Tuesday, January 6, 2015

Two Deaths and Seven Injuries in Three-car pile-up in Western Region

Due to Heavy fog

ABU DHABI, United Arab Emirates - Friday, January 2nd 2015 [ME NewsWire]

Two people were killed and seven others sustained mild to severe injuries in an accident involving three cars. The accident occurred on Friday morning in Zayed City in the Western Region, Abu Dhabi, during thick fog, which  horizontal visibility.

Colonel Hamad Nasser Al Bloushi, Head of Peripheral Regions Traffic Department at Abu Dhabi Police Traffic and Patrols Directorate, explained that three vehicles, a pick-up, a bus, and a petrol tanker had crashed into one another. The crash caused a massive fire that erupted in the bus and the tanker.

Colonel Al Bloushi said, "Police and Traffic patrols as well as ambulance teams were rushed to the scene immediately upon receiving notification about the accident. The injured were evacuated and transferred to hospitals for treatment, five of whom were released after receiving the necessary treatment."

Colonel Al Bloushi stressed the importance of exercising caution while driving on internal and external roads, especially during the late hours of the night until the early hours of the morning. He also called upon motorists to leave sufficient safe distance between vehicles, to refrain from overtaking other vehicles, and to avoid other driving errors, such as using the hazard lights while driving in the fog, which may lead to traffic accidents.

Additionally, he called upon heavy vehicles' companies, operators and drivers to avoid using roads during fog, until the fog clears and visibility is good. He reiterated his warning to motorists to stop their vehicles off of the road, turn off their warning lights, and take all precautionary measures that will assure their safety while driving in foggy conditions. He also urged drivers to reduce speed gradually, drive cautiously at a speed that suits the surrounding conditions, to be able to avoid eventual road surprises in foggy weather.

For more information about:

The Ministry of Interior, please click HERE

Abu Dhabi Police, please click HERE

Follow us and check our Social Media feeds on: YouTube, Facebook and Twitter

The Arabic-language text of this announcement is the official, authoritative version. Translations are provided as an accommodation only, and should be cross-referenced with the Arabic-language text, which is the only version of the text intended to have legal effect.

Contacts

The UAE Minister of Interior's General Secretariat, Tactical Affairs and Security Media Department

Abu Dhabi Police GHQ - Security Media

Chris Cron +971-(0)-50-987-1317

E-mail: cron.media@hotmail.com









Permalink: http://me-newswire.net/news/13267/en

Pershing Square Holdings, Ltd. Releases Monthly Net Asset Value and Performance Report for December 2014

AMSTERDAM - Tuesday, January 6th 2015 [ME NewsWire]

(BUSINESS WIRE) -- Regulatory News:

Pershing Square Holdings, Ltd. (ticker: PSH:NA) today released the following regular monthly Net Asset Value (NAV) and Performance Report for the month of December 2014. The information has also been posted to the PSH website, www.pershingsquareholdings.com. Monthly net asset value and performance are calculated at the close of business on the last business day of the month.

To view the table kindly click here

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. All investments involve risk including the loss of principal. This document does not constitute an offer to sell or the solicitation of an offer to purchase any security or investment product.

(1) Performance results are presented on a net-of-fees basis and reflect the deduction of, among other expenses: management fees, brokerage commissions, administrative fees, and accrued and/or crystallized performance fee, if any. Net performance includes the reinvestment of all dividends, interest, and capital gains. Depending on the timing of a specific investment, net performance for an individual investor may vary from the net performance as stated herein. Performance data and other information contained herein are estimated and unaudited. Net performance is a geometrically linked time weighted calculation.

(2) Includes equity and debt securities and derivatives (including swaps and options) relating to equity and debt securities. The market cap category of non-publicly disclosed positions is not updated until the position becomes publicly disclosed.

(3) Portfolio composition is reflective of the portfolio as of the date of this report, but is not necessarily indicative of the composition of the portfolio in the future.

(4) “Pershing Square Holdings, Ltd. AUM” is the assets under management of Pershing Square Holdings, Ltd., net of crystallized performance fee, if any, effective as of the date of this report.

