Press releases, Reports & Disclosures for Dubai Financial Market PJSC

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.

A new contract series for Micro DME Oman Crude Oil Futures, specifically the January 2026 contract, will be available for trading starting November 25, 2024. The contract, identified by the symbol OMOILF26 and the contract ID OIL211125001, will be listed until November 21, 2025. Further details can be found on the Dubai Financial Market website. The information provided is subject to change and should not replace the official Dubai Financial Market Regulated Derivative Contract Trading Regulation.

Dubai Financial Market (DFM) has partnered with Al Maryah Community Bank (Mbank) to launch the IPO Upgrade program, which allows investors to leverage their subscription for selected Initial Public Offerings (IPOs) by up to five times. This initiative, supported by the Central Bank of the UAE, aims to enhance financial empowerment and accessibility within the UAE's capital markets. The program offers flexible investment options with the potential for higher allocations at a nominal fee. This collaboration highlights Mbank's role in financial innovation and DFM's commitment to transforming the UAE's financial landscape. Investors can access detailed information about the program through the DFM app or website.