ADSM opens new office in Al Ain today

ABU DHABI — Abu Dhabi Securities Market (ADSM) will open a new office in Al Ain today taking the total number of offices in the UAE up to six.

By A Staff Reporter

  • Follow us on
  • google-news
  • whatsapp
  • telegram

Published: Sat 19 Aug 2006, 9:08 AM

Last updated: Sat 4 Apr 2015, 2:18 PM

ADSM currently operates five offices: Al Ghaith Tower, Hamdan Street — which is the market's headquarters and employs around 80 per cent of all ADSM staff, Sharjah, Ras Al Khaimah, Fujairah and Zayed City.

Al Ain accounts for 15 per cent or 75,000 of ADSM's active investor pool which stands at around 500,000 in total, according to Rashed Al Baloushi, Acting Director-General of ADSM.

Commenting on the opening of the new office, Al Baloushi, said: "Al Ain has proven to be a very important source of active investors and we have responded accordingly by ensuring an ADSM presence 'in market'. We see this office opening is a further milestone in the six year history of ADSM."

More news from