Over 34,800 New Investor Accounts Established On DFM Over 8-Month Period #Dubai - Dubai City Guide
Guest Posts, Link Building, SEO, Pay-Per-Click campaigns
Advanced Search
Home / News / News Archive
News Archive
   

Over 34,800 New Investor Accounts Established On DFM Over 8-Month Period
(2 September 2023)

 

Brokerage firms in the Dubai Financial Market (DFM) witnessed a substantial influx of New Investor Number (NIN), totalling 34,818 during the first eight months of the current fiscal year.

This surge comes amidst heightened market activity following the listing of ten government and semi-government entities, including the Dubai Electricity and Water Authority (DEWA), TECOM Group Group, Union Coop, Salik, Empower, Taaleem and Al Ansari Financial Services, which significantly bolstered the market's appeal and attracted new types of investors.

Based on data provided by the DFM, the number of newly registered investor accounts saw an impressive growth rate, exceeding 51 percent during the first eight months of the year.

This compares to the 23,039 new accounts recorded during the corresponding period in 2022.

These newly opened accounts were distributed as follows: 4,295 in August, 3,570 in July, 4,246 in June, 5,349 in May, 4,246 in April, 6,591 in March, 3,436 in February, and 3,082 in January.

The financial entity, Emirates NBD Securities, claimed the lion's share of these new investor accounts during the first eight months of the year, totalling 8,115 accounts.

We accept Guest Posts


DubaiCityGuide.com is owned and managed by Cyber Gear



  All fields are mandatory
Your Name
Email
City
Country
Your Comments
 Max 250 characters - Word Count :
Image Verification
Change Image

     
 
email print
 

Sponsored By : PressReleaseNetwork.com           Sponsored Opportunities

       
       
   
       

Hotels hotels Check out Hotels in Dubai
Shopping shopping A complete Mall & Store Guide
Dining dining Eating out at the coolest spots
Sightseeing sightseeing Things to see & do
DCG Recommends dcg recommends Best of the best in Entertainment
News Alerts
News Alerts
Stay ahead with dubai news
dcg mobile
dcg Mobile
With you wherever you go
rss feed
RSS Feeds
Get the latest
dubai blog
Dubai Blog
Your space, your voice
sitemap
Sitemap
DCG at a glance