The growth in the volume of IPOs in the UAE was praised at the HSBC conference – and the UAE stock market

Abu Dhabi: The successful listing of IPOs in the United Arab Emirates and the Gulf Cooperation Council (GCC) was seen as a strong local economic catalyst at a recent conference hosted by HSBC and the Abu Dhabi Securities Exchange (ADX) in London is.

The Stock Market Conference, which had keynote speakers from across the region and HSBC, was part of the first regional event hosted by HSBC Bank Middle East for stock markets. The aim of this conference was to connect stock markets with international investors, Middle East decision makers and public and private sector stakeholders.

Commenting on this, Stephen Moss, Regional CEO for the Middle East, North Africa and Turkey, said: “It is our strong and clear capabilities in global banking and global markets in the Middle East that have enabled us to to help customers in the region. raise more than $ 19 billion from investors around the world in 2021, placing us at the top of the Bloomberg Stock & Bond Index rankings in 2021. ”

Topics on the conference agenda included economic diversification, capital market growth, environmental, social and institutional governance, and global energy demand.

Abdel-Fattah Sharaf, CEO of HSBC UAE and Head of International Business for the Middle East, said: “The UAE economy provides an important hub for capital market activities in the Middle East, as evidenced by the boom in IPOs and over the past year, the UAE economy has shown resilience in the face of ongoing global challenges, which has contributed to a huge demand from investors seeking access to this fast-growing emerging market.We are excited to play an important role in the ability of global investors to access opportunities in the UAE through our organization for this opportunity. “

Saeed Hamad Al Dhaheri, Managing Director and CEO of the Abu Dhabi Securities Exchange, said: “Abu Dhabi and the local capital markets have seen a rapid growth process over the past two years, and have become more mature, competitive and liquid. We have global interest and a strong appetite for participation in the series of initial public offerings, and the recent listings in the Abu Dhabi Stock Exchange, which put the market and the Emirate of Abu Dhabi at the forefront of the international investment community’s attention, Confidence that sets international investors in Abu Dhabi as an investment destination with a fast-growing financial market reflects the size of the Abu Dhabi Stock Exchange. in the capital market, and we are firmly convinced that achieving long-term growth and achieving our a mbitions lie in strengthening our relationship with international investment institutions and continuing to attract capital from around the world. We are proud to work with HSBC to organize this promotion. ”


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HSBC media inquiries should be directed to:

Will Blair +971 (0) 805190585

For more information on the Abu Dhabi Securities Exchange, please contact:

Abdul Rahman Al-Khatib

Director of Corporate Communications and Digital Marketing

+971 (50) 668 9733 Cellphone: Email:

About HSBC in the MENAT region

HSBC is one of the largest and most widely represented global banking institutions in the MENAT region with a presence in nine countries across the region: Algeria, Bahrain, Egypt, Kuwait, Oman, Qatar, Saudi Arabia, Turkey and the United Arab Emirates. In Saudi Arabia, HSBC is a 31% shareholder in Saudi British Bank (SABB) and a 51% shareholder in HSBC Saudi Arabia for investment banking services in the Kingdom. At 31 December 2020, the bank’s assets in the Middle East, North Africa and Turkey (MENA) region reached $ 71 billion.

About the Abu Dhabi Securities Exchange:

The Abu Dhabi Securities Exchange was established on 15 November 2000 under Local Law No. (3) of 2000. According to this law, the market enjoys legal personality, financial and administrative independence, and the supervisory and executive powers necessary for its functions. On 17 March 2020, the Abu Dhabi Securities Exchange was transformed from a public institution into a public joint stock company in accordance with Act (8) of 2020. The Abu Dhabi Securities Exchange is affiliated with the “Courts” (ADQ), which is one of the largest holding companies in the region that hold a wide portfolio of large institutions operating in key sectors within the diversified economy in the Emirate of Abu Dhabi.

Abu Dhabi Securities Exchange is a market for trading securities. Including shares issued by public joint stock companies, securities issued by governments or companies, exchange traded funds and any other financial instruments approved by the UAE Securities and Commodities Authority. Abu Dhabi Securities Exchange is the second largest market in the Arab region and its strategy is to provide stable financial performance with diversified sources of income in line with the guiding principles of the UAE Agenda “Preparing for the Fifties”. The National Plan outlines the strategic development plan for the United Arab Emirates, which aims to build a vibrant, sustainable and diversified economy that contributes positively to the transition to a new global model of sustainable development.

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