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HIGHGATE ANNOUNCES AGREEMENT TO ACQUIRE VICEROY HOTELS & RESORTS

NEW YORK, Dec. 15, 2022 /PRNewswire/ — An affiliate of the Principals of Highgate announced today that it has entered into a definitive agreement to purchase Viceroy Hotels & Resorts (Viceroy). The LA-based, award-winning hospitality group is known for its highly individual modern luxury hotels and resorts throughout the world, and was voted one of the top 10 hotel brands globally in the 2022 Travel + Leisure World’s Best Awards. The Viceroy brand debuted in 2000 with the launch of Viceroy Santa Monica and has evolved into a portfolio of hotels and resorts in iconic destinations such as St Lucia, Chicago, Los Cabos and Snowmass.

Highgate Logo

“We are excited for Viceroy’s future and we believe that this acquisition will not only fuel the future expansion of our brand, but also give us a true partner, one who will offer incredible support, opportunity and collaboration. This deal will accelerate our momentum, and solidify our position as the leading modern luxury lifestyle brand in our space,” stated Bill Walshe, CEO of Viceroy.

“We are thrilled to execute this transaction with Viceroy. Viceroy has built an outstanding customer reputation due in part to its strong service culture and incredible team,” said Richard Russo, Principal at Highgate. “Through complementing Viceroy’s platform and DNA with Highgate’s diversified ability to grow through real estate acquisitions, development, and third-party growth channels, Highgate intends to add brand-accretive hotels to the Viceroy portfolio that will further enhance customer perception and brand awareness. Further, through powering Viceroy with a proprietary relationship with Highgate’s operating company, and imparting the benefits of Highgate’s scale, we will be able to provide significant incremental value to associates, guests, owners and partners.”

“We look forward to working with the Viceroy team to add visible and impactful hotels to the platform, and cement Viceroy as one of the most noteworthy luxury lifestyle hotel brands in the industry,” continued Russo. “In the coming months, we will be announcing exciting additions to the portfolio in major urban gateway markets and select resort destinations that will invoke the distinct quality and luxury service that Viceroy has long been known for.”

The transaction is expected to close in early 2023. For more information on Highgate, visit Highgate.com.

ABOUT HIGHGATE:

Highgate is a leading real estate investment and hospitality management company with over $20 billion of assets under management. Highgate has a 30-year track record as an investment manager, operating partner, and developer for REITs, private equity firms, sovereign wealth funds, high net worth individuals, and other institutional investors. With a particular focus in hospitality real estate, Highgate’s portfolio includes over 500 owned and/or managed hotels comprising over 84,000 rooms across the United States, Europe, Latin America, and the Caribbean. Highgate’s capabilities extend to adjacent real estate verticals including multifamily, short-term rentals, and diversified healthcare real estate, as well as investments in real estate-linked securities, technology platforms, and hospitality-related operating businesses. Highgate maintains corporate offices in New York, Dallas, Los Angeles, London, Miami, Seattle, and Waikiki. For more information, visit: www.highgate.com

ABOUT VICEROY HOTELS & RESORTS:

Viceroy Hotels & Resorts is a global modern luxury brand, inspiring travelers with one-of-a-kind, authentic experiences that bring together provocative design and intuitive service. Dynamic destinations immersed in the local community and culture are at the core of the Viceroy guest experience, and to better serve travelers the brand has established three unique hotel categories consisting of the Icon Collection composed of unparalleled properties furnishing lavish experiences, the Lifestyle Series offering energizing stays in vibrant locales, and Urban Retreats based in bold, eccentric cities. Viceroy’s portfolio of hotels and resorts can be found in a diverse array of breathtaking and inspiring destinations, including Los Cabos, Santa Monica, Chicago, Beverly Hills, Riviera Maya, Snowmass, San Francisco, Washington D.C. and St. Lucia. In 2020, the brand expanded to D.C. with the opening of the Viceroy Washington DC and Hotel Zena (Washington D.C.), and Viceroy is growing its international portfolio with the recent opening of Viceroy Kopaonik Serbia and looking ahead with Viceroy at Ombria Resort Algarve (Portugal) in 2023 and Viceroy Bocas Del Toro Panama in 2024. Additionally, Viceroy was named in the top ten of ‘Top 25 Hotel Brands’ on Travel + Leisure World’s Best Awards 2022.

