Day: May 27, 2022

– Israel’s Minister of Science, Technology and Innovation spoke about the two countries’ complementary strengths at the closing ceremony

– Climate emerges as the countries’ main shared challenge requiring cooperation on multiple fronts, especially energy, water, agriculture, and logistics

– Start-Up Nation Central enters a series of partnerships with Moroccan counterparts to work on solving mutual human capital challenges 

CASABLANCA, Morocco, May 27, 2022 /PRNewswire/ — A new era of Israel-Morocco Business ties has launched following the successful “Morocco-Israel Connect to Innovate” conference which took place in Casablanca this week. The event, co-organised by Start-Up Nation Central, a non-profit organization that promotes Israeli innovation around the world and Morocco’s CPR, brought together government officials and 250 business leaders from the two countries and focused on ways to collaborate in the agrifood-tech, watertech, energy, logistics, and human capital sectors. These are areas of focus in H.M. King Mohamed VI’s multi-year economic and social roadmap, The New Development Model.

“Let us join forces and connect to innovate, to give a chance for peace for the sake of our children and the safety of all,” H.E. Mr. Andre Azoulay, Advisor to King Mohammed VI said.

Israel’s Minister of Science, Technology, and Innovation, Orit Farkash Hacohen, headlined the closing ceremony of the conference shortly after signing a new cooperation agreement in the fields of AI, agricultural technologies, water-tech, energy, healthcare, space, and automotive with her Moroccan counterpart, Minister of Higher Education, Scientific Research and Innovation, H.E. Abdellatif Miraoui.

“There is great potential for Israel’s high-tech industry in the Kingdom of Morocco, in the fields of water desalination and other water technologies, renewable energy, agriculture, sustainability, and more,” said Minister Farkash- Hacohen. “The strengths of the Israeli innovation industry have complimentary business opportunities in Morocco. We will continue to support the maximization of the economic potential between Morocco and Israel. There is a lot to aspire to.”

“The last three days here in Casablanca have proven that there is a genuine desire by government leaders and business people from both Israel and Morocco to work together and form meaningful business partnerships. By bringing together 250 senior members of the public and private sector for a series of constructive meetings and engaging sessions, we have entered a new era in binational relations, one founded on innovation,” Start-Up Nation Central CEO Avi Hasson said. “In less than 24 hours since the conclusion of the conference, we have already seen new collaborations and deals made as a result of Israeli and Moroccan business people meeting at the event. There will be additional significant deals announced in the weeks to come, including the launch of many partnerships to solve the two nations’ human capital challenges. On behalf of our team, I would like to thank the Moroccan government and all our partners in the Connect to Innovate conference. The historic event marked the start of our shared innovation journey. But this is only the beginning.”

Binational business ties, slow to form following the signing of the normalization agreement and renewed diplomatic relations in late 2020, received a boost during the conference with the signing of a series of commercial agreements and MOUs that paved the way for more robust relations going forward. What emerged from the many discussions was that Israel and Morocco share many of the same challenges, particularly when it comes to tackling the climate crisis and both its immediate and longer-term ramifications and the understanding that it is a challenge that cuts across all industries that demands solutions from multiple disciplines that must also stem from cross-border collaborations. Israel, with more than 700 climate-tech companies, and Morocco, with its leading position in the field of alternative energy, and particularly solar technology, are well-positioned to tackle the challenge through joint initiatives that will aid not only the people of the MENA region but all over the globe.

To ensure the success of the conference, Start-Up Nation Central partnered with key Moroccan businesses and governmental agencies, including the Confederation Generale des Entreprises du Maroc (CGEM); AMDIE; ONEE; Crédit Agricole du Maroc; ADD; The Foundation for Research, Development, and Innovation in Science and Engineering (FRDISI); UM6P; Ithmar Capital; Tamwilcom; AMDL; SNTL, and Lina Holding.

About Start-Up Nation Central: Start-Up Nation Central is a non-profit organization that connects Israeli innovation to the world in order to help international entities solve global challenges. Immersed in the Israeli technology ecosystem, we provide a platform that nurtures business growth and generates partnerships with corporations, governments, investors, and NGOs to strengthen Israel’s economy and society. For more information, visit: https://startupnationcentral.org/

Click here  for the full list of partners and innovative companies who took part in the conference.

CHANGSHA, China, May 27, 2022 /PRNewswire/ — SANY, the fast-growing Chinese construction equipment manufacturer, was never hindered by the pandemic in its pace of internationalization. Instead, its market coverage and product share outside the Chinese market enjoyed a boost, with the company’s increased investment in R&D, sales, service and staffing.

Data shows that the company is on track to become a global giant. In 2021, the company achieved overseas revenue of $314.5 million USD, a year-on-year increase of 54%, and a compound growth rate of 30.1% in the past three years.

Take mining equipment and logistics equipment for example.

The overseas sales revenue of mining equipment achieved $133.6 million USD in 2021 (101.1% year-on-year increase) while the figure for logistics equipment was $180 million USD (a year-on-year increase of 31.2%). Europe, Southeast Asia and the United States were the fastest growing markets, with growth rates of 95.7%, 48.1% and 42.1%, respectively.

Products

SANY’s second-generation 70+ t fuel-powered, electric, wide-body vehicles and 100-300 t electric-wheel mining vehicles have been launched. As for logistics equipment, a complete product spectrum was formed for the European and American markets, offering a full range of electric reach stackers, stackers and automated and large-scale remote-controlled quay crane products.

