all through an professional visit to Abu Dhabi, Iraqi Securities fee (ISC) President Faisal Al-Haimus met with Abdulla Salem Alnuaimi, CEO of Abu Dhabi Securities change organization (ADX), to explore improving collaboration between the Iraqi stock alternate (ISX) and ADX.
Discussions focused on integrating ISX into the Tabadul digital exchange Hub, a move-border buying and selling platform released with the aid of ADX in 2022.
Al-Haimus highlighted the initiative’s capacity to raise ISX’s regional position and support Iraq’s funding growth plans, while Alnuaimi emphasized the importance of connectivity among financial markets to stimulate investments and share information.
Al-Haimus additionally attended the 2024 MEIRA Annual conference in Abu Dhabi, which added collectively over 800 delegates from 33 economic markets to cope with regional capital marketplace demanding situations, AI’s function in investor relations, and ESG integration into Islamic finance.
full textual content of press launch:
for the duration of an respectable visit to Abu Dhabi, His Excellency Mr. Faisal Al-Haimus, President of the Iraqi Securities commission (ISC), met with Mr. Abdulla Salem Alnuaimi, organization chief government Officer of the Abu Dhabi Securities change institution (ADX), one of the global’s quickest-developing exchanges. The assembly explored methods to reinforce the cooperation among the ISC and ADX and enhancing the collaboration between the 2 exchanges, consisting of formulating a joint cooperation settlement.
The assembly explored integrating the Iraq inventory change (ISX) into the Tabadul virtual change Hub, which was launched by using ADX in 2022. The platform is the first digital exchange that allows pass-border trading and investment opportunities and presently includes 8 exchanges. His Excellency Al-Haimus emphasised the importance of this cooperation in improving the function of the ISX on the nearby degree, as well as advancing Iraq’s development plans for its funding landscape.
Mr. Abdulla Salem Alnuaimi expressed ADX’s readiness to guide this initiative and stated that the cooperation with the ISC will foster know-how and understanding sharing between the two local financial markets and that it’ll fortify the role of the economic markets in economic improvement.
Abdulla Salem Alnuaimi, group leader govt Officer of ADX, said:
“on the Abu Dhabi Securities change, we believe within the power of connectivity among economic markets, and we sit up for attaining a successful final results with the ISC whilst driving monetary market development and stimulating investments inside the location.”
His Excellency Al-Haimus attended the center East Investor relations association (MEIRA) Annual conference 2024, which was held in the UAE capital of Abu Dhabi, in partnership with ADX. The convention become attended by using greater than 800 delegates, such as representatives of one hundred fifty issuers from the Gulf countries and the wider center East, representatives from 33 economic markets, and over one hundred fifty individuals representing neighborhood and international financial establishments. The convention provided a completely unique platform for replacing insights and ideas among greater than eighty experts from around the sector, who addressed capital markets challenges, ways of retaining the boom trajectory of GCC markets, AI’s effect on investor members of the family, in addition to the integration of environmental, social, and governance (ESG) standards into Islamic finance.
This joint cooperation among the ISC and ADX displays Iraq’s commitment to growing the investment panorama and enhancing the position of the capital markets in assisting regional monetary growth.
 President Faisal Al-Haimus met with Abdulla Salem...){kind=link}