Day: November 16, 2021

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UAE Jiu Jitsu Fed holds ‘world’s biggest training session’

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Al-Araby

The United Arab Emirates Jiu-Jitsu Federation (UAEJJF) has attempted to set a new Guinness World Record for the world’s biggest training session of the martial art, with a session involving 2,700 people. The training took place simultaneously in 14 locations across the Gulf state on Monday, including at the Brazil pavilion at the Expo 2020 Dubai, the country from which the martial art originates. “We are proud to organise the training sessions in 14 different locations simultaneously. The session at Expo 2020 Dubai was the highlight, and we hosted it in collaboration with the Brazil pavilion t… Continue reading “UAE Jiu Jitsu Fed holds ‘world’s biggest training session’”

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‫بهدف تطوير قطاع العمل غير الربحي بقيادة مؤسسة محمد بن سلمان “مسك الخيرية” ولي العهد يُعلن إنشاء أول مدينة غير ربحية في العالم

– ستكون المدينة مركزًا إقليميًا وعالميًا يحتضن الصناعات الابتكارية والتعليمية والإبداعية، مع تطبيق أعلى معايير الحوكمة المؤسساتية وفقًا لمنهج استراتيجي متكامل.

– ستساهم المدينة في تحقيق مُستهدفات مؤسسة محمد بن سلمان “مسكالخيرية”  في دعم الابتكار وريادة الأعمال وتبني الشركات الناشئة وتأهيل قيادات المستقبل.

الرياض، المملكة العربية السعودية،, 16 نوفمبر / تشرين ثاني 2021 /PRNewswire/ — أعلن صاحب السمو الملكي الأمير/ محمد بن سلمان بن عبد العزيز آل سعود، ولي العهد، المؤسس ورئيس مجلس إدارة مؤسسة محمد بن سلمان “مسك الخيرية ” – حفظه الله–، عن إطلاق مشروع مدينة الأمير محمد بن سلمان غير الربحية والتي ستكون أول مدينة غير ربحية في العالم، لتكون المدينة نموذجاً ملهماً لتطوير القطاع غير الربحي عالمياً، وحاضنة للعديد من المجاميع الشبابية والتطوعية وكذلك المؤسسات غير الربحية المحلية والعالمية.

Prince Mohammed Bin Salman Non Profit City

وصرح سمو ولي العهد- حفظه الله – المؤسس ورئيس مجلس إدارة المؤسسة قائلا: “ستساهم المدينة غير الربحية الاولى من نوعها في تحقيق مستهدفات مؤسسة محمد بن سلمان ” مسك الخيرية ” في دعم الابتكار وريادة الأعمال وتأهيل قيادات المستقبل وذلك من حيث ما ستوفره من فرص وبرامج تدريب للشباب والشابات، كما ستضم جملة من الخدمات التي ستساهم في خلق بيئة جاذبة للمستفيدين من انشطة المدينة”

وأضاف سموه “ستحتضن المدينة التي تتبنى مفهوم التوأم الرقمي على العديد من الأكاديميات والكليات ومدارس مسك، وستشمل على مركز للمؤتمرات، ومتحف علمي، ومركز الإبداع ليكون مساحة لتحقيق طموحات المبتكرين في العلوم والتقنية بالأنظمة المتطورة مثل: الذكاء الاصطناعي، وإنترنت الأشياء والروبوتات، وكذلك معهد ومعرض للفنون، ومسارح لفنون الأداء، ومنطقة ألعاب، ومعهد لفنون الطهي بالإضافة إلى مجمع سكني متكامل، وستعمل المدينة أيضاً على استضافة رؤوس الأموال الجريئة والمستثمرين ذوي المساهمات المجتمعية حول العالم”.

وتقع مدينة الأمير محمد بن سلمان غير الربحية الأولى من نوعها على أرض خاصة بسمو ولي العهد – حفظه الله – بحي عرقه بمحاذاة وادي حنيفة، على مساحة تقدر بحوالي (3.4) كيلو متر مربع، والتي خصصها سموه الكريم – حفظه الله- لتنفيذ المشروع.

ويجسّد المخطط الرئيسي للمدينة حاضرة رقمية متقدمة محورها الإنسان، كما تم تصميم المدينة لتكون مستدامة وصديقة للمشاة، إضافة إلى تخصيص أكثر من (44%) من المساحة الإجمالية كمساحات خضراء مفتوحة لتسهم في تعزيز التنمية المستدامة.

