Latest news with #economicOpportunities
Zawya
14-07-2025
- Automotive
- Zawya
Uber doubles down on commitment to empower women in Saudi Arabia
Uber to host Saudi Arabia's first-ever GigSister event, creating a dedicated space for women drivers to connect and build community Collaboration with Alnahda Society to empower women in mobility through capacity building initiatives and drive economic opportunities. Riyadh, Kingdom of Saudi Arabia – As Saudi Arabia celebrates seven years since the historic decision that allowed women to drive, Uber is proud to announce the upcoming launch of its new 'Women Drivers' product, designed to give women riders the option to be matched exclusively with women drivers. The feature builds on Uber's commitment to empowering women through mobility and flexible economic opportunities. The 'Women Drivers' product allows women riders to book rides exclusively with women drivers via the Uber app, expanding economic opportunities for Saudi women while enhancing rider choice. The initiative aligns with Uber's long-term vision for a more inclusive platform and forms part of its broader commitment to support the participation of women in the Saudi economy. The product is also designed for ease of use to ensure women feel comfortable and empowered. It will be available gradually for riders in the coming weeks. Here's how the product works: On-demand - The Women Drivers product allows women riders to be matched with Women Drivers. The product functions just like UberX and is selectable from the product mini-list with similar prices as Uber X. Reserve - For women riders looking for added structure and planning, they can reserve a ride with a women driver up to 30 minutes in advance through the Uber Reserve feature. Youssef Abouseif, KSA GM at Uber, said, 'Women across Saudi Arabia have shown how mobility can open the door to new possibilities. At Uber, we see that future as electric, shared, and autonomous - but also inclusive. The launch of the 'Women Drivers' product reflects our commitment to empowering women and supporting their mobility and economic independence. We're continuing to support women who choose to drive via the Uber app - giving them more choice, more opportunity, and a stronger sense of community. We're also thrilled to witness this dynamic change unfold in Saudi Arabia, and we firmly believe initiatives like these play a pivotal role in Saudi Vision 2030.' Empowering Saudi women through Al Nahda partnership and GigSister events Uber is proud to announce its partnership with Alnahda Society, a leading non-profit organization established in 1962 with a mission to empower women both economically and socially. This collaboration aims to support women in mobility through capacity-building initiatives, including financial literacy programs, by equipping women with essential skills. The initiative paves the way for economic independence and opens up opportunities such as driving via the Uber app. This effort builds on Uber's previous collaboration with Alnahda through the Masaruky initiative, which supported thousands of women in joining the workforce by helping them learn to drive and obtain a driver's license. Additionally, Uber will host its first GigSister program in Saudi Arabia, creating a dedicated space for women drivers to connect, share experiences, and foster a supportive local community. These initiatives highlight how Uber is going beyond mobility to actively invest in the development and success of women across the Kingdom. Over the years, Uber has introduced a series of programs in Saudi Arabia, from the Wusool initiative, which has supported over 20 million subsidized rides for women, to Women Rider Preference, which allows women drivers to choose if they want to exclusively pick-up women riders. Each of these initiatives has been carefully curated to advance women's participation in the workforce and align with the Kingdom's broader socio-economic goals. By integrating innovation, empowerment, and local insights, Uber continues to provide tangible solutions that address the unique needs of women in Saudi Arabia. With this latest product launch and new partnerships, Uber remains committed to fostering an inclusive, supportive, and progressive platform for all. About Uber Uber's mission is to create opportunity through movement. We started in 2010 to solve a simple problem: how do you get access to a ride at the touch of a button? More than 58 billion trips later, we're building products to get people closer to where they want to be. By changing how people, food, and things move through cities, Uber is a platform that opens up the world to new possibilities.
