VOL. XLII

No 51

20-December-1999

UAE

UAE Stock Market Still Imminent But Bond ActivityIncreases

The UAE Minister of Planning, Shaikh Humaid bin Ahmadal-Mu'alla, said on 11 December that "the establishment of the UAE stockmarket will be finalized in a matter of weeks," according to a report inthe Arabic daily al-Hayat. Earlier, Shaikh Sultan bin Khalifah AlNuhayyan, Chief of the Abu Dhabi Crown Princes Court, was reported by the GulfTimes, on 7 December, as saying more cautiously that the floor is...