Tuesday, January 29, 2019

Gemalto to Produce Secure and Innovative Healthcare Cards for Quebec

AMSTERDAM-Tuesday 29 January 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Gemalto (Euronext NL0000400653 - GTO), the world leader in digital security, and the Société de l'assurance automobile du Québec (SAAQ) have been chosen to produce secure and innovative health insurance cards for the Régie de l'assurance maladie du Québec (RAMQ). RAMQ delivers 2.3 million healthcare cards to citizens, and the SAAQ provides 1.7 million driver’s license and identity cards through production with Gemalto.

Optimizing government services across industries

By choosing the SAAQ and its existing contract with Gemalto, the Quebec healthcare authorities can avoid duplication and promote sharing of expertise between agencies. The province can also leverage the existing infrastructure and issue both healthcare cards and driver’s licenses at the same time, maximizing cost savings and ensuring quicker delivery to their citizens.

A focus on security and convenience for Quebec’s citizens

Gemalto’s secure card will be the first of its kind to undergo embossing and laser engraving at the same time. Combined with a cutting-edge card body with built-in security features, this process greatly improves the reliability of Quebec’s healthcare card. Gemalto also provides the full implementation and maintenance of SAAQ's personalization infrastructure. This enables the SAAQ and RAMQ to offer Quebec citizens a seamless and speedy renewal service when obtaining their new driver's license and healthcare card.

“The unique opportunity to provide both healthcare cards and driver’s licenses is perfectly suited to Gemalto’s expertise with over twenty years of issuing secure documents. Being the first to emboss and engrave at the same time provides more options to our customers who have legacy infrastructures for validation and allows us to provide a lower risk of fraud and stronger, longer lasting cards to residents”

Steve Purdy, vice president of State and Provincial Government Programs, Gemalto
About Gemalto

Gemalto (Euronext NL0000400653 GTO) is the global leader in digital security, with 2017 annual revenues of €3 billion and customers in over 180 countries. We bring trust to an increasingly connected world.

From secure software to biometrics and encryption, our technologies and services enable businesses and governments to authenticate identities and protect data so they stay safe and enable services in personal devices, connected objects, the cloud and in between.

Gemalto’s solutions are at the heart of modern life, from payment to enterprise security and the internet of things. We authenticate people, transactions and objects, encrypt data and create value for software – enabling our clients to deliver secure digital services for billions of individuals and things.

Our 15,000 employees operate out of 114 offices, 40 personalization and data centers, and 35 research and software development centers located in 47 countries.

For more information visit www.gemalto.com, or follow @gemalto on Twitter.

Contacts
Gemalto media contacts:
Tauri Cox
North America
+1 512 257 3916
tauri.cox@gemalto.com

Sophie Dombres
Europe Middle East & Africa
+33 4 42 36 57 38
sophie.dombres@gemalto.com

Piyush Prakash
Asia Pacific
+91 11 6623 1200
piyush.prakash@gemalto.com

Alexis Camarillo
Latin America
+52 5521223627
alexis.camarillo@gemalto.com




Permalink : https://www.aetoswire.com/news/gemalto-to-produce-secure-and-innovative-healthcare-cards-for-quebec/en

TruDoc 24x7 showcases its Virtual Clinic at Arab Health

The company aims to provide real healthcare solutions

DUBAI, United Arab Emirates-Tuesday 29 January 2019 [ AETOS Wire ]

TruDoc 24x7, the MENA’s leading 24x7 Population Health Management Provider, participated at this year’s Arab Health, which took place at the Dubai World Trade Centre, from 28 - 31 January, to showcase their new 24x7 Population Health Management Solution including the 24x7 Virtual Clinic Booth, which allows patients to connect with full-time licensed doctors for reliable medical advice.

The current health care market has reached unmanageable levels, where unnecessary over utilization has led to perpetual increase of medical insurance premiums. In addition to the financial impact, there are serious potential clinical damages due to unnecessary clinical procedures and or medications.

