ENGTHS “Our Vision Is Clear, Our Goals Are Obvious, Our Strengths Are Great, Our Will Dubai GDP by Economic Sectors - 2014 Is Strong and We Are Ready

Dubai Financial Market Investor Presentation Q2 ,2015 i

MENASA Region : Macroeconomics ………………………. 1

Dubai : Middle East’s Financial Hub ………………………. 5

UAE Capital Markets : DFM / ND / ADX ………………………. 10

Two Exchanges, One Market : DFM & ND …………………….... 16

Corporate Strategy : Going Forward …………………….... 28

www.dfm.ae THE REGION – MENASA / GCC/ UAE

AN ECONOMIC POWERHOUSE MENASA REGION : SOLID ECONOMIC FUNDAMENTALS 2 -PROMISING GROWTH

Population and Growth Oil Reserves and Production (% of Global) More than 30% of world 2400 population 1.7% 60% MENASA region 2200 1.6% 40% is emerging as a 20% 2000 1.5% 0%

powerful (Millions) economic bloc 1800 1.4% MENASA* MENA North Central & Europe with tremendous America South growth potential, America combining the sovereign Population Growth (%) Proved Reserves Production wealth funds (SWFs) of the Mena region to the economic GDP at Constant Prices and Growth FDI 2006 - 2013 growth story of, say, India, 5,000 7% of Global GDP 10.0% 5.0% 200,000 4,000 8.0% hence, the 4.0% economic 3,000 6.0% 150,000 3.0% Millions paradigm shift 2,000 4.0% 100,000 towards this 1,000 2.0% 2.0% region from (US Billions) $ 50,000 0 0.0% 1.0% other emerging markets 0.0% 0 2006 2007 2008 2009 2010 2011 2012 e 2013 f GDP Growth (%) FDI % of GDP

Source: www.dfm.ae IMF, World Bank GCC REGION : LIQUIDITY ON THE BACK OF STRONG FUNDAMENTALS– 3 KEY EMERGING MARKET

The UAE, the second biggest Arab economy, is set to record 3.5 % growth in GDP in 2015, led by a focus on adopting industrial policies that will drive sustainable development across the UAE. -IMF 2015 Forecast

GCC GDP Growth Rates (2010 - 2014) GCC – Country Ratings 2013 Region was able to 2010 2011 2012 2013 2014 Country S&P Moody's Fitch quickly Bahrain 4.3% 2.1% 3.6% 5.3% 4.5% Bahrain BBB Baa1 BBB recover from Kuwait -2.4% 9.6% 6.6% 1.5% 1.0% Kuwait AA Aa2 AA the global Oman 4.8% -1.1% 7.1% 3.9% 4.6% crisis on the Oman A A1 A back of Qatar 16.7% 14.1% 5.1% 6.2% 6.2% Qatar AA Aa2 AA- Iran strong Saudi Arabia 4.8% 10.0% 5.4% 2.7% 3.5% Saudi Arabia AA- Aa3 AA- fundamentals UAE 1.6% 4.9% 4.7% 5.2% 3.6% UAE AA Aa2 AA-

GCC Ranking 2013 GCC – FDI Share by Country 2013

GCC region rated most promising region under WEF & GCC region accounted for US $ 24 Bn of FDI funds inflow World Bank rating Bahrain, Kuwait, To be 4.1% 7.6% Oman, 6.7%

checked Qatar, 0.0% UAE, 43.3% 25th 30th 26th 39th 32nd 80th 36th 99th

GCC Euro Area South Asia MENA KSA, 38.4% Competitiveness Ease of Doing Business

Source: IMF, World Bank www.dfm.ae UAE: 4 GROWTH PROSPECTS

• Strong growth in the non-hydrocarbon sector

• Regional wealth and liquidity

• Fiscal discipline with increase in investment spending to Growth to

• UAE’s service driven economy benefitting from the global trade Key Contributors Key

• AED 750 B worth of infrastructural projects to be spent on construction till 2021

• AED 14B to be spend on innovative projects in 2015

• AED 5.9 trillion in external trade over the last 5 years

Source: Dubai Chamber of Commerce www.dfm.ae UAE WILL ADHERE TO ITS LONG TERM 5 STRATEGY TO DIVERSIFY ITS ECONOMY

