Page 428 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)
P. 428

9/19/24, 2:29 PM              Finstreet to launch first regulated digital venue in ADGM for trading both Private and Public Securities
        financial market participants to both realise their own capital raising ambitions and participate in the
        substantial growth story of UAE-based firms.”


        Sunidhi Pasan, the Chief Executive Officer of Finstreet Limited added: "By harnessing Finstreet’s
        innovative infrastructure and deep market knowledge, we are opening up new avenues for investment

        and trading for issuers and investors both in the region and abroad.”


        For more information on Finstreet, visit www.finstreet.ae


        About Finstreet Limited:


        Finstreet Limited is a subsidiary of Rorix Holdings through International Holding Company (IHC) and
        Sirius International Holding. Finstreet Limited is a holding company based in ADGM, with a portfolio of

        the following three regulated financial subsidiaries which is establishing an end-to-end financial market
        infrastructure:


              Finstreet Global Markets Limited operates a Multilateral Trading Facility for Securities
              Finstreet Global Clearing and Settlement Limited is Providing Custody, as a Digital Settlement
              Facility and Central Securities Depository, for Securities.

              Finstreet Capital Limited operates a Private Financing Platform, Collective Investment Fund,
              Arranging Deals in Investments, Advising on Investments or Credit and Arranging Custody


        www.finstreet.ae


        About International Holding Company (IHC):


        IHC was founded in 1998 as part of an initiative to diversify and develop non-oil business sectors in the

        UAE and has grown to become the most valuable listed holding company in the Middle East with a
        market cap of AED 895 billion as of June 30, 2024. IHC endeavors to implement sustainability,
        innovation, and economic diversification initiatives across what is now one of the region's largest
        conglomerates. IHC is included in FTSE ADX 15 Index (FADX 15), representing the top 15 largest and
        most liquid companies on the ADX.



        IHC has a clear objective of enhancing its portfolio through acquisitions, strategic investments, and
        business combinations. Comprising more than 1,000 subsidiaries, IHC seeks to expand and diversify its
        holdings across a growing number of sectors, including Asset management, Healthcare, Real Estate
        and Construction, Marine and Dredging, IT and Communications, Financial Services, Food Production

        and Service, Utilities, and Services.


        With a core strategy to enhance shareholder value and achieve growth, IHC drives operational
        synergies and maximizes cost efficiencies across all verticals – it also continues to evaluate investment
        opportunities through direct ownership and entering partnerships in the UAE and abroad. As the world


      https://www.zawya.com/en/press-release/companies-news/finstreet-to-launch-first-regulated-digital-venue-in-adgm-for-trading-both-private-and-public-…  3/4
   423   424   425   426   427   428   429   430   431   432   433