Representatives from the Baku Stock Exchange (BSE) conducted a successful business trip to the United Arab Emirates (UAE) from October 1 to 4, 2024.

During the visit, the BSE delegation held meetings with the management of Dubai Financial Market (DFM), Dubai Economic Development Corporation (DED) and Abu Dhabi Stock Exchange (ADX). During the meetings, discussions were held on the development history and prospects of the countries' capital markets, the exchange of experience between the stock markets and directions of mutual cooperation in the near future. Integration into the stock markets of the UAE through trading platforms is one of the initiatives that serve to provide access to capital markets, expand market instruments, and increase liquidity for investors from both countries.

Additionally, the delegation of "Baku Stock Exchange" and the representatives of the management of "Emirates NBD Capital", "BHM Capital Financial Services" and "Nomura Asset Management" companies, which are the leading investment companies of the capital markets of the UAE, discussed the cooperation possibilities in the direction of issuing Islamic investments and sukuk bonds, studying market maker activities and technological achievements applied in capital markets.

The mutual cooperation between the stock markets will support the existing close economic relations between the two countries and at the same time will play an important role in the development of local companies through the capital markets.