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MENA Pakistan Press Releases

HGEN INVESTOR ALERT: ROSEN, NATIONAL TRIAL LAWYERS, Encourages Humanigen, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – HGEN

NEW YORK, Sept. 04, 2022 (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 the securities of Humanigen, Inc. (NASDAQ: HGEN) between May 28, 2021 and July 12, 2022, both dates inclusive (the “Class Period”). If you wish to serve as lead plaintiff, you must move the Court no later than October 25, 2022.

SO WHAT: If you purchased Humanigen 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 Humanigen class action, go to https://rosenlegal.com/submit-form/?case_id=8376 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 October 25, 2022. 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 throughout the Class Period made false and/or misleading statements and/or failed to disclose material adverse facts about the Company’s business operations and prospects. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (1) lenzilumab was less effective in treating hospitalized COVID-19 patients than defendants had represented; (2) as a result, the U.S. Food and Drug Administration (“FDA”) was unlikely to approve the lenzilumab Emergency Use Authorization (“EUA”) and the ACTIV-5/BET-B study was unlikely to meet its primary endpoint; (3) accordingly, lenzilumab’s clinical and commercial prospects were overstated; 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 Humanigen class action, go to https://rosenlegal.com/submit-form/?case_id=8376 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/.

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

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
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

Categories
MENA Pakistan Press Releases

OM FINAL DEADLINE: ROSEN, A TOP RANKED FIRM, Encourages Outset Medical, Inc. Investors to Secure Counsel Before Important Tuesday Deadline in Securities Class Action – OM

NEW YORK, Sept. 04, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Outset Medical, Inc. (NASDAQ: OM) between September 15, 2020 and June 13, 2022, both dates inclusive (the “Class Period”), of the important September 6, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Outset Medical 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 Outset Medical class action, go to https://rosenlegal.com/submit-form/?case_id=6976 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 September 6, 2022. 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 handle 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 throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) defendants had “continuously made improvements and updates to Tablo over time since its original clearance” that required an additional 510(k) application; (2) as a result, Outset Medical could not conduct a human factors study on a cleared device in accordance with FDA protocols; (3) Outset Medical’s inability to conduct the human factors study subjected Outset Medical to the likelihood of the FDA imposing a “shipment hold” and marketing suspension, leaving the Company unable to sell Tablo for home use; and (4) as a result, defendants’ positive statements about Outset Medical’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Outset Medical class action, go to https://rosenlegal.com/submit-form/?case_id=6976 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/.

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

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
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

Categories
Arabic MENA Press Releases

‫Shanghai Electric تنجز المرحلة الثانية بقدرة 900 ميجاوات من مجمع محمد بن راشد آل مكتوم للطاقة الشمسية

شنغهاي, 4 شتنبر/أيلول 2022/PRNewswire/ –أعلنتShanghai Electric عن بدء تشغيل المرحلة ب من المرحلة الخامسة بقدرة 900 ميجاوات من مجمع محمد بن راشد آل مكتوم للطاقة الشمسية. كجزء من أكبر محطة للطاقة الكهروضوئية في العالم قيد الإنشاء، سيساعد المشروع في دفع دبي لترقية وتحويل مزيج الطاقة لديها من خلال توفير 2268 مليار كيلووات ساعة من إمدادات الطاقة سنويًا عند الانتهاء، وهو ما يكفي لخدمة أكثر من 240 ألف منزل وقادر على خفض 1.1 مليون طن من انبعاثات الكربون سنويًا.

Phase 5 of the Mohammed bin Rashid Al Maktoum Solar Park

“نحن فخورون جدًا برؤية مجمع الطاقة الشمسية وهو يحقق إنجازًا تاريخيًا آخر بعد توصيل المرحلة أ بالشبكة في عام 2021. قال منغ تشوانمين، مدير مشروع المرحلة الخامسة من مجمع محمد بن راشد آل مكتوم للطاقة الشمسية: “الآن، يجري العمل في المرحلة ج بشكل جيد ومن المتوقع أن تكتمل في عام 2023”.

