Doha, Qatar.-Tuesday, April 10th 2018 [ AETOS Wire ]

QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the three months ended 31 March 2018.

For the three months ended 31 March 2018, Net Profit reached QAR3.4 billion (USD0.9 billion), up by 7% compared to previous year. Total assets increased by 12% from March 2017 to reach QAR834 billion (USD229 billion), the highest ever achieved by the Group.

Key driver of growth in total assets was from loans and advances which grew by 12% to reach QAR598 billion (USD164 billion). Also QNB Group was successful in attracting funding, which resulted in increased customer funding by 12% to reach QAR604 billion (USD166 billion). This enabled the Group to maintain its loans to deposits ratio at 99%.

The Group’s prudent cost control policy and strong revenue generating capability helped to improve the efficiency ratio (cost to income ratio) to 27.8%, ... Read more »

NEUCHATEL, Switzerland-Tuesday, April 10th 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Swiss Advanced Vision (SAV-IOL) has announced the launch of Project R-TASC, set to disrupt the global intraocular lens (IOL) market.

Cataracts are responsible for 51% of world blindness, which represents about 35 million people. A growing global market, IOLs are projected to reach 4.56 billion USD by 2022 from estimated 3.50 billion in 2017, at a CAGR of 5.4%. Driving this market growth is an ageing population, rising prevalence of eye diseases and diabetes across the globe, and government initiatives to control and treat blindness caused by cataracts.

However, despite the market size, there has been few noticeable innovations in IOLs. SAV-IOL is developing an entirely novel approach to IOLs. R-TASC (Real-Time Autofocus Servo Control) is an active lens with real-time autofocus and wireless connectivity. All current lenses are fixed and suffer from optical compromises, such as li ... Read more »

 IDEAL Combine and Valtra A4 Series Tractors Recognized for Outstanding Design

DULUTH, Ga. -Monday, April 9th 2018 [ AETOS Wire ]

(BUSINESS WIRE)-- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and solutions, has been awarded two Red Dot Design Awards for its IDEAL Combine and the Valtra A4 Series Tractors. The Red Dot Design competition is one of the largest and most respected design competitions in the world. More than 6,300 submissions from 59 countries entered this year's contest and were evaluated by a jury consisting of 40 independent design experts from around the globe.

“We are very honored to receive the Red Dot Design Award,” said Martin Richenhagen, Chairman, President & CEO, AGCO Corporation. “This recognition underlines our commitment to design, innovation and quality.”

The IDEAL combine and the Valtra A4 Series were both recognized in the cate ... Read more »

Game to Launch on Wednesday, April 25th

LOS ANGELES-Thursday, April 5th 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Jam City:

Who: Jam City, a Los Angeles based mobile games studio, in partnership with Warner Bros. Interactive Entertainment.

What:

Actors from the Harry Potter films will provide voiceover work for Jam City’s Harry Potter: Hogwarts Mystery. A full list of actors providing voice work for the game include:
Dame Maggie Smith (Professor McGonagall)
Michael Gambon (Professor Dumbledore)
Warwick Davis (Professor Flitwick)
Sally Mortemore (Madam Irma Pince)
Gemma Jones (Madam Pomfrey)
Zoe Wanamaker (Madam Hooch)
Global launch date for Harry Potter: Hogwarts Mystery confirmed to be Wednesday, April 25th on iOS and Android.
Where: Los Angeles, California

Quotes:
“If I could attend Hogwarts as a student, I would be most excited to attend the potions class taught b ... Read more »