Day: October 10, 2022

Former SES President and CEO Joins E-Space as Managing Director for Europe and the Middle East

TOULOUSE, France, Oct. 10, 2022 /PRNewswire/ — E-Space, a global space company focused on bridging Earth and space with the world’s most sustainable low Earth orbit (LEO) network, today announced the appointment of Karim Michel Sabbagh to managing director, Europe and Middle East, reporting to E-Space Founder and CEO Greg Wyler.

Sabbagh will oversee all European and Middle East business strategy and operations, as well as provide support to the regional corporate development, technical and manufacturing team activities. He will also lead interactions with commercial, government and defense organizations as well as other key stakeholders in the region. Further, Sabbagh will help support Wyler on defining key programs, operational actions and general management functions.

Sabbagh has an incredible history in the space industry. He was the former President and CEO of SES, Chairman of SES ASTRA and a member of the Board of Directors of O3b Networks, prior to its acquisition by SES. While at SES, Sabbagh was recognized for building a world-class space organization with admirable strategic focus, leadership and space capabilities. He joined SES from global consulting firm Booz & Co. where he served as global practice leader for communication, media and technology.

Greg Wyler commented, “I have known Karim since working with SES, when he had the foresight to see how NGSO systems were going to change the industry. Not only does he have an impressive track record of accomplishments from leading major space organizations to building global teams, but he has the right experience, credibility and energy to immediately step into this role and make an impact. We have ambitious goals at E-Space, and Karim will help us disrupt traditional NewSpace markets as we fundamentally change the design of legacy LEO space systems to deliver entirely new satellite capabilities at a fraction of the cost.”

Karim Michel Sabbagh added, “E-Space is on track to make a major step-change in how global governments, defense organizations, enterprises and small businesses leverage space as a global communications platform. The Company’s goals are bold, and their focus is directed on enabling an entirely new class of ubiquitous, real-time communications and Internet of Things services to support everything from basic messaging up to advanced voice, video and data communications. Having worked with Greg in the past, I’m energized and motivated to help make E-Space a success story within the larger global space and communications communities.”

About E-Space
E-Space is a global space company focused on bridging Earth and space with the world’s most sustainable low Earth orbit (LEO) network, which will grow past one hundred thousand sustainable, multi-application communication satellites to help governments and businesses securely and affordably access the power of space to solve problems on Earth. Founded by industry pioneer Greg Wyler, E-Space is focused on democratizing space and transforming industries by bringing down the cost of space-based communications, raising the level of satellite system resiliency and setting a new standard in sustainable space infrastructure that will effectively minimize and reduce space debris and destruction while preserving access to space for future generations. Learn more about the Company at e-space.com, or follow E-Space on LinkedIn, Twitter and Instagram.

Copyright © 2022 E-Space. All rights reserved. E-Space and the E-Space logo are registered trademarks of E- Space. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.

E-Space Media Contact:
Chris Phillips, vice president, PR & Communications: chris.phillips@e-space.com; +1 (917) 974-1667

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Brave Talk is a global college training program designed in partnership with mental health experts to give students the tools to support those around them experiencing anxiety or depression

NEW YORK, Oct. 10, 2022 /PRNewswire/ — More than half of first-year college students (54%) frequently felt anxious since starting college – and 60% don’t turn to professionals for help*. They turn to their friends. To encourage conversation and ensure support is accessible to all, Maybelline New York has partnered with The Jed Foundation (JED), to create Brave Talk, a free expert-developed training designed to give students the skills to support their peers who may be struggling and help connect them to care.

“At Maybelline we believe that mental health is health, but we know that when people are struggling, they turn to those they trust first. We created a program that would put 1:1 support for mental health into everyone’s hands. With Brave Talk, we believe more people will feel heard, supported, and aware of the resources available to them.” said Trisha Ayyagari, Global Brand President, Maybelline New York Worldwide. “We passionately believe no one should have to struggle alone.”

Brave Talk builds on the #1 beauty brand’s Brave Together program launched in 2020, dedicated to helping destigmatize anxiety and depression worldwide and making 1:1 support accessible to all, in partnership with mental health nonprofits around the world. Brave Together is committed to reaching 1 million people with 1:1 support and donating $10 million to mental health causes by 2025.

WHAT IS BRAVE TALK?

Created in partnership with JED’s clinical experts, Brave Talk is a free 90-minute scenario-based training designed to be delivered by college staff that will educate students on how-to spot the signs of someone who is struggling, how-to support them and how-to connect them with appropriate help. Brave Talk’s goal is to build a culture where students can feel heard and cared for.

“JED knows that creating a culture of caring around young adults is protective for their mental health. Brave Talk will open up much-needed conversations about mental health on college campuses while encouraging students to not only look after their own emotional well-being, but also look out for one another,” said JED CEO John MacPhee. “Making these types of resources available to college students is more important than ever, and we are proud to continue our partnership with Maybelline, and thankful for their commitment to breaking down barriers in mental health care access.”

Brave Talk is created with a memorable frame and includes “Brave Steps” to allow anyone to remember how start the conversation with a friend.

Maybelline will kick off the Brave Talk pilot this month at New York University, followed by the S Jay Levy Fellowship for Future Leaders at The City College of New York and Queens College as well as internally with Maybelline NY and L’Oreal Group employees. In 2023, the training will be available for free to all colleges nationally (in the US) and globally.

If your college would like to learn more about Brave Talk, contact workshops@jedfoundation.org.

Maybelline New York is the number one cosmetic brand in the world, available in over 120 countries. By combining technologically advanced formulas with on-trend expertise and New York City edge, Maybelline New York’s mission is to offer innovative, accessible, and effortless cosmetics for all. In 2020, Maybelline introduced Brave Together, a long-term program to support anxiety and depression and help everyone, everywhere to bravely take on their world. Brave Together provides critical one-on-one support, an online education hub, a variety of programming to help destigmatize the conversation around mental health and has committed to donate $10 million over the next five years to global and local organizations. For more information log on to www.maybelline.com or www.maybelline.com/bravetogether.com.

