The Abu Dhabi Securities Exchange (ADX) Group has announced that Morgan Stanley, a leading investment bank and financial services company, has joined the ADX as its first international investment bank Remote Trading Member, enabling Morgan Stanley’s clients to access the ADX directly.
The Arab region possesses strong fundamentals, including robust sovereign balance sheets, clear growth drivers and supportive political will, said Abdulla Salem Alnuaimi, Chairman of the Arab Federation of Capital Markets (AFCM) and Group Chief Executive Officer of Abu Dhabi Securities Exchange (ADX).
Listed companies in the Abu Dhabi Securities Exchange (ADX), one of the 20 largest stock exchanges by market capitalisation, extended their sustained growth as total net profit increased 17% year on year to over AED200 billion ($54.46 billion).
The UAE capital markets, Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM)) will remain closed on Monday and Tuesday (March 2 and 3), the UAE Capital Market Authority has announced.
BHM Capital, a leading financial institution in the capital markets of the United Arab Emirates, has announced its acceptance as a member of the Federation of Euro-Asian Stock Exchanges (FEAS) under the Supporting Partner category.
