"The UAE markets are in the midst of a long-term, multi-year upward trend, and the bullish performance thus far signals a revival that is only in its early stages, according to Daman Investments, the leading Dubai-based investment management company, which held its traditional Summer press briefing today.
Unveiling the 2013 edition of its annual market report to members of the press at a media roundtable, Daman Investments top management officials led by Managing Director Mr. Shehab Gargash, ran through an analysis of both macro and fundamental factors that underpin movements seen in the UAE financial markets.
Research conducted by Daman Investments found that nine of the 11 key factors identified by Daman fall into positive territory, thereby leading it to conclude that the UAE bourses, the Dubai Financial Market (DFM) and the Abu Dhabi Securities Exchange (ADX) , have an optimistic outlook. "
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