Business

B.R.A -DAY- is celebrated globally on a large scale, and health experts in the UAE are hopeful that it will soon become an annual event in the country too

 

Dubai, United Arab Emirates, 11 October 2018, (AETOSWire): When a 40-year-old, Maryam, an Arab national was diagnosed with advanced stage breast cancer, she found herself in the hardest battle of her life. Maryam discovered her condition when she visited her doctor for a regular check-up. What came next, left her devastated. She was diagnosed with cancer, which dwelled in her for several months. To add to her woes, what came next was even more distressing. Her breast surgeon suggested a mastectomy - amputating the entire breast to treat the cancer. While the pain of cancer was not enough, the idea of having a mastectomy shattered the young woman. However, her breast surgeon told her about the possibilities of breast reconstruction surgery at CosmeSurge, which not only would complete her breast cancer treatment, would help her dramatically improve her confidence.

 

“When the young woman came to us for a consultation on breast reconstruction, she sounded apprehensive and nervous. But once informed and well educated, she opted for the reconstruction procedure which she has no regrets about,” said Dr Dora Evangelidou, Consultant Plastic and Reconstructive Surgeon. Breast reconstruction surgery is a procedure used to improve reconstruct or recreate the shape of the breasts following mastectomy for breast cancer treatment. For cancer patients, this procedure provides the possibility of restoring the breasts to a natural and feminine shape and improving patients’ self-confidence. Breast reconstruction is among the most rewarding procedures post a mastectomy. Several studies indicate that breast reconstruction can dramatically improve a woman’s mood, feelings of attractiveness, relationships, and even success at work. Reconstruction can be done at a later date, however the trend in the western countries is to be performed at the same time with mastectomy. This not only allows for better aesthetic results but also it increases patient satisfaction rate and reduces physical and psychological downtime period. Patients don’t have to wake up anymore from breast cancer surgery and find themselves disfigured or amputated.  7 out of 10 Women with breast cancer in UK choose Immediate reconstruction and this can be achieved here in Dubai too, if we have a mandatory law that compels doctors to educate patients in advance.  

 

There many types of breast reconstruction but the one used more often in the whole world is the implant-based breast reconstruction.  “When this type is chosen, implants are used to reconstruct the breast mount where alternatively tissue from the same patient could be used instead of the implant.   It is a routine surgery and it usually adds less than one hour to a regular mastectomy surgery. Dr Dora Evangelidou is passionate about educating women regarding their reconstructive options and she stresses the importance of consulting a plastic surgeon with breast reconstruction experience as soon as the breast cancer diagnosis is set.

 

While the young Arab woman had an opportunity to opt for this treatment, it has been noted that only not every woman is aware of the possibilities of reconstruction, and the many options that are available to them. Research indicates that less than a quarter (23 percent) of women know the wide range of breast reconstruction options available to them and only 22 percent of women are familiar with the quality of outcomes that can be expected with breast reconstruction.  

 

With so much information and so many options often going unseen by many women struggling post-mastectomy, events like Breast Reconstruction Awareness (B.R.A) Day have taken shape across the world. The very first B.R.A Day occurred in Canada in 2011 to promote awareness of breast reconstruction options to the general public, and Dr Dora as an ambassador of BRA day in Rome 2014 under the patronage of the Canadian embassy is keen to promote Breast Reconstruction awareness here in the Emirates as well. Doctors in the UAE are hopeful that Breast Reconstruction Awareness Day will soon become an annual event in the country too.

 

*Source: AETOSWire

DUBAI, United Arab Emirates, 11 October 2018, (AETOSWire): Jehad International Medical Clinic (JIMC), a specialised medical service provider in Dubai, has achieved accreditation by the Joint Commission International (JCI) for the third time. This accreditation is for the medical facility’s commitment to demonstrate compliance with the global organisation’s quality and patient safety standards.

JIMC is an advanced clinic for the treatment of hemorrhoids and other ano-rectal diseases without conventional surgery. The clinic offers expertise by the first surgeon in the UAE to offer infrared rays and laser treatments for hemorrhoids, thus the patient can go home or to work after 10 to 15 minutes of the treatment.

