Watch: Why is Dubai Financial Market 1 of 5 worst indexes globally in 2018?

April 20, 2018 9:47 am


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?

Watch Video.

Read: For real? Is UAE 100% foreign business ownership moving out of free zones?

Read: Here’s how Brent oil prices will reach $80 before year end


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Hadi Khatib
By Hadi Khatib
Hadi Khatib is a business editor with more than 15 years' experience delivering news and copy of relevance to a wide range of audiences. If newsworthy and actionable, you will find this editor interested in hearing about your sector developments and writing about it.