Hisun’s Favipiravir Continuously Supports the Middle East’s Endeavor in Fighting COVID-19

Hisun’s Favipiravir Continuously Supports the Middle East’s Endeavor in Fighting COVID-19

TAIZHOU, China–(BUSINESS WIRE/AETOSWire)– According to news on June 29 from Middle East News Agency, Favipiravir, the popular drug used for treating COVID-19 has shown excellent results in clinical tests. AP, Fox and Deutsche Presse-Agentur have also reported the important role of Favipiravir in the successful fight against the virus in China. Favipiravir was originally developed by Toyama Chemical Co., Ltd. In 2016, the patent of Favipiravir was exclusively franchised to Zhejiang Hisun Pharmaceutical Co., Ltd. (Hisun), which cooperated with CMAM to develop Favipiravir tablets. The finished drug was approved rapidly…

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British Centres for Business to Represent British Lamb in the Middle East

British Centres for Business to Represent British Lamb in the Middle East

DUBAI, United Arab Emirates–(BUSINESS WIRE /AETOSWire)– The British Centres for Business (BCB) has been appointed as the official representative for British lamb in the Middle East, working on behalf of the UK’s Agriculture and Horticulture Development Board (AHDB). The appointment comes in response to rising demand for British lamb internationally and particularly in the Middle East. This appointment will help promote British lamb in the region through the BCB’s reach and relationship with buyers across the key markets. Imports of British lamb into the Middle East saw a dramatic 319%…

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Fourth Edition of the Noon Arts Award

Fourth Edition of the Noon Arts Award

Open Submissions  Sharjah, United Arab Emirates, August 9, 2020, (AETOSWire): Now being held for the fourth consecutive year, the Noon Arts Award is open for submissions.  Organized by the Collage Talent Center at the Sharjah Ladies Club, this prestigious award is presented to UAE-based female artists who are working in the fields of painting, photography, and digital artworks. Because I Can  This year the theme of the competition is the phrase ‘because I can’, chosen in recognition of the difficult times the global community has lived through as a result…

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MetLife Foundation Commits $500,000 to Lebanon Relief Effort

MetLife Foundation Commits 0,000 to Lebanon Relief Effort

NEW YORK–(BUSINESS WIRE/AETOSWire)– MetLife Foundation announced today a commitment of $500,000 to help Lebanon recover and rebuild from the Beirut port explosion. “We were heartbroken to see the destruction in Beirut, and we want to do everything possible to help the people of Lebanon,” said MetLife President and CEO Michel Khalaf. “This financial support from MetLife Foundation will provide for immediate needs and help put the country on the path to recovery.” Through its heritage company Alico, MetLife has operated in Lebanon for more than 65 years and is the…

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Universal Peace Federation: Online Rally Calling for Peace, Reconciliation and Mutual Prosperity

Universal Peace Federation: Online Rally Calling for Peace, Reconciliation and Mutual Prosperity

LONDON–(BUSINESS WIRE/AETOSWire)– (Sunday August 9th, 3 am CET) More than 1 Million are expected to join! World Leaders to point the way forward beyond global challenges including Covid-19, race relations, environmental problems and global economic turndown. Speakers include former UN Secretary-General Ban Ki-moon and H.E. Macky Sall, President of Senegal. UPF Co-Founder Dr. Hak Ja Han will offer a special keynote message of hope to humanity. Registration link for online participants: https://www.rally2020.org World Leaders to Address “Rally of Hope” Despite material advances and the amassing of unprecedented wealth, serious global…

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AM Best Comments on Port Explosion in Beirut

AM Best Comments on Port Explosion in Beirut

LONDON–(BUSINESS WIRE/AETOSWire)– AM Best is monitoring the situation in Beirut, Lebanon, following the devastating explosion at the city’s port on Tuesday, 4 August. The cause of the explosion, which resulted in many casualties and considerable damage is still under investigation. As the situation is unfolding, the likely effect on the local insurance market remains uncertain at this stage. Insurance penetration rates in Lebanon generally are low and property insurance represents only a small fraction of the Lebanese insurance industry, which is dominated by three segments: life, medical and motor. Based…

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Axiory Launches Axiory Intelligence

Axiory Launches Axiory Intelligence

Independent, dedicated News Portal with Around the Clock Market Coverage to Assist Traders Dubai, United Arab Emirates, 5 August 2020, (AETOSWire): – Advanced, global, fintech company Axiory is proud to announce Axiory Intelligence, an independent, dedicated market news portal where traders, investors, and financial enthusiasts can rely on up-to-date, fast, and reliable content to stay informed on global markets. The new portal will include Video updates, webinars, articles, technical analyses, and many more forms of information designed to cater to the needs of traders across the globe. Traders of the…