Oil Sector vs. Non-Oil Sector Oil Sector vs. Non-Oil Sector Comments Contribution to UAE GDP (2014) Contribution to UAE GDP (2021)

• UAE's long term strategy is to diversify its economy and reduce its dependence on 20 oil revue 31 • The non-oil sector has experienced positive growth during the past couple of years 69 • UAE aims to achieve this 80 through intensive investment in the industrial and tourism sectors, air and

Non-Oil Sector Contribution to GDP Non-Oil Sector Contribution to GDP maritime transport, import Oil Sector Contribution to GDP Oil Sector Contribution to GDP and re-export, as well as supporting a range of projects and initiatives based on the knowledge economy Source: IMF, World Bank www.dfm.ae SUBSTANTIAL GROWTH IN TRANSPORT, STORAGE, 6 W&R AND CONSTRUCTION SECTORS

Transport and Storage Wholesale and Retail Construction

Growth Rate Growth Rate Growth Rate 10 8 8

6 6

5 10% 4 8% 4 7% 8% 6%

2 2 3%

0 0 0 2013 2014 2013 2014 2013 2014

Source: IMF, World Bank www.dfm.ae DUBAI

THE FINANCIAL HUB OF MIDDLE EAST DUBAI: 6 VISION & ECONOMIC STRENGTHS “Our vision is clear, our goals are obvious, our strengths are great, our will Dubai GDP by Economic Sectors - 2014 is strong and we are ready. We want Other Sectors Government 6% Dubai to be a global center of Financial Sector Sector excellence, creativity and leadership”. 10% 5% -HH Sh. Mohammed Trade 27% Dubai’s core Ruler of Dubai Manufacturing strengths 13%

remain Well diversified economy based on Transportation 15% fundamentally international trade, banking and Real Estate and sound finance, tourism, information Construction 19% Hotel and technology and infrastructure. Restaurants 5%

Strengths Reasoning Highly sophisticated financial centre Dubai is ranked 7th as per 'International Financial Centres Competitive Assessment Report’ , a competitive study of 15 key global and regional financial centres done by KPMG

Favorable business environment Dubai has been rated very high in ease of doing business ranking 8th globally -World Competitiveness Index Strategic location with a strong logistics Trade capacity in UAE has tremendously improved over the years with free-zones like JAFZA infrastructure to bolster trade and trade growth at 15% in 2014 Solid tourism sector Hotel occupancy rates remained high throughout 2014 at 87%, benefitting both tourism and trade activities

Source : Dubai Chamber of Commerce , Dubai Statistic Centre, IMF www.dfm.ae DUBAI: 7 ISLAMIC ECONOMY INITIATIVE Initiative: The vision of His Highness Sheikh Mohammed, Ruler of Dubai, to transform Dubai into the capital of the Islamic economy has given a different resonance to this fast-growing sector of global economy. Dubai has indeed a row of strengths to take on that status. Dubai plan to become the The Strength: Capital of 1. The geo-economics of Dubai and the combination of Eastern and Western cosmo- Islamic Economy cultures, makes it easier to do business and more accessible to the key regions of in the next 3 Africa, the Levant, the GCC and Asia. years 2. The legal and judiciary systems in Dubai guarantee the necessary security for business and FDI. 3. World class Infrastructure and expertise

Islamic Economy

Islamic Islamic Halal Jurisdiction Finance Certification

DFM 1. Sukuks 2. Sharia Compliant Derivative Product Participation 3. New Islamic IPOs

AED 135 trillion amount of SUKUK listed in 2015

www.dfm.ae DUBAI: 8 RECENT EVENTS • Organizational restructuring of government departments & related entities

• Successful debt restructuring across all sectors with zero defaults

• GDP is projected to grow at 4%+ and above going forward, as per IMF, way above the average GDP growth of western counterparts

Key Achievements in 2014 :

• Dubai GDP growth for 2015 is expected at 3.5 %

• Foreign direct trade grew to AED 47 B in 2014 expected to grow 4%-5% in 2015

• Dubai ranks 4th among top global destinations for travelers

• Dubai is ranked 12th in world competitiveness index up four positions from last year

• UAE ranks 11th in AT Kearney FDI Confidence Index serving as main hub in Arab world

• Dh25 billion in total investment in infrastructure-related projects due to EXPO 2021

2014 was the strongest year economically for the UAE since its foundation, with a growth in Real Gross Domestic Product of 4.6%, and with Nominal Gross Domestic Product reaching Dh 1.47 trillion. The non-oil economy is projected to expand by over 4 per cent per annum in the coming years on the back of Dubai’s strong core services sectors.

