96 Percent Compliance In UAE Companies’ Preliminary Annual Disclosures: DFM #Dubai - Dubai City Guide
Guest Posts, Link Building, SEO, Pay-Per-Click campaigns
Advanced Search
Download our Media Kit

Restaurants

Education


 





Home / News / Latest 24 Hrs News
Latest 24 Hrs News
   

96 Percent Compliance In UAE Companies’ Preliminary Annual Disclosures: DFM
(16 February 2020)

 

Dubai Financial Market, DFM, today announced that its UAE listed companies have showed a 96 percent compliance rate to disclose their preliminary results for the financial year 2019.

Listed companies must disclose their preliminary results within a 45-day period from the end of the year, in line with the Securities and Commodities Authority, SCA, regulations.

As many as 47 UAE companies listed on the DFM have disclosed their preliminary results. Out of the 16 non-UAE companies dually listed on exchange, 14 companies have disclosed their results within the deadline.

The DFM has praised the commitment of the vast majority of its listed companies to comply with the SCA regulations and urged them to constantly ensure that they fully adhere to the deadlines in order to maintain the high level of compliance DFM listed companies regularly achieve.

It employs advanced mechanisms enabling listed companies to swiftly disseminate their results and any other disclosures through Efsah, the electronic disclosure system.

The DFM has submitted a detailed report to SCA including the dates of the disclosure and its observations to take the necessary action in regards to companies that missed the deadline.

We accept Guest Posts


DubaiCityGuide.com is owned and managed by Cyber Gear



  All fields are mandatory
Your Name
Email
City
Country
Your Comments
 Max 250 characters - Word Count :
Image Verification
Change Image

     
 
email print
1444
 

Sponsored By : PressReleaseNetwork.com           Sponsored Opportunities

       
       
   
       

Daily Guide

 



Hotels hotels Check out Hotels in Dubai
Shopping shopping A complete Mall & Store Guide
Dining dining Eating out at the coolest spots
Sightseeing sightseeing Things to see & do
DCG Recommends dcg recommends Best of the best in Entertainment
News Alerts
News Alerts
Stay ahead with dubai news
dcg mobile
dcg Mobile
With you wherever you go
rss feed
RSS Feeds
Get the latest
dubai blog
Dubai Blog
Your space, your voice
sitemap
Sitemap
DCG at a glance