Dubai Financial Market Essay Example | Topics and Well Written Essays - 1250 words

Dubai Financial Market - Essay Example The study has been initiated with a brief introduction on DFM and its establishment. This will assist the readers to know about certain interesting facts of DFM in relation to its establishment, and the stock performance on DFM in the last five years. The second part of the study is dedicated to its operations, which includes the strategies objective and organizational structure of the organization, the elements which play significant role in DFM, and types of securities that are traded in DFM. DFM aims to offer its investors a world-class financial market for securities and other financial asset trading. DFM is a fully automated secondary market or Bourse, which offers trading of shares, bonds, and sukuk, through only accredited brokers. The business framework is well connected through 3000 peripherals, which makes trading easier, safe, and effective. OPERATIONS Bourse Bourse is a place where these securities are purchased and sold. Traditionally the name Bourse was given after the name of a Belgian town which was known as Brouge. Bourse was the name of the owner of the hotel where the merchants met. Soon this name was inscribed on top of the financial markets where trading of securities was done. Bourse is the secondary market where securities are re-traded. DFM is also a Bourse, where securities are re-traded (sold or purchase through accredited brokers). Strategic Objectives and Organizational Structure The aim of DFM is to focus on the strategies to branch out their revenue streams and also develop ways to supply various innovative products or services. This would increase the activity of the members, markets and participants, that will assist in increasing the shareholders value and will lead to strategic growth and development, as Figure 2... This researcher of this essay focuses towards a precise discussion on Dubai Financial Market, which involves an analysis of the performance of Dubai Financial Market, its operations, securities that are traded in the market, and its financial performance. This essay discusses the Dubai Financial Market (DFM), that was founded as a sovereign corporate body, by the Ministry of Economy. It operated like a secondary market that traded securities issued by different public companies, units of diverse investment funds, bonds that were issued by local, and Federal government, and also public institutions. Dubai Financial Market started its operations since March 2000. As it was stated by Executive Council, DFM was set as a Public Joint Stock Company, in United Arab Emirates. The paid up capital for Dubai Financial Market was ascertained to be AED 8 billion, that was used to allocate around 8 billion shares. It was also decided that around 20 percent of shares would be offered for the public subscription. Trading on DFM started in March 2007. Dubai Financial Market was created with the vision of creating a world class marketplace in the Gulf region. The products of DFM discussed in the essay are segregated into two types, that are traded securities also known as shares, and debt securities, namely Islamic Sukuk and Bonds. The researcher then concluds that the DFM organization succeed because it was built on five key principles, namely: transparency, integrity, confidentiality, innovation and efficiency.

Discuss the key features of effective corporate decision making and Essay - 1

Discuss the key features of effective corporate decision making and access how well these are being applied in an organisation y - Essay Example Contextually, it can be stated that effective decision-making is a systematic process through which business managers select alternative sources and implement it in an efficient manner in order to attain their various business purposes and objectives by a significant level (Harvey, 2007). Police forces of the United Kingdom (UK) can be recognised according to the set of ranks under which several types of departments are operated in an effective manner. The UK police comprise British police force and City of London Police where various sorts of job responsibilities are distributed according to the departmental requirement. In general, the core mission of entire police forces is to prevent crime and protect community people against the conduct of any uncertain criminal assaults. It has been apparently observed that the UK police forces perform their job responsibilities according to the community requirements (Association of Chief Police Officers, 2011). In this paper the key features of an effective corporate decision-making process will be taken into concern. Moreover, the application of this process relating to the UK police force has also being discussed. ... n to determine the workplace objectives of the police force of the UK, it has been viewed that the core workplace objective of the UK police is to maintain equality that helps them to create and make essential decisions in order to improve their operational performance. In this regard, the Metropolitan Police Service (MPS) of the UK formulates certain equality objectives in order to evaluate diversity as well as equality amid the entire police forces. Through this aspect, departmental heads understand the behavioural attitudes of entire police force and also comprehend their acceptance capability towards fulfilling their different job responsibilities (Assistant of Chief Police Officer, 2011; Mayor’s Office for Policing and Crime, 2013). There are several equality objectives that are implemented within the workplace of the UK police force through which they can improve their operational performance. These equality objectives include delivering fair, responsive as well as favou rable services to every community member and engaging all the community members in listening as well as responding their respective problems. Additionally, the other objectives comprise developing an effective workforce in order to become more responsible towards the community members and preserving equality standards while performing and delivering services to the community members (Assistant of Chief Police Officer, 2011; Mayor’s Office for Policing and Crime, 2013). After acquiring a brief idea about the workplace objectives of the UK police force, it has been viewed that at present, UK police department face several types of workplace issues that impose considerable impact upon their operational activities. Since the past few years, ‘Public disorder’ is one of the challenging issues