Financial Center News #112

We support The World Federation of Exchanges' call to revitalize public markets as a global imperative for growth, as stated in its Open Letter as of July 17.

Our members, international financial centers and hubs of the global financial industry, have a strong interest in robust and vibrant public markets. They have a core function that is crucial for the success and prosperity of financial centers.

We take the five measures suggested by The World Federation of Exchanges seriously and will discuss them with our members at both the global and regional levels.

📲Read the full document: https://lnkd.in/egH9GmJ7

🎓 Congratulations to the Top 3 Finalists of the #WAIFC Young Academic Award 2025 📈

We are proud to announce the three exceptional research papers selected for this year's WAIFC Young Academic Award. These scholars will present their work at the upcoming WAIFC Annual General Meeting in Frankfurt 🇩🇪, an amazing platform for global dialogue and innovation in financial policy and sustainability.

Wilson WAN (Hong Kong University of Science and Technology) Paper: Greenwashing risks in the corporate climate bond markets: Expenditure-based measurement, and its implications for financial market stability Wilson explores how climate bond expenditures can be used to detect greenwashing and assesses the risks it poses to market stability. He brings experience from the Hong Kong Monetary Authority and a strong background in climate finance.

Vivi Yuwei LIAO (Hong Kong University of Science and Technology) Paper: Adaptation Finance for Emerging Markets Vivi's research focuses on how financial systems can better support climate adaptation efforts in emerging economies, a critical issue for resilience and equity in global finance.

Prakriti Chahar (Symbiosis School of Banking and Finance, Pune, India), with co-authors Dr. Deepa Pillai, Dr. Neha Parashar, and Apoorva Joshi Paper: Do International Financial Centres Enable Circular Economy Investment? Firm-Level Evidence from BRICS Economies This paper provides key insights into how IFCs are facilitating circular economy investments, a timely look at sustainability from a macro and firm-level perspective.

👏 A big round of applause to all the finalists for their contribution to building a more sustainable and inclusive financial ecosystem!

📚 Read more about their work here: https://lnkd.in/eRrdPFZC

We're proud to have been recognized by KPMG with the Appreciation of Strategic Partnership Award, an honor that reflects a shared commitment to building an agile Emirati workforce.

Since 2019, our collaboration with KPMG has helped more than 300 UAE Nationals take their first steps into the private sector, joining one of the country's leading professional services firms and growing into impactful careers.

At ADGM Academy, we believe partnerships like these are essential to nurturing talent, equipping individuals with the tools to thrive, and ensuring long-term, sustainable growth for the nation.

Thank you to our colleagues at KPMG. We're proud of the journey so far and excited for what's ahead. https://lnkd.in/d355zhpi

Astana Finance Days 2025 ❤️🚀

This year, Astana Finance Days 2025 will focus on three core themes: financial capital, infrastructure capital, and institutional capital. These tracks reflect the essence of sustainable development — financial capital drives progress, infrastructure capital lays the foundation for the future, and institutional capital builds trust and stability.

⚡️ 5,000+ participants – leading experts, investors, and reformers 📊 Representing over 70 countries 💥 In the heart of Eurasia — where capital shapes the future

💬 Join us at Astana Finance Days 2025 and be part of the conversation shaping tomorrow.

Register here: astanafindays.org

Deepening Financial Bridges: Busan 🇰🇷 x China 🇨🇳

President Myongho Rhee of the Busan Finance Center convened with Consul General Chen Ribiao of the Consulate General of China in Busan, joined by senior diplomats and representatives from #ICBC Korea.

The conversation centered on strengthening financial ties and expanding Chinese financial institutions' presence in Busan. From ICBC's local insights to broader discussions on cross-border cooperation, the meeting underscored shared ambitions for deeper economic engagement.

The CFC community is growing!

We are excited to welcome the latest members joining our dynamic ecosystem: Techso group, Merck Maroc, A.P.Moller and Mint hr Capital

This expansion reflects the continuous development of a vibrant community that brings together expertise, innovation, and ambition.

We wish them great success and warmly welcome them to the CFC community.

Hut 8, an integrated energy infrastructure platform, has chosen #DIFC as its hub for regional growth.

Expanding into Dubai, Hut 8 is tapping into #DIFC's thriving innovation ecosystem to support the future of digital infrastructure and blockchain technologies across the MEASA region.

Know more: https://lnkd.in/dy6SG-gw

[Qair launches Rs 6.7 billion solar projects in Mauritius]

On July 14, 2025, Mr. Mahen Kundasamy, CEO of the Economic Development Board (EDB) of Mauritius, held a follow-up meeting with Mr. Olivier Gaering, Regional Director Indian Ocean of Qair Mauritius. As a leading independent power producer specializing in renewable energy, Qair has been a key player in Mauritius since 2008, notably responsible for establishing Mauritius's first wind energy facility.

🌐Learn more - https://lnkd.in/dzS22Mdt

The meeting focused on the progress of Qair's innovative STOR'SUN projects facilitated by the EDB. These hybrid plants integrate photovoltaic panels (PV) with battery energy storage systems (BESS) to provide firm and reliable renewable energy supply to the grid.

This collaboration between Qair Mauritius and the EDB exemplifies the powerful synergy between government support and private sector innovation in driving sustainable development. Both parties reiterated their commitment to fostering an environment conducive to further investments in renewable energy, ensuring a cleaner, more secure energy future for Mauritius.

🚨 Attention FinanceMalta Members!

The Call for Expression of Interest is now open for the Japan Mission 2025, happening between 25 September and 2 October across Osaka and Tokyo!