Viceroy for Everyone, Viceroy’s ongoing commitment to diversity, equity and inclusion to its colleagues and guests can be found at www.viceroyhotelsandresorts.com/about-us/diversity-equity-inclusion.

Viceroy is a member of the Global Hotel Alliance (GHA) DISCOVERY, a unique loyalty program offering exclusive benefits and experiences to its members at over 800 hotels around the world. For more information, visit www.viceroyhotelsandresorts.com. Follow Viceroy on Facebook and Instagram.

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Africa MENA Press Releases PRNewswire South Africa

POWERCHINA Blue Reflects on Qatar’s Gobi Desert

BEIJING, Dec. 15, 2022 /PRNewswire/ —  A news report from CRI Online:

The 800.15MWp Al-Kharsaa PV plant built by Power Construction Corporation of China (POWERCHINA) is located in the desert about 80km west of Doha, the capital of Qatar. It is currently the third largest single PV project in the world, and the largest PV project using tracking system and the largest PV project in the world using both double-sided double-glass modules, tracking brackets and string inverters. It is also the world’s largest PV project with a tracking system and the largest PV project in the world to use double-sided double-glass modules, tracking mounts and string inverters. One month before the start of the World Cup, the project was successfully connected to the grid at full capacity, supporting Qatar’s commitment to host a “carbon-neutral” World Cup.

As part of Qatar National Vision 2030, the project covers an area equivalent to 1,400 soccer fields and is expected to provide approximately 18TWh of clean electricity per year, meeting the annual electricity consumption of approximately 300,000 households and 10 percent of the country’s peak load. While the carbon savings from the plant can offset half of the emissions generated by this year’s World Cup.

What’s worth mentioning is that the equipment in the PV area of the project mainly adopts China-made Longi modules, Sungrow inverters and POWERCHINA SPEM’s integrated box-type medium voltage transformers. The total amount of equipment accounts for more than 60% of the total contract amount. Chinese brands are taken to the Middle East market along with the project, providing solid support for the construction of the Belt and Road Initiative.

 

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‫Zscaler Cloud Security تحول سوق الشرق الأوسط

دبي، الإمارات العربية المتحدة،  15 ديسمبر، 2022 / PRNewswire / — تستفيد أكبر البنوك والحكومة ومؤسسات النفط والغاز من  Zsaler ، أكبر سحابة أمنية في العالم، لربط مستخدميها بالتطبيقات من أي مكان باستخدام أي جهاز. تحتوي سحابة  Zscaler  على أكثر من 150 مركز بيانات عالمي وتعالج أكثر من 250 مليار معاملة آمنة يوميا — أي 20 ضعف عدد عمليات بحث  Google  يوميًا!

مع تسارع التحول الرقمي في الشرق الأوسط، تتبنى الشركات والمؤسسات الحكومية بشكل متزايد الخدمات السحابية و تتحول من أمن الشبكات التقليدية إلى الأمن القائم على السحابة. لدى  Zscaler  أكثر من 100 عميل في جميع أنحاء المنطقة، بما في ذلك البنوك المحلية الكبيرة وشركات  النفط والغاز والمؤسسات الحكومية. ولدعم التحول الرقمي في جميع أنحاء الشرق الأوسط، استثمرت الشركة بقوة في بناء بنيتها التحتية المحلية (المملكة العربية السعودية والإمارات العربية المتحدة وقطر والكويت) والأشخاص بما في ذلك فرق المبيعات المتعددة (انظر الصورة) بالإضافة إلى وظائف الهندسة والدعم.

