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Abu Dhabi / WAM
Abu Dhabi Securities Exchange (ADX), has concluded its first roadshow in New York City.
Accompanied by a number of its listed companies, the officials from the exchange hosted meetings with around 50 institutional investors from various asset management companies and hedge funds whose assets under management are around US$ 7 trillion.
The roadshow was designed to facilitate one-to-one meetings between representatives of listed companies and institutional investors, which enabled the companies to showcase success stories, achievements, business developments and growth outlook of their respective companies.
On this occasion, ADX Chief Executive, Rashed Al Blooshi said, “ADX roadshows aim at globally promoting ADX services and that of its listed companies, as well as to highlight the investment climate in Abu Dhabi.â€
The roadshow also included discussion panels and presentations on the strength points and investment opportunities available in the Emirate of Abu Dhabi in various sectors as well as the advanced technical, digital, and regulatory environment in the Exchange which enabled it to become a leader in the region – reaching the highest international standards to attract global investments seeking opportunities in safe and reliable environment.
Al Blooshi reiterated,”The meetings we had with the asset management companies and hedge funds focused on the positive performance of Abu Dhabi economy that maintained its growth in the past few years – despite the uncertainty and volatility among other world economies. They also addressed the open environment and high returns of Abu Dhabi economy through partnerships leading to sustainable development.”
Meanwhile the participating companies demonstrated their strong abilities and wide range of opportunities, which allow them to ideally attract foreign investments seeking transparent havens and record revenues.
Commenting on First Abu Dhabi Bank, FAB, participation in the roadshow, Group Head of Subsidiaries, Strategy and Transformation, Karim Karoui, said, “We are committed to supporting the growth of the UAE’s and the region’s markets, and our long-term strategic goals are focused on empowering investors and the communities we operate in to join our movement and to Grow Stronger. We are, therefore, proud to be partaking in this important event with ADX in a key financial market, such as the US.”