Weekly MENA Newsletter will be delivered to your email in PDF format every Friday (52 Issues per Year).
It has been easy to overlook the considerable changes that have been taking place across the Gulf equity markets, given the bumper year that GCC conventional bond issuance has been enjoying – well over $50bn for the year to date (MEES, 23 September).
But 2016 has seen a raft of new regulations implemented and mooted, along with the launch of new products.
On 1 September the Nasdaq Dubai exchange began trading single-stock futures on shares in seven of the UAE’s biggest companies accounting for almost half UAE markets’ traded value. This marks a major development for equity markets in the UAE, where short-selling is restricted and lack of opportunities to hedge has been a key concern among foreign investors. (CONTINUED - 2138 WORDS)
DATA INSIDE THIS ARTICLE
|table||Saudi Capital Markets Authority Relaxes Qualified Foreign Investor Rules|