PARIS - Saturday, February 6th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Murex, the leading provider of integrated trading, risk, and processing solutions, today announced that it has been recognized as the Number One Overall Top Technology Vendor in the treasury and capital markets industry at the Risk Awards 2015 ceremony, hosted by Risk Magazine in London last week. This is the third consecutive year that Murex has won this recognition. This victory is further acknowledgment of the company’s achievements, which have also been highlighted by the Asia Risk Technology Rankings 2015.

Alongside its competitors, Murex’s unique MX.3 solution was evaluated across various categories, including front-to-back-office systems, analytics, risk management and other areas such as global limits management and support services.

“Risk-based regulations are increasing the cost and complexity of technology for most financial institutions” commented Peyman Me ... Read more »

ABU DHABI, United Arab Emirates - Saturday, February 6th 2016 [ME NewsWire]

The General Civil Aviation Authority (GCAA) called upon light air sports enthusiasts to practice their hobbies in designated clubs accredited by the authority in order to maintain their security and safety. The call falls within the framework of the campaign organized by the authority to raise awareness about light air sports. The campaign was launched in cooperation with the Air Support Department at the Directorate General of Security Support at the General Secretariat of the Office of H.H Deputy Prime Minister and Minister of Interior, and continues for two weeks during February.

H.E Saif Mohammed Al Suwaidi, Director General of GCAA, noted that light air sports are a relatively new hobby. “It is not merely a flying game, but a sport that requires mental focus and accuracy to enable users to harmonize mental commands and hand movements to fly their drone,” he added. He called u ... Read more »

Multi-Year Renewal Will See German Commercial Broadcaster Utilise SES Platform Services' Video-on-Demand Distribution Services

MUNICH - Friday, February 5th 2016 [ME NewsWire]

(BUSINESS WIRE)-- German commercial broadcaster TELE 5 has renewed a multi-year contract with SES Platform Services, a wholly-owned subsidiary of SES S.A. (NYSE Paris:SESG) (LuxX:SESG). Under the agreement, SES Platform Services, a global service provider for the distribution of video content, will be providing services to TELE 5 which include editing and distributing video and metadata (such as information about license periods, pictures, trailers and brief descriptions) – from live broadcasting to video-on-demand.

Christof Wegenast, Commercial Director and Deputy CEO at TELE 5, says, "We chose SES Platform Services because it best meets our overall needs. It offers high transmission reliability, efficient tools and processes, enough flexibility for live broadcasting, an ... Read more »

New report forecasts that “by 2020, 10% of enterprises will have included canceling their on-premises ERP vendor maintenance agreements in their postmodern ERP strategy, lowering annual support costs by up to 50%”

LAS VEGAS - Friday, February 5th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Rimini Street, Inc., the leading independent provider of enterprise software support services for SAP SE’s (NYSE:SAP) Business Suite and BusinessObjects software and Oracle Corporation’s (NYSE:ORCL) Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database,Oracle Middleware, Hyperion, Oracle Retail and Oracle Agile PLM software, today announced that Gartner recently released a new report titled, “Does Third-Party Support Have a Role in Your Postmodern ERP Strategy?” In the report, Gartner presents key challenges and recommendations related to a postmodern ERP approach, providing ERP maintenance and support assessment criteria for IT leaders for ... Read more »

Crosstex to acquire NAMSA’s Products Division to grow global sales of Sterilization Products in the industrial market

NORTHWOOD, Ohio - Thursday, February 4th 2016 [ME NewsWire]

(BUSINESS WIRE)-- North American Science Associates, Inc. (NAMSA), the world’s leading medical research organization (MRO®) today announced a definitive agreement to divest its Sterility Assurance Products Division of biological and chemical indicators. Crosstex International, Inc. (Crosstex), dedicated to delivering innovative infection prevention products for patients, caregivers, and other healthcare providers, will acquire the assets of NAMSA’s Products business to further expand their offerings in the industrial market. The divestiture is consistent with NAMSA’s strategy to focus the organization on preclinical and clinical services that support the MRO® Approach, which offers a combination of regulatory and quality consulting, laboratory testing and clini ... Read more »

2016 Pulse of the Profession®: The High Cost of Low Performance Demonstrates Need For Stronger Worldwide Implementation of Project, Program and Portfolio Management

PHILADELPHIA - Friday, February 5th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Project Management Institute’s (PMI) 2016 Pulse of the Profession®: The High Cost of Low Performance reveals organizations around the world waste an average of US$122 million for every US$1 billion spent on projects as a result of poor project management practices. This represents an increase of 12 percent over last year. Amid worsening project outcomes, increased competition, an uncertain economy and other disruptive global trends, the report identifies a number of ways organizations can improve their performance.

