United Arab Bank (UAB) has entered into a strategic partnership with Abu Dhabi Securities Exchange (ADX) to expand access to Abu Dhabi’s capital markets.
Through this collaboration, UAB customers will be able to conveniently subscribe to upcoming Initial Public Offerings (IPOs) either via the bank’s channels or ADX’s eIPO Investor Portal, ensuring a secure, efficient, and customer-focused process.
The alliance enhances UAB’s wealth management and digital offerings by embedding investment opportunities within its ecosystem, allowing clients to participate in the UAE’s fast-growing capital markets with greater transparency and ease of access.
The agreement was formalised at ADX’s headquarters in Abu Dhabi, in the presence of Abdulla Salem Alnuaimi, Group Chief Executive Officer of ADX, and Shirish Bhide, Chief Executive Officer of UAB, alongside senior leadership from both institutions.
As part of this initiative, UAB customers will gain access to a fully integrated IPO application process directly through the bank’s mobile application. This transforms a traditionally complex procedure into a streamlined and guided experience, enabling clients to confidently engage in new market opportunities.
Shirish Bhide, Chief Executive Officer of United Arab Bank, stated, “This collaboration extends our partnership with ADX and expands our services beyond conventional banking by giving customers direct access to IPO opportunities. It reflects our focus on innovation, client empowerment, and long-term value creation. By integrating investment services into our digital platforms, we are ensuring that our customers can participate in the UAE’s thriving capital markets in a more inclusive and transparent way.”
Abdulla Salem Alnuaimi, Group Chief Executive Officer of ADX, added, “We are delighted to partner with United Arab Bank to provide investors seamless access to IPO subscriptions via our eIPO Investor Portal and the bank’s digital channels. This initiative highlights our commitment to enhancing the investor experience with cutting-edge digital solutions. Collaborating with leading institutions to broaden access to Abu Dhabi’s capital markets remains central to our strategy as we continue to diversify our products and services for both issuers and investors.”
The partnership reflects UAB’s continued commitment to digital innovation and client empowerment, reinforcing its strategy to deliver market-relevant solutions that create sustainable opportunities for growth.
