Nov 20 2011 |
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Dubai Financial Market unveils its revamped corporate identity ahead of a new era of sustainable growth
The Board of Directors reiterates its commitment to enhance the exchange's capabilities and competiveness
Dubai, November 20th 2011: The Dubai Financial Market ( DFM ) today launched its new corporate identity to reflect the strategic direction and growth of DFM going forward and prepare DFM for a new era of sustainable growth. As one of the fastest growing exchanges in the MENA region over the last decade, the evolutionary corporate identity has been inspired by DFM 's drive to maintain its leading position and proactively respond to the mounting challenges in business.
It is noteworthy that the DFM 's Board of Directors endorsed the new vision and mission of the exchange in September 2011. This development reflects the Board of Directors' ongoing effort to lead the strategic growth of DFM and reinforce its numerous competitive advantages and capabilities.
DFM 's new corporate Vision is to be 'The World Class Regional Marketplace', with the Mission to 'offer stakeholders innovative services in conducting trading, clearing, settlement and depository of securities, in an efficient, transparent and liquid environment'. The new Vision and Mission are summarized by five key values which govern the exchange's behavior internally and externally including: Transparency, Efficiency, Confidentiality, Innovation and Integrity.
Essa Kazim, Managing Director and CEO, Dubai Financial Market said: "I would like to take this opportunity to extend our sincere thanks to the Board of Directors for supporting our efforts and its commitment to create a favorable environment that places DFM on the right track for sustainable growth. Our corporate identity is inspired by the outstanding success over the last decade and the commitment to building upon our achievements to materialize the Government of Dubai's vision to transform the emirate into the leading financial hub across the MENA region. Based on this vision, the new corporate identity is driven by unrestricted ambition and commitment to international excellence. Our slogan "Connecting Liquidity" encapsulates the essence of our personality as a world-class regional marketplace. It underpins our fundamental approach to providing a vibrant exchange characterized by liquidity, innovation and strategic partnerships".
-Ends-
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 2011
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