Dubai Financial Market (DFM) yesterday received a high level delegation of major securities companies from China, who met DFM's senior management to share knowledge and explore opportunities for collaboration. The visit is part of the continued efforts to develop cooperation between DFM and international financial markets.
Dubai Financial Market (DFM) yesterday received a high level delegation of major securities companies from China, who met DFM's senior management to share knowledge and explore opportunities for collaboration. The visit is part of the continued efforts to develop cooperation between DFM and international financial markets.
The twelve senior delegation members attended a presentation on the market operations, development initiatives and future plans in the presence of Mrs Fahima Al Bastaki, Senior Vice President of Market Development division, and Mr Jamal Ibrahim Al Khadhar, Senior Vice President of Product Development division, along with other DFM officials.
Members of the delegation representing leading securities companies based in China included General Managers, Vice Presidents and analysts from Orient Securities, Donghai Securities, Everbright Securities, Gutai Junan Securities, Hai Tong Securities, SW Securities, Industrial Securities, Zhejiang Securities, BOC international Securities, and Xiangcai Securities.
The discussions touched upon various topics related to the Asian and Middle Eastern financial markets, the DFM and the key role of securities companies. The visit also included a tour of DFM's trading floor.
Mrs Fahima Al Bastaki, Senior Vice President, Market Development Division, DFM, said:
"DFM is delighted to welcome the delegation from China. We are always keen to develop long term partnerships with international financial companies and explore opportunities for greater co-operation to enhance international best practices, share knowledge and expertise as well as financial investment. The visit was a great opportunity to update the Chinese delegation on the sound economic fundamentals in Dubai and the role of the emirate as a gateway to the Middle East markets."
"We had a fruitful discussion that covered the leading role of DFM in developing the financial markets in this part of the world through various initiatives such as going public and listing of its own shares for the first time in the region, transformation into the first Islamic Shariah compliant exchange in the world, and most recently the acquisition of two thirds of Nasdaq Dubai to create a dynamic capital markets hub in the region," Al Bastaki added.
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