Recent News

Zayed Higher Organisation backs multiple sclerosis patients through ‘Support’

ABU DHABI / WAM Coinciding with World Multiple Sclerosis (MS) Day, observed annually on 30th May, the Zayed Higher Organisation for People of Determination announced the launch of a pioneering initiative to support its employees living with this condition—classified as a physical disability. This step reflects the organisation’s commitment to enhancing the quality of life for all People of Determination, ...

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Abu Dhabi’s data centre industry power investments to exceed AED37 bn: TAQA CEO

ABU DHABI, 29th May, 2025 (WAM) – Abu Dhabi National Energy Company (TAQA) is poised to significantly bolster Abu Dhabi’s burgeoning data and artificial intelligence hub, with its CEO and Managing Director announcing that total investments to support the power needs of the data centre industry in the emirate will exceed AED37 billion. This announcement aligns with TAQA’s broader strategy ...

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UAE, Sweden discuss strengthening cooperation

ABU DHABI / WAM Dr. Ali Rashid Al Nuaimi, Chairman of the Committee on Defence, Interior, and Foreign Affairs in the Federal National Council (FNC), met with Fredrik Floren, Ambassador of Sweden to the UAE, to discuss ways to enhance bilateral and parliamentary cooperation between the two countries. The meeting, held today in Abu Dhabi and attended by Sheikha Saeed ...

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Stocks

SCA urges collection of dividends issued before March 2015

ABU DHABI/WAM The Securities and Commodities Authority (SCA) is calling on investors to collect their dividends through First Abu Dhabi Bank (FAB), the paying agent appointed to handle the process. This comes as a part of its ongoing efforts to protect the rights of shareholders in companies listed on the UAE stock exchanges and ensure they claim any outstanding entitlements ...

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Capital.com offers international investors access to UAE stocks

DUBAI/WAM Capital.com, the high-growth global trading platform and fintech group, has announced it is now offering its customers access to the principal UAE stock markets – becoming one of the first major trading platforms to do so. In a move that reflects the growing interest in the region’s economy, Capital.com is providing full coverage of the Abu Dhabi Securities Exchange ...

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Abu Dhabi Securities Exchange welcomes Alpha Data’s listing

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East, on Tuesday welcomed the successful listing of Alpha Data, a leading digital transformation provider and systems integrator in the UAE. This marks the UAE’s first IPO and the exchange’s second offering in 2025, reinforcing the exchange’s commitment to broadening the market and offering ...

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ADX daily trading volumes up 27.5% in 2025 Blurb

ABU DHABI/WAM The Abu Dhabi Securities Exchange (ADX) has reported a strong start to 2025, with daily trading volumes rising by over 27.5 percent compared to the same period last year, according to Abdulla Salem Al Nuaimi, CEO of ADX. Al Nuaimi also highlighted a more than 30 percent increase in the number of investors since the beginning of the ...

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UAE stock markets post AED257 bn market cap growth

ABU DHABI/WAM The UAE’s stock markets experienced substantial growth in 2024, driven by a robust economy, foreign investments, and IPOs. Both the Abu Dhabi Securities Exchange and the Dubai Financial Market saw significant increases in their market cap and trading volumes. This growth solidified the UAE’s position as a leading investment destination in the region. At the end of 2024, ...

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