يقول لورانس موريسون، نائب الرئيس للأعمال في الشرق الأوسط: “هدفنا الرئيسي على مدار الـ 24 شهرًا القادمة هو الاستمرار في زيادة القيمة للعملاء من خلال مساعدتهم على تبسيط البنية التحتية الأمنية الخاصة بهم من خلال الاستفادة من سحابة الأمان الخاصة بنا لخفض التكاليف من خلال دمج منتجات النقاط، وزيادة تجربة المستخدم (مثل  Microsoft 365 ) من خلال الاتصال مباشرة من خلال أسرع مسار وتحسين الأمان ضد برامج الفدية وفقدان البيانات من خلال الثقة المعدومة. لدينا الآن أكثر من 25 شخصًا مكرسين لأعمالنا في الشرق الأوسط، مع وجودي أنا وغالبية الفريق في دبي “.

https://www.zscaler.com/

 الصورة – https://mma.prnewswire.com/media/1967448/Zscaler_Cloud.jpg

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‫ماج توقع إتفاقية مع “كوين مينا” لتسهيل معاملات شراء العقارات بالعملات الرقمية

–  يهدف المطور العقاري إلى توفير طرق جديدة للمستثمرين لتنويع محافظهم الاستثمارية عبر العملات الرقمية، والمساهمة في تعزيز اقتصاد دبي المزدهر

  دبي – الإمارات العربية المتحدة

15 ديسمبر / كانون أول 2022

/PRNewswire/ —

  أعلنت ماج، المطور العقاري الرائد في دولة الإمارات العربية المتحدة، عن توقيع إتفاقية مع “كوين مينا”، منصة تداول العملات الرقمية الرائدة في الوطن العربي. وتهدف الاتفاقية إلى تسهيل عمليات شراء العقارات باستخدام العملات الرقمية، والمساهمة في تسريع نمو اقتصاد دبي الجديد. وبموجب هذه الإتفاقية، سيقبل المطور العملتين الرقميتين المستقرتين USDT و USDC.

وتعدّ “كوين مينا”، التي تتخذ في مملكة البحرين مقراً لها، منصة منظمة ومرخصة من قبل بنك البحرين المركزي كمزود لخدمات العملات الرقمية من الفئة الثالثة. ومن خلال إتاحة المجال أمام المستثمرين الأفراد والمؤسسات لربط حساباتهم البنكية مع محافظ “كوين مينا” مباشرة، تتيح المنصة للمستخدمين خيارات الاستثمار في العملات الرقمية.

وقال طلال موفق القداح ، النائب التنفيذي الأول لرئيس مجلس الإدارة في ماج : “يسعدنا توق ي ع هذه ال إتفاقية مع “كوين مينا” لقبول العملات الرقمية من خلال منصتها المتطورة. ومن منطلق حرصنا على تحقيق المزيد من التطور، فإننا نواكب الآليات السائدة في السوق حالياً، والعمل على تلبية المتطلبات الفائقة لمستثمرينا الكرام الذين يتطلعون إلى تحويل مكاسبهم المربحة إلى أصول ملموسة باستخدام العملات الرقمية. ولن ندخر جهداً لدعم التقدم في الاقتصاد الرقمي للإمارة وتعزيز مكانتها العالمية البارزة لتحفيز قطاع دبي العقاري”.

وفي نفس السياق، أفاد مؤسسا “كوين مينا”، طلال الطبّاع ودينا سمعان، في بيان مشترك لهما: “يُسعدنا الإعلان عن توقيع إتفاقية   مع ماج، أحد أكبر مطوري العقارات في دولة الإمارات العربية المتحدة. وتؤكد هذه ال إتفاقية   على تنامي تبني العملات الرقمية كوسيلة تبادل للقيمة تُستخدم لشراء الأصول على أرض الواقع”.

