Emirates REIT Asks For Identity Of Traders On Suspicious Trades
In May, Emirates REIT said it found evidence of irregular trading activity by certain market participants
Emirates REIT has filed an application in the Dubai International Financial Centre Courts to find out the identify of those behind “suspicious trades” in its shares.
“Emirates REIT yesterday submitted an application in the DIFC Courts seeking an order for the disclosure by Nasdaq Dubai of the identity of the traders behind the nominee account responsible for several suspicious trades of Emirates REIT shares,” the Dubai-based company said in a statement Monday.
In May, Emirates REIT said it found evidence of irregular trading activity by certain market participants and reported it to the regulatory authorities.
Investcorp exits RESA Power In Sale To Kohlberg, Marking First Exit For North American PE Fund
Investcorp aims to replicate RESA’s success globally across its private equity business Read more
Gate Group Secures Dubai VARA License
Gate Group’s Dubai arm is accelerating the expansion of its local team as it prepares for its official launch Read more
UAE Reviews Tax Authority Achievements As Report Identifies Over 537,000 Corporate Tax Registrants And 511,000 Signed Up For VAT
UAE Federal Tax Authority meets to discuss progress Read more
UAE Announces New Tax Rule
The UAE has announced a new waiver for tax fines in the country Read more
First Abu Dhabi Bank Powers Ahead With Record Q1 Numbers
Total income up 11 per cent to $2.4bn as net profit rises 23% to $1.4bn and profit before tax reaches $1.67bn; Total as... Read more
UAE To Launch Dirham-backed Stablecoin
Dirham-backed stablecoin launched in the UAE will enable simple digital payments Read more