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NEW YORK -Wednesday, December 20th 2017 [ AETOS Wire ] (BUSINESS WIRE)-- Starr Companies today announced the appointment of Ambassador Jose L. Cuisia, Jr. as chairman of Starr International Insurance Philippines Branch, a branch of Starr International Insurance (Asia) Limited, a company established and licensed to write general insurance in Hong Kong. Ambassador Cuisia will be working with local management for the strategic development and growth of the branch and other Starr entities for rapid growth in the region. “Joey has had a long and distinguished career in both business and public service, including building Philam Life into the largest and most successful life insurer in the Philippines and serving as Ambassador to the country. We have been great friends and colleagues for a very long time and it is wonderful to work with him again at Starr.” stated Maurice R. Greenberg, chairman, Starr Companies. As Ambassador of the Republic of the Philippines to the United States between ... Read more »
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NEW YORK-Wednesday, December 20th 2017 [ AETOS Wire ] (BUSINESS WIRE)-- Starr Companies today announced the appointment of Steve Blakey as president and chief executive officer of Starr Insurance Holdings. “We are pleased to introduce Steve as our new Company President. With over 35 years of experience, including establishing Starr’s presence in the United Kingdom and throughout Europe as well as making Starr one of the leading providers of aviation and aerospace insurance in the world, Steve is uniquely qualified to lead the company going forward,” stated Maurice R. Greenberg, chairman, Starr Companies. Steve Blakely replaces Chuck Dangelo, who has announced his retirement. “After 46 years in the insurance industry, we would like to thank Chuck for his contributions to our company and industry. He has been instrumental in leading Starr’s growth and we wish him well in his retirement.” About Starr Companies Starr Companies (Starr) is the worldwide marketing name for the operating ... Read more »
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HYATT REGENCY RIYADH OLAYA, the ideal business hotel in Riyadh Riyadh, Saudi Arabia, -Wednesday, December 20th 2017 [ AETOS Wire ] Hyatt Regency Riyadh Olaya celebrates its first successful year by scooping a number of impressive prestigious awards. The hotel was recognized as the ‘Best Business Hotel’ and received the ‘Best Location’ Award in the Middle East by ‘Haute Grandeur Global Hotel Awards’. It was also awarded the 'Best Luxury Business Hotel’ Award, at the 2017 World Luxury Hotel Awards; all of which acknowledge the most exceptional hospitality experiences and services, based on guest satisfaction. The hotel's prestigious restaurant, Azure, was recently recognized as the 'Best Family luxury Restaurant in the Middle East' at the prestigious 2017 World Luxury Restaurant Awards. The award aims to highlight special culinary cultures and nominates five-star restaurants around the world, based on their overall experience offered to guests. Since its opening last January, Azure h ... Read more »
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Children worldwide ages 10 to 14 invited to compete for grand prizes in “DXC Codes” contest showcasing programming innovation and creativity TYSONS, Va. -Wednesday, December 20th 2017 [ AETOS Wire ] (BUSINESS WIRE)-- To inspire technologists of tomorrow, DXC Foundation will host a global coding competition called “DXC Codes,” and invites children ages 10 to 14 to submit computer program coding projects for a chance to win local prizes and a global championship. By supporting education initiatives for science, technology, engineering and mathematics (STEM), DXC strives to spur a passion for programming and computer sciences in today’s youth. DXC Foundation is the philanthropic arm of DXC Technology (NYSE: DXC), the world’s leading independent, end-to-end IT services company. In 2017, DXC Foundation launched DXC Codes, engaging more than 1,700 youth from 14 countries in the competition’s first year. “The competition is a fun way for youth to discover computer science,” said Dan H ... Read more »
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Actions across three divisions to shift the center of gravity towards strengthened competitiveness, higher growth segments and lower risk in line with Next Level strategy ZURICH-Wednesday, December 20th 2017 [ AETOS Wire ] Power Grids: joint venture agreement for electrical substations infrastructure project business with SNC-Lavalin signed, closing expected 2018 Industrial Automation: oil & gas EPC activities to be moved into joint venture together with Arkad; closing of transaction now expected by December 31, 2017 Robotics and Motion: turnkey full train retrofit business to be wound down Fourth quarter 2017 results expected to be impacted by approximately $150 million of operational EBITA and additionally $75 million of non-operational pre-tax charges on net income Management and ongoing project continuity assured in all cases (BUSINESS WIRE)-- ABB today announced actions across three divisions to complete the business model change for engineering, procurement and constru ... Read more »
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–For improved agility in implementing control system projects– TOKYO-Tuesday, December 19th 2017 [ AETOS Wire ] (BUSINESS WIRE)-- Yokogawa Electric Corporation (TOKYO:6841) announces that it has developed an N-IO standard field enclosure and a control system virtualization platform. The enclosure is a weatherproof remote IO cabinet that stores IO devices used by the CENTUM(R) VP integrated production control system and the ProSafe(R)-RS safety instrumented system, and the virtualization platform enables the control of multiple virtual devices on a single server. By reducing the amount of time and effort to engineer a new system, these solutions help to both speed up project execution and reduce total cost of ownership (TCO). The N-IO standard field enclosure is scheduled to be released in February 2018, and the virtualization platform will be released in May 2018. Development Background As global competition intensifies and the market environment changes, manufacturers want to set u ... Read more »
