An equity market for small companies has been approved by the "highest authorities" in Dubai, the chief executive of the government agency Dubai SME says.
Abdul Baset al Janahi said Dubai SME and the Department for Economic Development (DED) were working hard to implement a small-business bourse to create a "huge opportunity" for investors.
"The DIFC [Dubai International Financial Centre], the DFM [Dubai Financial Market], all of us are on the same table," Mr al Janahi said on the sidelines of Franchise UAE, a conference in Dubai to promote franchising in the Emirates.
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