News
Latest ETF news, market updates, and industry developments.
Wio and ADX Launch Digital Loans Against ADX-Listed Stocks and ETFs
Wio Bank and Abu Dhabi Securities Exchange have launched a digital financing product allowing investors to borrow against eligible ADX-listed stocks and ETFs without selling them, keeping their investments intact while accessing liquidity.
Boursa Kuwait Moves Closer to ETF Launch After CMA Approval
Boursa Kuwait has received CMA approval to introduce exchange-traded funds, completing regulatory requirements for ETF listing and trading. The launch represents the second major product milestone under Kuwait's Market Development Program.
Egyptian Pound Rallies as Oil Shock Fears Fade
The Egyptian pound has strengthened 4% since Friday following the U.S.-Iran agreement to reopen the Strait of Hormuz, with lower oil prices improving Egypt's external position. The EGX 30 Index ETF offers investors a way to track Egypt's improving equities market amid currency stabilization.
Dubai Financial Market Crosses AED 1 Trillion Market Cap
Dubai Financial Market has crossed AED 1 trillion in market capitalization, marking a significant milestone for the regional exchange. The achievement reflects broad gains across real estate, financials, aviation, and consumer sectors.
PIF Extends Its Market-Building Strategy from ETFs to Private Credit
Saudi Arabia's Public Investment Fund is expanding its capital markets strategy by partnering with King Street Capital Management to anchor a new private credit fund focused on the MENA region, providing flexible financing alternatives outside traditional banking.
Saudi Asset Management Industry Surpasses $320 Billion
Net foreign investment in the Saudi market reached SR225.2 billion
OpenAI’s IPO Filing Signals a New Era for AI Investing
OpenAI has filed confidentially for a U.S. IPO targeting a September 2026 listing at a $852 billion to over $1 trillion valuation, marking a landmark moment for public market investors seeking direct access to frontier AI developers.
VOO Becomes the First ETF to Surpass $1 Trillion in Assets
The Vanguard S&P 500 ETF (VOO) has officially surpassed $1 trillion in assets under management, becoming the first ETF in history to reach this milestone. The achievement underscores the growing dominance of low-cost passive investing and the increasing preference for ETFs among global investors.
Anthropic Files for What Could Be a Record-Breaking AI IPO
Anthropic has confidentially filed for an IPO with the SEC, valued at $965 billion after closing a $65 billion Series H funding round. The AI company, which has scaled to $47 billion in annualized revenue, is expected to go public in 2026.
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.
AI IPO Frenzy Continues as OpenAI IPO Filing Nears
OpenAI is reportedly preparing to confidentially file for an IPO as soon as this week with Goldman Sachs and Morgan Stanley, potentially setting up one of the largest tech listings in history. The AI company could be valued near $1 trillion, reshaping investor exposure to generative AI.
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.
