Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) is set to host the annual meetings of the Arab Federation of Exchanges (AFE) on 16 and 17 September.
Held in Abu Dhabi, the meeting will be attended by a group of CEOs of member stock exchanges and general managers of clearing settlement and depository centres in the Arab world, the bourse said in a statement released on Sunday.
“The choice of Abu Dhabi to host the annual meetings of the AFE is a recognition of the commitment ADX plays in consolidating relations of cooperation between the Arab stock exchanges,” ADX’s CEO Rashed Al Blooshi commented.
The AFE’s meeting will examine issues and aspects relevant to the development of mechanisms of action in stock exchanges in the Arab world.
“Fostering collective work between Arab financial markets on the grounds of the exchange of ideas and knowledge is a necessity as such collective work will promote and enhance the ability of Arab stock markets to attract more investments,” Al Blooshi said.
