Abu Dhabi Securities Exchange announced, in a statement that Namazin obtained a copy of it, that the percentage of disclosure of its domestic and foreign public shareholding companies amounted to 95% in terms of disclosure of Annual financial results for the year 2018.

This came within the limits of the legal time limit for disclosing the results of the listed companies, which is limited to 90 days from the date of the end of the financial period, and in this regard the results indicate Commitment of 62 local and foreign public joint stock companies in the market, which represents the total of 65 public listed companies.

It is worth noting that by comparing the annual financial statements of the listed companies from the year 2018 with the same period of the year 2017, it becomes clear that the profits of the listed companies have increased by 2.59%, as they were The highest increase was in the insurance sector, at 23.33%, followed by the banking sector, at 18.46%.

For its part, the management of the Abu Dhabi Stock Exchange confirmed the excellent relationship that exists between the market on one side and those in charge of the departments of the companies listed on the other side, and it hopes to continue Close cooperation in a manner that supports the pace of financial markets activity in the country and at the same time serves the aspirations of the public interest aimed at achieving disclosure and transparency in the financial markets.

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