Vital Options International Honors the Legacy and Work of Its Founder Selma Schimmel with Free eBook, The Cancer Concierge®

Advocate for Cancer Patients Around the World Died Three Years Ago This Month

LOS ANGELES, May 2, 2017 /PRNewswire-USNewswire/ — Vital Options International (VOI) announced that in honor of Founder Selma Schimmel, who died three years ago this month, it has made available The Cancer Concierge® (, a free organizing eBook. The book, which is based on the system Schimmel used to manage her own cancer treatment, provides patients and their loved ones with strategies for minimizing the stress and chaos commonly associated with the cancer experience.

According to Dorothy Breininger (a.k.a. “Dorothy The Organizer”), a best-selling author and problem solver on the A&E show “Hoarders,” “The short and easy book is chockful of useful organizing tips and information I’ve gathered from my years of working closely with Selma.” 

Schimmel was diagnosed with breast cancer at 28. A genetic test later revealed she had the BRCA gene mutation, as her grandmother, mother, and sister, Debby Bitticks, who has committed herself to carrying on Schimmel’s work with VOI. Though she had a prophylactic oophorectomy, she was later diagnosed with ovarian cancer.

“In her 30+ years as a cancer patient she knew the importance of keeping the reports from doctors, hospitals, and medical providers in an organized system so that consultations and second opinions are facilitated,” says Bitticks, CEO, Vital Options International. Bitticks’ grandmother, mother, and sister all died in their 50s.

Drawing on her experience as a cancer patient, Schimmel became a tireless advocate for patients, caregivers, and physicians. She launched Vital Options, a cancer communications organization, in 1983. She later started The Group Room, a cancer talk call-in radio show, which eventually became a video-platform for featuring discussions with world leading cancer experts.

VOI recently partnered with healtheo360 ( in an effort to streamline packaging and distributing the latest information on research and treatment to patients. Reporting from the major medical conferences, such as ASCO, ESMO, ASH, and SABCS, heatheo360 provides interviews with key opinion leaders, doctors, and patients, which are videoed and disseminated through VOI and healtheo360’s extensive channels.

Dave Duplay founded healtheo360 in 2012 after his 32-year-old sister-in-law was diagnosed with late-stage breast cancer. “As my brother and his wife, most cancer families are so overwhelmed by the diagnosis they don’t know where to start. The Cancer Concierge®, however, will put them on the right track,” he says.

About Vital Options International
Vital Options International (VOI) is a 501 (c) (3) nonprofit cancer communication, education, and advocacy organization with a special mission: Generating global cancer conversations. Today, through its Advocacy in Action®, Vital Conversations, and Living With Cancer platforms, Vital Options International continues to lead the most meaningful panel discussions and engaging one-on-one interviews about clinical trials, treatment advances, psychosocial issues, and access to care – all the vital challenges faced by everyone in the global cancer community.

Contact: Judy Welage 
Welage Public Relations

SOURCE Vital Options

QA Graphics Wins Gold Hermes Creative Award

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QA Graphics, a full-service digital design company, is a recipient of a Gold Hermes Award in the Marketing Product category for their Dual Tank Whiskey Flask video. To view the video visit: The Hermes Creative Awards recognizes outstanding work in the marketing and design industry, with winners selected from over 6,000 entries worldwide.

QA Graphics has over a decade of experience in 3D design and animation. By working with QA Graphics, Discommon Goods gained a video to be used as a tool in their marketing efforts that showcases their unique product design. Demonstrating the complexity and every detail of the flask, down to the exploding view of it’s156-components. This project allowed QA Graphics 3D Design team to demonstrate their vast talents and values in quality.

The Hermes is an international competition, recognizing outstanding achievements by creative professionals involved in the concept, writing, and design, of traditional materials, programs, and emerging technologies. Winners are selected from 195 categories grouped under advertising, publications, marketing/branding, integrated marketing, public relations/communications, electronic media and pro bono. AMCP judges are industry professionals who look for companies and individuals whose talent exceeds a high standard of excellence and whose work serves as a benchmark for the industry.