والجدير بالذكر، أن الإعلان عن المدينة جاء بهدف إيجاد منظومة حيوية تمكن المواهب السعودية الشابة من رسم مستقبل المملكة والعالم، وذلك بالعمل على تشجيع التعلم وتنمية المهارات القيادية لدى الشباب، كما سيتم الإعلان عن المزيد من التفاصيل حول سير مراحل مشروع مدينة الأمير محمد بن سلمان غير الربحية خلال الأشهر القليلة القادمة.

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MIAX Reports Record SPIKES Futures Trading on MGEX in October 2021, New Daily Record Volume and Dissemination of New VSPIKES Index

October 2021 Average Daily Volume of 11,952 contracts, up 59.3% over September 2021

MIAX Begins Disseminating New VSPIKESTM Index Measuring Volatility of Volatility

PRINCETON, N.J. and MINNEAPOLIS, Nov. 16, 2021 /PRNewswire/ — MIAX®, creator and operator of high-performance securities exchanges, products and services, today announced average daily volume (ADV) for SPIKES® Futures in October 2021 reached 11,952 contracts, a new monthly record and representing a 59.3% increase over the 7,502 ADV in September 2021. In addition, SPIKES Futures volume on October 22, 2021 totaled a new daily record of 22,872 contracts.

Factors behind the growth include an expanded group of market participants, rising open interest, tight bid/ask spreads, and available size to trade. Growing liquidity in SPIKES Futures has also supported market quality improvements in SPIKES Options that trade on MIAX Options.

MIAX also announced that it began disseminating its new VSPIKESTM Index, which is a measure of expected 30-day volatility in the SPIKES Volatility Index. MIAX uses a more robust Simple Variance Swap methodology to calculate VSPIKES, which allows for both jumps in the underlying asset and discrete time monitoring. The VSPIKES Index is being disseminated through the Options Price Reporting Authority (OPRA) and traditional market data vendors. More information on VSPIKES can be found here.

SPIKES Futures are based on the SPIKES Volatility Index, which was designed by T3 Index and measures the expected 30-day volatility in the SPDR® S&P 500® ETF (SPY), the most actively traded ETF in the world. The futures contracts are listed on Minneapolis Grain Exchange, LLC (MGEXTM) and accessed via the CME Globex® platform. The SPIKES Volatility Index is calculated and disseminated every 100 milliseconds, offering best-in-class accuracy and stability as a result of its proprietary price-dragging technology. Futures on the SPIKES Index allow traders to benefit from the Index’s innovative design features, including its truncation methodologies and underlying SPY option component liquidity.

SPIKES Futures contract specifications, trading rules, pricing and interface specifications are available on the MGEX website at www.mgex.com. Additional information regarding SPIKES Futures can be found at www.MIAXoptions.com/spikes/futures.

About MIAX
MIAX’s parent holding company, Miami International Holdings, Inc., owns Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), Minneapolis Grain Exchange, LLC (MGEX), and Bermuda Stock Exchange (BSX).

MIAX, MIAX Pearl and MIAX Emerald are national securities exchanges registered with the Securities and Exchange Commission (SEC) that leverage MIAX’s industry-leading technology and infrastructure to provide U.S. listed options trading to their member firms. MIAX serves as the exclusive exchange venue for cash-settled options on the SPIKES® Volatility Index (Ticker: SPIKE), a measure of the expected 30-day volatility in the SPDR® S&P 500® ETF (SPY). In addition to options, MIAX Pearl facilitates the trading of cash equities through MIAX Pearl Equities™.

MGEX is a registered exchange with the Commodity Futures Trading Commission (CFTC) and is a Notice Registered Securities Futures Product Exchange with the SEC. MGEX serves as the exclusive market for a variety of products, including Hard Red Spring Wheat and SPIKES Futures. In addition, MGEX is a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) under the CFTC, providing DCM, DCO and cash market services in an array of asset classes.

BSX is a leading electronic international securities market regulated by the Bermuda Monetary Authority (BMA) specializing in the listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants and insurance linked securities. A full member of the World Federation of Exchanges and affiliate member of the International Organization of Securities Commissions, BSX is globally recognized, including by the SEC.

MIAX’s executive offices and National Operations Center are located in Princeton, NJ, with additional offices located in Miami, FL, Minneapolis, MN, and Hamilton, Bermuda.

To learn more about MIAX visit www.MIAXOptions.com.

To learn more about MGEX visit www.mgex.com.

To learn more about BSX visit www.bsx.com.

