DFM announces listing of National Real Estate

DUBAI — Dubai Financial Market (DFM) has announced yesterday the listing of National Real Estate Company K.S.C., as the company finalised its listing procedures with the DFM and its regulator, the Emirates Securities Commodities Authority (ESCA).

By A Staff Reporter

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Published: Tue 21 Feb 2006, 9:51 AM

Last updated: Sat 4 Apr 2015, 2:39 PM

Foreign investors are allowed to acquire 51 per cent of the company's shares. Trading on the National Real Estate Company's stock will officially start today.

Essa Kazim, Director General of DFM, said: "This recent listing brings the total number of companies listed on DFM to 33, and 49 securities in total. This listing further strengthens the DFM's leading position in the region."


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