| UAE non-oil economy to grow 4% in 2025, driven by a surge in investment inflows
October 18, 2024-Non-oil growth will drive the UAE's economy in 2025, with a 4% growth projection, driven by higher investment inflows, which will partly be channelled through the financial and real estate markets. |
| The 'UAE Macro Outlook' by the National Bank of Kuwait (NBK) also highlights a robust expansion in private credit in 2024 that will maintain a positive momentum next year, coupled with a looser monetary policy, low inflation and a rising population that will prove supportive of consumer activity over the forecast period. |
| 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) |
| Lunate Launches Boreas Solactive Quantum Computing UCITS ETF, the First Thematic ETF to List on ADX, Tracking the Solactive Developed Quantum Computing Index September 1, 2025--Solactive is pleased to announce its first collaboration with Lunate, an Abu Dhabi-based global investment management firm, with the launch of the Boreas Solactive Quantum Computing UCITS ETF, which tracks the Solactive Developed Quantum Computing Index. The ETF will become the first thematic ETF to list on ADX (Abu Dhabi Securities Exchange), marking a significant milestone in the expansion of local investment offerings. |