Middle East ETF News for the Past Year
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.
Egypt's economic growth likely to accelerate, says bank
February 28, 2025-Economic growth in Egypt, the third-largest Arab economy, is expected to accelerate this year, driven by expansion in several sectors including transport, financial services and housing, according to a European development bank.
Abu Dhabi Securities Exchange welcomes the listing of Chimera iBoxx US Treasury Bill ETF
February 20, 2025-Provides direct exposure to short-term US government debt, known for its low risk and stability
First ETF of its kind in the region
ADX's 16th ETF listing and first of 2025
The Abu Dhabi Securities Exchange (ADX), one of the fastest-growing exchanges in the world, announced today the listing of Chimera iBoxx US Treasury Bill, a newly launched exchange-traded fund (ETF) managed by Lunate Capital.
Economic growth in MENA, on track as oil production cuts ease
January 17, 2025--Non-hydrocarbon economic activity to remain robust across the region, says Moody's
Economic growth in the Middle East and North Africa (MENA) region will accelerate to 2.9% in 2025 from an estimated 2.1% in 2024 amid partial unwinding of oil production cuts, Moody's Ratings said.
Indxx Licenses Bitcoin Reference Index to Migdal Mutual Funds Ltd. for an ETF
December 31, 2024-Indxx, a provider of indexing solutions for exchange traded funds (ETFs), is pleased to announce the licensing of the Indxx Bitcoin Reference Index to Migdal Mutual Funds Ltd. as the underlying benchmark for the MTF (4D) Indxx Bitcoin Reference Index Fund (5139886) which began trading today on the Tel Aviv Exchange.
Expect a more subdued Dubai bourse in 2025
December 25, 2024-Dubai bourse up 24.5% this year
Kuwait shows strong potential
Oil prices could slow growth
Following a stellar 2024, Dubai's index is likely to join other Gulf bourses in experiencing a more subdued 2025.
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.
IMF-Kuwait: Selected Issues
December 9, 2024-Summary
The economy remains in recession, but a recovery has begun in the non-oil sector, and inflation is moderating. Lower oil prices and production have weakened the external and fiscal balances, while financial stability has been maintained.
