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) has issued the expiry settlement prices for its equity futures contracts expiring in August 2024. The prices are listed for various contract series, including AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFMGI, DFM, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA, with settlement prices ranging from 0.214 to 19.750 AED. This announcement is available on the DFM website. The information is subject to change and is not a substitute for the official DFM Regulated Derivative Contract Trading Regulation.
Dubai Financial Market (DFM) and Shenzhen Stock Exchange (SZSE) have signed a Memorandum of Understanding (MoU) to enhance cross-border financial collaboration, aiming to improve capital market connectivity and investment opportunities between China and the UAE. The MoU was signed by representatives from both exchanges and witnessed by high-ranking officials. The partnership will involve joint roadshows, seminars, research initiatives, and training programs to promote capital market development and cross-border financing. Additionally, the collaboration will explore dual-listing, ETFs, mutual display of indices, and fixed-income products, subject to regulatory approvals. The strategic partnership aims to exchange experience and insights in market and product development, regulatory and ESG practices, and IT capacity building, thereby fostering deeper future collaboration. Representatives from both exchanges highlighted the MoU as a significant step towards enriching cross-border investment and financing products and strengthening the capital markets' capacity to serve the real economies of both countries.