Dubai: Dubai Investments has renewed its agreement with xCube LLC for another year. Under this agreement, xCube will continue its role as the Liquidity Provider for Dubai Investments' listed shares.

According to Emirates News Agency, as a Liquidity Provider, xCube will provide continuous two-way quotes during trading hours, following the regulatory requirements and market rules. This initiative aims to support the orderly trading of Dubai Investments' shares and enhance their tradability on the Dubai Financial Market.

Khalid Bin Kalban, Vice Chairman and CEO of Dubai Investments, stated that the renewal signifies the company's commitment to enhancing shareholder value. He highlighted that maintaining an active liquidity provider arrangement is crucial to improving tradability, supporting market activity, and strengthening investor confidence. He expressed optimism about continuing the partnership with xCube in alignment with market standards and regulatory requirements.

Saad Chalabi, CEO of xCube, expressed satisfaction with the ongoing collaboration with Dubai Investments. He emphasized xCube's commitment to supporting liquidity and tradability on the Dubai Financial Market. By providing continuous two-way quotes, xCube aims to contribute to a more efficient and active secondary market. Chalabi noted that the renewal underscores the confidence in xCube's capabilities and its role in supporting listed companies in enhancing market engagement and investor access.