Crescent Petroleum CEO shares insights on the impact of technology on the region’s energy sector at INSEAD Leaders Forum Dubai, United Arab Emirates - Sunday, September 25th 2016 [ME NewsWire] Adoption of new technologies can boost the region’s energy sector in output and competitiveness at a time of reduced oil prices and global competition from new suppliers, according to a regional energy executive. Delivering the keynote address at the closing of the INSEAD Leaders Forum in Dubai on Wednesday, September 21, Majid Jafar, CEO of Crescent Petroleum and Vice-Chairman of the Crescent Group, highlighted the challenges from lower oil prices on company operating models and regional budgets, as well as the need for keeping up with global trends in the face of competing supplies from US shale oil and other regions. He also described the impact of new technologies such as electric cars and energy efficiencies, and alternative energy sources which are emerging in the region. According to ... Read more »

Dr Ahmed Samerai: “Business leaders to find the time to make a real difference.” Dubai, United Arab Emirates - Thursday, September 29th 2016 [ME NewsWire] Dr Ahmed Samerai, Founder of SAHARA and the Samerai Foundation, was recently presented with the Special Recognition Award at the CEO Middle East Awards 2016 for his philanthropic work around the world. Held at a gala dinner with more than 400 business leaders in attendance at the Four Seasons Resort Dubai, the CEO Middle East Awards 2016 honours CEOs from across the region who have delivered outstanding results in their fields, as well as those who have made a vital contribution to the vibrancy of business across the region. Dr Samerai, who started the foundation in 2010, dedicated the award to other MENA business leaders, and urged them to find time to support causes that matter. Speaking on the award, he said: “It is a great honour to be given this award and to be recognised for something that is so close to my heart. As part ... Read more »

AGCO’s participation in the task data exchange will lead to high-tech solutions for customers DULUTH, Ga. - Tuesday, September 27th 2016 [ME NewsWire] (BUSINESS WIRE)-- AGCO Corporation (NYSE:AGCO), a world-leading manufacturer and distributor of agricultural equipment, is proud to announce its participation as a founding member of the DKE Data-Hub initiative. This participation is one example of how AGCO’s precision agriculture strategy, Fuse®, continues to expand its open approach to precision farming through new partners and alliances to provide better solutions to its customers. Through the DKE Data-Hub, AGCO is working with other leaders in the agricultural industry to solve data communication and conversion problems for growers. With release planned for 2018, the Data-Hub will tackle the issue of allowing data transfer and conversion from multiple suppliers and OEMs to communicate with each other. Rather than needing multiple communication paths between technologies, the Data ... Read more »

Further Dialogue Required As Egypt 4G licences Receive No Bids From Mobile Operators LONDON - Thursday, September 29th 2016 [ME NewsWire] (BUSINESS WIRE)-- The GSMA has called for a renewed dialogue between the Egyptian authorities and the country’s mobile industry after the offering of 4G licences failed to attract any bids from Egypt’s three mobile operators. The GSMA understands the existing mobile operators are ready to support and invest in 4G in Egypt if sufficient spectrum is allocated, at a fair price, so that 4G services can be operated efficiently and enable customers to enjoy significantly faster speeds. “We urge the Egyptian government to increase the amount of spectrum offered to mobile operators to facilitate the speedy roll-out of 4G services in Egypt” said John Giusti, GSMA’s Chief Regulatory Officer. “The GSMA firmly believes revised licence conditions arrived at through a transparent, consultative process with the industry, would better serve consumers and enhance ... Read more »

Les normes nouvellement ratifiées étendent la valeur des infrastructures existantes en offrant un chemin de mise à niveau pour plus de 70 milliards de mètres de câbles Cat5e/Cat6 vendus BEAVERTON, Ore. - Mercredi 28 Septembre 2016 [ME NewsWire] (BUSINESS WIRE)--L'Ethernet Alliance, un consortium mondial qui se consacre au succès et à la progression continuels des technologies Ethernet, a acclamé la ratification aujourd'hui de IEEE 802.3bz™, Norme pour modification d'Ethernet : Paramètres Media Access Control, paramètres des couches physiques et de gestion pour le fonctionnement à 2,5 Go/s et 5 Go/s. Comme cette évolution incrémentielle de la bande passante de la couche d'accès permettra d'aller au-delà de 1 Gigaoctet par seconde (Go/s), elle permettra de répondre aux besoins émergents de différents paramètres et applications, y compris dans des environnements d'entreprise, dans les réseaux sans fil, et bien plus. « Les besoins en matière de données des utilisateurs finaux - tant fi ... Read more »

