Tuesday, September 10, 2024

Saudi Arabia Showcases Strategic Tourism Investments at IHIF Asia, Opening Doors to Investors

 

Hong Kong, 9 September 2024 – Saudi Arabia is rapidly establishing itself as a global leader in tourism, with the Kingdom’s remarkable achievements in 2023 setting a new benchmark for the industry. This progress was on full display at the IHIF Asia International Hospitality Investment Forum in Hong Kong, where the Saudi Ministry of Tourism highlighted the vast potential for international investors to capitalize on the Kingdom’s rapidly expanding and diverse tourism sector.

 

Saudi Arabia’s strategic location at the crossroads of three continents and its strong economic ties with Asia underscore its potential as a global tourism hub. In 2023, the Kingdom welcomed over 20.9 million tourists from Asia, who collectively spent $25.7 billion. This significant influx highlights the increasing confidence Asian markets have in Saudi Arabia’s tourism potential and the lucrative opportunities it presents for investors. The Kingdom's appeal to Asian travelers is further evidenced by the substantial growth in tourism receipts, reflecting the strong demand for Saudi Arabia as a diverse and culturally rich destination.

 

To capitalize on this momentum, the Kingdom has introduced the Tourism Investment Enablers Program (TIEP), with the Hospitality Investment Enablers (HIE) initiative serving as a cornerstone. HIE is designed to significantly boost accommodation capacity in key tourism areas, driving private investments up to $ 11 billion and increasing the annual GDP by $4.3 billion by 2030. The initiative also aims to create 120,000 new jobs, supporting Saudi Arabia’s broader economic diversification goals. Key incentives include corporate tax exemptions, VAT reductions, and access to government-owned land under favorable terms, making it easier and more cost-effective for investors to enter the market.

 

A highlight of Saudi Arabia’s participation at IHIF Asia was the panel discussion titled "Invest, Enable, Prosper: Empowering Tourism Destinations." This fireside chat, led by Mr. Tareq Al-Shaghrood, General Manager of Investment Planning & Attraction at the Saudi Ministry of Tourism, explored the Kingdom's strategic approach to developing a world-class, diverse tourism ecosystem. "Saudi Arabia's commitment to creating a wide array of tourism experiences—from cultural heritage and adventure tourism to luxury and eco-tourism—is underpinned by a robust framework of incentives and support for investors. Our vision is to enable and empower those who join us in this transformative journey, ensuring prosperity for all stakeholders," Al-Shaghrood stated.

 

Saudi Arabia's international tourism performance in 2023 was impressive, ranking 14th globally in international arrivals—an improvement of 11 positions since 2019. The Kingdom also ranked 12th globally in international tourism receipts, moving up 15 positions compared to 2019. According to the UN Tourism Barometer (May 2024), Saudi Arabia ranked first among the best-performing large tourism destinations in terms of the growth rate of international arrivals and tourism receipts compared to pre-pandemic levels.

 

As Saudi Arabia continues its ascent as a leading tourism destination, the Kingdom invites investors worldwide to seize the opportunity to be part of this extraordinary transformation. With its robust infrastructure, strategic location, and unwavering commitment to sustainable growth, Saudi Arabia offers unmatched prospects for those looking to invest in a rapidly evolving and highly rewarding market.

 

*Source: AETOSWire

Contacts:

Najla AlKhalifa

Senior Communications Advisor

Najla@mt.gov.sa

Fujairah Mountain Shooting Championship returns for a new edition in February 2025


 FUJAIRAH, United Arab Emirates

The Fujairah Shooting Club announces the important dates, side events, ambassadors and launch of the website of the second edition of Fujairah Mountain Shooting Championship

Following the resounding success of its inaugural edition in 2023, Fujairah Shooting Club has announced the return of the Fujairah Mountain Shooting Championship (FMSC) and the launch of the championship's official website for its second edition. The unparalleled and challenging sporting event will return in February 2025 and will be held under the patronage of His Highness Sheikh Mohammed bin Hamad Al Sharqi, Crown Prince of Fujairah.


