The event is organized in collaboration with Goldman Sachs and enlists 30 CEOs, CFOs and investor relations managers of listed companies led by His Excellency Essa Kazim, Chairman of DFM. The delegates will hold series of meetings with representatives of international fund managers in order to highlight the success stories, achievements and developments of their respective companies. List of leading companies taking part in the roadshow includes; Air Arabia, Amlak Finance, Arabtec Holding, Aramex, DAMAC Properties, Dubai Financial Market (PJSC), DP World, Dubai Investments, Dubai Islamic Bank, Dubai Parks and Resorts, Emaar Properties, Emaar Malls, Emirates NBD, Emirates REIT, Mashreq Bank, Tabreed and Union Properties.
His Excellency Essa Kazim, Chairman of DFM, said, “DFM is at the forefront of main destinations for foreign investors looking to access Middle Ease capital markets. We have pioneered the concept of investor roadshows amongst regional exchanges since 2007; such events have achieved tremendous success in attracting liquidity due to its effective role in strengthening the links between our listed companies and international investors and shedding light on DFM’s investment opportunities. The DFM is the trading platform for a diversified cluster of listed companies that thrive in various dynamic and growing sectors. The listed companies maintain excellent profitability as total value of their profits in 2015 amounted at AED 27.5 billion and those companies have allocated as much as AED 13 billion of cash dividends for the year 2015. We are committed to promote the growth of the financial sector and strengthen its contribution o in the GDP in line with Dubai 2021 plan. We believe that deepening and strengthening the market through attracting new listings and further liquidity whether from local or international investors will significantly contribute in achieving this objective.”
“The DFM international investor roadshows have played a crucial role in attracting international investments as number of foreign institutions registered on DFM increased from 2056 institutions in 2010 to 5095 institutions at the end of 2015. This clearly indicates the growing appetite of international investors towards DFM’s opportunities and their inclination to participate in the success story of Dubai”, His Excellency Essa Kazim added.
It is worth noting that foreign investors have accounted for 48.6% of trading value in 2015 compared to AED 43.8% in 2014, in a clear evidence of their growing interest towards the market. Meanwhile, the total value of foreign investors’ ownership of DFM-listed securities reached to AED 51.5 billion at the end of 2015 representing 16.7% of the market capitalization. In spite of this significant presence, there is still an enormous potential of further participation. The DFM is considered one of the most open markets for foreign investors as the total value of shares accessible for them amounted at AED 113.6 billion at the end of 2015.”