Finance & Capital Market

DFM announces 97pc disclosure compliance in Q3

Dubai Financial Market today (November 16) announced that its listed companies have recorded a 97% compliance regarding the disclosure of the third quarter results within the deadline of 45 days from the end of the period.
According to DFM, 61 out of 63 UAE public joint stock companies as well as the dually-listed companies on the bourse disclosed their third quarter results. 
The two firms which failed to do so are Marka, a leading retail operator and Dubai contractor Arabtec Holding.
The exchange submitted a detailed report to the UAE Securities and Commodities Authority including the disclosure dates and its remarks on the disclosures according to SCA requirements.-TradeArabia News Service