15 September 2023
15 September 2023
Uzbekistan and the International Finance Corporation are joining forces to help boost FDI into the Central Asian country, but will the plan work?
UAE-based discount retailer BFL will create some 350 jobs through the new logistics centre it is opening near the Saudi capital of Riyadh.
Battery manufacturer Samsung SDI plans to make its biggest R&D investment in Hungary, according to the country's Foreign Minister, Peter Szijjártó.
China-based Trina Solar will open a $200m 5GW photovoltaic facility in Wilmer, Texas, creating 1,500 jobs.
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Per GlobalData, 495 metaverse deals were executed by banks between Q1 2017 and Q2 2023. The metaverse can potentially address challenges banks face, particularly around ESG, financial inclusion, and demographics. However, banks investing in the metaverse will face a range of complexities, many of which they already face in the physical world, like cybersecurity. As the metaverse matures, it will serve more to create new revenue streams for banks instead of addressing challenges.
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