JED is a nonprofit that protects emotional health and prevents suicide for our nation’s teens and young adults. We’re partnering with high schools and colleges to strengthen their mental health, substance misuse, and suicide prevention programs and systems. We’re equipping teens and young adults with the skills and knowledge to help themselves and each other. We’re encouraging community awareness, understanding, and action for young adult mental health.

*Source: Healthy Minds Study Fall 2020 Data Report

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ABU DHABI, UAE, Oct. 10, 2022 /PRNewswire/ — OneConnect Financial Technology Co., Ltd (“OneConnect” or the “Company”, Stock Code: 6638.HK), a leading Technology-as-a-Service (“TaaS”) provider, today unveiled OneConnect Smart Technology (ME) Limited in the United Arab Emirates (UAE) at the Abu Dhabi Global Market (ADGM), the leading international financial centre of the capital of the UAE.

Earlier, OneConnect announced that it will help develop the ADGM SME Financing Platform, an integrated digital finance marketplace that will transform the financing services landscape for small and medium enterprises (SMEs) in the UAE. The intelligent marketplace aims to advance financial inclusion, enhance transparency, alleviate cost of finance operations for SMEs and improve the overall customer experience for SMEs and their funding partners.

The ADGM SME Financing Platform will be an open and inclusive digital finance platform that improves SMEs’ access to financing. As a marketplace connecting various key stakeholders such as SMEs, multi-lenders and data sources from government agencies, and supported by a robust loan origination process which enables seamless transfer of data, the platform will enable better, faster and more risk-appropriate financing decisions to be made. The entire loan application process is made agile and simplified through the use of digital tools such as e-contracts and e-signatures.

Ms Tan Bin Ru, CEO (Southeast Asia) of OneConnect Financial Technology, officiated the opening ceremony and said: “OneConnect Smart Technology further expands our footprint in the Middle East. We are excited to bring our expertise in developing digital financial solutions for SMEs within the UAE and eventually to the Middle East and North Africa (MENA).”

Dhaher bin Dhaher Al Muhairi, CEO of ADGM Registration Authority said, “SMEs are a key contributor to economic growth and are deserving of an open and transparent marketplace for financial products,”

He added, “With the new platform, SMEs will find more convenient, affordable and effective financing solutions that will further improve the competitiveness and diversification of the UAE economy and transform the financing landscape in the MENA region.”

In 2021, OneConnect had worked with ADGM to launch the Digital Lab, UAE’s first Open API platform that allows financial institutions and FinTech innovators to collaborate and build the next generation of digital financial services.

“With two successful cooperation initiatives with AGDM and the newly-opened OneConnect Smart Technology office in Abu Dhabi, we are confident of contributing to the digital transformation of the finance sector within the MENA region,” said Annie Ong, Chief Revenue Officer of OneConnect Financial Technology.

Despite challenges caused by the ongoing global COVID-19 pandemic, OneConnect has been successful in securing new partnerships building a strong relationship with ADGM. Through a comprehensive suite of technologies, a unique “Finance+Technology” business model and a customer-oriented approach, OneConnect will continue to explore future opportunities within the MENA region following the adoption of a cutting-edge platform by the leading financial centre and common law jurisdiction within the region.

During the event, OneConnect introduced the End to End Digital Banking Solutions Suite, OneCosmo, the result of the joint product offerings of a partnership between OneConnect and Pismo, a cloud-native core processing platform from Brazil, to the business counterparts in the UAE.

As of August 31, the technological solutions on OneCosmo platform has been utilised by more than 50 million new accounts, registering more than 2 billion transactions with a total transaction value exceeding US$109 billion.

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NICOSIA, Cyprus, Oct. 10, 2022 /PRNewswire/ — Global FX and CFD broker M4Markets has announced today that it has acquired a CySEC license and will now be offering services and products to European traders.

Following a very successful journey outside Europe during the past two years, M4Markets has established itself as one of the most reliable brokers in the industry and has collected a number of awards and accolades that bear witness to the broker’s achievements. The broker’s growing client-base and trading volumes are a testament to its success and the direction towards offering services to European clients is strategic as M4Markets is endeavoring to establish itself as one of the key players in the industry.

More specifically, M4Markets and the group behind M4Markets, the Oryx Group, have purchased ICC Intercertus Capital Ltd, a legal company regulated by CySEC. ICC Intercertus Capital Ltd will now be operating under the legal name of Harindale Ltd and will be operating as M4Markets Europe.

Speaking about the new license acquisition, M4Markets Group CEO, Mr. Panikos Teklos, commented that “M4Markets has grown significantly over the past two years and strategically it was the logical next step for us to penetrate the European market as a lot of the European traders are experienced and as passionate about trading as we are. We are committed to maintaining the same level of client service that has helped set M4Markets apart and we will continue to improve our offering to meet the needs of our traders.”

Also commenting on the CySEC license, M4Markets Group CMO Mrs. Marilena Iakovou noted that “When we started M4Markets we faced a lot of challenges, it was in the midst of the pandemic, the industry was saturated from competition and against all odds, we’ve managed to position ourselves as one of the most trusted brokers in the industry. The background of the founders of M4Markets is in investment banking and professional advisory services and we have tried to maintain that level of quality and commitment throughout our services to European traders.”

About M4Markets

M4Markets is a Forex and CFD trading services provider offering first-class trading products with ultra-competitive pricing and execution. M4Markets is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) and by the Seychelles Financial Services Authority (FSA Seychelles).

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