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11/18/24, 5:13 PM UAE's stock exchange touches $1 trillion market capitalisation for the first time
UAE's stock exchange touches $1

trillion market capitalisation for the

first time

The rise of the stock market of UAE has been backed by the

government's effort to attract greater foreign investments and

economic fundamentals of the region, helped by a strong growth

in key cities, and a growing population.

MONEYCONTROL NEWS NOVEMBER 17, 2024 / 19:09 IST

There has also been an increasing apetite from global investors for IPOs in UAE this year,
prominent among them are the likes of LulU Retail, Alef Education, among others.

United Arab Emirates' stock exchange has touched the market capitalisation of $1

trillion for the first time, as per data from Bloomberg News on November 17,

https://www.moneycontrol.com/news/business/markets/uaes-stock-exchange-touches-1-trillion-market-capitalisation-for-the-first-time-12868991.html 1/3