(5) “Total Strategy AUM” is the aggregate assets under management of Pershing Square, L.P., Pershing Square International, Ltd., Pershing Square II, L.P. and Pershing Square Holdings, Ltd., net of any capital redemptions (including crystallized performance fee, if any) effective as of the date of this report. This amount includes any capital redemptions effective as of the date of this report that are immediately resubscribed into any of the entities included in “Total Strategy AUM”.

(6) “Total Firm AUM” is the aggregate of the Total Strategy AUM and the assets under management of PS V, L.P., PS V International, Ltd. and affiliated entities (collectively, “PSV”), less amounts invested in PSV by the entities listed above (as applicable), net of any capital redemptions (including crystallized performance fee, if any) effective as of the date of this report.

Note: Each public share in the Company carries at all times one vote per share. The total voting rights in the Company ("Total Voting Rights") may vary over time given the capital and voting structure of the Company. As of December 31, 2014, Total Voting Rights were 498,485,610. There are 240,128,546 Public Shares, 8,500,796 Management Shares and 5,000,000,000 Class B Shares (held by VoteCo) outstanding (the share classes have 1 vote, 1.0135 votes and 0.0499 votes per share respectively).

Under the Dutch Financial Supervision Act (Wet op het financieel toezicht), anyone who, directly or indirectly, acquires or disposes of shares in the Company and holds voting rights reaching, exceeding or falling below certain thresholds (including 3%, 5% and 10%) of the Total Voting Rights will have to notify the Netherlands Authority for the Financial Markets (Stichting Autoriteit Financële Markten).

In addition, under the Company’s Articles of Incorporation, a person will have to notify the Company of the percentage of the public shares it holds or is deemed to hold (through such person’s direct or indirect holding of financial instruments) if this percentage reaches, exceeds or falls below 3%, 4%, 4.25%, 4.50%, 4.75% or 5% of the total number of outstanding public shares.

About Pershing Square Holdings, Ltd.

Pershing Square Holdings, Ltd. is a concentrated, research-intensive, fundamental value investor in the public markets.

To view the full release including the table, please click here

Contacts

MEDIA

StockWell Communications

Tim Burt,

+44 (0)20 7240 2486

Tim.Burt@stockwellgroup.com









Permalink: http://me-newswire.net/news/13287/en

Abu Dhabi Police Takes Part in Liwa Festival in the Western Region

Abu Dhabi, United Arab Emirates - Friday, January 2nd 2015 [ME NewsWire]

The Abu Dhabi Police GHQ will take part in the Liwa International Festival “Tel Moreeb” scheduled to kick start tomorrow, Saturday, in the Western region, and will run until January 9.   The Abu Dhabi Police will provide security and regulatory services, while maintaining the safety of participants and visitors alike. Moreover, the Abu Dhabi Police will showcase its old and new patrols, which document the historic stages of the Abu Dhabi Police evolution.   In his address on the occasion, Colonel Ojail Ali Abdullah, Director of the Western Region Police, stressed that the participation of Abu Dhabi Police in Liwa International Festival and Tal Moreeb Race is in pursuance of the strategy of the Abu Dhabi Police GHQ aimed at promoting effective participation of the Police in various societal events and strengthen its relations with community’s members, institutions, and events.   “The Western Police completed preparations for participation in the events, by providing outstanding services and police protection to the Festival site, participants and visitors,” indicated Colonel Abdullah.

Adding further, the Director of the Western Region Police noted that the traffic patrols will work to secure the road between the Liwa Festival and Tal Moreeb sites, maintain smooth traffic flow, and secure and organize parking spaces. Moreover, he pointed to the Community Police’s efforts during the festival, by deploying foot patrols, promoting and spreading culture awareness among participants and visitors, and urging them to comply with the security and safety procedures and requirements.

Adding further, he warned participants in the Tal Moreeb Race against venturing out into the sandy desert to maintain their safety. He also called upon them to activate their GPS systems to allow search teams to locate their whereabouts in case of emergency, and call the number (999) to report any emergency or to enquire about the police services.

