Investors speak as they monitor stocks at the Abu Dhabi Securities Exchange, June 17, 2013. The United Arab Emirates has revived a proposal to merge its two main stock exchanges in a state-backed deal that could boost trade in the local market and attract more foreign investment to the Gulf state, sources familiar with the plan said.
An investor looks up at screens displaying stock information at the Dubai Financial Market, June 17, 2013. The United Arab Emirates has revived a proposal to merge its two main stock exchanges in a state-backed deal that could boost trade in the local market and attract more foreign investment to the Gulf state, sources familiar with the plan said.
A man walks past a sign of the Dubai Financial Market in this November 29, 2011 file photo. The United Arab Emirates might finally be elevated to emerging market status in a review of Morgan Stanley Capital International (MSCI) indexes next week. After being repeatedly overlooked by MSCI for an upgrade since 2009, UAE's efforts to improve market technology and transparency may be rewarded, analysts say. However, there is still a risk that some of the adjustments may have come too late for this year's index review on June 11. To match story UAE-MSCI.
Investors stand near electronic boards displaying stock information on the floor of the ADX Abu Dhabi Securities Exchange stock market in this May 16, 2012 file photo. The United Arab Emirates might finally be elevated to emerging market status in a review of Morgan Stanley Capital International (MSCI) indexes next week. After being repeatedly overlooked by MSCI for an upgrade since 2009, UAE's efforts to improve market technology and transparency may be rewarded, analysts say. However, there is still a risk that some of the adjustments may have come too late for this year's index review on June 11. To match story UAE-MSCI.
United Arab Emirates Minister of Foreign Affairs Sheikh Abdullah bin Zayed bin Sultan al-Nahyan (C), is seen during the higher joint committee meetings at Kuwait's Foreign Ministry in Kuwait City on June 3, 2013.
Photo taken on November 9, 2012 shows Czech coach Karel Jarolim of Saudi Arabia's football club Al Ahli as he attends a press conference for the AFC Champions League final against South Korea's Ulsan Hyundai in Ulsan, some 300 kms southeast of Seoul. Jarolim has been appointed as the new boss of United Arab Emirates side football club Al-Wahda, based in Abu Dhabi, according to Czech sports daily Sport's internet site on May 27, 2013.