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Mon 31 Mar 2014 01:25 PM

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Dubai bourse operator to hold investors roadshow in London

Dubai Financial Market says execs from 13 listed companies will meet investors in UK on April 28-29

Dubai bourse operator to hold investors roadshow in London

Bourse operator Dubai Financial Market (DFM) will hold a roadshow for international investors in London together with Goldman Sachs to showcase companies listed in the emirate, it said on Monday.

Executives from 13 companies listed on the DFM and NASDAQ Dubai will meet investors on April 28-29, it said.

United Arab Emirates bourses are expected to attract more foreign money from May, when international equity index compiler MSCI is due to upgrade the UAE to emerging from frontier market status.

The daily average value of stocks traded on the DFM this year has jumped 424 percent to AED1.79 billion ($487 million) from AED341 million a year earlier, the DFM said.

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