Pakistan – Page 141 – Emirates News

June 20, 2023

Floship Becomes Second Recipient of Investment from FedEx Innovation Lab

The investment marks a significant milestone and signals a new era in the development of the future of global circular e-commerce fulfillment services.

HONG KONG, June 19, 2023 (GLOBE NEWSWIRE) — Leading global circular supply chain solutions provider, Floship, has announced today that it has received an investment from FedEx Innovation Lab (FIL). This investment by FIL will strengthen Floship’s capabilities to extend its service offering to new markets. Floship is poised to collaborate with FedEx to build an end-to-end digitalized fulfillment and return solution that will create smart logistics for all.

This partnership will give FedEx e-commerce customers access to Floship’s global network of warehouses and powerful logistics platform’s capabilities to streamline their e-commerce fulfillment operations. At the same time, Floship’s customers will be able to leverage FedEx global networks as well as a full range of FedEx extensive transportation options to optimize their operations.

FedEx Innovation Lab makes early-stage investments in rising start-ups to bring additional value in terms of capabilities and speed to market to start-up firms through the FedEx global network, resources, and customer base.

Josh Tsui, CEO of Floship, commented on the investment, “It’s an honor for Floship to be collaborating with FedEx. This is a significant milestone in Floship’s journey to becoming the leading circular supply chain and fulfillment solution provider worldwide. It is a testament to our e-commerce clients about the future strategic direction of Floship and enhancements to our service offering,” said Tsui.

About Floship

Floship’s global circular supply chain ecosystem solutions cover all aspects of the global supply chain, ensuring minimal operation effort for e-commerce businesses, and allowing business owners to concentrate on driving growth with investment flexibility while gaining peace of mind.

Learn more at www.floship.com or follow us on LinkedIn.

For more information about Floship, please contact:

James Linacre, PR & Communications Lead

Phone: (+852) 5333 9420

Email: pr@floship.com

GlobeNewswire Distribution ID 8860144

June 20, 2023

ROSEN, NATIONAL TRIAL COUNSEL, Encourages UP Fintech Holding Limited Investors to Inquire About Securities Class Action Investigation – TIGR

NEW YORK, June 19, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of UP Fintech Holding Limited (NASDAQ: TIGR) resulting from allegations that UP Fintech may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased UP Fintech securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=16262 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.

WHAT IS THIS ABOUT: On May 16, 2023, UP Fintech issued a press release responding to requirements of the China Securities Regulatory Commission (“CSRC”). The press release stated that “the Company will change its approach of updating user terminals for existing Chinese mainland clients and will remove its app “Tiger International” from the Chinese mainland application market starting on May 18, 2023, in order to complete the rectification work with satisfactory results.”

On this news, UP Fintech’s American depositary receipt (“ADR”) price fell 7% to close at $2.64 per ADR on May 16, 2023.

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. 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.

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 8860596

June 19, 2023

New solutions urgently needed to tackle smoking worldwide: experts to convene in Poland at the Global Forum on Nicotine

GFN23

Tobacco harm reduction can hasten an end to smoking-related death and disease. Copyright-free photo by Mathew MacQuarrie on Unsplash.

WARSAW, Poland, June 19, 2023 (GLOBE NEWSWIRE) — International public health specialists, scientists, doctors, regulators, consumers and manufacturers are convening this week in the Polish capital to discuss new ways of tackling global smoking-related death and disease. Over four days, 70 speakers and hundreds of delegates at the tenth annual Global Forum on Nicotine (21 – 24 June) will focus on tobacco harm reduction, which encourages adults who cannot quit smoking to switch to safer nicotine products.

Despite decades of tobacco control efforts, a billion people still smoke worldwide, with eight million smoking-related deaths each year. Four in five smokers live in low- and middle-income countries, least able to cope with the resulting burden of disease, and smoking is a major cause of health inequalities in higher income countries. The thousands of toxins released when tobacco burns cause smoking-related diseases, not nicotine, which is a comparatively low-risk substance.

Vapes (e-cigarettes), pasteurised snus, nicotine pouches and heated tobacco products enable people to use nicotine without burning tobacco, significantly reducing health risks compared to continued smoking. Global estimates suggest 112 million people use these products, despite inconsistent regulation and outright prohibition in some countries. Smoking prevalence is falling faster where these products are available and appropriately regulated, such as in the UK, Sweden, Japan and New Zealand.

