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: October 31, 2014
INTERNATIONAL. In his latest interview with The Gold Report, the 321gold.com founder delivers a frank overview of U.S. international policy and lambasts commentators who look to their tea leaves in search of the next market moves.
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INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
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INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
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