The Abu Dhabi Securities exchange (ADX), the UAE’s biggest financial marketplace, has signed an agreement with the Iraq stock alternate and the Iraqi Securities fee (ISC), paving the manner for Iraq to sign up for the nearby virtual buying and selling platform, Tabadul.
The signing rite turned into held at ADX headquarters on Tuesday.
The agreement follows a preliminary accord announced in January, geared toward enhancing cooperation among the capital markets of Iraq and the UAE. The partnership will focus on generation, innovation, put up-trade systems, and the exchange of first-class practices.
via becoming a member of Tabadul, Iraq will become the platform’s ninth member, enabling seamless pass-border buying and selling among Iraqi and Emirati investors and agents. The platform allows faraway marketplace get entry to and helps participation in IPOs throughout member exchanges, broadening funding horizons.