Update On Dubai Financial Market Postponing Pre-Opening Session
Date 28/12/2006
With reference to our previous announcement regarding the breakdown of Etisalat's main cable for the World Trade Center area, and due to the continuation of the breakdown and in coordination with Emirates Securities & Commodities Authority, Dubai Financial Market hereby announces the cancellation of today's trading session (Thursday, December 28, 2006). Dubai Financial Market wishes to stress the fact that the decisions to postpone the pre-opening session and to, later on, cancel today's trading session resulted out of our concern for fairness as many brokers outside the premises of DFM are not able to access the trading system due to Etisalat's cable breakdown. Etisalat has informed Dubai Financial Market that it is exercising its best efforts to repair damaged Etisalat cable as soon as possible.