Exchange Portfolio

Dubai Financial Market

The Dubai Financial Market (DFM) was established in March 2000 as a public institution with its own independent corporate body. DFM’s goal is to create a fair, efficient, liquid and transparent marketplace that provides choices through the best utilization of available resources in order to serve all stakeholders.

DFM operates as a secondary market for trading securities issued by public joint-stock companies, bonds issued by the Federal Government and Local Governments, units of investment funds, and any other financial instruments, local or foreign, which are accepted by the Market.

The majority shareholder of the Dubai Financial Market is Borse Dubai with a current stake of c. 80.66%.

Nasdaq Dubai

Formerly known as the Dubai International Financial Exchange (DIFX), Nasdaq Dubai is a United Arab Emirates based stock exchange connecting the Gulf Cooperation Council, wider Middle East and North Africa, Turkey, and the Indian Subcontinent. Established in September 2005, its standards are comparable to those of leading international exchanges in New York, London and Hong Kong. Located in a financial free zone, the Dubai International Financial Centre (DIFC), Nasdaq Dubai is regulated by the Dubai Financial Services Authority (DFSA).

Through Nasdaq Dubai, regional issuers can access regional and international investment. International issuers can access investment from the region, through a primary or secondary listing. Investors can trade on Nasdaq Dubai through a unique mix of regional and international brokers.

The majority shareholder of Nasdaq Dubai is DFM with a current stake of 66.67% and the balance held by Borse Dubai.

Nasdaq

Nasdaq is the world’s largest exchange company delivering trading, exchange technology and public company services. With headquarters in New York, Nasdaq owns and operates the Nasdaq stock market as well as seven European stock exchanges including Nasdaq Nordic and Nasdaq Baltic.

Borse Dubai currently holds a c.10% stake in Nasdaq.