Media Contact:

Andy Nybo, SVP, Chief Communications Officer
(609) 955-2091
anybo@miami-holdings.com

Disclaimer and Cautionary Note Regarding Forward-Looking Statements

The press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities of Miami International Holdings, Inc. (together with its subsidiaries, the Company), and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such offer; solicitation or sale would be unlawful. This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.

All third-party trademarks (including logos and icons) referenced by the Company remain the property of their respective owners. Unless specifically identified as such, the Company’s use of third-party trademarks does not indicate any relationship, sponsorship, or endorsement between the owners of these trademarks and the Company. Any references by the Company to third-party trademarks is to identify the corresponding third-party goods and/or services and shall be considered nominative fair use under the trademark law.

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Huawei Global Oil & Gas Summit 2021: Intelligent Oil & Gas Fields Solution

ABU DHABI, United Arab Emirates, Nov. 16, 2021 /PRNewswire/ — On November 14, Huawei hosted its Global Oil & Gas Summit 2021 in Abu Dhabi, themed “Drive Data to Barrel, Embrace Intelligence to Grow”. At the summit, Huawei launched a new solution – Intelligent Oil & Gas Fields – designed to help oil and gas enterprises to go digital. The solution covers several aspects of digitalization, including campus security, production inspection and predictive maintenance. Using data and intelligence technologies, Huawei is furthering digital transformation and intelligent development across the industry.

The world agrees that energy and digital transformation are essential for the planet’s future. Lv Gongxun, Former Vice President of PetroChina, CNPC, pointed out that digital transformation of the oil and gas industry will bring innovative service, business model, and management models to the industry.

Carbon neutrality signals both new challenges and opportunities for the global energy industry. In his opening speech, Robin (Yongping) Lu, Executive Vice President of Global Energy Business Unit of Huawei Enterprise BG, highlighted the importance of integrating energy and digital transformation to achieve carbon neutrality. To do so, energy and technology industries need to collaborate, reinforcing each other’s strengths and exploring various industry scenarios.

Robin (Yongping) Lu, Executive Vice President of Global Energy Business Unit of Huawei Enterprise BG (PRNewsfoto/Huawei)

Huawei launched the Intelligent Oil & Gas Fields solution to help the oil and gas industry address challenges.

At the summit, Huawei and G2K Group launched the Intelligent Oil & Gas Fields solution, presented by Robin (Yongping) Lu and Christen Bear, Managing Director, Regional Head GCC at G2K Group. The architecture of the solution consists of four layers: industrial terminal, IoT network, digital platform, and intelligent application.

The solution aims to help oil and gas companies cope with the risks and costs, address data silos, as well as quickly respond to emergencies and build robust information security systems. Based on the solution architecture, Huawei will continuously enhance digital platforms and production service applications, implement data interconnection through the IoT, and drive flattened management transformation. Huawei focuses on security and efficiency requirements, helping increase reserve and production, improve efficiency, reduce costs and carbon emissions, and ensure operational safety.

Huawei’s oil and gas all-scenario solution focuses on the collaboration of all fields in the industry.

At the summit, Huawei also demonstrated its all-scenario solutions and technical capabilities in upstream exploration, development and production, midstream pipeline asset management, and downstream refining and chemical sales.

The widespread adoption of such technologies as cloud computing, big data, AI, and 5G makes it easier to discover potential data value, improving the E2E efficiency of oil companies in oil exploration, development, production, storage, transportation, refining, and sales. Wu Shuhong, Secretary of CNPC AI Research Center, and Deng Xili, Principle Lead, G&G (RCM), CNPC RIPED, shared how Huawei’s intelligent E&P solution uses cloud, AI, and big data to quickly and accurately process seismic data, identify oil and gas reservoirs, and diagnose working conditions of pumping wells. We can explore more value from “silent data” and “useless data”

At the same time, migrating mission-critical services to the cloud helps resolve common pain points, such as slow response, high cost, and low efficiency of oil and gas field infrastructure. Zhang Tiegang, Former Deputy Chief Engineer of the Exploration and Development Research Institute of Daqing Oilfield, explained the advantages of the Intelligent Oil & Gas Fields solution in real-life scenarios. Using Huawei’s cloud computing capabilities, Daqing Oilfield processed over 22,000 square kilometers of seismic data in 2020, which is more than twice the original data processing capability.

Huawei builds an open ecosystem and works with partners to create more value.

Collaboration is key for extending Huawei’s solutions. Huawei has upgraded its partner system and collaborated with different types of partners. David (Zhengyu) Shi, President of Enterprise Business Group in Huawei Middle East, noted the importance of shared efforts by customers, partners, and Huawei to promote innovation. To this end, Huawei has built a partnership service system to support E2E digital transformation and develop innovative solutions.

