Abu Dhabi, Dubai bourses agree on merger | Abu Dhabi, Dubai bourses agree on merger -
Dubai-Financial-Market

Abu Dhabi, Dubai bourses agree on merger

: Tuesday, April 08 - 2014 @ 02:42

Sheikh Ahmed bin Saeed Al-Maktoum, head of Dubai’s supreme fiscal council has said that an agreement to merge the Dubai Financial Market and the Abu Dhabi Securities Exchange had been reached in principle, but nothing had been finalised, Reuters has reported. “It is going to be very positive. The agreement has been reached between the two – there is a dialogue but it is not yet finalised,” Sheikh Ahmed told reporters on the sidelines of a conference in Abu Dhabi.

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Tuesday, April 8- 2014 @ 2:42 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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