
The iShares MSCI UAE ETF's objective is to replicate the performance of an equity index focused on companies in the United Arab Emirates.
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Fifth Third Bancorp acquired a new position in shares of iShares MSCI UAE ETF (NASDAQ: UAE) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 106,337 shares of the company's stock, valued at approximately $1,983,000. Fifth Third Bancorp owned 0.72% of

UAE state oil giant ADNOC said on Wednesday it had signed a long-term energy security partnership with South Korea to expand cooperation on crude supply, emergency supply coordination and strategic crude storage.

With indications that President Donald Trump will support lifting the ban on selling F-35 Lightning II stealth strike fighters to Turkey, Israeli Prime Minister Benjamin Netanyahu has predictably expressed opposition. While a delivery of the fifth-generation combat aircraft to Turkey likely isn't imminent even if swiftly approved, Russia, meanwhile, seems to have made progress in manufacturing the first batch of 4.5-generation Su-35 Flanker fighters Iran ordered years ago.

Abu Dhabi Commercial Bank , the United Arab Emirates' third-largest lender by assets, said on Monday it has resolved a technology-related disruption that had affected certain banking services for the past week.

UAE state oil giant ADNOC launched a new liquefied natural gas marketing and trading platform on Monday, bringing the marketing activities of ADNOC Gas , international investment arm XRG and ADNOC Trading into a single commercial unit.