NASDAQ Dubai is a stock exchange

Stock exchange

A stock exchange is an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and...

 opened on September 26, 2005, in Dubai

Dubai

Dubai is a city and emirate in the United Arab Emirates . The emirate is located south of the Persian Gulf on the Arabian Peninsula and has the largest population with the second-largest land territory by area of all the emirates, after Abu Dhabi...

, United Arab Emirates

United Arab Emirates

The United Arab Emirates, abbreviated as the UAE, or shortened to "the Emirates", is a state situated in the southeast of the Arabian Peninsula in Western Asia on the Persian Gulf, bordering Oman, and Saudi Arabia, and sharing sea borders with Iraq, Kuwait, Bahrain, Qatar, and Iran.The UAE is a...

.

Listed products and market status

Products listed on the DIFX include ordinary shares listed by DP World along with other Damas and DEPA. DP World is the largest IPOs in the Middle East and raised $ 4.96 billion. It was 15x oversubscribed and is one of the most valued companies in the Middle East Region.

Activities

The trading hours of NASDAQ Dubai are from 10:00am to 2:00 pm (06:00 am to 10:00 am GMT) from Sunday to Thursday.
NASDAQ Dubai is one of the very few Multi-asset exchange in Middleeast. Products range include equities, GDRs, Structured products ETFs, Index and equity Futures, Islamic debts (Sukuks), etc.

The Dubai International Financial Centre

NASDAQ Dubai is located in the Dubai International Financial Centre (DIFC), a financial free zone which opened for business in 2004. Financial activities in the DIFC are governed to international standards by an independent regulator, the Dubai Financial Services Authority (DFSA). NASDAQ Dubai has a license from the DFSA to operate an exchange. The President of the DIFC is Sheikh

Sheikh

Not to be confused with sikhSheikh — also spelled Sheik or Shaikh, or transliterated as Shaykh — is an honorific in the Arabic language that literally means "elder" and carries the meaning "leader and/or governor"...

 Mohammed bin Rashid Al Maktoum

Mohammed bin Rashid Al Maktoum

Mohammed bin Rashid Al Maktoum , also Sheikh Mohammed, , is the Prime Minister and Vice President of the United Arab Emirates , and absolute monarch of Dubai.-Personal life and education:...

, the UAE Vice President, Prime Minister and Ruler of Dubai.

See also

• Abu Dhabi Securities Exchange
  Abu Dhabi Securities Exchange
  Abu Dhabi Securities Exchange [ADSM] is a stock exchange in Abu Dhabi, United Arab Emirates . It was established on 15 November 2000 to trade shares of UAE companies. There are trading locations in Abu Dhabi, Al Ain, Fujeirah, Sharjah, and Ras Al Khaimah...
  
   - stock market for UAE companies
• Dubai Financial Market
  Dubai Financial Market
  The Dubai Financial Market is a stock exchange located in Dubai, United Arab Emirates. It was founded on March 26, 2000.There are about 57 companies listed on DFM, most of them are UAE-based companies and a few dual listings for companies based in other MENA region countries. Many companies allow...
  
   - stock market also for UAE companies
• List of stock exchanges - stock exchanges around the world

External links

• DFSA - Dubai Financial Services Authority (market regulator)
• DIFC - Dubai International Financial Center