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Oman’s Al Jazeera Steel Debuts on DFM
DUBAI — The Dubai Financial Market (DFM) on Thursday announced the listing of Al Jazeera Steel Products Co., incorporated in Oman.
Company shares began trading on Thursday, December 18, under the trading symbol “ATMI” within the materials sector, which will appear on DFM screens, trading systems and publications.
Al Jazeera Steel Products Co is the first Omani public joint stock company to list in DFM, the market of choice for leading regional companies, the first regional stock market to go public and the pioneer Islamic Shariah compliant exchange in the world.
The listing of Al Jazeera Steel brings the total number of securities listed on the DFM to 73, including 65 public shareholding companies. Rashid Al Shamsi, Vice-Chairman of Dubai Financial Market, Mohamed A Moosa, Chairman of Al Jazeera Steel and senior representatives from the company along with DFM top management, attended the listing ceremony.
Dual listing of the company’s shares on the Oman Stock Exchange and DFM will give UAE investors greater access to Al Jazeera Steel Products Company’s shares and enhance their ability to trade them.
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