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Etisalat wins top ADX awardUAE-based leading telecom operator Etisalat led the list of Abu Dhabi's Top 100 key government investment companies listed on the Abu Dhabi Securities Exchange (ADX), according to a new index. The company was honoured at a rec More… |
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UAE issues draft short-selling, borrowing rulesThe United Arab Emirates' market regulator has published new draft rules on short-selling and borrowing, asking investors for feedback, as it looks to boost dwindling trade and attract more foreign investment. The Securities and Commod More… |
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UAE plans short selling draft rules soonThe UAE market regulator will launch draft rules on short-selling 'very soon', the minister of economy said on Wednesday, the latest step aimed at boosting dwindling trade and helping attract foreign investors. Short selling is not More… |
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Arabtec chief banned from trading in UAEThe chief executive of UAE's top builder Arabtec said he has been suspended from trading in UAE markets for six months and will seek a clarification from the regulator. A circular distributed by the Abu Dhabi Securities Exchange More… |
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UAE stock markets 'need more liquidity'Stock markets in the United Arab Emirates need additional liquidity from government funds to counter slumping volumes and muted investor activity, the chief executive of Dubai-based Daman Investments said. 'I think there should be a pr More… |
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Green Crescent in $68m ADX listingAbu Dhabi Securities Exchange (ADX) will list Green Crescent Insurance Company, an Abu Dhabi-based health insurance company, on its exchange on Thursday making it the 66th company to be listed on ADX. This listing takes the total number of More… |
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Abu Dhabi exchange delays first ETFThe Abu Dhabi Securities Exchange (ADX) is delaying its first exchange-traded fund (ETF) until the second quarter due to market conditions, its chief executive said on Tuesday. The ADX had already delayed the launch of ETFs from the end of More… |
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ADX, Citi sign custody agreementAbu Dhabi Securities Exchange (ADX) and Citi have signed a custody agreement whereby Citi will provide custody of ADX-listed shares to institutional investor clients. This will encourage and facilitate further international investment in A More… |
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Abu Dhabi exchange targets Asian listingsThe Abu Dhabi Securities Exchange (ADX) is keen to attract dual listings from Asia, rather than the West, its chief executive said, as Gulf Arab bourses try to boost liquidity on young markets. Tom Healy told Reuters Middle East Investment More… |
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Jittery Gulf stocks face turbulenceStock markets in Gulf states are increasingly jittery because of global economic uncertainty and shaky investor confidence and could face a roller-coaster ride ahead, economists said. Five of the region's seven stock markets are in the More… |
