Day: June 10, 2023

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PLUG DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Plug Power Inc. Investors With Losses in Excess of $100K to Secure Counsel Before Important June 12 Deadline in Securities Class Action – PLUG

NEW YORK, June 10, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Plug Power Inc. (NASDAQ: PLUG) between August 9, 2022 and March 1, 2023, both dates inclusive (the “Class Period”) of the important June 12, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Plug Power common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Plug Power class action, go to https://rosenlegal.com/submit-form/?case_id=1011 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 12, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: The lawsuit alleges that, throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts, about Plug’s business and operations. Specifically, defendants misrepresented and/or failed to disclose that Plug was unable to effectively manage its supply chain and product manufacturing, resulting in reduced revenues and margins, increased inventory levels, and several large deals being delayed until at least 2023, among other issues. As a result, defendants’ statements about Plug Power’s business, operations, prospects, and ability to effectively manage its supply chain and production lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Plug Power class action, go to https://rosenlegal.com/submit-form/?case_id=1011 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8855730
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Al Qasabi Concludes Official Visit to London with Meetings Aiming at Strengthening Economic Partnership

Minister of Commerce of the Kingdom of Saudi Arabia Dr. Majid bin Abdullah Al Qasabi held a number of meetings with British ministers and leaders of major companies, aiming at boosting trade and economic partnership between the two countries.

The meetings were attended by Saudi Ambassador to the United Kingdom Prince Khalid bin Bandar bin Sultan bin Abdulaziz and Deputy Minister of Commerce and CEO of the National Competitiveness Center .Dr. Iman bint Habbas Al-Mutairi.

During his visit, Al Qasabi met with the following UK officials: Minister of State for Energy Security and Net Zero Grant Shapps; Minister of Trade and Business Kimi Badinosh, Minister of Investment Dominic Johnson, Minister of State for Middle East and North African Affairs Tariq Mahmoud Ahmed, and Minister of State at the Department of Education Nick Gibb.

Al Qasabi also held meetings with Undersecretary of Department of Science, Innovation and Technology Viscount Camrose, Advisor to the British Prime Minister for Business and Investment Frank Petitgas, Prime Minister’s Special Representative for Education, Sir Steve Smith, and CEO of the British Accreditation Authority Matt Gantley.

The meetings tackled the strategies and programs of the Saudi Vision 2030 aimed at expanding business opportunities and investments between the two countries, as well as encouraging British companies to expand their businesses in Saudi Arabia, and encouraging and financing emerging companies to enter promising fields of research and innovation; the British experience in developing entrepreneurship was also reviewed.

Al Qasabi also held meetings with leaders of the British business sector, most notably with CEO of Rolls-Royce Tufan Erginbilgic, and participated in a dialogue session with members of the Asian House, a think-tank concerned with promoting trade between Asia, the Middle East and Europe.

The Saudi delegation had a scheduled visit to Dulwich College where it was briefed on the British practices and experience in the field of education.

The minister’s visit to UK coincided with the third meeting of the Economic and Social Committee of the Saudi-British Strategic Partnership Council, which convened in London.

Composed of 45 officials from 22 government, non-profit and private agencies, the Saudi delegation participated in the “Saudi-British Business Partnership Forum”, organized by the National Competitiveness Center, the Joint Saudi-British Business Council, and the Federation of Saudi Chambers.

Among the participating entities were the Central Bank of Saudi Arabia, the Public Investment Fund, Mohammed bin Salman “Misk” Foundation, Roshan Real Estate Group, the Federation of Saudi Chambers and the Joint Saudi-British Business Council.

Source: Saudi Press Agency

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First Group of Pilgrims from Tajikistan Leaves for Saudi Arabia

The first group of pilgrims from the Republic of Tajikistan left Dushanbe International Airport Today at dawn, heading for the holy sites in the Kingdom of Saudi Arabia.

The ceremonial event was supervised by Chairman of the Religious Committee of Tajikistan Suleiman Dolatzadeh and Saudi Ambassador to the Republic of Tajikistan Walid bin Abdul Rahman Al-Rushaidan.

Dolatzadeh expressed thanks and appreciation to the government of the Kingdom of Saudi Arabia for all the facilities provided to pilgrims.

Al-Ruhaidan reaffirmed that serving pilgrims is an honor and a matter of pride for the Kingdom, pointing out that this year’s Hajj witnesses a return to previous open-quota for all countries, as all precautionary measures were lifted and the COVID-19 pandemic receded. He also expressed hope that God Almighty accepts their Hajj, which is a commendable pursuit and forgives their sins, and wished pilgrims a safe return to their homeland.

Source: Saudi Press Agency

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Procedures for the Departure of a Batch Consisting of 3 Turkish Pilgrim Groups Heading for the Holy Sites in KSA Completed as per Makkah Route Initiative

As per Makkah Route Initiative, a pilgrims in-advance-service program applied abroad by the Ministry of Interior of the Kingdom of Saudi Arabia as part of the Kingdom Vision 2030, routine procedures for the departure of three Turkish pilgrim groups, consisting of 884 pilgrims from the Republic of Turkiye, were smoothly finalized at Istanbul International Airport today, before they boarded the plane taking them to the holy sites in the Kingdom of Saudi Arabia.

The pilgrims of this batch will take three trips. One departed for Jeddah Airport and two flew to Madinah.

