Arabian Post Staff -Dubai Iraq Stock Exchange has begun live trading through Abu Dhabi Securities Exchange’s Tabadul network, giving investors in Iraq direct access to securities listed in Abu Dhabi and opening the Iraqi market to eligible investors across the cross-border platform. ADX said on Tuesday that ISX had become the eighth market to go live on Tabadul, while the wider network now comprises 11 exchanges. The […]
President Trump says the White House is considering a ban on US diesel exports “very seriously”. This is a huge threat, but behind the threat sits a problem no export ban can solve: the world can’t refine enough fuel. A barrel of crude does nothing for a truck or a cargo ship until a refinery has processed it. Oil in the ground or on a tanker counts […]
A wholly owned subsidiary of the Abu Dhabi Investment Authority is participating as a strategic investor in the $2.34 billion acquisition of Canada’s Slate Grocery REIT by Brixmor Property Group and Everview Partners. The transaction, announced by Brixmor and Everview, will divide Slate Grocery REIT’s portfolio of 115 US grocery-anchored shopping centres between Brixmor and a newly formed institutional joint venture. The ADIA subsidiary will invest alongside […]
DIFC confirmed on Monday that the publicly listed securities firm had received a licence from the DIFC Authority and authorisation from the Dubai Financial Services Authority, the independent regulator overseeing financial services conducted in or from the centre.
The office extends China Securities’ international footprint and is intended to support its engagement with regional institutions while improving links between Chinese, UAE and international capital markets. The firm has operations spanning equity and debt capital markets, investment banking, asset management and institutional services.
The move places China Securities among a substantial group of China-based financial institutions operating from Dubai’s financial free zone. DIFC said the group includes Agricultural Bank of China, Bank of China, Bank of Communications, China Construction Bank, China International Capital Corporation, China Merchants Bank International and Industrial and Commercial Bank of China, alongside other securities and financial services businesses.
China’s five largest banks together account for more than 30 per cent of total assets in DIFC’s Banking and Capital Markets sector, underscoring the scale of their existing presence within the centre. China Securities is the latest investment bank from the country to join that cluster.
DIFC said the opening followed sustained engagement with China Securities, during which the financial centre worked with the firm to explain opportunities available through Dubai, develop its understanding of the regional market and support its longer-term international expansion plans.
The Dubai base also gives the investment bank a presence within a financial centre that has been expanding rapidly. DIFC had 10,018 active registered companies at the end of the first half of 2026, crossing the 10,000 threshold for the first time. The total was 30 per cent higher year on year, after 2,318 new active registered companies were added over the preceding 12 months.
The number of regulated financial services firms in DIFC reached 1,134 during the same period, up 16 per cent from a year earlier. Banking and capital markets firms numbered 327, while the centre had 592 wealth and asset management companies and 165 insurance and reinsurance entities.
China Securities’ arrival comes as financial institutions seek to capture increasing business flows between Asia and Gulf markets. For the firm, the DIFC office provides a platform for direct interaction with Middle East clients and investors rather than relying solely on operations elsewhere in its international network.
The regulatory approvals are central to that expansion. A DIFC Authority licence establishes the company’s corporate presence in the financial centre, while DFSA authorisation covers regulated financial services carried out within or from the jurisdiction. The precise category and detailed scope of China Securities’ DFSA permissions were not specified in DIFC’s announcement.
The firm’s regional expansion also adds another securities house to a Chinese financial network in Dubai that already covers commercial banking, investment banking and capital-markets services. China International Capital Corporation and several of China’s largest commercial lenders are among the institutions with an established DIFC presence.
DIFC operates a separate legal and regulatory framework for financial businesses based in the centre, with the DFSA responsible for regulating financial services. That structure has helped attract international banks, investment managers, insurers and other financial institutions seeking a regional operating base.
The centre’s first-half figures show that growth has extended beyond banking. Wealth and asset management companies increased 35 per cent year on year to 592, while insurance and reinsurance entities rose 22 per cent to 165. Banking and capital markets businesses grew 13 per cent over the same period.
For China Securities, the immediate focus of the Dubai operation is engagement with clients, investors and financial institutions across the Middle East. DIFC said the office would also support connections between capital markets in China and the UAE and wider international markets.
Founded in 2022, Skyro has already established a strong presence in the Philippines, where it uses an AI-powered credit-scoring model designed to serve customers who may be underserved by traditional banks. Since its founding, the company has disbursed more than USD 600 million in loans, expanded its user base to more than 7 million and reached operating break-even in the first half of 2026.
Skyro plans to adapt the business model that has proven successful in the Philippines to the Malaysian market. The company enters Malaysia as the country’s consumer credit sector is undergoing significant regulatory reform, following the introduction of the Consumer Credit Act 2025 and the establishment of the Consumer Credit Commission.
Arsen Liametov, Co-founder and Co-CEO of Skyro, said:
“We use advanced AI-based scoring tools to provide convenient and intuitive credit products to people underserved by traditional banks. Our success in the Philippines gives us confidence in this approach, which we plan to adapt for other markets across Southeast Asia and beyond.”
With a population of around 35 million, Malaysia represents an important market for the expansion of digital financial services. While most of the population has access to bank accounts, consumers with limited credit histories or without verified income may find it difficult to obtain traditional bank loans. In the Philippines, Skyro uses AI and alternative data to assess creditworthiness, and it intends to apply a similar approach in Malaysia that has been adapted to local conditions and regulatory requirements.
Nasim Aliev, Co-founder and Co-CEO of Skyro, said:
“Ambitions shouldn’t have to wait. Across Southeast Asia, we see the same pattern: hardworking people are held back not by a lack of effort but by a temporary cash gap standing between them and a real opportunity. In Malaysia, we plan to develop credit products that give people a solution to this challenge while ensuring full control and transparency over their spending.”
Skyro plans to enter the Malaysian market with cash loans and intends to introduce further credit products in Malaysia over time. Skyro has also announced plans to expand into other markets, including Saudi Arabia, and to build an ecosystem of financial products.
Hashtag: #Skyro
The issuer is solely responsible for the content of this announcement.
Skyro is a high-growth, digital-first fintech group delivering scalable, responsible financial access across high-potential emerging markets. Powered by proprietary data science, AI-driven credit decisioning, and alternative-data scoring, the company combines a mobile-native experience with modular fintech architecture to serve underserved client segments at scale.
As of 2026, Skyro has a registered user base of more than 7 million and a credit portfolio exceeding USD 200 million. The company’s ambition is to become a leading full-spectrum financial services group across high-potential markets by combining capability proven at scale with a commitment to building each business around the needs of the market it serves.
https://www.skyro.io/skyro-story
By Nitya Chakraborty Brazil is scheduled to hold its much-awaited presidential elections on October 4 this year. The incumbent leftist President Inacio Lula da Silva of the Workers Party is facing off the far-right candidate, Flabio Bolsonaro, in a tightly contested poll. Latest opinion polls give Lula a slight edge. If no one gets over […]
The article Brazil Presidential Polls: Lula Faces Tough Fight Against Far-Right Bolsonaro appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
SINGAPORE – Media OutReach Newswire – 28 September 2026 – Carlsberg Asia is partnering with Grab, Southeast Asia’s everyday superapp, to launch exclusive dine-out deals with Brewmaster-curated beer pairings at 28 restaurants in Singapore. Available until 25 October, the campaign invites consumers to discover unexpected pairings and enjoy them firsthand at partner restaurants.
Guided by Carlsberg’s Brewmaster, Zoran Gojkovic, this first-of-its-kind collaboration takes diners on a seamless journey, from digital inspiration to tableside enjoyment. Diners can explore curated food-and-beer pairing experiences, unlock exclusive vouchers, and head to partner restaurants to savour the perfect pairing. Whether it’s a spicy weeknight supper with local favourites, a long weekend brunch or a premium fine dining experience, every pairing is designed to turn everyday meals into memorable beer moments.
Carlsberg’s Brewmaster Brings His Expertise to Singapore’s Boldest Tables
To bring this to life, Carlsberg’s Brewmaster, Zoran Gojkovic, travelled across Southeast Asia, trading the brewhouse for the region’s most exciting kitchens. At every stop, he sat down with chefs, restaurant partners and local food communities to explore the rich culinary traditions behind each dish and share the brewing science behind great pairings. Along the journey, Zoran drew on his decades of expertise to match every innovative dish with the perfect brew from Carlsberg’s portfolio, revealing how local food culture and brewing craftsmanship blend seamlessly at the same table.
