introduce ETFs on UAE, Saudi stocks

abdelaziz Fathi

Abu Dhabi-based broker has expanded its asset class offerings to include a new suite of Exchange-Traded Funds (ETFs) tailored for the United Arab Emirates (UAE) and Kingdom of Saudi Arabia (KSA) markets.


This expansion allows to provide investors with diverse and region-specific investment opportunities. Often promoted as cheaper and better than trading in future markets, CFDs on ETFs have become one of the popular investment vehicles for retail traders. The asset class typically tracks a stock market index and trades on an exchange so that it allows individuals to trade a basket of securities in a single transaction. It also creates the conditions for retail investors to trade the underlying asset with much better control of their exposure to risk margin.

The introduction of these ETF stocks offers investors in the UAE and KSA a convenient vehicle to access a broad spectrum of local stocks. This approach is particularly beneficial for investors looking to achieve a well-balanced and diversified investment portfolio.

In the UAE,’s ETF offering includes the iShares MSCI UAE ETF. This fund is designed to track the investment results of an index composed of blue-chip UAE stocks, such as Emirates Telecom, Emaar Properties, and Dubai Financial Market.

For the Saudi Arabian market, presents the iShares MSCI Saudi Arabia ETF. This ETF tracks the investment results of a broad-based index comprised of major Saudi Arabian stocks, including The Saudi National Bank, Saudi Telecom, and Saudi Arabian Oil. These companies are key players in the Saudi economy, offering investors a chance to tap into the growth and development of the region’s largest economy.

Madalina Rotaru, Senior Executive Officer at Key Way Markets LTD, said: “We are thrilled to introduce these new ETF’s, which we have added to our trading platform specifically for our investors in the UAE and KSA. Diversification is a cornerstone of successful investing, and we recognize the importance of offering our clients a broad spectrum of investment options. These new ETFs are carefully crafted to capture the essence of the economic developments in the UAE and KSA, providing investors with exposure to sectors poised for growth.” has recently expanded its regulatory profile in the MENA region, having received in-principle approval to conduct a full spectrum of virtual assets business in Abu Dhabi.

The license allows its parent, Key Way Markets Ltd, to bring the brand closer to clients in the Middle East, with major focus to the United Arab Emirates.

The brand, which received its first license in 2016, is currently providing services across Europe, the Middle East, South Africa, Latin America, and South-East Asia. The company’s regulatory catalogue encompasses licenses from the Cyprus Securities and Exchange Commission, Abu Dhabi Global Market Financial Services Regulatory Authority, and the Financial Sector Conduct Authority in South Africa.

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