ESBC, NSC sign MOU

This MOU will allow Omani investors to trade companies listed on the Abu Dhabi Securities Market through NSC while investors in the UAE can trade in Muscat through ESBC. The companies are both licensed to trade listed shares in their respective markets.

Electronic Stock Brokerage Company is the first UAE brokerage firm to enter into such an agreement with an Omani counterpart. The move is part of the company's vision to take the lead in the financial brokerage industry as a gateway to the financial markets of UAE and the Middle East. Established in 2005, ESBC provides progressive brokerage services to institutional and individual investors alike. Enriched with expertise, professional integrity and dedication, the company offers advanced, user-friendly and flexible online trading platform to its clients.

National Securities Company was established in 1997, licensed by the Muscat Securities Market and is also listed on the exchange. Their activities include brokerage, portfolio management, and advising on securities investments.

Once fully deployed, the MOU will give investors in both markets the chance to diversify their portfolio and spread risk. Both companies are driven by the desire to offer investors better returns on their investments at acceptable risk and work closely with the authorities to become the passage to other markets in the region.