February 10, 2022

RAJANT AND SOLUTION PARTNERS SHOWCASE RELIABLE AND SECURE SMARTFIELD CONNECTIVITY AT EGYPS

Drones, Augmented Reality, and Personnel & Asset Tracking Features of Show Demos

Malvern, Pennsylvania (USA), Feb. 10, 2022 (GLOBE NEWSWIRE) — Rajant Corporation, the pioneer of Kinetic Mesh® wireless networks, and its technology partners will be attending EGYPS (Egypt Petroleum Show) in Cairo at the Egypt International Exhibition Center. .The event runs February 14th to 16th, with Rajant joining partners in Hall 2, Space F56. Presenting the reliable and secure collaborative solution for energy market IIoT connectivity will be AIRadio, Easy Aerial, and Kiber. Live smartfield-focused product demonstrations will be featured daily.

“Rajant understands what those in the oil and gas business need, and we have the product sitting on distributors’ shelves, ready for sale, unlike competitors who are struggling due to supply chain issues. Our wireless networking solutions are available worldwide through channel partners like AirRadio. Operating in hazardous environments places greater emphasis on the safety and security requirements while enabling continuous communications for a digitalized future-proof operation”, says Al Rivero, Rajant VP of Sales, Global Energy. “Rajant Kinetic Mesh maintains a secure, reliable, and resilient industrial wireless connection with uninterrupted low latency and high bandwidth. Comprehensive situational awareness is possible for technologies, such as drones, robots, and wearables, with continuous mobile communication enablement and tracking that is rapidly deployable, easy to maintain, and strengthened as the network expands.”

Highlighted at EGYPS will be Rajant’s industry-leading MeshTracer for personnel and asset tracking to advance site security and situational awareness. It can effectively report on Rajant BreadCrumbs, AeroScout tags, and any Wi-Fi device that uses a static MAC address. MeshTracer is the most effective mustering and tracking, incident management, and communications platform on the market today, which uses Real-Time Location System (RTLS) technology to identify people and assets across all zones and areas of an industrial IoT site. The system uses standardized communication protocols, allowing devices to exchange messages, define incidents, and monitor the flow of users throughout a physical environment.

Beyond oil and gas applications, Rajant has a 20-year successful track record for commercial deployments in such industries as mining, ports, heavy construction, and a non-commercial history for the military and public safety. Rajant pioneered fully mobile V2X/M2M and has a heritage of maintaining interoperability with existing BreadCrumb wireless nodes with new product releases. Notably, in 2021, Rajant introduced its fourth generation BreadCrumbs, known as Peregrine and Hawk, which have had the fastest transition to new sales in the company’s history.

Partner demonstrations and meetings at EGYPS include:

Easy Aerial – Drones

Whether monitoring infrastructure, assets, or events, Easy Aerial has an autonomous drone solution ready to go above and beyond in terms of ease-of-use, durability, and coverage. Its aircraft solution makes autonomous security easy. Deployments occur via a triggered sensor or as a planned mission to provide full HD and thermal views directly from the aircraft, allowing users to make smarter decisions faster.

Kiber – Augmented Reality Headset

Empowering the workforce through AR technology-based solutions, Kiber is making remote collaboration easy, safe, and efficient. The Kiber3 is a unique hardware and software fully integrated AR remote communication wearable solution allowing users to live-stream field activities to command operations. Situational awareness is dynamic and interactive for on-site workers to receive support while staying focused on their job with an all-in-one “hands-free” solution.

Find out more and schedule time to talk at EGYPS today. Or stop by our booth to see the latest BreadCrumbs in action.

About Rajant Corporation

Rajant Corporation is the broadband communications technology company that invented Kinetic Mesh® networking, BreadCrumb® wireless nodes, and InstaMesh® networking software. With Rajant, customers can rapidly deploy a highly adaptable and scalable network that leverages the power of real-time data to deliver on-demand, mission-critical business intelligence. A low-latency, high-throughput, and secure solution for a variety of data, voice, video, and autonomous applications, Rajant’s Kinetic Mesh networks provide industrial customers with full mobility, allowing them to take their private network applications and data anywhere. With successful deployments in more than 70 countries for customers in military, mining, ports, rail, oil & gas, petrochemical plants, municipalities, and agriculture. Rajant is headquartered in Malvern, Pennsylvania, with additional facilities and offices in Arizona and Kentucky. For more information, visit Rajant.com or follow Rajant on LinkedIn and Twitter.

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The Egypt Petroleum Show is North Africa and the Mediterranean’s most important O&G exhibition and conference

Alice DiSanto
Rajant Corporation
914-582-8464
adisanto@rajant.com

February 10, 2022

UAE’s Etisalat and Govt Stakeholders Agree to Resolve Outstanding Issues

The Government of Pakistan and Etisalat International, UAE have agreed on resolving all the outstanding issues between the telecommunication company of the United Arab Emirates (UAE) and the Privatization Commission in a spirit of goodwill.

The agreement was reached during a meeting between Federal Minister for Finance and Revenue Shaukat Tarin and CEO Etisalat International, Hatem Dowidar at the Finance Division on Thursday. Federal Minister for Privatization Muhammad Mian Soomro, Chairman Privatization Commission, Secretary Finance, and other senior officers attended the meeting.

Finance Minister Shaukat Tarin underscored the significance of resolving the outstanding issues between Etisalat and the Privatization Commission and moving ahead. He emphasized a fair evaluation of properties at the earliest. He also highlighted the prospects of foreign investment in Pakistan, especially in the IT and telecommunication sectors. The government is providing a conducive environment and incentives to attract foreign investment, he said.

