AED

Asahi Kasei Microdevices Has Developed a Tiny Analog-to-Digital Converter for Smart Security Sensors That Features Integrated Glass-Break Detection for Only 34 μA

Retrieved on: 
Wednesday, February 7, 2024

Asahi Kasei Microdevices Corporation (AKM), a subsidiary of the Asahi Kasei Group, has developed the AK5707, an ultra-low-power monaural 16-bit A/D converter (ADC) equipped with the integrated Acoustic Activity Analyzer (AAA), an analog acoustic event detector (AED).

Key Points: 
  • Asahi Kasei Microdevices Corporation (AKM), a subsidiary of the Asahi Kasei Group, has developed the AK5707, an ultra-low-power monaural 16-bit A/D converter (ADC) equipped with the integrated Acoustic Activity Analyzer (AAA), an analog acoustic event detector (AED).
  • View the full release here: https://www.businesswire.com/news/home/20240207170717/en/
    Asahi Kasei Microdevices’ newly developed AK5707, a low-power monaural 16-bit ADC.
  • (Photo: Business Wire)
    Operating at only 34µA, the AK5707’s AAA block listens for acoustic events fitting user-customizable profiles and, upon detection, activates the device’s built-in ADC, initiating recording to the integrated audio buffer.
  • The AK5707’s Acoustic Activity Analyzer block, which consumes only 34µA while listening for qualifying audio events, is far more capable than typical loudness-based detection.

Revenue Based Financing leader Klub becomes the first to secure a credit fund licence; aims to invest AED 1 billion in the Middle East

Retrieved on: 
Tuesday, February 6, 2024

DUBAI, UAE, Feb. 6, 2024 /PRNewswire/ -- Klub, India's largest platform for Revenue Based Financing (RBF) announced its expansion to the Middle East. Klub has received the relevant permission (Category 3C) to manage private credit funds under the newly instituted credit fund regime by the Financial Services Regulatory Authority (FSRA), Abu Dhabi Global Markets (ADGM).

Key Points: 
  • This regulatory approval marks a pivotal moment in Klub's journey, granting them the distinction of being the first Revenue Based Financing focused credit fund to expand in the Middle East region.
  • One of the key strategic advancements is the establishment of an AED 1 billion credit umbrella focusing on investing in credit products for the growth of SMEs and startups in the region.
  • Klub's expansion into the Middle East signifies a transformative moment in the landscape of Revenue Based Financing.
  • In 2022, Klub closed its maiden AED 100 million SEBI-registered credit fund in India, which is now fully deployed.

Revenue Based Financing leader Klub becomes the first to secure a credit fund licence; aims to invest AED 1 billion in the Middle East

Retrieved on: 
Tuesday, February 6, 2024

DUBAI, UAE, Feb. 6, 2024 /PRNewswire/ -- Klub, India's largest platform for Revenue Based Financing (RBF) announced its expansion to the Middle East. Klub has received the relevant permission (Category 3C) to manage private credit funds under the newly instituted credit fund regime by the Financial Services Regulatory Authority (FSRA), Abu Dhabi Global Markets (ADGM).

Key Points: 
  • This regulatory approval marks a pivotal moment in Klub's journey, granting them the distinction of being the first Revenue Based Financing focused credit fund to expand in the Middle East region.
  • One of the key strategic advancements is the establishment of an AED 1 billion credit umbrella focusing on investing in credit products for the growth of SMEs and startups in the region.
  • Klub's expansion into the Middle East signifies a transformative moment in the landscape of Revenue Based Financing.
  • In 2022, Klub closed its maiden AED 100 million SEBI-registered credit fund in India, which is now fully deployed.

Kimball Electronics Reports Q2 Results; Company Updates Guidance for Fiscal 2024

Retrieved on: 
Monday, February 5, 2024

As a reminder, the previous guidance was an estimate of net sales flat with the prior year.

Key Points: 
  • As a reminder, the previous guidance was an estimate of net sales flat with the prior year.
  • Operating income is now expected to be in the range of 4.2% to 4.6% of net sales, compared to the prior estimate of flat with fiscal 2023.
  • The guidance for capital expenditures did not change with a range of $70 to $80 million.
  • We recorded a $2 million allowance for credit losses associated with a customer who is not in bankruptcy, but their ability to pay an outstanding balance was deemed questionable.

Giant Pharmacy Launches CPR Certification Program for Local Organizations and Businesses

Retrieved on: 
Monday, February 5, 2024

LANDOVER, Md., Feb. 5, 2024 /PRNewswire/ -- Giant Food, the leading greater Washington, D.C. regional grocery chain, today announces the launch of its CPR Certification Program, a new service offered to local businesses and organizations. The program, offering two-year certifications led by Giant Food's certified pharmacists, will provide the skills necessary to respond to life-threatening cardiac emergencies. The program, which will offer convenient on-site training at your location, makes Giant the first community pharmacy to offer this type of service.

Key Points: 
  • LANDOVER, Md., Feb. 5, 2024 /PRNewswire/ -- Giant Food , the leading greater Washington, D.C. regional grocery chain, today announces the launch of its CPR Certification Program, a new service offered to local businesses and organizations.
  • The program, which will offer convenient on-site training at your location, makes Giant the first community pharmacy to offer this type of service.
  • Giant's CPR Certification Program is available for groups of six or more individuals starting at $69.99 per person.
  • Contact the Giant CPR team at [email protected] to learn more about developing a custom certification program for any organization.

