| 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. |
| According to the latest edition of the Gulf Economic Update (GEU), regional growth was 1.7% in 2024 -an improvement from 0.3% in 2023. The non-hydrocarbon sector remained resilient, expanding by 3.7%--largely fueled by private consumption, investment, and structural reforms across the GCC. |
| 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. |