ROSEN, GLOBALLY RECOGNIZED INVESTOR COUNSEL, Encourages Cloopen Group Holding Limited Investors with Losses Exceeding $100K to Secure Counsel Before Important February 8 Deadline in Securities Class Action – RAAS

NEW YORK, Feb. 05, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cloopen Group Holding Limited (NYSE: RAAS): (i) pursuant and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the Company’s February 2021 initial public offering (the “IPO”); and/or (ii) between February 9, 2021 and May 10, 2021, inclusive (the “Class Period”), of the important February 8, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Cloopen securities 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 Cloopen class action, go to http://www.rosenlegal.com/cases-register-2223.html 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 February 8, 2022. 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, the Registration Statement was false and misleading and defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Cloopen’s growth strategy was not working; (2) Cloopen’s existing customers were abandoning the Company; (3) an increasing number of Cloopen’s customers were refusing to pay; (4) as a result, the Company was forced to record massive increases in its accounts receivables and allowance for doubtful accounts; (5) Cloopen was weighed down by huge liabilities related to the fair value of certain recently-granted warrants; (6) defendants continued to misrepresent the Company’s expansion strategy; and (7) Cloopen’s dollar-based net retention rate had tumbled in 4Q 2020. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Cloopen class action, go to http://www.rosenlegal.com/cases-register-2223.html 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

‫لتسريع التحوّل الرقمي للشركة… “الشركة الوطنية للتأمين على الحياة والتأمين العام” تعقد شراكة مع “4i Apps”

تشيناي, 6 فبراير / شباط 2022 /PRNewswire/ —  الشركة الوطنية للتأمين على الحياة والتأمين العام، ش.م.ع.ع (NLG) هي شركة تأمين رائدة في منطقة الشرق الأوسط وأكبر شركة تأمين في سلطنة عمان (من حيث إجمالي أقساط التأمين المُكتتبة)، وتمتلك الشركة أكثر من 190 منفذًا مخصّصًا لمبيعات وخدمات بوالص التأمين في السلطنة. وبالإضافة إلى مقرَها الرئيسي في سلطنة عمان، تمتلك الشركة فروعًا في دبي، وأبوظبي، والكويت.

NLG & 4i - Oracle Fusion Cloud Implementation, Go-Live Success Meet

 خلال السنوات الماضية كانت شركة NLG تستخدم أنظمة المحاسبة التقليدية لإدارة أعمالها. ولصعوبة الاستمرار في استخدام هذه الأنظمة التقليدية في الوقت الحالي، سعت الشركة إلى تبني إستراتيجية للتحوّل الرقمي واستكشاف إمكانية دمج أنظمتها الأساسية في منصّة واحدة لتحسين الكفاءة التشغيلية. وبعد إجراء تقييم دقيق للتطبيقات الرقمية المتاحة في السوق، قرّرت الشركة استخدام تطبيقات “Oracle Fusion“. ولإدماج هذه التطبيقات في أنظمتها المالية، قرّرت شركة NLG إقامة شراكة إستراتيجية مع شركة 4i Apps لكونها شركة موثوقة في المنطقة وتتمتع بخبرة واسعة في تقديم خدمات الحوسبة السحابية.

 ويُعدّ نظام “Oracle Fusion” السحابي لتخطيط موارد المؤسسات “ERP” (Oracle Fusion Cloud ERP) نظامًا متكامًلا يُتيح للمؤسسات -من خلال منصة سحابية واحدة- إدارة أنشطة أعمالها اليومية، مثل المحاسبة، والمشتريات، وإدارة المشروعات بطريقة ذكية ومبتكرة، وإدارة الموارد البشرية، وكشوف المرتبات. يتمّ تحديث تطبيقات “Oracle Fusion” كل ثلاثة أشهر؛ وهو ما يُتيح للمستخدمين الحصول بشكل فوري على المئات من الميزات الجديدة.

4i Apps Logo

وفي تعليقه على هذه الشراكة الجديدة، قال السيد/ فينكاتشالام، الرئيس التنفيذي لشركة NLG: «نحن نسعى لتنفيذ إستراتيجية قوية للتحوّل الرقمي، ويُعدّ استخدامنا لنظام “ Oracle ERP ” إنجازًا مهمًا سيساعدنا على تعزيز عملياتنا المالية.  وسنواصل جهودنا في تنفيذ إستراتيجيتنا حتى يعمل النظام الإداري لشركتنا بأكبر قدر ممكن من الكفاءة والفعالية».

