Q1 2023

Investor Presentation

dfm.ae

Disclaimer

This Investor Presentation has been prepared by Dubai Financial Market PJSC ("DFM" or the "Company") for investors, solely for informational purposes.

The information contained herein has been prepared to assist prospective investors in making their own evaluation of the Company and does not purport to be all-inclusive or to contain all the information a prospective or existing investor may desire. In all cases, interested parties should conduct their own investigation and analysis of the Company and the data set forth in this information.

This presentation may contain statements that are not historical facts, referred to as "forward looking statements." The Company's actual future results may differ materially from those suggested by such statements.

No representation or warranty is made by DFM or any of its advisers, agents or employees as to the accuracy, completeness or reasonableness of the information in this presentation or provided in connection with it. No information contained in this presentation or any other written or oral communication in connection with it is, or shall be relied upon as, a promise or representation and no representation or warranty is made as to the accuracy or attainability of any estimates, forecasts or projections set out in this presentation. No liability will attach to DFM, with respect to any such information, estimates, forecasts or projections. Unless otherwise stated, DFM owns copyright on the information contained herein. The information may not otherwise be reproduced and must not be distributed or transmitted to any other person or used in any way without the express approval of DFM.

Please note rounding differences may appear in the presentation.

2 dfm.ae

Q1 2023 Investor Presentation

Economic Highlights

  • 'We The UAE 2031' - the UAE's national plan to enhance its role as a global partner and economic hub.
  • Corporate Tax Law - the new corporate income tax would be the lowest within the region* at a standard rate of 9%.
  • GDP growth should remain strong in Dubai, driven by tourism, trade, and hospitality sectors, fueled by global re-opening,visa liberalization, social reforms, and the influx of HNWIs.
  • Dubai's real estate sector benefitted from the 2022 FIFA World Cup in Qatar.
  • Non-oilgrowth is predicted to remain strong.

*Excluding Bahrain

3 dfm.ae

Q1 2023 Investor Presentation

UAE holds strong amidst global turmoil with continued positive momentum

Real GDP Growth (%)

7.6

6.8

5

3.6

3.4

3.4

3.2

1.6

UAE

India

Turkey

UK

Bahrain

Qatar

China

US

Global Growth in GCC Economies (%)

UAE Population Growth (in millions) - supported by social reforms

expats out of total population 2022

9.26 9.36 9.48 9.54 9.68 9.89 9.99 10.1

8.54

4.58

3.13

2.41

1.82

1.01

1.36

1980 1985 1990 1995 2000 2005 2010 2015 2016 2017 2018 2019 2020 2021 2022

UAE PMI - ticks up to 5-month high amid stronger new order growth

3.1

8.7

6.5

7.6

3.9

3.9

3.6

3.2

2.6

1.6

8.7

3.4

2.6

3

2.4

1.3

4.4 4.1

3.4 3

2.2

60

Threshold level

(0-100 Index (> 50 = improvement since previous month)

58

56

54

52

50

48

46

44

GCC

UAE

KSA

Qatar

Kuwait

Oman

Bahrain

2021 2022 E 2023F

42

40

Jan-18

Apr-18

Jul-18

Oct-18

Jan-19

Apr-19

Jul-19

Oct-19

Jan-20

Apr-20

Jul-20

Oct-20

Jan-21

Apr-21

Jul-21

Oct-21

Jan-22

Apr-22

Jul-22

Oct-22

Jan-23

Source: IMD World Competitiveness Yearbook 2022, Federal Competitiveness And Statistics Centre, World Bank

4 dfm.ae

Q1 2023 Investor Presentation

Near-term economic growth supported by rebound in domestic activity

Dubai's Economy

  • Dubai's GDP grew 4.6% year-on-year to AED 307.5bn during the first nine months of 2022 compared with the same period last year.
  • Dubai retains its position as the world's top destination for FDI projects in H1 2022, reinforcing its status as a global FDI hub with inflows of AED 13.72bn in H1 2022, reflecting a growth of 14.6% y-o-y.
  • Dubai on track to being a top destination recording 4.67mn overnight visitors in Q1 2023.

Dubai Economic Agenda D33

  • Dubai revealed an AED 32 trillion economic plan at the start of the year that includes 100 transformative projects and doubling foreign trade and investment over the next 10 years to improve its standing as a global financial hub.

Dubai GDP 9M 2022 Contribution

Other Sectors

19.1%

Trade

24.1%

Oil & Mining

1.5%

Hotels &

Restaurants

Real Estate &

8.4%

Manufacturing

Construction

15.2%

9.3%

Transportation

Financial Sector

10.7%

11.7%

Dubai GDP Growth

6.2

  • Foreign trade is expected to reach AED 25.6 trillion by 2033 as Dubai adds to its global partners. The emirate is also looking to attract AED 60billionn/annum in FDIs, and to boost manufacturing and logistics sector as part of the plan.
  • Government spending is forecasted to rise to AED 700bn over the next decade from AED 512bn the previous decade. A key part of the plan is to support the growth of 30 companies to become unicorns in the next 10 years.

Source: Arqaam,, Dubai Statistics Center Q3 2022 as per the latest available data, some GDP growth percentages were revised due to a new national account series issued by the Dubai Statistics Center. Dubai Economy & Tourism, Dubai Media Office - October 2022

4

4.6

3.1

3.1

2.1

2.7

2015

2016

2017

2018

2019

2020

2021

9M 2022

-11.8

5 dfm.ae

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

DFM - Dubai Financial Market PJSC published this content on 08 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 May 2023 10:43:02 UTC.