KUALA LUMPUR, July 10 (Bernama) -- EarthDaily, a global Earth observation company, has successfully established initial contact with EDC-08 following its launch aboard SpaceX's Transporter-17 mission on July 7.
The milestone marks Launch III for the EarthDaily Constellation and brings the system to the satellite count required for commercial operations, expected later this year, according to a statement.
“EDC-08 reaching orbit and establishing initial contact is another important step in the disciplined deployment of the EarthDaily Constellation.
“With eight satellites now in orbit, seven progressing through commissioning, and initial imagery returning from the May launch, the system is performing as expected,” said EarthDaily Chief Executive Officer, Don Osborne.
Like each spacecraft in the EarthDaily Constellation, EDC-08 carries 16 imagers collecting data across 22 spectral bands, providing the system with the spectral depth and imaging capacity needed to support consistent and comparable measurements across regions, seasons and time.
The latest launch follows the deployment of EDC-02 to EDC-07 in May, with the satellites now progressing through commissioning and returning initial imagery that provides an early indication of system performance.
Purpose-built for broad-area change detection, the EarthDaily Constellation is designed to deliver globally consistent, calibrated daily measurement of the planet. Its imagery is designed to work with EarthDaily's automated change detection analytics to identify meaningful changes across wide areas.
As additional satellites prepare for launch, the constellation is advancing towards daily global land coverage, providing a continuous measurement layer to monitor changes across sectors, including defence and security, agriculture, natural resources, climate resilience and infrastructure.
-- BERNAMA
Friday, 10 July 2026
Thursday, 9 July 2026
Defiance Launches Europe's First Photonics UCITS ETF (PHOT)
- Defiance has expanded its European ETF lineup with the launch of the Defiance Photonics UCITS ETF (ticker: PHOT).
- The ETF seeks to provide exposure to companies developing, manufacturing, and commercialising photonic technologies, the optical hardware that generates, moves, and processes data using light rather than electricity.
- This is Defiance's 5th launch since entering the European UCITS ETF market earlier this year. In that time, Defiance has accumulated $162.57 million in assets under management (AUM) across its UCITS product range.¹
- The ETF is listed on the London Stock Exchange and Borsa Italiana, with Xetra to follow.
MIAMI, July 9 (Bernama-GLOBE NEWSWIRE) -- Defiance ETFs is excited to announce the launch of the Defiance Photonics UCITS ETF (ticker: PHOT), Europe's first photonics ETF. The Fund seeks to provide exposure to companies developing, manufacturing, and commercialising photonic technologies, the optical hardware that generates, moves, and processes data using light rather than electricity.
Defiance Photonics UCITS ETF
ISIN: IE000W1S2PT6
TER: 0.69%
Exchange Bloomberg Ticker SEDOL Trading Currency
LSE PHOT LN BQS89K8 USD
LSE PH0T LN BQS8NP3 GBP
Borsa Italiana PHOT IM BN6MZN8 USD
The AI capex buildout is becoming one of the largest corporate investment cycles in history. JP Morgan has estimated that global AI and data centre infrastructure spending could reach more than $5 trillion through 2030, with that spending reshaping demand across the technology supply chain, from power and cooling to memory and advanced networking.²
Photonics is emerging as a key part of this infrastructure story. Photonics is the use of light to generate, transmit, and process information. In data centres, this means replacing or complementing electrical connections with optical technologies that can move data between chips, servers, and racks at much higher speeds and with lower energy loss.³
AI systems require huge amounts of data to move continuously between processors, memory, and networking equipment. As AI clusters become larger, and as inference workloads scale, data movement is becoming a critical bottleneck in terms of bandwidth, latency, power consumption, and heat. Optical interconnects can move more data over longer distances than copper, while using less power per bit transmitted.⁴
The opportunity also extends beyond AI. Photonic technologies are increasingly important for cloud data centres, high-performance computing, telecom networks, and next-generation connectivity. As the digital economy requires faster, denser, and more energy-efficient data movement, photonics is becoming a critical enabling layer of the modern technology stack.
The Defiance Photonics UCITS ETF provides targeted exposure across the photonics value chain, including:
Optical components and light sources
Photonic semiconductors and interconnect chips
Optical systems and networking
Photonic foundries and manufacturing infrastructure
Enabling materials
These areas include technologies such as lasers, transceivers, fibre arrays, connectors, photonic integrated circuits, optical interposers, modulators, and other components used in modern optical connectivity.
