Category: MENA

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XCMG Technician College to Partner with German Institutions to Launch “Blue Sea Elite” Young Technicians Training Program

The cooperation with HWK Erfurt Vocational Training Center (HWK) and Erfurt Chamber of Industry and Commerce will pave the way in promoting the high-quality development of vocational education in China

XUZHOU, China, Aug. 12, 2021 /PRNewswire/ — XCMG Technician College, the vocational technical school of leading construction machinery manufacturer XCMG (000425.SZ), is partnering with HWK Erfurt Vocational Training Center (HWK) and Erfurt Chamber of Industry and Commerce in Germany to launch the “Blue Sea Elite” young technician training program (the “Program”), which will provide international training and perspective to close to 200 qualified technicians and mechanics for XCMG annually.

XCMG Technician College to Partner with German Institutions to Launch “Blue Sea Elite” Young Technicians Training Program.

“In accordance with Germany’s standards in construction machinery technician education, the Program will establish an integrated talent training system to include vocational training certification, curriculum convergence, teaching model, faculty training and evaluation/assessment to promote the continuous improvement of talent cultivation to create a reserve of talents for XCMG’s main global development strategy,” said Feng Yuehong, director of XCMG Technician College.

Using the German dual-system vocational education system as a benchmark, XCMG Technician College has been implementing integrated course and teaching reform in areas of curriculum, scenario, faculty, teaching material, time and evaluation, with the aim of achieving the integration of school with enterprise as well as production with education. The Program aims to open a new chapter for XCMG Technician College in training highly skilled, innovative and interdisciplinary industrial mechanics with an international perspective.

Following the technological trend of intelligent construction, XCMG has begun to focus on cultivating skilled technical talents with a background in internet applications since the beginning of 2021 and awarded China’s first batch of 1+X grade certificates of industrial internet industry.

The 1+X certificate includes one academic certificate and multiple vocational skill certificates, involving industrial data collection equipment deployment and connection, industrial site data collection and cloud storage, cloud platform algorithm modeling applications, industrial data edge computing applications, industrial app development and release and more.

“‘Theory + practice’ teaching model integrates vocational skill training into teaching resources with the support of precise training facilities, it’s our goal to take a lead role across the industry,” said Feng.

For more information, please visit: http://en.xcmg.com/en-ap/.

Photo – https://mma.prnewswire.com/media/1592652/image_1.jpg

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Telecom Review finds that 700 MHz 5G network construction drives investment and brings benefits to telecom vendors in China

DUBAI, UAE, Aug. 11, 2021 /PRNewswire/ — Telecom Review finds that Chinese telecom carriers are making significant progress in constructing low-band 5G networks, and much of the attention is drawn to the 700MHz frequency which is part of the wider ultra-high frequency (UHF) band.

At the beginning of 2021, China Mobile and China Broadcasting Network (CBN) had announced a 5G strategic cooperation agreement to construct and share a 700 MHz 5G network. As a combined effort, they have purchased 480,400 700 MHz 5G base stations this year. According to Guang Yang at Strategy Analytics, this increase of base stations in 700 MHz will be a significant boost to the 5G infrastructure market and also a catalyst for the 5G development in China, since most of the 5G base stations in China so far are deployed in the 2.6 GHz or 3.5 GHz band.

China Telecom and China Unicom have also jointly launched the centralized procurement of 242,000 5G base stations and have recently released the announcement on public bidding involving the 2.1 GHz wireless primary device needed in the 5G SA construction project in 2021.

Telecom Review reports the increased 5G activities in 700 MHz band will drive 5G investment in China and benefit domestic equipment vendors like Huawei. In China Mobile and CBN bidding, Huawei, as the major infrastructure vendor in China’s 5G market, has won around 60% of the total share. It is expected that Huawei will continue to be the biggest winner in the Chinese market in 2021 and the main vendor beneficiary of 5G CAPEX spending in China.

With the strength of wider coverage and low propagation loss, Telecom Review expects the low band 5G frequencies will enable a better 5G network experience and help companies like Huawei to demonstrate the true value of 5G, which will keep boosting the confidence of clients in its business continuity under the current circumstances.

About Telecom Review

Telecom Review was founded in 2005 and is today the leading global ICT media platform. With its different editions that cover all the industry’s updates in the Middle East, Asia Pacific, Africa and North America, Telecom Review has gained a stellar reputation for guaranteeing quality content, offering reliable information and addressing the most trending topics. Telecom Review has always been a pioneer in the ICT media industry by launching e-newsletters, digital flipping magazines and most recently, organizing virtual panels and webinars.

