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Unique Collaboration Brings Together Advanced Technology and a Visionary Artist

LAUSANNE, Switzerland--(BUSINESS WIRE/AETOSWire)-- Philip Morris International Inc. (PMI) (NYSE: PM) today presents IQOS World revealed by Alex Chinneck at Milan Design Week 2019, the pinnacle event in the world of art and design. IQOS, the flagship innovation in PMI’s smoke-free portfolio, will host the exhibition to the public April 9-14.

The IQOS World exhibition—which is expected to be visited by more than 50,000 people during Milan Design Week—is an artistic expression of the future, brought to life through a collaboration with well-known sculptor Alex Chinneck, whose art is distinguished by his bold and disruptive vision. Alex’s unique talent for combining art, architecture and theater in his work manifests on a monumental scale: The architecture itself, both inside and out, becomes transformed into a work of art, taking on new and unexpected shapes. The walls and floor become metaphors for a process of transformation, evoking—through imaginative portals—seemingly infinite routes to a newly imagined future.

“By taking familiar materials and architectural forms and making them behave in extraordinary ways, we are working with IQOS to change visitors’ perceptions of what is possible,” said Chinneck. “Through the repeated use of the zipper, we have opened up the fabric of a seemingly historic Milanese building to playfully re-imagine what lies behind its facade, floors and walls. Ethereal light pours through each opening, filling the space with color and filling the work with a sense of positivity and potential.”

Milan Design Week is the most important event in the world related to the topic of design—it premieres the latest trends and plays host to events, exhibitions and presentations that complement the unparalleled design of IQOS.

“PMI is leading the transformation of the tobacco industry—one that is based on science and innovation. Our aim is to create a smoke-free future; that is, a future where smoke-free products like IQOS replace cigarettes to the benefit of society,” said Frederic de Wilde, president EU Region, PMI. “It is precisely this thought, aimed at revealing an alternative vision of the future, which naturally guided our collaboration between IQOS and Alex Chinneck.”

IQOS 3 and IQOS 3 MULTI represent the latest versions of the flagship smoke-free device from Philip Morris International. They are characterized by an ergonomic and elegant design; the latest innovation uses a state-of-the-art system that involves heating the tobacco sticks, thus preventing smoke. Design and innovation, therefore, have the power to have a positive impact on the lives of people who smoke and, collectively, the future of public health. As a company, our priority is clear—to help adult smokers who would otherwise continue to smoke to switch as quickly as possible to potentially less harmful alternatives. To date, more than 6.6 million adult smokers in 44 markets around the world have quit smoking and switched to IQOS—playing an instrumental role in building a smoke-free future.

Philip Morris International: Building a Smoke-Free Future

Philip Morris International (PMI) is leading a transformation in the tobacco industry to create a smoke-free future and ultimately replace cigarettes with smoke-free products to the benefit of adults who would otherwise continue to smoke, society, the company and its shareholders. PMI is a leading international tobacco company engaged in the manufacture and sale of cigarettes, smoke-free products and associated electronic devices and accessories, and other nicotine-containing products in markets outside the U.S. PMI is building a future on a new category of smoke-free products that, while not risk-free, are a much better choice than continuing to smoke. Through multidisciplinary capabilities in product development, state-of-the-art facilities and scientific substantiation, PMI aims to ensure that its smoke-free products meet adult consumer preferences and rigorous regulatory requirements. PMI's smoke-free IQOS product portfolio includes heated tobacco and nicotine-containing vapor products. As of December 31, 2018, PMI estimates that approximately 6.6 million adult smokers around the world have already stopped smoking and switched to PMI’s heated tobacco product, which is currently available for sale in 44 markets in key cities or nationwide under the IQOS brand. For more information, see our PMI and PMIScience websites.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190409005419/en/

*Source: AETOSWire

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Dubai, United Arab Emirates, 9 April 2019, (AETOSWire): KLab Inc., a leader in online mobile games, has announced that it will host a booth at the Middle East Film & Comic Con in Dubai in April. The Middle East Film & Comic Con is one of the largest annual pop culture celebrations in the Middle East, and this year it will be held from Thursday, April 11 to Saturday, April 13 at the Dubai World Trade Centre in Dubai, United Arab Emirates. KLabGames will join an array of exhibitors from all over the world celebrating anime, comics, and games.

