The net investments of non-Arab foreigners in local stocks rose to over AED15.54 billion since the start of 2022, WAM reported.
The volume of investments are a result of the UAE’s continued efforts to attract foreign investors and the strong performance of stock exchange-listed companies, supported by the “strength and robustness” of the country’s economic foundations.
Non-Arab foreign investors purchased local stocks worth AED70.276 billion from the beginning of the year to the end of last week, according to Abu Dhabi and Dubai financial markets.
Sales were valued at AED54.733 billion during the same period, along with a net investment of AED15.54 billion as purchase proceeds.
“The figures also showed that the purchases of non-Arab foreign investors in the Abu Dhabi Securities Exchange (ADX) amounted to some AED51.517 billion since the start of this year, compared to sales of about AED37.843 billion, with a net investment of AED13.673 billion as a purchase outcome,” WAM said in a statement.
Non-Arab foreign investors’ purchases in the Dubai Financial Market (DFM) were valued at AED18.758 billion since the start of this year.
Sales totalled to about AED16.889 billion, with a net investment of more than AED1.86 billion as a purchase outcome, WAM reported.
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