Recent Posts

UAE President, Romanian PM discuss ways to enhance ties

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Monday received a phone call from Nicolae Ciucă, Prime Minister of Romania, during which they discussed cooperation relations between the UAE and Romania, and ways of enhancing and developing them in various fields.They also explored joint cooperation, especially in economic, investment and developmental fields, to ...

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Gross banks’ assets in UAE hit AED3,442.7b

  Abu Dhabi / WAM The central bank of the UAE (CBUAE) has announced that the gross banks’ assets, including bankers’ acceptances, rose to AED3,442.7 billion at the end of May 2022, an increase of 2.9%, compared to AED3,344.8 billion at the end of April 2022. In its report on the monetary & banking developments for May 2022, CBUAE clarified ...

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Chimera Capital launches new exchange-traded fund on ADX

  ABU DHABI / WAM Chimera Capital, an Abu-Dhabi-based investment management firm and subsidiary of Chimera Investment, announced on Monday the launch of the Chimera S&P Turkey Shariah ETF (Bloomberg: CHTRSHIN). The fund is a physical, in-kind, liquid and fully fungible exchange-traded fund (ETF), and will track the performance of Turkey-listed, Shariah-compliant securities. The Chimera S&P Turkey Shariah ETF, the ...

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