In conjunction with the acquisition, Block has appointed former Afterpay Director Sharon Rothstein to serve as a member of its Board of Directors
SAN FRANCISCO-Tuesday 1 February 2022 [ AETOS Wire ]
(BUSINESS WIRE) -- Block, Inc. (NYSE: SQ) and Afterpay Limited today announced the successful completion of the Scheme of Arrangement under which Block has acquired all of the issued shares in Afterpay. This transaction aims to enable Block to better deliver compelling financial ... Read more
Latest Display Technology Helps Businesses Reimagine the Possibilities of Hybrid and Flexible Working Environments
DUBAI, United Arab Emirates-Monday 31 January 2022 [ AETOS Wire ]
With hybrid working environments now more prevalent than ever and demand for effective collaboration solutions on the rise, LG Electronics (LG) has introduced its smart collaboration display, the LG One:Quick Flex (model 43HT3WJ) in the Middle East and Africa.
(BUSINESS WIRE) -- Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the completion of its acquisition of Power Line Systems—a leader in software for the design of overhead electric power transmission lines and their structures—from private equity firm TA Associates for approximately $700 million in cash (for a debt free business and subject to final working capital ... Read more
Singapore city, Singapore - Cairo, Egypt-Tuesday 1 February 2022 [ AETOS Wire ]
Affirma Capital and StonePine ACE Partners Limited (“StonePine”) have jointly agreed to invest USD 20 million for a significant minority stake in Nerhadou International for Pharmaceuticals and Nutraceuticals (“Nerhadou” or the “Company”), one of the largest and fastest growing nutraceutical and pharmaceutical players and a pioneer oral dispersible film (“ODF”) manufacturer in Egypt.
(BUSINESS WIRE) -- Middle East and North Africa (MENA) insurance markets have seen robust growth over the last decade. However, according to a new AM Best report, the rate of growth has stalled in the last 18 months primarily due to the impact COVID-19 and volatility in energy prices, attributable largely to the global economic slowdown from lockdown measures and lower demand for oil.
The Best’s Market Segment Report, “Evaluating ... Read more
FLORENCE, Italy-Monday 31 January 2022 [ AETOS Wire ]
(BUSINESS WIRE) -- It has been another successful year for PQE Group, a consulting firm in the LifeScience industry based in Florence (Italy) with 27 offices worldwide. Recently named "Best Managed Company" by Deloitte, the Group closed in 2021 with a turnover of +18% compared to the previous year.
PQE Group, founded and administered by Gilda D'Incerti, reached 1100 employees worldwide in 2021 as a result of the ... Read more
DUBAI, UNITED ARAB EMIRATES.-Tuesday 1 February 2022 [ AETOS Wire ]
National Kenaf and Tobacco Board (NKTB) with two kenaf based companies, namely Kenaf Ventures Global Sdn. Bhd. and Vertex Central Industries Sdn. Bhd. were among the participants of the Sustainable Agricommodity Week hosted by the Malaysia Pavilion at Expo 2020 Dubai to promote sustainable non-food agricommodities recently.
The programme showcased Malaysia’s journey, efforts and commitment in developing ... Read more
(BUSINESS WIRE) -- Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the completion of its acquisition of Power Line Systems—a leader in software for the design of overhead electric power transmission lines and their structures—from private equity firm TA Associates for approximately $700 million in cash (for a debt free business and subject to final working capital ... Read more
REDMOND, Wash. & SAN DIEGO-Tuesday 1 February 2022 [ AETOS Wire ]
(BUSINESS WIRE)-- Kymeta (www.kymetacorp.com), the communications company making mobile global, and Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading national security and space solutions provider, announced today a strategic partnership to jointly develop products and solutions that will enable modern, virtualized ground systems to better leverage the ... Read more
(BUSINESS WIRE) -- Lightsmith Group (“Lightsmith”), a global sustainable private equity firm, is pleased to announce the final closing of Lightsmith Climate Resilience Partners SCSp RAIF (“Lightsmith Climate Resilience” or the “Fund”) with $186 million of commitments. Lightsmith Climate Resilience is the first private equity fund to have focused on climate resilience and adaptation, investing in growth-stage technology companies that ... Read more
Fernanda Fenga and Daniel Kuzmak join the breakthrough technology company working to decarbonize steel production
BOSTON-Tuesday 1 February 2022 [ AETOS Wire ]
(BUSINESS WIRE)-- Boston Metal is pleased to welcome two members to its senior leadership team as the company prepares for the commercialization of its revolutionary metals production technology. The new roles will enhance the company’s corporate and financial depth and are part of a rapidly expanding team that saw ... Read more
(BUSINESS WIRE)-- GWI, the leading audience insights company, announces it has raised over $180 million in Series B funding, valuing the company at over $850 million. Financing was led by Permira’s growth fund.
Founded in 2009 by CEO, Tom Smith, GWI has become the leading global market research and audience insights software platform. Receiving $40 million Series A funding from the New York-based growth fund Stripes in 2018, GWI ... Read more
The Novakid Game World is the first innovative product on the ESL (English as a Second Language) world market which provides both teachers and students between 4 and 12 years of age with the whole ecosystem of English teaching and learning tools within the online educational game universe.
Print
DUBAI, UNITED ARAB EMIRATES.-Wednesday 2 February 2022 [ AETOS Wire ]
(BUSINESS WIRE)-- Novakid Game World is a new and innovative story-based learning environment with animated ... Read more
According to the recent study the steel pipe market is projected to reach an estimated $68.6 billion by 2025 from $63.0 billion in 2019, at a CAGR of 1.4% from 2020 to 2025. Growth in this market is primarily driven by increasing construction of new pipelines, replacement of aging pipelines, urbanization rate, and infrastructure development.
