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LONDON--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating of B (Fair) and a Long-Term Issuer Credit Rating of “bb” (Fair) to First Takaful Insurance Company – KPSC (FTIC) (Kuwait). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect FTIC’s balance sheet strength, which AM Best assesses as strong, as well as its marginal operating performance, limited business profile and marginal enterprise risk management (ERM). FTIC operates under a Mudaraba m...

لندن--(BUSINESS WIRE)--قامت وكالة AM Best بمنح تصنيف القوة المالية من الفئة "B" (مقبول)، وتصنيف الائتمان طويل الأجل للمصدر من الفئة "bb" (مقبول) للشركة الأولى للتأمين التكافلي (FTIC أو "أولى تكافل") (ش.م.ك.ع) في الكويت. والتوقعات الممنوحة لهذه التصنيفات الائتمانية (التصنيفات) مستقرة.تعكس التصنيفات الممنوحة قوة الميزانية العمومية لـ FTIC، والتي تقيّمها AM Best بأنها قوية، بالإضافة إلى أدائها التشغيلي الهامشي، وملفها التجاري المحدود، وإدارة مخاطر المؤسسة الهامشية (ERM).تعمل شركة FTIC وفق نموذج الم...

SHAKOPEE, Minn.--(BUSINESS WIRE)--Two UPS systems by CyberPower were given top ratings from NY Times’ Wirecutter reviews for home use during a power outage....

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Ant International has secured a RPSCS (Category II) license and SVF license from the Central Bank of the UAE (CBUAE)....

AUSTIN, Texas--(BUSINESS WIRE)--BOXX Technologies, a leading innovator in technical design and specialized computing, today announced BOXX Design Solutions, a new offering that brings together product design, development, manufacturing and support in a single partnership.BOXX Design Solutions serves technology needs that go beyond standard configurations. Customers collaborate with BOXX on projects of any size, scope and complexity, customizing every solution to meet technical and business requi...

NEW YORK--(BUSINESS WIRE)--Hitchhiker Orbital Inc. (HHO), a space technology firm designing microgravity enclosures, today announced the appointment of Dr. Spencer P. Magleby to its Board of Directors. Dr. Magleby brings over three decades of leadership in mechanical design, compliant mechanisms and deployable space structures. Dr. Magleby is Dean of the Smith College of Engineering and Technology at Utah Valley University (UVU) and Professor Emeritus of Mechanical Engineering at Brigham Young...

BOSTON--(BUSINESS WIRE)--  FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Weiss Asset Management LP (Investment Manager of Brookdale International Partners, L.P. and Brookdale Global Opportunity Fund) (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or v...

GREENBELT, Md.--(BUSINESS WIRE)--Entarian has named Cale Husted Senior Vice President of Defense, strengthening the company’s leadership team as it expands its investment in technology solutions designed to address complex defense missions. Husted’s promotion comes as Entarian invests more in internal mobility and professional development for its staff.Husted brings more than 20 years of experience leading high-growth organizations, managing complex federal portfolios, and overseeing mission-cri...

LONDON--(BUSINESS WIRE)--  FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser:   Millennium International Management LP (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiari...

LONDON--(BUSINESS WIRE)--  FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser:   Millennium International Management LP (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiari...