Arabian Post Staff -Dubai Dubai Aerospace Enterprise has agreed to acquire Macquarie AirFinance in an all-cash transaction valued at about $7 billion, marking one of the largest aircraft leasing deals of the year and significantly expanding the Gulf-based lessor’s global footprint. The transaction, which is expected to close in the second half of 2026 subject to regulatory approvals and customary conditions, will create a combined fleet of […]
Arabian Post Staff -Dubai Dubai Electricity and Water Authority has been named Strategic Sustainability Partner for the Arab Media Summit 2026, strengthening the event’s environmental agenda as organisers position the gathering as a platform aligned with the UAE’s long-term climate commitments. Dubai Press Club, which organises the Arab Media Summit, confirmed the partnership ahead of the next edition scheduled to take place in Dubai under the patronage […]
Super Micro Computer Inc. and Abu Dhabi-based EHC Investment have unveiled plans to develop sovereign artificial intelligence data centres in the United Arab Emirates, positioning the Gulf state to expand domestic control over high-performance computing infrastructure amid accelerating demand for AI workloads. The partnership seeks to deliver modular, rapidly deployable data centre facilities designed to support advanced AI training and inference while ensuring data residency within the […]
Smartphone shipments across Africa expanded significantly in 2025, with the continent receiving 84.4 million units over the course of the year, marking a 13 per cent year-on-year increase according to market analytics firm Omdia. This performance outpaced many global markets and reflected a phase of recovery and transition as mobile users increasingly adopt smart devices over basic handsets. Fourth-quarter data showed shipments rising 14 per cent to […]
Ellah Lakes Plc, the Lagos-listed agro-industrial group, confirmed its bid to raise up to ₦235 billion through a public offer for subscription did not reach the minimum subscription threshold required to proceed with share allotment, leading to a full refund of investor funds. The offer, which targeted up to 18.8 billion ordinary shares priced at ₦12.50 each, opened in November and closed in December but failed to […]
Arabian Post Staff -Dubai Dubai-based Emirates Gold has marked 34 years in the precious metals industry by outlining plans to deepen its refining capacity, expand international partnerships and strengthen its role in shaping the region’s bullion trade by 2026. Founded in 1992, the company has grown from a local refinery into one of the Middle East’s established minting and gold refining firms, operating from Dubai Multi Commodities […]
WhatsApp is testing a scheduled messages feature in its iOS beta, allowing users to choose a specific date and time for a message to be delivered automatically, a move that reflects a deeper shift in how the platform is positioning itself for more structured, business-oriented communication. The feature, spotted in the iOS beta distributed through Apple’s TestFlight programme, enables users to draft a message and set it […]
Arabian Post Staff -Dubai Dubai Lynx is expanding its academies programme as its partnership with Publicis Groupe Middle East enters a fourth year, signalling a sustained push to cultivate creative talent across the region’s communications industry. Organisers of the annual Dubai Lynx Festival, widely regarded as the Middle East and North Africa’s leading platform for creative excellence, confirmed that Publicis Groupe Middle East will continue as the […]
Arabian Post Staff -Dubai Prediction-market operator Kalshi has taken the unusual step of punishing a YouTube creator’s staff member and a political figure for using non-public information to gain an edge on its platform, underscoring regulatory and fairness challenges in a sector growing quickly but still grappling with governance and surveillance weaknesses. Kalshi confirmed that it fined and suspended a video editor associated with MrBeast — one […]
Gold prices firmed in early trade on Thursday as a softer dollar and renewed demand for defensive assets lent support, with investors assessing signals from Washington on tariffs and monitoring diplomatic exchanges between the United States and Iran. Spot gold rose 0.4 per cent to $5,192.28 per ounce by 0500 GMT, extending gains after touching a more than three-week high earlier in the week. US gold futures […]
