ADX, DFM log direct deals worth Dhs1.6bn during Ramadan

ADX, DFM log direct deals worth Dhs1.6bn during Ramadan

In ADX, five large direct deals were executed on 243.4 million shares, amounting to Dhs683.3m

SCA declares Eid Al Fitr holidays for UAE financial markets Image WAM

Eid Al Fitr 2024: SCA announces holiday dates for UAE financial markets

The Eid Al Fitr holiday will start on Monday, April 8, 2024 (Ramadan 29, 1445 AH)

Lulu Hypermarket

LuLu Group’s potential Abu Dhabi IPO could top $2bn

LuLu’s potential IPO is poised to be among the most notable listings in the Gulf region this year

Q Holding

IHC’s Q Holding revamps top leadership with new group CEO

The new management team has been brought on from Modon Properties as the group undergoes a restructuring since August last year

Dubai, Abu Dhabi stocks gain on last trading day of 2023

Stocks on both the Dubai and Abu Dhabi bourses edged up on the last trading day of the year

Abu Dhabi bourse, CASE join hands to boost cooperation

Abu Dhabi bourse, CASE join hands to boost cooperation

The go-live implementation is expected to take place early next year and once operational, investors will gain the ability to directly trade on both exchanges through licenced brokers

PureHealth seeks to raise Dhs3.62bn from IPO

UAE’s Purehealth seeks to raise Dhs3.62bn from IPO

The healthcare firm is offering about 1.11 billion shares, equivalent to 10 per cent of the total issued share capital

UAE a key player in global financial sector, says NYSE vice chair

UAE a key player in global financial sector, says NYSE vice chair

The country’s financial markets possess significant potential and flexibility, combined with its continuous commitment to innovation and development

Investcorp to float IPO on ADX Image: WAM

Investcorp Capital IPO: Firm announces intention to list and trade shares on ADX

The subscription will be open from November 2 to November 9

Abu Dhabi’s Masdar lists green bond on ADX

Abu Dhabi’s Masdar lists $750m green bond on ADX

The 10-year notes, which were 5.6 times oversubscribed, carry a 4.87 per cent coupon rate and will mature in July 2033

ADX and tawasul tieup to provide users realtime stock market updates on the superapp GettyImages-687689274

Abu Dhabi’s ADX, Tawasal SuperApp to offer real-time stock market updates

Tawasal is a secure multi-purpose messenger and super app, which offers free calls, chats, video conferencing and lifestyle services


UAE announces Hijri New Year holiday for financial markets

While ADX and DFM will close for trading on July 21, Dubai Gold and Commodities Exchange will remain open and continue to operate under normal trading hours

Wio Bank, ADX partner to enable instant, digital IPO subscriptions

Wio Bank, ADX partner to enable instant, digital IPO subscriptions

The bank allows its customers to digitally create an investor number on the Abu Dhabi bourse and apply for IPO subscriptions

Abu Dhabi bourse, CASE join hands to boost cooperation

These 13 UAE-listed private joint-stock companies have Dhs8.3bn in capital

The inclusion of private joint-stock firms in the local markets helps companies access a large capital base

ADX partner Astana Exchange

Abu Dhabi bourse, Astana Exchange join hands to boost cooperation

The agreement will enable remote access for the exchanges’ respective brokerage companies through Tabadul


ADNOC L&S sets IPO price range, seeks to raise $607m

The company expects the final offer price to be announced on May 26, after the book-building process

Dubizzle owner mulls UAE IPO

Dubai-based owner of Dubizzle mulls UAE IPO

Emerging Markets Property Group is set to hire Rothschild & Co. for the potential IPO in Dubai or Abu Dhabi

Presight AI debuts on ADX

Presight AI surges 176% in Abu Dhabi debut after $496m IPO

The data analytics firm’s shares shot up as much as 176 per cent to Dhs3.70 compared to the IPO price of Dhs1.34 apiece

Presight AI IPO oversubcribed

Presight AI’s $496m IPO attracts $25.8bn in orders

The IPO is Abu Dhabi Securities Exchange’s second listing this year and it was oversubscribed by 136 times

ADNOC Gas IPO debuts on ADX

Abu Dhabi’s ADNOC Gas surges on ADX trading debut

The IPO is the largest ever in Abu Dhabi and the largest globally, year to date, as the emirate is expecting eight more listings

ADNOC Gas raises $2.5bn from IPO

ADNOC Gas IPO raises $2.5bn, attracts $124bn in demand

The company increased the number of ordinary shares offered in the IPO to 3.8 billion on Monday, implying market capitalisation of Dhs182bn


Abu Dhabi Securities Exchange’s FADX 15 gains 16.9% at end of Q3

The market capitalisation of stocks listed on ADX increased 59.7 per cent to Dhs2.2tn at end of Q3 from Dhs1.38tn during the same period in 2021

Bayanat announces intent to list on ADX

Abu Dhabi G42-owned Bayanat announces intent to list on ADX

The subscription period for the listing will open on October 21 and close on October 25

stock markets

IHC subsidiary International Securities launches global trading platform

Through the launch of this new trading platform, International Securities is expected to double its customer base over the next 18 months

burjeel hospital

UAE healthcare provider Burjeel Holdings to sell 11% stake in IPO

The subscription period for institutional and retail investors will open on September 30 and close on October 4

Assets of local companies listed in financial markets rise by 10% in H1 2022

Assets of national companies listed on ADX, DFM show 10% rise in H1 2022

The banking sector was the leading contributor, with 17 banks accounting for 69 per cent of total assets

bu Dhabi Securities Exchange lists $8.25 billion of TAQA bonds

Abu Dhabi’s ADX lists Taqa bonds valued at $8.25bn

The bonds were largely issued as part of TAQA’s Global Medium Term Note Programme and are listed on the London Stock Exchange

Samia Bouazza, CEO and Managing Director at Multiply Group

Multiply Group joins FTSE Global Equity Index Series

In March, Multiply Group was added to the newly designed FTSE ADX 15 – the first index co-developed under the FTSE ADX partnership

ADQ and Chimera Investments to launch UAE’s first SPAC on ADX

With the launch and listing of ADC, ADQ and Chimera aim to capitalise on ADX’s newly-issued SPAC regulations

EFG Hermes completes advisory on $6.1 bn DEWA IPO

EFG Hermes has advised on other landmark listings such as ACWA Power’s offering on Tadawul and ADNOC Drilling’s milestone IPO on ADX