Solactive US Internet Index used as the basis for IBI ETF trading on the Tel Aviv Stock Exchange-continued

February 7, 2018--Solactive is pleased to announce that the Solactive US Internet Index is used as the underlying index for IBI's newly-launched ETF, I.B.I.(4D) SAL Solactive US Internet, trading on the Tel Aviv Stock Exchange.
The index tracks the performance of US companies operating in the Internet sector with a minimum market capitalization of USD 500 million. These companies provide Internet-related goods or services, and are involved in activities such as network communications, Internet access, Internet infrastructure, Internet software, e-commerce, website design, web hosting, and cloud computing.

view more

Source: Solactive AG


Middle East ETP News
UAE real estate shares end lower on Monday, despite positive visa news
September 17, 2018--Shares continue downward trend despite UAE government announcing five-year visa proposals for retiring expats.
read more
Saudi Stock Exchange records weekly losses, nears correction end
September 14, 2018--The Saudi Stock Exchange (Tadawul) saw a negative performance in the second week of September, on the back of most of the market sectors.
read more
Mideast Stocks: Saudi falls to six-month low, Qatar at 16-month high
September 13, 2018--Saudi Arabia's stock market fell to a six-month low on Thursday, missing out on a wider emerging markets rebound, but Qatar continued rising to a fresh 16-month high.
read more
Mideast Stocks: Saudi market reverses some losses after last week's plunge
September 9, 2018--Gulf stock markets closed on a positive note on Sunday, reverSsing some of their losses earlier in the day.
The Saudi index in particular ended up gaining 0.6 percent, after having plunged last week on foreign investors' concerns over emerging markets volatility.
read more
Saudi Arabia's index drops early in September, stays in positive territory for 2018
September 6, 2018--The Saudi index retreated 3.3 percent in the first week of September, dropping the most compared to its peers in the Gulf.
read more
Monthly markets review: Egypt and Abu Dhabi's stock markets outperform in August
September 4, 2018--Most of the region's stock markets declined in value during August, which was a quiet month in terms of trading volumes as many markets closed for a week for the Eid Al Adha holidays.
read more
MSCI to launch tradeable index with Saudi exchange in Q4
September 4, 2018--Global index provider MSCI said on Tuesday it had signed an agreement with the Saudi Stock Exchange Co (Tadawul) to jointly launch a tradeable index later this year in a move that could spur the growth of derivatives and exchange-traded funds.
read more
The Saudi Stock Exchange (Tadawul) Launches Derivatives Market In The First Half Of 2019
September 4, 2018--The Saudi Stock Exchange (Tadawul) will introduce exchange-traded derivatives in the first half of 2019.
read more
Correction: Banking sector the dominate factor on the Qatar stock market-data
September 3, 2018--Qatar's stock market drops 0.65 percent on Monday, weighed down by banks
read more
Effective Management of Water Resources in Arab World Key to Future Growth and Stability
August 28, 2018--New report outlines risks associated with region's water challenges and the policies needed to address them.
Water scarcity in the Middle East and North Africa (MENA) region can either be a destabilizing factor or a motive that binds communities together, according to a new joint report from the United Nation's Food and Agriculture Organization (FAO) and the World Bank, with the difference determined by the policies adopted to cope with the growing challenge.
read more
IMF Staff Country Report-Saudi Arabia: Selected Issues
August 24, 2018--FISCAL FRAMEWORKS AND FISCAL ANCHORS: THE EXPERIENCES IN COMMODITY EXPORTING COUNTRIES AND IMPLICATIONS FOR SAUDI ARABIA1
The implementation of fiscal policy in Saudi Arabia is undergoing significant change, but there is a need to further deepen reforms and ingrain fiscal consolidation into a framework that reduces the reliance of fiscal policy on volatile oil revenues and sets clearer medium-term fiscal objectives.
read more
Sovereign funds pull $5.7bln from global markets in Q2
August 21, 2018--Sovereign wealth funds (SWFs) pulled $5.7 billion from stock and bond strategies managed by external asset managers in the second quarter, data from research firm eVestment showed on Tuesday, as trade tensions rocked financial markets.
read more