Qatar Investment Authority

Technological Innovations Propel Elevator and Escalator Market to New Heights, Saudi Arabia and Qatar to Experience Tightly Correlated CAGR from 2023 to 2029 - Arizton

Retrieved on: 
Thursday, March 14, 2024

Saudi Arabia is one of the emerging economies globally that is determined to transform its cities into smart cities.

Key Points: 
  • Saudi Arabia is one of the emerging economies globally that is determined to transform its cities into smart cities.
  • What will the growth rate be in the Saudi Arabia elevator and escalator market?
  • What is the number of installed bases in the Saudi Arabia elevator and escalator market in 2023?
  • What factors drive the maintenance and modernization segment in the Qatar elevator and escalator market?

Technological Innovations Propel Elevator and Escalator Market to New Heights, Saudi Arabia and Qatar to Experience Tightly Correlated CAGR from 2023 to 2029 - Arizton

Retrieved on: 
Thursday, March 14, 2024

Saudi Arabia is one of the emerging economies globally that is determined to transform its cities into smart cities.

Key Points: 
  • Saudi Arabia is one of the emerging economies globally that is determined to transform its cities into smart cities.
  • What will the growth rate be in the Saudi Arabia elevator and escalator market?
  • What is the number of installed bases in the Saudi Arabia elevator and escalator market in 2023?
  • What factors drive the maintenance and modernization segment in the Qatar elevator and escalator market?

Ascend Elements Raises Additional $162 Million to Build Sustainable Lithium-Ion Battery Materials in United States

Retrieved on: 
Tuesday, February 20, 2024

WESTBOROUGH, Mass., Feb. 20, 2024 /PRNewswire/ -- In a follow up to one of last year's largest cleantech private equity placements, Ascend Elements today announced it has raised $162 million in new equity investments. Major investors include Just Climate, Clearvision Ventures, and IRONGREY. The new equity financing brings the company's 12-month funding total to $704 million, including the $542 million funding round led by Decarbonization Partners, Temasek and Qatar Investment Authority in September 2023.

Key Points: 
  • "I'd like to thank our new and existing partners for investing in North America's critical EV battery infrastructure," said CEO Mike O'Kronley of Ascend Elements.
  • By recycling lithium-ion batteries and making new, engineered battery materials with lower carbon emissions, Ascend Elements is accelerating the global transition to zero carbon emissions."
  • "Ascend Elements' Hydro-to-Cathode® technology provides a sustainable option for production of critical battery materials, championing circularity in an industry that is poised to scale significantly.
  • Several peer-reviewed studies have shown Ascend Elements' recycled battery materials perform as well as similar materials made from primary (mined) sources.

Ascend Elements Raises Additional $162 Million to Build Sustainable Lithium-Ion Battery Materials in United States

Retrieved on: 
Tuesday, February 20, 2024

WESTBOROUGH, Mass., Feb. 20, 2024 /PRNewswire/ -- In a follow up to one of last year's largest cleantech private equity placements, Ascend Elements today announced it has raised $162 million in new equity investments. Major investors include Just Climate, Clearvision Ventures, and IRONGREY. The new equity financing brings the company's 12-month funding total to $704 million, including the $542 million funding round led by Decarbonization Partners, Temasek and Qatar Investment Authority in September 2023.

Key Points: 
  • "I'd like to thank our new and existing partners for investing in North America's critical EV battery infrastructure," said CEO Mike O'Kronley of Ascend Elements.
  • By recycling lithium-ion batteries and making new, engineered battery materials with lower carbon emissions, Ascend Elements is accelerating the global transition to zero carbon emissions."
  • "Ascend Elements' Hydro-to-Cathode® technology provides a sustainable option for production of critical battery materials, championing circularity in an industry that is poised to scale significantly.
  • Several peer-reviewed studies have shown Ascend Elements' recycled battery materials perform as well as similar materials made from primary (mined) sources.

International Rating Agencies Affirm Rating With Upgraded “Stable” Outlook for Various Adani Portfolio Companies

Retrieved on: 
Thursday, February 15, 2024

International Rating agencies Moody’s (vide press release dated 13th February 2024) and S&P (vide press release dated 22nd January 2024) have affirmed and upgraded the outlook to “stable” for all the issuances for Adani complex issued in the international market by various Adani Portfolio companies.

Key Points: 
  • International Rating agencies Moody’s (vide press release dated 13th February 2024) and S&P (vide press release dated 22nd January 2024) have affirmed and upgraded the outlook to “stable” for all the issuances for Adani complex issued in the international market by various Adani Portfolio companies.
  • This assures high credit quality with stable and predictable cashflows across all issuers of Adani complex.
  • Adani Portfolio has the largest number of Investment Grade (BBB-/Baa3 and higher) rated issuances out of private companies in India and equivalent to India’s sovereign rating.
  • In our view, rated entities Adani Electricity Mumbai Ltd. (AEML) and Adani Ports and Special Economic Zone Ltd. (APSEZ) enjoy good competitive positions, healthy cash flows, and adequate liquidity to meet their debt-servicing requirements.”

