The Dubai International Financial Exchange (DIFX) has set itself an ambitious target, according to its chairman.
Lynton Jones hopes the new exchange, which finally opened for trading in September, will list up to 20 firms from the Middle East, Africa, the former Soviet Union and south Asia by the end of next year.
The exchange is also aiming to begin derivatives trading next year – a first for the Middle East – and to launch about $2 billion in IPOs.
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