Merrill Lynch Dubai index
United Arab Emirates: Saturday, November 04 - 2006 at 06:25
Merrill Lynch is tracking Dubai stocks with the Dubai Investible Index, aimed at international investors, Gulf News reports. Vice-chairman Bob McCann said Merrill plans to create a market in derivative-linked products to the index. This will allow international investors to bypass strict rules on foreign ownership of local companies.
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James McInerney, News EditorSaturday, November 04 - 2006 at 06:25 UAE local time (GMT+4)
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This Article was updated on Thursday, November 16 - 2006
Index : Finance and Economy
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