Dubai’s Biggest Broker Doubling Staff as Trading Surges on Syria - Bloomberg

Dubai’s Biggest Broker Doubling Staff as Trading Surges on Syria - Bloomberg:

"Dubai’s biggest brokerage plans to almost double staff over the next year, counting on growing demand for the emirate’s equities, as trading in the world’s most-volatile stock market climbs to a three-year high.
Mena Corp Financial Services LLC, which traded the most shares in Dubai since April among 48 brokerages tracked by the exchange, will boost the number of employees to 50 from 27, Managing Director Nabil Al Rantisi said by phone Sept. 10. The 100-day moving average of stocks traded in the emirate surged to 692 million dirhams ($188 million) yesterday, the highest level since February 2010, data compiled by Bloomberg show."

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