Arabian Post Staff -Dubai Lu Daopei Medical has joined forces with Florence Nightingale Hospital Group in Turkey to establish what the partners describe as the Middle East and North Africa’s first dedicated CAR-T stem cell therapy centre, targeting severe forms of leukaemia including paediatric cases. The initiative, backed by Investcorp through its China Pre-IPO Healthcare Fund, signals a push to expand advanced cellular immunotherapy beyond traditional hubs […]
Shell Plc has opened preliminary discussions to sell a minority interest in the North West Shelf liquefied natural gas project in Western Australia, engaging potential buyers that include a unit of Abu Dhabi National Oil Co. and Midocean Energy, according to people familiar with the matter. Talks are centred on Shell’s holding in the A$34 billion development, one of Australia’s longest-running LNG export ventures, located near Karratha […]
Abu Dhabi recorded a sharp rise in new business licences during 2025, underscoring continued momentum in the emirate’s drive to broaden its non-oil economy and attract private investment. The Abu Dhabi Registration Authority, the regulatory arm of the Abu Dhabi Department of Economic Development, said new economic licences climbed 29 per cent in 2025 compared with 2024. Renewed licences rose 20 per cent over the same period, […]
Arabian Post Staff -Dubai Abu Dhabi has appointed a syndicate of international and regional banks to lead its first sovereign bond sale of 2026, launching a dual-tranche, dollar-denominated benchmark with initial price thoughts set at 50 basis points over US Treasuries for five years and 55 basis points for 10 years. The transaction marks the emirate’s opening return to global capital markets this year and is structured […]
Artificial intelligence is triggering frustration across the video game industry as developers deploy automated tools to reduce budgets, only to face backlash from players who say quality and creativity are suffering. Studios under financial strain are increasingly turning to generative AI to assist with coding, artwork, dialogue and quality assurance. While executives argue the technology speeds up production and lowers costs, gamers have highlighted glitches, awkward scripts […]
Arabian Post Staff -Dubai Parkin Company PJSC, Dubai’s principal paid public parking operator, closed the final quarter of 2025 with its strongest earnings performance to date, propelled by an aggressive expansion of paid-for parking spaces and a strategic tariff overhaul that has reshaped the city’s urban mobility revenue landscape. The firm reported a net profit of Dh183.6m for the fourth quarter of 2025, a 53 per cent […]
Nvidia delivered record quarterly and annual revenue, beating Wall Street expectations and pushing back against claims that the artificial intelligence boom is overheating. The Silicon Valley chip designer said revenue for the fourth quarter of its fiscal year ended 26 January 2025 rose to $39.3 billion, up sharply from a year earlier and above market forecasts. Full-year revenue reached $130.5 billion, more than doubling on the previous […]
Treasury manager FG Nexus has intensified its reduction of ether holdings, selling 7,550 ETH valued at about $14 million as part of a strategic unwind that has now crystallised more than $80 million in losses on its corporate crypto portfolio. The firm’s move marks a continuation of a reversal from its earlier accumulation strategy, leaving observers scrutinising the viability of concentrated digital-asset reserves on corporate balance sheets. […]
Hong Kong will begin issuing its first licences for fiat-backed stablecoin issuers in March, advancing its ambition to position the city as a regulated global hub for digital assets and virtual finance. Financial authorities have confirmed that the new regime will allow approved companies to issue stablecoins pegged to fiat currencies under a structured supervisory framework. The move follows months of consultation led by the Hong Kong […]
Arabian Post Staff -Dubai Heathrow’s chief executive has acknowledged that Istanbul Airport is poised to overtake the London hub as Europe’s busiest airport, intensifying pressure on the UK’s long-debated expansion plans. Thomas Woldbye told journalists that capacity constraints at Heathrow, coupled with Istanbul’s rapid growth and multi-runway architecture, were shaping a shift in continental air traffic rankings that could materialise as early as 2026 or 2027. This […]
TOKYO, JAPAN – Media OutReach Newswire – 26 February 2026 – Kenanga Investment Bank Berhad (“Kenanga Group“), Malaysia’s leading independent investment bank and the Stellar Development Foundation (“Stellar”), a US-based non-profit organisation that supports the Stellar network, yesterday introduced Myrra, a dedicated token platform that leverages the Stellar blockchain to enable the tokenisation of real world-assets.
