Search

Syrian Investors Emerge as Bigwigs in Dubai Stock Market

According to UAE Today newspaper, the total value of Syrian investments was approximately AED 6.5 billion, followed by Palestinians and Saudis who traded AED 5.7 billion and AED 5.2 billion each in Dubai
Syrian Investors Emerge as Bigwigs in Dubai Stock Market

Syrians came in the third place among Arab investors and fourth among all nationalities of investors in Dubai stock market in the first half of 2015, according to data published by Dubai Financial Market.

According to UAE Today newspaper, the total value of Syrian investments was approximately AED 6.5 billion, followed by Palestinians and Saudis who traded AED 5.7 billion and AED 5.2 billion each in Dubai.

Jordanians and Egyptians topped the list of Arab investors in Dubai stock market (12.2 percent), where the Jordanians came at the top with a trade volume of AED 14.7 billion (10.7 billion shares; 7.1 percent of total market capitalization), followed by the Egyptians with a trade volume of AED 10.5 billion (7.1 billion shares).

British investors ranked first among non-Arab investors and third among all nationalities, with a trade volume of AED 7.6 billion (2.6 billion shares).

According to the data, Emiratis were the top investors in Dubai stock market during the first half of 2015, with a trade volume of AED 108.6 billion (52.5 percent of total market capitalization).

The Inter-Arab Investment Guarantee Association released another noteworthy set of data showing that nearly 165.7 million U.S. dollars escaped Syria in 2014 and was invested in five Arab countries, constituting 8.3 percent of total Arab investment in these countries.

Helpful keywords