The Dubai Financial Market (DFM) has revealed its plans for the upcoming International Investor Roadshow, which will take place in New York City on November 20–21, 2023. In partnership with J.P. Morgan, this roadshow marks the DFM’s fourth event of the year and its second in New York, following the tremendous success of previous roadshows held in London and Singapore.
The event aims to offer international investors a distinctive platform to interact with prominent companies based in Dubai, explore enticing investment opportunities in the UAE, and reinforce DFM’s commitment to expanding its global investor network. Additionally, the event aims to showcase the robustness of Dubai’s capital markets and their potential for growth.
The esteemed roadshow will comprise exclusive one-on-one sessions with Dubai’s renowned blue-chip companies, such as Dubai Electricity Water Authority (DEWA), DFM, Du, Dubai Islamic Bank, Emaar Properties, Emaar Development, Emirates NBD, Empower, Salik, Taaleem, and Al Ansari Financial Services. These influential organizations offer a wide spectrum of investment prospects and wield substantial influence on both regional and global economies.
Invaluable opportunity
Commenting on the roadshow, Hamed Ali, CEO of DFM and Nasdaq Dubai, said, “We are pleased to join forces with J.P. Morgan for our second investor roadshow in New York. This aligns with a pivotal juncture in Dubai’s economic landscape, characterized by unparalleled growth and abundant opportunities. We believe this investor roadshow presents an invaluable opportunity for investors to directly engage with the region’s leading companies. It serves as an exclusive platform for them to access the latest developments, gain in-depth insights and explore promising investment prospects in Dubai and the broader UAE region, making it a truly unique and enriching experience.”
Global financial hub
Dubai’s ascent as a prominent global financial hub is reinforced by the impressive achievements of DFM in 2023. The marketplace has effectively drawn in a rising influx of foreign investors, maintaining a favorable trajectory. Noteworthy figures reveal that during the initial nine months of 2023, DFM has onboarded 35,357 new investors, with 72 percent of them hailing from international backgrounds. Furthermore, there is a discernible trend among international investors, as their engagement in the secondary market has surged to 47 percent, and their portion of the overall market capitalization now stands at 20 percent.
Exceptional performance
Emphasizing the attractiveness of Dubai’s Capital Markets, Hamed Ali expressed, “Over the past couple of years, we have witnessed a notable surge in foreign investor participation in Dubai capital markets, thanks to the resounding success of our international roadshows. Furthermore, in 2023, DFM delivered a stellar performance, with our index increasing by 25%, outshining most global peers and solidifying its position among the leading MENA indices. This is precisely what investors seek – a market where they can witness substantial returns while investing in high-quality assets.”
Read more: DFM achieves highest market cap since 2015 with AED3.7 bn surge
DFM has announced an impressive surge of 109 percent in net profit for the initial nine months of 2023. This outstanding performance was amplified by the increasing involvement of institutional investors, who contributed significantly with a share of 56 percent in the trading value.
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