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Email this article: CME raises Dubai Mercantile Exchange stake in recapitalization plan
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Posted: Tue February 21, 2012 12:28 pm
UAE. Dubai Mercantile will receive "significant new funds," Chief Executive Officer Thomas Leaver said in a conference call, without providing further financial details.
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UAE. Business conditions improved at the strongest rate in six months, driven by sharper expansions in output and new orders. Marked growth of new work resulted in greater pressure on operating capacity, however, as backlogs of work rose at the quickest pace since the survey began in August 2009.
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