NEW YORK-Thursday 19 May 2022 [ AETOS Wire ]

Post-pandemic, the travel industry needs new and more relevant inputs for models that forecast passenger demand.

Cirium and 3Victors partnership, enables airports and Destination Marketing Organizations (DMO) to combine Diio by Cirium flight schedules, traffic, and fares data with 3Victors DemandView search data.

The partnership provides the most complete solution for analyzing future traffic, monitoring passenger trends, and identifying emerging opportunities.

(BUSINESS WIRE) -- Cirium, the aviation analytics company, and travel data analytics firm, 3Victors today announced a reseller partnership to enable Cirium to bring together flight schedules and passenger traffic data with online search data to interpret, understand and forecast passenger demand for airports and DMOs.

 “Cirium and 3Victors share the mission to revolutionize the way the travel industry forecasts future demand,&rdquo ... Read more »

Anterra Capital’s second Global Food and Agriculture Technology Fund closes at $260 million, oversubscribed thanks to robust institutional demand

AMSTERDAM & BOSTON-Thursday 19 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- A crushing pandemic and, more recently, the Ukraine war have convinced investors more than ever that the world needs to radically change how it produces, distributes and consumes food, says Adam Anders, managing partner of the international food and agriculture specialist venture capital firm Anterra Capital (“Anterra”).

Anders: “The pandemic highlighted the fragility and adverse health impacts of our current food system: soaring prices, empty shelves in stores; the fact that unhealthy diets are a major risk factor for getting Covid; that the way we treat farm animals could trigger the next pandemic. Post our final closing, the devastating impact of the Ukraine War on the global food supply has increased the ... Read more »

Senior business decision-makers cite next-gen technology & infrastructure will help meet existing & emerging data strategy & hybrid needs

DUBAI, United Arab Emirates-Wednesday 18 May 2022 [ AETOS Wire ]

Cloudera, the hybrid data cloud company, has released the findings of a global research report that exposes how a majority of UAE-based businesses are increasingly adopting data-driven strategies for an effective hybrid workforce.

The research revealed that organizations with mature enterprise data strategies in place for at least 12 months are more likely to report higher profit growth at an average of 5.97%, according to the report.

Created in association with technology market research firm, Vanson Bourne, the new report examines the correlation between the maturity of an organization’s enterprise data strategy and its business performance. It also explores the impact of the ongoing Covid-19 pandemic and its uncertainties on busine ... Read more »

(BUSINESS WIRE) -- Xago Technologies (Pty) Ltd. in CAPE TOWN, South Africa, announces the launch of Xago XUS which supports the US dollar, empowering clients to deposit and payout funds, with US dollars and USDC via the Xago platform.

Founded in 2016, Xago enables business and individual clients to send money instantly, at a fraction of the cost of traditional operators, all with the certainty that the transaction is highly secure, compliant, and knowing exactly when it arrives at its payout point.

“Countries in Africa are the poorest globally, yet individuals are being charged the highest international money transfer fees with up to 14.5% in South Africa as a prime example. Xago is committed to developing innovative, faster than-ever-before, low cost transaction and trading capabilities, bringing certainty to our clients at a time when the world is still reeling from the costs of the Covid pandemic. We are proud to announce the launch of the XUS stable coin wh ... Read more »

DUBAI, United Arab Emirates-Wednesday 18 May 2022 [ AETOS Wire ]

Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that it has advised on a mezzanine lending opportunity in the United States, as part of its strategy focusing on investments into debt structures.  This investment utilizes the innovative Real Estate Index Linked Securities (“REILS”) instrument, which is an amortizing mezzanine loan, and has been structured in a Sharia-compliant manner.

The REILS capital is senior to equity in a portfolio of 11 medical assets serving from home health and hospice care to rehabilitation and other therapy services. This REILS investment is secured by a 15-year lease with 2% annual increases to a well-established healthcare operator with over 40 different locations across the south in Texas, Arkansas, Louisiana, Mississippi, Alabama, and Florida. ... Read more »

NEW YORK-Wednesday 18 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Starr Insurance Companies (Starr) announced an agreement with FPG Insurance Holdings Limited (HK) (FPG) and local Thai shareholders to purchase FPG Insurance Public Company Limited (FPG Thailand), a Thai non-life insurance company, together with local Thai parties.

Starr’s investment will be held by its Bermuda insurance company, Starr Insurance & Reinsurance Limited. The transaction is expected to close in the second quarter of 2022, subject to certain customary closing conditions, including any necessary regulatory approvals.

