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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Ithmaar Holding B.S.C. has announced an Extraordinary General Meeting (EGM) for its shareholders on Tuesday, May 28, 2024, at 1:30 PM at the Westin City Centre Bahrain, Seef District, Kingdom of Bahrain. If the quorum is not met, subsequent meetings are scheduled for May 29 and May 30, 2024, at the same time and location. Agenda items include: 1. Approval of the minutes from the EGM held on June 4, 2023. 2. Discussion and approval, subject to regulatory approvals, of the proposed sale and transfer of assets and liabilities valued between $665 million and $715 million to GFH Financial Group B.S.C. or other agreed entities. 3. Authorization for the Board of Directors to finalize the transaction terms and execute necessary documents. Shareholders can attend the meeting in person or appoint a proxy, excluding board members and company employees. Proxies must be submitted 24 hours before the meeting. For further inquiries, shareholders can contact Investor Relations.
The Micro DME Oman Crude Oil Futures contract expiring in May 2024 has an expiry settlement price of 82.42 USD. The contract series code is OMOIL N24 and the Contract ID is OIL240524001. This information, issued on 24 May 2024, is available on the Dubai Financial Market website. It is subject to change and should not replace the relevant Dubai Financial Market Regulated Derivative Contract Trading Regulation.
The weekly trading summary for DFM Regulated Short Sell Transactions from 20 May 2024 to 24 May 2024 reports no RSS trades during this period. Further information on RSS can be found in the DFM Market Rules Module Three Membership, Trading, And Derivatives Rules and Operational Model and Procedures for Implementation of Regulated Short Selling on the DFM website. This information is subject to change and DFM is not liable for any loss resulting from the use of this data.
The Dubai Financial Market has announced that the July 2025 Contract Series for Oman Crude Oil Futures contracts will be available for trading from 27 May 2024. The contract, identified as OIL230525001 and symbolized as OMOILN25, is named Micro DME Oman Crude Oil FUT - July 2025. It will be de-listed on 23 May 2025. The announcement is available on the Dubai Financial Market's website. The information is subject to change and the Dubai Financial Market Regulated Derivative Contract Trading Regulation will prevail in case of any inconsistency.