20,500 new investor accounts added to Dubai Financial Market in first 7 months of 2022

  • Date: 02-Aug-2022
  • Source: Eye of Riyadh
  • Sector:Financial Markets
  • Country:UAE
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20,500 new investor accounts added to Dubai Financial Market in first 7 months of 2022

Brokerage companies in the Dubai Financial Market added 20,552 new investor accounts in the first seven months of 2022.

The market also witnessed significant momentum since the announcement of the listing of 10 governmental and semi-governmental companies, including the Dubai Electricity and Water Company (DEWA), the TECOM Group, and Union Coop.

The number of new accounts in the Dubai Financial Market grew significantly by over 287 percent during the first seven months of this year, compared to 5,306 new accounts in the same period in 2021.