Derayah’s listing aligns with Saudi Arabia’s broader efforts to deepen its capital markets as part of the Financial Sector Development Program under Vision 2030
In Q3 2024, CFI recorded a trading volume of $1.03 trillion, marking a 34.47 per cent growth from Q2 2024 and a 129.4 per cent increase compared to Q3 2023
ADX stated that the decision has been taken in accordance with Article No (14) of the Securities and Commodities Authority (SCA) Board of Directors’ Decision No (2/R) of 2001
Institutional investors dominated the UAE equity market in 2023, capturing nearly 78 per cent of total trading activity on the Dubai and Abu Dhabi bourses
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