Latest news with #HCI
Time of India
3 days ago
- Entertainment
- Time of India
‘Rangabati' takes centre stage at Modi meet in UK
Bhubaneswar: The iconic Sambalpuri song, ' rent the air and dancers matched beats as the Indian community met during his recent visit to the UK. The performance was put together by an Odisha Society of United Kingdom (OSUK) team. Tired of too many ads? go ad free now "We had to get the sequence ready at short notice from the High Commission of India (HCI). I think we did it because of our feeling of statehood and patriotism," said Subhashree Sahoo, one of the dancers and an IT professional based in London. She was accompanied by Sreya Sarkar and Antara Kumar, who matched steps in their vibrant Sambalpuri attire that was sources from Bhubaneswar. They also performed on the 'Rasa Jamudali' song. The HCI had asked for a group performance during Modi's visit and OSUK zeroed in on Sambalpuri dance. "We had very less time but we went ahead because this is one of the ways to showcase our culture and tell the world about ourselves," said OSUK member Sukant Sahoo. Winners of 'Bharat ko janiye' quiz contest organised by the HCI had also been invited to greet the PM. Gayatri Panigrahi, one of the winners, was thrilled to get the invite. "I went to receive PM Modi because he is a global leader and it's a way to show my support, stay connected to my roots, and express my interest in India's progress and global outreach," she said. "Meeting the PM also makes me feel involved in the nation's journey, even while living abroad," she added.
Morocco World
19-07-2025
- Business
- Morocco World
Household Confidence Index Improves as Moroccans Show Cautious Optimism
Rabat – The Household Confidence Index (HCI) rose to 54.6 points in the second quarter of 2025, up from 46.6 points recorded in the previous quarter, according to the High Commission for Planning (HCP). The HCP 's ongoing survey of household sentiment reveals a clear improvement in confidence compared both to the first quarter of 2025 and the same period in 2024. Despite this, 76% of households reported a decline in their standard of living over the past 12 months, while 17.2% saw it remain stable and just 6.8% noted an improvement. The resulting opinion balance improved to -69.2 points, compared with -76.5 points in the previous quarter and -78.2 points a year earlier. Looking ahead, expectations for the next 12 months remain cautious: 44.9% of households anticipate a worsening standard of living, 45.4% expect it to stay the same, and 9.7% foresee an improvement. This outlook showed some positive movement, with the opinion balance improving to -35.2 points from -46.3 points in Q1-2025 and -46.1 points in Q2-2024. Concerns about unemployment remain high, with 71.8% of households expecting joblessness to rise in the coming year, compared to just 14.3% who anticipate a decline. The opinion balance on unemployment stood at -57.5 points. Regarding durable goods purchases, 72.7% of households believe it is not a good time to make such investments, while only 9.9% think otherwise. This sentiment is reflected in a negative opinion balance of -62.8 points. Financially, 57.6% of households reported that their income covers their expenses, but 40.6% are relying on debt or savings, and only 1.8% say they are able to save. The overall opinion balance on the current financial situation of households was -38.8 points. Reflecting on the past 12 months, 50.1% of households felt their financial situation worsened, against 4.2% who experienced improvement, resulting in a balance of -45.9 points. Looking forward, 15.1% expect their financial situation to improve in the next year, 61.3% foresee it remaining stable, and 23.6% anticipate deterioration, with a balance of -8.5 points. The Household Confidence Index is calculated using seven indicators: four general indicators related to the overall economic situation and three specific to household financial conditions. These include the past and future evolution of living standards, expected changes in unemployment, the appropriateness of purchasing durable goods, and current and past financial status of households. Tags: HCPHousehold Confidence Index
