January 5, 2024

The Top 5 Best Places to Work in UAE for 2023 Revealed

DUBAI, UAE – Media OutReach Newswire – 5 January 2024 – BSH, MoneyGram Novo Nordisk, Globalpharma and Middle East Specialized Cables are recognized as the top 5 best places to work in UAE for 2023 according to the annual prestigious “Best Places to Work” certification program. Best Places to Work is an international certification program, considered as the ‘Platinum Standard’ in identifying and recognizing top workplaces around the world, providing employers the opportunity to learn more about the engagement and the satisfaction of their employees and honour those who deliver an outstanding work experience with the highest standards in regards to working conditions.

BSH Home Appliances Middle East was awarded the top position followed by MoneyGram. Novo Nordisk UAE came in the third position followed by Globalpharma, a leading pharmaceutical company in the UAE. MESC, a supplier of choice for instrumentation and control cables by Oil and Gas companies and EPC contractors in the region, came in the fifth position.

Findings from this year indicated that the top performing organizations in UAE continued to invest in creating a highly-engaged workforce, with an average engagement score of 81%,1 point higher compared to last year average and 2 points higher compared with the region average engagement score. In additional, the insights indicate that employees in the UAE have increased expectations regarding their day-to-day work experience, and while other employees have expressed more positivity around areas such as long-term career aspirations and virtual work arrangements within their organisations.

Every year in UAE, the program partners with over 100 organizations, across different industries, to help them measure, benchmark, improve their HR practices and have access to the tools and expertise they need to deliver effective and sustainable change in their organizations.

For more information about the program, please visit www.bestplacestoworkfor.org. Join our community on LinkedIn, Twitter, and Facebook.

Contacts : Hamza Idrissi | hamza@bestplacestoworkfor.org | +44 208 895 6562

January 5, 2024

ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Eagle Pharmaceuticals, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – EGRX

NEW YORK, Jan. 04, 2024 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Eagle Pharmaceuticals, Inc. (NASDAQ: EGRX) between August 8, 2023 and November 28, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 9, 2024.

SO WHAT: If you purchased Eagle Pharmaceuticals securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Eagle Pharmaceuticals class action, go to https://rosenlegal.com/submit-form/?case_id=20722 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 9, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made materially false and misleading statements, as well as failed to disclose material adverse facts about Eagle Pharmaceuticals’ business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) Eagle Pharmaceuticals was experiencing slower-than anticipated pull-through from a wholesale customer predominantly due to expiry of inventory; (2) as a result, Eagle Pharmaceuticals had overstated its revenue; (3) Eagle Pharmaceuticals did not have effective internal controls and procedures over financial reporting as to PEMFEXY sales; and (4) as a result of the foregoing, defendants’ positive statements about Eagle Pharmaceuticals’ business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Eagle Pharmaceuticals class action, go to https://rosenlegal.com/submit-form/?case_id=20722 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
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cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9012901

January 5, 2024

CMI INVESTOR ALERT: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Cummins Inc. Investors to Inquire About Securities Class Action Investigation – CMI

NEW YORK, Jan. 04, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Cummins Inc. (NYSE: CMI) resulting from allegations that Cummins may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Cummins securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=21566 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On December 22, 2023, the United States Department of Justice issued a press release entitled “Attorney General Merrick Garland Statement on the Agreement in Principle with Cummins to Settle Alleged Installation of Illegal Defeat Devices in Engines.” It stated, in pertinent part, “[e]ngine manufacturer Cummins Inc. today disclosed that it has reached an agreement in principle with the United States and State of California to pay a $1.675 billion penalty to settle claims that it violated the Clean Air Act by installing emissions defeat devices on hundreds of thousands of engines.”

On this news, the price of Cummins stock fell $7.01, or 2.87%, to close at $236.99 on December 22, 2023.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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GlobeNewswire Distribution ID 9012895

January 5, 2024

ROSEN, A GLOBALLY RECOGNIZED FIRM, Encourages ACELYRIN, INC. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SLRN

NEW YORK, Jan. 04, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of ACELYRIN, INC. (NASDAQ: SLRN) between May 4, 2023 and September 11, 2023, both dates inclusive (the “Class Period”), of the important January 16, 2024 lead plaintiff deadline.

