Abu Dhabi to Host Stock Market Forum

Author: 
Arab News
Publication Date: 
Fri, 2008-01-11 03:00

ABU DHABI, 11 January 2008 — Latest theories in financial reading and analyses of stock market indexes will be reviewed at the third Gulf Cooperation Council Stock Market Forum (SMFEX) to be hosted by Abu Dhabi in March. Announcing the event, Abdul Raheem Naqi, secretary-general of the GCC Federation of Chambers, said: ‘’The recently launched GCC Common Market will have great impact on the outlook of financial markets as it will open up vast opportunities for free movement of capital between bourses of GCC member states. ‘’The March 10-11 aims to review and study the possibility of unifying stock market rules and regulations in the GCC countries and promote the financial services available in the GCC financial market. He added it will discuss the necessity of diversifying investment vehicles in the GCC financial markets, underline the role of the GCC banks in financing investors in the financial markets and listing of real estate companies to the GCC stock market indexes.

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