Another financial brokerage has shut its doors as a trading drought across local markets saps the industry of fees.
Premier Financial Services, based in Abu Dhabi, said it had received the approval of the country's stock exchange regulator, the Securities and Commodities Authority (SCA), to suspend its brokerage activities for up to six months.
"The markets are not helping," said Ahmed Al Hamed, a manager at the firm. "It was a board decision."
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