GCC

EQS-News: Heidelberg Pharma announces financial figures and reports on successful business performance in 2023

Retrieved on: 
Wednesday, April 10, 2024

Minority interest in Emergence sold: In summer 2023, Heidelberg Pharma sold its minority interest in Emergence Therapeutics AG, Duisburg, Germany, (Emergence).

Key Points: 
  • Minority interest in Emergence sold: In summer 2023, Heidelberg Pharma sold its minority interest in Emergence Therapeutics AG, Duisburg, Germany, (Emergence).
  • As a result, Heidelberg Pharma lost sales revenue in the low single-digit millions for the 2023 financial year.
  • In April 2023, Heidelberg Pharma signed a termination agreement with Magenta under which all licensed ATAC rights and some Magenta patents were assumed by Heidelberg Pharma.
  • The Heidelberg Pharma Group includes two entities, Heidelberg Pharma AG and Heidelberg Pharma Research GmbH.

GCC Announces Q1 2024 Conference Call Details

Retrieved on: 
Tuesday, April 2, 2024

CHIHUAHUA, Mexico, April 02, 2024 (GLOBE NEWSWIRE) -- GCC, S.A.B.

Key Points: 
  • CHIHUAHUA, Mexico, April 02, 2024 (GLOBE NEWSWIRE) -- GCC, S.A.B.
  • de C.V. (BMV: GCC*), a leading producer of cement and concrete in the United States and Mexico, will host a conference call to review its first quarter 2024 earnings results on Wednesday, April 24 at 11:00 a.m. (ET).
  • Earnings results for the quarter ended March 31, 2024, will be released on Tuesday, April 23, after market close.
  • A replay of the webcast will be available the same day at 2:00 p.m. (ET) until May 1 at 11:59 p.m. (ET).

Canoo Enters a $30 Billion Market with Multiple Commercial Vehicle Sales in Saudi Arabia

Retrieved on: 
Tuesday, April 2, 2024

Jazeera Paints will initially purchase 20 Canoo's electric vehicles (EVs) into its fleet in 2024, with the option to expand up to 180 additional vehicles.

Key Points: 
  • Jazeera Paints will initially purchase 20 Canoo's electric vehicles (EVs) into its fleet in 2024, with the option to expand up to 180 additional vehicles.
  • This agreement taps into the Saudi Arabian EV market, which commands a total addressable market (TAM) of over $30 billion, and aligns with initiatives within the GCC region to enhance sustainable mobility solutions.
  • In addition, these electric commercial delivery vehicles provide Canoo with a first mover advantage in the Saudi market and a competitive position in the Gulf Cooperation Council (GCC) region.
  • Both companies anticipate this alliance will catalyze further innovation and collaboration, paving the way for a more sustainable and technologically advanced future in commercial transportation within the GCC and beyond.

Tranglo expands instant cross-border payments to over 30 eWallets

Retrieved on: 
Monday, April 8, 2024

SINGAPORE, April 8, 2024 /PRNewswire/ -- Leading fintech specialist Tranglo has announced an expansion of its cross-border payment network, enabling instant and direct transfers to more than 30 eWallets.

Key Points: 
  • SINGAPORE, April 8, 2024 /PRNewswire/ -- Leading fintech specialist Tranglo has announced an expansion of its cross-border payment network, enabling instant and direct transfers to more than 30 eWallets.
  • Tranglo Group CEO Jacky Lee said: "Our data shows that cross-border transactions to eWallets have doubled since 2021.
  • Tranglo helps financial institutions and businesses pay through Tranglo Connect , its proprietary cross-border payments solution.
  • With Tranglo Connect, companies can make payments to over 80 countries reliably and securely.

Global Orthodontic and Orthopedic Market Report 2024 Featuring Leading Industry Players - Henry Schein, Align Technology, Institut Straumann A, American Orthodontics, and Envista - ResearchAndMarkets.com

Retrieved on: 
Wednesday, April 3, 2024

The "Global Orthodontic and Orthopedic Market" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Orthodontic and Orthopedic Market" report has been added to ResearchAndMarkets.com's offering.
  • The report will provide details about the orthodontic devices used in the treatment of dental disease and facial dental surgery.
  • This includes devices used for aligning teeth, due to damage caused by trauma or genetic disorder, or any aesthetic purpose.
  • The report includes market projections for 2028 and market shares for key players.

Wildix Announces Entry into Saudi Arabia with AlJammaz Technologies Partnership

Retrieved on: 
Thursday, March 28, 2024

Wildix, a global innovator and leader in UC&C, today announced a strategic partnership with AlJammaz Technologies, marking a significant milestone in Wildix's global expansion.

