Saudi, UAE drive GCC assets under management growth to $2.2trln
you are currently viewing::Saudi, UAE drive GCC assets under management growth to $2.2trlnAugust 14, 2025--Two countries are among major contributors to growth in mutual funds sector-BCG
The growth highlights that the region is becoming a global financial hub and that asset managers in the Gulf are poised to compete with big global players in the future, the consultancy firm said on Wednesday. Saudi Arabia and the UAE have been cited for driving the expansion of the retail mutual funds sector. Source: zawya.com |
August 5, 2026-- Net asset value drops by nearly 5% from the same period in 2025
August 5, 2026-- Saudi Arabia's benchmark index added 0.3%
Major Gulf stock markets traded mixed early on Wednesday as investors awaited signs of progress to end the Iran war.
August 3, 2026-- Dubai's main share index gained 1%, with top lender Emirates NBD rising 1.9%
Most stock markets in the Gulf rose in early trade on Monday, after U.S. President Donald Trump paused a potential strike on Iran, raising hopes for a deal and reopening of the Strait of Hormuz.
July 31, 2026-STARTRADER today announced the launch of 31 new US Share CFDs and ETF CFDs, available on the trading platform from August 3 and on the STARTRADER app from August 5, spanning semiconductors, AI infrastructure, optical networking, and nuclear.
July 30, 2026--GDP down 4.8% in second quarter
Aramco output cuts dent oil activity
IMF praises Saudi economic 'agility'
July 27, 2026--Saudi Arabia's benchmark index rises to a two-week high
Gulf equities advanced in early trade on Monday as hopes of a diplomatic off-ramp in the U.S.-Iran war boosted risk appetite across the region, with investors largely looking past fresh Houthi attacks on Saudi oil facilities.
July 23, 2026--Capital market debt issuance and capital expenditure are set to decline, according to S&P
Profits of most of the Gulf Cooperation Council (GCC) corporates are forecast to decline by 2026-end due to higher logistics costs arising from the Middle East conflict, according to S&P Global Ratings.
July 23, 2026--The fund tracks high-performing, income-generating, Shariah-compliant equities across the Gulf Cooperation Council
The Abu Dhabi Securities Exchange (ADX) Group today welcomed the listing of the Chimera Solactive GCC Shariah Dividend ETF (GCCDIV), marking the fourth listing of the year.
July 22, 2026--Most Gulf stock markets dipped in early Wednesday trading as investors weighed the escalating Middle East conflict after U.S. forces struck Iranian military targets for an 11th consecutive night. The U.S. military said its latest strikes started late Tuesday U.S. time, or early Wednesday in Iran, and lasted about 75 minutes.
July 14, 2026-Dubai's main share index dropped more than 1%
Major Gulf equity markets opened lower on Tuesday after Washington reinstated its naval blockade against Iran, with both nations escalating military strikes around the Strait of Hormuz, intensifying concerns over global energy supply disruptions.