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ADX hosts session on new electronic IPO service

Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, held a conference with ten of the UAE’s top banking institutions to discuss plans for its new electronic Initial Public Offering, IPO, service. The new service will allow banks, issuers and key stakeholders to manage IPOs through ADX’s existing eKtetab platform, which provides a range of ...

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Abu Dhabi Airports operating profits up 65%

Abu Dhabi / WAM Abu Dhabi Airports announced on Tuesday that it has achieved a 65 percent increase in operating profits during the January-August period this year compared to the same period in 2016. This announcement comes after the company’s executive team weekly meeting that took place at Al Ain International Airport last week, led by Abdul Majeed Al Khoori, ...

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UAE, Saudi exchange experiences in govt finance practices

Dubai / WAM In a bid to strengthen its relations with regional and global entities, the UAE Ministry of Finance (MoF), on Tuesday received a delegation from the Ministry of Finance of the Kingdom of Saudi Arabia (KSA), at its premises in Dubai. The two parties aimed to exchange experiences in government finance practices at the meeting. Younis Haji Al ...

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