Abu Dhabi listed companies' market cap tops $143bnAbu Dhabi Securities Exchange's (ADX) listed companies market cap reached Dh526 billion ($143.2 billion), by the end of August; with a remarkable increase in ADX general index by 13.4 per cent from the start of 2018, a media report said. More… |
Emirati women ‘hold shares worth over $5.4bn’The number of Emirati female investors reached 220,000 by the end of the first half of 2018 and the number of shares they hold is about 3.5 billion with a market value of about Dh20 billion ($5.44 billion), a media report said. Wh More… |
ADX listed firms distribute $6bn cash dividendsAbu Dhabi Securities Exchange (ADX), the region’s leading financial market, has distributed more than Dh23.4 billion ($6.37 billion) in cash dividends to around 406,000 investors on behalf of listed companies in 2018,a media report said. More… |
Emirati women's investments top $5bn at ADXThe total number of Emirati women investing at Abu Dhabi Securities Exchange (ADX) reached 219,000 by the end H1 2017, with 3 billion shares worth Dh18.8 billion ($5.1 billion). Additionally, Emirati female investors’ total More… |
ADX ready to provide general clearing serviceAbu Dhabi Securities Exchange (ADX), has declared its technical and logistical readiness to provide the general clearing service, in a move to improve performance of financial markets in the UAE, a report said. The Securities and More… |
65 Abu Dhabi-listed firms post Q1 profit over $3.25bnProfits of 65 domestic and foreign companies listed on Abu Dhabi Securities Exchange (ADX) have reached Dh12 billion ($3.26 billion) in the first quarter (Q1) of 2017, growing by 19 per cent, compared with Dh10.4 billion in Q1 2016, a report sai More… |
Industries Qatar Q3 net more than triplesIndustries Qatar, the country's largest company by market value, more than tripled its third-quarter profit to SR4.52 billion ($1.24 billion), compared to the year-earlier period. Net income in the nine months to September 30 was SR7.2 bil More… |
UAE eases rules on share buybacksThe United Arab Emirates cabinet has authorised the bourse regulator to ease restrictions on share buybacks in an effort to boost stocks after weeks of declines, the official WAM news agency said on Monday. It said the move was meant to sh More… |
Abu Dhabi bourse eyes $200bn listingsThe Abu Dhabi Stock Exchange (ADX) plans to attract companies with total market capitalisation of at least $200 billion in the next two years, according to a London-based magazine. The companies are expected to apply for initial public off More… |