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February 14, 2021
"We will offer domestic investors a full range of world class post-trade solutions, with our direct MCDR connectivity at its core," said Kashif Darr, managing director & head of securities services. "We will also intermediate international capital flows into this strategic market, as part of our regional direct custody platform." Egypt is FABs fourth direct custody market within its Middle East network. The lender provides custody services in the UAE, Saudi Arabia, Oman, Bahrain, Lebanon and Eg...
February 14, 2021
First Abu Dhabi Bank (FAB) has obtained a custody licence in Egypt from the Financial Regulatory Authority, Egypts Capital Market regulator.
February 12, 2021
The Chinese Military Network Behind the World’s Third-Largest Cell Phone Maker Xiaomi was blacklisted by the Trump administration as a military-owned company controlled by the CCP Xiaomi, the world’s third-largest cell phone maker and China’s second-largest, denied its connections to the military after it was blacklisted by the Trump administration as a military-owned company controlled by the CCP, but a closer look at the background and connections of its founder and CEO, Lei Jun, led to...
December 17, 2020
HKEX: HKSCC Launches New Service To Facilitate Lodging Of Shareholdersâ Written Requisitions Date 17/12/2020 Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Thursday) that its wholly-owned subsidiary, Hong Kong Securities Clearing Company Limited (HKSCC), will launch a new service to make it easier for investors to exercise their shareholder rights, such as to call general meetings, by facilitating the submission of requisitions to listed Issuers. This ne...