Middle East ETP News
you are currently viewing::GCC corporates forecast to post lower 2026 profits amid logistics cost riseJuly 23, 2026--Capital market debt issuance and capital expenditure are set to decline, according to S&P "We anticipate weaker discretionary capital expenditure and lower capital market debt issuance volumes," S&P Global Ratings credit analyst Sapna Jagtiani wrote in a report The ongoing uncertainty due to the Middle East conflict and its fallout will lead to increasingly heterogeneous effects on the creditworthiness of GCC corporate sectors. Source: zawya.com |
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.
