Abu Dhabi Securities Exchange (ADX), the region's leading financial market, together with Aldar Properties PJSC (Alda”), has informed the public that it has listed Aldar Investments’ new sukuk, marking the first corporate sukuk ever to be listed on the exchange. The sukuk, which was raised at a profit rate of 4.75% with a 7 year…
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Abu Dhabi Securities Exchange (ADX), the region's financial market, announced that it has signed a Memorandum of Understanding (MoU) with the Society for Worldwide Interbank Financial Telecommunication (SWIFT) and seven leading global Central Securities Depository (CSD) companies to collaborate on Distributed Ledger Technology (DLT) implementation in post trade operations, as well as capital market transactions.…
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Abu Dhabi Securities Exchange (ADX) announced that it has hosted the ceremony for the liquidity provision agreement between Invest Bank, a bank listed on ADX and Al Ramz Capital, a subsidiary of Al-Ramz Corporation Investments and Developments PJSC, which has been appointed as a Liquidity Provider for Invest Bank’s shares after obtaining the necessary approvals…
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Abu Dhabi Securities Exchange (ADX) announced that it has succeeded in achieving a compliance rate of 99% regarding the disclosure of the 3rd quarter financial statements of its listed public joint stock companies within the deadline of 45 days from the end of the financial period. 64 listed companies out of 65, local and foreign,…
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Abu Dhabi Securities Exchange (ADX) has unveiled its latest digital services as part of its participation in the Abu Dhabi Digital Government stand, during GITEX Technology Week 2017. The showcase featured a wide range of innovative digital services, all of which have been custom designed to improve investors’ transactions and trading activities. ADX’s showcase highlighted…
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Abu Dhabi Securities Exchange (ADX) has distributed around 22.1 billion Dirhams of cash dividend to investors during the first half of 2016 on behalf of its listed companies. ADX Chief Executive, Rashed Al Blooshi, said that: the distributed cash dividends were sent via direct bank transfers to the accounts of investors whom have updated their…
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Abu Dhabi Securities Exchange (ADX) announced that has granted SHUAA Capital International Ltd. (a subsidiary of SHUAA Capital) a license to serve as Market Maker on the Exchange. The number of registered Market Makers on ADX has now reached three, including National Bank of Abu Dhabi and Al-Ramz Capital. The announcement came during an event…
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In an effort to bolster further cooperation with all governmental institutions in UAE, Abu Dhabi Securities Exchange (ADX) Chief Executive, Rashed Al Blooshi recently received H.E. Badr S. Al-Olama, Chief Executive Officer of STRATA, and a delegation from Abu Dhabi Systems & Information Centre (ADSIC) headed by Mr. Saeed Mohammed Al Mansoori, Executive Director of…
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Abu Dhabi Securities Exchange (ADX) has started the technical short selling service by conducting meetings with brokerage companies in Abu Dhabi and Dubai, in order to begin the official introduction early next year. This service is part of continuing efforts to modernize, enlarge and upgrade the market. It also aims at diversifying investment instruments in…
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Dubai-based Daman Securities, one of the UAE's financial services, has released a brand new version of its online trading service for stock listed in Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX). The standards-setting web-based Daman Online Trading service provides subscribing investors with a number of advanced exclusive features and upgraded functionality compared…
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