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Dubai Financial Market (DFM)Dubai Financial Market (DFM)

DFMDFM

Students can take part in the game, and trade stocks and shares through the DFMDFM's website (www.dfm.ae) during official trading hours. Every participant will have the opportunity to trade with a "virtual" sum of up to AED 1 million. Players can then track their investments through the website and newspapers.

Mubaraq Al Doosari, General Coordinator, DFM Stock Game, said: "We are happy to bring back for 2008 DFMDFM's 'Online Stock Game.' This game has helped thousands of students in the UAE over the past six years learn about trading stocks and making investments in financial markets. The game is an invaluable educational tool that gives students the unique opportunity to immerse themselves in the complexities of share trading, and to prepare them for a possible career in the world of business."

DFMDFM has begun on a series of training sessions aimed at educating students about how to participate in the game. Winners will be selected based on the profits they generate during the playing period, with total cash awards of up to AED 50,000. Students in the first category will receive AED 15,000; those in the second category will receive AED 10,000; and those in the third category will receive a prize of AED 5,000. Participants ranked between fourth and 13^th place will receive AED 1,000.

Female students will be eligible for additional awards. Those placed first in the category will receive AED 3,000; those ranked second will receive AED 2,000,;and those placed third will receive AED 1,000.

The number of participants has been increasing steadily since the launch of the game, with 357 participants in 2003, rising to 1500 participants in 2007. The number of participating educational institutions increased from 17 in 2003 to 52 in 2007.

-Ends-

About Dubai Financial Market:
Dubai Financial Market (DFM)Dubai Financial Market (DFM) was established as a public institution having its own independent corporate body. DFMDFM operates as a secondary market for the trading of securities issued by public shareholding companies, bonds issued by the federal Government or any of the local Governments and public institutions in the country, units of investment funds and any other financial instruments, local or foreign, which are accepted by the market. The DFMDFM commenced operations on March 26, 2000.

For further information, please contact:
Ghaleb Zeidan
ASDA'A Public Relations
Dubai, UAE
Tel: +971-4-3355969
Fax: +971-4-3344556
E-mail: g.zeidan@asdaa.com

© Press Release 2008 from ASDA'A Public Relations

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