Daily Archives: December 10, 2019

‫ميامي تشهد حدث “A Banquet of Nature by Perrier-Jouët”: إعادة الوصل مع الطبيعة ومع بعضنا البعض.

ميامي ، 10 ديسمبر 2019 ، / PRNewswire

كشفت علامة Perrier-Jouët في إطار انطلاق فعاليات منتدى Design Miami/ 2019 عن “A Banquet of Nature”، وهي عبارة عن تجربة تكونها لحظات مدهشة يعيش خلالها الحضور سحرا نفخت فيه روح جديدة يعيد وصلهم مع الطبيعة ومع بعضهم البعض. “A Banquet of Nature by Perrier-Jouët” يدعو الحضور للتفنن في طقوس تذوق جديدة دعامتها روح ابتكار حرفيين من مهن مختلفة تابعين للعلامة ويسمون بـArtisans of the Wild ، سجلوا أيضا حضورهم خلال مأدبة الافتتاح التي تم تنظيمها في نزل Faena.  شارك هؤلاء الحرفيون، أصدقاء دار Perrier-Jouët، في تأليف حوار صادق وأصيل بين الطبيعة والشمبانيا والتصميم وفن الطبخ.

ولمشاهدة بيانات المالتى ميديا الصحفية تفضل بالضغط على الرابط الالكترونى التالى: https://www.multivu.com/players/uk/8659851-banquet-of-nature-by-perrier-jouet/

إعادة ابتكار مأدبة تخلق الصلة والمعنى

أعادت دار Perrier-Jouët النظر في أعراف المآدب مما آل إلى طرق جديدة في وصل الناس مع بعضهم البعض ومع الطبيعة، تماما كما فعلت حركة الفن الحديث في فجر القرن العشرين. يعود تاريخ هذه العلاقة الفريدة بين العلامة والطبيعة والفن إلى تأسيسها سنة 1811. ولعل أحسن مثال عن شغف دار Perrier-Jouët المزدوج بالطبيعة والفن شعار شقائق النعمان الذي رسمه لها عام 1902 إميل كاللي، أحد معالم الفن الحديث.

شارك كل الحضور في حدث “A Banquet of Nature by Perrier-Jouët” في رحلة فنية أثراها إبداع حرفيي العلامة Artisans of the Wild الذين صمموا تجربة فريدة حول عدد من المحطات هدفت لحث تجاذب أطراف الحديث ما بين الحضور فمكنتهم من إعادة التواصل مع طبيعتهم وحدسهم ومشاعرهم. كما صمم حرفيو Artisans of the Wild كذلك لحظات مدهشة شارك فيها الضيوف. على سبيل المثال، طرحت عليهم أسئلة مثيرة خلال مختلف مراحل المأدبة عبر هواتف وضعت مسبقا لهذا الغرض على مختلف الطاولات.

إعادة ابتكار المأدبة كتجربة تجدد الحوار بين الشمبانيا والتصميم وفن الطبخ

شارك في مأدبة “A Banquet of Nature by Perrier-Jouët” ثلاثة حرفيون Artisans of the Wild تابعون للعلامة، قدّم كل واحد منهم رؤيته الفريدة للتراث الثقافي وبراعة ومهارة العلامة. فخلقوا حوارا مبتكرا بين الشمبانيا والتصميم وفن الطبخ منقوعا برؤى دار Perrier-Jouët للطبيعة المعاد ابتكارها.

تضافرت جهود كل من هرفي ديشامب، المسؤول عن قبو التخمير لدار Perrier-Jouët والمصمم أندريا مانكوسو من شركة Analogia Project، لمدة سنة كاملة لخلق طقوس فنية جديدة في علاقة بالشمبانيا أطلقا عليها إسم Metamorphosis (أي تحول)، وهي عبارة على مجموعة من كؤوس الشرب ستعرض خلال فعاليات منتدى Design Miami/ 2019. إبداعات أندريا مانكوسو الفريدة من مادة الكريستال تنفخ الروح في أصناف شامبانيا Perrier-Jouët الستة، إذ توحي بالشخصية الفريدة لكل واحد منها. وفي وصفه لتصاميمه، يقول مانكوسو: “[تصاميمي] كشمبانيا Perrier-Jouët: إذ تروي قصصا، تخلق المفاجأة وتوصل مشاعرا”. Metamorphosis جزء من تجربة تذوق جديدة تستكشف تحولات الطبيعة وكيف تصنع دار Perrier-Jouët الشمبانيا من العنب معتمدة على ما يزيد عن 200 سنة من المهارة والخبرة.

