Latest news with #CIAM
Techday NZ
17-07-2025
- Business
- Techday NZ
Okta, NCC Group partner for enhanced CIAM & cyber security
Okta has partnered with NCC Group to deliver enhanced customer identity and access management (CIAM) services for organisations worldwide. The partnership brings together NCC Group's experience in cybersecurity services with Okta's solutions in CIAM, enterprise identity and access management (IAM), and adaptive multi-factor authentication (MFA). Comprehensive security offering By combining the respective strengths of both companies, the partnership provides businesses with end-to-end IAM services. These include threat intelligence insights, continuous monitoring, protection mechanisms, and compliance with regulatory requirements. NCC Group will deliver CIAM services through advisory, implementation, and managed offerings. The approach expands NCC Group's IAM capabilities with particular focus on customer identity, using Okta's platform along with NCC Group's professional services, Identity Insights solution, and online exposure monitoring. These services also aim to secure supply chain ecosystems by mapping attack paths and integrating risk mitigation and compliance management features. Mitigating identity attack risks NCC Group's expertise in CIAM targets specific security vulnerabilities exploited by malicious actors. Techniques such as brute-force attacks, credential stuffing, and session hijacking are addressed with proactive identification and mitigation strategies. The deployment of identity proofing and verification ensures that only legitimate users access systems, while blocking malicious traffic from bots helps reduce the impact of automated attacks. This collaboration aims to bolster the security of both customer and business data, including financial information, and to defend against vulnerabilities in the supply chain. Securing platforms and data services Beyond CIAM, the partnership encompasses measures to secure platforms and services that host customer-facing solutions and data. This includes assessment services for both on-premise and cloud environments, using Okta's identity security posture management (ISPM) to generate insights into potential cloud risks. NCC Group's identity security insights solution also highlights on-premise risks and addresses process failures across both human and non-human accounts. By leveraging Okta's ISPM, NCC Group can quickly identify, remediate, and manage identity risks, adopting a data-driven approach tailored to the digital identity risks facing each client and focusing on controlling identity sprawl. "Since launching our Digital Identity security service in September 2024, we have focused significant efforts on ensuring our leading CIAM services leverage our full portfolio of capabilities. By combining our online exposure monitoring capabilities and visibility of credentials exposed on the deep and dark web with Okta's technology, we can deliver CIAM solutions that offer a greater depth of insight to mitigate the attack vectors being used by malicious actors today. Offering clients the convenience of CIAM as a service through our established and mature Global Managed Services enables clients to focus on their core business operations with assurance that their CIAM needs are securely managed. Partnering with Okta provides us with exceptional customer identity and access management solutions. Together with our people-powered cyber resilience experience, we are creating a class-defining offering in customer identity management," Derek Gordon, Digital Identity Practise Lead at NCC Group, commented. Industry perspectives "Identity is the foundation of trust in digital business. We believe that there's a massive opportunity for partners to help customers leverage identity to innovate, mitigate the growing threat landscape, and most importantly, protect their customer data. The partnership with NCC Group reinforces our commitment to being partner first. It will allow businesses across Europe to really embrace the power of identity and utilise solutions such as CIAM, enterprise IAM, and adaptive MFA to create a robust security suite. We're only just getting started and excited for a future with NCC and partners at the core of our business," Jorgen Espelund, interim EMEA Partner Lead at Okta, comments. NCC Group has directed sustained investment towards CIAM in recent years, placing customer data protection and risk reduction at the forefront of its security offerings using both technology and threat intelligence. Okta's involvement enhances the focus on compliance and governance, while also providing clients with adaptive and scalable security solutions in a period of rising digital threats. Follow us on: Share on:
Zawya
16-07-2025
- Business
- Zawya
CI Capital Asset Management successfully closes the subscription in'Misr Green – Sustainability (ESG) Fund'
Cairo, Egypt – CI Capital Asset Management (CIAM), Egypt's leading asset manager and a Forbes Top 40 asset manager in the Middle East and North Africa (MENA) region, a subsidiary of CI Capital Holding ( announced the successful close of the subscription in the country's first open-ended sustainable equity fund — the 'Misr Green – Sustainability (ESG) Fund' — a pioneering first of its kind product in Egypt's investment landscape made available for individuals and institutions. The fund aims to invest in sustainability compliant EGX stocks (ESG), having surpassed the target size with a 400% coverage ratio. The company thanked its clients and partners in success for their continued trust and support. The fund will be available for daily subscription and redemption requests starting this month, through the different Egyptian banks and CI Capital Fixed Income Brokerage, acting as receiving entities. The fund reflects CI Capital's commitment to supporting and contributing to Egypt's sustainable development goals, as global studies have shown that sustainable investments outperform over the long term despite the recent