The Gulf Cooperation Council (GCC) financial landscape continues to demonstrate robust momentum with innovative investment products and an expanding infrastructure network. Prominent investment manager Lunate has officially announced the launch of its new GCC Shariah Dividend ETF (GCCDIV), a Shariah-compliant Exchange Traded Fund structured to offer exposure to high-performing, dividend-paying enterprises adhering to Islamic finance protocols. The fund is slated for formal listing on the Abu Dhabi Securities Exchange (ADX) on June 23, 2026, opening institutional and retail pathways for ethical wealth management. This financial milestone coincides with regional infrastructure trackers reporting that the GCC construction project pipeline has surged to an aggregate value of $2 trillion, driven by comprehensive economic diversification strategies and mega-scale urban transformation blueprints.