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A list of Platinum and Gold Winners can be found on the MarCom Awards website at:

About QA Graphics – QA Graphics is a leader in the building automation and green building industries. The company specializes in HVAC graphic development services, system graphics, floor plan graphics, and Energy Efficiency Education Dashboards™ (EEEDs). These dashboards help organizations teach occupants about building performance and sustainability. The company also provides marketing solutions such as interactive applications, 3D design and animation, UX design, videos, and more. Visit to learn more.

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Tide Gauge Market size in terms of volume and value 2017-2027

The sea level is rising at a rapid rate since past few years. Two important factors are responsible for this unfortunate change: first is the melting of glaciers and ice sheets due to global warming. Second is thermal expansion of sea water when it warms. Due to this reason, it has become crucial to measure sea water level from time to time for the safety of the life of people. The Pacific tsunami warning system proved that many people could have been saved in Indian Ocean if timely and proper warnings to those people had been given. One of the important elements of these warning systems is real time sea level data from tide gauges. This is precisely the recent GLOSS (Global Sea Level Observing System) program’s implementation plan encourages coastal countries to upgrade their tide gauge networks.
A tide gauge is an instrument used to estimate changes in sea level with respect to that of datum. It consists of sensors which continuously measure the water level height relative to reference surface height closer to the geoid. The instrument has a pipe at the bottom which allows the entry of water and the electronic sensors record its height and transfer the measured data to the computer. Tide gauge is one of the important tools used to determine changes in mean sea level, extreme conditions and their co-relation with climate change, tidal computation, harbor applications and navigation. They can be also be used as a sea level hazards warning system.

Key Trends, Drivers, Restraints

The development of advanced and efficient technologies and increasing demand for precise and accurate nautical charts are main growth drivers for the global tide gauge market. The data collected from tide gauges is used by scientists for the measurement of global weather patterns, mean sea level water and changes in it. This data from tide gauges is mainly used for the study of global warming. Due to these trends, the global tide gauge market is expected to grow.

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In shipping and fishing industries, tide gauges find practical applications. A low or high tide level can act as a deciding factor in determining access to shallow bays and locations with bridges. Though many companies still rely on tide gauges of government agencies (such as NOAA), they have started installing their own tide gauges in ports. This is likely to affect the growth of the tide gauge market positively. Rapidly increasing exploration of new areas for oil and gas reserves is another key factor that drives the global tide gauge market. In developing countries, rise in maritime sector and growing demand for coastal zone, port and harbor management is likely to accelerate the growth of the tide gauge market.

In the tide gauge market, hydrographic charting has maximum demand as it allows safety of navigation and also helps in all other marine applications. Recently, new technologies have evolved in the tide gauge market which allow real time and remote tide information to be posted online to the tide sensors via wireless connections powered by solar energy.

Increasing risk of counterfeit products, strict government laws and regulations are key restraints for the tide gauge market. Also, high investment in research and development and higher costs of tide gauges are some other restraints to the global tide gauge market.

Market Segmentation

The global tide gauge market can be segmented on the basis of type and application.

On the basis of tide gauge type, the global tide gauge market is segmented into:

Kelvin Type Tide Gauge
Fuess Type Tide Gauge
GSI Type Tide Gauge
High Accuracy Automatic Tide Gauge
High Resolution Automatic Tide Gauge

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On the basis of tide gauge application, the global tide gauge market is segmented into:

Hydrographic Charting
Offshore Oil and gas
Coastal Engineering
Port and Harbor Management
Fishing Industries

Key participants

Examples of some of the market participants in the global tide gauge market identified across the value chain include:

Valeport Ltd
Geomatics USA, LLC

CEE Hydros The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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Analgesics Sales Market Top Companies Sales, Price, Revenue, Share and Outlook 2017-2022

Analgesics Sales Market Report provides an analytical assessment of the prime challenges faced by this Market currently and in the coming years, which helps Market participants in understanding the problems they may face while operating in this Market over a longer period of time. In this report, the Analgesics Sales Market value in 2016 and expected value by the end of 2022 along growth between 2016 and 2022 is mentioned. Various Analgesics Sales industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost and revenue.

