Dubai has improved its standing as one of the world’s top financial hubs and reinforced its position as a key regional centre for banking services, according to a recent survey on the global finance industry.
Dubai has improved its standing as one of the world’s top financial hubs and reinforced its position as a key regional centre for banking services, according to a recent survey on the global finance industry.
With some analysts suggesting that the 2017-20 period could see as much as $480bn in combined government expenditure across the GCC – with $288bn of that to be spent in transport and infrastructure projects alone – the region clearly maintains a considerable appetite for major capital investment.
Dubai’s capital markets are seeing innovation in a range of spheres, witnessing the launch of new fundbased products on its primary exchanges, as well as new types of futures contracts on both Nasdaq Dubai and the emirate’s derivatives-focused exchanges.
What are your expectations with respect to initial public offerings (IPOs) in the near future?
How much is the growth in both conventional and Islamic government debt issuance set to encourage corporates to use debt instruments?
How will the expansion of DFM’s sharia-compliant standards impact the growth of Islamic finance?
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×