Yahoo
08-07-2025
- Business
- Yahoo
3 Asian Stocks Estimated To Be Trading 20.8% To 43.1% Below Intrinsic Value
As global markets grapple with mixed economic signals, Asian stocks have been under the spotlight, particularly amid ongoing trade negotiations and economic data releases. In this context, identifying undervalued stocks can be crucial for investors seeking opportunities in a market characterized by cautious optimism and fluctuating indices. Name Current Price Fair Value (Est) Discount (Est) Taiwan Union Technology (TPEX:6274) NT$229.00 NT$455.26 49.7% Serko (NZSE:SKO) NZ$3.14 NZ$6.27 49.9% Nanya New Material TechnologyLtd (SHSE:688519) CN¥42.98 CN¥85.50 49.7% Livero (TSE:9245) ¥1715.00 ¥3414.75 49.8% Lai Yih Footwear (TWSE:6890) NT$287.50 NT$571.27 49.7% HL Holdings (KOSE:A060980) ₩40850.00 ₩81170.42 49.7% Hibino (TSE:2469) ¥2364.00 ¥4705.08 49.8% Dive (TSE:151A) ¥933.00 ¥1858.19 49.8% Darbond Technology (SHSE:688035) CN¥39.42 CN¥78.37 49.7% cottaLTD (TSE:3359) ¥429.00 ¥854.05 49.8% Click here to see the full list of 267 stocks from our Undervalued Asian Stocks Based On Cash Flows screener. Here we highlight a subset of our preferred stocks from the screener. Overview: Plover Bay Technologies Limited is an investment holding company that designs, develops, and markets software-defined wide area network routers with a market cap of HK$6.68 billion. Operations: The company's revenue is derived from sales of SD-WAN routers with fixed first connectivity ($17.15 million), mobile first connectivity ($66.18 million), and software licenses along with warranty and support services ($33.47 million). Estimated Discount To Fair Value: 25.5% Plover Bay Technologies is trading at HK$6.06, below its estimated fair value of HK$8.13, indicating it may be undervalued based on cash flows. Despite a dividend yield of 4.93% not being well covered by earnings, the company's earnings are forecast to grow at 17% annually, outpacing the Hong Kong market's growth rate of 10.3%. Additionally, revenue growth is projected at 16.5% per year and return on equity is expected to reach a very high level in three years' time. Our comprehensive growth report raises the possibility that Plover Bay Technologies is poised for substantial financial growth. Get an in-depth perspective on Plover Bay Technologies' balance sheet by reading our health report here. Overview: Everest Medicines Limited is a biopharmaceutical company focused on discovering, licensing, developing, and commercializing therapies and vaccines for critical unmet medical needs in Greater China and other Asia Pacific markets, with a market cap of HK$21.79 billion. Operations: The company's revenue is primarily derived from its pharmaceuticals segment, which generated CN¥706.68 million. Estimated Discount To Fair Value: 43.1% Everest Medicines, currently priced at HK$67.1, is trading significantly below its estimated fair value of HK$117.83, pointing to potential undervaluation based on cash flows. The company anticipates robust revenue growth at 30.3% annually, surpassing the Hong Kong market's 8.1%. Despite this strong outlook, return on equity is expected to remain modest at 10.2% in three years and the firm aims for profitability within three years amidst ongoing clinical advancements such as NEFECON and EVER001 developments in Asia. Our expertly prepared growth report on Everest Medicines implies its future financial outlook may be stronger than recent results. Click to explore a detailed breakdown of our findings in Everest Medicines' balance sheet health report. Overview: Gold Circuit Electronics Ltd. is a Taiwan-based company that designs, manufactures, processes, and distributes printed circuit boards with a market cap of NT$145.03 billion. Operations: The company's revenue primarily comes from the manufacturing and sales of printed circuit boards, amounting to NT$41.95 billion. Estimated Discount To Fair Value: 20.8% Gold Circuit Electronics, trading at NT$298, is valued below its estimated fair value of NT$376.19, indicating potential undervaluation based on cash flows. The company's earnings grew by 42.5% last year and are forecast to grow significantly at 22.21% annually, outpacing the Taiwan market's growth rate. Recent Q1 results show sales increased to TWD 12 billion from TWD 9 billion a year ago, with net income rising to TWD 1.75 billion from TWD 1.22 billion. Our earnings growth report unveils the potential for significant increases in Gold Circuit Electronics' future results. Dive into the specifics of Gold Circuit Electronics here with our thorough financial health report. Embark on your investment journey to our 267 Undervalued Asian Stocks Based On Cash Flows selection here. Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks. Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include SEHK:1523 SEHK:1952 and TWSE:2368. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-07-2025
- Business
- Yahoo
WARMINGTON: Forget the lights and cameras, mayor, we need action in Toronto
Yes, that was Toronto Mayor Olivia Chow you saw on location for this movie production. The scene for this Toronto movie script is being written in Dublin and London. Starring Toronto's dancing and dressup mayor, this project is not being produced at our City Hall but ones in Ireland and England. But funded by Toronto taxpayers. 'This trade mission is about supporting more economic opportunities for Toronto workers and businesses, including export diversification and foreign direct investment attraction,' Chow said in a news release on the rationale of going across the pond for film industry trade discussions until Saturday. It may feel like a comedy, but it's being sold as a business trip. 'I am pleased to be joined by leaders from Toronto's film industry to highlight one of the many sectors in which Toronto is home to a world-class industry,' said Chow, who is expected to meet with Dublin Mayor Ray McAdam and London Mayor Sadiq Khan. With McAdam not tweeting about Chow's visit and the Irish press not seeming to mention it, this feels more like a prime-time summer getaway at a time when Torontonians are struggling to pay for lodging and facing crime, high taxes and long waits for emergency services. Apparently that stuff can wait. 'It comes down to a question of priorities,' said Councillor Brad Bradford. 'And I certainly think there's lots for the mayor and council to be working on on this side of the Atlantic.' Turns out, though, that U.S. President Donald Trump is being written in as the villain. 