Dubai - Arab Today
Dubai Financial Market (DFM) will hold its International Investor Roadshow on 16th and 17th October 2017 in New York with co-sponsorship from Bank of America Merrill Lynch (BofAML), with the participation of 23 senior executives representing 12 companies listed on DFM and Nasdaq Dubai.
Organised as part of DFM’s strategy to further boost liquidity and diversify its streams, the roadshow provides an efficient platform linking listed companies with US-based institutions in order to shed light on their growth strategies and recent developments, noting that DFM has been organising international roadshows since 2007, in a pioneering step amongst regional exchanges.
Essa Kazim, Chairman of DFM, will lead a delegation of 23 high-level representatives including CEOs, CFOs and investor relations managers of DFM-listed companies.
Kazim said, "DFM is the main gateway for foreign investors looking to participate in the success stories of many listed companies supported by the highly growing and sustainable economy not only in the UAE but in the gulf region especially that DFM is the preferred listing venue for leading companies in the UAE and beyond. DFM’s world-class infrastructure and regulations in line with international institutions’ requirements are amongst the main drivers of further investments. Certainly, foreign investors’ solid presence on DFM strongly indicates their deep confidence in the quality and diversification of its investment opportunities and its ability to sustain growth."
Foreign investors (excluding Arabs and GCC nationals) have registered net in-flow of AED 1.3 billion year-to-date 2017.
"DFM investor roadshows became on top of our issuers’ calendar of event, as they are increasingly recognizing its importance in strengthening their links with international investors. In fact, this commitment has always been encountered with similar enthusiasm amongst international funds, which holds tens of one-on-one meetings with our listed companies in a clear indication on DFM’s increased significance as part of their investment plans. Our continuous efforts over the past years has successfully attracted more foreign investments and we look forward to intensify these efforts in cooperation with listed companies, which are inclined to deepen relations with investors as well as being significantly committed to embrace best practices of investor relations, transparency and corporate governance," H. E. Essa Kazim concluded.