وتعاون هرفي ديشامب كذلك مع بيار غانيار، الطباخ الحاصل على ثلاثة نجوم من دليل ميشلان، قصد خلق الانسجام المثالي بين أصناف شامبانيا Perrier-Jouët الستة وأطباقه المستوحاة من الطبيعة. يقول بيار غانيار: “الطبيعة هي التي تملي أطباقي وتعطيها معانيها”. خلال “A Banquet of Nature by Perrier-Jouët”، تزهر الطبيعة من الأطباق، في احترام تام للمواسم والنكهات الأصيلة للمنتجات، ومن الطاولات، التي زينت بنفس الفواكه والخضروات الطازجة المستخدمة في إعداد الأطباق. وخلافا للسير العادي للمآدب، صمم كل طبق ليكون فرصة للتشارك ولتجاذب الضيوف لأطراف الحديث فيما بينهم. وصفا لهذه التجربة، يقول هرفي ديشامب: “يكمّل نمط أصناف شامبانيا Perrier-Jouët الزهري المركب الأطباق المنظمة لبيار غانيار، كشراب مصاحب للطبق وعنصر مكون له.”

إعادة ابتكار المأدبة كتجربة تعتمد على مهارة حرفيي Artisans of the Wild

كشفت الراقصة والكوريغراف بلانكا لي النقاب عن Metamorphosis للحضور خلال المأدبة. بحركاتها المتناغمة ورشاقتها وطاقتها، حولت بلانكا لي تقديم كؤوس الشرب إلى لوحة سحرية لا تنسى.

وفي الوقت نفسه، ساعدت عارضة الأزياء ويني هارلو على خلق الحوار بين الضيوف بفضل شخصيتها الفريدة. وانضم إليها إيمانويل بيروتين، صاحب قاعة عرض متخصصة في الفن المعاصر، الذي حضر المأدبة بين ثلة من الفنانين المؤثرين.

كان لحدث “A Banquet of Nature by Perrier-Jouët” غرض هادف فحواه الطبيعة المعاد ابتكارها: خلق همزات وصل بين الأفراد وبين الضيوف والطبيعة.

Video – https://mma.prnewswire.com/media/1040654/A_Banquet_of_Nature.mp4
Photo – https://mma.prnewswire.com/media/1040641/A_Banquet_of_Nature.jpg
Logo – https://mma.prnewswire.com/media/1040642/Champagne_Perrier_Jouet_Logo.jpg

اتصل: Maison Perrier-Jouët, Silene Fry, PR & Events Manager, silene.fry@pernod-ricard.com

Strive for More: GAC MOTOR Announces Brand and GS8 Launch in Russia

– GAC MOTOR’s First Vehicle GS8 SUV is now for sale in Russia, Musician Basta Named as Product Ambassador

Moscow, RUSSIA, Dec. 10, 2019 /PRNewswire/ — GAC MOTOR has announced the price for the GS8 luxury SUV to attendees and media during the GAC MOTOR Russian Brand and GS8 Launch Ceremony, held on Dec 9th in the Museum of Moscow. The GS8 SUV is GAC MOTOR’s first vehicle to launch in Russia and will be priced starting from 1,898,000 rubles, along with a five-year/150,000km warranty and one-year of free roadside assistant service. For the first 200 GS8 owners in Russia, GAC MOTOR will provide three years of free maintenance, three years of free roadside assistant service and free winter tires. During this Ceremony, themed “Strive for more”, GAC MOTOR also named Russian composer and musician Basta as the Product Ambassador of GS8 SUV.

Over three hundred guests witnessed the Launch of GAC MOTOR Russian Brand and the GS8.

The Ceremony was witnessed by representatives from the Chinese and Russian governments. Guests from local dealers and media were also invited to celebrate this milestone moment. Many attendees said they believed that GAC MOTOR’s products will exceed the expectation of the consumers in the Russian market.

“GS8 is an ideal creation for Russian consumers that opt for outstanding products. We will, starting with this flagship product, continue to enrich our product matrix and create an enjoyable life of mobility with Russian consumers.” said Yu Jun,  Chairman of GAC MOTOR International Sales Company.

Already highly popular in other markets, the GS8 meets growing Russian market demand for luxury seven-seat SUVs, while enabling consumers to “strive for more” by opening up new experiences through greater mobility.

