DFM International Investors Roadshow to take place in New York

The DFM International Investors Roadshow, which will be held in New York from 12-13 January 2023 in partnership with Bank of America, aims to connect leading issuers with prominent international institutions that are strengthening their market presence in Dubai and taking advantage of increasingly diverse investment opportunities in the region.

Ten companies have already confirmed their participation in the roadshow, including three newly listed companies, namely DEWA, Salik and Empower. This is in addition to Emaar Properties, Emirates NBD, Amanat, Emaar Developments, Dubai Financial Market Company, DP World and Aramex.

Hamed Ali, CEO of DFM and Nasdaq Dubai

Hamed Ali, CEO of DFM and Nasdaq Dubai, said: “We are delighted to host our first roadshow of 2023 as part of our dynamic programme of improving investor relations and our ongoing efforts to further attract international investment to Dubai’s capital markets. We hope to build on the successes of our previous roadshows, which have been instrumental in strengthening ties with international institutions. We are very pleased to see the cooperation and willingness of issuers to participate, and very excited to welcome our new issuers who have had a successful IPO at DFM.”

He further added: “Our work plays a key role in achieving the objectives of Dubai’s capital markets strategy. The DFM International Investors Roadshow will provide a valuable platform for issuers to increase their access to international institutions at a time of high appetite for capital markets in the region. The level of international demand we are seeing is coupled with a clear desire on the part of listed companies to remove foreign ownership restrictions. An example of this is the decision by a number of leading companies, including Emaar Properties, Tabreed and Amanat, to allow 100% foreign ownership.”

“We look forward to seeing these tireless efforts come to fruition and achieve our goal of strengthening the presence of foreign investors in our market.” In 2022, foreign investors accounted for 48.6% of total trading value and 19.1% of total market capitalisation, which are very positive figures that make us optimistic about the future,” Hamed Ali concluded.

Follow our Telegram Chanel