The Arabic version of KLab’s live streaming service, KLab Games Station (available in Japanese, English, French, and now Arabic) debuted on March 7 and will have live appearances at the event. The Dubai Round of the Captain Tsubasa: Dream Team Dream Championship 2019 will also take place during the event, and the winner will receive a trip to Tokyo, Japan to participate in the Dream Championship Finals that will be held there in fall 2019.

A host of engaging content designed to delight fans and visitors alike is planned to kick off KLabGames’ first-ever appearance at the Middle East Film & Comic Con. With anime fans and game players from the UAE and all over the Middle East expected to attend, the booth will be jam-packed with stage events, a VR experience area, event-limited merchandise for sale, and free giveaways, all centered around two KLabGames hit titles, Bleach: Brave Souls and Captain Tsubasa: Dream Team.

About KLab

KLab is a leader in online mobile gaming. Founded in 2000 and headquartered in Tokyo, the company is listed on the 1st Section of the Tokyo Stock Exchange. KLab has consistently ranked as one of the top 52 grossing game publishers worldwide since 2012. With its emphasis on quality and innovative games, KLab continues to grow at a rapid pace, expanding beyond the Japanese market with offices in Singapore, Shanghai, and the United States. For more information about KLab, please visit http://www.klab.com/jp/english/.

*Source: AETOSWire

GEZE Solutions for Transport Technology

On Water, On Land and In the Air. Diversity from a Single Source

Dubai, United Arab Emirates, 9 April 2019, (AETOSWire): GEZE has for many decades been a reliable partner for customized, high quality transport technology solutions – from cruise ships and trains, to transporters and aeroplanes. What began with fittings for the 'Graf Zeppelin' airship and in German National Railway trains, today continues in state-of-the-art transport technology solutions.

“Depending on the customer’s wishes, it is possible to realize individual special solutions from the areas of door, window and safety technology as well as automatic door systems. Not only do these increase comfort for passengers and staff on water, land and air routes, they also increase safety.” Declared Charles Constantin, Managing Director of GEZE Middle East.

On water: the 'feel-good factor' on board. Solutions for shipbuilding

Whether for large seagoing or smaller river cruise ships, or even private yachts: GEZE solutions for modern shipbuilding ensure comfort, safety and aesthetics on board. We supply highly corrosion-resistant materials, making them optimum for use in sea water and sea air.

GEZE automatic swing and sliding door solutions allow passengers on cruise ships or private boats to move barrier-free and comfortably from room to room. Staff are also able to serve hygienically and without obstacles – for example between the kitchen and dining room. Manual swing doors create an attractive and individual touch on small boat units in particular. Where light-drenched areas are preferred, fanlights with electrical window drives ensure a light, welcoming atmosphere, for example in the swimming pool or wellness area.

GEZE door closers, unobtrusively integrated in the door leaf, ensure safety of the cabin door by enclosing the source of danger in the event of fire. At the same time, reliable closing of inside and external ship doors prevents heat loss and draughts. GEZE door dampers ensure comfort in the cabin, they stop doors gently, close them silently and keep them open with ease if needed.

Custom-fit GEZE solutions such as automated balcony sliding doors can also be individually retrofitted completely in accordance with customer requirements. For people with restricted mobility, automatic swing door drives on cabin and WC doors provide barrier-free access.

On land: Get there safely and comfortably. Solutions for rail traffic

An advantage for passengers or commuters who favor rail travel: no waiting in traffic. Manual and automatic door solutions also ensure added comfort on trains and railways.

The number of people needing to be carried quickly and safely by public transport, particularly in urban centers, is increasing year on year. GEZE glass partitioning walls with automatic sliding door systems ensure optimum safety on the platform when trains are coming in. These door systems are locked electrically, and can also be unlocked manually in emergency situations. Particularly for future driverless public transport systems, these automated systems provide an additional safety factor.

The same is true of funicular railway stations. To ensure passenger access to the funicular is safe and ordered, automatic sliding doors provide reliable opening and closing – completely in line with requirements. Increased passenger safety allows trains to enter the station or access area more quickly. This reduces the waiting time for passengers on board.

GEZE door systems also ensure comfortable movement within a rail vehicle. Whether an automatic sliding door or a manual swing door: GEZE solutions impress with their high level of barrier-free passenger comfort, minimum installation space requirements and reliable opening and closing. These special constructions, fully in line with customer requirements, can be adapted to the particular need.

