Economic Calendar

Sunday, September 21, 2008

Gulf General Investment, Baader Bank Merge Brokerage Units

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By Zainab Fattah

Sept. 21 (Bloomberg) -- Gulf General Investment Co., an investment company based in the United Arab Emirates, merged its brokerage unit with Germany's Baader Bank AG.

The merger will create Gulf Baader Capital Market L.L.C., the companies said in a joint statement posted on the Web site of Dubai's bourse today.

To contact the reporter on this story: Zainab Fattah in Dubai on zfattah@bloomberg.net


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