News Articles

Algorand Publicly Opens TestNet BOSTON -Wednesday 17 April 2019

(BUSINESS WIRE)-- Algorand, an open-source software and blockchain technology company, announced today the opening of its TestNet to the public at large. After a successful private TestNet period with several hundred participants, the company is now inviting all businesses, developers and users...

Moody’s Acquires Majority Stake in Vigeo Eiris, a Global Leader in ESG Assessments -Wednesday 17 April 2019

(BUSINESS WIRE)-- Moody’s Corporation (NYSE: MCO) announced today that it has acquired a majority stake in Vigeo Eiris, a global leader in Environmental, Social and Governance (ESG) research, data and assessments. The acquisition furthers Moody’s objective of promoting global standards for...

Bryan, Garnier & Co Makes Significant Move into the Nordics with the Acquisition of Beringer Finance -Wednesday 17 April 2019

(BUSINESS WIRE)-- Today, Bryan, Garnier & Co announced the acquisition of Beringer Finance and the expansion of its partnership. Beringer Finance is a premier, Nordic-focused boutique investment bank with offices in Stockholm, Oslo, Reykjavik and Palo Alto. Throughout the past 10 years, Beringer...

Frost & Sullivan Reveals Healthcare Transformations and Predictions for 2019-2020 in the GCC Countries -Wednesday 17 April 2019  

In 2019, GCC countries will represent 13% of global revenues for healthcare products, with services growing at 12%. The region is witnessing increasing demand for healthcare services, largely driven by increased prevalence of chronic diseases and improved healthcare. While turmoil in oil...

French Biotech CellVax is Now Able to Propose Preclinical Studies in Large Animals -Tuesday 16 April 2019

(BUSINESS WIRE)-- Thanks to this strategic partnership, CellVax can now respond to the strong demand for optimal selection of models that represent the human disease best and is able to offer preclinical studies in large nonrodent species as well as diversified preclinical models or...

Best’s Special Report: UAE Takaful Companies Catching Up with Conventional Peers on Profitability in Highly... -Tuesday 16 April 2019

(BUSINESS WIRE)-- Takaful operators continue to gain traction in the United Arab Emirates (UAE) insurance market as the Takaful segment’s profitability has improved significantly in recent years, according to a new special report by AM Best. In its analysis of the preliminary disclosures of...

Independent large real-world study comparing NOACs in AF-patients -Tuesday 16 April 2019

A recently published large retrospective comparative study investigated stroke, bleeding and mortality risks in older US Medicare patients treated with commonly marketed oral anticoagulants for non-valvular atrial fibrillation1 Results of the real-world study showed that Pradaxa®...

NMC to Open 70-Bed Multi-Specialty Hospital in Al Khan Sharjah -Tuesday 16 April 2019  

NMC Healthcare has announced further expansion of their healthcare network in Sharjah. The company plans to open a multi-specialty hospital in the Al Khan neighborhood of Sharjah. This state-of-the-art hospital will provide specialised medical services to residents of the emirate of Sharjah and...

Suqia Announces Details of 2nd Mohammed Bin Rashid Al Maktoum Global Water Award, with Prizes Totalling USD1 Million -Tuesday 16 April 2019      

HE Saeed Mohammed Al Tayer, Chairman of the Board of Trustees of the UAE Water Aid Foundation (Suqia), announced details of the 2nd Mohammed bin Rashid Al Maktoum Global Water Award, launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of...

Fluor Awarded U.S. Army’s LOGCAP V Contract for U.S. Africa Command -Tuesday 16 April 2019  

(BUSINESS WIRE)-- Fluor Corporation (NYSE: FLR) announced today that the U.S. Army Sustainment Command has awarded Fluor the Logistics Civil Augmentation Program (LOGCAP) V contract to provide regional forward planning support for U.S. Africa Command (AFRICOM). This LOGCAP V contract includes a...

97% of Gemalto shares have been tendered to the Thales offer -Tuesday 16 April 2019

Following the Post-Closing Acceptance Period, which ended yesterday, approximately 97.02% of Gemalto shares have now been tendered to the Thales offer Settlement of Shares tendered during the Post-Closing Acceptance Period will take place on 18 April 2019 Thales will initiate the...

Mashreq Raises the Bar on Premium Card Payment Experience with IDEMIA -Monday 15 April 2019  

(BUSINESS WIRE)-- Mashreq Bank, one of the leading financial institutions in the UAE, boasts a proud tradition of introducing cutting-edge banking products for its customers. It was the first bank to introduce “Portrait”, the UAE’s first “selfie” credit card, which allowed card holders...

State Street Appoints Francisco Aristeguieta to Lead Its International Business -Monday 15 April 2019

(BUSINESS WIRE)-- State Street Corporation, (State Street), NYSE:STT today announced that it has appointed Francisco Aristeguieta to chief executive officer for its international business. Aristeguieta, who joins the company in July, will report to State Street president and CEO, Ron O’Hanley...

Boehringer Ingelheim acquires stake in SoundTalks NV, begins pilot programme -Monday 15 April 2019

• Boehringer Ingelheim plans a pilot programme using the innovative SoundTalksTM system in select pig barns • The goal is to harness the power of digital innovation and technological change to detect possible respiratory distress in swine quickly (BUSINESS WIRE)-- Boehringer Ingelheim...

New post-hoc analysis of EMPA-REG OUTCOME® examined cost-effectiveness of empagliflozin versus standard... -Monday 15 April 2019  

Empagliflozin, in addition to standard of care, has the potential to improve economic outcomes for people with type 2 diabetes and established cardiovascular disease who also have diabetic kidney disease, from a US payer perspective1 Cost effective analysis used modeling and simulations...

Turkeyol: The Volume of Trade Between the Middle East and Turkey Has Surpassed 40 Billion US Dollars -Monday 15 April 2019  

(BUSINESS WIRE)-- The figures provided by e-commerce platform Turkeyol indicate that the volume of trade between the Middle Eastern countries and Turkey grew by 25% in the last decade to 42,913 million US Dollars. The largest growth of trade volume was recorded with Iraq with 141%, followed by...

Governance in Times of Rapid Change: Hawkamah and ICSA to Emphasise the Impact of Corporate Governance on... -Monday 15 April 2019  

Hawkamah’s annual conference will be held in partnership with ICSA: The Governance Institute, the leading professional body for governance in the UK The institutes are promoting the best governance trends in the region The 2019 conference will explore how good governance can boost...

SNC-Lavalin appoints Craig Muir as President of its global Resources sector -Monday 15 April 2019  

SNC-Lavalin is pleased to announce that Craig Muir has been appointed President, Resources, effective April 08, 2019 reporting to Ian Edwards, Chief Operating Officer. As part of the Executive Committee, Mr. Muir is based in the United Arab Emirates and leads the company’s global Resources...

Sharjah Ruler Opens Historic Dh 6-Billion Khorfakkan Highway Along with Number of Ambitious Projects -Monday 15 April 2019  

HH Sheikh Dr Sultan bin Mohamed Al Qasimi, Supreme Council Member and Ruler of Sharjah, accompanied by HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, and HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah,...

Ferns N Petals Opens up a New Gift Shop in Abu Dhabi - A Customer Friendly Move -Sunday 14 April 2019

(BUSINESS WIRE)-- Ferns N Petals, World’s largest florist chain and leading online gifting portal with its delivery services across UAE, India and 70 more countries, has recently opened a new retail outlet in Abu Dhabi on 1st April. This move is in line with company’s expansion strategy in...