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Bahrain roads speed limits readjusted
June 23, 2017
As per the instruction of the Prime Minister HRH Prince Khalifa bin Salman Al Khalifa to readjust speed limits on the Kingdom’s roads, speed limits were raised on several highways this week. Beginning today, speed limits on both sides of Shaikh Khalifa bin Salman Highway were raised from 100 km/h to 120 km/h in the area between the flyover near the University of Bahrain (Zallaq Highway) and the middle flyover above Shaikh Isa bin Salman Highway"...
Confederate Fighter Creates Mayhem As Cool Motorcycle Punk, Mohawk, In Transformers: The Last Knight
June 23, 2017
(ME NewsWire)-- Confederate Motorcycles, creator of the world’s most exotic road-going machines, has announced that its most advanced motorcycle yet, the P51 Combat Fighter, has been included in the production of Transformers: The Last Knight. The global luxury brand is excited to confirm that the Decepticon, Mohawk, will appear as a Fighter in its disguised vehicle form. H. Matthew Chambers, CEO of Confederate Motorcycles, said: “The Fighter is pure yang power born to raise hell, so his transformation into the knife wielding, mayhem-causing, motorcycle punk is logical and interesting.” Of the 61 Combat Collection special editions, each hand built by Confederate’s highly-skilled master craftsmen at its Birmingham headquarters, only two remain available for reservation. Transformers: The Last Knight is now showing in theaters worldwide. Confederate Motors, Inc. (CFED)......
XPRIZE Announces Teams Advancing in $15M Global Learning XPRIZE at EdTechXEurope
June 22, 2017
(ME NewsWire)-- Today, XPRIZE, the world’s leader in designing and managing incentive competitions to solve humanity’s grand challenges, announced 11 semi-finalists advancing in the $15M Global Learning XPRIZE. Announced at this year’s EdTechXEurope, XPRIZE is challenging these semi-finalist teams to develop open source and scalable software that will enable children in developing countries to teach themselves basic reading, writing and arithmetic within 15 months. “Throughout my career, I’ve seen the many ways technology has evolved to help children access an education they may otherwise not have,” said Matt Keller, senior director of the Global Learning XPRIZE. “What most excites XPRIZE about these semi-finalist teams is the possibility that their innovative software solutions can exponentially transform the way learning happens across the world,......
Australian Automotive Manufacturing Plants Shutting Down Operations
June 22, 2017
(ME NewsWire)-- Hilco Industrial Acquisitions B.V. (www.hilcoind.com) announced today that it will lead the disposition process for a massive machinery and equipment asset sale which will effectively shut down the automobile manufacturing business on the Australian Continent. The sale comes because of the recent closure of all Toyota Australia manufacturing operations, the last remaining auto production facility remaining on the continent. This unprecedented auto equipment sale will include all the key production shops and vendors that have been part of the manufacture of cars in Australia for over 60 years. All the equipment will be offered for sale via private treaty from their production shops including aluminum casting, furnaces, engine line machining, assembly, robotic automation, presses, extruders, plastic injection molding machines, welding lines and plant services. Certain key machinery......
Chinese Automaker JAC Motors Exhibited at Expo 2017 Held in Kazakhstan
June 19, 2017
(ME NewsWire)-- At the ongoing Expo 2017 in Astana, the leading Chinese automaker JAC Motors and its Kazakhstani distributor showcased three models: the S3, the iEV6S and the iEV5. Echoing the theme of China Pavilion, “Future Energy, Green Silk Road”, JAC also took the opportunity to exhibit their latest green energy vehicle technologies and concepts. Making a mark in Kazakhstan As an important nation along the corridor, Kazakhstan connects China with Central Europe via “the Belt and Road” economic zone. The country covers a large region of Central Asia and Eastern Europe and is one of JAC’s most valuable markets. In March 2015, with the blessing of China’s Premier Li Keqiang and Kazakhstan’s Premier Karim Masimov, JAC and its distributor Allur Group, officially signed the KD assembly licensing agreement. As per the agreement, Allur Group, a Kazakhstan automotive company, will be responsible for the assembly of all JAC cars. By signing this agreement, JAC is expected to meet the demands in Russia and neighboring countries and......
GCC BORGWARD Distributors Experience SUV’s Unparalleled Performance
June 18, 2017
BORGWARD Group AG, the global automotive manufacturer, invited distributors and VIP guests from the GCC to Germany for a thrilling, once-in-a-lifetime driving adventure in BX5 and BX7 vehicles. The following local distributors were in Germany to experience first-hand the rich and innovative racing history and the new “Accessible Premium” of the reborn BORGWARD brand: Bahrain:"...
GE Signs $575 Million Agreement with Ministry of Transportation and Egyptian National Railways to Help Transform Rail Infrastructure in Egypt
June 18, 2017
(ME NewsWire)-- GE (NYSE: GE) announced today that it signed a Letter of Intent with the Ministry of Transportation (MoT) and Egyptian National Railways (ENR), worth $575 million, to supply 100 GE ES30ACi Light Evolution Series Locomotives that can be used for both passengers or freight rail, as well as a 15-year agreement for parts and technical support for GE locomotives in ENR’s new and current fleet. The agreement, which is the largest ever between the parties, also includes"...
Milrem Starts Cooperation with the Estonian Defence League For UGV Development
June 12, 2017
(ME NewsWire)-- The Estonian defence solutions provider Milrem and the Estonian Defence league signed a cooperation agreement to start rigorous tests of Milrem’s unmanned ground vehicle THeMIS during live military exercises. Feedback from the tests will be used for further development of the UGV and its tactical advancements. Milrem"...
Automotive Manufacturer BORGWARD Group AG Officially Appoints Exclusive Distributors in the United Arab Emirates, Kuwait & Bahrain
June 11, 2017
BORGWARD Group AG, the global automotive manufacturer, has appointed exclusive distributors across the GCC, including: Bahrain: Yusuf Ebrahim Mohamed Al Awadi, Group President, Yousif Awadi Group Kuwait: Nael Zayani, Managing Director, Al-Zayani Trading Co. United Arab Emirates: Raymond MA, President, Union Motors LLC The signing of the Arab distributorships is the first indication that the rebirth of the BORGWARD automotive brand has recognised the Middle East as a core market for the international car company. This also sets the foundation for BORGWARD to enter the GCC with local dealerships offering first-class and luxury customer experience. Held in Bremen, Germany in the presence of Mr. Martin Günthner, Minister of Economic Affairs, Labour and Ports of the Free Hanseatic City of Bremen, attendees for the contract signing ceremony from the BORGWARD Group AG team included Mr. Ulrich......
SES Video Enables MultTV’s ISP Customers to Deliver Pay-TV Content to IP Subscriber Homes
June 6, 2017
(ME NewsWire)-- SES (Euronext Paris:SESG) (LuxX:SESG) and MultTV announced today a multi-year capacity agreement which will enable MultTV’s ISP customers to deliver TV content to their Internet subscribers via IP. MultTV, a Brazilian communications company that specializes in providing video services to smaller regional Internet Service Providers, will use C-band capacity on SES-6 to transmit a mix of approximately 60 SD and HD channels to its ISP customers, who will in turn"...
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