Mideast Stocks: Saudi bourse falls on oil; Qatar gains

November 10, 2024--Saudi Arabia's benchmark index fell 0.2% in a choppy trade
Saudi Arabia's stock market ended slightly lower on Sunday after a fall in oil prices at the end of last week, while banking shares helped lift Qatar's benchmark index.

Saudi Arabia's benchmark index <.TASI> fell 0.2% in a choppy trade, hit by a 4.6% fall in ACWA Power Company <2082.SE> and a 3.3% decline in Saudi Arabian Mining Co <1211.SE>.

Oil prices-a catalyst for the Gulf's financial markets- settled more than 2% lower on Friday as traders grew less fearful of prolonged supply disruptions from a hurricane in the U.S. Gulf of Mexico, while China's latest economic stimulus packages failed to impress some oil traders.

Lunate launches new AI Data, Power & Infrastructure ETF

November 6, 2025-This marks Lunate's 20th ETF launch, providing investors with a comprehensive suite for portfolio construction
The AI Data Power ETF enables investors to capitalize on the infrastructure driving the AI economy

ASB Capital marks first year with $5.8bln AUM as it eyes ETF launch

November 3, 2025-The firm currently manages $5.8bln in assets, reflecting the trust of a growing global client base, according to the announcement
ASB Capital, the asset management and investment banking arm of Al Salam Bank, is celebrating its one-year anniversary, reporting steady growth, new product launches, and regional expansion since its inception at the Gateway Gulf forum in November 2024.

Indxx Licenses US 2000 Profitability Index to Migdal Mutual Funds Ltd.

October 28, 2025--Indxx, a leading global provider of innovative indexing solutions for exchange-traded funds (ETFs), is pleased to announce the licensing of the Indxx US 2000 Profitability Index to Migdal Mutual Funds Ltd. The Index serves as the underlying benchmark for the MTF TR (4A) Indxx US 2000 Profitability Currency-Hedged (Ticker: 5140207), which began trading in Israel today.

PIF anchors newly listed Albilad MSCI Saudi Equity Exchange Traded Fund

October 26, 2025-The listing marks PIF's anchor investment into the first local broad market exchange traded fund (ETF), underscoring PIF's continued focus on asset management