Pressure mounts to lift foreign ownership limits on UAE shares | The National:
"Pressure is building to lift foreign ownership limits in the UAE.
The property developer Deyaar Development has become the latest company to consider opening up to outside buyers.
UAE stocks are expected to be incorporated into MSCI’s emerging markets index in May – a move that is forecast to attract Dh1 billion in investments into listed companies. Last June the international index compiler upgraded the UAE’s classification from frontier market to emerging market.
Deyaar’s board is due to meet tomorrow to discuss allowing foreigners to own company shares."
'via Blog this'
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