Question

what are ADGM, ADX, DIFC, DFM for UAE?

Answer 1

ADGM- ADGM is Abu Dhabi Global Market is an international financial centre and free zone located on Al Maryah Island in UAE's Capital Abu Dhabi. The centre was established in 2013 by Abu Dhabi Chamber of Commerce and became fully operational.

It has 3 authorities.

-Financial Services Regulator

-The Registration Bureau

-ADGM courts

ADGM- regulated the trading of digital assets and became an attractive jurisdiction for crypto companies after it introduced digital asset regulation in 2018.

ADX-Abu Dhabi Securities Exchange is a stock exchange in Abu Dhabi UAE. It was established on 15th November 2000 to trade shares of UAE Companies.

Trading location are Abu Dhabi,Al Ain,Fujeirah, Sharjah, Ras Al Khaimah.

The Abu Dhabi Securities Exchange is a member of the federation of Euro Asian Stock Exchange.

DIFC- Dubai International Financial Center is a top ten global financial centre and the leading financial hub in the middle East, Africa and South Asia region which comprises 72 countries with an approximate population of 3 bn and a nominal GDP of US $7.7 million.

DIFC- is home to an internationally recognised independent regulator and a proven judicial system.

DFM- Dubai Financial Market is a stock exchange located in Dubai, UAE. It was founded on March26,2000.

As of 2014, there are 67 companies listed on DFM. Most of them are UAE based companies and a few others are dial listings for companies based in other MENA region countries.

DFM- is governed and regulated by Securities and Commodities Authority.