Dubai Stock Exchange

Dubai Stock Exchange information guide can help you find information about Dubai Stock Exchange jobs, Dubai Stock Exchange market, stock exchange index, stock exchange trading hours timings, address, location map, website, annual report, stock market analysis, stock exchange brokers, stock exchange companies list stock exchange careers, stock market listed companies, stock exchange online trading, stock market forecast, stock exchange listing requirements, guide Dubai stock market investment and dubai stock market latest news

Dubai Stock Exchange

Dubai Stock Exchange information guide can help you find information about Dubai Stock Exchange jobs, Dubai Stock Exchange market, stock exchange index, stock exchange trading hours timings, address, location map, website, annual report, stock market analysis, stock exchange brokers, stock exchange companies list stock exchange careers, stock market listed companies, stock exchange online trading, stock market forecast, stock exchange listing requirements, guide Dubai stock market investment and dubai stock market latest news

Dubai Stock Exchange or Nasdaq Dubai is the international financial exchange in the Middle East. It allows companies to benefit from a unique investor pool that combines regional and international wealth, making it a globally unique platform for companies to raise money and for investors to find exciting opportunities.

Dubai bridges the east and west and excels in areas such as trade, transport, tourism and real estate as well as financial services. In Dubai Stock Exchange, it brings together the best of international standards with regional knowledge and understanding, supporting the growth of listed companies in the region and beyond.
su_spacer size=”5″]





Dubai Stock Exchange

The Dubai Stock Exchange’s broad investor base sets it apart from others. As well as investors in the UAE and the region, those in the US, Europe, Asia and elsewhere can easily trade its securities. This gives its listed companies instant recognition and visibility around the world, supported by the international Nasdaq brand name.

Dubai Stock Exchange information guide can help you find information about Dubai Stock Exchange jobs, Dubai Stock Exchange market, stock exchange index, stock exchange trading hours timings, address, location map, website, annual report, stock market analysis, stock exchange brokers, stock exchange companies list stock exchange careers, stock market listed companies, stock exchange online trading, stock market forecast, stock exchange listing requirements, guide Dubai stock market investment and dubai stock market latest news

Company owners have freedom to raise capital in the way that suits them. They can choose the price at which to sell shares in an IPO, and keep control of the company afterwards. Underpinning the exchange is a regulatory framework that is second to none, giving confidence to issuers and investors alike that their interests are being looked after.

As a leader in innovation, Dubai Stock Exchange offers a wide product range. Companies can raise capital through shares, Sukuk and bonds. Exchange-traded funds, derivatives, exchange-traded commodities as well as Real Estate Investment Trusts (REITs) can be listed and traded too.

Dubai Stock Exchange is ideal for many types of companies, from family businesses to conglomerates, government entities and high growth businesses. Your company no longer has to look overseas for an international listing. Nasdaq Dubai is here to offer that in the region, closer to your base.

The Dubai Stock Exchange is located in the Dubai International Financial Centre (DIFC), which has an independent commercial legal system based on English law. The exchange is regulated by the Dubai Financial Services Authority (DFSA), which operates to the highest international standards. The majority shareholder of Nasdaq Dubai is Dubai Financial Market with a two-thirds stake. Borse Dubai owns one third of the shares.

Dubai Stock Exchange information guide can help you find information about Dubai Stock Exchange jobs, Dubai Stock Exchange market, stock exchange index, stock exchange trading hours timings, address, location map, website, annual report, stock market analysis, stock exchange brokers, stock exchange companies list stock exchange careers, stock market listed companies, stock exchange online trading, stock market forecast, stock exchange listing requirements, guide Dubai stock market investment and dubai stock market latest news

Why Dubai Stock Exchange

As the region’s international financial exchange, Dubai Stock Exchange offers your business a unique set of advantages that will maximise the benefits it receives. Wherever in the world your business is based, and in whichever sectors it operates, Dubai Stock Exchange welcomes you.

Unique mix of regional and international brokers. More than 500,000 regional individual investors and thousands of institutional investors around the world can trade together on the exchange.

Your international listing journey starts with Dubai Stock Exchange. Based on international practice, Nasdaq Dubai can open the door to an easy listing on other leading exchanges around the world.

Dubai Stock Exchange allows a ‘book build’ valuation. Issuers can price the IPO according to market demand, rather than a lower value imposed by an external authority as on many other exchanges.

