Company Statements
AFSIC β Investing in Africa Returns to London on October 14β15, 2025
The Premier Event for Driving Investment and Business Growth Across the African Continent
AFSIC β Investing in Africa, one of the most influential investment events focused on Africa, is set to take place in London on October 14th and 15th,...
Asset Management
Legal and General Raises β¬600M Digital Infrastructure Fund
L&G has announced the first close of its new L&G Digital Infrastructure Fund ("LDIF" or "the fund"), raising around β¬600 million in commitments and related co-investments. A second close is anticipated later in the year, a major milestone in...
Asia Pacific
Oman to Launch National Payment Card for Domestic Payments
The Central Bank of Oman (CBO) confirmed that local banks will begin rolling out a national payment card developed under its direct supervision soon. The development is an expansion of Oman Net, the country's current domestic payments system.
The card,...
Banking
JPMorgan Chase Set to Launch Digital Retail Bank in Germany
JPMorgan Chase confirmed that it will launch its Chase digital retail bank in Germany during the second quarter of next year, marking a significant step into the highly competitive retail banking sector of Europeβs largest economy. The move underscores...
Asia Pacific
Ryt Bank, Worldβs First AI Powered Bank Launched in Malaysia
Malaysia has stepped into a new age of financial services with the opening of Ryt Bank, the world's first AI powered bank built by Malaysia for Malaysians, officially recognized.Β
The effort is led by YTL Group and Sea Limited and...
Middle East
Adoption of AI in UAE Finance Sector Outpaces Global Average
Artificial Intelligence (AI) is being increasingly adopted in the UAE finance sector. Sector leaders are focusing on high-impact, targeted AI solutions for accounting, treasury, financial planning, taxation, and risk management.
According to KPMG study, 49% of finance teams in the...
Asia Pacific
Standard Chartered and Ant International Launch AI FX Tool
Standard Chartered and Ant International have entered into a collaboration to roll out an AI-powered Treasury and FX management solution that integrates Ant Internationalβs Falcon Time-Series Transformer (TST) Model with Standard Charteredβs Aggregated Liquidity Engine (SCALE).
Both Standard Chartered and...
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