Dubai investments are becoming more attractive by the day, and in 2023, Dubai Stock Market Performance shows great prospects and market growth as they eye the famous Dubai Economic Agenda D33, which seeks to make Dubai a leading economic and investment hub.
At the high-profile meeting of the Dubai Securities and Exchange Higher Committee chaired by Maktoum Bin Mohammed, the Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance, the success story of Dubia came to light.
Dubai Stock Market Performance
According to information Maktoum Bin Mohammed shared via his tweet on X, the Dubai Financial Market has been bringing in 230,000 new investors since 2022.
The Dubai Securities and Exchange ranked 5th globally in terms of market index growth compared to other global markets, in addition to achieving a 75% growth rate in market capitalization, which has grown to AED 688 billion since the committee’s establishment.
He continued by saying that His Highness Sheikh Mohammed bin Rashid Al Maktoum’s leadership was responsible for the success of the Dubai Securities and Exchange and Dubai itself.
“Under the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Dubai has become one of the leading destinations for sukuk listings globally, with a value of AED 316 billion.” He stated this in the tweet.
He further indicated that “the listings witnessed by the Dubai Financial Market over the past two years will contribute to achieving the objectives of Dubai’s Economic Agenda D33 to position Dubai as the leading economic hub globally.”
The positive achievements of Dubai, which has become one of the world’s most visited in terms of tourism and investment, have become common knowledge and a benchmark.
The projected future of investments in Dubai
Per the Dubai Securities and Exchange Higher Committee report, investments in Dubai look great, and they have set out their strategies for the next phase.
READ: UAE Bank announces return on equity up 41% and net profits rise by 26.5 billion dirhams.
The Dubai Stock Market’s performance in 2023 is a testament to good leadership and excellent investment decisions and choices by the talents managing the Dubai Securities and Exchange.