The championship, which will run from February 1 to 8, 2025, in Dibba, Fujairah, UAE, will feature challenging layouts, exhilarating side events, and the chance to experience the natural beauty of the Emirate. The main championship, which will be held from February 5 to 8, will feature Super Sporting with 240 clays, a total prize of USD 300,000, and USD 50,000 for 100 flash clays.


The preliminary competitions of FMSC 2025 will be held from February 1 to 4 and will feature 50 clays of English Sporting with a total prize pool of USD 40,000 across four categories. The opening ceremony will be held on February 4, and the awards ceremony is scheduled for February 8, 2025.


The main championship will feature 24 stands, each equipped with six machines and presenting ten targets, including singles and doubles. Over the course of four days, 240 targets will be set, with 60 targets to be covered each day, and participants will be organised into six-man squads to compete throughout the event.


Saif Al Zahmi, Director, FMSC, said: “Held under the patronage of H.H. Sheikh Mohammed bin Hamad Al Sharqi, Crown Prince of Fujairah, FMSC draws inspiration from the rich hunting tradition of the region and celebrate its enduring heritage. We are delighted to announce the launch of the website, kicking off the most anticipated return of the event with many new additions in February 2025. Moreover, it is a unique sporting event with over AED 1,000,000 in prizes and a chance to experience the region's vibrant culture. The competition, along with exciting side events, promises an exhilarating experience while respecting the environment through the use of ammunition with 100% natural biodegradable wads and eco-friendly clay targets suitable for all ages.”


One of the highlights of the 2025 edition is side events such as Pool Shoots and English Sporting, which will be held from February 1 to 7. Additionally, the latest edition of the championship is organised with the support of the National Sporting Clays Association and the Clay Pigeon Shooting Association, features George Digweed MBE, a renowned English sport shooter and multiple world and European clay-shooting champion; Phil Gray and Saif Bin Futtais, an Emirati sport shooter and five-time Olympian, as ambassadors.


For more information, visit, https://fmsc.ae/



Permalink

https://www.aetoswire.com/en/news/fmsc0009092024

Contacts

Tarek Kamal El Dine


+971 50 8829649


tarek@cpo.fujairah.ae

Monday, September 9, 2024

Top IP Executive Takes Leadership Position at Sisvel

 


LUXEMBOURG - 

(BUSINESS WIRE) -- Jukka Nihtilä has today joined Sisvel as head of the firm’s Business Development function.


Previously Head of Business Development, Multimedia and New Segments at Nokia Technologies, Nihtilä is widely recognised as a major figure in the global patent transactions market and was recently named as one of the world’s leading IP strategists by IAM.


Nihtilä will be working out of Sisvel’s Barcelona office with a broad remit to identify new business opportunities and turbocharge existing ones, while ensuring the firm can extract the most from the knowledge and skills of its highly talented team.


“I am delighted to be joining Sisvel at such an exciting time,” he says. “The firm has a strong reputation for its flexible, innovative approaches to tackling the challenges posed by an increasingly complex technology market and has created successful licensing programmes with an array of brilliant companies and research institutions. I am looking forward to building on these foundations with my new colleagues to identify even more opportunities for the firm and its partners.”


“Bringing Jukka on board is another strong indicator of Sisvel’s ambition and its ability to attract the very best the market has to offer,” says Sisvel President Mattia Fogliacco. “We are proud to be Europe’s oldest and biggest patent pool operator, but we are not going to sit on our laurels. Instead, we are determined to become an even more dynamic, entrepreneurial operation, so that we remain on the cutting edge of the changes our market is currently experiencing. Our aim is to shape the future and, with his deep experience and fantastic track record of success, I am confident that Jukka will play a big role in helping us to do this.”


About Sisvel


Sisvel is driven by a belief in the importance of collaboration, ingenuity and efficiency to bridge the needs of patent owners and those who wish to access their technologies. In a complex and constantly evolving marketplace, our guiding principle is to create a level playing field with the development and implementation of flexible, accessible, commercialisation solutions.


