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General

Etisalat and Du plan to raise foreign ownership limits on their stocks

Wednesday 20 January 2021 | 15:35 CET | News
UAE telecom operators Etisalat and Du plan to raise the foreign ownership limits in their stock, and both have called meetings on 20 January to discuss these proposals, Gulf News reported. If they do go ahead, they join other leading UAE listed companies that have allowed higher representation of foreign ownership in their shares, it added. The move instantly gives more depth to the concerned stocks, as well as raises the prospects of becoming more liquid.

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Categories: General
Companies: Du / Etisalat
Countries: United Arab Emirates
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