Female Emirati investors hold shares worth $5.4bn, says ADX

On occasion of Emirati Women's Day, it is revealed that the number of Emirati female investors reached 220,000 by the end of H1 and the number of shares they hold is about 3.5 billion
Female Emirati investors hold shares worth $5.4bn, says ADX
(Getty Images)
By Sam Bridge
Tue 28 Aug 2018 08:15 PM

The number of Emirati female investors reached 220,000 by the end of the first half of 2018 and the number of shares they hold is about 3.5 billion with a market value of about AED20 billion ($5.4 billion).

Their total trading value was about AED1.8 billion during the first six months of 2018, according to statistics released by Abu Dhabi Securities Exchange (ADX) on the occasion of Emirati Women's Day.

The fourth Emirati Women's Day is being held under the theme "Women on the Course of Zayed" and comes in conjunction with UAE President Sheikh Khalifa bin Zayed Al Nahyan declaring 2018 the "Year of Zayed", state news agency WAM reported.

During a ceremony, which was attended by members of the ADX executive management and heads of departments as well as employees, many activities were held in recognition of the Emirati female cadres working in the exchange.

Rashed Al Blooshi, chief executive of ADX, said: "The UAE celebrates August 28 each year confirming the strong belief of the UAE's leadership in the importance of the contributions of women and their role in the development efforts and the appreciation of the country."

He highlighted the fact that that Emirati female employees hold more than 58 positions in various ADX departments, accounting for 46 percent of the total number of employees.

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