ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Danaher Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – DHR

NEW YORK, Aug. 05, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Danaher Corporation (NYSE: DHR) between April 21, 2022 and April 24, 2023, both dates inclusive (the “Class Period”), of the important September 15, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Danaher 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 Danaher class action, go to https://rosenlegal.com/submit-form/?case_id=17717 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 September 15, 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 handle 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) as the severity of the COVID-19 pandemic subsided, revenue growth associated with Danaher’s COVID-19-related businesses was declining; (2) contrary to the Company’s prior representations to investors, revenues associated with Danaher’s non-COVID-19-related businesses were insufficient to compensate for the foregoing negative trend; (3) accordingly, Danaher overstated the Company’s ability to sustain the growth it had experienced in 2020 and 2021;  (4) as a result, it was unlikely that Danaher would be able to meet its 2023 revenue forecasts; and (5) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Danaher class action, go to https://rosenlegal.com/submit-form/?case_id=17717 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 8888006

ROSEN, A RESPECTED AND LEADING FIRM, Encourages Aldeyra Therapeutics, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – ALDX

NEW YORK, Aug. 05, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Aldeyra Therapeutics, Inc. (NASDAQ: ALDX) between March 17, 2022 and June 20, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 29, 2023.

SO WHAT: If you purchased Aldeyra 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 Aldeyra class action, go to https://rosenlegal.com/submit-form/?case_id=18032 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 September 29, 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. 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 made false and/or misleading statements regarding the Company’s business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) the ADX-2191 NDA did not include adequate and well-controlled investigations and thus failed to show substantial evidence of ADX-2191’s effectiveness; (2) as a result, the FDA was unlikely to approve the ADX-2101 NDA in its current form; (3) accordingly, the Company had overstated ADX-2191’s clinical and/or commercial prospects; and (4) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Aldeyra class action, go to https://rosenlegal.com/submit-form/?case_id=18032 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 8888051

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages AT&T Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action Commenced by the Firm – T

NEW YORK, Aug. 05, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of AT&T Inc. (NYSE: T) between March 1, 2020 and July 26, 2023, both dates inclusive (the “Class Period”), of the important September 26, 2023 in the securities class action commenced by the Firm.

SO WHAT: If you purchased AT&T 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 AT&T class action, go to https://rosenlegal.com/submit-form/?case_id=17730 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 September 26, 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 handle 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, throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose, among other things, that: (1) AT&T owns cables around the country that are highly toxic due to their being wrapped in lead, and which harm Company employees and non-employees alike; (2) it faces potentially significant litigation risk, regulatory risk, and reputational harm as a result of its ownership of these lead-covered cables and the health risks stemming from their presence around the United States; (3) it was warned about the damage and risks presented by these cables but did not disclose them as a potential threat to employee safety or to everyday people and communities; and (4) as a result, Defendants’ statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the AT&T class action, go to https://rosenlegal.com/submit-form/?case_id=17730 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 or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. 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. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

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 8888046

ROSEN, A LEADING AND RANKED FIRM, Encourages Outset Medical, Inc. Investors to Inquire About Securities Class Action Investigation – OM

NEW YORK, Aug. 05, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Outset Medical, Inc. (NASDAQ: OM) resulting from allegations that Outset Medical may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Outset Medical 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=17760 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 July 7, 2023, Outset Medical disclosed in a filing with the U.S. Securities and Exchange Commission that “[o]n July 6, 2023, Outset Medical, Inc. (the ‘Company’) received a Warning Letter, dated July 5, 2023 (the ‘Warning Letter’), from the United States Food and Drug Administration (the ‘FDA’).” The filing stated that, as previously disclosed in the Company’s annual report, “the FDA issued an FDA Form-483 identifying four inspectional observations resulting from an FDA inspection that concluded on February 10, 2023” and that “[t]he Warning Letter raises two additional observations. The first observation asserts that certain materials reviewed by the FDA and found on the Company’s website promote continuous renal replacement therapy (CRRT), a modality outside of the current indications for the Tablo® Hemodialysis System. The Company believes this concern has been effectively addressed through labeling and promotional changes already underway. The second observation asserts that the TabloCart with Prefiltration (the ‘TabloCart’), requires prior 510(k) clearance for marketing authorization. . . . The Company intends to work collaboratively with the FDA to resolve this observation, including potentially submitting a 510(k) on TabloCart.”

