Merger of DFM and ADX to result in the listing of 36 Islamic entities on a single bourse
UAE: After a hiatus of almost three years, it has been reported that the merger between Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) is finally on its way. It is said that both parties have appointed advisors for the tie-up and is currently undergoing a valuation exercise. At present, ADX has 67 companies listed on the exchange whilst DFM has a register of 64 listed companies. The union of both bourses will result in a total of....
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