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UAE s Union Coop Prepares to List Shares on Dubai Financial Market

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Union Coop to list shares on DFM on July 18

Union Coop, a leading consumer cooperative in UAE, has announced plans to list its shares on DFM as part of its new growth strategy. With the July 18 listing, Union Coop becomes the the first retail cooperative in the UAE to take this pioneering step.

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Dubai: Union Coop becomes first cooperative in the UAE to list shares on DFM

Dubai: Union Coop becomes first cooperative in the UAE to list shares on DFM
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Union Coop To List Shares on DFM

The Union Coop also announced the suspension of trading on its shares through its portal as of today, Friday, 1st of July, 2022

United arab emiratesKhalid al falasiHamed aliExchange higher commissionMembers of the union coopUnion coopSupreme committee for the development of financialDubai financial marketNasdaq dubaiSupreme committeeFinancial markets

Emirates News Agency - Union Coop announces intention to list its shares on DFM on 18th of July 2022

DUBAI, 1st July, 2022 (WAM) The Union Coop today announced its intention to list its shares on the Dubai Financial Market (DFM) on Monday, 18th of July 2022, as the first retail cooperative in the UAE that takes this pioneering step. The listing is a part of the Securities and Exchange Higher Commission strategy aiming at increasing stock market size in the Emirate to AED3 trillion, raise competitiveness of bourses and encourage initial public offerings (IPOs). The Union Coop also announced the suspension of.

United arab emiratesKhalid al falasiHamed aliExchange higher commissionMembers of the union coopUnion coopSupreme committee for the development of financialDubai financial marketNasdaq dubaiSupreme committeeFinancial markets