Middle East ETP News
you are currently viewing::Saudi economy shrinks for first time in three yearsJuly 30, 2026--GDP down 4.8% in second quarter
The Saudi economy has posted its first quarterly contraction since 2023, according to a government estimate issued on Thursday shortly after the International Monetary Fund praised the country’s economic "agility and resilience" in the face of hostilities. Real GDP shrank 4.8 percent year on year in April, May and June, the General Authority for Statistics (Gastat) said, driven by a 25 percent fall in oil activity. Source: agbi.com |
STARTRADER expands AI offering with 31 New US Share & ETF CFDs in Semiconductors, Optical Networking & Nuclear
July 31, 2026-STARTRADER today announced the launch of 31 new US Share CFDs and ETF CFDs, available on the trading platform from August 3 and on the STARTRADER app from August 5, spanning semiconductors, AI infrastructure, optical networking, and nuclear.
Mideast Stocks: Gulf stocks gain as Iran war de-escalation hopes outweigh attacks on Saudi oil sites
July 27, 2026--Saudi Arabia's benchmark index rises to a two-week high
Gulf equities advanced in early trade on Monday as hopes of a diplomatic off-ramp in the U.S.-Iran war boosted risk appetite across the region, with investors largely looking past fresh Houthi attacks on Saudi oil facilities.
GCC corporates forecast to post lower 2026 profits amid logistics cost rise
July 23, 2026--Capital market debt issuance and capital expenditure are set to decline, according to S&P
Profits of most of the Gulf Cooperation Council (GCC) corporates are forecast to decline by 2026-end due to higher logistics costs arising from the Middle East conflict, according to S&P Global Ratings.
ADX welcomes pioneering GCC Shariah Dividend ETF
July 23, 2026--The fund tracks high-performing, income-generating, Shariah-compliant equities across the Gulf Cooperation Council
The Abu Dhabi Securities Exchange (ADX) Group today welcomed the listing of the Chimera Solactive GCC Shariah Dividend ETF (GCCDIV), marking the fourth listing of the year.
Mideast Stocks: Most Gulf markets slip amid escalating US-Iran hostilities
July 22, 2026--Most Gulf stock markets dipped in early Wednesday trading as investors weighed the escalating Middle East conflict after U.S. forces struck Iranian military targets for an 11th consecutive night. The U.S. military said its latest strikes started late Tuesday U.S. time, or early Wednesday in Iran, and lasted about 75 minutes.
