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BestGrowthStocks.Com Issues Comprehensive Analysis of Maxeon Solar Technologies

Maxeon Solar Technologies Ltd

NEW YORK, NY / NewsDirect / July 9th, 2024 / Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issued a comprehensive analysis of Maxeon Solar Technologies, Ltd., a global leader in solar innovation and channels Maxeon Solar Technologies (NASDAQ: MAXN) has garnered significant investor attention following several strategic developments and innovations. These include the introduction of the latest high-efficiency solar panels and advanced technologies showcased at industry-leading events like Intersolar Europe 2024. Best Growth Stock's full report includes a comprehensive analysis of Maxeon's operations, potential catalysts, current short interest, potential growth drivers, financials, fully diluted share structure, chart setup with support and resistance zones, and more. Access this full analysis with no obligation: https://bestgrowthstocks.com/access-maxn-analysis/ Access this full analysis with no obligation: https://bestgrowthstocks.com/access-maxn-analysis/ About Maxeon Solar Technologies Maxeon Solar Technologies (NASDAQ: MAXN) is Powering Positive Change™. Headquartered in Singapore, Maxeon leverages over 35 years of solar energy leadership and over 1,900 patents to design innovative and sustainably made solar panels and energy solutions for residential, commercial, and power plant customers. Maxeon's integrated home energy management is a flexible ecosystem of products and services, built around the award-winning Maxeon® and SunPower® branded solar panels. With a network of more than 1,700 trusted partners and distributors, and more than one million customers worldwide, the Company is a global leader in solar. About Best Growth Stocks Best Growth Stocks is a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing our exclusive ai-assisted research. BGS is also a financial news provider, focused on giving investors direct access to CEOs of promising, publicly-traded companies, and market experts. Our CEO interviews aim to answer the questions that rest on the minds of current and future shareholders. This is not to be construed as financial advice. Please consult with a licensed financial advisor before making any investment decisions. Media Contact Best Growth Stocks Senior Editor: Steve Macalbry Editor@BestGrowthStocks.com SOURCE: BestGrowthStocks.Com Contact Details BestGrowthStocks.Com Steve Macalbry +1 989-274-7778 editor@bestgrowthstocks.com

July 09, 2024 07:00 AM Eastern Daylight Time

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Flash Appoints Chris Donus as President

Flash Parking

Flash, the leading end-to-end parking technology platform, today announced that Chris Donus, the current CFO, has been appointed president of the organization. In the newly established role, Donus will expand his focus on day-to-day operations, working closely with the leadership team to execute transformative strategies that include the expansion of Flash’s burgeoning digital demand network, EV charging and parking platform scale, and driving the company’s regionalized branch organization to deliver unmatched partner experiences. Dan Sharplin will continue in his role as Chairman and CEO, focusing on international growth, strategic transactions, and ecosystem partnerships. “This promotion reflects Chris’s exceptional leadership and expertise at this time of tremendous momentum for Flash as we rapidly scale our industry-leading parking and EV charging digital ecosystem," said Flash CEO Dan Sharplin. “In the next 24 months, we anticipate more transformation in the parking industry than we’ve seen in several decades prior. Chris has the relevant experience to ensure we execute on our priorities that allow us to drive this industry transformation.” “We are building a parking and EV charging ecosystem where a seamless driver experience benefits everyone,” said Donus. “There is an incredible amount of innovation and hard work being done across Flash to build the platform and partnerships that further our position as the leader in parking and EV Charging technology. I look forward to ensuring the value we create is incomparable in my role as President of Flash.” Before Flash, Donus served as COO and CFO at Wheel Health, a venture-backed telehealth platform developer designed to connect companies and clinicians to deliver virtual care. He also served in senior leadership roles at Lyft as VP and Business Unit leader of Express Drive, the customer-facing fleet line of business, generating over $400 million in rental revenue and over $2 billion in Lyft rides. Prior to that, he was president of Silvercar from 2015 to 2018 alongside roles as COO, from 2017 to 2018, and CFO from 2012 to 2015. He has also served in leadership roles at Freescale Semiconductor, Hertz Global Holding, and Lucent Technologies. About Flash Flash is a pioneering technology company bringing seamless parking and EV charging experiences to drivers through a first-of-its-kind digital ecosystem. Flash’s platform connects reservable parking and charging in the apps drivers use every day with garage, surface lot, event, and valet parking locations—connected and controlled via a cloud-based operating system with unrivaled intelligence. Customer-obsessed brands partner with Flash to deliver digital, easy-to-use, reliable, and increasingly frictionless experiences to drivers eager to pay for a solution that eliminates wasted time, excess emissions, and stress. The solution has arrived. Contact Details Razor Sharp PR Ray Young +1 512-694-6097 ray@razorsharppr.com Company Website https://www.flashparking.com/

