BlackRock gets Abu Dhabi license to tap into region's capital markets

November 18, 2024--The US asset manager's Abu Dhabi move comes weeks it announced plans to set up its regional headquarters in Saudi Arabia
The world's biggest asset manager BlackRock Inc has obtained a commercial license in Abu Dhabi and has revealed plans to seek regulatory approval to operate in the Abu Dhabi Global Market (ADGM).

The news comes weeks after the US asset manager, with $11.4 trillion in AUM, announced its plans to set up its regional headquarters in Saudi Arabia.

BlackRock said the Abu Dhabi move will allow it to work with sovereign wealth funds, wealth managers and investment vehicles based in the UAE capital, with a focus on AI infrastructure and transition focused solutions.

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