The launch of the "The Market" investor conference, May 18, with the participation of 10 companies

46% of the foreign investors ’share of the trading value of" Dubai Financial "during the first quarter

The Dubai Financial Market confirmed that foreign investors have a remarkable presence in the market, as their share of the total trading value during the first quarter of this year reached 46%, while their ownership of the total market value increased by 2.6% during the same period to 18.3% compared to 17.8% By the end of the first quarter of 2020.

This came during the market’s announcement today that it will organize its annual conference for global investors 2021 through visual communication techniques, on May 18-19 in cooperation with Goldman Sachs. The conference brings together senior officials of the leading companies issuing stocks, sukuk and bonds in Dubai’s financial markets with a crowd of Major global investment institutions in the United States, Britain, Europe and Asia.

The market said in a statement that the conference provides an opportunity for companies to review their business developments and success stories and highlight the remarkable capabilities they have shown to maintain the growth of their activities supported by the superior performance of Dubai and the UAE in facing the current global challenges.

10 companies and institutions issuing shares and fixed income instruments in the Dubai Financial Market and Nasdaq Dubai will participate in the conference, which are: “Emaar Properties,” Dubai Islamic Bank, Emirates NBD, “Emaar Malls”, “Amanat” and “Emaar Development”. Dubai Financial Market Company, Commercial Bank of Dubai, DP World and Air Arabia.

The Chairman of the Dubai Financial Market, Issa Kazim, said: “Dubai and the UAE have provided a model to be emulated in terms of speed of action to contain the repercussions of an unprecedented situation in the world, thanks to the leadership vision and positive dealing with challenges by transforming them into opportunities, which made them at the forefront of the most flexible and capable economies Understanding the variables and maintaining good growth rates ».

He added: “In our estimation, this performance is likely to gain more momentum in the next stage in light of the successes achieved by the economy and by benefiting from successive stimulus plans, which prompted the International Monetary Fund to raise its estimates, according to the latest issue in April of this year, for the growth of output The gross domestic product of the UAE in the year 2021 from 1.3% in previous estimates to 3.1%.

Kazim pointed out that "the Dubai financial markets, with their advanced organizational and basic structure and various asset classes, provide attractive and attractive investment opportunities for investors from different parts of the world."

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