The inaugural deployment on the Myrra platform is the tokenisation of the Kenanga Money Market Fund (“KMMF“) and the Kenanga Islamic Money Market Fund (“KIMMF“) (collectively, the “Funds“) managed by Kenanga Investors Berhad (“Kenanga Investors“). The Funds represent the first tokenised unit trust funds to go live within the Malaysian market.
Through this initiative, investors can now transact blockchain-based digital representations of the Funds’ units through Myrra. Tokens are issued on a 1:1 basis, with each token representing a unit of either fund. This ensures the digital tokens function exactly like traditional fund units, while prioritising regulatory compliance, legal parity with existing unit holders, and operational integrity.
The reveal took place at the Blockchain Summit 2026, co-organised by Credit Saison and Pacific Meta as part of Japan Fintech Week.
By tokenising its Malaysian Ringgit money market funds using trusted Stellar blockchain infrastructure, Kenanga Group is bringing its money market products directly to a broader segment of Malaysian investors, enabling the purchase or selling of tokens directly on Myrra’s web portal.
“The launch of Malaysia’s first tokenised money market funds on the new Myrra platform represents a major step forward in our Group-wide commitment to driving digital innovation across the Malaysian capital markets,” said Datuk Chay Wai Leong, Group Managing Director of Kenanga Group. “By deploying on the Stellar network, we are able to contribute to the development of a digital public infrastructure that aligns with Malaysia’s vision of becoming a regional centre for blockchain-enabled finance.”
“The implementation of tokenisation is a strategic initiative to evolve our existing distribution and operational processes and capabilities through the operational efficiencies offered by Distributed Ledge Technology,” said Datuk Wira Ismitz Matthew De Alwis, Chief Executive Officer and Executive Director of Kenanga Investors. “We believe this will work towards driving investor participation without compromising regulatory standards and transparency.”
Operating for more than a decade, Stellar is one of the earliest blockchains designed specifically to support payments, asset issuance, and financial products in a compliance-forward and transparent manner. It hosts Franklin Templeton’s Benji token, a tokenised U.S. Treasury money market fund primarily used by institutional users for on-chain settlement and peer-to-peer transfers. Stellar also powers MoneyGram’s large-scale cash-to-crypto on/off-ramp across 170 countries using USDC and supports the United Nations High Commissioner for Refugees (“UNHCR“) in distributing USDC-based aid that refugees can redeem even without bank accounts.
“Tokenisation drives real-world utility and access when it is built on infrastructure that institutions and regulators trust,” said Jose Fernandez da Ponte, President and Chief Growth Officer at the Stellar Development Foundation. “Stellar was designed from the outset to support regulated financial products, increase access and provide the rails for enterprise-grade assets to move securely. This deployment by Kenanga Group is a prime example of how digital public infrastructure is scaling on Stellar making financial services more accessible, efficient, and inclusive for everyone across the globe.”
Myrra represents a milestone in addressing a tokenised asset opportunity in Malaysia, estimated at US$43 billion by 2030. It builds upon recent efforts by the Securities Commission Malaysia to advance tokenised capital market products within a framework that balances innovation with investor protection. By applying blockchain and Distributed Ledger Technology to familiar financial products, Kenanga Group is taking a pragmatic approach to financial innovation and inclusion while positioning Malaysian investors for a global transition toward faster settlement and enhanced transparency.
The KMMF aims to provide investors with a regular income stream while maintaining capital stability by investing entirely in money market instruments, debentures, and deposits. Meanwhile, the KIMMF offers similar benefits aligned with Shariah principle. Both Funds cater to investors who want stable, short-term returns with minimal volatility.