An exciting new study from the team of Lucintel found that stent market is expected to reach $12.5 billion by 2025 with a CAGR of 5.4%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
VADUZ, Liechtenstein-Wednesday 2 February 2022 [ AETOS Wire ]
(BUSINESS WIRE) -- Bittrex Global today announced the launch of Bittrex Global Starting Block, a new Initial Exchange Offering (IEO) platform built to support high-caliber cryptocurrency projects looking to partner with an industry leader in security and compliance to take their project to the next level.
As one of the world’s premier digital exchanges, Bittrex Global is committed to driving innovation in the ... Read more
Sharjah, United Arab Emirates-Wednesday 2 February 2022 [ AETOS Wire ]
UAE-based Gulftainer, one of the world’s leading privately-owned independent port operators, this week successfully unloaded a 121 ton, 35m-long vacuum unit at its Iraq Container Terminal (ICT).
The unit, manufactured for Midland Refineries Company in the UAE, was shipped via the port of Jebel Ali to Iraq, where it will be utilised by Najaf Refinery.
The shipping of such units signals a rebound in ... Read more
ST. GALLEN, Switzerland -Wednesday 2 February 2022 [ AETOS Wire ]
Executive appointments to strengthen financial and legal leadership during the transformation of the company
(BUSINESS WIRE)-- Regulatory News:
AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR
Vifor Pharma Group today announced the appointment of acting Chief Financial Officer Alexandros Sigalas and Group General Counsel Dr. Oliver P. Kronenberg as members of the Vifor Pharma Executive Committee, ... Read more
Inspired by international players, the region’s first lifestyle-based health insurance solution incentivizes engagement in wellness activities to promote a healthy lifestyle and build healthier communities while guaranteeing optimal protection
DUBAI, UNITED ARAB EMIRATES.-Wednesday 2 February 2022 [ AETOS Wire ]
Starting February 2022, individuals, SMEs and corporates in the UAE can explore a brand-new, digital-first, wellness-backed insurance experience: Wellx. ... Read more
(BUSINESS WIRE) -- Epazz Inc. (OTC Pink: EPAZ), a mission-critical provider of metaverse solutions, blockchain cryptocurrency mobile apps and cloud-based business software solutions, announced today that its flagship software technology, DeskFlex Metaverse Virtual Office, is developing virtual clinics to take telemedicine to the next level. DeskFlex Metaverse Virtual Clinics will allow physicians to obtain real-time 3D images to conduct ... Read more
The clinical data in the study is based upon an average of 17 years of patient follow-up. This is unprecedented in the breast implant industry and confirms GC Aesthetics’ unparalleled safety record, built upon its 40-years of innovation and collaboration with surgeons worldwide.
DUBLIN-Wednesday 2 February 2022 [ AETOS Wire ]
(BUSINESS WIRE) -- GC Aesthetics, Ltd. (GCA), a privately held medical technology company providing aesthetic and reconstructive ... Read more
Category leader shares insights from millions of crypto-backed cards issued across 40 countries
REDWOOD CITY, Calif.-Wednesday 2 February 2022 [ AETOS Wire ]
(BUSINESS WIRE) -- i2c Inc., a leading provider of digital payment and banking technology, today released a first-of-its-kind report on crypto-backed cards, one of the world’s fastest-growing card categories. The report examines account and transactional data from more than 4,000 traditional and crypto-backed card ... Read more
The UAE has historically enjoyed strong trade relations with Malaysia, the world’s second largest palm oil producer and exporter Total trade between the UAE and Malaysia increased by 10.2% between 2020 and 2021
DUBAI, United Arab Emirates-Tuesday 1 February 2022 [ AETOS Wire ]
(BUSINESS WIRE) -- Malaysian Palm Oil Council sees that the Middle East region will continue to be an important export destination as it has shown consistent growth in consumption of specialty fats and ... Read more
Event is One Stop on Mideast Tour to Establish Raiven Capital in the Region
RIYADH, Saudi Arabia-Wednesday 2 February 2022 [ AETOS Wire ]
(BUSINESS WIRE) -- Raiven Capital, a global early-stage technology venture fund, arrived in Riyadh to judge a $600,000 startup competition for LEAP, a 61,000 attendee, three-day tech conference that begins today.
The inaugural conference involves more than 400 speakers, 80 countries, and 1,000 startups. It is part of Saudi Vision ... Read more
OSLO, Norway-Wednesday 2 February 2022 [ AETOS Wire ]
(BUSINESS WIRE) -- Cognite, a global leader in industrial software innovation, announces today that Saudi Aramco, via its subsidiary Aramco Overseas Company B.V., has invested in Cognite by purchasing 100% of Aker BP's shares in the company.
“Cognite has proven that their technology delivers complex real-time insights seamlessly and is optimizing how energy is being supplied to the world,” says Saudi Aramco Senior Vice- ... Read more
(BUSINESS WIRE) -- Gupshup, the global leader in conversational engagement, announced the acquisition of Knowlarity Communications. Knowlarity is a global leader in cloud ... Read more
A deep-dive into the challenges and opportunities in Africa, the Middle East and Asia
DUBLIN-Wednesday 2 February 2022 [ AETOS Wire ]
(BUSINESS WIRE)-- As the world emerges from a pandemic which has seen both market dynamics and consumer behaviours change, CR2 (www.cr2.com), along with senior banking leaders and market influencers, tease out some off the key trends that they feel will impact and shape banks of the future.
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An exciting new study from the team of Lucintel found that stretcher market is expected to reach $2.0 billion by 2025 with a CAGR of 4.1%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
