MXN

AM Best Affirms Credit Ratings of CESCE México, S.A. de C.V. and CESCE Fianzas México, S.A. de C.V.

Retrieved on: 
木曜日, 5月 23, 2024
Banking, Professional Services, Insurance, Finance, Credit, Superior, News, ERM, CIAC, Good, MXN, ALL, Policy, AM Best, Risk management

Partially offsetting these positive rating factors for CESCEM and CESCEF are the competitive market dynamics in Mexico’s credit insurance and surety segments.

Key Points: 
  • Partially offsetting these positive rating factors for CESCEM and CESCEF are the competitive market dynamics in Mexico’s credit insurance and surety segments.
  • CESCEM specializes exclusively in credit insurance and ranks in the top five of Mexico’s credit insurance segment.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

GoFundMe Expands to Mexico

Retrieved on: 
火曜日, 4月 23, 2024
Professional Services, Philanthropy, Apps, Applications, Technology, Crowdfunding, Fund Raising, Finance, MXN, Growth

GoFundMe today announced its expansion into Mexico, one of the largest economies in Latin America.

Key Points: 
  • GoFundMe today announced its expansion into Mexico, one of the largest economies in Latin America.
  • Mexico becomes the 20th country fully supported on the GoFundMe platform and is the company's first international expansion in nearly six years.
  • “Launching in our 20th country is a huge milestone which will provide people across Mexico with a safe, easy, and powerful way to raise money for the people and causes they care about. "
  • GoFundMe is experiencing rapid adoption throughout the world, with 400% growth in donation volume in non-English language countries over the last six years.

Cox Energy, Coxabengoa’s Energy Division, Tripled Its Revenues During 2023 to 1,279 Million Mexican Pesos, With an EBITDA of More Than 350 Million Mexican Pesos

Retrieved on: 
木曜日, 2月 29, 2024
Acquisition, Engineering, MXN, Growth, Plant, Cryptocurrency

The company increased its revenues by 200% over the previous year, reporting a consolidated revenue for 2023 of 1,279.3 million MXN.

Key Points: 
  • The company increased its revenues by 200% over the previous year, reporting a consolidated revenue for 2023 of 1,279.3 million MXN.
  • Cox Energy at the close of 2023 had an advanced pipeline totaling 3.3GW of energy, with 57 projects in different stages of development, construction and operation, including 5 projects in operation totaling 383MW.
  • MEXICO CITY, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Cox Energy, Coxabengoa's energy division, recorded a 200% increase in revenues during 2023 compared to the previous year.
  • In addition, energy trading revenues in Mexico grew by 25% during the year, contributing to the increase in consolidated revenues.

Laureate Education Reports Financial Results for the Fourth Quarter and Full-Year 2023 and Provides 2024 Outlook

Retrieved on: 
木曜日, 2月 22, 2024
Laureate Education, Laureate, Share repurchase, PEN, Interest, MXN, Growth, Adjustment, Line of credit, Faculty, GAAP, FX, Student, Video game

Operating income for the fourth quarter of 2023 was $110.0 million, compared to $78.0 million for the fourth quarter of 2022.

Key Points: 
  • Operating income for the fourth quarter of 2023 was $110.0 million, compared to $78.0 million for the fourth quarter of 2022.
  • Net income for the fourth quarter of 2023 was $41.7 million, compared to net income of $39.1 million for the fourth quarter of 2022.
  • Adjusted EBITDA for the fourth quarter of 2023 was $131.3 million, compared to $94.8 million for the fourth quarter of 2022.
  • Operating income for the fourth quarter of 2023 was $110.0 million, compared to $78.0 million for the fourth quarter of 2022, an increase of $32.0 million.

Netherlands Lubricant Market Gears Up for Sustainable Growth: Booming Industrial Demand and Eco-Conscious Consumers Drive 5.4% CAGR by 2028: Ken Research

Retrieved on: 
水曜日, 2月 21, 2024
Research, Automotive industry, Investment, Mineral, Synthetic, Lubricant, Transport, MXN, Oil, Automation, Wind, Distribution

Related Reports by Ken Research: –

Key Points: 
  • Related Reports by Ken Research: –
    The market will grow at a CAGR of 4.2% during 2022-2027 due to increase in fuel cost & rising customer preference.
  • Major investments in petrochemicals, manufacturing, & logistics will uplift the need for lubricants in machinery, processing plants & transportation fleets Stricter global emission norms & environmental standards for machinery & vehicles to heighten demand for eco-friendly lubricants.
  • Moreover, an ever-evolving e-commerce sector & demand for renewable energy serve as major opportunities for the market.
  • According to Ken Research estimates, the Nigeria Lubricants Market which grew at a CAGR of ~% from 2017-2022P & is forecasted to grow at a CAGR of ~% from 2023F-2027F owing to an increasing demand for expanding wind energy sector & rising demand for high performance lubricants.

