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Wednesday, 2 May 2018

UAE stock markets need government investment portfolio - analysts | ZAWYA MENA Edition

UAE stock markets need government investment portfolio - analysts | ZAWYA MENA Edition:

"A group of analysts called for the creation of a sovereign fund for stock investments or a government portfolio to control stock markets in the UAE, given the implausible losses that have been incurred by them since the beginning of the year.

The UAE government and national sovereign funds must interfere to stop those losses, capital market analyst Basel Abu Teima told Mubasher.

An independent entity should be incorporated to promote awareness in markets and supervise thereof, NamaaZone CEO Iyad Aref said."



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