Financial Center News | 07 February 2025

WAIFC announces its "Strategies for Attracting, Developing, and Retaining Talent" report following months of research with worldwide financial centers. The publication, coordinated by Luxembourg for Finance, provides analysis on key trends, industry insights, and talent strategies. Leaders including Chair Lamia Merzouki, Treasurer Lynn Robbroeckx, and Managing Director Jochen Biedermann shared insights at a Casablanca Finance City strategic meeting.

#WAIFC #TalentReport #Finance

The rising prominence of family offices in global wealth management. ADGM explores how high-net-worth families select ecosystems for wealth growth and protection, emphasizing regulatory frameworks and investment opportunities as key decision factors.

#ADGM #FamilyOffice #WealthManagement

ForteBank successfully placed five-year eurobonds worth $400 million on Astana International Exchange. Due to strong investor demand, the coupon rate decreased from 8.25% to 7.75%. This is the first eurobond issuance by a second-tier Kazakhstani bank in 12 years, strengthening the banking sector.

#AIFC #Eurobonds #Kazakhstan #CapitalMarkets

The Africa Investment Forum secured "$29.2 billion in commitments" this year, building on $180 billion mobilized between 2019-2023. Investments target critical development sectors with contributions from public and private investors worldwide.

#CFC #AfricaInvestmentForum #Africa #Finance

The Dubai Future District Fund Oversight Committee held its annual review, examining 29 investments across Fund of Funds and Direct Investments. The direction aligns with Dubai’s mission to establish itself as a global technology and innovation hub, with attendance from H.E. Omar Sultan Al Olama.

#DIFC #DubaiFutureDistrict #Innovation #Investment

EDB Madagascar CEO Josielle Rafidi visited EDB Mauritius Deputy CEO Sachin Mohabeer to strengthen partnerships for investment and export promotion. An association of IPAs for Indian Ocean Islands was proposed to establish collaboration and share best practices. Madagascar represents 10.3% of Mauritius’s total exports.

#EDB #Mauritius #Madagascar #IndianOcean

LIFC Council, EnterpriseNGR, and TheCityUK representatives visited Nigeria’s Central Bank Governor regarding Lagos International Financial Centre establishment. The initiative aims to position Lagos as Africa’s premier international financial hub and foster an enabling environment for financial services innovation.

#EnterpriseNGR #Lagos #LIFC #Nigeria

FinanceMalta welcomed Malta’s newly appointed Ambassador to Ireland, Fiona-Jayne Formosa. Discussions centered on enhancing collaboration between Malta and Ireland in financial services, exploring investment opportunities, and fostering stronger jurisdictional ties.

#FinanceMalta #Malta #Ireland #Finance

FSA organized a workshop titled "Artificial Intelligence in the Insurance Sector" targeting authority staff and insurance company employees. The workshop addressed current AI applications in insurance, emphasizing AI’s role in risk prediction and operational efficiency improvement.

#FSAOman #AI #Insurance #DigitalTransformation

Tokyo Asset Management Forum 2025 successfully concluded with participation from industry leaders, providing opportunities to exchange insights within the asset management sector. Multiple speakers contributed to discussions on industry progress and Japan’s evolving investment landscape.

#FinCityTokyo #TokyoAMForum #AssetManagement #Japan

German Minister Jörg Kukies led a business delegation to the Gulf region to strengthen bilateral economic relations and promote Germany as an investment location. Frankfurt Main Finance President Oliver Behrens represented the financial center, with efforts formalized through memorandums of understanding.

#FrankfurtMainFinance #Germany #GulfRegion #Investment

Upcoming launch event for the "Paid in Poland" advisory report, prepared by Mastercard. Scheduled for February 28, 2025, at 9:00 AM at PKO Bank Polski’s Rotunda. The report explores Polish payment market preferences, consumer motivations, and barriers to innovative payment adoption.

#FFP #Poland #Payments #Mastercard

FSDC signed a Memorandum of Understanding with Kuwait’s Capital Markets Authority, marking a milestone in Islamic finance and investment innovation collaboration. Signed by Dr. King Au (FSDC Executive Director) and Prof Ahmad A. Al-Melhem (CMA Chairman), witnessed by senior officials from both jurisdictions.

#FSDC #HongKong #Kuwait #IslamicFinance

February 6 – We remember and honor those who lost their lives in the earthquakes of February 6, 2023. Our deepest respects and condolences to the families of those affected.

#IFC #Istanbul #Remembrance

Jersey’s international finance center continues to embrace innovation through fintech integration, sustainable finance initiatives, and regulatory enhancements. CEO Joe Moynihan explains positioning as a leader in the evolving global financial landscape.

#JerseyFinance #Innovation #SustainableFinance

Ahead of the International FinTech Forum (IFF2025) on February 24-26, Rwanda Development Board and Rwandan High Commission hosted global fintech leaders at Arsenal vs. Manchester City. High Commissioner Johnston Busingye showcased Rwanda’s fintech ecosystem and Kigali’s investment appeal.

#KIFC #IFF2025 #Rwanda #Fintech

Luxembourg’s financial center emphasizes stability as a competitive advantage amid global uncertainty. Three key priorities: maintaining Luxembourg’s global operations role, protecting future wealth, and strengthening the voice for global finance through "Ambitions 2030."

#Luxembourg #Ambitions2030 #FinancialStability

QFC CEO Yousuf Al-Jaida delivered a keynote at Hamad Bin Khalifa University’s 9th CEO Roundtable, exploring insurance as a catalyst for Qatar National Vision 2030. QFC supports financial services growth through fintech innovation and digital finance solutions in digital assets and distributed ledger technology.

#QFC #Qatar #Insurance #Fintech

TheCityUK hosted a UK-Japan business roundtable following the 3rd UK-Japan Financial Regulatory Forum in London. Senior officials from HM Treasury, JFSA, FCA, and Bank of England discussed deepening bilateral collaboration, transition finance leadership, and asset management opportunities.

#TheCityUK #UKJapan #FinancialServices

TRIFIC’s Business Development Coordinator attended the India-Kenya Business Delegation, discussing bilateral trade, investment opportunities, and sustainable growth strategies between nations, with collaboration from Vipingo Development, ARISE IIP, and Centum Investment Company.

#TRIFIC #Kenya #India #Trade