you are currently viewing::Egypt's economic growth likely to accelerate, says bankFebruary 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. In the 2024-2025 fiscal year to June 30, growth may accelerate to 3.6 percent from 2.4 percent a year before, and 4.6 percent in 2025-2026, the London-based European Bank for Reconstruction and Development (ERBD) said in a report this week on economic prospects for the south and east Mediterranean region. Source: agbi.com |
September 11, 2025-Previously ChinaAMC teamed with Jabal Asset Management to launch a fund that enabled access to China equity market, making ChinaAMC China's first mutual fund company to partner with Oman government.
September 2, 2025--Indxx is pleased to announce the licensing of their Indxx US Infrastructure Index to KSM Mutual Funds Ltd. The index will serve as the underlying benchmark for KSM KTF (4A) Indxx US Infrastructure Currency Hedged (Tel Aviv: 5133434)
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.
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.
August 14, 2025--Two countries are among major contributors to growth in mutual funds sector-BCG
The value of assets under management (AUM) across the Gulf Cooperation Council (GCC) region expanded by 9% to $2.2 trillion in 2024, according to Boston Consulting Group (BCG).
August 12, 2025--Saudi Arabia's Capital Market Authority (CMA) is planning to make investment funds available to the public via the stock markets.
The new initiative, for which it has sought public feedback, allows for certain types of "financing investment funds", which are currently only available through private placements, to be listed on the Main and Parallel Markets of the Saudi Stock Exchange (Tadawul).
August 8, 2025--Binance launches Islamic investments
Mena's Muslim investors underserved
Gulf hosts 50% of global Islamic assets
Cryptocurrency exchanges including Binance are rolling out halal investment options in an effort to entice Muslim investors.
August 4, 2025-Summary
As its economic diversification advances, Saudi Arabia has shown strong resilience to external shocks. Non-oil economic activities continue to expand, inflation is contained, and unemployment has fallen to record-low levels.