MUMBAI: On his official visit to India, Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, visited the historic Bombay Stock Exchange (BSE) and rang the opening bell to kick off the trading day. Located in MUMBAI, the BSE is Asia’s first stock exchange, founded in 1875, and remains a key pillar of India’s capital markets.
Sheikh Hamdan was welcomed by BSE CEO Sundararaman Ramamurthy. During his tour, he was briefed on the exchange’s operations and growth. With over 5,600 listed companies and a market capitalisation crossing US$5 trillion in 2024, BSE ranks among the world’s most influential stock exchanges.
The visit focused on strengthening UAE–India market ties. Sheikh Hamdan highlighted the UAE’s interest in boosting cooperation between financial markets. He praised India’s rapid adoption of technologies like artificial intelligence and blockchain to support capital market growth—an approach closely aligned with the UAE’s own economic strategy.
He emphasised the UAE’s ambition to deepen links with global markets and attract cross-border investments. This aligns with Dubai’s D33 Economic Agenda, which aims to make Dubai one of the world’s top four financial hubs and grow its capital markets to AED3 trillion.
Sheikh Hamdan expressed hope for increased collaboration between the Bombay Stock Exchange and the Dubai Financial Market. Closer ties, he said, would cement Dubai’s role as a bridge connecting eastern and western financial markets.
The visit also underlined how both nations are leveraging innovation to shape the future of finance and trade in the region.
