The Assessment of the Global Financial Crisis on Dubai Financial Market Performance

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dc.contributor.authorJarouf, Ahmed K. Al
dc.contributor.authorMansoori, Mohammed Al
dc.contributor.authorNooraddin, Suzan
dc.contributor.authorElshareif, Elgilani Eltahir
dc.date.accessioned2022-04-22T06:49:40Z
dc.date.available2022-04-22T06:49:40Z
dc.date.copyright© 2017
dc.date.issued2017
dc.descriptionThis conference paper is not available at CUD collection. The version of scholarly record of this paper is published in Leadership, Innovation and Entrepreneurship as Driving Forces of the Global Economy. Springer Proceedings in Business and Economics (2017), available online at: https://doi.org/10.1007/978-3-319-43434-6_67en_US
dc.description.abstractThe United Arab Emirates (UAE) has implemented its long-term vision 2021. The main goal of this vision is to diversify the economic activity to edge up on the back of non-oil sector, despite the fact that UAE’s economy is considered one of the most diversified economies across the region. The significant drop in oil prices in addition to performances of other global markets represents a challenge for Dubai stock market. This may have an important effect on the share prices of Dubai stock market and its performance. In this chapter, we collect market data for oil prices, US NASDAQ Composite, and DFM from the official website of Dubai Financial Market (www.dfm.ae ) and (www.nasdaq.com ) to explore the patterns of pre-after the global financial crisis performance and to observe the performance of the Dubai financial market in comparison to NASDAQ. We also look at the impact of drop in oil price on the performance of DFM. Our results support that the DFM performed well after the crisis. However, the lower oil prices have reversed this situation. © 2017, Springer International Publishing Switzerland.en_US
dc.identifier.citationJarouf, A.K.A., Mansoori, M.A., Nooraddin, S. & Elshareif, E.E. (2017). The Assessment of the Global Financial Crisis on Dubai Financial Market Performance. In R. Benlamri & M. Sparer (Eds.) Leadership, Innovation and Entrepreneurship as Driving Forces of the Global Economy. Springer Proceedings in Business and Economics (pp. 749 - 759). Springer, Cham. https://doi.org/10.1007/978-3-319-43434-6_67en_US
dc.identifier.isbn978-331943433-9
dc.identifier.issn21987246
dc.identifier.urihttps://doi.org/10.1007/978-3-319-43434-6_67
dc.identifier.urihttp://hdl.handle.net/20.500.12519/548
dc.language.isoenen_US
dc.publisherSpringer Science and Business Media B.V.en_US
dc.relationAuthors Affiliations : Jarouf, A.K.A., Canadian University of Dubai, 117781, Dubai, United Arab Emirates; Mansoori, M.A., Canadian University of Dubai, 117781, Dubai, United Arab Emirates; Nooraddin, S., Canadian University of Dubai, 117781, Dubai, United Arab Emirates; Elshareif, E.E., Canadian University of Dubai, 117781, Dubai, United Arab Emirates
dc.relation.ispartofseriesLeadership, Innovation and Entrepreneurship as Driving Forces of the Global Economy. Springer Proceedings in Business and Economics;
dc.rightsLicense to reuse the abstract has been secured from Springer Nature and Copyright Clearance Center.
dc.rights.holderCopyright : © 2017, Springer International Publishing Switzerland.
dc.rights.licenseLicense Number : 5292360032657 License date : Apr 19, 2022
dc.rights.urihttps://s100.copyright.com/CustomerAdmin/PLF.jsp?ref=423df959-e5e8-4783-9930-a543d26aa6de
dc.subjectDFM’s performanceen_US
dc.subjectGlobal financial crisisen_US
dc.subjectOil priceen_US
dc.subjectUS NASDAQen_US
dc.titleThe Assessment of the Global Financial Crisis on Dubai Financial Market Performanceen_US
dc.typeConference Paperen_US
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