Only 25% of a company’s shares need to be sold. Owners can retain a majority of the shares after IPO, whereas on many other exchanges they must give up more than 50%.

List in the Middle East’s business capital. A Dubai listing puts you at the heart of the Middle East’s most dynamic economic and financial centre.

The world’s leading trading technology in action. Trading takes place on the world-class X-Stream trading platform that powers the world’s leading exchanges.

Unique choice of products beyond shares. The platform enables the listing of a diverse range of asset classes beyond shares, such as derivatives, ETFs, REITs, bonds and Sukuk.

The runway for companies with international vision. The reduced IPO minimum market capitalisation of USD 10 million opens the gate for rapidly expanding businesses.

Dubai Stock Exchange information guide can help you find information about Dubai Stock Exchange jobs, Dubai Stock Exchange market, stock exchange index, stock exchange trading hours timings, address, location map, website, annual report, stock market analysis, stock exchange brokers, stock exchange companies list stock exchange careers, stock market listed companies, stock exchange online trading, stock market forecast, stock exchange listing requirements, guide Dubai stock market investment and dubai stock market latest news

Dubai Stock Exchange Listing Criteria

Dubai Stock Exchange has established minimum requirements that must be met by all companies applying to admit their securities on the exchange. These requirements meet international standards without being unduly onerous.

INITIAL PUBLIC OFFERING (IPO) – In order to IPO on Nasdaq Dubai a company must meet a number of criteria that are set out by the DFSA, the exchange’s regulator, in line with international standards. They include a requirement that the company must have a market capitalisation of at least USD 10 million and that it must normally list at least 25% of its shares. Further DFSA requirements are set out below:

An IPO on Nasdaq Dubai requires the publication by the company of a formal document offering its shares for sale, known as a prospectus. A prospectus is a company’s key marketing tool in its IPO. It contains important information about the issuer, to provide investors with an informed basis on which to decide whether or not they wish to invest, and at what price.

The publication of a prospectus requires the approval of the DFSA. The table below shows many of the prospectus requirements:

The DFSA may, in its discretion, require a ‘sponsor’ to be appointed by a company that wishes to IPO. A sponsor, which is typically an advisory firm such as an investment bank, must satisfy itself that the company has complied with listing regulations, such as the DFSA’s Markets Rules.

Foreign Ownership – The DFSA imposes no restrictions on foreign ownership of listed companies, and there are no foreign ownership restrictions under DIFC law for holding companies incorporated in the DIFC. Companies incorporated in other free zones in the UAE are also not subject to foreign ownership restrictions. However, companies based elsewhere in the UAE may be subject to foreign ownership limits under UAE law, whereby no more than 49% of a company may be owned by foreign nationals. In practice, this may mean that a listed DIFC holding company which owns a UAE company that is not incorporated in a free zone may itself need to be 51% UAE-owned, to satisfy UAE company law requirements.

Admission to Trading – A company that wishes to IPO must satisfy Nasdaq Dubai, under the exchange’s Admission and Disclosure Standards (ADS), that conditions exist for sufficient supply and demand for the securities.

In order to meet these conditions a company must:

Have a sufficient minimum number of shareholders, each holding securities of the company with a value of at least USD2,000; or
Appoint one or more market makers. A market maker is a broker that continuously provides both bid and offer orders in a stock.
As guidance, Nasdaq Dubai considers that 250 is a sufficient minimum number of shareholders and can permit a lower number at its discretion.

SUKUK AND CONVENTIONAL BONDS – In order to list Sukuk or conventional bonds on Nasdaq Dubai, a company must meet a number of criteria for listing debt that are set out by the DFSA, the exchange’s regulator, in line with international standards. They include a requirement that the market capitalisation must be at least two million USD and that the issuer must normally provide three years of audited accounts.

– The issuer should also provide sharia’a certification, if applicable.
– The issuer should also satisfy Nasdaq Dubai’s Admission and Disclosure Standards (ADS).