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As Saudi Arabia lifts the ban on cinemas in the Kingdom, Kantar TNS conducts a study to understand how citizens feel about the change, and the impact on behaviours Action movies most preferred, followed by comedy. Travel to UAE and Bahrain for entertainment purposes to reduce. Dubai, United Arab Emirates -Tuesday, December 19th 2017 [ AETOS Wire ] Marketers find another lucrative platform in cinemas to advertise their brands; TV advertising may be negatively impacted 80 percent of the residents support the change; 90 percent of plan to visit malls with cinemas more often 36% of movie-intenders already plan to view local Saudi content with the figure rising to 48% for Arabic content Saudi Arabia’s recent announcement to lift the 3-decade old ban on commercial cinemas is expected to bring further growth prospects in their economic landscape. Latest study by Kantar TNS conducted among Saudi residents reveal fresh opportunities for marketers to make inroads into the kingdom, with ... Read more »
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Dubai, United Arab Emirates.-Sunday, December 17th 2017 [ AETOS Wire ] Display of an Exceptionally Bright, 4K, 300” Plus Image for Commercial and Home Theatre Applications Live Demos of Pro AV, Laser Projector Models, Meeting & Conference Solutions, Education, Home & Outdoor Projectors BenQ acquires #1 in Projector Business in Q3 and Q2 2017 across the MIddle East and Turkey Region Preview of W1700 projector The world’s number one DLP brand, BenQ, launched its newestline of advanced projectors LK970 & LU9915 that are equipped with the brand’s proprietary BlueCore high brightness laser technology, making them perfect for large venue applications. The event also celebrated BenQ’s achievement for ranking #1 in Q2 & Q3 in the Middle East and Turkey region with impressive sales of 55,000 units in the first ten months of the year. There was also seen a sneak preview of W1700, the most awaited 4K Home Cinema Projector of 2018. Furthermore, the launch was witnessed by BenQ’s B2B Chan ... Read more »
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Dubai, United Arab Emirates -Tuesday, December 19th 2017 [ AETOS Wire ] The Hong Kong Trade Development Council (HKTDC) is looking for planning to take the trade relations between the UAE and Hong Kong to the next level with seven global trade fairs to be held in Hong Kong early next year. The UAE is Hong Kong's 17th largest trading partner and 17th largest import supplier. The total import from Hong Kong to the UAE recorded USD 13.2 billion in the first 10 months of 2017. The imports from the UAE to the Hong Kong grew at 2.5 per cent over the last year to US$3.3 billion. Speaking at a Press conference in Dubai, Mr. Abdul Aziz Nasser, Middle East Deputy Director of the HKTDC, said, “With the seven global trade events, we are offering ideal platforms for traders and suppliers from the UAE to expand their businesses into new markets. The UAE and Hong Kong have enjoyed robust bilateral trade relations on a range of products and services over the years.” “We look forward to welcoming m ... Read more »
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Jeddah, Saudi Arabia-Tuesday, December 19th 2017 [ AETOS Wire ] Saja Hotels & Resorts, the leading Saudi hotel and condominium management and operation company, has recently announced the opening of the new Saja AlMadinah Hotel in Madinah, Saudi Arabia. The new hotel is designed to provide pilgrims and visitors to Madinah with the best convenient accommodation in the holy city of Madinah. The four-star hotel is strategically located in the Northern side of the central area, just steps away from the Prophet's (PBUH) Mosque in Madinah. Commenting on the opening, Mr. Mohannad Bin Nabeel Khogeer, Chief Executive Officer of Saja Company noted, “Due to our extensive experience in the Saudi hospitality market, we are conveniently capable to cater to the needs of pilgrims who visit the holy city of Madinah during the Hajj and Umrah seasons. Saja AlMadinah Hotel provides high-quality hospitality services and comfort, its premium location and affordable and competitive prices, all of which he ... Read more »
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SAN FRANCISCO-Tuesday, December 19th 2017 [ AETOS Wire ] (BUSINESS WIRE)-- Andersen Global is proud to announce an expanded presence in the Middle East by way of a Collaboration Agreement with Alem & Associates, the leading law firm in Lebanon. Alem & Associates is headquartered in Beirut, but also has offices in Saudi Arabia and the United Arab Emirates. The firm has over 40 personnel in Beirut, and about 10 in both Riyadh and Dubai. Alem & Associates was founded in 1953 and is led by Senior Partner, Mohamed Y. Alem. The firm advises clients throughout the world but with a focus on the Middle East. Alem & Associates’ legal practice areas include corporate law, tax, mergers & acquisitions, real estate and construction, capital markets, employment and social security, banking & finance, energy and environment, aviation, intellectual property, franchising, technology, media and entertainment, white collar defense and government investigations, litigation and international arbitration. ... Read more »
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Leading broadcaster in the Baltics distributes TV package to Latvia, Lithuania and Estonia via satellite at Astra 5 degrees East LUXEMBOURG-Tuesday, December 19th 2017 [ AETOS Wire ] (BUSINESS WIRE)-- All Media Baltics’ Pay TV subscribers will be able to enjoy the broadcaster’s channel package in HD quality, including its original premium TV channels, at 5 degrees East, following a multi-year capacity agreement announced by SES. Under the agreement, All Media Baltics will use several transponders of satellite capacity on ASTRA 4A to distribute its five original channels and its pay TV channel package to the Baltics, which includes movies, entertainment, and sports. All Media Baltics was created in October 2017 after Providence Equity Partners acquired all of the media and Pay TV companies of Modern Times Group in the Baltics, which was already relying on SES for delivery of its TV package at 5 degrees East. With this agreement, All Media Baltics ensures continuity for audiences a ... Read more »
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