Maktoum bin Mohammed oversees the growth of financial markets in Dubai

Vice President of the State

The importance of utilizing local and global opportunities in financial markets
* Provide a business environment that will establish Dubai as the capital of the financial and stock markets
* Dubai has established itself as one of the most active markets in the world over the past decades
* You need to take advantage of the benefits that Emirates offers to investors.

* The market is trustworthy and includes international companies

* Strong foundations .. and this level offers unlimited opportunities
Dubai: “Gulf”
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Deputy Ruler, Prime Minister and Ruler of Dubai, has approved the work of Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler, Deputy Prime Minister and Minister of Dubai. Developing a comprehensive growth outlook for the financial sector, overseeing the markets, the financial markets and stock markets in Dubai and the financial markets and stock exchanges in the Emirate, meeting the needs of the current situation and securing the leading position Dubai has occupied one of the most important and active financial markets regionally and globally over the past decades. .
The Vice President, Prime Minister and Ruler of Dubai stressed the importance of providing local and business environment for the use of local and global opportunities in financial markets, establishing Dubai as the capital of capital markets and stock markets. It is based on the benefits that Dubai and the UAE offer to investors and entrepreneurs, with improved logistics and infrastructure, a flexible legal framework, in addition to a promising local market that includes a large number of international companies and financial institutions. .
Sheikh Mohammed bin Rashid Al Maktoum, The current situation offers unlimited opportunities in various fields, emphasizing the ability of the financial markets and stock markets in Dubai to take advantage of these opportunities and changes due to its long experience over the past decades. It helps to deal with various conditions and variables optimally.
Strong foundations
The Dubai Financial Market has established a strong foothold in the financial markets regionally and globally, ensuring continued growth and the use of international best practices since it established its position from the first day of its inception. In the past, it has been one of the most important financial markets. The market’s continued strategic efforts to spread international best practices have strengthened Dubai’s position as a regional hub at the regional level and consolidated Emirate’s leading position in the capital market sector. The demand of local and international investors is increasing.
The Dubai Financial Market acts as a secondary market for the trading of bonds issued by public joint stock companies, federal government securities, or by local governments, public authorities and institutions and investment units in the country. Local investment funds or other local or non-local financial instruments market it accepts.
First market in the United Arab Emirates
The Dubai Financial Market is the 2000 Dubai Government Resolution No. 14 was established as a public entity with an independent legal personality, and the market began its operations on March 26, 2000.
On December 27, 2005, the Board of Directors of the Emirate of Dubai decided to transform the Dubai Financial Market into a public joint stock company with a capital contribution of 8 billion dirhams and 1.6 billion shares, equivalent to 20% of the market capitalization.
As the subscription reached nearly 201 billion dirhams, the public offering saw an excellent and special vote that exceeded all expectations.
On March 7, 2007, the Dubai Financial Markets Company was listed on the market with a trademark (DFM).
The first market offered for subscription
The Dubai Financial Market is the first public-sponsored financial market in the Middle East, reflecting the leadership of the Dubai government in the field of privatization of state-owned enterprises in the region.
Sharia compliance
The Dubai Financial Market is compliant with Islamic Sharia and its rules, reflecting the ambitious vision of Dubai’s Vice President, Prime Minister and Ruler Sheikh Mohammed bin Rashid Al Maktoum.
Regional Financial Market
In 2010, the Dubai Financial Market successfully completed the integration of operations with Nasdaq Dubai with the aim of creating a potential powerhouse in the capital markets in the region. This process has made it easier for individual investors in the region to access the shares listed on Nasdaq Dubai through a single investor number, which allows investors to trade freely on both exchanges.
However, since the Dubai Financial Market is subject to the Securities and Commodities Authority and the Nasdaq Dubai Financial Services Authority, both transactions operate under two different regulatory umbrellas.
In 2007, the Dubai Stock Exchange concluded an acquisition agreement to buy shares in US Nastok, while the US Stock Exchange holds a third stake in the Dubai International Financial Market as part of an agreement involving the OMX and the London Stock Exchange.
Bond market
Today, Nasdaq Dubai is the largest hub for Sukku lists worldwide, with a total value of $ 80.1 billion, while fixed income publications listed on the Dubai financial markets are valued at $ 108.8 billion.

  • Bill Dittman

    "Freelance alcohol fan. Coffee maven. Musicaholic. Food junkie. Extreme web expert. Communicator."

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