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 International Investors that executed more than $300 Trillion in Notional Value in transactions during the damage period have entered into participation agreements supporting the initiative of the Foundation.

In this Initial Filing, UBS, Rabobank, Lloyds and ICAP Have Been Named as Defendants in District Court in Amsterdam, the Netherlands.

Eligible Market Participants May Participate At No Up-Front Cost by Registering a Claim With ELCO Investor Services.

 

AMSTERDAM-Thursday, December 21st 2017 [ AETOS Wire ]

(BUSINESS WIRE) -- Stichting ELCO Foundation, a Dutch foundation, has filed a lawsuit in Dutch Court on behalf of institutional investors who executed more than $300 trillion in notional transaction value and who suffered losses in connection with alleged manipulation of LIBOR, EURIBOR and TIBOR interest rates during the period of 1 January 2001 until 30 June 2011.

On behalf of eligible market participants, the Foundat ... Read more »

Views: 191 | Added by: uaeonlinenews | Date: 12.22.2017 | Comments (0)

Dubai, United Arab Emirates.-Thursday, December 21st 2017 [ AETOS Wire ]

Dubai Healthcare Authority, DHA has placed itself firmly at the forefront of the global transformation of Telemedicine to a one of a kind “24-7 Population Health Management” Program with the launch of a pilot partnership between DHA, UAE-telecom provider Etisalat and Mobile Doctors 24-7.

Customer experience starts with an integrated and interactive mobile application, a 24-7 Control Center staffed with Family Medicine Specialists, Pediatricians, Psychiatrists, Pharmacists, Wellness Advisors, Case Managers, Virtual Clinic for office, remote areas and home and Hospital at Home Program licensed by Johns Hopkins University which includes 24-7 Tele-monitoring to serve healthy, acute and chronic conditions.

Mobile Doctors 24-7 follows NHS’s International Guidelines and Hospital at Home Guidelines.

Dr. Haider, CEO of Health Funding, said: “Changing people's b ... Read more »

Views: 141 | Added by: uaeonlinenews | Date: 12.22.2017 | Comments (0)

NEW YORK-Thursday, December 21st 2017 [ AETOS Wire ]

(BUSINESS WIRE) -- Moody’s Analytics has been named Technology Vendor of the Year in the 2018 Risk Awards. This award reflects how our solutions help banking and insurance professionals around the globe leverage new technologies to work more efficiently and make smarter business decisions.

“We’re honored to be named Technology Vendor of the Year by Risk,” said Steve Tulenko, Executive Director at Moody’s Analytics. “The transformation to a digitized world is both a great opportunity and a challenge for the industry. To support our customers, we have invested in building a technology stack that helps them modernize and lower their cost of ownership. Winning Technology Vendor of the Year validates our strategy and affirms the breadth and quality of our solutions.”

Financial services firms are innovating to keep pace with their customers’ evolving needs. Dramatic ... Read more »

Views: 154 | Added by: uaeonlinenews | Date: 12.22.2017

Timor Telecom leverages synergies between SES’s GEO and O3b MEO satellite networks to fulfill residents’ wide-ranging connectivity needs


LUXEMBOURG-Monday, December 18th 2017 [ AETOS Wire ]

(BUSINESS WIRE)--Timor Telecom (TT), the largest telecommunications operator in Timor-Leste, has expanded its partnership with SES Networks to enable international voice traffic between Timor-Leste and the rest of the world, SES announced today.

Under the new agreement, TT will contract capacity on the high-powered NSS-12 geostationary earth orbit (GEO) satellite to establish a point-to-point link connecting Dili, Timor with Sintra, Portugal.

Today, residents of Timor-Leste benefit from high speed 4G/LTE mobile data and broadband services provided by TT, which are powered by SES’s O3b medium earth orbit (MEO) satellite network. With its capacity uptake on NSS-12, TT will broaden its suite of services with the carriage of international voice ... Read more »

Views: 160 | Added by: uaeonlinenews | Date: 12.21.2017

Dubai ,United Arab Emirates-Wednesday, December 20th 2017 [ AETOS Wire ]

United Arab Emirates-based NMC Healthcare has $800 million (Dh2.94 billion) available to start investing in 2018 in the Gulf and other markets, its chief executive told Reuters in an interview.

The London-listed firm, which is among the beneficiaries from recent growth in the Gulf’s health care sector, plans to acquire hospitals and other facilities, as well as smaller investments in In-Vitro Fertilisation (IVF) facilities in Europe, said Prasanth Manghat.

“We have an $800 million warchest available to us and see a lot of assets in the market that make sense for us,” said Manghat. “If you look at health care, there’s a shortage of quality of assets and from a usage point of view there’s a lot of assets.”

