62 companies listed on ADX allow foreigners ownership - Official

Abu Dhabi – Mubasher: The number of companies listed on Abu Dhabi Securities Exchange (ADX) that allow foreigners ownership have reached 62 companies, said ADX's chief executive, Rashed Al Baloushi.

The total number of companies listed on ADX stands at 66 companies.

The increase in the number of companies that allow foreigners ownership reflects the foreign investments growth rate during the recent years especially after upgrading ADX market to join MSCI emerging markets index, added Al Baloushi on the sideline of economic conference.

Mubasher Contribution Time: 23-Oct-2016 13:08 (GMT)
Mubasher Last Update Time: 23-Oct-2016 13:08 (GMT)