

The Dubai Financial Market (DFM) released a weekly summary of regulated short sell transactions for the period from October 21 to October 25, 2024. During this period, Parkin Company P.J.S.C. had a short sell trade volume of 5,000 with a trade value of AED 21,000. For more details on regulated short selling, refer to the DFM Market Rules and Operational Model available on their website. The information provided is subject to change, and DFM is not liable for any losses resulting from the use of this data.
The Dubai Financial Market announced the expiry settlement price for the Micro GME Oman Crude Oil Futures contracts expiring in October 2024. The settlement price is 75.38 USD for the contract series code OMOIL Z24, with the contract ID OIL241024001. This information is available on the Dubai Financial Market's website. The document includes a disclaimer stating that the information is subject to change and emphasizes that the Dubai Financial Market Regulated Derivative Contract Trading Regulation takes precedence in case of any inconsistency.
Nasdaq Dubai has listed a USD 500 million Sukuk issued by Dubai Islamic Bank (DIB), marking the lowest yield of 5.25% for an emerging markets bank since April 2022. This additional Tier 1 Sukuk is dual listed on Nasdaq Dubai and Euronext Dublin and saw strong investor demand, reflecting confidence in DIB and the UAE's financial market. DIB, a frequent issuer, now has over USD 9 billion through 11 outstanding Sukuk listings on the exchange. The listing enhances Nasdaq Dubai's position as a global hub for Sukuk, with total outstanding Sukuk reaching USD 93 billion across 102 listings. The issuance attracted a diverse range of investors from Europe, Asia, and the Middle East. The listing was commemorated by a market-opening ceremony attended by Saeed Wajdi, Chief of Treasury at DIB, and Hamed Ali, CEO of Nasdaq Dubai and DFM. Dr. Adnan Chilwan, CEO of DIB, emphasized that the listing not only reaffirms market confidence in DIB but also endorses the UAE's economic resilience and ambitions.
A new contract series for Oman Crude Oil Futures, specifically the December 2025 contract, will be available for trading starting on October 25, 2024. The contract, identified by the symbol OMOIL Z25, will be listed until October 24, 2025. This announcement is from the Dubai Financial Market and can be accessed on their website. The information is subject to change and is not a replacement for the official Dubai Financial Market Regulated Derivative Contract Trading Regulation.