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 announced the expiry settlement prices for its equity futures contracts expiring in June 2024. The settlement prices for various contracts are listed along with their respective series codes, prices in AED, and contract IDs (ISIN). The announcement is available on the DFM website. Note that the information is subject to change and the DFM Regulated Derivative Contract Trading Regulation will take precedence in case of any discrepancies.
A new contract series for Micro DME Oman Crude Oil Futures, specifically the August 2025 contract, will be available for trading starting on June 24, 2024. The contract, identified by the symbol OMOIL Q25 and ISIN OIL230625001, will be listed until June 23, 2025. More information can be found on the Dubai Financial Market website. Note that the information is subject to change and the Dubai Financial Market Regulated Derivative Contract Trading Regulation takes precedence in case of any discrepancies.
On June 19, 2024, H.E. Dr. Maryam Buti Al Suwaidi, Chief Executive Officer of the Securities and Commodities Authority, sent a communication to Mr. Hamed Ahmed Ali, Chief Executive Officer of the Dubai Financial Market (DFM), regarding a disclosure by DFM PJSC. The letter informs that the Company's Board of Directors will pass a resolution by circulation no later than June 23, 2024, concerning an internal matter. The communication is signed by Ali Amer Al-Hashimi, Chief Financial Officer of DFM.
On June 19, 2024, Dr. Maryam Buti Al Suwaidi, CEO of the Securities and Commodities Authority, addressed a letter to Mr. Hamed Ahmed Ali, CEO of Dubai Financial Market (DFM). The letter informed that the Board of Directors of DFM will pass a resolution by circulation regarding an internal matter by June 23, 2024. The letter was signed by Ali Amer Al-Hashimi, Chief Financial Officer of DFM.