Tuesday 27 October 2009

Dubai to seek investors in New York

Some of Dubai’s biggest listed companies will make presentations next week in New York to stoke investor interest as firms in the GCC mount a recovery from the financial crisis.

The road show, scheduled for next Monday and Tuesday, aims to bring together the management of firms listed on the Dubai Financial Market and NASDAQ Dubai with large US investors deploying capital overseas.

“These conferences allow direct contact between senior management and the professional investment community,” said Oliver Schutzmann, the head of investor relations at Shuaa Capital, one of the firms listed in Dubai that will take part in the presentations. “This is an excellent opportunity for institutional investors to get introduced to companies they perhaps haven’t met yet.”

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