“TruDoc 24x7’s aims to align consumers/employees and payers/employers by having full time doctors who are paid a salary with no incentives and who tell patients what they need not what they can afford through NHS International Guidelines” added Raouf Khalil, CEO & Founder of TruDoc24x7.

After realizing that, in healthcare, virtual services alone aren’t enough to change consumer behavior, TruDoc 24x7 transitioned from its previously recognized brand of Mobile Doctors 24-7, which was a basic telemedicine provider to a comprehensive 24x7 Population Health Management company. This new strategy and whole gamut of entry point solutions has allowed the company stratify its members and ensure they are directed to appropriate level of care as well as avoid unnecessary overutilization, thus achieving the appropriate balance between quality and cost, as it has been concluded that $40 billion of Arab world’s spending on healthcare is wasted.’

According to the American Medical Association ‘70% of non-life-threatening conditions could be resolved by speaking to a doctor over the phone. TruDoc’s 24x7 Population Health Management (PHM) Solution provides members with 24x7 access to comprehensive service solutions for healthy, acute or chronic conditions, whilst they are travelling via its mobile application, at the office through an on-site Virtual Clinic Booths, or at home via a Hospital at Home Program including 24x7 telemonitoring.

The company also provide Chronic Disease Management Programmes for conditions like Diabetes, Hypertension, Hyperlipidemia and Lower Back Pain to name a few along with second opinion service from medical consultants and experts recognized in their fields globally. The company’s PHM ensures the alignment of consumers/employees and payers/employers by informing patients the truth about what they need not what they can afford in accordance to international guidelines. TruDoc 24x7’s doctors are paid a flat salary with no incentives. This is truly a concierge service that actually saves money and ensures the right balance between quality and cost. In addition, TruDoc 24x7 shares the clinical and financial outcome reports along with utilization trends and analytical recommendations for increasing Return on Investment

Contacts

SAHARA Communications

Noor Abdelhafez, Account Executive, +97143298996, +971506946519
n.hafiz@saharapr.com / www.saharagcc.com



Permalink : https://www.aetoswire.com/news/trudoc-24x7-showcases-its-virtual-clinic-at-arab-health/en

First Time In Dubai - New Medical Procedure to Increase Muscle Density By 19 Percent and Reduce Fat By 16 Percent

 EMSCULPT - the body sculpting procedure simulate the effects of 20,000 sit-ups in 30 minutes.

Dubai, United Arab Emirates-Tuesday 29 January 2019 [ AETOS Wire ]

Weight gain is a serious problem in the UAE. While luxurious and sedentary lifestyle are the key factors that drive this condition, EMSCULPT – a body sculpting procedure is being recommended by medical experts to decrease fat thickness and increase muscle density which is now available for the 1st time in Dubai.

A lot of clinical studies for EMSCULPT reported an average 19 percent reduction in fat and a 16 percent increase in muscle mass for the treated area. The study further suggested that the machine uses high-intensity focused electromagnetic technology, which produce high-intensity muscle contractions meant to simulate the effects of 20,000 sit-ups in 30 minutes.

Michael Davis, COO NMC Healthcare, said, “We’re here to let everyone know that as a company, NMC is committed to CosmeSurge and we’re dedicated to the field of aesthetic care. We hold a firm belief that the cosmetics industry in the UAE is something that can only get better and stronger with time. Utilising technology such as EMSCULPT, we intend to continuously provide our customers with safest and the latest the industry has to offer. Our goal is to ensure that the residents of the UAE have access to the best, and can be rest assured that CosmeSurge will surely be at the forefront of bringing innovative technologies witnessed in LA, New York, Paris or London. Bringing EMSCULPT to Dubai is an example of us keeping our commitment to this promise.”

EMSCULPT is a new approach to body shaping category, and is the first and only non-invasive body sculpting procedure for men and women that treat fat and build muscles. It creates a unique electromagnetic field that penetrates the skin to impact the muscle tissue as well as fat.