نبذة عن كوين مينا

شركة كوين مينا التي تتخذ في مملكة البحرين مقراً لها هي منصة تداول عملات رقمية خاضعة للتنظيم والترخيص من قبل بنك البحرين المركزي كمزود لخدمات العملات الرقمية من الفئة الثالثة. تسعى كوين مينا إلى تمكين المستثمرين المتمرسين والجدد في الوطن العربي الذين يرغبون في الاستفادة من خيارات الاستثمار البديلة وغير التقليدية، وذلك من خلال منحهم فرصة المشاركة في الاقتصاد الرقمي الجديد. من خلال كوين مينا، يمكن للمستخدمين شراء العملات الرقمية وبيعها وتخزينها بأمان وموثوقية، بالإضافة إلى إمكانية الإيداع والسحب بعملتهم المحلية. تهدف كوين مينا إلى أن تكون منصّة تداول العملات الرقميّة الأكثر سهولة وسلاسة وموثوقيّة في المنطقة بفضل الرسوم التنافسية والسيولة العالية التي تقدّمها والنهج التعليميّ الذي تتبعه.

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‫لعبة Play Together من هيغن تحتفل بموسم الأعياد بميزات جديدة

–  استمتع بوقتك على جزيرة ثلجية في Play Together”

–  تمت إضافة فعاليات الشتاء وحدث الحضور

–  عروض مفاجئة في قاعة حفلات بلازا وغيرها الكثير

سيئول، كوريا الجنوبية, 15 ديسمبر / كانون أول 2022/PRNewswire/ — أعلن الرئيس التنفيذي لشركة ألعاب الهواتف النقالة  Haegin (هيغن) لي يونغ إيل أن اللاعبين يمكن أن يتوقعوا عيد ميلاد أبيضا في لعبة الشبكة الاجتماعية غير الرسمية للهاتف الجوال Play Together في عيد الميلاد هذا العام!

Haegin's Play Together in winter!

تبدأ لعبة Play Together تحديثها الرئيسي بجزيرة كايا المغطاة بالثلوج، حيث يقدم رجل الثلج أن بي سي وشجرة الأمنيات بجزيرة كايا في السوق الصغير.

قم بإلغاء المهام بواسطة رجل الثلج واستلم عملات Snowflake التي يمكنك استخدامها للحصول على عناصر متنوعة ذات طابع ثلجي.  ويتوفر زي رجل الثلج التينسي أيضًا كجائزة إضافية.

وسيجري حدث “الحضور الشتوي المجمد” خلال فصل الشتاء، مما يمنح أولئك الذين يسجلون الدخول إلى اللعبة فرصة للفوز بالعناصر الزخرفية والجواهر وتذاكر رسم السمات وغير ذلك الكثير.  أكد حضورك لمدة 14 يومًا متتاليًا واحصل على نسخة محدودة من بيضة “بالون دوغو” على هيئة سانتا.

وفي الوقت نفسه، ستضفي قاعة بلازا للحفلات الموسيقية في جزيرة كايا قدرا أكبر من الحيوية هذا الشتاء مع “مهرجان لالالا الموسيقي.”  ستقام عروض مفاجئة من الفرق المستقلة الكورية في أوقات معينة، وسيحصل من يأتون لرؤيتها على الجوائز.  سيتم الإعلان عن تفاصيل حول القائمة المحددة والمهام ذات الصلة قريبًا.

وستحتفل شركة كي بي باكوبن بافتتاح طابقها الثاني الجديد.  ستتم إضافة محتوى جديد، مثل اللعبة المصغرة “ Cash Or Not Cash” ، حيث تحتاج إلى معرفة ما إذا كان المال حقيقيًا أم مزيفًا، واختبار OX .  لدى مطبخ كورينو مجموعة جديدة من المهام المعدة أيضًا.  أخيرًا، حاول البحث عن تأثيرات متألقة “خاصة” منتشرة في جميع أنحاء البلازا واحصل على مؤثرات خاصة.

لمزيد من المعلومات حول المحتوى القادم لـ ” Play Together” ، يرجى زيارة المنتدى الرسمي https://cafe.naver.com/playtogethergame ) أو صفحة الفيسبوك الرسمية ( https://www.facebook.com/PlayTogetherGame ).