The Wire
16-07-2025
- Business
- The Wire
The Human Capability Initiative (HCI) Launches the 2025 Insight Report
RIYADH, Saudi Arabia, July 15, 2025 /PRNewswire/ -- The Human Capability Development Program (HCDP) - one of the Saudi Vision 2030 Realization Programs – has launched the Insight Report from the second edition of the Human Capability Initiative (HCI) 2025, held last April under the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister. The Report was launched as part of the "Capabilities Dialogue" series, in conjunction with International Youth Skills Day, at The Cultural House – Riyadh Oasis, under the theme "Translating Overload into Opportunity." The HCI 2025 Insights Report captures and synthesizes insights shared at the HCI 2025 conference under the tagline "Beyond Readiness". As a global platform convening diverse leaders across sectors, regions, and disciplines, HCI enables open dialogue on the shifting priorities shaping human capability development. This report presents a multi-dimensional perspective grounded in the contributions of policymakers, practitioners, innovators, and community actors who are advancing capability agendas worldwide. It highlights the rising importance of skills and systems needed to respond to environmental transformation, demographic shifts, technological advancements, and fragmentation. These interconnected forces are reshaping labor markets and social dynamics, underscoring the need for adaptive, resilient, and inclusive approaches to lifelong learning. It is framed around the core themes of HCI 2025: learning, belonging, and action, addressing the critical need to develop human potential in an era of unprecedented global change. The HCI 2025 Insight Report was developed with contributions by HCI Knowledge and insight partners, and the event gathered over 250 decision-makers, experts, and specialists from across sectors. The program featured panel discussions featuring distinguished national role models and renowned international experts. The sessions spotlighted successful experiences and celebrated standout Saudi achievements. Visit the HCI Knowledge Hub, to access the full HCI 2025 Insight Report: NOTES TO EDITORS Media email – media@ HCI Website: HCI social media: • HCI_KSA (X, Instagram, YouTube, LinkedIn, TikTok) • HCIKSA (Facebook) About Saudi Vision 2030: Under the leadership of the Custodian of the Two Holy Mosques, Saudi Vision 2030 was launched by His Royal Highness Prince Mohammed bin Salman Al Saud, Crown Prince, and Prime Minister, with a roadmap to build Saudi Arabia's prosperous and bright future through a vibrant society, a thriving economy, and an ambitious nation. The Vision was cascaded into strategic objectives to enable effective implementation through its Vision Realization Programs. About the Human Capability Development Program (HCDP): The Human Capability Development Program is one of Saudi Vision 2030 Realization Programs with an aim to ensure that Saudi citizens have the required capabilities to compete globally by instilling values, developing basic and future skills, as well as enhancing knowledge. The program focuses on developing a solid educational base for all citizens to instil values from an early age, while preparing the youth for future local and global markets. It also focuses on upskilling citizens by providing lifelong learning opportunities, supporting innovation, encouraging entrepreneurship culture, and developing policies to ensure Saudi Arabia's competitiveness. Photo: (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). This is an auto-published feed from PTI with no editorial input from The Wire.
