Saudi Tadawul profit surges 60% on higher trading value

March 3, 2025-Saudi Tadawul Group, the owner and operator of the kingdom's stock exchange, reported a 59 percent jump in 2024 profit, as annual trading value and listing services revenues rose by 38 percent and 27 percent, respectively.

Net profit was SAR622 million ($166 million) compared to SAR390 million in 2023, the company said in a bourse filing on Sunday.

The average daily traded value reached SAR7.5 billion last year and 58 new securities were listed, taking the total to 353, the company said.

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