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Gulf Press > Business > Dubai Chamber of Commerce’s Business Groups Welcomes Newly Founded Dubai Stockbrokers and Investment Services Group
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Dubai Chamber of Commerce’s Business Groups Welcomes Newly Founded Dubai Stockbrokers and Investment Services Group

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Last updated: 2024/05/31 at 12:37 AM
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The Dubai Stockbrokers and Investment Services Group, part of the Dubai Chamber of Commerce, recently launched to represent the interests of the emirate’s private sector and promote economic growth. The group aims to empower companies in various industries to play a greater role in Dubai’s economy through advocacy and collaboration. DSIG is one of the many Business Groups and Business Councils operating under the Dubai Chamber of Commerce, supporting the diverse business community in exploring economic opportunities in the UAE and globally.

Stockbrokers, investment advisors, fund managers, and wealth managers play a crucial role in the growth of the stock market and the overall economy. Institutional investors have made significant investments in the Abu Dhabi and Dubai markets, contributing to the market’s growth. The Arab stock exchanges have seen a significant increase in market capitalization, with the UAE playing a key role in the financial upswing, adding billions to its market value.

Essa Abdulla Al Ghurair, Chairman of Essa Al Ghurair Investment LLC, commended the establishment of DSIG and its vision to support Dubai’s economic agenda. The group aims to sustainably drive Dubai’s growth through trust and transparency, doubling the city’s GDP by 2033. DSIG aspires to become the leading business group in the Middle East, promoting secure investments, innovation, and sustainability through educational programs and cross-border investments.

Sameera Fernandes, Chief Sustainability Officer of Century Financial, has been elected as the Chairwoman of DSIG, along with other key board members. DSIG’s initiatives focus on promoting sustainable investments, fostering innovation in financial services, and empowering the investment community through ethical standards and integrity. The group plans to hold an annual investment summit to address challenges and foster networking opportunities among members.

The Dubai Financial Market has seen a surge in investor accounts and transactions, driven by foreign and regional institutional investors. The event also explored sustainable investments as an essential trend in finance. Habiba Al Mar’ashi, Co-founder and Chairperson of Emirates Environmental Group, emphasized the importance of promoting financial literacy and sustainable development through collaboration between government entities, the private sector, and educational institutions. Transparency and effective regulations are essential to promote sustainable investments and economic growth.

In conclusion, the launch of the Dubai Stockbrokers and Investment Services Group reflects the commitment of the Dubai Chamber of Commerce to support the private sector and drive economic growth in the emirate. DSIG’s focus on sustainable investments and financial literacy will play a crucial role in shaping Dubai’s financial future and enhancing the global economy. Through collaboration and innovation, the group aims to empower the investment community and promote ethical practices in the financial sector.

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News Room May 31, 2024
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