Middle-east Arab News Opinion | Asharq Al-awsat

Dubai's 2 Stock Exchanges Start to Act as 1 - ASHARQ AL-AWSAT English Archive
Select Page

DUBAI, United Arab Emirates, (AP) — Dubai’s two stock markets are moving closer together by linking their trading platforms in a bid to boost the number of shares changing hands.

Shares listed on the Nasdaq Dubai stock exchange began trading on the more active Dubai Financial Market at the start of the local business week Sunday.

Nasdaq Dubai officials say the new system will give individual investors better access to its stocks.

The electronic Nasdaq Dubai exchange has struggled to attract investors. Its most-traded stock is DP World, the global port operator run by indebted state conglomerate Dubai World.

DFM, the city-state’s main bourse, agreed to buy the Nasdaq Dubai in December in a deal valued at $121 million.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

More Posts

Follow Me:
FacebookGoogle PlusYouTube