| Type | Stock exchange |
|---|---|
| Location | Dubai,United Arab Emirates |
| Founded | 26 March 2000; 25 years ago (2000-03-26) |
| Key people | H.E. Helal Saeed Al Marri (Chairperson) |
| Currency | UAE dirham |
| No. of listings | 178[1] |
| Market cap | US$244.16billion(Mar 2025)[2] |
| Website | dfm.ae |
TheDubai Financial Market (DFM) (Arabic:سوق دبي المالي) is astock exchange located inDubai,United Arab Emirates. It was founded on 26 March 2000.
At the end of March 2025, the market capitalization of the Dubai stock exchange listed companies reached 897 billionAED (244 billion US$).[3][non-primary source needed]
As of 2025[update], there are 69 companies listed on DFM.
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 otherPersian Gulf stock markets.
DFM is one of three stock exchanges in the UAE.Abu Dhabi Securities Exchange (ADX) also lists mostly UAE companies andNASDAQ Dubai was set up to trade international stocks.
DFM and ADX are both governed and regulated by theSecurities and Commodities Authority (SCA). SCA has the authority to impose laws and standards in which DFM and ADX have to comply with. SCA's role is to ensure that the laws are followed by the exchanges as well as to protect investors’, brokers’ and listed companies’ rights.
On the other hand,NASDAQ Dubai is governed to international standards by an independent regulator called theDubai Financial Services Authority (DFSA), which is equivalent to the Securities and Exchange Commission in theUnited States. Unlike DFM and ADX, NASDAQ Dubai, located in Dubai International Financial Centre (DIFC), is an electronic exchange with no trading floor.
DFM was fully owned by theGovernment of Dubai until November 2006 when it turned into a publicjoint-stock company through an IPO, which led to sell 20% of its shares to the public and 80% were subscribed by Borse Dubai, which is owned by Dubai government. DFM'sIPO has been oversubscribed by 118 times.
Like the revenue, DFM's net profit dropped sharply from the period ended 2007 till 2011. In 2007, DFM profits reached AED 1,439.6 million including none operational profits coming from IPO of AED 468 million. In 2008, profits were AED 605 million. The next year, in 2009, the profit dropped even further and reached 346.62. In 2010, another drop took place and profits reached AED 79 million. In 2011, DFM recorded a loss of AED 6.45 million. From the trend, one can imply that the situation is not improving, but is deteriorating year after year. DFM BOD members, executives, and managers are working hard to get out DFM from this unforeseen dilemma. Due to the consistent efforts of the DFM BOD members and management team, DFM was able to turn over the situation in 2013 and gain a +608.5% growth in net profits, to become AED 285 million from the AED 35 million in the previous year. and the following year the market have occurred profits of AED 759 million with a growth rate of 166.3%. The next three years the market saw a sharp decline in profit to hit AED 233.5 million in 2017.
| Company title | Symbol |
|---|---|
| Ajman Bank | AJMANBANK |
| Al Salam Bank – Bahrain (B.S.C.) | SALAM_BAH |
| Al Salam Sudan Bank | ALSALAMSUDAN |
| Amlak Finance | AMLAK |
| Commercial Bank of Dubai | CBD |
| Dubai Islamic Bank | DIB |
| Emirates Islamic Bank | EIB |
| Emirates Investment Bank | EIBANK |
| Emirates NBD | EMIRATESNBD |
| Gulf Finance House | GFH |
| Mashreqbank | MASQ |
Emirates Bank International (EBI) and National Bank of Dubai (NBD) had been merged 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.[4]
Both AMLAK and TAMWEEL were suspended from trading since the November 23, 2008 as they announced a merger action.[5]
| Company title | Symbol |
|---|---|
| Al Ansari Financial Services | ALANSARI |
| Al Madina for Finance and Investment Company | ALMADINA |
| Al Salam Group Holding | ALSALAMKW |
| Dubai Financial Market | DFM |
| Dubai Investments | DIC |
| Ekttitab Holding Company | EKTTITAB |
| Gulf General Investments Company | GGICO |
| International Financial Advisors | IFA |
| SHUAA Capital | SHUAA |
| Company title | Symbol |
|---|---|
| Alliance Insurance | ALLIANCE |
| Al Sagr National Insurance Company | ASNIC |
| Arab Insurance Group | ARIG |
| Arabian Scandinavian Insurance | ASCANA |
| Dubai Insurance Company | DIN |
| Dubai Islamic Insurance and Reinsurance Company | AMAN |
| Dubai National Insurance and Reinsurance | DNIR |
| Islamic Arab Insurance Company | SALAMA |
| National General Insurance Company | NGI |
| Oman Insurance Company | OIC |
| ORIENT Insurance | ORIENT |
| Takaful Emarat | TAKAFUL-EM |
| Takaful House | DARTAKAFUL |
As of July 27, 2009, the trading symbol for the Islamic Arab Insurance company (IAIC) will be changed intoSALAMA.[6]
| Company title | Symbol |
|---|---|
| Al Mazaya Holding Company | MAZAYA |
| Arabtec Holding | ARTC |
| Deyaar Development | DEYAAR |
| Drake & Scull International | DSI |
| Dubai Development Company | DDC |
| Emaar Malls Group | EMAARMALLS |
| Emaar Properties | EMAAR |
| FIDU PROPERTIES | FIDU |
| Union Properties | UPP |
| Company title | Symbol |
|---|---|
| Agility Logistics | AGLTY |
| Air Arabia | AIRARABIA |
| Aramex | ARMX |
| Gulf Navigation Holding | GULFNAV |
| Company title | Symbol |
|---|---|
| National Cement Company | NCC |
| National Industries Group Holding | NIND |
| SALIK COMPANY PJSC | SALIK |
| Company title | Symbol |
|---|---|
| Dubai Refreshments Company | DRC |
| Emirates Refreshments Company | ERC |
| Gulfa Mineral Water and Processing Industries | GULFA |
| Marka | MARKA |
| United Foods Company | UFC |
| United Kaipara Dairies Company | UNIKAI |
| Company title | Symbol |
|---|---|
| Emirates Integrated Telecommunications Company | DU |
| Hits Telecom Holding | HITSTELEC |
| Company title | Symbol |
|---|---|
| Burojozon Realestate brokerage LLc | Burojozon |
| smart investment properties Company |
Also, those securities listed onNASDAQ Dubai are included on the exchange.[7]
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