The firms that are included in the Analgesics Sales Market report are Crown Pharmaceuticals, Perrigo Company, A&S Pharmaceutical Corp, LNK International, Medipaams India, SRS Pharmaceuticals….and others

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Various policies and news are also included in the Analgesics Sales Market report. This includes labour cost, depreciation cost, raw material cost and other costs. The production process is analysed with respect to various aspects like, manufacturing plant distribution, capacity, commercial production, R&D status, raw material source and technology source. By Product Analysis the Analgesics Sales Market is Segmented into Non-Steroidal Anti-Inflammatory Drug, Central Pain Killers and by End Users/Applications Analysis the Analgesics Sales Market is Segmented into Hospital, Pharmacy, Family

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Further in the Analgesics Sales Market research report, following points Production, Sales and Revenue, Supply and Consumption and other analysis are included along with in-depth study of each point. Production of the Analgesics Sales is analysed with respect to different regions, types and applications. Here, price analysis of various Analgesics Sales Market key players is also covered. Both, sales and revenue are studied for the different regions of the global Analgesics Sales Market. another major aspect, price, which plays important part in the revenue generation is also assessed in this section for the various regions. In continuation with sales, this section studies supply and consumption for the Analgesics Sales Market. This part also sheds light on the gap between supply and consumption. Apart from the aforementioned information, trade and distribution analysis for the Analgesics Sales Market, contact information of major manufacturers, suppliers and key consumers is also given. In continuation with this data sale price is for various types, applications and region is also included. Additionally, type wise and application wise consumption figures are also given.

Regions covered in the Analgesics Sales Market report include United States, China, Europe, Japan, Southeast Asia, India.

No. of Report Pages: 115

Price of Report (single User Licence): $ 4000

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Ashworth College Celebrates its 30th Anniversary

Ashworth College 30th Anniversary

Ashworth College 30th Anniversary

One thing I like about Ashworth is that it’s very flexible, it’s affordable and I can do it on my own time.

Ashworth College, a global leader in online education, celebrates its 30th anniversary this spring. The nationally accredited institution provides effective, affordable and flexible online career-focused education opportunities. Ashworth College is proud to have more than 300,000 alumni across the United States and around the world.

Ashworth College originated in 1987 as a family-owned school offering a single course in real estate appraisal. The popularity of the course meant the founders knew they had filled a widespread need for high quality, career-focused distance learning. Currently, Ashworth College offers more than 125 programs spanning online career certificate, associate degree, bachelor’s degree and master’s degree programs. Offerings are in high-demand fields including healthcare, business, technology, education, legal studies, creative services and trades. Ashworth’s mission and academic model is centered on removing obstacles for students – from where they are now to where they want to go – whether their goal is to finish high school, advance quickly in their career, or earn a college or post-graduate degree that’s affordable and can be completed on their terms.

As one of the most responsible models of education, Ashworth College delivers high student ROI and has a student satisfaction rate above 90 percent, with more than 90 percent of students reporting that they achieved their goals upon completing their studies.

“One thing I like about Ashworth is that it’s very flexible, it’s affordable and I can do it on my own time,” said Cecilia Occhieny, who graduated in 2015 with an Associate Degree in Early Childhood Education. “I work full-time and I’m a mother of 3 children and so it worked for me. My plan for the future is to open a kindergarten school and I have everything I need to open a school from Ashworth College.”

Ashworth College continues to build its online programs to fit an increasingly digitized student demographic while serving a sector of higher education that has grown dramatically since distance learning began in the 1800s. The progression of distance learning “delivery” has included the U.S. Postal Service, radio, television and the Internet, which enabled widespread online college programming. According to a 2015 report by the Online Learning Consortium, 5.8 million students take online courses in the United States alone, with 2.85 million taking all their courses at a distance and 2.97 million taking some, but not all, distance courses.

