Abu Dhabi Securities Exchange (ADX) and Bahrain Bourse (BHB) are making progress on a range of strategic initiatives that support the further growth and diversification of the regional economy.
Capital market development is playing a central role in regional growth. The exchanges are making strong progress in the implementation of an action plan that will provide a significant opportunity to issuers and regional and global investors.
Senior executives of ADX and BHB have held meetings in Abu Dhabi this week to advance a strategic partnership designed to achieve greater cross-border cooperation.
During the meetings held in the UAE capital this week, the two bourses took steps to further implement the cooperation agreement signed in November, the ADX said in a statement.
The partnership aims to achieve “synergies, enhance market liquidity and promote innovative products and services”, it said.