“Weight gain is a major problem in the UAE and can result in complications, paving way for critical illnesses. Despite the intense workouts at gym, there are certain areas that leave the fat untouched. As such, several patients are opting for EMSCULPT that make them feel stronger and happier” said Lea Debian, Nutritionist of CosmeSurge.

EMSCULPT builds and strengthens muscles and burns belly fat without the time-consuming struggle of exercise. Being the world’s only non-invasive procedure, the technique is not only easy and comfortable, but also requires no recovery time, anaesthesia or needles. While the standard procedure lasts for just 30-minutes, four treatments over a two-week period are recommended, patients generally experience improvement in their body right after the treatment, which continues to improve for several weeks following the treatments.

“While EMSCULPT can be used by any type of patient, the treatment is ideal for women wanting to shed the post-pregnancy fat, or men who have bulging tummies and yet find it difficult to exercise on a daily basis. The supramaximal muscle contractions that EMSCULPT offers is something that can’t be achieved at the gym, which encourages several men and women to undertake this procedure to build muscles,” added Lea.

EMSCULPT is an outstanding treatment procedure for someone who is committed to improving their health. As the procedure offers 92 to 95 percent muscle contraction, it’s a good incentive to maintain good health and wade off illnesses.

About CosmeSurge

Founded in 2002, CosmeSurge is one of the region’s most trusted brands for cosmetic and aesthetic procedures. It offers modern, high quality dermatology and plastic surgery treatments, in addition to dentistry services at fourteen clinics located all across the GCC. In the UAE, CosmeSurge’s clinics are located at Dubai, Sharjah, Abu Dhabi, Al Ain, Ras Al Khaimah, and Fujairah. Outside the UAE, the clinic has its presence across Oman-Muscat, as well as on London’s Harley Street. Continuing its expansion, CosmeSurge aims to forge partnerships with leading experts in Los Angeles and other overseas cities.

While each clinic is staffed with highly qualified plastic surgeons, dermatologists and aestheticians, the state-of-the-art facilities at CosmeSurge provides over sixty cosmetic treatments for different areas of the body.

Contacts

SAHARA Management Consultancy

Maria Tayem, Senior Account Manager, +971501714347, +97143298996
m.tayem@saharapr.com / www.saharagcc.com



Permalink : https://www.aetoswire.com/news/first-time-in-dubai-new-medical-procedure-to-increase-muscle-density-by-19-percent-and-reduce-fat-by-16-percent/en

Yokogawa Wins a Control System Order for the Provisur Seawater Desalination Project in Peru

–Ensuring a stable supply of water and protecting the environment in South America–

TOKYO-Tuesday 29 January 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Yokogawa Electric Corporation (TOKYO:6841) announces that the Peru branch of Yokogawa América do Sul (a Yokogawa Electric Corporation subsidiary) has received a control system order from Técnicas de Desalinización de Aguas, S.A. (Tedagua)*1 for a water desalination plant and associated facilities that it is building for Servicio de Agua Potable y Alcantarillado de Lima S.A. (SEDAPAL) in the Santa Maria district of Lima, the capital of Peru.

With the Provisur seawater desalination project, Peru’s first reverse osmosis*2 desalination plant is being constructed to supply 35,000 m3 of potable water per day to the 100,000 residents of the Santa Maria district. Water distribution and sewer pipelines (total length: 260 km), a sewage treatment plant (daily capacity: 15,500 m3), and an undersea pipeline (780 m) for the discharge of treated water are also being built. Part of the treated water will be used for watering plants in the local area. Expectations are high for this project because Lima and other coastal areas in Peru have a desert climate that gets very little rain throughout the year.

