Receives Honor at HFM European Hedge Fund Technology Awards Ceremony 2015 in London GREAT NECK, N.Y - Monday, November 30th 2015 [ME NewsWire] (BUSINESS WIRE)-- FlexTrade Systems, Inc., a global leader in multi-asset execution and order management systems, today announced its FlexTRADER execution management system (EMS) has won the “Best Trading Platform” category at the HFM European Hedge Fund Technology Awards 2015 ceremony, which was held at The Artillery Garden at the HAC, London, on 23 November. The HFM European Hedge Fund Technology Awards recognize and reward those firms that have delivered innovative and exceptional technological products and services to the hedge fund industry over the past 12 months. According to Vikas Kedia, Managing Director of FlexTrade’s London office, winning this award further vindicates FlexTrade’s efforts to provide hedge funds and other buy-side managers with a cutting edge, cross asset execution management system that covers every facet of thei ... Read more »

Abu Dhabi, United Arab Emirates - Wednesday, November 25th 2015 [ME NewsWire] Major General Mohammed bin Al Awadhi Al Menhali, Assistant Undersecretary of Resources and Support Services, stressed on the importance of UAE Innovation Week as a new driver for growth to position the UAE amongst most innovative countries in the world by 2021. These remarks were made by Major General Al Menhali during the lecture he delivered as a part of the UAE Innovation Week activities organized by the Ministry of Interior (MoI) at the Abu Dhabi Police Departments Complex. The lecture was attended by Brigadier Mohammed Hamid bin Dalmouj Al Dhaheri, Strategy and Performance Development Director General, at the Ministry of Interior and a number of police members from various departments. “Celebrating innovation became an essential part of the MoI culture and values.It reflects the bright image and distinguished position attained by the MoI in seeking to implement the distinguished government’s policies ... Read more »

ABU DHABI, United Arab Emirates - Sunday, November 29th 2015 [ME NewsWire] The police leadership of the United Arab Emirates’ Ministry of Interior (MoI) have expressed their deep pride in the martyrs of the homeland. They noted that the Commemoration Day (known as Martyrs’ Day in Arabic) that falls on 30 November will remain firmly imprinted in the memory of the sons and daughters of this great nation. The leadership have stressed that the heroism and sacrifices of the martyrs will steadfastly remain as medals of honor and pride for the people of the UAE who will always stand in recognition, respect, and gratitude for the faithful martyrs. The martyrs, who answered the call of duty and gave their lives in defense of truth and justice, have risen to the highest ranks. The police leadership have added that the convoys of martyrs have embodied the solidarity of the people of this united nation, expressing that the sacrifices of these noble men will forever exemplify what it means to be ... Read more »

On the GCC States level Abu Dhabi, United Arab Emirates - Wednesday, November 25th 2015 [ME NewsWire] The UAE Ministry of Interior, represented by the Security Support Department, at the General Secretariat of the Office of H.H Deputy Prime Minister and Minister of Interior, won the Wins ‘Best Government Practice in Community e-Participation’ Award within the fourth GCC e-Government Award hosted by the Kingdom of Bahrain. Sheikh Mohamed bin Mubarak Al Khalifa, Deputy Prime Minister of Bahrain, presented the award to Lieutenant Colonel Faisal Mohammed Al Shimmari, Director of the E- Auditing Department, and Major Fawaz Ali Abdullah, Director of the Security Media Department at the General Secretariat of the Office of H.H Deputy Prime Minister and Minister of Interior. Major Fawaz Ali Abdullah, Director of Security Media Department, emphasized that the award was obtained thanks to the keenness and attention dedicated by the Security Media Department to enhance interaction and encour ... Read more »

ABU DHABI, United Arab Emirates - Thursday, November 26th 2015 [ME NewsWire] Major Muhammad Ahmad Ali Al Zeyoudi, from the Legal Council at the Ministry of Interior, has obtained a Master’s Degree cum laude in Law, specializing in Criminal Justice, from the Police College for his thesis entitled: “The Extent to which the Consent of a Victim Acts as a Cause of Permissibility.” The thesis screening panel was headed by Prof. Dr. Mohamed Al Amin Al Bushra, Professor of Criminal Law (chairman); Dr. Mamdouh Al Bahr, Associate Professor of Criminal Law at the Police College (head supervisor and member); and Dr. Jassem Mohamed Al Antali, Assistant Professor of Criminal Justice (member). The thesis involved a comparative study between the legislation of the UAE, Egypt, and France; which focused on the issue of the victim’s consent as a legal action and use of personal rights. The thesis highlights the differing legislative standpoints concerning the issue, as judicial discernment in some cas ... Read more »

Dubai, United Arab Emirates - Wednesday, November 25th 2015 [ME NewsWire] The impact that the move to International Financial Reporting Standards (IFRS) will have on businesses in Saudi Arabia was tackled at a high level panel discussion organised by ACCA (the Association of Chartered Certified Accountants) in Riyadh on Wednesday. With just over a year to go before all listed companies are required to report their business performance under IFRS in 2017, and with all non-listed businesses expected to follow suit a year later, ACCA bought together business leaders at a critical time to look at where businesses should be in their preparations and of which issues they should be aware. Anis Motorwala, ACCA’s Head of Business Development, Middle East & North Africa, said : “The clock is ticking for all businesses in Saudi Arabia who may need to make significant changes to the way in which they report their business activities. Many businesses have already begun work on tackling the conv ... Read more »

