Central banks, monetary policy, interest-rate decisions, investment, business funding and payment systems, with official releases and direct source links. Page 5.
Saudi Arabia’s Capital Market Authority approved Portfolios Investment Company’s public offer of the PIC Saudi Equity Fund. The regulator said its approval is not a recommendation to invest.
WAM reported that ADGM plans more than AED400m in AI, infrastructure and systems investment through 2029; the wider financial ecosystem has 190 asset and fund managers overseeing 276 funds.
The October 1 announcement set out the credit, energy-market, takaful and regional capital-market programme for a 16th annual conference planned for October 7.
The central banks of Egypt and the United Arab Emirates renewed a five-year currency swap with a nominal value of AED 5 billion. Egypt’s central bank said that equals EGP 69 billion.
Norges Bank raised its policy rate from 4.25% to 4.50% after a 23 September meeting, saying inflation remains above target and the outlook has not changed enough to ease policy.
The Central Bank of Nigeria’s Monetary Policy Committee cut its policy rate from 26.5% to 23% at its 307th meeting on 21–22 September. The central bank’s decisions page records the new rate as announced on 22 September.
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