„Online college offerings have grown exponentially in the past three decades, and Ashworth College has become a leader in the field during this time” said Rob Klapper, CEO of Ashworth College. “We continue to increase our online course and degree options to fit the needs and aspirations of our impressive 21st century student population.”

In recognition of its 30th anniversary, Ashworth College has created a video highlighting the growth and success of online education, titled “30 Things to Know About Online Education and Distance Learning.”

About Ashworth College
Ashworth College is a nationally accredited institution that is committed to providing affordable and flexible online career-focused education opportunities. Over its 30-year history, Ashworth has graduated more than 300,000 students. Ashworth College is accredited by the Distance Education Accrediting Commission (DEAC). The Distance Education Accrediting Commission is listed by the U.S. Department of Education as a recognized accrediting agency. Ashworth College is devoted to providing students with a practical education so they can achieve their education and career goals on their terms.

For more information about Ashworth College or its programs, visit

Media Contact:
Melanie Durian
For Ashworth College
(720) 726-5446

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Full Body Scanners Global Market Trend, Research Approach, Data Analysis and Forecast to 2022


According to Publisher, the Global Full Body Scanners market is accounted for $0.68 billion in 2015 and expected to reach $7.82 billion by 2022 growing at a CAGR of 41.7% from 2015 to 2022. Huge R&D investments and increase in the use of full body scanners in various security services are some of the key factors favouring the market growth. Privacy issues violating human rights of individuals are hampering the market. In a global context the major part of the market is not yet tapped, thus manufacturers are investing heavily into research and development and vertical integration so as to come up with foster innovations and capitalize the growth opportunity. The market is witnessing its expansion phase with several mergers & acquisitions taking place between the manufacturers and the technology providers.
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Some of the key players in the market include ADANI (Belarus), Autoclear LLC, CST Digital, Communication Pty., Ltd., American Science and Engineering, Inc., Cyberware, Inc., Safran Morpho, MAS Security Solutions, Nuctech Co., Ltd., OSI Systems, Inc., ODSecurity, L-3 Security and Detections System, Westminster International Ltd., Braun and Co., Ltd., Digital Barriers PLC, Scan-X Security Ltd. and Shenzhen Liming Advanced Imaging Technologies Co., Ltd.

Technologies Covered:
– Millimeter Wave Scanners
– Back Scatter X-Ray
– 3D Body Scanners
– Active Scanners
– Passive Scanners
– Transmission Scanners

Applications Covered:
– Public Safety
– Urban Safety

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Regions Covered:
– North America
– Europe
Rest of Europe
– Asia Pacific
New Zealand
Rest of Asia Pacific
– Rest of the World
Middle East
South Africa

1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Full Body Scanners Market, By Technology
6 Global Full Body Scanners Market, By Application
7 Global Full Body Scanners Market, By Geography
8 Key Developments
9 Company Profiling
9.1 ADANI (Belarus)
9.2 Autoclear LLC
9.3 CST Digital Communication Pty., Ltd.
9.4 American Science and Engineering, Inc.
9.5 Cyberware, Inc.
9.6 Safran Morpho
9.7 MAS Security Solutions
9.8 Nuctech Co., Ltd.
9.9 OSI Systems, Inc.
9.10 ODSecurity
9.11 L-3 Security and Detections System
9.12 Westminster International Ltd.
9.13 Braun and Co., Ltd.
9.14 Digital Barriers PLC
9.15 Scan-X Security Ltd.
9.16 Shenzhen Liming Advanced Imaging Technologies Co., Ltd.

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Global Brandy Market Manufactures and Key Statistics Analysis 2017-2022

The report on Global Brandy Market is the latest addition to the huge database of This research study is segmented on the basis of applications, technology, geography, and types. The Report provides a detailed Brandy Industry overview along with the analysis of industry’s gross margin, cost structure, consumption value, and sale price. The leading companies of the Brandy Market, manufacturers, and distributors are profiled in the report along with the latest Industry development current and future trends.

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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Brandy in these regions, from 2012 to 2022 (forecast), covering North America, Europe, China, Japan, Southeast Asia, India.