UAE Movers Market: Accelerated Growth with Forecasted Valuation of AED 835.2M by 2028

Retrieved on: 
Monday, February 5, 2024

GURUGRAM, India, Feb. 5, 2024 /PRNewswire/ -- Ken Research's latest study forecasts a robust expansion in the UAE Movers Market, with a projected value of AED 835.2 million by 2028. This growth, at a compound annual growth rate (CAGR) of 11.7% from 2022 to 2028, signifies a rapidly evolving relocation industry within the UAE, reflective of the region's dynamic economic landscape. 

Key Points: 
  • GURUGRAM, India, Feb. 5, 2024 /PRNewswire/ -- Ken Research's latest study forecasts a robust expansion in the UAE Movers Market , with a projected value of AED 835.2 million by 2028.
  • This growth, at a compound annual growth rate (CAGR) of 11.7% from 2022 to 2028, signifies a rapidly evolving relocation industry within the UAE, reflective of the region's dynamic economic landscape.
  • The UAE government's initiatives and regulatory frameworks are playing a crucial role in shaping the movers market.
  • Our comprehensive report on the UAE Movers Market provides deep dives into market trends, competitive analysis, and strategic planning for informed decision-making.

UAE Movers Market: Accelerated Growth with Forecasted Valuation of AED 835.2M by 2028

Retrieved on: 
Monday, February 5, 2024

GURUGRAM, India, Feb. 5, 2024 /PRNewswire/ -- Ken Research's latest study forecasts a robust expansion in the UAE Movers Market, with a projected value of AED 835.2 million by 2028. This growth, at a compound annual growth rate (CAGR) of 11.7% from 2022 to 2028, signifies a rapidly evolving relocation industry within the UAE, reflective of the region's dynamic economic landscape. 

Key Points: 
  • GURUGRAM, India, Feb. 5, 2024 /PRNewswire/ -- Ken Research's latest study forecasts a robust expansion in the UAE Movers Market , with a projected value of AED 835.2 million by 2028.
  • This growth, at a compound annual growth rate (CAGR) of 11.7% from 2022 to 2028, signifies a rapidly evolving relocation industry within the UAE, reflective of the region's dynamic economic landscape.
  • The UAE government's initiatives and regulatory frameworks are playing a crucial role in shaping the movers market.
  • Our comprehensive report on the UAE Movers Market provides deep dives into market trends, competitive analysis, and strategic planning for informed decision-making.

Eisai: Antiepileptic Drug Fycompa Injection Formulation Approved in Japan

Retrieved on: 
Thursday, January 18, 2024

TOKYO, Jan 18, 2024 - (JCN Newswire) - Eisai Co., Ltd. announced today that it has obtained marketing authorization approval from the Japanese Ministry of Health, Labour and Welfare for the injection formulation of its in-house discovered antiepileptic drug (AED) Fycompa (perampanel) in Japan as an alternative therapy when oral administration is temporarily not possible.

Key Points: 
  • TOKYO, Jan 18, 2024 - (JCN Newswire) - Eisai Co., Ltd. announced today that it has obtained marketing authorization approval from the Japanese Ministry of Health, Labour and Welfare for the injection formulation of its in-house discovered antiepileptic drug (AED) Fycompa (perampanel) in Japan as an alternative therapy when oral administration is temporarily not possible.
  • Fycompa is a first-in-class AED discovered at Eisai's Tsukuba Research Laboratories.
  • Two oral formulations of Fycompa are available in Japan: a tablet and a fine granule formulation.
  • Since Fycompa is the only AMPA receptor antagonist-based AED, Eisai developed this injection formulation to meet the needs of patients who are unable to use oral administration, and filed a supplementary new drug application as a new route of administration in August 2022, leading to this approval.

MAG EXPANDS INTERNATIONALLY, ANNOUNCES NEW KETURAH PROJECT IN SWITZERLAND

Retrieved on: 
Tuesday, January 30, 2024

Valued at AED 781 million (CHF 185 million), the project will embody the Bio Living concept that incorporates nature into the built environment to improve its occupants' physical, mental and emotional health.

Key Points: 
  • Valued at AED 781 million (CHF 185 million), the project will embody the Bio Living concept that incorporates nature into the built environment to improve its occupants' physical, mental and emotional health.
  • Apartments at the project are designed to blend function and beauty and create exceptional liveable spaces.
  • In his comments, Talal Moafaq Al Gaddah, CEO of MAG Lifestyle Development, said: "We are pleased to take the Keturah brand internationally to Switzerland with the launch of a new project in partnership with A++ Group.
  • The new Keturah project follows the successful launch of 'The Ritz-Carlton Residences, Dubai, Creekside', part of the Keturah Resort, Keturah Reserve and the soon-to-be-launched Keturah Downtown developments, all in Dubai.

Hamilton Reserve Bank Accepts 70 Deposit Currencies, Expanding Staff, Offices Worldwide In 2024

Retrieved on: 
Wednesday, January 17, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240117015042/en/
    Hamilton Reserve Bank is now accepting 70 different currencies as client deposits, including all of the world’s major currencies.
  • Powered by Temenos , the world’s largest banking software provider, Hamilton Reserve Bank enables fast customer onboarding 100% online in 20 minutes .
  • Ghassan Nasr, CEO , International Markets of Hamilton Reserve Bank commented: “What makes Hamilton Reserve Bank so successful as the primary local bank for our worldwide clients is quite simple: total privacy, fast banking transactions, and best hassle-free private banking services.
  • These 70+ deposit currencies have well-positioned Hamilton Reserve Bank as the ‘local global bank’ for many clients.