A household name in Russia, Basta was selected as the GS8 Ambassador. Throughout his career, Basta has strived to break down boundaries of different roles and pursue a variety of life experiences, which is consistent with the message GAC MOTOR delivered – “Strive for more”.

GS8 Ambassador Basta gave a performance at the event.

Basta said he was impressed by the GS8. “The driving experience of GS8 was better than expected. It surprised me with the power it generated from a standing start and acceleration.”

Created to provide quality, comfort and power to the whole family, the GS8 was designed with the philosophy of contrasting its powerful exterior with soft interiors. Contrasting its robust body and tough exterior, the cabin exudes comfort and warmth, featuring adjustable third-row seats and a panoramic sunroof, the spacious interiors provid families with a relaxing travel journey.

Under the hood, the GS8’s powertrain is equipped with GAC MOTOR’s second-generation 320T engine, third-generation Aisin 6-speed AMT and second-generation intelligent four-wheel drive and all-terrain feedback system. Focusing on handling, off-road performance and best-in-class safety feature, the GS8 switches freely among six driving modes — Sand, Mud, Snow, Smart, Sports and Economy — and is ideally suited for the harsh and varied driving conditions of the Russian roads.

Li Jingyuan, Minister Counselor of the Chinese Embassy in Russia, Xu Jinli, Chief Representative of CCPIT, and GAC’s executives attended the ceremony.

The launch of the GS8 in Russia signals a new stage of international expansion for GAC MOTOR, following the automaker’s announcement of its Russian market entry strategy and development plan earlier this year. The automaker has already made significant strides to expand into Russia, including participating in Moscow International Automobile Salon, Russian Association of Auto Dealers Annual Meeting, the St. Petersburg International Auto Show 2019, establishing its dealer network and setting up its overseas subsidiary in Russia to conduct localized operation and management of sales and service in Russia.

Looking ahead, GAC MOTOR will launch more star models including the MPV and SUV in Russia, explore new opportunities to expand its dealer network to accelerate market penetration, and grow its Russian team to support product localization and market research.

For more information, please visit:

Website: http://www.gac-motor.com/
Facebook: https://www.facebook.com/GACMotor
Instagram: https://www.instagram.com/gac_motor
Twitter: https://www.twitter.com/gac_motor
YouTube: http://www.youtube.com/c/GACMotorOfficial

Photo – https://mma.prnewswire.com/media/1042787/Pic_1_Over_three_hundred_guests_witnessed_the_Launch_of_GAC_MOTOR_Russian_Brand_and_the_GS8.jpg
Photo – https://mma.prnewswire.com/media/1042790/Pic_2_GS8_Ambassador_Basta_gave_a_performance_at_the_event.jpg
Photo – https://mma.prnewswire.com/media/1042808/Pic_3_Li_Jingyuan__Minister_Counselor_of_the_Chinese_Embassy_in_Russia__Xu_Jinli__Chief_Representati.jpg

The Graduate Management Admission Council Selects Four New Business Schools for Membership

New Schools Represent Diverse Geographies, Bringing Important Perspective in Support of GMAC Mission

RESTON, Va., Dec. 10, 2019 (GLOBE NEWSWIRE) — The Graduate Management Admission Council™ (GMAC™), a global association of leading graduate business schools, today announced four new schools into its membership. The addition of Hult International Business School; Maastricht University, School of Business and Economics; Sabanci University, Sabanci Business School; and Trinity College Dublin, Trinity Business School brings GMAC’s total membership to 229.

GMAC members go through an invitation-only process governed by the organization’s board of directors. Nominees then participate in a comprehensive application process that addresses the sustained commitments to supporting GMAC’s mission: providing the tools and information necessary for schools and talent to discover and evaluate each other.

“The volume of quality business schools around the world means that a candidate’s journey toward an advanced degree knows no boundaries,” said Sangeet Chowfla, president and CEO of GMAC.  “We’re excited to welcome these institutions into membership at GMAC as they reflect the globalization of our industry.  Each school brings unique insight and expertise from their own experience and will contribute significantly to our mission.”

In addition to meeting membership criteria, each school has made a specific pledge to help GMAC meet its mission.