Global Brandy market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Emperador, Gran Matador, McDowell’s No.1, Hennessy, Mansion House, Changyu, E & J Gallo, Honey Bee, Old Admiral, Men’s Club, Dreher, McDowell’s VSOP, Golden Grape.

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On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Brandy for each application, including Shop & Supermarket, Restaurant & Bar & Club, Exclusive Store, Other.

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Table of Contents – Snapshot
1 Market Overview
2 Global Market Competition by Manufacturers
3 Global Capacity, Production, Revenue (Value) by Region (2012-2017)
4 Global Supply (Production), Consumption, Export, Import by Region (2012-2017)
5 Global Production, Revenue (Value), Price Trend by Type
6 Global Market Analysis by Application
7 Global Manufacturers Profiles/Analysis
8 Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global Market Forecast (2017-2022)
13 Research Findings and Conclusion
14 Appendix

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Global Brandy Industry Report 2015

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Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise and meaningful data at a lightning speed.

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News Release Canarc Files NI 43-101 Technical Report For the Fondaway Canyon Property, Nevada, USA

VANCOUVER / ACCESSWIRE / May 2, 2017 / Canarc Resource Corp. (TSX: CCM, OTCQB: CRCUF, Frankfurt: CAN) announces that it has filed on SEDAR an updated, independent, technical report („technical report”) for the Fondaway Canyon property located in Churchill County, Nevada, USA.

Fondaway Canyon is an advanced stage gold exploration property located in Churchill County, Nevada, USA, part of an 11-property package acquired by Canarc in March 2017. The property includes 136 unpatented claims covering 900 hectares, and has a history of previous surface exploration and open pit gold mining in the late 1980’s and early 1990’s.

Canarc commissioned Techbase International of Reno, Nevada to complete a technical Report for the Fondaway Canyon Project. The updated resource estimate included in the technical report is shown in the table below.






(g/t) Au


(oz) Au












1 Resource based on cut-off of 1.8m horizontal width >= 3.43 g/t

2 Rounding differences may occur

1. CIM Definition Standards were followed for reporting the Mineral Resource estimates

2. Mineral Resources are reported on a dry, in-situ basis. A bulk density of 2.56 tonnes/m3 was applied for volume to tonnes conversion.

3. The reporting cutoff grade of 3.43 g/t was based on capital and operating costs for a similar project, the three-year trailing average Au price of $US 1,225/ oz Au , a metallurgical recovery of 90%, and an underground mining method suitable for steeply-dipping veins.

4. Mineral Resources are estimated from surface to approximately 400 m depth.

5. The quantity and grade of Inferred Resources in this estimate are uncertain in nature, there has been insufficient exploration to define these Inferred Resources as an Indicated or Measured Mineral Resource and it is uncertain if further exploration will result in upgrading them to an Indicated or Measured Mineral Resource category. Environmental, geotechnical, permitting, legal, title, taxation, socio‐political, marketing or other relevant issues could materially affect the mineral resource estimate.

The Resource Estimate was prepared by Michael Norred, SME Registered Member 2384950; President of Techbase International, Ltd (Techbase) of Reno, Nevada and Simon Henderson, MSc, MAusIMM CP 110883 (Geology); Consulting Geologist with Wairaka Rock Services Limited of Wellington, New Zealand, both independent Qualified Persons (QPs), as defined by NI 43-101. Garry Biles, P. Eng, President & COO of Canarc Resource Corp, is the Qualified Person who reviewed and approved the contents of this news release. Garry Biles is not independent of Canarc by the nature of his position with the company.

The current Mineral Resource estimate relates only to the eastern half of the 4000m east-west striking mineralized system, and does not include any estimates for near-surface, oxide mineralization. Significant exploration potential remains both in the eastern section, and relatively untested western zone.

Multiple exploration targets have been identified along favorable structural extensions that have potential to host additional significant gold resources. A 30-hole drill program, estimated to cost $2.0 million, has been recommended by Techbase International to explore these identified targets as well upgrade more of the resources into the indicated category.

