Provided by 7DAYS.ae
UAE: Jeweller Damas yesterday listed its shares on the Dubai International Financial Exchange (DIFX) after raising $270.6 million in an initial public offering. Damas, the first retailer to be listed on the exchange, made a good start to its DIFX career, gaining five per cent on its starting price to close its first day of trading on dhs1.05. The firm plans to use its share of the net proceeds from the IPO mainly to expand its store network.
Read more UAE News on
www.7days.ae
Copyright 2008, by
7DAYS
. All rights reserved
World stocks fall to 21-month low
G8 climate deal still up in the air 