“تتميز عملية بناء المرحلة الخامسة من مجمع محمد بن راشد آل مكتوم للطاقة الشمسية بسلسلة من التحديات، وبلغت ذروتها في ذروة جائحة كوفيد-19 التي عطلت بشدة سلاسل التوريد العالمية. وتغلب الفريق على الصعوبات وتأكد من تنفيذ عمليات شراء وتسليم المواد الخام للمشروع في الوقت المناسب لتجنب أي تأخير في التقدم الشامل “، أضاف منغ.

 لقد بذلت Shanghai Electric أيضًا جهودًا كبيرة للتحكم في التكاليف. مقارنة بفترة ما قبل الجائحة، أصبح شحن الحاويات غير متاح على نطاق واسع، حيث زادت أسعار نقل الكابلات بشكل عام بعشر مرات. لضمان إكمال المشروع في الموعد المحدد، قرر الفريق شحن الكابلات عبر ناقلات البضائع السائبة، على الرغم من أن الحل الجديد يزيد من عبء العمل.

بالإضافة إلى ذلك، نظرًا للحركة الطبيعية وسيولة الكثبان الرملية، اكتشف الفريق لاحقًا أن موقع البناء قد تم رفعه بمئات الآلاف من الأمتار المكعبة مقارنة بالقيمة التي تم مسحها سابقًا، مما أدى إلى إضافة 3 ملايين دولار إلى التكلفة الإجمالية. بعد إجراء تحقيق وبحث شامل، توصلت Shanghai Electric إلى خطة ساعدت الفريق في حل المشكلة مع ضمان عدم حدوث أي انقطاع في تقدم البناء.

قامت أكوا باور، المالك والمطور والمشغل للمرحلة الخامسة من مجمع محمد بن راشد للطاقة الشمسية، بتعيين Shanghai Electric كمقاول للهندسة والمشتريات والبناء ( EPC ) للمشروع في عام 2020. ابتداءً من يوليوز/تموز 2020، تألف المشروع من المراحل أ و ب و ج، بإجمالي قدرة مركبة تبلغ 1050 ميجاوات.

مع الفريق الدولي للمشروع الذي يوظف أكثر من 2500 عامل خلال فترة الذروة، تم الاعتراف بجهود Shanghai Electric لتوحيد أفضل القوى العاملة والموارد والإمدادات العالمية لبناء واحد من أكثر مجمعات الطاقة الشمسية تقدمًا في البلاد من قبل مالك المشروع و شركائه. بالإضافة إلى ذلك، خلق المشروع أيضًا أكثر من 4000 فرصة عمل مباشرة و 10000 فرصة عمل غير مباشرة، حيث لعب دورًا رئيسيًا في تعزيز العمالة المحلية والتنمية الاقتصادية.

كما شاركت Shanghai Electric في بناء المرحلة الرابعة من مجمع محمد بن راشد آل مكتوم للطاقة الشمسية بقدرة 950 ميجاوات، والتي تشمل محطة للطاقة الشمسية المركزة بقدرة 700 ميجاوات ( CSP ) ومحطة للطاقة الكهروضوئية بقدرة 250 ميجاوات ( PV ). إن الطاقة الشمسية المركزة ( CSP ) قادرة على تخزين الطاقة الحرارية خلال النهار، والتي يمكن استخدامها لاحقًا لتوليد الكهرباء في الليل، مما يوفر مصدر طاقة نظيفًا ومستقرًا وموثوقًا على مدار الساعة.

منذ بداية هذا المشروع في عام 2018، وظف أكثر من 8500 عامل خلال فترة الذروة، ومن المقرر توصيل محطة برج الطاقة الشمسية المركزة بطاقة 100 ميجاوات ومحطة الحوض المكافئ II بقدرة 200 ميجاوات بالشبكة في نهاية عام 2022. إنه يتميز بأحدث تقنيات الطاقة الشمسية في العالم والتي ستوفر طاقة نظيفة لنحو 320 ألف أسرة وتقلل 1.6 مليون طن من انبعاثات الكربون كل عام، وتقطع شوطًا طويلاً لمساعدة دبي على تحقيق رؤيتها المتجددة لعام 2050.

