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Global report identifies squeeze on traditional value chain and increased competition online London-Thursday, March 9th 2017 [ ME NewsWire ] (BUSINESS WIRE)--Arthur D. Little (ADL) today announced the findings of its five-year forecast of the financial flows within the global media marketplace. It predicts that markets will continue to see a rush of consolidation and vertical integration among traditional media companies as offline advertising revenues and consumer spending stagnate while online advertising and consumer spend rises. The key to future profitability is to participate in this consolidation and aggressively diversify into near-core segments. In “Consolidate, Diversify, or Perish,” ADL’s Technology, Information, Media, and Electronics (TIME) Practice examines how markets around the world have responded to the digital transformation of the media industry. US companies have historically enjoyed higher profitability and revenue growth than their European peers due to greater ... Read more »
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Mobile World Congress 2017 Sees 7 Per Cent Increase in Visitors BARCELONA, Spain-Thursday, March 9th 2017 [ ME NewsWire ] (BUSINESS WIRE)-- The 2017 edition of Mobile World Congress attracted a record 108,000 visitors*, an increase of 7 per cent over the previous year, the GSMA reported today as the show came to a close. Visitors from 208 countries and territories worldwide attended this year’s event, held at the Fira Gran Via and Fira Montjuïc venues in Barcelona. The exhibition hosted more than 2,300 exhibiting companies from both the mobile ecosystem and adjacent industries such as automotive, finance and healthcare, while the four-day conference programme comprised 11 keynote sessions and many more track sessions dedicated to specific industry topics. There were also a record number of government delegations to the Ministerial Programme, plus several new events staged for the first time this year across the two venues. “Mobile World Congress enjoyed another record-breaking y ... Read more »
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● This initiative will help hundreds of patients - from infants to adults - in the UAE suffering from neurological deficits that require specialised care ● As one of the few institutes in Europe, ADELI Medical Centre specialises in paediatric neurorehabilitation Dubai, United Arab Emirates -Thursday, March 9th 2017 [ ME NewsWire ] Emirates Hospitals Group, a leading healthcare services provider in the UAE, has signed an agreement with the Dubai Health Authority (DHA) to help adult and paediatric patients with neurological disorders avail advanced restorative therapy at ADELI Medical Centre, an international clinic for intensive neurorehabilitation in Pieštany, Slovakia. ADELI Medical Centre is part of the Emirates Hospitals Group network. The MoU was signed by His Excellency Humaid Al Qatami, Chairman of the Board and Director General of the DHA and Mr. Pramod Balakrishnan, CEO of Emirates Hospitals Group, recently. With this agreement, Emirates Hospitals Group will facilitat ... Read more »
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HOUSTON-Jeudi 9 Mars 2017 [ ME NewsWire ] (BUSINESS WIRE)-- Erin Energy Corporation (Erin Energy ou la société) (NYSE MKT:ERN) (JSE:ERN) a annoncé aujourd'hui la signature d'un contrat de services de forage avec Pacific Drilling pour l'utilisation de la foreuse Pacific Bora . Erin Energy prévoit d'utiliser cette foreuse pour forer le puits Oyo-9 (Oyo-9) sur le champ d'Oyo dans les eaux profondes au large du Nigeria. Aux termes du contrat, la Société est en droit de forer jusqu'à deux puits supplémentaires. L'option d'extension du contrat, si exercée, serait utilisée pour forer deux de ses prospections au large du Nigeria dans la zone géologique prolifique du Miocène. Jean-Michel Malek, Directeur Général Intérimaire, a déclaré : «La conclusion de ce contrat de forage constitue un pas important vers l'avancement de notre programme de travail pour l’année 2017 et dans le développement du champ Oyo dans les eaux profondes au large du Nigeria. Nous sommes impatients de travailler en étro ... Read more »
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DOHA, Qatar-Thursday, March 9th 2017 [ ME NewsWire ] Qatar University is proud to announce that the school's accounting program has earned endorsement by IMA® (Institute of Management Accountants), one of the largest and most respected associations focused exclusively on advancing the management accounting profession. IMA's Endorsement of Higher Education initiative recognizes programs that meet high educational standards, preparing students to enter into the profession of management accounting. Information about the program is available at “Endorsement by IMA is a symbol showing that our college equips Qatari and non-Qatari students with the necessary professional skills for the job market and career progression in business,” said Dr. Khalid Shams Al-Abdulqader, Dean of the College of Business & Economics, Qatar University. “Our programs provide high-quality academic and applied education that is relevant to Qatar and GCC in alignment with our visio ... Read more »
