Middle East ETP News
you are currently viewing::BlackRock gets Abu Dhabi license to tap into region's capital marketsNovember 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 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. Source: zawya.com |
Kuwait bourse to return to debt listing and trade in 2025
July 14, 2025-The Kuwait Stock Exchange will restart the listing and trading of exchange-traded funds (ETFs), sukuk and bonds in 2025, the bourse's CEO Mohammed Saud Al-Osaimi told reporters on Sunday.
GCC: Growth on the Rise, but Smart Spending Will Shape a Thriving Future
June 19, 2025-Economic growth across the Gulf Cooperation Council (GCC) is projected to increase in the medium-term to 3.2% in 2025 and 4.50% in 2026. This growth is likely to be driven by the expected rollback of OPEC+ oil production cuts and robust expansion of non-oil sectors.
Saudi Exchange leads market losses across the GCC
June 16, 2025--Tadawul hits 20-month low
Qatar index drops 4%
Fears of a wider regional conflict