Sisvel | We Power Innovation


www.sisvel.com


https://www.linkedin.com/company/sisvel-group


 


View source version on businesswire.com: https://www.businesswire.com/news/home/20240908679671/en/



Permalink

https://www.aetoswire.com/en/news/0909202441241

Contacts

press@sisvel.com

Responsible Fishing: Pelagic Shipowners and Industry of Dakhla Hold General Assembly and Adopt Ethical Charter

 Rabat, Morocco - Monday, 09. September 2024


During an extraordinary general assembly held in Rabat on Friday, September 6, 2024, the members of the Moroccan Confederation of Industrial Pelagic Fishing Shipowners (COMAIP) adopted a number of strategic orientations and operational decisions.


In this regard, the COMAIP Board of Directors unanimously adopted an ethical charter focusing on resource preservation, the adoption of best practices in terms of social impact, sustainability, and commitment for the environment. The ethical charter aims to modernize, professionalize, and anchor the actions of the COMAIP members in line with the Guidelines of His Majesty the King Mohammed VI, concerning the Atlantic Africa Axis.

As part of this initiative, the COMAIP Board of Directors unanimously decided to entrust an independent expert with drafting a high-level report on the economic and social impact of their industry at the regional, national, and continental levels, in order to establish a new ambition and direction. Furthermore, the Board has decided to create the following three committees:


An ethics committee responsible for monitoring and implementing the adopted Charter.

A strategic committee tasked with overseeing the scientific, technical, economic, social, and environmental aspects.

An external relations committee, which will serve as the voice of COMAIP with partners and relevant institutions.

 


On this occasion, the President of COMAIP, Mr. Mohamed Lamine Hormatollah, stated: "Today we are laying the foundations for a new ambition, which is based on and aligned with the enlightened Vision of His Majesty the King Mohammed VI, may God assist him, who emphasized the importance of the Atlantic Africa Axis during his historic speech on November 6, 2023. All our members stand ready to support this royal vision in economic, social, and environmental terms."


About COMAIP (www.comaip.ma)


COMAIP is a national-level confederation of pelagic fishing shipowners. It promotes sustainable and regulated fishing, values the professions within the sector, and contributes to the responsible management of resources. It encourages consumers to choose products from responsible practices that respect conservation and sustainability rules.



Permalink

https://www.aetoswire.com/en/news/cpc0m4109

Contacts

Mr. Omar Akouri, Secretary General 


Email: comaipcontact@gmail.com

Saint-Denis Hospital Center in France Implements Masimo SafetyNet® Telemonitoring to Facilitate Early Discharge of Premature Newborns from the Hospital

 Leading French Healthcare Facility Adopts an Innovative Telemonitoring Platform as Part of a Mobile Neonatology Unit for the Monitoring of Premature Newborns, Serving Both Patients and Caregivers


(BUSINESS WIRE)--Masimo (NASDAQ: MASI) today announced that Saint-Denis Hospital Center is adopting the use of the Masimo SafetyNet® cloud-based telemonitoring platform as part of an experimental mobile neonatology unit aimed at facilitating earlier discharge of premature newborns from the ICU to the home. Launched in February, this pioneering project allows vulnerable neonates to return home safely to their families while remaining under the close supervision of the hospital.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240908136612/en/

Masimo SafetyNet offers a streamlined approach to remote patient management that can be scaled and tailored to each patient’s unique care needs, offering wireless continuous monitoring and spot-check devices, customizable CarePrograms™ with symptom reporting, and a secure in-hospital clinical portal that allows care teams to keep watch over a large volume of patients. Following discharge, families are sent home with an easy-to-use pulse oximetry sensor, Radius PPG®, powered by clinically proven Masimo Signal Extraction Technology® (SET®), and an intuitive smartphone application. The sensor, worn on the foot of neonatal patients, includes a chip that sends health data to the app, where parents can keep an eye on their baby’s condition and communicate with caregivers. From the hospital, caregivers receive that same data as well as notification logs about changes in a patient’s condition—enabling them to prioritize those who may need care escalation.

