Fintech PR
DIFC’s strategic initiatives drive Dubai’s emergence as a global hub for sustainable finance fundraising, leadership, innovation and capacity building
DIFC launches Sustainable Finance Catalyst to scale sustainable finance from Dubai enabled by first AI-driven sustainability knowledge hub.
Sustainable Finance Catalyst set to grow sustainable finance raised from Dubai to USD100 billion by 2030.
The Sustainable Finance Catalyst aims to support 1 million future sustainability leaders by providing easy access to curated sustainability training programmes, knowledge and toolkits, networking and events.
20% of Dubai Future District Fund allocated to back sustainability-driven tech and innovation ventures.
DIFC Awards 2023 Prototypes for Humanity Winners with Innovation Licence to accelerate growth.
The year-long Path to COP28 programme, co-delivered in partnership with GEFI culminates in a series of climate finance related events in DIFC from 3 to 8 December
DUBAI, UAE, Dec. 3, 2023 /PRNewswire/ — Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, today announced the launch of its Sustainable Finance Catalyst to mark COP28’s Finance Day.
DIFC’s Sustainable Finance Catalyst, which will be part of COP28’s legacy, aims to unlock opportunities and create impact beyond the conference. Building on DIFC’s position as the first global sustainable finance hub in MEASA, DIFC’s Sustainable Finance Catalyst will help scale sustainable finance flows from Dubai to USD100 billion by 2030. Enabled by the first AI-driven sustainability knowledge hub, the Catalyst will activate a network of strategic partners to train and grow its 1 million sustainability leaders; and grow its sustainability-driven start-up ecosystem 50 times its current size by 2030.
Hosted in the new DIFC Innovation One, the Sustainable Finance Catalyst is set to become Dubai’s first centralised intelligence unit focused on sustainable finance, investing in awareness, capability and innovation to accelerate the market from Dubai and provide faster and cost-effective ways for companies to access sustainability knowledge and data and sustainable financing, and develop key capabilities in this domain.
His Excellency Essa Kazim, Governor, DIFC, commented: “Aligning with DIFC’s 2030 Strategy to drive the future of finance, the aim of the first Sustainable Finance Catalyst in the MEASA region is to help grow sustainable finance flows from Dubai to USD100 billion by 2030, further unlocking access for the Global South.
To do so, DIFC has established a portfolio of training programmes and events in collaboration with the DIFC Academy and DIFC Innovation Hub, alongside leading experts, strategic partners, and government entities. The initiatives will further position DIFC and Dubai as a global hub for sustainable finance, enable continued upskilling of top talent, and amplify action on climate finance.”
Arif Amiri, Chief Executive Officer, DIFC Authority, said: “During DIFC’s Path to COP28 programme we have worked with the global industry to ensure we continue to make a tangible difference through cross-border collaboration and by setting a strong example of global best practice. The Sustainable Finance Catalyst is designed to help scale our efforts enabled by the first AI-driven sustainability knowledge hub, and a network of strategic partners that will train 1 million sustainability leaders and ultimately grow the Centre’s sustainability-driven start-up ecosystem 50 times its current size by 2030.”
Beyond the Sustainable Finance Catalyst, DIFC continues to be the region’s champion for addressing climate change and ESGs more broadly, spearheading a number of initiatives:
20% of Dubai Future District Fund allocated for sustainable innovation
As part of DIFC’s drive to nurture access to more sustainable finance funding, the Centre also announced that the Dubai Future District Fund will allocate up to 20% of the AED 1 billion fund to drive growth and back sustainability-driven tech and innovation start-ups and scale-ups, in collaboration with Dubai Future Foundation, in their capacity as founding partners of the fund.
The new fund is aligned with DIFC Strategy 2030 core pillars centred around shaping the future of finance and innovation, designed to boost access to finance for leading tech and innovation firms with a strong focus on innovative solutions set to tackle pressing global challenges.
DIFC and the Dubai Financial Market spearhead innovation for carbon market
Holistic emissions reductions across all sectors are required to limit global warming to 1.5 degree Celsius. Innovation in financing instruments is needed to help achieve that.