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Globeleq And Absa Successfully Refinances South African Renewable Plants

LONDON and CAPE TOWN, South Africa, Aug. 10, 2021 /PRNewswire/ — Globeleq, the leading independent power company in Africa, and Absa Bank, a leading financier in the renewable energy programme in South Africa, have completed the senior debt refinancing of three of Globeleq’s renewable power plants. The purpose of the refinancing is to enhance the projects’ capital structures, allowing for the release of value to shareholders and the reduction of the tariff to the national utility, and ultimately consumers in South Africa.

Globeleq - Powering Africa's Growth

The tariff reductions will save the national utility more than ZAR 1 billion across the three assets over the remaining 12-year term of the power purchase agreements.  Absa Bank acted as the mandated lead arranger and sole underwriter of the c. ZAR 5.2 billion debt financing package.

This transaction will be the second refinancing of renewable assets under the Department of Mineral Resources and Energy’s (DMRE) Independent Power Producer Office (IPPO) Refinancing Protocol.  Globeleq hopes to eventually refinance the entire portfolio of assets it owns in South Africa.

Globeleq proactively engaged in June 2020 after the IPPO requested owners of the South African renewable Round 1-3.5 projects to consider participating in a voluntary refinancing programme, and led the refinancing process on behalf of all its shareholders in the 138 MW Jeffreys Bay Wind Farm, 50 MW De Aar Solar and 50 MW Droogfontein Solar plants.

Mike Scholey, Globeleq CEO said: “Globeleq sees this transaction as enabling future secondary market debt, which in turn will stimulate new opportunities, jobs and contribute to the economic development of South Africa. We hope that other IPPs will look to do the same and reduce the cost of their power to Eskom.”

Apart from reducing wholesale electricity prices, the refinancing will unlock funds for the shareholders which, in turn, will encourage re-investment in the sector as well as accelerate equity distributions to the three community trust shareholders, enabling spend on high impact sustainable ventures.

Absa’s Johan Koorts, Resource & Project Finance Principal said: “Absa Bank has been a major supporter of the South African renewable energy programme since its inception and has to date arranged financing for c. 3 gigawatts of projects across various bid windows. This transaction strongly demonstrates Absa’s ongoing commitment to the financing of clean energy and the acceleration of investments that make a sustainable impact on the communities we serve.”

Bernard Magoro, Head of the IPP Office said: “We wish to thank all parties for the commitment shown and the constructive way in which they approached this refinancing and hope that the successful conclusion thereof will lead to more IPPs taking comfort from the process and coming to the fore to participate in this initiative. The IPPO is proud to be part of this achievement.”

Logo – https://mma.prnewswire.com/media/612609/GLobeleq_Logo.jpg

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PolkaFoundry to List on AscendEX

Singapore, Aug. 09, 2021 (GLOBE NEWSWIRE) — AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the listing of PolkaFoundry token (PKF) under the pair USDT/PKF on Aug 10 at 1 p.m. UTC.

PolkaFoundry is a platform for building borderless and frictionless DeFi and NFT dapps on Polkadot. PolkaFoundry aims to be the most convenient platform for developers to build DeFi and NFT dapps, providing a platform for making dapps easily accessible to mainstream end-users. PolkaFoundry will achieve this by utilizing Polkadot’s interoperability and scalability and integrating various DeFi-friendly services onto the platform. In addition, PolkaFoundry focuses heavily on ensuring the UX and features of their dApps are simple to use, promoting mainstream adoption.

The native token PKF has several utilities, including payment for services and transaction fees in the PolkaFoundry ecosystem and payments for PolkaFoundry’s partners’ services. In addition, PKF is used for staking and governance so users can earn shares of block rewards and participate in the on-chain governance process to earn additional rewards for voting on proposals.

PolkaFundry believes that the most significant barrier to blockchain adoption is the complexity of the UX on most platforms and dApps. The average person has difficulty engaging with crypto projects because many projects did not design their UX’s for mainstream users. Concepts like wallets, private keys, coins, exchanges, etc. require education and can confuse new users leaving many dApps with a small active user base. Polkafoundry has spent years researching dapp UX’s and has used their research to develop the UX built into PolkaFoundry to enable novice users and professionals to access and use the platform easily.

Polkadot promises a fast-growing ecosystem that offers security, scalability, and interoperability, so PolkaFoundry decided to build its platform on it. To enable dapps to port from Ethereum, PolkaFoundry is EMV-compatible. PolkaFoundry’s foundational goal is to bring the benefits of blockchain to the masses by making its products and services accessible to people outside the crypto community.

About AscendEX 

AscendEX (formerly BitMax) is a global cryptocurrency financial platform with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 150 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions.