وأضاف: «يُشكّل نظام “Oracle ERP” في الوقت الحالي الركيزة الأساسية للعمليات المالية لشركة NLG، وسيُسهم هذا النظام الفعّال في تحسين معايير خدمات الشركة».

 وفي 26 يناير 2022، احتفل فريق شركة NLG مع فريق شركة 4i Apps ببدء استخدام نظام “Oracle Fusion“. وتُخطّط شركة NLG لاستخدام كل من نظام Oracle لإدارة الأداء المؤسسي (Oracle Enterprise Performance Management) ووحدة Bolton المخصّصة لإدارة الخطط الاستثمارية (Bolton Investment Module) في المرحلة الثانية من خطتها للتحوّل الرقمي.

ومن جانبه، قال السيد/ رافيسانكر، مدير عمليات شركة 4i Apps في منطقة الشرق الأوسط: «نحن فخورون جدًا بتعاوننا مع شركة NLG، كما نثق بأنّ نظام “Oracle Fusion” سيُسهم بدرجة كبيرة في تسريع نمو أعمالها، ونتمنى لإدارة الشركة التوفيق والنجاح».

تُعدّ شركة 4i Apps  أسرع شركاء Oracle  نموًا. وقد قدّمت شركة 4i Apps  خدمات Oracle  للحوسبة السحابية لأكثر من  500 مؤسسة على مستوى العالم. تعمل الشركة في منطقة الشرق الأوسط منذ أكثر من 13 عامًا، وتُعدّ الشريك المفضل للعديد من مؤسسات القطاعين العام والخاصّ العاملة في هذه المنطقة. تمتلك الشركة 10 فروع حول العالم، ويعمل لديها أكثر من 450 خبيرًا في تطبيقات Oracle  للحوسبة السحابية.

بيانات الاتصال:

البريد الإلكتروني: sales@4iapps.com

الموقع الإلكتروني:  https://www.4iapps.com/

 بريمكوما آر – هاتف رقم: 4520 957 58 971+

ثانيجافيال – هاتف رقم: 529989126 971+

رابط الصورة:https://mma.prnewswire.com/media/1740400/NLG_4i_Go_Live_Success_Meet.jpg

رابط شعار شركة 4i Appshttps://mma.prnewswire.com/media/1580213/4i_Apps_Logo.jpg

‫شبكة تلفزيون الصين الدولية (CGTN): الصين وروسيا تتعهدان بتحويل الثقة المتبادلة إلى تعاون في مختلف المجالات

بكين، 5 فبراير 2022 /PRNewswire/ — تحتفل الصين بالعام الصيني الجديد وتحت نظرة عالمية حيث تستضيف دورة الألعاب الأولمبية الشتوية، كما أن العلاقات الصينية الروسية في دائرة الضوء حيث قام الرئيس الروسي فلاديمير بوتين بزيارة الى بكين يوم الجمعة.

وبعد مرور حوالي ثلاثة أعوام على زيارة بوتين الأخيرة للصين، ستشهد زيارته المرتقبة للصين الاجتماع الـ38 بينه وبين الرئيس الصيني شي جين بينغ منذ عام 2013.

وقد تعهد الرئيسان خلال الاجتماع بتحويل الثقة المتبادلة بين البلدين إلى تعاون في جميع المجالات.

الحفاظ على الاتصالات الوثيقة

صرح الرئيس شي إنهم وعدوا بالاجتماع مرة أخرى في بكين بعد ثماني سنوات، في إشارة إلى حضوره حفل افتتاح دورة الألعاب الأولمبية الشتوية لعام 2014 في سوتشي بدعوة من بوتين.

وذكر الرئيس شيء قائلًا “زيارتكم هذه المرة تفي بوعدنا”، مضيفًا أنه يأمل يؤدي الاجتماع الذي سيعقد في بداية الربيع إلى مزيدًا من الحيوية في العلاقات الصينية الروسية.

يقع التقويم “ليتشون”، الأول من بين 24 فترة شمسية على التقويم القمري الصيني، في 4 فبراير من هذا العام ويعتبر بداية الربيع.

