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Growth Market allows a public listing route for startups and family businesses

<p><span>The Abu Dhabi Securities Exchange (ADX) has announced the rebranding of its Second Market, a key equity market on the exchange that connects investors and privately owned business, complementing Abu Dhabi&rsquo;s fast-developing ecosystem for companies that are looking to catalyse their growth. The Growth Market, which replaces the Second Market established in 2014, offers companies access to a wide investor base, key support from the ADX on investor engagement and an opportunity to enhance their brand equity.</span></p>

The growth market, which replaces the second market established in 2014, offers companies access to a wide investor base, key support from the ADX on investor engage...

RIYADH: Abu Dhabi’s stock exchange has rebranded its Second Market into a newly launched Growth Market, with a market cap of 62 billion dirhams ($17 billion), in a push for more privately-owned business listings. As it replaces the Second Market, the Growth Market will continue to target startups, family businesses, and early growth companies, ADX said in a statement. It will

The Abu Dhabi Securities Exchange (ADX) has announced the rebranding of its Second Market, a key equity market on the exchange that connects investors and privately owned business,