News Centre

Goldman Sachs, Piper Sandler Top M&A Financial Advisers In GlobalData Financial Services Sector League Table For H1 2022

Date 08/08/2022

Goldman Sachs and Piper Sandler have emerged as the top mergers and acquisitions (M&A) financial advisers in the financial services sector during the first half (H1) of 2022 by value and volume, respectively, according to the latest financial advisers League Table by GlobalData, a leading data and analytics company.

Neofy Partners With Leading Payments Provider, HPS To Offer Cloud-Based Digital Cards Solution To Banks And Financial Institutions

Date 08/08/2022

Neobanks are shaking up the fintech (financial technology) industry with their innovative technologies and unique business models. Sometimes referred to as “challenger banks,” neobanks are fintech companies that offer financial services solely digitally or via a mobile app, without physical branches.

DIFC Launches First Global Family Business And Private Wealth Centre

Date 08/08/2022

• DIFC is creating a hub for global and regional family-owned businesses, UHNWIs and Private Wealth
• The initiative is in line with DIFC’s 2030 strategy objectives, which will enable DIFC to double in size and its economic contribution to Dubai’s GDP. The strategy also supports sustained economic growth and further differentiates Dubai as a global hub for leading financial institutions and businesses
• The new Centre will provide a full range of services and accreditation to businesses and advisors who meet DIFC’s standards
• Lays foundations to improve succession planning as businesses move onto future generations

Old Street Digital Announces $2.8m Seed Funding Round Led By Draper Associates - Start-Up Old Street Digital To Build A Range Of Crypto Funds For Professional Investors; Backed By Network Of Top Executives In The European Asset Management Industry

Date 08/08/2022

Old Street Digital ('OSD')  today announces the closing of a $2.8m Seed funding round led by Draper Associates. OSD is building an institutional asset manager bringing the best of active, fundamental research-driven portfolio management to crypto. The round announced today includes participation from Plassa Capital and prominent venture capital and angel investors across Europe, Asia and the U.S. as well as senior executives from the U.K. Asset Management industry.

SET Market Report For July 2022

Date 08/08/2022

Supply chain problems and a run-up in global commodity prices have caused many countries to face high inflation and numerous central banks to tighten monetary policy by announcing the acceleration of the policy rate hikes in the first seven months of 2022 with an aim to tame inflation. This could possibly lead the recovering economy after the COVID-19 pandemic into a recession. Therefore, it was apparent in July to see signs of capital moving out of oil and various commodities into risky assets whose prices have decreased considerably from end-2021.

Qatar Central Depository Company Amends The Percentage Of Foreign Ownership In Doha Bank To Become 100% Of The Capital

Date 08/08/2022

Qatar Central Securities Depository has modified the foreigners’ ownership limit of Doha Bank to be 100% of the capital , which is equal to (3,100,467,020) shares. 

HKEX Welcomes First MSCI China A 50 Connect Index Structured Products

Date 08/08/2022

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to welcome today (Monday) the listings of the first A-share structured products, MSCI China A 50 Connect Index Derivatives Warrants, further enhancing Hong Kong’s role as an offshore A-share risk management centre.

London Stock Exchange Group Plc - Purchase Of Own Shares

Date 08/08/2022

LSEG announces it has purchased the following number of its voting ordinary shares of 679/86 pence each from Goldman Sachs International ("GSI") on the London Stock Exchange pursuant to instructions issued by LSEG on 5 August 2022 as part of its share buyback programme, as announced on 5 August 2022.

SGX Securities Welcomes Lincotrade & Associates Holdings Limited To Catalist

Date 08/08/2022

SGX Securities is pleased to welcome Lincotrade & Associates Holdings Limited to Catalist under the stock code “BFT”.

Egypt President Sisi Issued A Decision Assigning Dr. Mohamed Farid As The Acting Chairman Of Egypt's Financial Regulatory Authority For One Year

Date 07/08/2022

President Abdel Fattah El Sisi issued Decree No. 353 for the year 2022 assigning Dr. Mohamed Farid Saleh as the Acting Chairman of Financial Regulatory Authority (FRA) for a period of one year, effective August 7, 2022.