Business

 

Dubai, United Arab Emirates, 29 January 2019, (AETOSWire): TruDoc 24x7, the MENA’s leading 24x7 Population Health Management Provider, participated at this year’s Arab Health, which took place at the Dubai World Trade Centre, from 28 - 31 January, to showcase their new 24x7 Population Health Management Solution including the 24x7 Virtual Clinic Booth, which allows patients to connect with full-time licensed doctors for reliable medical advice.

The current health care market has reached unmanageable levels, where unnecessary over utilization has led to perpetual increase of medical insurance premiums. In addition to the financial impact, there are serious potential clinical damages due to unnecessary clinical procedures and or medications.

“TruDoc 24x7’s aims to align consumers/employees and payers/employers by having full time doctors who are paid a salary with no incentives and who tell patients what they need not what they can afford through NHS International Guidelines” added Raouf Khalil, CEO & Founder of TruDoc24x7.

After realizing that, in healthcare, virtual services alone aren’t enough to change consumer behavior, TruDoc 24x7 transitioned from its previously recognized brand of Mobile Doctors 24-7, which was a basic telemedicine provider to a comprehensive 24x7 Population Health Management company. This new strategy and whole gamut of entry point solutions has allowed the company stratify its members and ensure they are directed to appropriate level of care as well as avoid unnecessary overutilization, thus achieving the appropriate balance between quality and cost, as it has been concluded that $40 billion of Arab world’s spending on healthcare is wasted.’

According to the American Medical Association ‘70% of non-life-threatening conditions could be resolved by speaking to a doctor over the phone. TruDoc’s 24x7 Population Health Management (PHM) Solution provides members with 24x7 access to comprehensive service solutions for healthy, acute or chronic conditions, whilst they are travelling via its mobile application, at the office through an on-site Virtual Clinic Booths, or at home via a Hospital at Home Program including 24x7 telemonitoring.

The company also provide Chronic Disease Management Programmes for conditions like Diabetes, Hypertension, Hyperlipidemia and Lower Back Pain to name a few along with second opinion service from medical consultants and experts recognized in their fields globally. The company’s PHM ensures the alignment of consumers/employees and payers/employers by informing patients the truth about what they need not what they can afford in accordance to international guidelines. TruDoc 24x7’s doctors are paid a flat salary with no incentives. This is truly a concierge service that actually saves money and ensures the right balance between quality and cost. In addition, TruDoc 24x7 shares the clinical and financial outcome reports along with utilization trends and analytical recommendations for increasing Return on Investment.

*Source: AETOSWire

Sharjah, United Arab Emirates, January 20, 2019, (AETOSWire) -- Crescent Petroleum, the Middle East's first and largest private exploration and production company, has signed a memorandum of understanding (MoU) with the Local Organizing Committee (LOC) for Special Olympics World Games Abu Dhabi 2019 to sponsor the World Games taking place 14-21 March, underscoring its commitment to empowering people of determination and encouraging their inclusion in all aspects of life in line with the Year of Tolerance.

Crescent Petroleum is an Official Supporter of the Games, an has committed to provide financial support as well as volunteers and specialised care workshops for parents of World Games athletes in collaboration with its non-profit sister-organisation, High Hopes Pediatric Therapy Center.

Crescent Petroleum has long supported causes related to people of determination, with a focus on projects that enable people with special needs to develop, progress and live fuller lives. Crescent Petroleum’s sister organisation, High Hopes, is an early intervention paediatric therapy centre based in Dubai that caters to children with special needs up to 14 years old, helping them develop, progress, and lead fuller lives under the supervision of the most experienced and specialised therapists. The not-for-profit centre offers a holistic solution for parents from across the region and regularly holds expert talks, training sessions, and workshops in addition to participating in conferences to build greater awareness of special needs in the region.

“We are proud to be sponsoring the Special Olympics World Games and supporting a cause that is integral to our goals and dear to our hearts,” said Majid Jafar, Chief Executive Officer of Crescent Petroleum. “The empowerment of people with determination is central to our community efforts, and in this, the Year of Tolerance, it is an important initiative to support. We aim our efforts to further the cause of inclusion and help people of determination to become thriving, contributing members of society.”

