Non-UAE nationals to trade Union Properties shares

Published August 2nd, 2005 - 07:04 GMT
Al Bawaba
Al Bawaba

UAE's Union Properties will allow foreigners to trade in its shares starting from August 6. Non-UAE nationals will be able to trade in UP's shares with a maximum limit of 15 per cent.

 

Currently, there are 7 locally listed companies, which allow foreigners to trade in their shares.