This is Defiance's 5th launch since entering the European UCITS ETF market earlier this year.⁵
Defiance UCITS Lineup Ticker
Defiance AI & Power Infrastructure UCITS ETF AIPO
Defiance Photonics UCITS ETF PHOT
Defiance Memory UCITS ETF DRAM
Defiance Drone UCITS ETF DRON
Defiance Ukraine Reconstruction UCITS ETF UKRN
Sylvia Jablonski, CIO of Defiance ETFs, commented: “Defiance is excited to bring Europe's first photonics ETF to market. AI is generating more data than electrical connections can efficiently move, and photonics, the use of light to transmit and process information, is emerging as the answer. We built PHOT to give investors focused, transparent exposure to the companies across the photonics value chain, rather than a thin slice buried inside a broad tech basket.”
Hector McNeil, Co-Founder and Co-CEO of HANetf, commented: “We are delighted that Defiance is expanding its European range with the launch of the first photonics UCITS ETF. As AI and cloud computing continue to drive demand for faster and more efficient data movement, photonics is emerging as an increasingly important layer of the technology infrastructure stack. This launch gives European investors targeted access to companies helping to build the optical backbone needed to support the next phase of AI and digital connectivity.”
For full fund details, including the prospectus and Key Information Document, visit hanetf.com.
About Defiance ETFs
Founded in 2018, Defiance is a leading ETF issuer specializing in thematic, income, and leveraged ETFs. The firm manages 75+ ETFs designed to provide targeted exposure to high-growth sectors including AI infrastructure, quantum computing, drones and modern warfare, and other emerging technologies.
About HANetf
HANetf is an independent provider of UCITS ETFs, working with asset management companies to bring differentiated, modern, and innovative exposures to European ETF investors. Via our white-label ETF platform, HANetf provides a complete operational, regulatory, distribution and marketing solution for asset managers to launch and manage UCITS ETFs. www.hanetf.com
Media Contact
Brenda Hentschel | bhentschel@gregoryagency.com | 201.705.3758
For European media enquiries:
Italy: Elena Soffientini, Mymediarelation | soffientini@mymediarelation.it | +39 375 670 62 07
Germany: Caroline Chojnowski, Public Imaging | Caroline.Chojnowski@publicimaging.de | +49 (0)40-401 999 - 23
Important Information
Communications issued in the European Economic Area (“EEA”)
The content in this document is issued and approved by HANetf EU Limited (“HANetf EU”). HANetf EU is authorised and regulated by the Central Bank of Ireland. HANetf EU is registered in Ireland with registration number 728832.
Communications issued in the UK
The content in this document is issued by HANetf Limited (“HANetf”) and approved by Privium Fund Management (UK) Limited (“Privium”). HANetf is an appointed representative of Privium, which is authorised and regulated by the Financial Conduct Authority. The registered office of Privium is The Shard, 24th Floor, 32 London Bridge Street, London, SE1 9SG.
This communication has been prepared for professional investors, but the ETCs and ETFs set out in this communication (“Products”) may be available in some jurisdictions to any investors. Please check with your broker or intermediary that the relevant Product is available in your jurisdiction and suitable for your investment profile.
Past performance is not a reliable indicator of future performance. The price of the Products may vary and they do not offer a fixed income.
This document may contain forward looking statements including statements regarding our belief or current expectations with regards to the performance of certain assets classes. Forward looking statements are subject to certain risks, uncertainties and assumptions. There can be no assurance that such statements will be accurate and actual results could differ materially from those anticipated in such statements. Therefore, readers are cautioned not to place undue reliance on these forward-looking statements.
The content of this document is for information purposes and for your internal use only, and does not constitute an investment advice, recommendation, investment research or an offer for sale nor a solicitation of an offer to buy any Product or make any investment.
An investment in an exchange traded product is dependent on the performance of the underlying asset class, less costs, but it is not expected to track that performance exactly. The Products involve numerous risks including among others, general market risks relating to underlying adverse price movements in an Index (for ETFs) or underlying asset class and currency, liquidity, operational, legal and regulatory risks. In addition, in relation to Cryptocurrency ETCs, these are highly volatile digital assets and performance is unpredictable.
