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Encyclopedia > Dubai Financial Market

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. Image File history File links DFM.gif‎ Licensing This is a logo of an organization, item, or event, and is protected by copyright and/or trademark. ... Arabic ( or just ) is the largest living member of the Semitic language family in terms of speakers. ... Coordinates: , Emirate Dubai Government  - Sheikh Mohammed bin Rashid Al Maktoum Area [1]  - Metro 4,114 km² (1,588. ... March 26 is the 85th day of the year (86th in leap years) in the Gregorian calendar. ... 2000 (MM) was a leap year starting on Saturday of the Gregorian calendar. ...


There are about 40 companies listed (as of June 2006) on DFM, most of them local UAE companies and a few from other Gulf countries with dual listings. Some of the companies allow foreigners to own their shares.


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 has burst and share values dropped by around 60% on DFM, along with similar decreases in most other Gulf stockmarkets.


DFM is one of three stock exchanges in the UAE. Abu Dhabi Securities Market (ADSM) also lists mostly UAE companies and the recently opened Dubai International Financial Exchange (DIFX) was set up to trade international stocks. Abu Dhabi Securities Market (ADSM) (Arabic: سوق أبوظبي للأوراق ألمالية) is a stock exchange in Abu Dhabi, United Arab Emirates (UAE). ... The Dubai International Financial Exchange (DIFX) is a stock exchange opened on September 26, 2005 in Dubai, United Arab Emirates. ...


See also

In August 2007, Dubai Financial Market was combined by the government with Dubai International Financial Exchange to form Borse Dubai. See the Khaleej Times Online article (http://www.khaleejtimes.com/DisplayArticle.asp?xfile=/data/business/2007/August/business_August126.xml&section=business) for details. Abu Dhabi Securities Market (ADSM) (Arabic: سوق أبوظبي للأوراق ألمالية) is a stock exchange in Abu Dhabi, United Arab Emirates (UAE). ... The Dubai International Financial Exchange (DIFX) is a stock exchange opened on September 26, 2005 in Dubai, United Arab Emirates. ...


External links

  • DFM - official website
  • Dubai Share Talk - discussion forum for investors in the UAE
  • ESCA - Emirates Securities and Commodities Authority (market regulator)
  • Share Wadi - information about UAE stocks


 

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