Abu Dhabi, Hungary stock exchanges ink new deal on ETFs, listings

Deal aims to boost ETF development, dual listings, and investor access via Tabadul

Last updated: July 22, 2025 | 14:28

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Abu Dhabi Securities Exchange

Dubai: The Abu Dhabi Securities Exchange (ADX) has signed a Memorandum of Understanding (MoU) with the Budapest Stock Exchange (BSE) to enhance cooperation on capital market initiatives, including ETF development, cross-border listings, and digital market access.

As part of the MoU, the two exchanges will explore:

Joint investor events and educational seminars
Development and promotion of exchange-traded fund (ETF) products
Cross-border listings and dual trading access
Closer collaboration on ESG frameworks and market practices

The signing took place at the BSE headquarters in Budapest in the presence of Saud Hamad Al Shamsi, UAE Ambassador to Hungary.

The agreement also outlines plans to assess BSE’s potential participation in Tabadul, ADX’s digital exchange hub launched in 2022. Tabadul enables remote market access between exchanges and streamlines cross-border trading via a mutual market access model.

Both parties emphasized that the partnership supports broader efforts to strengthen UAE-Hungary financial ties and expand investor access in their respective regions.

ADX and BSE also plan to share knowledge on regulatory frameworks, product innovation, and IT capacity-building as part of the strategic collaboration.

Justin Varghese

Justin is a personal finance author and seasoned business journalist with over a decade of experience. He makes it his mission to break down complex financial topics and make them clear, relatable, and relevant—helping everyday readers navigate today’s economy with confidence. Before returning to his Middle Eastern roots, where he was born and raised, Justin worked as a Business Correspondent at Reuters, reporting on equities and economic trends across both the Middle East and Asia-Pacific regions.

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