Staff members at Saint Denis were already familiar with the benefits of home-based care. Dr. Pascal Bolot, head of neonatal intensive care at Saint-Denis, first implemented home visits in partnership with the ARS, a regional health authority, to address the lack of care following hospital discharge and alleviate the distress of the abrupt shift from hospital to home for families. Saint-Denis’ experience providing home visits was a key advantage when it came to implementing remote neonatal monitoring, alongside 11 other French facilities taking part in the trial. With the integration of Masimo SafetyNet, the pilot has expanded its approach to be more comprehensive and innovative – an approach that, according to Dr. Alizée Lori, the pediatrician at Saint-Denis who oversees the mobile unit, “[brings] premature newborns into a secure home environment equivalent to hospital-grade monitoring quality.” The addition of this technology serves as an opportunity to “put the premature newborn back in the center of the family,” added Dr. Bolot.

The mobile neonatology unit benefits caregivers and families alike. As a general rule, neonatology services do not allow premature babies to return home before the end of 36 weeks of corrected age. Masimo SafetyNet may help make it possible to secure an earlier return home, serving as a relay between hospital staff and families and providing comprehensive support for premature babies in their first few weeks of life. The success of this program could lead to the deployment of Masimo SafetyNet in other care areas, particularly in pediatric care, including home patient management of various conditions.

Dr. Lori commented, “We chose this Masimo solution because of its innovative nature and the practical aspect of wireless physiological data monitoring; it’s easy for families to use and gives our medical team easy access to patients’ health data from the hospital. Since Masimo is used in many neonatology departments, including CH Delafontaine, we were confident in the reliability of the data recorded. This solution allows us to adapt care protocols to meet the needs of our vulnerable patients. Additionally, the Masimo team has supported us since the beginning of the project, and is still available on a daily basis.”

The Saint-Denis Hospital Center, made up of the Delafontaine and Casanova sites, is the only public healthcare facility in the Plaine Commune area, serving a population of 435,000 people. The facility offers 839 hospital beds with adult, pediatric and gynecological emergency services, a large consultation platform, and a type 3 perinatal center for monitoring high-risk pregnancies through high-quality maternal and neonatal care for mothers and children.

Joe Kiani, Founder and CEO of Masimo, said, “Our mission from the beginning has been to improve patient outcomes and reduce cost of care by taking noninvasive monitoring to new sites and applications. And it’s incredible to see how far we’ve come. To see parents be able to be with their newborn baby and each other is extremely gratifying, and to help the dedicated team at Saint-Denis provide earlier discharge yet keep the same level of monitoring is something we’re all proud of. Masimo has long fought to protect vulnerable newborns through innovative continuous monitoring, and it is truly rewarding to see how Masimo SafetyNet—using the same technology we’ve developed and perfected over 35 years—is helping Saint-Denis extend comprehensive care to neonatal patients at home. As healthcare becomes more predictive, preventative, and personalized than ever before, we are committed to innovating solutions that put patients at the center of the care ecosystem.”

