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ADX market liquidity jumps 5-fold in ’21 amid IPO boom

  Abu Dhabi / WAM ADX’s market liquidity jumps five-fold in 2021 amid IPO boom. Traded values (buy + sell) on the exchange increased 407 percent from AED145 billion in 2020 to AED739 billion in 2021, driven by higher levels of domestic and international investment. Local investors accounted for 70 percent of the exchange’s traded value, while foreign institutional investors ...

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UAE among top donors to WFP, says UN official

ABU DHABI / WAM Mageed Yahia, United Nations World Food Programme (WFP) Director, UAE office, and Representative for the GCC Region, said the UAE is among the WFP’s leading international donors, noting the country’s key role in providing financial and logistical support, to reach out to needy people around the world. In an exclusive interview with the Emirates News Agency ...

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Abu Dhabi, Israel discuss boosting economic ties

  Abu Dhabi / WAM Yousuf Ali Musaliam, Second Vice Chairman of Abu Dhabi Chamber, has received Dr Ron Malka, Director-General of the Ministry of Economy and Industry of Israel, accompanied by Amir Hayek, Ambassador of Israel to the UAE, and the diplomatic delegation at the chambers tower in Abu Dhabi to discuss boosting economic relations between businesses in Abu ...

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