Dubai Financial Market PJSC

Dubai Financial Market PJSC

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Dubai Financial Market Announces Key AGM Decisions

Summary

Dubai Financial Market PJSC held its Annual General Assembly, approving financial reports and a substantial dividend. Key future financial strategies were discussed.
Dubai Financial Market PJSC reveals critical decisions from its latest Annual General Assembly, highlighting financial achievements and future plans.

The Dubai Financial Market PJSC (DFM), a cornerstone of the United Arab Emirates' financial infrastructure, recently held its Annual General Assembly Meeting. This event, significant in the financial calendar, saw shareholders gather both physically and virtually to deliberate on crucial financial and strategic decisions.

Among the key resolutions passed was the approval of the Directors' and Auditors' Reports for the fiscal year ending December 31, 2025. These reports provide an in-depth review of the company's performance, underscoring a year of robust financial health and strategic growth. The Internal Shari'ah Supervisory Board's Report was also approved, reaffirming DFM's commitment to Islamic financial principles.

One of the most anticipated agenda items was the approval of the Consolidated Financial Statements for 2025. The meeting also saw the green light given to a cash dividend distribution, amounting to 50% of the net profit for 2025. This translates to 58.62% of the paid-up capital as of the end of 2025, totaling AED 1,749,919,520.50. Such a generous dividend is a testament to DFM's financial strength and its dedication to rewarding shareholders.

Additionally, the assembly absolved the Board of Directors and Auditors from their responsibilities for the year, a move that reflects confidence in their governance and oversight. The appointment of auditors for 2026 was confirmed, along with their remuneration, ensuring continued financial integrity and transparency.

In a strategic move, the renewal of the USD 3 billion Euro Medium Term Note Programme was approved. This program, which allows for the issuance of bonds, positions DFM to leverage global financial markets efficiently, enhancing its capital structure and funding potential.

Looking ahead, DFM's strategic decisions and financial health suggest a promising future. The company's alignment with Islamic Shari'a principles, coupled with its robust financial strategies, make it a compelling choice for investors. Considering the strong dividend payout and strategic initiatives, the recommendation is to hold the instrument, as DFM continues to demonstrate stability and growth potential.

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