Daily Archives: February 17, 2020

SEED Group and 8topuz Announce Strategic Partnership to Develop Current Risk Management Tools for Trading in the UAE

The partnership promises the full adoption of an experienced 8topuz platform starting in Dubai, which is expected to lead to a massive 8topuz growth in the entire MENA region.

DUBAI, UNITED ARAB EMIRATES / ACCESSWIRE / February 17, 2020 / SEED Group, a company owned by The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, and 8topuz, a fast-growing artificial intelligence and machine learning provider consisting of trading and algorithmic systems, have forged a new partnership to provide a solution for any investor/trader looking for an automated trading solution in the United Arab Emirates (UAE).

topuzThis strategic partnership is expected to benefit from the booming artificial intelligence industry and innovative developments driven by the local UAE government with strong ambitions as seen through the Smart Dubai initiative and the Ministry of Artificial Intelligence.

Over the years, several fintech companies have sought to disrupt the forex market, but 8topuz has developed effective new tools by focusing on how Forex trading and artificial intelligence (AI) can be combined to minimize associated risks when trading various assets. The 8topuz, high-tech, AI-based forex trading algorithms provide real-time asset management and risk solutions that can be utilized by anyone.

“Our commitment to integrating the right blend of advanced technology with the human touch is key to the 8topuz ethos and our continued success.”

Hisham Al Gurg, CEO of SEED Group and The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, said “Without a doubt, the UAE is one of the hottest and most important markets for any FinTech company to have a business right now. This country embodies the mentality of continuous improvement and commitment to innovation, and there is nothing better than bringing in a company that shares the same spirit and vision. We are confident that this is a major step towards the global expansion of 8topuz, and we are thrilled to play a big role in this.”

topuz28topuz boasts fifteen years of software development expertise. Its product was initially tailored to retail investors, but as they moved forward, they adapted to the market in two different scenarios, 8topuz understood that it could also be a very useful risk management tool for banks and investment funds and other institutional clients. With its ability to adapt to any market scenario, 8topuz now caters to institutional clients, hedge funds, retail investors and banks, so that it can be either B2B or B2C.

The official signing ceremony was held at The Private Office of Sheikh Saeed bin Ahmed Al Maktoum in Dubai on 5 February 2020. The addition of 8topuz to the SEED Group portfolio is in line with the Private Office’s commitment to help deliver sustainable innovation from companies with unique products and solutions to the Middle East and North Africa (MENA) region.

About 8topuz

8topuz was founded as a result of a deep understanding of the FX market and the director’s interest in automating trading using advanced technology and AI.

Their software and technology is designed to allow investors a simple and profitable way to tap into a unique trading system developed to make the most out of well known trading conditions that require a high degree of automation to successfully manage associated risk factors, so with a touch of human intervention the 8topuz AI software ensures that anomalies are dealt with swiftly allowing steady and reliable growth in the short and long term.

About SEED Group

Over the past 16 years, SEED Group has formed strategic alliances with leading global companies representing diverse regions and industries. These companies have propelled their business interests and goals in the Middle East & North Africa (MENA) region through the support and strong base of regional connections of the SEED Group. The Group’s goal is to create mutually beneficial partnerships with multinational organizations and to accelerate their sustainable market entry and presence within the MENA region. SEED Group has been a key point in the success of all its partners in the region helping them reach their target customers and accelerate their businesses. The Private Office was established by Sheikh Saeed bin Ahmed Al Maktoum to directly invest in or assist potential business opportunities in the region, which meet The Private Office’s criteria.

For more information, visit www.seedgroup.com.

8topuz Media Contact:

Anthony Munns
+44 203 695 3583

SEED Group Media Contact:

Nomarie Jean Lacsamana
+971 4 373 5068

SOURCE: 8topuz Consulting LLC 

‫اختيار بريميا بارتنرز فائزة كصندوق متداول في البورصة عالي الأداء في بورصة هونغ كونغ – جائزة الإيرادات الكلية لصندوق بريميا سي أس آي كيشن للاقتصاد الجديد مع بلوغ إيراداته 45.2% للعام 2019

هونغ كونغ، 17 شباط/فبراير، 2020 / بي آر نيوزواير / — يسر شركة بريميا، وهو صندوق مالي متداول في البورصة، الإعلان عن اختياره من قبل بورصة هونغ كونغ كفائزة بفئة أعلى صندوق متداول في البورصة أداء – إذ بلغت نسبة مجموع إيراداتها لصندوقها بريميا كيشين لصندوق الاقتصاد الجديد الصيني 45.2% خلال العام 2019.

Premia Partners selected as winner of HKEx Top Performing ETF -- Total Return Award for its Premia CSI Caixin China New Economy ETF with 45.2% return for 2019

 يتتبع صندوق  Premia CSI Caixin China New Economy ETF (Tickers: 3173 HK / 9173 HK)  مؤشر CSI Caixin Rayliant New Economic Engine، الذي استحوذ على حوالي 300 من شركات القطاع الاقتصادي الجديدة المدرجة في البر الرئيسي. ويعتبرالصندوق المتداول في البورصةالمكرر ماديا واحدا من أقل صناديق الاستثمار المتداولة في الصين من حيث الكلفة، حيث بلغت نسبة المصاريف الإجمالية 0.50٪ لكل عام.

 خلافًا لنهج رسملة السوق التقليدية، يتم اختيار الشركات استنادًا إلى عوامل أساسية مثل حجم الأصول غير الثابتة والعافية المالية وخصائص النمو. توفر المحفظة المتنوعة للمستثمرين نهجًا تجريبيًا ذكيًا متميزًا للمشاركة في النمو الهيكلي والتحول الاقتصادي في الصين، مع شركات ليس فقط في الإنترنت، ولكن أيضًا في مجال الرعاية الصحية والتكنولوجيا الحيوية والصيدلانية والطاقة الجديدة والأتمتة الصناعية والـ 5 جي والحوسبة السحابية وإنترنت الأشياء و قطاﻋﺎت اﻻﺳﺘﻬﻼك وﻏﻴﺮهﺎﻣﻦ اﻟﺪواﺋﺮ اﻻﻗﺘﺼﺎدﻳﺔ اﻟﺠﺪﻳﺪة اﻟﻤﻤﻜﻨﺔﻟﻠﺘﻜﻨﻮﻟﻮﺟﻴﺎ

وقالت ريبيكا شوا، الشريكة الإدارية في بريميا بارتنرز: “نحن ممتنون للغاية للاعتراف والدعم المستمر من قبل بورصة هونغ كونغ، وكذلك عملائنا وشركاء الأعمال في هذه الرحلة. لدينا شغف كبير بأسواقالصناديق المتداولة في البورصةالآسيوية ونتطلع إلى بناء أدوات أكثر كفاءة للمستثمرين للوصول إلى فرص النمو في آسيا.”

جوائز بورصة هونغ كونغ للصناديق المتداولة في البورصة  مكرسة للاعتراف بإنجازات أفضل الشركات أداءً في صناعة الصناديق المتداولة في البورصة  في هونغ كونغ. اعتبارًا من 14 شباط/فبراير 2020، كان لدى  بريميا بارتنرز التي احتفلت بالذكرى السنوية الثالثة لتأسيسها، 6 صناديق من صناديق الاستثمار المتداولة المدرجة في بورصة هونغ كونغ التي تغطي الصين، وآسيان الناشئة، وآسيا للتكنولوجيا المبتكرة، وفيتنام، والصنادق المعرض للخزانة الأميركية.

للاستفسار: +852 2950 5777

حول بريميا بارتنرز

تأسست بريميا بارتنرز في هونغ كونغ في العام 2016، من قبل مجموعة من المتحمسين لصناعة الصناديق المتداولة في البورصة الذين يؤمنون بتمكين المستثمرين بأدوات استثمارية فعالة ورؤية مجال هائل للابتكار في صناعة الصناديق المتداولة في البورصة الآسيوية في آسيا ولآسيا – لأن هذا هو وطننا. لمزيد من المعلومات، يرجى زيارة www.premia-partners.com

الصورة – https://mma.prnewswire.com/media/1090592/Top_Performing_ETF.jpg

Absen Launches Venus LED Series at ISE 2020

SHENZHEN, China, Feb. 17, 2020 /PRNewswire/ — Leading global LED manufacturer Absen announced the launch of a new super-lightweight touring solution for rental stagers on the opening day of ISE (11-14 February 2020).

The Venus (VN) Series is an innovative LED display that has been specifically designed for concerts and festivals due to its ability to create super-sized screens at speed. The product features a highly unique integrated ‘module-on-frame’ design. By removing the sub-frame (cabinet frame), Venus is 27% lighter than competing solutions. In fact, at 27.5 kg/sqm, it is the lightest integrated touring display solution on the market, allowing creative teams to cut back on weight, save cost and build even bigger LED walls than before – up to 20 metres in height.

The VN Series has also been designed to save crews precious time. In an industry where there is increasing pressure put on rental stagers for set up times, Venus makes it far quicker to install thanks to its big cabinet size (1500 x 1000) and fast locking system. It is also easier to maintain and upgrade as the modules can be swiftly switched out without the need to take apart the frame structure.

The VN Series will be available in two standard sizes: 1,500mm (W) x 1,000mm (H) and 500mm x 1,000mm, in order to allow for fully customised options. It will be available in 3.9mm, 4.8mm and 8.3mm pixel pitch versions, boasting up to 5000 nits brightness. The VN Series also allows for concave and convex curving options for highly creative video wall designs; with horizontal free-adjustable variances of -10 to +10 degrees, allowing fixed positioning at -10°, -5°, 0°, +5° and +10°.

All Venus LED panels are fitted with carbon fibre pipes with special anti-slip coatings to ensure the safety of climbers, with additional safety hooks so riggers can secure themselves at every step of the building process. The VN’s easy locking system with big-sized handles are simple to use even with thick gloves on, with colour-coded lock/unlock markers and vertical auto-lock for an improved user experience. The product can be easily hung, stacked and transported, thanks to a 5-in-1 dolly system. Wind bracing is also available and can withstand gale force winds of up to level 8.

Civilians Bear Brunt of Terror as Kenya’s Operation Against Al-Shabab Continues in Forest

KIANGWE, KENYA – Kenya launched an operation to flush out al-Shabab terrorists from the northeast Boni Forest on the border with Somalia in 2015. The operation was meant to last a few months but � nearly five years later � security forces are still struggling to stamp out the Islamist militants. Villagers are afraid to venture into the forest and a deadly January attack on a joint Kenya-U.S. military base has highlighted ongoing insecurity.

Twenty-year-old Bilai Abdi said she was excited about getting her two children new clothes one afternoon in 2017.

She and six other civilians got into a police vehicle to get to the next town.

They never reached their destination, as the car hit a roadside bomb and was then attacked with gunfire, killing all the civilians except Abdi.

The mother of four dragged herself out of the bullet-ridden car.

“My leg was bleeding and one man aimed at me,” she says. She also says she tried to duck but the bullet hit her in the neck. “The man came down and passed by me, thinking I was dead, without even looking at me.”

A few hours later police helicopter was hovering above her head.

Abdi says she saw security moving around me but couldn’t see clearly. She says an officer recognized her but another pointed his gun at her and called her al-Shabab. Abdi says she replied that she was not al-Shabab. What al-Shabab person has a child, she asked. Abdi says they walked away and soon she was put in the helicopter.

Abdi survived but it took until January of this year for surgeries to remove the bullets lodged in her neck and left leg.

Kenyan authorities have since banned civilians from traveling with security, says Lamu County Commissioner Irungu Macharia.

“The terror group mainly targets our security vehicles and security officers. So, by having civilians on those vehicles they also become a target, said Macharia.

Kenya launched an operation to flush out al-Shabab terrorists from the Boni Forest, on the border with Somalia, in 2015.

It was to last only a few months but, nearly five years later, villagers still avoid going too far into the forest for fear of attack, according to local resident Abala Waro.

“If you are seen in the forest, you can be killed. You don’t know these people. They are animals who live in the forest. You are nothing to them. It’s better I die here of my hunger than go deep into the forest, said Waro.

Somalia-based al-Shabab has been attacking and fighting Kenyan troops since 2011, when the government sent soldiers into Somalia to combat the militant group.

Underscoring the insecurity along the border, the militants launched a brazen assault on a joint Kenya-U.S. military base in Lamu County, Kenya in January. Three Americans were killed.

Source: Voice of America

Outspoken US Labor Leader Owen Bieber Dies at 90

Former U.S. labor leader Owen Bieber, one of the country’s most outspoken anti-apartheid activists who also backed Poland’s Solidarity labor movement, has died at 90.

A longtime union member, Bieber took over as the head of the United Auto Workers Union in 1983, securing good wages, job security and other benefits for blue-collar auto workers at a time of recession and rising global competition.

He rallied the UAW behind the Solidarity movement in Poland and was a fierce critic of apartheid in South Africa. He traveled to the country, speaking out against racism and imprisonment of labor activists, smuggling photographs of tortured prisoners out of the country back to the U.S.

Bieber was arrested demonstrating outside the South African Embassy in Washington. He hosted Nelson Mandela in Detroit, Michigan, after the South African political leader’s release from prison in 1990.

Source: Voice of America