 The JCI is the United States-based highest gold standard for medical facility benchmarking. The JCI re-accreditation for JIMC comes in recognition of the facility’s finest medical service and guaranteed patient safety standards.  

Commenting on achieving the international accreditation, Dr. Jehad al Masri, managing Director of JIMC, said, “We are very honored to receive the JCI accreditation for the third time. Jehad International Medical Clinic continues to provide the highest standard of care for our patients and this re-accreditation is a testament to the work done by our team of health care professionals. Our vision is to become one of the top five specialized clinics in the UAE expanding the service through a network of satellite clinics across seven emirates.”

“We continued to raise the standards of medical practice at the clinic by ensuring the systems for auditing and benchmarking are in place to monitor, review and improve the quality of team work. Individual performance review and ongoing professional practice evaluation is carried out annually for the purpose of assessing a practitioner clinical competence and professional behavior,” he added.

“We have implemented a performance measurement mechanism for the improvement and accountability of patient safety. We have also taken effective initiatives to improve awareness of the staff on patient safety and risks, to ensure that the staff members deliver safe, high quality patient care and continue to minimize risks,” said Dr. Jehad.

According to him, clinical audits are part of the continuous quality improvement process focusing on specific issues or aspects of health care and clinical practice. It consists of measuring a clinical outcome or a process, against well-defined standards set on the principles of evidence-based medicine.

“The advantage of our treatment is that he/she needs not to take leave from work, doesn’t need any kind of preparation for the treatment. The treatment is also the safest and cost-effective without any requirement for hospitalization and general anesthesia. Even elderly patients or persons suffering from diabetes, hypertension, and cardiac problems can undergo the treatment. It takes only one session of 10 to 15 minutes, so the patients can go back directly to their normal activities without a recovery period,” Dr Jehad concluded.

JIMC delivers high quality, effective and compassionate care to our patients and ensure its staff has the necessary skillsets, composition, knowledge and training to actively lead and pursue quality and excellence in healthcare.  

JIMC offers diagnosis and treatment of internal and external hemorrhoids, chronic fissures, anal fistula, pilonidal sinus and excess hemorrhoidal skin tag.

About JIMC

Jehad International Medical Clinic (JIMC), established in Dubai in 2000, is a general surgery clinic specializing in ano-rectal diseases such as hemorrhoids (internal and external), anal fistula & fissure, peri-rectal abscess, pilonidal cyst, genital warts and pruritus ani.

Established by internationally renowned surgeon Dr. Jehad al Masri, JIMC treated more than 40,000 ano-rectal cases with highly satisfactory results. Dr. Jehad is the first surgeon in the UAE to offer infrared rays and laser treatments for hemorrhoids, thus simplifying the whole process without the need for a conventional surgery allowing the patient to can go home or to work after 10 to 15 minutes of the treatment.

JIMC is a globally reputed clinic for painless, safe and effective non-surgical approach for anal disease treatment, catering to patients of different countries living in the UAE and arriving from other Gulf countries including Saudi Arabia, Bahrain, Qatar, Oman and Kuwait.

*Source: AETOSWire

Money supply fell 0.3 percent in August: Central Bank of Kuwait

KUWAIT CITY, Oct 11, (KUNA): Broad money supply (M2) declined by 0.3 percent in August compared with July, recording KD 37.9 billion ($125 billion), according to the Central Bank of Kuwait (CBK).

Private sector’s deposits with local banks in Kuwaiti dinars dropped by 0.5 percent in August to reach KD 33.5 billion (about $110 billion), the economic research department of CBK said in a statistical table, publicized on Thursday.

Deposits in foreign currencies rose one percent in August to KD 2.66 billion ($8.7 billion), bringing total private sector deposits to about KD 36.2 billion ($119.6 billion). Total balances of local banks’ demands on the central bank in Kuwaiti dinar, which is the bank’s July bonds, fell in August by 0.3 percent to reach KD 2.9 billion (some $9.6 billion) Local banks’ total assets fell 0.1 percent to KD 64.4 billion ($212 billion). Net foreign assets at local banks declined by one percent in August to KD 7.1 billion ($23 billion), while long-term deposits with the central bank declined by 1.7 percent in the same month to about KD 1.4 billion ($4.7 billion).

