DFM and Nasdaq Dubai to host investors in New York

Dubai Financial Market (DFM) and Nasdaq Dubai will hold the Borse Dubai International Investor Conference New York 2009 on November 2 and 3, in co-operation with Citigroup Global Markets and Goldman Sachs.

The event will allow senior executives of listed companies on both exchanges to update New York-based fund managers and other investors on their companies' successes and prospects.

The event is the latest of DFM's annual series of international roadshows that have taken its listed companies to leading financial centres such as London and New York. Nasdaq Dubai, the region's international exchange, is taking part for the first time. Both exchanges are majority-owned by Borse Dubai; Nasdaq Dubai is one-third owned by Nasdaq OMX.

The previous roadshows played a major role in bringing DFM onto the radar of international investors and helped to turn the exchange into the main destination for foreign investment in the Gulf Co-operation Council.

More than 30 senior executives representing 14 listed companies on DFM and Nasdaq Dubai will take part in the two-day event.

"We are confident that this year's event will meet the usual success and further cement DFM and Nasdaq Dubai's position as the main destination for foreign investment in the region," said Essa Kazim, Executive Chairman , Borse Dubai and Executive Chairman of DFM.

Jeff Singer, Chief Executive of Nasdaq Dubai, said: "The conference will provide information about a range of listed companies in a wealthy and growing region. Many leading global and regional investment banks are members of Nasdaq Dubai, allowing access to its market. As the region's international exchange, operating to high regulatory standards, Nasdaq Dubai is a gateway for capital to enter the GCC."

The event will include an overview of the regional economy as well as presentations by Kazim and Singer focusing on growth prospects of both exchanges.

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