Recognising that the demand for carbon project financing within a progressive, transparent and robust regulatory environment will unlock future opportunities and help firms manage carbon reductions, the Dubai Financial Market (DFM), introduced a pilot programme for trading carbon credits in November, to be introduced in more detail during COP28.
DIFC’s engagement in the DFM Carbon Market Pilot exemplifies its commitment to enable sustainable finance, including the use of carbon markets to reduce emissions and help finance the transition to low-carbon economies. By actively participating, DIFC underscores the pivotal role the financial sector plays in addressing climate change.
DIFC awards 2023 Prototypes for Humanity winners with Innovation Licences
As founding partner and inaugural host of Prototypes for Humanity, DIFC is proud of its ongoing commitment to the global initiative. During his welcome address at the Prototypes for Humanity opening ceremony, held at the Museum of the Future earlier in the week, Arif Amiri, Chairman of the Board of Art Dubai and Chief Executive Officer, DIFC Authority, stressed the importance of supporting academic excellence that transcends boundaries and confronts global challenges head-on.
At the Prototypes for Humanity awards ceremony held at COP28, DIFC announced its continued commitment to supporting the next wave of entrepreneurs in sustainable innovation by providing projects selected for the 2023 Prototypes for Humanity with complementary Innovation Licences. The licence enables entrepreneurs to establish in DIFC and provides access to co-working spaces, mentorship and training, PE and VC networks and venture building studios.
At the DIFC Innovation Hub, home to MEASA’s largest cluster of FinTech and Innovation companies, Prototypes for Humanity participants, were welcomed by Mohammad Alblooshi, CEO of DIFC Innovation Hub, to discuss the future of innovation, growth opportunities in Dubai and how the eco-system can serve as a testbed for new technologies and help unlock access to funding.
First and largest COP-related programme for the finance industry
DIFC was the first Government entity to launch a programme to garner attention on climate matters ahead of COP28. The Centre launched its Path to COP28 in October 2022 in association with the Global Ethical Finance Initiative focused on rallying the finance industry to action on common goals: Financing Net Zero; Unlocking Islamic Finance; Financing Nature and Biodiversity; Financing Sustainable Development Goals.
Alongside the Path to COP28 programme of summits, roundtables, MoU agreements and training sessions, DIFC has mobilised climate action through a series of landmark environmental and sustainable finance initiatives.
Mobilising global climate finance talks and future-focused agreements
During COP28, DIFC is hosting the largest and most extensive series of events for the finance industry on climate issues, part of the Global Ethical Finance Initiative and DIFC Path to COP28 programme.
Running from 3 to 8 December, these events include a lecture series relating to perspectives on profit and purpose from Scottish Enlightenment economist Adam Smith and famed Arab social theorist Ibn Khaldun; the signature Climate Finance Summit; Unlocking Islamic Finance Summit; and a series of high-impact sessions in the Sustainable Development Goals Hive.
Under a Memorandum of Understanding recently signed by DIFC Academy and UK-based Chartered Banker Institute, the oldest banking institute in the world, the two entities have partnered to deliver two certifications in ‘Green and Sustainable Finance’ and ‘Climate Risk’. Both initiatives will be rolled out by the DIFC Academy under the Sustainable Finance Catalyst.
Through the DIFC-chaired Dubai Sustainable Finance Working Group, three action-focused reports were published to help businesses in the UAE build resilience to the impact of climate change and move the economy to Net Zero.
Earlier this year, DIFC became the first financial centre in the region to announce its green finance framework, with a positive Second Party Opinion review by S&P Global Ratings.
CONTACT: ASDA’A BCW | +9714 4507600
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STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.
The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.
To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.
The webcast can be followed live here and a recording will be available afterwards.
Information on EQT AB’s financial reporting
The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.
The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.
Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]
Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826
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Invitation to presentation of EQT AB’s Q1 Announcement 2024 |
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- Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
- Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
- Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
- Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
- PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
- Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
- 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
- CEO reaffirms Kia’s commitment to ESG management
SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.
Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.
During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.
The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.
“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”
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VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.
As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.
The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.
Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.
About BioVaxys Technology Corp.
BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.
ON BEHALF OF THE BOARD
Signed “James Passin“
James Passin, Chief Executive Officer
Phone: +1 646 452 7054
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