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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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KUWAIT. Kuwait has built up very large fiscal and external net asset positions over many years, which will continue to help it weather the current low oil price environment; The overall fiscal and external balance sheets will remain strong, backed by a significant stock of financial assets.
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