نبذة عن Shanghai Electric

مجموعة شنغهاي الكهربائية المحدودة  (SEHK: 2727, SSE: 601727) هي شركة مصنعة للمعدات الراقية على مستوى عالمي، وتركز على الطاقة الذكية والتصنيع الذكي والبنية التحتية الذكية لتوفير حلول أنظمة خضراء وذكية من الدرجة الصناعية. ولها وجود عالمي في صناعات مثل الطاقة الجديدة، والطاقة النظيفة الفعالة، والأتمتة الصناعية، والأجهزة الطبية، وحماية البيئة.

رابط الصورة https://mma.prnewswire.com/media/1890445/Phase_5_Mohammed_bin_Rashid_Al_Maktoum_Solar_Park.jpg

رابط الشعار:  https://mma.prnewswire.com/media/1800747/logo_new_Logo.jpg

Categories
Judicial

Palestinian killed by Israeli fire southern Jenin

A 19-year-old Palestinian youth was shot dead early Monday by Israeli fire during clashes in the Qabatiya refugee camp, south of the West Bank city of Jenin, according to the Palestinian Health Ministry.

The Ministry said in a statement that the young man, Taher Zakarna, was shot in his head and foot, adding that he was rushed to the Jenin public hospital where he was pronounced dead.

Source: Jordan News Agency

Categories
Judicial

Jordan condemns deadly terror attack in Somalia

The Ministry of Foreign Affairs and expatriates on Monday condemned a terrorist attack on relief trucks in central Somalia’s Hiran region, which left dozens of people dead or wounded.

The ministry expressed solidarity with the government and people of Somalia, extended condolences to the victims’ families and wished the injured a speedy recovery.

Source: Jordan News Agency

Categories
Judicial

Prince El Hassan opens int’l conference on human dignity

HRH Prince El Hassan bin Talal, Chairman of the Board of Trustees of the Royal Institute for Inter-Faith Studies (RIIFS), on Monday opened the 37th annual International Conference on Human Dignity Studies, which is organized in cooperation with the World Dignity University Initiative.

Taking part in the virtual and in-person conference, titled “Human Dignity and Humiliation Studies: From United Nations to United People: From the Brink of Disaster to a Future of Dignity”, are local and international intellectuals, academics, Islamic scholars and Christian clergy.

In opening remarks, Prince El Hassan said that human dignity can be an instrument for joint action to raise awareness and promote the basic values that form the core of our humanity, such as compassion, empathy, respect and partnership, in a world of rising challenges and turmoil.

His Highness said that dignity is the search for human solidarity that respects pluralism and diversity, instead of polarization and hatred, calling for human empowerment and approaching the concept of development through the activation and empowerment of societies.

It is high time to talk about the stability of the peoples of the region, and the need to adopt a new vision based on integration and achieving harmony between the human and natural environment, including the water, energy and food sectors, he said.

For her part, RIIFS director Renee Hattar said that the institute focuses on promoting common human values and ethics, which contribute to strengthening cooperation and relations between followers of religions, eliminating misconceptions about the “others” and expanding common denominators in the hope of promoting peaceful coexistence.

Evelen Lindner, co-founder of the World Dignity University Initiative, said that the idea of the initiative began in 2001, as it is concerned with people who want to bring more dignity to the world and was a direct invitation to educators around the world.

The three-day Amman conference will tackle the prevention of all forms of violence and efforts to create the conditions to promote human dignity, as no crises are isolated in today’s interconnected world.

Source: Jordan News Agency

Categories
Judicial

Jordan condemns bombing in Afghanistan

The Foreign Ministry Monday condemned the bombing in the vicinity of the Russian Embassy in Kabul, Afghanistan, that claimed the lives of several, including two Russian embassy staff, and wounded others.