Key Points: 
  • Wildix, a global innovator and leader in UC&C, today announced a strategic partnership with AlJammaz Technologies, marking a significant milestone in Wildix's global expansion.
  • By blending Wildix's innovative UC solutions with AlJammaz Technologies' expertise, this partnership is set to revolutionize business communications in Saudi Arabia.
  • “We are particularly proud of our new partnership with AlJammaz Technologies, a milestone that benefits us both enormously,” said Emiliano Tomasoni, CMO, Wildix.
  • “We are proud to partner with Wildix, an industry-leading player in the UC&C space,” said Adel Qahwash, General Manager, AlJammaz Technologies.

GCC Polyethylene Terephthalate Market Analysis Report 2024: PET's Role in Eco-Friendly Packaging Solutions and Versatility in Automotive Applications - Forecast to 2029 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 26, 2024

GCC PET market demand is forecasted to grow at a CAGR of 5.30% over the projected period of 2024-2029.

Key Points: 
  • GCC PET market demand is forecasted to grow at a CAGR of 5.30% over the projected period of 2024-2029.
  • GCC PET supply is expected to reach 3.61 million ton by 2029, while GCC PET demand in 2023 stood at 2.20 million ton.
  • Polyethylene Terephthalate (PET), formed by combining purified terephthalic acid (PTA) or dimethyl terephthalate with modified ethylene glycol, exhibits notable impact resistance and ensures food safety.
  • The GCC Polyethylene Terephthalate (PET) market is characterized by a moderately concentrated landscape with several established players vying for market share.

Global Green Hydrogen Market Outlook & Forecast 2024-2029, Featuring Key Player Profiles of Nel, ITM Power, ENGIE, Siemens Energy and Air Products and Chemicals - ResearchAndMarkets.com

Retrieved on: 
Monday, March 25, 2024

The global green hydrogen market is expected to grow at a CAGR of 53.53% from 2023 to 2029, reaching USD 84.03 Billion by 2029.

Key Points: 
  • The global green hydrogen market is expected to grow at a CAGR of 53.53% from 2023 to 2029, reaching USD 84.03 Billion by 2029.
  • Presently, the European region stands out as a leader in implementing green hydrogen commercialization plants and supports the growth of the green hydrogen market.
  • The global green hydrogen market is marked by a diverse competitive landscape, encompassing various technologies and players across different segments.
  • Several companies actively contribute to the industry's development, with competition arising from traditional hydrogen production methods, green hydrogen technology providers, and companies selling green hydrogen as an end product.

Pacific Prime Recognized as AIG’s Strategic Partner 2023

Retrieved on: 
Wednesday, March 20, 2024

Global health insurance broker, Pacific Prime Dubai has been awarded the AIG Strategic Partner Award 2023 in recognition for their outstanding performance in the growth in property and casualty policies (P&C policies) distribution with AIG in the UAE.

Key Points: 
  • Global health insurance broker, Pacific Prime Dubai has been awarded the AIG Strategic Partner Award 2023 in recognition for their outstanding performance in the growth in property and casualty policies (P&C policies) distribution with AIG in the UAE.
  • This is the first time that Pacific Prime has won an award in P&C in the Emirates.
  • View the full release here: https://www.businesswire.com/news/home/20240319518511/en/
    The AIG Strategic Partner Award 2023 is a major milestone for Pacific Prime Dubai as it expands its P&C presence in the MENA region.
  • (Photo: Business Wire)
    On behalf of AIG, Alexander Nezeritis — Head of Operations and Strategic Initiatives, GCC and North Africa at AIG presented the award to David Hayes — Regional CEO of Pacific Prime Dubai at Pacific Prime Dubai’s office alongside Sidharth Mohanty — Director of General Insurance, Pacific Prime Dubai and AIG delegates including Sunil Bambral — Head of Distribution, UAE at AIG, Vindhya Weligama — Underwriter, SME at AIG, and Rohan Srivastava — Business Development Manager, Broker Engagement at AIG on March 7, 2024.

Anghami and Rotana Renew Partnership and Expand Scope of Collaborations

Retrieved on: 
Tuesday, March 12, 2024

This commitment paves the way for an expanded array of releases and collaborations across various content over the next three years.

Key Points: 
  • This commitment paves the way for an expanded array of releases and collaborations across various content over the next three years.
  • Commenting on the announcement, Eddy Maroun, Co-Founder & CEO of Anghami, said: "We are excited to renew and broaden our partnership with Rotana, reaffirming our dedication to offering users content and experiences.
  • In addition to granting Anghami access to Rotana's extensive Arabic music catalog, the partnership will witness collaborative efforts including live concerts and artist collaborations, available on Anghami.
  • We are all confident that what is coming between Rotana and Anghami will help expand our presence by delivering Rotana music to listeners worldwide.”
    With this expanded partnership, Anghami and Rotana are set to redefine the music scene in the Arab world, offering fans in the MENA region an unmatched selection of content and live experiences.