'At a time of historic uncertainty, reliable trade partners have never been more important,' said Chow. Is Tory's Texas trip taxpayer money well spent? WARMINGTON: Only in Toronto would swimming pools be closed because it's too hot First Carney was taking Canadian trade to Europe and now it's Chow. 'The city is leading collaborative, export-focused initiatives that enhance Toronto's role as a global trade player,' said a release. 'In addition to trade missions, Toronto is also delivering city-led and partner-driven programs that address key gaps especially for SMEs (small and medium enterprises) with a focus on three core areas: Education and capacity building, strategic market access through trade missions and targeted support for priority sectors.' Say what? Move over Eglinton-Crosstown! 'I can appreciate the need to diversify our relationships, looking for new partnerships and investment,' said Bradford. 'But as a local councillor, I hear about all the challenges facing the city right here at home. I hear from Torontonians struggling to make ends meet in a city that's less and less affordable, gridlock that has made commutes unbearable and has ground the city to halt, parents who are concerned about safety in our park and safety on transit.' It's unclear how many people are on the Toronto tab for this trip, how much the bill will be and if there will be any economic benefit. But what is known is July is not a cheap time to visit the United Kingdom or Ireland. 'It's peak season,' said Bradford. 'Why now?' It's my view that nobody from city hall should be there and that no grants, funding or tax credits to foreign entertainment or business ventures should be offered. This includes the World Cup of soccer, which the elite should pay for with their own hundreds of millions. If the mayor or council want to go to the U.K, they should pay for expenses themselves – like late mayor Rob Ford did when he went to Austin, Texas, to check out the live music industry in 2013. 'I paid my own way and for my staff. I think it was $9,000,' Ford told me at the time. There should be no municipal taxpayer money used to fund international soccer tournaments or concert stadiums or movies or basketball practice facilities. If the show they are putting on is good enough – like Taylor Swift's Eras Tour, which put on six soldout shows here in 2024 with no subsidies – then it benefits Toronto. If it needs to be propped up by families who can't make ends meet, it's not helping Toronto. Local governments should stick to roads and public safety. I don't want to ruin Chow's excellent adventure, but with food bank lines around the block, she should get back here and do the job she's elected and paid well to do. However, Chow's news release argues 'Toronto's economic relationship with Ireland, as the only English-speaking country in the European Union, is a gateway into the EU single market for Toronto businesses.' There may be a debate if this movie's plot is fictional, but there's no debating England and Ireland are nice in July – especially when someone else pays.
Forbes
17-06-2025
- Business
- Forbes
Many Immigrants In Germany, Facing Discrimination, Consider Leaving
Friedrichstrasse Shopping Street in central Berlin getty Many immigrants living in Germany are considering leaving the country for another, driven by economic concerns as well as discrimination, according to a new report from the country's federal research agency. With results showing that only just over half of immigrants intend to stay in Germany permanently, the report signals trouble for Europe's largest economy which is already struggling with historic labor shortages. The report, published by Germany's Institute for Employment Research, shows around 57% of people surveyed saying they intend to stay on in Germany, with around 26% stating they have considered leaving in the past year. The reasons people want to leave vary. Those who want to return to their countries of origin cited a desire to rejoin family, while people who are rather looking to settle elsewhere often cited economic opportunities, bureaucracy and tax burdens as reasons for wanting to leave Germany. Alongside these issues, the politics of immigration in Germany, as well as a high level of discrimination foreigners are subjected to, play a significant role. 'perceptions of discrimination – especially in interactions with authorities, police, and at the workplace – greatly increases emigration tendencies,' write the authors of the report. The report also notes that people who are more educated and economically successful, as well as those who show better success at integration, tend to be the ones more likely to be considering moving on. This means, according to the report's authors, that 'those most urgently needed to secure Germany's future labor supply are also those most inclined to leave.' Germany has long struggled with serious labor shortages, as older citizens age out of the workforce, with estimates of hundreds of thousands, even millions, of labor migrants needed to stabilize the market. Subsequent governments in Germany have attempted to ameliorate this by cutting red tape and giving out more work visas, but the tense politics over immigration - and in particular irregular migration - in Germany is complicating matters. The rise and electoral gains of the stridently anti-immigration AfD party have pushed migration to the top of the political agenda, with recently-elected center-right Chancellor Friedrich Merz coming in promising to clamp down on people seeking shelter in the country. While irregular migration (think asylum seekers and other people seeking protection) and labor migration are two different matters, they have become progressively more linked in the German discourse, particularly by the AfD. In the run-up to state elections last year, various prominent business leaders spoke out against the AfD, warning that their harsh rhetoric over immigration overall, including taking aim at workplace diversity initiatives, threatened to dissuade prospective labor migrants from moving to the regions in Germany where they are needed most. This latest report adds further weight to those concerns, with discrimination apparently playing a significant role in foreign residents' calculations. The report recommends the government implement measures to, among other things, ease bureaucracy, support family integration and address workplace discrimination. 'Only when immigrants feel like fully included members of society," write the authors, "with real opportunities for participation and professional advancement – are they likely to choose Germany as their long-term home.'
