United Arab Bank (UAB) has entered into a collaboration with the Abu Dhabi Securities Exchange (ADX) to enable its customers to subscribe to IPOs in Abu Dhabi directly via UAB’s mobile app or the ADX eIPO Investor Portal.
The agreement extends UAB’s digital and wealth services by incorporating IPO access into its platform ecosystem. The signing took place at ADX’s headquarters in Abu Dhabi and was attended by Abdulla Salem Alnuaimi, ADX Group CEO, and Shirish Bhide, UAB CEO.
UAB customers can now submit IPO applications without leaving the bank’s app, replacing a previously complex process with a streamlined, guided workflow.
Shirish Bhide stated that this move extends UAB’s offering beyond traditional banking and gives customers direct access to IPOs via digital channels, reinforcing transparency and inclusivity.
Abdulla Salem Alnuaimi described the partnership as part of ADX’s strategy to elevate the investor experience through digital innovation and broaden market reach via collaboration with leading institutions.
