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Dubai, United Arab Emirates - Monday, February 23rd 2015 [ME NewsWire]

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 a consortium of investors on the $ 127,000,000 acquisition of the global headquarters building of Lenovo’s Enterprise Server Division at Research Triangle Park, in Raleigh North Carolina, USA (“The Property”).

The 67 acre campus featuring a lake, nature preserve, jogging trails, and recreation area, includes two recently renovated office buildings totaling 445,484sqft and a 39,952 sqft mixed-use office/ laboratory building currently under construction. The major renovations during 2014 involved an investment of more than $100m by Lenovo and the seller.

The Property was originally developed in 1995 & 1998 for Ericsson, and has functioned as a recognized corporate center for nearly 20 years. ... Read more »

Hilton HHonors Members Earn Double the Points or Airline Miles for Stays Between March 1, 2015 – May 31, 2015

MCLEAN, Va. - Thursday, February 26th 2015 [ME NewsWire]

(BUSINESS WIRE) -- Hilton HHonors, the loyalty program for Hilton Worldwide’s 12 distinct hotel brands, today announced the return of Double Your HHonors, one of the program’s most popular global bonus promotions among its 44 million members worldwide. With Double Your HHonors promotion, members may choose between earning either Double HHonors Points or Double Airline Miles for eligible hotel stays completed between March 1 and May 31, 2015, at participating Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio - A Collection by Hilton, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Hotels, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations properties.

“Thi ... Read more »

ABU DHABI, United Arab Emirates - Monday, February 23rd 2015 [ME NewsWire]

Lt. General HH Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, met today Monday HE Nouhad Machnouk, Lebanese Minister of Interior and Municipalities and his accompanying delegation. The meeting took place on the sidelines of the International Defense Exhibition and Conference (IDEX 2015)

During the meeting, both sides exchanged views on issues of mutual interest, especially in security and police fields.

The meeting was attended by Major General Dr. Nasser Lakhrebani Al Nuaimi, Secretary General of the Office of HH Deputy Prime Minister and Minister of Interior.

The Lebanese Minister of Interior and Municipalities was accompanied by Consultant Maher Abou El Khoudoud; Captain Bilal Omar, Ministry of Interior and Municipalities Company Commander; and HE Hassan Saad, the Lebanese Ambassador to the United Arab Emirates.

For more information ... Read more »

Team HAKUTO (Japan) and Team Astrobotic (U.S.) Plan Cooperative Launch in Pursuit of $30 Million Prize to Land a Private Spacecraft on the Lunar Surface

ME NewsWire/Business Wire

TOKYO - Thursday, February 26th 2015

HAKUTO, the only Japanese team competing for the $30 million Google Lunar XPRIZE, has announced a contract with fellow competitor, Astrobotic, based in Pittsburgh, Pa., to carry a pair of rovers to the moon. Astrobotic plans to launch its Google Lunar XPRIZE mission on a SpaceX Falcon 9 rocket from Cape Canaveral, Fla., during the second half of 2016. HAKUTO’s twin rovers, Moonraker and Tetris, will piggyback on Astrobotic's Griffin lander to reach the lunar surface. Upon touchdown, the rovers will be released simultaneously with Astrobotic’s Andy rover, developed by Carnegie Mellon University, travel 500 meters on the moon’s surface and send high-definition images and video back to Earth, all in pursuit of the $20M Google Lu ... Read more »

Abu Dhabi, United Arab Emirates - Monday, February 23rd 2015 [ME NewsWire]

Lt. General HH Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, continued his inspection tour on Monday, where he inspected the activities and pavilions of the International Defense Exhibition IDEX 2015.

HH visited a number of national and global companies’ pavilions, and expressed his admiration of the distinguished level and efforts made by national staff; and their contributions to organizing specialized international exhibitions.

HH also reviewed the specifications of various military machineries and equipment displayed by Saudi, German, Chinese, and Slovakian pavilions, among others.