Solutions for the transport industry

For parcel and transport services, the greatest possible efficiency and optimum security are critical factors. GEZE offers a range of intelligent products for utility vehicles, for example to facilitate access from the driver's cabin to the cargo area.

A common adage in the transport industry is: time is money. A parcel service driver being able to get to the inside of the vehicle quickly and easily from the driver's cabin without the hassle of getting out can yield a valuable time saving.

This is why GEZE offers practical sliding door solutions for transport vehicles. Where the security aspect is paramount

– with money transporters for example – customized door solutions with optional access control ensure optimum protection of the driver and his load.

In the air: special doors for the challenges of aeroplanes. Solutions for aircraft

Different aircraft types pose varying challenges with respect to modern door technology. And yet, whether we're talking about large passenger and cargo planes or private jets: the emphasis is always on safe and comfortable solutions that can be customized to the circumstances.

At the beginning of the century, the skies were dominated by Graf Zeppelin and his airships. Even then, GEZE was building a suitable solution: special aluminium cabin sill track designs. GEZE's customized door systems continue to offer greater comfort and safety in today's modern aircraft. For example by separating the baggage hold: special solutions from the area of automatic sliding doors, for mostly small doorways, ensure baggage is locked away safely, without moving around. Access control solutions on connecting doors prevent unauthorized access to the cockpit.

Customized manual swing doors in, for example, private aircraft, provide comfortable doorways that are smooth and aesthetically fitting. Automatic swing door drives facilitate the way to the aircraft or private jet via a gangway.

Creative freedom with specialized solutions

With GEZE Customer Solutions, customers benefit from sophisticated, customized and special solutions, which offer the best-possible safety and comfort. GEZE experts develop these in precise alignment with the customer’s wishes. And all this from a single source.

A central contact person is available for all questions from the initial idea right up to commissioning. Irrespective of whether the questions refer to technical traffic applications, special building requirements, or solutions for machines and systems. GEZE customized solutions provide everything you need.

Customer support from A to Z

Regular servicing is essential for long-lasting, faultless functionality, longevity and the retention of value for door, window and safety systems. Customized service solutions are rated very highly at GEZE: from installation to maintenance and repairs right up to modernization of existing systems.

The complete support and maintenance of the building technology in one project is thereby our focus. Therefore,

GEZE Service offers comprehensive solutions for internal as well as third-party products. Together with its foreign subsidiaries, GEZE forms a comprehensive global service network that meets every need with a highly diverse service packages.

ABOUT GEZE

The GEZE brand stands for innovation and premium quality products, processes and services. GEZE is one of the leaders on the market and is a reliable partner worldwide for door, window and safety technology products and systems. No matter what the requirements of the building are – GEZE realizes optimum solutions and combines functionality and security with comfort and design. GEZE door closers open up numerous technical and visual options. Every day millions of people go through doors equipped with the overhead door closers from the TS 5000 series and enjoy the barrier-free convenience of automatic door systems, e.g. the Slimdrive and Powerturn lines. The integrated all-glass design systems are pure aesthetics. GEZE also has a wide product range for window and ventilation technology. Complete "intelligent" smoke and heat exhaust solutions (RWA) and a comprehensive selection of door systems for RWA air supply solutions are also available for preventative fire protection. GEZE's safety technology includes escape and rescue route solutions, lock technology and access control systems. With system expertise, GEZE creates coordinated system solutions that combine individual functions and security requirements in one intelligent system. The latest innovations are the new building automation system GEZE Cockpit and interface modules for integrating GEZE products into networking solutions which turn buildings into Smart Buildings. GEZE product solutions have received numerous awards and can be found in renowned structures all over the world. The company is represented by 31 subsidiaries, 27 of which are abroad, a flexible and highly efficient distribution and service network and more than 3,000 employees worldwide and generated revenues of over 430.4 million Euros in the 2017/2018 business year. www.geze.com

 

*Source: AETOSWire

 

 

Dubai, United Arab Emirates, 8 April 2019, (AETOSWire): The new 133-key Hilton Garden Inn Al Jubail has opened in Saudi Arabia’s commercial centre in Jubail, Dammam. It joins three existing Hilton Garden Inn properties in Saudi Arabia.