The information contained on this document is not, and under no circumstances is to be construed as, an advertisement or any other step in furtherance of a public offering of securities in the United States or any province or territory thereof, where none of the Issuers (as defined below) or their Products are authorised or registered for distribution and where no prospectus of any of the Issuers has been filed with any securities commission or regulatory authority. No document or information on this document should be taken, transmitted or distributed (directly or indirectly) into the United States. None of the Issuers, nor any securities issued by it, have been or will be registered under the United States Securities Act of 1933 or the Investment Company Act of 1940 or qualified under any applicable state securities statutes.
The Issuers:
1. HANetf ICAV and HANetf ICAV II are open-ended Irish collective asset management vehicles and are the issuers of the ETFs under the terms in the relevant Prospectuses and relevant Supplements for each ETF approved by the Central Bank of Ireland (“CBI”) (each an “ETF Prospectus” and together the “ETF Prospectuses”). Investors should read the current version of the relevant ETF Prospectus before investing and should refer to the section of the relevant ETF Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the ETFs. Any decision to invest should be based on the information contained in the ETF Prospectuses.
2. HANetf ETC Securities plc, a public limited company incorporated in Ireland, issuing under the terms in the Base Prospectus approved by the Central Bank of Ireland and the final terms of the relevant series (“ETC Securities Documentation”) is the issuer of the precious metals ETCs. Investors should read the latest version of the ETC Securities Documentation before investing and should refer to the section of the Base Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the ETCs. Any decision to invest should be based on the information contained in the ETC Securities Documentation.
3. Bitwise Europe GmbH, a limited liability company incorporated under the laws of the Federal Republic of Germany, issuing under the terms in the Prospectus approved by the Bundesanstalt für Finanzdienstleistungsaufsicht (“BaFin”) and the final terms (“Cryptocurrency Prospectus”) is the issuer of the ETCM ETCs. Investors should read the latest version of the Cryptocurrency Prospectus before investing and should refer to the section of the Cryptocurrency Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the ETCs contained in the Cryptocurrency Prospectus. Any decision to invest should be based on the information contained in the Cryptocurrency Prospectus.
4. HANetf Multi-Asset ETC Issuer plc, a public company incorporated in Jersey, issuing under the terms in the Base Prospectuses approved by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) (the “SFSA”), the United Kingdom Financial Conduct Authority (“FCA”) and the final terms of the relevant series (“Multi-Asset ETC Securities Documentation”) is the issuer of ETCs linked to and secured by various underlying assets. Investors should read the latest version of the ETC Securities Documentation before investing and should refer to the section of the relevant Base Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the ETCs. Any decision to invest should be based on the information contained in the ETC Securities Documentation.
The relevant ETF Prospectuses, ETC Securities Documentation, Multi-Asset ETC Securities Documentation and Cryptocurrency Prospectus can all be downloaded from www.hanetf.com.
The decision and amount to invest in any Product should take into consideration your specific circumstances after seeking independent investment, tax and legal advice. We do not control and are not responsible for the content of third-party websites.
We believe the information in this document is based on reliable sources, but its accuracy cannot be guaranteed. The views expressed are the views of HANetf at time of publication and may change. Neither Privium nor HANetf is liable for any losses relating to the accuracy, completeness or use of information in this communication, including any consequential loss.
FOR SWISS INVESTORS ONLY: The Fund has appointed as Swiss Representative Waystone Fund Services (Switzerland) SA, Av. Villamont 17, 1005 Lausanne, Switzerland, Tel: +41 21 311 17 77, email: switzerland@waystone.com. The Fund’s Swiss paying agent is Helvetische Bank AG. The Prospectus, the Key Investor Information Documents, the Instrument of Incorporation as well as the annual and semi-annual reports may be obtained free of charge from the Swiss Representative in Lausanne. The issue and redemption prices are published at each issue and redemption on www.fundinfo.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/70f0dee7-ca38-44e4-96f3-5a5b058fb821
________________________________
¹ Source: HANetf; Bloomberg. Data as at 07/06/2026.
² Source: Data Centre Dynamics, 2025.
³ Source: CNBC, 2026.
⁴ Source: Forbes, 2026.
⁵ Source: HANetf; Bloomberg. Data as at 07/06/2026.
