ADX and 9 listed companies to meet major institutional investors in London

ADX and 9 listed companies to meet major institutional investors in London

ADX has experienced a 25% year-to-date increase in market capitalization to close to AED 2 trillion (USD 545 billion), bolstered by a series of IPOs and listings over the past year – which have totalled over USD 5 billion – including Abu Dhabi Ports, Fertiglobe, ADNOC Drilling, Alpha Dhabi and Multiply Group. Additionally, in the last week, Borouge raised USD 2 billion in an IPO and successfully listed on ADX, marking one of the largest IPOs on ADX to date.

Saeed Hamad Al Dhaheri, Managing Director and Chief Executive Officer of ADX, said: “UAE capital markets are shining brightly on the screens of international institutional investors due to the country’s robust macroeconomic fundamentals, strong corporate performance and accelerating capital markets activity. ADX is a core component of the major transformation underway in the region, which is creating a vibrant, diversified and sustainable economy. Access to long-term global capital is central to this ambition, and it is therefore important that we continue to nurture relationships and informational flows with international investors.”

The senior ADX delegation, led by Managing Director and CEO Saeed Hamad Al Dhaheri, includes over 25 CEOs, CFOs and senior executives from the following listed companies: ADNOC Distribution, ADNOC Drilling, Abu