News Articles

GCC Businesses are still not prepared for VAT Implementation finds new survey Dubai, United Arab Emirates. -Wednesday, July 12th 2017 [ar]

With less than six months until the GCC implements value added tax (VAT), a new survey from ACCA (the Association of Chartered Certified Accountants) and Thomson Reuters has found that there is a significant lack of preparation and awareness among businesses in the region of how it will affect...

Toshiba Memory Corporation Develops World's First 3D Flash Memory with TSV Technology TOKYO -Wednesday, July 12th 2017 [ar]  

(BUSINESS WIRE)-- Toshiba Memory Corporation, the world leader in memory solutions, today announced development of the world’s first[1] BiCS FLASH™ three-dimensional (3D) flash memory[2] utilizing Through Silicon Via (TSV)[3] technology with 3-bit-per-cell (triple-level cell, TLC)...

Intuit Launches Global Search for 2017 Firms of the Future MOUNTAIN VIEW, Calif. -Wednesday, July 12th 2017 [ar] [fr]

(BUSINESS WIRE)-- Intuit Inc. (NASDAQ:INTU) is searching for the next Firm of the Future and is inviting accounting firms based in Australia, Canada, the United Kingdom and the United States to enter the contest and vie for the coveted title. Following the widely successful global search for...

LCH SwapAgent Implements Murex PARIS -Wednesday, July 12th 2017

(BUSINESS WIRE)-- Murex, a global leader in trading, risk management and processing solutions, announces that LCH SwapAgent has selected its MX.3 capital markets platform. This new service for the non-cleared derivatives market will use Murex technology for trade processing, valuation, margining...

Sumitomo SHI FW Wins Contract for Recycled Wood Fired CFB Boiler ESPOO, Finland -Wednesday, July 12th 2017 [ar]  

(BUSINESS WIRE)-- Sumitomo SHI FW announces today that it has been awarded a contract by Mälarenergie AB for design, supply and assembly of a circulating fluidized-bed (CFB) steam generator for Mälarenergie’s heat and power plant, in Västerås, Sweden. Under the contract Sumitomo SHI FW...

Saudi Arabia Denies Report That It is Linked to UK Extremists and Demands Evidence of the Allegations Jeddah, Saudi Arabia -Wednesday, July 12th 2017 [fr]  

The Kingdom of Saudi Arabia denied allegations circulated in a report carried by the British media this week that it is linked to UK terrorism and demanded that the think tank produce the evidence behind the allegations. Following the publication of the Henry Jackson Society report which...

Sub-Saharan Africa to Surpass Half a Billion Mobile Subscribers by End of Decade, Finds New GSMA Study DAR ES SALAAM, Tanzania -Tuesday, July 11th 2017 [ar]

(BUSINESS WIRE)-- More than half a billion people across Sub-Saharan Africa will be subscribed to a mobile service by the end of a decade, according to a new GSMA study. The new report, ‘The Mobile Economy: Sub-Saharan Africa 2017’, was published today at the GSMA Mobile 360 – Africa event...

GC Securities* Completes First Ever Indemnity Triggered Multi-Europe Peril Only 144A Catastrophe Bond for Assicurazioni... NEW YORK -Tuesday, July 11th 2017 [ar]

(BUSINESS WIRE)-- GC Securities, a division of MMC Securities LLC, a U.S. registered broker-dealer and member FINRA/NFA/SIPC, today announced the placement of Principal At-Risk Variable Rate Notes, with notional principal at €200,000,000, through a newly formed special purpose vehicle...

GSMA Report Highlights Impact of Taxation on Mobile Connectivity in Sub-Saharan Africa DAR ES SALAAM, Tanzania -Tuesday, July 11th 2017 [ar]

(BUSINESS WIRE)-- The GSMA today announced findings from its latest report, ‘Taxing Mobile Connectivity in Sub-Saharan Africa: A review of mobile sector taxation and its impact on digital inclusion’. The report provides an overview of the tax and fee regime applied to mobile services and its...

Watermark Marketing Management Dubai Wins Gold at the  2017 Summit Creative Award Dubai, United Arab Emirates. -Tuesday, July 11th 2017  

Out of more than 5,000 submissions from 21 countries, Watermark Marketing Management walked away with 1 Gold and 2 Bronze at the 2017 Summit Creative Award®. The agency received this recognition for creatives done for their client Wanzl Middle East as well as for their own work for industry...

