Dubai Financial Market PJSC

Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority, is inviting its shareholders to attend the company's General Assembly meeting. The meeting is scheduled for 3 PM on Monday, February 3, 2025, at the company's headquarters on the 32nd floor of Al Khatem Tower, Al Maryah Island, Abu Dhabi. Shareholders can also attend remotely via electronic participation. The agenda includes a special resolution to approve the issuance of convertible bonds worth up to 150 million AED, in accordance with relevant federal law and regulatory decisions.

During the period from January 27 to January 31, 2025, there were no Regulated Short Sell (RSS) trades on the Dubai Financial Market (DFM). For more details on RSS, refer to the DFM Market Rules and related documents available on their website. The announcement is also accessible online. The information provided is subject to change, and DFM is not responsible for any losses incurred from using this data.

The Dubai Financial Market (PJSC) has scheduled an Earnings Call Meeting for February 4, 2025, at 3:00 PM. The meeting will focus on discussing the company's annual financial results for the year ending December 31, 2024.

The Dubai Financial Market (DFM) reported strong growth in 2024, with a 24% increase in net profit (pre-tax) to AED 409.3 million, compared to AED 329.6 million in 2023. The DFM General Index rose by 27.1%, reaching its highest level since September 2014, and market capitalization increased by 32% to AED 907 billion. The market onboarded 138,262 new investors, with 85% being foreign nationals, and raised AED 10.48 billion through three successful IPOs. The Board of Directors proposed a cash dividend of AED 256 million, representing 97% of the total retained earnings available for distribution. The results underscore DFM's position as a leading financial exchange in the region, driven by robust trading volumes, capital inflows, and increased investor activity.

On January 30, 2025, the Board of Directors of Dubai Financial Market (PJSC) held a meeting where they approved the company's consolidated financial statements for the year ending December 31, 2024. They also recommended distributing a cash dividend of AED 256 million, representing 3.2% of the capital and 97% of the total retained earnings available for distribution, pending approval from the Annual General Assembly. Additionally, the agenda and invitation for the 2024 Annual General Assembly Meeting were approved, subject to the Securities and Commodities Authority's approval. The meeting also addressed regular matters and other business.

Nasdaq Dubai has listed the Middle East's first corporate Blue Bond, valued at USD 100 million, issued by DP World. This bond is part of DP World's USD 10 billion Global Medium-Term Note Programme, with a 5.250% coupon rate maturing in 2029, and achieved a spread of 99.6 basis points above U.S. Treasuries. The proceeds will fund sustainable projects in marine transportation and port infrastructure, aligning with the UN's Sustainable Development Goals 6 and 14. This listing enhances Nasdaq Dubai's reputation as a leading platform for ESG-linked financial instruments, with its total debt market value at USD 137 billion, including USD 29 billion in ESG-linked issuances. The listing ceremony was attended by DP World and Nasdaq Dubai executives, highlighting a commitment to sustainable finance and economic growth.