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ABU DHABI / WAM
The number of marketing foreign funds incorporated by the Securities and Commodities Authority (SCA) in the
UAE grew 5.6 percent to 633 funds by
the end of 2016, from 599 in 2015.
SCA in recent statistics indicated that the number of foreign marketing funds operating in the country over the past five years jumped from 218 in the year 2012 to 498 in 2013 and then surged to 528 in 2014 then to 599 by the end of 2015.