Home Industry Finance UAE approves draft law to allow family owned companies to list The United Arab Emirates is home to three stock markets – NASDAQ Dubai, Abu Dhabi Securities Exchange and Dubai Financial Market by Bloomberg January 19, 2020 The United Arab Emirates, home to three stock markets, approved a draft law allowing family-owned businesses to list on the country’s financial markets. The cabinet approved the draft law amending provisions in the “Agency Law” that regulates commercial and distribution agreements, state-run WAM news agency reported. It’ll allow family-owned companies to turn into public joint stock companies. WAM didn’t provide details on the changes. 0 Comments