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Mohammed Al Hashemi, President of the UAE Financial Markets Association, has said that the integration of the markets of Abu Dhabi and Dubai will create one of the strongest stock markets operating in the Gulf region, the Middle East and North Africa.
Al Hashemi said in an interview with Emirates News Agency, WAM, yesterday, that since the UAE has expanded the scope of its securities markets to a global level, which in turn has led to greater competition, requiring it to have a broader securities market with sophisticated products to market locally and internationally.
Al Hashemi pointed out that the integration of the markets of Abu Dhabi and Dubai will lead to the establishment of a securities market leader with a variety of products to attract more investors and big opportunities to promote the UAE capital market, which would have significant benefits for both shareholders and participants in the market and thus the national economy.