Wednesday, Apr 30, 2014
Dubai: A delegation from Dubai Financial Market on Tuesday wrapped up its latest roadshow following 240 one-on-one meetings with representatives of 56 London-based investment funds.
Representatives of 12 DFM-listed companies joined the trip to London, which included a panel discussion about the economic outlook of the UAE and for Dubai in particular.
DFM chairman Eisa Kazim said: “London-based international investors have shown great interest to meet the representatives of Dubai-listed companies, hence the roadshow has seen tremendous attendance of institutions and emerging markets funds, which are increasingly attracted to our market, particularly after it has been classified as an emerging market.
“International institutions are increasingly recognising the quality and diversification of investment opportunities provided by DFM-listed companies, which represent a variety of growing sectors and thrive through a high-growth and sustainable economic environment, creating a favourable and attractive environment for local, regional and international investors.”
Kazim added that the rise in the index (51 per cent) and daily trading value (466 per cent) since the start of this year indicated international demand and confidence.
Participating companies included Emaar Properties, Emirates NBD, Dubai Islamic Bank, DP World, Shuaa Capital, Dubai Investment Company, Air Arabia, Drake and Scull, Mashreq Bank, Aramex, Union Properties and market operators DFM Company.
DFM has been running roadshows targeting investors in New York and London since 2007.
Staff Report
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