AHG Chairman holds talks with senior officials from the Securities and Commodities Authority
- United Arab Emirates: Wednesday, October 24 - 2012 at 10:20
- PRESS RELEASE
The Chairman of Al Habtoor Group, Khalaf Al Habtoor, welcomed officials from the Securities & Commodities Authority (SCA) at the Group's head office in Dubai on Tuesday, October 23.
The meeting comes as the Al Habtoor Group considers an Initial Public Offering (IPO).
Khalaf Al Habtoor said "The meeting was aimed at broadening our understanding of what is required to take the Group public. We have already taken steps to ensure we have all the necessary practices in place."
The SCA, which regulates the share market, aims to develop the capital market in the United Arab Emirates and help contribute to national economic growth. It recently introduced new rules to broaden the share market horizon, by bringing in new institutional players who are equipped with tools that can create demand and supply for shares in order to boost trading volumes.
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / 4C. AME Info FZ LLC / 4C is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.