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Email this article: UAE amends stock ownership rules in transparency move
Posted: Tue June 12, 2012 1:01 pm
UAE. Markets must be notified of intention to buy over 30% stakes; UAE lacks proper takeover code for publicly listed cos; Analyst says enforcement action needed.
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UAE. Up 400,000 barrels per day from August and the highest level since December 2013, led by Libyan output recovery; Higher volumes from Iraq also drove the increase; "It's numbers like this that are contributing to the enormous slide in oil prices."
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