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    Benu Announces $27.7 Million Strategic Funding, and Hires Tech Veteran Dino Di Palma as CEO

    Benu Announces $27.7 Million Strategic Funding, and Hires Tech Veteran Dino Di Palma as CEOOctober 21, 2014

    Benu Networks, the innovative provider of networking and software solutions for network operators deploying Wi-Fi and Cloud services, announces strategic investors Liberty Global Ventures and Arris Group participate in Benu’s funding round of $27.7 Million. In addition, Benu announces the hiring of industry tech veteran ......

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    SC Lowy Celebrates Five Years of Independence with Record Trading Volumes

    SC Lowy Celebrates Five Years of Independence with Record Trading VolumesOctober 21, 2014

    SC Lowy, an independent fixed-income specialist with full investment bank capabilities, announced that today it celebrates five years of great success and robust growth in trading and investment banking. With trading volumes at US$5.4bn in 2014, it has become a market leader in secondary loan trading in Asia, the Middle East, and Australia, a top-ten Asian high-yield bond trader, and a successful entrant into DCM, with an expanding presence in Europe.


    “We have proved that a committed group of financial leaders can smash the barriers to entry presented by the bulge-bracket"...

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    ZTE Wins 30.77% Share of China Mobile Tender for High-Performance Routers

    ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, is pleased to be awarded 30.77% of China Mobile Group’s annual tender for high-performance routers, the second-highest allocation among all vendors.


    As a result of the tender, ZTE’s ZXR10 M6000-S broadband multi-service gateway will be qualified for deployment in China Mobile’s networks for services including 4G LTE, IP MAN networks, internet data centers,"...

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    Schlumberger Announces Third-Quarter 2014 Results

    Schlumberger Limited (NYSE:SLB) today reported third-quarter 2014 revenue of $12.6 billion versus $12.1 billion in the second quarter of 2014, and $11.6 billion in the third quarter of 2013. Third-quarter revenue was up 5% sequentially and increased 9% year-on-year with International Areas revenue of $8.3 billion growing $222 million, or 3% sequentially, while North America Area revenue of $4.3 billion increased $367 million, or 9% sequentially.


    Income from continuing operations attributable to Schlumberger was $1.9 billion—an increase of 8% sequentially and an"...

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    MENA M&A Market Prolonging Recovery

    Despite pausing in the past 3rd quarter, the MENA M&A market prolonged, during the first 9 months of the year 2014 (9m14), its recovery path initiated post-financial crisis and in the aftermath of the Arab Spring. The strengthening economic fundamentals, the amelioration in the risk profile of major regional countries, the governmental implementation of key business-friendly reforms are all stimulating factors for deal generation activity.


    While the total number of completed deals has been stabilizing at the low-end of its range since 2009, the announced value of"...

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    TAKELEAP Develops Revolutionary Virtual and Augmented Reality App

    Dubai-based creative digital agency TAKELEAP developed their latest innovation in Augmented Reality (AR) with its real estate app My Virtual Home, created and customized for the Sheikh Zayed Housing Program (SZHP).


    TAKELEAP created a highly enhanced AR technology with My Virtual Home app, offering a meticulous visualization of the architectural model of villas developed by the SZHP. My Virtual Home allows users to take a virtual tour of the houses by exploring all interior facets and details, as if physically present on location.


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