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Dubai investors look to stock exchange merger for hope

05 July 2010

Dubai investors are looking to the merger of the emirates two stock exchanges to help recover the biggest losses among Gulf bourses in the first half of 2010, The National has reported. "This consolidation is unique in the GCC. It will bring together the investors from both exchanges on one trading platform, driving liquidity growth and creating a powerful listing and trading hub," said Jeff Singer, the chief executive of NASDAQ Dubai.

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