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Automibiles & Motoring

ROLLS-ROYCE MOTOR CARS IN 2023: A YEAR OF SUCCESS

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ROLLS-ROYCE MOTOR CARS IN 2023: A YEAR OF SUCCESS                           

Monday 8January 2024, Goodwood, West Sussex                            

•          Rolls-Royce Motor Cars reports a highly successful year in 2023 with strong business performance and Bespoke commissions at record levels

•          Secure platform for further growth and development as the marque enters its 120th year: Charles Rolls and Henry Royce met for the first time on 4 May1904

•          More motor carssold than ever before in marque’s 119-year history: 6,032 delivered to clients around the world, all including elements of Bespoke personalisation

•          Global sales present a balanced picture, led by North America and China

•          Year-on-year growth reported in regions including Middle East, Asia-Pacific and Europe

•          Company’s positive economic impact grew further with the creation of 180 new jobs at the Home of Rolls-Royce in 2023

•          New investment announced to increase capabilities for electric vehicle production,Bespoke commissions and future growth in Coachbuild activities. Planning application for extension at Goodwood site submitted in late summer 2023

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Automibiles & Motoring

Hyundai Motor Group Executive Chair Euisun Chung 

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Hyundai Motor Group Executive Chair Euisun Chung Outlines ‘Sustainable Growth through Consistent Change’  in New Year’s Message 

  • Hyundai Motor Group celebrates New Year at Kia AutoLand Gwangmyeong, the first dedicated EV factory in Korea 

⋯ Executive Chair Euisun Chung and other Group executive share New Year’s message and vision for robotics, AAM and electrification 
⋯ Kia AutoLand Gwangmyeong evolves from Korea’s first comprehensive automotive plant to an electrification innovation hub 

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Automibiles & Motoring

AGMC and Dubai Autodrome partnership unveils BMW XM as safety car for 2024 racing season

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AGMC and Dubai Autodrome partnership unveils BMW XM as safety car for 2024 racing season

  • High performance BMW XM model to be the official safety car for next year’s season including Hankook 24H Dubai race

DUBAI, UAE, December 8, 2023 – AGMC, the official BMW Group importer for Dubai, Sharjah and the Northern Emirates, has announced a partnership with Dubai Autodrome for its 2024 racing season – providingaBMW XM as the official safety car. The collaboration will begin at the much-awaited Hankook 24H Dubai race in January, a highlight of the 2024 racing season.

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Featured

SHEIN Unveils its 2024 CSR Roadmap, Focused on Poverty Alleviation, Child Development, and Gender Equality

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SHEIN Unveils its 2024 CSR Roadmap, Focused on Poverty Alleviation, Child Development, and Gender Equality

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Dubai, UAE – SHEIN, the global online retailer of fashion, beauty, and lifestyle products, has announced its Corporate Social Responsibility (CSR) roadmap for 2024. With a commitment to making a positive impact, SHEIN aims to contribute to poverty alleviation, holistic child development, and the promotion of women’s empowerment and gender equality.

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Business & Investments

Bahrain Steel Inks Agreement with a Consortium of Banks for a $450 Million Sustainability-Linked Loan

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Bahrain Steel Inks Agreement with a Consortium of Banks for a $450 Million Sustainability-Linked Loan

  • The loan will be tracked against a set of relevant Key Performance Indicators (KPIs) and ambitious SustainablePerformance Targets (SPTs)throughout its seven-year tenure
  • Bahrain Steel has set emission reduction targets,and have launchedcomprehensive employee training programs to bolster climate change and environmental risk knowledge

Manama, Kingdom of Bahrain – 8th January 2024:Bahrain Steel, a leading producer and global supplier of high grade iron ore pellets, announcedtoday the successful syndication of a $450 million Sustainability-Linked Loan (SLL). This milestone transaction, spanning seven years, underscores the company’s unwavering dedication to Environmental, Social, and Governance (ESG) principles. It also highlights the collective commitment of the lending consortium toward fostering tangible environmental impacts in tandem with their clients.

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