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Yalla Group Concludes Landmark Participation in Saudi eLeague 2026

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DUBAI, UAE, June 8, 2026 /PRNewswire/ — Yalla Group Limited (“Yalla” or the “Company”) (NYSE: YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced the conclusion of its participation in Saudi eLeague 2026 (SEL 2026). As the Official Event Partner of SEL 2026 and Presenting Partner of Yalla Saudi eLeague Women 2026, Yalla Group played an active role throughout the season, reinforcing its long-term commitment to supporting growth and diversity in esports, gaming communities and digital entertainment ecosystems across Saudi Arabia and the wider MENA region.

The Yalla Saudi eLeague Women 2026, which ran from February 23 to June 6, 2026, marked a milestone in the expansion of women’s esports participation in Saudi Arabia. The competition’s online preliminary rounds and live finals hosted at the Saudi Esports Federation Arena (SEF Arena) in Riyadh brought female players into the spotlight, highlighting the growing interest, competitiveness and talent depth among female gamers in the Kingdom and across the region.

SEL’s live Championship Festival Finals, held from May 1 to June 6, 2026 at SEF Arena, represent one of the region’s largest esports gatherings, bringing together players, fans, creators and industry stakeholders. Yalla Group operated an interactive booth at SEF Arena during the event, showcasing three of its featured products, Yalla Ludo, Jalsat and Turbo Match, and engaging directly with visitors through on-site activities and community outreach initiatives. The booth received an enthusiastic response from attendees, reflecting strong community interest in Yalla Group’s growing portfolio of games and social entertainment experiences.

“The success of Saudi eLeague 2026 is a win for the entire regional esports ecosystem,” said Mr. Saifi Ismail, President of Yalla Group. “Saudi Arabia is one of the region’s most important gaming markets, and events like these attract global attention and investment in MENA’s innovative game companies, creative developers and growing gamer talent pool. Yalla was proud to support this event and remains committed to fostering inclusive gaming communities, empowering emerging talent and enhancing user engagement through our expanding portfolio of social networking and gaming products. We will continue deepening our presence in Saudi Arabia and MENA through strategic partnerships and investments that drive the long-term development of the region’s esports ecosystem.”

Established in 2020 by the Saudi Esports Federation, Saudi eLeague has become a key pillar of Saudi Arabia’s esports ecosystem, supporting the objectives of Vision 2030 and the Kingdom’s National Gaming and Esports Strategy. SEL 2026 featured multiple competitive categories, including Elite eLeague, Challenger eLeague, Yalla Saudi eLeague Women and the Fighting eLeague, each designed to support different segments of the region’s gaming and esports landscape.

About Yalla Group Limited

Yalla Group Limited is the largest MENA-based online social networking and gaming company, in terms of revenues in 2022. The Company operates two flagship mobile applications, Yalla, a voice-centric group chat platform, and Yalla Ludo, a casual gaming application featuring online versions of board games, popular in MENA, with in-game voice chat and localized Majlis functionality. Building on the success of Yalla and Yalla Ludo, the Company continues to add engaging new content, creating a regionally-focused, integrated ecosystem dedicated to fulfilling MENA users’ evolving online social networking and gaming needs. Through its holding subsidiary, Yalla Game Limited, the Company has expanded its capabilities in mid-core and hard-core games in the MENA region, leveraging its local expertise to bring innovative gaming content to its users. In addition, the growing Yalla ecosystem includes YallaChat, an IM product tailored for Arabic users, and casual games such as Yalla Baloot and 101 Okey Yalla, developed to sustain vibrant local gaming communities in MENA. Yalla is also actively exploring outside of MENA with Yalla Parchis, a Ludo game designed for the South American markets. Yalla’s mobile applications deliver a seamless experience that fosters a sense of loyalty and belonging, establishing highly devoted and engaged user communities through close attention to detail and localized appeal that profoundly resonates with users. For more information, please visit: https://ir.yalla.com.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Statements that are not historical facts, including statements about Yalla Group Limited’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in Yalla Group Limited’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Yalla Group Limited does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

Yalla Group Limited
Investor Relations
Kerry Gao – IR Director
Tel: +86-571-8980-7962
Email: ir@yalla.com

Piacente Financial Communications
Jenny Cai
Tel: +86-10-6508-0677
Email: yalla@tpg-ir.com

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
Email: yalla@tpg-ir.com

View original content:https://www.prnewswire.com/news-releases/yalla-group-concludes-landmark-participation-in-saudi-eleague-2026-302793867.html

