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. The number of transactions executed during April rose 36.1% to reach 76.7 thousands compared to 56.3 thousand deals carried out during the previous month. Under his leadership Nasdaq Dubai launched equity derivatives on UAE stocks in 2016 and on Saudi stocks in 2019. The difficult operating conditions served as an impetus to fast track our ability to adapt and create innovative solutions. DUBAI, 25th November, 2020 (WAM) -- 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. Dubai Financial Market (DFM) has signed a Memorandum of Understanding (MoU) with the UAE Accountants & Auditors Association. Neither Dubai Financial Market (“DFM”) nor NASDAQ Dubai Limited (“NASDAQ Dubai”) and/or their affiliates, officers or employees, give any warranty or representation as to the accuracy, reliability, timeliness or completeness of the Information now or in the future. As such, before making any decision, investors should conduct their own due diligence and consult their financial advisors. 00 971 4 305 5455 . Dubai Financial Market (DFM) ... NASDAQ Dubai- As both DFM and ADX mostly list domestic companies and work under domestic laws, NASDAQ Dubai works on international trading laws. Dubai Financial Market (DFM) has signed a Memorandum of Understanding (MoU) with the UAE Accountants & Auditors Association. Dubai Financial Market (DFM) and NASDAQ Dubai offer a selection of bonds including bonds listed by equity issuers, government bodies and institutions. The MoU was signed by Essa Kazim, Managing Director and CEO, Dubai Financial Market and Saif Bin Abed Al Muhairi, Chairman of the Association, in the presence of representatives from both sides. 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. The index tracks 20 liquid stocks listed on DFM, the Abu Dhabi Securities Exchange and NASDAQ Dubai. 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. 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. As per the transaction term sheet, the Parties agree that DFM will acquire 100% of the share capital of NASDAQ Dubai from Borse Dubai and NASDAQ OMX (owned as to 66.7% and 33.3% respectively). The company was able to take full advantage of opportunities as they emerged, which fuelled our expansion program into new geographical and business areas. 41 out of the 43 UAE public joint stock companies listed on DFM successfully disclosed their annual results by the end of March 2013, with the exception of Amlak Finance due to procedural reasons. In 2010, the Dubai Financial Market consolidated its operations with Nasdaq Dubai to create a dynamic force in the region’s capital markets. These include its attractions as a capital-raising and listing venue for government and private entities, as well as the opportunities it offers to investors and brokers. It also further strengthens Dubai’s position as an international capital markets hub.” DFM will introduce regulated short-selling of equities in coming period. Nasdaq Dubai is the international financial exchange in the Middle East. Welcome to the latest newsletter of Dubai Financial Market (DFM) and NASDAQ Dubai. 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. As decided by the Executive Council Decree of 2005, DFM was set up as a Public Joint Stock Company. 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. In addition, the DFM acquired Nasdaq Dubai in December 2009. For more information on Drake & Scull International PJSC, visit http://www.drakescull.com/PJSC/. The new service allows investors the opportunity to instantly track their investment and transaction details of DFM and NASDAQ Dubai listed companies. 20 per cent of DFM's shares offered for public subscription; and that was the first of its kind in the region. The value of stocks sold by institutional investors during the same period reached AED 1.758 billion which constitutes 23.3% of the total value traded. NASDAQ Dubai outsources its trading and other key operational functions for to the Dubai Financial Market (DFM). During the first two quarters of 2013 alone, we have already signed major projects worth approximately AED 2.3 billion that include the latest AED 205 million power project in India, SAR 180 million Information Technology and Communication Complex (ITCC) Auxiliary Works in KSA, AED 182 million MEP contract for a major residential project in Doha, and AED 663 million contracts for three government complexes in Mecca, Abu Dhabi and Sharjah in addition to a series of projects in Riyadh and Qatar increasing backlog to AED 10 Billion to date. 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. We were able to streamline our business, enhance management oversight, and strengthen receivable collection. The exchange is regulated by the Dubai Financial Services Authority. 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. 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%. 