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$3 Trillion is not enough

 Trillion is not enough

Dubai, United Arab Emirates, 04 August 2020, (AETOSWire): Coronavirus pandemic, and the U.S – China trade tensions have recently hit the U.S extremely hard, which has resulted in a GDP falling a historic -32.9% in Q2 of 2020, slowing down from -5% in the previous period. Meanwhile, the US has already spent $3 trillion propping up the economy since the pandemic struck in March, which helped the short-term economic recovery from mid-April to June. Reasons for USD sell-off and Technical Outlook The greenback still struggling to find an upside momentum…

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Hengli Petrochemical Announces Start-up of its 5th PTA Line Utilising INVISTA’s P8 PTA Technology

Hengli Petrochemical Announces Start-up of its 5th PTA Line Utilising INVISTA’s P8 PTA Technology

SHANGHAI–(BUSINESS WIRE/AETOSWire)– INVISTA’s technology and licensing group, INVISTA Performance Technologies (IPT), and Hengli Petrochemical (Dalian) Co., Ltd (Hengli) are pleased to announce the successful start-up of Hengli’s 5th PTA line. Hengli’s 5th PTA line with 2.5 million tonnes per annum capacity, utilising INVISTA’s industry leading P8 PTA technology, successfully started up on June 29, 2020. Hengli also operates another 4 PTA lines on the same site on Changxing Island (Dalian), all of which utilise advantaged PTA technology licensed from INVISTA, with a total capacity of 11.6 million tonnes per annum. This makes…

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Berkshire Hathaway Specialty Insurance Names Property Leadership in Middle East & Asia

Berkshire Hathaway Specialty Insurance Names Property Leadership in Middle East & Asia

Kapil Palathinkal and Carlos Beltran Promoted to New Roles BOSTON & DUBAI & SINGAPORE–(BUSINESS WIRE/AETOSWire)– Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has appointed Kapil Palathinkal as Head of First Party Lines, Middle East, and Carlos Beltran as Head of First Party Lines, Asia, overseeing General Property, Energy and Construction. “We are pleased to round out our regional property leadership with the promotions of Kapil and Carlos, two experienced leaders who will further build on their valuable contributions to BHSI and our customers,” said Marc Breuil, Head of…

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Union of Arab Banks, Union of Arab Chambers and INSME Issue Digital Economy Guidelines with GCEL

Union of Arab Banks, Union of Arab Chambers and INSME Issue Digital Economy Guidelines with GCEL

GENEVA–(BUSINESS WIRE/AETOSWire)– International organizations released Ten Digital Economy Guidelines in alignment with the G20 Leaders’ policy directives that aim at securing sustainable economic growth. The Guidelines were adopted by the Union of Arab Banks (UAB), Union of Arab Chambers (UAC), International Network for SMEs (INSME), and the Global Coalition for Efficient Logistics (GCEL) to set the foundation for successfully implementing the Digital Economy. The Digital Economy has been a key G20 policy directive since 2015. However, until today, no one has defined the Digital Economy, nor how it can be deployed to rebalance and grow the high, mid and low-income economies. Following…

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CoinEx $50M Ecosystem Development Fund Points First Investment as OneSwap

CoinEx M Ecosystem Development Fund Points First Investment as OneSwap

HONG KONG–(BUSINESS WIRE/AETOSWire)– CoinEx, a global and professional cryptocurrency exchange service provider, announced today the launch of a $50 million Ecosystem Development Fund to back visionary companies whose products and services will facilitate the development of CoinEx’s ecosystem. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200730005444/en/ In addition to financial support, CoinEx will also provide professional advice about product design, technology development, brand building and promotion at the project’s early stage. CoinEx hopes that in this way, it can foster innovations and promote the stable development of…

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MetLife Gulf Releases Its 2020 Claims Report

MetLife Foundation Commits 0,000 to Lebanon Relief Effort

DUBAI, United Arab Emirates–(BUSINESS WIRE/AETOSWire)— MetLife Gulf recently released its latest claims report, underlining its continued support for its customers through its enhanced claims program, “We go out of our way to pay what we say.” The report covers data from 2017-2019 and offers a detailed look at all aspects of Medical and Individual claims for MetLife in the Gulf region, including daily claims payouts by benefit type, cross-border payments, and demographical statistics for medical and individual claims. In the report, MetLife Gulf highlights that it paid an average of…

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Alpho: Hospitality industry after Covid-19 expects long and slow recovery

Alpho: Hospitality industry after Covid-19 expects long and slow recovery

Dubai, United Arab Emirates, Sunday, 28 July 2020: The travel and tourism industry contributes 3 to 3.5% of the global GDP. If we also count related industries, the total contribution of tourism to the global GDP nears 10%. The entire part of the global economy was hit hard with the coronavirus pandemics. As the economies were locked down, the revenue declined by more than 90%. Now the economies reopen, it may be estimated the hospitality industry would recover. According to Alpho analysts it will very likely take a long time.…

