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Dubai, United Arab Emirates -Monday, April 24th 2017 [ ME NewsWire ] Phoenix Contact could generate a sales growth of 3.2 percent. Compared to the industry surely not bad. However, our planned target of six percent could not be achieved also due to exchange rate effects,” CEO Chairman of the Executive Board, Frank Stührenberg, explained Phoenix Contact´s economic development in the last year at the press conference. With it, the turnover of the Company Group increased to 1.977 billion euros. “In Italy, Russia and India for example, we could achieve a very positive sales growth between 12-17 percent,” Stührenberg explained the diverse market development. “Thanks to the dynamic growth in the electromobility market, the subsidiary Phoenix Contact E-Mobility even achieved a sales growth of 70 percent”. The manufacturer of industrial electronics invested 150 million euros in the development of the Company Group in 2016. 500 new employees joined the company last year. For the current y ... Read more »
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Hannover Messe: A Global Hacking Contest to Test the Strength of Blurry Box, the Pinnacle of Encryption KARLSRUHE, Germany -Monday, April 24th 2017 [ ME NewsWire ] (BUSINESS WIRE)-- For the opening of the Hannover Messe, Wibu-Systems, the leading provider of secure license management in the industrial world, launches a new global hacking contest to prove the validity and strength of Blurry Box®, a new revolutionary encryption method. Starting today, online registrations are open to all hackers at www.blurrybox.com. The contestants will have three weeks to break the code and report their exploits for their chance to win €50,000. The contenders have to hack a game application that is protected with Blurry Box and prove they can run the software without Internet connection and the associated hardware secure element. The hijacks will be reported directly to an external jury of IT security scientists: Professor Dr. Thorsten Holz, Deputy Director of the Horst Goertz Institute (HGI) and ... Read more »
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ABU DHABI, United Arab Emirates -Monday, April 24th 2017 [ ME NewsWire ] Experts and researchers from local and international bodies will attend a workshop on the Illegal Trafficking of Raptors in the Middle East and North Africa in the UAE capital. Organized by the Emirates Falconers’ Club in collaboration with the International Association for Falconry and Conservation of Birds of Prey, the workshop under the title “Illegal Trafficking of Raptors in the Middle East and North Africa, Current Situation and Future Solutions” will take place on Tuesday April 25, at the Centro Rotana Capital Centre, in Abu Dhabi. The workshop aims to support international efforts in addressing the challenges faced by falconers and those keen in protecting the environment and preserving heritage and nature. The workshop will discuss two key areas of trafficking in birds that will highlight the process of controlling falconry and dealing with it in light of the threats posed by illegal traffickers. The ... Read more »
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The Middle Eastern regional platform of the German company Wilo SE showcased its latest solutions and technologies for the promising Pakistani market Dubai, United Arab Emirates -Monday, April 24th 2017 [ ME NewsWire ] Wilo Middle East FZE, the leading pump manufacturer Headquartered in Germany, hosted on the 6th of April its first customer seminar at Pearl Continental Hotel, Karachi, Pakistan, to unravel the newest generations of pumps and pump systems to help create sustainable and reliable buildings. The seminar represented a valuable platform to acquaint customers with the state-of-the-art solutions and technologies provided by Wilo for building services, water management and industrial sectors. “Wilo has always been keen to foster its relationships with its customers, and this seminar provides a unique opportunity for the Pakistani market to leverage our latest technologies, and allows meeting contractors, planners and government authorities,” said Dr. Amer Mokbel, Sales Directo ... Read more »
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Jeddah, Saudi Arabia, -Monday, April 24th 2017 [ ME NewsWire ] KONE Corporation, a global leader in the elevator and escalator industry, has won the order to supply 153 elevators in 8 different projects commissioned by Alargan Projects in Saudi Arabia. The projects involved are located in Dammam, Yanbu, Riyadh and Al Jubail. They include Al Suhool Strip Mall, Al Rehab Strip Mall, Green Oasis Residential Buildings, Murooj apartments and others. “We are delighted to be working with KONE on multiple projects. It is a huge collaboration between two companies that strive for quality and excellence. These projects will lead to the development of many residential and commercial units in the market of Saudi Arabia and we are proud to have KONE with us on this journey. ” said Andrew Brosnan, Portfolio Manager at Alargan Projects. The order was booked in the third quarter of 2016. About KONE: KONE is one of the global leaders in the elevator and escalator industry. KONE's objective is to of ... Read more »
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DENVER -Lundi 24 Avril 2017 [ ME NewsWire ] (BUSINESS WIRE) - Newmont Mining Corporation (NYSE : NEM) (Newmont ou la Société) a annoncé des plans pour étendre la production rentable de ses activités à la mine Ahafo, en construisant une nouvelle mine souterraine et en augmentant la capacité de l'usine de plus de 50 pour cent. La mine Subika Underground devrait produire 1.8 million d'onces d'or pendant une durée de 11 ans de vie de la mine et présenter des notes de minerai de 4.7 grammes par tonne. L'expansion de l'usine devrait améliorer les marges et soutenir la production rentable à Ahafo d'au moins ici 2029. « Nous développons une performance solide et une infrastructure robuste en investissant dans la prochaine génération de production rentable à Ahafo», a déclaré Gary Goldberg, Président Directeur Général chez Newmont. « La mine Subika Underground créera également une plateforme pour soutenir une croissance à plus long terme. Les résultats d'exploration récents démontrent une hau ... Read more »
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DENVER -Saturday, April 22nd 2017 [ ME NewsWire ] (BUSINESS WIRE)-- Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) announced plans to extend profitable production at its Ahafo operations by building a new underground mine and expanding plant capacity by more than 50 percent. The Subika Underground mine is expected to produce 1.8 million ounces of gold over an 11-year mine life, and features ore grades of 4.7 grams per tonne. The mill expansion is expected to improve margins and support profitable production at Ahafo through at least 2029. “We are building on strong performance and solid infrastructure by investing in the next generation of profitable production at Ahafo,” said Gary Goldberg, President and Chief Executive Officer. “The Subika Underground mine will also create a platform to support even longer-term growth. Recent exploration results demonstrate considerable upside within the Subika deposit and adjacent Apensu Deeps deposit.” The projects have been opt ... Read more »
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LAS VEGAS-Thursday, April 20th 2017 [ ME NewsWire ] Revenue of $49 million, up 42% year over year Deferred revenue of $165 million, up 44% year over year Total invoicing of $50 million, up 34% year over year Nearly 1,900 total signed clients to date, up 40% year over year (BUSINESS WIRE)-- Rimini Street, Inc., the leading global independent provider of enterprise software support services for SAP SE’s (NYSE:SAP) Business Suite, BusinessObjects and HANA Database software and Oracle Corporation’s (NYSE:ORCL) Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database, Oracle Middleware, Hyperion, Oracle Retail, Oracle Agile PLM and Oracle ATG Web Commerce software, today announced preliminary financial results for its fiscal 2017 Q1 ending March 31, 2017. Record Revenue and Strong Momentum The Company’s 2017 Q1 marked its 45th consecutive quarter of sequential revenue growth, with record revenue of $49 million, an increase of 42% year over year, and annual run-rate revenue e ... Read more »
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