06.10.2014 - Dubai SWF chief urges merger of UAE bourses
The head of Dubai’s sovereign wealth fund (SWF) has called for the creation of one stock exchange in the UAE, a merger that officials have unsuccessfully been trying to engineer in the past few years. The merger of Dubai Financial Market and Abu Dhabi Securities Exchange has been on the cards for years as the authorities hope to create a financial market with more depth that could accommodate larger listings and stimulate trade and investment flows. Despite the consensus that such a move would make sense, merger attempts so far have failed...............................................Full Article: Source
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