ESPOO, Finland - Tuesday, 29. April 2025

(BUSINESS WIRE) -- Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, today announced its financial results for the first quarter of 2025, demonstrating resilient financial performance with significant improvement in free cash flow and strategic progress in market diversification.

Q1 Results

Net sales of EUR 16.9 million (16.3) +3.7% Year on Year, in constant currency, EUR 17.1 million, +4.6% Year on Year.

Operating profit of EUR 4.5 million (4.4) +2.3% Year on Year.

Operating margin of 26.9% (27.2%).

Foreign exchange losses reduced to EUR 1.4 million (1.7).

Net income EUR 1.5 million (1.6) -5.6% Year on Year.

Gross cash flow from operations EUR 6.4 million (1.0).

Positive free cash flow of EUR 1.0 million (-4.7).

Earnings per share EUR 0.1 (0.1).

Order book at the end of the period EUR 70.3 million (74.8).< ... Read more »

BARCELONA, Spain - Monday, 28. April 2025

(BUSINESS WIRE) -- Ferrer, an international B Corp pharmaceutical company with an increasing focus on rare neurological diseases, and Prilenia Therapeutics B.V., a clinical-stage biotech company, have announced the signing of a strategic co-development and license agreement in which Ferrer obtains the rights to develop, manufacture and commercialize Pridopidine in the European Region, the Middle East and North African Region, the Southern African Region, the Central and South American Region, and the Commonwealth of Independent States Region.

Pridopidine, a potent and highly selective, orally administered sigma-1 receptor agonist, designed to regulate key neuroprotective mechanisms that are often impaired in neurodegenerative diseases, is a promising candidate for the treatment of Huntington’s Disease (HD), a rare inherited neurodegenerative disease, with a high unmet medical need1. It has been studied in more th ... Read more »

SHANGHAI - Wednesday, 16. April 2025 AETOSWire  

GCNano3DVG GPU IP introduces content-aware rendering to maximize efficiency in wearable applications

(BUSINESS WIRE) -- VeriSilicon (688521.SH) today announced the launch of GCNano3DVG, a new ultra-low power graphics processing unit (GPU) IP designed specifically for wearable and other compact, battery-powered devices requiring dynamic graphics rendering. Featuring both 3D and 2.5D graphics rendering capabilities, GCNano3DVG delivers an optimal balance between visual performance and power efficiency, making it ideal for a wide range of applications including smartwatches, smart bracelets, and AI/AR glasses.

VeriSilicon’s GCNano3DVG IP combines optimized hardware pipelines with a lightweight and configurable software stack to deliver efficient, low-power graphics processing. It features separate rendering pipelines for 3D and 2.5D graphics, accelerating the rendering of complex scenes composed of 3D o ... Read more »

Al Zorah Development Company, a partnership between the Government of Ajman and Solidere International, together with Four Seasons, have announced plans to open Four Seasons Resort Ajman at Al Zorah in 2026. The beachfront luxurious resort will undergo extensive upgrades to the existing property, including upgrades to accommodation and public facilities.

The resort will feature 23 villas, 74 rooms, and suites, all equipped with private terraces offering stunning views of the Arabian Gulf. Located just 25 minutes from Dubai International Airport, the resort offers a unique blend of comfort and natural tranquility.

George Saad, CEO of Al Zorah Development Company, expressed that the project represents an opportunity to elevate the current property into a premier luxury destination, combining local culture with Four Seasons’ global standards. He looks forward to attracting international attention and enhancing the region's appeal.

Bart Carnahan, Presid ... Read more »

 Le Fonds saoudien de développement culturel (CDF) a annoncé sa participation à l'Expo 2025 Osaka Kansai dans le cadre du Pavillon Saoudien, qui se tiendra au Japon du 13 avril au 13 octobre 2025. La présence du CDF à l'Exposition souligne l'engagement de l'Arabie Saoudite à développer le secteur culturel et à renforcer son rôle en tant que moteur de la c ... Read more »

 Milestone Systems recently acquired state-of-the-art anonymization technology brighter AI, opening  up a range of new opportunities for video technology with anonymization capabilities and privacy enhancement, which protects data and enables full data privacy. The addition of brighter AI significantly strengthe ... Read more »

LAS VEGAS - Monday, 28. April 2025

Rimini Street to provide managed and professional services for the highly customized and integrated Salesforce environment which serves as the core of MLU’s curriculum and case management processes

(BUSINESS WIRE) -- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced that the Mobile Learning Unit (MLU) at the University of Melbourne has selected Rimini Manage™ and Rimini Consult™ for Salesforce as its strategy to bring stability and enhancement to its eLearning platform.