With exclusive deals now available on Grab Dine Out, Carlsberg is redefining the modern beer occasion in a bustling city filled with vibrant local flavours. The partnership allows food lovers to discover local spots, unlock personalised deals, and explore expertly crafted beer pairings tailored to diverse tastes.
Olga Pulyaeva, General Manager, Carlsberg Singapore, said: “By bringing our premium portfolio onto Grab and tapping into its extensive ecosystem, we are connecting with digitally engaged consumers and turning online discovery into real dining experiences. Paired with Zoran’s expertise in matching our beers with the city’s diverse flavours, this partnership is taking diners from inspiration to the table in just a few taps.”
Discovering the Perfect Pairing in Singapore’s Vibrant Dining Scene
The food-and-beer pairing experience spotlights a curated selection from Carlsberg’s portfolio, including the citrusy and refreshing 1664 Blanc, the rich and velvety Connor’s Stout Porter, the refined Japanese lager Sapporo, the easy-drinking Carlsberg Smooth Draught, and the OG, well-balanced Carlsberg Danish Pilsner. Each chosen to distinctively bring out the best of the city’s culinary concepts. From contemporary Chinese to an energetic Japanese gastrobar and open-flame grill mastery, the pairings are designed to showcase how Carlsberg’s beer styles complement the chefs’ creations.
At Empress, the contemporary Chinese restaurant overlooking the Singapore River, time-honoured classics such as Empress Roast Duck and a savoury Popcorn Chicken Spicy Sichuan Style take center stage. Connor’s Stout Porter‘s robust, roasty malt perfectly echoes the lacquered, smoky skin of the duck, while Carlsberg Danish Pilsner’s crisp mouthfeel and hoppy notes balance the popcorn chicken’s rich, spicy flavours.
Over at Kinki, a vibrant Japanese fusion gastrobar on Collyer Quay, bold, modern plates like Jeju Pork Jowl and Saikoro Pepper Steak meet a buzzing atmosphere. The bright, aromatic citrus notes of 1664 Blanc cut through the richness of the pork jowl, lifting every savoury note with a bright, refreshing finish. Sapporo’s light, well-balanced finish complements the tender richness of the pepper steak.
Fireplace by Bedrock, a modern wood-fired concept spotlighting premium ingredients, turns up the heat with the deep smokiness of 6-Hour Wood-Fired Pork Belly. Its robust flavours call for the mellow and easy finish of Carlsberg Smooth Draught to reset the palate between bites.
From Grab to the Table: Turning Everyday Meals into Beer Occasions
Going from craving to table takes just a few taps. On the dedicated Carlsberg selection page in the Grab app, consumers can browse participating restaurants and explore curated food-and-beer pairing deals. Simply pre-purchase a deal in the app and then redeem it at the restaurant to enjoy the exact pairing featured in the campaign. Together, Carlsberg and Grab are making great pairings easier to find and enjoy: one deal, one pairing, one shared table at a time.
Hashtag: #Carlsberg #Grab #BeerPairing
The issuer is solely responsible for the content of this announcement.
Established in 1847 by brewer J.C. Jacobsen, the Carlsberg Group is one of the leading brewery groups in the world, with an attractive portfolio of beer and other beverage brands. With over 37.000 employees, and with a presence in more than 150 markets, the Group has a purpose of brewing for a better today and tomorrow. Doing business responsibly and sustainably supports that purpose – and drives the efforts to deliver value for shareholders and society.
Carlsberg Asia is a dynamic and diverse region comprising of 8 operating markets: Cambodia, China, Hong Kong S.A.R. (Macau and Taiwan), Laos, Malaysia, Myanmar, Singapore and Vietnam. Altogether we have 35 breweries in operation and some 13,000 employees spreading across the Asian markets. The Asia Regional Office is based in Hong Kong.
Grab is a leading superapp in Southeast Asia, operating across the deliveries, mobility and digital financial services sectors. Serving over 900 cities in eight Southeast Asian countries – Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam – Grab enables millions of people everyday to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending and insurance, all through a single app. We operate supermarkets in Malaysia under Jaya Grocer and Everrise, which enables us to bring the convenience of on-demand grocery delivery to more consumers in the country. As part of our financial services offerings, we also provide digital banking services through GXS Bank in Singapore and GXBank in Malaysia. Grab was founded in 2012 with the mission to drive Southeast Asia forward by creating economic empowerment for everyone. Grab strives to serve a triple bottom line – we aim to simultaneously deliver financial performance for our shareholders and have a positive social impact, which includes economic empowerment for millions of people in the region, while mitigating our environmental footprint.
