IMF-Regional Economic Outlook-Middle East and Central Asia-October 2023

October 12, 2023--Building Resilience and Fostering Sustainable Growth
Across the Middle East and Central Asia, the combined effects of global headwinds, domestic challenges, and geopolitical risks weigh on economic momentum, and the outlook is highly uncertain.

Growth is set to slow this year in the Middle East and North Africa region, driven by lower oil production, tight policy settings in emerging market and middle-income economies, the conflict in Sudan, and other country-specific factors. In the Caucasus and Central Asia, although migration, trade, and financial inflows following Russia's war in Ukraine continue to support economic activity, growth is set to moderate slightly this year.

Indxx US Infrastructure Index Licensed by KSM Mutual Funds Ltd. for an Index Tracking Fund

September 2, 2025--Indxx is pleased to announce the licensing of their Indxx US Infrastructure Index to KSM Mutual Funds Ltd. The index will serve as the underlying benchmark for KSM KTF (4A) Indxx US Infrastructure Currency Hedged (Tel Aviv: 5133434)