Dubai gives stock market a boost
Dubai's main stock index surged by around 4% on Tuesday in a day that saw the highest trading volume in more than five years, as investors welcomed two government decisions. Dubai announced plans to set up a 'market maker fund' of 2 billion dirhams that will support liquidity in the main market and Nasdaq Dubai. The government also said it's aiming to list ten state-owned companies, with no further details.