MUSCAT, Oman, Nov. 22, 2024 /PRNewswire/ — Future Fund Oman (FFO), the latest investment initiative under Oman Investment Authority (OIA), has announced its first batch of approved investment projects. With a combined value exceeding US$ 2 billion, these projects include US$ 1.6 billion committed by foreign investors and US$ 571 million contributed by FFO. The… Continue reading FUTURE FUND OMAN LAUNCHES FIRST WAVE OF INVESTMENT PROJECTS WORTH OVER US$ 2 BILLION
Tag: Strategy
@niche: Workhorse Group’s Financial Struggles Threaten Operations Amid Capital Shortage003640
https://www.tipranks.com/news/company-announcements/workhorse-groups-financial-struggles-threaten-operations-amid-capital-shortage Workhorse Group (WKHS) has disclosed a new risk, in the Debt & Financing category. Workhorse Group faces substantial business risk due to its inability to generate or secure additional capital, which is crucial for meeting current and future customer demands and expanding operations. The company’s persistent negative cash flow from operating activities, reported at… Continue reading @niche: Workhorse Group’s Financial Struggles Threaten Operations Amid Capital Shortage003640
Arctech Inaugurates New European Headquarters in Madrid, Paving the Way for a Grand European Expansion
MADRID, Nov. 22, 2024 /PRNewswire/ — Arctech, the world’s leading solar tracking and racking solutions provider, celebrated the relocation of its European headquarters in Madrid, Spain, on November 18th with a ribbon cutting ceremony. The event was attended by Chairman and President Cai Hao, General Manager of EU market, Pedro Magalhaes, and other distinguished guests.… Continue reading Arctech Inaugurates New European Headquarters in Madrid, Paving the Way for a Grand European Expansion
FDA Granted Orphan Drug Designation of LBL-024, An Anti-PD-L1/4-1BB Bispecific Antibody Developed by Leads Biolabs, for Treatment of Neuroendocrine Cancer
NANJING, China, Nov. 22, 2024 /PRNewswire/ — Nanjing Leads Biolabs Co., Ltd. (hereinafter referred to as “Leads Biolabs”) announced that LBL-024, an anti-PD-L1/4-1BB bispecific antibody independently developed by the company with global intellectual property rights for the treatment of neuroendocrine cancer, has obtained Orphan Drug Designation (ODD) from the U.S. Food and Drug Administration (FDA).… Continue reading FDA Granted Orphan Drug Designation of LBL-024, An Anti-PD-L1/4-1BB Bispecific Antibody Developed by Leads Biolabs, for Treatment of Neuroendocrine Cancer
Northvolt takes major actions to support and enhance homegrown battery production platform
Operations to continue as usual during Chapter 11 reorganization process, with company meeting obligations to customers, vendors and employees Voluntary reorganization facilitates access to approximately $145 million in cash collateral and $100 million debtor-in-possession financing Process will help secure Northvolt’s long-term mission to establish a homegrown, Western industrial base for battery production STOCKHOLM – 21… Continue reading Northvolt takes major actions to support and enhance homegrown battery production platform
HANZA wins new customer in Germany
KISTA, Sweden, Nov. 22, 2024 /PRNewswire/ — HANZA AB, listed on Nasdaq Stockholm, continues to secure new business, and has entered a manufacturing partnership with a leading German company specializing in advanced measurement equipment for mechanical components. HANZA will manufacture control cabinets, a critical part of the customer’s state-of-the-art measurement systems, designed for demanding industries such… Continue reading HANZA wins new customer in Germany
Transport assets worth USD 400 bn in India exposed to climate hazards: Report
According to the report, in South Asia transport assets worth approximately USD 575 billion are exposed to climate hazards as of 2022, posing risks to a sector that contributes four to eight per cent of the region’s GDP. New Delhi, Transport assets worth approximately USD 575 billion in South Asia, including USD 400 billion in… Continue reading Transport assets worth USD 400 bn in India exposed to climate hazards: Report
@VW Group: Michael Dobrath on sustainability efforts at Porsche Switzerland009595
20/11/2024 Michael Dobrath, Business Development Manager at Porsche Schweiz AG, is dedicated to sustainability. In this interview, he shares how the ecological footprint can be reduced through innovative energy concepts and why social projects, like creating accessible hiking trails, are close to his heart. Michael, as the Business Development Manager at Porsche in Switzerland, you… Continue reading @VW Group: Michael Dobrath on sustainability efforts at Porsche Switzerland009595
LG Announces Organizational Changes to Propel Future Vision 2030
November 21, 2024 LG Announces Organizational Changes to Propel Future Vision 2030 Open share list Share this content. Strategic Restructuring to Enhance Synergy and Drive Growth in Key Business Areas SEOUL, Nov. 21, 2024 — LG Electronics (LG) today announced a series of organizational changes and executive appointments following the approval of its board of directors. This restructuring… Continue reading LG Announces Organizational Changes to Propel Future Vision 2030
Inaugural International MICE Summit (IMS) Convenes to Drive Business Events Sector’s Future in Saudi Arabia, Fastest-Growing G20 MICE Market
Over 1,000 global cross-industry and government leaders expected to attend three-day interactive program in one of the world’s fastest growing Meetings, Conferences, Incentives and Exhibitions (MICE) destinations. Saudi MICE market projected to expand exponentially with hallmark events such as World Expo 2030, expected to attract 40.7 million visits to KSA alone. Growing demand to be accommodated… Continue reading Inaugural International MICE Summit (IMS) Convenes to Drive Business Events Sector’s Future in Saudi Arabia, Fastest-Growing G20 MICE Market