Dubai capital market receives a new vote of confidence from international institutions in London

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1 DFM Roadshow in London connects listed companies with international investors: Dubai capital market receives a new vote of confidence from international institutions in London International institutions plan to further strengthen their presence on DFM in line with the outstanding and sustainable performance of the national economy His Excellency Essa Kazim: The wise national leadership successfully managed to neutralize the implications of low oil prices in Dubai and the UAE due to effective diversification policies, which maintains and reinforces their achievements and creates an excellent environment for sustainable growth Fahima Al Bastaki: DFM encourages high level of openness amongst listed companies in order to regularly update investors and analysts as well as the expansion in implementing Investor Relations tools Ahmad Al Matrooshi: Through Emaar s participation in the roadshow, we highlighted the robust fundamentals of the company, and our expansion plans through megadevelopments in UAE and other global markets Adel Al Ali: This roadshow once again highlights the appetite among international investors to participate in UAE equities Dubai 25 May 2016: International institutions are looking to further strengthen their presence in Dubai s capital markets in line with their growing confidence about the outlook of the national economy, its ability to maintain high growth

2 rates as well as its great resilience in adapting to global developments due to its enormously diversified structure that includes various dynamic and highly growing sectors. Representatives of international institutions participating in the Dubai Financial Market (DFM) International Investor Roadshow, which successfully concluded in London last week, have widely commended the great development DFM has achieved in terms of comprehensive infrastructure, in line with international best practices as well as its high level of accessibility. International investors can easily access the lucrative opportunities of DFM-listed companies and participate in the impressive and sustainable economic momentum in Dubai. Organized in collaboration with Goldman Sachs, the roadshow contributed in strengthening the links between listed companies on DFM and Nasdaq Dubai on one hand and London-based international institutions on the other. International fund managers have welcomed the positive developments achieved by listed companies in terms of performance, profitability and expansion in embracing Investor Relations best practices, as these companies have been

3 extremely committed to connect with the investment community through DFM roadshows since His Excellency Essa Kazim, Chairman of DFM, has expressed his pleasure at the positive outcome of this event, especially the encouraging feedback from intentional fund managers about the economic environment in Dubai and the United Arab Emirates. The national economy is maintaining its excellent and sustainable performance despite any unfavorable circumstances unrelated to its sound fundamentals, which is clearly demonstrated through the ability to overcome the implications of low oil prices. Generally, various types of investors are usually looking to assess the implications of global developments including the low oil prices on the markets. H however, the wise national leadership successfully managed to neutralize this factor in Dubai and the UAE due to their effective diversification policies, which in turn maintains and reinforces the achievements and creates an excellent environment for sustainable growth. These factors are at the top of international institutions considerations while allocating their assets across international markets. Accordingly, we are optimistic in regards to DFM s ability to further attract foreign investments in the coming period and fortifying its leading position

4 amongst stock markets in the region as a main destination for foreign investments, His Excellency Essa Kazim added. The high level of interaction between listed companies and international institutions reflects the great and continuous success of investor roadshows as an effective platform to strengthen links between the two sides. DFM is always encouraging a high level of openness amongst listed companies in order to regularly update investors and analysts on recent developments and growth strategies as well as the expansion in implementing Investor Relations tools that keeps such companies well-informed about current and potential investors, said Fahima Al Bastaki, Executive Vice President, Head of Business Development Division, DFM. Ahmad Al Matrooshi, Managing Director, Emaar Properties said: The tremendous response to the roadshow organised by DFM is a testament to international investor confidence in Dubai. The long-term, growth-oriented outlook of the leadership, underlined by the Dubai Plan 2021, has catalysed inward investments. The preparations for the Expo 2020 Dubai also serve as a magnet for global collaborations. Through Emaar s participation in the roadshow, we highlighted the robust fundamentals of the company, our expansion plans

5 through mega-developments in UAE and other global markets, and our diversified interests in shopping malls and hospitality that add to our recurring revenues. This will support us in building investor trust in all our strategic growth initiatives. Adel Al Ali, Group Chief Executive Officer, Air Arabia, said: This roadshow once again highlights the appetite among international investors to participate in UAE equities. The Air Arabia delegation was impressed by how knowledgeable investors in London are about the Middle East s aviation industry, and we were highly encouraged by their response to our investment proposition. - Ends- About Dubai Financial Market: Dubai Financial Market (DFM) was established as a public institution with its own independent corporate body. DFM operates as a secondary market for the trading of securities issued by public shareholding companies, bonds issued by the Federal Government or any of the local Governments and public institutions in the country, units of investment funds and any other financial instruments, local or foreign, which are accepted by the market. The DFM commenced operations on March 26, Following its initial public offering in November 2006, when DFM offered 1.6 billion shares, representing 20 per cent of its paid-up capital of AED 8 billion, DFM became a public joint stock company. Following the IPO, the Government of Dubai retained the remaining 80 per cent of DFM Company through Borse Dubai Limited. For further information, please contact: Atef Fathy Vice President Head of Media & Public Relations Dubai Financial Market Tel: afathy@dfm.ae