His appointment comes as the cryptocurrency conglomerate seeks to strengthen its institutional relationships and expand its global presence
Abu Dhabi Securities Exchange
Abu Dhabi’s Alef Education included in MSCI UAE Small Cap Index
Inclusion comes within six months of its successful IPO and its subsequent listing on the ADX on 12th June
Space42 appoints Q Market Makers as liquidity provider
Will contribute to a more robust and dynamic market environment, delivering added value for investors
UAE-listed stocks surpass $1trn milestone for the first time: Report
The increase in stock values listed on UAE bourses is driven by a surge in firms linked to an Abu Dhabi royal, which account for more than a third of the total value, alongside a flurry of local listings
Lulu Retail Holding appoints BHM Capital as liquidity provider on ADX
This provides greater price stability and ensures adequate trading volumes at any given price level
New UAE laws; Petrol price increase; Dubai’s ‘viral chocolate’; Visa amnesty extended; Tax rules updated – 10 things you missed this week
UAE visa amnesty, new laws announced, petrol prices increased, Dubai real estate strategy and more of the top news stories this week
UAE stock markets see 764 major transactions worth $15.79bn in 2024
The Abu Dhabi Securities Exchange dominates UAE trading, accounting for 95.6% of the total value
LuLu IPO: How to invest in UAE’s latest blockbuster public listing
Based on the price range, Lulu Retail’s market capitalisation could reach between AED 20.04 billion and AED 21.07 billion
Dubai real estate supply; Emirates named ‘World’s Best Airline’; $100m startup boost; Best Arab universities; Saudi expat job skill tests – 10 things you missed this week
Dubai real estate supply, ‘World’s Best Airline’, $100m startup boost, Saudi expat job skills and more of the top news stories this week
Finance House to inject AED 300mn into Abu Dhabi’s ADX for market liquidity
The move is aimed at boosting liquidity and market stability
Lulu Retail to offer 25% stake in IPO scheduled for 28 October
2.582 billion shares being offered; Price range to disclosed on 28 October; Shares expected to list at ADX on 14 November
ADNOC acquires OCI Global’s majority stake in Fertiglobe for $3.62bn
Abu Dhabi company now owns 86.2% shares in the company after buying OCI’s majority stake of 50% + 1 share
ADNOC set to close Fertiglobe stake; ADX sees $3.6bn sales of shares in chemical firm
ADNOC close to completion of acquisition of Fertiglobe shares
ADNH Catering to offer 40% of stake through IPO next week
Subsidiary of Abu Dhabi National Hotel Company, ADNH Catering has 28% share of addressable market in UAE and Saudi and serves 11 million meals monthly
e& gets EC go-ahead in its $2.4bn acquisition of PPF Telecom
The UAE telecom giant to grow to 20 countries after taking ca ontrolling stake in PPF’s assets in Bulgaria, Hungary, Serbia, and Slovakia
Abu Dhabi announces major financial rules for listed companies
Abu Dhabi Securities Exchange reveals new guidelines for listed companies in the emirate
Arab stock markets valued at $4.268tn
Market capitalisation of Arab stock exchanges climbed by around $22bn in August