The Makkah Route Initiative consists of doing all the departure and arrival procedures of pilgrims in their home countries, starting with granting electronic entry visas, collecting personal biometrics, carrying out all passport procedures, ensuring that pilgrims have a clean bill of health, and coding and sorting out their luggage.

Upon their arrival, the pilgrims are taken directly by buses to their places of residence.

Source: Saudi Press Agency

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Syria participates at Festival of Embassies – Food & Culture 2023, Prague

The activities of the 8th Festival of Embassies – Food & Culture 2023 began in Prague on Saturday with participation of Syria.

The festival is organized by Prague and foreign embassies and consulates accredited in the Czech Republic under the slogan “Culture and food unite peoples”.

It is an event presenting the culture and gastronomy of countries around the world.

The Syrian Embassy stand at the festival presents the cultural on Syria, including the textile and food industries, tourist and heritage places in addition to food dishes and sweets which are well known in Syria.

Embassies of 52 countries, including several Arab countries, took part in the festival.

Source: Syrian Arab News Agency

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Cuper announces list of Syrian national football players ahead of Vietnam match

Head coach of the Syrian national football team, Hector Cuper, announced the list Players who will participate in the friendly match with the Vietnam national team in preparation for the Asian cup Finals.

The team’s delegation will head to Vietnam next Sunday morning to conduct a training camp and concludes it with a friendly match with the Vietnam national team. The trip will start on June 12th and ends on the twentieth of it.

The team list included Ibrahim Alama, Ahmed Madaniah and Shaher Al-ShakerTaha Moussa, Amr Midani, Thaer Kroma, Moaid El-Khouly, Fares Arnaout, and YoussefMuhammad, Fahd Al-Youssef, Khaled Kurdaghli, Amr Jinyat, Hussein Jawaid, and Moaid Al-AjanAnd Muhammad Al-Anz, Kamel Himisha, Ahmed Al-Ashqar, Muhammad Al-Marmour, Mustafa Junaid and HussamAyesh, Mahmoud Al-Mawas, Mardik Mardikian, Modi Al-Najjar, Alaa Daly and YassinSublime and Omar Somah .

Source: Syrian Arab News Agency

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Prime Minister inspects implementation of two housing projects for earthquake- affected people in Aleppo

Prime Minister Hussein Arnous visited the sites of two housing projects being implemented at Al-Maasraniya area and Al-Haydariyeh neighborhood in the city of Aleppo, intended for people affected by the earthquake.

Al-Maasraniya housing project, east of Aleppo consists of four lots, including 120 houses to be built on an area of 68 hectares.

While the housing project in the Al-Haydariyeh neighborhood includes four lots in an area of 25,000 square meters.

Source: Syrian Arab News Agency

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Prime Minister emphasizes the need to devote all capabilities to facilitate wheat marketing to grain establishment

Prime Minister, Eng. Hussein Arnous, inspected Saturday wheat marketing operations at grain receiving centers in KafarJoum, Aleppo western countryside and Khan Shaykhun, Idleb liberated countryside.

The government has worked to secure large quantities of fertilizers and fuel by all available means across the Syrian provinces, Arnous spoke to the journalists in a statement.

Arnous emphasized the need to devote all capabilities to facilitate the transportation and delivery grain to the marketing centers of the Syrian Public Establishment for Grain.

The grain receiving center at KafrJoum in Aleppo western countryside has a capacity of 12,000 tons of wheat.

For his part, Idleb Governor, Thaer Salhab said that the wheat crop is received in two grain receiving centers at Khan Shaykhun and Abu Dohour in the liberated countryside of Idleb.

He noted that nearly 8,000 tons of wheat out of 17,000 tons have been received so far.

Source: Syrian Arab News Agency

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Syria, Iran discuss bilateral relations

Foreign and Expatriates Minister Fayssal Mikdad and his Iranian counterpart Hossein Amirabdollahian discussed Saturday bilateral relations between Syria and Iran and the positive developments on the Arab and regional arenas.

In a phone conversation, both sides discussed a number of issues of mutual concern and the need to implement bilateral agreements reached during the Iranian President Ebrahim Raisi’s visit to Syria.

Source: Syrian Arab News Agency

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Foreign Ministry: Lebanese people and army bravely confront Israeli aggression on Kafr Shuba area

Syria extended greetings to the Lebanese people and army for their brave defend of the land of Lebanon and its sovereignty against the Israeli aggression that took place in Kafr Shuba area yesterday, stressing that these aggressions will only result in successive failures and continuous defeats.

The Foreign and Expatriates Ministry said, in a statement on Saturday, that the Lebanese people and army has courageously and valiantly confronted over the last day, the Israeli aggression on south Lebanon in Kafr Shuba area, as the Lebanese brave men confronted the Israeli attempts to undermine Lebanon’s sovereignty and its territorial dignity.

The Ministry added that the Israeli occupation army’s schemes and its continued aggression turned on the Zionist entity which was targeting to change the geographic features of the area.

The Foreign Ministry concluded by saying that the Syrian Arab Republic extends greetings to the Lebanese people and army for defending the land of Lebanon and its sovereignty, and strongly condemns the Israeli continued aggression on Lebanon which will only result in successive failures and continuous defeats.

The Israeli occupation forces launched Friday an aggression with gas bombs against the people demonstrating against the bulldozing of their lands by the Israeli occupation forces in Kafr Shuba and Arqoub.

Source: Syrian Arab News Agency