Esca bans three firms
United Arab Emirates: Sunday, October 07 - 2007 at 15:24
The Emirates Securities and Commodities Authority (Esca) has banned three firms from making any purchases for a period of 15 days ending on October 21, reported Reuters citing a statement on the Dubai bourse's website. The firms in question are the Islamic Brokerage for Financial Services, the Emirates Islamic Shares and Bonds Centre and Al Dhafra Financial Brokers. No reason for the ban has been given.
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Jonathan Sheikh-Miller, Deputy EditorSunday, October 07 - 2007 at 15:24 UAE local time (GMT+4)
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