Middle East ETP News
you are currently viewing::ASB Capital marks first year with $5.8bln AUM as it eyes ETF launchNovember 3, 2025-The firm currently manages $5.8bln in assets, reflecting the trust of a growing global client base, according to the announcement
The firm currently manages $5.8 billion in assets, reflecting the trust of a growing global client base, according to the announcement. Over its first year, ASB Capital significantly expanded its offerings, launching several new investment solutions, including the global equity fund in partnership with State Street, a Mena equity fund, a technology fund, and a sukuk fund. Source: zawya.com |
ADX supports market efficiency and liquidity with the removal of price limits on exchange-traded funds and futures contracts
July 6, 2026-Initiative supports efficient price formation and enhanced liquidity for investors
The Abu Dhabi Securities Exchange (ADX) Group today announces the removal of daily price limits for Exchange Traded Funds (ETFs) and futures contracts listed on the Exchange, reinforcing its commitment to a more efficient, liquid, and investor-responsive market. This will be in effect from 3 August 2026.
Mideast Stocks: Most Gulf markets ease on weaker oil, Fed rate-hike bets
June 25, 2026-Saudi Arabia's benchmark stock index eased 0.3%
Major stock markets in the Gulf fell in early trade on Thursday,pressured by weaker oil prices and rising bets on U.S. interest rate hikes this year.
amana Simplifies Halal Investing with Sharia-Compliant Asset Labels
June 23, 2026--amana, one of the MENA region's leading neo-brokers, has partnered with Zoya, a company that develops software to help Muslims align their faith with their finances, to introduce a seamless Shariah-compliance screening system designed to make halal investing easier, clearer, and more accessible for users across the region.
ADX welcomes Lunate's first-of-its-kind GCC Shariah-compliant ETF
June 23, 2026-The ETF tracks the Solactive GCC Shariah Dividend Index, which has an index market capitalization of $1.49 trillion
The Abu Dhabi Securities Exchange (ADX) Group welcomed on Tuesday the listing of the Chimera Solactive GCC Shariah Dividend ETF (GCCDIV), marking the fourth listing of the year.
Mideast Stocks: Most Gulf markets edge higher as Iran cites progress in peace talks
June 22, 2026--Dubai's main share index added 0.1%
Most Gulf markets inched higher on Monday after Iranian negotiators reported progress in peace talks with the United States, soothing fears that the process was faltering.
