As part of Abu Dhabi Securities Exchange’s commitment to Abu Dhabi Plan Program toward achieving a financial system that supports development in the Emirate, and as part of its contribution to the development of the financial services sector, mandatory convertible bonds were listed last Thursday into shares by Abu Dhabi National Insurance Company to insure at Abu Dhabi Securities Exchange. The listing was carried out in the presence of Mr. Rashid Al Baloushi, CEO of Abu Dhabi Securities Exchange and Mr. Ahmad Edris, CEO of Abu Dhabi National Insurance Company, in addition to a group of experts, officials from two sides, as well as representatives of the National Bank of Abu Dhabi in its capacity as the director of issuance and the subscription receiving bank.
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