Source : IMF / Dubai Chamber AT Kearney / JLL www.dfm.ae DUBAI: 9 NEW Vs. OLD COMPANY LAW

Requirements Greenfield Convert to Public Family Business Offer Size Not be less than AED 10 million. Not be less than AED 10 million. Not be less than AED 10 million. Founders Minimum 10 founding shareholders. Minimum 10 founding shareholders. Minimum 10 founding shareholders. Operating History / Not less than 2 years. Not less than 2 years. A minimum annual profit of 10% of received Paid Up A minimum annual profit of 10% of received Paid Up Annual profit / Capital for the two fiscal years prior to the submission of Capital for the two fiscal years prior to the submission of the Initial Public Offering (“IPO”) application. the Initial Public Offering (“IPO”) application.

A minimum dividend distribution equivalent to 10% of A minimum dividend distribution equivalent to 10% of Dividend distribution / received Paid Up Capital for the two fiscal years prior to received Paid Up Capital for the two fiscal years prior to the submission of the IPO application. the submission of the IPO application.

The Founders should not hold less than 20% Founders hold not less than 20% and not more than 45% Founders hold not less than 20% and not more than 45% Founders hold nor more than 45% of the total Share Capital. of the total authorized Share Capital. of the total authorized Share Capital. Refund Days Two weeks Two weeks Two weeks Subscriptions period 90 Days 90 Days 90 Days Offer Size Not be less than AED 30 million. Not be less than AED 30 million. Not be less than AED 30 million. Founders Minimum 5 founding shareholders. Minimum 5 founding shareholders. Minimum 5 founding shareholders. Operating History / Not less than 2 years. Not less than 2 years. A minimum annual profit of 10% of received Paid Up A minimum annual profit of 10% of received Paid Up Annual profit / Capital for the two fiscal years prior to the submission of Capital for the two fiscal years prior to the submission of the Initial Public Offering (“IPO”) application. the Initial Public Offering (“IPO”) application.

The Founders should not hold less than 30 % Founders hold not less than 20% and not more than 70% Founders hold not less than 20% and not more than 70% Founders hold nor more than 70 % of the total Share Capital. of the total authorized Share Capital. of the total authorized Share Capital. Refund Days 5 Days 5 Days 5 Days Subscriptions period 30 Days 30 Days 30 Days Book Building is now available for the companies as an another option with fixed Book Building is now available for the companies as an Book Building is now available for the companies as an Other price. another option with fixed price. another option with fixed price. Underwriting will be regulated by a Underwriting will be regulated by a ministerial decree Underwriting will be regulated by a ministerial decree ministerial decree

www.dfm.ae CAPITAL MARKETS

UNITED ARAB EMIRATES CAPITAL MARKETS: 11 KEY EXCHANGES IN THE REGION

Istanbul Stock Tunis Stock Exchange Algiers Stock Exchange Casablanca Exchange Damascus Stock Stock Exchange Exchange Beirut Stock Exchange Iraq Stock Exchange

Palestine Stock Exchange Tehran Stock Amman Stock Kuwait Stock Exchange Libya Stock Exchange Exchange Exchange Egypt Stock Exchange Qatar Karachi Stock Tadawul Exchange Exchange

Muscat Stock Market

Sudan Stock Exchange

Cash Equities, Bonds & Sukuks, REITS, Index & Commodity Only UAE offer a wide array of trade exchanges/products in Futures the entire MENA region

www.dfm.ae MARKET CAPITALIZATION 12 LIQUIDITY REVIEW

END-OF-PERIOD MARKET CAPITALIZATION (2003 –Q2, 2015 ) All figures in AED Mn 1.14% increase in market

capitalization in Q2,2015 1,156.4 1,500

1,000

507.5

319.1

(AED (AED Million)

136.7

239.4 55.4

500 215.8

200.8

182.0

322.7

369.5

259.7 183.8 0

Source : DFM/ND Analytics

www.dfm.ae TRADE VALUES : 13 DFM PERFORMANCE

All figures in AED Mn Trade Value on DFM DFM exchange 2003 – Q2,2015 has seen a slow down in trading driven by regional instability, oil 600,000 prices and

general 405,144 379,410

400,000 347,966

sentiments.

