The Securities and Commodities Authority (SCA) has recently published amended market disclosure rules relating primarily to shares in companies listed on the Dubai Financial Market (the DFM) or the Abu Dhabi Securities Exchange (the ADX). The new rules principally amend the Decision No (3/R) of 2000 Concerning the Regulations as to Disclosure and Transparency (Regulations for Disclosure and Transparency) by bolstering the early warning regime designed to inform the market of stakebuilding in DFM/ADX listed companies. The new rules appear to be published in response to recent stakebuilding activity in Arabtec Holding PJSC, which surprised the market