Balance of credit facilities for expatriates (the volume of bank credit granted) decreased by 0.1 percent in August from July’s level, reaching about KD 36.1 billion ($119 billion), while the average interest rate on treasury bills stood at oneyear high at 2.750 percent. Kuwait’s financing of imports declined 19.2 percent in August to reach KD 287 million ($947 million), while the average exchange rate of the US dollar against the dinar, also in August, rose 0.1 percent from July to 302.9 fils per dollar.

The central bank’s total value of assets fell by 0.4 percent in August to KD 10.5 billion ($34.3 billion), while CBK’s net foreign assets fell 0.4 percent to reach KD 10.1 billion ($33.3 billion).

Money supply is a term used to express the quantity and size of money traded in the economy and is divided into two main types of money supply in narrow sense (M1) and money supply in broad sense (M2). Narrow sense is a category of money supply that includes all physical money such as coins and currency, demand deposits and other liquid assets held by the central bank

Dubai, United Arab Emirates, October 09, 2018 (AETOSWire): The technology needs of insurance companies keep changing with the growing expectations of the end consumers. However, replacing existing systems to enhance process functionality is not an option for insurers which is why Beyontec has introduced a set of ready-to-use accelerator tools that fill the process gaps in core systems, in a compliant and cost-effective manner.

Beyontec Accelerators are pre-configured, tailor-made, real-time plug-in solutions that cater to the unique requirements of insurance companies. They integrate seamlessly into existing core systems, expanding their functionality and eliminate the need to replace existing systems with costlier options. Beyontec accelerators are currently implemented by many leading insurers to add new features and improve specific processes. Some of the ready-to-use accelerators introduced by Beyontec are:

Risk Accumulation Accelerator: A tool that helps visualize and map risk-exposure to take more informed underwriting decisions.

Financial Analytical Accelerator: A must-have tool for CFO’s as it helps configure adhoc or specific analysis and reports, as required by regulators and the company board.

Accelerator Portals: A set of self-service portals that help extend your business on the web and caters to brokers, customers, re-insurers, surveyors, garages, pharmacies and the company employees.

EVG Accelerator Bot: This easy-to-operate and quick-to-deploy bot helps insurers in the UAE region be EVG compliant while eliminating human errors and reducing cycle-times.

Claims Recovery Accelerator: A tool that makes the process of claims recovery between insurance companies transparent, faster and more efficient by minimizing manual intervention and paper work.

AML Accelerator Bot: This bot helps insurance companies validate the personal as well as financial details of the insured before offering quotes, ensuring AML compliance.

“With our many accelerator solutions, we help insurers enhance the functionality of existing systems by adding new processes or filling process gaps in current systems. These tailor-made accelerators can be easily integrated in to any existing system, to enhance the core functionality and efficiency while complying with regulatory requirements.  The accelerators give insurers the much-needed competitive edge with improved functioning and reduced operational costs.” concluded Vivek Sethia, Co-founder at Beyontec Solutions DMCC.

ABOUT BEYONTEC:                                                                     

Beyontec Solutions is a global insurance solution provider, addressing all aspects of insurance business including general insurance, takaful, life, medical insurance and insurance broking. The Beyontec Suite a workflow driven, highly configurable solution from Beyontec is designed to provide end-to-end solutions addressing the business needs of insurers. Our diverse insurance experience and knowledge has enabled us to create solutions that incorporate the world’s best insurance practices. Supported by experienced insurance professionals and support centers equipped with secure infrastructure, we provide the best service and support to global insurance companies. For more information, visit www.beyontec.com

 

* Source: AETOSWire

WILSONVILLE, Ore.--(BUSINESS WIRE/AETOSWire)-- FLIR Systems, Inc. (NASDAQ: FLIR) today announced the FLIR Black Hornet® Vehicle Reconnaissance System (VRS), featuring the Black Hornet 3 nano-unmanned aerial vehicle (UAV) designed for global military, government agency, and first responder vehicle-mounted operations. The Black Hornet VRS is based on an adaption of the unique Black Hornet Personal Reconnaissance System (PRS), the world’s smallest combat-proven nano-unmanned aerial system (UAS). Black Hornet VRS enables the warfighter to maintain situational awareness, threat detection, and surveillance for battle damage assessment, pre-deployment and route and point reconnaissance, and targeting information without the need for warfighters to exit a vehicle.

