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

dc.contributor.author Jarouf, Ahmed K. Al
dc.contributor.author Mansoori, Mohammed Al
dc.contributor.author Nooraddin, Suzan
dc.contributor.author Elshareif, Elgilani Eltahir
dc.date.accessioned 2022-04-22T06:49:40Z
dc.date.available 2022-04-22T06:49:40Z
dc.date.copyright © 2017
dc.date.issued 2017
dc.description This 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_67 en_US
dc.description.abstract The 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.citation Jarouf, 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_67 en_US
dc.identifier.isbn 978-331943433-9
dc.identifier.issn 21987246
dc.identifier.uri https://doi.org/10.1007/978-3-319-43434-6_67
dc.identifier.uri http://hdl.handle.net/20.500.12519/548
dc.language.iso en en_US
dc.publisher Springer Science and Business Media B.V. en_US
dc.relation Authors 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.ispartofseries Leadership, Innovation and Entrepreneurship as Driving Forces of the Global Economy. Springer Proceedings in Business and Economics;
dc.rights License to reuse the abstract has been secured from Springer Nature and Copyright Clearance Center.
dc.rights.holder Copyright : © 2017, Springer International Publishing Switzerland.
dc.rights.license License Number : 5292360032657 License date : Apr 19, 2022
dc.rights.uri https://s100.copyright.com/CustomerAdmin/PLF.jsp?ref=423df959-e5e8-4783-9930-a543d26aa6de
dc.subject DFM’s performance en_US
dc.subject Global financial crisis en_US
dc.subject Oil price en_US
dc.subject US NASDAQ en_US
dc.title The Assessment of the Global Financial Crisis on Dubai Financial Market Performance en_US
dc.type Conference Paper en_US
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