Latest news with #SCF
Yahoo
2 days ago
- Sport
- Yahoo
St. Pauli conclude record sale of Philipp Treu to Freiburg
Sport Bild reports that transfer negotiations between two Bundesliga outfits swapping well over a month have finally wrapped. St. Pauli fullback Philipp Treu is now set to return to his former club SC Freiburg on a €5m deal. Treu – a Heidelberg native – came up through the Freiburg ranks and once featured for the SCF reserves in the 3. Liga. St. Pauli and Freiburg have both had an active summer transfer window. Interestingly enough, Treu will constitute the third transaction involving the two clubs. Hamburg's Kiezkicker opted to ship back Freiburg loanees Robert Wagner and Noah Weißhaupt earlier this month. Advertisement Treu's base-transfer-fee counts as a new record for St. Pauli. The sale, which could far exceed €5m via bonus payments, is the highest sum the Hamburg-based club have ever received for a player. Kicker – among others – reports that St. Pauli will utilize the proceeds to immediately finalize the purchase of recent FC Kaiserslautern standout Daisuke Yokota. The Japanese midfielder will serve as the Hanseatic club's eighth summer signing. Freiburg themselves have brought in four new summer additions, impressively concluding most of their targeted signings shortly after the Bundesliga campaign concluded in mid-May. The SCF front office then turned their attention to contract extensions. Exciting young Swiss prospect Johan Manzambi inked a new deal early last week. Shortly after that, it was time to reward club legend Vincenzo Grifo. Kicker reports that French talent Jordy Makengo will also extend this week. Advertisement 'There's no end in sight for Vince,' Freiburg sporting director Klemens Hartenbach said of Grifo on the occasion of the Pforzheim native's contract extension. 'He leads the way both on and off the pitch. It's not just his statistics that are important for the team. He also exudes confidence and composure, which is infectious and helps his teammates immensely. We want this to continue in the coming years.' 'When I came here in 2015, none of this was foreseeable,' one of Germany's most popular players himself added. 'Now it's my home. My heart lies in Freiburg. I've played 307 competitive games for SC. I'm doing very, very well here, both in terms of sport and privately. I want to continue on this path, play as many games as possible, help the young players, and also develop further personally.' GGFN | Peter Weis
Business Recorder
3 days ago
- Climate
- Business Recorder
SCF, PPAF enhance disaster preparedness in Thatta
HYDERABAD: In anticipation of potential heavy monsoon rains forecasted by the National and Provincial Disaster Management Authorities, the Sindh Community Foundation (SCF), in collaboration with the Pakistan Poverty Alleviation Fund (PPAF), has distributed emergency response kits to grassroots Village Organizations (VOs) in two union councils Bijoro and Gaarho under its Social Services and Climate Resilience Project. These union councils, situated in one of Sindh's most climate-vulnerable district, have repeatedly experienced floods; disasters to strengthen local disaster preparedness, SCF provided emergency response kits containing 19 essential items, which will be shared among 5 to 10 villages per UC. The kits aim to enhance communities' ability to respond rapidly and independently during crises. At the distribution ceremony, Javed Hussain, Executive Director of SCF, stated: 'Thatta has faced multiple climate shocks over the years. Without local preparedness, communities are left vulnerable. These efforts build the foundation for effective, community-led emergency response.' In addition to distributing kits, SCF has trained local residents through a tailored emergency preparedness module. Emergency response teams have been established in each participating village to ensure timely action during any disaster. K.B. Bhahrani, Additional Director of the Social Welfare Department in Thatta, commended SCF's leadership and commitment to grassroots resilience. Abdullah Khush, SCF Project Manager, added: 'Disaster preparedness cannot succeed without active community involvement. These efforts ensure that people are not only informed but also equipped.' This initiative showcases a shift toward proactive, community-based climate resilience. As extreme weather events become more frequent, localized, people-centered preparedness is key to reducing vulnerability and protecting lives. Copyright Business Recorder, 2025
Express Tribune
5 days ago
- Climate
- Express Tribune
Role of youth stressed to tackle climate challenges
A boat stranded on the shore of Thatta after a flood. As a consequence of climate change, frequency of floods has increased, forcing entire communities living in the coastal areas to uproot themselves. After every devastation, fishermen, along with their meagre belongings are left with little choice to move elsewhere in search of livelihood. PHOTO: JAHANZEB TAHIR (@jt76007) The four-day Youth Leadership for Climate Change workshop, commenced on June 24 at the Makli Ghunghat Khana in Thatta, brought together young climate leaders to address climate adaptation and environmental sustainability actions. The event organised by Sindh Community Foundation (SCF) under the Pakistan Youth Leadership Initiative (PYLI) and supported by the British Council Pakistan, sees participation from 34 young leaders including 11 young females, engaged in intensive sessions focusing on climate resilience, local adaptation strategies, and youth leadership development. Key feature of the event was the Youth-Led Action (YLA) Showcasing Event, where trained youth from earlier PYLI cycles presented their community-based climate models through interactive booths and discussions. On the third day of training a high-level delegation from the British Council including Helen Silvester, Regional Director, and James Hampson, Country Director Pakistan observed the ongoing training and interacted with youth climate leaders. The event was also attended by youth from climate-vulnerable coastal regions.
