Aramex soars after nod to alter ownership rules
Saturday, July 04, 2009
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Dubai-based logistics firm Aramex soared nearly 15 percent Thursday after regulators gave it the nod to modify its ownership rules, setting a possible precedent for firms eager to attract more foreign investors. Aramex shares, listed at the Dubai Financial Market, rose to their best finish in eight months, ending at Dh1.39 ($0.37). This Article is only available in The Daily Star on-line archive. Containing over 100,000 articles, The Daily Star archive is an excellent information source and research tool for all events in Lebanon and the region since 1997.
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