As for the sectors’ contribution to trading volumes, the Real Estate and Construction sector ranked first in terms of the traded value, to reach AED 2.947 billion, equating to 39.1% of the total traded value in the market. Dubai Financial Market (DFM) and Nasdaq Dubai have signed a licence agreement under which futures contracts linked with the DFM General Index (DFMGI) will be traded on Nasdaq Dubai… Brokers on Nasdaq Dubai can fix their own terms and conditions for charging clients, while on the DFM transactions cost 0.275 per … All DFM and Nasdaq Dubai brokers can apply to be members of the futures market, with access to all eligible individual and institutional investors to trade. Dubai Financial Market (DFM) has signed a Memorandum of Understanding (MoU) with the UAE Accountants & Auditors Association. The volume of traded contracts rose 80% from 874,000 in the first six months of the market’s operation to reach 1,574,000 in the next six-month period ended August 31, 2017. Hamed Ali, Chief Executive of Nasdaq Dubai, said: “The addition of a DFMGI-linked product to Nasdaq Dubai’s equity futures represents a substantial expansion of the market and widens the opportunities for investors who wish to hedge or invest, as well as make gains whether the value of the index is falling or rising. Dubai: Dubai Airport Free Zone Authority (DAFZA), Dubai Financial Market (DFM) and Nasdaq Dubai held a first-of-its kind joint virtual webinar to introduce the DFM Main Market and Nasdaq Dubai Growth Market, that have been developed to provide initial public offering (IPO) and listing opportunities for free zone companies. The index tracks 20 liquid stocks listed on DFM, the Abu Dhabi Securities Exchange and NASDAQ Dubai. The Dubai Financial Market (DFM) “PJSC” shareholders approved the Balance Sheet and Income Statement for the fiscal year ending December 31st 2012, during the Ordinary Annual General Meeting held on April 16th 2013, and headed by Abdul Jalil Yousuf Darwish, Chairman of the company. The companies are exploring options to raise capital through equity, including global depository receipts (GDRs), as well as through debt, exchange-traded funds, real estate investment trusts (REITs) and other products. Dubai Financial Market (DFM) Dubai Financial Market ( DFM ) was established as a public institution in 2000. Accordingly, it is possible that the M&A regimes for companies listed on DFM and for companies listed on Nasdaq Dubai may converge at some point in the future. The highest it has ever been. Nasdaq Dubai last week announced a licence agreement with MSCI under which the exchange will use MSCI’s regional indices to create derivative products to be traded on Nasdaq Dubai’s derivatives platform. celebrate the listing of a Sukuk issued by Sharjah Islamic Bank (SIB) on NASDAQ Dubai, signed a Memorandum of Understanding (MoU) with the UAE Accountants & Auditors Association. Read more about the constituents of the index here. FTSE NASDAQ Dubai UAE 20 index rises 11% in April The FTSE NASDAQ Dubai UAE 20 index ended April 2013 at 2,454, up 11% from 2,207 at the end of March 2013 and up 35% from 1,820 at the end of 2012.The index tracks stocks listed on DFM, the Abu Dhabi Securities Exchange and NASDAQ Dubai. Email customerservice@dfm.ae Office Hours 8:00AM-3:00PM / Sun-Thu Dubai CSD Investor Affairs 8:00AM-2:00PM / Sun-Thu Reception - Mezzanine Floor World Trade Centre (Rashid Tower) Sheikh Zayed Road P.O. The Abu Dhabi Government owns the ADX, while the DFM is 80 per cent controlled by Borse Dubai, which is also the holding company of NASDAQ Dubai. Nasdaq Dubai is ideal for many types of companies, from family businesses to conglomerates, government entities and high growth businesses. DUBAI – Dubai Airport Free Zone Authority, DAFZA, Dubai Financial Market, DFM, and Nasdaq Dubai held a first-of-its-kind joint virtual webinar to introduce the DFM Main Market and Nasdaq Dubai Growth Market, that have been developed to provide the initial public offering, IPO, and listing opportunities for free zone companies. 18-Aug-2020 China Construction Bank celebrates listing two green bonds on Nasdaq Dubai with total value USD 1.2 billion. More About Us . The exchange initially plans to develop futures contracts based on the MSCI UAE index, which is widely tracked by international institutional investors. It is noteworthy that the DFMGI’s value increased from its base value of 1000 points in 2003 to a historic level of 8485 points in November 2005. Since it opened in September 2016, Nasdaq Dubai’s equity futures market has grown from seven leading stocks to 13, all listed on UAE exchanges. At the sectoral level, indexes of seven out of the nine sectors represented on DFM ended the month in the green, with the Financial & Investment services sector increasing the most by 28.6%, followed by the Banking sector by 27.1%, and the Transportation sector by 13.8%, the Real Estate and Construction sector up 10.4%. The value of equities traded on NASDAQ Dubai in April 2013 reached 49.4 million dollars, an increase of 34% from 36.9 