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Finance House injects Dh300 million into ADX to enhance market liquidity

The cash injection will be made through Finance House Securities.

ADX
Credit: ADX

Finance House and Finance House Securities have partnered with the Abu Dhabi Securities Exchange (ADX) to enhance liquidity and stability in the UAE’s financial markets.

In an effort to bolster the financial landscape, Finance House will inject Dh300 million into the local market through Finance House Securities. This move aligns with ADX’s strategies to strengthen market liquidity and foster financial stability.

“This agreement reflects the commitment of Finance House and Finance House Securities to provide solutions that meet best practices,” said T.K. Raman, CEO of Finance House. “Our goal is to enhance liquidity and stability in the financial markets while stimulating economic activity in the UAE.”

Ayman Al Khatib, General Manager and Managing Director of Finance House Securities, added, “This agreement is a significant step towards maximising Finance House’s financial resources, improving operational efficiency at Finance House Securities, and contributing to better capital utilisation. We also expect a long-term positive impact on the markets.”

This agreement underscores a shared commitment to economic development and sustainable growth in the UAE.