Dubai Financial Market Strengthening Global Financial Ties
In particular, the efforts of the Dubai Financial Market (DFM) in expanding the international financial performance and implementing sustainability strategies are on the rise. Lately, DFM declared the cooperation with the SSE to create more international connexion and a number of new capital market instruments.
This partnership is expected to enhance working relationship, reduce costs, and provide growth prospects resulting from crossing listing and Nigerian and Ghanaian markets respectively.
Capital Market Summit 2024
Capitalising on prior year occurrences, the 2024 Capital Market Summit will put into frenzy interest in IPOs and listings in various classes of assets. The high level forum will feature topical discussions with prominent CEOs and exhibit, as well as, regional and international investors interested in expansion. Some of the key sponsors are Bank of America, Citibank, and Emirates NBD hence, demonstrating the significance of the event in the financial market.
Carbon Credits Programme
A major step towards the sustainability of the company, DFM will offer carbon credits trading pilot during the next COP28. This initiative will help the concerned companies to take up the carbon management through a formal trading floor in order to become environmentally responsible. The program is to engage major companies in the UAE and will be backed by Dubai Future Foundation, and organization on par with International VERRA.
Enhancing Investment Opportunities
The launch of the enhanced version of the iVestor App further cements DFM’s direction of digitisation and improving access for investors. This platform provides the ability to make direct subscriptions to IPOs and other investments without the inconvenience encountered locally and internationally.
The recent policies and alliances of DFM are pointing towards the preparation of making Dubai as one of the financial city of the world. The goals of innovation, sustainability and international cooperation are to attract more investors and increase the impact of Dubai in growing international financial markets.