Mena equities

EIB is also looking into Mena equities due to attractive dividend yields that the stocks have to offer.

“Dividend yields are reaching attractive levels. The fundamentals and valuations are getting attractive. We are looking at the market closely to start building positions gradually,” Bargouti said.

The Dubai Financial Market has underperformed the regional and emerging market peers, with the Dubai index falling 18 per cent so far in the year.