ROSEN, LEADING TRIAL ATTORNEYS, Encourages Plug Power Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PLUG

NEW YORK, May 25, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Plug Power Inc. (NASDAQ: PLUG) between August 9, 2022 and March 1, 2023, both dates inclusive (the “Class Period”) of the important June 12, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Plug Power common stock during the Class Period 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 Plug Power class action, go to https://rosenlegal.com/submit-form/?case_id=1011 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 June 12, 2023. 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 litigate 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: The lawsuit alleges that, throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts, about Plug’s business and operations. Specifically, defendants misrepresented and/or failed to disclose that Plug was unable to effectively manage its supply chain and product manufacturing, resulting in reduced revenues and margins, increased inventory levels, and several large deals being delayed until at least 2023, among other issues. As a result, defendants’ statements about Plug Power’s business, operations, prospects, and ability to effectively manage its supply chain and production lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Plug Power class action, go to https://rosenlegal.com/submit-form/?case_id=1011 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.

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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

GlobeNewswire Distribution ID 8846734

UAE, Poland discuss ways of enhancing financial and economic cooperation

ABU DHABI, 26th May, 2023 (WAM) — Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, met with Magdalena Rzeczkowska, Minister of Finance of the Republic of Poland, and her accompanying delegation at the Ministry’s headquarters in Abu Dhabi. The meeting sought to discuss current economic developments and future prospects, as well as ways of enhancing financial and economic cooperation between the UAE and Poland. Al Hussaini emphasised the significance of this meeting, which serves as a vital opportunity to further strengthen bilateral relations between the UAE and the Republic of Poland in the fields of economy, finance and investment, among others. He said, “The UAE is keen to consolidate economic and financial ties and partnerships with the Republic of Poland and expand areas of cooperation to include key areas of common interest. Our cooperation will contribute to advancing our economies and consolidating our bilateral relations.” The meeting included the signing ceremony of the UAE-Poland joint statement, which aims to consolidate cooperation between both countries and exchange knowledge, experiences and best practices in the field of tax policy. These practices include digital reporting requirements, big data analysis, machine learning, means of supporting research and innovation, and in addition to deploying new technologies in the public sector such as artificial intelligence (AI). The meeting also included a presentation on the UAE federal government bonds and a review of the investment landscape of the Republic of Poland. The UAE is one of Poland’s largest trading partners in the region, as the volume of non-oil intra-trade between both countries amounted to about AED3 billion during the first half of 2022, achieving a growth of 22%, compared to the same period in 2021. Additionally, the volume of non-oil intra-trade between the two countries amounted to about AED5.3 billion during 2021, achieving a growth of 12% compared to 2020. From the UAE Ministry of Finance, the meeting was attended by Younis Haji Al Khoori, Undersecretary of Ministry of Finance; Hamad Al Zaabi, Director of the Office of the Minister of State for Financial Affairs; Thuraya Al Hashemi, Director of the International Tax Department at the Ministry of Finance; and Joanna Declercq Zelechowska, Advisor at the Ministry of Finance. The delegation accompanying the Polish Minister of Finance included Pawe Siwek, Director of the International Cooperation Department at the Finance Ministry; Jacek Buda, Charge d’affaires a.i. of the Republic of Poland; and Bartosz Andrzejewski, Senior Expert at the Polish Ministry of Finance.

Source: Emirates News Agency (WAM)

Jordan’s legislature condemns attack on Jordanian envoy’s residence in Khartoum

The Parliamentary Foreign Affairs Committee in Jordan’s Lower House Friday condemned the attack and vandalism of the Jordanian ambassador’s residence in Sudan’s Khartoum. In a statement, the Committee noted the need to uphold the rules of international law and relevant international conventions, especially the Vienna Convention, following an attack on the Jordanian ambassador’s residence in troubled Khartoum. The envoy and his family were not present in their house at the time of the attack. The President of the Committee, MP Khaldoun Hina, denounced “all forms” of violence and vandalism, especially those attacks against diplomats and diplomatic missions.

Source: Jordan News Agency

Health Ministry offers investment opportunities in health sector

The provision of health services in all its fields is no longer confined to the government sector only, but the private sector has become an active participant in it.

Investment in the health sector is considered one of the most important pillars of the national economy in many countries of the world, especially with the increasing population growth, and the accompanying continuous increase in spending on health services.

The investment opportunities include projects to equip the Center for Cardiac Diseases , Surgery and Cardiac Catheterization at a cost of three million, 487 thousand and 680 dollars.

Equipping the Center for Diseases and Surgery of the Digestive System and Liver Transplant at a cost of three million dollars, and equipping the Center for Kidney Transplantation and Urology at a cost of two million, 869 thousand and 825 dollars.

Equipping the neurosurgery center at a cost of two million dollars, equipping the center for orthopedic surgery and joint transplantation at a cost of one million 362 thousand and 715 dollars, and equipping the pediatric surgery center at a cost of 671 thousand and 650 dollars.

