Dubai - MENA Herald: Dubai Financial Market (DFM) has successfully concluded its International Investor Roadshow in London. The event included 166 One-on-one meetings between senior representatives of 14 Dubai-listed companies and 52 London-based international institutions with US$ 2.3 Trillion of assets under management.
As the most recent event of DFM’s series of Investor Relations initiatives to fortify links between listed companies and international investors, the event reaffirmed investors growing interest towards Dubai’s capital markets amidst growing confidence about the outlook of the national economy, its ability to maintain high levels of growth and the lucrative opportunities available on the markets.
This is one of the biggest DFM roadshows in London in terms of attendance of international investors as well as senior executives from participating listed companies. Organized at HSBC’s offices at Canary Wharf, London, the roadshow offered listed companies the opportunity to hold series of meetings with of international fund managers in order to highlight the success stories, achievements and developments of their respective companies.
Commenting on the outcome of the roadshow, His Excellency Essa Kazim, Chairman of DFM said, “We are delighted to see our flagship International Investor Roadshow that DFM has pioneered amongst regional markets as an Investors Relations initiative since 2007 gaining further momentum yearly. Representatives of participating international institutions have widely reaffirmed their confidence in the economic environment in Dubai and the United Arab Emirates, DFM’s tremendous success in creating comprehensive infrastructure in line with international best practices as well the high level of accessibility to lucrative investment opportunities available on Dubai capital markets.”
“DFM is constantly encouraging its listed companies to further connect with their current and potential investors in order to regularly update them on recent developments and growth strategies. The London roadshow 2017 has witnessed 166 One-on-one meetings between 52 international institutions in London and 14 companies listed on DFM and Nasdaq Dubai, which reflects the continuous success of our investor roadshows as an effective platform to strengthen links between the two sides,” Fahima Al Bastaki, Executive Vice President, Head of Business Development Division, DFM said.
Abdulfattah Sharaf, Group General Manager and Chief Executive Officer UAE, HSBC Bank Middle East Limited said, “We are honored and delighted to host the Dubai Financial Market’s (DFM’s) annual International Investor Roadshow at our HSBC Headquarters in London. The DFM’s commitment to provide Dubai’s listed companies with a platform to connect with international investors is, and will continue to be, a key contributor to the country’s ever-growing success. Over the last 70 years, HSBC has witnessed the UAE's spectacular transformation to a leading business and financial hub in the region and we will remain committed to supporting its future ambitions.”
“In this era of upheavals and uncertainties, it is becoming increasingly difficult for investors, both institutions and individuals, to decide on the appropriate investment avenues”, said Dr. Adnan Chilwan, Group CEO, Dubai Islamic Bank. “The dilemma of future potential versus the present reality is always a tough one to navigate. Long term investors in particular, are now interested in going behind the public data and financials to seek and gain a more detailed understanding on the present and future direction of their investible pie. Regular roadshows by DFM provide the ideal platform for investor focused companies such as DIB to showcase their current and upcoming plans in an efficient and highly productive environment and we remain committed to participating in many more such events in the years ahead.”
Jasim Husain Thabet, CEO of Tabreed said, “The annual DFM roadshow represents a great opportunity for Tabreed to engage with international investors and, together with other leading UAE companies, showcase the strong investment climate offered by the UAE. It is through platforms such as the DFM roadshow that listed companies in the Dubai capital markets can extend their reach, while making the UAE markets increasingly attractive to international investors.”
Bashar Obeid, Chief Financial Officer at Aramex, said: “The DFM International Investor Roadshow is an important annual event for Aramex. Committed to keeping our current and potential investors informed, this Roadshow provides an ideal platform for us to not only update them on the Aramex brand and business, but on overall financial performance and how we are navigating the market. We understand that it is critical to keep the investment community up to date as we continue to expand our global footprint. Moving forward, we will continue to identify key strategic growth opportunities and carefully monitor the economic uncertainty so that we can quickly adjust and respond.”
It is noteworthy that listed companies that took part in the roadshow included; Aramex, Arabtec, DP World, Dubai Financial Market Company, Dubai Islamic Bank, DXB Entertainments, Emaar malls, Emaar Properties, Emirates Reits, Emirates NBD, Orascom Construction, Union Properties, Damac Properties and Tabreed.