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Year in Infrastructure 2017 Conference Being Held in Singapore, a City Recognized Globally for BIM Advancements EXTON, Pa.-Wednesday, March 8th 2017 [ ME NewsWire ] (BUSINESS WIRE)-- Bentley Systems, Incorporated, a leading global provider of comprehensive software solutions for advancing infrastructure, today announced its call for submissions to the 2017 Be Inspired Awards program. The awards, which are judged by independent juries of industry experts, recognize infrastructure projects for BIM advancements that improve project delivery and/or asset performance. The deadline for submission entries is May 1, 2017. The Be Inspired Awards are an integral part of Bentley’s Year in Infrastructure 2017 Conference, which takes place Oct. 10-12 in Singapore at Sands Expo and Convention Centre at Marina Bay Sands, one of the most iconic buildings in Asia. The structural design of Marina Bay Sands was done by Arup and was the 2010 Be Inspired Award winner for Innovation in Structural Engi ... Read more »
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HOUSTON-Wednesday, March 8th 2017 [ ME NewsWire ] (BUSINESS WIRE)-- Erin Energy Corporation (Erin Energy or the Company) (NYSE MKT:ERN) (JSE:ERN) announced today the execution of a drilling services contract with Pacific Drilling for use of the Pacific Bora drilling rig. Erin Energy plans to use this rig to drill the Oyo-9 well (Oyo-9) on the Oyo field in the deepwater offshore Nigeria. Under the contract, the Company has the option to drill up to two additional wells. The option to extend the contract, if exercised, would be used to drill two of its offshore Nigeria exploration prospects in the prolific Miocene geological zone. Jean-Michel Malek, Interim Chief Executive Officer commented: “The execution of this rig contract is an important step in advancing our 2017 work program and our development of the Oyo field in the deepwater offshore Nigeria. We look forward to working closely with Pacific Drilling on this drilling program.” The Pacific Bora is a highly efficient sixth gene ... Read more »
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Serving the water needs of the Island of Golden Smiles Manama, Bahrain-Wednesday, March 8th 2017 [ ME NewsWire ] In 1986, Grundfos Pumps and Areej Trading Est. joined hands to fulfill the water needs of the Kingdom of Bahrain. Thirty years later, the success story of the two leading companies is still going strong, helping Bahrain conserve its water resources as efficiently as possible, with a wide range of reliable and energy efficient and sustainable domestic pumps and pump solutions, including Booster pumps, pressure managers, drainage pumps, sewage pumps, hot water circulation pumps, and irrigation pumps, among others. Founded in 1945 in Denmark, Grundfos has built a strong presence in the projects segment in over 50 countries worldwide, through its distributors and partners. It has established itself as a global leader in advanced pump solutions and a trendsetter in water technology; and now stands for responsibility, reliability, efficiency, superior technology and environment ... Read more »
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Unequal pay, lack of mentors and persistent gender bias remain obstacles ROLLING MEADOWS, Ill.-Wednesday, March 8th 2017 [ ME NewsWire ] (BUSINESS WIRE)-- Wage inequality compared to male colleagues, workplace gender bias and a shortage of female role models are among the main barriers faced by women working in the technology field, according to a new survey by global technology association ISACA. Detailed in today’s release of “The Future Tech Workforce: Breaking Gender Barriers” report, which coincides with International Women’s Day this week, survey respondents identified the top five barriers experienced by women in tech as: 1. Lack of mentors (48 percent) 2. Lack of female role models in the field (42 percent) 3. Gender bias in the workplace (39 percent) 4. Unequal growth opportunities compared to men (36 percent) 5. Unequal pay for the same skills (35 percent) “Women are vastly underrepresented in the global technology workforce. This is not only a societal concern, b ... Read more »
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Nearly 40,000 rooms under construction and expected to open in next three years BERLIN & MCLEAN, Va.-Wednesday, March 8th 2017 [ ME NewsWire ] (BUSINESS WIRE)-- Ahead of this year’s International Hotel Investment Forum in Berlin, Hilton (NYSE: HLT) has announced that it has passed the milestone of 100,000 rooms trading across its Europe, Middle East & Africa portfolio. The news comes in a period of unprecedented global growth for the company. In EMEA specifically, this has seen net unit growth of more than 20,000 rooms in the past three years, a trend which is set to continue with close to 40,000 rooms currently under construction and expected to open by the end of 2020. Patrick Fitzgibbon, senior vice president, development, Europe, Middle East & Africa, Hilton said: “Reaching 100,000 trading rooms is a significant milestone for us as a company, particularly given the quality and breadth of Hilton’s portfolio in the region. Our development journey in EMEA continues to set the pac ... Read more »
