{"id":649283,"date":"2017-04-27T04:06:04","date_gmt":"2017-04-27T04:06:04","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/27\/afkar-sp-uae-exchange-traded-fund-hit-a-new-volume-record-yesterday\/"},"modified":"2017-04-27T04:06:04","modified_gmt":"2017-04-27T04:06:04","slug":"afkar-sp-uae-exchange-traded-fund-hit-a-new-volume-record-yesterday","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/27\/afkar-sp-uae-exchange-traded-fund-hit-a-new-volume-record-yesterday\/","title":{"rendered":"Afkar S&P UAE exchange traded fund hit a new volume record yesterday"},"content":{"rendered":"

Our friend Seif Fikry\u2019s UCITS-compliant <\/strong>Afkar S&P UAE exchange traded fund<\/strong><\/a> hit a new <\/strong>volume record yesterday<\/strong> with 1.14 mn share changing hands. UBC was the executing broker and the transaction for clients including retail investors and family offices, Gulf News<\/a> reports. \u201cIt\u2019s a huge day for us. Today\u2019s achievement was a clear example and is a testimony of a perfect environment for ETF\u2019s in the UAE,\u201d Fikry said, noting that he\u2019s now working to bring in a second market maker. The fund is the first ETF in the Emirates launched under new UAE regulations for the industry.<\/p>\n","protected":false},"excerpt":{"rendered":"

Our friend Seif Fikry\u2019s UCITS-compliant Afkar S&P UAE exchange traded fund hit a new volume record yesterday with 1.14 mn share changing hands. UBC was the executing broker and the transaction for clients including retail investors and family offices, Gulf News reports. \u201cIt\u2019s a huge day for us. Today\u2019s achievement was a clear example and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649283","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"edd8d757-959c-4284-87ba-459f32040db4","order":"0","is_powered_by":true,"section_story_id":"a5846f1e-e218-47ca-b90a-d9a5dd8a90dc","story_type":"1","photo_url":"","photo_position":"above","related_issue":[649262],"teaser":"","voice_url":""},"yoast_head":"\nAfkar S&P UAE exchange traded fund hit a new volume record yesterday - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/27\/afkar-sp-uae-exchange-traded-fund-hit-a-new-volume-record-yesterday\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Afkar S&P UAE exchange traded fund hit a new volume record yesterday\" \/>\n<meta property=\"og:description\" content=\"Our friend Seif Fikry\u2019s UCITS-compliant Afkar S&P UAE exchange traded fund hit a new volume record yesterday with 1.14 mn share changing hands. 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The majority of managers are bullish on investments in Egypt despite the market\u2019s \u201cexposure\u201d to the economic fallout caused by covid-19, including a drop in tourism and remittances, both of\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596485,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/egypt-sees-the-light-of-the-day-alongside-uae-saudi-arabia-is-not-as-lucky\/","url_meta":{"origin":649283,"position":2},"title":"Egypt sees the light of the day alongside UAE, Saudi Arabia is not as lucky","author":"enterpriseam admin","date":"29 August 2019","format":false,"excerpt":"MENA fund managers are still bullish on Egypt, UAE: Six out of 10 MENA fund managers polled by Reuters said they plan on increasing their exposure to Egypt, and five said the same about the UAE. Both countries\u2019 markets have performed well this year: The EGX rose 9.56% in 2019,\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":650951,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/01\/seif-fikrys-afkar-wins-mena-fund-manager-award-for-afkar-sp-uae-ucits-etf\/","url_meta":{"origin":649283,"position":3},"title":"Seif Fikry\u2019s Afkar wins MENA Fund Manager award for Afkar S&P UAE UCITS ETF","author":"enterpriseam admin","date":"1 February 2017","format":false,"excerpt":"Sometimes, the good guys win: Afkar Capital has taken home a prestigious MENA Fund Manager Performance Award for its Afkar S&P UAE UCITS Exchange Traded Fund. 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