SO WHAT: If you purchased ACELYRIN securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the ACELYRIN class action, go to https://rosenlegal.com/submit-form/?case_id=20478 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 16, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) izokibep was less effective in treating Hidradenitis Suppurativa (“HS”) than defendants had led investors to believe; (2) accordingly, ACELYRIN overstated izokibep’s clinical and/or commercial prospects; (3) as a result, ACELYRIN also overstated the Company’s business prospects post-IPO; and (4) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the ACELYRIN class action, go to https://rosenlegal.com/submit-form/?case_id=20478 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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GlobeNewswire Distribution ID 9012889

January 5, 2024

China’s vehicle production, sales shatter record, surpassing 30 Million in 2023

China’s auto industry roared back in 2023, defying challenges to reach a historic milestone: production and sales both surpassed 30 million units, setting record highs for the year. This remarkable achievement showcases the industry’s resilience, vast potential, and the power of China’s massive market, according to China’s Economic Daily.

Though official figures by the China Association of Automobile Manufacturers won’t be released until next week, December snapshots and year-to-date data suggest China’s auto industry crossed the 30 million production mark in 2023, setting a record high. This significant leap forward signifies a major turning point for the industry, paving the way for further growth and innovation, the newspaper added.

China’s annual car sales surpassed those of the United States in 2009, making it the world’s top-selling country. This record has been maintained for 15 consecutive years, the paper continued.

Source: Emirates News Agency

January 5, 2024

24 Injured In New York Subway CrashGPSSA announces pension disbursement dates during 2024

New York: Twenty-four people were hurt in the crash near 96th Street, according to the Metropolitan Transportation Authority in the United States. Per officials, their wounds were not life-threatening, the New York Times reported.

An internal police report said a work train was changing tracks when it was hit by the passenger train, which led to the derailment, though no details on why they collided were in the report, according to the New York Times.

Source: Jordan News Agency

The General Pension and Social Security Authority (GPSSA) has announced the pension disbursement dates for the year 2024.

GPSSA said that pension disbursements will take place on the 27th of each month, with exceptions to months such as January, April and July, where pension will be disbursed on the 26, in addition to October, where pension will be disbursed even earlier.

GPSSA emphasises that announcing the dates early allows pensioners to proactively manage their financial plans throughout the year and make necessary arrangements.

Source: Emirates News Agency

January 5, 2024

Umm Al Emarat Park to host Abu Dhabi’s First Community Special Olympics Event

Umm Al Emarat Park is hosting the city’s very first Community Athletics Festival for People of Determination in collaboration with Special Olympics UAE and Abu Dhabi Athletics Club.

Taking place on 5th January at the Park’s Great Lawn, this event promises guests a day of excitement and inclusivity aiming to celebrate the strength and resilience of People of Determination.

Umm Al Emarat Park’s pioneering spirit is evident in its commitment to creating a space where everyone can come together, participate and celebrate their individuality through sports and activities.

Park visitors can anticipate a variety of Olympic Games, including football, gymnastics, bocce ball, powerlifting and more, while being supported by shadow teachers who will guide the games.

The Park is set to enchant young ones with an Arabic puppet show, redefining emotional expression for children of all abilities. The puppet show features seven meticulously crafted puppets, each representing a unique emotion and providing a platform for
children to explore and express their feelings.

Guests can once again experience the thrill of meeting birds of prey and reptiles at the Animal Barn pop-up and engage with expert handlers with insightful conversations and snap photos, on 5th and 6th January and 12th and 13th January.

A lively Clown Show and Twisted Balloons performance is set to captivate the audience this weekend. As the evening progresses, young guests can participate in a Cardio session tailored for kids, offering a fantastic opportunity for children to stay active.

Those wishing to take part are encouraged to book in advance through the WhatsApp line at +971 589 450 882.

Additionally, ‘Your Dental Medical Centre’ will be offering guests free dental consultation service, along with exclusive giveaways and discount vouchers, on 5th and 6th January.

This weekend, cinema enthusiasts can anticipate the screening of their favorite movies at Cinema at the Park. Catch ‘Smurfs: The Lost Village’ on Friday, 5th January, followed by ‘The Boss B
aby 2’ screening on Saturday, 6th January.

Source: Emirates News Agency

January 5, 2024

Abu Dhabi City Municipality opens up cricket field in Musaffah Industrial

Abu Dhabi City Municipality (ADM), through Musaffah Municipality Centre and in collaboration with Al Rashed Transport, announced the opening of a cricket field in Musaffah Industrial.

