FY 2022
Investor Presentation
DFM IR
dfm.ae
A World Class Market Place - Key Figures FY 2022
582 Market Capitalization
AED BILLION
73 Listed Companies
COUNT
Listed on DFM and NASDAQ Dubai
90 | Total Traded Value |
AED BILLION | |
357 | Average Daily |
Traded Value | |
AED MILLION | |
49%
PERCENT
19%
PERCENT
Foreign Investors Trading Share
Foreign Ownership % of Market Cap
151
COUNT
Bonds
& Sukuks
Listed on DFM and NASDAQ Dubai with a value of over USD117 bn
134 Total Funds
+ Raised (since inception)
AED BILLION
58%
PERCENT
Institutional Investors Trading Share
Source: DFM analytics.
Note: Trading statistics for DFM excludes Nasdaq Dubai. Foreign investors defined as non-UAE investors.
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dfm.ae
Strong Demographic & Macroeconomic Fundamentals
Continued GDP Recovery Post COVID-19 Pandemic
2020 & 2021 Real GDP Growth (%)*
6.0 | ||||||||||
3.8 | 3.5 | 3.3 | 3.1 | 3.1 | 2.9 | 2.4 | ||||
1.8 | ||||||||||
-2.6 | ||||||||||
-3.1 | -2.7 | -4.1 | ||||||||
-5.4 | -5.9 | |||||||||
-7.0 | ||||||||||
Turkey Russia | Poland | Bahrain | S. Africa | UAE | KSA | Qatar | ||||
2020 | 2021 | |||||||||
Sustained Growth In Non-Oil Economy….
UAE Non-Oil Private Sector PMI in recovery mode post COVID-19 impact.
56 | 56 | 57 | 56 | 57 | ||||||
54 | 55 | 55 | 55 | 55 | 55 | 54 | 54 |
Dec-21 | Jan-22 | Feb-22 | Mar-22 | Apr-22 | May-22 | Jun-22 | Jul-22 | Aug-22 | Sep-22 | Oct-22 | Nov-22 | Dec-22 |
50 - Separates Expansion from Contraction
Growing Population
2020 -2025E Population Annual Growth (%)
3.1% | 2.8% | |||||||||||||||||||||
2.3% | ||||||||||||||||||||||
2.0% | 1.5% | |||||||||||||||||||||
1.2% | ||||||||||||||||||||||
0.2% | ||||||||||||||||||||||
UAE | Egypt | KSA | S.Africa | Qatar | -0.1% | -0.1% | ||||||||||||||||
Kuwait | Turkey | Russia | Poland |
…Resulting in a Stable Business Environment
UAE ranked 25th on the Global Competitiveness Index (GCI 2019) & ranked 33rd on the 2022 Index of Economic Freedom (1st in the MENA) with a score of 70.2
72.6 | 76.9 | 77.6 | 77.6 | 77.6 | 76.2 | 76.9 | 70.2 |
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
Year | Index of Economic Freedom | |||||||
Source: The UAE National Bureau of Statistics, Euromonitor, Bloomberg, World Economic Forum, Emirates NBD, The Heritage Foundation, IMF World Economic Outlook Database, October 2020.
* Figures are an estimate.
3
dfm.ae
Dubai Growth is Driven by a Well Diversified Economy and Strong Trade Activity
Dubai GDP Growth*
Dubai Direct Foreign Trade Breakdown (AED bn)
6.2% | 4 | ||||||||||
4.0% | 4.6% | ||||||||||
3.1% | 3.1% | 2.1% | 2.7% | ||||||||
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 9M 2022 | ||||
802.1
118.9
169.0
514.2
830.1
129.4
165.1
535.6
828.7
123.7
186.8
518.3
757.3
109.7
176.7
470.8
770.0
125.0
165.7
479.2
711.1
146
124.5
440.8
445.6 CAGR
2010-2020
8%
95.6 | -1% |
82.6 | |
267.42%
-11.8%
Other Sectors
19.1% Trade
24.1%
Oil & Mining
1.5%
Hotels & | ||
Restaurants | ||
8.4% | Real Estate & | |
Manufacturing | Construction | |
15.2% | ||
9.3% | ||
Transportation | Financial Sector | |
10.7% | ||
11.7% | ||
Source: Emirates NBD research, Dubai Investment Development Agency, 2017 Global Investment Report published by UNCTAD, Doing Business World Bank, IMF, Gulf news.
* Source: Dubai Statistics Center Q3 2022 as per the latest available data, some GDP growth percentages were revised due to a new national account series issued by the Dubai Statistics Center.
¹ Source: Dubai Tourism.
² Source: Dubai Media Office - October 2022.
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | H1 2021 | ||
Imports | Re-Exports | Exports | ||||||
Commentary
Main highlights of Dubai economy:
- The emirate has earmarked AED 67.5 billion for spending in 2023 as it continues to drive growth momentum.
- During 2022, Dubai's successful tourism rebound continues to inspire global tourism recovery with the city welcoming 12.82 million international overnight visitors from January to November 2022¹.
- Dubai retains its position as the world's top destination for FDI projects in H1 2022, reinforcing its status as a global FDI hub with inflows of AED13.72 billion in H1 2022, reflecting a growth of 14.6% y-o-y.²
- Dubai is the 1st regionally and the 17th globally in the Global Financial Centres Index and ranks the 16th among 190 countries in the 2020 Doing Business.
- Dubai has moved the historical focus on Real Estate and Trade to attract more knowledge intensive projects with a greater focus on Technology.
- H.H. Sheikh Mohammed bin Rashid Al Maktoum established the Dubai Security Centre which seeks to ensure the proper implementation of international best practices in Dubai as a financial hub.
-
Dubai is placed at the forefront of the global Islamic economy, where the total value of listed Sukuk is over AED297 bn
- end of 2022.
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dfm.ae
Investor Reach - Global Connectivity
A snapshot of investor composition for 2 equity listings, highlighting the ability to either concentrate on regional investors or attract a wider pool of global investors from outside of the region.
1REGIONALLY
⁃ Direct connectivity to Europe selected regional markets.
GLOBALLY
⁃ Investors in more than 100 countries.
⁃ Over 212 nationalities connected.
⁃ Connected to leading international depositories.
10%
30%
12% | EUROPE | |
37% | ||
THE AMERICAS | ||
4%
6%
ASIA PACIFIC
74% | |
27% | |
MIDDLE EAST | 5 |
& AFRICA | |
dfm.ae | |
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