finance & economy

April 28, 2013

As part of this strategy, it has selected Guggenheim Fund Solutions (GFS) as its partner to provide clients with an innovative platform that combines carefully selected hedge fund managers with a modern solution that delivers the transparency, governance, and structural risk mitigation required by investors.

UBP will utilize its extensive hedge fund investing experience to identify, select and monitor performing managers that operate on the GFS managed account platform.

Fourteen accounts have been launched and UBP plans to have thirty operating by year end.

UBP selected Guggenheim because of its experience operating managed accounts across the full spectrum of hedge fund strategies, which it has done for more than a decade.

GFS client portal technology delivers...

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April 26, 2013

Citi Securities and Fund Services has entered in to a definitive agreement to acquire ING’s custody and securities services business in seven Central and Eastern European (“CEE”) markets currently representing €110 billion in assets under custody. ING is a premier provider of custody services in CEE, offering services to many of the world's largest financial institutions.


The transaction, which is subject to regulatory approval and clearances, includes ING’s local custody and securities services businesses in Bulgaria, the Czech Republic, Hungary,"...

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April 26, 2013

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” of Orient Insurance Company (PJSC) (Orient) (United Arab Emirates). The outlook for both ratings is stable.


The ratings reflect Orient’s supportive level of risk-adjusted capitalisation, solid business profile within the UAE and robust operating performance. An offsetting factor is Orient’s concentrated investment profile.


...

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April 26, 2013

Under the presidency of Clara Gaymard, GE International and Vice President & CEO, GE France, the 11th edition of the World Investment Conference Europe (WIC Europe) moves to Strasbourg from June 19 to 21, 2013, at Palais de la Musique et des Congrès.

Each year and for three days, the international event brings together select 500 corporate and political leaders, as well as experts from around the world, to discuss the themes of European attractiveness and competitiveness.


How can Europe invent in order to innovate, build and share the models of tomorrow's"...

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April 26, 2013

Amonix Inc., the leading designer and manufacturer of concentrator photovoltaic (CPV) solar power systems, announced today that it has successfully converted more than 36% of direct sunlight into electricity. A module showcasing Amonix’s latest-generation CPV technology has been in outdoor testing from late February to April of this year. During this period, the Amonix module demonstrated a peak operating efficiency of 36.2% measured on March 14, 2013 with a DNI of 876 W/m2, an ambient temperature of 16°C and instantaneous wind speed of 1 m/s, breaking the previous 34.2% peak efficiency set by Amonix in May 2012.


Over"...

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April 26, 2013

Key Takeaways:

  • Pure IP selected Sonus as its sole session border controller provider for SIP trunking deployments in Microsoft Lync environments
  • Pure IP was the first United Kingdom-based provider to obtain updated SIP trunking qualification for Microsoft Lync 2013
  • Pure IP has successfully deployed more than 80 Microsoft Lync SIP trunking solutions in multiple countries, either directly or via supporting key partners
  • As enterprise Unified Communications grows, session border controllers will be critical in helping companies realize interoperability, service quality and security required when implementing multi-vendor Internet Protocol networks
  • The Sonus SBC portfolio provides"...

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April 25, 2013

ADQF aims to serve as an innovative networking platform for government leaders, regulators and heads of industry, as well as international and regional experts to enhance the emirate of Abu Dhabi's quality infrastructure and position it as a leading quality and conformity hub.

The event will witness 54 prominent national industry experts, as well as 25 regional and global speakers deliberating on key quality prerequisites to aid the development of a diversified, sustainable economy in Abu Dhabi, which is underpinned by its resilient industrial fabric.

His Excellency Hussain Salem Al Katheeri, Secretary General, QCC, said: "As a council of regulators and industry, QCC's strategy is aligned with the objectives of Abu Dhabi Economic Vision 2030. These objectives require coordinated...

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April 25, 2013

This is yet another clear sign of the full recovery of the show, which enjoys the support and will see the participation of the Government of Dubai Land Department. The IPS is sponsored by Diamond Developers, Damac and Falcon City of Wonders as the event's strategic partner.

The three-day IPS 2013 will be hosted at the Dubai International Convention and Exhibition Centre (DICEC). It is held in parallel with the third session of the Annual Investment Meeting (AIM), which is held under the patronage of His Highness (HH) Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, and hosted by the Ministry of Economy at the DICEC. The AIM is sponsored by Emaar Properties and organized by Strategic Marketing and Exhibition.

The IPS will see dozens...

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April 25, 2013

  • Revenue up +9% at constant exchange rates, growing in all segments
  • Double-digit revenue increases in Secure Transactions and in Security
  • Excellent performance of Platforms & Services, up +29% at constant exchange rates

Revenue figures in this document are for ongoing operations1 and variations are at constant exchange rates except where otherwise noted. Revenue figures including contribution of assets held for sale and variations at historical rates are provided in the appendix of this document. All figures presented in this press release are unaudited.


Regulatory"...

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April 24, 2013

Dreambox is responding to the growing demand for hosted services in the UAE - now to include voice and social interaction.

The solution, known as C3 (Cloud Contact Centre), is based on a combination of world-class technologies from IP telephony to deep data analytics.

Dreambox aims to empower SMEs in the UAE to better service their customers, improve agent performance and reduce operational costs.

Dreambox is empowering SMEs to deliver a better user experience through it's SaaS (Solution as a Service) suite of products and aims to expand more services in the near future. The C3 solution currently delivers leading solutions such as power dialer, integrated skills based routing, chat, email/SMS, Voice Biometrics, Video, Enhanced Social interactions, Personlised Voice...

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