ADX approves first ever cross-listing of US ETFs in the UAE
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ADX has approved the first-ever cross-listing of US ETFs in the UAE, hosting Kraneshares' China Internet ETF and Global Carbon Strategy Fund. This move facilitates easier access for regional investors to trade global ETFs in local hours and currency. Anthony Sassine, CEO of Oceane Invest, anticipates more global asset managers will bring products to the Gulf in the future.
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