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MENAFN - 01/11/2009

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(MENAFN) Yemen plans to launch its stock exchange by the end of this year, with nine government firms to be selected to implement governance standards, in order to list them on the bourse, WAM reported.

Citing the undersecretary of Yemen's Ministry of Finance, Jalal Yaqoub, Yemen will launch its stock exchange with the help of bourse operator Dubai Financial Market (DFM).

Yaqoub said that he had met with the Executive Chairman of the Dubai Financial Market, Essa Kazim, during a recent visit to Dubai, and would further discuss collaboration plans between the countries' bourses.

 






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