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Abu Dhabi Securities Exchange (ADX) Celebrates Its 18th Anniversary and Highlights Its Most Notable Achievements To Date

20 November 2018 11:22 AM | Anonymous member (Administrator)


Abu Dhabi Securities Market (ADX) today celebrated the 18th anniversary of its establishment and the achievements of the market in its various stages at the local, regional and international levels, which contributed to supporting the local economy and attracting investments to the UAE.

The Abu Dhabi Securities Market was established on 15 November 2000 under Local Law No. (3) of 2000, to form the independent legal entity, finance, independent management, and regulatory and executive authorities to carry out its duties.

ADX continues to develop its operations, launch strategic initiatives, and provide innovative products and services based on global best practices in the areas of disclosure, transparency and corporate governance as part of its ongoing quest for sustainable economic development in the Emirate of Abu Dhabi.

And its commitment to contribute to the achievement of Abu Dhabi Economic Vision 2030 and the Abu Dhabi Plan for the Development and Development of the Financial Services Sector, aimed at attracting investments and enhancing the competitive environment for doing business in the Emirate.

Khalifa Al Mansouri, Chief Executive Officer of ADSM, praised the market's pioneering achievements, which were the result of the market strategy and its continuous pursuit of being the ideal financial market and an innovative and attractive market that is transparent and supportive of the UAE economy.

Khalifa Al Mansoori said: "Abu Dhabi Securities Market achieved these achievements thanks to the efficiency, integrity and transparency that the market operates in and depends on in all its transactions, and also thanks to the efforts of the market team in its various departments and departments and the market focus on providing the best services and products to customers to invest their savings, Rights through the application of fair dealing principles. "

The Abu Dhabi Securities Exchange (ADX) has been the top performer in the region for a number of quality securities initiatives in the region.

The market is the first in the region to list and trade ETFs, the first market in the region to list private equity shares within the second market platform, and the first market in the region to receive ISO 27001.

The market was the first market in the region to disclose the names of shareholders who own 5% or more of the listed company's capital and the first market in the region to implement and adopt the electronic control system (SMART). Abu Dhabi - Al Bayan

Source: www.albayan.ae

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