The Dubai Financial Market (DFM) Company (PJSC) today announced that its Board of Directors has approved during its meeting today, Monday 27th July 2020 the appointment of Mr. Hassan Al Serkal as the DFM’s new Chief Executive Officer (CEO) with immediate effect.
The Company recorded a total revenue of AED 181.1 Million in H1-2020 compared to AED 163.5 Million during H1- 2019. The revenue comprised of AED 115.3 Million of operating income and AED 65.8 Million of investment returns.
Emirates NBD (DFM: EmiratesNBD), a leading banking group in the region, delivered a net profit of AED 4.1 billion for the first half of 2020. Net interest income increased 36% y-o-y and non-funded income grew 24% y-o-y with the acquisition of DenizBank in 2019.
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced its financial results for the half year ending 30 June, 2020. The Bank reported a net profit of AED 12 million for the first half of 2020.
DFM announced that it is reopening its Trading Floor and Customer Affairs counters for investors as of Tuesday, 7th July 2020, with the strict implementation of precautionary measures for the safety of clients and employees.
Dubai Financial Market, DFM, today announced that the Rights Issue of Gulfa Mineral Water & Processing Industries Company is due to be tradable on the exchange between 21 June and 2 July 2020.