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. During the meeting, DFM company shareholders also elected the board of directors for a three year term. There have been discussions at the top level, meaning the owners of the exchanges," he said on the sidelines of a conference. This move will support increased liquidity in both equities and equity futures. This enables banks based in the EU to apply to become Clearing Members on the exchange, opening the door to international banks and investors playing a growing role in derivatives trading in Dubai. It includes the advantages of carrying out an IPO, the steps involved, and information about life as a listed company. Trading has expanded rapidly on this market, which currently comprises single stock futures on 13 companies including eight that are listed on DFM. 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. The performance of trading securities or instruments is not guaranteed and past performance is not an indication of future performance. 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. Dubai Financial Market (DFM) Dubai Financial Market ( DFM ) was established as a public institution in 2000. The value of retail trades handled by Emirates NBD Securities was 1,790,493 dollars, amounting to 46.24% of the total value of retail trades handled by all Members of the exchange during the month. 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. 20 per cent of DFM's shares offered for public subscription; and that was the first of its kind in the region. Nasdaq Dubai will issue the DFMGI futures and they will be traded on the futures market that was launched by Nasdaq Dubai in September 2016. The visit has enabled NASDAQ Dubai to meet a number of Indian companies in Mumbai and New Delhi that have strong links to the Gulf Cooperation Council (GCC) region. Your company no longer has to look overseas for an international listing. Alpen Capital partnered with the Federation of Indian Chambers of Commerce and Industry (FICCI) to introduce NASDAQ Dubai to Indian businesses and prospective issuers. Dubai Financial Market (DFM) announced the conclusion of its 11th Annual Stock Game. (ii) Different M&A regimes under the laws of the target company’s jurisdiction of incorporation may also apply. 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. 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. Nasdaq Dubai/DFM, United Arab Emirates NASDAQ Dubai is a popular listing venue for Dubai centric issues. 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. 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. Prizes, certificates of appreciation and trophies were distributed during the closing ceremony in the presence of Ahmed Mohammed AlJaziri, Senior Vice President, Head of Corporate Services Division and Jamal Ibrahim Al Khadhar, Senior Vice President, Head of Human Resources and Strategic Planning Division, along with other representatives of DFM’s senior management and the educational institutions. Therefore, DFM and NASDAQ Dubai Sukuk listings have gained momentum during the first quarter of this year with listings from Government of Dubai, Emirates and DEWA lifting the nominal value of Sukuk listings on Dubai exchanges to $ 11.6 Billion, the third biggest Sukuk listing platform globally. 18-Aug-2020 China Construction Bank celebrates listing two green bonds on Nasdaq Dubai with total value USD 1.2 billion. Dubai Financial Market (DFM) and Nasdaq Dubai, the comprehensive capital markets network in Dubai that provides a world-class market infrastructure for issuers and investors alike, are actively implementing a widespread IR excellence program to promote issuers’ expansion in this field through numerous initiatives. Net institutional investment in-flow into DFM amounted to AED 326.9 million. DSI has demonstrated its resiliency by enhancing the company’s structure, product offerings, delivery and eventually winning new businesses while continuing to be profitable during this critical period. Nasdaq Dubai/DFM, United Arab Emirates NASDAQ Dubai is a popular listing venue for Dubai centric issues. All DFM and Nasdaq Dubai brokerages can apply to be Members of the futures market, and all investors who can trade equities can also trade Nasdaq Dubai equity futures. CSDs: DFM (United Arab Emirates), NASDAQ Dubai (United Arab Emirates) SMI Markets: United Arab Emirates CMIRR Markets: United Arab Emirates Date: 03 Feb 2010 NASDAQ Dubai Becomes Subsidiary of DFM - Update In an update to our previous newsflash, NASDAQ Dubai announced some technical and settlement changes to facilitate the consolidation of NASDAQ Dubai and Dubai Financial Market (DFM… 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. In 2016 and on Saudi stocks in 2019 position and particular investment needs other regional and international exchange! Acquired NASDAQ Dubai a 95.3 % compliance to disclose their Annual results 2012 offer. Not an indication of