Quube Exchange and LevelBlox Announce Proposed Merger and Capital Raise to Bring a Cross-Chain Trading and NFT Investment Token Trading Ecosystem to the Global Markets

NEW YORK–(BUSINESS WIRE/AETOSWire)– Following the successful launch of the Quube Exchange platform (quube.exchange), Quantum Warriors OU announces a strategic merger with enterprise software developer LevelBlox, Inc. (OTC: LVBX) and a capital raise and share placement that together will establish Quube Exchange as the leading quantum resistant ecosystem for the emergingContinue Reading

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Central banks integrate ESG into mainstream activities

Over 80 central banks are now members of the Network for the Greening of the Financial System ESG considerations being incorporated among traditional reserve management constraints Sustainable bond market poses challenges and opportunities for central banks Central banks are increasingly incorporating climate change and environmental, social and governance (ESG) considerationsContinue Reading

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Outlook on Africa Finance Corporation’s Rating Raised to Stable by Moody’s

NEW YORK,–(BUSINESS WIRE/AETOSWire)– Africa Finance Corporation, Africa’s leading infrastructure solutions provider, received a boost to its credit ratings outlook from Moody’s Investors Service, which assigned a “stable” outlook. The decision ratifies the second highest investment-grade ranking among African institutions for AFC as Moody’s affirmed the Corporation’s long-term issuer and seniorContinue Reading

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Axiory Global Launches a Brand-New MT5 Trading Account, and Trading Platform Leading trading solutions provider Axiory Global has introduced a brand-new trading account, MT5 Tera, to its product offering, which goes hand in hand with the addition of the MT5 trading platform. This is the third platform offered by theContinue Reading

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Arab Bank Group reports first quarter 2021 net profit of $128.3 million Arab Bank Group has consolidated the financial statements of Oman Arab Bank under Group accounts in the first quarter of 2021. Oman Arab Bank has also recently finalized the acquisition of Al Izz Islamic Bank, a full-fledged IslamicContinue Reading

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Mashreq posts AED 43 Million Net Profit for 1Q 2021

Mashreq, one of the leading financial institutions in the UAE, has today reported its financial results for the first quarter ending 31st March 2021. Key highlights: Operating Income and Net Profit on a positive trajectory Operating Income has increased by 19.7% over the previous quarter to AED 1.4 billion dueContinue Reading

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Kyriba’s Currency Impact Report Reveals North American and European Multinational Corporations Report .16 Billion in Total Quarterly FX Headwinds

SAN DIEGO–(BUSINESS WIRE/AETOSWire)— Kyriba’s Currency Impact Report (CIR), a comprehensive report detailing the impacts of foreign exchange (FX) exposures among 1,200 multinational companies based in North America and Europe, revealed negative impact from currency volatility of $6.16 billion. European companies experienced greater headwinds than their North American counterparts in the fourth quarterContinue Reading

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 Swissquote expands cryptocurrency offering

 Swissquote expands cryptocurrency offering Swissquote, Switzerland’s leading online bank is expanding its offer with nine new cryptocurrencies. In addition to the leading twelve cryptocurrencies, investors can now also trade Cardano, Filecoin, Maker, Uniswap and yearn.finance. A further four cryptocurrencies will follow at the end of the month: Aave, Algorand, CompoundContinue Reading

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First financial services company to offer instant financing in the Kingdom of Saudi Arabia Plans underway to provide Auto Finance, SMEs Finance, and credit card issuance Emkan, a financial company that provides innovative financial solutions across the Kingdom of Saudi Arabia, has celebrated its first anniversary with the launch ofContinue Reading

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Emirates NBD and Etihad Credit Insurance

Emirates NBD and Etihad Credit Insurance sign agreement to ease bank’s businesses access to trade finance Collaboration follows their MoU on improving UAE exporters’ liquidity in support of ‘Make it in the Emirates’ initiative Initative aims to boost the confidence of the financial sector to fund UAE companies towards theirContinue Reading

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