Nasdaq Dubai, the group’s Dubai-based stock exchange, has unveiled plans to roll out a new capital markets platform, Market Site, helping push economic and business thought leadership along with corporate functions, according to a group statement.
Market Site fills a need in the region for a comprehensive platform offering financial and business reporting, news, and other coverage of pertinent capital markets and the industry landscape. The platform is slated to launch in Q1 2018, which will help streamline greater media transparency and coverage in the Middle East, Africa, and South Asian (MEASA) region.
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In particular, the platform will provide visibility for firms seeking exposure via initial public offerings (IPO), as well as other listings and organized events across the capital markets space. Market Site will also be providing thought leadership in myriad topics and avenues of interest.
According to Hamed Ali, Chief Executive Officer of Nasdaq Dubai, in a statement on the upcoming platform: “As the region’s financial markets expand rapidly in size and sophistication, Market Site will meet a growing need for a premier facility for thought leadership, events and information as well as providing visibility for issuers.”
“The DIFC is the leading financial markets hub of the region, making it the ideal venue for the Nasdaq Dubai Market Site as a platform that broadcasts business and financial news as well as hosting discussions and seminars on the economy, financial services, and business scene.”
“This is an exciting development for Nasdaq Dubai and its market participants, and one that we are delighted to host within DIFC’s existing infrastructure. The new Market Site venue will provide state of the art facilities to help the financial community and beyond share and exchange knowledge,” explained Arif Amiri, Chief Executive Officer of DIFC Authority.