Dubai Financial Market Achieves 100% Compliance In UAE Companies’ Disclosure Of The Quarterly Results

Dubai Financial Market (DFM) announced today that its UAE listed companies have showed a 100% compliance to disclose their quarterly results within the deadline of 45 days from the end of the period. All the 46 UAE public joint stock companies listed on DFM successfully disclosed their Q3-2015 results.

Meanwhile, DFM suspended trading of two dually listed companies namely; Al Madina for Finance & Investment and International Financial Advisors, which missed the deadline to disclose the financial statements as per the UAE Securities and commodities Authority (SCA) and DFM requirements. The DFM also submitted a detailed report to (SCA) including the disclosure dates and its observations on the disclosures.