At the signing held at ADX headquarters in Abu Dhabi on 3 September 2025, key figures including Abdulla Salem Alnuaimi, ADX’s Group Chief Executive Officer, and Shirish Bhide, Chief Executive Officer of United Arab Bank, formalised the collaboration. The design is to bring investment opportunities into UAB’s existing ecosystem, reinforcing its wealth offerings and digital transformation efforts.
Through this integration, what was once a multifaceted subscription process becomes a guided experience. Customers will now complete applications through familiar platforms, whether the bank’s app or the ADX portal, removing technical friction and fostering investor confidence.
Shirish Bhide stressed the broader significance of the move, pointing out that it extends UAB’s services beyond traditional banking and places power firmly in the hands of customers. The initiative is presented as a modern method of embedding investment lines into everyday digital channels, enabling broader engagement with the capital markets underpinned by inclusivity and openness.
Aligned on its part, Abdulla Salem Alnuaimi characterised the collaboration as a key step in enhancing the investor experience through digital innovation. He emphasised the strategic importance of partnering with influential financial institutions to expand reach and deliver a wider array of offerings to market participants.
The partnership forms part of a wider context where ADX continues to position itself at the forefront of technological advancement in financial markets. Earlier this year, ADX joined forces with HSBC and First Abu Dhabi Bank to launch the region’s inaugural distributed ledger technology bond—further evidence of the exchange’s drive to modernise capital market infrastructure.
Indian-indexed details and analysis show that United Arab Bank has been pursuing aggressive capital strengthening and investor engagement strategies. In mid‑2025 it conducted a rights issue offering up to AED 1.03 billion in new shares at AED 1.00 apiece, with trading of rights and subscriptions executed between June and July. Trading of “UABRI25” rights occurred from 30 June to 22 July, followed by the subscription window running until 29 July, with listings expected to begin around 11 August.
UAB’s stock performance reflects growing investor interest. As of 1 September 2025, its shares closed at AED 1.20, with a market capitalisation of approximately AED 2.54 billion. The bank has demonstrated robust financial momentum, with annual revenue rising sharply and net income growing at healthy double-digit rates.
In context, the IPO subscription partnership can be seen as complementary to prior shareholder-oriented initiatives. By offering integrated digital access to IPO subscriptions, UAB not only addresses existing investor demand but also enhances its competitive positioning in a fast-evolving market landscape.
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