Money and business

CEO of "Dubai Financial"We seek a variety of listed companies … and the quality of entities is a prerequisite

Dubai, May 7 / WAM / Hamed Ali, CEO of Dubai Financial Market and NASDAC Dubai, confirmed that Dubai has become a major destination for long -term economic growth and investment, thanks to the clear vision and strong performance of the emirate’s total economy.

Hamed Ali considered, in his speech during a major session during the second day of the summit of capital markets 2025 in Dubai, that the diversification of companies listed in the financial market represents a fundamental goal that is in line with the diversity of Dubai economy, and he said: There are many sectors that are still not represented in the market despite their contribution to the local product, especially tourism, hospitality, shipping and handling, noting, for example, to the presence of 3 or 4 brands in the shipping sector And handling can be an excellent addition to the market.

He explained that the establishment of the “Dubai Capital and Exchange Development Committee” in 2021 was an important transformation station, and that the final stage of the market plan focuses on attracting private companies that Dubai has chosen its headquarters and benefits from its advanced infrastructure and the available competencies, noting the importance of including companies such as “requests” as this step is described as a milestone in the scene, especially as it serves the technology and consumer sector together, with a busy record of the company from Growth.

He pointed out that the demand for subscriptions in Dubai in recent years exceeded 1.2 trillion dirhams compared to only 45 billion dirhams, which reflects the size of the gap and available opportunities.
In his speech, he touched on artificial intelligence as it has become one of the permanent topics on the agenda of the market board of directors, pointing out that the “IVESTOR” application represents an example of this trend, as it was recently announced that the integration of artificial intelligence allows investors to create immediate visions and analyzes within parts of a second, which establishes the principle of transparency and enhances the ease of investment decision.
In a statement to the Emirates News Agency on the sidelines of the summit, the CEO of the Dubai Financial Market and Nasdaq Dubai confirmed that the market continued its exceptional performance during the year 2024, achieving an increase in the index by 27.1%, to lead the region’s markets, indicating that this achievement comes after an increase of 21.7% in 2023, which reflects the continuous momentum witnessed by the market.

He pointed out that the market attracted more than 138 thousand new investors during the past year, and the vast majority of them by 86% from outside the UAE, which reflects the growing international confidence in the UAE market and contributes to creating a varied mix of investors that enhance market activity.

He said that this momentum continued during the first quarter of 2025, as the market witnessed a remarkable growth in several indicators, as the percentage of foreign trading increased from about 50%to 53%, while the percentage of institutions trading increased from 65%to 72%, and the percentage of new investors from outside the country remained a preservation of 86%.
As for trading, he explained that the market recorded a growth in the volume of trading by 67%, which had a positive reflection on the financial performance of the listed companies, and the market performance in general.
On the summit sessions, Hamed explained that she discussed for two days many important axes, especially the great focus in the UAE in general, and in Dubai in particular, on supporting the investment environment and providing what companies need to make the decision to include.
He pointed to the recent announcement of the first real estate investment fund “Reit” to be included in 2025, which constitutes a strong boost to encourage other exporters to look more seriously to the option to include in the market.

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