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DUBAI FINANCIAL MARKET [DFM]

The Dubai Financial Market [DFM]

The Dubai Financial Market [DFM] is one of the major Stock Exchange in Middle East and one of the main Stock Exchanges in Asia was established as a public institution having its own independent corporate body by a Resolution from the Ministry of Economy, located in the Trade Centre Building in Dubai, United Arab Emirates. DFM established by a Resolution from the Ministry of Economy No. 14 of 2000 and it began operations on 26 March 2000.  The Dubai Financial Market was regulated by the Emirates Securities and Commodities Authority [ESCA] (Abu Dhabi Stock Market is also controlled by ESCA) DFM started with a mission to create a fair, efficient, liquid and transparent marketplace that provides choices through the best utilization of available resources in order to serve all stakeholders. 

On 27th December 2005 by the Executive Council decision DFM changed to a Public Stock Company with a paid up capital of AED 8 Billion allocated over a paid up capital of 8 Billion shares with a face value of AED 1 per share.  20% of the shares are offered to the public in the form of IPO; this was oversubscribed and generated more than AED 201 billion. DFM mainly trading stocks of public companies, bonds issued by federal Government, local government and public institutions in the country and financial instruments and other investment funds

 

 

 

DUBAI FINANCIAL MARKET TRADING SESSIONS

Dubai Financial Market Trading Sessions

Dubai Financial Market normal trading sessions starts from Sunday to Thursday except weekend holidays of Friday and Saturday and other official holidays declared by the Stock Exchange in advance. Pre opening sessions from09:30 a.m. to 10:00 a.m. normal trading sessions from 10:00 a.m. to 02:00 p.m.


DUBAI FINANCIAL MARKET CONTACT INFORMATION
DUBAI FINANCIAL MARKET HOLIDAYS

Contact Details of Dubai Financial Market

Dubai Financial Market,
World Trade Centre,
Dubai
Tel: +971 4 305 5555  
Fax +971 4 305 5566
Email: helpdesk@dfm.ae

Dubai Financial Market Holidays

Holiday Name  Year 2010 
New Years Day  01-Jan-2010, Friday
The Prophet's Birthday  26-Feb-2010, Friday
Good Friday  02-Apr-2010, Friday
The Prophet's Ascension  09-Jul-2010, Friday
Eid al-Fitr (End of Ramadan)  09-Sep-2010, Thursday (ESO)
Eid al-Fitr (End of Ramadan)  10-Sep-2010, Friday
Eid al-Adha (Feast of Sacrifice)  16-Nov-2010, Tuesday (ESO)
Eid al-Adha (Feast of Sacrifice)  17-Nov-2010, Wednesday
National Day 02-Dec-2010, Thursday 
Islamic New Year 07-Dec-2010, Friday
Christmas 25-Dec-2010, Saturday

 

 

 
 
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