Abu Dhabi bourse to introduce short-selling in first quarter 2017 -CEO

By Tom Arnold DUBAI, Dec 26 (Reuters) - Abu Dhabi's stock market plans to introduce covered short-selling in the first quarter of 2017, its chief executive said on Monday, as it seeks to boost liquidity and attract more foreign investors. In covered short-selling, investors borrow shares and sell them in the expectation of repurchasing them later at a lower price. Regulators in the Gulf have until now shied away from allowing the practice because of concern that it could destabilise markets, tho