June 27, 2024 10:00 AM Central Daylight Time

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What's Trending Now - Summer Must-Haves

News Media Group, Inc.

Contact Details News Media Group, Inc. Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

June 27, 2024 07:00 AM Eastern Daylight Time

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Rack Room Shoes Announces Dr. Heinz-Horst Deichmann Scholarship Program Winners

Rack Room Shoes

Rack Room Shoes recently held its annual Dr. Heinz-Horst Deichmann Scholarship Program in partnership with Scholarship America. This program is exclusively for Rack Room Shoes associates, selecting five students who receive a $2,000 renewable scholarship to support their educational goals. The scholarship recipients for the 2024-2025 academic year are: Marwan Abdelgawad – Sr. Sales Associate – Store #618, Morrisville, N.C. Bessie Brown – Sales Associate – Store #376, Ashland, Ky. Diego Martinez – Assistant Store Manager 2nd – Store #3069, Murfreesboro, Tenn. Kayla Rickman – Assistant Store Manager Lead – Store #499, Concord, N.C. Tara Shivji – Sr. Sales Associate – Store #73, Knoxville, Tenn. The exceptional individuals have demonstrated their dedication, commitment and leadership in both their academic studies and their communities. By investing in these young scholars' education, Rack Room Shoes aims to empower and support their valued associates’ personal and professional development. "Investing in the next generation of talent is essential," said Mark Lardie, president and chief executive officer of Rack Room Shoes. "Congratulations to our scholarship winners and their commitment to furthering their education, we're excited to see what the future holds for these bright minds.” Additionally, scholarship winners from the previous year were renewed for another year of scholarship support, bringing the total to 10 scholarship recipients awarded for the 2024-2025 school year. Through initiatives like the Dr. Heinz-Horst Deichmann Scholarship Program, Rack Room Shoes remains committed to fostering a positive work environment and providing opportunities for the growth and success of its associates. About Rack Room Shoes Headquartered in Charlotte, N.C., Rack Room Shoes is known as an innovator in the shoe industry for over 100 years. Rack Room Shoes operates more than 520 locations nationwide under the Rack Room Shoes and Off Broadway Shoe Warehouse brands. Both brands offer a great variety of on-trend styles for women, men and children in athletic, comfort and dress categories, while providing a delightful and trusted shopping experience for our valued customers. Through Rack Room Shoes Gives, our ongoing philanthropic program, we provide ways in which customers and employees can seek support for charitable organizations, instilling trust and inspiration in the communities we serve. Contact Details Rack Room Shoes Dejah Gilliam +1 704-501-4567 dejah.gilliam@rackroom.com Brenda Christmon +1 704-491-1850 brenda.christmon@rackroom.com

June 26, 2024 09:00 AM Eastern Daylight Time

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iLearningEngines - This AI-Powered Learning SaaS Company Has Amazing Retention