Yahoo
14-07-2025
- Business
- Yahoo
HCI Group Sets Second Quarter 2025 Earnings Call for Thursday, August 7, 2025, at 4:45 p.m. ET
TAMPA, Fla., July 14, 2025 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE: HCI) will hold a conference call on Thursday, August 7, 2025, at 4:45 p.m. Eastern Time to discuss results for the second quarter ended June 30, 2025. Financial results will be issued in a press release the same day after the close of the market. HCI management will host the presentation, followed by a question-and-answer period. Interested parties can listen to the live presentation by dialing the listen-only number below or by clicking the webcast link available on the Investor Information section of the company's website at Date: Thursday, August 7, 2025Time: 4:45 p.m. Eastern time (1:45 p.m. Pacific time) Toll Free: 888-506-0062International: 973-528-0011Participant Access Code: 521671Webcast Please call the conference telephone number 10 minutes before the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Group at 949-574-3860. A replay of the call will be available after 8:00 p.m. Eastern Time on the same day as the call, as well as via the Investor Information section of the HCI Group website at Toll Free: 877-481-4010International: 919-882-2331Replay Passcode: 52723 About HCI Group, Group is a holding company with two distinct operating units. The first unit includes four top-performing insurance companies, a captive reinsurance company, and operations in claims management and real estate. The second unit, called Exzeo Group, is a leading innovator of insurance technology that utilizes advanced underwriting algorithms and data analytics. Exzeo empowers property and casualty insurers to transform underwriting outcomes and achieve industry-leading results. The company's common shares trade on the New York Stock Exchange under the ticker symbol "HCI" and are included in the Russell 2000 and S&P SmallCap 600 Index. HCI Group, Inc. regularly publishes financial and other information in the Investor Information section of the company's website. For more information about HCI Group and its subsidiaries, visit Company Contact:Bill Broomall, CFA Investor RelationsHCI Group, (813) 776-1012wbroomall@ Investor Relations Contact:Matt GloverGateway Group, Inc. Tel 949-574-3860HCI@ in to access your portfolio
IOL News
06-07-2025
- Business
- IOL News
SACTWU reduces stake in HCI while acquiring three key properties worth over R500 million
The South African Clothing and Textile Workers Union (SACTWU) has reached agreement with Hosken Consolidated Investments (HCI), in which it owns a large shareholding, for a cash injection of over R100 million and the purchase of three investment properties. Image: David Ritchie The South African Clothing and Textile Workers Union (SACTWU) will lower its stake in Hosken Consolidated Investments (HCI) as part of two agreements that include buying three HCI properties, including Gallagher Estate, for R549.7 million in total. HCI stated in a regulatory, related party announcement to the JSE on Friday that the reason for the transactions was that SACTWU wished to increase its cash holdings for its operations, and to increase its interests in additional investment properties to generate more regular, ideally monthly cash flow to fund its operational and member benefit programs and other related employment projects. Because HCI only distributes cash dividends to shareholders on a six-monthly basis, SACTWU had recently been disposing of HCI shares on the market through the JSE order book to enable it to fund its ongoing obligations. However, these disposals were not sustainable over a longer period, and SACTWU engaged HCI to find solutions for its cash flow requirements. In terms of a cash share purchase agreement, HCI subsidiary Squirewood Investments 64 Proprietary concluded an agreement with its material shareholder SACTWU, in terms of which Squirewood will purchase 1.1 million HCI shares owned by SACTWU, for R131 per HCI share, or R144.1m in total. HCI's share price closed 2.12% lower at R127.27 on the JSE on Friday. In another transaction, HCI will sell its shares in and shareholder loan claims against three owned property subsidiaries in the HCI group: Gallagher Estate Holdings, HCI Rand Daily Mail, and HCI Solly Sachs House, to SACTWU for R549.7m in total. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Ad loading Squirewood will purchase 4.2 million HCI shares beneficially owned by SACTWU, which represents about 4.9% of the total HCI shares in issue, for a purchase price of R131.00 per HCI share, or R549.7m in total. SACTWU is the beneficial owner of about 23.8% of the total HCI shares, and should the Squirewood share transaction and property purchase be implemented, the trade union will be left holding about 18.4% of the total HCI shares in issue. SACTWU has held its interest in HCI since 1997, primarily as an income-generating asset and significant investment vehicle to fund the trade union's objectives, aiming to benefit union members through investments in, inter alia, media, hotels, casinos, coal mines, and transport. SACTWU holds significant property interests outside of its investment in HCI, with most of its properties being occupied by the union itself. 'The parties agreed, given SACTWU's desire to increase its interests in property, that investments in immovable property generating sustainable monthly cash flows would likely be the most appropriate asset class for SACTWU to acquire to service its needs,' HCI said. SACTWU conducted due diligence on HCI's property assets, two independent valuations were done, and 'pursuant to their investigation, SACTWU selected the three subject companies it wishes to acquire,' HCI stated.
