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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Taaleem Holdings PJSC invites its shareholders to the annual general assembly meeting on November 5, 2024, at Dubai British School in Jumeira, Dubai, and online. The agenda includes reviewing and approving the Board of Directors' report, the auditor's report, the balance sheet, and profit and loss statements for the fiscal year ending August 31, 2024. The meeting will also consider the distribution of a cash dividend of AED 120 million, the Board's remuneration of AED 5.25 million, and the discharge or dismissal of Board members and external auditors from liability. Additionally, the appointment of external auditors for the fiscal year ending August 31, 2025, and their remuneration will be discussed.
The weekly summary for DFM Regulated Short Sell Transactions from October 28 to November 1, 2024, reports the following activities: Salik Company PJSC had a short sell trade volume of 3,150 with a trade value of AED 15,529.50, and Dubai Taxi Company PJSC had a short sell trade volume of 1,500 with a trade value of AED 4,290.00. 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 on the DFM website. Note that the information is subject to change and DFM is not liable for any losses incurred from using this data.
On October 31, 2024, the Board of Directors of Dubai Financial Market (PJSC) convened and approved the condensed consolidated interim financial information for the nine-month period ending September 30, 2024. They also discussed regular matters and any other business.