A merger of the Abu Dhabi and Dubai stock exchanges to create a unified UAE bourse would attract international investors and the volumes needed for a healthy market, says Jeff Singer, the chief executive of NASDAQ Dubai.
"All these international investors see the UAE as one place - it's not Dubai and Abu Dhabi," he said yesterday. "Competing interests are at play and we are not big enough to have competing interests."
Three bourses operate in the UAE — Abu Dhabi Securities Exchange (ADX), Dubai Financial Market (DFM) and NASDAQ Dubai.
No comments:
Post a Comment