ABU DHABI (ALETIHAD)
The Abu Dhabi Securities Exchange (ADX) Group and Al Ramz Capital have announced the winners of the first "Al Ramz Investment and Trading Competition", an initiative aimed at encouraging strategic financial planning, fostering a long-term savings and investment culture, and supporting the UAE’s Year of Family 2026 objectives by creating more informed investors, according to a statement.
The competition was designed to enhance financial literacy and strengthen participants’ investment capabilities through a competitive environment that reflects real market conditions.
Investors applied their trading strategies, knowledge and skills during the March competition, with performance measured using time-weighted return (TWR) to ensure fairness rather than portfolio size.
Participants were provided equal access to market data, reports and investment insights available on the ADX website, enabling them to develop effective strategies and refine their trading tactics.
The initiative also reflects growing interest in financial literacy and capital markets, with Al Ramz planning to hold further competitions in April and May.
The competition offered a top prize of 1 million Etihad Guest Miles, along with additional rewards for top performers.
The winners included G. Rahal, who secured first place and won 1,000,000 Etihad Guest Miles, followed by K. Basarda in second place with 500,000 miles, and A. Alqubaisi in third place with 250,000 miles.
The top prize of 1 million Etihad Guest Miles is enough for several first-class flights to destinations such as New York and London.