Hult International Business School
Hult International Business School is a non-profit educational pioneer and the first triple-accredited U.S. business school. Ranked by the Financial Times, The Economist, Forbes, and Bloomberg Businessweek, Hult offers programs at undergraduate, graduate, and executive education levels and awards both US and UK degrees across its global campus locations in Boston, San Francisco, London, Dubai, Shanghai, and New York. Founded by one of Europe’s most successful entrepreneurs—Bertil Hult—the school is built on the belief that business skills can only truly be learned by doing. By immersing students from all over the world in practical, hands-on experiences from day one, Hult’s programs develop the skills employers and entrepreneurs need most. In partnership with GMAC, Hult will continue its work focused on creating a global community of confident, capable graduates, ready to tackle the challenges of tomorrow.

Maastricht University, School of Business and Economics
New and innovative approaches to teaching and research have accelerated the Maastricht University School of Business and Economics’ reputation as a highly ranked business school.  Located in the Netherlands, Maastricht will use their experience to support GMAC’s mission of bringing innovation to the marketplace while helping schools and candidates connect with one another. They share GMAC’s commitment to enhancing and adding services that support and build upon the tremendous effort business schools put forth to bring in talented, diverse classes each year.  Maastricht will use industry knowledge and expertise to help develop management education material that acknowledges current trends like digitalization, sustainability, and responsibility.

Sabanci University, Sabanci Business School
Established in 1999 as a graduate school of management and later expanding to include undergraduate education, Sabanci Business School (Sabanci SBS) in Istanbul, Turkey has quickly become one of the leading business schools in its region; ranked as one of the best business schools by the Financial Times. Always research-driven, Sabanci SBS delivers a range of challenging and innovative programs that respond to the current and potential needs of business students and the environment in which they’ll work. In all their programs Sabanci SOM has been innovative, focusing on developing close links with the business community, striking the right-balance between theory and practice of management, and educating socially responsible managers. Sabanci SBS participated in GMAC’s Key School Roundtable in Turkey and provides valuable insight throughout their region.

Trinity College Dublin, Trinity Business School
Trinity Business School sits at the heart of a world-renowned research-led university located at the centre of Dublin, a European capital city and hub for global business. Trinity Business School’s approach to education encapsulates international research and industry expertise in a project-based approach where impact on both business and society are key. Trinity Business School supports their students to graduate with a ‘moral compass’ and excel at ‘ethical leadership’, developing business strategies that encourage ethical attitudes among consumers and investors.  As part of Trinity Business School’s commitment to contributing to global society, they will support GMAC in continuing to deliver excellence in business education and provide valuable insights from Ireland and Europe to help expand and enhance GMAC’s offering.

To be considered for membership in GMAC, schools complete an application process and must maintain a selective admissions process; offer a master’s program in business administration, management subjects or equivalent; and actively support GMAC’s mission and use the GMAT exam or other GMAC assessments as part of their admissions and enrollment processes. They also participate in GMAC governance, including voting on Board elections and other matters that may come before the Council.

About GMAC
The Graduate Management Admission Council (GMAC) is a mission-driven association of leading graduate business schools worldwide. Founded in 1953, we are committed to creating solutions for business schools and candidates to better discover, evaluate and connect with each other. We work on behalf of the schools and the graduate management education community, and guide candidates on their journey to higher education, to ensure that no talent goes undiscovered.

GMAC provides world-class research, professional development opportunities and assessments for the graduate management education industry, designed to advance the art and science of admissions. Owned and administered by GMAC, the Graduate Management Admission Test™ (GMAT™) exam is the most widely used graduate business school assessment, recognized by more than 7,000 programs worldwide. Other GMAC assessments include the NMAT by GMAC™ (NMAT®) exam, for entrance into graduate management programs in India, Nigeria, the Philippines, and South Africa, and the Executive Assessment (EA), which supports the admissions needs of more than 160 programs around the world.

Our flagship portal for graduate management education resources and information, www.mba.com, receives 6 million visits a year and features the School Search matching tool and GMASS™ search service, a data-driven technology that helps connect candidates and business schools.  These platforms are part of GMAC Connect, a suite of services that help schools attract students through recruiting solutions that marry our market intelligence, data, reach and candidate touchpoints.

Subsidiaries of GMAC include UK-based online publishing company BusinessBecause, a content-rich destination that helps students identify the right-fit business schools during the critical consideration and selection phases of their journey, and The MBA Tour, which supports business schools’ global recruiting efforts by organizing business education-focused events around the world.