Meanwhile, Christen Bear shared G2K Group’s experience working with Huawei. She showcased the innovative solutions that the two companies have developed thus far, and stated that there will be more opportunities for collaboration in the future, as they continued to bring connectivity and intelligence to customers and lead new standards for digital transformation.

As a leading global provider of ICT infrastructure and smart devices, Huawei provides leading-performance hardware products to help oil and gas companies build agile and reliable networks and data centers. In the future, Huawei will continue to focus on the oil and gas industry, consolidate partners’ capabilities, further develop scenario-based solutions, and work with customers to create new value together.

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ETS Expands Presence in India, Driving Growth for Core Brands TOEFL® and GRE® 

Lejo Sam Oommen Hired as Managing Director for ETS India  

PRINCETON, N.J., Nov. 16, 2021 /PRNewswire/ — Nonprofit ETS announced today the formation of ETS India, officially establishing an office in the country to grow the organization’s global footprint as it seeks to continue serving learners as part of their lifelong educational journeys. Lejo Sam Oommen, formerly of Pearson™, will lead ETS India as Managing Director. In this role, Oommen will develop and implement ETS’s overall growth strategy for its products and services in India.

ETS India

ETS has long been committed to the Indian education community and establishing the ETS India office is a natural next step in supporting learners – both in-country and globally – as well as higher education institutions as they continue to attract diverse graduate students. The formation of ETS India will continue to strengthen the organization’s relationships with key partners in-country, providing both ETS and Indian businesses increased opportunities for collaboration and investment, including in and with schools, institutions, corporations, education agents, language trainers and study abroad advisors.

“ETS is strongly aligned with India’s bold and visionary approach to reforming, improving and broadening access to quality education for all Indians through the framework of the New Education Policy (NEP), and the increased opportunities it will make available to Indian students,” said Mohammad Kousha, Associate Vice President of Global Growth at ETS. “ETS’s mission-oriented approach of advancing quality and equity in education for all is consistent with this forward-thinking vision. We look forward to expanding learning opportunities in-country to the people of India and having Lejo on board will help us accomplish this.”

“I am pleased to be joining ETS and leading its India office and team at a time when the organization is undergoing significant transformation as we look to the future of serving learners worldwide with a particular focus on those in India,” said Oommen. “It is my intention to build on the already strong foundation that exists here in India, reinforcing the value of ETS’s existing products including the TOEFL® Family of Assessments, GRE® test and TOEIC® exam, as well as new learning tools and business opportunities.”

At Pearson, Oommen served as General Manager with oversight of the PTE® Academic test and was credited for his contributions to the strong business performance of the organization, delivering significant results in growth, revenue, operational performance and profitability. Prior to Pearson, he held roles at organizations including Reliance Money, ICICI Bank and Axis Bank. He is an alumnus of Bangalore University.

Despite impacts from COVID-19, ETS continued to focus on delivering research and assessment solutions that serve the needs and interests of Indian students and institutions so their education needs and requirements remained uninterrupted. This has been evidenced by announcements of the launch of at-home testing including the TOEFL iBT® Home Edition and the GRE® General Test at home, as well as democratizing access to our tests by making provisions for use of the Aadhaar card as an alternative ID in India, and the launch of the TOEFL® Essentials™ test.

About ETS India

ETS India, based in Delhi, India, is a subsidiary of ETS headquartered in Princeton, N.J., USA. ETS India is bringing the organization’s wide-ranging expertise in education and learning to test takers and learners throughout the region. The staff of ETS India offer deep expertise and insight into delivering high-quality learning and assessment solutions as well as new business opportunities to organizations, institutions and individuals in the country.

About ETS

At ETS, we advance quality and equity in education for people worldwide by creating assessments based on rigorous research. ETS serves individuals, educational institutions and government agencies by providing customized solutions for teacher certification, English language learning, and elementary, secondary and postsecondary education, and by conducting education research, analysis and policy studies. Founded as a nonprofit in 1947, ETS develops, administers and scores more than 50 million tests annually — including the TOEFL® and TOEIC® tests, the GRE® tests and The Praxis Series® assessments — in more than 180 countries, at over 9,000 locations worldwide. www.ets.org

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The World Optical Fibre & Cable Virtual Conference 2021 held online

During the event, global optical communication firm YOFC joins its peers in embracing development opportunities of the gigabit era and witnessing the next stage of growth of the optical sector