@Masimo | #Masimo


About Masimo

Masimo (NASDAQ: MASI) is a global medical technology company that develops and produces a wide array of industry-leading monitoring technologies, including innovative measurements, sensors, patient monitors, and automation and connectivity solutions. In addition, Masimo Consumer Audio is home to eight legendary audio brands, including Bowers & Wilkins, Denon, Marantz, and Polk Audio. Our mission is to improve life, improve patient outcomes, and reduce the cost of care. Masimo SET® Measure-through Motion and Low Perfusion™ pulse oximetry, introduced in 1995, has been shown in over 100 independent and objective studies to outperform other pulse oximetry technologies.1 Masimo SET® has also been shown to help clinicians reduce severe retinopathy of prematurity in neonates,2 improve CCHD screening in newborns,3 and, when used for continuous monitoring with Masimo Patient SafetyNet™ in post-surgical wards, reduce rapid response team activations, ICU transfers, and costs.4-7 Masimo SET® is estimated to be used on more than 200 million patients in leading hospitals and other healthcare settings around the world,8 and is the primary pulse oximetry at all 10 top U.S. hospitals as ranked in the 2024 Newsweek World’s Best Hospitals listing.9 In 2005, Masimo introduced rainbow® Pulse CO-Oximetry technology, allowing noninvasive and continuous monitoring of blood constituents that previously could only be measured invasively, including total hemoglobin (SpHb®), oxygen content (SpOC™), carboxyhemoglobin (SpCO®), methemoglobin (SpMet®), Pleth Variability Index (PVi®), RPVi™ (rainbow® PVi), and Oxygen Reserve Index (ORi™). In 2013, Masimo introduced the Root® Patient Monitoring and Connectivity Platform, built from the ground up to be as flexible and expandable as possible to facilitate the addition of other Masimo and third-party monitoring technologies; key Masimo additions include Next Generation SedLine® Brain Function Monitoring, O3® Regional Oximetry, and ISA™ Capnography with NomoLine® sampling lines. Masimo’s family of continuous and spot-check monitoring Pulse CO-Oximeters® includes devices designed for use in a variety of clinical and non-clinical scenarios, including tetherless, wearable technology, such as Radius-7®, Radius PPG®, and Radius VSM™, portable devices like Rad-67®, fingertip pulse oximeters like MightySat® Rx, and devices available for use both in the hospital and at home, such as Rad-97® and the Masimo W1® Medical Watch. Masimo hospital and home automation and connectivity solutions are centered around the Masimo Hospital Automation™ platform, and include Iris® Gateway, iSirona™, Patient SafetyNet, Replica®, Halo ION®, UniView®, UniView :60™, and Masimo SafetyNet®. Its growing portfolio of health and wellness solutions includes Radius Tº® and Masimo W1 Sport. Additional information about Masimo and its products may be found at www.masimo.com. Published clinical studies on Masimo products can be found at www.masimo.com/evidence/featured-studies/feature/.

RPVi has not received FDA 510(k) clearance and is not available for sale in the United States. The use of the trademark Patient SafetyNet is under license from University HealthSystem Consortium.


References

  1. Published clinical studies on pulse oximetry and the benefits of Masimo SET® can be found on our website. Comparative studies include independent and objective studies which are comprised of abstracts presented at scientific meetings and peer-reviewed journal articles.
  2. Castillo A et al. Prevention of Retinopathy of Prematurity in Preterm Infants through Changes in Clinical Practice and SpO2 Technology. Acta Paediatr. 2011 Feb;100(2):188-92.
  3. de-Wahl Granelli A et al. Impact of pulse oximetry screening on the detection of duct dependent congenital heart disease: a Swedish prospective screening study in 39,821 newborns. BMJ. 2009;Jan 8;338.
  4. Taenzer A et al. Impact of pulse oximetry surveillance on rescue events and intensive care unit transfers: a before-and-after concurrence study. Anesthesiology. 2010:112(2):282-287.
  5. Taenzer A et al. Postoperative Monitoring – The Dartmouth Experience. Anesthesia Patient Safety Foundation Newsletter. Spring-Summer 2012.
  6. McGrath S et al. Surveillance Monitoring Management for General Care Units: Strategy, Design, and Implementation. The Joint Commission Journal on Quality and Patient Safety. 2016 Jul;42(7):293-302.
  7. McGrath S et al. Inpatient Respiratory Arrest Associated With Sedative and Analgesic Medications: Impact of Continuous Monitoring on Patient Mortality and Severe Morbidity. J Patient Saf. 2020 14 Mar.
  8. Estimate: Masimo data on file.
  9. https://www.newsweek.com/rankings/worlds-best-hospitals-2024/united-states

