Dubai excited as investment appetite returns

The Dubai International Financial Centre?s (DIFC) chief executive, Jeffrey Singer, is taking the view that Dubai and the DIFC are poised to make rapid strides in the coming years, benefiting from the superior returns of stock markets, high level of debt issuance and various projects lined up in the country and the region.

Singer said this is going to lead to more creative financial products and services by professionals based in the centre.

He cites numbers that point to the return of high investment appetite and strong investor sentiment to buttress his argument in order to make a case that the DIFC will reap the benefits of outsized returns that are expected of Dubai.

In 2013, the Dubai Financial Market (DFM) stock market had a staggering return of almost 108 per cent and is seeing current trading of almost Dh2 billion daily.

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