Yemen plans to launch stock exchange with help from DFM
Source: BI-ME , Author: BI-ME staff
Posted: Sun November 1, 2009 1:18 pm

UAE. Dubai Financial Market (DFM) is assiting Yemen to establish its own financial market and related infrastructure, reported the official WAM news agency, citing a senior Yemeni economic official.

The Undersecretary of Yemen's Ministry of Finance, Jalal Yaqoub, said he had met with Essa Kazim, the Executive Chairman of DFM, during his recent visit to Dubai to discuss how Yemen could benefit from  DFM's technical and technological expertise and how the DFM could promote and support Sanaa's project.

"The Ministry of Finance is intending to launch the Yemen stock exchange by year-end," Yacoub said, adding that nine government companies would be selected to implement governance standards in bid to list them in the bourse.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 20, 2017
UAE. The latest BNC Network report shows 543 hospitality projects are active in the UAE - reflecting the vibrancy of the leisure, tourism and the entertainment sectors.
date:Posted: September 18, 2017
SAUDI ARABIA. A new report by executive search firm Metin Mitchell & Co highlights the confidence that Saudi women feel about their working futures and what needs to be done to increase the number of women in the workplace.
date:Posted: September 15, 2017
UAE. First of its kind study in the MENA region reveals why we are emotionally drawn to certain destinations and environments; Visible everyday human activity, greenery, artistic features and bright colours found to be the most powerful drivers of emotional engagement.
dhgate