Forward-Looking Statements

This press release includes forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, in connection with the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, among others, statements regarding the potential effectiveness of Masimo SafetyNet®, Masimo Radius PPG®, and Masimo SET® and the implementation of Masimo SafetyNet in Saint-Denis Hospital Center (the “Implementation”). These forward-looking statements are based on current expectations about future events affecting us and are subject to risks and uncertainties, all of which are difficult to predict and many of which are beyond our control and could cause our actual results to differ materially and adversely from those expressed in our forward-looking statements as a result of various risk factors, including, but not limited to: risks related to our assumptions regarding the repeatability of clinical results; risks related to our belief that Masimo’s unique noninvasive measurement technologies, including Masimo SafetyNet, Masimo Radius PPG, and Masimo SET®, contribute to positive clinical outcomes and patient safety; risks related to our belief that Masimo noninvasive medical breakthroughs provide cost-effective solutions and unique advantages; risks related to our belief of the success of the Implementation and that such success could lead to the deployment of Masimo SafetyNet in other areas; risks related to COVID-19; as well as other factors discussed in the “Risk Factors” section of our most recent reports filed with the Securities and Exchange Commission (“SEC”), which may be obtained for free at the SEC’s website at www.sec.gov. Although we believe that the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct. All forward-looking statements included in this press release are expressly qualified in their entirety by the foregoing cautionary statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of today’s date. We do not undertake any obligation to update, amend or clarify these statements or the “Risk Factors” contained in our most recent reports filed with the SEC, whether as a result of new information, future events or otherwise, except as may be required under the applicable securities laws.



View source version on businesswire.com: https://www.businesswire.com/news/home/20240908136612/en/



Permalink

https://www.aetoswire.com/en/news/54118830

Contacts

 

Media Contact:

Masimo

Evan Lamb

949-396-3376

elamb@masimo.com

Hisense Takes Gaming and Entertainment to new heights at IFA 2024

 

BERLIN, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Hisense South Africa is set to revolutionize gaming and entertainment experiences, showcasing cutting-edge technology at IFA 2024. Under the theme “The Scenario-driven Future of Tech,” Hisense is bringing to life large screen displays and game-enhancing partnerships, including its collaboration with Black Myth: Wukong and Xbox-certified products.

 

As an official global partner of Black Myth: Wukong, Hisense is offering gamers an immersive experience with stunning 4K visuals on 100-inch TVs. The U7N and E7N-Pro series ensure vivid colors and smooth gameplay with features like 144Hz Game Mode PRO and Quantum Dot Color. Gamers can dive into epic adventures with enhanced HDR and deep bass Dolby audio, delivering a truly immersive experience.

 

Read more about this Partnership here

 

Designed for Xbox – Next-Level Gaming with Laser Projection

Hisense’s partnership with Xbox takes center stage, bringing unparalleled gaming visuals and performance to South African audiences. The Hisense Laser Cinema PX3-PRO, the first Designed for Xbox Ultra Short Throw projector, delivers breathtaking 4K visuals on screens up to 150 inches. Its Dolby Vision and IMAX Enhanced certifications, paired with a refresh rate of up to 240Hz, offer a seamless and lag-free gaming experience for even the most fast-paced titles.

 

Read more about this Partnership here

 

Looking Ahead – Hisense ULED X and C2 Ultra Projector

Hisense is excited to tease future innovations for the South African market. The highly anticipated ULED X Mini-LED 110-inch TV, with its groundbreaking 40,000 dimming zones and 10,000 nits brightness, promises to redefine home entertainment. Additionally, the C2 Ultra 4K Laser Smart Mini Projector, offering stunning image quality and smooth gameplay, will soon make its mark.

 

CanvasTV – Where Art Meets Technology

Hisense’s CanvasTV offers a unique blend of art and entertainment with its Art Mode, transforming your TV into a personal art gallery. Its sleek, customizable frames and anti-glare Hi-Matte Display make it a stylish addition to any home.

 

Hisense South Africa continues to push the boundaries of innovation, delivering premium gaming and entertainment experiences tailored to local consumers.

 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ff2d9971-e829-4479-92eb-902d25562ac4

 

 

 

Contact: henru.vandermerwe@hisense.com

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