Dubai, United Arab Emirates - Thursday, 20. February 2025 AETOSWire

Luxury Like Never Before: Experience a one of a kind stay in Our Exclusive Club Rooms and Suites with the first unique club privileges served at the World’s Highest Outdoor Infinity Pool.

Address Beach Resort at JBR, renowned for its chic interiors, unmatched comfort, and breathtaking views, redefines luxury hospitality. Just steps from Ain Dubai and home to the world’s highest outdoor infinity pool, this ultra-modern sanctuary offers an unparalleled escape in one of Dubai’s most iconic landmarks. Elevating the guest experience, the resort unveils its elegant Club Rooms and Suites, including the Club Marina City View Room, Club Sea View Room, and Club One Bedroom Executive Sea View Suite. Each stay includes exclusive Club Privileges, ensuring a truly indulgent retreat.

Designed as a luxury home away from home, the 45sqm Club Room blends sophisticated int ... Read more »

The VinFast VF 8 is built to withstand the Middle East's extreme climate, offering comfort and durability in intense heat and dust. Features like advanced climate control, air filtration, and AWD make it a reliable choice for tough driving conditions.

The Middle East’s climate presents unique challenges for vehicles. With summer temperatures often exceeding 43°C, frequent dust storms, and occasional heavy rains, maintaining comfort and reliability on the road requires more than just standard engineering. In such conditions, vehicles must be equipped to handle intense heat, air quality issues, and sudden shifts in weather.

With these factors in mind, VinFast has tailored the VF 8, incorporating features that address the region’s specific driving challenges. Its air conditioning system, cabin materials, and drivetrain have been adapted to enhance stability, durability, and overall comfort.

Extreme heat ... Read more »

RIYADH, Saudi Arabia - Thursday, 20. February 2025

20 February 2025 - 21 Sha’ban 1446

(BUSINESS WIRE) -- The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, approved today, February 20, 2025, the Saudi riyal symbol; a historic move that will reinforce the Saudi currency's identity.

The Governor of the Saudi Central Bank (SAMA), H.E. Ayman M. Al-Sayari, extends his profound appreciation to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and HRH Crown Prince and Prime Minister, Prince Mohammed bin Salman, for launching the Saudi riyal symbol.

Al-Sayari noted that this decision reinforces Saudi Arabia’s financial identity, locally, regionally, and internationally. He indicated that the implementation of the new symbol will be gradual for financial and commercial transactions, with coordination across all relevant entities.

Al-Sayari said this initiative aims to promote the national i ... Read more »

TOKYO - 
Next-generation AI tool will enhance operational efficiency, address global talent shortages, and empower businesses with smarter automation.

(BUSINESS WIRE) -- NTT DATA, a global digital business and IT services leader, today announced the international launch of its next-generation Smart AI Agent™. This advanced AI tool is a cornerstone of the company’s strategy to accelerate the adoption of Generative AI, with an estimated $2 billion in revenue that we aim to achieve from Smart AI Agent™-related business by 2027.

The Smart AI Agent™ autonomously extracts, organizes, and executes tasks in response to user instructions, complementing existing workforces and streamlining time-consuming processes. By enhancing efficiency across industries, the Smart AI Agent™ enables businesses to rapidly evaluate and deploy Generative AI applications, optimizing workflows and driving greater productivity.

Yutaka Sasaki, Presid ... Read more »

Amman, Jordan. 
The Digital Cooperation Organization (DCO), a global multilateral organization committed to enabling digital prosperity for all by accelerating the inclusive growth of the digital economy, has concluded its fourth annual General Assembly in Jordan on 19th February 2025, launching new digital cooperation initiatives aimed at narrowing the global digital divide and endorsing the DCO’s 2025-2028 Agenda that will advance digital maturity across Member States.

In the Declaration of the General Assembly, the 16 DCO Member States reaffirmed their commitment to building an inclusive, human-centric, and sustainable digital economy. They also welcomed the decision to broaden DCO membership by establishing the Associate Membership mechanism, and the successful implementation of the WE-Elevate initiative.

