Velodyne Lidar, Inc. today announced a partnership with University of Nevada, Reno to advance research in transportation infrastructure. The university’s Nevada Center for Applied Research purchased and, in conjunction with the Nevada DOT and Nevada Governor’s Office of Economic Development, is using Velodyne’s lidar sensors in its Intelligent Mobility initiative to collect data aimed at making transportation more efficient, sustainable and safe. The program has integrated Velodyne Ultra Puck lidar sensors with traffic signals to detect, count and track pedestrians, cyclists and traffic to help improve traffic analytics, congestion management and pedestrian safety. These lidar sensors have been placed at crossing signs and intersections in the city of Reno, Nevada, and because lidar used today does not allow for facial recognition, these smart city applications can preserve trust and anonymity among the public. “Lidar-enhanced” roads can also communicate data to connected vehicles to support eco-drive and collision avoidance applications.......

Muscat: The Minister of Education in Oman has issued a decision (139/2020) regarding the postponement of the start of the 2020/2021 academic year to August 30 from previously decided August 16.

Dr. Madiha bint Ahmed Al-Shaibania, Minister of Education, issued a Ministerial Resolution No. (139/2020) regarding the start of the 2020/2021 academic year.

The first article of the"...

Muscat: Majid Al Futtaim has announced a new opening date for Mall of Oman. The mall is now scheduled to open its doors to customers in September 2021.

The revised opening schedule has been put in place to ensure that Mall of Oman’s tenant partners are best placed, with ample time, support, and resources, to prepare their new stores adequately. This will enable them to deliver the quality of service they and Majid Al Futtaim are renowned for.

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Muscat: The Business Development of ASYAD, in partnership with the concerned agencies in the Sultanate, has collaborated with Indian Agro-food authorities to facilitate the import of fruits and vegetables for traders and importers in the Sultanate.

Recently, 26-tonne shipment of mango was imported from India’s Uttar Pradesh, located 1,500km from the Indian ports with a total trip time of 8 days from Indian farms to the Port of Sohar. It should"...

Muscat: The Special Economic Zone Authority at Duqm announced the establishment of a higher education college in the Special Economic Zone at Duqm, in partnership with Iskan Oman Investment Company (Iskan investment) and Middle East Education Venture LLC (MEEV). The first academic year will be 2021-2022.

The new college will be the core of the university city project that Iskan Oman is planning to establish in a phased manner in the Special Economic"...

Oman Real Estate Investment Fund – the first Real Estate Investment Fund (REIF / REIT) in the Sultanate – says it is committed to distributing its maiden dividend in October in line with a pledge that it made as part of its public offering earlier this year.

Aman REIF, which was listed on the Muscat Securities Market (MSM) on March 15, 2020, just before the pandemic began to roil the local economy, had promised to distribute 90 per cent"...

Oman Ministry of Housing has transferred a total of 1,514 land plots and real estate properties in the name of its citizens over the last two years starting from November 2018 in different governorates across the sultanate, reported ONA.

The move comes ollowing a royal decree which bans non-Omanis' ownership of land plots and properties in certain areas.

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• Forecasts by Western Union and Oxford Economics project the value of international, cross-border trade in services rising from $6.1trn in 2019 to $8.0trn by 2025 – a 31% increase in value

• Amongst developed economies, USA, France, and UK set to see largest increase in value of cross-border trade in services by 2025

• Adoption of new technology and digitization of working practices likely to further fuel post-pandemic economic recovery and growth of cross-border trade in services

• Trade policy liberalization could see an...

For the third straight year, Moody’s Analytics has won the Risk Technology Awards for Credit Data Provider of the Year and Wholesale Credit Modelling Software of the Year. These are two of our seven 2020 Risk Technology Awards spanning finance, accounting, regulatory, and credit functions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200812005119/en/ “Our clients rely on Moody’s Analytics for a fast and comprehensive view of their credit risk exposure,” said Nihil Patel, Managing Director at Moody’s Analytics. “The pandemic has accelerated their need to consider multiple forward-looking signals to assess credit risk. We continue to invest—in more asset class coverage, in alternative data sources, in machine learning that produces new analytics and insights—to ensure that our clients have all the information they need to address their most pressing business needs.” Extensive credit data and modeling capabilities feature in a number of Moody’s Analytics......

Boehringer Ingelheim today announced that the first patient has enrolled in InPedILD™, a global Phase III trial assessing the dosing and safety profile of nintedanib in children and adolescents between six and 17 years old with clinically significant fibrosing interstitial lung disease (ILD).

Childhood ILD (chILD) includes more than 200 rare respiratory disorders that can affect infants, children and adolescents, making it difficult for them to"...