The final consideration amounted to $0.0553 per share, the company said in a statement posted on Abu Dhabi Financial Market
The inquiry revealed that the client had stocks in Dubai Financial Market and Abu Dhabi Financial Market
as well - according to the committee's findings, the client was aware of and had consented to the trading and that it had been carried out lawfully and as per the relevant rules and regulations.
"The Abu Dhabi financial market
needs an immediate boost, which can be achieved through two key factors: first, supporting main investments, which increased from five percent to 32 per cent in 2008, and accelerating them in order to increase this to 80 per cent," he added.
The Abu Dhabi financial market
fell 43 per cent and the Egyptian financial market 30 per cent, he said.
Established in 2006, Al Safwa Islamic Financial Services, a private joint company trading in the Dubai and Abu Dhabi financial markets
, aims to expand its operations locally and regional closely matching Ajman Banks own ambitions.
It is aimed at controlling liquidity in the market and to better organise the stock market to meet the new era which has witnessed signs of improvement financially, with the Dubai and Abu Dhabi financial markets
attaining very positive results," said Al Taha.