Abu Dhabi’s bourse has signed an agreement with the Karachi Stock Exchange to encourage cross listings of securities. The agreement “is designed to facilitate procedures of cross-listing of companies”, said Tom Healy, director-general of the Abu Dhabi Securities Market. The exchange gave no further details. Abu Dhabi’s stock market signed a cross-listing agreement with the Lahore Stock Exchange in 2006, and had also discussed cross-listings with exchanges in Tokyo, Hong Kong and Singapore.