Author
Emil Tarazi
Emil Tarazi is the co-founder of Nukoud and writes on ETFs, market structure, and capital flows across the GCC
Articles by Emil Tarazi
XRP loses momentum as ETF demand stalls and fear grips crypto markets
XRP dropped toward $1.00 on Tuesday amid weak institutional demand for U.S. spot ETFs and broader crypto market risk-off sentiment. GCC investors have limited regulated local options for XRP exposure.
Market Wrap for August 4, 2026: UAE core ETFs dominate ADX trading as UAED turnover surges past AED 11m
UAE core-equity ETFs dominated ADX trading on August 4, 2026, with UAED surging past AED 11m in turnover amid broad gains in banking, real estate, and energy stocks.
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Opinion: with price limits removed, ETFs on ADX are about to get a lot better
The Abu Dhabi Securities Exchange is removing daily price limits on ETFs effective August 3, 2026, allowing funds to track their underlying assets in real time rather than being frozen at artificial bands during volatile sessions.
What are the top 20 AI ETFs globally, and which one is listed in the GCC?
Assets in AI-focused ETFs have exceeded USD 51 billion across the top 20 funds globally. The AGIX ETF became the first top-10 AI ETF listed on a GCC exchange in April 2026.
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Four Q4 2025 Tadawul IPOs cleared for FTSE global equity index inclusion in June review
FTSE Russell's June 2026 review adds four Saudi listings from late-2025 Tadawul IPOs to the Global Equity Index Micro Cap segment.
FTSE Russell adds IPO fast-entry rule ahead of SPCX and OpenAI listings
FTSE Russell has introduced a fast-entry mechanism allowing large IPOs like SpaceX and OpenAI to join the Russell US Index Series more quickly, while easing free float and voting rights requirements for companies with founder lock-ups.
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The MSCI print ahead of Eid: AED 4.5 Billion through the Abu Dhabi close
The semi-annual MSCI index rebalance generated AED 4.5 billion in notional turnover on the Abu Dhabi exchange, with trading accelerated ahead of the Eid al-Adha holiday closure. The closing auction saw concentrated demand across constituents being added, deleted, or reweighted.
10 surprising things about the SpaceX IPO
SpaceX's S-1 filing reveals AI now accounts for 17% of revenue and is burning more cash than all other business segments combined, including a massive $15 billion annualized contract with Anthropic and plans to launch 100 gigawatts of orbital compute yearly.
SpaceX files for long-awaited IPO: a company with no comparables
SpaceX has filed for its proposed SPCX IPO on Nasdaq, integrating its Starlink connectivity business, AI infrastructure from xAI, and space operations into a single entity. The 2025 financials show $18.7 billion in revenue with Starlink generating 61% of sales.
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AI’s next bottleneck is memory, and ETF Investors are racing to price it in
For the past two years, markets focused largely on compute, the GPUs, hyperscalers, and cloud infrastructure powering large language models
Gulf markets sell off on reports of continued military action in the region
April 30 2026: Gulf equity markets retreated as reports of potential US military action against Iran triggered a broad risk-off tone across regional exchanges. Saudi Arabia's Tadawul fell 0.45%, while UAE and Qatar indices declined 1.63-1.68% on rising geopolitical risk premiums.
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The UAE Has Left OPEC. Now Murban Becomes the Trade.
The UAE's departure from OPEC and OPEC+ on May 1, 2026 liberates the world's second-largest spare oil capacity from quota constraints, positioning Murban as an independent crude benchmark for the first time.