Bahrain Bourse and Abu Dhabi Securities Exchange (ADX) Launches Tabadul Exchange Hub

Bahrain Bourse and Abu Dhabi Securities Exchange (ADX) Launches Tabadul Exchange Hub

Bahrain Bourse (BHB) and Abu Dhabi Securities Exchange (ADX) announced the launch of the region’s first digital exchange hub – Tabadul. The exchanges commemorated this landmark achievement towards the launch of Tabadul with an official bell ringing ceremony live streamed from BHB and the ADX headquarters. HE Hisham Malak, Chairman of Abu Dhabi Securities Exchange (ADX), rang the market opening bell at Abu Dhabi Securities Exchange and the Minister of Finance and National Economy, HE Shaikh Salman bin Khalifa Al Khalifa, rang the market opening bell at Bahrain Bourse, with the attendance of the Minister of Industry and Commerce and Minister in Charge of Bahrain Bourse, HE Zayed bin Rashid Al Zayani, and the Governor of the Central Bank of Bahrain, HE Rasheed Mohammed Al Maraj, along with the Board of Directors and Executive Management of both exchanges. Tabadul was the result of the signed strategic partnership agreement in November 2021 between Abu Dhabi Securities Exchange (ADX) and Bahrain Bourse (BHB) to implement a cross-border plan in trading and post-trading environments. Based on the mutual market access model, Tabadul will allow investments across Bahrain Bourse and Abu Dhabi and enable investors to trade directly on both exchanges through licensed brokers