The net investments of non-Arab foreigners in UAE stocks have reached about 6 billion dirhams / 1.63 billion dollars / since the beginning of the year 2021 until the date of July 5, according to the figures documented by the financial market records in both Abu Dhabi and Dubai.
According to the Emirates News Agency, this value recorded in net foreign investments is the highest in the financial markets, which reflects the great demand from portfolios and investment funds to invest in Emirati stocks to achieve greater Amount of returns.
Foreigners with American and British citizenship are the most active in terms of investing in the UAE financial markets, as their net investments by the end of the first half of this year exceeded 1.9 billion dirhams, noting that Ownership of these investments is divided between portfolios, investment funds and individuals.
The UAE financial markets top the list of the most distributed returns to investors compared to the rest of the markets in the Gulf region and the Middle East, making it a preferred destination for all portfolios and investment funds from different countries of the world. .
The market had earlier reported that the number of foreign nationalities invested in it had exceeded 97 by the end of the first half of 2021.
The official figures issued by the financial markets show that the increase in net investment by non-Arab foreigners came as a result of the total value of their trading in the Abu Dhabi and Dubai financial markets exceeding 61.8 billion dirhams / 16.8 billion dirhams. Billion dollars / since the beginning of the year until the date of July 5.
The trading of non-Arab foreigners accounted for about 34.7% of the total trading value for all categories of investors in the markets since the beginning of the year 2021 until the date of July 5th.