
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

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.

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.

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.

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.

Nasdaq rewrites its rulebook for share-class of mutual funds and the potential next wave of ETFs is coming
Nasdaq's regulatory filing enables mutual funds to issue ETF shares off the same portfolio, potentially unlocking $20 trillion in US mutual fund assets for exchange trading. This structural innovation offers tax efficiency benefits and expanded US equity access for GCC investors.

Invest in Private and Public AI Companies with AGIX, the KraneShares Artificial Intelligence and Technology Fund
Learn how to access pre-IPO AI companies like SpaceX and Anthropic through the KraneShares Artificial Intelligence and Technology Fund, breaking through institutional barriers.

What is AGIX?
AGIX is a cryptocurrency token associated with artificial intelligence and decentralized networks. This guide explains what AGIX is and how it functions in the broader crypto ecosystem.

PIF's 2026-2030 strategy signals Saudi Arabia's next phase of sovereign capital deployment
Saudi Arabia's Public Investment Fund approved its 2026-2030 strategy on April 15, shifting focus from rapid growth to sustained value creation across three portfolios targeting six domestic ecosystems including tourism, clean energy, and NEOM.