million dollars in April 2012 and of 76% from 28.1 million in March 2013. Nasdaq Dubai is the international financial exchange in the Middle East. 22-Jul-2020 Emirates NBD rings market-opening bell to celebrate listing of USD 750 million bond on Nasdaq Dubai… For more information on Drake & Scull International PJSC, visit http://www.drakescull.com/PJSC/. It also further strengthens Dubai’s position as an international capital markets hub.” DFM will introduce regulated short-selling of equities in coming period. The Consumer Staples and the Industrial sectors index has not changed during this month. The Dubai Financial Market General Index rose 16.7% to 2135.4 points at the end of April compared to 1829.2 points at the end of March. The IPO and listing of free zone companies comes in … The listing of SIB’s 500 million dollar Sukuk provides further support for the campaign to promote the ‘Dubai the Global Center of Sukuk’ initiative launched in January 2013 by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minster and Ruler of Dubai, in line with His Highness’s vision to position the Emirate as the Capital of Islamic Economy globally. 00 971 4 305 5455 . DFM and Nasdaq Dubai highlight significant role of IR in strengthening listed companies’ links with investors 23 Sep, 2020 Investor Relations (IR) is playing a growing role in strengthening the relationship between companies listed on Dubai’s capital … The shareholders elected Majid Saif Al Ghurair to replace Mussabeh Mohammed Al Qaizi, the ex-board member who did not run for the new term. NASDAQ Dubai visited India on 8th and 9th April, 2013 following a growing number of enquiries by Indian companies about how to raise capital on the Middle East’s international exchange. The performance of trading securities or instruments is not guaranteed and past performance is not an indication of future performance. NASDAQ Dubai has just published an Executive Guide which explains the many benefits of the region’s international exchange. We welcome your comments on our newsletter and our websites. It includes the advantages of carrying out an IPO, the steps involved, and information about life as a listed company. DFM was a fully owned by Dubai government until November 2006 when it turned into a public joint-stock company through an IPO, which led to sell 20% of its shares to public and 80% were subscribed by Borse Dubai, which is owned by Dubai … The information provided in this document (“Information”) is provided by way of general information and comment only. The launch of this state-of-the-art, free of charge service reflects DFM’s dedication to providing investors with unrivaled services and ongoing commitment to deploy the most effective technological tools to save investors time and effort. It allows companies to benefit from a unique investor pool that combines regional and international wealth, making it a globally unique platform for companies to raise money and for investors to find exciting opportunities. Dubai Financial Market (DFM) announced the conclusion of its 11th Annual Stock Game. signed a Memorandum of Understanding (MoU) with the UAE Accountants & Auditors Association. We remained resilient the good old-fashioned way: by working hard. During the meeting, DFM company shareholders also elected the board of directors for a three year term. Dubai Financial Market (DFM) announced the conclusion of its 11th Annual Stock Game. Information, including forecast financial information and examples should not be considered as a recommendation in relation to holding, purchasing or selling securities or other instruments. DFM will introduce regulated short-selling of equities in … In a first of its kind step in the region, Dubai Financial Market (DFM) and Nasdaq Dubai have signed a licence agreement under which futures contracts linked with the DFM General Index (DFMGI) will be traded on Nasdaq Dubai’s equity futures market. 20 per cent of DFM's shares offered for public subscription; and that was the first of its kind in the region. Building on the solid foundations that we established during the previous years, DSI has been able to identify opportunities that now sustain our long-term growth plans. DFM, the Arab world's only publicly listed stock exchange, acquired 67 per cent of NASDAQ Dubai through a cash and share payment in May. Dubai - MENA Herald: Dubai Financial Market (DFM) and Nasdaq Dubai today announced that the 14th round of the Annual Trading Game for students, the most popular educational competition amongst school and university students in the UAE and beyond, will run between 26 April and 10 May 2016. This new initiative stems from the unique links between DFM and Nasdaq Dubai that created a favorable framework for various market participants, enabling them to actively participate in Dubai’s capital market. Nasdaq Dubai is in discussions with other regional and international financial institutions who wish to take part in trading or clearing on the market. Looking ahead we aim to have the resources available to respond quickly to opportunities arising in order to maximize shareholder value over the coming year. DFM and Nasdaq Dubai, the UAE’s two other exchanges, will conclude a merger accord in one to two weeks, Kazim said at the press conference. The index tracks 20 liquid stocks listed on DFM, the Abu Dhabi Securities Exchange and NASDAQ Dubai. Indian companies about how to raise capital on the Middle East’s international exchange. The value of stocks bought by institutional investors during this month reached AED 2.085 billion comprising 27.7% of the total traded value. It also further strengthens Dubai’s position as an international capital markets hub.”