Abu Dhabi, United Arab Emirates - Wednesday, November 25th 2015 [ME NewsWire] The Traffic and Patrols Directorate at the Abu Dhabi Police have stressed that that aside from the National Day parade organized at Yas Island on 3 December from 4 to 11 p.m.; any parade involving decorated vehicles on any roads are strictly prohibited. The Directorate has urged for drivers to adhere to the designated times as specified by the traffic laws, as everyone joyfully celebrates the National Day and reflects upon the national values that the event represents. The National Day celebrations are a part of the UAE’s national, historical, and social fabric; and are a traditional model of development and prosperity. According to Brigadier Khalifa Mohamed Al Khaiaili, Deputy Director of the Traffic and Patrols Directorate, the Directorate has allocated a temporary arena near the Hilton Hotel on the Abu Dhabi Corniche where they will immediately seize vehicles that are found to be violation of the car d ... Read more »

MoI Lecture during the UAE Innovation Week Abu Dhabi, United Arab Emirates - Tuesday, November 24th 2015 [ME NewsWire] As a part of the “UAE Innovation Week,” the Ministry of Interior has organized a lecture on the obstacles to innovation in governmental institutions, which was attended by a number of staff members from the Ministry’s various departments and centers. The lecture, which was held at the Police Departments Complex in Abu Dhabi, was presented by Philip Rice, Management Consultant at PA Consulting Group, a consultancy specializing in management consulting, technology and innovation,. Philip Rice stressed that institutions that champion a culture of innovation are best positioned to achieve development and growth, and are the most successful in materializing their efforts, guided by a strong institutional leadership, which supports and encourages innovation. He said: “Excellent innovators ensure that creativity is a shared process, not an isolated activity. However, many ... Read more »

Dubai, United Arab Emirates - Sunday, November 29th 2015 [ME NewsWire] Mandilicious™, the world's first fast food chain to serve authentic Mandi and the slow-cooked ‘Cuisine of Arabia’ in a food court setting, has recently opened its first full-service restaurant in Jumeirah 1. Located near Mercato Mall, customers wishing to dine on the renowned quick-serve Mandilicious™ cuisine may now do so in an Arabian-inspired setting. “We are always thinking of new ways to serve our customers,” said Fayez Al Nusari, CEO and Founder of Mandilicious. “We wanted to provide an open and relaxed atmosphere for our customers who wish to dine on our ‘Cuisine of Arabia’. Inspired by Arabian architecture and its design elements, our first full-service restaurant provides an ambiance that reflects the type of food that we serve, and we are pleased to provide a whole new experience for our customers.” The restaurant will feature modern and traditional Majlis seating areas, a private dining room, a separat ... Read more »

ABU DHABI, United Arab Emirates - Tuesday, November 24th 2015 [ME NewsWire] The Ministry of Interior (MoI), represented by the Directorate General of Traffic Coordination, has established the guidelines for car decorations for the 44th National Day celebrations. The MoI has called upon motorists to comply with these requirements in all public areas across the country during this occasion. These requirements aim to provide safety, reduce traffic violations and accidents, and to avoid being subjected to the punishments as stipulated by the traffic laws. The requirements set the legal regulations for decorating vehicles during the National Day celebrations, noting that car decorations are permitted from now through 6 December. The specified requirements are to enable all segments of the society to express their happiness for this dear national occasion in a way that involves civilized conduct and will not result in any violations. Brigadier Ghaith Hassan Al Zaabi, Director General of T ... Read more »

ABU DHABI, United Arab Emirates - Thursday, November 26th 2015 [ME NewsWire] As a part of the UAE Innovation Week activities, the Directorate General of Residency and Foreigners’ Affairs in Abu Dhabi launched an ‘Innovation Lab’ at the directorate’s headquarters. Brigadier Mansour Ahmed Ali Hamoud Al Dhaheri, Director General of Residency and Foreigners Affairs at Abu Dhabi Police, called upon staff members to pursue an innovation approach in order to further improve and develop the services provided by the police to community members. This approach aligns with the Abu Dhabi Police’s vision in the field of creativity and innovation. The ‘Innovation Lab’ reflects the Ministry of Interior’s vision to promote innovation and sponsor innovators by adopting their ideas, and enabling them to unleash their intellectual potentials, and endeavor to leverage these potentials to achieve concrete and constructive results. The lab also embodies the directorate’s commitment to support talented and ... Read more »

Abu Dhabi, United Arab Emirates - Tuesday, November 24th 2015 [ME NewsWire] Major General Khalifa Hareb Al Khaiaili, Acting Assistant Undersecretary of the Ministry of Interior for Naturalization, Residency and Ports Affairs, inaugurated the events of the ‘UAE Innovation Week’ under the slogan “Making customers happy by developing and upgrading their experience”. The events are held at the United House Hall in the Naturalization, Residency and Ports Affairs Building in Abu Dhabi; and are organized by the Strategy and Performance Development Department at the Naturalization, Residency and Ports Affairs. Residency and Foreigner Affairs general directorates nationwide are participating in the event. Major General Al Khaiaili said: “The UAE Innovation Week contributes towards achieving the UAE Vision 2021; as innovation is a part of our culture to enhance competitiveness, and to enhance the ambitious generations of individuals by supporting them to accomplish more creative ideas that ser ... Read more »