Dubai bourse to woo investors in London
Dubai's stock exchange will make presentations to investors in London next month to try to woo foreign cash into stocks listed on the market, the bourse said.
Stock markets around the Gulf are looking to attract foreign investment after a crash last year that saw four of the region's seven bourses lose more than 35 per cent of their value.
Dubai Financial Market (DFM) officials and representatives of 12 other companies will meet managers of international funds on May 22 and 23, the bourse said in a statement posted on the market regulator's website yesterday.
"Only those DFM-listed companies that are most active and allow foreign share ownership will take part in the road show," it said.
Representatives of Emaar Properties, Dubai Islamic Bank, Amlak Finance, Shuaa Capital Dubai Investments Co, Arabtec Holding, du, Tamweel, Aramex, Salam International Investment, National Central Cooling Co and Union Properties will make presentations. Source
Stock markets around the Gulf are looking to attract foreign investment after a crash last year that saw four of the region's seven bourses lose more than 35 per cent of their value.
Dubai Financial Market (DFM) officials and representatives of 12 other companies will meet managers of international funds on May 22 and 23, the bourse said in a statement posted on the market regulator's website yesterday.
"Only those DFM-listed companies that are most active and allow foreign share ownership will take part in the road show," it said.
Representatives of Emaar Properties, Dubai Islamic Bank, Amlak Finance, Shuaa Capital Dubai Investments Co, Arabtec Holding, du, Tamweel, Aramex, Salam International Investment, National Central Cooling Co and Union Properties will make presentations. Source
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