Dubai to launch hub for capital market activities
dubai — Nasdaq Dubai on Monday announced it would create a platform for capital market, economic and business thought leadership. Called Market Site, the venue in Dubai International Financial Centre (DIFC) would feature an event space for corporate functions and seminars as well as broadcasting studio facilities.
Scheduled to launch in the first quarter of 2018, Market Site will facilitate in-depth reporting of financial and business news across the MEASA region through collaboration between Nasdaq Dubai and international and regional television broadcasting companies.
Market Site will also host marketopening bell-ringing events from an arena, where senior executives can celebrate IPOs and other listings, and individuals and organisations can make announcements.
In addition, seminars, roundtables and educational forums held at Market Site by Nasdaq Dubai and other organisations will provide thought leadership in topics of interest to the financial and business community in the MEASA region and beyond, including Islamic finance, asset class innovation and ways of strengthening global business and financial links.
Hamed Ali, CEO of Nasdaq Dubai, said: “As the region’s financial markets expand rapidly in size and sophistication, Market Site will meet a growing need for a premier facility for thought leadership, events and information as well as providing visibility for issuers. The DIFC is the leading financial markets hub of the region, making it the ideal venue for the Nasdaq Dubai Market Site as a platform that broadcasts business and financial news as well as hosting discussions and seminars on the economy, financial services and business scene.”
Market Site will give over 1,600 active registered companies and 21,600 professionals in DIFC the chance to take advantage of a stateof-the-art venue.
DIFC has played an integral role in shaping the financial services landscape, not just in the UAE but also in the broader Middle East, Africa and South Asia region, a market that is worth $7.4 trillion. The Market Site will enable the Centre to further enhance its reputation as a stable, innovative platform for financial
Market site will meet a growing need for a premier facility for thought leadership, events and information as well as providing visibility for issuers Hamed Ali, CEO of Nasdaq Dubai
firms to access high-growth emerging markets in the region.
Arif Amiri, CEO of DIFC Authority, said: “This is an exciting development for Nasdaq Dubai and its market participants, and one that we are delighted to host within DIFC’s existing infrastructure. The new Market Site venue will provide facilities to help the financial community and beyond to share and exchange knowledge.
“Bringing financial players together sits right at the core of DIFC’s strategy and our mission to be a leading catalyst for regional economic growth, and we are pleased that Nasdaq Dubai is actively pursuing the same goal. Market Site is a welcome addition as DIFC moves forward on the delivery of our 2024 Strategy.”
Market Site and all other Nasdaq Dubai operations will be located inside The Exchange building, currently under construction in DIFC.
— business@khaleejtimes.com