Since the beginning of 2022, the UAE financial markets have achieved qualitative gains
The UAE financial markets have achieved many qualitative gains since the start of the current year 2022, as the Abu Dhabi Securities Exchange has added nearly 332 billion dirhams to its market capital since January, reinforced by strong gains for the listed shares, and an increase in international investor demand in addition to new administrations, as the Dubai market rose Money during the first five months of this year was about 4.73 percent.
The rise of the Fausti index, the Abu Dhabi general market
It was monitored by the Emirates News Agency, showing that the FTSE Abu Dhabi General Market index rose by about 18.5 percent during the first five months of this world, to close at 10054.9 points at the end of last month, and the market succeeded during the same period in achieving historical levels that are the highest ever by reaching To 10,171 points last April.
Increase in the market value of shares listed on the Abu Dhabi market
The market value of the shares listed on the Abu Dhabi Securities Exchange has seen from 1.626 trillion dirhams at the end of last year to 1.958 trillion dirhams at the end of last May, with an increase equivalent to 332 billion dirhams thanks to the huge gains in shares, in addition to the recent listings that included both GFTs, and Abu Dhabi Ports.
The rise of the Dubai Financial Market as well
According to the monitoring, the Dubai Financial Market rose during the first five months of this year by about 4.73 percent to the level of 3347.2 points, with market gains that exceeded 136.5 billion dirhams, bringing the market capital of the shares listed on the Dubai market from 411.5 billion dirhams at the end of last year to 548 billion dirhams at the end of the previous month .
These qualitative gains achieved in the UAE financial markets indicate that the UAE is a fertile environment for companies from which to launch into the world, due to the efforts made by the UAE state to facilitate the establishment of companies in Dubai, Abu Dhabi and the rest of the United Arab Emirates.
From now on, you can start the procedures for establishing your company in the UAE by cooperating with a company that will handle all transactions on your behalf within a short period.
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TM was established with the aim of making the entrepreneurship process for start-ups, SMEs and SMEs an easy approach which helps launch any business easily.
TM seeks to facilitate the procedures for establishing companies in the United Arab Emirates, as it is known that this requires a lot of transactions between multiple government agencies, and the follow-up of approvals and transactions.
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Did the Arab markets also see a rise?
At the level of Arab markets, the Jordan Stock Exchange rose by 16.7 percent since the beginning of this year, to close at 2472.5 points, and the Saudi market witnessed a growth of 14.5 to reach 12921.7 points, and the Kuwait market index increased by 11.1%, with a number of 7823.6 points.
As for the Qatar Stock Exchange, during the first five months of this year, it grew by 11.1 percent points (12,919.4 points), while the Bahrain Stock Exchange's gains rose by 6.87 percent, to close from a number of 190.8 points.
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Start now to establish your company in the UAE
From this moment on, TM helps you establish your company in Dubai and the rest of the United Arab Emirates simply and easily. It seeks to facilitate the steps of establishing companies for young people who wish to do so. TM is working to provide you with assistance in establishing your company so that you can book an appointment with one of its experts Which answers all the inquiries that are received in Bakal, search You can start from now on establishing your company by submitting an application from here.