eToro adds ADX stocks for global investors, providing access to leading UAE companies across energy, finance, technology, and healthcare.
eToro adds ADX stocks for global investors, providing access to leading UAE companies across energy, finance, technology, and healthcare.
eToro has expanded its offerings by integrating stocks from the Abu Dhabi Securities Exchange (ADX) into its platform. This development follows an agreement between eToro and ADX to enhance investor access to the UAE’s stock market. With this launch, eToro’s global user base can now invest in over 30 companies listed on ADX, covering a broad spectrum of industries, including energy, real estate, banking, finance, technology, and healthcare. This move will diversify investment opportunities and expose investors to the growing UAE economy.
George Naddaf, Managing Director MENA at eToro, expressed enthusiasm about the integration and emphasized its significance in portfolio diversification: “We are excited to enable our global users to diversify their portfolios with access to leading companies in the UAE while also empowering local investors to invest in businesses they know and trust. The first batch of stocks we are adding to our platform represents approximately $713 billion in market cap, covering nearly 88% of the exchange’s total market cap of $818 billion,” he stated.
Naddaf highlighted eToro’s commitment to working closely with ADX to drive retail participation and educate investors about the UAE market’s potential.
Abdulla Salem Alnuaimi, Group Chief Executive Officer of ADX, welcomed the development, noting that including ADX stocks on eToro will significantly enhance market accessibility for millions of investors worldwide. “We are thrilled that more than 30 ADX-listed companies are now available on the eToro platform, providing global investors seamless access to Abu Dhabi’s leading firms. This partnership aligns with ADX’s mission to expand market participation and further solidify Abu Dhabi’s position as a premier global financial center and investment hub,” he said.
ADX currently ranks among the top 20 global exchanges and is the second-largest in the Middle East. The exchange continues collaborating with strategic partners to introduce new initiatives to boost liquidity and strengthen its role as a key player in the international financial landscape. This latest integration with eToro will enhance investor engagement and attract more significant participation in the Abu Dhabi capital market.
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