Shares of 16 companies in the UAE provide a return of 12%

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Source: Dubai – Arabic.net

Talal Touqan, Head of Investment in Mubasher BH, said that there are 16 companies in the UAE markets that give a dividend yield of 7 to 12% compared to the share price at present, while the interest on deposits approaches zero.

He added in his interview with “Al Arabiya” channel that recessions usually last between 3 months to 6 months, and therefore the current prices are suitable for long-term investors, and for short-term investors, there are great risks due to the severity of volatility.

He explained that Emirati stock pricing operations are overstated, due to their association with global markets and fears of a global economic downturn.







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