The Latest Breaking News from Abu Dhabi Securities Exchange

UAE’s TAQA Lists Bonds Worth $8.25 Billion on ADX

Abu Dhabi National Energy Company (TAQA) has made a secondary listing of nine bonds valued at $8.25 billion on Abu Dhabi Securities Exchange (ADX). The bonds, which will mature between 2023 and 2051, range in size from $500 million to $1.25 billion and have issuance tenors ranging from seven years…

Asharq Al-Awsat · Jun 24, 2022

Abu Dhabi's Borouge to Sell 10% of Shares in IPO, List on ADX

Abu Dhabi National Oil Company (ADNOC) and its Austrian chemicals partner Borealis plan an initial public offering of their petrochemicals joint venture Borouge, the latest step in the Abu Dhabi state energy group’s asset monetization program. Borouge, which is a specialty plastics firm that produces polyolefin, said on Wednesday it…

Asharq Al-Awsat · May 19, 2022

GFH to Cross List Shares on ADX in May

Bahrain-based investment bank GFH Financial Group plans to cross list its shares on Abu Dhabi Securities Exchange (ADX) in May, making it the company's fourth regional listing after Bahrain, Dubai, and Kuwait bourses. GFH expects the cross trading on ADX to boost liquidity in its shares, benefit the shareholders, and…

Asharq Al-Awsat · Apr 25, 2022