DUBAI / WAM Abu Dhabi Securities Exchange (ADX), and Nasdaq Dubai signed an agreement to develop and launch an Index Futures contract based on the Abu Dhabi General Index (ADI), on Nasdaq Dubai’s derivatives platform. The ADI indicates the performance of ADX listed stocks and is widely tracked by the investment and trading community locally and internationally. The ADI’s value ...

DUBAI / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, attended the signing of 12 Memorandums of Understanding (MoUs) between Area 2071 and various local and international partners. Area 2071 seeks to find innovative solutions to current and future development challenges faced in a number of sectors. This ...

Abu Dhabi / Emirates Business Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, announced two major initiatives — the launch of the ADGM FinTech Innovation Centre and its global partnership with world’s largest startup accelerator Plug and Play — at its inaugural FinTech Abu Dhabi Summit. These two FinTech initiatives aim to support greater financial innovation, ...