Dubai – Mubasher: The third edition of the International Investor Roadshow will kick off for the first time in Singapore on 27-28 September, organised by Dubai Financial Market (DFM) which brings the event in a first to the island city state.
The roadshow will be part of Singapore Corporate Days 2023 and is taking place in collaboration with Goldman Sachs, where investors in Singapore will meet senior representatives from Dubai’s leading companies, according to a press release.
CEO of DFM and Nasdaq Dubai, Hamed Ali, said: “We are increasingly seeing strong appetite from global investors who want to access the growing capital markets taking place in Dubai. That is why we have decided to host our third roadshow this year in Singapore, one of the world’s most dynamic hubs of finance, business, and culture.”
The Singapore edition follows DFM’s International Investors Roadshow in the UK’s London, which was held on 14-15 June 2023. Meanwhile, the first edition of the event was hosted in the US’ New York on 12-13 January this year.
Ali noted: “With 48% of the trading activity on DFM spearheaded by international investors in the first half (H1) of the year, the roadshow is extremely well timed and aligned with the growing global interest in our market.”
The September edition aims to engage investors in Asia while offering a unique opportunity to interact with sector specialists and generalist portfolio managers from major institutional equity funds.
The DFM official concluded: “Dubai is an increasingly important trade hub for the global flow of capital. Our goal is to bridge East and Middle East, uniting capital, and opportunities to fuel the growing appetite of international investors.”
It is worth mentioning DFM generated AED 112.17 million in net profit attributable to the shareholders during the first half (H1) of 2023. The positive results were supported by 25,699 new investors where 74% of which were foreign investors.
By the end of June 2023, the share of foreign investors in market capitalisation hit 20%.