FUNDS – In order to list funds on Nasdaq Dubai, a company must meet a number of criteria that are set out by the DFSA, the exchange’s regulator, in line with international standards. The funds should also satisfy Nasdaq Dubai’s Admission and Disclosure Standards (ADS). Funds can be equity, bond or hedge funds as well as exchange-traded funds or Real Estate Investment Trusts (REITs). The Units of a Fund may be admitted to the DFSA’s Official List and Admitted to Trading on Nasdaq Dubai if:

– In the case of a Domestic Fund, it is a Public Fund; and
– In the case of a Foreign Fund:
– It is a Designated Fund from a Recognized Jurisdiction; or
– It is a Fund approved by the DFSA as a Fund subject to equivalent regulation as that applying to a Public Fund; and
– It meets the criteria of a Property Fund, it is a closed-ended investment vehicle and 60% or more of the Fund’s assets comprise Real Property;
– The Fund is compliant with the relevant DFSA Collective Investment Rules

Who Should List in Dubai Stock Exchange

Dubai Stock Exchange is designed to offer unique listing benefits to companies located anywhere, from the UAE including its free zones, to other countries in the Middle East and around the world. All benefit from the advantage of global visibility supported by a listing in the business capital of the region.

The Dubai Stock Exchange’s international business model allows all company owners to choose their share price in an IPO and keep control of the business afterwards. All types of listing can benefit from investment from the exchange’s wealthy region and from international investors too.

With its wide investor base the exchange can fuel the growth of companies in all sectors, from construction and consumer goods to healthcare, financial services, industrials, leisure and many others. Whether you are a business in the UAE, GCC, wider Middle East, India, China, the US, Europe or elsewhere, Nasdaq Dubai welcomes you.

Private Companies in Dubai Stock Exchange

Dubai Stock Exchange is an ideal listing venue for private companies of varying size, including multinationals, smaller enterprises and family businesses. The wide reach of the exchange supports all the business and geographical needs of private companies, including a higher public profile through increased publicity and global visibility as soon as they list. Nasdaq Dubai provides an opportunity to expand your business and product offerings into a wider market.

INITIAL PUBLIC OFFERINGS (IPOs)

Owners can raise capital for growth while retaining control of their company (only 25% of the shares need to be floated)
Minimum market capitalisation as little as USD 10 million
Owners can sell some of their own shares in the IPO if they wish
Owners can choose the IPO share price themselves
Unique access to regional and international investors facilitates active trading

REAL ESTATE INVESTMENT TRUSTS

Real Estate Investment Trusts (REITs) are a type of property fund. They own and manage properties. Investors in REITs receive the income from these properties through dividend distributions. Benefits of investing in REITs include:

Dividend yields historically higher than for shares
Simplicity – REITs are bought and sold on exchange just like shares
Lower costs than buying and selling property directly
Greater liquidity than if you invest directly into property
Diversification through the multiple properties held in the fund

BONDS AND SUKUK

As an alternative to an IPO, companies can raise capital by issuing a conventional bond or a Sukuk (Shariah-compliant bond). The issuer must pay back the capital at an agreed date and in the meantime, depending on the terms, also makes other regular payments. Bond and Sukuk issuance grew rapidly in the Middle East in 2012 to USD 38.6 billion, a 26% increase over 2011.

Bonds and Sukuk with a value of more than USD 11 billion are listed on Nasdaq Dubai, making the exchange a leader in the sector. Its links with Euroclear and Clearstream, which provide international securities services for investors, provide excellent transfer and other facilities. The exchange’s other advantages for issuers include:

Minimum capital raise as little as USD 2 million
Choice of USD or other currency
Choice of single listing or programme of listings
GOVERNMENT AND SEMI-GOVERNMENT ENTITIES

Nasdaq Dubai is an ideal listing venue for government and semi-government entities. Listed status raises visibility and enhances the government’s reputation for transparency, supporting its ranking in international governance comparisons.

INITIAL PUBLIC OFFERINGS (IPOs)

Government can raise capital for growth while retaining control of the company (only 25% of the shares needs to be floated)
Government can sell some of its own shares in the IPO if it wishes
Government can choose the IPO share price itself
Unique access to regional and international investors facilitates active trading

REAL ESTATE INVESTMENT TRUSTS (REITs):

Real Estate Investment Trusts (REITs) are a type of property fund. They own and manage properties. Investors in REITs receive the income from these properties through dividend distributions.

