The Abu Dhabi Securities Exchange (ADX), the Arab world's second-largest stock market by market value, signed an agreement with TradingView, a US-based financial information portal, to help attract more global traders and investors to the exchange.
ADX market data is now live on TradingView’s platform and the data is accessible to more than 30 million users to support their trading decisions, ADX said in a statement on Wednesday.
“The agreement is part of our ADX One strategy of investing in the transformation to ensure a seamless connection between investors and companies in a vibrant marketplace,” Saeed Al Dhaheri, managing director and chief executive of ADX, said.
“Our goal is to continue significantly increasing market capitalisation, enhancing liquidity and diversifying our investor base.”
The ADX One strategy, launched at the beginning of last year, comprises 22 projects to enhance corporate governance and introduce products and services that meet the requirements of issuers and global investors.
ADX launched a derivatives market in the fourth quarter of 2021, a new benchmark FADX 15 Index in March following an agreement with FTSE Russell to develop co-branded indices, and FADX 15 futures contracts in June 2022, as the first index futures on the exchange’s derivatives platform.
With a market capitalisation of about Dh2 trillion ($544 billion), ADX is home to some of the region's biggest companies, including International Holding Company and its subsidiary Alpha Dhabi Holding, First Abu Dhabi Bank and telecoms company e& (formerly known as Etisalat).
The exchange has also attracted a string of initial public offerings since last year.
There were nine on the main exchange last year, including Adnoc Drilling, which raised $1.1bn in October, and Fertiglobe, the world’s largest seaborne exporter of urea and ammonia combined, which reaped about $795 million.
In February, shares of Abu Dhabi Ports Group, the operator of industrial cities and free zones in the emirate, began trading on the ADX.
In June, Borouge, the joint venture between Adnoc and Austrian chemicals producer Borealis, successfully closed its $2bn IPO, the biggest share sale on the ADX, in a deal that was about 42 times oversubscribed.
What are the influencer academy modules?
- Mastery of audio-visual content creation.
- Cinematography, shots and movement.
- All aspects of post-production.
- Emerging technologies and VFX with AI and CGI.
- Understanding of marketing objectives and audience engagement.
- Tourism industry knowledge.
- Professional ethics.
The years Ramadan fell in May
Mohammed bin Zayed Majlis
Company name: Farmin
Date started: March 2019
Founder: Dr Ali Al Hammadi
Based: Abu Dhabi
Sector: AgriTech
Initial investment: None to date
Partners/Incubators: UAE Space Agency/Krypto Labs
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Specs
Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request
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1. Fasting
2. Prayer
3. Hajj
4. Shahada
5. Zakat
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FIGHT CARD
Bantamweight Hamza Bougamza (MAR) v Jalal Al Daaja (JOR)
Catchweight 67kg Mohamed El Mesbahi (MAR) v Fouad Mesdari (ALG)
Lighweight Abdullah Mohammed Ali (UAE) v Abdelhak Amhidra (MAR)
Catchweight 73kg Mostafa Ibrahim Radi (PAL) v Yazid Chouchane (ALG)
Middleweight Yousri Belgaroui (TUN) v Badreddine Diani (MAR)
Catchweight 78kg Rashed Dawood (UAE) v Adnan Bushashy (ALG)
Middleweight Sallaheddine Dekhissi (MAR) v Abdel Emam (EGY)
Catchweight 65kg Rachid Hazoume (MAR) v Yanis Ghemmouri (ALG)
Lighweight Mohammed Yahya (UAE) v Azouz Anwar (EGY)
Catchweight 79kg Omar Hussein (PAL) v Souhil Tahiri (ALG)
Middleweight Tarek Suleiman (SYR) v Laid Zerhouni (ALG)
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
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Emergency phone numbers in the UAE
Estijaba – 8001717 – number to call to request coronavirus testing
Ministry of Health and Prevention – 80011111
Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre
Emirates airline – 600555555
Etihad Airways – 600555666
Ambulance – 998
Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries
Essentials
The flights
Etihad and Emirates fly direct from the UAE to Delhi from about Dh950 return including taxes.
The hotels
Double rooms at Tijara Fort-Palace cost from 6,670 rupees (Dh377), including breakfast.
Doubles at Fort Bishangarh cost from 29,030 rupees (Dh1,641), including breakfast. Doubles at Narendra Bhawan cost from 15,360 rupees (Dh869). Doubles at Chanoud Garh cost from 19,840 rupees (Dh1,122), full board. Doubles at Fort Begu cost from 10,000 rupees (Dh565), including breakfast.
The tours
Amar Grover travelled with Wild Frontiers. A tailor-made, nine-day itinerary via New Delhi, with one night in Tijara and two nights in each of the remaining properties, including car/driver, costs from £1,445 (Dh6,968) per person.