This initiative reflects ADM’s dedication to promoting sports, health, and community well-being.

The project embodies a strong commitment to social responsibility and private sector participation in developing recreational and service facilities. Al Rashed Transport played a crucial role in providing all necessary equipment and overseeing the field’s construction.

Situated in Basin No. 43 of the Musaffah Industrial Area, conveniently located next to the Musaffah Bazaar Market and opposite the ICAD Labour City and walking track, the field boasts a spacious 8,750 square meters.

ADM extends its thanks to Al Rashed Transport for their invaluable social contribution and support. This partnership between the public and private sectors underscores a shared commitment to enhancing the quality of life in the community by providing m
ore service, recreational, and sports facilities.

With the opening of this cricket field, a cricket match was held with the participation of many workers in a joyful, euphoric, and competitive atmosphere, additionally, awards, medals, and cups were conferred upon the winners in appreciation for their participation and to encourage organising more sports events.

Source: Emirates News Agency

January 5, 2024

Dubai Police Carnival kicks off at City Walk

Major General Saif Muhair Al Mazrouei, Director of the General Department of Traffic at Dubai Police and Deputy Chairman of the Dubai Event Security Committee, inaugurated the “Dubai Police Carnival” at City Walk.

The carnival coincides with the graduation ceremony of the Dubai Police Academy in collaboration with the Dubai Shopping Festival and will continue until 7th January.

The event was attended by Brigadier Mansoor Al Qargaoui, Director of the General Department of Administrative Affairs; Brigadier Misbah Saeed Al Ghafli, Deputy Director of the General Department for Organisation Protective Security and Emergency Affairs; Ahmad Al Jemairi, Director of Business Events at the Department of Economy and Tourism in Dubai; Magi Abdulbasit, Director of the Dubai Shopping Festival; and Ahmad Al Marzooqi, Senior Events Manager.

The carnival showcases future police projects and the latest advancements in safety and technology, offering a vibrant experience with participation from security teams and musical an
d military parades.

Al Mazrouei toured the carnival’s booths, highlighting Dubai Police’s journey of innovation and excellence, leading to global recognition, cutting-edge projects, advanced criminal evidence science applications, and technical tools shaping the future of law enforcement to enhance security and community happiness.

Al Mazrouei affirmed that the innovation strategy and readiness of Dubai Police are crucial enablers for the police work system, expressing pride in Dubai Police’s achievements in innovation.

Brigadier Mansoor Al Qargaoui explained that the carnival’s launch, coinciding with Dubai Police Academy’s graduation ceremony, reflects Dubai Police’s community goals and commitment to promoting happiness and security among community members.

He highlighted that the carnival features a variety of police shows, musical bands, and activities focusing on the Dubai Police’s role in enhancing community happiness and security.

The accompanying events include displays from the Dubai Police Cust
omer Happiness Centre, luxury security patrols, the music band, police dogs, bicycle and cavalry shows, and the Hemaya School students’ presentation.

Source: Emirates News Agency

January 5, 2024

AD Ports Group, Red Sea Port Authority initial 15-year concession agreement to boost cruise tourism in Egypt

AD Ports Group today initialled a 15-year concession agreement with the Red Sea Port Authority (RSPA), to operate and manage three cruise terminals at Safaga, Hurghada, and Sharm El Sheikh ports.

The agreement also encompasses the renovation of the Sharm El Sheikh terminal, with the ultimate aim of enhancing the cruise tourism experience in Egypt. A definitive concession agreement is expected to be concluded in the first quarter of 2024, subject to regulatory approvals.

The concession agreement was initialled in the presence of Lieutenant-General Eng. Kamel El Wazir, Egypt’s Minister of Transport, by Major General Mohamed Abdel Rahim, Chairman of the Board of Directors of the Red Sea Ports Authority and Ahmed Al Mutawa, Regional CEO, AD Ports Group, at the Egyptian Ministry of Transportation in New Capital City – Cairo.

The collaboration will see AD Ports Group investing US$3 million over 15 years in the management and operation of the three cruise terminals to provide new services, improve access for cru
ise operators and add new itineraries through the Group’s cruise terminal network in the Red Sea.