305,173 381,507

200,000

173,508

51,056

3,997 159,886

0 69,665

32,088

48,774 103,390

Source : DFM/ND Analytics www.dfm.ae TRADE VALUES : 14 DFM PERFORMANCE

AVERAGE TRADED VALUE - DFM All figures in AED ‘000 (2003 – Q2,2015 ) 1,600,000 1,505,596 1,519,946 1,400,000 1,354,995 1,238,313 1,240,539

1,200,000 (AED (AED Thousands)

1,000,000

800,000 807,734 694,030 642,113 600,000

400,000 277,549 200,000 173,660 193,549 127,841 0 13,414 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Jun-15

Source : DFM/ND Analytics www.dfm.ae MARKET VELOCITY 15 DFM PERFORMANCE

DFM Market Velocity (2003 – Q2,2015) 140% 127.5% 118.2% 120% 109.1%

100% 80.4% 74.8% 80% 61.6% 60%

37.3% 35.0% 34.7% 40% 26.5% 28.0% 17.6% 20% 7.2%

0% 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Jun-15

*Velocity is calculated as Annualized Trade Value / Market Capitalization

Source : DFM/ND Analytics www.dfm.ae DFM / NASDAQ DUBAI

TWO EXCHANGES, ONE MARKET UAE MARKETS : 17 REGULATIONS & OWNERSHIP

Regulatory SCA DFSA Authorities (UAE Regulations) (International Regulations)

ADX DFM NASDAQ Dubai Stock Exchanges

Government of Ownership ABU DHABI 33.33% Structure 100% 79.62%

66.67%

20.38%

Public Stake

www.dfm.ae DFM : GENERAL INDEX PERFORMANCE 19 AS OF Q2, 2015

DFM General Index Performance 2003 – Q2, 2015

8,000 7,426.37

7,000 5,931.95 6,000

5,000 4,127.33 4,086.83 3,774.00 4,000 3,369.81

3,000 2,515.16 1,636.29 1,803.58 1,630.52 1,622.53 2,000 1,353.39 1,000.00 1,000

0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Jun-15

Source : Reuters / DFM / ND Analytics www.dfm.ae DFM : GENERAL INDEX - COMPARISION 19 PERFORMANCE AS OF Q2, 2015

Index performance of global YTD Index Percentage Change exchanges 20.0% Q2, 2015 15.0%

10.0%

5.0%

0.0%

-5.0%

-10.0%

Source : Reuters / DFM / ND Analytics www.dfm.ae 21 DFM : TRADING BY CLIENT TYPE

Year to Date Trading – By Client Type

100 Institutional 15% 22% 21% 22% 25% 24% 25% Retail 29% 27% 28% 80

85% 40 78% 79% 78% 75% 76% 75% 71% 73% 72%

0 2006 2007 2008 2009 2010 2011 2012 2013 2014 Jun-15

Source : Reuters / DFM / ND Analytics www.dfm.ae 22 DFM : TRADING BY NATIONALITY

(UAE vs. Non-UAE)

100 5% OTHERS 12% 12% 15% 15% 13% 14% 16% 9% 18% 20% GCC 6% 6% 6% 6% 8% ARABS 80 5% 10% 9% 17% 12% 6% UAE 14% 22% 23% 25% 22% 20% 22% 23% 60

40 69% 70% 63% 60% 57% 56% 52% 54% 56% 53% 20

0 2006 2007 2008 2009 2010 2011 2012 2013 2014 Jun-15

Source : Reuters / DFM / ND Analytics www.dfm.ae DFM : TRADE MATRICES 22 SECTOR MIX

Trade Activity – Sector wise Trading Q2 2015 By Sector Transportation Telecom Q2, 2015 3% 1%

Financial Services 12%

Banking 25% Real Estate 53%

Others 4%

Insurance Services 1% 1%

Source : DFM/ND Analytics www.dfm.ae DFM : OWNERSHIP 23 SHAREOWNERSHIP RATIOS

BY TYPE OF INVESTOR ARAB BY NATIONALITY 4% Distribution RETAIL GCC 27% 7% of Share OTHERS Ownership 10% Q2, 2015 INSTITUTIONAL 73% UAE 79%