SOURCE: Defiance ETFs
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
Bitget Upgrades Institutional Trading Framework to Power the Next Phase of Multi-Asset Markets
VICTORIA, Seychelles, July 7 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s largest Universal Exchange (UEX), has introduced an upgraded institutional pricing framework for its PRO and Liquidity Incentive Programs, enhancing trading costs, liquidity incentives, and market structure across crypto and traditional financial markets. Effective June 30, the update introduces a more sophisticated fee model designed to better support institutional traders, market makers, and liquidity providers participating across an increasingly diverse range of assets.
As institutional participation expands beyond major crypto into tokenized real world assets, exchanges are increasingly required to support different liquidity dynamics across different markets. Bitget's latest upgrade reflects this evolution through a more granular pricing structure that aligns incentives with the characteristics of each market while improving execution quality across the platform.
"Markets are becoming increasingly connected, and institutions are adapting to that reality," said Gracy Chen, CEO at Bitget. "They're focused on where they can deploy capital most efficiently, not whether an opportunity sits in crypto or traditional finance. Our job is to build the infrastructure that makes moving between those markets feel seamless."
A central feature of the upgrade is a revised market grouping framework. In spot markets, trading pairs are divided into two groups: Group A for top trading pairs such as BTCUSDT, XAUTUSDT, SOLUSDT, and other major assets, and Group B for all other spot trading pairs, including newly listed spot pairs. In futures markets, the structure expands to three groups: Group A for top crypto futures pairs, Group B for other crypto futures pairs and newly listed crypto futures, and Group C for TradFi futures, covering stock, precious metal, commodity, and index futures.
For institutional traders, the update introduces tiered taker pricing within the Bitget PRO program, creating a more transparent cost structure based on trading activity. For liquidity providers, Bitget has strengthened incentives for long-tail markets by increasing spot maker rebates on selected trading pairs from 1.2 basis points to 1.5 basis points, while futures maker rebates on selected long-tail contracts have increased from 0.8 basis points to 1.0 basis point. The platform also maintains its industry-leading 0.65 basis point taker fee for TradFi futures, including tokenized stock, commodity, and precious metal contracts.
Beyond pricing, the revised framework introduces updated market-making assessment methodologies and weighted liquidity metrics that place greater emphasis on supporting emerging markets while maintaining deep liquidity across flagship assets. The result is a more balanced incentive structure that rewards meaningful liquidity contributions across the full breadth of Bitget's multi-asset ecosystem.
The update builds on Bitget's continued investment in institutional infrastructure following recent expansions across tokenized stocks and equity offerings. As the Universal Exchange continues bringing together crypto, tokenized assets, and traditional financial markets within a single trading environment, Bitget is developing the execution, liquidity and pricing infrastructure required to support the next generation of institutional trading.
For more information and the full list of pairs, visit here.
About Bitget
Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 500+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships such as MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide.
For more information, visit: Website | X | Telegram | LinkedIn | Discord
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/3e3be216-3591-4ebf-bae3-a484c5332232
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
"Markets are becoming increasingly connected, and institutions are adapting to that reality," said Gracy Chen, CEO at Bitget. "They're focused on where they can deploy capital most efficiently, not whether an opportunity sits in crypto or traditional finance. Our job is to build the infrastructure that makes moving between those markets feel seamless."
A central feature of the upgrade is a revised market grouping framework. In spot markets, trading pairs are divided into two groups: Group A for top trading pairs such as BTCUSDT, XAUTUSDT, SOLUSDT, and other major assets, and Group B for all other spot trading pairs, including newly listed spot pairs. In futures markets, the structure expands to three groups: Group A for top crypto futures pairs, Group B for other crypto futures pairs and newly listed crypto futures, and Group C for TradFi futures, covering stock, precious metal, commodity, and index futures.
For institutional traders, the update introduces tiered taker pricing within the Bitget PRO program, creating a more transparent cost structure based on trading activity. For liquidity providers, Bitget has strengthened incentives for long-tail markets by increasing spot maker rebates on selected trading pairs from 1.2 basis points to 1.5 basis points, while futures maker rebates on selected long-tail contracts have increased from 0.8 basis points to 1.0 basis point. The platform also maintains its industry-leading 0.65 basis point taker fee for TradFi futures, including tokenized stock, commodity, and precious metal contracts.
Beyond pricing, the revised framework introduces updated market-making assessment methodologies and weighted liquidity metrics that place greater emphasis on supporting emerging markets while maintaining deep liquidity across flagship assets. The result is a more balanced incentive structure that rewards meaningful liquidity contributions across the full breadth of Bitget's multi-asset ecosystem.
