Thursday 10, April 2008 by

UAE companies are improving their financial reporting

On average, 88 per cent of companies on the Abu Dhabi Stock Market met the preliminary year-end deadline in 2007, in comparison to only 73 per cent of Dubai Financial Market companies. Furthermore, 97.9 per cent of Abu Dhabi-listed companies met the quarterly disclosure deadline in 2007, against 96.3 per cent of Dubai-listed companies.

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