BlackRock gets Abu Dhabi license to tap into region's capital markets

November 18, 2024--The US asset manager's Abu Dhabi move comes weeks it announced plans to set up its regional headquarters in Saudi Arabia
The world's biggest asset manager BlackRock Inc has obtained a commercial license in Abu Dhabi and has revealed plans to seek regulatory approval to operate in the Abu Dhabi Global Market (ADGM).

The news comes weeks after the US asset manager, with $11.4 trillion in AUM, announced its plans to set up its regional headquarters in Saudi Arabia.

BlackRock said the Abu Dhabi move will allow it to work with sovereign wealth funds, wealth managers and investment vehicles based in the UAE capital, with a focus on AI infrastructure and transition focused solutions.

Lunate Launches Boreas Solactive Quantum Computing UCITS ETF, the First Thematic ETF to List on ADX, Tracking the Solactive Developed Quantum Computing Index

September 1, 2025--Solactive is pleased to announce its first collaboration with Lunate, an Abu Dhabi-based global investment management firm, with the launch of the Boreas Solactive Quantum Computing UCITS ETF, which tracks the Solactive Developed Quantum Computing Index. The ETF will become the first thematic ETF to list on ADX (Abu Dhabi Securities Exchange), marking a significant milestone in the expansion of local investment offerings.

Mideast Stocks: Gulf bourses trade lower ahead of key Fed speech

August 20, 2025--The Qatari benchmark index slipped 0.6%
Most Gulf equities were down in early trade on Wednesday as investors braced for what U.S. Federal Reserve chair Jerome Powell will say about the path of interest rates at a key conference later in the week.