The update builds on Bitget's continued investment in institutional infrastructure following recent expansions across tokenized stocks and equity offerings. As the Universal Exchange continues bringing together crypto, tokenized assets, and traditional financial markets within a single trading environment, Bitget is developing the execution, liquidity and pricing infrastructure required to support the next generation of institutional trading.
For more information and the full list of pairs, visit here.
About Bitget
Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 500+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships such as MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide.
For more information, visit: Website | X | Telegram | LinkedIn | Discord
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/3e3be216-3591-4ebf-bae3-a484c5332232
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
Wednesday, 8 July 2026
Record Launches "Record Amanah" Sharia-Compliant Investment Platform
LONDON, July 8 (Bernama-BUSINESS WIRE) -- Record Asset Management GmbH (RAM), subsidiary of London-listed Record plc (Record Financial Group), is pleased to announce the launch of Record Amanah, its dedicated platform for Sharia-compliant investment solutions.
RAM is the European asset management arm of Record Financial Group, the London-listed specialist investment group managing USD 115 billion of assets on behalf of institutional clients worldwide. Record's client base comprises pension funds, foundations, sovereign institutions and other asset managers, with whom the Group has built long-standing relationships through its focus on bespoke investment and risk management solutions. Headquartered in London, Record has offices in Hamburg, Zurich, Zug, New York, and Hong Kong.
The launch follows a series of successful Sharia-compliant transactions completed by Record, most recently for a client in Brunei, and reflects growing demand from institutional investors seeking investment opportunities that combine attractive risk-adjusted returns with adherence to Islamic finance principles.
Record Amanah has been established in partnership with Khalij Group (https://recordfg.com/what-we-do/private-markets/record-amanah/), a London-based team of Islamic finance specialists with extensive experience in structuring and advising on Sharia-compliant investments.
The platform will initially focus on private markets and private equity opportunities, offering investment solutions structured in accordance with established Sharia principles while maintaining the rigorous investment, risk management, and governance standards for which Record is known.
The initiative further expands Record's private markets capabilities and strengthens the Group's ability to serve a broader international investor base, particularly across the Middle East and Southeast Asia, where demand for Sharia-compliant investment solutions continues to grow.
Jan Hendrik Witte, CEO of Record Financial Group, commented:
"The launch of Record Amanah represents a natural evolution of our private markets strategy. We have already demonstrated our ability to deliver Sharia-compliant investment solutions for institutional clients, and this platform provides a dedicated framework through which we can expand those capabilities. By combining Record's investment expertise with Khalij's deep knowledge of Islamic finance, we believe we are well positioned to meet the growing demand for high-quality Sharia-compliant private market investments."
Asim Khan, CEO of Khalij Group, commented:
"Islamic finance is founded on principles of partnership, transparency and investment in productive economic activity. Through Record Amanah, we are bringing together these principles with Record's institutional investment expertise and global reach. We believe this partnership will create compelling opportunities for investors seeking access to private markets through structures that are both commercially attractive and fully aligned with Sharia values."
The launch forms part of Record's broader strategy of expanding its private markets offering and creating differentiated investment capabilities for clients globally.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20260629448863/en/
Contact
Dr Jan Hendrik Witte
CEO
Record Financial Group
E: reception@recordfg.com
W: www.recordfg.com
Source : Record Financial Group
RAM is the European asset management arm of Record Financial Group, the London-listed specialist investment group managing USD 115 billion of assets on behalf of institutional clients worldwide. Record's client base comprises pension funds, foundations, sovereign institutions and other asset managers, with whom the Group has built long-standing relationships through its focus on bespoke investment and risk management solutions. Headquartered in London, Record has offices in Hamburg, Zurich, Zug, New York, and Hong Kong.
The launch follows a series of successful Sharia-compliant transactions completed by Record, most recently for a client in Brunei, and reflects growing demand from institutional investors seeking investment opportunities that combine attractive risk-adjusted returns with adherence to Islamic finance principles.
Record Amanah has been established in partnership with Khalij Group (https://recordfg.com/what-we-do/private-markets/record-amanah/), a London-based team of Islamic finance specialists with extensive experience in structuring and advising on Sharia-compliant investments.
