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Dubai Financial Market Chairman, H.E. Essa Kazim Interviewed by the WFE
Jan 01, 2014
The World Federation of Exchanges (WFE) interviewed H.E. Essa Kazim, Chairman and CEO of Dubai Financial Market (DFM). H.E. Essa Kazim provided a brief about DFM mentioning that it’s the first Exchange in the United Arab Emirates (UAE) and the first publicly listed Exchange in the region. DFM launched its activities on the 26th of March 2000.

On the 27th of December 2005, the Executive Council of Dubai decided to transform the Exchange into a public company with a capital of US$ 2.178 billion, and 20% of the capital was offered through an IPO. Moreover, DFM became the first Shari’a compliant Exchange globally since 2007.H.E. stated that DFM ultimate goal is to have its growing economic sectors represented in the market.

The diversifications of investment opportunities available on DFM are being promoted to attract companies from the growing sectors such as tourism, retail, healthcare and education. DFM is positioned at the heart of the global economy with Dubai’s position as the capital markets hub and gateway to the Middle East and North Africa (MENA) region.

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