GMAC is a global organization with offices in China, India, Singapore, UK and the US. To learn more about our work, please visit www.gmac.com.

Media contact:
Geoffrey Basye, Director of Media Relations, GMAC
+1 (703) 668-9799 or gbasye@gmac.com

FintechOS Raises GBP 10.7 Million (USD 14 Million) Series A for Global Expansion

New funding to support further growth in Europe and enable expansion to South East Asia and the US

LONDON, Dec. 10, 2019 /PRNewswire/ — FintechOS, the next generation of hyper-personalised, automated financial technology, announced today it has secured GBP 10.7 million (USD 14 million) of Series A investment. The funding was led jointly by Earlybird‘s Digital East Fund and OTB Ventures, with participation from existing investors Gapminder Ventures and Launchub.

FintechOS empowers traditional banks and insurance companies to adapt to rapidly changing customer expectations and match the speed and flexibility of nimble technology driven competitors. Using the company’s technology, banks and insurers can launch data-driven, hyper-personalised digital products and services with unprecedented speed – weeks rather than months or years. FintechOS offers both multi-cloud SaaS deployments, helping client’s transition to the cloud, and on-premises deployments, working seamlessly alongside the existing technology infrastructure.

FintechOS offers more than 150 integrated sources of data out-of-the-box – from social and contextual to cloud and enterprise systems – and more than 20 automated financial processes for AI-enabled areas like KYC, Customer 360, pricing or risk analytics. Banks and insurance companies can also access a marketplace with more than 50 open source, ready-made apps for client onboarding, lending, savings, insurance, pensions and wealth management. Existing partnerships with Microsoft, EY, Deloitte, Publicis Sapient and CapGemini allow fast deployment in multiple markets.

Started in 2017 by serial entrepreneurs Teodor Blidarus and Sergiu Negut, the company now has customers in more than 20 countries across three continents and grew its Annual Recurring Revenue by 450% during 2019. The additional capital raised will be used to continue the rapid growth across Europe and to expand to South East Asia and the US markets. FintechOS will also invest heavily in the continued development of more pre-built apps, services and solutions to break down the barriers to multi-channel customer service.

Teodor Blidarus, CEO and Co-Founder of FintechOS, commented: “Our disruptive approach is customer, not technology driven. We created FintechOS to transform the financial industry, empowering banks and insurance companies to act and react faster and to create a smarter, slicker customer experience. As a result, hyper-personalised services and elevated customer experiences are now available almost plug and play.”

Dan Lupu, Partner at Earlybird, said: “FintechOS is a pioneer in a booming market, with a vision to transform the way financial institutions react to market and regulatory changes. We are proud to become part of a journey that will shape the future of financial services.”

Adam Niewinski, General Partner at OTB Ventures, said: “We are driven to invest in technology companies uniquely positioned to grow exponentially. FintechOS’s technology is transformational in its ability to provide true end-to-end digital automation for all services and products that banks and insurance companies offer. This new technology is inexpensive and versatile, ultimately enabling massive cost savings and growth stimulators for financial institutions.”

About FintechOS

FintechOS believes in changing the way people engage with financial technology. The company’s centrepiece technology, FintechOS 20, puts automation and personalisation at the heart of innovation, allowing financial services providers to transform the digital customer experience quickly and affordably.

The FintechOS portfolio of global clients includes ERSTE, Vienna Insurance Group, Orange Money, Hyperion Group, TBI Bank, Transylvania Bank and Idea Bank. With offices in London, Amsterdam, Vienna, Copenhagen and Bucharest, the company is planning to expand operations to the United States and Asia in 2020. For more information, please visit: www.fintechos.com

About Earlybird

Earlybird is a venture capital investor focused on European technology companies. Founded in 1997, Earlybird invests in all growth and development phases of a company. Among the most experienced venture investors in Europe, Earlybird offers its portfolio companies not only financial resources, but also strategic and operational support as well as access to an international network and capital markets. Earlybird manages different funds focussing on digital technologies in Eastern and Western Europe as well as Health Care. With over EUR 1 billion under management, seven IPOs and 24 trade sales, Earlybird is one of the most successful venture capital firms in Europe.

About OTB Ventures

OTB Ventures invests in the best technology companies at early growth stage, with global ambitions and links to Central & Eastern European talent. OTB current fund of $100M is aimed at providing Series A financing to empower and support talented entrepreneurs to scale their businesses globally, while keeping a strong focus on technology advancement. OTB uses its extensive network of contacts in geographies with the highest tech spending (USA, WE & APAC), to help its portfolio companies excel in those markets. OTB’s investments include Iceye, Cosmose, Minit, SpaceKnow, BabbleLabs, Segron and SilentEight.

