Dubai, August 17th 2015: Dubai Financial Market (DFM) today announced that its listed local public joint stock companies have recorded a 100% compliance regarding the disclosure of Q2-2015 results within the deadline of 45 days from the end of the period.

The total number of UAE public joint stock companies listed on DFM, which disclosed their second quarter results, reached 46 companies. The Exchange submitted a detailed report to the UAE Securities and Commodities Authority (SCA) including the disclosure dates and its remarks on the disclosures according to SCA requirements.

DFM has suspended trading of two dually listed companies namely; Al Madina for Finance & Investment and International Financial Advisors, which missed the deadline to provide the exchange with full financial statements as per the UAE Securities and commodities Authority (SCA) and DFM requirements.

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About Dubai Financial Market:
Dubai Financial Market (DFM) was established as a public institution with its own independent corporate body. DFM operates as a secondary market for the trading of securities issued by public shareholding companies, bonds issued by the Federal Government or any of the local Governments and public institutions in the country, units of investment funds and any other financial instruments, local or foreign, which are accepted by the market. The DFM commenced operations on March 26, 2000. Following its initial public offering in November 2006, when DFM offered 1.6 billion shares, representing 20 per cent of its paid-up capital of AED 8 billion, DFM became a public joint stock company. Following the IPO, the Government of Dubai retained the remaining 80 per cent of DFM Company through Borse Dubai Limited. www.dfm.ae

For further information, please contact:
Atef Fathy
Vice President - Media & Public Relations
Dubai Financial Market
Tel: 04-3055334
Email: afathy@dfm.ae

© Press Release 2015