challenges in some international markets. The Misr Green – Sustainability (ESG) Fund invests in the stocks of the 30 best-performing listed companies on the Egyptian Exchange (EGX), selected for their leadership in environmental, social responsibility, and governance (ESG) standards across a diversified range of sectors. The launch of this fund marks a significant milestone in CIAM's leadership and innovation in the field, as it is the first ESG-focused public equity fund accessible through Egyptian banks. This initiative comes as global studies continue to show that sustainable investments outperform conventional alternatives on a risk-adjusted basis over the long term, despite recent short-term market volatility. Upon the opening of the subscription period, Dr. Amr Abol Enein, CEO and Managing Director of CI Capital Asset Management, had commented: 'The launch of the Misr Green – Sustainability (ESG) Fund is a new chapter in our ongoing effort to offer innovative, impact-driven investment products to both institutional and individual investors. We are proud to be the first asset manager in Egypt to provide a public equity fund that systematically integrates ESG principles — in line with global best practices and our internal sustainability policy,' CI Capital Asset Management is the largest asset manager in Egypt, with the largest assets under management (AUM), the largest number of funds and mandates, and the widest product variety. The firm was ranked again among the top 40 asset managers in the Middle East for 2025 by Forbes Middle East. CIAM currently manages assets exceeding EGP 82 billion, one of the highest in Egypt, and has received multiple awards for its leadership in asset management across Egypt, the Middle East, and Africa. About CI Capital Holding for Financial Investments CI Capital Holding for Financial Investments (Ticker: CICH EY, is a diversified financial services group and Egypt's leading provider of leasing, microfinance, mortgage finance, consumer finance, and investment banking products and services. Through its headquarters in Cairo, and presence in New York and Dubai, CI Capital Holding for Financial Investments offers a wide range of financial solutions, to a diversified client base that includes global and regional institutions and family offices, large corporates, SMEs, and high-net-worth and individual investors. CI Capital Holding for Financial Investments leverages its full-fledged investment banking platform to provide market-leading capital raising and M&A advisory, asset management, securities brokerage, custody, and research. Through its subsidiary, Corplease, CI Capital offers comprehensive leasing solutions, including finance and operating leases, and sale and leaseback, serving a wide range of corporate clients and SMEs. Additionally, CI Capital Holding for Financial Investments offers microfinance lending through Egypt's first licensed MFI, Reefy. The Group has over 4,000 employees, led by a team of professionals who are among the most experienced in the industry, with complementary backgrounds and skill sets, and a deep understanding of local market dynamics. Banque Misr, one of Egypt and Africa's most renowned financial banks, is the majority shareholder of CI Capital Holding. For more information, please contact CI's Marcom Department Email: media@ Or visit us on social media:
Daily News Egypt
18-06-2025
- Business
- Daily News Egypt
CI Capital Asset Management launches Egypt's first sustainable equity fund
CI Capital Asset Management (CIAM), Egypt's leading asset manager and a Forbes Top 40 firm in the Middle East and North Africa (MENA) region, has launched Egypt's first open-ended sustainable equity fund — the Misr Green – Sustainability (ESG) Fund. This pioneering fund marks a new milestone in Egypt's investment landscape and is available for subscription to both institutional and individual investors, starting Wednesday, 18 June 2025, through CI Capital Fixed Income Brokerage. The fund is designed to invest in sustainability-compliant companies listed on the Egyptian Exchange (EGX), specifically targeting the 30 best-performing stocks that meet stringent environmental, social, and governance (ESG) criteria across a wide array of sectors. The launch reflects CI Capital's strong commitment to supporting Egypt's Sustainable Development Goals (SDGs), while also aligning with global investment trends that favour long-term, risk-adjusted returns through ESG-focused strategies — even amidst short-term market fluctuations. 'This launch marks a new chapter in our mission to deliver innovative, impact-driven investment products,' said Dr. Amr Abol Enein, CEO and Managing Director of CI Capital Asset Management. 'We are proud to be the first asset manager in Egypt to introduce a public equity fund that systematically incorporates ESG principles — in line with global best practices and our internal sustainability framework.' As the first ESG-focused equity fund available via Egyptian banks, Misr Green – Sustainability (ESG) Fund significantly expands access to responsible investing options in Egypt's capital markets. The new fund adds to CIAM's expanding portfolio of tailored investment solutions. In recent years, CIAM has introduced several first-of-their-kind products to the Egyptian market — including the EGX30 Capped Index 'Misr Equity Fund' in 2022, followed by Misr Shariah Equity, which tracks the EGX 33 Shariah Index. These offerings were followed in 2024 by a suite of sector-specific equity funds and a USD-denominated fixed-income fund, further diversifying the firm's product range. CIAM is currently Egypt's largest asset manager, with more than EGP 82bn in assets under management (AUM), the largest number of investment funds and mandates, and the broadest product offering in the country. The firm has earned multiple awards for its leadership in asset management across Egypt, the Middle East, and Africa, and was once again named among the region's Top 40 asset managers by Forbes Middle East in 2025.