Under the patronage of His Highness Sheikh Mohamed Bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE’s Armed Forces, Special Olympics World Games Abu Dhabi 2019 is an integral part of local, national and regional plans to expand opportunities for people of determination in line with Abu Dhabi and the UAE’s shared vision of a unified and inclusive society.

Khalfan Al Mazrouei, Managing Director of Special Olympics World Games Abu Dhabi 2019, said: “With two months to go, excitement is building across the UAE and across the world as preparations for the World Games reach their closing stages. It is great to have the support of so many organisations across the UAE who together will help us to deliver the biggest and most inspirational event this country has ever hosted.

“Volunteers are the backbone of the Games, and with the support of volunteers from organisations like Crescent we will ensure Abu Dhabi 2019 is an unforgettable experience for thousands of athletes, families and fans from around the world.”

The MoU was signed on the sidelines of Walk Unified, a walk organized by the LOC at Khawaneej Mamsha in Dubai on Tuesday evening. Walk Unified is an inclusive community initiative where people with intellectual disabilities and those without walk alongside each other in celebration of a more unified world.

Special Olympics World Games Abu Dhabi 2019 is the largest sports and humanitarian event in the world this year, welcoming more than 7,500 athletes from 192 nations to the UAE.

 

About Crescent Petroleum:                                            

Crescent Petroleum is the first and largest private exploration and production company in the Middle East, with over 48 years of experience as an international operator in numerous countries including Egypt, Yemen, Canada, Tunisia, and Argentina, in addition to its continuing operations in the United Arab Emirates and Iraq. 

Headquartered in Sharjah in the UAE, Crescent Petroleum has international offices in the UK and three locations across Iraq, as well as affiliated offices in Egypt and Bahrain. Crescent Petroleum is also the largest shareholder in Dana Gas, the Middle East’s first and largest regional private-sector natural gas company.

www.crescentpetroleum.com

About High Hopes Pediatric Therapy Center

High Hopes is an Early Intervention Pediatric Therapy Center based in Dubai that caters to children with special needs from the ages of 0 - 14 years old. It is a place where these very special kids can develop, progress, and also have fun under the supervision of the most experienced and specialized therapists. The not for profit center offers a holistic solution for Dubai parents who would otherwise have to travel to disparate locations to deliver the right combination of service and care for their special needs children.

https://www.highhopesdubai.com

About Special Olympics World Games Abu Dhabi 2019  

Under the patronage of His Highness Sheikh Mohamed Bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE’s Armed Forces, Special Olympics World Games Abu Dhabi 2019 is an integral part of local, national and regional plans to expand opportunities for people of determination in line with Abu Dhabi and the UAE’s shared vision of a unified and inclusive society.

Special Olympics World Games Abu Dhabi will be the largest sports and humanitarian event in the world in 2019. From 14 – 21 March, over 7,500 athletes and 3,000 coaches representing 192 countries will participate in 24 officially sanctioned Olympic-style sports in world-class venues throughout Abu Dhabi.‫ 

The first ever Special Olympics World Games to be held in the Middle East and North Africa will also be the most unified Games in the 50-year history of the Special Olympics movement, with inclusion of people of determination with intellectual disabilities in every aspect of the event. 

For more information on Special Olympics World Games Abu Dhabi 2019, including volunteer and sponsorship opportunities, visit abuDhabi2019.org or follow us on Facebook, Instagram and Twitter.

*Source: AETOSWire

Dubai, United Arab Emirates, 20 January 2019, (AETOSWire): Dewan Architects + Engineers has for the 10th consecutive year received top honours from the prestigious UK industry publication Building Design Magazine.

 

Every year Building Design (BD) surveys the world's biggest architecture practices to create a report that is one of the most respected annual publications in the industry. Coming in at number 45, this is the second consecutive year that Dewan Architects + Engineers features in the top 50 of the list.