For his part, First Lieutenant Mubarak Ghanim Al Mansouri, Media Campaigns Branch Manager at the Security Media Department at the General Secretariat of the Office of H.H Deputy Prime Minister and Minister of Interior, said, “In addition to providing security and organizational support to the festival, the Abu Dhabi Police will be  distributing awareness brochures at the festival, and showcasing the Abu Dhabi Police’s old  and modern patrol cars, which document the historic stages of the Abu Dhabi Police evolution.”

For more information about:

The Ministry of Interior, please click HERE

Abu Dhabi Police, please click HERE

Follow us and check our Social Media feeds on: YouTube, Facebook and Twitter

The Arabic-language text of this announcement is the official, authoritative version. Translations are provided as an accommodation only, and should be cross-referenced with the Arabic-language text, which is the only version of the text intended to have legal effect.

Contacts

The UAE Minister of Interior's General Secretariat, Tactical Affairs and Security Media Department

Abu Dhabi Police GHQ - Security Media

Chris Cron +971-(0)-50-987-1317

E-mail: cron.media@hotmail.com









Permalink: http://me-newswire.net/news/13268/en

Abu Dhabi Residency Celebrates the Mawlid

ABU DHABI, United Arab Emirates - Tuesday, January 6th 2015 [ME NewsWire]

To mark the Mawlid Al Nabi (Prophet Mohammed’s Birthday), the Directorate General of Residency and Foreigners Affairs in Abu Dhabi hosted a religious lecture at the directorate’s mosque delivered by Dr. Ahmed Noureddine Al Zamil, religious preacher at the General Authority for Islamic Affairs and Endowments. In his lecture, Dr. Al Zamil highlighted Prophet Mohammed’s life, as well as his guidance and teachings in all situations and events throughout his life that brought forth believers from darkness to the light.

The preacher talked about the Prophet’s character and qualities (peace be upon him), such as honesty, compassion, humility, and how we can apply them in our daily life as a behavior pattern. Furthermore, Dr. Al Zamil stressed that celebrating the Prophet’s birthday should be expressed by following the Prophet’s teachings as contained and detailed in the Sunnah.

Towards the end of the lecture, Colonel Yussef Ismail Al Khouri, Deputy Director General of Residency and Foreigners Affairs in Abu Dhabi, presented a commemorative shield to the General Authority for Islamic Affairs and Endowments, and handed over a certificate of appreciation to the lecturer.

For more information about:

The Ministry of Interior, please click HERE

Abu Dhabi Police, please click HERE

Follow us and check our Social Media feeds on: YouTube, Facebook and Twitter

The Arabic-language text of this announcement is the official, authoritative version. Translations are provided as an accommodation only, and should be cross-referenced with the Arabic-language text, which is the only version of the text intended to have legal effect.

Contacts
The UAE Minister of Interior's General Secretariat, Tactical Affairs and Security Media Department
Abu Dhabi Police GHQ - Security Media
Chris Cron +971-(0)-50-987-1317
E-mail: cron.media@hotmail.com









Permalink: http://www.me-newswire.net/news/13291/en

TP-LINK Upbeat About Business Prospects in 2015

SMB Networking Solutions Vendor urges partners to prepare for bumper year ahead

Dubai, United Arab Emirates - Tuesday, January 6th 2015 [ME NewsWire]

 TP-LINK Technologies Co Ltd, a leading provider of SOHO and SMB networking products and solutions, is urging its channel partners in the Middle East and Africa (MEA) to prepare for business prospects in 2015 as it’s predicted to be a bumper one.

The company said although there has been uncertainty in some parts of the Middle East, the networking and wireless solutions business has been growing rapidly in the region.

The manufacturer o f Wireless, ADSL, Switches, IP Cameras, Powerline Adapters, Print Servers, Media Converters and Network Adapters warned channel partners against complacency as the outlook on IT spending is steadily improving with more projects coming online.

Denny Liang, General Manager, TP-LINK Middle East, said the channel market this year is very active across MEA and the company has been developing its business in UAE, Iraq and KSA. “Despite the instability in some countries in the region, we continued with our plan to expand our business in Egypt, South Africa and other African countries,” he noted.

