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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. Fintech innovations could add 150 million new Islamic banking customers by 2021, says EY; The GCC region's share of participation banking increased to 72%; Saudi Arabia, the UAE and Malaysia are the three largest participation banking markets, in terms of assets.
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