SOURCE Yalla Group Limited

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Broadridge’s Distributed Ledger Repo Achieves 220% Year Over Year Growth; Processes $7.2 Trillion in May

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May 2026 ADV reaches $362 billion as momentum continues for institutional adoption of tokenized settlement and Broadridge’s market-leading Distributed Ledger Repo

NEW YORK, June 8, 2026 /PRNewswire/ — Broadridge Financial Solutions, Inc. (NYSE: BR), global Fintech leader, today announced that its Distributed Ledger Repo (DLR) processed an average of $362 billion in daily repo transactions during May, with volumes totaling $7.2 trillion. The daily average is a 220% increase year-over-year, underscoring the continued adoption of tokenized real-asset settlement and the growing role of distributed ledger technology as a scalable solution for capital markets.

“The sustained growth of DLR reflects a broader shift toward modernizing core market infrastructure with tokenized settlement,” said Horacio Barakat, Global Head of Digital Innovation at Broadridge. “Institutions are increasingly looking for ways to improve liquidity efficiency and collateral mobility while maintaining operational simplicity. DLR is helping firms put tokenization to work in day-to-day market activity, delivering measurable benefits on an institutional scale.”

As funding and collateral markets become increasingly complex, DLR provides firms with a scalable framework for managing liquidity through tokenized settlement. By enabling the efficient movement of tokenized securities within existing market workflows, DLR helps firms improve capital utilization, increase funding flexibility, and reduce operational friction while maintaining the controls and resiliency required in regulated markets.

Broadridge recently announced a comprehensive expansion of its tokenization capabilities, extending the proven infrastructure behind DLR to support tokenized securities across multiple asset classes. The initiative broadens Broadridge’s ability to support the issuance, trading, settlement, and servicing of tokenized assets, enabling institutions to operate across traditional and digital markets through a single, integrated framework.

As tokenization continues to gain momentum across financial services, Broadridge is helping institutions modernize market infrastructure through scalable solutions that enhance liquidity, improve operational efficiency, and support the seamless movement of assets across markets. To learn more about DLR, the world’s largest institutional platform for settling tokenized real assets, visit Broadridge’s DLR.

About Broadridge’s Tokenization Solutions

Broadridge enables on-chain proxy voting and governance, digital asset infrastructure including post trade, wallets and custody, and the scaling of digital asset capabilities across multiple asset classes. Through these innovations, Broadridge is helping financial institutions unlock the next era of digital assets investing.

Broadridge’s Distributed Ledger Repo (DLR) solution is the world’s largest institutional platform for settling tokenized real assets, tokenizing approximately over $365 billion a day. As tokenization gains momentum across financial services, Broadridge is meeting the complexity of operating across traditional and digital ecosystems with established scale, critical market knowledge, and technological expertise.

About Broadridge

Broadridge Financial Solutions (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.

Our technology and operations platforms process and generate over 7 billion communications annually and underpin the daily average trading of over $15 trillion in tokenized and traditional securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 15,000 associates in 21 countries.

For more information about us, please visit www.broadridge.com 

Broadridge Contacts:

Investors: 
broadridgeir@broadridge.com           

Media:
Gregg.Rosenberg@broadridge.com

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SOURCE Broadridge Financial Solutions, Inc.

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State Grid Dingxi Anding District Power Supply Company: On-site Inspection for Electrical Hazards to Ensure Stable Power Supply for Anding District Science and Technology Museum

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DINGXI, China, June 8, 2026 /PRNewswire/ — To guarantee reliable power for exhibition displays, research and study activities and scientific equipment at Anding District Science and Technology Museum, and strengthen fire safety in science and education venues, staff from State Grid Dingxi Anding District Power Supply Company carried out a comprehensive special inspection and rectification of potential electrical hazards at the museum on June 2.

As a core popular science education base in Anding District, the museum opens to primary and secondary school students and the public all year round. It is equipped with a wide variety of electromagnetic science exhibits, multimedia interactive devices, large LED screens and constant-temperature display cabinets. With dense power supply points, surging visitor flows during holidays and fluctuating power loads, the venue sets high requirements for power supply reliability.

During the inspection, two power operation and maintenance workers wore safety helmets, cotton work uniforms and protective gloves as required. Holding clamp meters, they opened wall-mounted distribution boxes one by one, carefully checked the operation of smart electricity meters and tightness of wire connections, and accurately measured circuit current and load data. They focused on hidden dangers such as aging wire insulation, loose terminal connections and inadequate dust and moisture protection of power distribution equipment.

