NEW YORK - Tuesday, August 25th 2015 [ME NewsWire]

(BUSINESS WIRE)-- Scepter Partners, a standing syndicate of sovereign investors and ultra-high net worth families, announced today the formation of its core merchant banking division with veteran investment banker Anthony J. Steains and his former Blackstone Advisory Partners Asia team. Mr. Steains will lead all merchant banking activities of Scepter, which will consist of syndication, structuring and execution.

The formation of Scepter’s merchant banking division creates one of the most experienced merchant banking specialists focused on family offices and sovereign wealth. The team led by Mr. Steains has directly advised on many landmark transactions and is one of the most experienced M&A teams in Asian industrials and natural resources. Scepter will announce a series of vehicles in the coming months around its focus to acquire high quality large cap assets in natural resources, infrastructure and real es ... Read more »

ABU DHABI, United Arab Emirates - Monday, August 24th 2015 [ME NewsWire]

Major General Mohammed bin Al Awadhi Al Menhali, Assistant Undersecretary of Resources and Support Services, and Major General Khalil Dawood Badran, Director General of Finance and Services at the Abu Dhabi Police, signed on to the “Fazaa” initiative. The initiative supports the vision and mission of the Social Solidarity Fund to support the employees of the Ministry of Interior (MoI) and develop their community.

The signing ceremony, which was held at the Abu Dhabi Police General Headquarters, is part of the month-long tour that commenced this week. The ceremony was initiated by the Fazaa Management and was held to introduce the initiative to the MoI personnel and encourage them to join.  

Major General Al Menhali emphasized that “Fazaa” is an ambitious program that offers excellent and leading services for the Ministry’s employees. Furthermore, he pra ... Read more »

SOHO and SMB Networking Vendor Hails Event a Success and Rewards Top Distributors and Partners

Dubai, United Arab Emirates - Wednesday, August 26th 2015 [ME NewsWire]

TP-LINK Technologies Co Ltd, a global provider of SOHO and SMB networking products and wireless LAN solutions, has announced that the recent partner seminar hosted in KSA was a success.

According to the company, which manufactures a broad range of products to consumers and small businesses, including Wireless solutions, ADSL, Routers, Switches, IP Cameras, Powerline Adapters, Print Servers, Media Converters and Network Adapters, the partner seminar was held to address several channel issues for resellers serving the KSA market.

TP-LINK said it also used the partner event to reward top performing distributors for 2014 in the KSA for achieving exceptional performance.

Conrad Yang, Country Manager, KSA TP-LINK Middle East, said the company used the partner event to introduce TP-LINK ... Read more »

Banks in China and United Arab Emirates offer Visa Checkout to their customers for easy and secure cross-border shopping

SAN FRANCISCO - Tuesday, August 25th 2015 [ME NewsWire]

(BUSINESS WIRE)-- Visa Inc. (NYSE:V) today announced continued global success of Visa Checkout, the online check out service that allows shoppers to pay with their cards online and on any device, with just a few clicks. In recent months, no less than thirty-three new merchants, ranging from Best Buy and Under Armour to Barnes & Noble and Taco Bell, have signed on to offer Visa Checkout.

The rapidly expanding list of merchants will continue to make it easier for consumers to buy everything they need online, on any device, using Visa Checkout. The newly signed merchant partners by country include:

    United States: Best Buy, Barnes & Noble, Barnes & Noble College, Cle de Peau Beaute, delivery.com, EllenShop.com, JustFab, LivingSocial, Shiseido, ShoeDaz ... Read more »

Via its Smart Phone Application
Abu Dhabi, United Arab Emirates - Tuesday, August 25th 2015 [ME NewsWire]

The Ministry of Interior has called upon the citizens and families of the United Arab Emirates to avail the electronic services available via the Ministry of Interior’s smart application, UAE-MOI. The services conveniently allow customers to complete their transactions without needing to visit the service centers, excluding special cases that require the customer to be present. The smart application is compatible with iOS, Android, Windows, and Blackberry operating systems.

“The use of the application to renew passports and to avail other services is an important step that keeps pace with the significant developments that are taking place in various fields throughout the nation,” said Major General Khalifa Hareb Al Khaili, Acting Assistant Undersecretary of the Ministry of Interior for Naturalization, Residency and Ports Affairs. “Th ... Read more »

BREDA, Netherlands. - Tuesday, August 25th 2015 [ME NewsWire]

(BUSINESS WIRE)-- U-Boat Worx (UBW), today announced the launch of the C-Researcher 3, world’s first transparent 3-person submersible capable of diving to 1,700 meters (5,577 feet).

UBW has teamed up with leading scientists to design a compact and cost-effective submersible that enables scientists, policy makers and philanthropists to explore the world’s oceans with an unrivalled combination of safety, high performance, ultra-wide field of vision and outstanding comfort. UBW already builds a range of private submersibles that provided the proven technology for this C-Researcher 3.

To resolve key ecological issues, the scientific community is in need for tools that enable a detailed study of our oceans. The presence of human-beings in the subsea environment is essential in that it allows for much more effective observation and research compared to unmanned underwater vehicles.

It ... Read more »

NEUCHÂTEL, Switzerland - Tuesday, August 25th 2015 [ME NewsWire]

(BUSINESS WIRE)-- Masimo (NASDAQ: MASI) announced today that A.C.Camargo Cancer Center in Sao Paulo, Brazil has installed Masimo’s noninvasive and continuous hemoglobin (SpHb®) technology to monitor surgical patients.

Clinicians use invasive blood sampling and laboratory analysis of hemoglobin to determine hemoglobin levels and help estimate blood loss to determine need for red blood cell transfusions. However, lab-based hemoglobin is only available intermittently and results are often delayed. SpHb offers real-time visibility to changes – or lack of changes – in hemoglobin between invasive blood sampling.

“The data associating transfusion with higher mortality rates was clear, so we knew we had to implement strategies to reduce transfusions,” said Dr. Eduardo Henrique Joaquim Giroud, anesthesiologist and Director of the Department of Anesthesiology at A.C.Camar ... Read more »