Channels

While SANY mining equipment focuses on six main regions including India, Central Asia and Africa, logistics equipment focuses on Europe, America and Asia-Pacific markets. Across the globe, robust dealer systems have been established which have been generating stable sales volumes.

Service

Knowing that after-sales service is key to the customer experience, SANY is continually optimizing its international service strategy to adapt to the international market environment. Localization and on-line transformation for spare parts distribution and service provision continue to be a work in progress.

2022: Great acceleration

The first quarter of 2022 witnessed even greater growth of 161% year on year, a result attributable mainly to the company’s steady improvements in the areas of management, digitization, electrification and internationalization. Almost all product lines are now growing at an unprecedented growth rate in international sales, with mining machinery at 255% and logistic equipment at 98.8%. New sectors the company has recently entered also look promising, with a 105% year-on-year growth being recorded in the sales of robotic products such as intelligent logistics AGV, high-voltage lithium forklifts and three-dimensional smart warehouses, among others.

Photo – https://mma.prnewswire.com/media/1826793/image_1.jpg

Logo – https://mma.prnewswire.com/media/1518641/logo_Logo.jpg

GUANGZHOU, China, May 27, 2022 /PRNewswire/ — During the 131^st Canton Fair, the China Foreign Trade Centre (CFTC) has signed cooperation agreements with the Lao National Chamber of Commerce and Industry, the Riyadh Chamber of Commerce and the Kuwait Chamber of Commerce and Industry, among other industrial and commercial institutions from the Belt and Road countries and the RCEP member countries, to expand the Fair’s trade promotion service for global partners old and new. In addition, the Centre has established a strategic partnership with the ASEAN Furniture Industries Council and has strengthened collaboration with industrial associations and media outlets around the world, with the goal of leveraging industrial resources and media channels to conduct more professional marketing.

CFTC has launched the Canton Fair Global Cooperative Partnership Program (CFGPP) since 2004. Based on the principles of equality, mutual benefit and win-win cooperation, CFTC has built cooperative partnerships with overseas official trade promotion offices and industrial and commercial institutions that boast friendships with China, strong professionalism, and great influence. CFGPP has favored pragmatic and efficient cooperation in marketing, publicity, mutual visits and information exchanges. By sharing and integrating resources, members of the Program have enjoyed coordinated development.

Up to now, CFTC has established cooperative relations for the Fair with 170 global partners from 93 countries and regions, including official trade promotion offices, industrial and commercial associations, foreign chambers of commerce in China, leading multinationals and trade service providers, with 78 from 50 Belt and Road countries and 40 from all 15 RCEP member countries.

Steadily, CFGPP will become more international, market-oriented and professional, providing more quality services for global buyers and exhibitors and assisting the Canton Fair in its role as a platform for all-round opening-up.

Visit https://www.cantonfair.org.cn/en-US for more opportunities.

LONDON, May 27, 2022 /PRNewswire/ — ATFX was unveiled as the Official Global Partner for the iFX International EXPO 2022, taking place in Cyprus from 7-9 June 2022. Being the official global partner is a coveted honour that is envied by many brokers, given the international nature of the EXPO.

The iFX EXPO is the world’s first and largest financial business-to-business exhibition that has been taking place for over a decade. The expo brings together businesses and professionals from the broader financial services, online trading, and fintech sectors.

The Expo is viewed as a networking event where finance professionals can interact while exploring the different businesses represented at the Expo.

As a global partner, ATFX’s brand together with it’s institutional brand ATFX Connect will be visible to all attendees, attracting significant attention to the broker and its services. In addition, the broker will be showcasing its products and services from booth 156, and all attendees are welcome to see its cutting-edge services in action.

Being named a global partner is a significant achievement that a few brokers with well-respected brands bestowed. However, to be given this honour, a broker must have proven that its products and services are a cut above the rest since its brand will be associated with the EXPO organisers.

ATFX has established itself as a leading broker serving retail and institutional traders. Founded just a few years ago in 2017, the broker has carved a niche for itself driven by its focus on fintech as the main driver behind its business.

The CFDs broker has launched multiple fintech-based services that have improved services such as customer verification and onboarding and provided automated signals to all its clients regarding potential buy and sell trades.

ATFX Connect is the broker’s institutional business that serves high net worth individuals, institutions, hedge funds, and money managers. Its clients have access to Tier 1 bank liquidity, among other bespoke financial services customised to suit each client’s needs.

The volume of trades processed by ATFX has risen steadily over time, with the latest figures showing the broker’s trading volume surpassed $400 billion in Q1 2022. Therefore, it is clear that ATFX has earned its spot as the global partner for the iFX EXPO 2022.

ATFX is looking forward to meeting and interacting with its current and potential clients during the EXPO.

ATFX website: www.atfx.com
ATFX Connect website: www.atfxconnect.com

ATFX
ATFX is an award-winning FX/CFD broker with a global presence offering customer support in over 15 languages. With over 300 tradable financial assets, including forex, cryptocurrency, precious metals, energy, indices, and shares traded as CFDs, ATFX is regulated by the UK’s Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus.  ATFX is licensed by the Financial Services Commission (FSC) in Mauritius, and registered by the Financial Services Authority (FSA) in Saint Vincent and the Grenadines.

ATFX Connect
Back in 2019, ATFX stepped into the Institutional arena to launch its Multi-Access platform ATFX Connect. The management’s vision was to expand the broker’s global presence and provide award-winning liquidity and customer service to the institutional community. With the focus on the professional investor, the ATFX Connect platform is designed to provide an efficient automated trading venue that delivers tailored liquidity solutions to Hedge Funds, Asset Managers, Brokers, Private Banks, and other financial institutions.