Capital Markets
From The Report: Dubai 2020
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Dubai’s status as a financial centre rests to a large extent on its advanced capital markets. The city’s various trading floors have played a regionally important role as pioneers of new instruments and market processes, and succeeded in attracting investment from both home and abroad. Competition for scarce liquidity in the Gulf has, however, increased significantly over recent years. With other exchanges in the region overhauling their regulatory frameworks in order to harness investment flows, Dubai’s regulators and exchange authorities are working hard to maintain its position as a key financial centre. This chapter contains an interview with Hamed Ali, CEO, Nasdaq Dubai.

Articles from this Chapter

Overview

Broader offerings: Regulators and exchange managers work to maintain Dubai’s position as a regional finance centre
OBG
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Dubai’s status as a financial centre rests to a large extent on its advanced capital markets. The city’s various trading floors have played a regionally important role as pioneers of new instruments and market processes, and succeeded in attracting investment from both home and abroad. Competition for scarce liquidity in the Gulf has, however, increased significantly over recent years. With other exchanges in the region overhauling their regulatory frameworks in order to harness investment…

Interview

Expanding opportunities: Hamed Ali, CEO, Nasdaq Dubai, on diversifying offerings
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Interview:Hamed Ali With sukuk (Islamic bonds) listings reaching $51.2bn worldwide, what steps are being taken to diversify sharia-compliant products? HAMED ALI: We have seen a positive performance for the sukuk market in 2019. The sukuk listings made during the first 10 months of 2019 amounted to a combined value of $12bn, outperforming the $11.7bn that was recorded over the entire course of 2018. Additionally, we have seen elements of innovation in the issuances of 2019. For example, we…

Analysis

Securing the future: Debt instruments help transform Dubai exchanges from simple long markets to investment platforms
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Despite the ubiquity of futures trading on advanced markets around the globe, they remain a relatively new concept in the Gulf. Futures represent an essential risk-management tool for fund managers, and their arrival to the region has long been anticipated by stakeholders. In this regard, Dubai has established itself as a regional pioneer, with three of its markets either offering futures products or providing a basis for futures products from other domestic exchanges. Hard Sell Critics…