Thin trading volumes weighed on Dubai Financial Markets Company shares, even as the bourse operator signed an agreement to help to establish a stock exchange in Erbil, the capital of Iraqi Kurdistan.
Topic Aramex ADCB Emirates NBD Abu Dhabi Securities Exchange NBAD Dubai Financial Market
The DFM will provide technical support to the Erbil Stock Exchange, the company said yesterday.
"The development of the financial market in Kurdistan is undeniably a significant step in setting its economy for a new era of development and enhancing its capabilities to attract foreign investments," said Essa Kazim, the DFM's chief executive.
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