The Black Hornet combines with the VRS to create a real-time situational awareness (RSTA) airborne system for warfighters protected inside a vehicle. The Black Hornet VRS includes a launch unit that holds multiple Black Hornet 3 UAVs and mounts to the exterior of any military vehicle, including armored personnel carriers, infantry fighting vehicles, and light utility vehicles. Operators inside a vehicle can use an integrated battle management system or only a display to launch and fly the Black Hornet 3 on its mission. The complete system is easily integrated with modern battlefield management systems and is vehicle platform independent.

Since 2011, the Black Hornet PRS has been fielded by more than 30 nations and continues to represent the cutting-edge in combat nano-UAS space. The Black Hornet PRS enables small combat units, SWAT teams, and first responders with immediate intelligence, target-acquisition and reconnaissance capability. FLIR launched the Black Hornet 3, the latest version of the Black Hornet UAV, earlier this year, which offers improved speed and distance compared to previous versions.

“The Black Hornet Vehicle Reconnaissance System brings unique situational awareness and understanding to vehicle operators, and provides our warfighters improved safety on the battlefield,” said Jim Cannon, President and CEO of FLIR. “The Black Hornet 3-powered VRS is representative of the company’s new focus on delivering full-solution technology, and we look forward to playing a role in helping modernize our military customers.”

The Black Hornet VRS is sold directly through FLIR or FLIR vehicle original equipment manufacturing partners as part of an overall battle management or targeting system. It is available today to military, government agencies, and law enforcement customers. The Black Hornet VRS and Black Hornet 3 will be demonstrated at AUSA 2018 in Washington DC from October 8 – 10 in the FLIR booth #724. For more information about Black Hornet VRS, visit www.flir.com/blackhornet.

About FLIR Systems, Inc.

Founded in 1978 and headquartered in Wilsonville, Oregon, FLIR Systems is a world-leading maker of sensor systems that enhance perception and heighten awareness, helping to save lives, improve productivity, and protect the environment. Through its nearly 3,500 employees, FLIR's vision is to be "The World's Sixth Sense" by leveraging thermal imaging and adjacent technologies to provide innovative, intelligent solutions for security and surveillance, environmental and condition monitoring, outdoor recreation, machine vision, navigation, and advanced threat detection. For more information, please visit www.flir.com and follow @flir.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181008005192/en/

*Source: AETOSWire

Newly appointed local market leader, Gabriel Chahine, joins from Strategy&, team to be expanded and new Riyadh office opening.

DUBAI, United Arab Emirates--(BUSINESS WIRE/AETOSWire)-- AlixPartners, the global consulting firm, today announced significant plans to expand its presence in the Gulf with the appointment of Gabriel Chahine to the role of local market leader. Gabriel joins AlixPartners with a remit to build the firm’s business across the region with an enhanced focus on the Kingdom of Saudi Arabia (KSA) where AlixPartners will shortly be opening an office in Riyadh. In his new role Gabriel will be responsible for delivering AlixPartners’ expertise to assist both private sector and governmental entities as they contend with their most critical and complex challenges, including urgent performance improvement, accelerated transformation, complex restructuring and risk mitigation.

Gabriel Chahine brings over 25 years of consulting experience gained at Accenture and latterly Strategy& (formerly Booz & Company) where he has served in a number of leadership roles for the past 20 years. A specialist in helping businesses and their stakeholders manage high stakes complex transformations, Gabriel has experience across a wide range of consumer facing industries including telecoms, media, healthcare, consumer products and retail. In addition to his industry expertise he has also worked on numerous government sponsored projects including privatisations and creating corporate organisations from state run concerns. A fluent Arabic speaker he holds both a Batchelor’s and Master’s degree in engineering from McGill University, Canada and an MBA from INSEAD, France.