The US 10-year Treasury yield eased to about 5.16% on Friday after touching 5.2297%, its highest level since 2007. The 30-year yield climbed as high as 5.5319%, a level last recorded in 2004, before retreating as falling oil prices offered bond markets some relief.
Japan experienced an equally striking move. The benchmark 10-year Japanese government bond yield reached 3.121% on Friday, its highest since 1996, extending a rise that has challenged assumptions about the pace at which the country can adjust to higher borrowing costs after decades of exceptionally loose monetary policy.
The surge came despite the Bank of Japan raising its policy rate this month. The central bank lifted the overnight call-rate target to around 1.25%, with the new setting taking effect from September 24, as policymakers continued withdrawing monetary accommodation amid persistent inflation pressures.
Bond prices move inversely to yields, meaning the sharp rise reflected heavy selling by investors. The moves have increased financing costs for governments and businesses and strengthened the transmission of tighter monetary policy into mortgages, corporate debt and other forms of credit.
Pressure has spread across major developed markets rather than remaining concentrated in the United States. Five of the Group of 10’s leading central banks raised rates during September, while others signalled possible further tightening or warned that inflation risks remained elevated. That broad shift has forced investors to reassess expectations that borrowing costs would decline quickly.
Energy prices have been an important driver. Oil’s advance during the Middle East conflict revived fears that higher fuel and transport costs would feed into broader inflation, reducing the appeal of fixed-income securities and increasing expectations that central banks may have to keep policy restrictive for longer.
Some of that pressure eased on Friday as oil prices fell roughly 3% amid hopes of progress towards a US-Iran truce. The retreat helped stabilise Treasuries and encouraged modest declines in some yields, but it did not erase the week’s dramatic repricing.
The scale of the turbulence was reflected in the ICE BofA MOVE Index, a widely followed gauge of US bond-market volatility, which jumped roughly 30% over the week, its biggest weekly increase since the tariff-related market turmoil of April 2025.
Federal Reserve policy expectations have also shifted. Markets have increasingly priced the possibility of further rate increases as policymakers confront inflation risks linked to energy costs and an economy that has remained resilient enough to complicate hopes for easier monetary conditions.
The Federal Reserve raised its target range by 25 basis points this month to 3.75%-4.00%. The combination of tighter policy expectations and persistent inflation concerns has pushed yields higher across the Treasury curve, increasing the government’s cost of refinancing debt and lifting benchmark rates used throughout global markets.
Japan presents a different but connected challenge. Rising domestic yields are changing the economics for investors accustomed to negligible returns at home. Higher Japanese yields can make domestic bonds more attractive relative to overseas assets, potentially affecting international capital flows at a time when US and European governments face substantial financing requirements.
The yen strengthened against the dollar on Friday as yields eased from their peaks, with the US currency falling to around 157.22 yen. Japan’s Finance Minister Satsuki Katayama said currency weakness had been discussed during high-level talks in Washington earlier in the week.
Equity markets nevertheless remained comparatively resilient. US shares advanced on Friday, supported by renewed enthusiasm around artificial intelligence companies, while the broader global equity index also rose. That divergence underscored how investors were separating strong corporate themes from the pressure building in sovereign debt markets.
European bonds have faced similar strains as investors weigh inflation alongside fiscal risks. Earlier in the week, benchmark 10-year yields in Germany, France and Britain remained elevated, while France’s borrowing premium over Germany widened amid concern about its budget outlook.
