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The Dubai Financial Market (DFM) today signed a memorandum of understanding with the Dubai Land Department to open a wide range of financial markets for real estate companies in general and investment funds. real estate investment to facilitate the listing of real estate companies and asset classes. "The market wants to take the steps that are paving the way for the business sector, primarily the real estate sector because of its importance in Dubai, to take advantage of the multiple benefits of market introduction," said Essa Kazim, president from Dubai Financial Market. "The signing of the agreement is of great importance as part of the product diversification strategy and new investment opportunities of 2021. Thanks to the benefits offered to real estate companies and investment funds. Investment, this agreement will promote the listing of companies. "The memorandum of understanding aims to boost investment in the real estate sector by using more adaptive mechanisms for the real estate market," said Sultan Butti Bin Mujrin, director general of the department of housing and housing. Dubai lands. "By working with the Dubai Financial Market, we will regulate and control the registration procedures of land and properties owned by listed companies, as we seek to strengthen our relationship with the Dubai Financial Market. Together with government entities as part of coordinating efforts to improve government performance, this relationship also provides support to the real estate sector by allowing large companies to be listed on the DFM and to facilitate their access to finance. in an organized and transparent manner. "
Entering real estate companies Financial markets will give new impetus to the market through the diversification of products provided by investors The Dubai Financial Market has gained a reputation in the region and the world's major entry Real estate companies on the market will certainly attract new players The 1965 Memorandum of Understanding aims to take catalytic measures to include real estate investment funds in the market through the cooperation of both parties in the market. exchange of information and experience, in addition to the incentives it provides to businesses and real estate investment funds. land and property department Om. Memorandum of Understanding outlines a set of measures and measures aimed at strengthening cooperation between the two parties and exchanging information on the real estate sector and companies listed on the market Provided that such information is relevant and can be disclosed
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