Sun 26 Sep 2010 07:52 AM
Essa Kazim
19

Essa Kazim

Industry: Financial Markets

Designation: Earlier this summer, Dubai Financial Market (DFM) bought Nasdaq OMX's one-third stake in Nasdaq Dubai and the two bourses switched to a single trading platform to try and boost market turnover.

Country: United Arab Emirates

Occupation: Earlier this summer, Dubai Financial Market (DFM) bought Nasdaq OMX's one-third stake in Nasdaq Dubai and the two bourses switched to a single trading platform to try and boost market turnover.

$127,059

Dubai Financial Market

UAE

Earlier this summer, Dubai Financial Market (DFM) bought Nasdaq OMX's one-third stake in Nasdaq Dubai and the two bourses switched to a single trading platform to try and boost market turnover.

DFM is the Arab world's only publicly-traded listed exchange, and reported an 80 percent drop in net profits due to declining trading volumes. First half net profit sank by 57 percent overall to $21.6m. However, Essa Kazim, the charismatic DFM CEO said that these results had been entirely down to the effort required to integrate the two bourses. Still, DFM is still packing in profit where it counts - the bourse raked in a $127,059 return on each of its 170 employees.