Arabian Post Staff -Dubai Sharjah Islamic Bank has completed a $500 million five-year sukuk after attracting $1.3 billion of orders, giving the Sharia-compliant lender demand equal to 2.6 times the issue size. The sukuk was priced at a final yield and periodic distribution rate of 5.85 per cent, equivalent to a spread of 105 basis points over five-year US Treasuries. The transaction was priced at par and […]
Ecobank Group has set a $2.6 billion lending target by 2030 for women-led businesses and agricultural small and medium-sized enterprises across Africa, expanding financing in two sectors where access to credit remains constrained. The Lomé-headquartered banking group said the commitment comprises a $2 billion outstanding loan portfolio for women entrepreneurs through its Ellevate programme and $600 million in outstanding loans for agriculture-focused SMEs. The targets were announced […]
By Nitya Chakraborty Iswar Chandra Vidyasagar, whom Rabindranath Tagore had hailed as the symbol of ‘ajeya paurasha, akhanda manushyatva’ meaning invincible manliness and indelible humanism, was the tallest among the social reformers and educators in 19th century Bengal. His 71-year-long life from September 26, 1820 to July 27, 1891 was the story of an unparalleled […]
The article Decoding Iswar Chandra Vidyasagar On His 206th Birth Anniversary appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Binance has opened its bStocks service to eligible users in the UAE, giving them round-the-clock access to tokenised securities linked to selected US shares and exchange-traded funds from as little as $5. The offering broadens the cryptocurrency platform’s reach beyond digital assets by allowing users to trade products tied to companies including Tesla and Nvidia. Binance said bStocks are designed to provide economic exposure to the underlying […]
Matein Khalid Any macro crystal-ball gazer must learn to swallow crushed glass – this is a lesson I learned the hard way on Wall Street. My strongest prediction is that the diesel shock I outlined in my previous AGBI column will reshape the political and economic destiny of our world this winter. Diesel has now risen to $6.50 a gallon, and the crack spread is a lethal […]
A identified Android banking trojan called RemControl is giving operators remote control over infected phones while stealing banking credentials through overlays, according to research published by cybersecurity firm Group-IB. The malware, described as a previously undocumented banking trojan operating through a malware-as-a-service model, abuses Android’s Accessibility Service after persuading victims to grant permissions. Once enabled, it can monitor screens, capture input, inject gestures and text, and place […]
By P. Sreekumaran THIRUVANANTHAPURAM: The VD Satheesan-led United Democratic Front (UDF) Government has temporarily stayed an order implementing minimum marks for classes VI-II, IX and X in the 2026-27 academic year. Implementation of minimum marks was one of the most significant and debated decisions of the previous LDF Government. The LDF had in 2024 approved […]
The article Keralam Govt Stays Implementation Of Minimum Marks In Schools appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Greenlogue/AP The UAE has warned that a global water financing shortfall of as much as $141 billion a year threatens ambitions spanning artificial intelligence, energy transition, food security and rapidly growing cities. The warning was delivered at a private roundtable at the UAE’s Permanent Mission to the United Nations in New York, where about 50 chief executives, investors and philanthropy leaders examined how to turn viable water […]
The government is considering an offering of about HK$15 billion to HK$20 billion across US dollar, Hong Kong dollar, euro and offshore renminbi tranches, according to people familiar with the planned transaction. Pricing could take place as early as Monday, after fixed-income investor meetings arranged this week.
The proposed deal would exceed the scale of Hong Kong’s previous digital green bond issues and underline its push to expand tokenised capital markets alongside conventional debt issuance. Digital bonds use distributed-ledger technology to record ownership and support parts of the issuance, settlement and post-trade process.
Hong Kong has steadily increased the size and complexity of its sovereign digital bond programme. Its third digital green bond offering, completed in November 2025, raised about HK$10 billion equivalent across four currencies and attracted subscriptions exceeding HK$130 billion, according to government figures.
That transaction was then the world’s largest digital bond sale. It also incorporated tokenised central bank money, including e-HKD and e-CNY, into the primary settlement process, while using the Hong Kong Monetary Authority’s Central Moneymarkets Unit and a digital assets platform to connect tokenised infrastructure with established settlement channels.
The planned new sale would come after the Hong Kong Mortgage Corporation completed a HK$12 billion public digital bond issuance in June, setting another global size record for a digital bond at the time. The transaction included Hong Kong dollar and offshore renminbi tranches and used the same digital assets platform, demonstrating broader public-sector adoption of tokenised issuance.
Hong Kong authorities have made digital finance a central part of their capital-market strategy. Financial Services and the Treasury Secretary Christopher Hui said last week that digital bonds issued in Hong Kong accounted for about half of the global market between 2025 and the first half of 2026.
The government has also said it intends to make digital bond issuance a regular feature rather than an occasional pilot. Its 2026 policy agenda calls for further use of digital currencies in bond settlement and for tokenised money to be tested across additional stages of the bond lifecycle, including coupon payments and redemption.
