Business | Banking
Dubai Financial Market investor base up 26.48 per cent to 535,563 investor
The Dubai Financial Market, regional exchange to go public and Islamic financial market globally, revealed that numbers of investors showed a big leap of 26.48 per cent during 2008 to 535,563 from 423,418 in 2007.
- Staff Report
- Published: 18:13 January 7, 2009
Dubai: The Dubai Financial Market, regional exchange to go public and Islamic financial market globally, revealed that numbers of investors showed a big leap of 26.48 per cent during 2008 to 535,563 from 423,418 in 2007.
DFM latest statistics showed that UAE investors accounted for 62.79 per cent of the total number of investors last year, as UAE investor numbers increased from 267,046 in 2007 to 336,304 in 2008.
DFM issued 69,258 new investor numbers for UAE nationals in 2008, the Omanis came in second with 8,435 new investor numbers, bringing the total numbers to 37,860 in 2008 compared to 29,425 in 2007. Indians got 6,568 new investor numbers in 2008, bringing the total to 23,329 in 2008 compared to 16,761 in 2007.
Kuwait investors ranked in the fourth place by getting 4,329 new investor numbers in 2008, increasing the total to 12,654 compared to 8,325 in 2007, while Saudi investors got 2,937 new numbers in 2008 to raise the total to 39,285 compared to 36,348 in 2007.
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