Dubai's Marka to list shares on Sept 25


DUBAI: Dubai retailing and restaurants group Marka will list its shares on the Dubai Financial Market (DFM) on Sept. 25 in the market's first flotation for five years, the company said on Saturday.

New share issues dried up in Dubai when its financial crisis erupted five years ago and Marka's flotation signals a reopening of the market as investment conditions improve. Marka initially planned to list its shares on the DFM around the first week of June, but the market was hit by volatility that month.

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