News Centre

BME Scaleup Approves The Incorporation Of Three New Registered Advisors

Date 02/11/2023

• With this new three additions there are already ten new Registered Advisors in the new market, which will weigh the suitability of the companies and will coordinate the incorporation process.

Non-Jordanian Ownership In Companies Listed On The Amman Stock Exchange Reached 47.4%, Of Which 36% For Institutional Investors

Date 02/11/2023

Amman Stock Exchange (ASE) revealed that the value of shares bought by non-Jordanian investors at the ASE in October 2023 was JD6.2million, representing 5.6% of the overall trading value, while the value of shares sold by them amounted to JD6.0 million.

Standard Chartered And DIFC Innovation Hub Award Top Three UAE Women Entrepreneurs At The Women In Tech Accelerator Programme - Standard Chartered Awards Intella, The Waste Lab And Wellx A Total Of USD 100,000 In Equity-Free Seed Capital

Date 02/11/2023

Standard Chartered’s fifth cohort of the Women in Tech accelerator programme, launched in partnership with DIFC Innovation Hub, has awarded a total of USD 100,000 in equity-free seed capital to the top three female-led tech startups in the UAE.

Borsa İstanbul Announces The Constituent Changes To The BIST Buyback Index For The November Of 2023

Date 02/11/2023

In accordance with the BIST Market Cap Weighted Stock Indices Methodology, BIST Buyback Index will have constituent changes below for the November 2023 (November 7, 2023-December 6, 2023).

Synechron Announces Key Promotions And New Organizational Structure To Streamline Operations And Enable Next Phase Of Growth

Date 02/11/2023

Synechron, Inc., a leading global digital transformation consulting firm focused on financial services and technology organizations, announces key leadership promotions and a reorganization aimed at enhancing operational efficiencies.

Duco Launches Pre-Configured Processes For Accelerated EMIR Refit Assurance Controls - Out-Of-The Box, Future-Proof Intersystem And Post-Reporting Control Solution To Get Ready For The Refit

Date 02/11/2023

Duco, the #1 SaaS provider of AI-powered data automation, today announced the launch of pre-configured processes as part of its EMIR assurance solution. The out-of-the-box processes provide the core data controls between trade capture, trade reporting store and the trade repository, in line with the EMIR ISO XML formatting. The solution comes with operational dashboards for improved oversight and exception management, intelligent root cause analysis suggestions, and a workflow engine to appropriately route and remediate exceptions. It only takes a few days to deploy, doesn’t require any build, and users do not need to worry about ongoing maintenance updates. For example, when the ESMA announced changes to the schema on 6 September, Duco made the updates to the processes and deployed them within a few days, thanks to its SaaS model.

Violation Of Prospectus Requirement: Avantax Invest Group Is Not Allowed To Publicly Offer The Shares In Green Technologies Group Ltd.

Date 02/11/2023

On 25 October 2023, the Financial Supervisory Authority (BaFin) prohibited Avantax Invest Group from publicly offering the shares in Green Technologies Group Ltd. in Germany.

ADX Partners With HSBC To Develop Digital Assets

Date 02/11/2023

Abu Dhabi Securities Exchange (ADX) and HSBC Bank Middle East Limited (HSBC) are working together in the first regional collaboration of its kind to develop digital fixed-income securities, paving the way for the introduction of a broader array of capital market use cases in the Middle East

DataLend: October 2023 Securities Lending Revenue Down 4% YoY to $751 Million - Sirius XM, Fisker Top Revenue-Generating Stocks For The Month

Date 02/11/2023

The global securities finance industry generated $751 million in revenue for lenders in October 2023, according to DataLend, the market data service of fintech EquiLend. The figure represents a 4% decrease from the $781 million generated in October 2022.

BNP Paribas Wealth Management Middle East – Expansion And Relocation Of Its UAE Office In DIFC, ICD Brookfield Place

Date 02/11/2023

BNP Paribas Wealth Management is pleased to announce the inauguration of its new office at ICD Brookfield Place in Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region. This move represents a new milestone in BNP Paribas Wealth Management’s journey, highlighting its continued growth and commitment to its clients.