{"id":98142,"date":"2024-11-21T00:00:00","date_gmt":"2024-11-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/more-attention-turns-to-the-uaes-usd-1-tn-stock-market-dubais-tourism-appeal-denizbanks-ceos-indictment\/"},"modified":"2024-11-21T00:00:00","modified_gmt":"2024-11-21T00:00:00","slug":"more-attention-turns-to-the-uaes-usd-1-tn-stock-market-dubais-tourism-appeal-denizbanks-ceos-indictment","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/11\/21\/more-attention-turns-to-the-uaes-usd-1-tn-stock-market-dubais-tourism-appeal-denizbanks-ceos-indictment\/","title":{"rendered":"More attention turns to the UAE\u2019s USD 1 tn stock market + Dubai\u2019s tourism appeal + Denizbank\u2019s CEO\u2019s indictment"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/0b5b7f9f-1f51-4f84-bc5e-927009778822\/this-morning:-uae-listed-stocks-top%253cmark%253e-usd-1-tn%253c%2Fmark%253e-in-market-value-%2B-masdar,-nmdc-energy-eye-expansion\" style=\"\" rel=\"noopener\">USD 1 tn<\/a><\/strong><strong> stock market is still making headlines<\/strong>, with <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-11-20\/uae-s-1-trillion-market-is-heavily-dominated-by-royal-family\" style=\"\" rel=\"noopener\">Bloomberg<\/a> looking at the ruling family\u2019s influence across local markets. About two-thirds of Abu Dhabi\u2019s benchmark index is tied to the ruling family, particularly National Security Advisor Sheikh Tahnoon bin Zayed Al Nahyan. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Potentially giving stock markets even more of a boost?<\/strong> Increasing the freefloat of key stocks \u201ccould help attract more international money,\u201d Kamco Invest\u2019s Junaid Ansari said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.euronews.com\/travel\/2024\/11\/20\/can-you-enjoy-dubai-on-a-budget-uae-city-wants-to-dispel-misconceptions-about-cost-of-a-ho\" style=\"\" rel=\"noopener\">Euronews<\/a><\/strong><strong> highlights Dubai\u2019s new tourism strategy,<\/strong> which seeks to dispel \u201cmisconceptions\u201d about the city by showcasing its affordability and year-round appeal. \u201cIt\u2019s no secret Dubai is home to a lot of luxury, iconic properties, but there\u2019s a variety of options available,\u201d said Hoor Al Khaja, senior VP of international operations at the Dubai Department of Economy and Tourism, noting that the emirate\u2019s \u201chealthy mix of affordable stays\u2026 can compete with any four or five-star hotel globally.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-11-20\/turkish-bank-ceo-indicted-over-scam-that-targeted-football-stars\" style=\"\" rel=\"noopener\">Bloomberg<\/a><\/strong><strong> covers the indictment of Hakan Ates, CEO of Emirates NBD\u2019s Turkey <\/strong><strong>unit Denizbank<\/strong>, who was accused of involvement in a Ponzi scheme targeting footballers from clubs like Galatasaray, Barcelona, and Inter Milan. Ates and his former deputy Mehmet Aydogdu face up to 240 years in prison on charges of aggravated fraud.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Increasing the freefloat of gov\u2019t-owned stocks \u201ccould help attract more international money\u201d<\/p>\n","protected":false},"author":1,"featured_media":98143,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1551],"tags":[29,87,7,387,41],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-98142","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uae-in-the-news","tag-capital-markets","tag-dubai","tag-enterpriseam-uae","tag-tourism","tag-uae-in-the-news","wpautop","entry"],"acf":{"mongo_id":"2643a868-c04e-46b4-ad5c-4f99a1ca98c8","order":"11","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/11\/2042.jpg","photo_position":"above","homepage_title":"","full_issue_title":"More attention turns to the UAE\u2019s USD 1 tn stock market + Dubai\u2019s tourism appeal + Denizbank\u2019s CEO\u2019s indictment","related_issue":[98122],"teaser":"Increasing the freefloat of gov\u2019t-owned stocks \u201ccould help attract more international money\u201d","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.c0b03e49-ef66-40ab-bc3b-4734757a99f6.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>More attention turns to the UAE\u2019s USD 1 tn stock market + Dubai\u2019s tourism appeal + Denizbank\u2019s CEO\u2019s indictment - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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