Dubai Financial Market (DFM) welcomed the listing of Union Coop’s shares on 18th July 2022, becoming the first cooperative society in the UAE to take this pioneering step, in line with the Government’s decision pertaining to the trading of cooperative societies’ shares on financial markets, which aims to strengthen the regulatory environment for the cooperatives’ sector and reinforce competitiveness.
To celebrate the listing, H.E. Majed Hamad Rahma Al Shamsi, Chairman of the Union Coop rang the DFM market-opening bell in the presence of Hamed Ali, CEO of DFM and Nasdaq Dubai and senior representatives from both sides.
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