DGAP-News: United Bank for Africa Plc (UBA) / Key word(s): Miscellaneous United Bank for Africa (UBA) Group Expands to EMEA, Launches Banking Operations in Dubai International Financial Centre
DGAP-News: United Bank for Africa Plc (UBA) / Key word(s): Miscellaneous United Bank for Africa (UBA) Group Expands to EMEA, Launches Banking Operations in Dubai International Financial Centre, Dubai 18.07.2022 / 13:37 The issuer is solely responsible for the content of this announcement. United.
DIFC Advances Dubai's Status as Preferred Global Financial and Innovation Hub with US Institutions difc.ae - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from difc.ae Daily Mail and Mail on Sunday newspapers.
Essa Kazim, Governor of DIFC, led a senior delegation on a US roadshow; The delegation met with senior executives from over 100 leading US financial services and tec.
<p><span><b>H</b><b>.</b><b>E</b><b>.</b><b> Essa Kazim </b><b>underlining key market performance indicators</b><b>:</b></span></p>
<ul>
<li><span><b>The Market Capitalization up 15% to AED 392.2 billion and the General Index advanced 14.2%</b></span></li>
<li><span><b>Net purchases of foreign investors amounted at AED 1.3 billion with 47.5% market share of trading value</b></span></li>
<li><span><b>3799 new investors joined the market, 66% of them are international investors</b></span></li>
<li><span><b>Foreign institutions accounted for 81% of </b><b>the </b><b>467 new institutions signed up this year</b></span></li>
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