“We have so many markets to work in and I have been encouraging our sales team to urge partners to prepare for business in the coming year as most enterprises have plans to roll out ambitious IT projects.”

Liang said to develop the market and harness the opportunities that are emerging as the telecoms sector continues to be deregulated requires TP-LINK to have relationships with all its partners. “The opening up of the telecoms sector especially in Africa is creating opportunities for our networking and wireless products,” he said. “TP-LINK is taking its step forward in developing the channel market in Africa and cultivating both the traditional reseller channel and retail business in GCC countries.”

He said the company is again expecting to have the best performance in UAE in 2014 with consumers driving most of the growth and demand. “As for technology, I believe 4G will spur growth for our solutions in the commercial sector in 2015,” he said.

Liang said it is the demand for IT solutions that is creating a bright business outlook for partners across the region. “When the economy is performing well, the speed and the service of payments and logistics would follow that trend. As for the channel, we want our partners to be ready to capitalise of the opportunities as spending in the IT industry especially in networking and wireless sector picks up,” he said.

He added that channel stakeholders should be optimistic about 2015, despite political uncertainty in some countries in the Middle East as the need to use technology in business and people’s daily lives continues to grow with or without political upheaval. “Political uncertainty is nothing new in this region, and TP-LINK has a full plan to cultivate its business here,” he said.

-END-

About TP-LINK

TP-LINK is a global provider of SOHO & SMB networking products and the World's No.1 provider of WLAN products, with products available in over 120 countries to tens of millions customers. Committed to intensive R&D, efficient production and strict quality management, TP-LINK continues to provide award-winning networking products in Wireless, ADSL, Routers, Switches, IP Cameras, Powerline Adapters, Print Servers, Media Converters and Network Adapters for Global end-users.

Based on the confidence of tens of millions of customers, TP-LINK is now growing to become one of the most competitive providers of networking products with aspirations to become one of the top 3 networking brands in the world and striving for a larger global market share, while further advancing in the world of networking to better serve our most valued customers with products that make their lives easier.

Contacts

TP-LINK MIDDLE EAST FZE

Barbara Kao, Marketing Manager

Tel: +971 4 396 6356

Fax: +971 4 3795721

GSM: +971 55 2825001

E-mail: barbara.kao@tp-link.com

Web: www.tp-link.com

Three people injured in 19-car fog pile-up in Abu Dhabi

One camel killed and two others injured in accident

Abu Dhabi, United Arab Emirates - Saturday, January 3rd 2015 [ME NewsWire]
Three people were injured in an accident involving 19 cars on Abu Dhabi – Al Ain road on Saturday morning due to low visibility during thick fog.
The police said that one camel was killed and two others sustained multiple fractures, when the truck transporting nine camels overturned due to the collision.
According to Colonel Hamad Nasser Al Bloushi, Head of Peripheral Regions Traffic Department at Abu Dhabi Police Traffic and Patrols Directorate, initial investigation results showed that the accident occurred due to thick fog that blanketed the area and reduced horizontal visibility.
Colonel Al Bloushi said, "Police and Traffic patrols as well as ambulance and rescue teams were rushed to the scene immediately upon receiving notification about the accident. The paramedics administered first aid to the injured and provided them with medical care on site, before transferring them to hospitals for treatment. The damaged vehicles were removed from the crash site, and the injured animals were provided with necessary treatment in coordination with the relevant entities.” 
The accident comes one day after a three-car pile-up accident in Zayed City in the Western Region, Abu Dhabi, which killed two people and injured seven others due to low visibility during thick fog. A fuel tank and a bus were gutted by the fire that broke out due to the collision, and the pick-up truck was severely damaged.
Colonel Al Bloushi reiterated the importance of exercising caution while driving on internal and external roads, especially during the late hours of the night until the early hours of the morning. He also called upon motorists to leave sufficient safe distance between vehicles, to refrain from overtaking other vehicles, and to avoid other driving errors, such as using the hazard lights while driving in the fog, which may lead to traffic accidents.
He also urged motorists to stop their vehicles off of the road, turn off their warning lights, and take all precautionary measures that will assure their safety while driving in foggy conditions. He also urged drivers to reduce speed gradually, drive cautiously at a speed that suits the surrounding conditions, to be able to avoid eventual road surprises in foggy weather.
It is worth mentioning that the Security Media Department, at the General Secretariat of the Office of H.H Deputy Prime Minister and Minister of Interior, recently initiated a media campaign titled ‘Security Glances’, which includes radio messages designed to enhance awareness among motorists and encourage them to exercise caution while driving in foggy weather, especially during the late hours of the night until the early hours of the morning.
For more information about:
The Ministry of Interior, please click HERE
Abu Dhabi Police, please click HERE
Follow us and check our Social Media feeds on: YouTube, Facebook and Twitter
The Arabic-language text of this announcement is the official, authoritative version. Translations are provided as an accommodation only, and should be cross-referenced with the Arabic-language text, which is the only version of the text intended to have legal effect.
Contacts
The UAE Minister of Interior's General Secretariat, Tactical Affairs and Security Media Department
Abu Dhabi Police GHQ - Security Media
Chris Cron +971-(0)-50-987-1317
E-mail: cron.media@hotmail.com




