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

UAE bourse merger ‘unlikely before 2011′

Posted on 19 October 2010

From Tradearabia.com: A potential merger between the United Arab Emirates’ two main bourses is unlikely before 2011 but would be good for traded UAE companies, the chief financial officer of the region’s largest listed builder said on Monday.
“I don’t think you will see any progress before next year because the process takes time,” Ziad Makhzoumi, CFO at Arabtec said at the Reuters Middle East Investment Summit in Dubai……………………………………….Full Article: Source

 
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