GulfBase Live Support
23/07/2025 02:57 AST
The Abu Dhabi Securities Exchange (ADX) has signed a Memorandum of Understanding (MoU) with the Budapest Stock Exchange (BSE) to enhance cooperation on capital market initiatives, including ETF development, cross-border listings, and digital market access.
As part of the MoU, the two exchanges will explore:
- Joint investor events and educational seminars
- Development and promotion of exchange-traded fund (ETF) products
- Cross-border listings and dual trading access
- Closer collaboration on ESG frameworks and market practices
The agreement also outlines plans to assess BSE's potential participation in Tabadul, ADX's digital exchange hub launched in 2022. Tabadul enables remote market access between exchanges and streamlines cross-border trading via a mutual market access model.
Both parties emphasized that the partnership supports broader efforts to strengthen UAE-Hungary financial ties and expand investor access in their respective regions.
ADX and BSE also plan to share knowledge on regulatory frameworks, product innovation, and IT capacity-building as part of the strategic collaboration.
Times of Oman
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23/07/2025
Following a stellar 2024 where the DFM gained more than 27%,,it is up another 18 % this year, handily outperforming its peers and even larger emerging markets like India and Brazil. As well as the S&
Gulfnews
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Saudi Arabia's Tadawul All Share Index slipped on Tuesday, as it shed 137.97 points, or 1.26 percent, to close at 10,843.20.
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Arab News
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An across the board buying led the Qatar Stock Exchange (QSE) gain as much as 119 points and index surpass 11,100 points, the highest level in more than 36 months.
A higher than average dema
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This increase was due to a rise in the communications service sector, th
BNA
22/07/2025
Saudi Arabia's Tadawul All Share Index closed higher on Monday, rising 16.46 points, or 0.15 percent, to end the session at 10,981.17.
The total trading value on the main market reached SR4.
Arab News