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Arab bourse union hampered

Egypt: Tuesday, August 22 - 2006 at 06:18

A lack of political will and necessary regional financial infrastructure make consolidation in Arab stock exchanges difficult, according to economist Dr Ibrahim M Oweiss, interviewed in Gulf Times. Egypt-based Arab Exchange is reported to have commissioned a survey into a unified exchange. But analysts say a unified currency would encourage closer integration.



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James McInerney James McInerney, News Editor
Tuesday, August 22 - 2006 at 06:18 UAE local time (GMT+4)

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