Hong Kong Monetary Authority Chief Executive Eddie Yue said at the Treasury Markets Summit on Wednesday that the city was working to encourage more bond issuance, deepen offshore renminbi liquidity and modernise market infrastructure. He called for development of a more diversified, deep and digital-native bond market.
The proposed green bond would also extend Hong Kong’s sustainable-finance programme. Proceeds from government green bonds are allocated to eligible projects under its green bond framework, including areas such as green buildings, waste management, resource recovery, energy efficiency and conservation.
By the end of 2025, around US$32 billion equivalent of green bonds had been issued under the government’s sustainable bond programme in institutional, retail and tokenised formats, according to the monetary authority. The proceeds had been allocated to more than 110 green projects.
Hong Kong’s first tokenised government green bond was issued in February 2023. A second transaction in February 2024 became the world’s first multi-currency digital bond offering, raising about HK$6 billion equivalent in Hong Kong dollars, renminbi, US dollars and euros.
The 2024 transaction also broadened access by linking the Central Moneymarkets Unit with international settlement systems Euroclear and Clearstream, allowing investors to participate through familiar market infrastructure while the bonds themselves were digitally native.
For the proposed new offering, final size, tenor, pricing and tranche allocations will depend on investor demand and market conditions. The government has not yet announced final terms, and the people familiar with the discussions said the structure remained subject to change.
Arabian Post Staff -Dubai Saudi Arabia is driving a $90 billion hotel and resort development pipeline across the Gulf and North Africa, accounting for about 110,000 of nearly 200,000 rooms planned across the region, new HVS data show. The pipeline would expand the region’s existing hotel room supply by about 27 per cent, underlining the scale of investment continuing across major tourism markets despite a more selective […]
Arabian Post Staff -Dubai Morgan Stanley has moved to contain the fallout from an accidental disclosure of a confidential investment-banking deal list, with regulators and market participants assessing the implications of the breach. The document, sent by email from Hong Kong on Tuesday, contained details of more than 100 transactions the bank was pitching, monitoring or discussing across Asia and some other regions. It included prospective initial […]
Water shortages and chronic underinvestment are emerging as direct constraints on artificial intelligence, energy systems, food production and urban expansion, sharpening pressure on governments and investors to mobilise far more capital for water infrastructure. The issue moved higher on the global investment agenda this week as about 50 chief executives, investors and philanthropy leaders met at the UAE’s Permanent Mission to the United Nations in New York […]
Economists interviewed for the series said that, as a key gateway to the world’s second-largest single market, ASEAN businesses cannot afford to overlook the historic opportunity to enter the Chinese market through Hainan. Chen Bo, Senior Research Fellow at the East Asian Institute of the National University of Singapore, said that with multiple policy incentives taking effect, the next decade represents a golden opportunity for Hainan. Xiao Saizi, a professor at the University of Nottingham Malaysia, noted that in the six months since the launch of special customs operations, the number of foreign trade companies registered in Hainan has grown rapidly. High-end manufacturing and processing industries—including chip packaging and testing, premium food processing, aviation maintenance, green energy, medical devices, and biopharmaceuticals—are among the sectors most likely to benefit.
Located at the southernmost tip of China, Hainan is within a four-hour flight of 21 Asia-Pacific countries. This natural geographic advantage makes it an important springboard for ASEAN businesses seeking to enter the Chinese market. Xiao said that Hainan received 106 million domestic and international tourist visits in 2025, making it an ideal testing ground where foreign investors can test the market at relatively low cost.
Previous surveys have shown that foreign exchange settlement is one of the key concerns for foreign investors. By the end of 2025, 11 banks in Hainan had launched EF accounts, enabling cross-border fund flows with 91 countries and regions, with total transaction volume equivalent to CNY 350.9 billion.
Several economists advised ASEAN businesses to conduct thorough internal assessments before making investment decisions. If they determine that the Chinese market will form part of their future growth strategy, they should consider entering Hainan early while the benefits of the Free Trade Port’s policies continue to unfold.
Hashtag: #FreeTradePort
The issuer is solely responsible for the content of this announcement.
