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00:00The important thing is that we see the example of Dubai. Dubai has become a catalyst for growth, for the growth of many companies.
00:10Not only the existing companies in Dubai, but also companies in the region.
00:13When we look at the main companies in the region, if they want to grow, they should have a headquarters in Dubai.
00:20This gives us, in the financial market of Dubai, accessibility and gives us reach to many companies in the region.
00:27Because these companies have branches inside the building itself.
00:31The first principle for us is to create an investment environment that helps companies and accelerates the growth of these companies.
00:40Among this principle, there are many initiatives that we launched over the past two years.
00:45The first initiative was launched by Dubai Financial Market, and we are very happy with it, which is a catalyst initiative for companies in the non-representative sector.
00:55Today, we have the opportunity in the financial market of Dubai to bring many non-representative sectors in the current market capitalization.
01:04So, the main focus on private sector companies is to grant them these advantages and incentives to facilitate their growth.
01:13This is the first initiative.
01:14The second initiative, which we launched with Dubai Bank, which is the initial bookmakers.
01:21More than 45 companies participated in it.
01:24These companies, through the bookmakers, the mechanism of bookmaking, the benefits of bookmaking, and the appropriate time for bookmaking were proposed.
01:32We are very happy with the shares, and we will continue to have initiatives related to the support of these companies to educate them and facilitate their growth.
01:43This is the second initiative.
01:44The third initiative, which is the legislative amendments made by the Ministry of Finance and Commodities, which is the Minimum List Requirement, Free Float Requirement for bikes.
01:55It gives flexibility to the owners of the companies, so that they can start with 10% free float, and then increase the free float to a higher percentage.
02:04This is one of the incentives that helped a lot of private companies to look at bikes as a family company, based on this model, which is Al-Ansari Company.
02:13It was a successful bike and encouraged a lot of family companies to look at the financial markets as one of the platforms for growth.
02:22You mentioned the initiative of unregistered sectors in the Dubai financial market.
02:27What are these sectors?
02:28And with whom are we talking right now?
02:29Who is the closest we see in the Dubai market in terms of sectors?
02:35Look, today, Dubai has a lot of different sectors.
02:39We have the health sector, the education sector, the technology sector.
02:44The sectors that have an impact on the economy in the future are sectors that are focused on in a very basic way.
02:51Fintech is one of the sectors that is focused in Dubai today.
02:56And there is a growth of these companies from Dubai.
02:58These are the sectors that we aspire to have in the market.
03:02There are discussions and there are excellent opportunities in Dubai, so that, God willing, in the near future, they will be reflected in the market.
03:10How many companies are we talking about from these sectors?
03:13We are not talking about the numbers, but the number is good news.
03:17The number indicates that what is coming will give a bigger impact to the market.
03:22And there are initiatives that we will launch in the next two days to encourage a new group of these companies so that they can enter the market and grow in the Dubai financial market.