The 2016 Pulse of the Profession findings show that organizations that effectively use formal project, program and portfolio management practices waste 13 times less than organizations that don’ ... Read more »

Initiative will provide 22 million subsidy recipients with secure, convenient, and transparent payment solutions

SAN FRANCISCO & CAIRO - Friday, February 5th 2016 [ME NewsWire]

(BUSINESS WIRE)-- The Egyptian government, represented by the Ministry of Supply and Internal Trade and the Ministry of Planning, this week signed a Memorandum of Understanding (MOU) with Visa Inc., to enable electronic payment of government subsidies to 22 million Egyptian families.

The MOU was signed by H.E. Dr. Khaled Hanafy, Minister of Supply and Internal Trade, H.E. Dr. Ashraf Al Arabi, Minister of Planning, Monitoring, and Administrative Reform, and Stephen Kehoe, senior vice president for Financial Inclusion, Visa Inc., at a ceremony held at the Ministry of Administrative Development. The signing of the MOU today launches an ambitious period of work designed to provide Egypt with one of the most modern subsidy payments systems in the world.

H.E. Dr. Khaled Hanafy, M ... Read more »

ABU DHABI, United Arab Emirates - Friday, February 5th 2016 [ME NewsWire]

The Vehicles and Drivers Licensing Department at Abu Dhabi Police announced that the number of vehicles in the Emirate of Abu Dhabi amounted to 1,016,740 vehicles during the past year. The department also stressed the provision of its various services to vehicles owners wherever they are in their areas of residence.

According to Colonel Suhail Saeed Al Khaiaili, Chief of the Vehicles Licensing Section at the Vehicles and Drivers Licensing Department, there are seven different categories of vehicles, notably 908,000 light vehicles; 45,885heavy vehicles, 18,590 heavy buses, 2,758 light buses, and 23,051 heavy duty machinery, 7,518 light duty machinery, and 10,389 motorcycles.

Colonel Al Khaiaili said that the all vehicle licensing transactions and other services are easily provided through the Ministry of Interior’s smart application UAE-MOI, and the "Sahel" device, which ... Read more »

NEUCHATEL, Switzerland - Friday, February 5th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Masimo (NASDAQ: MASI) announced today that in a new clinical study, Masimo’s Oxygen Reserve Index (ORI™), the first noninvasive and continuous parameter to provide insight into patients’ oxygen reserve when they are receiving supplemental oxygen, helped clinicians in the early identification of impending desaturation in pediatric patients during induction of anesthesia.1

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160204005527/en/

Oxygen saturation (SpO2) using pulse oximetry provides noninvasive, continuous visibility to arterial blood oxygenation in hypoxia (lower than normal oxygenation) and normoxia (normal oxygenation). For procedures such as induction of anesthesia and intubation, clinicians will usually build an “oxygen reserve” in the patient by providing supplemental oxyg ... Read more »

LUXEMBOURG - Friday, February 5th 2016 [ME NewsWire]

(BUSINESS WIRE)-- The Luxembourg Government announced a series of measures to position Luxembourg as a European hub in the exploration and use of space resources. Amongst the key steps undertaken, as part of the spaceresources.lu initiative, will be the development of a legal and regulatory framework confirming certainty about the future ownership of minerals extracted in space from Near Earth Objects (NEO’s) such as asteroids.

Luxembourg is the first European country to announce its intention to set out a formal legal framework which ensures that private operators working in space can be confident about their rights to the resources they extract, i.e. rare minerals from asteroids. Such a legal framework will be worked out in full consideration of international law. Luxembourg is eager to engage with other countries on this matter within a multilateral framework.

Luxembourg will also invest in relevan ... Read more »