عربي English
HomeAbout UsMembersStatisticsPublicationsNewsEventsGalleryContact UsMembers Area
ADI 5036.415 (AED)  0.19% | AMGNRLX 1982.04 (JOD)  -0.23% | BAX 1160.94 (BHD)  1.35% | BLSI 1207.903 (USD)  0.06% | MASI 10564.6172 (MAD)  -0.15% | DFMGI 3274.06 (AED)  -0.15% | EGX30 10688.16 (EGP)  4.52% | ISX 72.01 (IQD)  0% | KWSE 5275.04 (KWD)  -0.18% | MSI 6317.66 (OMR)  -0.55% | PLE 483.41 (JOD)  -0.01% | QE 12282.17 (QAR)  -0.42% | TASI 9717.9 (SAR)  -0.65% | TUNINDEX 5585.19 (TND)  0.45% | SPAFEUP 64.11 (USD)  -0.02%
Source: Thomson Reuters.   Last updated on Feb 16, 2019 at 18:44PM (UTC).   Delayed by at least 15 minutes.
Abu Dhabi Securities Exchange Hosts the Annual Forum for Listed Companies
Oct 24, 2016
Chief Executive of Abu Dhabi Securities Exchange (ADX) Rashed Al Blooshi said that strengthening partnership with listed companies is part of ADX’s strategic aims - in addition to improving the infrastructure of the Exchange. 
 
ADX has recently launched a Blockchain-based e-voting service to allow shareholders of listed companies to vote in annual general meetings, and continues to work towards increasing institutional investment in the Exchange.  ADX has also been working to accelerate the process of granting licenses of financial services following the decision of the Securities and Commodities Authority (SCA) towards transferring the licensing of such services to the financial markets in the UAE.   
 
As part of the annual forum for public shareholding companies, Al Blooshi said that “ADX seeks to continue distributing cash dividends for all listed companies during the next year”.
 
ADX has distributed around 22 billion Dirhams of cash dividends for the last year, out of 39.4 billion Dirhams of total profits achieved by listed companies.
 
“ADX offers services that are aimed precisely towards serving listed companies, shareholders, and its stakeholders. ADX continues to maintain communication between companies and shareholders, hence it will be launching a public awareness campaign to reinforce transparency and disclosure in accordance with global best practices, “he added.
 
Saif Sayah Al Mansoori, Senior Head of Listed Companies Affairs department at ADX, gave a welcoming speech to the companies participating in the forum while highlighting that this annual event has come a long way in supporting and strengthening the relations between ADX and its listed companies.
 
Al Mansoori also emphasized that well-grounded decision making requires extensive consultation and most importantly effective communication which is the main purpose of the forum.  
 
During the event, representatives of ADX’s Listed Companies Affairs department, Clearing & Settlement department, Market Operations & Surveillance department, and Information Technology department delivered a comprehensive presentation on the new services offered by ADX.  They also familiarized the attendees with ADX new website which meets the needs of companies, investors, as well as analysts.
 
According to official statistics, the market capitalization of listed companies in ADX stood at 426 billion Dirhams by the end of September, and the owners’ equity reached 305 billion Dirhams.
 
Abu-Dhabi-Securities-Exchange.jpg