Arab Today, arab today uae ministry mulling bourse
Last Updated : GMT 18:31:50
Arab Today, arab today
Arab Today, arab today

UAE ministry mulling bourse

Arab Today, arab today

Arab Today, arab today UAE ministry mulling bourse

Dubai - Arabstoday

The Ministry of Economy is mulling the establishment of another market to list shares of private companies, a ministry circular obtained by Bloomberg News shows. \"The regulations code would be easier than those in the main market, and will guarantee sufficient safeguards for traders in the market through proper disclosure of information and financial data and control of the trading and monitoring,\" the document dated April 30 said. The ministry is seeking feedback from companies on a need for a new trading platform that would be based on \"selective listing\" and whether such listings would help improve credit ratings, according to the circular. The study is in coordination with the Securities and Commodities Authority, the market regulator. \"This is a step in the right direction, as both investors and companies need a safe platform to trade in,\" said Tareq Qaqish, deputy head of asset management at Al Mal Capital. \"We would like to see successful companies in the secondary market IPO and would encourage regulators to focus on companies in sectors that are not represented in the primary market.\" Initial public offerings in the UAE declined last year. Dubai trading volumes tumbled to a six-year low as the DFM General Index lost 17 per cent. Topaz Energy & Marine, an oil and gas services provider, pulled an IPO in London, citing an \"uncertain investment climate for new issues.\" NMC Health, this year listed on the London Stock Exchange.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today uae ministry mulling bourse Arab Today, arab today uae ministry mulling bourse

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today uae ministry mulling bourse Arab Today, arab today uae ministry mulling bourse

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday