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Oct 19

CDIB Capital Group Appoints Mr. Angelo J.Y. Koo as Chairman to Lead Global Asset Management Business

CDIB Capital Group Appoints Mr. Angelo J.Y. Koo as Chairman to Lead Global Asset Management Business

China Development Financial (“CDF”, TWSE: 2883) announced in 2H19 investor conference that its subsidiary CDIB Capital Group (“CDIB”) has achieved NT$41.1bn in AUM of its private equity funds at end-September, successfully transforming its proprietary investment business into an asset management model. Recently, the CDIB Board has appointed Mr. Angelo J.Y. Koo as Chairman to lead CDIB towards a global asset management brand. CDIB has been focused on expanding global investment portfolio, the newly launched “CDIB Intelligence Partners Fund” as an example. On a projected scale of up to US$75mn, the fund is actively......

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Oct 19

Chinese tech firm Huawei to Donate Equipment to AURAK

Chinese tech firm Huawei to Donate Equipment to AURAK

Chinese tech giant Huawei is to donate equipment to the American University of Ras Al Khaimah (AURAK) to set up the first Huawei ICT Academy in the United Arab Emirates.

Representatives of Huawei visited the AURAK"...

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Oct 18

Concept Medical is Granted CE Certification for Their Sirolimus Coated MagicTouch Group of Products

Concept Medical is Granted CE Certification for Their Sirolimus Coated MagicTouch Group of Products

Concept Medical B.V. with its headquarters in Tampa, Florida has announced that on 16th October 2019, they have received the CE certification for their MagicTouch group of products. The CE certified products/brands are as listed below: MagicTouch – PTA (Sirolimus Coated PTA Balloon Catheter) for peripheral arterial disease MagicTouch – ED (Sirolimus Coated Balloon Catheter) for Erectile Dysfunction MagicTouch – AVF (Sirolimus Coated PTA Balloon Catheter) for Arterio-Venous Fistula and Graft MagicTouch – PTA is the only commercially available and CE certified Sirolimus coated balloon catheter for peripheral arterial......

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Oct 18

Historic Conrad Hilton Bel-Air Estate Hits Market for $225 Million

Historic Conrad Hilton Bel-Air Estate Hits Market for $225 Million

The Conrad Hilton estate, Casa Encantada, has come on the market for the first time in decades since it was built in 1938. It is rich in history having been built in the midst of the heyday of old Hollywood. Louis B. Mayer and Jack Warner were bringing sound to motion pictures and stars Greta"...

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Oct 18

PTC Launches Global Event Series with FT Live to Help Industrial Enterprises Embrace Digital Transformation

PTC Launches Global Event Series with FT Live to Help Industrial Enterprises Embrace Digital Transformation

PTC (NASDAQ: PTC) today announced the launch of Digital Transformation: The New Reality World Tour, a new event program that extends the excitement of the annual PTC LiveWorx® event. The new event program features the debut of the FT-PTC Future of Industrial Innovation Global Series, produced with FT Live, the global events arm of the Financial Times. As a component of The New Reality World Tour program, this insightful series will empower leaders of industrial companies to achieve success with their digital transformation strategies. According to McKinsey & Company, more than 70% of large-scale digital transformation efforts are likely......

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Oct 18

Andersen Global Expands in India With Membership of Nangia Andersen LLP

Andersen Global Expands in India With Membership of Nangia Andersen LLP

Andersen Global continues to expand its footprint in the East, announcing the addition of a new member firm in India, Nangia Andersen LLP.

Andersen Global debuted in India over a year ago when Nangia Advisors LLP"...

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Oct 17

Zooming luxury cars expose a two-speed China

Zooming luxury cars expose a two-speed China

Luxury cars in China are pointing to economic hazards ahead. Mercedes-Benz, BMW and peers notched up healthy revenue growth in the country during the third quarter. The wider industry, meanwhile, is suffering: data released on Monday showed a 6.3 per cent drop in September sales compared"...

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Oct 17

Insurance profits grow by 14 percent

Insurance profits grow by 14 percent

The combined net profit of insurance companies increased by 14 percent to $174.1 million in 2018 compared with the previous year, according to the Insurance Control Commission (ICC)’s annual report for 2018.

The jump in profits was driven by a one percent increase in written"...

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Oct 17

Gemayel calls for investigation committee following wildfires

Gemayel calls for investigation committee following wildfires

NNA - MP Sami Gemayel on Wednesday upped calls to form a parliamentary investigation committee to determine responsibilities following a series of wildfires that had been engulfing Lebanon for the past days.

'Today"...

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Oct 17

How Saudi Arabia is leading Middle East’s fight against breast cancer

How Saudi Arabia is leading Middle East’s fight against breast cancer

ABU DHABI: Cancer of the breast remains the most common form of the disease among women despite major advances in treatment coupled with improved screening and awareness campaigns.

Rates of the disease are increasing"...

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