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Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

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Abu Dhabi bourse to cut trading commissions by 50%

Presight listed on the ADX in March 2023. (AFP)
By TRENDS Desk
August 28, 2021 12:21 pm
  • The trading fees will be reduced to 0.025% from 0.05% from September 1
  • The trading hours extension should bring ADX into line with the operating hours of many exchanges globally

The Abu Dhabi Securities Exchange (ADX) has cut its trading commissions by 50%, and will extend its trading hours by one hour from Oct. 3.

According to a statement released by ADX, the trading fees will be reduced to 0.025% from 0.05% from Sept. 1, the exchange’s second commission cut this year and the third in three years.

The trading hours extension should bring ADX into line with the operating hours of many exchanges globally, it said, part of moves to bolster market activity and to deepen market liquidity.

Abu Dhabi bourse to cut trading commissions by 50%, extend trading hours. The trading fees will be reduced to 0.025% from 0.05% from September.

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