The platform will initially focus on private markets and private equity opportunities, offering investment solutions structured in accordance with established Sharia principles while maintaining the rigorous investment, risk management, and governance standards for which Record is known.
The initiative further expands Record's private markets capabilities and strengthens the Group's ability to serve a broader international investor base, particularly across the Middle East and Southeast Asia, where demand for Sharia-compliant investment solutions continues to grow.
Jan Hendrik Witte, CEO of Record Financial Group, commented:
"The launch of Record Amanah represents a natural evolution of our private markets strategy. We have already demonstrated our ability to deliver Sharia-compliant investment solutions for institutional clients, and this platform provides a dedicated framework through which we can expand those capabilities. By combining Record's investment expertise with Khalij's deep knowledge of Islamic finance, we believe we are well positioned to meet the growing demand for high-quality Sharia-compliant private market investments."
Asim Khan, CEO of Khalij Group, commented:
"Islamic finance is founded on principles of partnership, transparency and investment in productive economic activity. Through Record Amanah, we are bringing together these principles with Record's institutional investment expertise and global reach. We believe this partnership will create compelling opportunities for investors seeking access to private markets through structures that are both commercially attractive and fully aligned with Sharia values."
The launch forms part of Record's broader strategy of expanding its private markets offering and creating differentiated investment capabilities for clients globally.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20260629448863/en/
Contact
Dr Jan Hendrik Witte
CEO
Record Financial Group
E: reception@recordfg.com
W: www.recordfg.com
Source : Record Financial Group
LYB, MONDELEZ TURN PLASTIC WASTE INTO CHOCOLATE WRAPPERS
KUALA LUMPUR, July 8 (Bernama) -- Global chemical company, LyondellBasell (LYB) has introduced an innovative flexible packaging solution for Marabou chocolate bars, developed in collaboration with Mondelez International, Amcor, Taghleef Industries and other industry players.
Using LYB CirculenRevive polymers with 100 per cent attributed recycled content through an ISCC PLUS-certified mass balance approach, Mondelez is now able to offer packaging made from 75 per cent recycled content.
According to LYB in a statement, the solution helps transform hard-to-recycle post-consumer mixed plastic waste into high-quality materials suitable for food packaging.
“Our collaboration with Mondelez illustrates our shared vision for the future and highlights our ability to provide innovative, high-quality circular solutions tailored to demanding specifications.
“We are committed to making circular and low-carbon solutions work for businesses while creating solutions for everyday sustainable living,” said LYB executive vice president, Sustainable Solutions and Technology Business, Yvonne van der Laan.
As part of its circular solutions strategy, LYB plans to supply future polymers for Marabou packaging through MoReTec-1, its first commercial-scale catalytic chemical recycling plant under construction in Wesseling, Germany.
Once operational, the facility will strengthen access to circular feedstock within LYB's integrated ecosystem, connecting advanced sorting and recycling infrastructure with the company's existing crackers and polymerisation assets.
MoReTec-1 is designed to produce 50,000 metric tonnes of feedstock annually for use in LYB's existing production units, enabling the manufacture of recycled polymers.
The collaboration brings together companies across the packaging value chain, with LYB supplying the circular polymers, Taghleef Industries producing the base film, and Amcor converting the material into the final flexible packaging solution for Mondelez.
LYB said the initiative reflects growing demand from brand owners for high-performance circular polymers that support recycled-content targets while meeting the quality requirements for flexible food packaging.
-- BERNAMA
Using LYB CirculenRevive polymers with 100 per cent attributed recycled content through an ISCC PLUS-certified mass balance approach, Mondelez is now able to offer packaging made from 75 per cent recycled content.
According to LYB in a statement, the solution helps transform hard-to-recycle post-consumer mixed plastic waste into high-quality materials suitable for food packaging.
“Our collaboration with Mondelez illustrates our shared vision for the future and highlights our ability to provide innovative, high-quality circular solutions tailored to demanding specifications.
“We are committed to making circular and low-carbon solutions work for businesses while creating solutions for everyday sustainable living,” said LYB executive vice president, Sustainable Solutions and Technology Business, Yvonne van der Laan.
As part of its circular solutions strategy, LYB plans to supply future polymers for Marabou packaging through MoReTec-1, its first commercial-scale catalytic chemical recycling plant under construction in Wesseling, Germany.
