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00:00 The UAE has provided the UAE's distribution of health care to its contributors since 2023.
00:07 Banks have issued about 32 billion dirhams,
00:12 with their records of profits exceeding expectations,
00:15 as a result of increasing interest rates.
00:19 The National Bank of Dubai has the best distribution in the history of 20 dirhams.
00:24 The Islamic Bank of Dubai also had very good distribution.
00:28 The Eastern Bank had a distribution of 10% - 18.5 dirhams for each health care.
00:33 The capital market had the best health care distribution,
00:36 with the most prominent being Abu Dhabi's first, 71 Pils.
00:38 We can also see that after these distributions,
00:42 the prices of the shares have recovered.
00:44 There is still a recovery in the Dubai market,
00:47 but the capital market has recovered most of its shares.
00:51 So the contributors have earned their share.
00:55 The UAE's distribution of health care has also attracted foreign investors,
01:00 as a CNBC-Arabic survey showed that the UAE has acquired 51%
01:06 of foreign investments in Gulf stocks in the first quarter of 2024.
01:13 There are also significant benefits for the banking sector,
01:17 and we should not forget the most important one,
01:19 which is the increase in interest rates for the banking sector.
01:22 The value of these distributions has increased,
01:25 which has contributed greatly to the growth of the banking sector.
01:28 We noticed in the past that there were large and medium-sized
01:31 and small-sized deals,
01:33 but now we are also seeing large-sized deals on leading shares,
01:37 especially in the banking sector,
01:39 and the latter in the UAE Bank of Dubai.
01:42 The UAE Energy Company has taken second place in terms of distribution,
01:47 which has reached more than 17 billion dirhams.
01:50 Distributions have increased by 12 billion dirhams.
01:55 Distributions are a key currency for investors
02:00 to accept in the US stock market,
02:03 and they are also a source of liquidity for companies
02:08 in the event of re-recycling these profits,
02:11 in addition to being a safe haven for investors with their sustainability.
02:17 Kareem Musaat, CNBC Arabia, Dubai.