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uiouio
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Joined: November 13th, 2003, 5:29 pm

Dubai financial market

May 22nd, 2004, 2:02 pm

Does anybody on the forum have any experience from working there? Do you see it as a market on the rise or don't you think it stands a chance against the established markets? Dubai has been quite successfull to establish itself as a business center, how do you see it's chances at becomming a financial center?Posting it on the careers forum because I'm wondering if Dubai is a direction to look when I finish my degree.
Last edited by uiouio on May 21st, 2004, 10:00 pm, edited 1 time in total.
 
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Dubai financial market

May 24th, 2004, 7:19 am

I have been asking myself the same question.....I am will finish my MSc FinMath and wouldnt mind working in Dubai...I have specific questions really,1. Is the trading scene as active as other asain markets.2. Do they need quantitative analysts..??3. Would it be better to work here for a couple of years and then go out there??Any help would be appreciated....thanks, j
 
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uiouio
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Dubai financial market

May 24th, 2004, 2:29 pm

To try to give some input(please note I'm not an experienced finance professional)1. The trading scene today is not very impressive, you can see som info about traded volume at http://www.dfm.co.ae/. As most arab companies are family- or government-owned, the companies listed are certainly not in abundence not even mentioning the bonds listed.2. I have no idea, I can't find any info on the derivatives market in Dubai, it seems to be non-existent but I guess there's allways a need for quant anlyst(??)3. I would certainly think so, as regard to market size, traded volume and if more state- and family-companies will get listed on the exchange.Why I'm thinking of going there as soon as possible(I'm an undergrad) is that I've seen how Dubai has turned into an unrivalled business centre in the region, and given the fact that they seek to develop a wellfunctioning financial market, my guess is that they'll pull it off and being there from the beginning might be a wise move.But then again, I'm just an undergrad so if I get some sort of entry-level position I can stay there for a year or two and if it's not the best place to make a career I can do a Master's degree in the UK, if you've allready invested time and money in doing a MSc you might be looking at working in a more established market?
Last edited by uiouio on May 23rd, 2004, 10:00 pm, edited 1 time in total.
 
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tronc
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Dubai financial market

May 24th, 2004, 3:59 pm

Sounds interesting, what firms operate there?
 
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Warby
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Joined: December 12th, 2003, 10:55 am

Dubai financial market

May 24th, 2004, 4:29 pm

 
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Dubai financial market

May 25th, 2004, 3:00 pm

Well ive sent a couple of emails, lets see what the outcome is,ill keep you all posted!j
 
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uiouio
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Dubai financial market

May 26th, 2004, 12:37 am

Looking forward to it.