Clearstream partners with Standard Chartered to back UAE domiciled funds
The post-trade services provider said that the partnership with Standard Chartered will allow full compliance, improve custodial support, and grant access for retail investors.
Tag: UAE
Euroclear and Bloomberg collaborate with UAE Central Bank on launch of M-bills
The development follows similar initiatives involving Euroclear and local market infrastructures in both China and Japan.
Apex wins full-service mandate from frontier markets fund manager Frontera Capital Group
Frontera will utilise Apex’s single-source solution with a unified point of contact across all aspects and operational demands of the fund.
Apex to provide fund administration to SHUAA Financing Opportunities Fund
Fund administrator continues to expand its business in the Middle East after recent acquisitions and mandate wins.
Sberbank gains license to open office in the United Arab Emirates
Russian bank gains regulatory approval to operate in the UAE and is awaiting final approval to open an office in Abu Dhabi.
Standard Chartered facilitates DGCX collateral expansion
Clearing members will now be able to use UK and US government treasury bills, bonds, and other approved fixed income securities as collateral.
Regulators in UAE and China strengthen ties
This is the second agreement between the two regions in quick succession.
Middle East banks in $175 billion merger
The merger will create the largest bank in the UAE region.