📅 Deadline to submit your Expression of Interest: 25 July 2025

Don't miss out! Click the link for more details and to apply: https://lnkd.in/eHxpiV7c

🇴🇲 From Oman to the world… a story told with pride

🏆 "Dhamani" earns international recognition at the WSIS+20 Forum

📉 US dollar under pressure – confidence dwindles, but no global change of power in sight

The DVFA monthly question for July shows a remarkably differentiated picture:

Despite growing geopolitical uncertainties and erratic political decisions in the USA, the investment professionals of the DVFA do not expect a system change in the international financial structure.

🔍 71% think the U.S. dollar is overvalued in the long term 📉 60% no longer see US government bonds as a "safe investment" 📊 68% expect a moderate loss of importance for the USA ❗ Only 13% believe that the global role of the US will not change ⚖️ And the MSCI World, with a US weighting of over 66% (68%), is no longer considered an adequate benchmark by the majority (68%)

The independence of the US Federal Reserve is also increasingly being questioned: Around half expect actual political influence during the current presidency.

💬 Conclusion: No "regime change" yet – but clear signals that the balance of power in the world financial system is beginning to shift.

🔗 More about the survey: https://frankfurt-main-finance.com/en/dvfa-monthly-question-july-dvfa-investment-professionals-the-role-of-the-dollar-and-us-financial-markets-is-being-questioned-but-see-no-regime-change/

💥 Registration is now open for the Future Finance Summit 2025!

We are excited to announce that registration has officially started for the Future Finance Summit, taking place on 3–6 November 2025 at CIC Warsaw — the flagship event of Warsaw Finance Week.

You can now apply for an invitation — secure your spot and become part of the conversation shaping the future of finance 👉 https://lnkd.in/d5dX4Sde

🔹 Don't miss your chance to join one of the most important gatherings in the region for finance, innovation, and technology. Delegations from more than a dozen countries, representatives of leading financial centers, policymakers, and industry pioneers will be there.

In the coming weeks, we will share more details about the agenda and the full Warsaw Finance Week festival — stay tuned!

Apply for your invitation today and see you in Warsaw!

Türkiye is investing in tomorrow. The HIT-30 Program targets 30 high-tech fields from artificial intelligence to clean energy offering a bold vision for sustainable growth. It's more than a policy. It's a nationwide move to shape the future through innovation.

Explore the full program here: https://lnkd.in/dg7CgdVg

The Government of Jersey held its 'Strengthening Jersey's Competitiveness' event today announcing the first two initiatives which will help to protect and grow Jersey's financial services sector:

1. The Jersey Private Fund (JPF) regime has been modernized to be better aligned with the needs of international professional investors.

2. Proposals to simplify the Sound Business Practice Policy (SBPP) have been published which, once approved, will streamline its application while a more comprehensive review of this framework is undertaken.

Both initiatives are part of the financial services competitiveness program. You can find out more about the program and what these changes mean on the Government of Jersey website: https://lnkd.in/eRdaCyBG

Today, we witnessed the official handover of leadership from our inaugural CEO Nick Barigye to our new CEO Hortense Mudenge - a milestone that marks a bold leadership legacy and a renewed vision for the future.

The handover ceremony was graced by Hon. Tesi Rusagara, Minister of State for Resource Mobilization and Public Investment, Ministry of Finance and Economic Planning, alongside our esteemed board of directors and staff who gathered to mark this important transition.

With deep appreciation for Nick's visionary leadership, we now look ahead as Hortense steps in to continue the mission to grow KIFC into a thriving and globally respected financial centre.

View event photos here: https://lnkd.in/eTx86jtV

🔍 Are you pursuing your Master's degree in Communications, Marketing, or Finance and looking to gain hands-on experience alongside your studies?

We're looking for a Digital Communications Intern to join our dynamic team from October.

The internship's duration is minimum 3 months and maximum 6 months.

This is your chance to work at the intersection of finance and communications, gain hands-on experience, and contribute to impactful projects that shape the future of Luxembourg's financial centre.

➡️ Apply here: http://bit.ly/4f5Whw3

We're proud to share that our CEO, Yousuf Al-Jaida, spoke with Oxford Business Group about how Qatar is laying the foundation for sustainable growth through financial innovation and global partnerships. 🎤

From the launch of Qatar's Fintech Strategy to our comprehensive Digital Assets Framework, the interview highlights how QFC is driving investor confidence, regulatory modernization, and sectoral growth. 🇶🇦

🔗Read the full interview to learn more about Qatar's evolving investment landscape: https://lnkd.in/dtPAjjHh

Finance Summit 2025 is fueled by Mercedes-Benz Mobility AG ⚡

As a global leader in innovative mobility and financing solutions, Mercedes-Benz Mobility plays a pivotal role in shaping the future of how we move. We are pleased to welcome Mercedes-Benz Mobility as our official mobility partner. Their commitment to mobility solutions, electrification and digitalization aligns perfectly with the core themes of this year's summit.

As part of our partnership, Franz Reiner, CEO of Mercedes-Benz Mobility, will join a high-level panel on the Boerse Stuttgart Group Capital Markets Stage to share his perspective on trends in mobility and finance. His insights will help drive forward-thinking dialogue on sustainable growth and digital transformation.

Join us in Stuttgart as we bring together finance and real economy to shape Europe's next chapter!

We are pleased to support the Global Ethical Finance Initiative (GEFI)'s Ethical Finance Global 2025, taking place at the Sheraton Grand Hotel & Spa in Edinburgh on 17 September 2025.

This landmark 10th edition will address the pivotal challenges facing financial institutions today, as they navigate economic uncertainty, geopolitical instability, and an escalating climate emergency.

We are offering a 50% discount on tickets using the promo code TCUK50.

For further information on the program and registration, check out here: https://lnkd.in/eT_JhsxX