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ADX ETF market surpasses AED1.4bn in traded value

Abu Dhabi / Gulf Time Exchange Traded Funds (ETFs) listed on the Abu Dhabi Securities Exchange (ADX) trading values have surpassed AED1.4 billion year to date, making the Exchange’s ETFs the most liquid in the Arab world. Year-to-date growth in the turnover of ADX’s ETF market was supported by more than 11,400 trades of 227 million units. This milestone reinforces ...

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Al Seer Marine to buy four new tankers for AED643m

  ABU DHABI / WAM Al Seer Marine announced on Tuesday a new four IMO II/III product tankers order valued at AED643 million as part of Al Seer global expansion push this year. K Shipbuilding, the leading Korean shipyard, will construct the four new medium-range (MR) IMO II/III product tankers at Jinhae Shipyard, which are expected to be delivered before ...

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Wio Bank, ADGM join hands to boost banking journey for SMEs

Abu Dhabi / WAM Wio Bank, the region’s first platform bank, on Tuesday announced a partnership with Abu Dhabi Global Market (ADGM), the international financial centre of the UAE’s capital, to bolster collective efforts to support small and medium-sized enterprises (SMEs) in the UAE to gain access to key banking services quickly and efficiently. With this partnership, Wio will extend ...

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