ADX welcomes pioneering GCC Shariah Dividend ETF
you are currently viewing::ADX welcomes pioneering GCC Shariah Dividend ETFJuly 23, 2026--The fund tracks high-performing, income-generating, Shariah-compliant equities across the Gulf Cooperation Council
Developed by Abu Dhabi-based global investment manager Lunate, this first-of-its-kind exchange-traded fund tracks high-performing, income-generating, Shariah-compliant equities across the Gulf Cooperation Council (GCC). The listing marks the 24th ETF on the ADX, further cementing the exchange's position as the most active and liquid ETF hub in the Middle East. This launch is the latest milestone in opening access to the GCC's rapid economic expansion. Source: zawya.com |
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.
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.
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.
July 14, 2026-Dubai's main share index dropped more than 1%
Major Gulf equity markets opened lower on Tuesday after Washington reinstated its naval blockade against Iran, with both nations escalating military strikes around the Strait of Hormuz, intensifying concerns over global energy supply disruptions.
July 13, 2026-Saudi Arabia's benchmark index eased 0.2%
Major stock markets in the Gulf retreated on Monday as hostilities escalated across the region and Iran asserted that it had sealed the strategically vital Strait of Hormuz, sending oil prices higher and reigniting global inflation fears.
July 8, 2026-New UAE regulatory milestone reinforces Vantage's long-term commitment to the region
Vantage Markets ("Vantage"), a global multi-asset CFD broker, today announced that it has secured its Capital Market Authority (CMA) Category 5 licence in the United Arab Emirates, marking a significant milestone in the brand's long-term growth strategy across the MENA region.
July 7, 2026-Saudi Arabia's benchmark index dipped 0.2%
Major Gulf stock markets were mixed in early trading on Tuesday as investors looked for cues from upcoming corporate earnings, softer oil prices and renewed tensions between the U.S. and Iran.
July 6, 2026-Saudi Arabia's benchmark index rose 0.2%
Major stock markets in the Gulf edged higher in early trade on Monday as investors turned their focus to corporate earnings while also assessing U.S.-Iran developments.
July 6, 2026-Initiative supports efficient price formation and enhanced liquidity for investors
The Abu Dhabi Securities Exchange (ADX) Group today announces the removal of daily price limits for Exchange Traded Funds (ETFs) and futures contracts listed on the Exchange, reinforcing its commitment to a more efficient, liquid, and investor-responsive market. This will be in effect from 3 August 2026.
June 25, 2026-Saudi Arabia's benchmark stock index eased 0.3%
Major stock markets in the Gulf fell in early trade on Thursday,pressured by weaker oil prices and rising bets on U.S. interest rate hikes this year.