Abu Dhabi Exchange Signs Cooperation Agreements With Egyptian and Damascus Bourses

The Abu Dhabi Securities Exchange has announced the signing of two strategic memoranda of understanding with the Egyptian Exchange and the Damascus Securities Exchange.

The agreements were signed during the annual conference of the Arab Federation of Capital Markets in Abu Dhabi.

One memorandum links the Abu Dhabi exchange with its Egyptian counterpart, while the other establishes an agreement with the Damascus market.

The announcement described both memoranda as strategic but did not provide details on their scope, implementation timetable or planned initiatives.