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| 15 February, 2018

Abu Dhabi Securities Exchange achieves 99% in disclosure compliance

65 listed companies out of 66, local and foreign, disclosed their preliminary financial results for 2017 within the 45 days period given.

A sign shows the way to the Abu Dhabi Securities Exchange in Abu Dhabi December 15, 2009. Abu Dhabi threw its flashy but debt-laden neighbour Dubai a $10 billion lifeline to head off a bond default, cheering Gulf and global markets on Monday but raising questions about the undisclosed terms.REUTERS/Ahmed Jadallah

A sign shows the way to the Abu Dhabi Securities Exchange in Abu Dhabi December 15, 2009. Abu Dhabi threw its flashy but debt-laden neighbour Dubai a $10 billion lifeline to head off a bond default, cheering Gulf and global markets on Monday but raising questions about the undisclosed terms.REUTERS/Ahmed Jadallah

REUTERS/Ahmed Jadallah

ABU DHABI- Abu Dhabi Securities Exchange, ADX, has announced that it has succeeded in achieving a compliance rate of 99 percent regarding the disclosure of the preliminary results of its listed public joint stock companies within the deadline of 45 days from the end of the financial period.

65 listed companies out of 66, local and foreign, disclosed their preliminary financial results for 2017 within the 45 days period given.

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Saif Sayah Al Mansoori, Senior Head of Listed Companies Affairs Department at ADX, said, "The collaboration between ADX and its listed companies has always proved to be a productive one. We can clearly see the positive impact of this cooperation through the companies' fulfillment of their obligations on the disclosure of the third quarter financial statements."

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