الصورة –  https://mma.prnewswire.com/media/1967410/PlayTogether_in_winter.jpg

الشعار –  https://mma.prnewswire.com/media/1932238/Haegin_Logo.jpg

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MENA Press Releases PRNewswire

Haegin’s “Play Together” Celebrates the Holidays with New Features

– Have fun on a snowy island in “Play Together”

– Winter Missions and Attendance Event added

– Surprise performances at the Plaza’s Concert Hall, and many more

SEOUL, South Korea, Dec. 15, 2022 /PRNewswire/ — Mobile game company, Haegin (CEO Lee Young-il), announced that players could expect a white Christmas within the mobile casual social network game “Play Together” this Christmas!

Haegin's Play Together in winter!

“Play Together” starts its major update with a snow-covered Kaia Island, introducing NPC Snowman and the Kaia Island Wishing Tree at the Plaza.

Clear missions by Snowman and receive Snowflake Coins that you can trade in for various snow-themed items. The Teensy Snowman costume is also available as an additional reward.

And the “Freezing Winter Attendance” event will be happening during the winter season, giving those who log into the game a chance to win decorative items, Gems, Theme Draw Tickets, and many more. Check your attendance for 14 consecutive days and receive a limited edition Santa-themed “Balloon Doggo” egg.

Meanwhile, Kaia Island’s Plaza Concert Hall will liven up this winter even more with the “Lalala Music Festival.” Surprise performances from Korean indie bands will be happening at certain times, and those who come to see them will receive rewards. Details on the setlist and related quests will be announced soon.

“KB Bukopin” celebrates the opening of its brand new second floor. New content will be added, such as the minigame “Cash Or Not Cash,” where you need to figure out if the money is real or phony, and an OX quiz. Koreno Kitchen has a new set of missions prepared as well. Lastly, try looking for “special” sparkling effects spread throughout the Plaza and receive special effects.

For more information about the upcoming content for “Play Together,” please visit the official forum (https://cafe.naver.com/playtogethergame) or the official Facebook page (https://www.facebook.com/PlayTogetherGame).

Photo – https://mma.prnewswire.com/media/1967410/PlayTogether_in_winter.jpg

Logo – https://mma.prnewswire.com/media/1932238/Haegin_Logo.jpg

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CGTN: How China strengthens vaccine cooperation to battle COVID-19

BEIJING, Dec. 15, 2022 /PRNewswire/ — Since the outbreak of COVID-19, the world has raced against time, battling the pandemic as it wreaked havoc across the globe. Developing safe and effective vaccines is one of the most crucial steps in the fight against the virus.

For the last nearly three years, China has made strides in its COVID-19 vaccine research and taken concrete steps toward fulfilling its commitment to making the vaccines a global public good.

China at the forefront of vaccine research

In January 2020, Chinese researchers quickly revealed the full genome sequence of the virus after the first epidemic outbreak at the end of 2019. The decision to make the data public was praised by global scientists.

Jeremy Farrar, a medical researcher and director at Wellcome Trust, a London-based charitable foundation on health research, described it as a “potentially really important moment in global public health-must be celebrated” in a tweet.

In March 2020, the adenovirus vector vaccine developed by a team led by Chinese military medical scientist Chen Wei became the first vaccine in China approved to enter clinical trials.

After the first phase of trials was completed, the second phase of trials started in April. At that time, China’s COVID-19 vaccine was the first in the world to enter the second phase of clinical trials, according to the World Health Organization (WHO).

Other COVID-19 vaccine research had been carried out concurrently, including the inactivated vaccine developed by the China National Pharmaceutical Group (Sinopharm) and the inactive one from Beijing-based pharmaceutical company Sinovac.

As the virus keeps mutating, China has continued to advance its vaccine research over the past three years. As of October 2022, at least 46 COVID-19 vaccines were being tested in human trials domestically and over 20 in overseas clinical trials.

Among them, three inactivated monovalent vaccines for Omicron variants were being tested for sequential immunization on the Chinese mainland, in Hong Kong and in the United Arab Emirates.

Efforts to strengthen global vaccine cooperation

China’s vaccines have played a crucial role in the global response to the pandemic, offering countries more choices amid the vaccine divide across the globe.