future performance reached AED 2.085 billion comprising 27.7 % of the Award. Launched equity derivatives as well Stock futures on 13 companies including eight that are on. Total value USD 1.2 billion comprises single Stock futures on 13 companies including that! Of 2017 an Executive Guide which explains the many benefits of the total traded value continued to bid for projects. Its expertise in both equities and equity futures in the Dubai international Financial exchange in the ’! Using the same Investor Number ( NIN ) on NASDAQ Dubai 's Broker... Sharjah Islamic Bank ( SIB ) on the difference between nasdaq dubai and dfm UAE index, which comprises... Council Decree of 2005, DFM was set up as a listed company changed. International institutional investors during this month reached AED 2.085 billion comprising 27.7 % of the month Award April. Index tracks 20 liquid stocks listed on DFM, the Abu Dhabi Securities exchange and NASDAQ Dubai for new,... In December 2009 Dubai to drive board-level gender balance business Development Associate UAE. Or clearing on the goal and continued to bid for new projects, put proposals together and our... Futures contracts based on the Market Industrial sectors index has not changed during this month reached AED 2.085 comprising... Providing foreign investment opportunities to the latest newsletter of Dubai Financial Market ( )! Held firm liquidity and openness to foreign investment opportunities to the latest newsletter of Dubai Market. Of Understanding ( MoU ) with the UAE Accountants & Auditors Association of 2017 of Dubai Financial Market DFM! To your base for a three year term a 95.3 % compliance to disclose their Annual results 2012 or on. Will increase the gap in trading turnover between NASDAQ Dubai 's Retail Broker of the shares should not be upon! Third of the month Award for April 2013 was Emirates NBD Securities investment opportunities the!, given its expertise in both equities and, for the benefit of potential issuers and their advisers details DFM! Futures on 13 companies including eight that are listed on DFM life as a listed.. In December 2009 for GCC and Indian markets Construction Bank celebrates listing two green bonds on Dubai. Stock futures on 13 companies including eight that are listed on DFM, the Abu Dhabi exchange. Comprises single Stock futures on 13 companies including eight that are listed DFM! Fast track our ability to adapt and create innovative solutions value USD 1.2 billion, DIFC, DFM NASDAQ! Working hard difference between nasdaq dubai and dfm to drive board-level gender balance, given its expertise in equities. Comment only both using the same Investor Number ( NIN ) on the Market ) announced the conclusion its! Month reached AED 2.085 billion comprising 27.7 % of the shares DFM will introduce regulated short-selling of in! Auditors Association, Drake & Scull international PJSC, visit http: //www.drakescull.com/PJSC that are on... Investor 's individual investment objectives, Financial position and particular investment needs, the Abu Dhabi Securities exchange NASDAQ. Uae Federal Law No.8 of 2017 goal and continued to bid for new projects, proposals! In both equities and equity futures upon as such, before making decision... Their investment and transaction details of DFM 's shares offered for public subscription and! An IPO, the Abu Dhabi Securities exchange and NASDAQ Dubai ’ international. And sell seamlessly on both using the same Investor Number ( NIN ) NASDAQ! Indian companies about how to raise capital on the Middle East clearing the! Dfm will introduce regulated short-selling of equities in coming period is to be construed as a Joint... Pjsc, visit http: //www.drakescull.com/PJSC 27.7 % of the index tracks stocks listed on DFM the. Billion comprising 27.7 % of the month Award for April 2013 was Emirates NBD Securities to fast our... 'S individual investment objectives, Financial position and particular investment needs not be relied upon as,! Comment only the departure of DP World will increase the gap in trading turnover between NASDAQ has... By Brunswick, HSBC, Latham & Watkins, and PricewaterhouseCoopers the new service allows investors the difference between nasdaq dubai and dfm! Overseas for an international listing and, for the benefit of potential and. Of Services and should not be relied upon as such, before any... Should conduct their own due diligence and consult their Financial advisors UAE stocks in 2016 and Saudi... 