About GapMinder Venture Partners BV

GapMinder is a venture capital fund investing in high technology companies born in Romania and Central Europe and expanding at international level, at Seed or Series A stages. GapMinder’s partners have a hands-on approach as investors, enhancing companies’ growth via strategic advisory and direct involvement in operational streamlining, corporate governance and financial discipline. GapMinder’s portfolio includes companies such as FintechOS, TypingDNA, SmartDreamers, Deepstash, Frisbo.

Chubb Makes Equity Investment in African Trade Insurance Agency

Chubb is first global property and casualty insurer to invest in Africa’s leading multilateral political risk and credit insurance agency

NEW YORK and NAIROBI, Kenya, Dec. 10, 2019 /PRNewswire/ — Chubb and the African Trade Insurance Agency (ATI) today announced that Chubb has made a $10 million equity investment in ATI. Chubb is the first global property and casualty insurance company to become a shareholder in Africa’s leading multilateral political risk and credit insurer.

Chubb is the world’s largest publicly traded property and casualty insurance company, with operations in 54 countries and territories. The company, which is AA rated by Standard & Poor’s, is a leading underwriter of political risk insurance and reinsurance through two of its businesses, Sovereign Risk, a specialty underwriter based in Bermuda, and Chubb Global Markets, its London market division.

ATI supports trade and investment in African member states by providing comprehensive risk solutions, such as political risk and credit insurance products. Established by treaty in 2001, ATI’s shareholders currently include 16 African nations and 10 institutional members.

“Insurers play a crucial role in helping to drive growth and infrastructure improvements in the developing world,” said Evan G. Greenberg, Chairman and Chief Executive Officer of Chubb. “With Chubb’s longstanding expertise in political risk and credit underwriting, we see our investment in ATI further advancing their important mission to promote investment, trade and economic growth throughout Africa.”

“This investment also underscores Chubb’s commitment to the political risk and credit insurance markets, where Sovereign Risk and Chubb Global Markets are established leaders,” added Price Lowenstein, President of Sovereign Risk Insurance Ltd.

John Lengtaine, ATI’s Acting Chief Executive Officer, added, “We are delighted to welcome Chubb as one of our shareholders. Chubb’s global reach, financial strength, and expertise in this field positions them as a strategic shareholder for ATI as we look to build institutional resilience and broaden our global networks. We look forward to Chubb’s future involvement in further promoting ATI’s development mandate across the African continent.”

About the African Trade Insurance Agency (ATI)

Headquartered in Nairobi, ATI is Africa’s leading multilateral political risk and credit insurer (rated A/Stable S&P and A3/Stable Moody’s).  ATI currently counts 16 African nations and 10 institutional members as shareholders.  Established by treaty in 2001, ATI supports trade and investment in African member state nations by providing comprehensive risk solutions such as political risk and credit insurance products. On average, ATI currently supports trade and investments in its member states equivalent to between 1 and 2% of GDP annually. Additional information can be found at: www.ati-aca.org.

About Chubb

Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs more than 30,000 people worldwide. Additional information can be found at: www.chubb.com.

Elkay Interior Systems acquires European-based seating and décor businesses Schloffer GmbH, Designed2Work, and Designed2Work Intl.

Move expands the company’s growing international branded retail design and builds capabilities

OAK BROOK, Illinois, Dec. 10, 2019 /PRNewswire/ — Representatives of Milwaukee, WI-based Elkay Interior Systems (EIS) today announced the American company’s acquisition of Schloffer GmbH, a global seating and décor company based in Austria, as well as the related companies, Designed2Work and Designed2Work International. The move strengthens Elkay Interior Systems’ ability to serve international customers who are rapidly expanding their branded restaurant, hotel, and retail operations in Europe and the Middle East.

Elkay Interior Systems (an Elkay Company) is pleased to finalize the acquisition of Schloffer GmbH. The two companies are ideally suited to help their restaurant, retail, and hospitality clients expand their brands globally.

Schloffer GmbH, a family company with nearly 60 years of experience, has, in the last two decades, established itself as one of the leading European companies for interior design and manufacturing for restaurant franchises. Schloffer GmbH is active in over 60 countries worldwide, priding itself on high quality, thanks to its Austria-based production as well as experience in complex logistics and adaptability to client needs.

