Digitalisation of financial services has become a core focus of UAE government
Initial phase offering payables finance solution now live
EL DORADO HILLS, Calif., Oct. 13, 2020 /PRNewswire/ — Patra, a leading provider of technology-enabled solutions for the insurance industry, along with AmWINS Group, CRC Group, Heffernan Insurance Brokers, are among the leading companies that have formed InsurConneXtions Alliance, a strategic alliance that will prioritize, develop, and integrate specific technology solutions into critical insurance processes – for the purposes of driving processing efficiencies and industry standards.
The Insurance industry will need to rapidly adopt technology to drive efficiencies and economic value for our customers
The formation of InsurConneXtions represents leaders across insurance technology, brokerage, wholesale, and specialty insurance, and represent over $50 Billion in Insurance premiums.
With a multitude of decisions and rapid changes facing the insurance industry, collaboration and cooperation is required to accelerate the integration of technology into critical and high-volume processes. The charter members of the Alliance are well positioned to leverage their expertise, experience, and market
SINGAPORE: Singapore’s first institute dedicated to green finance research and talent development was launched on Tuesday (Oct 13) by the Imperial College Business School and Lee Kong Chian School of Business at Singapore Management University (SMU).
The institute is supported by the Monetary Authority of Singapore and its launch was announced by the central bank’s managing director Ravi Menon during his keynote speech at the Financial Times’ Investing for Good Asia conference.
“MAS is committed to developing a vibrant green finance research and talent ecosystem in Singapore,” he said.
“The Singapore Green Finance Centre will be an important part of this ecosystem.”
The finance centre will draw on the strengths of Imperial College and SMU in climate science, financial economics and sustainable investing, MAS said in a joint news release with the two schools.
Digitalisation of financial services has become a core focus of UAE government
Initial phase offering payables finance solution now live
Abu Dhabi: Emirates Development Bank (EDB) today announces the launch of UAE’s National Supply Chain Finance (SCF) platform, giving UAE businesses improved access to working capital by enabling suppliers to gain quicker access to money owed, while buyers get more time to pay off their invoices.
The project is supported by the UAE Federal Government and was developed through the close collaboration between Emirates Development Bank, the International Finance Corporation (IFC), a member of the World Bank Group and HPD LendScape.
The initial phase of the project, offering a payables finance solution, has now gone live. The next phase is set to provide a comprehensive suite of buyer and supplier centric SFC variations, including Islamic Finance products.
Faisal Aqil Al Bastaki, Chief Executive Officer of EDB, said:“With SME’s
Investors in Centennial Resource Development, Inc. CDEV need to pay close attention to the stock based on moves in the options market lately. That is because the Jan 15, 2021 $1.00 Call had some of the highest implied volatility of all equity options today.
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
Clearly, options traders are pricing in a big move for Centennial Resource Development shares, but what is the fundamental picture for
Perhaps one of the most admirable of Lewis Hamilton’s characteristics is a reluctance to aggrandise his success. Often his reaction when prompted is one of genuine, faint disbelief. This weekend at the Eifel Grand Prix a victory for the world champion would equal Michael Schumacher’s record of 91 Formula One wins. Should Hamilton do so it will be an achievement that, as much as he might not believe it, places him as one of the greats in the sporting pantheon and a pivotal force in the history of Formula One.
© Provided by The Guardian
Photograph: Toshifumi Kitamura/AFP/Getty Images
© Photograph: Toshifumi Kitamura/AFP/Getty Images
Lewis Hamilton, then with McLaren, chats with Michael Schumacher of Mercedes before the Japanese Grand Prix at Suzuka in October 2010.
There is symbolism, too, about the venue of his second attempt to equal the mark; the Nürburgring is only 50 miles from Kerpen, where the
Months in the making, a development with new homes, restaurants and stores will begin taking shape in North Richland Hills on vacant land where a shopping mall once stood.
Mehrdad Moayedi, president and CEO of Centurion American Development Group, and community leaders broke ground this week on the 52-acre City Point project on Grapevine Highway in Tarrant County.