. Income payments are managed by the Issuer through a paying agent (that is, a local bank), which will then make cash payments directly to eligible shareholders (or their designated local custodian) via … For more information on Drake & Scull International PJSC, visit http://www.drakescull.com/PJSC. Nasdaq Dubai is the international financial exchange in the Middle East. The Banking sector ranked second at AED 1.928 billion (25.6%), followed by the Financial & Investment services sector with AED 1.433 billion (19%), Transportation sector with AED 559.9 million (7.4%), the Telecommunication sector with AED 323.7 million (4.3%), the Services sector with AED 261.3 million (3.5%), the Insurance sector with AED 85.7 million (1.1%), whilst other sectors shared the rest of the trading values. Dubai Financial Market Signs Deal to Trade Futures on Nasdaq Dubai Published October 23rd, 2017 - 10:31 GMT Trading of DFM General Index futures is expected to begin later this year. The past few years have been a period marked by tough macro-economic challenges, both globally and within our region, creating many obstacles to our growth plans. The fee will be added to invoices as per the UAE Federal Law No.8 of 2017. It has been designed as a hedging and investment mechanism for GCC and international investors. It aims at providing foreign investment opportunities to the traders. DFM will introduce regulated short-selling of equities in coming period. The stocks are chosen for high liquidity and openness to foreign investment. Arqaam Securities was the most active Member of the exchange by equities traded value in April 2013, followed by EFG-Hermes Brokerage (UAE) and then Deutsche Bank. The Information does not constitute professional advice or provision of any kind of services and should not be relied upon as such. info@nasdaqdubai.com . Nasdaq Dubai is here to offer that in the region, closer to your base. In addition, the DFM acquired Nasdaq Dubai in December 2009. In these roles, he develops and implements the expansion of existing markets and activities at both exchanges and is creating new areas of growth, building on the synergies between DFM and Nasdaq Dubai. The two exchanges will further increase their cooperation in order to make Dubai a leading international centre for trading and clearing a wide range of equity derivatives.”. However, in the midst of these great challenges, DSI held firm. The information does not take into account any investor's individual investment objectives, financial position and particular investment needs. DFM will carry on with its widespread efforts aimed to creating a favorable … The launch of the index futures is a core element of the exchanges’ joint strategy to offer institutional and retail investors attractive new investment opportunities and a wider range of products. About Nasdaq Dubai. Dubai Financial Market (DFM) announced that its UAE listed companies have showed a 95.3% compliance to disclose their annual results 2012 within the deadline of 3 months from the end of the financial year. Dubai Financial Market (DFM) and Nasdaq Dubai have signed a licence agreement under which futures contracts linked with the DFM General Index (DFMGI) will be traded on Nasdaq Dubai’s equity futures market.. NASDAQ Dubai today announced that all trading of its listed equities will take place through the X-Stream trading platform of Dubai Financial Market (DFM), starting on … The consolidation provides investors greater choice of asset classes and easier access to DFM and Nasdaq Dubai listed securities via a single Investor Number (NIN), which means investors can trade seamlessly across the two … Mohammed Abdulla, Chief Executive of Sharjah Islamic Bank, rang the opening bell at Dubai Financial Market (DFM) to celebrate the listing of a Sukuk issued by Sharjah Islamic Bank (SIB) on NASDAQ Dubai, the Middle East’s international financial exchange, in the presence of His Excellency Mohammed Abdulla Al Gergawi, Chairman of The Executive Office of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, and Chairman of the Higher Committee for development of the Islamic Economy sector, Essa Kazim, Managing Director and Chief Executive of Dubai Financial Market (DFM) and Secretary General of the Committee, Ahmad Muhammad Al Shamsi, Vice Chairman of Sharjah Islamic Bank and Abdul Wahed Al Fahim, Chairman of NASDAQ Dubai. 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