UAE 'investment literacy' to be measured

01/12/2010 - Dubai Investment News
UAE 'investment literacy' to be measured

Posted by Neil King

The Abu Dhabi Securities Exchange (ADX) has announced the launch of seven surveys aimed at measuring the satisfaction levels of investors and other stakeholders.

Five of the surveys will measure the satisfaction level of investors, listed companies, brokerage firms, custodians and registrars while the other two will look at "investment literacy" among investors and university students as part of the Abu Dhabi government's long-term economic vision.

Rashed Al Baloushi, ADX deputy chief executive, said: "ADX's genuine concern for concluding these surveys rises from the directives of the leadership and the objectives of Abu Dhabi's Economic Vision 2030, in addition to the priorities set by the exchange's strategic plans, to enhance the performance and to support ADX's standings regionally and internationally."

ADX, which is the official stock exchange of Abu Dhabi, serves the domestic cash equity market, has 67 listed companies and a market capitalisation of AED 294 billion as of December 31st 2009.ADNFCR-2019-ID-800266174-ADNFCR