Dubai Financial Market (DFM) has confirmed that foreign investors maintain a strong presence in the market, with a 50% share in trading during the first half of this year, with a net purchase value of AED 1.8 billion since the beginning of this year.
The market unveiled its listing and listed companies with a presence in the HSBC Emerging Markets Global Forum in London with over 400 international institutional investors.
The Dubai Financial Market (DFM) was ranked among the top regional emerging markets by the number of listed companies represented at the HSBC Global Emerging Markets Forum, which concluded last week with eight companies, as well as the number of direct meetings with representatives of international investment institutions.
Emaar Properties, Emaar Malls, Emaar Development, Aramex, Dubai Islamic Bank, Emirates NBD, Damac Properties and Dubai Market Financial.
Senior officials from the participating companies have held 124 meetings with representatives of 47 global investment institutions, which together manage $ 2.6 trillion in investments.
Foreign investors maintain a strong presence in the Dubai Financial Market, with a 50% share in trading during the first half of this year, while they own 18% of market capitalization, with a cumulative annual growth rate of 6% since 2010.
Investment institutions accounted for 52% of the total market capitalization and 84% ownership. Net buyers of foreign investors on the market reached AED 1.8 billion during the year. The total number of registered investors in the market exceeds 844 thousand investors, a third of them foreign, and the market also includes 11 thousand investment institutions.
Mr. Issa Kazim, Chairman of the Dubai Financial Market (DFM), confirmed the success of the event, saying it reflects investor confidence in the economic climate in Dubai and the UAE, as well as the growing ability of the market to foster and sustain growth and attract new institutional investors.
Ability and expertise
For her part, Deputy Chief Executive Officer, Head of Business Development in the market, Fahima Al Bastaki, said that the Dubai Financial Market has outstanding capabilities and a tremendous amount of expertise in terms of supporting its listed companies in their efforts to strengthen their links with the global investment community, whether through its leading conference for global investors , Or other events.
HSBC UAE Chief Executive Officer and Head of International Business, HSBC Middle East Limited, Abdul Fattah Sharaf, said that DFM's participation in the HSBC Emerging Market Investors Forum underlines the importance of the UAE's role as a gateway for international investors to reach a wide range of opportunities in the region.