Commenting on his appointment Gabriel Chahine said: “I am excited to be joining AlixPartners at a key stage of the firm’s development in the Gulf region. Having worked in the market here for many years it is clear that in a crowded generalist consulting market, AlixPartners’ specialist focus on leading businesses through transformational situations is a real point of difference and something clients value highly. There is a significant opportunity to deploy these skills to assist both corporate and governmental entities accelerate their transformation processes as well as supporting new market entrants to make impact quickly. I am very much looking forward to working with Max Coqui as we deliver AlixPartners’ unique offering and recruit new senior talent into our existing Dubai and forthcoming Riyadh offices”.

Michael Baur, Regional Business Unit Leader EMEA at AlixPartners added: “We are delighted to welcome a leader of Gabriel’s calibre and in-market experience to AlixPartners. Our EMEA business continues to show excellent growth and we have ambitious plans for the Gulf region within it. The KSA in particular presents a significant opportunity and the opening of our office in Riyadh, which we anticipate concluding formally by the end of the month, greatly enhances our ability to assist our clients in that market. As local market leader Gabriel has a remit to grow our team and I look forward to welcoming more top talent for the benefit of our clients throughout the Gulf region over the coming months”.

About AlixPartners

AlixPartners is a results-driven global consulting firm that specializes in helping businesses successfully address their most complex and critical challenges. Our clients include companies, corporate boards, law firms, investment banks, private equity firms, and others. Founded in 1981, AlixPartners is headquartered in New York, and has offices in more than 20 cities around the world. For more information, visit www.alixpartners.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180924005766/en/

Source: AETOSWire

 

“With CIMA, management accountants can better understand not only finances, but the key drivers of strategy and performance.”

 

Dubai, United Arab Emirates, 26 September 2018, (AETOSWire): Knowledge is power, and more knowledge allows one to make better decisions. For Endre Szakacs, the desire to equip himself with relevant knowledge is what ultimately drove him to pursue his Chartered Institute of Management Accountants (CIMA) qualification via the C-suite programme.

 

“The most interesting part of my role is to really understand the key drivers of the company’s performance and to identify trends in the market. On a regular basis, these findings need to be reviewed and carefully considered in order to direct the regional strategy of the company,” says Endre from Dubai, where he functions in his role as Business Manager at Credit Agricole’s Corporate and Investment Bank.

 

“When I researched the CIMA qualification, I saw that it would help me a lot in this,” he adds.


Endre’s career has taken him to interesting places. He started his career at Credit Suisse in London in 2006, before joining Credit Agricole’s Corporate and Investment Bank in 2015 in Dubai. He first came across CIMA when he wanted something different to the accountancy qualifications that his colleagues and friends sat for.

 

After much research, he decided on CIMA because CIMA was not just about “numbers and accounting”, but its syllabus enables students to have a strategic insight into a company. “My friends work in various banking positions, from management, finance, COO, audit to product control. I discussed with them their experiences while also researching on it myself, and finally decided that I wanted to get my Chartered Global Management Accountant (CGMA) designation,” he explains.

 

“In my work, I work with lots of information. The world today is all about data. With this data, we make decisions to drive the business. There are so many considerations to take into account, such as legal, risk, audit, front office and so on. CIMA allows me to even better understand the big picture,” Endre adds.

 

Endre was able to obtain his CIMA qualification within a short space of time because his experience allowed him to enter the C-suite programme. Under CIMA’s eligibility, the C-suite is open to executives such as CFOs and senior management personnel who have had 10 years’ of relevant work experience in finance functions. He received his CGMA designation almost immediately after passing his examination.

 

What impressed him most about the CIMA programme? “CIMA frames their topics and case study discussions very well. In our day-to-day jobs, these considerations are very real and relevant to us. The material speaks exactly about how these topics affect our decision-making every day, it’s about real life scenarios,” says Endre.

