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



Run MS Office Pro
2010 on latest Win7
Ultimate OS to
increase your
business confidence




Buy HP Pavilion
 laptop with Corsair
DDR3 RAM for
superb performance




Need a personal loan
in Dubai? Contact
Citibank UAE for all
of your banking needs

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: May 17, 2013
EGYPT. The Egyptian government has taken tentative steps towards reducing the roughly US$20 billion subsidy system that supporters say provides vital aid to the one-in-four Egyptians in poverty, and critics say is unsustainable and enriches the corrupt.
date:Posted: May 17, 2013
UAE. Red Hat's Mark Little and Tom Llewellyn explain how Large-scale Elastic Architecture for Data-as-a-Service (LEADS) will enable enterprises to leverage all of the public data on the web against privately held data.
date:Posted: May 17, 2013
UAE. For those businesses yet to participate in the Middle East healthcare sector expansion, there is still time; investment in the field will be sustained, if only because of investment by the Saudi government.



Wide selection of craft tools and coloured pencils will give more options to your creative side


Doing business in the Middle East? Your starting point is GulfTradeHolding, the Middle East Business Directory