Dubai: The Abu Dhabi Securities Exchange (ADX) expects the recent policy decision by the government on 100 per cent foreign ownership of companies to have a positive impact on the financial markets.
“These decisions will contribute to the acceleration of trade and investment in the country, as well as assist in continued economic growth. We expect a significant positive impact on domestic financial markets and thus the shareholders of listed local companies,” Rashed Al Beloushi, chief executive of Abu Dhabi Securities Exchange (ADX), said.
Beloushi expects the decision to help in developing new channels to stimulate the growth of a sustainable and diversified economy.
