The project is generating attention in MENA due to its tremendous transactional management possibilities, higher security, and inbound governmental database projects.

October 6, 2022. Venom Foundation has been registered as the first crypto foundation in the ADGM, with a license to operate a blockchain and issue utility tokens. ADGM is well known as a fintech oasis for investors and financial services firms in the region and from around the globe. The next essential step of Venom Blockchain - its launch - will be announced soon.

Venom blockchain is an asynchronous blockchain technology of dynamical sharding, that has made an unprecedented leap in blockchain technology development globally, bringing to the market boundless scalability, and higher security guarantees with decentralization. Venom Foundation is a leader within three core directions, such as Essential Infrastructure, Support of Inbound Projects, Developer-friendly Platform, each to offer novel solutions f ... Read more »

Sharjah, United Arab Emirates - Thursday, 06. October 2022

$5 trillion of wealth across growth markets passed from one generation to the next over next 10 years, underscoring the need for enhanced mechanisms for giving
Between $400 billion to $1 trillion is disbursed in Islamic alms-giving every year.
To meet the growing demand for more cohesive philanthropic communities in the MENA region, Sheikh Saud Bin Saqr Al Qasimi Foundation for Policy Research in collaboration with the Organisation for Economic Co-operation and Development (OECD) Network of Foundations Working for Development (netFWD) and the Pearl Initiative, convened experts for a series of panel discussions at a  joint event titled "Private Philanthropy for Development in the MENA". The discussions focused on building effective philanthropic communities across the region, drawing opinion from philanthropists and experts from the non-profit sector to promote improved data and dialo ... Read more »

CHICAGO - Thursday, 06. October 2022

Collaboration continues Hyatt’s asset-light growth strategy and marks entry of JdV by Hyatt brand in Germany

(BUSINESS WIRE) -- Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into an exclusive collaboration agreement with Lindner Hotels AG, a family-run German hospitality business, focused on hotel developments, management and investments. It is expected that more than 30 hotels across seven European countries will join the Hyatt brand portfolio and will be integrated into the World of Hyatt loyalty program in the near future. The majority of the properties are slated to transition to the JdV by Hyatt brand, a collection of independent hotels with unique personalities and a true reflection of their locations.

Lindner Hotels AG, a German family-owned hospitality company founded in 1973 by architect Otto Lindner, operates a variety of properties under the Lindner Hotels & Reso ... Read more »

REDLANDS, Calif.

Agreement Will Expand Access to Satellite Imagery Analysis for Environmental Monitoring and Risk Reduction

(BUSINESS WIRE) -- Climate change is compounding risks of food insecurity, displacement, and natural disasters across broad regions of the African continent, with vulnerable populations facing especially grave outcomes. However, several countries in Africa are already innovating and driving the next big tech sector boom, with companies creating solutions to close social and economic gaps. To support local organizations that use data sciences to address these challenges, Esri—the global leader in location intelligence—has entered into a memorandum of understanding (MOU) with Digital Earth Africa.

Intended to encourage and support sustainability in governance and commerce, this partnership will create and launch technology solutions based on free, open-source satellite images and other forms of earth observation data. Using Esr ... Read more »

MILWAUKEE - Thursday, 06. October 2022 

Acquisition to strengthen, expand global reach for intelligent motor control center offering

(BUSINESS WIRE) -- Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced that it has signed a definitive agreement to acquire CUBIC, a company that specializes in modular systems for the construction of electrical panels. CUBIC, founded in 1973, serves fast-growing industries, such as renewable energy, data centers, and infrastructure, and is headquartered in Bronderslev, Denmark.

CUBIC’s efficient and flexible modular systems combined with Rockwell’s intelligent devices and industry expertise will benefit customers by offering faster time to market, enabling broader plant-wide applications for intelligent motor control, and generating smart data to increase sustainability and productivity.

