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Source: Thomson Reuters.   Last updated on May 24, 2017 at 07:49AM (UTC).   Delayed by at least 15 minutes.
Dubai Financial Market Achieves 100% Compliance in Q1, 2017 Results Disclosure of UAE Companies
May 16, 2017
Dubai Financial Market (DFM) today announced that its UAE listed companies have showed a 100% compliance to disclose their Q1- 2017 results within the deadline of 45 days from the end of the quarter. Forty-seven UAE public joint stock companies listed on DFM successfully disclosed their quarterly results, with the exception of Al Firdous as its financial year-ends on 31 March.
 
Meanwhile, DFM suspended trading on two dually-listed companies, which missed the deadline to provide the exchange with full and reviewed financial statements as per the UAE Securities and commodities Authority (SCA) and DFM requirements, namely; Al Madina for Finance and Investment and Agility the Public Warehousing Company (K.S.C.).

DFM also submitted a detailed report to (SCA) including the company’s disclosure dates and its observations on the disclosures.

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