This will strengthen AD Ports Group’s cruise business in the Red Sea region, supporting volumes of cruise passengers and elevating passenger and cruise experiences.

Ahmed Al Mutawa, Regional CEO, AD Ports Group, said, ‘This agreement is a testament to our commitment to fostering tourism in the Red Sea region and strengthening the existing ties between the United Arab Emirates and Egypt. With an investment of US$3 million, AD Ports Group is poised to boost cruise tourism in the Red Sea, bringing world-class services and facilities to these ports, whilst supporting economic growth for Egypt.’

This latest partnership comes in the wake of the signing of a definitive concession agreement between AD Ports Group and RSPA for the development and operation of a multi-purpose terminal at Safaga Sea Port.

This collaboration will see an investment of US$ 200 million over 3 years, aimed at developing a state-of-the-art fa
cility within the strategic location of the Red Sea. It will be the first internationally operated port serving the Upper Egypt region.

AD Ports Group inaugurated the Aqaba Cruise Terminal, the first-of-its-kind facility in Jordan. This new addition to the Group’s Red Sea portfolio forms part of its cruise expansion strategy aimed at elevating passengers’ cruise experience, globally.

Source: Emirates News Agency

January 5, 2024

Kuwait oil price up to US$80.73 pb

The price of Kuwaiti crude oil rose by US$3.38 to US$80.73 per barrel on Thursday, compared with US$77.35 per barrel a day earlier, said Kuwait Petroleum Corporation (KPC) Friday.

According to Kuwait News Agency (KUNA), in international markets, Brent crude dropped by $66 cents to $77.59 per barrel, the same case with the West Texas Intermediate, which fell $51 cents to $72.19 per barrel.

Source: Emirates News Agency

January 5, 2024

UAE welcomes 8th group of wounded Palestinian children, cancer patients

The eighth group of wounded Palestinian children and cancer patients arrived in the UAE on Friday in implementation of the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, to provide medical treatment for 1,000 wounded children, and 1,000 cancer patients from the Gaza Strip, in the UAE’s hospitals.

Departing from Al Arish International Airport, the plane landed at Abu Dhabi International Airport, carrying 28 Palestinians in the most urgent need of medical assistance, accompanied by 35 members of their families.

The Emirates News Agency (WAM) accompanied the plane and spoke with the Palestinian families upon their arrival. They hailed the UAE’s “unique model” in responding to the urgent humanitarian needs of the Palestinian people, highlighting the country’s comprehensive initiatives in providing both humanitarian and medical assistance to alleviate their suffering.

They expressed their sincere thanks and appreciation to the UAE for this humanitarian initiative. The UAE’s hospitals
provide the highest levels of healthcare for the injured and cancer patients, in embodiment of the directives of the country’s wise leadership.

Since the onset of the crisis, the UAE has been a steadfast supporter of Gaza, launching Operation “Gallant Knight 3” on November 5th, 2023, to provide humanitarian assistance to the Palestinian people in the Gaza Strip.

The United Arab Emirates has strengthened its humanitarian response to the crisis through the continuous flow of food, humanitarian, and emergency medical assistance to the Palestinian people.

The country established a 150-bed field hospital in Gaza, where over 100 major and critical surgeries have been performed.

According to the statistics of ‘Gallant Knight 3’ operation, until Thursday, 4th January, the UAE’s hospitals have received 395 cases of Palestinian children and cancer patients, while the total number of cases received at the UAE field hospital in Gaza reached 1,098 cases.

The UAE also launched six desalination plants in the Rafah, Egy
pt, to address the dire water infrastructure situation in Gaza and ensure the Palestinian people’s access to safe drinking water. The plants work to desalinate about 1.2 million gallons per day, and pump them through pipes that extend into Gaza.

The competent authorities in the UAE implemented the ‘Tarahum – for Gaza’, a campaign to provide relief aid to the Palestinian people impacted by the war in the Gaza Strip to alleviate the suffering of the most vulnerable groups, especially children, women, and the elderly.

In continuation of these initiatives, the United Arab Emirates University has welcomed 33 students from the Gaza Strip to study at the expense of the UAE.

These initiatives exemplify the UAE’s long-standing dedication to supporting the Palestinian people, alleviating their hardships, and fostering solidarity and cooperation through impactful humanitarian efforts.

Source: Emirates News Agency