UAE's ADX, Boursa Kuwait and Kuwait Clearing Company sign MoU to enhance market liquidity
The agreement will facilitate inter-exchange trading and put in place procedures for dual listings in the UAE and Kuwait.
Source: gulfbusiness.com
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ADX's market liquidity jumps five-fold in 2021 amid IPO boom
Abu Dhabi Securities Exchange (ADX)’s market liquidity jumped five-fold in 2021 amid an IPO boom. Traded values (buy + sell) on the exchange increased 407 per cent from Dhs145 billion in 2020 to Dhs739 billion in 2021, driven
Source: gulftoday.ae
Emirates News Agency - ADX collaborates with Borsa Istanbul to enhance tech infrastructure
ABU DHABI, 16th February, 2022 (WAM) -- Abu Dhabi Securities Exchange (ADX) has signed an agreement with Borsa Istanbul wherein the latter will provide consultancy services and implementation support to Abu Dhabi Securities Exchange in Information Technologies. The signing of the agreement came during the visit of the President Recep Tayyip Erdoğan of Turkey, to the UAE on 14th February. The CEO Korkmaz Ergun, signed it on behalf of Borsa İstanbul and the Managing Director and CEO, Saeed Al Dhaheri, on behalf of ADX. Borsa...
Source: wam.ae
UAE's Securities and Commodities Authority approves GCC's first SPAC regulatory framework
The framework will provide international investors with access to growth opportunities.
Source: gulfbusiness.com