Stock markets in Gulf oil producers need to introduce stimulants as part of a series of measures aimed at upgrading their performance and preventing sharp fluctuations following one of their largest declines in 2011.
The government-controlled Emirates Industrial Bank (EIB) made the proposal, which it said must include cutting the government stake in listed shares and attracting capital from sovereign wealth funds (SWFs) in the region.
The Dubai-based EIB suggested incentives along with other measures following what it described one of the most difficult years in the performance of the bourses in the six-nation Gulf Cooperation Council (GCC) in 2011.
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