Business | Markets
Dubai Financial Market investor base up 26.48% to 535,563
The Dubai Financial Market, the first regional exchange to go public and the leading Islamic financial market globally, yesterday said its investor base grew 26.48 per cent during 2008 to 535,563 in 2008, compared to 423,418 in 2007.
- Staff Report
- Published: 23:38 January 7, 2009
Dubai: The Dubai Financial Market, the first regional exchange to go public and the leading Islamic financial market globally, yesterday said its investor base grew 26.48 per cent during 2008 to 535,563 in 2008, compared to 423,418 in 2007.
DFM's latest statistics show that UAE investors accounted for 62.79 per cent of the total number of investors last year. It increased from 267,046 in 2007 to 336,304 in 2008.
DFM issued 69,258 new investor numbers for Emiratis in 2008, Omanis came second with 8,435 new investor numbers.
The number of Indian investors went up by 6,568 to 23,329 in 2008, compared to 16,761 in 2007.
Kuwaiti 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.
Saudi investors got 2,937 new numbers in 2008 to push the tally up to 39,285 in 2008, compared to 36,348 in 2007.
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