Moreover, HH Sheikh Saif conversed with the exhibitors about the International Defense Exhibition which has proven success in becoming a world leader in the arena of international exhibitions, and one of the favored platforms amongst participating internat ... Read more »

More compute and storage in the cloud than on-premises by 2024 reveals Tata Communications’ global survey

LONDON - Thursday, February 26th 2015 [ME NewsWire]
(BUSINESS WIRE) -- Research conducted by Tata Communications, a leading provider of A New World of Communications™, has found that organisations with 500+ employees are seeing tangible benefits from cloud computing. 85% say cloud had lived up to industry hype, with 23% declaring that cloud had exceeded their expectations.
According to the global survey, this groundswell of positive opinion has been contributed to by enterprises experiencing tangible benefits when using cloud services – with 83% of enterprises feeling they have experienced benefits they did not expect to see. The most popular of these benefits cited by respondents were: increased productivity (69%), better access to data (65%), and reductions in costs (63%).
The findings also showed that by 2024 off-premises storage wi ... Read more »

NEW YORK - Wednesday, February 25th 2015 [ME NewsWire]

(BUSINESS WIRE)-- Duff & Phelps Corporation, the premier global valuation and corporate finance advisor, today announced that it has completed its previously announced acquisition of American Appraisal Associates, Inc., a global full-service valuation and fixed asset management advisor.

Noah Gottdiener, Duff & Phelps' Chief Executive Officer, said, “We are delighted to complete this transaction and to begin realizing the full promise of this acquisition. Through this combination we now have a valuation practice that spans every asset class, offered in dozens of markets around the world. We look forward to ensuring that our clients benefit from our unique positioning within the global valuation market."

The American Appraisal brand will transition to Duff & Phelps over the next year. American Appraisal’s Real Estate Advisory Group (“REAG”), which becomes a divis ... Read more »

ABU DHABI, United Arab Emirates - Monday, February 23rd 2015 [ME NewsWire]

A search and rescue airplane of the Abu Dhabi Police Air Wing Department, rescued a 37-years-old Asian man who suffered a fractured neck in an accident that took place on board of a ship four nautical miles away from the Emirate of Sharjah.

The Operations Room of the Sharjah Air Wing Section received a communication from the Central Operations of Sharjah Police reporting that an Asian man needs help in the open water.

Brigadier Pilot Ali Mohammed Al Mazroui, Director of the Air Wing Department at the General Secretariat of the Office of H.H Deputy Prime Minister and Minister of Interior pointed out that the search and rescue airplane took off immediately from the Air Wing Section in Sharjah to the incident site with a medical crew onboard. “It appeared that the ship does not have an airstrip for landing the aircraft, so the crew members resorted to their skills to rescue the inju ... Read more »

Quintiles’ Risk Mitigation Strategy Recognized in CSO50

RESEARCH TRIANGLE PARK, N.C - Thursday, February 26th 2015 [ME NewsWire]

(BUSINESS WIRE) -- Quintiles announced today that it has been named to the 2015 CSO50 by IDG's CSO magazine in recognition of the company’s risk mitigation strategy managing Windows XP security challenges.

CSO commended the Quintiles team for its innovative defense-in-depth model which minimized security risks for business-critical applications dependent on Windows XP, delivering secure and segmented platforms while protecting critical company assets.

“This was an innovative solution to a problem that presents significant security concerns for many organizations around the world,” said Quintiles Chief Information Security Officer Patricia Collins Weedon. “Quintiles has launched many innovative customer solutions that require our team to think beyond current cyber security, compliance, and da ... Read more »

LONDON - Wednesday, February 25th 2015 [ME NewsWire]

(BUSINESS WIRE)-- The GSMA today released a new report, “Accelerating the Digital Economy: Gender Diversity in the Telecommunications Sector”, which offers a snapshot of the gender balance within companies across the industry. Developed by A.T. Kearney1, the study aims to provide a baseline for workforce evolution, share best practices and support the industry in shaping workplaces that take full advantage of gender diversity.

