Rasmala and RBS to launch Joint Equity Research on Middle East Companies
February 8, 2010
UAE's Rasmala Investment Bank and The Royal Bank of Scotland Group announced today that they have signed a binding agreement to produce equity research on a number of shares listed on Middle Eastern stock markets.
Rasmala–RBS Research is expected to cover 50 to 60 stocks within 12 to 18 months from its launch scheduled for April 2010.
Middle Eastern companies have received heightened international attention in recent months, spurring investor demand for transparent and accurate information about regional market activities.
Rasmala and RBS will deliver cutting edge research covering several sectors and listed companies on Middle East stock markets to respond to this demand.