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UAE stock markets cross US$1 trillion milestone
(MENAFN- Golin Mena) UAE, Dubai, 19 November 2024 - The UAE's surpassing $1 trillion in market value is a pivotal milestone, cementing its position on the global financial stage. Traditionally recognized for its energy dominance, the region now offers diverse growth opportunities, balancing innovation and technology to help broaden its capital markets and, more importantly, growth for investors.
The UAE's geopolitical stability continues to enhance its appeal to international investors. Alongside its strategic location as a global trade hub, recent deals with the likes of Australia signify its growth plans. The region is uniquely positioned to attract capital and foster business innovation.
There is a clear ambition to turn the UAE into one of the leading global financial centers on the planet, and that commitment means we will continue to see opportunities arise in the region. That is underlined by the successful IPOs over recent years and by the prospects of other businesses, such as Etihad Airways and Talabat, set to come to market.
Josh added: ''I have no doubt that the market will continue to be a cornerstone for capital flows over the years ahead. For now, the region still plays a small role in global capital markets, but this growth underscores that investors should pay attention''.
The UAE's geopolitical stability continues to enhance its appeal to international investors. Alongside its strategic location as a global trade hub, recent deals with the likes of Australia signify its growth plans. The region is uniquely positioned to attract capital and foster business innovation.
There is a clear ambition to turn the UAE into one of the leading global financial centers on the planet, and that commitment means we will continue to see opportunities arise in the region. That is underlined by the successful IPOs over recent years and by the prospects of other businesses, such as Etihad Airways and Talabat, set to come to market.
Josh added: ''I have no doubt that the market will continue to be a cornerstone for capital flows over the years ahead. For now, the region still plays a small role in global capital markets, but this growth underscores that investors should pay attention''.
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