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
china wholesale market

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: March 3, 2015
INTERNATIONAL. Unexpected developments can catch the herd wrong-footed and spark major movements when the masses scatter at the same time. When that occurs, those who resisted the herd may find themselves rewarded. We believe that we are approaching such a point.
date:Posted: March 3, 2015
QATAR. QNB Group report examines recent developments and the outlook for the Qatari economy as it continues its strong growth based on large investment spending.
date:Posted: March 3, 2015
INTERNATIONAL. This isn't about Netanyahu and Obama, and both know it. It is about the reconfiguration of a region the US cannot subdue and cannot leave. It is the essence of great power strategy: creating a balance of power in which the balancers are trapped into playing a role they don't want.
INTERNATIONAL. This isn't about Netanyahu and Obama, and both know it. It is about the reconfiguration of a region the US cannot subdue and cannot leave. It is the essence of great power strategy: creating a balance of power in which the balancers are trapped into playing a role they don't want.
dhgate