Iranian investors` net investment in Dubai’s Financial Market surpasses $8 million

Business Materials 12 August 2013 16:00 (UTC +04:00)

Azerbaijan, Baku, August 12 / Trend, N. Umid

Iranian investors have invested some 29,874 million dirhams( $8,133 million based on rate of 0.27 USD per each dirham) worth of net investment in Dubai's Financial Market during first six months of current year, ISNA news agency reported.

Iranian investors rank sixth in the list of foreign investors in Dubai Financial Market's new published statistics, the report said.

According to the report, Iranians have bought stocks worth 301.430 million dirhams ($82.066 million) and have sold 271.555 million dirhams ($73.932 million) worth of stocks during this period.

UK and US investors rank first and second on the list of foreign investors in Dubai Financial Market with some 517 million dirhams ($140.76 million) and 477 million dirhams ($129.87 million) of investments respectively, the report said.