وقد صرح الرئيس بوتين أن تبادل الزيارات في الأولمبياد هو رمز وتقليد جيد للعلاقات الوثيقة بين رئيسي البلدين.

وصرح قائلًا: “إن جائحة كوفيد-19 لم يمنعني من الحفاظ على تبادلات وثيقة مع الرئيس شي بطرق مختلفة”.

وعقب المحادثات، أقام الرئيس شي مأدبة عشاء على شرف الرئيس بوتين وحضر الزعيمان حفل افتتاح أولمبياد بكين الشتوية.

تعزيز التعاون العملي الشامل 

ستعزز الصين وروسيا شراكتهما الإستراتيجية في مجال الطاقة، كما ستعززان بشكل مطرد مشاريع التعاون الرئيسية في مجال النفط والغاز، والتعاون في الابتكار العلمي والتكنولوجي في المجالات الحدودية مثل الذكاء الاصطناعي، وإنترنت الأشياء، ومشروع محطة أبحاث القمر الدولية، وفقًا لما جاء على لسان الرئيس شي.

كما سلط الرئيس الصيني الضوء على تعزيز التعاون الثنائي في السلع والخدمات والزراعة والتجارة الخضراء والطب والصحة والاقتصاد الرقمي.

وقد صرح الرئيس بوتين بأن روسيا مستعدة لتعميق التعاون مع الصين في مجالات الاقتصاد والتجارة والطاقة والعلوم والتكنولوجيا والتمويل والنقل.

في غضون ذلك، اتفق الزعيمان على الإعلان المشترك عن سنوات التبادلات الرياضية بين الصين وروسيا.

كما وقع البلدان سلسلة من وثائق التعاون في المجالات الرئيسية.

تعزيز التنسيق في الشؤون الدولية

شدد الرئيس شي على التزام الصين وروسيا بتعميق التنسيق الاستراتيجي المتعاقب في مواجهة التغيرات العميقة والمعقدة في الوضع الدولي، وسلط الضوء على أهمية تعزيز التنسيق مع روسيا في إطار منظمة شانغهاي للتعاون (Shanghai Cooperation Organisation) وبريكس (BRICS).

وفي إشارة إلى البيان المشترك حول العلاقات الدولية في الحقبة الجديدة والتنمية المستدامة العالمية الصادر في الاجتماع، صرح الرئيس بوتين إنه يعكس الموقف الثابت للغاية لروسيا والصين بشأن القضايا الدولية الرئيسية.

واستطرد قائلًا أن روسيا مستعدة لزيادة تعزيز الاتصال الاستراتيجي والتنسيق مع الصين، ودعم بعضنا البعض بحزم في حماية السيادة وسلامة الأراضي، والتمسك بقوة بالدور التنسيقي المركزي للأمم المتحدة.

https://news.cgtn.com/news/2022-02-04/Chinese-Russian-presidents-meet-in-Beijing-17nr7lbqo0w/index.html

الفيديو – https://www.youtube.com/watch?v=IvGCcFnunR4

IAEA launches drive to bridge big global gap in cancer care

VIENNA, The International Atomic Energy Agency (IAEA) launched a plan to tackle a severe shortage of cancer care capacity in many poorer countries, with an initial focus on Africa where people often die from the disease because they lack access to potentially life-saving nuclear medicine and radiotherapy.

Stressing that time is of the essence in addressing a growing global cancer crisis, Director General Rafael Mariano Grossi announced the IAEA’s ”Rays of Hope” initiative on the eve of an African heads of state summit in the Ethiopian capital Addis Ababa. Of the African Union’s 55 members, more than 20 nations do not have a single radiotherapy machine.

“Millions of people living in less developed countries are dying from cancer that is often treatable and curable. We have a moral duty to do our utmost to turn this sad situation around,” he said.

Held on World Cancer Day, the launch event was co-hosted by Senegal’s President Macky Sall, the incoming Chairperson of the African Union, and Didier Mazenga, Minister of Regional Integration of the Democratic Republic of Congo, speaking on behalf of President Félix Antoine Tshisekedi Tshilombo, the current Chairperson. Chairperson Moussa Faki Mahamat of the African Union Commission (AUC) addressed the event, which was also attended by Malawi’s President Lazarus Chakwera.