Elkay Interior Systems – or EIS — is a global leader in the Design, Branding, Seating, Décor, and Fixtures for the commercial interiors industry. The company, which is owned by privately-held Elkay Manufacturing, specializes in the Restaurant, Retail, Hospitality, and Education markets. They have been helping top Global Brands manage their retail brand experience in international markets for nearly 40 years. This acquisition nearly completes EIS’s global supply chain, enabling them to support the needs of current and future customers as they grow throughout the world.

“We’ve been on a tremendous growth path since being acquired by Elkay in 2017,” says Vice President and General Manager, Tony Lutz. “In February 2017, we integrated the commercial arm of Elkay’s business in Mexico to form Elkay Interior Systems, Latin America, …and in 2018, we expanded into the Asian markets. With the acquisition of Schloffer GmbH and Designed2Work, we have brought a strong European producer into the fold, which is key to supporting the international growth strategies of our global clientele.”

EIS consults, designs, builds, and installs commercial interiors, from concept to completion, unlike any other company in the market today. Their designers and artists provide vision, strength, and consistency while bringing our clients’ brands to life. Specialized project managers and market managers carefully guide project goals, timelines, and budgets. Extensive manufacturing facilities and certified installers ensure flawless execution of every element. Even after opening day, the company supports clients through an expert international customer service team.

EIS works with a premier list of international customers, many of whom are actively expanding in the European and Middle Eastern markets. The company has a proven track record for creating extraordinary interiors, executed with the highest levels of excellence around the globe.

“We are excited about becoming a part of Elkay Interior Systems’ global business,” said Klaus Schloffer, President of Schloffer GmbH, Designed2Work and Designed2Work Intl. “We see the opportunity for tremendous synergies and growth with all of Elkay’s global businesses. We are a perfect fit, culturally-speaking, and the EIS businesses are producing great work for our shared customer segments – so we are proud to be joining such a well-respected team. Together, we believe we can collaborate and expand our capabilities to better serve our global customers as they grow their businesses worldwide.”

About Elkay

Family-owned since 1920, Elkay has been making innovative products and delivering exceptional customer care for almost a century. While proud to be America’s No. 1 selling kitchen sink company, Elkay expanded its commercial offerings more than four decades ago, and today delivers faucets, water coolers, drinking fountains, Smartwell Water Delivery Systems, and the award-winning ezH2O bottle filling stations, in addition to world-class stainless steel and quartz sinks. Our Elkay Interior Systems business is a global leader in the design and buildout of branded retail environments for leading global brands. Elkay Commercial Systems provides stainless steel products for commercial kitchens around the globe. Like your family, Elkay has values and traditions that endure – like our commitment to sustainability and giving back to our community. Headquartered in the United States in Downers Grove, Illinois, today, Elkay employs over 2,500 employees worldwide, working from 21 locations across the U.S., China, and Mexico.  Visit www.elkay.com.

About Schloffer GmbH
Founded in 1960 by Alois Schloffer, the company has remained in family hand till today. His son, CEO Klaus Schloffer, has turned the company into a business that supplies its furniture to more than 60 countries worldwide. Schloffer is proud to manufacture at its headquarters in Austria, in a CO2 conscious facility. Its team of 40 specialists are aided by state-of-the-art machinery and supported by trusted and quality-controlled suppliers. To learn more visit https://www.schloffer.com/en/about-us/

About Designed2Work and Designed2Work International Designed2Work and Designed2Work Intl. specialize in design for the commercial retail industry, especially restaurant franchises. Together with Schloffer GmbH, the companies provide a holistic interior package well beyond the manufacturing of furniture. To learn more visit https://www.schloffer.com/en/solutions/design/

Media Contact:
Linda Carlisle
Linda.carlisle@elkay.com

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Dickey’s Barbecue Pit Headed to Africa

CAIRO, Dec. 9, 2019 /PRNewswire/ — Dickey’s Barbecue Pit is bringing authentic, Texas-style barbecue to Egypt with a planned opening in Cairo in late spring/early summer next year. The world’s largest barbecue franchise signed with the Swinder Group to introduce Dickey’s slow-roasted meats and savory sides to Africa for the first time.

Dickey's Barbecue logo.