Helmed by Dewan Architects + Engineers as the Lead Consultant and designer of the project, the hotel building serves as a contemporary hospitality haven in the heart off Al Jubail, the industrial hub if Saudi Arabia. The hotel’s modern form is a new visual anchor for this emerging city. Set on the Jubail Corniche near the Jubail Commercial Port, the property is conveniently located between King Fahd Airport in Dammam and the Royal Commission of Jubail and its Industrial City.

“The completion of Hilton Garden Inn Al Jubail marks a key moment in this district’s transformation,” says Dewan Architects +Engineers Executive Director, Ammar Al Assam. “The hotel’s contemporary architectural expression reflects the spirit of its surroundings – a growing and constantly evolving city.”

Once a sleepy fishing village, today Al Jubail is the largest industrial city in the world and is also home to the Middle East's largest and world's fourth largest petrochemical company SABIC. The location of Hilton Garden Inn Al Jubail makes it easily accessible to some of the key companies working on projects in the region including Sabic, Sadara, Tasnee, Petro Kemya, Maaden, Marafiq, King Fahd Industrial Port, Dow Chemicals, Exxon, Total, Schlumberger, Saipem-Snamprogetti, Halliburton and Baker Hughes.

“We have already established a strong base in Saudi Arabia which is a market in which the firm has grown well in the last 12 years,” says Mr Al Assam. “Many of our projects in the Kingdom serve as a benchmark for future developments in the region. We are now even more excited about Saudi Vision 2030 which we plan to be a part of as we further cement our foothold in the Kingdom as leading architects and engineers.”

In line with Dewan Architects + Engineers’ “go green” initiatives, Hilton Hotels recently announced it is teaming up with Clean the World, an organisation that collects used soaps from hotels, melts them down, sanitizes them, and creates brand new bars of soap for people in need.

The eight-storey hotel, located on King Faisal Street East, offers 133 spacious guest rooms; a contemporary lobby overlooking the Arabian Gulf; modern meeting rooms (Najla and Dalal); the Panorama (Ladies) lounge; a stunning rooftop swimming pool with views over the Gulf; separate his and her gyms; and high-speed internet access. Guests can enjoy fine dining, themed buffets and weekend brunches at The Garden Grille restaurant, while the Garden Café offers snacks, beverages and outdoor shisha.

Hilton Garden Inn Al Jubail is a significant milestone in the realisation of Dewan’s larger growth plan for the Kingdom of Saudi Arabia with other major projects in the region including the recently completed 43 storey AKH Office Tower in Dammam, Al Reziza Office Tower in Khibar, Millennium Place Hotel, Riyadh, and Park Inn Hotels and Life Style Malls, in both Dammam and Riyadh.

About Dewan Architects + Engineers

Celebrating 35 years of design excellence, Dewan Architects + Engineers has been at the forefront of the Middle East's booming architectural and engineering design sector for more than three decades. Founder and current Chairman and Managing Director, Mohamed Al Assam, established the inaugural Dewan office in Abu Dhabi in 1984 and successfully completed Dewan's first high-rise commercial project, Baniyas Tower, in 1988, which cemented Dewan's presence as a major player in the regional architectural scene. In 1999, Dewan's Dubai design studio was established, and it has rapidly become a prominent and integral contributor to the emirate's burgeoning and iconic skyline. Dewan further entrenched its leadership market position by establishing new offices in Iraq, Kingdom of Saudi Arabia, Philippines, and Barcelona with plans to further establish offices in SE Asia and Africa. Today Dewan is recognized as a global multi-disciplinary practice, ranked as one of the top three firms regionally, and in the top 50 firms globally as rated by leading industry publications and its peers.

 

*Source: AETOSWire

The Maritime Standard launches 2019 Awards

 

Dubai, United Arab Emirates, 7 April 2019, (AETOSWire): Dubai-based publisher and events organiser, The Maritime Standard, has officially launched the Maritime Standard Awards 2019. The company has confirmed they will be held at The Atlantis, the Palm Dubai, on Monday, 21st October. This is the sixth time in a row that this famous and iconic venue has been chosen to stage the Awards, reflecting the high calibre and quality of the event.

The TMS Awards, widely accepted as being the leading event of its kind in the region, is a glamorous occasion which aims to recognise and reward exceptional performance and achievement within the maritime industry. Managing director, Trevor Pereira, says, “I am really looking forward to this year’s Awards and delighted to be returning to the Atlantis. It is always a joyous, celebratory occasion and I am sure October 21st this year will be no different.”