On this news, Outset Medical’s stock price fell $1.20 per share, or 5.87%, to close at $19.26 per share on July 10, 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 8888044

ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Frontier Communications Parent, Inc. Investors With Losses to Inquire About Securities Class Action Investigation – FYBR

NEW YORK, Aug. 05, 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 Frontier Communications Parent, Inc. (NASDAQ: FYBR) resulting from allegations that Frontier Communications may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Frontier Communications 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=17738 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 July 14, 2023, The Wall Street Journal issued an article entitled “I Was Really Sick, And I Didn’t Know From What”, which discussed illnesses affecting telecoms workers who have been exposed to toxic lead.

On this news, Frontier Communications stock declined by $1.93 per share, or 11.9%, to close at $14.31 on July 14, 2023.

On July 17, 2023, The Wall Street Journal released an article entitled “Environmental Groups Ask Epa To Shield Public From Abandoned Lead Cables”, which discussed how environmental groups were requesting that the EPA respond to the reports that telecom companies such as Frontier Communications were leaving toxic lead cables around the country.

On this news, Frontier Communications stock fell a further $2.26, or 15%, to close at $12.05 on July 17, 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 8888013

Two More Palestinians Killed In Clashes With Israeli Settlers, Soldiers In West Bank: Health Ministry

Two more Palestinians were killed yesterday, during clashes with Israeli settlers and soldiers, in two separate incidents in the West Bank, the Palestinian health ministry said.

Qusai Ma’tan, 19, died after he was shot by Israeli settlers, during clashes in the village of Burqa, north-west of Nablus, while two other Palestinians were moderately injured, the ministry said.

Palestinian eyewitnesses said, clashes broke out in Burqa between dozens of Palestinians and Israeli settlers, who stormed the village.

During clashes in the Noor Shams refugee camp, near Tulkarem, in the northern West Bank, Mahmoud Abu Sa’an, 18, died, after he was shot by Israeli soldiers in the head, according to the ministry.

Clashes broke out in the refugee camp, after an Israeli armed forces team stormed the area, to arrest Palestinians wanted by Israeli security forces, said Palestinian eyewitnesses.

Meanwhile, the Israeli army said, its soldiers shot at Palestinians who threw stones and explosives at them.

Speaker of the Palestinian National Council, Rawhi Fattouh, said in a press statement that, he condemned what he termed “the execution of Abu Sa’an by the occupation soldiers,” holding the Israeli government accountable for “the escalation against Palestinian people.”

Since Jan, 26 people, most of them Israelis, have been killed in a series of attacks carried out by Palestinians, and more than 200 Palestinians, including children and women, were killed by Israeli soldiers and settlers, according to official figures

Source: Nam News Network

Jordanian-Egyptian Higher Committee: An Emblem of Successful Arab Collaboration”