CUBIC’s est ... Read more »

LONDON - Thursday, 06. October 2022

Former TIBCO Software Global CTO Joins Board’s Executive Leadership Team

(BUSINESS WIRE) -- Board, the leading global provider of Intelligent Planning Solutions which help organizations plan smarter – enabling actionable insights and better outcomes, today announced the appointment of Nelson Petracek as Chief Technology Officer.

“Nelson Petracek is an outstanding technology leader with a record of continuous success working in the SaaS industry, building world-class technology teams and leading the development of powerful intelligent planning and analytics solutions for high growth organizations,” said Marco Limena, CEO of Board. “I am delighted to welcome Nelson as Chief Technology Officer, as we continue to deliver on the power of Intelligent Planning for our customers worldwide.”

Nelson Petracek joins Board from TIBCO Software, a global leader in enterprise dat ... Read more »

RUTHERFORD, Calif. - Thursday, 06. October 2022 AETOSWire

 The partners formed a Founding Corporate Council to support the development and global adoption of the Index. Led by AXA as the Founding Principal Partner, the Council consists of the following additional organizations: Aon, Bank of America, Business Group on Health, HCA Healthcare, Jardine Matheson, MINDSET Care Limited (Singapore), MINDSET Limited (Hong Kong), LifeWorks, Prudential, and URAC. Informed by science and guided by real-world experience, The Mental Health at Work Index™ takes the guesswork out of mental health at work. With The Mental Health at Work Index™, organizations around the world can measure, improve, and innovate their workplace mental health efforts.

(BUSINESS WIRE) -- One Mind at Work, a leading mental health non-profit, Columbia University Mental Health + Work Design Lab, and corporate ethical standards measurement company Ethisphere, have formed a partnership to deve ... Read more »

REHOVOT, Israel - Thursday, 06. October 2022

 

Food and beverage industry veteran Kevin Benmoussa named Executive Vice President and Chief Financial Officer; company announces new offices in New York City

(BUSINESS WIRE) -- Aleph Farms, the first cultivated meat company to grow steaks directly from non-genetically engineered animal cells, today announced the addition of Kevin Benmoussa as its Executive VP and Chief Financial Officer. He joins the C-Level leadership team of Didier Toubia (co-founder and CEO), Dr. Neta Lavon (CTO and VP R&D), Prof. Shulamit Levenberg (co-founder and Chief Scientific Adviser) and Yifat Gavriel ( ... Read more »

DUBAI, United Arab Emirates 
Gulf IT, a value-added distributor, announced that it has chosen Pentera, a provider of automated security validation, to assist over 1,500 customers in the Gulf region in combating ransomware attacks and ensuring continuous security validation.

According to recent research, in 2021 the UAE saw a 71% increase YoY in cyberattacks against corporate networks, per week. The collaboration is an important component of Gulf IT’s strategy to provide a unified turnkey security solution to customers in the region.

Pentera’s Automated Security Validation platform enables CISOs to validate the effectiveness of their cybersecurity by challenging their existing security controls across the entire kill-chain. The company provides continuous visibility into organizations’ security exposure and an actionable roadmap to remediation to improve security posture by emulating real-world hacking techniques. Validating the effectiven ... Read more »

HOUSTON & BOSTON - Thursday, 06. October 2022

Collaboration aims to maximize mineral recovery and reduce environmental footprint

(BUSINESS WIRE) -- Schlumberger announced today that it has entered into a partnership with Gradiant, a global water solutions provider, to introduce a key sustainable technology into the production process for battery-grade lithium compounds.

As part of Schlumberger’s NeoLith Energy direct lithium extraction (DLE) and production flowsheet, Gradiant technology is used to concentrate the lithium solution and generate fresh water—a critical element in sustainable lithium production from brine.

“Proper natural resource management is essential in mineral production, and nowhere more so than in lithium,” said Gavin Rennick, president of Schlumberger’s New Energy business. “The unprecedented growth in demand for this critical mineral requires high-quality production without compromising sust ... Read more »

HAMILTON, Bermuda - Thursday, 06. October 2022

(BUSINESS WIRE)--FGH Parent, L.P (“Fortitude Re”), parent company of Bermuda’s largest multi-line reinsurer, today announced the signing of a flow reinsurance transaction with a leading Japanese life insurance company. Fortitude Re executed this transaction through its Bermuda-based subsidiary, Fortitude International Reinsurance Limited.