The MLU is on a mission to make learning accessible, engaging and simplified. Through the successful launch of its eLearning platform, the higher learning institute provides end-to-end learning solutions for education providers, ranging from course creation and instructional ... Read more »

Olczak issues call for pragmatic policies that accelerate advances in public health, noting that approximately 20% of smokers globally lack access to better alternatives to cigarettes

(BUSINESS WIRE) -- Jacek Olczak, Chief Executive Officer of Philip Morris International Inc. (NYSE: PM), outlined the need for common-sense regulations in the consumer goods sector while addressing global leaders at Semafor’s annual World Economy Summit in Washington, D.C., on April 25, 2025. Olczak emphasized the sector’s potential for innovation-led growth despite the volatile economic environment. He stressed, however, that without appropriate regulation and policy frameworks to enable scientific evaluation and consumer access, promising breakthroughs—such as innovations in wellness, food, and personal care products—could become missed opportunities.

While addressing the tobacco and nicotine in ... Read more »

DUBAI, United Arab Emirates 
(BUSINESS WIRE)--MultiBank Group, the world’s largest financial derivatives institution headquartered in Dubai, has been awarded the prestigious title of ‘Most Reputable Forex Broker 2025’ at Money Expo Abu Dhabi, held on April 23–24 at Conrad Abu Dhabi Etihad Towers.

Money Expo Abu Dhabi is one of the region’s most prominent financial exhibitions, drawing leading figures in trading, fintech, and investment to explore the future of global finance. This recognition underscores MultiBank Group’s unwavering commitment to transparency, regulatory excellence, and client-first principles across all facets of its operations.

Naser Taher, Founder and Chairman of MultiBank Group, stated, “Being named the ‘Most Reputable Forex Broker’ is a powerful validation of the trust we have earned over the past two decades. Our reputation is built on a foundation of unmatched regulatory integrit ... Read more »

PARIS 
(BUSINESS WIRE) -- Generix, a global business software company offering an expansive portfolio of SaaS solutions for supply chain, finance, commerce, and B2B integration, today announces the launch of Generix Resource Management Systems (RMS), a new AI-powered application that optimizes all warehouse resources through intelligent forecasting, planning, and analytics – all in a single environment.

As many warehouse management teams struggle to keep pace with supply chain disruptions with error-prone, disparate manual tools, Generix RMS provides the precise forecasting and planning capabilities needed to control labor costs, maximize resource utilization, and improve visibility into capacity.

“In a world dominated by unpredictability, we know that the stakes are too high, and supply chains are too complex to simply rely on spreadsheets for planning and managing all warehouse resources,” stated Si-Mohamed Saïd, Chief Product & Mar ... Read more »

CAIRO - Monday, 28. April 2025 AETOSWire Print 

Fawry is enhancing customer interactions with Truecaller’s Customer Experience [CX] solution, ensuring secure, verified, and transparent communication.
Fawry continues to adopt customer-centric approaches reinforcing its leadership in Egypt’s fintech sector.
 

(BUSINESS WIRE)--Fawry, Egypt’s leading fintech Company, has partnered with Truecaller, the leading global communications platform, to revolutionize customer communication and experience. This collaboration enables Fawry to provide its customers with a more secure, transparent, and seamless calling experience, reinforcing trust and engagement.

Through Truecaller’s Customer Experience Solution, Fawry now enables customers to instantly recognize incoming calls, reducing uncertainty and enhancing engagement. Official branding elements—including Fawry ... Read more »

-- Total deal size of approximately €500 million, including approximately €125 million in upfront and near-term milestones --

-- Ferrer to commercialize pridopidine in Europe and other select markets; Prilenia retains full commercialization and development rights to pridopidine in North America, Japan and Asia Pacific --

-- Co-development agreement in the territory supports further expansion of pridopidine in Huntington’s disease, amyotrophic lateral sclerosis and future indications --

-- Pridopidine for Huntington’s disease is currently under review by the European Medicines Agency (EMA) with a CHMP opinion expected in the second half of 2025 --

(BUSINESS WIRE) -- Prilenia Therapeutics B.V., a biopharmaceutical company driven by an unwavering commitment to scientific excellence and accelerating progress ... Read more »