Finance House and Finance House Securities have signed an agreement with the Abu Dhabi Securities Exchange (ADX), aimed at boosting liquidity and market stability.
Under the agreement, Finance House will inject AED 300 million into the local market through Finance House Securities to increase investments and boost equity market liquidity.
T.K. Raman, CEO of Finance House, said the agreement reflects the commitment of Finance House and Finance House Securities to provide solutions that meet best practices.
“Our goal is to enhance liquidity and stability in the financial markets, while stimulating economic activity in the UAE,” he said.
Raman said the market’s achievements, overseen by the Abu Dhabi Securities Exchange (ADX), are key to driving economic growth and sustainable development in the UAE, besides fostering investor confidence and stimulating broader economic activity.
ADX said the partnership aligns with its vision and strategies.
This agreement demonstrates the shared commitment to driving economic development in the UAE and empowering the market to achieve sustainable growth, it said.
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