£1.6trn worth of UK capital programmes and projects through to 2040 are currently unfunded, potentially risking the completion of critical infrastructure and energy transition projects, according to a new EY report.
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Oracle has announced its fiscal 2024 Q2 results with total quarterly revenues up 5 percent year-over-year in USD and up 4 percent in constant currency to $12.9bn, compared to $12.3bn in the same period in 2023.
Accenture (NYSE: ACN) has made a strategic investment through Accenture Ventures in Parfin, a leading provider of responsible, compliant Web3 infrastructure services to financial institutions in Latin America. Founded in 2019, with headquarters in London and Rio de Janeiro, Parfin offers digital asset custody, trading, tokenization and management tools to some of Latin America’s largest financial institutions. Accenture’s investment in Parfin marks its first Accenture Ventures “Project Spotlight” investment in Latin America.
The infrastructure sector must face up to the transformation required to meet rocketing demand according to newly-launched consultancy Avista Strategy, which is out to challenge the status quo.
The GCC is currently witnessing growing activity in the real estate and construction sectors. As governments look to boost infrastructure plans and promote economic diversification, there is a lot of movement happening in the space of megadevelopments. Matthew Palmer, Managing Director at Alvarez & Marsal, outlines how collaboration and technology can help make mega-projects a success.