Sharjah 24 – WAM: The net investments of non-Arab foreigners in local stocks rose to over AED15.54 billion since the start of 2022, in light of the UAE’s investment attractiveness and the strong performance of listed companies, supported by the strength and robustness of the country’s economic foundations.
According to Abu Dhabi and Dubai financial markets, non-Arab foreign investors purchased local stocks worth AED70.276 billion from the beginning of the year to the end of last week, compared to sales of some AED54.733 billion during the same period, with a net investment of AED15.54 billion as purchase proceeds.
The figures also showed that the purchases of non-Arab foreign investors in the Abu Dhabi Securities Exchange amounted to some AED51.517 billion since the start of this year, compared to sales of about AED37.843 billion, with a net investment of AED13.673 billion as a purchase outcome.
The purchases of non-Arab foreign investors in the Dubai Financial Market totalled some AED18.758 billion since the start of this year, compared to sales of about AED16.889 billion, with a net investment of more than AED1.86 billion as a purchase outcome.
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