 

Throughout the programme, Endre also enjoyed the experience of mingling with professionals from different industries, which provided him with lots of value as a Business Manager. Mainly, he saw the different approaches that other finance professionals took to solve their problems, especially those from different industries.

 

“For example, the finance and banking professionals brought a more compliance-oriented perspective, while other professionals such as from oil and gas and transportation looked at problems from a more business-driven perspective. I met a lot of interesting people during the programme, and I hope we keep in touch,” he recalls.

 

Endre says that going back to studying required some adjustment for him, but it wasn’t a problem in the end. “It was like an extended university exam, though it has been a long time since my last university sitting!” he says with a laugh. “At the beginning, I felt it would be a huge challenge as I could only spend hours in the evenings and maybe half or one day during the weekends to study. I felt that I wouldn’t have enough time to cover all the topics before the exam, but I managed to revise all the required areas and topics.”

 

“The questions were very well-structured and straight to the point,” says Endre, adding that the mock papers helped him tremendously because the papers were from the previous years’ exams. “But some of the questions were also tricky – you needed to understand what it really was that they wanted. If you follow the mock papers, the exam shouldn’t be a problem.”

 

His biggest takeaway is the skills that he has gained during his CIMA time as well as his membership in CIMA, which he considers extremely valuable. “CIMA helps me in identifying new strategic ideas and opportunities, not only to gain more market share or increase profitability, but to streamline and rationalise internal processes and controls,” he says. “I am now a member of a global accountancy organisation that is well-known and recognised everywhere.”

 

Endre says that he would recommend the CIMA qualification to management accountants wanting to distinguish themselves for the future. “Management accounts have the ability to not only understand the finances, but to oversee the whole organisation. Today, computers and software can take care of the majority of the finance requirements without too much human touch. As a consequence, accountants need to understand not only finances, but the key drivers of strategy and performance.”

 

“I would certainly recommend this qualification for any management accountant looking to get their career to the next level!”

 

About The Association

The Association of International Certified Professional Accountants (the Association) is the most influential body of professional accountants, combining the strengths of the American Institute of CPAs (AICPA) and The Chartered Institute of Management Accountants (CIMA) to power opportunity, trust and prosperity for people, businesses and economies worldwide. It represents 667,000 members and students in public and management accounting and advocates for the public interest and business sustainability on current and emerging issues. With broad reach, rigor and resources, the Association advances the reputation, employability and quality of CPAs, CGMAs and accounting and finance professionals globally.

 

About CIMA

The Chartered Institute of Management Accountants (CIMA), founded in 1919, is the world’s leading and largest professional body of management accountants, with members and students operating in 177 countries, working at the heart of business. CIMA members and students work in industry, commerce, and the public sector and not-for-profit organisations. CIMA works closely with employers and sponsors leading-edge research, constantly updating its qualification, professional experience requirements and continuing professional development to ensure it remains the employers’ choice when recruiting financially-trained business leaders.

 

About CGMA

CGMA is the most widely held management accounting designation in the world. It distinguishes more than 150,000 accounting and finance professionals who have advanced proficiency in finance, operations, strategy and management. In the U.S., the vast majority are also CPAs.  The CGMA designation is underpinned by extensive global research to maintain the highest relevance with employers and develop competencies most in demand. CGMAs qualify through rigorous education, exam and experience requirements. They must commit to lifelong education and adhere to a stringent code of ethical conduct. Businesses, governments and nonprofits around the world trust CGMAs to guide critical decisions that drive strong performance.

 

 ----------------------------------------------------------------------------------------------------------------

Issued by The Association of International Certified Professional Accountants (the Association)

 

* Source: AETOSWire

5.png

login with social account

Images of Kids

Events Gallery

PIK Directory

 

Currency Rate

/images/banners/muzainirate.jpg

 

As of Tue, 19 Mar 2019 00:43:03 GMT

1000 PKR = 2.221 KWD
1 KWD = 450.207 PKR

Al Muzaini Exchange Company

Go to top