VOL. XLII

No. 13

29-MARCH-1999

UAE

UAE Stock Exchange Faces Delays

A source at the UAE Ministry of Economy and Commerce saidthat the establishment of an official stock exchange will be delayed until theend of the summer, according to a report in The Khaleej Times on 23 March. Thesource said that some "urgent issues" which would requireconsiderable discussion were likely to delay final approval. The draft stockmarket law was approved by the UAE cabinet and is awaiting approval of theHigher...