Doha, Qatar.-Tuesday, January 9th 2018 [ AETOS Wire ] Aamal Company Q.P.S.C. (“Aamal”), one of the region’s fastest growing diversified companies, today announces that via Senyar Industries Qatar Holding W.L.L., one of Qatar’s leading industrial groups in which Aamal is a 50% shareholder, it will further diversify through the development of three major new industrial projects: a copper production facility; an aluminum production facility; and a drum production facility. Senyar Industries Qatar Holding is a leading Qatari industrial company that currently owns and operates two main divisions - Doha Cables, the first cable manufacturing facility in Qatar, and El Sewedy Cables Qatar. These three new factories will be the first of their kind in Qatar and represent an important new development in supporting Qatar’s industrial transformation and fulfilling the needs of the Qatari market. Senyar Industries Qatar Holding will own 100% of all three factories and is in the process of obtaining ... Read more »

Groundbreaking (Bhoomi Pooja) on February 19, 2018 Celebrates Initial 2 Million Wheels PUNE, India-Tuesday, January 9th 2018 [ AETOS Wire ] (BUSINESS WIRE) -- Maxion Wheels, the world’s largest wheel manufacturer, announced today the formation of a new legal entity, Maxion Wheels Aluminum India Private Limited, as a key step in its plan to develop and produce up to four million light vehicle aluminum wheels annually in India. The Company has secured property in Pune, India and will initially build a 25,000 square meters manufacturing plant with annual capacity of two million wheels beginning production expected for the third quarter of 2019. Additional land was also purchased for a plant expansion that will increase annual capacity to four million wheels in the coming years. “Maxion Wheels is committed to serving its customers’ growing demand for light vehicle aluminum wheels, especially in India where market growth is outpacing available capacity,” said Pieter Klinkers, Chief Exec ... Read more »

New opportunities will emerge as vehicle parc set to exceed 10 million by 2022, finds Frost & Sullivan’s Mobility team Dubai, United Arab Emirates-Tuesday, January 9th 2018 [ AETOS Wire ] The Kingdom of Saudi Arabia’s (KSA) automotive parts aftermarket is undergoing significant changes that are pushing companies to realign their business models with new conditions. Declining demand for new cars, growing competition, and change in brand preferences are opening up fresh business opportunities for parts suppliers, distributors, and retailers. Frost & Sullivan’s industry docket, Auto Component Aftermarket Outlook, Saudi Arabia (KSA), 2017, finds that despite current challenges, the market is set to experience an annual growth rate of 5.9 per cent from 2017 to 2022, with over 10 million vehicles in operation by 2022. The docket shows the potential of KSA’s parts aftermarket across light, medium, and heavy vehicles, and the key forces behind future development, including vehicle sales ... Read more »

Dubai, United Arab Emirates -Monday, January 8th 2018 [ AETOS Wire ] Leading pump manufacturer Grundfos has announced the appointment of Okay Barutçu to the role of Group Senior Vice President and Regional Managing Director of Grundfos East Europe, West Asia, Middle East & Africa region. The East Europe, West Asia, Middle East & Africa region is a newly defined sales region together with Western Europe, which made up the original Europe, Middle East and Africa markets before the split (effective 1 January 2018) to support Grundfos’ global growth ambitions. In his new role, Okay will lead the company’s business across over 80 countries including 14 wholly-owned sales companies, a number of liaison offices and local assembly plants Grundfos operates in the region. He will also be spearheading opportunities for the company’s development and expansion in this region. Prior to this role, Okay was the Group Senior Vice President and Regional Managing Director for the Asia Pacific markets ... Read more »

Chairman of the FCC Ajit Pai and President of World Bank Dr. Jim Yong Kim Among Recently Confirmed Keynote Speakers LONDON-Sunday, January 7th 2018 [ AETOS Wire ] (BUSINESS WIRE) -- The GSMA today announced nearly a dozen new keynote speakers for the upcoming Mobile World Congress 2018, as well as updates on exhibitors, sponsors, partners and programmes. Mobile World Congress will be held 26 February – 1 March 2018 at Fira Gran Via in Barcelona, with events also taking place at Fira Montjuïc and La Farga L’Hospitalet. “We have an amazing show lined up for 2018, across the conference, the exhibition and the many programmes and events that comprise Mobile World Congress,” said Michael O’Hara, Chief Marketing Officer, GSMA. “Attendees will have the opportunity to experience many new elements this year, most notably the hospitality and networking areas in the new South Village at Fira Gran Via. We’re looking forward to showcasing how mobile is creating a better future for all.” New Key ... Read more »

New Payment Card with Embedded Cell Phone Chip Provides Unprecedented Levels of Security and Functionality; Wins Best of Innovation Award at CES 2018 LAS VEGAS-Monday, January 8th 2018 [ AETOS Wire ] (BUSINESS WIRE) -- Dynamics Inc., in conjunction with international banks, card issuers, payment networks, and telecommunication operators today unveiled Wallet Card™ -- the world’s first connected, secure payment card. The Consumer Technology Association (CTA) also recognized the Wallet Card and the Wallet Card Consortium members with four CES Innovation awards including the Best of Innovation Award for Security Technologies. It was an honoree for Computers, Embedded Technologies, and Technologies for a Better World. This marks the first time in history a payments consortium has been awarded the consumer electronics industry’s most prestigious award. Dynamics’ Wallet Card will be on display in booth 30359 at CES 2018, which runs January 9-12 in Las Vegas. The product will also be incl ... Read more »

Synapse Biomedical Inc. Receives CE Approval for TransAeris, the First Medical Device Approved for the Treatment of Ventilator Induced Diaphragm Dysfunction (VIDD) OBERLIN, Ohio-Monday, January 8th 2018 [ AETOS Wire ] (BUSINESS WIRE) -- Synapse Biomedical (www.synapsebiomedical.com), an innovator in neurostimulation and manufacturer of the NeuRx Diaphragm Pacing System®, announced today, the CE Mark approval for the TransAeris™ System. TransAeris is a temporary diaphragm stimulator, for use in intensive care unit (ICU) patients on mechanical ventilation (MV). While MV provides life sustaining respiration, side effects of prolonged MV include diaphragm atrophy and dysfunction, which is referred to as ventilator-induced diaphragm dysfunction (VIDD). A primary contributor to extending ICU ventilator weaning times, VIDD increases health care costs and greatly increases patient morbidity and mortality. Building on more than 25 years of diaphragm pacing research and practical experience wi ... Read more »

Orange Romania’s DTH TV subscribers will continue to enjoy the largest number of HD channels in the country via ASTRA 31.5 degrees East LUXEMBOURG-Monday, January 8th 2018 [ AETOS Wire ] (BUSINESS WIRE) -- Globecast, the global solutions provider for media, has extended its partnership with SES for the premium TV distribution services it provides to Orange Romania using SES’s satellite capacity. Under the multi-year extension announced by SES, Globecast will lease several transponders on ASTRA 5B at 31.5 degrees East to serve Orange Romania, which uses the capacity to broadcast 112 channels, of which 52 are in HD, using the DVB-S2 and MPEG-4 technical standards. Globecast manages the contribution, encryption and encoding for the entire TV package, as well as signal transport to the uplink facilities for ASTRA 5B. Orange Romania’s premium TV offer was launched in June 2013 with the support of SES, leveraging the high power and wide coverage of the ASTRA 5B satellite to deliver HD ... Read more »