Companies founded elsewhere must list their shares in Dubai when their revenues from local market reach 50% and higher and when their local assets reach 50%.
DUBAI: Dubai ordered local companies to sell shares in local stock markets before seeking listings in other emirates or abroad, a decree from Dubai's ruler showed on Saturday.
Companies founded elsewhere must list their shares in Dubai when their revenues from local market reach 50% and higher and when their local assets reach 50%, the decree, published on the website of Dubai's ruler Sheikh Mohammed bin Rashid Al Maktoum, said.
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