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15/03/2018 05:57 AST
Al Ramz Capital has been re-appointed as a liquidity provider for Union Properties Shares after obtaining the necessary approvals from Dubai Financial Market and signing the agreement.
A Liquidity Provider is appointed by a company with the sole objective of enhancing the liquidity of the underlying shares and increasing the frequency of transactions.
"Being a premier provider of Liquidity Provision services in the region with active mandates to companies listed on the DFM and the ADX, has definitely brought increased liquidity to these companies and we look forward to sign up more corporates over the coming months." Mohammed Al-Murtada Al Dandashi, Managing Director of Al Ramz Corporation said.
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