Once operational, the facility will strengthen access to circular feedstock within LYB's integrated ecosystem, connecting advanced sorting and recycling infrastructure with the company's existing crackers and polymerisation assets.
MoReTec-1 is designed to produce 50,000 metric tonnes of feedstock annually for use in LYB's existing production units, enabling the manufacture of recycled polymers.
The collaboration brings together companies across the packaging value chain, with LYB supplying the circular polymers, Taghleef Industries producing the base film, and Amcor converting the material into the final flexible packaging solution for Mondelez.
LYB said the initiative reflects growing demand from brand owners for high-performance circular polymers that support recycled-content targets while meeting the quality requirements for flexible food packaging.
-- BERNAMA
Monday, 6 July 2026
Jeppesen ForeFlight Unveils AI Engine For Aviation Operations
KUALA LUMPUR, July 3 (Bernama) -- Jeppesen ForeFlight, a provider of aviation data, software and insights, has unveiled Jeppesen ForeFlight Airflow, an aviation-centric artificial intelligence (AI) engine that forms the foundation of its strategy to bring responsible AI to all sectors of aviation.
Developed over several years, Jeppesen ForeFlight Airflow is backed by decades of domain expertise, industry-leading data, and capabilities spanning crew and fleet planning, day-of-flight operations and flight deck solutions.
“We have helped the industry evolve from paper to digital to mobile, and we are bringing to market a highly differentiated AI offering in Jeppesen ForeFlight Airflow that customers can deploy on their own terms and timelines, at significantly lower IT costs than previous industry transitions,” said Jeppesen ForeFlight Chief Executive Officer, Brad Surak in a statement.
Jeppesen ForeFlight Airflow combines commercially available data, segregated proprietary customer data and extensive domain knowledge, including safety, certification expertise and contextual reasoning across the aviation industry.
Built on an open architecture and designed to be model agnostic, the AI engine gives customers the flexibility to adopt AI by integrating their own agents, leveraging third-party solutions or deploying Jeppesen ForeFlight's native agents.
The company is also previewing its first product for the general aviation market, the ForeFlight AI Connector, an MCP server that connects ForeFlight Mobile to a customer's existing OpenAI ChatGPT environment.
Users can query their personal AI for flight plans and refuelling options or build AI-connected tools and workflows using data in ForeFlight Mobile. The company also plans to expand the feature to other AI applications, including Google's Gemini and Anthropic's Claude.
Later this year, Jeppesen ForeFlight Airflow will debut its first offerings to the commercial and business aviation segments, followed by military-focused capabilities.
-- BERNAMA
Saturday, 4 July 2026
ROYC To Establish Luxembourg Feeder Fund For Slättö
KUALA LUMPUR, July 3 (Bernama) -- ROYC, a global structuring and platform provider, has been selected by Slättö, a Nordic private markets real estate firm, to establish and manage a Luxembourg-domiciled feeder fund to efficiently aggregate individual subscriptions from professional investors.
The Luxembourg-domiciled vehicle will be fully structured and administered on ROYC’s proprietary platform, delivering investors a seamless digital experience with real-time portfolio access, automated reporting, and efficient global distribution.
In a statement, ROYC said it streamlines onboarding and governance, standardises legal documentation, and broadens access to capital.
ROYC Founder and President, Mathias Leijon said private markets are undergoing a structural shift as global banks and wealth platforms seek more efficient access to private equity strategies.
“By combining our deep structuring expertise with ROYC’s digital operating infrastructure, we enable leading managers like Slättö to launch investor-ready vehicles rapidly while delivering a seamless and fully transparent experience for investors throughout the entire fund lifecycle,” he said in a statement.
Meanwhile, Slättö Deputy Managing Partner, Jonas Andersson said the firm evaluated several solutions and found ROYC’s platform simplifies investor onboarding, reporting and fund lifecycle management, enabling broader investor access.
The platform offers accelerated time-to-market through templated legal architecture and automated workflows while supporting end-to-end digital lifecycle management benefits investors through Know Your Customer (KYC)/Anti-Money Laundering (AML), digital subscriptions, capital activity tracking and performance dashboards via secure investor portals.
ROYC is a business-to-business financial technology company that provides a digital platform for private equity firms, banks, wealth managers, and multi-family offices to structure, distribute, and manage private market investments more efficiently.
-- BERNAMA
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