DCO’s Member States furthermore endorsed the following cross-border initiatives: the DCO Entrepreneurship and Innovation Standard of Exce ... Read more »

(BUSINESS WIRE) -- Spanish pharmaceutical company Ferrer has reaffirmed its status as a B Corp, an international certification awarded to companies that operate with a business model centered on positive impact and meet high social, environmental, and community standards. Ferrer has achieved a score of 136.4 points, making it the highest-rated pharmaceutical company in the world. Additionally, it now ranks as the third-highest scoring company across all sectors globally among those generating more than €500 million in annual revenue.

According to Mario Rovirosa, CEO of Ferrer, “This achievement reflects our firm commitment to using business to fight for social justice. Every member of our organization works daily to ensure that we are not just one of the best companies in the world, but one of the best companies for the world. However, while we are immensely proud of this recognition, we believe it is not enough. We have a moral obligation to do more and do better ... Read more »

Houston, Texas - Wednesday, 19. February 2025

Funds to Advance Exploration Projects in USA, Turkey, Indonesia & Italy

Ignis H2 Energy Inc. (“Ignis Energy”), a geothermal exploration and development startup, announced today the successful first closing of its Series A funding round, securing $12.5 million from a consortium of investors, including leading funds and private individuals. The funding round was led by alfa8 and includes a commitment from drilling contractor Nabors Industries, alongside investments from existing shareholders, private individuals, and family offices.

Advancing a Global, Risk-Balanced Geothermal Portfolio

Unlike other startups in the geothermal industry, Ignis Energy does not rely on a single technology or opportunity. Instead, it manages a risk-balanced portfolio of geothermal power-producing opportunities across high-enthalpy environments worldwide. By leveraging proven technologies and insight ... Read more »

 (BUSINESS WIRE)--SES S.A. has taken note of Moody’s Ratings Press Release today with regards to SES and is providing a market update ahead of its Full Year 2024 financial results announcement on 26 February 2025.

SES expects Full Year 2024 Results(1) to be better-than-expected with Revenue at the top end of the financial outlook range (€1,940-2,000 million)(2) and Adjusted EBITDA above the outlook range (€950-1,000 million)(2).

The proposed acquisition of Intelsat is on track to close during H2 2025. SES expects to reconfirm all financial targets for ... Read more »

LONDON - Thursday, 20. February 2025 AETOSWire Print 

(BUSINESS WIRE) -- Alter Domus, a leading provider of tech-enabled fund administration, private debt, and corporate services for alternative investment managers, today announced the release of its latest whitepaper, “Altered States: Bundled Solutions Drive Operational Alpha for Alternative Investment Firms.” The report explores how alternative investment managers are evolving their operational models to enhance efficiency, scalability, and compliance.

To gain deeper insight into the shifting landscape, Alter Domus commissioned McKinsey & Co. to survey 192 professionals utilizing Financial Advisor (FA) and/or Debt Capital Management (DCM) services across North America, Europe, and APAC, ensuring a comprehensive, data-driven analysis of emerging trends. The findings, combined with an in-depth Q&A with Alter Domus’ Chief Operating Officer, Micha ... Read more »

 SES’s O3b mPOWER enhances offshore operations with high-performance connectivity to a Floating Production Storage and Offloading (FPSO) vessel

(BUSINESS WIRE)--SES announced today that O3b mPOWER, its second-generation medium Earth orbit (MEO) satellite system, was deployed to a Viasat Energy Services’ customer operating an offshore vessel in the Asia-Pacific (APAC) region. This collaboration represents Viasat Energy’s first adoption of MEO satellite technology in APAC and their inaugural implementation of O3b mPOWER services globally.

... Read more »

HERZOGENAURACH, Germany - Thursday, 20. February 2025 AETOSWire 

(BUSINESS WIRE)--Sports company PUMA has received strongly improved scores for its sustainability efforts regarding water security and forests and maintained a top score for its climate policy in the latest ratings by global environmental non-profit CDP.

While PUMA kept its A ranking in climate change, it improved its scores in water security and forest to A-, from a score of B and C respectively in the previous year, meaning it was ranked at a ‘leadership level’ in all categories analyzed by CDP.

“We are very proud of the improvements PUMA has made regarding water security and forests compared to last year,” said Veronique Rochet, Senior Director Sustainability at PUMA. “Combined with our continued top score for our climate change policies, CDP has recognized our leadership position in these areas. With our Vision 2030 sustainability targets, which we p ... Read more »