Emirates News Agency – Net foreign investment in local equities totals AED 15.5 billion since launch in 2022

ABU DHABI, 16 August 2022 (WAM) — Net investment in local stocks by non-Arab foreigners since early 2022, in light of UAE investment attractiveness and strong performance of listed companies exceeded AED 15.54 billion. , underpinned by the strength and robustness of the country’s economic foundation.

Non-Arab foreign investors sold AED 70.276 billion worth of domestic equities from the beginning of the year to the end of last week, compared with sales of AED 54.733 billion in the same period, according to financial markets in Abu Dhabi and Dubai. I bought it. The net investment from the purchase is AED 15.54 billion.

The figures also show that purchases by non-Arab foreign investors on the Abu Dhabi Stock Exchange have reached AED 51.517 billion since the beginning of the year. 673 billion as a purchase result.

Non-Arab foreign investor purchases in Dubai financial markets totaled about AED1.8758 billion since the beginning of the year, compared to sales of about AED1.6889 billion, with a net investment as purchases of AED18. Over 600 million. result.