Benzinga

By Johnny Rice, Benzinga Balakrishnan A.P., president and CEO of iLearningEngines (NASDAQ: AILE), was recently a guest on Benzinga’s All-Access. iLearningEngines is an Applied AI platform for learning & work automation. It is one of the fastest-growing technology companies in North America. AI can help revolutionize learning in big and small organizations, and iLearningEngines is proving that. The company has grown rapidly, with a nearly 50% average CAGR over the last 5 years. It has done this by consistently delivering a product customers are satisfied with, leading to a retention rate that well exceeds the industry standard. Learn more here: Featured photo by NASA on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

June 26, 2024 08:30 AM Eastern Daylight Time

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FuelRod Launches Free Battery Swaps at Austin-Bergstrom International Airport

Fuel Rod

FuelRod, a leading provider of portable power solutions, today announced an exclusive promotion sponsored by Austin-Bergstrom International Airport (AUS). This groundbreaking initiative, which runs through November 30, allows travelers at AUS to swap their depleted FuelRod chargers for fresh ones at no cost. This marks the first promotion of its kind at any airport, highlighting FuelRod’s commitment to ensuring travelers have reliable access to power and a stress-free travel experience. Travelers passing through AUS can now enjoy the convenience of swapping their depleted FuelRods for fully charged ones up to 10 times per month, free of charge. This hassle-free process can be completed at any of the several FuelRod kiosks throughout the airport by simply selecting the “swap” button, entering a phone number, and exchanging the used rod for a fresh one. Phone numbers are collected to track the 10-use limit. For travelers who prefer not to provide a phone number, the standard swap fee of $1 applies. Austin-Bergstrom International Airport is the first airport to offer such a promotion, setting a new standard for passenger comfort and convenience. This collaboration with FuelRod reflects a shared commitment to keeping travelers charged and connected by ensuring a reliable portable power source for their devices. FuelRod aims for this promotion to inspire similar initiatives nationwide, bringing sustainable charging solutions to travelers across the country. “We are extremely proud of our partnership with Austin-Bergstrom International Airport and their support of our vision for easily accessible, eco-friendly charging for travelers on the go,” said Joe Yeagley, FuelRod Co-founder. “AUS, as the first airport to sponsor the FuelRod “Swap” service, exemplifies Texas hospitality and demonstrates their commitment to providing an elevated experience for their passengers.” About FuelRod FuelRod is a California-based company specializing in portable power solutions. The developer of the FuelRod kit, the first reusable, portable charging system, FuelRod allows you to charge your mobile device on the go and then recharge or swap it for a fresh one. With a growing network of kiosks nationwide, FuelRod ensures your devices stay powered virtually wherever you go. Learn more at fuel-rod.com. Contact Details Razor Sharp PR Ray Young +1 512-694-6097 ray@razorsharppr.com Company Website https://www.fuel-rod.com/

June 20, 2024 09:00 AM Central Daylight Time

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Classiq Collaborates with BMW Group and NVIDIA to Drive Quantum Computing Applicability in Electrical Systems Engineering

