Saudi Tadawul profit surges 60% on higher trading value

March 3, 2025-Saudi Tadawul Group, the owner and operator of the kingdom's stock exchange, reported a 59 percent jump in 2024 profit, as annual trading value and listing services revenues rose by 38 percent and 27 percent, respectively.

The average daily traded value reached SAR7.5 billion last year and 58 new securities were listed, taking the total to 353, the company said.

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Egypt's economic growth likely to accelerate, says bank

February 28, 2025-Economic growth in Egypt, the third-largest Arab economy, is expected to accelerate this year, driven by expansion in several sectors including transport, financial services and housing, according to a European development bank.

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Abu Dhabi Securities Exchange welcomes the listing of Chimera iBoxx US Treasury Bill ETF

February 20, 2025-Provides direct exposure to short-term US government debt, known for its low risk and stability
First ETF of its kind in the region
ADX's 16th ETF listing and first of 2025
The Abu Dhabi Securities Exchange (ADX), one of the fastest-growing exchanges in the world, announced today the listing of Chimera iBoxx US Treasury Bill, a newly launched exchange-traded fund (ETF) managed by Lunate Capital.

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