ADX launches “Understanding Financial Investment and how to Invest in Securities Market” programme to boost financial literacy and investment knowledge

Press release

Published October 8th, 2024 - 10:51 GMT

The programme is part of ADX’s ongoing efforts and commitment to strengthening financial education and literacy in Abu Dhabi and across the wider UAE. This dovetails well with the IOSCO and WFE-led initiative in increasing financial literacy and supporting investors in stock markets.

Abu Dhabi, United Arab Emirates, Oct 8, 2024: Abu Dhabi Securities Exchange (ADX), one of the fastest-growing exchanges in the world, is pleased to advocate and celebrate the global “Ring the Bell for Financial Literacy” initiative led by the International Organization of Securities Commissions (IOSCO) and supported by the World Federation of Exchanges (WFE) to promote financial literacy and investor protection.

Expanding its ongoing ESG commitment in providing inclusive financial education, ADX launched an Abu Dhabi-wide campaign “Understanding Financial Investment and how to Invest in Securities Market” to strengthen financial and investment knowledge across the business ecosystem and community in Abu Dhabi.

The programme includes a series of workshops organized in collaboration with ADX member firms. For examples, ADX and broker partner BHM Capital recently conducted two workshops with ADNOC Distribution, and the Abu Dhabi Department of Economic Development (DED), covering a broad spectrum of topics, including an introduction to securities markets, importance and value of investments, investment strategies and risk management, identifying investment opportunities in public listed companies.

The new initiative augments ADX’s ongoing engagement with local academic institutions and universities and business associations to improve investment knowledge and raise the bar of financial literacy across the UAE.

Abdulla Salem Alnuaimi, Group Chief Executive Officer of ADX, said: “As one of the financial anchors of Abu Dhabi, ADX is deeply committed to enhancing financial literacy as a cornerstone of our strategy. With the launch of our new program, coinciding with the global 'Ring the Bell for Financial Literacy' initiative, we hope to continually empower Abu Dhabi’s workforce and community with the knowledge to participate in capital markets, understand & use the available investment products to tap on the growth opportunities in the capital market to fulfill their financial objectives. We believe a well-informed workforce and community with sound financial knowledge and skills plays a vital role in contributing towards the long-term growth and success of UAE’s economy."

ADX is actively pursuing further partnerships with other leading organizations in the UAE to broaden the reach of its financial literacy initiatives. By expanding these educational efforts, ADX aims to foster a more inclusive investment environment that aligns with Abu Dhabi's broader vision of sustainable economic diversification.

Background Information

Abu Dhabi Securities Exchange

Abu Dhabi Securities Exchange (ADX) was established on 15th of November 2000 by Local Law No. (3) of 2000, the provisions of which vests the Market with a legal entity of autonomous status, independent finance and management, and gives ADX the necessary supervisory and executive powers to exercise its functions.

Moreover, ADX has the authority to establish centers and branches outside the Emirate of Abu Dhabi, and so far it has done so in Al Ain, Zayed City, Fujairah, Ras Al Khaimah and Sharjah.

ADX's board of directors is comprised of seven members nominated by Amiri Decree. The members of the board hold office for a term of three years. The first board of directors was constituted by Amiri Decree No. (8) of 2000.