Monday, June 24, 2024

Commencement of trading in “Multiplay” shares in “Abu Dhabi Securities”


Shares of Multiplay Group began trading on the Abu Dhabi Securities Exchange’s main market yesterday.

Multiplay listing gives investors the opportunity to participate in the development of a diversified portfolio focused on technology.

With assets of 8.16 billion dirhams at the end of September, the team employs 3,240 people and pursues a growth strategy that focuses on digital innovation in a number of sectors, including automobile, public utility services, capital and healthcare. , Media and Communication

Saeed Hamad Al Taheri, CEO of Abu Dhabi Securities Exchange, said: “We are pleased to welcome the Multiplay Group into the market as a valuable contribution to the various investment opportunities available in the market.”

He added, “The strong listing group we have seen in the current year has supported the market capitalization to reach more than 1.5 trillion dirhams and to increase the performance of the capital markets with the strong growth potential of companies. In our region, the Abu Dhabi Securities Exchange has attracted strong investment flows, making it one of the best performing markets in the world by 2021.

For his part, Samia Bouazza, CEO and board member of Multiplay Group, said, “The listing on the Abu Dhabi Securities Exchange is a way to expand our partner base and make Abu Dhabi Securities Exchange an excellent investment portfolio for investors to access.”

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Nadia Barnett
Nadia Barnett
"Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator."

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