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Abu Dhabi exchange to launch futures trading

Bloomberg Abu Dhabi’s stock exchange is joining a race to introduce derivatives as Gulf bourses including Kuwait and Saudi Arabia put strategies in place to lure more investors. The Abu Dhabi Securities Exchange (ADX) plans to enable trading of futures contracts on single stocks in 2019, and they may eventually be available for the benchmark ADX General Index, Chief Executive ...

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DP World to defend its rights in Djibouti port

DUBAI / WAM DP World said on Tuesday that it will continue to pursue all legal means to defend its rights as a shareholder and concessionaire in Doraleh Container Terminal SA in face of Djibouti’s blatant disregard for the rule of law and respect for commercial contracts. On September 9 the President of Djibouti enacted a decree which purportedly transferred ...

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Abu Dhabi Ports, Kizad eye China opportunities

Abu Dhabi / WAM Following China President Xi Jinping’s historic visit to the UAE in July, senior representatives at Abu Dhabi Ports and Khalifa Industrial Zone Abu Dhabi (Kizad), visited Nanjing, Jiangsu Province, to bolster growing trade relations. During the China-UAE Industrial Capacity Cooperation Demonstration Zone Investment Promotion Conference, industry leaders, government officials and private sector decision makers gathered to ...

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