Info2cell.com, the leading Wireless Application Service Provider (WASP) in the Middle East and North Africa, has launched a new service which provides mobile phone subscribers with stock index alerts on the rapidly developing securities markets of the United Arab Emirates.
Subscribers to the new service will receive opening and closing prices on the Abu Dhabi Securities Market (ADSM) and Dubai Financial Market (DFM), in addition to intra-day updates on stock index movements, local and regional news headlines, corporate news and information on individual bonds and mutual funds. The subscription comes at a price of AED10 (US$2.70) per month.
According to Bashar Dahabra, Founder and CEO, Info2cell.com: "The phenomenal growth in the volume of trading and the concurrent increase in the number of investors and traders have transformed ADSM and DFM into regional stock trading hubs, with major developments taking place every few minutes."
Dahabra added that: "Given this rapid pace of activity, the new stock alert service comes as a boon to the UAE's business community, as they can be assured of the latest stock updates, regardless of where they are."
A comprehensive report in our Intelligence Report series examining offshore e-commerce and online gaming is available in the Lowtax Library at http://www.lowtaxlibrary.com/asp/subs_reports.asp and a description of the report can be seen at http://www.lowtaxlibrary.com/asp/description_report6.asp
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