AscendEX has emerged as a leading platform by ROI on its “initial exchange offerings” by supporting some of the industry’s most innovative projects from the DeFi ecosystem such as Thorchain, xDai Stake, and Serum.  AscendEX users receive exclusive access to token airdrops and the ability to purchase tokens at the earliest possible stage. To learn more about how AscendEX is leveraging best practices from both Wall Street and the cryptocurrency ecosystem to bring the best altcoins to its users, please visit www.AscendEX.com.

For more information and updates, please visit:

Website: https://ascendex.com

Twitter: https://twitter.com/AscendEX_Global

Telegram: https://t.me/AscendEXEnglish

Medium: https://medium.com/ascendex

About Polkafoundry

PolkaFoundry is a platform for building borderless and frictionless DeFi and NFT dapps on Polkadot. PolkaFoundry aims to be the most convenient platform for developers to build DeFi and NFT dapps providing a platform for them to make dapps that are easily accessible to end-users.

For more information and updates, please visit:

Website: https://polkafoundry.com/

Twitter: https://twitter.com/PolkaFoundry

Telegram: https://t.me/PolkaFoundry

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Marketing Department
AscendEX
marketing@ascendex.com
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Kinesio® Announces the Release of Kinesio® Medical Taping for the Mature Adult

Albuquerque, New Mexico, Aug. 09, 2021 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE

Kinesio Tape is announcing a new focus on Medical Taping for the Mature Adult, though Kinesio and Dr. Kenzo Kase® have been treating this population for more than 40 years.

In his new book, Dr. Kase provides easily relatable scenarios that affect the mature adult community on a daily basis. He draws upon his own experiences in an insightful and interesting way that allows readers to see a glimpse into the mind of the inventor. Kinesio Medical Taping (KMT) techniques were developed in a clinical environment and aim to improve patient outcomes in palliative care while offering visual aides to guide you every step of the way.

This book outlines ways to help provide care for mature adult patients while using a specifically formulated tape that is designed to be gentle but still effective in treating common conditions that the mature adult often faces such as osteoarthritis and diabetic neuropathy. Kinesio Tex Light Touch+ is the only tape of its kind on the market that is specifically formulated to be gentler on the skin while achieving phenomenal results. Dr. Kase’s expertise and over 40 years of valuable experience combined with this specially formulated line of tape is the perfect recipe for maximum impact.

Kinesio Tape is designed and manufactured in the USA, and proudly serves more than 100 countries globally. With the introduction of Kinesio Medical Taping for the Mature Adult, Dr. Kase’s vision to Tape with Wisdom has taken yet another form. With Dr. Kase’s expertise and his many full years of experience traveling the globe and teaching the method, he has already impacted the lives of thousands of people. Kinesio Medical Taping for the Mature Adult will only add to that impact and encourage the mature adult to continue living a healthy, happy, and active lifestyle.

About Kinesio Holding Corporation:  Kinesio Holding Corporation is a U.S. based manufacturer of unique therapeutic tapes that are sold all over the world. The Kinesio Taping® Method is designed to facilitate the body’s natural healing process while allowing support and stability to muscles and joints without restricting the body’s range of motion.  

Attachment

Karli Jenkins
Kinesio Holding Corporation
505-797-7818
kjenkins@kinesiotaping.com
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Expereo announces the grand opening of their new Center of Excellence in Dubai

Dubai Office – Raed and Irwin

Irwin Fouwels, Expereo CEO, and Raed Rached, Managing Director for Expereo Middle East.

DUBAI, United Arab Emirates, Aug. 09, 2021 (GLOBE NEWSWIRE) — Expereo, the leading global provider of managed Internet, SD-WAN, SASE, and Cloud Access solutions, announces the opening of their brand new state of the art 10,000 sq. ft Customer Support Excellence Center in Dubai, UAE.

The Center represents Expereo’s latest expansion of their presence in the UAE, complementing their global Customer Support presence in the Philippines and Buenos Aires, supported by expert Network Engineering Centers in the Netherlands, France, and USA. The latest UAE Center will house more than 100 talented experts from 18 different nationalities speaking 32 languages, ensuring a truly global customer experience and quality of service across Expereo’s global Internet and cloud access supplier base.

Boasting state-of-the-art IT infrastructure, Expereo’s latest Customer Support Excellence Center will operate fully cloud native with multilayered security controls. Expereo’s environmental and social responsibility program has been a key driver in the planning and design. Decommissioned technology and legacy IT equipment will be donated to educational institutions within the developing world. The new Center is designed to minimize energy consumption, eliminate single-use plastics, and improve employee well-being with state-of-the-art facilities and air quality management.

