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Insurance House gets listed on ADXInsurance House, a leading Abu Dhabi-based insurance firm, has been listed on the Abu Dhabi Securities Exchange (ADX) and has launched its operations through ADX under the ticker symbol “IH”. Rashed Al Baloushi, deputy CEO, and director of More… |
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ADCB hits 32-month high, UAE markets upAbu Dhabi Commercial Bank hit a near 32-month high after it said it will sell its shares in Malaysian lender RHB Capital, helping lift the index to a five-month high. ADCB, up 1.9 percent, will sign a deal on Friday with Aabar Investments More… |
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UAE bourse merger 'unlikely before 2011'A potential merger between the United Arab Emirates' two main bourses is unlikely before 2011 but would be good for traded UAE companies, the chief financial officer of the region's largest listed builder said on Monday. "I don't think you More… |
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Mubadala aims to sell stake in local firmsAbu Dhabi government-owned Mubadala Development Company plans to sell its ownership stake in local companies by offering shares to public, the National newspaper said, citing a top executive from the investment firm. State-controlled Mubad More… |
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Mubadala aims to sell stake in local firmsAbu Dhabi government-owned Mubadala Development Company plans to sell its ownership stake in local companies by offering shares to public, the National newspaper said, citing a top executive from the investment firm. State-controlled Mubad More… |
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Mubasher trading exceeds $620m in MarchMubasher Direct Broker for Financial Services has recorded a total turnover of Dh2.28 billion ($620.70 million) in total March trades at Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX). Mubasher registered trades of Dh More… |
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UAE bourse merger seen likely as deals slumpA slump in trading revenues and Dubai's parlous financial state could lead to a merger of the United Arab Emirate's two main stock exchanges, analysts said. The country has three bourses -- the Abu Dhabi Securities Exchange (ADX), More… |
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NBAD launches first Gulf ETFNational Bank of Abu Dhabi (NBAD) has launched the first exchange traded fund (ETF) in the Gulf region today (March 24). The new fund, NBAD OneShare Dow Jones UAE 25 ETF, will be listed on Abu Dhabi Securities Exchange (ADX) from tomorrow More… |
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Market cap on Abu Dhabi bourse tops $80bnThe Abu Dhabi Securities Exchange (ADX) said its general index and the market value of listed securities in the bourse rose in 2009, backed by the emirate's economic growth and interest from foreign investors. The exchange's general index More… |
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ADX asks banks to give Saudi exposure detailsThe Abu Dhabi Securities Exchange (ADX) has directed banks to provide details of exposure and provisions taken to troubled Saudi groups Saad and Algosaibi as part of regulatory measures, the bourse said on Wednesday. The request led to a f More… |
