Dubai’s Sheikh Ahmed says agreement in principle on UAE bourse merger - Al Arabiya News:
"A top Dubai economic policymaker said on Monday that an agreement to merge the two main stock markets in the United Arab Emirates, the Dubai Financial Market and the Abu Dhabi Securities Exchange, had been reached in principle but nothing had been finalized.
“It is going to be very positive. The agreement has been reached between the two - there is a dialogue but it is not yet finalized,” Sheikh Ahmed bin Saeed al-Maktoum, head of Dubai’s supreme fiscal council, told reporters on the sidelines of a conference in Abu Dhabi.
Sources told Reuters last year that advisors had been appointed to help facilitate a merger of the exchanges, but the idea has been discussed sporadically for years without a deal."
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