Saturday 20 December 2014
 
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exchange-traded fund

Saudi approves first ETF for foreigners

Saudi Arabia has approved the Gulf Arab state's first exchange-traded fund (ETF), which will be accessible to foreigners as part of efforts to open up the biggest Arab bourse. Saudi financial firm Falcom Financial Services won approval

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Abu Dhabi exchange delays first ETF

The Abu Dhabi Securities Exchange (ADX) is delaying its first exchange-traded fund (ETF) until the second quarter due to market conditions, its chief executive said on Tuesday. The ADX had already delayed the launch of ETFs from the end of

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