Press releases, Reports & Disclosures for Dubai Financial Market PJSC
Nasdaq Dubai has listed a USD 500 million Green Sukuk issued by OMNIYAT, a Dubai-based real estate developer. This three-year Sukuk, maturing in May 2028, offers a profit rate of 8.375% and is part of a USD 1 billion Trust Certificate Issuance Programme. The funds raised will be used to support sustainable real estate projects within OMNIYAT's portfolio, focusing on energy efficiency and environmental performance. The issuance was well-received by both regional and international investors, indicating strong confidence in OMNIYAT's strategy and Dubai's real estate sector. Mahdi Amjad, OMNIYAT's Founder and Executive Chairman, emphasized the company's commitment to sustainable growth. Hamed Ali, CEO of Nasdaq Dubai and DFM, highlighted the significance of this listing in enhancing the exchange's ESG and Islamic finance offerings. With this listing, the total value of ESG-linked debt instruments on Nasdaq Dubai has reached USD 29.6 billion, and the total value of Sukuk listed stands at USD 96.2 billion.
Al Mal Capital PSC, acting as the Fund Manager of Al Mal Capital REIT, invites all unitholders to attend the General Assembly meeting of AMCREIT on May 12, 2025, at 1:00 PM. The meeting will be held at Al Mal Capital's head office in Dubai and can be attended in person or remotely. The agenda includes a special resolution to approve the Fund Manager’s recommendation to increase the Fund's issued share capital from AED 513,889,872 by up to AED 300,000,000. This will be achieved through the issuance of up to 300,000,000 new units at an issue price of AED 1.1 per new unit, inclusive of a premium. Subscribers will incur an issuance fee of 2.5 fils per unit. The announcement regarding the subscription details will be published at least twenty days before the subscription start date, pending approval from unitholders.
Dubai Financial Market PJSC (DFM) has announced a binding agreement to sell a portion of its non-core investment assets as part of its portfolio optimization strategy. This move is intended to enhance shareholder value and reallocate capital towards higher growth opportunities. The positive financial impact of this divestment will be reflected in the company's Q2 2025 financial statements. In Q1 2025, DFM reported a total consolidated revenue of AED186.5 million, with 53.9% derived from investments and other income. DFM is committed to maintaining a diversified revenue stream and will provide further details about the transaction in due course.