For more information about Myrra, please visit myrra.my.Hashtag: #KenangaGroup #Myrra #Tokenisation#BlockchainFinance #FinTech
The issuer is solely responsible for the content of this announcement.
Established for over 50 years, Kenanga Investment Bank Berhad (“Kenanga” or “The Group”) is a leading financial group in Malaysia, offering a wide range of services, including equity broking, investment banking, treasury, Islamic banking, listed derivatives, investment management, wealth management, structured lending, and trade financing. The Group’s digital innovations include the launch of KDi GO, a wealth-centric app, along with Kenanga Digital Investing, an A.I. robo-advisor, and game-changing products such as Rakuten Trade, Malaysia’s first fully digital stockbroking platform developed through a joint venture with Japan’s Rakuten Securities, Inc. This digital expansion also extends to the digital assets space through the Group’s investment in Kinetic DAX Sdn Bhd (formerly known as Tokenize Technology (M) Sdn Bhd).
Kenanga has garnered multiple industry accolades, including top honours at the Bursa Excellence Awards, Asia Asset Management’s Best of the Best Awards, and The Morningstar Awards, recognition for its sustainability leadership at The Edge Malaysia ESG Awards and the Euromoney Awards for Excellence, and further acknowledgements for its corporate governance and sustainability excellence at the National Corporate Governance and Sustainability Awards. As one of the highest scoring constituents of the FTSE4Good Bursa Malaysia Index and a Participant of the United Nations Global Compact, the Group continues to drive collaboration, innovation, and sustainability in the financial industry.
Disclaimer: The Replacement Master Prospectus (including all supplemental and ancillary documents thereto) and the Product Highlight Sheet (“PHS”), have been registered and/or lodged with the Securities Commission Malaysia (“SC”), who takes no responsibility for its contents and related advertisement or marketing materials, does not indicate that the SC has recommended or endorsed the product/service. The material has not been reviewed by the SC. Investors have the right to request for a copy of the RMP, PHS and other relevant product disclosure documents which are available at our office, at any authorised distributors and our corporate website before making investment decisions. If you are in doubt when considering the investment or any of the information provided, you are advised to consult a professional adviser. A Fund’s track record does not guarantee its future performance. Kenanga Investors Berhad is committed to prevent conflict of interest between its various businesses and activities and between its clients/director/shareholders and employees by having in place procedures and measures for identifying and properly managing any apparent, potential and perceived conflict of interest by making disclosures to Clients, where appropriate. Kenanga Investors Berhad 199501024358 (353563-P).
Amazon has unveiled a sweeping overhaul of Alexa, introducing selectable personality modes that allow users to tailor the assistant’s tone, humour and conversational style, marking one of the company’s most ambitious attempts to reposition its voice platform in the generative AI era. The update, rolled out as part of a broader AI upgrade to Alexa across Echo devices and select Fire TV products, enables users to choose […]
UAE and Czech Republic have stepped up efforts to widen economic cooperation across advanced manufacturing, clean energy and digital industries, with ministers from both countries reviewing a slate of joint projects targeted for rollout in 2026. Talks between UAE Minister of Economy Abdulla bin Touq Al Marri and Czech Minister of Industry and Trade Jozef Síkela focused on expanding collaboration in sectors described as central to the […]
By Saifur Rahman UAE’s leading telecom operator Etisalat & (e&) has reported a 33.6 per cent jump in net profit to Dh14.4 billion (US3.92 billion) in 2025, compared to Dh10.8 billion (US$2.94 billion) recorded in 2024 with revenue growing at 23.1 per cent to Dh72.9 billion (US$19.86 billion), compared to Dh59.2 billion (US$16.13 billion) in the previous year. Its Consolidated Earnings before Interest, Tax, Debt and Amortisation […]