“Thailand is an important, fast-growing insurance market — one of the cornerstones of the Southeast Asia economy,” said Maurice R. Greenberg, Starr’s Chairman & CEO. “Asia is both commercially and culturally important to Starr, as we trace our roots to an American-owned company founded in Shanghai more than 100 years ago. We loo ... Read more »

DUBAI, UNITED ARAB EMIRATES.-Wednesday 18 May 2022 [ AETOS Wire ]

Premier multi-gaming organization and lifestyle brand Bravado Gaming has announced its entry into the MEA gaming industry as part of its global expansion strategy aimed at consolidating its regional fanbase and exposing local gamers to its revamped gaming experience.

The Bravado expansion with support from its sponsors - Alienware, Intel and Dell Gaming - will include the setting up of bases in South Africa, Egypt, the UAE and Saudi Arabia and will boast a variety of competitive gamers and divisions from across the region while simultaneously working on the lifestyle eco-systems of the Bravado brand. Watch the announcement video here.

Anchoring its strategic entry into the already vibrant gaming region, which had a combined revenue of over US1.7 billion in 2021 and poised to reach over US$3 billion in 2025 - a compound annual growth of 13.8 percent, Bravado Gaming will be tapping into the regio ... Read more »

LAUSANNE, Switzerland & SAN FRANCISCO-Wednesday 18 May 2022 [ AETOS Wire ]

New research by scientists in Switzerland shows supplementation with Urolithin A had exercise-like effects on muscle strength after 4-months (+12%), published in Cell Reports Medicine

This is the first clinical trial with Urolithin A in a middle-aged population and is also the first time that the potent mitochondrial recycling mechanism, mitophagy, is shown in humans

(BUSINESS WIRE) -- Amazentis, a spin-off of the Swiss Federal Institute of Technology (EPFL) pioneering scientific breakthroughs in cellular health and nutrition, announced today that the peer-reviewed clinical and translational journal Cell Reports Medicine published new clinical results showing the muscle health benefits of the gut microbiome postbio ... Read more »

UnderwriteIQ joins TreatyIQ and ExposureIQ on the RMS Intelligent Risk Platform

NEWARK, Ca-Wednesday 18 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- RMS®, a Moody’s Analytics company and world-leading risk modeling and solutions company, announces it will be launching a new application, UnderwriteIQ™, hosted on the cloud-based RMS Intelligent Risk Platform™. UnderwriteIQ enables underwriters to have greater control of risks by bringing hazard, exposure, and loss data together in the underwriting process at the point of decision – all based on RMS model science and data. The new application will allow underwriters to price with confidence, enable consistent risk decisions, and improve operational efficiency.

The application is hosted on the modular and unified RMS Intelligent Risk Platform (IRP). The platform provides proprietary and tertiary data analytics to rapidly generate high-resolution risk insights via applications that ... Read more »

Former Cellebrite & MicroStrategy CMO joins Board’s leadership team

CHIASSO, Switzerland & BOSTON-Wednesday 18 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Board International, the number one Decision-Making Platform provider, announces today the appointment of Mark Gambill as Chief Marketing Officer.

“Mark is a terrific marketing leader with an outstanding history working in the technology, SaaS and software industries and a track record building world-class marketing organizations and developing intelligent planning and analytics solutions for high growth companies,” said Marco Limena, CEO of Board International. “I am excited to welcome Mark as Chief Marketing Officer, as we continue to grow our brand and deliver fantastic momentum for the company.”

Mark Gambill joins Board from Cellebrite, the leading provider of SaaS-based Digital Intelligence offerings, where he led a global team of marketers worldwide. Celleb ... Read more »

4,000 OCTG pipes handled in four hours at Iraqi fully integrated logistics centre
       
Sharjah, United Arab Emirates-Wednesday 18 May 2022 [ AETOS Wire ]

Gulftainer, the largest privately owned, independent port management and logistics company globally, has accomplished record-breaking operational excellence by handling 4,000 steel pipes within four hours. The cargo was discharged in the Port of Umm Qasr and transported to the Umm Qasr Logistics Centre (UQLC) where it will be stored until customs cleared and collected by the customer.

Gulftainer operates a container terminal ICT in  the port, located in southern Iraq alongside Gulftainer’s logistical arm Momentum, operates Umm Qasr Logistics Centre (UQLC), which, this week, discharged the vessel Jabal Ali 1. The operation included the discharge of 4,000 steel pipes completed in less than four hours with zero damages, marking a new cargo handling record for the Gulftainer ... Read more »

Reforms will attract investment from international e-cigarette brands, as well as from local entrepreneurs, while consumers will benefit from better, accessibly priced alternatives to combustible cigarettes
       

AMMAN, Jordan-Wednesday 18 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- RELX International, a responsible multinational electronic cigarettes company, is continuing its support for the Hashemite Kingdom of Jordan to adopt a more favourable fiscal policy when it comes to the country’s e-cigarette polices and taxes. Should policies and taxes on these products be revised in line with regional markets such as Egypt, Kuwait, Saudi Arabia and the UAE, Jordanian adult smokers, the business environment and government financial reserves will benefit greatly.

