42 C
Dubai
Friday, July 26, 2024
spot_img

DFM to hold second roadshow in London on 14 June

[ad_1]

The Dubai Financial Market (DFM) is gearing up for its second international investor roadshow in 2023, which will take place in London on June 14-15 in conjunction with HSBC’s GCC London conference.

The annual roadshow in partnership with HSBC is part of DFM’s strategy to broaden its investor base, attract foreign investment and showcase the strength and potential of Dubai’s capital markets.

Following the success of the International Investor Roadshow in New York earlier this year, the DFM Investor Roadshow in London offers UK investors an exciting opportunity to explore investment opportunities with some of the region’s leading companies.

getting more popular

It reflects the growing popularity of local capital markets among institutional investors and underscores the progress of Dongfeng’s efforts to lure foreign investors into the market. Dubai is increasingly becoming a global destination for individuals and companies to enhance their wealth and business, and enjoys a high level of investor confidence. With more than 70 companies listed on the exchange, DFM is one of the largest markets in the Middle East and an attractive destination for investors looking to diversify their portfolios.

Hamed Ali, Chief Executive Officer of DFM and Nasdaq Dubai, said: “These initiatives reinforce our commitment to provide our listed companies with access to global financial markets, demonstrate the robustness of Dubai’s financial ecosystem and open the door to foreign investment. provide insight into growth opportunities in the region”

He added: “As one of the most dynamic markets in the Middle East, DFM is constantly growing and diversifying, and we are committed to attracting new investors. Our company is diverse, innovative and has a proven track record of success, and the roadshow will be open to a global audience. Providing a unique platform for them to engage with the management team, learn more about their growth strategy and explore potential investment opportunities. We believe the roadshow will be well received by UK investors.”

investment manager

The DFM London Investor Roadshow will bring together international investment managers and senior representatives from Dewa, DFM, DP World, Du, Dubai Islamic Bank, Emaar Properties, Emaar Development, Emirates NBD, Empower, Salik, Taaleem, Tecom Amanat and Aramex.

The second London Investor Roadshow followed the resounding success of the previous New York International Investor Roadshow, featuring 82 one-on-one meetings with senior representatives of 35 international funds with over $1 trillion in assets under management.

Strong results for the first quarter of 2023 reported that foreign investors held 56% of the deal value market share and accounted for 78% of DFM’s new investors, bringing the total number of investors to 1,185,291 from 215 countries. DFM reported a 30% year-on-year increase in net profit to AED35.6 million (US$9.69 million) for the first quarter of 2023. Meanwhile, the DFM Composite Index is one of the best performing indices in the world, including a strong year-to-date gain of 10.54% for the year ended June 7, 2023. — trade arab news agency

[ad_2]

Source link

Related Articles

UAE Secures Victory in Bid to Host COSPAR 2028

UAE has secured a prestigious victory by winning the bid to host the Committee on Space Research (COSPAR) Assembly in 2028. This milestone event, which...

Alert Smart City: An Investment Opportunity to Revolutionize Crisis Communication in the Era of Climate Change

Leadership in Urban Resilience: The Journey of a Smart City in Crisis Communication Since its inception in 2019, Alert Smart City has been at the...

Srikanth Ravinutala and Adaapt AI : A Journey of Digital Transformation

Introduction Adaapt AI, led by Srikanth Ravinutala, is a pioneering AI-driven platform designed for digital transformation heads, enabling seamless adaptation to new technologies. By...

Explore the GCC’s Newest AI Innovation for Transforming Your Social Media Strategy!

Ardalan Zadehsoltan, founder and CEO of Unlock AI, launched the company to address social media management challenges faced by clients. With a background in...

Sreshta Farmer Producer Company Limited: Pioneering Technology-Driven Farming in Andhra Pradesh

Introduction to Sreshta Farms Sreshta Farmer Producer Company Limited (Sreshta Farms) was established in Kollipara, Andhra Pradesh, with the vision of creating a technology-driven agricultural...

Latest Articles