News Articles

The EuroMena Funds Successfully Concluded Its Nineteenth Deal by Investing in Retail Holding a Leading Diversified... Beirut, Lebanon -Wednesday, June 21st 2017 [ar] [fr]

EuroMena is pleased to announce the acquisition of a minority stake of Retail Holding SA (the “Group”), a leading Moroccan Retailer. Proceeds of the investment will mainly be used to fund the expansion of the Group. The Group was established in the mid-80s by Mr. Zouhair Bennani,...

Microland Positioned as a Major Contender in Everest Group’s PEAK Matrix™ for Solutions: IT Infrastructure... MELBOURNE, Australia & LONDON & DUBAI, United Arab Emirates & SAN JOSE, Calif. -Wednesday, June 21st 2017 [ar]

(BUSINESS WIRE)-- Microland, a leading global hybrid IT service provider, announced that it has been positioned as a “Major Contender” in Everest Group’s PEAK Matrix™ for Solutions: IT Infrastructure Services Automation 2017. As a part of this report, Everest Group analyzed 15 leading...

YuppTV Teams up with Dharma Productions to Offer the Best of Movie Catalogue on YuppFlix  NEW DELHI -Wednesday, June 21st 2017 [ar]

(BUSINESS WIRE)-- YuppTV, world’s leading OTT brand for South-Asian content has entered into an alliance with Dharma Productions, one of the most successful productions houses in India today. As part of the association, YuppTV users across the globe, excluding India, can now watch various...

First-Ever World Kidney Cancer Q&A Day Highlights Growing Global Burden AMSTERDAM -Tuesday, June 20th 2017 [ar]

(BUSINESS WIRE)-- Kidney cancer is a silent disease that’s on the rise. The global incidence of kidney cancer is predicted to increase by a shocking 22 percent by 2020. Explanations are incomplete, but include risk factors such as aging, obesity, high blood pressure and smoking. The lack of...

IBC2017 Innovation Awards Shortlist Announced: eSports, OTT, IP-OB trucks, and Content Delivered on High Speed Trains... LONDON -Tuesday, June 20th 2017 [ar] [fr]  

(BUSINESS WIRE)-- IBC announces today the shortlist for the IBC2017 Innovation Awards. Demonstrating a breadth of innovation in the electronic media, entertainment and technology industry, the international judging panel reviewed an array of compelling entries, settling on 11 finalists from...

EBank facilitates digital banking with Fiorano  LONDON -Tuesday, June 20th 2017 [ar]

(BUSINESS WIRE)-- Fiorano Software, a leader in enterprise integration, today announced that EBank, a major Namibian commercial bank, has successfully implemented Fiorano ESB to integrate its Temenos T24 core banking system. EBank was looking for easy to configure middleware to handle multiple...

SIAE MICROELETTRONICA to Extend the Microwave Network in the State of Bahia for COELBA, Neoenergia Group MILAN -Tuesday, June 20th 2017 [ar]

(BUSINESS WIRE)-- COELBA, part of the Neoenergia group, is one of the first Power utility companies in Latin America offering a fully digital energy distribution system. In their effort to modernize and improve the quality of life in the state of Bahia, COELBA decided to invest in the upgrade...

GSMA Innovation City Returns to Mobile World Congress Shanghai LONDON -Monday, June 19th 2017 [ar]

(BUSINESS WIRE)-- The GSMA Innovation City will return to Mobile World Congress Shanghai for the fifth year, the GSMA announced today. The popular exhibition space invites visitors to experience how mobile-connected products and services are improving the lives of citizens, enterprises and...

Philip Morris International to Build Smoke-Free Product Facility in Germany LAUSANNE, Switzerland -Monday, June 19th 2017

(BUSINESS WIRE)-- Philip Morris International Inc. (PMI) (NYSE/Euronext Paris: PM) announces plans to invest approximately USD 320 million in a new high-tech facility in Dresden, Germany, to produce HEETS, the tobacco units to be used with the electronic tobacco heating...

Chinese Automaker JAC Motors Exhibited at Expo 2017 Held in Kazakhstan ASTANA, Kazakhstan -Monday, June 19th 2017 [ar] [fr]

(BUSINESS WIRE)-- At the ongoing Expo 2017 in Astana, the leading Chinese automaker JAC Motors and its Kazakhstani distributor showcased three models: the S3, the iEV6S and the iEV5. Echoing the theme of China Pavilion, “Future Energy, Green Silk Road”, JAC also took the opportunity to...