Benefits of investing in REITs include:

Dividend yields historically higher than for shares
Simplicity – REITs are bought and sold on exchange just like shares
Lower costs than buying and selling property directly
Greater liquidity than if you invest directly into property
Diversification through the multiple properties held in the fund

BONDS AND SUKUK

As an alternative to an IPO, government and semi-government entities can raise capital by issuing a conventional bond or a Sukuk (a Shariah-compliant bond). The issuer must pay back the capital at an agreed date and in the meantime, depending on the terms, also makes other regular payments. Bond and Sukuk issuance grew rapidly grew rapidly in the Middle East in 2012 to USD 38.6 billion, a 26% increase over 2011.

Bonds and Sukuk with a value of more than USD 11 billion are listed on Nasdaq Dubai, making the exchange a leader in the sector. Its links with Euroclear and Clearstream, which provide international securities services for investors, provide excellent transfer and other facilities. The exchange’s other advantages for issuers include:

Choice of USD or other currency
Choice of single listing or programme of listings

Benefits of Being a Listed Company

Nasdaq Dubai’s market offers many benefits for companies that wish to IPO.

Maintain control of your company by selling as little as 25% of its shares when you list or more if you prefer. Certain other exchanges require a sale of more than 50%. List without any foreign ownership restrictions imposed by the exchange (though UAE law restricting foreign ownership applies in some circumstances). Choose between a book building process, which enables you to sell shares at their market value when you IPO, or a fixed price.

Sell some of your own shares in the IPO, as well as issue new shares. Certain other exchanges do not permit owners to sell their own shares in an IPO.

Leverage the ‘Nasdaq’ brand to support your international status. Increase your exposure by ringing the Nasdaq opening or closing Bell in New York and advertise on Nasdaq’s dramatic video tower in Times Square. Publicise your brand and trading symbol on Nasdaq Dubai’s and DFM’s trading platform and websites.

Link to investors in the region and across the world through nearly all the largest UAE brokers and largest global investment banks. Large companies may be eligible to join the FTSE Nasdaq Dubai UAE 20 index, which is designed to attract international as well as regional investors. Participate in investor conferences organised by the exchange and leading investment banks and other advisors.

Two Exchanges, One Market – Nasdaq Dubai shares are traded on the DFM platform, placing them in a pool of more than 70 companies listed on the two exchanges. The platform links more than 500,000 registered DFM individual investors in the region with Nasdaq Dubai’s institutional investors around the world, providing deep liquidity.

The traded value of DP World, Nasdaq Dubai’s largest company, was the 4th highest of all companies listed on the two exchanges in 2011. Unlike many other exchanges in the region, Nasdaq Dubai enables its listed companies to appoint brokers as market makers, which facilitate liquidity by maintaining both buy and sell orders simultaneously.

Nasdaq Dubai is regulated to international standards by the DFSA, the regulator in the DIFC free zone. The company and commercial laws that govern the DIFC, and therefore Nasdaq Dubai, are based on principles of English common law and tailored to the needs of the region.

The advantages of visibility and high standards of regulation apply to all types of listing on Nasdaq Dubai including bonds and Sukuk, exchange-traded funds, exchange-traded commodities, Real Estate Investment Trusts (REITs) and derivatives. All products that are tradable on the exchange also benefit from its strong links to regional and international investors.

Trading on Dubai Stock Exchange

Nasdaq Dubai offers opportunities to retail and institutional investors. Whether based in the UAE, in the rest of the Nasdaq Dubai region or elsewhere in the world, investors can choose from a range of securities. The exchange provides a unique set of advantages to help maximise total returns in all economic environments.

Trading on Nasdaq Dubai is similar to trading on Dubai Financial Market (DFM). Investors can start trading on Nasdaq Dubai by opening an investor account with a brokerage firm that is a Member of the exchange, and obtaining a NIN (National Investor Number) that is equally valid for both DFM and Nasdaq Dubai.

Investors who do not yet have an investor account can follow a simple process for opening one through DFM or Nasdaq Dubai, or apply through a brokerage firm.

How to trade REITs on Nasdaq Dubai

TRADING HOURS

10am to 2pm (6am to 10am GMT) from Sunday to Thursday

EQUITIES AND OTHER SECURITIES

Sunday to Thursday
09:00 – 09:30 Adjustment Period
09:30 – 09:55 Preopening Auction
09:55 – 10:00 No Cancellation Period
10:00 – 14:00 Continuous TradingOff Order Book Reporting permitted from 10:00 until 14:00

FUTURES

Sunday – Thursday
09:00 – 10:00 Adjustment
10:00 – 14:00 Continuous TradingOff Order Book Reporting permitted from 10:00 until 14:00

Investors – Frequently Asked Questions

WHAT IS NASDAQ DUBAI?

