ADX

Women account for 40 per cent of ADX’s workforce, according to the exchange

The ETF is designed to track the Solactive GCC Shariah Dividend Index, which comprises dividend-paying, Shariah-compliant equities from across the GCC region

The launch coincides with national strategies such as UAE Vision 2031 and Abu Dhabi Vision 2030

Since 2020, IPOs on the ADX have raised about Dhs59bn, supported by strong demand and steady economic growth

ADX CTDO Marios Kampouridis discusses the new AI initiatives and vision for the digital-first exchange

The listing is part of a broader trend of rapid expansion in the global thematic fund market, which has almost doubled over the last five years to reach $562bn globally

Since its IPO in March, the company has rewarded shareholders with over $300m through dividends and share buybacks, with total dividends increasing 20.7 per cent year-on-year to $51.8m

In 2024, Thndr recorded more than $13bn in trading value and executed 12 million trades

The total trading value also experienced a notable increase of 33.5 per cent, rising from Dhs134.4bn to approximately Dhs179.5bn

This first DLT-based digitally native bond will be issued by FAB, listed on ADX and made available on HSBC Orion platform