Dubai Financial Market (DFM) and Nasdaq Dubai announced that they will hold the 'Borse Dubai International Investor Conference New York 2009' on November 2 and 3, in cooperation with Citigroup Global Markets and Goldman Sachs.

The event will allow senior executives of listed companies on both exchanges to update  New York-based fund managers and other investors on their companies’ recent successes and prospects.

The conference is the latest of DFM’s annual series of international road shows that have taken its listed companies to leading financial centers such as London and New York. Nasdaq Dubai, the region’s international exchange, is taking part for the first time. Both exchanges are majority-owned by Borse Dubai; Nasdaq Dubai is one-third owned by Nasdaq OMX.

The previous road shows played a major role in bringing DFM onto the radar of international investors and helped to turn the exchange into the main destination for foreign investment in the GCC.

More than 30 senior executives representing 14 listed companies on DFM and Nasdaq Dubai will take part in the two-day event.

“New York is the capital of global financial centers and bringing listed companies to the international arena will secure an excellent opportunity for institutional investors to meet senior executives from these companies,” said Essa Kazim, executive chairman , Borse Dubai Limited and executive chairman, DFM.

“Furthermore, the road show will play a pivotal role in providing the international fund managers with a better understanding and in-depth knowledge about our listed companies. Accordingly, we look forward to attracting more institutional funds to our promising emerging markets,” he added.

“The conference will provide information about a range of listed companies in a wealthy and growing region. Many leading international and regional investment banks are Members of Nasdaq Dubai, allowing access to its market. As the region’s international exchange, operating to high regulatory standards, Nasdaq Dubai is a gateway for overseas capital to enter the GCC,” stated Jeff Singer, chief executive of Nasdaq Dubai.

The event will include an overview of the regional economy as well as presentations by Kazim and Singer focusing on growth prospects of both exchanges and Dubai in general.-TradeArabia News Service