With the support of two experienced Nevada based professional geologists, Canarc has begun a comprehensive review of Fondaway Canyon Project to evaluate the exploration potential and establish an exploration plan for 2017.

Mr. Catalin Chiloflischi, Canarc CEO, stated: „The timely completion of the updated resource estimate for Fondaway Canyon marks yet another important achievement. During 2017, the Company plans to advance its Nevada projects through additional exploration to test certain high priority drill targets for the potential of new discoveries. We are very excited about Canarc’s new opportunities in Nevada.”

Catalin Chiloflischi
Catalin Chiloflischi, CEO

About Canarc Resource Corp. – Canarc is a growth-oriented, gold exploration and mining Company listed on the TSX (CCM) and the OTCQB (CRCUF). The Company is currently focused on acquiring operating or pre-production stage gold-silver-copper mines or properties in the Americas and further advancing its gold properties in Nevada and BC.

For More Information – Please contact: 

Catalin Chiloflischi, CEO
Toll Free: 1-877-684-9700
Tel: (604) 685-9700
 Fax: (604) 685-9744

Email: [email protected] 

Cautionary Note Regarding Forward-Looking Statements

This news release contains „forward-looking statements” within the meaning of the United States private securities litigation reform act of 1995 and „forward-looking information” within the meaning of applicable Canadian securities legislation. Statements contained in this news release that are not historic facts are forward-looking information that involves known and unknown risks and uncertainties. Forward-looking statements in this news release include, but are not limited to, statements with respect to the future performance of Canarc, and the Company’s plans and exploration programs for its mineral properties, including the timing of such plans and programs. In certain cases, forward-looking statements can be identified by the use of words such as „plans”, „has proven”, „expects” or „does not expect”, „is expected”, „potential”, „appears”, „budget”, „scheduled”, „estimates”, „forecasts”, „at least”, „intends”, „anticipates” or „does not anticipate”, or „believes”, or variations of such words and phrases or state that certain actions, events or results „may”, „could”, „would”, „should”, „might” or „will be taken”, „occur” or „be achieved”.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, risks related to the uncertainties inherent in the estimation of mineral resources; commodity prices; changes in general economic conditions; market sentiment; currency exchange rates; the Company’s ability to continue as a going concern; the Company’s ability to raise funds through equity financings; risks inherent in mineral exploration; risks related to operations in foreign countries; future prices of metals; failure of equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals; government regulation of mining operations; environmental risks; title disputes or claims; limitations on insurance coverage and the timing and possible outcome of litigation. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, do not place undue reliance on forward-looking statements. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward-looking statements except as required under applicable securities laws.

SOURCE: Canarc Resource Corp.

The Islamic Corporation for the Development of the Private Sector (ICD), Tamkeen & Ibdar Launch USD$ 100 Million Bahrain SME Fund

