Chief Executive Officer of the Abu Dhabi Securities Exchange (ADX), Mr. Rashed Al Baloushi, was a guest speaker at Abu Dhabi Investment Forum 2014 in London last week.
The event was organised by Institutional Investor, in partnership with the Abu Dhabi Department of Economic Development and supported by UK Trade and Investment (UKTI), the government department that helps UK-based companies in the global economy.
Mr Al Baloushi anchored a panel which discussed “Investing in Debt and Equity in the UAE”. In his contribution to the debate Mr. Al Baloushi highlighted the extensive trade and investment opportunities in the UAE and how both Abu Dhabi and the region can foster and stimulate growth over the coming years.
“ADX plays a fundamental role in the 2030 Economic Vision, as we not only reflect the economic performance of Abu Dhabi’s economy, but most importantly, we are a crucial catalyst in the process of its development through channelling savings and foreign investments to the financial markets, which in turn help companies to grow,” Mr Al Balooshi said.
He went on to highlight the performances of the Abu Dhabi Securities Exchange as it seeks to encourage more bond trading in the capital.
“For us, as a market, we are ready in terms of both infrastructure and process to enable bond listing and trading, and even over the counter trade,” he commented.
Mr Al Baloushi indicated that the UAE’s investment appetite was returning strongly, at both the public and private levels, and this is set to further strengthen as the economy continues to gather momentum. He highlighted the role that Abu Dhabi’s capital markets can play in attracting investment from UK companies into the country.
ADIF, which is in its fifth year, brings together a global audience of heads of industry and business, money managers, institutional investors and policy makers to hear about the wealth of investment opportunities Abu Dhabi has to offer to international companies. Participants
have the opportunity to meet and hear from Abu Dhabi’s key industry leaders, financial intermediaries and high-profile government officials.
For further enquiries, please contact:
Adel Al Dhaheri
Manger of Media Relations
Abu Dhabi Securities Exchange