The finance minister said UAE was one of the major economic partners of Pakistan. Pakistan attaches great value to the brotherly relations with UAE and intends to further strengthen business and trade linkages between the two countries, he stated.

Hatem Dowidar reaffirmed to complete the evaluation of properties soon. He expressed willingness to further invest in the IT and telecommunication sectors in Pakistan.

Source: Pro Pakistani

February 10, 2022

SBP Reserves Soar by $1.6 Billion

Foreign reserves held by the State Bank of Pakistan (SBP) witnessed substantial inflows of $1.609 billion in the fifth week of 2022 that ended on February 4, 2022.

The central bank’s weekly report released on Thursday revealed that the country’s total liquid foreign exchange reserves went up by $1.636 billion on February 4, 2022, to $23.7 billion, compared to $22.08 billion in the previous week. SBP’s reserves soared by $1.609 billion to $17.336 billion, compared to $15.72 billion on February 4.

Meanwhile, the net foreign reserves held by the commercial banks stood at $6.38 billion, depicting an increase of $27 million on a weekly basis.

According to the central bank, the increase in the reserve position is due to foreign inflows in the shape of $1.053 billion from the International Monetary Fund (IMF), and proceeds against the country’s international Sukuk issuance of $1 billion.

Meanwhile, the Pakistani Rupee (PKR) halted losses against the US Dollar on Thursday’s interbank close. It gained one paisa against the dollar, 25 paisas against the Pound Sterling (GBP), and held out against both the Saudi Riyal (SAR) and the UAE Dirham (AED).

Conversely, it lost 25 paisas against the Euro (EUR), 35 paisas against the Canadian Dollar (CAD), and 57 paisas against the Australian Dollar (AUD) in today’s interbank currency market.

Source: Pro Pakistani

February 10, 2022

KP Finance Minister briefs Tarin on performance of KP govt

Finance Minister Shaukat Tarin has assured the Khyber Pakhtunkhwa government of full support and cooperation of the Federal government to resolve the financial issues on priority basis.

He made this assurance in a meeting with Finance Minister, Khyber Pakhtunkhwa Taimur Saleem Khan Jhagra in Islamabad.

Taimur Saleem Khan Jhagra briefed him on performance of KP government.

Source: Radio Pakistan

February 10, 2022

CDWP Okays Karachi Circular Railway Project Worth Rs. 273 Billion

The Central Development Working Party (CDWP) on Thursday cleared the Karachi Circular Railway (KCR), worth Rs. 273 billion, as a modern urban railway project and referred it to the Executive Committee of the National Economic Council (ECNEC) for further consideration.

The CDWP meeting, chaired by Deputy Chairman Planning Commission, Dr. Jahanzeb Khan, was attended by the officials of Railways, representatives of the Sindh government, and other relevant stakeholders.

Briefing the committee, Secretary Railway said a 43km dual-track Urban Rail Mass Transit System would be constructed in three years on a public-private partnership (PPP) basis under the project. The main objective of the project, he said, was to provide reliable, safe, and eco-friendly public transport to the residences of the metropolitan city, Karachi.

He underlined that the project was expected to serve a daily ridership of 457,000 which would increase to one million a day by the end of the 33-year concession period. He said it would deploy the use of electric trains and would be operational round the week. Under the plan, 30 stations would be constructed along the corridor covering the most densely populated areas of Karachi, he added.

The meeting participants were informed that as per the route alignment, KCR commenced from the existing Karachi City Station, moved along the mainline of Pakistan Railway on Drigh Road Station, further going across Shahrah-e- Faisal and entering Gulistan-e- Johar, and Gulshan-e- Iqbal.

Furthermore, they were told, it passed through the older residential areas of North Nazimabad, Nazimabad leading to the SITE area and further to the Port, then reaching back to Karachi City Station.

The CDWP was apprised that the project was a part of the overall scheme for the improvement of transport infrastructure including road network, provision of mass transit facilities, and traffic management in Karachi.

The development of KCR as a modern urban mass transit system will add to the existing public transport facilities in Karachi which have fallen short to meet the incremental demand over the last few decades due to the non-availability of modern mass transit facilities and decline in the supply of large buses, while the city continues to expand.

During the meeting, Deputy Chairman Planning Commission noted that the implementation of the project was a challenge. “We need to invest in Railway as the federal government is committed to supporting so such the public interest projects,” he emphasized.

The CDWP also approved the Gujranwala Institute of Nuclear Medicine and Radiotherapy (Phase-II) with a revised cost of Rs. 3280.369 million and the project of Social Health Protection Initiatives, worth Rs. 3366.148 million, being executed by the Khyber Pakhtunkhwa government.

Source: Pro Pakistani

February 10, 2022

CDWP clears KCR as Modern Urban Railway project costing over Rs 270bn

The Central Development Working Party has cleared the Karachi Circular Railway as Modern Urban Railway project costing over 270 billion rupees.

The CDWP, which met in Islamabad today [Thursday] with Deputy Chairman Planning Commission Dr Jahanzeb Khan in the chair, referred the matter to the Executive Committee of the National Economic Council for further consideration.

Secretary Railway briefed the committee 43-kilometer dual track Urban Rail Mass Transit System will be constructed in three years on Public Private Partnership basis.

He informed that the project is expected to serve a daily ridership of 4,57,000 people. Under the plan, 30 stations would be constructed along the corridor covering the most densely populated areas of Karachi.

The committee also approved second phase of Gujranwala Institute of Nuclear Medicine and Radiotherapy at a cost of 3,280.369 million rupees and Social Health Protection Initiatives, executed by KP government worth 3366.148 million rupees.

Source: Radio Pakistan