Capital Markets

Capital markets in Dubai are spread across multiple exchanges, each with an emphasis on a different asset class. With this structure established and still growing, the aim is to boost activity in all asset classes, and to create an overall offering with the breadth and depth to rival major global financial centres. For now, most securities trading is governed by external factors, foremost among them being oil prices. Equities values in particular have tended to rise and fall with the price of crude. Building long-term liquidity – the presence of enough securities and investors to make buying and selling easy, fast and free from price distortion – is the goal for most emerging markets such as Dubai, and the emirate is deploying a multi-faceted strategy to achieve this. This chapter contains an interview with Hamed Ali, CEO, Nasdaq Dubai.