The Islamic Corporation for the Development of the Private Sector (ICD), Tamkeen & Ibdar Launch USD$ 100 Million Bahrain SME Fund The Fund will target SME’s with high growth potential in consumer, industrial, ICT, education and healthcare sectors, as well as sectors experiencing dynamic change, or where there are clearly attractive investment opportunities MANAMA, Bahrain, May 2, 2017/APO/ — The Islamic Corporation for the Development of the Private Sector (ICD) (, the private sector arm of IDB Group, in partnership with Ibdar Bank, Bahrain-based wholesale Islamic Investment bank and Labour Fund “Tamkeen” as part of the investment committee has announced the launch of the Bahrain SME fund. The Bahrain SME Fund is a Shariah compliant mezzanine private equity Fund which will invest in Bahrain’s Small and Medium Enterprises (SME’s). The Fund will target SME’s with high growth potential in consumer, industrial, ICT, education and healthcare sectors, as well as sectors experiencing dynamic change, or where there are clearly attractive investment opportunities. Dr. Ebrahim Mohammed Janahi Chief Executive of Tamkeen commented: “Tamkeen continuously works on providing support solution to private sector enterprises throughout their developmental stages in order to make the private sector the key engine of the economic development in the Kingdom of Bahrain. we are pleased about this partnership with The Islamic Corporation for the Development of the Private Sector (ICD) and Ibdar Bank. Through this partnership we aim to provide further support to enterprises in the kingdom to achieve their highest potentials.” Mr. Khalid Al Aboudi, Chief Executive Officer of the ICD expressed: “ICD has put its mission statement into practice for the SMEs sector by engaging in innovative strategies and alliances that will serve to strengthen SMEs in Middle East and North Africa, thereby enhancing the impact of socio-economic development. We are pleased to partner with Ibdar Bank and Tamkeen to launch the Bahrain SME Fund. SME support is at the center of ICD’s strategy as we seek to develop the private sector as a vehicle for economic and social growth, and facilitate further prosperity in Islamic countries. The SME Funds Program, focusing on providing strategic advisory services, designing, developing, launching and managing investment vehicles with a successful track record, is also providing technical assistance to financial institutions and investee companies. The Program is not only supporting access to finance but also favoring inclusive growth with the provision of a comprehensive range of financial products and services with customized approach for each Member Country”. Commenting on the announcement, Mr. Ahmed Al-Rayes, Chief Investment Officer of Ibdar Bank said: “SMEs are the main drivers for growth and economic diversification and the backbone of any successful and sustainable economy and contribute significantly to the development and growth of efficiency, particularly to innovation, job generation, and international competitiveness. The creation of this Fund is aligned with the Bank’s mission to support Bahrain’s economic diversification through private sector growth which will spur innovation and job creation.” The Fund will add immense value to Bahrain as a tool for SME growth and development where 90% of Bahrain enterprises are SMEs and their contribution accounts for about 30% of the Kingdom’s GDP. Distributed by APO on behalf of Islamic Corporation for the Development of the Private Sector (ICD).

Media contact:
Senior Associate, Corporate Marketing & Communication
+966 12 646 8242

About Ibdar Bank:
Ibdar Bank is a Bahrain-based wholesale Islamic Investment bank regulated by the Central Bank of Bahrain and engaged in real estate, private equity, capital markets and investment advisory activities.
The Bank was formed in 2013 when three Bahrain-based Islamic banks, Elaf Bank, Capivest and Capital Management House, merged to become the 3rd largest Islamic Investment Bank in Bahrain. Since inception, the Bank has built a track record in the Aviation, Real Estate, Sukook and Asset Management sectors, and remains focused on providing superior Islamic Investment Banking services whilst operating to the highest standards of ethical and sharia banking practices. The Bank is a keen supported of the elevation of the Islamic Banking and Finance Industry as a whole, and the reinvigoration of the Kingdom of Bahrain as the global Islamic Banking hub. 

About ICD:
ICD is a multilateral organization and a member of the Islamic Development Bank (IDB) Group. The mandate of ICD is to support economic development and promote the development of the private sector in its member countries through providing financing facilities and/or investments which are in accordance with the principles of Sharia’a. ICD also provides advice to governments and private organizations to encourage the establishment, expansion and modernization of private enterprises. The SME Funds Program of ICD, managed by a dedicated team of experts, is supporting ICD’s SME development strategy across member countries. ICD is rated AA/F1+ by Fitch and Aa3/P1 by Moody’s. For more information, visit  

About Tamkeen:
Tamkeen is a semi-government organization in Bahrain established in 2006 under Law Number (57) as part of the country’s national reform initiatives, with the task of making the private sector as the key driver of sustainable economic development. 
Underpinned by 3 strategic pillars – enhancing quality, serving customers, and achieving results – the organization provides an integrated range of programs to create a solid foundation for a modern economy – such as SME financing, skills training, and entrepreneurship.
At the same time, these programs address key challenges facing Bahrainis and businesses in the private sector at various stages of their development – from start-ups to mature companies, and from students to senior executives. 
To date, Tamkeen’s programs have served more than 140,000 Bahrainis and businesses. More information available at