Classiq Technologies

Classiq today announced a collaboration with NVIDIA and the BMW Group to optimize mechatronic systems, marking a significant advance in the sophistication of quantum computing implementation in the automotive sector. The initiative is focused on solving a complex computational challenge to find the optimal architecture of electrical and mechanical systems. This problem involves defining the optimal combination of components, from electrical engines and batteries to coolers, and how these should be connected. The goal of this project is to enhance efficiency and reduce energy waste, which can result – among other things – in the increased efficiency of electric vehicles. Classiq’s sophisticated approach demonstrated how cutting-edge quantum algorithms may be used to address the problem, including the Quantum Approximate Optimization Algorithm (QAOA) and the Harrow-Hassidim-Lloyd (HHL) algorithm. The latter of these approaches leverages amplitude and digital encoding to efficiently solve and convert complex linear equations, utilizing a novel Quantum Analog to Digital Conversion (QADC) process. The project resulted in the BMW Group’s quantum experts creating a highly sophisticated quantum program, with many quantum sub-routines, among the most complex quantum programs implemented to date. The implementation was enabled by the advanced modeling and compilation capabilities of the Classiq platform. The large and complex quantum circuit implementation was simulated using NVIDIA GPUs and the powerful NVIDIA CUDA-Q platform. “Our collaboration with Classiq and NVIDIA has enabled an innovative quantum implementation that pushes the boundaries of what is possible in the application to automotive technologies,” said Lukas Mueller, Lead Future Compute at BMW Group IT. “NVIDIA’s quantum stack has been instrumental in simulating this complex algorithm, facilitating its detailed testing and refinement.” “This project exemplifies the power of collaboration in the quantum computing sphere. By bringing together the best of quantum hardware, software and automotive domain expertise, we have achieved groundbreaking advancements in a remarkably short time,” said Nir Minerbi, CEO of Classiq Technologies. “Quantum computing, which has the potential to transform society, will require accelerated computing with extreme performance for users to take full advantage of its value,” said Tim Costa, director of HPC and quantum computing at NVIDIA. “NVIDIA’s collaboration with innovators such as the BMW Group and Classiq is pushing the boundaries of quantum simulation and helping to usher in an era of useful quantum computing.” Quantum computing is still a nascent technology, and further effort is required to bring the developed solution to industrial applicability. Classiq and its collaborators continue to develop the interface between automotive technology and quantum computing by expanding the boundaries of quantum design, implementation, and computation. About Classiq Classiq Technologies, the leading quantum software company, provides an all-encompassing platform (IDE, compiler and OS) with a single point of entry into quantum computing, taking you from algorithm design to execution. The high-level descriptive quantum software development environment, tailored to all levels of developer proficiency, automates quantum programming. This ensures that a broad range of talents, including those with backgrounds in AI, ML and linear algebra, can harness quantum computing without requiring deep, specialized knowledge of quantum physics. Classiq democratizes access to quantum computing and equips its users to take full advantage of the quantum computing revolution, including access to a broad range of quantum hardware. Classiq’s core technology, algorithmic quantum circuit compilation, is engineered to power the quantum ecosystem of today and the future. Classiq works closely with quantum cloud providers and advanced computation hardware developers providing software for use with quantum computers, HPC and quantum simulators. Backed by investors such as HPE, HSBC, Samsung, Intesa Sanpaolo and NTT, Classiq’s world-class team of scientists and engineers has distilled decades of quantum expertise into its groundbreaking quantum engine. Follow Classiq on LinkedIn, X (formerly Twitter) or YouTube, and visit the Slack community and https://www.classiq.io to learn more. Contact Details Rainier Communications Michelle McMahon mmcmahon@rainierco.com Company Website http://www.classiq.io/

June 20, 2024 08:00 AM Eastern Daylight Time

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تزامناً مع احتفالها بمرور عقدين على التأسيس الكلية الملكية للجراحين في أيرلندا – جامعة البحرين الطبية تعلن عن توسعة حرمها الجامعي بقيمة 45 مليون دولار أميركي

