Page 186 - SALIK PR REPORT ENGLISH AUGUST 2024

8/22/24, 10:08 AM The stock lure: IPOs and dividend payouts are magnets for yield-hungry investors in GCC | 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.”

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