The Abu Dhabi Securities Exchange (ADX) has signed a Memorandum of Understanding (MoU) with the Expo Centre Sharjah to better serve the Emirate of Sharjah’s investor community.
The MOU signing ceremony took place at Expo Centre Sharjah with Abdullah Salem Alnuaimi, CEO of the Abu Dhabi Securities Exchange, and His Excellency Saif Mohammed Al Midfa, CEO of Expo Centre Sharjah, in the presence of officials from both sides.
As part of the partnership, the MoU between ADX and Expo Centre Sharjah aims to enhance services provided to the investor community in Sharjah by establishing a clear framework of cooperation between both entities. Through this agreement, ADX will have a greater presence at the Sharjah Expo throughout the year, in addition to facilitating joint projects that benefit both parties and their respective stakeholders. Through this joint effort, ADX and Sharjah Expo will be able to provide their respective customers with a more comprehensive range of services and offerings that will greatly enhance their experience.
Abdulla Salem Alnuaimi, Chief Executive Officer of ADX, said: “Forming partnerships and building relationships is central to ADX’s growth strategy. The signing of this MoU reinforces our commitment to expand our services in Sharjah and will serve the investor community in the Emirate by providing greater access to our diverse investment offerings. ADX remains dedicated to forging new partnerships with local, regional, and international entities to meet the evolving needs of our investors and support the development of Abu Dhabi’s vibrant capital markets.”
H.E. Saif Mohamed Al Midfa, CEO, Expo Centre Sharjah, affirmed that the signing of this MOU comes within the framework of Expo Centre Sharjah’s keenness to expand the scope of its partnership with all government and private institutions and bodies, with the aim of enhancing the exhibition industry’s contribution to supporting all economic sectors, including the financial sector, indicating that the memorandum represents a starting point towards broader horizons of cooperation and work. What is common between the two sides, especially since the Expo Sharjah agenda includes an important group of exhibitions and economic and commercial events that attract many businessmen and investors, is that it allows ADX to enhance its communication with a wider segment of customers and promote its services, praising the market’s leading reputation and extensive experience. In order to provide the best financial products and services, he invited the Abu Dhabi Securities Exchange to attend the 52nd edition of the Watch & Jewelry Middle East Show, which kicks off on September 27.
The MoU with Sharjah Expo Centre is part of a series of partnerships ADX has signed with various entities in multiple sectors as part of its growth strategy by partnering with various entities to provide investors better access to its diverse product offerings. Additionally, ADX has strengthened its ties with regional and international exchanges to attract more investors to the market and improve liquidity and efficiency.
