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

Ticker Price Volume

ADX 10,296.28 117.41 (1.15%)

Market
Dividend Yield (%)
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Price/BookValue
Performance
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  • 3-Month
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Volume Change
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ADIB 23.60 0.62 (2.69%)
FAB 18.16 0.86 (4.97%)
ADCB 15.30 0.00 (0.00%)
CBI 1.08 0.08 (8.00%)
UNB 0.00 0.00 (0.00%)

DFM 6,086.19 61.40 (1.02%)

Market
Dividend Yield (%)
P/E
Price/BookValue
Performance
  • 1-Month
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Ticker Price Change
EMIRATESNBD 26.50 0.75 (2.91%)
DEWA 2.80 0.02 (0.71%)
EMAAR 15.10 0.10 (0.66%)
DIB 9.70 0.12 (1.25%)
EIB 10.85 0.00 (0.00%)
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