5G to Contribute Almost $900 Billion to Asia’s Economy Over Next 15 Years

SHANGHAI -Thursday 27 June 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Asia’s mobile operators are set to invest $370 billion building-out new 5G networks between 2018 and 2025, according to the latest Asia Pacific edition of the GSMA’s Mobile Economy series, published at MWC19 Shanghai today. The world’s first nationwide 5G networks went live in South Korea earlier this year, and it is anticipated that 24 Asia Pacific markets will have launched 5G by 2025. It is forecast that 5G will contribute almost $900 billion to the region’s economy over the next 15 years.

China is currently testing 5G across all major cities and provinces, including Shanghai, ahead of commercial launches next year. It is forecast that 28 per cent of China’s mobile connections will be running on 5G networks by 2025, accounting for about a third of all 5G connections globally by this p ... Read more »

A corneal endothelial transplantation was performed to correct a previous surgery and restore the patient’s vision

Dubai, United Arab Emirates-Wednesday 26 June 2019 [ AETOS Wire ]

M.J., a 75-year-old British expat who has been living in the UAE for 50 years, suffered from a blinding condition that led to glare, cloudy vision and eye discomfort. A successful cornea transplant has sharpened her vision.

“When M.J. first visited us, we noticed that there had been a complication with her recent cataract surgery, which caused the blurry vision. Her cornea was damaged during the surgery and the only possible solution was a corneal endothelial transplantation, which we performed with the patient’s consent,” said Dr Sandip Mitra, Specialist Ophthalmologist at Emirates Hospital Day Surgery and Medical Center, Motorcity.

Dr Mitra performs at least three cornea transplants per month. A new transplant surgery, corneal endothelial transplan ... Read more »

Diligent announces the integration of Brainloop technology to offer Secure File Sharing and Meeting Workflow for its clients, including more than 50% of the Fortune 1000

MIAMI-Wednesday 26 June 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- I Squared Capital, through its ISQ Global Infrastructure Fund I, announced today that it has reached an agreement to sell its hydropower platform, Cube Hydro Partners and its affiliate, Helix Partners (taken together, Cube Hydro), to Ontario Power Generation (OPG) through its U.S. hydroelectric platform. Cube Hydro owns 385 megawatts of hydro capacity on ten river systems in five states, with 19 small to mid-sized, run-of-the-river and peaking hydro plants.

“This is the third portfolio company realization in the last twelve months based on the I Squared Capital platform approach, with a total of over $2.8 billion in realized enterprise value,” said Sadek Wahba, Chairman and Managing Partner of I Squared Capital.

The other two platforms developed and recently sold by I Squared Capital include Lincoln Clean Energy (a leading onshore wind developer in the U.S. with 800 megawatts) to Ørsted ... Read more »

CORAL GABLES, Fla. -Wednesday 26 June 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- AerSale®, a global supplier of aircraft, engines, used serviceable material (USM), and maintenance, repair, and overhaul (MRO) services, announced today it has acquired aircraft parts distributor Qwest Air Parts, Inc. Based in Memphis, Tennessee, Qwest is a recognized leader in aircraft dismantlement and the refurbishment and resale of USM. Qwest has disassembled over 200 aircraft, offers 24/7 AOG service, and operates a teardown facility in Crestview, Florida. Gary Jones, Qwest’s founder, President and CEO, will continue to lead Qwest, which will operate as a stand-alone independent subsidiary of AerSale. The acquisition of Qwest will add scale and reach to AerSale’s already significant airframe USM offerings. Furthermore, Qwest’s recently certified repair station, Q2 Aviation LLC, will supplement AerSale’s growing MRO platform.

“As a proven leader in aircra ... Read more »

New event aims to develop local tech sector, leveraging industry expertise to help companies thrive     

ABU DHABI, United Arab Emirates -Wednesday 26 June 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Alibaba Cloud, the data intelligence backbone of Alibaba Group, today held its inaugural Middle East and Africa (MEA) Internet Summit in partnership with UAE-based Artificial Intelligence (AI) and Cloud Computing leader Group 42.

Drawing the participation of tech experts and executives from the region’s top 100 internet companies, the summit took place during the Ghyma Conference 2019. Among the distinguished guests were HE Saif Mohammed Al Hajri, Chairman of the Department of Economic Development Abu Dhabi, His Excellency Mohammed Gheyath, Executive Director Information Security Operations, Abu Dhabi Digital Authority, Ibrahim Ajami, Head of Mubadala Ventures, Peng Xiao, CEO of Group 42, and Selina Yuan, President of Alibaba Cloud Intelligence Int ... Read more »