Dubai Financial Market Experiences Surge in New Investors
- Date: 02-May-2024
- Source: Arabian Post
- Sector:Financial Markets
- Country:UAE
Dubai Financial Market Experiences Surge in New Investors
Arabian Post -The Dubai Financial Market (DFM) witnessed a significant surge in new investor participation during the first quarter of 2024.According to Hamed Ali,Chief Executive Officer of DFM,the market attracted a staggering ten times the average number of new investors compared to the five-year period leading up to 2019.This impressive growth highlights the DFM’s increasing appeal and its efforts to cultivate a broader investor base. Ali made these remarks […]
via Dubai Financial Market Experiences Surge in New InvestorsArabian Post -
The Dubai Financial Market (DFM) witnessed a significant surge in new investor participation during the first quarter of 2024.According to Hamed Ali,Chief Executive Officer of DFM,the market attracted a staggering ten times the average number of new investors compared to the five-year period leading up to 2019.This impressive growth highlights the DFM’s increasing appeal and its efforts to cultivate a broader investor base.
Ali made these remarks during a panel discussion at the 2nd Capital Markets Summit 2024.He emphasized that attracting new investors is a top priority for the DFM,and their recent success reflects this commitment.Notably,the first quarter of 2024 saw an influx of approximately 44,000 new investors,a significant increase from the pre-2019 average.
Intriguingly,a substantial portion of this growth came from international