“We are very pleased to continue supporting marquee clients in the Japanese insurance industry by providing strategic reinsurance capacity that helps our partners achieve their risk, capital and growth aspirations,” commented Alon Neches, Chief Executive Officer of Fortitude Re. “We see meaningful growth opportunities in the region and are committed to delivering thoughtful solutions tailored to our clients, their products and their markets.”

Sidley Austin LLP and Mori Hamada & Matsumoto served as legal counsel to Fortitude Re.

... Read more »

CHICAGO - Thursday, 06. October 2022

Meldrum will retire after seventeen years at Adams Street; Malhotra promoted to Head of Global Buyout Fund Investments

(BUSINESS WIRE) -- Adams Street Partners, LLC, a private markets investment firm with more than $50 billion of assets under management, announced today that Brijesh Jeevarathnam will be promoted to Partner & Global Head of Fund Investments. Jeevarathnam, who joined Adams Street as a Partner in Primary Investments in 2016, will also become a member of the firm’s Executive Committee as part of his new role.

Jeevarathnam succeeds Kelly Meldrum, who is retiring after 17 years as a Partner & Head of Primary Investments at the firm. Meldrum will transition her duties at year-end and will make herself available through the end of Q1 2023.

“Over her long tenure with Adams Street, Kelly has made innumerable contributions to the firm, not the least of which was building a terrific ... Read more »

LONDON - Thursday, 06. October 2022 AETOSWire 

(BUSINESS WIRE) -- Morrow Sodali, the global consulting firm to corporate and sovereign bond issuers, today published a report which provides a detailed account of their involvement in Ukraine’s recent transformational debt deferral.

When the government of Ukraine needed to approach their foreign creditors for breathing space for repayments on billions of dollars in debt, they assembled a multinational team of leading financial and legal professionals to oversee the complex process and ensure all moving parts came together successfully and on time.

With a team of dedicated experts in major financial centers around the world, Morrow Sodali took on the role of Information and Tabulation Agent for Ukraine’s consent solicitation. Using their proprietary real-time reporting system, BondWatch, which was developed by the Global Debt Services Team at Morrow Sodali, they were able to monitor in real-time ... Read more »

The Young Women in STEAM Grants - launched in 2020 - award young women making tremendous contributions to STEAM fields and help them further pursue their dreams (BUSINESS WIRE) -- As a decades-long leader in women’s empowerment and innovative science, Mary Kay celebrates young women who are taking charge of their futures through leadership, innovation, and determination to excel in STEAM fields. Women make up only 28% of the workforce in science, technology, engineering, and math. [1] By offering continued support to young women in STEAM fields, they are continuing Mary Kay’s mission, which is to improve women's lives everywhere. “More young women gaining access to STEAM education leads to an increase in women embracing careers in those fields. In turn, this provides access to more equal opportunities for women, narrows the gender pay gap, bolsters economies, and eliminates bias in scientific and related fields,” said Dr. Lucy Gildea, Chief Innovation Officer, Product and Science for ... Read more »

The blankets will be part of the supply package for recently appointed guardians to gift to foster children upon arrival, helping them feel welcome during their critical adjustment phase

(BUSINESS WIRE) -- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that on October 6, 2022, over 300 Rimini Street employees gathered in Las Vegas will handmake 500 fleece blankets for local foster children. The blankets will then be donated to Clark County (Nev.) Department of Family Services and Foster Kinship, a Las Vegas-based non-profit. The volunteers will also craft 100 smaller blankets to be donated to the Las Vegas SPCA for animals waiting for their forever homes. The remaining fabric will be donated to volunteer quilters who sew garments for local homeless youth.

The 500 blankets will be part of the suppl ... Read more »