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DIFX targets Jordan to showcase the region’s international exchange

Published June 25th, 2006 - 06:52 GMT
Al Bawaba
Al Bawaba

The Dubai International Financial Exchange (DIFX) will give a presentation in Amman to bankers, business people and potential investors on June 26th.

DIFX chairman Henry Azzam, who will speak at the event, commented: “As the region’s international market, the DIFX has close links with financial institutions and other companies across the Middle East and beyond.

“We are delighted to explain the benefits of our market in Jordan, where there is great potential for involvement in the growth and development of the exchange.”

Executives of global and regional banks, as well as business leaders and individuals, will learn about the DIFX business model at the presentation.

Nasser Alshaali, Chief Operating Officer of the DIFX, who will also be a speaker, commented: “This is an excellent opportunity to learn about the DIFX value proposition as a magnet for international investors as well as a forum for raising capital.

“It will include details of how brokers can connect to the market and how companies can issue products. The exchange is preparing for many more listings in coming months.”

 

About DIFX

The DIFX is the region’s first international financial exchange for equities, bonds, Islamic products, funds, index products and (subject to regulatory approval) derivatives. The target areas of the DIFX for seeking issuers include the Middle East and North Africa, as well as South Africa, Turkey and the Indian sub-continent.

The exchange launched in September 2005 and currently has 13 Member banks – Barclays Capital, Citigroup, Credit Suisse, Deutsche Bank, EFG-Hermes, HSBC, KAS BANK, Morgan Stanley, SHUAA Capital, UBS, Merrill Lynch, Mashreq Capital (DIFC) and ABN AMRO.

The regulator of the DIFX is the Dubai Financial Services Authority. The DIFX is located in the Dubai International Financial Centre (DIFC) and its owner is the DIFC Authority. www.difx.ae

 

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