

Taaleem Holdings PJSC invites its shareholders to the annual general assembly meeting on November 5, 2024, at Dubai British School in Jumeira, Dubai, and online. The agenda includes reviewing and approving the Board of Directors' report, the auditor's report, the balance sheet, and profit and loss statements for the fiscal year ending August 31, 2024. The meeting will also consider the distribution of a cash dividend of AED 120 million, the Board's remuneration of AED 5.25 million, and the discharge or dismissal of Board members and external auditors from liability. Additionally, the appointment of external auditors for the fiscal year ending August 31, 2025, and their remuneration will be discussed.
The weekly summary for DFM Regulated Short Sell Transactions from October 28 to November 1, 2024, reports the following activities: Salik Company PJSC had a short sell trade volume of 3,150 with a trade value of AED 15,529.50, and Dubai Taxi Company PJSC had a short sell trade volume of 1,500 with a trade value of AED 4,290.00. For more details on Regulated Short Selling, refer to the DFM Market Rules and Operational Model available on their website. The announcement can also be accessed on the DFM website. Note that the information is subject to change and DFM is not liable for any losses incurred from using this data.
On October 31, 2024, the Board of Directors of Dubai Financial Market (PJSC) convened and approved the condensed consolidated interim financial information for the nine-month period ending September 30, 2024. They also discussed regular matters and any other business.
The Dubai Financial Market (DFM) reported a strong performance in the first nine months of 2024, with a 60% increase in net profit before tax, reaching AED 298.7 million compared to the same period in 2023. The DFM General Index rose by 10.9%, closing at 4,503.48 points, the highest since 2014. Total consolidated revenues increased by 29% to AED 460.3 million, and the number of trades rose by 20% year-on-year to 1.7 million. However, the total trading value decreased by 6% to AED 72.7 billion. The market capitalization of DFM-listed companies reached AED 757 billion. The exchange attracted 91,151 new investors, with 85% being foreign, who contributed 49% to the total trading value. Institutional investors accounted for 65% of the trading value.