Yokogawa will deliver the CENTUMTM VP integrated production control system, STARDOMTM FCN-500 network-based control system, and other solutions for monitoring and controlling the project’s desalination plant, sewage treatment plant, water distribution pipelines, sewer pipelines, and undersea pipeline. Both CENTUM VP and STARDOM FCN-500 are solutions in Yokogawa’s OpreXTM Control and Safety System family. The Peru branch of Yokogawa América do Sul will have overall responsibility for executing the systems side of this project, including engineering and commissioning. Delivery is scheduled for April and the plant is to start operation in June 2019.

To “ensure availability and sustainable management of water and sanitation for all” is one of the 17 sustainable development goals (SDGs) for the year 2030 that were adopted by the United Nations Sustainable Development Summit. There are urgent needs around the world to achieve high availability for water supply and water treatment systems. Yokogawa will leverage its know-how and solid track record in executing water supply and water treatment projects in Japan and desalination projects outside Japan to provide solutions that will ensure a stable supply of water and protect the environment in South America and other regions.

*1: A major engineering, procurement, and construction (EPC) company specializing in desalination plants. They are a group company of ACS, a major construction company in Spain.
*2: A method by which seawater is passed through a special membrane to remove salinity and produce fresh water

For more information


Industries -Water & Wastewater-
https://www.yokogawa.com/industries/water-wastewater/
Our Approach to Sustainability
https://www.yokogawa.com/about/sustainability/policy/
Yokogawa Joins Global 100 Most Sustainable Corporations in the World Index
https://www.yokogawa.com/pr/news/2019/pr-news-2019-0123-en.htm


About Yokogawa

Founded in 1915, Yokogawa engages in broad-ranging activities in the areas of measurement, control, and information. The industrial automation business provides vital products, services, and solutions to a diverse range of process industries including oil, chemicals, natural gas, power, iron and steel, and pulp and paper. With the life innovation business the company aims to radically improve productivity across the pharmaceutical and food industry value chains. The test & measurement, aviation, and other businesses continue to provide essential instruments and equipment with industry-leading precision and reliability. Yokogawa co-innovates with its customers through a global network of 113 companies spanning 61 countries, generating US$3.8 billion in sales in FY2017. For more information, please visit www.yokogawa.com

The names of corporations, organizations, products, services and logos herein are either registered trademarks or trademarks of Yokogawa Electric Corporation or their respective holders.


Contacts


Yokogawa Electric Corporation
Public Relations, Integrated Communications Center
Yokogawa-pr@cs.jp.yokogawa.com


Permalink : https://www.aetoswire.com/news/yokogawa-wins-a-control-system-order-for-the-provisur-seawater-desalination-project-in-peru/en

Corsair Infrastructure Partners Announces Transaction Involving DP World Australia

 CIP-managed Gateway fund sells investment in DPWA to DP World and new investment funds managed by CIP



NEW YORK -Friday 25 January 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Corsair Infrastructure Partners (“CIP”), the global infrastructure investment business of Corsair Capital (“Corsair”), today announced that Gateway Infrastructure Investments (“Gateway”), an investment fund managed by CIP, as well as several other financial investors, have entered into agreements to sell their entire stakes in DP World Australia (Holding) Pty Ltd (“DPWA”) to DP World and new investment funds managed by CIP. The closing of the transaction is subject to regulatory approvals.

As a result of this transaction, DP World, the original corporate parent of DPWA, will hold a majority stake in the company, alongside a substantial minority investment by CIP-managed funds.

Hari R. Rajan, Managing Director of Corsair and Head of CIP, said, “We are pleased to have achieved the exit of Gateway’s investment in DPWA, while maintaining our strong relationship with DP World through our continued management of a large investment in the company. We believe this new shareholder structure will further leverage the global capabilities of DP World and support the continued growth and development of DPWA’s container terminal and other businesses.”

About DP World Australia

DP World Australia is the leading container terminal stevedore in Australia, operating in Melbourne, Sydney, Brisbane and Fremantle. The company provides a critical link in the supply chain and focuses on providing excellent service to shipping lines, importers, exporters and the broader community, while continuing to strengthen relationships with governments, port landlords and other important stakeholders.

About Corsair Capital and Corsair Infrastructure Partners

Founded in 1992, Corsair Capital is a leading global specialist investor. Corsair has a highly regarded private equity platform that has invested in substantially all of the subsectors of the financial services industry including wealth & asset management, payments & financial technology, services, insurance and banking & specialty finance. Since inception, the firm has led or co-led $8 billion of private equity investments. The firm also has a global infrastructure equity sponsorship and investment management business, Corsair Infrastructure Partners, which was established in 2015 and manages a $2.9 billion infrastructure fund. More information on Corsair Infrastructure Partners can be found at www.corsair-infrastructure.com.





View source version on businesswire.com: https://www.businesswire.com/news/home/20190122006038/en/

Contacts

Media:
Sard Verbinnen & Co
Matt Benson / Dave Millar / Danya Al-Qattan, +1 212-687-8080
Conrad Harrington, +44 20 7467 1050


Permalink : https://www.aetoswire.com/news/corsair-infrastructure-partners-announces-transaction-involving-dp-world-australia/en

Monday, January 28, 2019

‘Sovereign Equity’ Launched as a Solution to Sovereign Debt and Financial Inequality in Davos Debate



LONDON-Monday 28 January 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- With the need to address entrenched inequalities firmly on the ‘Globalization 4.0’ agenda, investment migration advisory firm Henley & Partners launched the concept of ‘sovereign equity’ in Davos this week.

Sovereign equity is a means for governments to achieve fiscal balance and economic growth without increasing their debt — meaningfully addressing the growing imbalances and inequalities inherent to traditional sovereign debt financing by engaging with the global community of high-net-worth investors.

In a multi-stakeholder public discussion in Davos that brought together government heads and ministers, leading academics, and renowned experts, panelists considered the transformative effects that well-regulated investment migration programs have on the economy and society at large, supporting growth and creating employment opportunities.

Explaining the potential for sovereign equity to bring about a fundamental change in sovereign funding, foreign direct investment, and government spending, Dr. Christian H. Kälin, Group Chairman of Henley & Partners, said: “Sovereign equity is both self-evident and revolutionary. The 2008 financial crisis and its continuing aftermath makes it evident that constantly increasing sovereign debt is not a sustainable solution. In particular, sovereign states without abundant natural resources or the ability to raise significant revenue from taxation must find an alternative – one that will allow them to compete in global markets and avoid the dangerous levels of debt that are serious threats to their economies and societies.”

Dr. Kälin added that “well-managed investment migration programs help drive non-debt liquidity into countries, in addition to attracting significant foreign direct investment as well as valuable skills and experience. This combination – launched in Davos as the concept of ‘sovereign equity’ – can create fiscal independence and opportunities for a society at every level, which also benefits the international community.”

Speaking about the positive impact that Antigua and Barbuda’s citizenship-by-investment program has on the country, the Hon. Gaston Browne, Prime Minister of Antigua & Barbuda, said the program constitutes 15% of the Treasury’s annual revenue. “Sovereign equity is about investors ‘buying into’ Antigua. It has helped us pay off our IMF debt in full, develop multiple industries that create employment opportunities for our citizens, and make strategic investments that will benefit everyone on our islands — be that through infrastructure or pensions provision.”

Similarly, the Hon. Prof. Edward Scicluna, Malta’s Minister of Finance, commented that investment migration programs have had a profound impact on his country, pointing out that just four years after the launch of the Malta Individual Investor program (IIP), Malta had one of the highest GDP growth rates and one of the lowest unemployment rates of any EU member state. “Our economy has proved remarkably strong, to the point where we have a budget surplus with or without the IIP. For us, sovereign equity is as much about the global skills and experience that are invested in Malta and that create significant value. The capital raised through sovereign equity allows us to make strategic investments that will enhance the lives of Maltese citizens for many years to come.”

