ABU DHABI, United Arab Emirates - Thursday, December 10th 2015 [ME NewsWire] The Civil Defense Department in Al Ain urged campers to abide by the mandatory prevention and safety measures while camping. This stems out of the Department's keenness to promote community partnership, raise public awareness, achieve security and safety, and provide a safe environment for everyone. As the winter season witnesses an increased number of family trips in the wilderness; Lieutenant Colonel Mohammad Saeed Al Neyadi, Acting Head of the Al Ain Civil Defense Department, emphasized the importance of implementing and complying with the designated security and safety measures. Lieutenant Colonel Al Neyadi called upon families to observe the conditions and instructions issued by the competent entities while camping. "These instructions include choosing the appropriate location for camping, buying quality tents made of fire-resistant fabrics, and placing fire pits in an area away from flammable material ... Read more »

COLOMBES, France - Wednesday, December 9th 2015 [ME NewsWire] (BUSINESS WIRE)-- Oberthur Technologies (OT), a leading global provider of embedded security software products, services and solutions today announced the strengthening of its portfolio for the Austrian debit market by providing rechargeable debit cards integrating the Quick Electronic Purse loaded on OT’s latest contact and contactless cards. This Austria-wide electronic purse service enables cashless micro payments at small retailers and vending machines. The card is inserted into a terminal or can be waved in front of it, if it is contactless. Then the customer confirms its purchase by pushing a button on the keypad. No need for a PIN code or signature. In this project, OT provides its multi-applicative and contactless debit card, running the Quick application. This card enables cardholders to make micro payments, but can also feature other functionalities such as loyalty, transport and access control. “At OT, we are ... Read more »

DARMSTADT, Germany & NEW YORK - Wednesday, December 9th 2015 [ME NewsWire] Trials mark third and fourth Phase III studies of avelumab initiated by Merck and Pfizer this year First-line study designed to evaluate superiority of avelumab immunotherapy as a maintenance treatment for advanced or metastatic gastric/gastro-esophageal junction cancers versus continuation of first-line platinum-based chemotherapy Third-line study designed to evaluate avelumab immunotherapy as a third-line treatment in advanced or metastatic gastric/gastro-esophageal junction cancers (BUSINESS WIRE)-- Merck and Pfizer today announced the initiation of two Phase III studies of avelumab*, an investigational, fully human anti-PD-L1 IgG1 monoclonal antibody, in treating advanced or metastatic gastric/gastro-esophageal junction (GEJ) cancers, which are aggressive cancers with poor survival rates. These pivotal trials are investigating avelumab in the first-line and third-line settings, with overall survival (OS ... Read more »

While inaugurating the International Anti-Corruption Day Conference ABU DHABI, United Arab Emirates - Wednesday, December 9th 2015 [ME NewsWire] Under the patronage of Lt. General HH Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, Lt. General Saif Abdullah Al Sha’far, Undersecretary at the Ministry of Interior, inaugurated the International Anti-Corruption Day Conference, which is organized by the Anti-Corruption Department at the Abu Dhabi Police, at the St. Regis Hotel on the Corniche in Abu Dhabi, in cooperation with the United Nations Office on Drugs and Crime (UNODC). In his welcome speech at the opening ceremony, the Undersecretary at the Ministry of Interior conveyed the greetings of Lt. General HH Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, to all participants at the conference as well as his wishes of success. Lt. General Al Sha’far also welcomed the prominent experts, academics, specialists and consul ... Read more »

While inaugurating the International Anti-Corruption Day Conference ABU DHABI, United Arab Emirates - Wednesday, December 9th 2015 [ME NewsWire] Under the patronage of Lt. General HH Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, Lt. General Saif Abdullah Al Sha’far, Undersecretary at the Ministry of Interior, inaugurated the International Anti-Corruption Day Conference, which is organized by the Anti-Corruption Department at the Abu Dhabi Police, at the St. Regis Hotel on the Corniche in Abu Dhabi, in cooperation with the United Nations Office on Drugs and Crime (UNODC). In his welcome speech at the opening ceremony, the Undersecretary at the Ministry of Interior conveyed the greetings of Lt. General HH Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, to all participants at the conference as well as his wishes of success. Lt. General Al Sha’far also welcomed the prominent experts, academics, specialists and consul ... Read more »

MUREX ANNOUNCES A NEW ENTERPRISE SOLUTION FOR SA-CCR AS PART OF ITS MX.3 RISK AND REGULATORY SUITE PARIS - Thursday, December 10th 2015 [ME NewsWire] (BUSINESS WIRE)-- Murex, the leading provider of Trading, Risk management and Processing solutions, announces a packaged solution for the Standard Approach for Counterparty Credit Risk (SA-CCR) under Basel III. The solution is version-independent, and its rapid configuration-based implementation will help clients secure the 1 January 2017 deadline for the new rule and provide them with the flexibility to adapt to evolving regulatory requirements. MX.3 SA-CCR solution delivers Exposure at Default (EAD), as outlined in BCBS 279. It can be used in a number of regulatory reporting calculations, such as Risk Weighted Assets (RWAs) for counterparty credit risk, Credit Value Adjustment (CVA) capital, CCP risk charge or large exposures. The solution covers trading book positions across all derivatives, whether held in MX.3 or in external sy ... Read more »