The company’s main business has historically been within the UAE, where it has both built and acquired hospitals, including the ac ... Read more »

Views: 164 | Added by: uaeonlinenews | Date: 12.21.2017

GOTHENBURG, Sweden -Wednesday, December 20th 2017 [ AETOS Wire ]

(BUSINESS WIRE)-- Mentice boosts its US development presence and adds a clinical training service line with the acquisition of Medical Simulation Corporation's (MSC) Medical Products division. Mentice is the global leader of simulation-based performance solutions for endovascular therapies.

Under the agreement, Mentice will acquire the assets of the MSC’s Medical Products division in a share based transaction.

“With this transaction Mentice gains a very experienced US-based development organization, supporting our North American customers along with a portfolio of solutions that will be leveraged in the Mentice VIST® product line,” says Goran Malmberg, CEO of Mentice. “Furthermore, we are adding clinical training services, providing our clients with an even wider choice of offerings. I believe this will greatly benefit both our current and new customers, clearly d ... Read more »

Views: 154 | Added by: uaeonlinenews | Date: 12.21.2017 | Comments (0)

 Modifies Management Committee Composition; Hires Alexia Gottschalch as Global Head of Client Strategy

NEW YORK -Wednesday, December 20th 2017 [ AETOS Wire ]

(BUSINESS WIRE)-- Rockwood Capital, LLC (“Rockwood”), a private real estate investment management firm, today announced that Peter Falco, Senior Managing Partner and a co-founder, will transition to the role of Senior Strategic Advisor beginning in January 2018. Consistent with the firm’s succession planning, Walter Schmidt, Senior Managing Partner and a co-founder, Tyson Skillings, Managing Partner, and Peter Kaye, Managing Partner, the other current members of the firm’s Management Committee, will remain in their current management roles with the continued support of the firm’s other partners: Bob Gray, a co-founder, David Becker, Tony Lariño and David Streicher. Messrs. Schmidt, Skillings and Kaye have been with Rockwood, including its predecessors, for 31, 15, and 15 years, ... Read more »

Views: 216 | Added by: uaeonlinenews | Date: 12.21.2017 | Comments (0)

Abu Dhabi, United Arab Emirates.-Monday, December 18th 2017 [ AETOS Wire ]

The UAE hosted the 4th Forum for Promoting Peace in Muslim Societies during 11-13 December 2017, under the Patronage of HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation. Under the theme ‘Global Peace and the Fear of Islam: Countering the Spread of Extremism’, the ground-breaking event founded by H.E Shaykh Abdallah Bin Bayyah, President of the Forum, was held at St. Regis Hotel, Abu Dhabi Corniche, and attended by high-level officials and an elite group of scholars, intellectuals and religious leaders of different faiths.

The Forum discussed four main topics namely; Religion, Identity and World Peace; Islam and the World; Islam and the World: Ways to Rapprochement and Solidarity; and Fear of Islam: Causes and Contexts.

The opening session included keynote speeches by H.E Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolera ... Read more »

Views: 152 | Added by: uaeonlinenews | Date: 12.21.2017 | Comments (0)

NEW YORK -Wednesday, December 20th 2017 [ AETOS Wire ]

(BUSINESS WIRE)-- Starr Companies today announced the appointment of Ambassador Jose L. Cuisia, Jr. as chairman of Starr International Insurance Philippines Branch, a branch of Starr International Insurance (Asia) Limited, a company established and licensed to write general insurance in Hong Kong. Ambassador Cuisia will be working with local management for the strategic development and growth of the branch and other Starr entities for rapid growth in the region.

“Joey has had a long and distinguished career in both business and public service, including building Philam Life into the largest and most successful life insurer in the Philippines and serving as Ambassador to the country. We have been great friends and colleagues for a very long time and it is wonderful to work with him again at Starr.” stated Maurice R. Greenberg, chairman, Starr Companies.

As Ambassador of the Republic of the Phil ... Read more »

Views: 158 | Added by: uaeonlinenews | Date: 12.20.2017 | Comments (0)

Dubai, United Arab Emirates -Tuesday, December 19th 2017 [ AETOS Wire ]

Dubai Aerospace Enterprise (DAE) Ltd. has announced that its leasing division, DAE Capital and Yunnan Hongtu Airlines (“Hongtu”) of China have today completed a lease agreement for two new Airbus A320-200 aircraft. These modern, fuel efficient planes will be delivered in 2018 and are part of a direct order DAE has with Airbus. The aircraft will come equipped with CFM 56-5B4/3 PIP engines.

This latest addition to the Hongtu A320 family fleet will assist the carrier as it looks to capitalize on China’s increasing domestic demand for leisure and business air travel, offering a high-end, customized service to its passengers. Hongtu currently has a fleet of three Airbus A320 family aircraft and operates flights to 10 domestic destinations.

Commenting on the deal, DAE Chief Executive Officer, Firoz Tarapore said: “DAE is pleased to welcome on board one of China’s y ... Read more »

Views: 167 | Added by: uaeonlinenews | Date: 12.20.2017

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