Italy's Azimut and China Universal team up on Abu Dhabi ETF link

December 19, 2024----Azimut will launch a fund in Abu Dhabi to invest in a China Universal ETF in Shanghai and vice versa
Fidelity Investments will become the first asset manager to convert an index mutual fund into an ETF, according to industry analysts.

Italian asset manager Azimut Group and China Universal Asset Management are teaming up to launch an exchange traded fund that will be listed in Abu Dhabi as well as a second ETF in Shanghai to give Chinese and United Arab Emirates investors access to each other’s equities markets.

GCC: Growth on the Rise, but Smart Spending Will Shape a Thriving Future

June 19, 2025-Economic growth across the Gulf Cooperation Council (GCC) is projected to increase in the medium-term to 3.2% in 2025 and 4.50% in 2026. This growth is likely to be driven by the expected rollback of OPEC+ oil production cuts and robust expansion of non-oil sectors.