Mar 15 2011 |
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Dubai Financial Market launches its 9th Stock Game for students
The most popular initiative within the educational community attracted 14,000 students from 65 institutions in eight years and starts on the 5th of April.The Stock Game is an annual initiative from Dubai Financial Market aimed at nurturing a new generation and achieving a high level of awareness on financial services and investment. The competition has received a phenomenal response from various educational institutions during the last eight years, where almost 10,000 students representing 40 different educational institutions participated.
During February 2011, DFM organizes around 25 workshops a series of seminars and roadshows to be held at the main educational institutions in the UAE to explain the nature of the competition and its main features to the students and their professors.
The total value of prizes during the last 8 years has reached AED 308,000. Additionally, the total value for this year will be AED 42,000. Winners are defined by the gains achieved during the competition.
-Ends-
About
Dubai Financial Market
:
Dubai Financial Market
(
DFM
) was established as a public institution with its own independent corporate body.
DFM
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
DFM
commenced operations on March 26, 2000. Following its initial public offering in November 2006, when
DFM
offered 1.6 billion shares, representing 20 per cent of its paid-up capital of AED 8 billion,
DFM
became a public joint stock company. Following the IPO, the Government of Dubai retained the remaining 80 per cent of
DFM
Company through Borse Dubai Limited. www.dfm.ae
For further information, please contact:
Atef Fathy
Vice President - Public Relations
Dubai Financial Market
Tel: +971 (4) 3055334
Email: afathy@dfm.ae
© Press Release 2011
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