NYSE Nibbles In Middle East » financialsurfer.com

NYSE Nibbles In Middle East

June 19th, 2009 | Category: Economy
Stock exchange operator NYSE Euronext unveiled the fine print of its plans to enter the Middle East on Friday. Its now making a smaller investment in an exchange in Qatar than it had originally intended to, reflecting lower growth prospects across the world, even the once buzzing Middle East. NYSE Euronext ( NYX - news - people ) will pay $200 million for a 20% stake in the joint venture with the Qatar Investment Authority, instead of $250 million …

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