02 Feb, 2014NASDAQ Dubai welcomes Arqaam Capital as an equities trading Member amid expanding market activity

ArqaamCapital has become an equities trading Member of NASDAQ Dubai,in order to offer its clients exciting new opportunities as market activityincreases on the region 's international exchange.

The ability to trade sharesdirectly on NASDAQ Dubai significantly expands the services that Arqaam Capitalcan provide to its international and regional clients, as a specialist emergingmarkets investment bank based in the Dubai International Financial Centre(DIFC).

RiadMeliti CEO of Arqaam Capital said: All the indicators look positive for 2014being the start of a spell of strong performance for the UAE 's economy and its capitalmarkets. By extending our membership of NASDAQ Dubai, we are ensuring we cangive our clients the access they need to a vibrant market.

ArqaamCapital is already a Member of NASDAQ Dubai 's equity derivatives market, whichcomprises futures on the FTSE NASDAQ Dubai UAE 20 index and on 20 prominentcompanies listed in the UAE.

ArqaamSecurities, the bank 's UAE brokerage company, is also a member of the NASDAQ Dubai equities market.

HamedAli, Chief Executive of NASDAQ Dubai, said: As a leading investment bank andbroker with a substantial client base, Arqaam Capital adds further depth andreach to NASDAQ Dubai 's equities framework. The exchange looks forward to workingwith Arqaam Capital in a number of areas to develop the investment and hedging toolsthat we offer to market participants.

NASDAQDubai will strengthen its focus on attracting new listings of equities as wellas other asset classes, as more companies in the region and beyond seek toraise capital on the exchange to fuel their growth.

TheFTSE NASDAQ Dubai UAE 20 index rose 87% in 2013 to end the year at 3,397,reflecting a sustained rise in confidence in the UAE 's capital markets and economicprospects.