Dubai Financial Market achieves 100% Compliance in UAE Firms’ Annual Results Disclosure

Dubai Financial Market (DFM ) announced today that its UAE listed companies have showed a 100% compliance to disclose their annual results 2014 within the deadline of 3 months from the end of the financial year. All of the 47 UAE public joint stock companies listed on DFM have successfully disclosed their annual results by the end of March 2015.

Meanwhile, DFM has suspended trading on two dually listed companies, namely Al Madina for Finance and Investment and International Financial Advisors, as both have missed the deadline to provide the exchange with full and audited financial statements as per the UAE Securities and Commodities Authority (SCA) and DFM requirements. DFM also submitted a detailed report to (SCA) including the disclosure dates and its observations on the disclosures.