Permalink: http://me-newswire.net/news/13274/en

Lenovo Introduces New High Performance Smartphones and Mobile Accessories

Ultra-fast P90 smartphone with latest Intel™ 64- bit processor and Intel LTE-Advanced modem, VIBE X2 Pro limited edition with selfie flash accessory and VIBE VB10 smartband wearable

ME NewsWire/Business Wire

LAS VEGAS - Tuesday, January 6th 2015

2015 International CES

Lenovo (SEHK:0992) (Pink Sheets:LNVGY) today announced at the 2015 International Consumer Electronics Show a lineup of full featured devices and accessories designed to enhance the mobile experience of consumers on-the-go. The Lenovo P90 makes its debut appearance as the first smartphone powered by the newest 64-bit Intel® Atom™ processor and Intel XMM™ 7260 LTE-Advanced modem for outstanding mobile performance and speeds, while the award-winning VIBE X2 gets a bigger, bolder look with the X2 Pro limited edition smartphone and VIBE Xtension™ Selfie Flash. The Lenovo VIBE Band VB10 wearable accessory rounds up the lineup with its E Ink display and industry-leading battery life.

First smartphone powered by Intel® Atom™ 64-bit processor and Intel LTE Advanced Modem

The Lenovo P90 is the first smartphone to utilize the combination of the newest 64-bit Intel® Atom™ Z3560 processor with Intel’s 5-mode XMM™ 7262 modem. These powerful components allow the P90 to provide incredible processing speeds in addition to supporting LTE-Advanced FDD & TDD for high-speed connectivity in global markets.

The Lenovo P90 smartphone is designed to provide the power and performance to let consumers go fast and get things done. Featuring a huge 4000mAh battery, the P90 is equipped to meet the pace and demand of today’s lifestyle from morning until night. The P90’s vibrant 5.5-inch FHD display, at an impressive 400ppi, lets mobile users enjoy content and relive their best moments with vivid colors and high-quality resolution.

In addition, the P90 sports an advanced 13MP rear camera with state-of-the-art stacking sensor and optical image stabilization for brilliant shots, even in low-light. The 5MP front camera is equipped with beautification features and gesture controls, while 4G LTE data speeds are ideal for streaming video and music, or gaming on the go. The P90 will be offered in Pearl White, Onyx Black and Lava Red.

VIBE smartphones gets bigger and faster with X2 Pro

Sporting the same eye-catching, award-winning layered design of the Lenovo X2, the Lenovo VIBE X2 Pro limited edition smartphone brings craftsmanship, power and style to the next level with its sleek, lightweight full-metal body. The VIBE X2 Pro packs a 5.3-inch FHD display with stunning visuals and a 64-bit Qualcomm® Snapdragon™ Octa-Core processor that delivers jaw-dropping performance and long-lasting battery life.

