Dubai Financial Market (DFM) said its UAE-listed companies have showed a 100 per cent compliance to disclose their last year’s annual results within the deadline of three 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, said a statement.

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, it said.

DFM also submitted a detailed report to SCA including the disclosure dates and its observations on the disclosures. - TradeArabia News Service