Finance & economy

January 21, 2018

1

KBBO Group to Expand Investment in Education

Abu Dhabi-based investment firm, KBBO Group, will invest in growing technologies in the education sector having successfully built the largest healthcare portfolio in the region, its CEO, Yazen Abu Gulal, said at a recent forum.

In a round table session with senior regional leaders at the recent Milken Institute London Summit, Yazen Abu Gulal said digital learning has evolved from a useful ability to an"...

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January 21, 2018

2

The Brightline Initiative, Project Management Institute and The Boston Consulting Group Host The Economist Events for Davos Panel

(AETOS Wire) -- The Brightline™ Initiative, a non-commercial coalition dedicated to helping organizations bridge the gap between strategy design and strategy delivery, along with Project Management Institute (PMI) and The Boston Consulting Group are hosting The Economist Events on the panel discussion, “The Business Case for Openness: Implementing Strategy in a Drawbridge up World.”

This"...

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January 20, 2018

3

TPG Growth set to acquire TRACE, Africa’s music and entertainment company

TPG Growth, the middle market and growth equity investment platform of global alternative asset firm TPG, has signed a definitive agreement to acquire a majority stake in TRACE, the afro-urban music and entertainment media.

The remaining stake will be owned by TRACE’s co-founder and management team. TPG Growth will invest alongside Evolution Media and Satya Capital.

As"...

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January 20, 2018

4

International Finance Corporation increases reach of index insurance for smallholder farmers in Zambia

International Finance Corporation, a member of the World Bank Group, has unveiled a grant extension to Mayfair Insurance Company Zambia Limited, to support Mayfair in scaling up its weather-based index insurance product line in Zambia.

The additional performance-based grant, awarded through the Global Index Insurance Facility, is expected to help Mayfair reach an additional 300,000 farmers by December 2019.

Smallholder"...

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January 20, 2018

5

The Coca-Cola Company Announces New Global Vision to Help Create a World Without Waste

(AETOS Wire) -- The Coca-Cola Company announced today that it is fundamentally reshaping its approach to packaging, with a global goal to help collect and recycle the equivalent of 100% of its packaging by 2030.

This goal is the centerpiece of the Company’s new packaging vision for a World Without Waste, which the Coca-Cola system intends to back with a multi-year investment that includes ongoing work"...

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January 19, 2018

6

Researchers and Scientists from Five Countries Named Winners of King Faisal Prize 2018

Five researchers and scientists from Malaysia, Jordan, Tunisia, the US and the UK have been named winners of the King Faisal Prize 2018 as the 40th edition of the renowned award recognized their distinguished contributions towards humanity. The Prize honours exceptional achievements in five categories: Service to Islam, Islamic Studies, Arabic Language & Literature, Medicine, and Science.

Professor Irwandi"...

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January 19, 2018

7

AGCO iVenture Summit Calls for Venture Capital to Invest into the Future of Agriculture

(AETOS Wire) -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and solutions, today held its first ever AGCO iVenture Summit in Berlin, Germany. The Summit is a joint initiative of AGCO, AGCO Finance, AGCO’s Fuse Technologies, and Anterra Capital, a venture capital investor focusing on companies in the food and agricultural sectors.

“Startups"...

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January 19, 2018

8

Ascend Performance Materials Announces Price Increase for Nylon 6,6 Polymers, Compounds and Fibers

(AETOS Wire) -- Ascend Performance Materials announced today a price increase for its nylon 6,6 polymers, compounds and fibers due to escalating raw material costs. The price increase takes effect Feb. 1, 2018, and includes the following price changes: Materials Geography Price Increase Terms Nylon 6,6 polymers, compounds and fibers North America $0.10/lb. As contracts allow Non-contract business – price determined on an order-by-order basis Nylon 6,6 polymers, compounds......

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January 19, 2018

9

MySchoolPage Collaborates with Shaastra - IIT Madras Tech-Fest, for Spark Junior Quiz 2018

(AETOS Wire)-- School students from across the country recently received the chance to compete in the Spark Junior Quiz (SJQ) 2018, one of the foremost math, science and technology quiz competitions in India.

SJQ 2018 allowed over 2,000 school students the opportunity to take part in one of India’s best school level quiz. The quizzing event was conducted in 18 cities across India and the finals saw"...

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January 19, 2018

10

Fiorano Drives Digital Transformation at Rwanda’s Largest Bank, Bank of Kigali

(AETOS Wire)-- Fiorano Software today announced that Bank of Kigali, Rwanda’s largest commercial bank, has chosen the Fiorano platform for its digital transformation. The Project includes Integration with the Bank’s Temenos T24 Core Banking Solution with support for Online and Offline Banking features. Fiorano ESB and Fiorano API Management form the backbone of all integrations in the Bank’s environment, enabling payment channels such as Mobile Banking and Internet Banking with a host of lending services. The Bank selected Fiorano to replace its point-to-point integration with a scalable microservice-centric architecture built over an ESB. Fiorano ESB integrates its Temenos Core Banking System with its ATM and Card Management Systems and enables standardisation of its digital payment options and mobile payments. Fiorano’s common payment gateway now facilitates these......

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