In a press statement, the Ministry affirmed Jordan’s rejection of violence and terrorism and the Kingdom’s strong condemnation and denunciation of the attack on diplomatic missions, expressing its condolences to Russia and the victims’ families. It wished for a speedy recovery for the injured.

Source: Jordan News Agency

Categories
General

Blistering heat forecast to taper off Monday

The scorching heat wave that affected the Kingdom over the last week will start to subside on Monday, as temperatures dip a few degrees, bringing relatively hot conditions in the highlands and the plains, while it will remain hot in other regions, forecasters said.

In a daily brief, the Jordan Meteorological Department (JMD) warned of direct sunlight exposure in much of the Kingdom, particularly in the Jordan Valley, the Badia regions, and Aqaba, and of poor horizontal visibility in the morning hours over heights due to fog formation.

On Tuesday, mercury levels will continue to drop, becoming around the seasonal average and triggering normal summer conditions in most parts of the country, except in the Jordan Valley, the Dead Sea, and Aqaba where it will be relatively hot, with low-altitude clouds and westerly moderate to brisk winds at times, the JMD noted.

According to the report, similar weather conditions will persist on Wednesday, with low clouds and northwesterly moderate to active winds.

Today, mercury in the capital Amman will range between a high of 34 degrees Celsius and a low of 18C, while the port city of Aqaba will see a sweltering 39C, sliding to 27C at night.

Source: Jordan News Agency

Categories
General

Epidemiologists meet CDC delegation

The Jordanian National Center for Epidemiology and Communicable Diseases Control (JCDC) Monday held a meeting with a visiting delegation of the Centers for Disease Control and Prevention (CDC), the national public health agency of the United States.

The US team, which is headed by Regional Director of the Middle East and North Africa Heather Burke arrived in the Kingdom on Sunday on a several-day visit.

Head of the JCDC Raeda Al-Qutob discussed cooperation with the US federal agency in combating epidemics and infectious diseases as well as promoting public health practices to fight such diseases and bioterrorism threats, and boosting Jordan’s health surveillance and information systems.

Al-Qutob said the center was established upon a royal directive after the Covid-19 pandemic struck to curb the spread of diseases in coordination with regional and global partners.

The delegation’s visit followed a series of virtual meetings with US centers in this field with the aim of benefiting from their 70-year expertise and pave the way for further future collaboration and the exchange of know-how, she said.

In addition to setting up a disease information system through multi-sectoral monitoring, the JCDC also seeks to launch a monitoring system and laboratory information network.

The center has full government support to address hindrances to its work, she said, noting cooperation with the ministries of health and digital economy to build a database.

The JCDC is organizing a series of meetings between the US agency and Jordanian officials and government and global entities.

Source: Jordan News Agency

Categories
General

Ministry launches mining sector interactive map

A digital interactive map of the Kingdom’s mineral resources’ geographic distribution as well as potential areas for gas and oil exploration went live on Monday.

The map, accessible at (https://memr.tiny.us/47es2ps8), provides information and a graphical representation of the potential locations of thirteen mineral ores that are available for investment, Minister of Energy and Mineral Resources, Saleh Kharabsheh, said. These include basalt, bentonite, chalk, copper, diatomite, dolomite, feldspar, gold, gypsum, kaolin, phosphate, pure limestone, and silica sand.

The minister stated that the map will serve as an integrated website that will allow potential investors to explore the opportunities in the mining sector of the Kingdom with minimal effort and in the shortest amount of time.

As for the oil shale, which is of high value due to its abundant deposits in Jordan, the map features a specific window indicating its locations, where it can be utilized for power generation or cement production, Kharabsheh noted.

He explained that the map contains technical reports and studies for each mineral, including estimated commercial quantities and other technical details that will help investors assess the feasibility of investing in the Kingdom.

Source: Jordan News Agency