Abu Dhabi Securities Exchange (ADX) Celebrates Emirati Women’s Day with Bell-Ringing Ceremony

Press release
Published August 28th, 2024 - 10:10 GMT

ADX
ADX Celebrates Emirati Women’s Day

Abu Dhabi, 28 August 2024: The Abu Dhabi Securities Exchange (ADX), one of the world's fastest-growing exchanges, celebrated Emirati Women's Day by honoring the significant contributions of Emirati women to the financial sector and society at large. This year's theme, "We Collaborate for Tomorrow," was the focus of the day's events.

A special bell-ringing ceremony was held to recognize pioneering women in the industry, including Al Dhabi Al Mehairi, who, at just nine years old, is the UAE's youngest entrepreneur and the youngest person to ring the opening bell at ADX.

The event emphasized the themes of empowerment and innovation, providing a platform to acknowledge the critical role women play in enhancing the financial landscape and driving inclusive economic growth.

Notably, by the end of July 2024, the number of UAE female investors on ADX exceeded 309 thousand investors, accounting for 77% of all female investors on the exchange. The trading values (buy & sell) of Emirati female investors from January 1st to the end of July 2024 reached AED 7.6 billion, representing nearly 80% of the total trading values of all female investors, which stood at

AED 9.6 billion.

Moreover, the market value of shares held by Emirati women reached AED 30 billion out of

AED 33 billion in total female holdings on ADX, demonstrating that Emirati women represent approximately 91% of all female holdings on the exchange.

With women making up 36% of ADX's workforce, the exchange remains committed to fostering gender diversity within the financial sector, consistently implementing policies that empower women at every level of its operations.

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.

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