Commenting on Expereo’s latest growth in global presence, Irwin Fouwels, CEO says:

“As we grow our suite of cloud fabric connectivity solutions and global enterprises accelerate the transformation to internet-based networking, we are committed to providing world class and truly global support capabilities; from initial architecture design, to deployment and support. To do so we attract the best talent, and do so at scale. Over the last 18 months, we have adopted working-from-home policies balancing employee-wellness, customer experience and productivity. The addition of our new state-of-the-art UAE facilities will allow us to do so at scale, delivering on our ambition to provide an unrivaled customer experience.”

Raed Rached, Managing Director for Expereo Middle East says:

“The new Center of Excellence will harness talent in pursuit of maintaining our customers’ mission-critical infrastructure and cloud applications. This follows Expereo’s strategy to empower, adopt, monetize and rapidly accelerate our customers’ transition to a cloud-based ecosystem. The new center provides our customers with the ability to utilize next-generation connectivity and offers them unrivaled capabilities to prepare them for tomorrow’s challenges. I am deeply proud of the experts who have enabled Expereo to reshape and evolve the telco industry by positioning the customer experience at the heart of everything that we do.”

About Expereo
Expereo is the leading provider of managed network solutions, including Global internet connectivity, SD-WAN, SASE and Cloud Acceleration services. Expereo is the trusted partner of 30% of Fortune 500 companies and powers enterprise and government sites worldwide, helping to enhance every business’ productivity with flexible and optimal Internet performance.

www.expereo.com
Twitter | LinkedIn

© Expereo 2021

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6d1c2d83-3b9b-47b8-a814-46cd05570a46

Contact:
Conor McGee
conor@grammatikagency.com

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Synchronoss Personal Cloud Solution Selected for Integration into Japan’s Kitamura Online and Retail Channels

New partnership will allow Japanese retailer to offer content storage as it seeks to digitize more of its services

BRIDGEWATER, N.J., Aug. 03, 2021 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital solutions, today announced that Kitamura, a Japanese multimedia retailer, has selected the Synchronoss Personal Cloud solution for integration into its online and retail channel. The addition of personal cloud will give Kitamura’s online and retail customers the ability to back up and manage their valuable digital content, including photos and videos, from any device.

Kitamura is one of Japan’s leading retailers offering image-related services and products, including cameras, photo printing, video dubbing, photo studio, photo books and so on. The retailer has over 1,000 retail locations across the country with over 20 million paying visitors each year and approximately 10 million consumers registered in its online services. Through this integration, Kitamura will be able to provide seamless online and retail experience with the new white-label personal cloud offering.

“We are excited to be partnering with Synchronoss to integrate its personal cloud solutions across our online and retail channels,” said Hajime Yanagisawa, Managing Executive Officer, Kitamura. “We have always been committed to bringing customers’ memories to life through the medium of photography, and this cloud offering is the next step in not only enabling our customers to enjoy their memories but to also store, organize and manage them safely and securely. We’re looking forward to bringing this new service to our customers as we continue our journey towards digitizing our offering.”

Synchronoss’ white-label personal cloud has been adopted by mobile operators and other companies across the globe. The solution gives their customers a safe, secure cloud experience and the ability to store and sync digital content – a key to building brand loyalty and customer satisfaction in an increasingly online world. It also delivers to those organizations the flexibility to quickly add additional value-added services that strengthen the bottom line.

Anthony Socci, President of Synchronoss International, said he is delighted to be working with Kitamura on its new cloud offering. “This cloud solution will be instrumental to Kitamura as it increases its digital touchpoints and seeks to create new revenue streams beyond its traditional printing and camera retail business. We look forward to collaborating with Kitamura as it brings new, innovative services to its customers,” he said.

To learn more about Synchronoss cloud solutions, visit synchronoss.com/solutions/cloud.

About Synchronoss
Synchronoss Technologies (NASDAQ: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding, and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market. Hundreds of millions of subscribers trust Synchronoss products to stay in sync with the people, services and content they love. That’s why more than 1,500 talented Synchronoss employees worldwide strive each day to reimagine a world in sync. Learn more at www.synchronoss.com

About Kitamura
Kitamura is a leading company of photographic and video-related products and services in Japan. The company owns Japan’s largest in-house laboratories (photo and video processing factories) and delivers its services and products via more than 1,000 retail stores nationwide and online. It’s the company’s mission to provide services to shape customer memories not only at that moment but also for decades to come, restore photos, and revive precious memories.

Media Contacts

For Synchronoss: Anais Merlin, CCgroup, E: synchronoss@ccgrouppr.com

Investor Contact
For Synchronoss: Todd Kehrli/Joo-Hun Kim, MKR Investor Relations, Inc., E: investor@synchronoss.com