Dubai Financial Market PJSC

On November 22, 2024, the Dubai Financial Market (PJSC) disclosed that its Board of Directors passed a resolution by circulation concerning an internal matter. The communication was addressed to H.E. Dr. Maryam Buti Al Suwaidi, the CEO of the Securities and Commodities Authority, and Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market. The document indicates an official decision made by the company's board, without specifying the details of the internal matter.

On 22 November 2024, H.E. Dr. Maryam Buti Al Suwaidi, CEO of the Securities and Commodities Authority, communicated with Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market (DFM), regarding a disclosure. The DFM's Board of Directors is considering passing a resolution by circulation concerning an internal matter of the company, with a decision expected by 28 November 2024. The document was signed by Ali Amer Al-Hashimi, the Chief Financial Officer.

The document provides the expiry settlement price for the Micro GME Oman Crude Oil Futures contract expiring in November 2024. The settlement price is 74.07 USD for the contract with the series code OMOIL X24 and contract ID OIL221124001. This announcement is available on the Dubai Financial Market website. The document includes a disclaimer noting that the information is subject to change and that the Dubai Financial Market Regulated Derivative Contract Trading Regulation takes precedence in case of inconsistencies.

The weekly summary for DFM Regulated Short Sell Transactions from November 18 to November 22, 2024, reports on trades involving the Salik Company PJSC. The short sell trade volume for Salik was 3,823 with a trade value of AED 20,911.81, and another trade volume of 177 with a value of AED 968.19. For detailed information on regulated short selling, refer to the DFM Market Rules and Operational Model available on their website. The announcement is also accessible on the Dubai Financial Market's website. Note that the information is subject to change, and DFM is not liable for any losses resulting from the use of this data.

The Dubai Financial Market has issued the expiry settlement prices for its equity futures contracts set to expire in November 2024. These prices are listed for various contract series codes, including AIRARB at 2.910 AED, ANSRI at 0.980 AED, ARMX at 2.270 AED, DEWA at 2.490 AED, DEYAAR at 0.905 AED, DFMGI at 4729.58 AED, DFM at 1.410 AED, DIB at 6.500 AED, DIC at 2.100 AED, DU at 7.470 AED, EMAAR at 9.500 AED, EMPWR at 1.730 AED, EMRDEV at 11.400 AED, ENBD at 19.700 AED, GFH at 1.200 AED, SALIK at 5.400 AED, and SHUAA at 0.190 AED. This announcement is available on the Dubai Financial Market's website. The document notes that the information is subject to change and emphasizes that it is not a substitute for the official Dubai Financial Market Regulated Derivative Contract Trading Regulation.

Nasdaq Dubai has announced the listing of two bonds issued by China's Ministry of Finance, totaling USD 2 billion. This includes a 3-year USD 1.25 billion bond and a 5-year USD 0.75 billion bond. The listing reflects the UAE's commitment to strengthening economic and financial ties with China, which have developed over four decades of diplomatic relations. With this listing, Nasdaq Dubai's total bond listings have reached USD 42 billion, with total debt listings at USD 135 billion across 156 issuances. Chinese entities have listed over USD 22 billion in debt on Nasdaq Dubai, with major Chinese banks being active issuers. Hamed Ali, CEO of Nasdaq Dubai, highlighted the importance of this issuance in fostering international relationships and enhancing Nasdaq Dubai's role as a bridge for global capital. Ian Johnston, Chief Executive of the Dubai Financial Services Authority, noted the transformative opportunities arising from the growing collaboration between China and the Middle East.