– Al Mal Capital PSC, a company regulated by the Securities and Commodities Authorities as a financial services company and a subsidiary of Dubai Investments PJSC, has announced a dividend payout of 2.5% of the share capital for the financial year ended 3
Al Mal Capital REIT (AMCREIT), the first REIT listed on DFM, has announced the final dividend for the financial year ended December 31, 2022 amounting to AED9.627 million ($2.62 million) to the unitholders of the REIT.
DFM inaugurates REITs trading with listing of Al Mal Capital REIT
DUBAI, 18th January, 2021 (WAM) Dubai Financial Market (DFM) today hosted a bell ringing ceremony to celebrate the commencement of Real Estate Investment Trusts (REITs) trading with the listing of Al Mal Capital’s REIT.
The introduction of REITs is a key milestone in DFM’s journey to diversify product offering and asset classes, broadening the scope of opportunities offered to its vast investor base of local and international investors.
Khalid bin Kalban, Vice Chairman and CEO of Dubai Investments and Chairman of Al Mal Capital, rang the market opening bell in the presence of Essa Kazim, Chairman of DFM, Hassan Al Serkal, CEO of DFM, Naser Al Nabulsi, Vice Chairman and CEO of Al Mal Capital and Hamed Ali, CEO of Nasdaq Dubai and Deputy CEO of DFM.