1.68 billion dirhams, foreign investments since the beginning of 2021

Foreign investments in the UAE market reached 1.68 billion dirhams since the beginning of the year 2021 until yesterday, according to the figures issued by the Abu Dhabi and Dubai financial markets.

According to the Emirates News Agency, quoting the same source, the recorded increase in the net investment of non-Arab foreigners came as a result of the large increase in the value of their trades, which amounted to 12.5 billion dirhams, both buying and selling. From the beginning of the year 2021 until yesterday.

foreign trades during the monitoring period accounted for 28.7% of the total deals concluded in the financial markets, which amounted to 43.53 billion dirhams, both buying and selling.

The figures showed that the net value of non-Arab foreign investments in the Abu Dhabi Stock Exchange reached about 970 million dirhams from the beginning of this year until yesterday.

The net foreign investment recorded in the capital market came as a result of purchases of 4.87 billion dirhams against sales of approximately 3.9 billion dirhams during the monitoring period.

and in the Dubai Financial Market, net foreign investments amounted to about 710 million dirhams, according to the figures issued by the market during the same monitoring period, which came as a result of purchases worth 2.22 billion dirhams and sales 1.51 billion dirhams.