Sunday 18 March 2012

Unified UAE bourse and more IPOs needed to boost liquidity and restore investor confidence « ArabianMoney

It’s tragic to read that interior design giant Depa is considering to delist from the Nasdaq Dubai as The National reports today. That would leave port operator DP World as the only active stock on that failed exchange.

Then again consider the fact that Abu Dhabi healthcare group NMC is to raise about $250 million from its initial public offering on the London Stock Exchange and not the Abu Dhabi Securities Exchange.

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