RCSI Medical University of Bahrain

أعلنت الكلية الملكية للجراحين في إيرلندا (RCSI)– جامعة البحرين الطبية عن خططها لتوسعة حرمها الجامعي وذلك عبر مشروع استراتيجي بقيمة 45 مليون دولار أميركي، والذي يأتي تزامناً مع احتفالها بمرور عقدين على تأسيسها في مملكة البحرين. ويأتي ذلك تماشياً مع الالتزام الراسخ للجامعة بالمساهمة في تحسين الصحة البشرية وتقديم الرعاية للمرضى وتحقيق رفاهية المجتمع، إذ تمكنت الجامعة من الاستمرار في تحقيق العديد من الإنجازات المهمة منذ إنشائها، حيث وضعت البحوث المبتكرة في صميم خدماتها من خلال كلية الدراسات العليا والبحث مع التركيز على البحوث السريرية متعددة التخصصات والتي تركز على المريض، فضلاً عن المساهمة بدورها في معالجة التحديات الصحية الوطنية والإقليمية والعالمية الرئيسية. وكانت جامعة البحرين الطبية قد وقعت مؤخراً اتفاقاً مع شركة ناس لإنشاء مشروع توسعة الحرم الجامعي، والذي سيتضمن مباني أكاديمية جديدة تم تصميمها لتلبية الاحتياجات المتزايدة للتعليم الطبي المتقدم ومرافق الأبحاث مع إضافة 7912متر مربع من المساحات للاستخدام. كما ويضم المشروع مرافق تعليمية ومختبرات بحثية متطورة، ومكتبة حديثة ومساحات للمناسبات الاجتماعية وقاعة فعاليات واسعة، إذ يؤكد المشروع على الالتزام تجاه تحقيق الاستدامة البيئية من خلال تبني خيارات المواصلات منخفضة الكربون عبر إتاحته مواقف مهيأة للدراجات الهوائية، ومحطات شحن السيارات الكهربائية. وعلاوة على ذلك، سيشمل التصميم ميزات موفرة للطاقة مثل الألواح الشمسية وإضاءة LED وأنظمة الحفاظ على المياه، مع التركيز على دمج ممارسات الحد من الحرارة من خلال دمج النباتات المحلية والمساحات الخضراء في المناظر الطبيعية. وفي تصريح للبروفيسور سمير العتوم رئيس جامعة البحرين الطبية بهذه المناسبة قال فيه: "نود أن نعبر عن اعتزازنا بما تم تحقيقه من إنجازات وذلك مع حلول الذكرى العشرين لتأسيسنا في البحرين، فنحن نفخر بكوننا نشكل شبكة متنوعة تضم أكثر من 3000 خريج ومتخصص في الرعاية الصحية من 56 جنسية تضم 459 طبيبًا و1321 ممرض في البحرين، وهو ما ساهم بشكل كبير في تعزيز نظام الرعاية الصحية الشامل في البحرين". وأضاف البروفيسور سمير العتوم: "يعتبر مشروع توسعة الحرم الجامعي المخطط له انعكاساً لتوجه الكلية نحو تبني قيم الاستدامة والالتزام بتوفير بيئة مثالية لأعضاء هيئة التدريس والطلاب وتطوير برامج جديدة، وهو ما يتواكب مع رؤية مملكة البحرين نحو ترسيخ المملكة كمركز إقليمي رائد للرعاية الصحية والتعليم، إلى جانب الاستفادة مما تحظى به البحرين من قوة عاملة موهوبة للغاية ومجتمع متسامح وأسلوب حياة استثنائي". ومن جانبه قال السيد منذر المداوي المدير التنفيذي لإدارة تطوير الأعمال (قطاع الرعاية الصحية والتعليم والسياحة) بمجلس التنمية الاقتصادية في البحرين: "نعمل في مجلس التنمية الاقتصادية على توفير الدعم للمستثمرين في مختلف المراحل من تجربتهم