NASDAQ Dubai is the international stock exchange serving its region. It is located in the Dubai International Financial Centre (DIFC) and regulated by the Dubai Financial Services Authority (DFSA).

WHO OWNS NASDAQ DUBAI?

The majority shareholder of NASDAQ Dubai is Dubai Financial Market (DFM), which acquired two thirds of the shares in May 2010 from Borse Dubai and Nasdaq Group. Borse Dubai still owns one third of the shares. Nasdaq is a shareholder of DFM.

HOW IS NASDAQ DUBAI REGULATED?

NASDAQ Dubai operates with standards comparable to those of leading international exchanges in New York, London and Hong Kong. The exchange is regulated by the Dubai Financial Services Authority (DFSA), which is the independent regulator of all financial and ancillary services conducted to and from the DIFC.

WHAT ARE THE TRADING HOURS?

10:00am to 14:00pm (06:00am to 10:00am GMT) Sunday – Thursday. This means the exchange is often open when other markets around the world are closed.

Where there are changes to these timings, NASDAQ Dubai will issue a Circular notifying market participants. See all Notices and Circulars.

WHAT SECURITIES ARE LISTED ON NASDAQ DUBAI?

As a multi-asset class exchange NASDAQ Dubai offers various securities for trading:

See the full list of listed Equities, listed Debt Securities and listed Islamic Securities.

WHO CAN TRADE ON NASDAQ DUBAI?

It is easy to buy and sell securities on NASDAQ Dubai which is open to investors of any nationality based in any country. Investors just need to contact a broker which is a member of NASDAQ Dubai.

Check the full list of members on NASDAQ Dubai.

DOES NASDAQ DUBAI OR THE DFSA SET A FIXED AMOUNT THAT BROKERS CAN CHARGE THEIR CLIENTS?

No. It is up to the broker to decide.

WHO SHOULD AN INVESTOR CONTACT WHEN HE/SHE HAS A COMPLAINT ABOUT THEIR BROKER?

The investor should contact the regulator of the broker. Therefore, if it is a broker based in the DIFC, the investor should contact the DFSA ; if it is a UAE broker the investor should contact Emirates Securities and Commodities Authority (SCA). For further details, refer to our complaints section.

HOW IS AN IPO PRICED ON NASDAQ DUBAI?

The method of pricing an IPO is chosen by the issuer and its advisors. Bookbuilding is a commonly used mechanism on the exchange. Bookbuilding enables the issuer to assess the market value of its shares, by inviting investors to bid for the price and quantity of shares that they want. The issuer then chooses what share price to list at. Book building is a standard practice on international markets around the world.

Dubai stock exchange information guide to help you find dubai stock exchange jobs, stock exchange market, Dubai stock exchange index, Dubai stock exchange trading hours, stock exchange timings, stock exchange bar, stock exchange address, stock exchange website, stock exchange annual report, stock exchange app,  stock market analysis, stock market app, stock exchange closing auction, stock market technical analysis, Dubai stock exchange brokers, stock exchange building, stock market blog, stock market bear, stock exchange chart, Dubai stock exchange companies list, Dubai stock exchange companies, stock exchange code, Dubai stock exchange combined code, stock exchange data, stock exchange derivatives, dubai stock exchange difx, stock market expectations, stock exchange foreign ownership, stock exchange future, Dubai stock market forum, Dubai stock market forecast, stock market future, stock exchange graph, stock exchange hours, stock exchange holidays, stock exchange index live, stock exchange index chart, Dubai stock market investment and Dubai stock exchange location map.

Dubai stock exchange information guide to help you find dubai stock exchange live, stock exchange listed companies, stock exchange listing requirements, Dubai stock market latest news, stock market listed companies, stock market live chart, stock market location, stock exchange market cap, stock exchange market watch, stock exchange online trading, stock exchange opening hours, stock exchange official website, Dubai stock exchange opening times, stock market opening hours, stock market outlook, stock market opening times and Dubai stock exchange performance.

© 2017 Dubai Companies Directory. Dubai Business Directory powered by All Dubai.
error: Content is protected !!