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ABU DHABI, United Arab Emirates-Tuesday, December 19th 2017 [ AETOS Wire ] The Ministry of Economy and the Department of Economic Development – Abu Dhabi have officially launched TIP platform, A platform that will host a community of pioneers in technology and innovation locally, regionally and globally. TIP will also have specialized sub-platforms and will soon launch an award managed by TIP. The launch took place during a signing ceremony attended by HE Eng. Sultan bin Saeed Al Mansouri, Minister of Economy, and HE Saif Mohammed Al Hajeri, Chairman of Abu Dhabi Department of Economic Development, and was signed by HE Eng. Mohammed Ahmed bin Abdul Aziz Al Shehhi, undersecretary for Economic Affairs, and HE Khalifa Bin Salem Al-Mansouri, undersecretary of the Department of Economic Development – Abu Dhabi, in the presence of a number of senior officials from both sides. HE Eng. Sultan bin Saeed Al Mansouri said, the Ministry of Economy and the Department of Economic Development – A ... Read more »
Views: 191 | Added by: uaeonlinenews | Date: 12.21.2017

Timor Telecom leverages synergies between SES’s GEO and O3b MEO satellite networks to fulfill residents’ wide-ranging connectivity needs LUXEMBOURG-Monday, December 18th 2017 [ AETOS Wire ] (BUSINESS WIRE)--Timor Telecom (TT), the largest telecommunications operator in Timor-Leste, has expanded its partnership with SES Networks to enable international voice traffic between Timor-Leste and the rest of the world, SES announced today. Under the new agreement, TT will contract capacity on the high-powered NSS-12 geostationary earth orbit (GEO) satellite to establish a point-to-point link connecting Dili, Timor with Sintra, Portugal. Today, residents of Timor-Leste benefit from high speed 4G/LTE mobile data and broadband services provided by TT, which are powered by SES’s O3b medium earth orbit (MEO) satellite network. With its capacity uptake on NSS-12, TT will broaden its suite of services with the carriage of international voice traffic between Timor-Leste and the rest of the world ... Read more »
Views: 197 | Added by: uaeonlinenews | Date: 12.21.2017

Dubai ,United Arab Emirates-Wednesday, December 20th 2017 [ AETOS Wire ] United Arab Emirates-based NMC Healthcare has $800 million (Dh2.94 billion) available to start investing in 2018 in the Gulf and other markets, its chief executive told Reuters in an interview. The London-listed firm, which is among the beneficiaries from recent growth in the Gulf’s health care sector, plans to acquire hospitals and other facilities, as well as smaller investments in In-Vitro Fertilisation (IVF) facilities in Europe, said Prasanth Manghat. “We have an $800 million warchest available to us and see a lot of assets in the market that make sense for us,” said Manghat. “If you look at health care, there’s a shortage of quality of assets and from a usage point of view there’s a lot of assets.” The company’s main business has historically been within the UAE, where it has both built and acquired hospitals, including the acquisition in February of Al Zahra Hospital in Sharjah for $560 million. He sai ... Read more »
Views: 196 | Added by: uaeonlinenews | Date: 12.21.2017

SAN FRANCISCO -Wednesday, December 20th 2017 [ AETOS Wire ] (BUSINESS WIRE)-- On December 19, 2017 (the “Effective Date”), TAF was dissolved pursuant to an order of the Court of Chancery of the State of Delaware (the “Chancery Court”), dated November 17, 2017 (the “Order”). The cash assets of TAF, less a reserve of $1,500,000 (the “Liquidating Trust Deposit”), were conveyed to Deutsche Bank Trust Company Americas, as indenture trustee (the “Indenture Trustee”), for distribution, pursuant to the terms of the Plan of Resolution (the “Plan”), to the holders of TAF’s Class A-1 Notes under the Trust Indenture, dated June 22, 2000, as supplemented on November 30, 2001, September 27, 2012 and September 30, 2013, by and among TAF, as issuer, TAL2 LLC, as cash manager, and the Indenture Trustee (the “Indenture”). The Liquidating Trust Deposit was transferred to the Triton Aviation Finance Liquidating Trust (the “Liquidating Trust”). The Liquidating Trust was established pursuant to the Order ... Read more »
Views: 196 | Added by: uaeonlinenews | Date: 12.21.2017 | Comments (0)

GOTHENBURG, Sweden -Wednesday, December 20th 2017 [ AETOS Wire ] (BUSINESS WIRE)-- Mentice boosts its US development presence and adds a clinical training service line with the acquisition of Medical Simulation Corporation's (MSC) Medical Products division. Mentice is the global leader of simulation-based performance solutions for endovascular therapies. Under the agreement, Mentice will acquire the assets of the MSC’s Medical Products division in a share based transaction. “With this transaction Mentice gains a very experienced US-based development organization, supporting our North American customers along with a portfolio of solutions that will be leveraged in the Mentice VIST® product line,” says Goran Malmberg, CEO of Mentice. “Furthermore, we are adding clinical training services, providing our clients with an even wider choice of offerings. I believe this will greatly benefit both our current and new customers, clearly demonstrating Mentice’s commitment in taking the mark ... Read more »
Views: 201 | Added by: uaeonlinenews | Date: 12.21.2017 | Comments (0)

Modifies Management Committee Composition; Hires Alexia Gottschalch as Global Head of Client Strategy NEW YORK -Wednesday, December 20th 2017 [ AETOS Wire ] (BUSINESS WIRE)-- Rockwood Capital, LLC (“Rockwood”), a private real estate investment management firm, today announced that Peter Falco, Senior Managing Partner and a co-founder, will transition to the role of Senior Strategic Advisor beginning in January 2018. Consistent with the firm’s succession planning, Walter Schmidt, Senior Managing Partner and a co-founder, Tyson Skillings, Managing Partner, and Peter Kaye, Managing Partner, the other current members of the firm’s Management Committee, will remain in their current management roles with the continued support of the firm’s other partners: Bob Gray, a co-founder, David Becker, Tony Lariño and David Streicher. Messrs. Schmidt, Skillings and Kaye have been with Rockwood, including its predecessors, for 31, 15, and 15 years, respectively. In addition to firm management, Mr. ... Read more »
Views: 192 | Added by: uaeonlinenews | Date: 12.21.2017 | Comments (0)

Abu Dhabi, United Arab Emirates.-Monday, December 18th 2017 [ AETOS Wire ] The UAE hosted the 4th Forum for Promoting Peace in Muslim Societies during 11-13 December 2017, under the Patronage of HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation. Under the theme ‘Global Peace and the Fear of Islam: Countering the Spread of Extremism’, the ground-breaking event founded by H.E Shaykh Abdallah Bin Bayyah, President of the Forum, was held at St. Regis Hotel, Abu Dhabi Corniche, and attended by high-level officials and an elite group of scholars, intellectuals and religious leaders of different faiths. The Forum discussed four main topics namely; Religion, Identity and World Peace; Islam and the World; Islam and the World: Ways to Rapprochement and Solidarity; and Fear of Islam: Causes and Contexts. The opening session included keynote speeches by H.E Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance; H.E Dr. Mohammed bin Abdul Kari ... Read more »
Views: 181 | Added by: uaeonlinenews | Date: 12.21.2017 | Comments (0)