RAK Properties boosts trading liquidity ...United Arab Emirates

Local News by : (ME CONSTRUCTION NEWS) -
UAE-based developer RAK Properties has appointed BHM Capital as the liquidity provider for the company’s share-holding. This move is aimed at enhancing trading liquidity and boosting transactional efficiency for the developer’s shares on the Abu Dhabi Securities Exchange (ADX). Under the terms of the agreement, BHM Capital will ensure liquidity for RAK Properties’ shares by actively participating in the market trading system in compliance with the regulations set by the ADX and the UAE Securities and Commodities Authority (SCA). On the key appointment, RAK Properties CEO, Sameh Muhtadi said: “This underscores our commitment to offer a reliable foundation for our investors, fostering an envir

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