UAE stock markets risk losing companies to global rivals if liquidity and credibility are not improved, says the head of a leading UAE investment group.
Abu Dhabi Capital Management (ADCM), an alternative investment firm, is to list one of its funds on London's Alternative Investment Market (AIM) rather than a UAE bourse.
The company believes local markets do not have adequate liquidity to support such a listing and face numerous other hurdles in attracting business.
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