Abu Dhabi University to hold 'Stock Market Competition'

Abu Dhabi University's College of Business Administration has partnered with Abu Dhabi Securities Exchange (ADX) for ADU's Stock Market Competition 2014, which will be held from April 15 to May 22. Titled "How would you invest AED 100,000?", the competition targets undergraduate business administration students from universities across the UAE, giving them the opportunity to implement innovative investment strategies and trade AED 100,000 virtual cash in ADX's online Stock Market Game. The top 5 teams with highest investment returns and unique strategies will be invited to Abu Dhabi University's campus to present their strategies to a panel of expert judges who will chose the 3 winning teams of the competition. Commenting on the distinctiveness of the competition, Dr. Nabil Ibrahim, Chancellor of Abu Dhabi University explained that its importance is reflected in the opportunity it offers business students from all over the United Arab Emirates to apply trade and investment theories they learn in their classrooms on a virtual trading platform developed by ADX. On his part Rashed Al Blooshi, Chief Executive of ADX, said: "The cooperation between ADX and Abu Dhabi University in particular, and ADX and universities and academic institutes in general reflects the commitment of the Abu Dhabi Securities Exchange to support educational initiatives and our commitment to encourage and promote professional skills of students."