In May 2021, the WHO listed the Sinopharm COVID-19 vaccine for emergency use. It was the first Chinese vaccine officially recognized by the WHO and the sixth vaccine approved for emergency use globally.

The WHO included the vaccine on the emergency use list for its “safety, efficacy and quality,” said the WHO Director-General, Dr Tedros Adhanom Ghebreyesus, at a press briefing.

In the following month, another inactive vaccine produced by Sinovac got approval from the WHO for emergency use.

Compared with other vaccines made by Moderna and Pfizer during that time, the inactive vaccine from China had an advantage: It can be stored and transported in a standard refrigerator at 2-8 degrees Celsius. It is particularly suitable for developing countries with inadequate vaccine storage and transportation facilities to store large amounts of vaccines at low temperatures.

In May 2022, the CONVIDECIA COVID-19 vaccine developed by Chinese developer CanSino Biologics was given the green light by the WHO for emergency use. It was the third Chinese vaccine after Sinopharm and Sinopec certified by WHO Emergency Use Listing.

“The world desperately needs multiple COVID-19 vaccines to address the huge access inequity across the globe,” said Dr Mariangela Simao, WHO assistant director-general for access to health products, in a news release in June 2021.

She also urged manufacturers to participate in the COVID-19 Vaccines Global Access (COVAX) scheme, a worldwide initiative that aims to ensure equitable access to COVID-19 vaccines for rich and poor countries alike to bring the pandemic under control.

Since China joined COVAX in October 2020, it has continuously offered vaccine aid to less developed countries. In August 2021, China pledged to provide 2 billion COVID-19 vaccine doses to the world throughout 2021 and offered $100 million to COVAX.

“We welcome this contribution from China, which will enable further access to COVID-19 vaccines for the most at risk in low- and middle-income countries,” said Dr Seth Berkley, CEO of Gavi, the Vaccine Alliance.

Other measures include $ 2 billion in international aid from China to help developing countries respond to the impact of COVID-19 and building a cooperation mechanism for Chinese hospitals to pair up with 30 African hospitals.

As of May 2022, China had provided anti-epidemic materials to 153 countries and 15 international organizations, including 2.2 billion doses of the COVID-19 vaccine. The country also sent medical expert groups to 34 countries and shared its experience in epidemic response with more than 180 countries and international organizations.

People-first in China’s anti-pandemic strategy

Since the onset of the pandemic, China has regarded protecting people and their lives as a top priority, no matter whether they are at home or abroad.

As of December 7, 2022, approximately 3.45 billion vaccine jabs had been administered nationwide. Over 228 million people over 60 received full vaccination, accounting for 86 percent of the total population in that age group.

Overseas Chinese nationals were also offered COVID-19 vaccines. Within three months after China rolled out the “Spring Sprout” vaccine program in March 2021, more than 1.18 million overseas Chinese in over 150 countries had been inoculated with Chinese or foreign vaccines.

The Chinese government extended the coverage of the inoculation program to foreign citizens living in China by giving Chinese vaccines to foreign nationals of eligible age and providing timely treatment to those infected with COVID-19. The country also adjusted the prevention and control measures for foreign nationals entering China.

https://news.cgtn.com/news/2022-12-14/How-China-strengthens-vaccine-cooperation-to-battle-COVID-19-1fL8JwjK6Ri/index.html

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The First All-Civilian Mission to Fly Around the Moon Aboard SpaceX’s StarShip

Yusaku Maezawa Announces Eight Crewmembers aboard Starship Lunar Mission

NEW YORK, Dec. 14, 2022 /PRNewswire/ — Yusaku Maezawa (CEO, Start Today, Inc.) announced that 8 crew members and 2 backup crew members have been selected for “dearMoon,” the first all-civilian project to fly around the Moon aboard Starship, a rocket being developed by SpaceX.

In March 2021, Maezawa, put out a call on the official dearMoon websitefor the opportunity of going to space to more diverse talents, and received more than 1 million applications from 249 countries and regions.

The 8 crew members will fly around the Moon for approximately 7 days with Maezawa and return to Earth.