Foreign Ownership (% of Market Cap) 25.0% 20.8% 20.0% 16.0% 16.0% 13.0% 12.0% 12.0% 11.7% 15.0% 10.0% 11.2% 8.0% 10.0% 5.0% 0.0% 2006 2007 2008 2009 2010 2011 2012 2013 2014 Jun-15

Source : DFM/ND Analytics www.dfm.ae DFM : MARKET ACTIVITY 24 DFM SHARE PRICE & AVERAGE TRADING

DFM Share Price Movement DFM Share Price (AED) Q2, 2015 AED 1.98 2.50

2.00

1.50

1.00

0.50

0.00

3/29/2015 6/28/2015 1/4/2015 1/11/2015 1/18/2015 1/25/2015 2/1/2015 2/8/2015 2/15/2015 2/22/2015 3/1/2015 3/8/2015 3/15/2015 3/22/2015 4/5/2015 4/12/2015 4/19/2015 4/26/2015 5/3/2015 5/10/2015 5/17/2015 5/24/2015 5/31/2015 6/7/2015 6/14/2015 6/21/2015

Source : DFM/ND Analytics www.dfm.ae DFM : FINANCIALS 25 REVENUE MIX

2009 2010 2011 2012 2013 2014 Q2 , 2015 Trading Commission Fees 374.7 158.7 76.8 114.8 341.6 806.0 220.3 Key Financial Net Investment Income 91.5 73.2 54.6 45.3 53.4 75.4 32.4 2009- 2014 Other Fee Income 36.7 31.9 51.9 37.0 63.7 86.9 29.9 Total Revenue 502.9 263.8 183.3 197.1 458.7 968.3 282.6

Salaries 43.1 57.2 56.6 57.5 71.7 78.7 33.2 General & Administrative 18.7 28.6 29.6 24.6 28.0 30.9 13.1 Rent 5.8 9.0 9.2 7.6 7.6 7.9 3.9 Depreciation 11.3 17.2 16.7 10.8 7.0 6.5 2.8 Amortization 75.9 75.9 75.9 62.4 62.4 62.4 31.2 Other Expense 1.5 3.4 9.5 2.3 - - - Total Operating Expense 156.3 191.3 197.5 165.2 176.7 186.4 84.2

Interest Expense - - - - (1.0) (0.4) Revaluation of Investments - Trading - 1.0 (0.4) - - (22) - Minority Interest - 5.5 7.9 3.2 3.5 (0.5) (0.3) Net Income 346.6 79.0 (6.9) 35.2 284.6 759.3 198.4

EPS 0.04 0.01 - - 0.04 0.09 - EBIT Margin 70% EBITDA Margin 82%

Source : Reuters / DFM / ND Analytics www.dfm.ae DFM : FINANCIALS 26 REVENUE MIX & GROWTH

Percentage Share of Revenue Mix

7.3% Revenue 12.1% 18.2% Breakdown 28.3% 18.8% 13.9% 9.0% 10.6% 27.7% 2009- Q2 11.6% 7.8% 23.0% 11.5% 2015 29.8% 74.5% 60.2% 58.2% 74.5% 83.2% 41.9% 78.0%

2009 2010 2011 2012 2013 2014 Q2 2015

Trading Commission Fees Net Imvestment Incom Other Fee Income Growth Rates of Revenue Mix (%)

63% 198% 136% -4917% 18%72% 36% -25% -13% -25% -29% 41% -57% -6541% -58% -20% -52% -73% 2009 2010 2011 2012 2013 2014 Q2 2015 -66%

Trading Commission Fees Net Imvestment Incom Other Fee Income

Source : Reuters / DFM / ND Analytics www.dfm.ae DFM : FINANCIALS 27 REVENUE MIX & GROWTH

7.3% 9.0% 12.1% 18.8% 13.9% 28.3% 7.8% Revenue 18.2% 11.6% Breakdown 27.7% 23.0% 2009-2014 29.8% 74.5% 74.5% 83.2% 60.2% 58.2% 41.9%

2009 2010 2011 2012 2013 2014

Trading Commission Fees Net Investment Income Other Fee Income

198% 136% 72% 63% -24% -13% 49% 41% -25% 36% -41% -20% -17% 18% -29% -58% -52% -65% 2009 2010 2011 2012 2013 2014