The Awards are attended by a ‘Who’s Who’ of the regional shipping, ports and related sectors. Around 750 senior executives and decision makers will once again gather for one night under one roof, creating unrivalled opportunities for networking with genuine decision makers.

The evening will witness the presentation of around 28 different awards, covering different aspects of the maritime industry. The Maritime Standard will be seeking nominations for these awards over the next few months.

The Maritime Standard Awards have since their inception been held under the patronage of H.H. Sheikh Ahmed Bin Saeed Al Maktoum, President, Dubai Civil Aviation Authority and Chairman Emirates Airline and Group. Clive Woodbridge, editor of The Maritime Standard, adds: “A highly qualified independent judging panel ensures that only the ‘best of the best’ are shortlisted and that the eventual winners are fully deserving of the accolade. As a result, the Awards are uniquely placed to recognise excellence and consistently high levels of performance in the ports, shipping, and related sectors.”

The 2018 Awards were hosted by the well-known BBC journalist Tim Wilcox, and this year another significant personality is being lined up to act as master of ceremonies. This individual will follow in the impressive footsteps of the likes of Ruud Gullit, Alistair Campbell, Jim Clancy, and Lara Dutta, who have fulfilled this role in previous years.

More information about the Awards, how to nominate, and attend, and sponsorship opportunities can be found on the website www.tmsawards.com

Editor’s Note:

                                                                                            

The Maritime Standard (TMS), which is based in Dubai, publishes a regular e-newsletter aimed specifically at the shipping and maritime community. It is delivered fortnightly, on the 1st and 15th of every month, and provides accurate, up-to-date news about the market. Over the past few years the publication has built up the largest readership of any shipping-related online newsletter in the Middle East and the Indian Subcontinent. It is also gaining popularity in other major shipping hubs, including Oslo, Hamburg, Singapore, London and Greece.

The newsletter includes news and analysis from the shipping and ports industries and related sectors in the Middle East and the Indian Subcontinent. Topics that are covered include tanker shipping, container operations, dry and liquid bulk trades, ro-ro, and cruise shipping. In addition, there is up to date information about regional terminal operations; port development; classification; ship repair and conversion; shipbuilding; ship agency; finance and insurance; maritime law; and transportation & logistics. The newsletter, which celebrated the publication of its 100th edition in 2018, regularly carries exclusives, analysis and interviews with top executives, and there are plans to include a special section on recent and forthcoming events, the industry’s ‘movers and shakers’ and other personality-led news.

TMS publishes the very successful TMS UAE Yearbook. The third volume covering 2018/19 was launched in July last year and the 2019/20 edition is all set to be unveiled in June 2019 at NorShippinhg in Oslo. Around 5000 copies are printed and distributed worldwide and have a high profile at partner maritime events, such as Posidonia, SMM, Norshipping, Dubai International Boat Show, Offshore Arabia and many more. The UAE’s Federal Transport Authority also takes the Yearbook with them to the events that they take part in and host over the year, as well as having copies on display at its headquarter in Abu Dhabi.

Covering key developments across the country’s maritime sector, the annual publication aims to publicise the UAE’s achievements both locally and internationally, through in-depth articles, researched first hand. These cover all the major sectors of the shipping, ports and maritime industry in the UAE. The articles, on terminals, shipping companies, shipyards, maritime law firms, classification, regulators and inland transport firms, among others, have been well received by the industry as a year-round reference point. The Maritime Standard UAE Yearbook is a must-read publication for everyone interested in UAE maritime issues.

The not-to-be missed The Maritime Standard Awards recognise and celebrate success in the shipping, ports and related sectors across the Middle East and the Indian Subcontinent. The sixth edition of TMS Awards will take place on Monday, 21st October 2019 at Atlantis, the Palm, Dubai.

These are the only Awards of their kind that represent all sectors within the maritime and shipping industries, a factor that has been evident since their inception. They are in particular the only Awards where all the major shipowners and operators from across the region are represented, something that TMS is extremely proud of.

The Awards are now firmly positioned as one of the world's leading shipping and maritime Awards gala dinners and are the premier event of their kind in the region. All of the five events to date have been held under the patronage of His Highness Sheikh Ahmed bin Saeed Al Maktoum, and have each attracted close to 700 of the region's elite shipping and maritime professionals, as well as a number of leading figures from overseas. These guests have come from a variety of industry segments, ranging from ports and terminal operators to ship owners and managers. Top executives from the worlds of maritime law and finance, classification, ship building and repair and maritime education and training are also in attendance, creating unrivalled networking opportunities.

