Egypt's Thndr Becomes First Remote Retail Trading Member on ADX

Egyptian investment platform Thndr has joined the Abu Dhabi Securities Exchange (ADX) as its first remote retail trading member, enabling its more than four million users to invest directly in UAE-listed companies.

Based at Abu Dhabi’s Hub71 and regulated by the ADGM’s Financial Services Regulatory Authority, Thndr operates across the UAE, Egypt, and the US, offering stocks, gold, mutual funds, and savings products. In 2024, the platform recorded $13 billion in trading value and executed 12 million trades.

“Retail investors deserve access to a grade-A investment service," said Ahmad Hammouda, Co-founder and CEO of Thndr. "This partnership gives our users the chance to invest in one of the region’s strongest-performing markets over the past five, 10 and 15 years, while also opening doors to exposure within MENA through Tabadul as well as beyond MENA.”

The addition of Thndr marks the first time a GCC exchange has admitted a remote retail trading member. ADX is the region’s second-largest exchange, with a market value close to $1 trillion, and ranks among the top 20 globally by size.