You are here: Home » Breaking News » Abu Dhabu to hold roadshows to...
Breaking News
Abu Dhabu to hold roadshows to attract foreign investment
07 Apr 2008
The company said that foreign listings on the Abu Dhabi Securities Market (ADSM) would help diversify the investment opportunities on the exchange.
Tom Healy, the market's director-general, who is leading a delegation of eight listed firms, said: "The ADSM is planning to initiate exchange-traded funds (etfs) trading, and we believe that foreign etfs, and particularly etfs in sectors such as electronics that are not represented in the United Arab Emirates, would be of tremendous interest."
Participating companies include the National Bank of Abu Dhabi, Abu Dhabi Commercial Bank, Aldar Properties and Sorouh Real Estate among others.
This week's roadshows will follow the events held in London and New York last June by the bourse of the United Arab Emirates capital.
Meanwhile, the Abu Dhabi stock exchange said in March it has agreed with NYSE Euronext to develop a derivatives market in the Gulf Arab Emirate, among other ventures, according to a report from Reuters.
Login
Find A Company
Weekly Email News Round-up
Related news by topic
MELA awards RAK FTZ 'Best Emerging Free Zone' for the third year
02 Jul 2009
Ras Al Khaimah, UAE - Ras Al Khaimah Free Trade Zone (RAK FTZ) has once again been recognised for i...
Source: Cityscape Intelligence
Stabilising property prices to usher in first signs of growth in fourth quarter ...
01 Jul 2009
Sherwoods urges stakeholders of Dubai's property market to focus on 'positive attributes of global r...
Source: Cityscape Intelligence
Malaysia 'expected to liberalise property buying rules for foreigners'
30 Jun 2009
Malaysian prime minister Datuk Seri Najib Tun Razak is likely to make further announcements liberali...