All of the events have had distinguished master of ceremonies. Past MCs have included Alastair Campbell, Ruud Gullit, Jim Clancy, Lara Dutta and Tim Wilcox. The 2019 event will be hosted by a personality of equivalent caliber.

The 2018 TMS Awards saw 20 general awards presented, in line with the recommendations of an elite, independent judging panel, as well as a number for special individual awards recognising the contributions made by high profile industry leaders and innovators. The Awards have set a benchmark within the industry and have become an eagerly anticipated meeting place for top executives from across the market, as well as an opportunity to reward and recognise achievement at the highest level. The fourth Maritime Standard Tanker Conference will be held on the 22nd October 2019 at the Taj Hotel, Dubai. Attendees will include key decision makers and opinion formers who will be able to discuss the challenges and opportunities that exist, not just for ship owners and operators active in the tanker markets, but those delivering products and services to this sector of the shipping industry. The third TMS Tanker Conference took place on 16th October 2018 and was held for the first time at the Atlantis. The larger venue allowed for a record-breaking attendance of over 250 delegates. Presentations were given by many of the region's leading tanker owners and operators, as well as experts in related fields. High level delegations from ADNOC Logistics & Services, Bahri, KOTC, Oman Shipping, E-Ships, Shipping Corporation of India, Emarat Maritime and other leading players were present which include Dubai Maritime City Authority, Saifee Trading Est, JOME Engineering, DP World, DNV GL, Maritime Strategies International, LUKOIL Marine Lubricants, Marlink, Department of Seaports & Customs, Sharjah, Essar Ports, Dubai Trading Agency Group, Dubai Maritime City, etc. The event for the first time also received support from the leading industry body Intertanko, with chairman Nikolas Tsakos giving a keynote presentation.

Website: https://www.tmsawards.com/

The fourth Maritime Standard Tanker Conference will be held on the 22nd October 2019 at the Atlantis, the Palm, Dubai. Attendees will include key decision makers and opinion formers who will be able to discuss the challenges and opportunities that exist, not just for ship owners and operators active in the tanker markets, but those delivering products and services to this sector of the shipping industry. The third TMS Tanker Conference took place on 16th October 2018 and was held for the first time at the Atlantis. The larger venue allowed for a record-breaking attendance of over 250 delegates. Presentations were given by many of the region's leading tanker owners and operators, as well as experts in related fields. High level delegations from ADNOC Logistics & Services, Bahri, KOTC, Oman Shipping, E-Ships, Shipping Corporation of India, Emarat Maritime and other leading players were present which include Dubai Maritime City Authority, Saifee Trading Est, JOME Engineering, DP World, DNV GL, Maritime Strategies International, LUKOIL Marine Lubricants, Marlink, Department of Seaports & Customs, Sharjah, Essar Ports, Dubai Trading Agency Group, Dubai Maritime City, etc. The event for the first time also received support from the leading industry body Intertanko, with chairman Nikolas Tsakos giving a keynote presentation.

Website: https://www.tmstankerconference.com/

The fifth The Maritime Standard Ship Finance and Trade Conference will be held on the 6th November 2019 at Sofitel Abu Dhabi Corniche. The Conference brings together experts from the fields of shipping, ports, banking, finance, trade and maritime law, among others, to discuss and debate the key issues and trends facing the shipping business, and trade, in the Middle East and the Indian Subcontinent. The fourth TMS Ship Finance and Trade Conference took place at the Sheraton Abu Dhabi Hotel and Resort, on November 6th, 2018, building on the success of the previous three events. Speakers from various sectors shared their insights and knowledge through a series of presentations and panel discussions, illuminating the way forward. One of the highlights was a special ‘up close’ interview session with Hyperloop Transportation chairman, Bibop Gresta, and Sanjay Mehta who heads up S One Capital. 

Website: https://www.tms-shipfinanceandtrade.com/

*Source: AETOSWire

 

 

All flights in Istanbul, will be transferred to İstanbul New Airport by 6th April.  These news raised excitement in leading sectors of Turkish economy including aviation, tourism and real-estate.

