Ras Al Khaimah, United Arab Emirates-Monday, March 19th 2018 [ AETOS Wire ] RAK Properties PJSC held the second annual general meeting of shareholders last Saturday at Double Tree by Hilton Resort & Spa Marjan Island. The meeting reviewed and approved the Board of Directors’ report on the company’s activities, the auditor’s report for the 2017/18 fiscal year, the corporate balance sheet, and the profit and loss account. They also presented current and future projects. In addition, the annual general meeting of shareholders elected the new Board of Directors. The elected members are: HE Mohammed Hassan Omran, Mr Abdulaziz Abdullah Al Za’abi, Mr Mohamed Sultan Al Qadi, Sheikh Tariq Ahmed Humaid Al Qassimi, Sheikh Ahmed bin Omar Al Qassimi, Mr Mohammed Ahmed Ruqait, Dr Mohammed Abdullah Al Mehrezi, Mr Nawwaf Ghubash Al Merri, and Samih Sawirs. The new Board of Directors decided to select HE Mohammed Hassan Omran a chairman, Mr Abdulaziz Abdullah Al Za’abi as deputy chairman and Mr Moha ... Read more »

NAIROBI, Kenya-Thursday, March 15th 2018 [ AETOS Wire ] (BUSINESS WIRE) -- The GSMA today announced that it has opened new offices at the Delta Annexe, Westlands, Nairobi. Located in the heart of Nairobi's commercial district, the offices will enable the GSMA to work even more closely with its members and other industry stakeholders to continue to extend the reach and socio-economic benefits of mobile throughout Africa. “It is an exciting time to raise our profile in Africa, as the region is increasingly vibrant and remains the fastest growing region in the world, accounting for 12 per cent of the world's mobile subscribers,” said John Giusti, Chief Regulatory Officer, GSMA. “The rapid pace of mobile adoption has delivered an explosion of innovation and huge economic benefits in the region. This office will open up new and exciting opportunities for collaboration between the GSMA and our members, other industries, governments, regional organisations and the international development ... Read more »

DUBAI, United Arab Emirates-Monday, March 19th 2018 [ AETOS Wire ] (BUSINESS WIRE)-- International General Insurance Holdings Limited today reported earnings for the 2017 financial year. The Group announced a 19% increase in gross written premiums (GWP) from US$231.43 million as of 31st December 2016 to US$275.34 million for the same period in 2017, demonstrating growth in GWP in all of IGI’s major lines of business. This growth came as a result of writing more business in existing lines and an expansion in IGI’s casualty and energy classes. The year 2017 was the most expensive for catastrophe losses on record. However, prudent portfolio management helped mitigate the severity of IGI’s losses at a net level. Meanwhile, the Group posted a net profit of US$7.9 million in 2017 compared to US$32.1 million the year before. The Group’s combined ratio stood at 103% at the end of 2017, compared to 87.5% in 2016. Investment income rose by 28% to US$14.6 million, compared to US$11.4 million ... Read more »

INGELHEIM, Germany & RIDGEFIELD, Conn.-Monday, March 19th 2018 [ AETOS Wire ] -Fast Track designation facilitates development of new therapies that treat serious conditions and fulfill an unmet medical need -The designation is based on the Investigational New Drug Application for SSc-ILD and the anticipated efficacy and safety data from the Phase III SENSCIS™ trial (BUSINESS WIRE) -- Boehringer Ingelheim announced today that the U.S. Food and Drug Administration (FDA) has granted Fast Track designation to nintedanib for the treatment of systemic sclerosis with associated interstitial lung disease (SSc-ILD). The FDA’s Fast Track designation facilitates the development of new therapies that treat serious conditions and fulfill an unmet medical need in an effort to get treatments to those in need sooner. This designation is based on Boehringer Ingelheim’s Investigational New Drug application (IND) of nintedanib for the treatment of SSc-ILD and the anticipated efficacy and safety data ... Read more »

PORRENTRUY, Switzerland-Monday, March 19th 2018 [ AETOS Wire ] (BUSINESS WIRE)-- Code name: Chrono-Tour Bitcoin Special Edition – Launch: 20/03/2018 – 14.00 GMT Event! Louis Chevrolet Swiss Watches launches a Swiss Made automatic chronograph dedicated only to Bitcoin owners. An exclusive and limited-edition series to symbolise and affirm the unique sales channel chosen by the brand: its e-commerce store. Each Louis Chevrolet Chrono Tour Bitcoin Special Edition will be Unique Chrono-Tour Bitcoin Special Edition, a well-thought-out stylish design, elegantly bringing the Bitcoin to the forefront. In addition to a specific dial, a Bitcoin logo textured around a printed circuit board will be inserted into the back glass. This gives a technological holographic effect while highlighting the mechanics of the watch. The background will be personalised with a laser and will indicate the purchase price in Bitcoins at the exact moment of the purchase of the watch. Only 99 owners will have the ... Read more »

GovSat-1 provides highly secure and advanced communication capabilities to enable critical missions for governments and institutions LUXEMBOURG-Monday, March 19th 2018 [ AETOS Wire ] (BUSINESS WIRE) -- GovSat-1 enters operational service today, to provide secure communications to governmental and institutional users. GovSat-1 is the first satellite of GovSat, a public private partnership between the Government of Luxembourg and the world-leading satellite operator SES. The satellite was launched into space on 31 January on board a flight-proven SpaceX Falcon 9 rocket from Cape Canaveral Air Force Station, and has since undergone extensive testing. The multi-mission satellite is operated by GovSat from the Secure Mission Operations Centre in Luxembourg. The highly flexible and resilient GovSat-1 payload uses dedicated frequencies in X-band and military Ka-band. It enables an array of applications such as connectivity for theatres of operation, interconnection of institutional or def ... Read more »

AMSTERDAM-Monday, March 19th 2018 [ AETOS Wire ] (BUSINESS WIRE) -- Gemalto, the world leader in digital security, today announced that it has been selected by Dai Nippon Printing (DNP), a financial solutions provider in Japan, to make mobile banking transactions easier to use. Leveraging Gemalto’s facial biometric authentication solution - Mobile Protector- DNP has started to offer facial recognition to secure access to its mobile banking apps. This enables banking customers to easily and quickly log on to mobile banking services upon successful facial authentication, providing a more convenient user experience. Gemalto’s 2017 eBanking Trends research found that 68 percent of banks plan to implement facial recognition over the next five years. 80 percent of surveyed consumers perceived biometrics to be more secure than the traditional username and password combination. Biometrics-based payments are expected to grow in Japan in the next few years. Case in point, the Japanese governme ... Read more »