Following the discussions held in Davos this week, Dr. Kälin says he looks forward to engaging with governments and international institutions about the extraordinary potential for sovereign equity to assist countries in achieving real fiscal autonomy and growth: “While essential for smaller countries, sovereign equity is also a means for larger economies to drive growth and employment creation in economically underdeveloped regions. Sovereign equity is the future, not further sovereign debt.”

Download Full Statement

Contacts

Media
Paddy Blewer
Group PR Director
paddy.blewer@henleyglobal.com

Permalink : https://www.aetoswire.com/news/lsquosovereign-equityrsquo-launched-as-a-solution-to-sovereign-debt-and-financial-inequality-in-davos-debate/en

Hawkamah and IMF Focus on Emerging Central Bank Governance Trends

Global Best Practice Discussions on Board Oversight, Internal Audit and Financial Risk at the Central Bank Governance Forum 2019

Dubai, United Arab Emirates-Monday 28 January 2019 [ AETOS Wire ]

Governance of central banks, emerging challenges and opportunities, and data innovations for the financial sector are key topics to be discussed at an international forum in Dubai
Aimed at high-level central bank officials, the forum attracts representatives from about 60 institutions across the globe, bringing expertise and experience from around the world to Dubai
Hawkamah Institute for Corporate Governance and the International Monetary Fund (IMF) are convening a high-level Central Bank Governance Forum in Dubai on January 28-30, 2019.

The 3-day forum will bring together governors and officials of central banks from 47 countries. In its fifth year this year, the forum will focus on board oversight, internal audit functions, financial risk management and data innovations, aimed at central bank officials at the governor and deputy governor level, board members and senior staff with risk management, data and audit responsibilities. A total of about 60 institutions will be participating in the forum, with representatives from central banks and their external auditors, regional and global development and financial institutions from the Middle East, Europe, Africa, Asia Pacific, and the Western Hemisphere.

Dr Ashraf Gamal El Din, CEO of the Hawkamah Institute for Corporate Governance, said, “While corporate governance refers to the ways in which companies are directed, controlled and regulated, we must also examine how governments approach their responsibilities and ensure that the banking systems in their countries are sound. The effective governance of central banks is essential. The 2019 Central Bank Governance Forum is part of Hawkamah’s ongoing focus on the governance of regulators.”

Other topics that will be discussed in this year’s Central Bank Governance Forum include the role of the Central Bank’s board, good practices in terms of board composition, board effectiveness, internal control bodies and the internal audit function in central banks.

Mr. George Kabwe, Division Chief in the IMF Finance Department said, “In response to increasing interest from various central banks, we have added a third day to the forum. We will explore emerging issues facing central banks, including enterprise-wide financial risk management before and after the global financial crisis, lender of last resort operations, data analytics and financial technology (FinTech).”

Established in 2006 to bridge the corporate governance gap in the region, Hawkamah, the Institute for Corporate Governance was founded by the Organisation for Economic Co-operation and Development (OECD), the International Financial Corporation (IFC), the World Bank and other international organisations and by regional organisations including the Union of Arab Banks (UAB) and the Dubai International Financial Centre (DIFC) Authority.

The International Monetary Fund (IMF) works to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth and reduce poverty around the world. Created in 1945, the IMF is governed by and accountable to the 189 countries that make up its near-global membership. The IMF's primary purpose is to ensure the stability of the international monetary system, the system of exchange rates and international payments that enables countries (and their citizens) to transact with each other. The Fund's mandate was updated in 2012 to include all macroeconomic and financial sector issues that affect global stability.

Contacts
SAHARA Communications                                                                      

Farah Al Obaidi, Head of Media Relations, +97143298996, +971503323158
f.ahmed@saharapr.com / www.saharagcc.com

https://www.aetoswire.com/news/hawkamah-and-imf-focus-on-emerging-central-bank-governance-trends/en