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Al Futtaim HC Securities to Shut U.A.E. Brokerage Operations

Al Futtaim HC Securities LLC, a brokerage based in Dubai, decided to shut operations in the United Arab Emirates after stock trading and volumes slumped. “Shareholders of Al Futtaim HC Securities have agreed to discontinue the brokerage operations in the U.A.E.,” general manager Hasan Choucri said in a telephone interview…

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