Middle East ETF News
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 |
| Inflation-adjusted real GDP growth for the region's hydrocarbon exporters will surge to 3.5% this year from the 1.9% forecast for 2024, supported by Saudi Arabia, the UAE, Iraq, Kuwait, and Oman who have started to reverse some of their oil production cuts implemented in 2023, said Alexander Perjessy, Vice President-Senior Credit Officer at Moody's. |
Indxx Licenses Bitcoin Reference Index to Migdal Mutual Funds Ltd. for an ETFDecember 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 2025December 25, 2024-Dubai bourse up 24.5% this year |