Monday, May 27, 2024
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Local Markets Report Dhs24.3 Billion in Liquidity.

The local stock markets saw almost Dhs24.3 billion worth of trading activity, with the real estate, banking, and finance sectors accounting for the majority of the activity.
With the completion of more than 455,200 transactions, the liquidity was spread with roughly Dhs17.2 billion in the Abu Dhabi Securities Exchange (ADX) and Dhs7.15 billion in the Dubai Financial Market (DFM).

With over Dhs2.77 trillion in the ADX and Dhs710.4 billion in the DFM, the market capitalization of listed stocks reached Dhs3.48 trillion by the end of April.

With a liquidity of almost Dhs3.4 billion, International Holding Company (IHC) led trading activity in the Abu Dhabi market. Alpha Dhabi Holding came in second with Dhs1.45 billion, while Multiply Group attracted Dhs1.17 billion.

The effort emphasized why intellectual property protection is essential to achieving the Sustainable Development Goals (SDGs) and why the UAE prioritizes it across all domains, especially the economy. It emphasized the proactive stance taken by the UAE in creating a legal and regulatory structure that respects intellectual property rights and assists inventors and business endeavors by international best practices.

Under-Secretary of the Ministry of Economy Abdullah Al Saleh stated: “The UAE has accomplished remarkable success in establishing a leading legal framework for intellectual property under the directives of its wise leadership.” This framework seeks to emphasize knowledge and creativity’s role in promoting economic progress while upholding the strictest international standards. The nation has passed three laws on regulation and protection.

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