Al Ahli United Bank announced the signing of a strategic cooperation agreement with the Abu Dhabi Securities Exchange (ADX), one of the fastest-growing financial markets in the region, aiming to facilitate the bank’s clients’ access to capital markets in Abu Dhabi. This partnership will enable bank clients to subscribe smoothly to initial public offerings (IPOs), directly through the bank’s channels or via ADX’s electronic investor portal (eIPO), ensuring a seamless and secure client-centric experience.

This step contributes to enhancing the bank’s offerings in wealth management and digital solutions by integrating investment opportunities within its comprehensive ecosystem. It also grants clients the chance to participate in the vibrant capital markets of the United Arab Emirates with greater flexibility and transparency.

Through this partnership, Al Ahli United Bank clients will benefit from an integrated processing of IPO subscription requests, accessible directly via the bank’s mobile application. This initiative simplifies previously complex procedures into a smooth and clear experience, enabling clients to confidently and easily take advantage of available investment opportunities.

Sharish Bideih, CEO of Al Ahli United Bank, said: “We are proud through this cooperation to develop our partnership with the Abu Dhabi Securities Exchange and add a dimension beyond traditional banking services by granting our clients direct access to IPO opportunities.”

Meanwhile, Abdullah Salem Al Nuaimi, CEO of the Abu Dhabi Securities Exchange, said: “We are pleased to cooperate with Al Ahli United Bank to provide investors with seamless access to subscription services through ADX’s electronic investor portal and various channels of Al Ahli United Bank. This initiative reflects our commitment to enhancing the investor experience by providing innovative digital solutions.”