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Monday, 01 December 2008 | 21:21 UAE time

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FINANCIAL MARKETS

Abu Dhabi Securities Exchange

  • 2,754.48 Last
  • -21.37 (-0.77%) Today's Change
  • 44.13m Volume
  • 2,685.54-5,148.49 52 Week Range
  • -1,513.11 (-35.46%) 52 Week Change
As of 1 Dec 2008 10:00 GMT (Market Closed)

COMPANY DESCRIPTION

The Abu Dhabi Securities Exchange (ADX) was established on 15 November 2000 by Local Law No. (3) of 2000, the provisions of which vest the Market with a legal entity of autonomous status, independent finance and management, and give ADX the necessary supervisory and executive powers to exercise its functions.

Moreover, ADX has the authority to establish centers and branches outside the Emirate of Abu Dhabi. To date it has done so in Fujeirah, Ras al Khaimah, Sharjah and Zayed City.

The Abu Dhabi Securities Exchange's board of directors is comprised of seven members nominated by Amiri Decree. The members of the board hold office for a term of three years.

KEY INFORMATION

Industry

Securities Market

Address

Al Ghaith Tower, Hamdan Street, 54500, Abu Dhabi, UAE

T

971 2 6277777

F

971 2 6128728

E

info@adx.ae

W

www.adx.ae

COMPANY OVERVIEW

Ownership Type Established on Employees
Government Non-corporate entity 1 Jan 1970 -

OFFICERS

BOARD OF DIRECTORSPosition
HE Nasser Ahmad Al Suweidi Chairman
Khalil Mohammed Sharif Fulathi Vice Chairman
Khalifa Sultan Al Suweidi Director
Abdulhamid Mohammed Saeed Director
Abubaker Al Suddik Al Khoury Director
Suhail bin Fares Al Mazroui Director
Hamad Abdullah Al Shamsi Director
MANAGEMENTPosition
Tom Healy Chief Executive Officer
Rashed Al Balloushi Deputy Chief Executive Officer
Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details. All markets data located on ArabianBusiness.com is subject to the ArabianBusiness.com Terms & Conditions. Content should be used for general information use only. Charts and statics display delayed intraday data. Share price information may be rounded up/down and therefore may not be entirely accurate Selected data supplied by Reuters Limited. Click for Restrictions.