Page 195 - SALIK PR REPORT AUGUST 2024
P. 195
Wali Khan owns stocks in UAE developer Emaar and Sharjah low-cost airline Air Arabia. Chris Whiteoak / The National
Lower valuations of listed companies, compared to some of their peers in other emerging markets, in the
UAE have also encouraged investors like Mr Khan to invest across sectors.
He is currently invested in stocks including Emaar and budget airline Air Arabia, with the combined value
of his portfolio of UAE stocks at Dh60,000 ($16,337).
“The UAE has been proactive in its economic diversification efforts. These initiatives have not only
strengthened the local economy but also increased the appeal of UAE stocks as part of a diversified
investment portfolio,” he says.
“The country has a well-regulated financial market. Its robust infrastructure, coupled with government
policies that encourage foreign investment, further bolsters my confidence in the long-term prospects of
its stock market.”
Investing in UAE stocks has become increasingly straightforward due to the range of brokerage options.
Additionally, many banks in the UAE now offer services that allow you to invest directly in both the DFM
and the ADX.
The government, as well as the markets regulator in the UAE, has also taken steps to make the country's
markets more attractive to investors. The government has taken measures to boost liquidity and is
encouraging more companies to list on the market to broaden investment options for investors.
Through initiatives such as the Dh5 billion IPO Fund, Abu Dhabi is trying to support private sector
companies across sectors to list on the ADX.
https://www.msn.com/en-ae/news/other/the-stock-lure-ipos-and-dividend-payouts-are-magnets-
for-yield-hungry-investors-in-gcc/ar-AA1oWt2m?ocid=BingNewsSerp