Many firms eye listing on 2nd market - Al Baloushi

Abu Dhabi – Mubasher: Several companies in the UAE are ready to be listed on the second market, said the Abu Dhabi Securities Exchange’s (ADX) CEO Rashid Al Baloushi during an intervierw with CNBC Arabia.

The number of the companies listed on the second market is expected to increase to 10, Al Baloushi told the CNBC Arabia, noting that it would be the right time to list these companies in a bid to promote the new market.  

The top official concluded that investors would enjoy many privileges on the second market, such as stock mortgage.  

Mubasher Contribution Time: 04-Dec-2017 09:14 (GMT)
Mubasher Last Update Time: 04-Dec-2017 09:18 (GMT)