FARMINGDALE, NY - Jeudi 10 Décembre 2015 [ME NewsWire] (BUSINESS WIRE)--Mahindra Defence Systems, une société du groupe Mahindra, et Telephonics Corporation, une filiale en propriété exclusive de Griffon Corporation (NYSE : GFF), ont annoncé aujourd’hui que Telephonics avait augmenté sa participation dans les capitaux propres de leur coentreprise, Mahindra Telephonics Integrated Systems (MTIS), de 26 % à 49 %. Telephonics est la première entreprise américaine des secteurs de l’aéronautique et de la défense autorisée par le conseil de promotion de l’investissement étranger de l’Inde à accroître à 49 % sa participation dans une entreprise indienne de la défense. MTIS a établi ses installations de fabrication et de développement à Prithla, au sud de New Delhi, en Inde, en décembre 2013. Depuis que la société a terminé la mise en place de ses installations et le recrutement et la formation du personnel, MTIS fabrique des radars météorologiques de bord et du matériel de communication. La ... Read more »

Company to begin Propulsion Open Air Test in first quarter 2016 on 50 acre site in Apex Industrial Park; Working in Conjunction with the State of Nevada, Governor Sandoval and the Office of Economic Development, and the City of North Las Vegas, Mayor Lee and team. LOS ANGELES - Wednesday, December 9th 2015 [ME NewsWire] (BUSINESS WIRE)-- Hyperloop Technologies Inc. announced today that the company has entered into agreements to locate their Propulsion Open Air Test (POAT) on an approximately 50 acre site it has secured in the Mountain View Industrial Park in Apex Industrial Park in the City of North Las Vegas, Nevada. Hardware will begin arriving this month, and testing is expected to begin early first quarter 2016. “This decision represents another major milestone in our journey to bring Hyperloop to commercial reality,” said Rob Lloyd, CEO, Hyperloop Technologies, Inc. “Hyperloop Technologies will invest first in regions where we receive government advocacy to move fast. We are gr ... Read more »

GAITHERSBURG, Maryland (USA) - Jeudi 10 Décembre 2015 [ME NewsWire] Pour les entreprises comptant jusqu'à 1000 utilisateurs, le nouveau SmartNode OpenScape Business Appliance offre une solution de communication unifiée de pointe, abordable et facile à mettre en œuvre, dans un seul dispositif. Le VoIP SmartNode... ne se contente pas de parler ! (BUSINESS WIRE)--Patton Electronics – le fabricant américain des solutions VoIP priméesSmartNode™ VoIP, des prolongateurs Ethernet CopperLink™ Ethernet et des routeurs fixes et mobiles à disponibilité élevée BODI rS™ – s’est allié à Unify pour répondre aux exigences du marché mondial des petites et moyennes entreprises (PME) dans le domaine des solutions de communication unifiée (UC) à la bonne échelle. Les deux sociétés ont collaboré pour produire SmartNode OpenScape Business Appliance (SN-OSB), une solution UC en un seul dispositif, conçue pour les entreprise comptant jusqu'à 1000 utilisateurs, qui est rapide et facile à déployer pour le pe ... Read more »

CHENNAI, Inde - Jeudi 10 Décembre 2015 [ME NewsWire] (BUSINESS WIRE) --- Ashok Leyland, la société du Groupe indien Hinduja, a signé un contrat pour fournir à la Côte d’Ivoire 3600 véhicules d’une valeur de 200 millions de dollars. Ce contrat est financé par la Banque EXIM de l'Inde et il est en attente de l'approbation finale par les gouvernements respectifs. Le contrat consiste à fournir des véhicules qui comprennent des camions et autobus à livrer au cours des 12 prochains mois. A cette occasion, le PDG d’Ashok Leyland, M. Vinod K. Dasari a déclaré : « Je suis fier du choix du gouvernement de la Côte d'Ivoire pour les produits d’Ashok Leyland, reconnus pour leur fiabilité et leur grande qualité. C’est le plus gros contrat de ce pays passé auprès d’une société Indienne, et représente également le plus grand contrat pour l’entreprise jusqu'à présent ». Ashok Leyland a ajouté « Nous sommes fiers de ce partenariat avec le gouvernement visionnaire de la Côte d'Ivoire, et nous sommes im ... Read more »