 

As one of the region's leading architectural and engineering consulting firms, Dewan Architects + Engineers is recognised not only for being one of the largest architecture and engineering practises in the Middle East – with key markets in UAE, KSA and Iraq – but also for its extensive work in Europe and Africa, where it is working on hospitality and education projects including hotels for the Kempinski group in Ivory Coast and the Republic of Congo.

 

Speaking of the firm’s delight at once again making it to the top 50 of the list, Mohamed Al Assam, Founder and Chairman of Dewan Architects + Engineers – who recently scooped the the impressive seventh position on the Middle East Architect Power List 2019 – said: “We are thrilled to receive this recognition for our continued contribution to the architect and engineering industry both within the Middle East and further afield,” he said.

 

“In order for our industry to thrive – especially when moving into new territories – architecture must be dexterous, compliant and, above all, imaginative. We believe that Dewan Architects + Engineers is amply fulfilling this brief, and it is always a good feeling when other industry professionals recognise this,” he added.

 

The Big List, which profiles the world's largest architectural practices, is part of an annual survey commissioned by Building Design – a publication widely recognized as architects' number one destination for news, comment and opinion of more than 2,000 firms worldwide, which are evaluated and ranked based on presence in the sector and region, as well as on the number of architects employed.

   

 

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

 

TALLINN, Estonia--(BUSINESS WIRE/AETOSWire)-- Gen (ret) Riho Terras who served as the Commander of the Estonian Defence Forces for 7 years and retired in December 2018 joins the team of one of the leading unmanned warfare systems developers Milrem Robotics to head up its Defence Division.

General Terras’ main responsibilities will be establishing Milrem Robotics’ international business development and program support teams, leading the process of gaining a strong foothold in the defence market and bringing end-user specific know-how to company’s strategic R&D activities.

“General Terras’ strong background and experience put him in a good position to grow the company’s international presence and build up our teams worldwide,” explained Kuldar Väärsi, CEO and owner of Milrem Robotics. “Our goal is to be the first choice in every upcoming ground robotics program worldwide,” he added.

“I have gained significant knowledge and built up an international network during my seven years as the CHOD of Estonia and as a member of the Military Committee of NATO and EU. My special fields of interest have been development of disruptive and cyber technologies,” said General Riho Terras.

Gen Terras also worked intensively during the Estonian EU presidency in order to launch Europe’s defence technologies development and PESCO.

“In the last 10 years Estonia has been able to establish a forward looking modern defence industry with ground breaking technologies such as Milrem Robotics’ THeMIS unmanned ground vehicle,” Gen Terras added.

Gen Terras will also be leading the Defence capabilities development in EDIDP program Modular Unmanned Ground Systems (MUGS) led by Milrem Robotics. The project’s objective is to increase situational awareness and force protection of ground units, lighten soldier’s workload, enable faster deployment, increase interoperability and affordability of the ground forces.

In the next five years Milrem Robotics plans to expand significantly. In January Milrem Robotics opened a subsidiary in Sweden in order to engage skilled and experienced engineers.

“The ground robotics market is in the beginning of exponential growth and our products are very well placed. We foresee significant growth of turnover in 2019 and the number of employees will grow from 85 in 2018 to more than 130 this year,” said Kuldar Väärsi.

The company also targets the commercial market (rescue services, border guard, mining and agriculture industries) under the trademark Sinrob (Singular Robotics).

About Milrem Robotics

Milrem Robotics is an Estonian company with the primary focus of manufacturing unmanned ground vehicles, developing robotic warfare solutions and performing concept of operations and doctrine level warfare analysis. Milrem Robotics has partnered up with some of the most distinguished industry leaders such as Lockheed Martin, Raytheon, MBDA, QinetiQ, Nexter, KMW, Diehl Defence, Kongsberg, ST Engineering, FN Herstal, Safran, CNIM, EOS, Tencate etc.

The company’s main product is the THeMIS unmanned ground vehicle that can be used for a variety of defence applications.

