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DUBAI / WAM
Dubai Financial Market (DFM) on Monday hosted a bell ringing ceremony to celebrate the commencement of Real Estate Investment Trusts (REITs) trading with the listing of Al Mal Capital’s REIT.
The introduction of REITs is a key milestone in DFM’s journey to diversify product offering and asset classes, broadening the scope of opportunities offered to its vast investor base of local and international investors.
Khalid bin Kalban, Vice Chairman and CEO of Dubai Investments and Chairman of Al Mal Capital, rang the market opening bell in the presence of Essa Kazim, Chairman of DFM, Hassan Al Serkal, CEO of DFM, Naser Al Nabulsi, Vice Chairman and CEO of Al Mal Capital and Hamed Ali, CEO of Nasdaq Dubai and Deputy CEO of DFM.