Foreign investors drive Abu Dhabi exchange's first quarter volume to a four-year high.

Jin10 data reported on April 10 that Abdulla Salem Alnuaimi, the CEO of the Abu Dhabi Securities Exchange, stated that due to the launch of a new corporate structure, technological upgrades, and a wider range of products, the net foreign investment in the exchange surged by 151% in the first quarter. Data for January to March this year showed that foreign investors bought and sold securities worth approximately 70 billion dirhams (19 billion USD) in total during the quarter, resulting in a net inflow of 8.54 billion dirhams. Foreign investors accounted for 42% of the exchange’s volume, reaching a four-year high. Alnuaimi said, “We are aligned with the UAE government’s goals to attract foreign investment, achieve economic diversification, and support a strong financial sector.”