Tag: INVESTMENT
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Haven1 Secures $4.6 Million in Funding to Transform DeFi and Tokenized Assets
Haven1 has raised $4.6 million in private funding, backed by notable investors including Animoca Brands and KuCoin Ventures. This funding aims to support its development as a premier blockchain for DeFi 2.0 and tokenized RWAs, addressing key industry inefficiencies. In public testnet phase, Haven1 already counts over 475,000 users and has processed more than 9…
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Ownership Structure and Its Implications for Yanbu National Petrochemical Company
Yanbu National Petrochemical Company is significantly influenced by public companies, holding 51% ownership, while individual investors control 44%. The Saudi Arabian Oil Company is the largest shareholder, suggesting substantial authority over corporate governance. Institutional presence signals stability amidst potential risks, and analysts’ forecasts provide insight into future performance for informed investment choices. Yanbu National Petrochemical…
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Building Resilient Banks in a Digital Era: Strategies for Success
The article delineates the pressing need for banks to integrate resilience into their operational frameworks amidst increasing technological failures. It outlines six foundational elements for enhancing resilience, emphasizing strategic alignment, critical service prioritization, organizational preparedness, automation, monitoring, and robust infrastructure. The discussion underscores the balance banks must achieve between innovation and reliability to meet customer…
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The Impact of Minimum Tax on Company Capital in Bangladesh
Entrepreneurs in Bangladesh are facing financial strain due to rigid minimum tax policies that do not consider profitability, exacerbated by political instability since July. The minimum tax ranges from 0.6% to 5% of turnover, with an additional 1% on export values. This has led to increased effective tax rates, burdensome financial impacts on companies, and…
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Henderson Land Celebrated as One of Asia’s Leading Green Companies
Henderson Land Development Company Limited has been recognized as one of Asia’s Top Green Companies at the ACES Awards 2024 for its sustainable development practices. The company implements innovative building designs to enhance energy efficiency and community well-being, exemplified by its flagship project, The Henderson. Henderson Land Development Company Limited, established in 1976 and publicly…
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Chinese M&A Activity Expected to Rise Amid Trump Tariff Threats
Chinese firms are likely to ramp up mergers and acquisitions in response to Donald Trump’s tariff threats, seeking to mitigate reliance on the U.S. market. Analysts tout M&A as a faster solution than traditional investments amid a challenging global economic climate. Despite a drop in overall outbound M&A activity this year, certain sectors are witnessing…
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Ocior Energy’s CEO Entangled in Adani Bribery Case Whilst Securing Major Deal
Ocior Energy’s CEO, Ranjit Gupta, implicated in the Adani bribery case, has secured a ₹10,000 crore pact with REC Ltd. while operating under legal scrutiny. With zero revenues and significant ambitions in the green energy sector, concerns arise regarding its viability, especially given the ongoing federal investigation into alleged corrupt payments. Industry experts caution that…
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El Batal for Investment Launches Rock Developments to Consolidate Real Estate Projects
El Batal for Investment has launched “Rock Developments,” consolidating real estate projects in Egypt, Canada, and Saudi Arabia with an initial capital of 6 billion EGP. The company aims to manage ten residential projects accommodating 7,000 families, with plans for expansion. In addition to real estate, El Batal intends to diversify into hospitality and healthcare…
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Deloitte Announces 2024 North America Technology Fast 500 Rankings
On November 21, 2024, Deloitte announced its North America Technology Fast 500 rankings, recognizing TG Therapeutics, Inc. as the fastest-growing company with a staggering 153,625% growth rate. The software industry leads the list, marking the 29th consecutive year with the largest representation. The average growth rate of the winners was 1,981%, reflecting strong trends in…
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China’s Strategic Growth of ‘Little Giants’ Surpasses 2025 Target
China has surpassed its 2025 goal of cultivating 10,000 small, privately-owned “little giant” firms, attaining a remarkable total of 14,600. This development reflects China’s efforts to enhance technological independence amidst US competition, with these firms playing a vital role in strategic sectors. The investment in research and development and the generation of patents highlight the…