Skip to content Skip to Search
Skip navigation

Foreigners invest $4.2bn in UAE stocks since start of 2022

By Pramod Kumar
Drake & Scull's trading ceased in November 2018 when the company disclosed losses exceeded 75 percent of its capital Wam
Drake & Scull's trading ceased in November 2018 when the company disclosed losses exceeded 75 percent of its capital

The net investments of non-Arab foreigners in UAE stocks rose to over AED 15.54 billion ($4.22 billion) since the start of 2022, UAE state-owned news agency WAM reported.

According to Abu Dhabi and Dubai financial markets, non-Arab foreign investors purchased local stocks worth AED 70.276 billion from the beginning of 2022 to the end of last week, compared to sales of some AED54.733 billion during the same period, an increase of 28. The total net investment reached AED 15.54 billion as purchase proceeds.

The purchases of non-Arab foreign investors in the Abu Dhabi Securities Exchange (ADX) amounted to AED 51.517 billion since the start of this year, compared to sales of about AED 37.843 billion, resulting in a net purchase investment of AED13.673 billion.

The purchases of non-Arab foreign investors in the Dubai Financial Market (DFM) totalled AED 18.758 billion since the start of this year, compared to sales of about AED16.889 billion, giving a net purchase investment of more than AED 1.86 billion.

Latest articles

Architecture, Building, Power Plant

Acwa Power secures $3bn for Saudi renewable projects

Saudi renewables major Acwa Power has secured funding of SAR11.4 billion ($3 billion) for two renewable projects in the kingdom. The company signed a debt financing agreement worth SAR5.7 billion for the development and construction of a 1,800 megawatt (MW) combined cycle power plant in Madinah. It also signed a deal to obtain SAR5.7 billion in […]

Lebanon EU aid

Lebanon to receive $1bn in financial aid from the EU

A financial aid package for Lebanon from the EU valued at more than $1 billion was announced on Thursday by the European Commission president, Ursula von der Leyen.  The money, most of which will be grants, will be made available over the next three years. Some will go towards helping to control the flow of […]

UAE minister of industry and advanced technology and Adnoc group CEO Dr Sultan Ahmed Al Jaber (top centre) will become chairman of AIQ

Presight takes majority stake in Adnoc-G42 AI venture

The data analytics company Presight is acquiring a majority stake in AIQ, a joint venture between Abu Dhabi National Oil Company (Adnoc) and G42. Under the agreement, Presight, an Abu Dhabi-listed company, will own 51 percent of AIQ, with Adnoc keeping the remaining 49 percent, a statement released on Wednesday said.  Previously, G42 held 40 […]

ADQ listed its bonds on the London Stock Exchange, which it called a 'significant step' in diversification

ADQ’s first $2.5 billion bond issue four times oversubscribed 

Sovereign wealth fund ADQ has issued its first bonds, selling $2.5 billion of debt on the London Stock Exchange, in what the company says marks a “significant step” in diversifying its funding sources. Founded in 2018, ADQ – Abu Dhabi Developmental Holding Co – is one of three major Abu Dhabi sovereign funds and has […]