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Abu Dhabi Securities Exchange Receives NYUAD CTED Delegation
Sep 10, 2014
Abu Dhabi Securities Exchange (ADX) received on the 10th of September 2014 a delegation from The Center for Technology and Economic Development (CTED) at New York University Abu Dhabi (NYUAD).  The delegation headed by CTED’s Director, Mr. Yaw Nyarko, were accompanied members of the Ethiopian Commodity Exchange.  They were received by ADX CEO, Mr. Rashed Al Balooshi and a number of ADX senior staff.

The delegation was briefed on the procedures, trading operations and e-services performed in the stock exchange. An explanation of the investment in the market, accounts and financial transactions was also provided. During the visit the delegation learnt about the role of ADX in reinforcing investments in the emirate of Abu Dhabi along with the trading tools that ensure regional as well as international leadership and uniqueness of the emirate.

“We are happy to see that NYUAD, an organization based in the UAE, is playing an active role in advancing through education the confidence of society in functioning of the market, as well as help in creating ambiance and investment climate in the ever evolving need to spread the investment culture amongst the younger generation and develop the skills of students as one of the main pillars for human resources development in the UAE.” Said Mr. Rashed Al Balooshi, CEO of ADX.

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