For greater ease of use, the Lenovo X2 Pro incorporates the intuitively designed VIBE 2.0 user interface, featuring personalized lock screen, Instant On camera, elegant transparent icons and more. The smartphone also utilizes dual 13 megapixel auto-focus cameras (front and rear) with LED flash, gesture controls and beautification features, which combines with the new VIBE Xtension™ Selfie Flash to capture flawless selfies.

Perfect selfie shots every time, all the time

The Lenovo VIBE Xtension™ Selfie Flash is the must-have accessory to capture every moment, no matter the lighting conditions. The pocket-sized flash plugs into the audio jack, giving the user a quick way to create ideal lighting and shutter sync to deliver brilliant, natural-looking pictures outside, inside and everywhere in between.

The Selfie Flash works by using 8 diffused LEDs to supplement available light for natural color tones, even in low light condition. The rechargeable flash provides up to 100 selfies in a single charge to snap and share pictures day and night, while the 100% shutter sync times seamlessly to capture picture-perfect selfies.

All-week, always-on wearable connectivity

The Lenovo VIBE Band VB10 wearable accessory is designed to let users live their lives more connected and with less worry. Equipped with features like E Ink display, up to 7-day battery life with the display and Bluetooth always turned on, fitness functions, phone notifications and waterproofing, the VIBE Band helps users stay fit, connected and in the know anywhere they go. The E Ink display means no glare and a clear display – even in sunlight.

Users can receive instant notifications – calls, SMS, Facebook, Twitter, WeChat and more – with space for up to 150 characters on the crisp display, while fitness functions & tracking monitor fitness levels and activity to help users stay focused on their health goals. The Lenovo VIBE Band VB10 works with any Android or iOS mobile device and is competitively priced at $89.

Quotes

“As lifestyles and everyday habits become more and more mobile, consumers today are looking to devices that deliver both performance and long lasting battery life in sleek, stylish designs,” said Shao Tao, Lenovo’s vice president of Mobile BU. “These are some of the driving forces behind our new range of mobile devices that offer blazing fast processing speeds, innovative new features and extended battery life to enhance the mobile experience of the most demanding users.”

"The Lenovo P90 smartphone is an impressive addition to the growing portfolio of Intel-powered smartphones,” said Hermann Eul, Intel’s vice president of Mobile Communications. “As one of the first smartphones powered by Intel's latest processor coupled with the LTE-Advanced XMM 7260 modem, people will enjoy exceptional speed and 64-bit performance that will provide users with a great mobile experience. We are proud to continue our work with Lenovo on this major milestone.”

Availability3

The Lenovo P90 will be available beginning in February, 2015. The Lenovo VIBE X2 Pro will be available beginning in April, 2015. The Lenovo VIBE Xtension™ Selfie Flash will be available for use with the VIBE X2 Pro. The Lenovo VIBE Band VB10 will be available beginning in April, 2015.

1Available in select geographies. 2Requires enabled device and may require software or other 3d party applications to provide the described features. 3Prices do not include tax or shipping and are subject to change without notice and is tied to specific terms and conditions. Reseller prices may vary. Price does not include all advertised features. All offers subject to availability. Products may only be available in selected markets. Lenovo reserves the right to alter product offerings and specifications at any time without notice.

About Lenovo

Lenovo (SEHK:0992) (Pink Sheets:LNVGY)[ is a $39 billion global Fortune 500 company and a leader in providing innovative consumer, commercial, and enterprise technology. Our portfolio of high-quality, secure products and services covers PCs (including the legendary Think and multimode YOGA brands), workstations, servers, storage, smart TVs and a family of mobile products like smartphones (including the Motorola brand), tablets and apps. Join us on LinkedIn, follow us on Facebook or Twitter (@Lenovo) or visit us at www.lenovo.com.

For More information

A press kit is available here: http://news.lenovo.com/CES2015 Follow our CES happenings on Twitter at #LenovoCES.

Contacts

Lenovo

Kristy Fair,

919-257-6329

krisfair@lenovo.com









Permalink: http://www.me-newswire.net/news/13279/en