Tuesday 8 May 2018

Dubai's listed firms meet Wall Street investors in New York | ZAWYA MENA Edition

Dubai's listed firms meet Wall Street investors in New York | ZAWYA MENA Edition:

"Dubai Financial Market has held a roadshow event to connect companies listed on its exchange to New York-based fund managers handling $3 trillion worth of assets.

The roadshow event saw 10 companies, including Emaar Properties, DP World, Damac Properties and DXB Entertainments, among others, holding one-on-one meetings with senior representatives from 16 fund managers. In total, some 82 meetings were held over a two-day event which concluded last Wednesday (May 2), a spokesman for DFM told Zawya.

In a press release issued on Tuesday, DFM chairman Essa Kazim said that participating fund managers "expressed their undisputed conviction on the lucrative opportunities available on the market", which he said was amplified given the current valuation attached to many Dubai-listed stocks."



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