Risk Management in 2022: Mitigating Risks from Nature and Managerial Failure
Uncertainty has Become the New Normal According to the IMF’s World Economic Outlook, global economic growth is forecast to slow from 3.2 per cent in 2022 to 2.7 per cent in 2023. The same report predicts a one-in-four probability that global growth will fall below 2 per cent in 2023. While the entire world had […]
ADX is the new hive for global investors in MENA
The UAE recently dropped all COVID-19 related restrictions. This also coincided with the announcement that Abu Dhabi’s GDP, in the first half of 2022, rose by 11 percent in comparison to the same period last year. The Statistics Centre – Abu Dhabi (SCAD) has reported an 11.7 percent YoY rise in Q2 of 2022. Another […]
Sabre and Conferma Pay announces partnership with Mastercard
Sabre Corporation, one of the leading software and technology provider that powers the global travel industry, and Conferma Pay, a global fintech firm that specializes in payment technology, today announced a new partnership with Mastercard to accelerate the use of virtual cards for business-to-business (B2B) travel payments. Today’s announcement builds on Sabre’s August 2022 acquisition of Conferma Pay. The […]
Valmet Automotive and Mapvision announces the development of pilot welding cell
Valmet Automotive and Mapvision introduce a flexible welding cell demonstration that takes automotive manufacturing a major step towards a self-adjusting production process. The pilot welding cell was taken into use recently in Valmet Automotive’s new Innovation Center as a part of the company’s Intelligent Manufacturing program. Valmet Automotive’s Intelligent Manufacturing program responds to the change […]
Mercedes-Benz issues its first Green Panda Bond
Mercedes-Benz International Finance B.V. successfully issued its first Green Panda Bond on November, 2022 with a size of RMB 500 million (approx. EUR 68 million), a term of two years and a coupon rate of 2.9 percent in the Chinese Interbank Bond Market. The bond, which was 3.1 times oversubscribed is guaranteed by Mercedes-Benz Group […]
BMW Group builds battery assembly at Plant Debrecen
The BMW Group is building a high-voltage battery assembly for the vehicles of the NEUE KLASSE at its site in Hungary. The battery assembly will be located on the site of the Debrecen vehicle plant, which started construction about six months ago. The company will create more than 500 additional jobs and invest over two […]
Biocytogen signs Antibody Agreement with ADC Therapeutics
Biocytogen Pharmaceuticals (Beijing) Co., Ltd. (“Biocytogen”) recently announced that it has entered into an evaluation and option agreement with ADC Therapeutics SA. Biocytogen will grant ADC Therapeutics a license to evaluate Biocytogen’s proprietary antibodies against three tumor targets, with an option to license selected antibodies at a later date for global ADC development and commercialization. […]
Fusion Enertech offers lithium investment and EDL Technical Support to Argentina
The delegation of Empresa Fusion Enertech International Pte. Ltd. was received last Friday, November, at the Olivos Residence by President Dr. Alberto Fernández and the Minister of Worship and Relations Exteriors, Lic. Santiago Cafiero. During the meeting, Mr. HUANG Huai, president of Fusion Enertech International Pte. Ltd. announced that the company will invest USD 1,200 […]
