Abu Dhabi's Lunate-backed luxury focused ETF lists on ADX
you are currently viewing::Abu Dhabi's Lunate-backed luxury focused ETF lists on ADXJanuary 27, 2026--The listing marks the first luxury-focused ETF and the fourth thematic one on ADX
The listing marks the first luxury-focused ETF and the fourth thematic one from Lunate on the Abu Dhabi Securities Exchange (ADX). The ETF was listed following an initial offering period (IOP) during which investors subscribed to fund units. The ETF provides exposure to 32 companies with holdings including global luxury brands such as LVMH (Louis Vuitton, Dior, Fendi, TAG Heuer), Richemont (Cartier, Van Cleef & Arpels, Montblanc), Hermes, Ferrari and L’Oreal. Source: zawya.com |
January 6, 2026-The move will allow investors from around the world to invest directly in the capital market, the CMA said
Saudi Arabia plans to open its financial markets to all foreign investors from February 1, the Gulf country's market regulator said on Tuesday, as it eases rules to attract more money from abroad.
December 18, 2025-Next year will be pivotal for Saudi Arabia. The country is well placed to move beyond the favorable tailwinds of 2022-2024-when high oil prices and reform implementation facilitated the acceleration of Saudi Vision 2030-related spending-into a more challenging environment characterized by lower oil prices and rising financing needs.
December 13, 2025-The Abu Dhabi Securities Exchange (ADX) Group, one of the top 20 global exchanges by market size, has marked a major step in its global integration strategy by becoming the first exchange in the Arab world to list securities from the US.
December 8, 2025-The economy has demonstrated broad resilience to global policy changes, including US dollar and interest rate movements, and volatility surges. The impact of global shocks on the UAE financial markets and capital flows has been smaller than for GCC and EM indices, reflecting strong investors' confidence.
December 6, 2025-Despite the challenging external environment, the GCC economies have been resilient. Non-hydrocarbon activity has remained robust amid strong domestic demand supported by the reform momentum, limited spillovers from regional, as well as the modest direct impact of higher U.S. tariffs given the exemption of energy products and limited trade ties with the U.S.
December 4, 2025--World Bank's Gulf Economic Update reviews a decade of economic diversification, highlights strong momentum in recent years, and a surge in AI-driven digital transformation
Economic growth across the Gulf Cooperation Council (GCC) is gaining momentum in 2025, supported by structural reforms and rapid digital innovation.