Arch Reinsurance Ltd. Announces Completion of Restructuring of Gulf Reinsurance Ltd.

Arch Reinsurance Ltd. (Arch) announced today that its acquisition of Gulf Reinsurance Ltd. (Gulf Re), a specialty reinsurer based in the Dubai International Financial Centre, has been completed. Gulf Re was founded jointly by Arch and the Gulf Investment Corporation (GIC) in 2008. In 2014, Arch and the GIC signed an agreement whereby Arch would acquire 100% ownership of Gulf Re. The agreement provides that, among other things, Arch will acquire all of Gulf Re Holdings Limited (Gulf Holdings), which is the parent of Gulf Re, through a reduction in the share capital of Gulf Holdings and Archs purchase of 50% of Gulf Holdings from the GIC.

MKU Introduces New Breakthrough Trauma Reduction Technology for Helmets at IDEX 2015

MKU, a leading manufacturer of armour solutions for personnel and platforms, is showcasing the pathbreaking new RHT Technology for helmets that offers Double Protection to soldiers. It protects soldiers from bullets and fragments, reducing the resultant trauma occurring from the impact of bullets and fragments on the helmet shell by over 40% (as compared to standard helmets) according to tests conducted by HP White Laboratory, USA.

Warid Telecom First to Offer Businesses and Consumers in Pakistan 4G Small Cell Systems To Deliver Reliable Mobile Coverage and Capacity

SpiderCloud Wireless, Inc., the leading provider of scalable small cell systems, today announced that Warid Telecom, a 4G mobile operator in Pakistan, has started deployments of scalable small cell systems from SpiderCloud Wireless, with Emtel Communications as the system integrator, to empower business and consumer customers in major cities of Pakistan with reliable indoor and public space 4G mobile coverage and capacity.