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Prysmian to Acquire General Cable for $30.00 Per Share in Cash
December 5, 2017

(AETOS Wire)-- Prysmian Group (BIT: PRY) and General Cable Corporation (NYSE: BGC) today announced that they have entered into a definitive merger agreement under which Prysmian will acquire General Cable for $30.00 per share in cash. The transaction values General Cable at approximately $3 billion, including debt and certain other General Cable liabilities, and represents a premium of approximately 81% to the General Cable"...

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Uday Shankar Named President of 21st Century Fox, Asia
December 5, 2017

(AETOS Wire)-- 21st Century Fox (NASDAQ: FOXA, FOX) today announced that it has elevated Star India Chairman and CEO Uday Shankar to President, 21st Century Fox, Asia, effective immediately.

In his new role, Mr. Shankar will lead 21st Century Fox’s (21CF) video businesses across all of Asia, including Star India and Fox Networks Group, and"...

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Nordson EFD Launches New Optimum ESD-Safe Dispensing Components for High-End Electronics
December 5, 2017

(AETOS Wire)--Nordson EFD, a Nordson company (NASDAQ: NDSN), the world’s leading precision fluid dispensing systems manufacturer, has launched a new line of Optimum® ESD-safe dispensing components. The complete system includes dispense tips, syringe barrels (available in five sizes), and adapter assemblies. These components are designed specifically for precision fluid applications used in manufacturing mobile devices, wearables, medical devices, fiber optics, automobile electronics, and other products. The new ESD-safe (aka electrostatic dissipative) dispensing components provide the highly accurate, consistent, and repeatable micro-deposits required as electronic devices shrink in size with an increasing density of electronic components. Nordson EFD’s Optimum ESD-Safe dispensing components prevent static buildup that can damage fragile substrates, such as semiconductors and printed circuit boards – minimizing costly rejects in the electronics......

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First ‘Light Test Campaign’ in the Middle East
December 4, 2017

This first-ever ‘Light Test Campaign’ in the Middle East will run in the UAE from the 3rd of December to the 17th of December 2017, organized by Osram with the support of RTA and RoadSafetyUAE. Aimed at raising awareness about the dangers posed on our roads by defunct lighting in cars, UAE motorists can get a free check-up on their vehicle lighting at selected service stations."...

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Hyundai holds traffic safety campaign in Saudi Arabia
December 2, 2017

HYUNDAI Motor Company and its authorized distributors in Saudi Arabia, Wallan Trading Company, Almajdouie Motors Co, and Mohamed Yousuf Naghi Motors Co., announced the success of the Hyundai Traffic Safety campaign, which was organized over a period of 45 days.

Aimed at educating university students about traffic laws, regulations and safe driving measures, the initiative was launched under the name ‘Traffic Safety Day’, and reached more"...

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Driving schools to receive women from March
November 20, 2017

Driving schools will start receiving women from March, according to informed sources.

There are about 64 driving schools in the Kingdom which women are expected to join to learn driving to obtain drivers’ licenses.

According to a royal decree, women will be allowed to drive from June 2018.

Many Saudi women who lived or studied abroad have driving licenses of the countries where they lived. Some of them have international"...

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Quick Registration “Corporate Social Responsibility” Initiative:
November 20, 2017

In a line with Dubai Chamber of Commerce and Industry Corporate Social Responsibility initiatives, Free Brakes Check-up for all residents in UAE available at Quick Registration vehicle testing and registration center.

“The brake system of a vehicle is by far the most important safety system that it"...

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55% cars on Saudi roads not insured: Najm CEO
November 12, 2017

About 55 percent of vehicles on the Kingdom’s roads are not insured against accidents, according to a senior executive in the car insurance industry.

Hani Dahhan, chief executive officer of the insurance service company Najm, said Saudi Arabia already lagged behind in road safety with its high number traffic accidents and road fatalities. He said more initiatives were needed to reduce this epidemic, which is wasting human and material resources....

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Inteva Receives Prestigious Hall of Fame Award from SPE Automotive Division
November 10, 2017

(AETOS Wire)-- Inteva Products, a leading global Tier One automotive supplier of engineered components and systems, was named to the Automotive Division of the Society of Plastics Engineers (SPE®) Hall of Fame for the thermoplastic polyolefin (TPO) skin first used on the 2000 Pontiac Bonneville. Inteva accepted the recognition along with its customer, General Motors, at the SPE’s 47th annual Automotive Innovation"...

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