Dubai Financial Market PJSC

About Dubai Financial Market PJSC
Country of Origin: United Arab Emirates (U.A.E)
Dubai Financial Market (DFM) – PJSC (the “Company”) is a Public Joint Stock Company incorporated in the Emirate of Dubai – United Arab Emirates, pursuant to decree No. 62 for the year 2007 issued by the Ministry of Economy on February 6, 2007, and is subject to the provision of the UAE, Federal Law No. 8 for the year 1984 and its amendments.
The licensed activities of the company are trading in financial instruments, acting as commercial, industrial and agricultural holding and trust company, financial investment consultancy, and brokerage local and foreign shares and bonds. In accordance with its Articles of Association, the Company complies in all its activities, operations and formalities with the provisions of Islamic Shari’a and shall invest its entire fund in accordance with these provisions.
The company’s shares are listed on the Dubai Financial Market (“DFM”). The company currently operates the Dubai Stock Exchange, related clearing house and carries out investment activities on its own behalf.
The ultimate parent and controlling party is the Government of Dubai which owns 80% of DFM through Borse Dubai Limited (the “parent”), a Government of Dubai entity.
Latest Pressrelease Summaries from Dubai Financial Market PJSC
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The Board of Directors of TECOM Group PJSC invites shareholders to attend the Annual General Assembly Meeting on March 10, 2025, at 3:00 p.m. The meeting will take place at the company's offices in Dubai Internet City and will also be accessible remotely. The agenda includes reviewing and approving the Board's report on the company's activities and financial position for the year ending December 31, 2024, the external auditors' report, the company's balance sheet, and the profit and loss account. Additionally, there will be a discussion on the Board's recommendation to distribute a cash dividend of AED 400 million for the second half of the financial year, amounting to 8 fils per ordinary share, representing 80% of the company's share capital. The total cash dividend for 2024 will be AED 800 million, including an interim dividend of AED 400 million.
The Dubai Financial Market (PJSC) is considering passing a resolution by circulation on March 11, 2025. The announcement was made in a communication involving H.E. Waleed Saeed Al Awadhi, CEO of the Securities and Commodities Authority, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market.