The Jordanian Ambassador to Egypt and the permanent delegate to the League of Arab States, Amjad Adayleh, articulated the profound and thriving relationship between Jordan and Egypt in an interview with the Egyptian Middle East News Agency. He lauded the leadership of both countries for fostering the significant growth and prosperity in their bilateral relations. Ahead of the 31st session of the Jordanian-Egyptian Higher Committee, chaired by the Prime Ministers of both nations, Adayleh highlighted the frequency of mutual diplomatic visits between the two countries as a testament to their mutual commitment to collaboration, vision sharing, and learning. The preparations for the 31st session started in Amman, featuring ministerial level technical meetings. Adayleh emphasized the session’s focus on enhancing cooperation across various sectors, including economy, trade, industry, investment, finance, and customs, transportation, health, food and medicine, agriculture, energy and mineral resources, tourism, communications, and the digital economy, among others. The session also sought to finalize several agreements being negotiated on the committee’s agenda, which comprised memorandums of understanding, joint cooperation programs, executive programs, and draft agreements. These are intended to build upon existing achievements and foster further cooperation between the two countries. Adayleh underscored the importance of following through with previously agreed memorandums and agreements and adapting them to sectoral developments and overcoming challenges. He also spoke to the relevance of identifying new areas of collaboration and exchange. Highlighting the breadth of sectors covered by the Jordanian-Egyptian agreements, Adayleh praised the continuity in the committee’s sessions for promoting the implementation and development of the agreed initiatives. Despite regional challenges and global crises since 2020, Adayleh noted that the two nations have consistently prioritized their joint collaborations, seeing them as effective means to mitigate the impact of such crises. Adayleh also expressed his satisfaction with the strength of the partnership between Jordan and Egypt, particularly in sectors such as energy, industry, transport, trade, and agriculture. He reported an increasing trend in trade between the two nations, with Jordanian exports to Egypt amounting to $46.1 million and imports from Egypt reaching approximately $229.3 million in the first quarter of 2023 alone. Egyptian investments in Jordan were also significant, estimated at around one billion dollars, primarily in finance, trade, services, and tourism sectors. The ambassador also recognized the substantial role of Egyptian expatriate labor in Jordan’s construction, agriculture, and mining sectors. In terms of education and culture, Adayleh pointed out that around 4,500 Jordanian students are studying in Egyptian universities, with a similar number of Egyptian students enrolled in Jordanian institutions. Adayleh also highlighted the tripartite integration between Jordan, Egypt, and Iraq, aimed at supporting and stabilizing Iraq while fostering prosperity. Furthermore, he noted the Higher Committee for the Integrated Industrial Partnership for Sustainable Economic Development, which includes Egypt, the UAE, Jordan, and Bahrain, as a promising model of multilateral Arab integration. Lastly, the ambassador accentuated the strong alignment between Jordan and Egypt on political issues, particularly the Palestinian question, emphasizing the persistent efforts of both countries to serve the Palestinian cause and alleviate the challenges faced by the Palestinian territories and the Gaza Strip.

Source: Jordan News Agency

Jordan Deploys Three RAF Aircraft to Aid in Cyprus Firefighting Efforts

In response to orders by His Majesty the King, the Ministry of Foreign Affairs and Expatriates on Saturday announced the dispatch of three Royal Jordanian Air Force (RAF) aircraft to aid in combating the severe wildfires in the city of Limassol in the Republic of Cyprus. The Kingdom has confirmed its commitment to extending assistance and support to all fraternal and friendly nations. This deployment is a testament to Jordan’s solidarity with the Republic of Cyprus during this challenging ordeal.

Source: Jordan News Agency

Int@j Association Hosts Insightful Workshop on IT Outsourcing Sector

the Information and Communication Technology Companies Association, recently held a comprehensive workshop focused on the optimum international strategies and practices within the realm of information technology outsourcing. A statement from the association revealed that the workshop, held on Saturday, was sponsored by the Minister of Digital Economy and Entrepreneurship, Ahmed Hanandeh. The session was delivered by the globally renowned Canadian consultant and outsourcing specialist, Olga Fragis. Hanandeh emphasized the notable advancements Jordanian companies have achieved in this significant field, which currently employs roughly 20,000 specialized individuals. He underscored Jordan’s tremendous potential to emerge as a major outsourcing hub, attributing this to a number of factors, most significantly the availability of creative talents. The strong infrastructure, a conducive legal framework, and supportive programs by the ministry, including “Youth, Technology, and Jobs” and “Jordan Source”, further contribute to this potential. Hanandeh shed light on the sector’s challenges, such as the significant skill gap in the digital realm and the pressing need to bridge this divide. He emphasized on the necessity of educational reforms to equip individuals straight out of school for this expanding sector. The Minister assured the government’s unwavering support to the sector, pledging necessary assistance to technology firms through various incentives aimed at strengthening the demand-supply dynamics in the labor market. Moataz Nabulsi, a board member of int@j and Chairman of the Outsourcing Sector Council, expressed confidence in Jordan’s outsourcing services sector, noting its consistent growth in the Kingdom. Nidal Bitar, CEO of int@j, recounted how the association initiated a mission years ago to position Jordan as a significant technological hub in the region. With substantial backing from all involved parties, including the German Agency for Development, they have achieved this objective. Bitar discussed the “Uni-Match” project, a collaboration with Education for Employment-Jordan (EFE-Jordan) and funded by the German Agency for International Cooperation (GIZ). The project aims to escalate exports from 10 Jordanian companies and create employment for 250 IT specialists. This is realized by building corporate capabilities, connecting them with clients in the Arab Gulf countries, Iraq, and the European Union, and providing specialized training based on market needs. Diana Hollmann, Head of the GIZ project promoting Micro, Small, and Medium Enterprises, acknowledged the support the German Development Agency extends to the IT sector in enhancing market access, finance, and talent. Canadian consultant Olga Fragis expressed her gratitude to the Production Association for the opportunity to contribute to the event, reinforcing Jordan’s promising talent pool and its prospective role in the outsourcing field. Israa Awajan, the chief of the project management unit at EFE-Jordan, shared that the organization operates within a global network, managed locally in several Middle East and North African countries, with support offices in the United States, Europe, and the United Arab Emirates. Since its establishment, the Foundation has successfully trained more than 23,000 youths, with women representing 70 percent of this figure.