 

*Source: AETOSWire

Dubai, United Arab Emirates, 22 January 2019, (AETOSWire): Most men are ready to grow moustaches, but the fear of spotting a white hair might shun the thought for many. To ensure that white hair doesn’t sap the self-image of the individual, CosmeSurge in Abu Dhabi has introduced an advanced preventive as well as a curative measure against hair whitening.

“It is normal for hair colour to change as people age, but white hair can appear almost any time in life. Even teenagers and people in their early 20s may notice stands of white hair. To ensure that white hair doesn’t embarrass individuals amongst their peers, we’ve introduced an advanced option of laser treatment, the first of its kind in the UAE to wither away white hair,” said Dr Salwa Abo Rashed who serves as a specialist dermatologist at CosmeSurge.

The advanced laser treatment at CosmeSurge is suitable to eliminate white hair from moustache, beard and all other sensitive areas. The procedure is not only safe, but has very little downtime and can permanently shrunk the growth of white hair after 3-4 repeated sessions. The laser treatment uses electrolysis hair removal technique, which pulls out the white hair follicles, making the area free of white stands.

“Over the years, men have become increasingly conscious of their looks, and I would say that eliminating white hair and being well-groomed is the need of the hour. It’s a confidence booster and certainly makes one feel good about themselves,” added Dr Salwa.

Dr Salwa explained that a lot of her patients are men aged between 18-40 who want to look their best, but there are several others who are over 45 and meticulous about how they look. She explained that 10 years ago, men made up 25 percent of patients who opted for cosmetic procedures. Now, they make up around 65 percent. The number of male patients is growing at 2:3 times the rate of women. That is a trend nationwide. In his opinion some of the most popular procedures are liposuction, eyelid tucks, facelifts, hair removal by laser, wrinkle removal and breast reduction. According to Dr Sawla, invasive surgeries are fading out and minimally-invasive procedures now comprise xxx per cent of cosmetic procedures.

“While men are now open to cosmetic procedures, most of them want to opt for non-invasive ones as they don’t want to deal with the downtime and costs associated with surgical procedures. Hence, most of them opt for quick solutions as weight loss contouring CoolSculpting, face-lifts, liquid nose jobs, etc. A lot of them also opt for Vitamins via an Intravenous (IV) Vitamin Infusion,” added Dr Salwa.

It has been noted that Lebanon and the UAE rank first in terms of plastic surgeries performed on men. While there are several factors that drive men to opt for cosmetic procedures, some men also prefer to undergo these new forms of treatments to look glamorous.

“Men typically want to look like younger versions of themselves, but there are several patients who get this procedure aspiring to look like Brad Pitt, Tom Cruise, George Clooney, Ben Affleck and several other popular stars. Many of them are inspired to look the way these celebrities look. However, we always advise our patients what’s the best we can offer as far as a transformation is concerned. This not only sets the expectation well, but also helps them feel satiated after the procedure is complete,” said Dr Salwa.

Dr Salwa said that with most men looking at celebrities for inspiration, the macho mouth is one of the most popular procedures in recent time. The stigma once attached to cosmetic procedures is now disappearing, offering the cosmetic industry a new set of customers.

About CosmeSurge

Founded in 2002, CosmeSurge is one of the region’s most trusted brands for cosmetic and aesthetic procedures. It offers modern, high quality dermatology and plastic surgery treatments, in addition to dentistry services at thirteen clinics located all across the GCC. In the UAE, CosmeSurge’s clinics are located at Dubai, Sharjah, Abu Dhabi, Al Ain, Ras Al Khaimah, and Fujairah. Outside the UAE, the clinic has its presence across Oman-Muscat, as well as on London’s Harley Street. Continuing its expansion, CosmeSurge aims to forge partnerships with leading experts in Los Angeles and other overseas cities.

While each clinic is staffed with highly qualified plastic surgeons, dermatologists and aestheticians, the state-of-the-art facilities at CosmeSurge provides over sixty cosmetic treatments for different areas of the body.

