
Dubai Financial Market PJSC
Pressreleases, Reports and Disclosures for Dubai Financial Market PJSC
Date: 24th July 2024 Mr. Hamed Ahmed Ali Chief Executive Officer Dubai Financial Market Dubai - United Arab Emirates Dear Sirs, Subject: Postponement of the Annual General Assembly meeting of Drake & Scull International P.J.S.C (‘The Company’) We would like to inform you that the quorum for the Annual General Assembly Meeting of the Company was not met. Consequently, another meeting will be held on Tuesday, 30th July 2024 at 3:00 PM at the same location. Sincerely Yours, Dana Abualghanam Board Secretary
Dubai Financial Market (DFM) reported a 74% increase in net profit before tax for the first half of 2024, reaching AED 195.4 million. Total consolidated revenue rose by 40% to AED 305.7 million. During this period, DFM attracted 72,583 new investors, 85% of whom were foreign, bringing the total investor base to over 1.1 million. Foreign investors accounted for 50% of trading activity. The market also hosted the annual Capital Market Summit, which drew over 1,000 global delegates. DFM Chairman H.E Helal Saeed Al Marri highlighted the strong performance and commitment to innovation, infrastructure, and service diversification, reinforcing Dubai's position as a significant player in the global financial market.
The document is a review report and condensed interim consolidated financial information for Dubai Financial Market (DFM) P.J.S.C. for the six-month period ending on June 30, 2024.