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DIFX Hosts A Seminar In Muscat Securities Market For brokers And Investors

Date 31/05/2006

The Dubai International Financial Exchange hosted a seminar at the Muscat Securities Market on 30 May to explain the opportunities the region’s first international stock exchange can provide brokers and investors in Oman.

Commenting on the upcoming event, Nasser Alshaali, Chief Operating Officer of the DIFX, said: “Financial institutions in Oman stand to benefit from the high volumes of trading that the DIFX expects to attract as it develops its market. Omani investors may also find opportunities on the exchange, as more companies across the DIFX region choose to list on it.”

Mr Alshaali and Jean-Paul Eulaers, the DIFX Head of Membership, explained the structure of the DIFX and how to connect to its market to an audience of senior Omani brokers and investors at the event.

The DIFX has successfully attracted a range of equity and bond products since it opened in September last year. It expects many further listings, including substantial initial public offerings, by the end of this year.

The exchange currently has 13 Members, including prominent regional and international financial institutions, and expects to welcome many more in coming months.

Through its international focus, the DIFX complements other stock markets in its region.