According to the Jordan National Stepwise Survey (STEPs) for Noncommunicable Diseases Risk Factors 2019, adult smokers in Jordan smoke an average of 21.3 cigarettes a day [ ... Read more »

54% name IT cost control as a top business challenge

OSLO, Norway-Wednesday 18 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- A global study released today shows 54 percent of IT decision-makers identify their biggest challenge as IT cost optimization.

IT cost optimization, which is the practice of controlling and reducing costs while maximizing business value within an IT estate, can be difficult and with the growing complexity of technology, the challenge isn’t getting any easier.

The new research provides insights into IT decision-makers across the globe and their views on technology, cloud, and innovation. The study was conducted by Sapio Research, in partnership with Crayon, an IT services and innovation company based in Norway. The research is based on 2,050 IT decision-makers at large organizations (200+ employees) in 19 different countries.

“This study showcases that IT cost control is business-critical, especially in the curre ... Read more »

TOKYO-Wednesday 18 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Morinaga Milk Industry Co., Ltd. (TOKYO:2264), a leading Japanese dairy product company, today announced its proprietary probiotic Bifidobacterium longum BB536 was approved by the National Health Commission (NHC) of the People’s Republic of China as a new food ingredient for use in infant and toddler foods (under the age of three) on 11th May 2022.

Following a complex and lengthy registration process, the probiotic strain B. longum BB536 meets the highest standards of safety and regulatory compliance and has now completed the approval process for use as an ingredient in infant and toddler milk and food products for children under three years old in China.

“We are extremely proud to have achieved the registration process and consider it an endorsement of the core values of Morinaga Milk’s HRB (human-residential bifidobacteria),” said Dr. Xiao, General Manager of Next Generati ... Read more »

DUBAI, UNITED ARAB EMIRATES.-Wednesday 18 May 2022 [ AETOS Wire ]

To meet consumers’ current and future needs, Fresh Del Monte strives to foster creativity and innovation, to improve the taste, safety, quality, and sustainability of its products.  

Finding solutions to pressing issues and promoting sustainable agriculture has prompted a host of innovations from Fresh Del Monte.

Ms. Racha El Aawar, Fresh Del Monte’s Regional Marketing Director for the Middle East and North Africa region, said: “Innovation is the driver of the modern world, and at Fresh Del Monte, we are committed to continually innovating to better the entire agricultural industry through the changes that lie ahead.”

“Following 16 years of development, we brought to market our first pink pineapple variety, Pinkglow® pineapple. We partnered with Australia’s Queensland University on research to tackle TR4, a fungus that has plagued banana crop ... Read more »

A unified experience for developers and database administrators to monitor, manage, secure, and optimize database environments and supports private database as-a-service functionality.

RALEIGH, N.C.-Wednesday 18 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Percona, a leader in open source database software and services, today announced the general availability of Percona Platform, which brings the company’s expertise with databases including MySQL®, PostgreSQL® and MongoDB® together alongside services, management and automated insights into a single product. Using the company’s experience in managing and improving some of the largest database installations in the world, Percona Platform helps users monitor, manage, secure and optimize their database instances across any infrastructure.

“Percona Platform brings the experience and expertise that we have built up over the years and puts it in the hands of developers and database admin ... Read more »

Banking sector trading represents 78% of total volume

DUBAI, United Arab Emirates-Wednesday 18 May 2022 [ AETOS Wire ]

Iraq Stock Exchange’s (ISX) trading volume in April surged by 58% compared to the previous month to US$66.7 million. The banking sector had the highest share in trading volume with 78.0%, followed by the telecom sector with an 8.4% share. The industry sector had a 5.2% share, the agriculture sector had a 4.0% share, hotels & tourism had a 3.7% share, and the rest of the sectors had a 0.7% share in total trading volume. The month witnessed a high volume of cross transactions in the banking sector.

Three companies decided to distribute profits during April; Baghdad Soft Drinks Co (yield: 5.3%), Trust International Islamic Bank (yield: 2.9%), and Baghdad Hotel (yield: 3.2%).

Twenty companies’ share prices went up in April, with Ishtar Hotels climbing +41.9% during the month, followed by Tourist Village of Mosul Dam +28.7% ... Read more »