Zawya
18-06-2025
- Business
- Zawya
CI Capital Asset Management launches Egypt's first Sustainable Equity Fund
Cairo, Egypt: CI Capital Asset Management (CIAM), Egypt's leading asset manager and a Forbes Top 40 asset manager in the Middle East and North Africa (MENA) region, a subsidiary of CI Capital Holding ( is proud to announce the launch of the country's first open-ended sustainable equity fund — the 'Misr Green – Sustainability (ESG) Fund' — a pioneering product in Egypt's investment landscape. The fund opens for subscription on Wednesday, 18 June 2025, and upon the close of the subscription period will be the first sustainable/ESG fund offered on Egyptian banking platforms. The new fund offers investors a differentiated, responsible investment solution one that captures both the growth potential and the best business practices of Egypt's leading companies. It targets superior returns while aligning with and contributing to Egypt's sustainable development goals. The Misr Green – Sustainability (ESG) Fund is an open-ended ESG index tracker fund that invests in the 30 best-performing listed companies on the Egyptian Exchange (EGX), selected for their leadership in environmental, social responsibility, and governance (ESG) standards across a diversified range of sectors. The fund aims to track the official EGX ESG index, which has demonstrated sustained outperformance compared to conventional equity indices over time. The launch of this fund marks a significant milestone in CIAM's leadership and innovation in the being the first ESG-focused public equity fund accessible through Egyptian banks. This initiative comes as global studies continue to show that sustainable investments outperform conventional alternatives on a risk-adjusted basis over the long term, despite recent short-term market volatility. 'The launch of the Misr Green Sustainability (ESG) Fund is a new chapter in our ongoing effort to offer innovative, impact-driven investment products to both institutional and individual investors. We are proud to be the first asset manager in Egypt to provide a public equity fund that systematically integrates ESG principles in line with global best practices and our internal sustainability policy,' Commented Dr. Amr Abol Enein, CEO and Managing Director of CI Capital Asset Management. The new fund complements CIAM's growing range of investment solutions, tailor-made to meet the evolving needs of both institutional and individual investors within the local market and abroad. It is the firm's third index-tracking product after the company introduced its equity fund tracking the EGX30 Capped index 'Misr Equity' in 2022, the first of its kind in the local market, followed by the launch of yet another first-of-its-kind product in the local market 'Misr Shariah Equity' which tracks the EGX 33 Shariah index, both were followed by the recent successful launches of the company's sector equity funds and the USD fixed-income fund. This adds further diversity and choice to the firm's product suite, reinforcing CIAM's leadership position in the Egyptian market in terms of the size of assets under management (AUM), product breadth, and innovation. CI Capital Asset Management is the largest asset manager in Egypt, with the largest assets under management (AUM), the largest number of funds and mandates, and the widest product variety. The firm was ranked again among the top 40 asset managers in the Middle East for 2025 by Forbes Middle East. CIAM currently manages assets exceeding EGP 82 billion, one of the highest in Egypt, and has received multiple awards for its leadership in asset management across Egypt, the Middle East, and Africa.
Yahoo
10-06-2025
- Politics
- Yahoo
4 people detained in Los Angeles on Friday already deported to Mexico
Four people who were detained by federal agents during immigration raids in Los Angeles on Friday have already been deported back to Mexico. Mexico Foreign Secretary Juan Ramón De la Fuente confirmed the news on Monday evening, adding that, after consulting with Mexico President Claudia Sheinbaum, the country has decided to 'exhaust legal and diplomatic avenues to defend the rights of its citizens who feel threatened in the United States through actions deployed by the consular network to provide legal assistance and advice.' Women's rights organization wants all American flags nationwide flown upside down Some of that assistance will not be available to some of those detained since Friday, as four detainees were deported back to Mexico within 48 hours, De la Fuente stated. In a speech on Monday, he specified that two of them self-deported and the other two were deported due to a removal order. In the speech, the foreign minister reiterated President Sheinbaum's message to protesters, asking them to demonstrate peacefully and condemning the violence on the streets of L.A. He also said that conversations with his American counterparts will continue to take place as the raids – and protests – continue. 'The instructions on this have been very clear: dialogue, as much as necessary; cooperation, with pleasure; coordination, of course; but not subordination,' De la Fuente said. The Information and Assistance Center for Mexicans (CIAM) has been set up to help alleviate concerns surrounding the ICE raids and is available 24 hours a day, 7 days a week by calling 520-623-7874. Federal immigration officials have not disclosed exactly how many people have been detained during the raids thus far, although they did release the names and photos of six men from six countries who were detained in L.A.; all of them are said to have violent criminal records. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
