The Abu Dhabi Securities Exchange (ADX) has officially entered into a transformative partnership with Reem Finance, marked by the formalization of two critical agreements aimed at redefining investor access to initial public offerings (IPOs) and the trading of securities on ADX. This progressive initiative, as reported by the Emirates News Agency (WAM), seeks to enhance the efficiency and accessibility of financial markets for an expanding demographic of investors.
The agreements were inked during a ceremonial event attended by key figures in the industry, including Abdulla Salem Alnuaimi, the Group Chief Executive Officer of ADX, and notable leaders from Reem Finance, such as Hamdan Al Dahmani, Chairman; Faris Al Dhaheri, Board Member; and Seraj Faidi, Chief Executive Officer. Their collective presence underscored the importance of the collaboration in shaping the future of capital markets in Abu Dhabi.
The first of the two agreements allows for the instantaneous creation of a National Investor Number (NIN) through Reem Finance’s innovative digital platform. Clients will now have the capability to generate their NIN, an essential prerequisite for trading on ADX, directly through the Reem Finance app. This advancement significantly streamlines the onboarding process, minimizing the time and effort traditionally required for new investors, and positions Reem Finance as a burgeoning leader in the realm of digital community banking.
Enhancing Investor Engagement
The second agreement elevates Reem Finance’s role as a designated receiving entity for IPO subscriptions. This strategic alliance empowers investors with the ability to subscribe to IPOs on ADX directly via the RF app while also offering leverage options to facilitate their participation. By combining access with liquidity, this initiative aims to boost investor engagement and stimulate demand for new listings. Importantly, it also exemplifies the innovative services that will characterize Reem Finance’s digital community banking model.
In his remarks regarding the partnership, Abdulla Salem Alnuaimi articulated the vision behind this collaboration. “Our cooperation with Reem Finance, in addition to other institutions aiming to leverage ADX’s extensive services and products, reflects our commitment to fostering a more open, efficient, and accessible capital market environment. By simplifying the investor journey, we are attracting a more diverse array of participants and offering new avenues for engagement with the market,” he noted. This commitment reinforces ADX’s essential role in deepening market participation and expanding opportunities for investors and stakeholders alike.
Hamdan Al Dahmani echoed this sentiment, stating, “ADX and Reem Finance share a mutual vision for the development of deeper and more dynamic capital markets within the UAE. These agreements signify the commencement of a strategic partnership centered on digital community banking. Together, we aim to contribute decisively to the sustained growth of capital markets, strengthening Abu Dhabi as a global financial hub while shaping a future of unparalleled investor experiences.”
The Road Ahead
Seraj Faidi elaborated on the significance of these agreements for Reem Finance’s evolution into a digital community bank. “These agreements represent a pivotal milestone that opens new avenues for investors. By aligning with ADX and the overarching capital and equity markets agenda, we are ensuring our customers can conveniently access IPOs, augmented by leverage support. This is merely the first step in a series of initiatives we plan to undertake with ADX, and we are eagerly anticipating a broader collaboration,” he remarked.
In a broader context, ADX has showcased significant resilience and performance in the first half of 2025, with foreign net investments soaring 99.5% year-on-year to AED 13.6 billion and total trading values increasing by 33.5% to AED 179.5 billion. The agreements with Reem Finance further capitalize on this momentum to create additional investment channels, reflecting Abu Dhabi’s aspirations as a premier global financial center.
Earlier in August, ADX also welcomed Thndr as its inaugural remote retail trading member. As a startup from Hub71, Thndr is recognized as one of the MENA region’s pioneering fully digital investment platforms and is poised for substantial impact following its regulatory approval by the Financial Services Regulatory Authority (FSRA) of ADGM.
Furthermore, in June, ADX announced the live integration of the Armenia Stock Exchange (AMX) into the Tabadul platform, heralding a significant advancement in regional financial integration. AMX became the sixth exchange to join Tabadul, the Middle East’s inaugural mutual market access platform, launched by ADX in July 2022.
The synergy between ADX and Reem Finance represents a promising horizon for investors in the UAE as the region’s financial infrastructure continues to evolve, presenting enhanced opportunities and efficiencies for all market participants.
Tags: #UAE #BusinessNews #EconomyNews