Adding further weight to the initiative, Director General Grossi issued a joint statement with Director General Tedros Adhanom Ghebreyesus of the World Health Organization (WHO), saying cancer treatment remains inaccessible in many parts of the world and that “the disparity is particularly acute” in Africa.

“Together, and with Rays of Hope adding new impetus, the IAEA and WHO remain committed to upscaling their long-standing close collaboration toward common goals, closing the cancer care inequity gaps and accelerating progress toward the achievement of the 2030 UN Agenda for Sustainable Development,” the joint statement said.

The total number of cancer deaths worldwide is forecast to rise by 60 percent in the coming two decades, to 16 million people every year, with the low- and middle-income countries – in Africa and elsewhere – suffering the brunt of this global health tragedy with mortality rates far above those in wealthier regions.

Rays of Hope builds on the IAEA’s six decades of experience and expertise in nuclear science to diagnose and treat different types of tumours. It aims to mobilize financial resources and partners and to galvanize political will to step up the fight against a scourge killing many who could have been successfully treated with modern medical technology.

It will seek to promote cancer care for all by improving availability of radiotherapy services, medical imaging and nuclear medicine that are critical for detecting and curing this disease. This would not only avoid countless deaths – 700,000 people succumbed to cancer in Africa alone in 2020 – but also provide significant societal and economic benefits.

“Rays of Hope offers a way forward to remedy the global disparity in cancer care, with concrete projects that set up or expand the required infrastructure, procure radiotherapy equipment, and train personnel,” the IAEA’s Grossi told the audience of African leaders and senior government officials. “It will allow us to save many lives and support communities and economies that depend on the health of their people.”

Over 70 percent of cancer deaths are expected to occur in low- and middle-income countries, which still receive only five percent of global spending in this area. In Africa, cancer kills at least as many people as malaria each year. Adding to the challenges, the COVID-19 pandemic caused a large drop in nuclear medicine procedures in Africa.

“This silent pandemic gets only a negligible share of the funding available elsewhere and for other diseases. That is why the IAEA’s Rays of Hope starts in Africa and then moves to developing countries in the rest of the world,” Director General Grossi said. “Together, we can do something important to deal with the cancer crisis in Africa and elsewhere.”

Stark differences in cancer survival rates between rich and poor countries underline both the urgent needs and the huge potential to save more lives. For cervical as well as childhood cancers, seven out of ten patients survive in high-income countries compared with three or less in Africa.

Closing the gap in imaging, treatment and quality of care could avert 2.5 million African cancer deaths, according to a 2021 Lancet Oncology Commission report co-authored by the IAEA. The economic gains are equally clear: for every $1 spent with this objective, the return on investment is calculated at $21 over patients’ average lifetimes, the report says.

IAEA assistance over the past several decades has enabled dozens of countries to establish or strengthen safe, secure and effective radiation medicine capabilities. But more resources are necessary to bridge a persistent and enormous shortfall in necessary equipment and skilled personnel in many parts of the world.

Rays of Hope will establish a coalition of partners and donors from government, the private sector and the wider international community, working closely also with the WHO. Several countries have already expressed their intention to support the initiative.

Even relatively small investments – setting up and operating a radiotherapy unit able to treat 500 patients per year can cost US$7.5 million – will make a significant difference in a country’s capacity to offer adequate cancer care to its people. Half of all cancer patients need radiotherapy, a ratio that goes up in countries where cancer is often detected late.

In the initiative’s first stage, Director General Grossi said implementation would start immediately in the following seven countries: Benin, Chad, Democratic Republic of Congo, Niger, Malawi, Kenya, and Senegal.

Source: Emirates News Agency

Mansour bin Zayed approves Regulations of Civil Marriage and Divorce Law for Foreigners in Emirate of Abu Dhabi

ABU DHABI, H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs, and Chairman of the Abu Dhabi Judicial Department (ADJD), issued Decision No. 8 of 2022 approving the Regulations for the implementation of the Civil Marriage and Divorce Law No. 14 of 2020 in the Emirate of Abu Dhabi.

Youssef Saeed Al Abri, Undersecretary of Abu Dhabi Judicial Department, said that the regulations encompass all the details about the organisation of legal proceedings under the Civil Marriage and Divorce Law in the Emirate of Abu Dhabi. It is a law that introduces a modern and advanced concept of civil family law for foreigners in line with international best practices.

