News Centre

MarketInvoice Appoints Chairman - Giles Andrews OBE appointed Chairman Of MarketInvoice - Appointment To Support Growth Ambitions, Double Lending To £2bn

Date 20/03/2017

MarketInvoice, the world’s largest peer-to-peer invoice finance platform, has today announced the appointment of Giles Andrews as chairman of the board of directors. He will work directly with co-founders Anil Stocker and Ilya Kondrashov to drive scale in the business as well as chairing and managing the board of directors.

Kuwait’s Warba Bank Rings Market Opening Bell To Celebrate Listing Of USD 250 Million Sukuk On Nasdaq Dubai

Date 20/03/2017

• Ceremony underlines bank’s growth strategy and commitment to Islamic finance
• Listing reinforces Nasdaq Dubai’s stature as leading exchange for Sukuk at USD 46.31 billion

HKEX Enhances Shareholding Information At HKEXnews

Date 20/03/2017

Hong Kong Exchanges and Clearing Limited (HKEX) is offering new Stock Connect* shareholding information on the HKEXnews website.

ASIC: Evaluating Distributed Ledger Technology

Date 20/03/2017

ASIC has today released an information sheet on distributed ledger technology (DLT), also known as blockchain technology.

EGX & ALEXBANK Sign MOU To Launch New Initiative To Support SMEs In Egypt

Date 20/03/2017

• Omran: Supporting SMEs is one of EGX’s Priorities
• Campioni: The initiative aims to increase SMEs future expansion opportunities

The Saudi Stock Exchange Announces The Publication Of The Weekly Stock Market Ownership And Trading Activity Report By Nationality And Investor Type

Date 19/03/2017

The total value of shares traded for the week  ending 16 March 2017 amounted to SAR 16.82 billion, decreasing by 6.60% over the previous week; while total stock market capitalization reached SAR 1,624.74 billion at the end of this period, decreasing by 0.01% over the previous week.

Dubai Financial Market Officially Publishes The Final Version Of “Standard On Hedging Against Investment And Finance Risks”

Date 19/03/2017

• H.E. Essa Kazim: “DFM’s all-inclusive array of Shari’a standards support Islamic finance and investment sector and further strengthen Dubai’s successes as the capital of Islamic economy globally in line with the wise vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum”
• Dr. Hussein Hamed Hassan: “Islamic finance and Shari’a scholars’ active participation during the consultation period played a pivotal role in launching this comprehensive standard”

IMF Christine Lagarde Calls For Global Cooperation And Strong Policies To Sustain The Growth Momentum

Date 18/03/2017

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of the Group of 20 (G20) Finance Ministers and Central Bank Governors Meeting in Baden-Baden, Germany:

“Our meeting showed once again that the G20 provides a critical platform for major economies to work together within an established framework. We met at a time when growth is gaining momentum around the world and there are signs that the global economy has reached a turning point, even though uncertainties remain."

United Kingdom Parliament: David Davis MP Questioned Over Article 50 And Brexit

Date 18/03/2017

Rt Hon David Davis MP, Secretary of State for Exiting the EU, gives evidence to EU Committee as part of its ongoing scrutiny of Brexit.

BOX Regulation: Consolidated Audit Trail (“CAT”) Compliance Rule Series

Date 18/03/2017

The purpose of this Regulatory Circular is to inform BOX Participants that, on March 15, 2017, the Securities and Exchange Commission (“SEC”) approved BOX’s CAT compliance rule series which is set forth as Rule 16000 in the BOX Rulebook (SR-BOX-2017-07).