These 13 UAE-listed private joint-stock companies have Dhs8.3bn in capital

These 13 UAE-listed private joint-stock companies have Dhs8.3bn in capital

The UAE’s Securities and Commodities Authority (SCA) said there are 13 private joint-stock companies listed in the country’s capital markets, with a total capital of Dhs8.3bn by the end of 2022, according to the state-run news agency . The SCA said, in a recent report, that the companies are divided into 12 companies listed on the Abu Dhabi Securities Exchange (ADX) and one company listed on the Dubai Financial Market (DFM). The UAE markets regulator’s report shows that the ADX-listed companies are: The SCA said the list of private joint stock companies also includes BHM Capital with a capital of Dhs173.4m and is listed on the DFM. The inclusion of private joint-stock companies in the local markets helps companies access a large capital base, in addition to opening the way to enhance brand value effectively. This forms a pivotal part of the integrated vital system established by the UAE to embrace and support companies of all sizes, including startups down to the big companies. It provides one of the best and most convenient business environments in the world. Last year, the ADX launched the Nomu Market, a new brand for the ‘Second Market’ platform, to provide an advanced trading platform