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DFM holds International Investor Roadshow in New York on September 24th and 25th

DUBAI, 27th August, 2013 (WAM) — Dubai Financial Market (DFM) will organize its International Investor Roadshow in New York on the 24th and 25th of September this year, in collaboration with Bank of America Merrill Lynch.

The event will bring together international investment managers with senior representatives from ten companies listed on DFM and NASDAQ Dubai.

This year’s event has gained more significance after MSCI’s decision to classify the UAE as an Emerging Market, which reflects the growing popularity of the local equity market among international investment institutions.

The ten leading companies taking part in the roadshow are Emaar Properties, Emirates NBD, Dubai Islamic Bank, DP World, Shuaa Capital, Dubai Investment Company, Air Arabia, Arabtec, Drake and Scull and DFM Company.

Essa Kazim, Managing Director and CEO of DFM, will lead a high level delegation of twenty CEOs, CFOs and investor relations managers of the ten leading companies. The delegation will update institutional investors on the recent successes and prospects of their respective companies. Each of the ten companies will hold several one-on-one and small group meetings for targeted discussions on investing in the region.

Mr. Kazim said, "DFM provides investors with diversified investment opportunities through its listed companies. They represent a variety of sectors and thrive through a high growth and sustainable economic environment." In light of the UAE’s MSCI emerging market status, international investors and emerging market funds have shown great interest in meeting DFM listed companies. This increasing interest of a wider investor audience will further strengthen DFM’s position globally. Currently, foreign investors represent over a third of the trading value at DFM and they were net buyers of as much as AED1bn of shares during the first half of this year. Trading value has jumped 82% to AED59bn during the same period.

Talal Ghandour, MENA Head of Equities at Bank of America Merrill Lynch, said, "We are honoured to have the opportunity of hosting this event in partnership with the Dubai Financial Market." WAM/AM/CM

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