- Dubai Financial Market
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Dubai Financial Market 
Type Privately held Industry Financial Market Founded 2000 Headquarters Dubai, United Arab Emirates Employees 4718 Website http://www.dfm.ae The Dubai Financial Market (Arabic: سوق دبي المالي) is a stock exchange located in Dubai, United Arab Emirates. It was founded on March 26, 2000.
There are about 57 companies listed (as of August 2007) on DFM, most of them are UAE-based companies and a few dual listings for companies based in other MENA region countries. Many companies allow foreigners to own their shares. Total market cap is around $360bn, which is roughly equal to the market cap of Abu Dhabi Securities Market ($380bn) (as of August 2007). In comparison, the market cap for ExxonMobil (as of Oct. 2008) is $360bn.
During 2004 and 2005, there were significant increases in the volume of shares traded and the share prices of many companies. However, towards the end of 2005 and through the first few months of 2006 the bubble burst and share values dropped by around 60% on DFM, along with similar decreases in most other Persian Gulf stock markets.
DFM is one of three stock exchanges in the UAE. Abu Dhabi Securities Exchange (ADX) also lists mostly UAE companies and the recently opened Dubai International Financial Exchange (DIFX) was set up to trade international stocks. DFM is majority owned by Borse Dubai, with 20% of the DFM's shares listed on the DFM platform.
Contents
Listed companies
Banks
Company title Symbol Ajman Bank AJMANBANK Al Salam Bank – Bahrain (B.S.C.) SALAM_BAH Al Salam Sudan Bank ALSALAMSUDAN Amlak finance AMLAK Arab Emirates Investment Bank AEIBANK Commercial bank of Dubai CBD Dubai Islamic Bank DIB Emirates NBD EMIRATESNBD Emirates Islamic Bank EIB Gulf Finance House GFH Mashreqbank MASQ Tamweel TAMWEEL Please note that Emirates Bank International (EBI) and National Bank of Dubai (NBD) had been merged together to form a holding company to run both entities named Emirates National Bank of Dubai (ENBD), this merger resulted in cancelling both shares and issuing a new one listed on the October 16, 2007.[1]
Both AMLAK and TAMWEEL were suspended from trading since the November 23, 2008 as they announced a merger action.[2]
Investment and Financial services
Company title Symbol Alfirdous Holding PJSC ALFIRDOUS Almadina for Finance and Investment ALMADINA Bayan Investment Company BAYAN Dubai Financial Market DFM Dubai Investments Company DIC Ekttitab Holding Company K.S.C.C EKTTITAB Global Investment House GLOBAL Gulf General Investment Company GGICO Gulf Petroleum Investment GPI International Financial Advisors IFA International Investment Group IIG SHUAA Capital SHUAA Insurance
Company title Symbol Alliance Insurance Company ALLIANCE Arab Orient Insurance Company AOIC Al Sagr National Insurance Company ASNIC Arab Insurance Group ARIG Arabian Scandinavian Insurance Company ASCANA Dubai Insurance Company DIN Dubai Islamic Insurance and Reinsurance AMAN Dubai National Insurance and Reinsurance DNIR Islamic Arab Insurance Company SALAMA National General Insurance NGI Oman Insurance Company OIC Takaful Emarat TAKAFUL-EM Takaful House DARTAKAFUL Please note that as of July 27, 2009, the trading symbol for the Islamic Arab Insurance company (IAIC) will be changed into SALAMA.[3]
Real estate and Construction
Company title Symbol Al Mazaya Holding Company MAZAYA Arab Heavy Industries AHI Arabtec Holding ARTC Deyaar Development DEYAAR Dubai Development Company DDC Emaar Properties EMAAR Grand Real Estate Projects Company GRAND Kuwait Commercial Markets Complex SHOP National Real Estate Company NRE Union Properties UPP Transportation
Company title Symbol Agility WARE Air Arabia AIRARABIA Arab International Logistics Company (Aramex) ARMX Gulf Navigation Holding GULFNAV Building Materials
Company title Symbol Aerated Concrete Industries Company ACICO Al Jazeera Steel Products ATMI National Cement Company NCC National Industries Group Holding NIND Consumer Staples
Company title Symbol Dubai Refreshments Company DRC Gulf Mineral Water and Processing Industries GULFA Jeema Mineral Water Company JEEMA United Foods Company UFC United Kaipara Dairies UNIKAI Telecommunication
Company title Symbol Emirates Integrated Telecommunications company (DU) DU Utilities
Company title Symbol National Central Cooling Company (TABREED) TABREED External links
- DFM – official website
- [1] List of DFM stocks
- Dubai Share Talk – discussion forum for investors in the UAE
- ESCA – Emirates Securities and Commodities Authority (market regulator)
- Share Wadi – information about UAE stocks
References
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