On August 13, a Memorandum of Understanding (MoU) was signed between Hayk Yeganyan, CEO of the Armenia Securities Exchange (AMX), and Abdulla Salem Alnuaimi, Group CEO of the Abu Dhabi Securities Exchange (ADX). This MoU aims to establish mutually beneficial cooperative relations and strengthen the strategic partnership between the two exchanges. The signing ceremony was also attended by Saker Aslan, COO of the Abu Dhabi Securities Exchange.
AMX emphasizes the importance of exchanging experience and implementing partnership programs that will serve the development of Armenia's capital market and create opportunities to open markets for potential foreign investors on a bilateral basis. The exchanges aim to leverage professional expertise and contribute to the creation of a competitive capital market through joint programs.
Through this partnership, Armenia, and particularly the Armenia Securities Exchange, aims to become an important link connecting the dynamic markets of the Middle East and Europe, promoting the implementation of mutually beneficial financial programs.
It is remarkable that in May, during the annual investment conference AIM Congress in Abu Dhabi, representatives of the Armenia Securities Exchange were invited to the Abu Dhabi Securities Exchange, where they became acquainted with the exchange's operations, the possibilities of a new trading platform, and exchanged experiences. The conference was followed by various discussions and meetings aimed at experience exchange between the specialists of the two exchanges, which laid the foundation for the signing of today's Memorandum of Understanding.
Both parties are hopeful that this new stage of cooperation will create new opportunities and growth prospects for both exchanges, strengthening their positions as key players in the financial market.
About the Abu Dhabi Securities Exchange
ADX is the second-largest market in the Arab region. ADX is a market for trading securities; including shares issued by public joint stock companies, bonds issued by governments or corporations, exchange-traded funds, and any other financial instruments approved by the UAE Securities and Commodities Authority (SCA). ADX is part of ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy.