GFN23 will tackle the opportunities and challenges of tobacco harm reduction, including the development of regulatory systems that enable adult smokers to access safer products, while reducing youth uptake. Open to all, free live-streamed sessions from the event, translated from English to Spanish and Russian, will cover the last decade of science around safer nicotine products and their efficacy in smoking cessation, the environmental impact of safer products in comparison to combustible cigarettes and the detrimental impact of moral stances and ideology on science and regulation.

While it supports harm reduction for HIV/AIDS prevention and substance use, the World Health Organization opposes harm reduction for tobacco. Ibero-American experts at GFN23 will discuss the upcoming WHO Framework Convention on Tobacco Control COP10 in Panama this November, where decisions on the future of safer nicotine products may have grave implications for global public health.

Ahead of GFN23, Gerry Stimson, Emeritus Professor at Imperial College London and the event’s co-founder, called for international tobacco control leaders to adopt rational and pragmatic approaches that prioritise saving lives: “Ideology must be set aside and people must be supported to quit by all available means.”

The Global Forum on Nicotine (GFN) is the only international conference to focus on the role of safer nicotine products that help people switch from smoking, in an approach called tobacco harm reduction. Find out more and register to watch online sessions free at https://gfn.events/

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/feaca847-b6e8-4140-9da8-e5658737df26

Ruth Goldsmith, GFN23 Communications Lead
ruth@gfn.events
https://gfn.events/

GlobeNewswire Distribution ID 1000825970

June 19, 2023

SAABSOFT introduces new property listing from Bitrix24 CRM

SAABSOFT is leading digital transformation for Real Estate sector

DUBAI, United Arab Emirates, June 19, 2023 (GLOBE NEWSWIRE) — Bitrix24 partners with Dubai-based SAABSOFT company to drive the digital transformation in the MENA region. It has been announced on 1^st April, 2022 that the companies have entered into a strategic partnership to layer new technology into business strategy and operations of SMEs in the UAE and MENA region.

As a result of the agreement, SAABSOFT has implemented Bitrix24 CRM successfully for more than 300+ real estate companies in UAE. Due to high demand in the real estate sector, UAE’s market has witnessed an increase in real estate start-up companies which leads to high competition in the market.

On 1^st April 2023, SAABSOFT has launched the latest integrated solution with Bitrix24 for the real estate sector to publish and manage property listings from Bitrix24 to all the popular real estate portals as a part of digital transformation efforts.

Mr. Ashraf Alsaab – CEO and Founder of SAABSOFT said, “The future is bionic, and it’s already here. It’s a new paradigm, powered by technology and harnessed by people. To thrive, you must focus on outcomes that will make a difference. Each company needs to achieve the best automation process that can save time, cost and the best performance.”

Saabsoft company – The Bitrix24 Dubai, Bitrix24 UAE and MENA region partner – is a leading software company that exists remarkably in the field since 2018, based in Dubai, UAE and founded by IT experts with over 20 years of experience in technology. Saabsoft offers services in key areas of: Digital Transformation, Software Development, Software Solutions, Business Automation, Digital Marketing and Research & Data Analysis.

Media Contact:
Baher Shokry
Business Development Manager
b.shokry@saabsoft.com
+971 50 4871465

GlobeNewswire Distribution ID 1000825835

June 17, 2023

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages NextEra Energy, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – NEE, NEE-PR, NEE-PQ

NEW YORK, June 17, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of NextEra Energy, Inc. (NYSE: NEE, NEE-PR, NEE-PQ) between December 2, 2021 and February 1, 2023, both dates inclusive (the “Class Period”), of the important July 25, 2023 lead plaintiff deadline.

SO WHAT: If you purchased NextEra securities 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 NextEra class action, go to https://rosenlegal.com/submit-form/?case_id=16680 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 July 25, 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: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) NextEra’s primary subsidiary, Florida Power and Light Co. (“FPL”), surreptitious orchestration of political misconduct exposed NextEra to substantial legal and reputational risk; and (2) in light of the above, defendant’s positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the NextEra class action, go to https://rosenlegal.com/submit-form/?case_id=16680 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.

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Contact Information:

GlobeNewswire Distribution ID 8859793