Trading Commission Fees Net Investment Income Other Fee Income

Source : Reuters / DFM / ND Analytics www.dfm.ae 28 SHAREHOLDER VALUE

STRATEGIC VISION

SUPPLY DEMAND (Equity listings and ( Market access, financial instruments) members & investors) STAKEHOLDER VALUE SERVICES ( Innovative customer- centric services) • Direct Market Access (DMA) • IvESTOR Card • eBroker Services • DFM international • Dividend distribution & • New eService Portal Roadshows smart AGM Services • eSAR Issuer Service • Expanded investor base • eIPO Online Subscription • Online Advertising with increased market Platform • EFSAH Online Disclosure activity and new IPOs • New IPO Equity Listings • eReports & Stock • DFM mobile application Portfolio • New enhanced DFM Website www.dfm.ae CORPORATE STRATEGY

DFM – NASDAQ DUBAI STRATEGIC INITIATIVES 29 ADDRESSING FUTURE GROWTH

• Upgrade to MSCI Emerging Market Status

• G30 Compliance and addressing the gaps

• Organizational restructuring and monetization of financial services

• Initiating investor –centric services to increase liquidity and trading activities

• Smartphone based services

• IPO focus and listings ( 4 New IPO in 2014 – Marka / Emaar Malls / Amanaat / Dubai Parks)

www.dfm.ae STRATEGIC INITIATIVES 30 MSCI UPGRADE

CRITERIA Emerging DFM / ND

A. ECONOMIC DEVELOPMENT Key criteria's A.1 Sustainability of economic development No requirement Strong economic for Emerging fundamentals with Market status expected GDP growth of 4% for 2015

B. SIZE AND LIQUIDITY REQUIREMENTS B.1 Number of companies meeting the following 3 12 standard index criteria DFM has met all eligibitly i) Company size ( Full market cap ) USD 873 Mn USD 97 Bn criteria's for MSCI ii) Security size ( Float market cap ) USD 436 Mn USD 25 Bn upgrade 55% and is been iii) Security liquidity 15% ATVR moved to Emerging C. MARKET ACCESSIBILITY CRITERIA Market C.1 Openness to foreign ownership Significant 49% status (Current Foreign effective Ownership – 18%) June 2014 C.2 Ease of capital inflows/outflows Significant Significant C.3 Efficiency of operational framework Good & tested Good & tested * C.4 Stability of the institutional framework Modest Good *

* Successful DVP implementation and introduction of SBL as part of G30 compliance www.dfm.ae STRATEGIC INITIATIVES 31 PIONEERING IPO STUDY

2009 DFM Research has over 500 2011 commissioned companies Research over Targeted 2014 Independent in the UAE 500 companies IPO Research in the region, IPO listing marketing 2015 Consultants CIS, and Africa in DFM - campaign New for MARKA & to attract Company intensive issuers Law to drive EMAAR IPO market IPO 2010 -2013 MALLS through study Dialog with top 100 out the companies in prime position period of going public on DFM & NASDAQ Dubai

The following initiatives have been taken to support campaign:

2009 Step by Step “ DFM Guide to going 2012 - Access to Capital Seminar for JAFZA Dubai -Regional IPO Market Study for NASDAQ Dubai public” launched -MOU with Dubai SME 2010 IPO Market Study Results from one on -2nd Access to Capital Seminar for SME one with 40 potential IPO candidates 2013 -NASDAQ Dubai IPO Guide 2011 -IPO Retreat for private, semi- -Road show for IPO in India & Kuwait. nd th government and family owned -2 IPO Retreat on November 19 ,2013 2014 - 4 IPOs businesses. -MOU with JAFZA 2015 - New Company law announced. - 3rd DFM IPO forum on November 9 - Re- Listing of Amlak www.dfm.ae ii CONTACTS :

Racha El Hassan Chamut Areej Al Saeed Head of Investor Relations Manager Chairman's Office

P.O.Box: 9700, Dubai, UAE P.O.Box: 9700, Dubai, UAE Tel: +971 4 305 5650 Tel: +971 4 305 5607 Fax: +971 4 331 4924 Fax: +971 4 331 4924 [email protected] [email protected]