Abu Dhabi Securities Exchange is preparing a stronger trading platform and new regulations to support a development drive in anticipation of a pickup in IPO offerings as well as turnaround in the global financial market, its CEO said.
Abu Dhabi Securities Market (ADX) and Abu Dhabi Global Market (ADGM) have entered into an agreement to foster bilateral cooperation.
The Memorandum of Understanding (MoU) was signed at ADGM Office today (July 24) by Hamad Abdullah
The Dubai Mercantile Exchange (DME) and Abu Dhabi Securities Exchange (ADX) today (July 7) signed an agreement to collaborate on several fronts to further drive the growth of capital markets in the UAE and the wider Middle East region.
UAE-based Massar Solutions, a market leader in fleet solutions, plans to sell 240 million shares in the company, amounting to 40 per cent of the share capital and to apply for listing of shares on Abu Dhabi Securities Exchange (ADX).
Abu Dhabi Securities Exchange (ADX) has listed the first set of government bonds worth $1.5 billion in assocation with Abu Dhabi’s Department of Finance (DOF), said a report.
It aims at building a bond market operating under
Abu Dhabi Securities Exchange (ADX) said the listed companies have shown a 99 per cent compliance in disclosing their annual financial statements within the deadline of 90 days from the end of the financial period.
The Abu Dhabi b
Stock markets in the UAE should unify their back office operations and processes for settlement and regulation, the chief executive of the Abu Dhabi Securities Exchange (ADX) said on Sunday.
Last year Abu Dhabi and neighbouring Du
UAE-based investment bank Menacorp has opened its new offices at the Trading Floor of the Abu Dhabi Securities Exchange (ADX) at Al Gaith Tower.
The new offices’ Customer Service and Trading Desk will expand the bank’s
The United Arab Emirates has revived a proposal to merge its two main stock exchanges in a state-backed deal that could boost trade in the local market and attract more foreign investment to the Gulf state, sources familiar with the plan said.
Insurance 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