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● PMI is the only tobacco company among the European Patent Office’s top 100 patent filers. ● The Company has a portfolio of over 1,800 granted patents and almost 4,000 pending applications published for intellectual property generated during the development of its smoke-free products. ● PMI’s ambition is to develop, assess and commercialize products that have the potential to present less risk of harm compared with continued smoking and that ultimately benefit smokers, public health and society at large. ● Science and innovation are key to making a smoke-free future a reality. LAUSANNE, Switzerland-Wednesday, March 8th 2017 [ ME NewsWire ] (BUSINESS WIRE)-- The European Patent Office (EPO) published today its Annual Report including the list of top 100 patent applicants for 2016, with Philip Morris International Inc. (“PMI”) (NYSE / Euronext Paris: PM) ranked 63rd. PMI is the only tobacco company on the list. PMI is committed to a smoke-free future, where non-combustible altern ... Read more »
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O3b’s FastConnect solution brings fiber-equivalent performance to stadium where fiber connection wasn’t possible ST. HELIER, Jersey, Channel Islands-Wednesday, March 8th 2017 [ ME NewsWire ] (BUSINESS WIRE)-- O3b Networks, a wholly owned subsidiary of SES, today announced the company’s high performance satellite-enabled network transformed the match-day experience for tens of thousands of football fans during the just-concluded Africa Cup of Nations. The O3b service was deployed in the northernmost stadium hosting matches, the Stade d'Oyem facility in Oyem, Gabon. The stadium was built to provide a venue for the regional population, but did not have access to a fiber connection, and was without broadband internet just before the first match. A high throughput broadband link was necessary for international transmission of the game, and was also required by journalists covering the match. Before the first kickoff, however, event organisers delivered an equal internet experience to ... Read more »
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● Research conducted with Georgetown University shows how confidence boosts the bottom line ● Increasing worker confidence boosts the bottom line, yielding 22% higher sales ● Confidence can be cultivated and its straightforward to do ● Support in the face of setbacks is key to rebooting lost employee confidence ORLANDO, Fla.-Wednesday, March 8th 2017 [ ME NewsWire ] (BUSINESS WIRE)-- “The confidence cycle is the three-part, cyclical relationship between confidence and success.” The much sought-after road to success isn’t without its bumps, but those setbacks may be a company’s biggest opportunity to inspire confidence in its workforce, says a new study released today by Tupperware Brands Corporation (NYSE: TUP). The Hard Value of Soft Skills report, conducted in partnership with Georgetown University’s McDonough School of Business, found that confidence drives business and professional success and can be systematically cultivated among workers, regardless of geography. The two-y ... Read more »
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Dubaï, Émirats Arabes Unis-Jeudi 9 Mars 2017 [ ME NewsWire ] Son Excellence Mattar Al Tayer, Directeur Général et Président du Conseil d’Administration de l'Autorité des Routes et des Transports (RTA) et Président du Conseil d'administration du Prix Hamdan Bin Mohammed pour l'Innovation en Gestion de Projet, a annoncé l'ouverture des inscriptions pour la première édition du Prix Hamdan Bin Mohammed pour l'Innovation en Gestion de Projet (HBM AIPM). Le Prix, d'un montant total de 2 millions AED (soit 550 000 de dollars américains), vise à identifier, récompenser, encourager, promouvoir et favoriser l'innovation dans la gestion de projet en élaborant une méthodologie innovante de gestion de projet, en créant une base de données pour les meilleures pratiques et modèles d'affaires en gestion de projet, en fournissant une plateforme pour partager des idées novatrices et en offrant une formation sur les compétences de gestion de projet. Le Prix vise la communauté des affaires international ... Read more »
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Mahesh Madhavan to Succeed Michael Dolan as CEO, Effective April 1, 2018 Dolan to Remain on Board of Directors HAMILTON, Bermuda-Wednesday, March 8th 2017 [ ME NewsWire ] (BUSINESS WIRE)-- Family-owned Bacardi Limited, the world’s largest privately held spirits company, today announced that Mahesh Madhavan, a 20-year Bacardi veteran who is currently a member of the Company’s Global Leadership Team and Regional President of Asia, Middle East & Africa, will succeed Michael J. Dolan, who will retire as Chief Executive Officer, effective April 1, 2018. In the interim, Dolan will continue as CEO, while Madhavan will transition to a new role as Regional President of Europe for much of 2017. Dolan will continue to serve on the Bacardi Limited Board of Directors until the 2019 Annual General Meeting, when he will retire from the company. Facundo L. Bacardi, Chairman of the Board of Bacardi Limited, said, “On behalf of the Board, we are delighted to name Mahesh as the next CEO of Bacardi Li ... Read more »
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