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 ...

  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 ...

Dubai / WAM Brokerage companies in the Dubai Financial Market (DFM) added 20,552 new investor accounts in the first seven months of 2022. The market also witnessed significant momentum since the announcement of the listing of 10 governmental and semi-governmental companies, including the Dubai Electricity and Water Company (Dewa), the Tecom group, and Union Coop. The number of new accounts in ...