Public Health and Population Ministry held several meetings with investors and the leadership of the Chamber of Commerce and Industry in Amanat Al-Asimah in the framework of strengthening cooperation between the Ministry and the private sector and adopting such effective investment projects to advance the health sector, improve services provided to citizens and limit travel for treatment abroad.

Minister of Health, Dr. Taha Al-Mutawakel, affirmed the ministry’s keenness to integrate with the private sector and open a new door to achieving economic and investment development in the country.

He pointed out that health ministry has completed the matrix of investment projects offered to the private sector in various investment formats, in accordance with the latest international practices.

In turn, the Chairman of the Board of Directors of the Chamber of Commerce and Industry in the Municipality, Hassan Al-Kabous, affirmed the private sector’s readiness to invest in the proposed investment map projects, expressing the private sector’s welcome to invest in the pharmaceutical and medical field of all kinds.

While a number of investors expressed their hope that the Ministry of Health and the relevant authorities would take the initiative to study the obstacles facing investors in the health sector, work to overcome them, facilitate procedures, provide incentives and facilities.

And they considered offering seven opportunities for health projects to invest in as evidence that there is a vision, will and determination by the leadership of the Ministry of Health to improve the health situation and find opportunities that touch the concerns and aspirations of patients to limit travel for treatment abroad.

Al-Mutawakel has achieved many achievements, whether in infrastructure, rehabilitation of hospitals, improvement of medical services, or in combating epidemics and diseases, rehabilitation, training, provision of medical devices, equipment, the opening of many hospitals and health centers that were closed.

Source: Yemen News Agency

Electricity Ministry: Restore government electricity supply to 6,000 houses

The Ministry of Electricity and Energy implemented today, Friday, a campaign to control the violating commercial electrical stations within the framework of the Capital Municipality.

Electricity and Energy Minister, Dr. Muhammad Ahmed Al-Bukhaiti, confirmed in a statement to the Yemeni News Agency (Saba) the continuation of the campaign to arrest violators of the pricing approved and announced by the Ministry of Electricity, and to replace the electric current with a government one.

He pointed out that the campaign to control the violating stations comes based on the judicial rulings issued by the Prosecution of Industry and Commerce against the violating stations in the interest of citizens, and not to expose them to the greed of private station dealers.

While the directors of electricity for the second region, Yahya Al-Saraji, and the third, Abdul Rahman Zaid, indicated that the campaign that was implemented today included the neighborhoods and lanes of Beit Muayad area, and Street 16.

Al-Saraji and Zaid noted the interaction of citizens with the campaign implemented by the Ministry of Electricity represented by the General Electricity Corporation and its affiliated regions, through their response to the Ministry’s campaign aimed at correcting the status of private commercial stations in accordance with the regulations and laws regulating that.

Source: Yemen News Agency

KSA Emphasizes Importance of Developing Innovation and Adopting Policies Stimulating Use of Science and Technology

Saudi Arabia participated in the first ministerial meeting of the Science, Technology, and Innovation Forum of the Organization of Islamic Cooperation (OIC), which was held virtually today, in Almaty, Kazakhstan, chaired by the Minister of Science and Higher Education, Sayasat Nurbek, and the participation of several senior officials from the OIC members countries.

The Kingdom’s delegation was headed by the President of King Abdulaziz City for Science and Technology, who supervises the team establishing the Research, Development, and Innovation Development Authority, Dr. Munir bin Mahmoud El-Desouki, who highlighted the Kingdom’s celebration of its second space mission to the International Space Station to conduct 14 scientific experiments to serve humanity.

Dr. El-Desouki stressed that this historic event establishes a new era for science, technology, and innovation in the Kingdom, whose objectives were formed mid-last year with the announcement of HRH, the Crown Prince of the Kingdom’s aspirations and national priorities for the research, development, and innovation sector, in which the Kingdom committed itself to spend 2.5% of its GDP on the sector by 2040.

He said: “We see the early stages of this ambition, and its indicators have begun to appear, as the Kingdom advanced 15 ranks in the Global Innovation Index in 2022, and winning prizes and first ranks in international competitions has become an annual habit for the Kingdom’s students and talents, including winning 27 awards at the Regeneron International Science and Engineering Fair (ISEF) 2023 conference as the second country in the world in terms of the number of awards.”

Dr. El-Desouki expressed hope that the forum would be an opportunity to exchange knowledge and experiences among the OIC members, stressing the Kingdom’s readiness represented by the Research, Development, and Innovation Development Authority to explore and activate prospects for this cooperation to serve all citizens of all Muslim countries, and to draw an honorable image that reflects the status of Arabs and Muslims in science and technology.

During the meeting, the participants discussed the importance of harnessing the technologies of the fourth industrial revolution in the OIC member states to improve their readiness for artificial intelligence, exchanging specialists in this field, and sharing data. They also approved the Forum’s objectives, governance, and technical committees, including new technologies, health and medicine, food security, water, climate change, environmental challenges, education, technology incubators, and science parks.

The Forum’s idea started in 2017 as a dialogue and consultative platform among the leading OIC countries in science, technology, and innovation to discuss ways to boost innovation in the OIC countries and adopt science and technology to serve development goals

Source: Saudi Press Agency