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DFM declines speculations about merging UAE financial markets

DFM declines speculations about merging UAE financial markets
DFM renewed commitment to disclosure and transparency regulations
DFM
DFM
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Dubai - Mubasher: Dubai Financial Market (DFM) has denied speculations about a potential merger between the UAE's financial markets, according to a press release on Monday.

DFM announced its commitment to the disclosure and transparency regulations, confirming that the company will disclose any matters that could affect its share trading movement.

On Friday, 15 May, the Dubai media office also refuted a report by Reuters claiming that Dubai and Abu Dhabi are discussing ways to merge the assets of the two emirates.

Dubai also denied any talks held with Abu Dhabi for support from Mubadala.