The measures being taken to attract more foreign investors to Dubai and the steps to achieve this will be among key highlights at the upcoming Dubai Forward.

 

The event will run from February 15 to 17 at Mina A’Salam Hotel.

 

Key industry figures who will be on the panel will discuss the on-going efforts that are being made by the regulators and the asset management industry to make Dubai a coveted destination for institutional investors, said a statement.

 

Many crucial steps are being taken to provide a world class qualitative framework that will pave the way for the transformation of stock markets to capital markets by re-balancing the share of retail and institutional investors, providing modern investment vehicles, making investor relations mandatory and ensuring availability, reliability and comparability of financial data to investors, it said.

 

The necessary measures are being actively worked on through the combined efforts of the regulators and industry leaders to ensure that the future of the financial markets in the emirate are in line with its economic goals.

 

Hassan Al Serkal, chief operating officer, head of Operations Division, Dubai Financial Market (DFM), said: “We are delighted to participate in this event organised by Academy & Finance as an opportunity to showcase the DFM’s momentous journey, which further strengthened the leading position of Dubai as an international financial centre. 

 

"The DFM has rapidly become a focal point for attracting foreign investments amongst regional markets as a result of the constant enhancement of its infrastructure and regulations in line with best practices, the launch of innovative services and products as well as streamlining the participation of foreign investors in the success story of Dubai. 

 

"These efforts have played an integral part in the classification of the UAE as international emerging market by leading institutions such as (MSCI) and (S&P Dow Jones). Additionally, DFM is committed to strengthen the links between listed companies and international institutions by organising roadshows in London and New York since 2007. 

 

"The total number of foreign institutions on DFM has jumped from 2056 institutions in 2010 to 5098 institutions in 2015 and their owning value has increased from Dh8.9 billion in 2010 (6.9 per cent of the market cap) to Dh37.2 billion (12.9 per cent of the market cap) in 2015.” - TradeArabia News Service