The primary crew is:

  • Steve Aoki: 2x-GRAMMY nominated music producer, artist, fashion designer and entrepreneur
  • Rhiannon Adam: Photographic artist
  • Tim Dodd: Content creator, photographer, videographer, and musician. Host of YouTube Channel “Everyday Astronaut”
  • Yemi A.D.: Multi-disciplinary creative force, social innovator, and choreographer
  • Brendan Hall: Documentary filmmaker
  • Karim Iliya: Photographer and filmmaker
  • TOP / Choi Seung Hyun: Musician, award winning film actor, and avid art collector
  • Dev D. Joshi: Professional actor and social media influencer

There are two backup crew members, US Olympic gold medal snowboarder Kaitlyn Farrington and Japanese dancer and choreographer Miyu.

Maezawa fulfilled his dream of going to space by staying on the International Space Station (ISS) in December 2021. His next challenge is this first all-civilian trip around the Moon in the history of mankind.

“We received applications from about one million people from all around the world… [The crew] are all fantastic people,” shared Maezawa.  “There isn’t a set task for each of them, but I hope each crewmember will recognize the responsibility that comes with leaving the Earth… They will gain a lot from this experience, and I hope they will use that to contribute to the planet, to humanity.”

“The entire SpaceX team is excited for these extraordinary people to join the dearMoon mission,” said Jessica Jensen, SpaceX Vice President of Customer Operations & Integration. “We look forward to flying this crew of artists, content creators, and athletes from all around the world who will travel within 200 km of the lunar surface as they complete a full journey around the Moon before safely returning to Earth.”

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Nikkiso Clean Energy & Industrial Gases Group Awarded DNV’s Management System Certificate and ISO 9001:2015 Certification

TEMECULA, Calif., Dec. 14, 2022 (GLOBE NEWSWIRE) — Nikkiso Clean Energy & Industrial Gases Group (“Group”), a part of the Nikkiso Co., Ltd (Japan) group of companies, is proud to have been awarded DNV’s Management System Certificate and ISO 9001:2015 certification. The award was presented to George Pappagelis, President of Nikkiso Clean Energy & Industrial Gases group’s Process Systems unit. The certificate was issued to Cosmodyne LLC in Seal Beach California.

ISO 9001 is defined as the international standard that specifies requirements for a quality management system (QMS), helps businesses and organizations be more efficient and improve customer satisfaction. By obtaining and implementing the ISO 9001 certification and standardized management system, we can lower operational costs, improve our bottom line, offer a competitive advantage, improve reputation, and deliver better products and services – all of which ultimately benefit our customers!

“We believe that quality is a continuous process that requires us to never stop trying to improve,” according to George Pappagelis, President of Nikkiso Cosmodyne. “Our internal corrective action system helps assure that all of our internal systems, future processes and designs are as trouble-free as possible.”

ISO 9001 certification ensures that quality orientation is lived by each of our employees every day.

ABOUT CRYOGENIC INDUSTRIES
Cryogenic Industries, Inc. (now a member of Nikkiso Co., Ltd.) member companies manufacture and service engineered cryogenic gas processing equipment (pumps, turboexpanders, heat exchangers, etc.) and process plants for Industrial Gases, and Natural Gas Liquefaction (LNG), Hydrogen Liquefaction (LH2) and Organic Rankine Cycle for Waste Heat Recovery. Founded over 50 years ago, Cryogenic Industries is the parent company of ACD, Nikkiso Cryo, Nikkiso Integrated Cryogenic Solutions, Cosmodyne and Cryoquip and a commonly controlled group of 20 operating entities.

For more information, please visit www.nikkisoCEIG.com and www.nikkiso.com.

MEDIA CONTACT:
Anna Quigley
+1.951.383.3314
aquigley@cryoind.com

GlobeNewswire Distribution ID 8714983

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GDToday Report: Closer ties stimulate Chinese enterprises’ investment in Arab countries

GUANGZHOU, China, Dec. 15, 2022 /PRNewswire/ — “We have a stereotype that there are only sand, oil, and camels in Arab countries. But having settled in Saudi Arabia, we found that there are huge opportunities here for downstream industrial development. It will be of mutual benefit if China and Arab countries further cooperate,” said Li Zhe, CEO & Board Director of Saudi Silk Road Industrial Service (SSRIS).

