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Saudi Arabia s Tadawul Group, for instance, has announced its acquisition of a 32.6% stake in the Dubai Mercantile Exchange (DME), making it the largest joint shareholder along with the Chicago Mercantile Exchange (CME) Group ....
As the Gulf IPO boom subsides, will better allocations for international investors, dual listings and better secondary-market liquidity be enough to ensure that the region’s equity capital markets can mature? ....