Following the venue layout, the inspectors conducted patrols in sections across exhibition areas, public corridors and backstage equipment rooms. They filed and inspected dedicated power lines for interactive experiment stations, hall landscape lighting and large science popularization screens item by item. For irregular wiring inside some distribution boxes and missing protective sleeves on old branch lines found on site, maintenance workers tidied up wires and supplemented insulating accessories immediately to eliminate hidden risks on the spot.

In combination with the daily operation of the museum, the staff also shared practical tips with venue managers, including peak-shifting power use skills, key points of line inspection in hot and humid weather, and emergency response procedures for sudden power outages. They also gave hands-on guidance on troubleshooting simple daily faults.

The all-round inspection covered all power distribution facilities in the museum and removed multiple concealed electrical hazards, solidifying the foundation of power safety from the source. Going forward, State Grid Dingxi Anding District Power Supply Company will include the science and technology museum in the regular inspection list for key customers. In light of power consumption characteristics during peak research and study periods in winter and summer vacations, the company will conduct load prediction and power consumption optimization in advance. It will continue to deliver thoughtful and proactive power support to fuel the steady development of science popularization and education in Anding District.

View original content:https://www.prnewswire.com/apac/news-releases/state-grid-dingxi-anding-district-power-supply-company-on-site-inspection-for-electrical-hazards-to-ensure-stable-power-supply-for-anding-district-science-and-technology-museum-302793892.html

SOURCE State Grid Dingxi Anding District Power Supply Company

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Gustav Segerberg appointed new CFO of EQT AB

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STOCKHOLM, June 8, 2026 /PRNewswire/ —

Gustav Segerberg has been appointed Chief Financial Officer of EQT AB, effective as of July 18, 2026. He succeeds Kim Henriksson, who has decided to leave the role after nearly eight years as CFO and transition into a Senior Advisor role. Segerberg has held various senior positions at EQT over the past decade, most recently as Head of the CEO Office, and has been a member of the Executive Committee since 2022. He has played a crucial role in the growth of EQT, including driving EQT AB’s M&A activities and supporting the expansion into the private wealth space. During his tenure, Henriksson has played a central role in EQT’s development into a leading global publicly listed private markets firm. As a Senior Advisor Henriksson will focus on providing strategic support to EQT portfolio companies, including IPO preparations and public company governance.

Gustav Segerberg has been appointed as Chief Financial Officer (“CFO”) of EQT AB and will succeed Kim Henriksson, who has decided to step down following nearly eight years as CFO. The CFO transition is effective as of July 18, 2026. Henriksson will remain with EQT as a Senior Advisor, supporting an orderly transition and continuing to contribute his extensive experience to EQT and its portfolio companies.

Segerberg has been instrumental to EQT’s growth, both as a member of the Executive Committee and most recently as Head of the CEO Office. Segerberg has overseen EQT AB’s transformative M&A activities – including the combinations with Baring Private Equity Asia, Exeter Property Group and, most recently, Coller Capital1 – as well as organic growth initiatives like the expansion into private wealth.

CEO Per Franzén said: “Having worked closely with Gustav for many years, I have the utmost confidence in his ability. His deep understanding of EQT’s strategy, business model, and stakeholder relationships makes him exceptionally well placed to take on this role. Kim has been a deeply valued partner through one of the most transformative chapters in our firm’s history. I want to extend my sincere gratitude to him for his outstanding contributions to EQT to-date and am pleased that he will continue as a Senior Advisor to the benefit of our portfolio companies, clients and shareholders.”

Commenting on his appointment, Segerberg said: “I am honoured to be appointed CFO of EQT and look forward to working with our exceptional team to continue delivering for our shareholders. EQT is a truly unique firm with a strong culture, a clear strategic vision, and substantial opportunities ahead. I am committed to building on the strong financial foundation Kim has established and driving EQT’s continued growth.”

Under Henriksson’s leadership, EQT has established a highly professional finance function supporting the firm’s development into a leading global and transparent publicly listed private markets platform.

“It has been a privilege to serve as CFO of EQT since 2018 and to have been part of such an extraordinary growth journey. I am proud of what we have achieved together and confident that Gustav will be an outstanding CFO. I look forward to a smooth handover over the coming months and to thereafter work closely with EQT portfolio company boards, management teams and CFOs as a Senior Advisor, including supporting on IPO preparations and public company financial governance”, added Henriksson.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334

1The transaction is subject to customary closing conditions, including regulatory approvals and certain Coller Capital fund investor consent approvals, and is expected to close in mid to late Q3 2026.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/gustav-segerberg-appointed-new-cfo-of-eqt-ab,c4358924

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