Istanbul, Turkey, April 05, 2019:( AETOSWire) -- Istanbul Airport has been officially opened on 29th October 2018 and the mobilisation of the airport will be completed in the first week of April. İstanbul Airport will be one of the strongest airports of the world with annual 200 million passenger capacity.

Bayram Tekce, Chairman of Antalya Homes Emlak Inc., the leading real estate company that operates in different regions of Turkey, defined İstanbul Airport as new driving power for Turkish economy and real-estate sector.

“NOT JUST AN AIRPORT! İSTANBUL COULD BE AEROTROPOLIS!”

Tekce stated that İstanbul Airport is a strategically important project for Turkey by saying that such projects will increase brand value of İstanbul for more investment and this new airport will consolidate İstanbul as “HUB” in international civil aviation:

“Projections show that İstanbul Airport will employ approximately 225.000 people in 2025 $4.2 billion household income contribution. This mega project will approximately have 4.9% share in GNP. These numbers alone can reveal how important it is for Turkey”

“PROPERTY SALES TO FOREIGNERS WILL ACCELERATE WITH ISTANBUL AIRPORT”

İstanbul Airport, as one of the most important investments of Turkey, will positively contribute to real-estate and tourism sectors. Tekce explained that Turkey is top rank in property purchases by foreigners and foreigner interest will significantly increase in buying property in Turkey:

“Last year, in Turkey, 40.004 property was sold to foreigners. In first two months of 2019, sales  increased by 87% compared to the same period of previous year. This year, sales will accelerate even more with İstanbul Airport. İstanbul is top destination for foreigners to buy Property in Turkey.  Last year, 14.270 properties were sold to foreigners in İstanbul. We predict that this number will double in the next 3-years and reach 30.000 per year. We believe that we will have a success story with our offices in İstanbul, Antalya and Trabzon. “

Tekce expressed İstanbul Airport will be driving force of Turkish economy:

“According to PwC study in England, each 10% increase in country’s seat capacity in aviation has 1% contribution to short-term economic growth. Recent developments show importance of economic growth. PwC’s study alone reveals importance of İstanbul Airport”.

*Source: AETOSWire

 

Istanbul, Turkey, April 4, 2019, (AETOSWire): Istanbul’s 8th Consumer Court has ordered British luxury car manufacturer Jaguar Land Rover Company to pay damages in a court case relating to the company’s Range Rover Vogue model SUV. The Turkish court ruled that an engine safety hazard that was part of a manufacturing defect.

The case was first brought to court in 2013 when the owner of a brand-new Range Rover vehicle filed a complaint after his SUV had engine trouble and caught fire.  Gürol Law Office filed a lawsuit on behalf of their client, Engin Yakut, at the 1st Consumer Court of Istanbul with the file number 2014/1334. As a result of the lawsuit, pursuant to the decision given in the hearing dated 28/02/2019 regarding the file 2016/1029 in the 8th Consumer Court of Istanbul, it was ruled that ‘the lawsuit was accepted’ and that ‘the black Jaguar Land Rover Range Rover Vogue 4.4 vehicle with chassis number SALGA2JF4DA104851/engine number 0021762448DT was established to have been manufactured with defects in the factory’.

Cases of perpetuating testimony and defective goods replacement were opened in 2013, followed by a recall of defective vehicles in 2014. All legal action was consolidated into a single case in 2016. Following a series of correspondence between Turkey’s Ministries of Justice and Foreign Affairs and the British Embassy, Jaguar Land Rover sent legal representation to attend the Turkish court’s hearings.

After numerous investigations at Land Rover’s official distributor, a panel of 9 professors from Yildiz and Istanbul Technical Universities produced 3 expert opinion reports.

Dr. Candas Gürol, a Lawyer with Gürol Law Office, said in the trials: “We want to be asked about the case related to the vehicle's Distributor in Turkey, Borusan A.Ş., with a memorandum written regarding the same model to determine whether there are any further appeals about the vehicle.”

          

About Gürol Law Office

Gürol Law Office has been serving in İstanbul since 2011. Areas of activity include Criminal Law, Family Law, Intellectual and Industrial Property Law, Execution and Bankruptcy Law, Foreign Law, and Strategic solutions abroad. Gürol Law Office, which provides legal services in English,  carries out joint work with many law offices, academicians, financial advisors and auditing firms in Turkey and abroad.

 

*Source: AETOSWire

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