Search Site

AD Ports Group 2024 net profit $484m

The Group's revenue increased 48 percent year-on-year.

TAQA net income $1.93bn in 2024

The company's revenues increased 6.7 percent year-on-year.

ADNOC L&S 2024 net profit $756m

The company's revenue increased by 29 percent to $3.54 billion.

ADNOC Distribution 2024 net profit down 7%

Minus UAE corporate tax, it would have grown by 2.4% to $725m

Maaden raises $1.25bn in sukuk offering

The Sukuk were offered in a five-year and a 10-year tranche.

Abu Dhabi bourse to cut trading commissions by 50%

Presight listed on the ADX in March 2023. (AFP)
  • 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.