The Dallas Morning News reported last fall that Moayedi’s firm was designing a residential and commercial project for the property, which also includes North Richland Hills’ new City Hall and a public safety and municipal court complex.
“We are excited to celebrate the next chapter in the life of this property,” Mayor Oscar Trevino said during the ceremony.
Centurion American’s plan includes 366 single-family homes, 400 to 600 multifamily units, parks and trails and 60,000 square feet of commercial development, according to the company. It will take around seven years to complete.
CLEVELAND, Ohio — One of the most contentious political debates in Northeast Ohio this year is not about the presidential election, control of the Senate or even the Ohio Statehouse corruption scandal.
It’s about zoning in Pepper Pike.
Hundreds of yard signs bearing the phrase “No to Mixed-Use” are scattered throughout the small, well-to-do far-eastern suburb. They line the sidewalk-less residential streets as part of an effort that opposition organizer Manny Naft said aims to keep the city’s “bucolic” nature.
The signs refer to a measure on the Nov. 3 ballot to change the zoning for a 68-acre tract of land owned by behavioral health services nonprofit Beech Brook, along with two smaller adjoining lots. The issue has divided the community.
The division resulted in online bickering, contentious town hall meetings, threats of defamation lawsuits and even unused condoms left at Axiom Development Principal Bryan Stone’s home.
Stone, who lives
GRAND RAPIDS, MI — A Columbus, Ohio-based development company want to demolish a funeral home on Grand Rapids’ Northwest Side and build two, four-story apartment buildings for low- to moderate-income residents.
Craig Patterson, senior vice president of Woda Cooper Companies, said his firm plans to apply for state low-income housing tax credits to finance the two buildings at 585 Stocking Ave. NW and 601 Stocking Ave. NW.
The buildings would contain 58 apartments.
If financing is secured and all necessary approvals for the estimated $16.7 million project are received, Patterson said his company would demolish the Arsulowicz Brothers Mortuary building at 585 Stocking Ave. NW.
Stephen Arsulowicz, of Arsulowicz Brothers Mortuary, could not be reached for comment Tuesday afternoon. In addition to the Stocking location, the company has locations at 937 Michigan Ave. NE and 3535 Remembrance Rd. NW in Walker.
Patterson said the project is important because there is
Re-Affirms Plan to File IND Application by the End of 1Q21, Begin Phase 1 Study in Early 2Q21
Oragenics, Inc. (NYSE American: OGEN) (“Oragenics” or the “Company”) announced receipt of feedback to its Type B Pre-IND Meeting Request from the U.S. Food and Drug Administration (“FDA”) that it is in broad agreement with the Company’s planned approach to clinical development of its SARS-CoV-2 vaccine, Terra CoV-2. As a result, the Company believes its timelines for both filing an Investigational New Drug (“IND”) application and the commencement of the Phase 1 study will proceed on schedule. Oragenics expects to file the IND by the end of the first quarter of 2021 and commence patient enrollment in the Phase 1 clinical study early in the second quarter of 2021.
“We are very pleased with the FDA’s response to our Type B Pre-IND meeting request as it permits us to maintain an aggressive
By Agustinas Beo Da Costa and Fransiska Nangoy
JAKARTA, Sept 30 (Reuters) – Italy’s Eni ENI.MI is expected to take over the Indonesian Deepwater Development (IDD) project as operator Chevron CVX.N sells its interest in the gas venture, the chairman of the country’s upstream oil and gas regulator said on Wednesday.
Chevron confirmed in January its plan to sell its 62% interest in IDD project as the company makes global changes to cut costs and streamline operations.
Eni is already a partner in the project, along with China’s Sinopec.
SKK Migas chairman Dwi Soetjipto told lawmakers that discussions were at the “finalisation process”.
“There are many positive aspect to Eni replacing Chevron, such as reducing the size of investment to production facilities and (IDD) can be connected to Eni’s Jangkrik gas field,” he said.
Eni did not immediately respond to a request for comment.
Chevron declined to give details
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