GA Telesis Closes New $225 Million Syndicated ABL Credit Facility with Oversubscription and Tighter Pricing FORT LAUDERDALE, Florida -Monday, June 19th 2017 [ar]

(BUSINESS WIRE)- Leading aviation company GA Telesis, LLC (or the “Company”) announced the closing of a new five year, $225 million ABL credit facility led by HSBC Securities USA and Fifth Third Bank as Joint Lead Arrangers. The company originally sought a new $200 million facility. Due to...

GE Signs $575 Million Agreement with Ministry of Transportation and Egyptian National Railways to Help Transform Rail... CHICAGO & CAIRO -Sunday, June 18th 2017 [ar] [fr]

(BUSINESS WIRE)-- GE (NYSE: GE) announced today that it signed a Letter of Intent with the Ministry of Transportation (MoT) and Egyptian National Railways (ENR), worth $575 million, to supply 100 GE ES30ACi Light Evolution Series Locomotives that can be used for both passengers or freight rail,...

GCC BORGWARD Distributors Experience SUV’s Unparalleled Performance Dubai, United Arab Emirates -Sunday, June 18th 2017 [ar]

BORGWARD Group AG, the global automotive manufacturer, invited distributors and VIP guests from the GCC to Germany for a thrilling, once-in-a-lifetime driving adventure in BX5 and BX7 vehicles. The following local distributors were in Germany to experience first-hand the rich and innovative...

The Estée Lauder Companies Invests in DECIEM, the Abnormal Beauty Company NEW YORK -Saturday, June 17th 2017 [ar]

(BUSINESS WIRE)-- The Estée Lauder Companies Inc. (NYSE:EL) announced today that it has invested in DECIEM, a fast-growing, vertically integrated multi-brand company, driven by a consumer-centric focus that is already impacting the world of beauty. Terms of the investment were not...

Murex Awarded “Best Integrated Treasury and Capital Markets Platform Implementation” of the Year HONG KONG -Friday, June 16th 2017

(BUSINESS WIRE)-- Murex, a global leader in trading, risk management and processing solutions, is pleased to announce it has been awarded “Financial Markets Technology Implementation of the Year – Best Integrated Treasury and Capital Markets Platform Implementation” during the Asian Banker...

IBC Addresses Technological Opportunities and Threats with the Launch Of C-Tech Forum LONDON -Friday, June 16th 2017 [ar] [fr]  

(BUSINESS WIRE)-- IBC announces today the launch of the C-Tech Forum, a series of exclusive invitation-only micro events for C-level executives within media and broadcasting, held over two days. Designed to reflect the changing nature of the media and entertainment industry and converging...

Naseba Facilitates GCC’s First ‘Series A’ Enterprise Blockchain Capital Raise Dubai, United Arab Emirates -Thursday, June 15th 2017

US-headquartered loyalty and rewards platform, Loyyal, has secured the GCC’s first ‘series A’ enterprise grade blockchain capital raise. Built on blockchain and smart contract technology, Loyyal has revolutionized how loyalty programmes are run and rewards delivered. The deal was...

NIKE, Inc. Announces New Consumer Direct Offense: A Faster Pipeline to Serve Consumers Personally, At Scale BEAVERTON, Ore. -Thursday, June 15th 2017

(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) today introduced the Consumer Direct Offense, a new company alignment that allows Nike to better serve the consumer personally, at scale. Leveraging the power of digital, Nike will drive growth—by accelerating innovation and product creation, moving...

Merck Becomes Member of the Worldwide Innovative Network in Personalized Cancer Medicine - WIN Consortium (Paris) PARIS & DARMSTADT, Germany -Thursday, June 15th 2017 [ar] [fr]

(BUSINESS WIRE)-- Worldwide Innovative Network in Personalized Cancer Medicine - WIN Consortium proudly announces today that Merck, which operates its biopharmaceutical business as EMD Serono in the U.S. and Canada, becomes a member of the WIN Consortium. WIN is a network of 40 academic...

Groupe ADP Launches Global Innovation Contest to Imagine the Airport Experience of the Future PARIS -Thursday, June 15th 2017 [ar]

(BUSINESS WIRE)-- Groupe ADP is launching the global challenge "Play Your Airport". This open innovation initiative will allow students, businesses, travellers and the group's employees to reinvent the airport experience with one common goal: creating the airport of the future. "The diversity...