Capital.com’s entry into the UAE market is an important step for the company as it seeks to deepen its presence in the region
Abu Dhabi Securities Exchange
RAK Properties appoints Arqaam Securities as liquidity provider
Arqaam will maintain two-way quotes within a structured mandate and initiate research coverage on the company
Borouge plans a buyback for up to 2.5% of its outstanding shares
The Abu Dhabi petrochemical company also seeks shareholders’ approval for final 2024 dividends of AED0.794 fils per share
Al Ramz appointed as liquidity provider to ADNOC Gas and Fertiglobe
Following regulatory approvals, it commenced independent trading of ADNOC Gas shares on 12 March, and Fertiglobe shares from 13 March
eToro adds ADX-listed stocks on trading, investing platform
Investors using eToro’s platform can now invest in over 30 companies listed on the ADX
Phoenix Group appoints Munaf Ali as CEO, eyes NASDAQ listing in 2025
His appointment comes as the cryptocurrency conglomerate seeks to strengthen its institutional relationships and expand its global presence
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