“Since my family opened the first Dickey’s in 1941, we’ve made it our mission to serve as many guests as possible the very best barbecue out there,” says Roland Dickey, Jr., CEO of Dickey’s Capital Group. “With this new partnership, Dickey’s Legit. Texas. Barbecue. will soon be available on four continents.”

In addition to over 500 locations in North America, Dickey’s opened its first international location in the Middle East in 2018 and the first Dickey’s is South America is slated to open in Brazil this coming June.

“Dickey’s looks forward to our partnership with the Swinder Group,” says Jim Perkins, Vice President of International Development for Dickey’s Barbecue Pit. “Swinder Group’s operators, the Toama family, are a perfect mix of intellect, professionalism and business acumen.”

“We are excited to bring a little bit of Texas to Egypt,” says Abdelrahman Toama. “We love Dickey’s food and atmosphere and know others here will too.”

To learn more about franchising with Dickey’s, visit Dickey’s franchising page or call 866-340-6188. Find your nearest Dickey’s Barbecue Pit location here.

Follow Dickey’s on Facebook, Instagram and Twitter.

Download the Dickey’s App from the Apple App Store or Google Play.

About Dickey’s Barbecue Restaurants, Inc.
Dickey’s Barbecue Restaurants, Inc., the nation’s largest barbecue chain was founded in 1941 by Travis Dickey. For the past 78 years, Dickey’s Barbecue Pit locations across the nation have served guests Legit. Texas. Barbecue.™ At Dickey’s, all our barbecued meats are smoked on-site in a hickory wood burning pit for up to 14 hours. The Dallas-based family-run barbecue franchise offers several slow-smoked meats and wholesome sides with ‘No B.S. (Bad Stuff)’ included. The fast-casual concept has expanded worldwide with 2 international locations in the UAE and operates over 500 locations in 44 states. In 2016, Dickey’s won first place on Fast Casual’s “Top 100 Movers and Shakers” list and was named a Top 500 Franchise by Entrepreneur in 2018. Dickey’s Barbecue Pit has also been recognized by Franchise Times, The Wall Street Journal, QSR Magazine, Forbes Magazine and Nation’s Restaurant News. For more information, visit www.dickeys.com.

Media Contact:
Greer Martin
gmartin@dickeys.com
972-248-9899 x156

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Oil prices recoil as specter of trade war

Singapore, Oil prices slipped on Tuesday for a second straight session as the cons of a slowing global demand outlook outweighed the pros of OPEC’s agreement with associated producers at the end of last week to deepen crude output cuts in early 2020.

Brent futures were down 14 cents, or 0.2%, at $64.11 per barrel by 0450 GMT. West Texas Intermediate oil futures were 13 cents, or 0.2%, lower to $58.89 a barrel. The benchmarks fell 0.2% and 0.3% respectively on Monday, Reuters reported.

The euphoria (on output cuts) was short lived, with an unexpected fall in exports from China highlighting the impact of the trade conflict, said ANZ Bank in a note on Tuesday.

Data released on Sunday showed exports from China in November fell 1.1% from a year earlier, confounding expectations for a 1% rise in a Reuters poll.

That weakness came amid fresh fronts in the trade war between Washington and Beijing that has stymied global economic growth coming up fast: Washington’s next round of tariffs against some $156 billion Chinese goods are scheduled to take effect on Dec. 15.

US President Donald Trump does not want to implement the next round of tariffs, US Agriculture Secretary Sonny Perdue said on Monday – but he wants movement from China to avoid them.

With the swathe of new tariffs due to kick in on 15 December, the market is watching negotiations closely, said ANZ.

Analysts said that, though overshadowed for now, the move by ‘OPEC+’ – the Organization of the Petroleum Exporting Countries (OPEC) and associated producers like Russia – to deepen output cuts from 1.2 million barrels per day (bpd) to 1.7 million bpd would remain a mid-term support factor.

But rising non-OPEC production threatens to counteract efforts to limit global crude supplies.

Despite the voluntary restraint from OPEC, world oil markets remain well supplied … with non-OPEC output expected to rise by well over 2 million bpd next year, with big increases in the US, Brazil, and Norway, said Henning Gloystein, director of global energy and natural resources at Eurasia Group in a note.

US crude oil output recently hit a record of 13 million bpd and it is expected to rise further in 2020.

Going forward, oil prices are likely to be more data-driven, and move in tandem with demand forecasts, said Margaret Yang, market analyst at CMC Markets.

Source: Bahrain News Agency