Question

In: Finance

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

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

Solutions

Expert Solution

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.


Related Solutions

What are the available teatments for cancer in UAE?
What are the available teatments for cancer in UAE?
If you are a UAE National want to establish a company with friends in UAE, which...
If you are a UAE National want to establish a company with friends in UAE, which type of company you will choose? and why? Write the full answer and considering the following: 1- your nationalities. 2- the capital (share). 3- the activity. 4- the liability. 5- how many? Please do it as soon as possible
QUESTION A) In the UAE based on UAE laws, explain with an example the circumstances under...
QUESTION A) In the UAE based on UAE laws, explain with an example the circumstances under which a buyer is in breach of a sales contract. ( ANSWER IN 7 LINES ) (B) In the UAE based on UAE laws, explain with an example the circumstances under which a seller is in breach of a sales contract ( ANSWER IN 7 LINES)
A) In the UAE based on UAE laws, explain with an example the circumstances under which...
A) In the UAE based on UAE laws, explain with an example the circumstances under which a buyer is in breach of a sales contract. ( ANSWER IN 7 LINES ) (B) In the UAE based on UAE laws, explain with an example the circumstances under which a seller is in breach of a sales contract ( ANSWER IN 7 LINES)
If someone argues that a strong dollar is "good for UAE" because UAE residents are able...
If someone argues that a strong dollar is "good for UAE" because UAE residents are able to exchange some of their GDP for greater amount of foreign GDP, is it true that a strong dollar is good for every UAE resident? why? (answer in terms of importer and exporter perspective).
what is the main features of the law of business organization in uae? please write as...
what is the main features of the law of business organization in uae? please write as much as you can thank you
1) What I learned about doing business in UAE and India?
1) What I learned about doing business in UAE and India?
What's the progress in the UAE green agenda?
What's the progress in the UAE green agenda?
What's the progress in the UAE green agenda?
What's the progress in the UAE green agenda?
What was the most important lesson I learned about doing business in UAE and India?
What was the most important lesson I learned about doing business in UAE and India?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT