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Rimini Street Expands Investment and Operations in Asia-Pacific
November 18, 2018
Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, and the leading third-party support provider for Oracle and SAP software products, today announced that it has expanded its operations in the Asia-Pacific region with the launch of its new subsidiary, Rimini Street New Zealand Limited, and the opening of its new office in Auckland to address the growing demand for Rimini Street’s premium, ultra-responsive support services in New Zealand. Rimini Street’s expansion was announced at a gala event held at The Northern Club in Auckland, where clients, local IT leaders and the special guest of honor, Ambassador Scott P. Brown, the U.S. Ambassador to New Zealand, were hosted by Rimini Street’s general manager for Asia-Pacific, Andrew Powell, and Rimini Street corporate senior executives. Growing demand for IT optimization and a business-driven......
Automotive Innovator, Rick Tewell, Promoted to Chief Operating Officer at Velodyne Lidar
November 18, 2018
Velodyne Lidar, Inc. announces the promotion of Rick Tewell to Chief Operating Officer. Tewell assumes leadership of the company’s vast manufacturing efforts at its Megafactory in San Jose, California. He joined the company in September 2017 as Senior Vice President of Automated Manufacturing and was promoted to Chief Advanced Manufacturing Officer prior to the promotion to COO. He brings a wealth of expertise to the day-to-day production of Velodyne’s industry-leading lidar sensor product line. According to Marta Hall, Velodyne’s President and Chief Business Development Officer, Velodyne “recruited Rick Tewell to manage Robotics and Advanced Technology, and within a year it was clear he could lead Operations as COO. Velodyne Lidar is at the extreme edge of high tech, and Rick meets the challenge with da Vinci-like multiple talents. In the last three months Rick upgraded......
MultiBank Group Expands Across Europe Making It One of the Largest Financial Derivatives Companies Worldwide
November 16, 2018
In December 2017, MultiBank Group announced the launch of its Asset Management business and the establishment of its European headquarter in Frankfurt, Germany. Since then, the Group’s asset management business has taken off, while the performance of the MultiBank Index linked Note, listed on the Frankfurt Stock Exchange, has reached an all time high at EUR 1,357 today. As such, with the expansion in Europe, the Group has now offices in Hong"...
A-Nex Launches Initial Coin Offering (ICO) Showcasing Unhackable Cryptocurrency Technology for Internet Security
November 15, 2018
• Cyber Advanced Technology, the technology provider for A-Nex, has developed an innovative crypto-trade platform that plans to take the crypto-industry to a new level of security and profitability.
• A-Nex will be powered by the Operational Technology-Operation Centric Networks (OT-OCNTM), a secure, Next GEN internet technology created by CAT. A-Nex, a cyber coin company, announces its initial coin offering (ICO) today. This"...
Northern Trust Named Best Private Bank for Family Offices
November 14, 2018
(AETOS Wire) -- Northern Trust’s Global Family & Private Investment Offices (GFO) group has been named Best Private Bank for Family Offices Globally by Professional Wealth Management and The Banker magazines, publications of the Financial Times Group. This marks the second year in a row that Northern Trust GFO has been recognized as Best Private Bank for Family Offices Globally. The prestigious"...
Small is Best in Global Banking - as Universal Banks Fail to Deliver - Lafferty Banking 500
November 13, 2018
(AETOS Wire)-- Far from being the universal banking giants of Wall Street, London, Frankfurt, Paris, Tokyo or Beijing that typically combine commercial and investment banking activities, the best banks in the world are focused on consumer and business banking. They are also smaller and often younger than the big brands of the banking industry. So says a new study from global banking research firm, Lafferty Group, London. STAR-RATINGS"...
KRG repays debts of $500 million to private banks
November 8, 2018
ERBIL, Kurdistan Region – The Kurdistan Regional Government (KRG) has started repaying its debts, clearing half of what it owes to private banks and 10 percent of what it owes contractors. It will now service its remaining debts every month.
The KRG has dedicated $100 million from its oil revenues to pay contractors in the Kurdistan Region, KRG finance minister Rebaz Hamlan told Rudaw.
“The KRG owes nearly $2.5 billion to contractors and for uncompleted projects, including more than $1"...
Officials warn of counterfeit dinar, dollar, rial, euro notes in Kurdistan
November 7, 2018
ERBIL, Kurdistan Region — More than 100 people charged with dealing with counterfeit currencies have been arrested in Erbil province in the last 11 months.
'Since the beginning of 2018, Erbil police in coordination with the Asayesh [Security] have confiscated a huge amount of counterfeit currencies,' said Hogir Aziz, spokesperson for the Erbil Police Department, on Tuesday.
They’ve seized an estimated 88 million dinars, $4.1 million, and more than 800,000 euros. Aziz"...
Exclusive: EFG Hermes steps up coverage of frontier markets in Africa and Asia
November 5, 2018
Egyptian investment bank EFG Hermes is expanding its presence in high-growth frontier markets including Nigeria, Bangladesh and Pakistan to service investor clients, and Vietnam is its next target, said divisional chief executive Ali Khalpey. The lender aims to complete the acquisition of Lagos-based Primera Africa – announced in July – “in the next 10 days”, as it deepens its presence in Nigeria. The brokerage and research"...
Iraqi dinar exchange rates (November 3)
November 4, 2018
SULAIMANI — The US dollar to Iraqi dinar (IQD) exchange rate was slightly up on the Kurdistan Region’s currency markets on Saturday (November 3). Broker Rawaz Jaza told NRT Digital Media that $100 was selling at 120,650 Iraqi dinars, 100 IQD higher than the previous day. Jaza also reported that 100 British pounds was 500 IQD up to 154,750 Iraqi dinars and 100"...
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