- The Dubai Financial Market (DFM) reached its highest point in almost eight years, surpassing the 3,987 level, which is the highest since August 2015. This surge indicates growing investor confidence in the UAE's capital markets, driven by ongoing structural reforms and efforts to increase liquidity.
- The DFM has recorded an impressive gain of nearly 20 per cent this year, outperforming the MSCI World Index's growth of 12.6 per cent. This strong performance aligns with the robust performance of equity markets in GCC countries, which outperformed global indices in the previous year.
Why it matters
The surge in investments and positive market performance underscore the UAE's attractiveness to global investors and the region's commitment to enhancing its capital markets through ongoing reforms, thus promoting economic growth and stability in the region.
