(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a US$100 million loan to Banque Misr in Egypt, aimed at supporting micro, small, and medium-sized enterprises (MSMEs). The funding will enable Banque Misr to expand its operations … Read the full press release
Posted in Banks, Economy, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Banque Misr, EBRD, economy, EGYPT, loan, partnership, small business, SMEs
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Climate Governance Initiative (CGI) have collaborated to launch Chapter Zero Egypt, a platform aimed at promoting effective climate governance practices among businesses and financial institutions in Egypt. Chapter … Read the full press release
Posted in Banks, Business, Economy, Environment, Industrial, Investment, Management, News, United Kingdom
Tagged "Chapter Zero Egypt", Ahmed El Sewedy, CGI, climate change, Climate Governance Platform, EBRD, economy, Julie Baddeley, Khalid Hamza, partnership, sustainability, Tarek El Molla, Yasmine Fouad
(IN BRIEF) The European Investment Bank (EIB) has provided a €460 million loan to Italy’s Hera Group to support its green transition and sustainability goals. The loan aims to strengthen integrated water services, increase renewable energy production, promote energy efficiency, … Read the full press release
(IN BRIEF) Continental has been chosen as the exclusive tire supplier for the new Brabus 930, the most powerful supercar in Brabus’ lineup. The car will be equipped with Continental tires, with size 275/35 ZR 21 at the front and … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News, Technology
Tagged 275/35 ZR 21, 335/25 ZR 22, Brabus, Brabus 930, Continental, Powerful Supercar, Tire Supplier
(IN BRIEF) SEB has successfully completed its latest share buyback program, repurchasing SEK 1.25 billion worth of Class A shares. Following this, the Board of Directors has decided to initiate a new buyback program of the same value. The new … Read the full press release
Posted in Banks, Financial, Industrial, Investment, Management, News, Sweden
Tagged Financial, investment, SEB, Share Buyback Program
(IN BRIEF) TotalEnergies, Aramco, and SABIC have achieved a significant milestone in the Middle East and North Africa by successfully converting plastic waste-derived oil into ISCC+ certified circular polymers. The plastic pyrolysis oil was processed at the SATORP refinery in … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, France, Industrial, Management, News, Technology
Tagged Aramco, Bernard Pinatel, Certified Circular Polymers, Middle East, Mohammed Y. Al Qahtani, North Africa, partnership, plastic waste, SABIC, Sami Al-Osaimi, sustainability, TotalEnergies, waste management
(IN BRIEF) Michelin has been honored with the AutomotiveINNOVATIONS Award 2023 in Frankfurt for its road-approved car tires containing 45% sustainable materials. The award recognizes Michelin’s commitment to producing tires made entirely from sustainable materials by 2050, with an interim … Read the full press release
Posted in Automotive, Awards, Business, Environment, France, Industrial, Management, News, Technology
Tagged AutomotiveINNOVATIONS Award, Awards, Car Tire, Eric Vinesse, INNOVATION, Michelin, partnerships, sustainability, sustainable materials
(IN BRIEF) Michelin is expanding its CROSSGRIP range with the addition of two new dimensions: 480/70R20 and 480/80R26. Designed for various vehicles, including industrial, agricultural, and handling equipment, the CROSSGRIP range offers exceptional versatility on roads, grass, and snow. The … Read the full press release
Posted in Automotive, Business, France, Industrial, Management, News, Technology
Tagged 480/70R20, 480/80R26, Michelin, MICHELIN CROSSGRIP, performance, tire, Versatility
(IN BRIEF) SEAT S.A., under the leadership of President Wayne Griffiths, has confirmed plans to construct a battery cell assembly plant in Martorell. The company has applied to the new Battery PERTE VEC and intends to invest an additional 300 … Read the full press release
(IN BRIEF) Barclays has announced the expansion of its M&A franchise through the appointment of Dan Grabos as Co-Head of Americas M&A, alongside Larry Hamdan. In addition to his new role, Grabos will continue serving as Co-Head of Industrials M&A. … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged appointments, Barclays, Dan Grabos, Gary Posternack, Ihsan Essaid, Jonathan Gerst, Larry Hamdan, leadership, M&A Franchise
(IN BRIEF) Aegon has disclosed that a coupon rate of 3.93894% has been established for the USD Perpetual Capital Securities. Due to the discontinuation of USD LIBOR, the calculation agent was unable to determine the necessary swap rates. As a … Read the full press release
