DFM kicks off REIT trading with Al Mal Capital unit listing
DUBAI, January 18, 2021 Dubai Financial Market (DFM) on Monday (January 18) hosted a bell ringing ceremony to celebrate the commencement of Real Estate Investment Trusts (REITs) trading with the listing of Al Mal Capital’s REIT. The introduction of REITs is a key milestone in DFM’s journey to diversify product offering and asset classes, broadening the scope of opportunities offered to its vast investor base of local and international investors. Khalid bin Kalban, the Vice Chairman and CEO of Dubai Investments and Chairman of Al Mal Capital, rang the market opening bell in the presence of senior DFM officials including Chairman Essa Kazim and CEO Hassan Al Serkal in addition to Al Mal Capital Vice Chairman and CEO Naser Al Nabulsi and Nasdaq Dubai CEO and DFM Deputy CEO Hamed Ali.