ABU DHABI, United Arab Emirates - Wednesday, December 9th 2015 [ME NewsWire] Within the ongoing framework to organize educational programs for all segments of society, the Social Support Centers Department at the Abu Dhabi Police General Headquarters organized a lecture at the Halima Al Sa'diah School regarding the impacts of relying on domestic help to raise children. Aisha Nasr, a specialized psychologist from the Social Support Center in Abu Dhabi, held the lecture for both parents and educational institutions. In the lecture, she highlighted the mother’s essential role in a child’s upbringing in religious, social, and psychological aspects. As she discussed the reasoning behind a family’s decision to rely on domestic help, she also pointed out the detrimental effects that follow suit. “Significantly relying on domestic help to raise a child negatively impedes the child’s linguistic development,” Aisha Nasr said; also noting how it affects their behaviors and actions alongside th ... Read more »

NEW YORK - Jeudi 10 Décembre 2015 [ME NewsWire] (BUSINESS WIRE)--Scepter Partners, un spécialiste des services d’investissement direct et de banque d’affaires pour les fonds souverains et les family offices de grande capitalisation,a fait part de son intention d’acquérir de nouvelles activités de services financiers dans le cadre de son développement commercial futur prévu. À propos de cette nouvelle direction stratégique, le président et directeur général du groupe, Rayo Withanage, a déclaré : « Alors que plusieurs grandes banques liquident leurs actifs secondaires, Scepter est particulièrement attiré par les marchés comme la Suisse, Monaco et les Caraïbes. Nous sommes également intéressés par la commercialisation ou l’acquisition d’activités de gestion d’actifs alternatives, surtout de fonds de couverture. » Scepter, qui s’appuie sur 14 milliards de dollars d’actifs sous mandat de gestion placés par ses partenaires essentiels dans le but de soutenir des activités futures, explore l ... Read more »

GAITHERSBURG, Md. - Tuesday, December 8th 2015 [ME NewsWire] For businesses with up to 1,000 users the new SmartNode OpenScape Business Appliance offers an affordable, easy-to-implement, state-of-the-art Unified Communications solution in a single device. SmartNode VoIP... more than just talk! (BUSINESS WIRE)-- Patton Electronics—US-manufacturer of award-winning SmartNode™ VoIP solutions, CopperLink™ Ethernet Extenders, and BODI rS™ High Availability Fixed & Mobile Internet Routers—has partnered with Unify to address the global small-to-medium business (SMB) market requirement for appropriately-scaled unified communications (UC) solutions. The two companies have collaborated to produce the SmartNode OpenScape Business Appliance (SN-OSB), a single-device UC solution designed for businesses with up to 1,000 users that is fast and easy for smaller company’s IT staff to implement. While many smaller companies have been reluctant to make the transition to Unified Communications, Patton ... Read more »

NEW YORK - Wednesday, December 9th 2015 [ME NewsWire] (BUSINESS WIRE)-- Scepter Partners, a direct investment and merchant banking specialist for sovereign wealth and large cap family offices, signaled its interest in acquiring new financial services businesses as part of its planned future business development. Regarding this new strategic direction, Group Executive Chairman and CEO Rayo Withanage commented, “While several of the large banks are selling off their non-core assets, Scepter is particularly attracted to markets such as Switzerland, Monaco and the Caribbean. We are also interested in seeding or acquiring alternative asset management businesses with a focus in Hedge Funds." Scepter, which is supported by $14 billion of discretionary assets which have been allocated by its core stakeholders to support future activities, is exploring the purchase of an existing bank or the formation of a new banking entity. The Group sees this initiative as the next natural step in the expa ... Read more »

Arthur D. Little’s Digital Transformation Index reveals that 80% of surveyed companies are lagging behind LONDON - Wednesday, December 9th 2015 [ME NewsWire] (BUSINESS WIRE)-- From logistics and manufacturing to consumer goods and entertainment, every major industry is grappling to respond to the realities of an on-demand, personalized digital economy. Despite CEOs and strategists working around the clock to realign their businesses to embrace digitalization, a new global study from Arthur D. Little (ADL) reveals that the majority of corporations still underestimate the risks of failing to keep pace with a rapidly digitizing economy, and feel ill-equipped to make a holistic digital transformation. In The 2015 Digital Transformation Study, ADL found that although front-runners have emerged, most companies still take a piecemeal approach to digital transformation. Companies struggle to fully embrace digitalization because of lagging adoption in their business models and, from an HR p ... Read more »

FARMINGDALE, N.Y - Wednesday, December 9th 2015 [ME NewsWire] (BUSINESS WIRE)-- Mahindra Defence Systems, a Mahindra Group Company, and Telephonics Corporation, a wholly owned subsidiary of Griffon Corporation (NYSE:GFF), announced today that Telephonics has increased its equity interest in their Joint Venture (JV), Mahindra Telephonics Integrated Systems (MTIS), from 26% to 49%. Telephonics is the first U.S. defence and aerospace contractor to receive approval from the Indian Foreign Investment Promotion Board (FIPB) to increase its stake in an Indian defence company to 49%. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20151208005942/en/ MTIS established its manufacturing and development facility in Prithla, south of New Delhi, India, in December 2013. After an initial set-up, recruitment and employee training period, MTIS now manufactures airborne weather radars and communication equipment. The JV, the first private ... Read more »