7 cooperative projects were signed at SSRIS conference in Riyadh/photo provided to GDToday

Five priority areas were highlighted for cooperation in the next three to five years at the first China-Gulf Cooperation Council (GCC) Summit on December 9, that is, energy, finance and investment, innovation and new technologies, aerospace, as well as language and culture. In the meantime, SSRIS held an investment conference, during which 7 cooperative projects were signed in Riyadh, Saudi Arabia with a total investment of more than 1 billion USD.

Joint platform connects Chinese manufacturers with Arabian raw material providers 

Li introduced that the SSRIS is a joint company invested by a state-owned company of the Guangzhou Development District. Established in 2019, the company has been dedicated to pushing forward business cooperation between China and Arab countries.

“The company is registered in Riyadh, the capital of Saudi Arabia, under the support of the Chinese and Saudi governments. The Chinese party holds a 60 percent equity interest, and each Saudi party holds a 20 percent equity interest, which enables us to connect with the local enterprises and provide companies with investment services,” Li elaborated.

Shengong Saudi Project is one of the 7 projects signed at the SSRIS conference. It promotes further cooperation between Shengong New Materials (Guangzhou), a Guangzhou Development District-based enterprise, and Saudi Aramco Development Company.

Gui Feng, Chairman of Shengong New Materials (Guangzhou) and Director of Shengong Saudi Project introduced that Shengong set up new material modification and LED Lighting manufacturing factories in Saudi and produced new materials for China market, taking advantage of the abundant petrochemical resources in Saudi and advanced manufacture technology from China’s Guangdong.

“We ship products back to China, some of which are for sale while others are for further processing into auto parts, LED lighting products, and waterproof construction materials in our factory in Guangzhou. We sell the finished products in the Middle East and Europe,” said Gui.

“Our project has received positive market feedback and currently we are still devoted to expanding the production and improving product quality thanks to the services of SSRIS and the support of Guangzhou Development District.”

China-Arab cooperation upgrades industrial chains of two sides

The successful implementation of the first and second phrase of the Shengong Saudi Project gave Gui confidence for further investment. The company signed new contracts to expand its business scope on Dec 5.

According to Gui, the total investment of the Shengong Saudi Project is about 892 million USD, and the annual output value after completion is about 2.209 billion USD, which is expected to create 10 thousand jobs.

In addition to the Shengong Saudi Project, a total of 7 China-Saudi Arabia cooperative projects were signed on Dec 5 in Riyadh, covering automobile manufacturing, new materials, intelligent equipment, and food, with a total investment of over 1 billion USD.

Xiao Yingyue, Chief Economist of the Development and Reform Bureau of Guangzhou Development District, said that these projects can facilitate the upgrade of local industries in Saudi Arabia, promote economic interaction and employment, and present a good model of win-win cooperation.

Xiao highlighted that Arab countries have had a very large market demand for electric vehicles, renewable energy, smart devices, and household appliances in recent years. “More and more Chinese enterprises have shown interest in investing business in Arab countries.”

“The Arab countries have well-developed energy industries covering petrochemical, mining, steel, and construction materials. However, they lack development of such industries as household appliances, high-end intelligent equipment, and automobile which have achieved significant breakthroughs in China,” said Li.

According to the Administrative Committee of the Guangzhou Development District, they have established a cooperative platform to connect with Saudi Arabia during the Covid-19 pandemic, which provides enterprises with partner matching, project negotiation as well as policy consultation services.

“Now that China has adjusted its COVID-19 response to facilitate the orderly recovery of normal life and production, some of my Arabian business partners plan to visit China and seek more cooperation opportunities in the near future. I’m confident that our business with Arab countries will see further development,” said Gui.

Photo – https://mma.prnewswire.com/media/1968783/Image1.jpg