The FTSE ADX 15 Index will include 15 of the largest and most liquid companies listed on the Abu Dhabi Securities Exchange
The agreement will facilitate inter-exchange trading and put in place procedures for dual listings in the UAE and Kuwait
Market capitalisation of stocks listed on the exchange more than doubled to reach Dhs1.6tn
The company will commence trading on the main exchange from February 8
The framework will provide international investors with access to growth opportunities
The FTSE ADX General Index will replace the ADX General Index, as of January 10
Hisham Khalid Tawfiq Abdulkhaliq Malak also serves as the undersecretary of the Department of Finance
The group had assets of Dhs8.16bn and 3,240 employees as at end of September 2021
The group will list on ADX’s main market on December 5
The two entities will introduce products and services including exchange-traded funds, smart order routing and cross-border direct trading
The Abu Dhabi Securities Exchange and Abu Dhabi’s Department of Economic Development have submitted a proposal to the Securities and Commodities Authority
The derivatives market is using the marketplace technology delivered by Nasdaq
The company is working on expanding its operations
The IPO will be the largest-ever listing on the bourse
Response Plus Medical Holding specialises in medical emergency transfers from remote work sites with over 260 medical facilities
The exchange plans to launch single stock futures and index futures in the fourth quarter of 2021
Founded in 2002, Al Seer Marine offers marine services in the region, with total assets of Dhs3.98bn as at the end of June 2021
The company has Dhs10bn in paid-up capital
The exchange’s market capitalisation increased 27 per cent during the first quarter of 2021 to Dhs940bn
Established in 2006, ESG is present in 12 markets and had assets of Dhs537m as of the end of Q1 2021
They will be listed on the exchange’s Second Market in Q2 2021
The issuance was more than 4.5 times oversubscribed
Authorities had reduced the cap to 5 per cent in March 2020 to contain the fluctuations triggered by the pandemic
The value of securities traded on the exchange increased 28 per cent to Dhs72.8bn in 2020 from Dhs56.8bn in 2019
Trading on the shares begins on December 21
He was formerly appointed as CEO of Abu Dhabi National Energy (TAQA)
Sawaeed Holding is the fourth ADX listing in 2020
Aurora50 is initiating the discussion around board-level gender diversity with a virtual event
On August 19, the listed public joint stock companies booked Dhs11.7bn in gains
The exchange in the capital of the United Arab Emirates is close to setting up a central clearing house