The Broad Institute of MIT and Harvard Among Those Participating in MPEG LA’s CRISPR-Cas9 Joint Licensing... DENVER -Tuesday, July 11th 2017 [ar]

(BUSINESS WIRE)-- World licensing leader MPEG LA, LLC is pleased to announce that key CRISPR patent holders have submitted patents in response to MPEG LA’s call to participate in the creation of a global CRISPR-Cas9 Joint Licensing Platform and that patent submissions continue to be...

Managed FZ-LLC Offers Complete Patch Management Solutions for Cyber-Vulnerable Businesses & Organizations Dubai, United Arab Emirates. -Tuesday, July 11th 2017 [ar]  

The recent WannaCry and Petya ransomware outbreaks were devastating attacks with over 400,000 machines infected with WannaCry in 150+ countries. Conducted on an unprecedented scale, these attacks were maximized by unpatched machines allowing the malware to exploit vulnerabilities like Windows...

QNB Group: Financial Results for the Six Months Ended 30 June 2017 DOHA, Qatar -Tuesday, July 11th 2017 [ar] [fr]  

QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the six months ended 30 June 2017, which is the highest in the history of QNB Group. For the first six months of 2017, Net Profit reached QAR6.7 billion (USD1.8 billion), up by...

Final Phase III Study Results Confirm Benefit of Praxbind® as Reversal Agent for Pradaxa®... INGELHEIM, Germany -Tuesday, July 11th 2017  

Complete data set from 503 patients show that Praxbind® (idarucizumab) led to immediate, complete and sustained reversal of the anticoagulant effect of Pradaxa® (dabigatran etexilate) in emergency settings1 Final results from RE-VERSE AD™ were presented as a late-breaker at the ISTH...

GSMA Announces New Developments in Mobile for Development Programme Initiatives DAR ES SALAAM, Tanzania -Tuesday, July 11th 2017 [ar]

(BUSINESS WIRE)-- At Mobile 360 – Africa, the GSMA today announced several developments in its Mobile for Development programme, all of which support the United Nations Sustainable Development Goals (SDGs). The Connected Woman initiative announced new commitments by five mobile network...

Arzan Wealth Exceeds Expectations with Sale of Warehouse in Oslo, Norway Dubai, United Arab Emirates -Tuesday, July 11th 2017 [ar]  

Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that it has advised on the successful sale of a prime logistics warehouse in Oslo, Norway leased to Onninen AS (“The Property”). The...

Coriant Appoints Khaled Zeidan as Managing Director, Middle East and Africa CAIRO -Tuesday, July 11th 2017 [ar]

(BUSINESS WIRE)-- Coriant, a leading supplier of packet optical, IP, and SDN solutions to Tier 1 global service providers and web-scale Internet operators, today announced the appointment of Khaled Zeidan as Managing Director of Middle East and Africa. In his role, Zeidan will be responsible for...

One of America's Most Iconic Resorts, Hotel del Coronado, to Join Exclusive Curio Collection by Hilton SAN DIEGO & MCLEAN, Va. -Monday, July 10th 2017 [ar]  

(BUSINESS WIRE)-- World-renowned Hotel del Coronado, set on one of the country's award-winning beaches, will officially join the exclusive Curio Collection by Hilton in July 2017. The hotel was hand-picked to be a part of the collection of one-of-a-kind independent hotels and resorts all...

Andersen Global Initiates Expansion in Egypt SAN FRANCISCO -Monday, July 10th 2017 [ar]  

(BUSINESS WIRE)-- Andersen Global is proud to announce the addition of a presence in Egypt by way of a Collaboration Agreement with Maher Milad Iskander and Co., an Egyptian tax and legal firm based in Cairo. “Our collaboration with the member firms of Andersen Global enhances our ability...

Masimo Announces CE Marking of rainbow® Super Sensor NEUCHATEL, Switzerland -Monday, July 10th 2017 [ar]  

(BUSINESS WIRE)-- Masimo (NASDAQ: MASI) announced today the CE marking of the rainbow® Super DCI®-mini sensor, a reusable spot-check sensor that features Masimo SET® Measure-through Motion and Low Perfusion™ pulse oximetry and rainbow SET™ technology with multiple physiologic...