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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Dubai Financial Market (DFM) has launched an upgraded iVestor App at the Capital Market Summit 2024. The app will serve as a key part of DFM Arena, a platform for initial private offerings. The iVestor App aims to make investment and money management more accessible and efficient for retail investors. It offers a range of features including direct subscription in IPOs and Arena opportunities, a snapshot of the user's securities portfolio with DFM, and convenient management of dividends. The app was developed in collaboration with Emirates NBD and Network International. It also offers easy top-ups and transfers, the ability to create saving goals, and the option to apply for virtual cards for secure online shopping. The iVestor app is also connected with the xCube trading app, allowing users to transfer funds and start trading immediately.
Dubai Financial Market (DFM) has launched ARENA, a platform for capital raising, listing and investments, at the MENA Capital Market Summit 2024. ARENA provides an alternative to IPOs for private and family businesses, and growth companies. It offers equity and debt capital raising options and plans to expand asset classes in the future. This initiative marks DFM's expansion into the private market, strengthening its position as a leading financial market in the region. ARENA also allows companies to limit investor access to institutional investors, employees, or family and founding members, offering a unique pre-IPO listing option. For companies looking to raise over AED 35 million, ARENA provides cost-effective access to a broad investor network and a transparent process. The platform also offers investors exclusive access to DFM private market investments.