Reforms will make UAE stock market listings more competitive | The National:
"With new rules introduced last month by the Ministry of Economy, observers say an important step has been taken towards making listings on the local bourses more attractive.
The regulations allow for companies to use existing shares or raise fresh equity capital when listing on the Abu Dhabi Securities Exchange or Dubai Financial Market.
The framework is a marked improvement to the existing one, in which companies had to increase their capital by 55 per cent and founding shareholders had to lock up their equity for two years following the initial public offering."
'via Blog this'
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