The regulations, he explained, span 52 articles dealing with the jurisdiction of the Civil Family Court, which has been established in the emirate, to decide on claims and disputes related to civil marriage and its effects, such as civil divorce, joint custody of children, financial rights arising out of divorce, wills, civil inheritance, proof of parentage, adoption, and other foreign nationals’ personal status issues.

The second chapter of the Decision deals with civil marriage procedures and the conditions for its conclusion, the most important of which is the absence of the requirement for a tutor or guardian for the wife and the absence of the provision of witnesses, in addition to the possibility of concluding civil marriage contracts for tourists and individuals residing outside the emirate or outside the country, a service that is provided by the emirate exclusively in the region.

The third chapter covers civil divorce procedures or what is known as “no fault divorce”, based on the equal right of both spouses to initiate a divorce without prejudice to the wife’s financial rights in connection with the divorce, from the first hearing without the need to prove prejudice or justify the reasons for separation, thus making it possible to complete the procedures easily and swiftly to reduce quarrels and discord between the spouses, especially if the couple has children.

Article 13 of the Decision deals with the procedures for filing the civil divorce application. It stipulates that the applicant must fill out the bilingual application form prepared for this purpose without the need for the assistance of a lawyer. The defendant may challenge the court’s jurisdiction only, without any other defence on the merits, no later than ten working days before the date of the hearing scheduled for the pronouncement of divorce. The court renders the divorce decision at the first hearing after 30 days from the date of approval of the application.

Articles 15, 16 and 17 set out the financial rights resulting from civil divorce and the discretionary power of the court. It requires one spouse to pay a lump sum amount as compensation to the other party after divorce and the accounting criteria on which the court relies, such as the number of years of marriage, the age of the spouses and the extent to which one of them contributed to the breakdown of the marital relationship, the material or moral damage suffered by any party or a previous or subsequent loss of profit.

The fourth chapter deals with the joint custody of children granted systematically on an equal basis to the father and mother. It details the method of alternating and dispatching joint custody between the parents, either weekly, fortnightly, or monthly, how to oppose it if there are grounds for doing so, or to request the relinquishment of custody or the exclusion of the partner from joint custody, whether it is legal or real custody or both.

The regulations stipulate in Article 33 the cases of exclusion of the father or mother and the forfeiture of his or her right to joint custody, either temporarily or permanently, if one of the cases that are detrimental to the interests of the child is realised, and indicate how to request the intervention of the court in the absence of an agreement on a decision relating to the child after the divorce and the organisation of the child’s travel during the period of joint custody.

The fifth chapter details the special rules for the consideration of civil family matters as its procedures differ from those provided for in the Civil Procedure Law, and the case is brought directly before the court for determination at the first hearing without going through the Family Guidance procedure. The court proceedings have the particularity of being bilingual, both in court forms and in oral proceedings. The court has the discretion to conduct court proceedings in English if both parties to the proceedings are not familiar with Arabic, provided that the claim form and judgment are filed in Arabic and English.

Finally, the sixth chapter, addresses appeal proceedings against judgments and enforcement proceedings, as the judgment rendered by the court is final and enforceable at once following its issuance if the amount adjudicated is less than AED500,000, in cases of alimony and post-divorce financial rights proceedings.

Source: Emirates News Agency

SEDD launches 3rd edition of Women Entrepreneurs Booklet

SHARJAH, The Sharjah Economic Development Department (SEDD) has issued the third edition of the Women Entrepreneurs Booklet in the Emirate of Sharjah.

This role comes as a translation of the directives of H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, to support, rehabilitate and empower women and provide them with the opportunity to contribute to the comprehensive and sustainable economic development process.

The booklet includes 4 main topics containing the department’s efforts, in cooperation with its strategic partners, to enhance the contribution of Emirati women to the process of sustainable economic development and support their entry into the labour market as an important and indispensable human resource.

In this context, the department affirmed its keenness to support the role of women and empower women entrepreneurs, as part of its strategic plan in activating and supporting the role of women.

Since its establishment, it has been an incubator for them and their creativity to diversify and lead the local economy, improve the quality of life and develop society through small and medium enterprises of various kinds.

Source: Emirates News Agency