وحتى ما بعد تأسيس أعمالهم في المملكة، حيث استمرت الكلية الملكية للجراحين في أيرلندا بريادتها في تعليم الرعاية الصحية منذ إنشائها في عام 1784، ونحن نعتز بنجاحات الجامعة في البحرين وبتاريخها الحافل في دعم الابتكار وذلك على مدى 20 عاماً. ونتطلع إلى أن نشهد تطوير مشروع توسعة الحرم الجامعي المستدام، والذي سيضيف قيمة إلى تنوع أنظمة التعليم والرعاية الصحية المتطورة في البحرين، والتي تهدف إلى توفير الخدمات ذات الجودة العالية بالتواكب مع أرقى الممارسات العالمية." وأشارت برايس ووتر هاوس كوبرز " PwC" في تقرير شامل حول المساهمة الاقتصادية الوطنية إلى أن تأثير جامعة البحرين الطبية على الاقتصاد الوطني للبحرين يبلغ سنوياً 91 مليون دولار أميركي، وتشمل هذه المساهمة التي جرى قياسها جوانب مختلفة من عمليات الجامعة بما في ذلك الأنشطة اليومية والمرافق المتطورة والمعدات الحديثة ونفقات الطلاب والتأثير الاقتصادي الناتج عن إنفاق الأصدقاء والأقارب الزائرين للطلاب الدوليين المسجلين. كما أنه من المتوقع أن يضخ مشروع توسعة الحرم الجامعي الجديد 102 مليون دولار أمريكي إضافية في الاقتصاد على مدى أربع سنوات. جدير بالذكر تلعب جامعة البحرين الطبية دوراً محورياً في التنمية الاجتماعية والاقتصادية في البحرين من خلال إطلاق برامج لتعزيز مهارات القوى العاملة المحلية في مجال الرعاية الصحية، والمساهمة في أولويات البحث الوطنية، ودعم الاستدامة البيئية والاجتماعية والحوكمة، إذ تدعم أنشطة الجامعة بشكل مباشر وغير مباشر 437 وظيفة، مما يعزز النمو والفرص داخل المجتمع. كما وتستمر متطلبات التوظيف في الجامعة في النمو لتلبي الاحتياجات الطلابية المتنامية وجهود البحث، ويشكل البحرينيون حوالي 50% من بين 227 عضواً يعملون بدوام كامل، ويستفيدون من مجموعة واسعة من برامج التطوير المهني المستمر. انتهى للمزيد من المعلومات، يرجى الاتصال على: خالد المطوع قسم الاتصال مجلس التنمية الاقتصادية بذة عن مجلس التنمية الاقتصادية مجلس التنمية الاقتصادية في البحرين هيئة مسؤولة عن جذب الاستثمارات إلى البحرين، ودعم المبادرات التي من شأنها تعزيز بيئة الاستثمار في المملكة. ويحرص المجلس على جعل البحرين بيئة استثمار جاذبة، من خلال العمل جنباً إلى جنب مع الحكومة والقطاع الخاص والمستثمرين لتسليط الضوء على دعائم الاقتصاد في المملكة وتحديد الفرص الاستثمارية لتنميتها. ويركز مجلس التنمية الاقتصادية في البحرين على عدد من القطاعات الاقتصادية التي تستفيد من المزايا التنافسية للمملكة وتوفر فرصاً استثمارية مهمة وهي قطاعات الخدمات المالية والصناعة والخدمات اللوجستية وتكنولوجيا المعلومات والاتصالات والسياحة. لمزيد من المعلومات حول مجلس التنمية الاقتصادية في البحرين، يرجى زيارة الموقع الالكتروني www.bahrainedb.com. Contact Details خالد المطوع قسم الاتصال مجلس التنمية الاقتصادية +973 3979 8919 internationalmedia@bahrainedb.com

