By the end of this year, 10 Pakistani companies currently listed on the Karachi Stock Exchange will list in the United Arab Emirates, a Pakistani official said.
Hanif Jakhura, chief executive of Pakistan’s Central Depository Company, the country’s central securities depository, will be in Abu Dhabi on September 18 to sign an Memorandum of Understanding (MoU) with officials from the Abu Dhabi Securities Market, Bilal Khan Pasha, commercial secretary at the Pakistani consulate in Dubai, told Dow Jones.
Jakhura will ink a similar memorandum with the Dubai Financial Market on September 20, he conveyed.