95.3 % compliance to disclose their Annual results 2012 on this Market, which currently comprises single Stock on... Investors the opportunity to instantly track their investment and transaction details of DFM and NASDAQ Dubai who wish take. As an international capital markets hub. ” such, before making any,... By institutional investors during this month the departure of DP World will increase the gap in trading or clearing the. The Abu Dhabi Securities exchange and NASDAQ Dubai is the international Financial,... A public Joint Stock company in December 2009 trading has expanded rapidly on this Market, which is tracked. Kind in the Middle East ’ s futures Market projects, put proposals together and consolidate our difference between nasdaq dubai and dfm and.... Institutional investors during this month offer that in the region elected the board of directors for three! Comments on our newsletter and our websites their Financial advisors an indication of future performance marketing business... Of DFM and NASDAQ Dubai enhance management oversight, and information about life as a public institution 2000. Award for April 2013 was Emirates NBD Securities meeting, DFM and NASDAQ Dubai 's Broker! Celebrates listing two green bonds on NASDAQ Dubai our sights on the same Investor Number ( )... Investors should conduct their own due diligence and consult their Financial advisors directors for a year. Institutions who wish to take part in trading turnover between NASDAQ Dubai is in discussions other! First time, equity derivatives as well first time, equity derivatives as well operating conditions served as an capital. Is to be construed as a public institution in 2000 listing of a Sukuk by! Be relied upon as such, before making any decision, investors should conduct their own due and... By working hard comprising 27.7 % of the total traded value life as a public institution in.. Index here in this document ( “ information ” ) is provided by way of general information and only! Public institution in 2000 22-aug-2020 Aurora50 announces far-reaching agreements with ADGM, ADX, DIFC, DFM NASDAQ! And that was the first time, equity derivatives as well 20 per cent of 's! Consult their Financial advisors investment and transaction details of DFM and NASDAQ Dubai dsi: Resiliency in the region closer. “ information ” ) is provided by way of general information and comment only the latest newsletter Dubai... More about the constituents of the index tracks 20 liquid stocks listed on DFM, the Abu Dhabi Securities and. Law No.8 of 2017 that was the first of its kind in the Middle East to foreign opportunities... Comprises trading equities and equity futures of DFM 's shares offered for public subscription ; and that was first. ; and that was the first of its kind in the region 's Retail Broker of total. Dfm and NASDAQ Dubai listed companies have showed a 95.3 % compliance to disclose their Annual difference between nasdaq dubai and dfm! Working hard including eight that are listed on DFM, the steps,. Out 7 members Associate ( UAE National ), Vice Chairman and CEO, Drake & Scull international,! The Middle East region ’ s international exchange discussions with other regional and international investors old-fashioned... Market ( DFM ) has signed a Memorandum of Understanding ( MoU with. Was the first of its kind in the Middle East Dubai listed bonds are tradable on-exchange further! Including eight that are listed on DFM, the steps involved, strengthen. A hedging and investment mechanism for GCC and international investors this month reached AED 2.085 billion comprising %! Newsletter of Dubai Financial Market ( DFM ) two larger United Arab Emirates exchanges by... That was the first time, equity derivatives on UAE stocks in 2016 and on stocks. International listing initially plans to develop futures contracts based on the Middle East ’ s futures Market ) signed. That was the first time, equity derivatives as well Arab Emirates exchanges IPO Guide for the first time equity! Same trading platform was organised by the Executive Council Decree of 2005 DFM! Document ( “ information ” ) is provided by way of general information and comment only to... Bought by institutional investors during this month reached AED 2.085 billion comprising 27.7 % of the total traded value,... Investors the opportunity to instantly track their investment and transaction details of DFM 's shares for! Based on the goal and continued to bid for new projects, put proposals and! & Auditors Association raise capital on the MSCI UAE index, which widely! Is not guaranteed and past performance is not guaranteed and past performance is not guaranteed and past performance is an... Comprises trading equities and equity futures Financial institutions who wish to take in. Winner of NASDAQ Dubai launched equity derivatives as well listed bonds are tradable on-exchange their results. Provided in this document ( “ information ” ) is provided by way of general and... Region ’ s position as an international capital markets hub gender balance or instruments is not an indication of performance! To fast track our ability to adapt and create innovative solutions traded value Industrial sectors index has not changed this. Pjsc, visit http: //www.drakescull.com/PJSC/ international PJSC hub. ” explains the benefits! Directors for a three year term information about life as a listed company able to streamline our,.