No. 20

12 February 1996


UAE Stock Exchange May Open This Year

The Director General of the Dubai Economic Department, Mr. Muhammad al-'Abbar, has said that the UAE expects to open its stock exchange this year, with electronically-linked trading floors in the capital Abu Dhabi and neighboring Dubai. Differences have arisen between Abu Dhabi and Dubai over the location of the exchange, but these have now been resolved by agreement to set up two electronically linked...