The United Arab Emiratesâ green digitization vision The COVID-19 pandemic has revealed the need for sustainable digitization of the economy, and the UAE is accepting the challenge. 9490 Total views Expert Take
The United Arab Emirates is the worldâs sixth-largest oil producer and one of the richest countries in the world, with a gross domestic product per capita of above $43,000 as of 2019, according to the World Bank. As per its âVision 2021,â Iis petroleum- and natural-gas-reliant economy is committed to sustainable development in order to emerge as the Gulf Cooperation Councilâs, or GCCâs, most diversified economy. This includes the digitization of the economy, which has become a priority during the COVID-19 pandemic.Â
Unless the context otherwise requires, capitalised words and expressions used in this Announcement have the same meaning given to them in the announcement made by the Company earlier today in relation to the Issue. Important Information This Announcement is an advertisement and does not constitute a prospectus relating to the Company and does not constitute, or form part of, any offer or invitation to sell or issue, or an invitation to purchase investments of any description, or any solicitation of any offer to subscribe for, any securities in the Company in any jurisdiction nor shall it, or any part of it, or the fact of its distribution, form the basis of, or be relied on in connection with or act as any inducement to enter into, any contract therefor. This Announcement does not constitute a recommendation regarding any securities. Copies of the Prospectus are available from and the Supplementary Prospectus will shortly be available from
Chimera Capital Limited Lists An Exchange-Traded Fund Tracking The Performance Of Liquid UAE Listed Stocks On Dubai Financial Market ( Date
03/03/2021
Syed Basar Shueb: “Chimera S&P UAE UCITS ETF (A) accumulating share class gives investors further access to the increasingly appealing UAE market”
Hassan Al Serkal: “The second of its kind fund listing by Chimera Capital on DFM in six months clearly underlines the rapid expansion of this new asset class”
Seif Fikry, Chief Executive Officer (CEO) of Chimera Capital Limited, an Abu-Dhabi-based asset management firm and subsidiary of Chimera Investments LLC, today rang the Dubai Financial Market (DFM) market-opening bell to celebrate the listing of Chimera S&P UAE UCITS ETF (Bloomberg: CHAE), on the DFM under the trading symbol (CHAE).
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