Netherlands Lubricant Market Gears Up for Sustainable Growth: Booming Industrial Demand and Eco-Conscious Consumers Drive 5.4% CAGR by 2028: Ken Research

Retrieved on: 
水曜日, 2月 21, 2024
Research, Automotive industry, Investment, Mineral, Synthetic, Lubricant, Transport, MXN, Oil, Automation, Wind, Distribution

Related Reports by Ken Research: –

Key Points: 
  • Related Reports by Ken Research: –
    The market will grow at a CAGR of 4.2% during 2022-2027 due to increase in fuel cost & rising customer preference.
  • Major investments in petrochemicals, manufacturing, & logistics will uplift the need for lubricants in machinery, processing plants & transportation fleets Stricter global emission norms & environmental standards for machinery & vehicles to heighten demand for eco-friendly lubricants.
  • Moreover, an ever-evolving e-commerce sector & demand for renewable energy serve as major opportunities for the market.
  • According to Ken Research estimates, the Nigeria Lubricants Market which grew at a CAGR of ~% from 2017-2022P & is forecasted to grow at a CAGR of ~% from 2023F-2027F owing to an increasing demand for expanding wind energy sector & rising demand for high performance lubricants.

AM Best Assigns Credit Ratings to Fianzas Avanza S.A de C.V.

Retrieved on: 
木曜日, 2月 15, 2024
Professional Services, Data Analytics, Other Professional Services, Insurance, Finance, Consulting, Superior, ALL, Risk management, News, MXN, AM Best, Growth, Good, Credit, Uncertainty

The outlook assigned to these Credit Ratings (ratings) is stable.

Key Points: 
  • The outlook assigned to these Credit Ratings (ratings) is stable.
  • The ratings of Fianzas Avanza also reflect its strongest level of risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), adequate reinsurance program and liquid investment strategy.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Qatar Lubricants Market Set for Sustainable Growth, Projected CAGR of 4.2% by 2027

Retrieved on: 
火曜日, 2月 6, 2024
Mineral, MXN, Wind, Marine Industries, Research, Automotive industry, Distribution, Oil, Manufacturing, Lubricant, Automation, Synthetic

Related Reports by Ken Research: –

Key Points: 
  • Related Reports by Ken Research: –
    According to Ken Research estimates, the Netherlands Lubricants market is growing at a steady rate with a CAGR at ~3% owing to the country's high oil imports.
  • Up-scaling Manufacturing Industry, Escalating Construction, Automotive and Marine Industries are major growth drivers for Netherlands Lubricants Market.
  • Moreover, an ever-evolving e-commerce sector & demand for renewable energy serve as major opportunities for the market.
  • According to Ken Research estimates, the Nigeria Lubricants Market which grew at a CAGR of ~% from 2017-2022P & is forecasted to grow at a CAGR of ~% from 2023F-2027F owing to an increasing demand for expanding wind energy sector & rising demand for high performance lubricants.

Mexico Construction Industry Report 2024: Output was Set to Grow by 12.8% in Real Terms in 2023 - Commercial, Industrial, Infrastructure, Energy, Institutional and Residential Forecasts to 2027 - ResearchAndMarkets.com

Retrieved on: 
火曜日, 1月 30, 2024
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Growth, MXN, National Institute of Statistics, Assessment, Government, INEGI, FDI, Private sector, AMLO, Ministry, Investment, Commercial, Risk, Construction, Yoy, Sector, Forecasting

The "Mexico Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market, 2023-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Mexico Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market, 2023-2027" report has been added to ResearchAndMarkets.com's offering.
  • According to the National Institute of Statistics and Geography (INEGI), the construction production volume index grew by 13.7% year on year (YoY) during the first nine months of 2023.
  • By segments, it grew by 80.3% for civil engineering construction, 3.3% for building activities, and 2% for specialized construction works, during the same period.
  • Historical (2018-2022) and forecast (2023-2027) valuations of the construction industry in Mexico, featuring details of key growth drivers.

Hamilton Reserve Bank Accepts 70 Deposit Currencies, Expanding Staff, Offices Worldwide In 2024

Retrieved on: 
水曜日, 1月 17, 2024
Banking, Professional Services, Finance, AED, Privacy, DKK, SGD, JPY, GBP, FX, Trust, Multimedia, Bank, Globalization, USD, NZD, MXN, CHF, HKD, CAD, Temenos, CNY, Cryptocurrency

View the full release here: https://www.businesswire.com/news/home/20240117015042/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240117015042/en/
    Hamilton Reserve Bank is now accepting 70 different currencies as client deposits, including all of the world’s major currencies.
  • Powered by Temenos , the world’s largest banking software provider, Hamilton Reserve Bank enables fast customer onboarding 100% online in 20 minutes .
  • Ghassan Nasr, CEO , International Markets of Hamilton Reserve Bank commented: “What makes Hamilton Reserve Bank so successful as the primary local bank for our worldwide clients is quite simple: total privacy, fast banking transactions, and best hassle-free private banking services.
  • These 70+ deposit currencies have well-positioned Hamilton Reserve Bank as the ‘local global bank’ for many clients.