Dubai Investments PJSC (DFM: DIC), a diversified investment group listed on the Dubai Financial Market, has renewed its agreement with xCube LLC to serve as the Liquidity Provider (LP) for its shares. This renewal is part of Dubai Investments’ ongoing strategy to enhance shareholder value and improve market performance.

The partnership with xCube reinforces Dubai Investments’ goal of ensuring better tradability and increasing confidence in the company’s listed shares. Khalid Bin Kalban, Vice Chairman and CEO of Dubai Investments, stated that the renewal of the agreement reflects the Group’s commitment to enhancing market liquidity and long-term shareholder value. He noted that there has been a significant increase in trading activity over the past year, which, along with the Group’s strong financial performance, has bolstered investor confidence in their shares.

Saad Chalabi, CEO of xCube, emphasized that the renewal of their mandate with Dubai Investments showcases the effectiveness of disciplined and data-driven liquidity provision. He expressed pride in their role in improving the stock’s performance and reiterated their commitment to supporting market quality and investor confidence.

Dubai Investments manages a diverse portfolio of businesses aimed at generating sustainable financial returns for its shareholders. Established in 1995, the Group has become one of the leading investment firms in the UAE, with 15,956 shareholders, a paid-up capital of Dhs. 4.25 billion, and total assets exceeding Dhs. 22 billion. The Group focuses on business diversification across various sectors, including real estate, manufacturing, healthcare, education, and investments.

xCube LLC is a prominent market-making and brokerage firm based in Dubai. As the largest market maker on the DFM, xCube provides issuer services that enhance liquidity and shareholder value. Their online securities brokerage app aims to make capital markets accessible and supportive of investors, offering an inclusive platform without financial barriers.