Watch: Why is Dubai Financial Market 1 of 5 worst indexes globally in 2018?
Merrill Lynch Managing Director Frontier Markets Hootan Yazhari weighs in on the Middle East’s equity markets and Dubai Financial Market (DFM). He speaks on “Bloomberg Daybreak: Middle East.”
The rise of Saudi and Egypt as top markets and Middle East choices for equity investors is taking a toll on Dubai Trading on the DFM.
DFM dwindled to its lowest point since September 2015.
DFM slumped about 8% this year making it one of the 5 worst performing indexes in the world!
What is happening here and what will bring DFM back?
What has Foreign Ownerhsip Limit (FOL) to do with spurring investments?