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BenQ Crowned No.1 Interactive Flat Panel Brand in the Middle East for Q1 2020

BenQ Crowned No.1 Interactive Flat Panel Brand in the Middle East for Q1 2020

Dubai , United Arab Emirates,   Global leaders in display solutions, BenQ is proud to announce that they have been crowned the No.1 Interactive Flat Panel Brand in the Middle East in  Q1 2020, capturing the education and corporate segments with their reliable and advanced flat panels. The announcement was made after a report by Future-source Consulting, market specialists in visual displays for over nineteen years. They confirmed that BenQ was the number 1 seller of Interactive Flat Panels, into education and corporate markets in 2020 Q1 in the Middle East.…

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3W Networks partners with Anyline to provide highly-efficient automated text recognition software

3W Networks partners with Anyline to provide highly-efficient automated text recognition software

DUBAI, United Arab Emirates & VIENNA, Austria–(BUSINESS WIRE/AETOSWire) —3W Networks, the premier Telecom and Security Systems Integrator, has formally announced a partnership with the Austrian tech company Anyline to provide innovative mobile scanning technology in the MENA region.The partnership will enable businesses to instantly scan and digitize information, such as utility meters, IDs, vehicle license plates and more with a standard smartphone, tablet or rugged device. 3W Networks CEO Walid Gamali said:“By integrating the state-of-the-art scanning technology and innovative features of Anyline, 3W Networks will provide unparalleled telecommunications solutions to…

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Digital Okta and RackNap Join Forces to Boost Cloud Adoption in MENA Region

Digital Okta and RackNap Join Forces to Boost Cloud Adoption in MENA Region

ABU DHABI, United Arab Emirates–(BUSINESS WIRE/AETOSWire)-– Digital Okta, an Abu Dhabi based cloud services provider focused on enabling digital transformation journeys for businesses with cloud, mobility, IoT and Big Data solutions, entered into an alliance with RackNap, a cloud business automation platform, to drive cloud adoption in the MENA region. Digital Okta leverages the best innovations in the cloud to help companies accelerate ahead. They understand that providing great customer experience is crucial to increase cloud adoption – and great customer experience happens when the services are delivered smoothly to…

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Wipro to acquire 4C, a leading Salesforce multi-cloud partner in Europe and the Middle East, with deep Quote-to-Cash expertise

Wipro to acquire 4C, a leading Salesforce multi-cloud partner in Europe and the Middle East, with deep Quote-to-Cash expertise

BANGALORE, India & MECHELEN, Belgium–(BUSINESS WIRE/AETOSWire)— Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has signed a definitive agreement to acquire 4C, one of the largest Salesforce partners in UK, Europe and the Middle East. Established in 1997 with its headquarters in Mechelen, Belgium, 4C is an independent Salesforce Platinum Partner and one of the leading customer-centric consultancies in Europe and the Middle East. 4C has deep capabilities across multiple Salesforce clouds including Sales, Marketing,…

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Procter & Gamble and the IOC Announce an Extension to Their Worldwide Olympic Partnership Through to 2028

Procter & Gamble and the IOC Announce an Extension to Their Worldwide Olympic Partnership Through to 2028

CINCINNATI–(BUSINESS WIRE/AETOSWire) – As the world marks one year to go until the Olympic Games Tokyo 2020, Procter & Gamble (NYSE:PG) and the International Olympic Committee (IOC) affirmed the company’s commitment to the Olympic and Paralympic Movements, with confirmation of its Worldwide Partnership for the next four Olympic and Paralympic Games. Building upon the success of the last 10 years of partnership and the values shared by both organisations to improve life and create a better world, P&G and the IOC are committing to a first-of-its-kind, citizenship-driven partnership to advance…

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Northern Trust Appointed by Azimut (DIFC) Limited to Deliver Asset Servicing and Portfolio Reporting Services

Northern Trust Appointed by Azimut (DIFC) Limited to Deliver Asset Servicing and Portfolio Reporting Services

ABU DHABI, United Arab Emirates & DUBAI, United Arab Emirates–-(BUSINESS WIRE/AETOSWire)— Northern Trust (Nasdaq: NTRS) announced today that it has been appointed by Azimut (DIFC) Limited to provide asset servicing and portfolio reporting for its Dubai International Financial Centre (DIFC) funds in the Middle East. Azimut (DIFC) Limited’s Dubai-managed funds provide its investors with access to a range of investment strategies, private wealth solutions and mutual funds, both proprietary and third-party. As custodian for its DIFC fund range, Northern Trust will deliver portfolio reporting and local servicing in its client’s…

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