Text size:

  • Small
  • Normal
  • Large

Nasdaq Dubai on the road in India

Nasdaq Dubai is looking east to grow its number of listings. Officials at the bourse visited India this week.

Nasdaq Dubai is looking east to grow its number of listings.

Officials at the bourse visited India this week to meet entities that already have links to the Arabian Gulf region. "The companies are exploring options to raise capital through equity, including global depositary receipts, as well as through debt, exchange-traded funds, real estate investment trusts and other products," Nasdaq Dubai said.

Alpen Capital led the roadshow. The Dubai investment bank has offered advisory services to many Indian companies looking to grow in the Gulf region through "strategic acquisitions, raising capital or partnering with high-profile companies", the bourse said.

The investment bank has "partnered with the Federation of Indian Chambers of Commerce and Industry to introduce" the Dubai exchange to prospective companies, it said.

The Gulf states combined account for India's largest trading partner. However, links in the capital markets have "been lagging behind", the statement said.

The bourse, which suffers from low volumes on equity trading, has been actively seeking debt listings from Dubai entities. The exchange is controlled by the Dubai Financial Market, which owns a two thirds stake. Borse Dubai owns one third of Nasdaq Dubai.



Back to the top

More articles

Editor's Picks

 The Greens, villas: Q1 no change. 3BR - Dh210-250,000. 4BR - Dh210-260,000. 5BR - Dh220-300,000. Q1 2013-Q1 2014 5% rise. Pawan Singh / The National

In pictures: Where Dubai rents have risen and fallen, Q1 2014

Find out how rental prices in the prime locations in Dubai have altered during the first three months of the year and the current rates you will pay according to data provided by Asteco.

 Above, the private pool of Ocean Heights' five-bedroom penthouse flat. Courtesy Christie’s International Real Estate

In pictures: Penthouse flat is height of Dubai luxury living

A five-bedroom penthouse in Ocean Heights in Dubai Marina is on sale for Dh25 million and comes with a private pool and an unparalleled view of Dubai.

 The cooling towers of the Temelin nuclear power plant near the Tyn nad Vltavou in Czech Republic. The country wants to continue expanding nuclear energy capacity despite cancelling a tender to build two new units. David W Cerny / Reuters

In pictures: Best business images for the week to April 17, 2014

Here are some of the best business images for the week to April 17, 2014.

 Three generations of the Hakimi family tend to their stall Crawford Market in Mumbai. Subhash Sharma for The National

In pictures: Shopper’s delight at Crawford Market in Mumbai

Crawford Market is an old British-style covered market dealing in just about every kind of fresh food and domestic animal imaginable. Later on renamed Mahatma Jotirao Phule, the market remains popular among locals and visitors by its old name, taken from Arthur Crawford who was the first municipal commissioner of the city.

 The Wind, Energy, Technology and Environment Exhibition takes place from April 14 to April 16. Above, the Dewa showroom during last year’s Wetex. Jaime Puebla / The National

April corporate and economic calendar for the UAE and overseas

From Cityscape to Wetex to stock-market holidays to nations reporting first-quarter GDP figures, here is our helpful calendar of April's business events in the UAE and internationally.

 Get the latest information on credit cards, bank accounts and loan products in the UAE. Mark Lennihan / AP Photo

Rates report: Latest on UAE loans, accounts and credit cards

Souqamal.com brings you the latest interest rates on banking products in the UAE.


To add your event to The National listings, click here

Get the most from The National