Time of India
22-06-2025
- Time of India
8 held for gambling in Manimajra, 64,000 recovered
Chandigarh: Eight persons gambling in the basement of SCF at Motor Market, Manimajra, were arrested Saturday night. Police claimed to have recovered Rs 64,000 from them. They have been identified as Mehboob, Sahil, Askar Ali, Safdar, Abdul Vahid, and Kuldeep Kumar — all residents of Manimajra; Sonu of Nayagaon; and Satpal from Jujhar Nagar village in Mohali. They were later granted bail. Charges under Gambling Act have been brought against them. Investigation is under way.
Mid East Info
11-06-2025
- Business
- Mid East Info
EDGE and FAB Sign Strategic Agreement to Build a Resilient Financial Ecosystem - Middle East Business News and Information
EDGE will leverage FAB's Supply Chain Finance SCF solution for innovative financing opportunities at all stages of EDGE's supply chain, while the AI-powered Treasury Management System TMS will automate treasury operations Abu Dhabi, UAE: June 2025 – EDGE Group, one of the world's leading advanced technology and defence groups, has entered a strategic partnership with First Abu Dhabi Bank (FAB), the UAE's global bank. The agreement covers two major financial initiatives: the implementation of FAB's advanced Supply Chain Finance (SCF) solution and the deployment of its AI-powered Treasury Management System (TMS). Hamad Al Marar, Managing Director and CEO of EDGE said: 'Our partnership with FAB is a strategic enabler of EDGE's global industrial ambitions. It reinforces the financial architecture required to operate at scale, with speed and resilience. In an increasingly competitive and complex environment, this alignment ensures we remain agile, well-capitalised, and positioned for sustained international growth.' Martin Tricaud, Group Head of Wholesale Banking at First Abu Dhabi Bank (FAB), said: 'FAB's partnership with EDGE marks a step forward in building a more resilient supplier ecosystem. We recognise that effective cashflow and supply chain finance are fundamental to sustainable business models. By combining our global expertise with innovative financial solutions, we are enhancing financial agility and enabling long-term value creation.' Through FAB's digital SCF solution, EDGE provides local and international suppliers access to early, low-cost financing, which enhances supplier trust, improves commercial terms, and ensures continuity across critical operations. EDGE's deployment of FAB's AI-powered TMS represents the largest to date. The solution delivers real-time cash visibility, advanced forecasting capabilities, and integrated risk management tools, enabling EDGE to automate treasury operations and optimise liquidity across the Group. The platform provides protection for interest rate risk and FX risk, while improving financial agility, investment planning, and funding. Rodrigo Torres, Group Chief Financial Officer of EDGE, said: 'This partnership reflects EDGE's commitment to embedding financial sophistication and innovation at the core of our operations. By integrating FAB's advanced SCF and AI-powered TMS platforms, we are optimising liquidity and supplier performance while also reinforcing our ability to manage risk and scale with confidence. To date, over AED 1.6 billion in invoices have been processed, unlocking more than AED 1.2 billion in off-balance sheet financing. These solutions enable real-time cash control, intelligent forecasting, and stronger financial governance across the Group – all of which are critical to supporting our long-term growth strategy and industrial objectives.' About EDGE: Launched in November 2019, the UAE's EDGE is one of the world's leading advanced technology groups, established to develop agile, bold and disruptive solutions for defence and beyond, and to be a catalyst for change and transformation. It is dedicated to bringing breakthrough innovations, products, and services to market with greater speed and efficiency, to position the UAE as a leading global hub for future industries, and to creating clear paths within the sector for the next generation of highly-skilled talent to thrive. With a focus on the adoption of 4IR technologies, EDGE is driving the development of sovereign capabilities for global export and for the preservation of national security, working with front-line operators, international partners, and adopting advanced technologies such as autonomous capabilities, cyber-physical systems, advanced propulsion systems, robotics and smart materials. EDGE converges R&D, emerging technologies, digital transformation, and commercial market innovations with military capabilities to develop disruptive solutions tailored to the specific requirements of its customers. Headquartered in Abu Dhabi, capital of the UAE, EDGE consolidates more than 35 entities into six core clusters: Platforms & Systems, Missiles & Weapons, Space & Cyber Technologies, Trading & Mission Support, Technology & Innovation, and Homeland Security.
