Tuesday 31 December 2019

Non-Arab foreign investment in #UAE stocks $3.4bln in 2019 | ZAWYA MENA Edition

Non-Arab foreign investment in UAE stocks $3.4bln in 2019 | ZAWYA MENA Edition:

The net investments of non-Arab foreign investors in the UAE’s financial markets doubled 11 times in 2019, jumping to AED12.5 billion.

The level of net investments of non-Arab foreigners in the Dubai and Abu Dhabi markets is the highest in five years, which reflects their success in attracting foreign investments.

The Securities and Commodities Authority, SCA, continued adopting systems to attract capital and local and international expertise in 2019, by upgrading markets at international index providers.

Four years ago, the UAE was upgraded to an emerging market by the MSCI Emerging Markets Index, which was a global acknowledgement that the country’s financial markets have reached international standards, leading to more long-term capital flow from foreign investors.

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