Page 96 - AAE PR REPORT - August 2024

8/22/24, 1:14 PM The stock lure: IPOs and dividend payouts are magnets for yield-hungry investors in GCC | The National
“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.

In 2021, Dubai established a Dh2 billion market maker fund to provide liquidity and

encourage listings from private companies in sectors such as energy, logistics and retail.

The government aims to expand the size of the emirate's financial market to Dh3 trillion.

Companies including Parkin, Salik, Tecom, Empower, Dubai Taxi Company, Al Ansari

Financial Services, Pure Health, Spinneys, Alef Education, Adnoc Gas and Investcorp

Capital have already listed their shares on the UAE bourses in the past two years.

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