VOL. XXXVIII

NO. 19

6-FEBRUARY-1995

Financial and Banking News

Capital Markets

Legislation For UAE Stock Market Still Some Way Off, Minister Says

Legislation to establish a formal stock market in the UAE is likely to becompleted by the end of the year, says Mr. Ahmad Humaid al-Tayir, the country'sMinister of State for Financial and Industrial Affairs. A meeting to considerthe subject was held on 28 January and was attended by Mr. Sa'id Ghobash, theMinister of Economy and Commerce, and Mr. Sultan...