AE-based broker Menacorp has partnered with the exchange Nasdaq Dubai for an initiative designed to raised local investors’ awareness of capital markets and its expanding opportunities in the region.
The campaign will involve joint roadshows across the region as well as a digital outreach programme to both institutions and individuals.
The topics covered in the campaign will cover asset classes such as equities, sukuk and conventional bonds as well as a particular focus on equity derivatives.
Interest in the capital markets of the Gulf Cooperation Council (GCC) members is expected to increase as a result of the inclusion of Saudi Arabia in the emerging markets indices of both MSCI and FTSE Russell.
In addition, the UAE has also seen growth in the issuance of sukuk and is bidding to become the global centre for Islamic bonds. In 2018 the UAE became the largest venue in the world for sukuk listings by value.
"Our joint mission with Menacorp will publicise the expanding opportunities that are available in the UAE capital markets and beyond, both to investors that are already active and new potential investors including funds and individuals who have not yet participated,” said Hamed Ali, chief executive of Nasdaq Dubai.
“The UAE markets offer many attractive possibilities for increasing and preserving wealth that are available to investors based in MENA region countries and elsewhere.
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