Arabian Post Staff -Dubai Huspy has acquired Italian credit intermediary Integra Finance and committed $86 million to Italy, marking the UAE-founded property technology company’s entry into its fourth market and a stage in its European expansion. The Dubai-based company said the investment, equivalent to about AED315 million, will support plans to build a mortgage finance and real estate business in Italy by combining Integra’s distribution network with […]
Launched by Al Etihad Payments under the Central Bank of the UAE’s National Payment Systems Strategy, Jaywan is the UAE’s domestic card scheme, built to enhance the resilience, efficiency and sovereignty of the country’s payments infrastructure — part of the UAE’s broader vision to advance digital payments and strengthen its national financial ecosystem.
The cards were manufactured at AUSTRIACARD’s Bucharest production facility and combine the company’s secure payment card manufacturing expertise with Wio Bank’s digital-first banking platform, giving Wio customers access to payment products issued under the Jaywan scheme.
The milestone extends AUSTRIACARD’s support for financial institutions participating in the UAE’s national payments ecosystem, reflecting the company’s commitment to secure, high-quality payment solutions and marking a further step in its growth across the Gulf region — and in the shared ambition of AUSTRIACARD and Wio Bank to build a resilient, efficient, locally anchored payments landscape in the UAE.
Burak Bilge, EVP Türkiye, Middle East and Africa, AUSTRIACARD HOLDINGS, said:
“National card schemes are becoming a defining feature of payments across the Middle East and Africa and supporting them is a strategic priority for AUSTRIACARD. Adding Jaywan to the portfolio that already spans international and domestic schemes strengthens what we can offer every issuer we serve. We are pleased to take this step with Wio Bank, the UAE’s first platform bank and one of the region’s fastest-growing digital banks, and we look forward to contributing to the growth of Jaywan and the wider UAE card market.”
Prateek Vahie, Chief Commercial Officer at Wio Bank said:
“At Wio Bank, our focus is on giving customers seamless access to the payment infrastructure that matters most to them. Partnering with AUSTRIACARD to bring Jaywan-issued cards to our customers reflects our commitment to the UAE’s national payments strategy, and it’s another step in building the kind of digital-first banking experience our customers expect.”
About Wio Bank PJSC:
Wio Bank PJSC is the UAE’s leading financial platform, reimagining banking for individuals and businesses. Headquartered in Abu Dhabi and fully regulated by the Central Bank of the UAE, Wio is backed by ADQ, Alpha Dhabi Holding, e& and First Abu Dhabi Bank. By combining advanced technology with a human-centric approach, Wio delivers seamless, personalised financial solutions.
For personal banking, Wio offers smart tools and insights to help individuals and families take control of their finances, enabling them to save, spend and grow with ease. For businesses, Wio provides entrepreneurs and SMEs with a comprehensive digital platform designed to streamline operations, unlock growth opportunities and simplify financial management.
Wio is redefining the banking landscape as a market leader in Banking-as-a-Service (BaaS) and embedded finance, delivering innovative solutions that empower people, businesses, and communities with the infrastructure they need to access long-term wealth creation.
Wio Bank has been widely recognised through regional and international industry awards and rankings, including Forbes Middle East, Fast Company Middle East and Finance Middle East.
For more information, visit www.wio.io.
ABOUT AUSTRIACARD HOLDINGS AG
AUSTRIACARD HOLDINGS AG leverages over 130 years of experience in information management, printing, and communications to deliver secure and transparent experiences for its customers. They offer a comprehensive suite of products and services, including payment solutions, identification solutions, smart cards, card personalization, digitization solutions, and secure data management. ACAG employs a global workforce of 2,360 people and is publicly traded on both the Euronext Athens and Vienna Stock Exchanges under the symbol ACAG.
Contact Person: Theoni Dimopoulou, Group Communications & Marketing Manager
Tel.: T: +43 (1) 61065 – 355
E-Mail: [email protected]
Website: www.austriacard.com
Symbol: ACAG
ISIN: AT0000A325L0
Stock Exchanges: Vienna Prime Market, Euronext Athens Main Market
Hashtag: #AUSTRIACARD
The issuer is solely responsible for the content of this announcement.
SoftBank Group has begun marketing more than $11 billion of dollar and euro bonds at record prospective yields for comparable company maturities, as Masayoshi Son’s investment group turns again to debt markets to finance its expanding artificial intelligence commitments. The Tokyo-based group is seeking $10 billion through three dollar tranches and €1 billion through two euro tranches. Price discussions for the dollar bonds point to yields of […]
