– These projects entail the establishment of a new Nobu Hotel and residential enclave within Cairo and as well as on the renowned North Coast CAIRO, Egypt, Aug. 30, 2023 /PRNewswire/ — SODIC, Egypt’s leading real estate developer, in partnership with Nobu Hospitality, the globally acclaimed luxury lifestyle brand, announces plans for a comprehensive expansion… Continue reading SODIC Expands in Egypt with the Addition of Two Luxury Hotels, Restaurants, and Residential Projects with Nobu Hospitality
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RTX receives DoD funding for GhostEye® MR radar development and experimentation
ARLINGTON, Va., Aug. 30, 2023 /PRNewswire/ — Raytheon, an RTX business, has been awarded $7 million to advance development and assessment of the company’s GhostEye® MR radar, an advanced medium-range sensor for the National Advanced Surface-to-Air Missile System, or NASAMS. These are the first government contracts for GhostEye MR, a multi-mission radar designed and developed by… Continue reading RTX receives DoD funding for GhostEye® MR radar development and experimentation
Kamux will move two showrooms in Halmstad and Linköping, Sweden, to larger premises
ESPOO, Finland, Aug. 30, 2023 /PRNewswire/ — Kamux, a company specializing in used car sales, focuses its operations on larger showrooms in line with its strategy and moves two showrooms operating in Halmstad and Linköping, Sweden, to larger premises at the beginning of September 2023. Kamux has a total of 23 showrooms in Sweden. The showrooms… Continue reading Kamux will move two showrooms in Halmstad and Linköping, Sweden, to larger premises
XCMG Machinery Officially Launches Its Saudi Arabia Subsidiary Company
Further Enhance XCMG’s Service Capacity on After-Sale, Buyback Options, Maintenance and Repair, and Spare Parts Warehousing in the Middle East RIYADH, Saudi Arabia, Aug. 30, 2023 /PRNewswire/ — Leading construction machinery manufacturer XCMG Machinery (“XCMG”, SHE:000425) has officially launched its Saudi Arabia subsidiary company in Riyadh, to anchor the establishment of a more comprehensive sales… Continue reading XCMG Machinery Officially Launches Its Saudi Arabia Subsidiary Company
Emerging Economies and EV Production Capacity Expansion in Southeast Asia Provide Lucrative Opportunities for 2023 Asia-Pacific Electric Car Market
DUBLIN, Aug. 31, 2023 /PRNewswire/ — The “Asia Pacific Electric Passenger Car Market By Type, By propulsion type, By Battery Capacity, By Country, Competition Forecast & Opportunities, 2018- 2028F” report has been added to ResearchAndMarkets.com’s offering. The Asia-Pacific electric passenger car market is poised for rapid growth, driven by a combination of favorable government policies, increased… Continue reading Emerging Economies and EV Production Capacity Expansion in Southeast Asia Provide Lucrative Opportunities for 2023 Asia-Pacific Electric Car Market
Saothair Capital Partners Completes the Acquisition of MJM Yachts
RADNOR, Pa., Aug. 31, 2023 /PRNewswire/ — Saothair Capital Partners, LLC (“Saothair”), a private equity firm focused exclusively on investing in middle-market manufacturing and industrial companies, announced it has acquired the business and assets of MJM Yachts (“MJM”) through Seolta Holdings, LLC (“Seolta”), a newly-formed affiliate. Founded in 2002 by Robert Johnstone and based in… Continue reading Saothair Capital Partners Completes the Acquisition of MJM Yachts
Hyundai, LG to spend $2 billion more on Georgia battery plant
Hyundai logo is seen during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Wolfgang Rattay/File Photo Acquire Licensing Rights Aug 31 (Reuters) – Hyundai Motor Group (005380.KS) and LG Energy Solution (373220.KS) will boost their joint investment in a Georgia battery manufacturing plant by $2 billion and add 400 additional jobs,… Continue reading Hyundai, LG to spend $2 billion more on Georgia battery plant
Volvo Financial Services, Junior Achievement Worldwide Share the Power of Financial Literacy with 14,000 Youth
GREENSBORO, N.C., Aug. 31, 2023 /PRNewswire/ — Volvo Financial Services (VFS) recently completed a yearlong collaboration with JA (Junior Achievement) Worldwide, bringing a message of economic empowerment through financial literacy education to more than 14,000 youth in Brazil, France, India, Italy, Peru, South Africa, Spain, the United Kingdom and the United States. In total, more… Continue reading Volvo Financial Services, Junior Achievement Worldwide Share the Power of Financial Literacy with 14,000 Youth
SYSTRA integrates three Atkins entities in Sweden, Denmark and Norway and strengthens its presence in Scandinavia
– SYSTRA has finalised the acquisition of the Swedish, Danish and Norwegian entities of Atkins, SNC-Lavalin Group, following the agreement reached on 7 July – With these 770 new employees, SYSTRA becomes a leading Scandinavian player in the field of transport infrastructure engineering and consultancy PARIS, Aug. 31, 2023 /PRNewswire/ — SYSTRA, a global engineering and consultancy… Continue reading SYSTRA integrates three Atkins entities in Sweden, Denmark and Norway and strengthens its presence in Scandinavia
Yang Dongsheng: XCMG to Accelerate Glocalization, Advancing the Collaborative Industry Chain in the Americas
ATLANTA, Aug. 31, 2023 /PRNewswire/ — Yang Dongsheng, CEO and chairman of XCMG Machinery (“XCMG,” SHE:000425), is visiting the group’s R&D center, factories, sales, and operation branches in the U.S., Mexico, and Brazil, standing firmly by its international development principle with confidence to advance industry chain collaboration in the U.S. and further promote localized development in… Continue reading Yang Dongsheng: XCMG to Accelerate Glocalization, Advancing the Collaborative Industry Chain in the Americas