LONDON - Wednesday, September 28th 2016 [ME NewsWire] (BUSINESS WIRE)-- SmartStream Technologies, the financial Transaction Lifecycle Management (TLM) specialist, today announced that Banque Saudi Fransi (BSF), a leading provider of banking products and services headquartered in the Kingdom of Saudi Arabia, has selected its Corona Cash & Liquidity solution. Implementation of Corona Cash & Liquidity will provide the bank with new levels of visibility and control over its liquidity and transaction processing. Thus, the solution will facilitate compliance with regulatory requirements, improve fraud detection, increase levels of straight-through processing and help improve customer service. Phase one of the project will see BSF meet the Intraday Liquidity Monitoring Tools regulation deadline of 1st January 2017, as set by the Saudi Arabian Monetary Agency (SAMA). Phase two of the project will see a bank-wide implementation creating a Centre of Excellence for both the bank and its custome ... Read more »

Newly ratified standard extends value of existing infrastructures by offering upgrade path for more than 70 billion meters of Cat5e / Cat6 cabling sold BEAVERTON, Ore. - Wednesday, September 28th 2016 [ME NewsWire] (BUSINESS WIRE)-- The Ethernet Alliance, a global consortium dedicated to the continued success and advancement of Ethernet technologies, today hailed ratification of IEEE 802.3bz™, Standard for Ethernet Amendment: Media Access Control Parameters, Physical Layers and Management Parameters for 2.5 Gb/s and 5 Gb/s Operation. Enabling access layer bandwidth to evolve incrementally beyond 1 Gigabit per second (Gb/s), it will help address emerging needs in a variety of settings and applications, including enterprise, wireless networks, and more. “End user data needs – both wired and wireless – are continuing to grow, especially as more and more users access the network via ever-faster wireless technologies enabled by IEEE 802.11ac™. The 1000BASE-T uplink from the wireless to w ... Read more »

DC Super Hero Girls Take Center Stage in Music Video for Female Empowerment Anthem “That’s My Girl” BURBANK, Calif. - Wednesday, September 28th 2016 [ME NewsWire] (BUSINESS WIRE)-- Warner Bros. Consumer Products (WBCP) and DC Entertainment (DCE) today announced a partnership with the award-winning, pop powerhouse Fifth Harmony to collaborate on the first-ever DC Super Hero Girls music video, showcasing the pop sensation’s new single, “That’s My Girl.” Featuring Wonder Woman, Supergirl, Batgirl, Harley Quinn, Bumblebee, Poison Ivy and Katana, the animated DC Super Hero Girls music video is available for viewing on the official DC Super Hero Girls YouTube channel. “We all grew up with these strong female Super Heroes and it’s amazing to see how they have come together to show girls that anything is possible,” said the ladies of Fifth Harmony. “Our new single ‘That’s My Girl’ is the perfect anthem for DC Super Hero Girls and we are excited to team up with our new squad on this video to ... Read more »

Dubai United Arab Emirates - Thursday, September 29th 2016 [ME NewsWire] Despite the fact that FinTech has been causing significant digital disruption to global finance for almost a decade, the sector is still in need of strong guidance against regulatory hurdles, says a new report from ACCA (the Association of Chartered Certified Accountants). The report, FinTech – transforming finance, finds that while FinTech’s impact on finance and banking is proving to be as revolutionary to the sector as the internet has been for other areas of the economy, the rapid growth of such firms in the face of traditional regulatory models could increasingly become a barrier to success. Lindsay Degouve de Nuncques, head of Middle East at ACCA, thinks that the rise of FinTech is good news for industry innovation and consumer choice; ‘While the scale of transformation is hard to predict, there is no doubt that the impact of FinTech across the traditional functions of finance has been significant. Majo ... Read more »

BURGESS HILL, England - Wednesday, September 28th 2016 [ME NewsWire] (BUSINESS WIRE)-- Edwards is proud to have launched a new turbomolecular pump, the nEXT85, which builds on the success of the highly popular EXT75DX to deliver a pump with significantly improved performance in a smaller package, while maintaining the same high levels of reliability. The new nEXT85 rotor has been optimised to achieve both higher speeds and higher compression while maintaining reliability and reducing size. John Wood, Senior Product Manager, Scientific Pumps at Edwards commented, “We are delighted to launch the new nEXT85 – it is an incredible leap in technology, offering class leading performance for all applications, and yet is the smallest pump in its class on the market.” nEXT85 is perfectly suited to a range of R&D and High Energy Physics applications, and ideal for analytical instrument uses. nEXT85 delivers the operational and service benefits of the existing larger nEXT range such as end user s ... Read more »

New Collaboration Will Provide Customs Officers With Real-Time Information on Authenticity of Mobile Devices LONDON & BRUSSELS - Wednesday, September 28th 2016 [ME NewsWire] (BUSINESS WIRE)-- The GSMA and the World Customs Organization (WCO) today announced an agreement to collaborate in the fight against the counterfeiting and fraudulent trading of mobile devices. The partnership will focus on the integration of the GSMA’s mobile device database with the WCO’s IPM mobile platform that will give customs officers global, real-time product information on devices enabling them to assess the authenticity of device shipments as they cross borders. The move is intended to improve cross-border trade procedures, assist with the rapid detection of counterfeit goods and secure the international trade supply chain. “The trading of counterfeited mobile devices is a global issue that has a number of severe consequences to its victims, such as safety concerns related to the release of substandar ... Read more »