“The rapidly evolving mobile industry is at the centre of the digital revolution and has a huge impact on social and economic advancement. To maintain this pace of growth and innovation, we need to match the requirements of our workforce with the opportunities ahead,” said Anne Bouverot, Director General, GSMA. “This report highlights the benefits of a balanced workforce, but also underscores that a gender gap still exists in our industry. Now is the time for the ... Read more »

Secures New Distributors in UK, Portugal, and Brazil; Strengthens Global Supply Chain in Estonia

ME NewsWire/Business Wire

HOUSTON - Wednesday, February 25th 2015

Lapolla Industries, Inc. (“Lapolla”) (OTCQB:LPAD), a Houston-based global supplier and manufacturer of spray polyurethane foam insulation, reflective roof coatings, and equipment designed to reduce energy consumption in the residential, industrial and commercial markets, today announced new distribution deals in key European and South American markets. The Company has secured new distributors in the United Kingdom, Portugal, and Brazil, and has strengthened supply chain capabilities in Estonia for service throughout the region.

This announcement follows Lapolla’s successful showings at the International Builder’s Show and Spray Foam Alliance Conference (SPFA), where home improvement expert Ty Pennington joined the Company to promote its FOAM-LOK 2000 4G Spray Foam Ins ... Read more »

Dubai, United Arab Emirates - Friday, February 27th 2015 [ME NewsWire]

(BUSINESS WIRE)-- Revenues from the rapidly growing Mobile Advertising industry seem exclusively reserved for OTT Publishers, leaving Telco’s perform the role of that of a Carrier only. AdVoice enables Mobile Operators monetize advertising inventory that is truly theirs.

One such channel is the otherwise unutilized ringback tone. By serving Audio Ads to calling parties, Mobile Operators tap into a global market that generates a potential 12 billion ad impressions daily. This is three times the number of internet searches.

AdVoice links advertisers up with a captive audience that listens to ads whilst waiting for the call to be picked up. “Serving ads over the ringback tone has a wider reach than any other medium” says Bassim Haidar, Group CEO of ChannelVAS, adding that “the advertiser benefits include measurability, no wastage and lead generating capabilities as cal ... Read more »

ABU DHABI, United Arab Emirates - Monday, February 23rd 2015 [ME NewsWire]

The Ministry of Interior (MoI), represented by the Law Respect Culture Bureau, launched the juveniles’ awareness program for the year 2015, in coordination with the Juveniles Care Center at Abu Dhabi Police GHQ.

Lieutenant Colonel Dr. Salah Obeid Al Ghoul, Director of Law Respect Culture Bureau, indicated that the program aims at instilling the law respect culture among juveniles and their parents. “It also aims at acquainting juveniles and their parents with the law respect culture, so as to be aware of their rights, obligations, and the good manners that every individual must have, in addition to good habits and proper behaviors needed to succeed in society,” he said.

He added: “The awareness-raising program for juveniles is a specialized program designed for the sake of a specific segment of society. It aims at raising the level of legal and social culture am ... Read more »

– Four types of feature descriptors achieve a night-time detection rate that matches the day-time recognition rate – 

TOKYO. - Saturday, February 28th 2015 [ME NewsWire]

ISSCC 2015

(BUSINESS WIRE) Toshiba Corporation (TOKYO:6502) today announced the development of TMPV7608XBG, an image recognition processor that provides high accuracy recognition and detection of vehicles and pedestrians at night. This sample shipment started in January. This performance is achieved with a device that can carry out 1.9 Tera operations per second (TOPS) and that integrates four new feature descriptors that make use of color-based image information. The development was announced at the 2015 IEEE International Solid-State Circuits Conference (ISSCC 2015) in San Francisco, California, on February 25.

High-performance processing performance, 1.9 TOPS at peak performance with 3.37 Watts power consumption by the image recognition engines (MPEs) and the accel ... Read more »