The subscription period for the listing will open on October 21 and close on October 25
Through the launch of this new trading platform, International Securities is expected to double its customer base over the next 18 months
The subscription period for institutional and retail investors will open on September 30 and close on October 4
The banking sector was the leading contributor, with 17 banks accounting for 69 per cent of total assets
The bonds were largely issued as part of TAQA’s Global Medium Term Note Programme and are listed on the London Stock Exchange
In March, Multiply Group was added to the newly designed FTSE ADX 15 – the first index co-developed under the FTSE ADX partnership
With the launch and listing of ADC, ADQ and Chimera aim to capitalise on ADX’s newly-issued SPAC regulations
EFG Hermes has advised on other landmark listings such as ACWA Power’s offering on Tadawul and ADNOC Drilling’s milestone IPO on ADX
The agreement will facilitate inter-exchange trading and put in place procedures for dual listings in the UAE and Kuwait
With this investment, Al Seer Marine has received a 7.36 per cent stake in Abu Dhabi Ports
Hisham Khalid Tawfiq Abdulkhaliq Malak also serves as the undersecretary of the Department of Finance
Total gross demand for the IPO amounted to over $34bn
The offer price of Dhs2.30 per share remains unchanged
ADNOC Drilling is expected to list on the ADX on or around October 3, 2021
ADQ to remain a majority shareholder of Abu Dhabi Ports following the listing
ADNOC Drilling is the largest national drilling company in the Middle East by rig fleet size
Established in 2006, ESG is present in 12 markets and had assets of Dhs537m as of the end of Q1 2021
The contract is to provide combat sports and jiu-jitsu training over a five year period
The fuel retailer will now be among nine UAE-listed companies to be part of the index