News Centre

The Nairobi Securities Exchange Plc Showcases Investment Opportunities In The Kenyan Market To Top London Investors

Date 14/05/2024

The Nairobi Securities Exchange Plc (NSE) concluded a highly successful non-deal roadshow in London, where the NSE met with a number of leading London-based institutional investors. The event was part of the NSE's  ongoing efforts to broaden the investor base for Kenya's robust equity and debt markets. SCL Capital Limited (SCL Capital) supported the NSE with arranging the week’s  long non-deal roadshow. 

ACER’s Updated Methodology Improves The Operational Security Analysis In Electricity Systems

Date 14/05/2024

On 13 May 2024, with its Decision No 07/2024, ACER amended the methodology for Coordinating Operational Security Analysis (CSAM).

Biopharmaceutical Mega M&A Deals Surge By 71% YoY During Q1 2024, Reveals GlobalData

Date 14/05/2024

Mergers and acquisitions (M&As) in the biopharmaceutical industry have rebounded with a $76.9 billion increase in total deal value seen from 2022 to 2023. In Q1 2024 alone, biopharmaceutical M&A reached a total deal value of $43.5 billion, with a 71% year-on-year (YoY) increase of mega deals that were valued at $1 billion or more compared to Q1 2023, reveals GlobalData, a leading data and analytics company.

UAE Securities And Commodities Authority And The Economic Security Center Of Dubai Organize A Second Training Course For Judiciary Personnel In Dubai

Date 14/05/2024

The Securities and Commodities Authority (SCA) and the Economic Security Center of Dubai organized a second training course on capital market development as part of efforts to put into effect the memorandum of cooperation previously signed by the two parties, as well as to advance mutual objectives to protect investor rights, ensure sound transactions, and create a credible and sustainable investment environment in the UAE.  

Mercuryo Launches On-Ramp Solution On Meteor Wallet, Opens Up Access To Growing NEAR Ecosystem

Date 14/05/2024

Global payments infrastructure provider Mercuryo has integrated seamless on-ramp solutions for Meteor Wallet, a non-custodial wallet that supports multiple blockchains, digital tokens and decentralised finance (DeFi) applications. 

Maktoum bin Mohammed Issues Decision Appointing New Members To The Dubai Financial Services Authority’s Board Of Directors

Date 14/05/2024

• His Highness: The new appointments to the DFSA’s Board of Directors reinforce the emirate's approach to consolidating its position as one of the world's leading financial and business centres, aligning with the vision of Mohammed bin Rashid

Qatar Stock Exchange And Edaa Qatar Oversee First Onshore Securities Lending & Borrowing Transaction In Qatar

Date 14/05/2024

Qatar Stock Exchange and Edaa Qatar as part of their market development efforts, oversaw the first ever onshore securities lending and borrowing transaction in Qatar. HSBC acted as custodian and agent lender for this transaction while QNBFS acted as the borrower.

Barclays Bank Goes Live On CLS’s Cross Currency Swaps Service

Date 14/05/2024

CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announced that Barclays Bank has officially gone live on its Cross Currency Swaps (CCS) service.

UAE Securities And Commodities Authority And UAE Banks Federation Explore Avenues To Strengthen The UAE’s Financial Sector

Date 14/05/2024

Her Excellency Dr. Maryam Butti Al Suwaidi, CEO of the Securities and Commodities Authority (SCA), received His Excellency Abdulaziz Al Ghurair, Chairman of the UAE Banks Federation (UBF), at the SCA’s Dubai office. The two parties explored opportunities for cooperation to pursue shared objectives and promote the regulatory and legislative environment in a move that reiterates their mutual commitment to enhancing the UAE’s attractiveness and bolstering its status as the region’s major business hub. 

InvestEngine Hits Half A Billion AUM Milestone, As Demand For ETF Investing Continues To Grow

Date 14/05/2024

• Investment platform InvestEngine has smashed through the £500 million AUM barrier, amidst continuing high demand for ETFs among retail investors.
• The platform, which launched its DIY solution in 2021, brings easy, automated investing to new and experienced investors, offering commission-free investing in more than 620 ETFs from the likes of Vanguard, iShares, Invesco and JPMorgan
• The company’s latest milestone follows its recent expansion into new product and service areas, including pensions and savings plans.