
The Budapest Stock Exchange (BSE), the second-largest exchange in Central and Eastern Europe, and the Abu Dhabi Securities Exchange (ADX), one of the leading and fastest-growing exchanges in the Middle East, inked a Memorandum of Understanding (MoU) to work together on many important projects.
The signing happened while President His Highness Sheikh Mohamed bin Zayed Al Nahyan was in Hungary on a state visit. In the presence of the UAE Ambassador to Hungary, Saud Hamad Al Shamsi, the signing ceremony was held in the BSE’s headquarters.
By exchanging best practices, the MoU aims to strengthen ties between the capital markets of the two nations. Additionally, the agreement is a significant step in the BSE’s efforts to improve relations with other countries, including the Middle East. This development aligns with ADX’s continuous endeavors and programs to fortify ties with prominent international financial organizations.
As part of the agreement, the two sides will endeavor to increase the awareness of the capital markets in Hungary and the United Arab Emirates, among other things, by planning collaborative events including investor roadshows, seminars, and educational programs.
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