ABU DHABI/WAM The United Arab Emirates and the Republic of the Philippines formalised a new …
Read More »Abu Dhabi bourse plans short-selling in Q1 2017
DUBAI / Reuters Abu Dhabi’s stock market plans to introduce covered short-selling in the first quarter of 2017, its chief executive said on Monday, as it seeks to boost liquidity and attract more foreign investors. In covered short-selling, investors borrow shares and sell them in the expectation of repurchasing them later at a lower price. Regulators in the Gulf …
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