Financial Services

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THE COMPANY: Emirates Telecommunications Corporation, or Etisalat, is a leading multinational telecoms operator, with a presence in 17 countries spread across the Middle East, Africa and Asia. With such a wide presence, Etisalat now has access to a population of more than 800m. Etisalat’s international...

Despite the international volatility since 2008, the UAE has managed to sustain its economy and even emerge in stronger shape in various fields. High oil prices, solid infrastructure and cohesive socioeconomics, among other factors, have helped the national economy continue its long-term growth.

How is the ADX helping to develop Abu Dhabi as a regional centre for capital markets?

A significant proportion of the UAE’s Islamic financial services (IFS) sector is based in Abu Dhabi. Home to two of the three largest Islamic banks in the country, three of its most successful takaful (Islamic insurance) firms and a multitude of sharia-compliant investment funds, the emirate is also emerging as an important regional centre of...

Five major financial institutions dominate the Abu Dhabi banking sector, which has expanded significantly over the recent decades.

Why do you believe Abu Dhabi’s banking sector was so resilient during the financial crisis, and how have lenders adjusted their activities since then?

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