Source: Jordan News Agency

National economy grew in its overall indicators in 2023-Data

Since beginning of 2023, the national economy has continued to overcome difficulties, realise recovery, and achieve growth in its overall indicators, according to recently released government data. Overall national economy indicators have been rising since beginning of 2023, as national exports soared during the first 5 months by 6.8%, recording JD3.415 million, the official figures showed. Moreover, number of visitors to the Kingdom during the past 7 months of 2023 achieved “record” levels, reaching 3.7 million tourists, marking an increase of 51.3%, compared to the same period last year. During the first half of 2023, tourism income grew by 59.4%, which reached about JD2.450 billion, compared to the same period last year, the data revealed. Also during the first half of 2023, foreign direct investment flows to the Kingdom increased by 47.6% to reach JD598 million, driven by improvement of investment paths and introduction of a set of reforms to improve Jordan’s business climate, foremost is the new Investment Environment Law. The data showed that new industrial investments of $850 million were also announced, which would contribute to providing 3,650 new job opportunities for the local workforce. Meanwhile, industrial exports are expected to reach about $1.2 billion, in “clear” confirmation that Jordan enjoys an “attractive and stimulating” investment environment.

Source: Jordan News Agency

Romanian Prime Minister Bids Farewell to Outgoing Jordanian Ambassador

Marcel Ciolacu, Prime Minister of Romania, has recently welcomed Jordanian Ambassador to Romania, Sufian Qudah, in a meeting marking the conclusion of his diplomatic duties in Romania. The Romanian Prime Minister used this occasion to reaffirm the depth of the long-standing relations between the two friendly nations, expressing a continued dedication to their fortification. Post the meeting, in an official tweet, the Prime Minister highlighted Jordan as one of Romania’s principal partners in the Middle East and North Africa region. He acknowledged the consistent progress in bilateral relations and emphasized that sustainable future development lies at the heart of shared projects between the two countries. He commended Ambassador Qudah’s efforts throughout his term as Jordan’s envoy to Romania. In response, Ambassador Qudah expressed his gratitude towards Prime Minister Ciolacu and Romanian officials for the continuous collaboration he had experienced during his tenure in Romania. He conveyed his best wishes for Romania and its people, hoping for their ongoing progress and prosperity.

Source: Jordan News Agency

PLO official urges international community to place Ben-Gvir’s party on terror lists

Hussein al-Sheikh, Secretary General of the Executive Committee of the Palestine Liberation Organization (PLO), called today on the international community and international organizations to place hard-right Israeli minister Itamar Ben Gvir’s party on terror lists due to the party’s history of inciting the killing of Palestinians. In a tweet, Al-Sheikh called for Israeli party Otzma Yehudit to be placed on international terrorist lists, amid reports that the settler terrorist who shot and killed a 19-year-old Palestinian yesterday in the village of Burqa, east of Ramallah, is a member of this party. According to Israeli reports, Elisha Yered, the main Israeli settler involved in the murder of Qusai Mu’tan, 19, is part of Netanyahu’s current government coalition, and until recently he served as spokesman for MK Limor Son-Har Melech, and was one of the loudest voices pressing for “wiping out” the Palestinian town of Huwwara last spring.

Source: En – Palestine news & Information Agency – WAFA