UAE Brokerage articles

Time to pack and leave?

Time to pack and leave?

Even as the fabric that once held together the brokerage industry in the United Arab Emirates comes apart, the steps taken by the country’s stock exchanges and its regulator to stich together the rips are hardly moving the needle. Of the 110 brokers that existed on the market at the start of 2011, almost half

Q & A – Eric Bertrand

Stock exchanges in the Gulf Cooperation Council are still relatively young and have not reached the degree of sophistication of their Western peers. To discuss what GCC exchanges can do to evolve and what mistakes should be avoided, Executive sat down for a chat with Eric Bertrand, Principal Exchange Business Strategy Consultant for NYSE Euronext. 

Beleaguered brokers

The brokerage business in the United Arab Emirates is collapsing. Those brokers that survived 2011 know the cull will continue in the year ahead, and that their numbers will be even fewer come 2013. Both investors and brokers are crying out for crucial and well overdue reforms to address the parched equity markets. Regulators are

Anatomy of an ailing industry

Brokers in the United Arab Emirates are in serious trouble. Half of the industry went out of business in 2011 and more closures are expected in 2012 as volumes in UAE markets continue to shrink at an alarming rate.  The financial crisis, which shook the world in 2008 and brought to an end the golden