Search Site

Trends banner

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.

Nestle to cut 16,000 jobs

The company's shares shoot up 8%.

Women take lead in UAE, invest $9.42bn in 8 months at ADX

  • It represents a 74.7 percent growth over the corresponding period last year, when their trading value was around $5.39 billion
  • Owning $1.06 billion of shares at ADX, there are 219,000 Emirati women investing at ADX until mid-August 2022

Abu Dhabi, UAE— Some $9.42 billion have been invested in the financial markets by the women in the United Arab Emirates during the last eight months of the current year, according to figures shared by the Abu Dhabi Securities Exchange (ADX).

It represents a 74.7 percent growth over the corresponding period last year, when their trading value was around $5.39 billion, ADX said in a statement marking the Emirati Women’s Day.

“Emirati women completed transactions over nine billion shares during the reference period, up 42 percent from 6.3 billion share during the same period last year,” added the statement.

Owning $1.06 billion of shares at ADX, there are 219,000 Emirati women investing at ADX until mid-August 2022, accounting for 89.8 percent of the total number of women trading at the bourse.