UAE Stock Market Correction Offers An Opportunity To Reform » Gulf Business:
"Stock market corrections often throw up the best opportunities for reform. In the case of the UAE’s pre-Ramadan correction, the most logical way to revive confidence would be to unite the two stock exchanges of Dubai and Abu Dhabi into a single well regulated and more highly capitalised entity.
If nothing else, reform offers investors some compensation for their recent losses and a chance to share the blame.
No speculator buying into the top of a bull market likes to think that they might be in some way to blame for its collapse. It’s always the forces outside of their control that somehow ruined their luck and not their own blind optimism."
'via Blog this'
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