billion bond. The listing reflects the UAE's commitment to strengthening economic and financial ties with China, which have developed over four decades of diplomatic relations. With this listing, Nasdaq Dubai's total bond listings have reached USD 42 billion, with total debt listings at USD 135 billion across 156 issuances. Chinese entities have listed over USD 22 billion in debt on Nasdaq Dubai, with major Chinese banks being active issuers. Hamed Ali, CEO of Nasdaq Dubai, highlighted the importance of this issuance in fostering international relationships and enhancing Nasdaq Dubai's role as a bridge for global capital. Ian Johnston, Chief Executive of the Dubai Financial Services Authority, noted the transformative opportunities arising from the growing collaboration between China and the Middle East.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Amlak Finance P.J.S.C

Disclosure: Postponing BOD meeting date

On November 21, 2024, a letter was addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market, regarding a meeting of the Board of Directors of Amlak Finance PJSC. The letter, sent by Lama Takieddin, Head of Corporate Governance and Company Secretary, informed that contrary to the previous disclosure on November 18, 2024, about making a decision by circulation on November 21, 2024, it has been decided to hold a Board meeting on November 27, 2024, at 3:00 PM to discuss regular company matters. Consequently, no decision will be made by circulation. A copy of the letter was also sent to the Securities and Commodities Authority.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Sukoon Insurance PJSC

Disclosure: Board Decisions by Passing

Sukoon Insurance PJSC has announced that its Board of Directors will pass a resolution by circulation on November 25, 2024, at 10:00 am. The agenda includes the election of new members and a chairman for the Nomination and Remuneration Committee. The notification was addressed to Mr. Hamed Ahmad Ali, Executive Chief Officer of the Dubai Financial Market, and a copy was sent to Mrs. Maryam Butti Al Suwaidi, Deputy CEO of the Securities and Commodities Authority in Abu Dhabi.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai National Insurance & Reinsurance

Disclosure: Resignation of BOD member

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Dubai Financial Market News

Dubai Financial Market News

News Update From Emirates NBD PJSC

Disclosure: Results of BOD Meeting

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Dubai Financial Market News

Dubai Financial Market News

News Update From Emirates Islamic Bank PJSC

Disclosure: Results of BOD Meeting

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Dubai Financial Market News

Dubai Financial Market News

News Update From Drake & Scull International P.J.S.C

Disclosure: Press release

Drake and Scull International PJSC (DSI), a company specializing in mechanical, electrical, and plumbing (MEP) contracting services, as well as oil and gas and water treatment projects, has appointed Muin Al Saleh as the new Chief Executive Officer. With over 25 years of experience in engineering, construction, and infrastructure, Mr. Al Saleh is expected to drive operational growth, enhance client satisfaction, and optimize cost management. His leadership aims to strengthen DSI's project delivery capabilities and market position. Mr. Al Saleh expressed his enthusiasm for leading DSI and working with the team to advance projects and achieve company goals. The Board of Directors is confident in his ability to elevate DSI's presence in regional markets.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Futures contracts – New Contract Series

A new contract series for Micro DME Oman Crude Oil Futures, specifically the January 2026 contract, will be available for trading starting November 25, 2024. The contract, identified by the symbol OMOILF26 and the contract ID OIL211125001, will be listed until November 21, 2025. Further details can be found on the Dubai Financial Market website. The information provided is subject to change and should not replace the official Dubai Financial Market Regulated Derivative Contract Trading Regulation.

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