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Islamic Finance Briefing - Categorized | Capital Market (Equity, Mutual Funds), Emerging Trends more

Gulf bourses chase global alliances

Posted on 12 August 2009

From Tradearabia.com: Political pride is likely to delay much-needed consolidation of Gulf stock exchanges, with regional bourses focusing instead on alliances with global players and diversification from cash equities.

Bahrain will launch the ninth stock exchange in the region next year — the UAE alone has three bourses — and with volumes low and fees high, the case for consolidation is strong…………Full Article: Source

 
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