You'll need a passport copy maybe with resident's visa , bring original passport also. This is typically the case when a holiday falls on a non-business day. It allows companies to benefit from a unique investor pool that combines regional and international wealth, making it a globally unique platform for companies to raise money and for investors to find exciting opportunities. Choose a broker and ask to open an account with them. The next option is to use an online discount broker. Research Step Learn the histories of the United Arab Emirates' two stock markets.
As with trading stocks in any market, the first thing to do is have at least a basic knowledge of the local economy. The Abu Dhabi Securities Exchange is a member of the. See the investor relations link below for holidays. In particular, do not assume anything you read on this site is correct or accurate. You can also use a full service broker. Do this after 1300 since between 0930 and 1300 it is fairly chaotic while investors are trading on the markets. Go there in the Trade Center building early to join the queue to get an Investor Number.
You'll need a passport copy resident's visa is apparently not necessary , bring original passport also. If you have an interest in a particular sector or business then take the time to learn about the company or the industry it is in. In particular, do not assume anything you read on this site is correct or accurate. See the for latest fees information. For example, if Christmas Day falls on a weekend many stock exchanges will close on the Friday before or the Monday after. All listed companies have to issue financial reports with details of their various profits, incomes and revenues, which will often compare with the same period the previous year.
During 2004-2005 there was a substantial increase in share prices and trading activity. During 2004 and 2005, there were significant increases in the volume of shares traded and the share prices of many companies. The Dubai exchange started its operations in 2000. The main industries for Dubai's publicly traded companies are Construction, Banking, Commodities, Transportation, Utilities and Insurance. Both sites list stocks by name, code and industry see Resources below. Do this after 1300 since between 0930 and 1300 there is generally mayhem while markets are trading. You should make your own investigations to determine if information is accurate and ultimately, you should accept that you and you alone are responsible for any investing decisions you make.
Choose a broker and ask to open an account with them. Many companies allow foreigners to own their shares. This website does not provide investment advice and should not be used as a replacement for investment advice from a qualified professional. This exchange operates between 10 a. There are trading locations in Abu Dhabi, Al Ain, Fujeirah, Sharjah, and Ras Al Khaimah. Archived from on October 30, 2014. Step Select an authorized broker who can trade on both exchanges to handle your trades.
This is effectively a website or brokerage firm that allows you to buy and sell shares as you see fit. All approved brokers have offices at the exchange and identification. The service comes with minimal fees — if any at all — but in return there is no real advice or direction offered. There's a branch in Ras Al Khaimah opposite Carrefour as well as in Abu Dhabi. Get a list of companies and prospectuses in English from this link see Resources below. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. The Abu Dhabi Stock Exchange is open five days per week for four hours per day and is closed for nine holidays per year.
Contact the company you want to buy shares in and find out if they offer the direct service. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. Read their financial reports for at least the last two years. Should you encounter any bugs, glitches, lack of functionality or other problems on the Market Watch, please let us know immediately so we can rectify these accordingly. Type Location Abu Dhabi, United Arab Emirates Founded 2000 Currency No. Click the tabs below to navigate to different years. Foreign companies are from the following countries: Kuwait, Bahrain, Oman, and Sudan.
Step Check for companies that allow foreign shareholders. Dubai stock market Enter your search terms sharewadi. See the forum for comments, or the list of. Archived from on May 31, 2011. This page last updated 29-Oct-2009. See the forum for comments, or the list of.