Posted in Banks, Business, Financial, Industrial, Insurance, Investment, Management, Netherlands, News
Tagged Aegon, Coupon Rate, Financial
(IN BRIEF) Nathalie Bricker has been appointed Global Head of Finance & Strategy at Natixis Investment Managers, the asset management arm of Groupe BPCE. Currently serving as Chief Financial Officer for Groupe BPCE’s global businesses, Bricker will report to Tim … Read the full press release
Posted in Banks, Business, Financial, France, Industrial, Investment, Management, News
Tagged appointment, Groupe BPCE, leadership, Nathalie Bricker, Natixis Investment Managers, Stéphane Morin, Stéphanie Paix, Tim Ryan
(IN BRIEF) The European Investment Bank (EIB) has taken significant steps to promote sustainable development in Chile during the EU-CELAC Summit of Heads of State and Government. The EIB announced its first-ever residential mortgage-based loan outside the EU, providing €200 … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Banco del Estado de Chile, Chile, Diego Pardow, EBRD, EU-CELAC Summit of Heads of State and Government, Gabriel Boric, partnership, Renewable hydrogen, sustainability, Ursula von der Leyen, Werner Hoyer
(IN BRIEF) The European Investment Bank (EIB) and Banco Santander (Brasil) have signed a €300 million loan agreement to promote the use of renewable energy in Brazil. The loan will support the installation of small-scale solar photovoltaic plants, primarily on … Read the full press release
(IN BRIEF) Siemens has introduced two new versions of its Sentron 3WA Power Circuit Breakers to improve electrical distribution capabilities. The 3WA3 series meets both UL 1066 and IEC 60947-2 standards, allowing worldwide use and benefiting manufacturers operating in IEC … Read the full press release
Posted in Electronics & Machinery, Germany, Industrial, Switzerland, Technology
Tagged Andreas Matthé, circuit breakers, Critical Infrastructure, electrical distribution, IEC 60947-2, panel builders, Power Circuit Breakers, Sentron 3WA, Sentron 3WA Power Circuit Breakers, Siemens, switchgear manufacturers, UL 1066
(IN BRIEF) Holcim, a global building materials leader, has secured three grants from the EU Innovation Fund for its breakthrough Carbon Capture Utilization and Storage (CCUS) projects in Belgium, France, and Croatia. These grants support Holcim’s efforts to advance the … Read the full press release
Posted in Belgium, Business, Construction, Croatia, Environment, European Union, Financial, France, Industrial, Switzerland, Technology
Tagged Carbon Capture Utilization and Storage, CCUS projects, circular construction, clean technologies, clean-tech projects, decarbonizing cement, eM-Rhône, EU Innovation Fund, European Union, EU’s Green Deal, GO4ZERO, holcim, KOdeCO, Miljan Gutovic
(IN BRIEF) Vodafone is leveraging network slicing technology to provide business customers with dedicated slices of the network to support on-demand, secure, and reliable connectivity. Network slicing allows the creation of virtual networks that can be isolated and optimized for … Read the full press release
Posted in Business, Industrial, Internet & Online, Management, News, Technology, Telecom, United Kingdom
Tagged 5G, Alberto Ripepi, Amanda Jobbins, Business, connectivity, Network slicing, public, technology, telecommunications, vodafone
(IN BRIEF) Terna’s Driving Energy Award 2023 – Contemporary Photography has received a record number of participants, with 2,800 photographs submitted from all regions and provinces of Italy. The second edition of the award focuses on the theme “In praise … Read the full press release
Posted in Art & Culture, Awards, Business, Energy, Gas & Oil, Industrial, Italy, Management, Media, News
Tagged Award, contemporary photography, Driving Energy Award 2023, Marco Delogu, Terna
(IN BRIEF) Dr Sultan Al Jaber, Chairman of Masdar, and Ignacio Galán, Executive Chairman of Iberdrola, met in Madrid to discuss increasing renewable energy capacity and supporting global net-zero goals. The meeting took place ahead of the UAE hosting the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Spain
Tagged Dr Sultan Al Jaber, Ignacio Galán, Masdar, net-zero, partnership, Renewable Energy Iberdrola, Spain, sustainabilty, UAE
(IN BRIEF) Société du Grand Paris has awarded a €2.71 billion design-build contract to a consortium led by VINCI Construction and VINCI Energies for the first section of Line 15 West of the Grand Paris Express. The project includes the … Read the full press release
Posted in Business, Construction, France, Industrial, Infrastructure & Utilities, Management, News
Tagged consortium, contract, Grand Paris Express Line 15 West, partnership, VINCI
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