|Location||Dubai, United Arab Emirates|
|Owner||Dubai Financial Market (66%), Borse Dubai (33%)|
|Key people||Abdul Wahed Al Fahim (Chairman), Hamed Ali (CEO)|
NASDAQ Dubai is a Dubai-based stock exchange that lists regional and international shares in the Middle East. Through the exchange, regional issuers can access regional and international investment. International issuers can access investment from the region, through a primary or dual listing.
In 2008, NASDAQ OMX acquired a one-third stake in the DIFX and it rebranded to NASDAQ Dubai. The other two-thirds was owned by Borse Dubai, the holding company of NASDAQ Dubai and Dubai Financial Market (DFM).
In 2010, the exchange took a step towards creating a single regional liquidity pool by moving all its equities trading on to DFM’s trading platform. The same year DFM acquired a two-thirds stake in NASDAQ Dubai, with Borse Dubai retaining a one-third stake.
In 2011, the exchange transferred its Listing Authority from its own control to that of the Dubai Financial Services Authority.
In 2012, the DFSA reduced the minimum market capitalisation for companies to list to USD 10 million, from USD 50 million previously. This change has opened the door to listings by small and medium-sized enterprises, including family owned businesses. 
In April 2014, Emirates REIT listed its shares following its IPO, in the first listing of a Real Estate Investment Trust (REIT) on an exchange in the GCC. Emirates REIT raised 201 million dollars and was 3.5 times oversubscribed.
In the same month, the exchange launched an Islamic financing Murabaha platform. This offers an alternative to many traditional Murabaha solutions, which can carry a risk of losses through price movements, spreads and poor liquidity as well as delays.
In June 2014, NASDAQ Dubai had 28 current Sukuk listings with a total nominal value of USD 18.3 billion, which made Dubai (NASDAQ Dubai plus DFM) the third largest venue in the world for Sukuk listings.
Products listed on NASDAQ Dubai include ordinary shares listed by DP World. DP World is the largest IPO in the Middle East and raised $ 4.96 billion. It was 15x oversubscribed and is one of the most valued companies in the region.
The exchange is the third largest in the world for listed Sukuk by value and conventional bonds are also listed. Equity derivatives can be traded. The exchange operates a Murabaha platform for Islamic financing.
The trading hours of NASDAQ Dubai are from 10:00 am to 2:00 pm (06:00 am to 10:00 am GMT) from Sunday to Thursday.
The Dubai International Financial Centre
NASDAQ Dubai is located in the Dubai International Financial Centre (DIFC), a financial free zone which opened for business in 2004. Financial activities in the DIFC are governed to international standards by an independent regulator, the Dubai Financial Services Authority. NASDAQ Dubai has a licence from the DFSA to operate an exchange. The President of the DIFC is Sheikh Mohammed bin Rashid Al Maktoum, the UAE Vice President, Prime Minister and Ruler of Dubai.
The Dubai Financial Services Authority
NASDAQ Dubai is regulated by the Dubai Financial Services Authority, this structure falls into a number of different categories:
- Rules which regulate the process which companies must follow if they wish to have their securities admitted to trading on the market operated by NASDAQ Dubai.
- Rules which regulate the obligations of companies after their securities have been admitted to trading (e.g., continuous disclosure rules) – also covered by the Issuers and Securities Rules
- Rules which regulate the process which an entity must follow in order to become a Member of NASDAQ Dubai.
- Rules which regulate the behaviour of Members on the market operated by NASDAQ Dubai and the obligations which Members owe to their clients – also covered by the Business Rules.
- Rules which regulate Clearing and Settlement procedures are covered by the NASDAQ Dubai Business Rules.
- Abu Dhabi Securities Exchange - stock market for UAE companies
- Dubai Financial Market - stock market also for UAE companies
- List of stock exchanges - stock exchanges around the world
- "Clifford Chance advises on the largest ever IPO in the Middle East | Clifford Chance". AMEinfo.com. Retrieved 2011-08-09.
- "DP World nets $4.9bn in region’s biggest IPO - Money Matters". livemint.com. 2007-11-21. Retrieved 2011-08-09.
- "NASDAQ Dubai". NASDAQ Dubai. Retrieved 2011-08-09.
- "Admission and Disclosure Standards". NASDAQ Dubai. Retrieved 30 October 2014.
- "Business Rules". NASDAQ Dubai. Retrieved 30 October 2014.