Each FADX 15 Index futures contract will be equivalent to the dirham value of the FADX 15 index
FTSE Russell
Latest in FTSE Russell
Abu Dhabi
Borouge joins top FTSE Russel indices following Abu Dhabi’s biggest IPO
Borouge’s IPO on ADX raised more than $2 billion earlier this month
Abu Dhabi
Abu Dhabi based Multiply Group added to ADX’s new benchmark index
Inclusion in the FADX 15 cements the company’s position as a major listed company in the UAE less than four months after its listing on the Abu Dhabi Securities Exchange
Abu Dhabi Securities Exchange
How Abu Dhabi’s bourse aims to attract more international investors
Abu Dhabi Securities Exchange adopts FTSE Russell’s Industry Classification Benchmark for all its listed equities
Abu Dhabi Securities Exchange
Abu Dhabi bourse partners with FTSE Russell to develop co-branded indices
Abu Dhabi Securities Exchange CEO says move is part of ADX’s wide-ranging strategy to develop a ‘dynamic exchange’
FTSE Russell
Saudi Arabia on track to outpace India at top of ETF ranking
Saudi Arabia is climbing quickly in a ranking that tracks flows into exchange-traded funds of developing countries this year
BlackRock
Saudi shares overtake Turkey as destination for US funds
The amount of money that US-based investors are pouring into Saudi Arabian equities has overtaken flows into Turkish stocks
BlackRock
US, UK investors flock to Saudi-focused funds
Exchange-traded funds in the US and the UK focused on Saudi Arabian equities are piling up new money this year
FTSE Russell
Foreigners spend record on Saudi shares as Tadawul upgrade begins
First phase of Saudi Stock Exchange’s inclusion into the FTSE Russell and S&P Dow Jones Indices starts
Abdul Wahed Al Fahim
Nasdaq Dubai launches FTSE Saudi Arabia futures trading
New move is part of a rapid expansion of Nasdaq Dubai’s equity derivatives market covering Saudi Arabia
emerging market
Record foreign buying of Saudi stocks in January
Investors from outside the country and the Gulf were net buyers of $1.17bn of Saudi-listed stocks in January
EFG Hermes
Kuwaiti stocks retreat ahead of FTSE implementation
EFG-Hermes expects $930 million in inflows to Kuwaiti stocks as a result of FTSE’s upgrade
Ali Janoudi
Foreign capital inflows expected to rise significantly in the Gulf, says UBS
UBS CIO expands coverage in wake of rising foreign investment in Middle East, particularly in Saudi Arabia
emerging market
S&P Dow Jones to classify Saudi Arabia as emerging market
S&P Dow Jones’ announcement follows similar moves from MSCI and FTSE, which collectively are expected to translate into $50 billion in inflows
emerging market
Saudi shares most expensive since 2015 as foreigners keep buying
Tadawul All Share Index is trading at 15 times estimated earnings per share for the coming year
Crown Prince Mohammed bin Salman
Saudi Arabia to attract billions following FTSE inclusion
Tadawul chief Sarah Al-Suhaimi ‘equally optimistic regarding MSCI’s decision in June
Emerging Markets
Tadawul chief ‘optimistic’ on getting FTSE emerging market tag
FTSE Russell will announce a decision on whether it will include Saudi Arabia on its list of emerging markets countries on Wednesday