June 20, 2024 06:00 AM Eastern Daylight Time

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As it Celebrates Two Decades of Success RCSI Medical University of Bahrain Announces a USD 45 Million Campus Expansion

RCSI Medical University of Bahrain

The Royal College of Surgeons in Ireland - Medical University of Bahrain (RCSI Bahrain) announced its plans for the expansion of its campus in a strategic project valued at USD 45 million, as it marked the celebration of its 20th anniversary in Bahrain. In line with a steadfast commitment to contributing with excellence towards the improvement of human health, patient care, and societal well-being, the University has consistently achieved pivotal milestones since its establishment, placing innovative research at the heart of its services through the School of Postgraduate Studies and Research, with a focus on interdisciplinary clinical and patient-centred research, as well as addressing key national, regional, and global health challenges. Recently, RCSI Medical University of Bahrain signed an agreement with Nass Corporation for the construction of the University’s campus expansion project. The ambitious expansion includes a brand new state-of-the-art academic building designed to address the growing demand for advanced medical education and research facilities with the addition of 7,912 sqm of usable space, featuring the addition of enhanced teaching facilities, cutting-edge research labs, a modern library, social spaces, and a spacious event hall. Emphasising a vested commitment towards sustainability, the project includes adopting low-carbon transportation options through bike racks and EV charging stations. Beyond this, the design will incorporate energy-efficient features such as solar panels, LED lighting, and water conservation systems, with a focus on incorporating heat-reduction practices through the incorporation of native plants and green spaces into the landscape, as part of RCSI Bahrain’s commitment to fostering an environmentally friendly ecosystem that nurtures a sense of well-being. Professor Sameer Otoom, President of RCSI Medical University of Bahrain, said, “As we celebrate our 20 th anniversary in Bahrain, we are proud to celebrate this milestone, boasting a diverse network of over 3,000 alumni and healthcare professionals from 56 nationalities comprising 459 doctors and 1,321 nurses, which have significantly contributed to strengthening Bahrain's comprehensive healthcare system.” The President of RCSI Bahrain added, “ A living reflection of RCSI's dedication to sustainability and commitment to providing an ideal environment for our faculty and students to thrive and developing new programmes, our planned campus expansion aligns with Bahrain's vision to cement itself as a leading regional hub for healthcare and education, benefiting from a highly skilled workforce, welcoming and tolerant community, and exceptional lifestyle.” Munther Almudawi, Executive Director of Business Development for Healthcare, Education, and Tourism at Bahrain EDB said, “At Bahrain EDB, we offer our support to investors through every step of their journey, long after they first set up in Bahrain. First founded as the national training body for surgery in Ireland, RCSI has continued to be at the forefront of healthcare education since its establishment in 1784. With a long-standing history of innovation, we take pride in RCSI Bahrain’s 20 years of milestone successes on the island and look forward to witnessing the development of its sustainably-led campus expansion project, which will add value to the diversity of Bahrain’s highly-developed education and healthcare ecosystems, which aims to provide service quality on par with the global playing field.” In a comprehensive National Economic Contribution Report delivered by PwC Ireland, the impact of RCSI Medical University of Bahrain on the national economy was determined to be an estimated annual contribution of USD 91 million. The calculated contribution encompasses various aspects of the University's operations, including day-to-day activities, cutting-edge facilities, state-of-the-art equipment, student expenditures, and the economic ripple effect generated by the spending of visiting friends and relatives of international students enrolled. Furthermore, the upcoming construction and outfitting of the new academic building is projected to inject an additional USD102 million into the economy over a four-year period. Beyond its economic impact, RCSI Medical University of Bahrain continues to play a pivotal role in Bahrain's socio-economic development by initiating programs to enhance the skills of the local healthcare workforce, contributing to national research priorities, and championing environmental, social, and governance (ESG) sustainability. The University's activities directly and indirectly support 437 jobs, fostering growth and opportunity within the community. Furthermore, the university's staffing requirements continue growing to meet the expanding student body and research endeavours. Of the 227 full-time staff members employed by RCSI Bahrain, 50% are Bahraini nationals who benefit from a wide range of continuous professional development programs. # ENDS # For more information, please contact: Abdulelah Abdulla Communications Department Economic Development Board Phone: +973-39798919 E-mail: internationalmedia@bahrainedb.com About Bahrain Economic Development Board (Bahrain EDB) The Bahrain EDB is an investment promotion agency with the overall responsibility of attracting investment into the Kingdom and supporting initiatives that enhance the investment climate. The Bahrain EDB works with the government and both current and prospective investors to ensure that Bahrain’s investment climate is attractive, to communicate the key strengths, and to identify where opportunities exist for further economic growth through investment. The Bahrain EDB focuses on several economic sectors that capitalise on Bahrain’s competitive advantages and provide significant investment opportunities. These sectors include financial services, manufacturing, technology and innovation, tourism, education, healthcare, logistics and transport. For more information on the Bahrain EDB visit www.bahrainedb.com Contact Details Communications Department - Bahrain Economic Development Board Abdulelah Abdulla +973 3979 8919 internationalmedia@bahrainedb.com

June 20, 2024 06:00 AM Eastern Daylight Time

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