you are currently viewing::GCC on track to see an uptick in local currency sukukApril 10, 2025-In the GCC, Saudi Arabia has been the only market ahead of the curve, having established its Saudi Riyal Local Sukuk Program in 2017. Source: zawya.com |
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.
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.
June 16, 2025--Tadawul hits 20-month low
Qatar index drops 4%
Fears of a wider regional conflict
May 30, 2025--Hong Kong and Saudi Arabia are considering allowing more cross-border financial products as the two markets seek to deepen financial ties amid rising trade uncertainties.
An exchange-traded fund tracking bonds issued by the Saudi government started trading in Hong Kong on Thursday, the first fixed-income fund listed in the territory to offer such exposure.