BioXcel Therapeutics Aligns with FDA Recommendation for Phase 3 Trial for TRANQUILITY Program, Provides Update on Strategic Financing, and Reports Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 14, 2023

In addition, the Company provided an update on strategic financing activities that would enable greater operational flexibility and reported its financial results for the third quarter ended Sept. 30, 2023.

Key Points: 
  • In addition, the Company provided an update on strategic financing activities that would enable greater operational flexibility and reported its financial results for the third quarter ended Sept. 30, 2023.
  • Company aligned with FDA’s recommendation to conduct additional Phase 3 trial of BXCL501 to evaluate safety and collect additional efficacy data in at-home setting.
  • Completed meeting with FDA on November 8, 2023; meeting minutes expected by the first half of December 2023.
  • ET to provide an update on recent operational highlights and to discuss its third quarter 2023 financial results.

Databricks Closes Series I Investment with Additional Participation from Strategic Partners

Retrieved on: 
Friday, November 10, 2023

SAN FRANCISCO, Nov. 10, 2023 /PRNewswire/ -- Databricks, the Data and AI company, today announced additional closings of its recent Series I funding. Existing investors Amazon Web Services (AWS), CapitalG, and Microsoft, along with new investors AT&T Ventures, Qatar Investment Authority (QIA), and Sanabil Investments, participated in the funding round, which put the company at a $43B post-money valuation. The Series I funding will be used to accelerate the development of transformative AI technology, Gen AI research, and hiring AI data scientists and engineering talent.

Key Points: 
  • The Series I funding will be used to accelerate the development of transformative AI technology, Gen AI research, and hiring AI data scientists and engineering talent.
  • With our partners, we can accelerate the development of our platform and deliver business value faster for our customers."
  • This investment is aligned with QIA's investment approach to invest in forward-looking, tech-led companies, many of which are building AI seamlessly into their product and offerings.
  • We are pleased to be an investor in Databricks and look forward to a fruitful, long-term partnership as the company scales."

Databricks Closes Series I Investment with Additional Participation from Strategic Partners

Retrieved on: 
Friday, November 10, 2023

SAN FRANCISCO, Nov. 10, 2023 /PRNewswire/ -- Databricks, the Data and AI company, today announced additional closings of its recent Series I funding. Existing investors Amazon Web Services (AWS), CapitalG, and Microsoft, along with new investors AT&T Ventures, Qatar Investment Authority (QIA), and Sanabil Investments, participated in the funding round, which put the company at a $43B post-money valuation. The Series I funding will be used to accelerate the development of transformative AI technology, Gen AI research, and hiring AI data scientists and engineering talent.

Key Points: 
  • The Series I funding will be used to accelerate the development of transformative AI technology, Gen AI research, and hiring AI data scientists and engineering talent.
  • With our partners, we can accelerate the development of our platform and deliver business value faster for our customers."
  • This investment is aligned with QIA's investment approach to invest in forward-looking, tech-led companies, many of which are building AI seamlessly into their product and offerings.
  • We are pleased to be an investor in Databricks and look forward to a fruitful, long-term partnership as the company scales."

Former President of Poland, Others to Visit Nigeria, as the Country Seeks Foreign Direct Investments

Retrieved on: 
Monday, October 30, 2023

Held under the theme "Energy and Sustainable Development in Africa" the summit is organised by Dotmount Communications in collaboration with Yahoo Finance.

Key Points: 
  • Held under the theme "Energy and Sustainable Development in Africa" the summit is organised by Dotmount Communications in collaboration with Yahoo Finance.
  • Bronisław Komorowski, Poland's president from 2010 until 2015, will be accompanied by a delegation of high-ranking Polish business delegation.
  • The visit is also aimed at intensifying economic relations between the two countries and exploring opportunities for investment in Nigeria.
  • The visit of Bronisław Komorowski to Nigeria is a significant event in the bilateral relations between the two countries.

NANOBIOTIX Announces Pricing of a Capital Increase Raising Total Gross Proceeds of $55M

Retrieved on: 
Thursday, November 2, 2023

The closing of the Global Offering is not conditioned on the closing of the Concurrent Private Placement.

Key Points: 
  • The closing of the Global Offering is not conditioned on the closing of the Concurrent Private Placement.
  • Jefferies LLC, Leerink Partners and Guggenheim are acting as global coordinators and joint bookrunners for the Global Offering.
  • The Global Offering is subject to an underwriting agreement, which was entered into on November 2, 2023.
  • The expected use of proceeds represents the Company’s intentions based upon its current plans and business conditions.