Jafza creates platform for companies to list in UAE stock markets | The National:
"Jebel Ali Free Zone Authority (Jafza) has opened the door for its 7,300 registered companies to add to the IPO momentum that is building in the emirates.
Jafza said yesterday it has created a new business framework enabling companies in the free zone to apply directly to the regulator to list shares on the Nasdaq Dubai exchange.
Optimism is high for new offerings and the outlook for equities is bullish. Dubai and Abu Dhabi indexes posted gains of 32 per cent and 14 per cent respectively in the first quarter of this year, carrying through last year’s momentum."
'via Blog this'
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