Tag: ADX
UAE SCA approves GCC’s 1st SPAC regulatory framework
The UAE Securities and Commodities Authority (SCA) has approved the Special Purpose Acquisition Company (SPAC) regulatory framework, the first of its kind in the...
ADX unites with London’s FTSE Russell to develop new benchmark indices
The Abu Dhabi Securities Exchange (ADX) has entered into a partnership with FTSE Russell, a subsidiary of the London Stock Exchange Group, to develop...
IHC’s Multiply Group to list directly on ADX next week
Multiply Group, a subsidiary of Abu Dhabi-based International Holding Company (IHC), will list directly on the Abu Dhabi Securities Exchange (ADX) on December 5,...
ADNOC invests $6bn on drilling equipment to boost gas sufficiency
The Abu Dhabi National Oil Company (ADNOC) will make an investment of almost $6 billion to enable drilling growth as it attempts to boost...
Mubadala-owned Yahsat to join MSCI’s Small Cap Indexes
Mubadala-owned Al Yah Satellite Communications Company (Yahsat) will be included in global index services provider Morgan Stanley Capital International’s (MSCI) small-cap indexes from December...
ADX strikes deal with Bahrain Bourse to boost cross-border investments
The Abu Dhabi Securities Exchange (ADX) and the Bahrain Bourse (BHB) have signed a strategic partnership deal to achieve synergies and increase cross-border cooperation...
ADX launches derivatives market; Index futures to be issued in 2022
The Abu Dhabi Securities Exchange (ADX) has launched a derivatives market as part of its ongoing efforts to strengthen Abu Dhabi's capital markets and...
Abu Dhabi’s Fertiglobe concludes IPO process; Raises $795mn
Fertiglobe, Abu Dhabi's leading nitrogen fertilizer producer and distributor, has announced the successful completion of its initial public offering (IPO) book building process and...