WUHAN, China, Nov. 16, 2021 /PRNewswire/ — The 7th edition of the World Optical Fibre & Cable Virtual Conference, a premiere event in the global optical fibre and cable sector, was held online from November 16-18, 2021, Beijing time, bringing together numerous telecom operators, optical fibre and cable manufacturers as well as upstream and downstream producers across the global industry chain. As a leading manufacturer of optical fiber preforms, optical fibers and optical fiber cables with global reach, Yangtze Optical Fibre and Cable Joint Stock Limited Company (hereinafter referred to as “YOFC”, Stock Code: 601869.SH, 06869.HK), once again participated in the global event alongside a number of well-known international firms, including Corning Inc., Prysmian Group, OFS and Nokia Shanghai Bell. During the event, YOFC executive director and president Zhuang Dan delivered a keynote speech themed Embracing Development Opportunities of the Gigabit Era and Witnessing the Next Stage of Growth of the Optical Industry.

“Serving as the cornerstone of the digital economy which has become a new driver of global economic growth, high-quality optical fibre networks have played an increasingly important role in connecting various industries and helping build smart cities. At the same time, the Covid-19 pandemic has fueled an increasing demand worldwide for fixed broadband. The optical fibre and cable sector is rapidly entering a new stage of growth with fixed broadband transitioning to gigabit optical networks across China,” said Mr. Zhuang at the conference. “Going forward, with the gradual easing of the pandemic, the global market is on track to see explosive growth in large-scale broadband projects. The sector is expected to experience a capacity shortage over the next three to five years as a result of a combination of industrial restructuring caused by the pandemic, the accelerated phasing out of outdated production facilities and the strengthening of the supply side structural reform. At present, driven by rising prices, the sector is booming. Combined with the significantly shortened period of moving an innovation in technology to the application stage, new opportunities have opened up for optical fibre and cable manufacturers that have the key technologies in place.”

“Based on a corporate philosophy that focuses on innovation, branding and quality, YOFC is on track to embrace the gigabit era by driving the next stage of growth of the optical fibre and cable sector. Most importantly, the firm is building core competencies through independent innovation. To this end, it has been strengthening its development and research efforts around the process technology for optical fibre preforms, G.654.E fibres with ultra-low attenuation, multicore fibres, FTTR solutions, Gigabit optical interconnect products and specialty fibres while expanding the application of its new solutions across various industries,” added Mr. Zhuang. “Secondly, YOFC is leveraging technological innovation to build advantages of its branding by strengthening its efforts in branding and creating a complete X-Band family of premium optical fibres. Lastly, the company is creating products of excellent quality with a focus on pursuing perfection. This is achieved by complying with the standards with respect to the China, Asian and European Quality Awards and fulfilling YOFC’s ongoing commitment to quality, service and reputation. In addition, the firm plans to further the implementation of its international roadmap by continuously expanding its global marketing network and providing premium products and services to 5G and F5G customers worldwide. To capitalize on the new opportunities presented by the global optical sector, YOFC remains committed to building an all-optical neural network based on fibre to anywhere, including all-optical communications, data centers, power generation facilities, industrial applications, smart homes, rail transit and education.”

In partnership with CRU, YOFC first brought this global conference to Asia by holding the Asia-Pacific Optical Fibre and Cable Conference in China’s Optics Valley in 2015. This was followed by their joint holding of the World Optical Fibre and Cable Conference in 2016 and 2017 before YOFC continued its participation in the event as a Jade sponsor in 2018, 2019 and 2020. 2021 marks the seventh year that the optical communication firm has been deeply involved in the CRU World Optical Fibre and Cable Conference at which it engaged in dialogues with global giants on the development trends of the industry, fully demonstrating CRU’s high recognition of YOFC’s leadership in the global optical fibre and cable space.

YOFC was established in Wuhan, Hubei Province in May 1988. It is a technologically innovative enterprise and a global leading supplier, which specializes in designing and manufacturing optical fibre preforms, optical fibres and optical fibre cables, as well as providing integrated solutions and services to its customers.YOFC mainly produces and sells different types of optical fibre preforms, optical fibres and optical fibre cables that are widely applied in the telecommunications industry, customized optical modules, specialty optical fibres, active optical cables, submarine cables, RF coaxial cables and accessories, etc. YOFC is also equipped with some solutions and services such as system integration and communication engineering design. Providing a variety of different products and solutions for world’s telecommunications industry and other industries such as Public Utility, Transportation, Oil & Chemistry and Medication. YOFC has offered its products and services to over 70 countries and regions around the world.

https://en.yofc.com/

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