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ADX, FTSE roll out Islamic index
The index provides access to the ADX’s top 15 Shariah-compliant companies
Lulu Retail IPO sells out within one hour
The company is on track to raise up to AED 5.27 bn
ADNH Catering’s shares flat on ADX debut
ADNH Catering raised AED 864 mn in its share sale
THIS MORNING: ADNH Catering debuts on the ADX + Cafu ventures into the EV space
Plus: It’s day two of the Brics summit
LuLu Retail to sell 25% stake in ADX IPO, set to be the biggest this year
The company’s shares are set to debut on the ADX on 14 November
THIS MORNING: Opec+ meets today + Space42 is live on the ADX
Plus: DXB is even more optimistic on passenger travel this year
ADX gears up for three IPOs, new index launch, and tokenized bonds by year-end
The ADX is doubling down on boosting companies’ visibility and investor relations
Finance Ministry to hold dialogue with state-owned GCC firms next week + Adia still after DB Schenker
Plus: ADX is working on an Islamic index
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