*Source: AETOSWire

KUWAIT CITY, Jan 10: Local banks have identified a mechanism that includes seven measures to prevent counterfeiters and fraudsters from obtaining bank loans with a warning message posted about them on the Credit Information Network, reports Al-Qabas daily.

The banks said during a recent meeting which was held at the request of the Central Bank of Kuwait, the details of which have been acquired by the daily indicated that in the event of detecting fraud documents presented for funding while initiating a submission to the Public Prosecution, will do the following:

■ Add a message by the bank in the warnings section on the front page of the credit information report ‘forged documents’ whether the person is a bank customer or applying for a loan in another bank.

■ After the communication has been forwarded to the court, the warning box is updated by adding the automatic number of the case.

■ In the case of final judgment, the warning box will be updated with the addition of a message stating that a forgery has been issued.

■ In the event of fraud, with a debt owed to the bank when a complaint is filed with the Public Prosecution, the following shall be carried out: ■ Add a message by the bank in the warnings section on the front page of the Credit Information Network saying ‘Counterfeit Documents’

■ Change the debt situation to ‘fraud’

■ After the communication has been forwarded to the court, the warning box is updated by adding the automatic number of the case and in the case of a final judgment, the warning box will be updated with the addition of a message stating that a forgery has been issued. The banks suggested the debt situation be treated like the cases of customers against whom they have been subjected to legal proceedings for a period of 3 years, while the warning message will remain based on the credit information network report.

Sources said, in this context, a way will be discovered to communicate with government agencies that are not covered by the integrated system of civil service information, whether governmental or private sector. The Central Bank of Kuwait has directed banks to the need to develop a mechanism to prevent fraud by providing forged papers to obtain credit financing for borrowing from banks again.

The central bank has also asked the banks to study and develop the required executive procedures on how to include the credit data available by SaiNet network from customers who have already submitted forged documents at any of the banking and financial units in order to obtain credit financing.

Boursa Kuwait results on Jan 13

KUWAIT CITY, Jan 12, (KUNA): Kuwait Finance House (KFH) said that credit from the Kuwaiti banking sector rose by three percent in November. The volume of credit granted last November was KD 36.6 billion ($119 billion) compared to KD 35.5 billion ($116 billion) in November 2017, KFH said in a report issued Saturday.

The assets of personal credit facilities achieved the highest rise in value in November to reach about KD 589.4 million ($1.9 billion), an increase of four percent compared to November 2017, it added. It noted that the credit facilities amounted to KD 15.5 billion ($50.9 billion), representing 42.5 percent of the total credit granted last November.

The statement pointed out that the facilities for the crude oil and gas sector increased by 4.14 KD billion ($1.4 billion) by 32.6 percent while the facilities for the industry sector grew by KD 37.2 million ($122 million). The decline in the facilities directed to some economic sectors on an annual basis and financial institutions other than the banks, the highest recorded a decline in value by about KD 173.8 million ($3,571 million) by 13.3 percent, the statement said.

It noted that the personal credit facilities constitute the largest share of the volume of credit facilities, accounting for 42.5 per cent of the total credit granted in November compared to 42.1 per cent in November 2017.

Boursa Kuwait will be announcing the first annual results of the segmented markets for listed companies, according to the rules and regulations stipulated in the Rule Book, said a statement by the national bourse Saturday. The results will be announced after the market closure on Sunday, Jan 13, 2019 on the Boursa Kuwait official website, statement indicated.

The annual review is to be conducted on an annual basis, according to the regulatory and organizational framework of the Rulebook, put in place by Boursa Kuwait to govern all operational aspects of the stock exchange, added the statement. Boursa Kuwait introduced the three-tiered segmented market last year, creating a Premier, a Main and an Auction market, each with unique characteristics and requirements.

This entailed the elimination of the parallel market and the main market, whereby all listed companies have been redistributed based on the three new different market segments. An annual review will be conducted to ensure that each company meets the specific criteria and requirements of the market it falls under.

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