DFM latest statistics showed that UAE investors accounted for 62.79% of the total numbers of investors last year, as UAE investors numbers, increased from 267,046 in 2007 to 336,304 in 2008.
According to the statistics DFM issued 69,258 new investor numbers for UAE nationals in 2008, the Omanis came second with 8435 new investor numbers, bringing the total numbers to 37,860 in number in 2008 compared to 29,425 in 2007. Indians got 6568 new investor numbers in 2008, bringing the total to 23,329 in 2008 compared to 16,761 in 2007.
Kuwait investors ranked in the fourth place by getting 4329 new investor numbers in 2008, increasing the total to 12,654 compared to 8325 in 2007, while Saudi investors got 2937 new numbers in 2008 to 39,285 in 2008 compared to 36,348 in 2007.
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Dubai Financial Market investor base up 26.48% to 535,563 investor in 2008
- United Arab Emirates: Wednesday, January 07 - 2009 at 15:26
- PRESS RELEASE
The Dubai Financial Market, the first regional exchange to go public and the leading Islamic financial market globally, revealed that numbers of investors showed a big leap of 26.48% during 2008 to 535,563 in 2008 end compared to 423,418 in 2007.
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About Dubai Financial Market:Dubai Financial Market (DFM) was established as a public institution having its own independent corporate body. DFM operates as a secondary market for the trading of securities issued by public shareholding companies, bonds issued by the federal Government or any of the local Governments and public institutions in the country, units of investment funds and any other financial instruments, local or foreign, which are accepted by the market. The DFM commenced operations on March 26, 2000. Following its initial public offering in November 2006, when DFM offered 1.6 billion shares, representing 20% of its paid-up capital of Dhs8bn, DFM became a public joint stock company. Following the IPO, the Government of Dubai retained the remaining 80% of DFM Company.
For further information, please contact:
Atef Fathy
Vice president-public relations
Dubai Financial Market
Tel: +9714-3055334
Posted by Siba Sami AmmariWednesday, January 07 - 2009 at 15:26 UAE local time (GMT+4)
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