‫شركة L7 تعرض الريادة في إدارة الأصول الرقمية في معرض العملات المشفرة دبي 2024

دبي، الإمارات العربية المتحدة – Media OutReach Newswire – 15 مايو 2024 – يسر شركة L7، الشركة الرائدة في إدارة الأصول الرقمية وتجميع حركة البيانات عبر شبكة Web3، أن تعلن عن مشاركتها في معرض العملات المشفرة دبي 2024، المقرر انعقاده في الفترة من 20 إلى 21 مايو. وباعتبارها الراعي الماسي لهذا الحدث، من المقرر أن تؤدي L7 دورًا محوريًا في هذا التجمع المتميز. يعد هذا الحدث، الذي تستضيفه شركة إتش كيو مينا (Hqmena)، بمثابة حجر الزاوية لقطاع العملات المشفرة والبلوكتشين، حيث يستقطب كبار الخبراء والشركات والمستثمرين والمتحمسين من جميع أنحاء العالم.

تغطي منظومة شركة L7 مجموعة متنوعة من الاستخدامات، بما في ذلك التبادلات المركزية واللامركزية (CEX/DEX)، وبطاقات التشفير، والمجمعات بشركة L7 ومجموعات الخوادم، والمختبرات. ويعد المعرض بمثابة منصة حيوية لشركة L7 لعرض عروضها الأساسية والتواصل مع الشركاء المحتملين لتوسيع منظومتها بشكل أكبر.

يتم الاحتفال بالمعرض بسبب جلسات المؤتمرات الديناميكية، وفرص التواصل الواسعة، وانتشاره العالمي مترامي الأطراف. وسيضم مجموعة من المشاركين بما في ذلك منصات البلوكتشين، ومطوري العقود الذكية، ومقدمي حلول الدفع بالعملات المشفرة، وخدمات المحفظة، ومنصات الرمز غير القابل للاستبدال (NFT)، والمزيد.

لتسليط الضوء على الدور النشط لشركة L7، سيلقي الرئيس التنفيذي جيمس لوكاس من L7 DEX كلمة رئيسية حول “تطور إدارة الأصول الرقمية في عصر شبكة Web3” في 20 مايو وينضم إلى حلقة نقاش بعنوان “إمكانات ترميز الأصول خارج نطاق العملات المشفرة” في 21 مايو. وبالإضافة إلى ذلك، ستستضيف L7 جناحًا في المعرض، لتسهيل التفاعل وجهًا لوجه مع الشركاء المحتملين وعرض مجموعة متنوعة من منتجاتها وخدماتها.

صرح جيمس لوكاس، الرئيس التنفيذي لشركة L7 DEX، قائلاً: “إن مشاركتنا في المعرض هي شهادة على التزامنا بقيادة صناعة إدارة الأصول الرقمية من خلال الابتكار المستمر والتعاون الاستراتيجي والفهم الشامل لاحتياجات عملائنا المتطورة.”

عن شركة L7

L7 عبارة عن منصة Web3 لإدارة الأصول الرقمية وتجميع حركة البيانات. ومن خلال الاستفادة من الموارد الكثيرة للصناعة والشبكات المتنوعة، توفر L7 مجموعة كبيرة من الحلول، بما في ذلك رأس المال الاستثماري في الأصول الرقمية، واحتضان المشاريع الناشئة، وخدمات الإدارة المالية. تشتمل محفظة L7 على مجموعة من المنتجات والخدمات مثل التبادلات المركزية (CEX)، والتبادلات اللامركزية (DEX)، وبطاقات التشفير، والمختبرات، وعروض التبادلات اللامركزية الأولية (IDO)، وغيرها.

موقع L7 الإلكتروني: https://www.l7.finance/

التبادلات المركزية لشركة L7: https://app.l7dex.com/

توتير: https://twitter.com/L7_Global

تليجرام: https://t.me/L7_Official

ديسكورد: https://discord.gg/l7official

حول معرض العملات المشفرة دبي 2024

يعد معرض العملات المشفرة دبي 2024 حدثًا رئيسيًا لعالم الأصول الرقمية وتكنولوجيا البلوكتشين. يعقد المؤتمر في دبي، مركز الابتكار، ويجمع قادة الصناعة والمتحمسين لاستكشاف عالم Web3 المثير. يعرض المعرض أحدث التطورات في مجال العملات المشفرة والبلوكتشين، مع مناقشات حول التمويل اللامركزي (DeFi) والرموز غير القابلة للاستبدال والإمكانات التحويلية للأصول الرقمية.

احجز تذكرتك: https://bit.ly/3UUpm5d

XTCC launches first Shariah-compliant investment ecosystem for high-integrity Carbon Credits

London, UAE, May 15, 2024 (GLOBE NEWSWIRE) — XTCC, the investment ecosystem specialising in high-integrity carbon credits, has launched the first Shariah-compliant multi-currency asset class of high-integrity carbon credits.  Sourced exclusively from validated projects (including renewable energy, nature-based solutions and blue carbon), XTCC gives investors seeking Shariah-compliant investments the ability to participate in the fast-growing carbon credit market.

This powerful combination of Shariah-compliant investments and high-integrity carbon credits enables the traditional Islamic finance market for the first time to participate in the potential significant growth in value of the global carbon credit market. Through XTCC, corporates, wealth managers, banks and investment funds can invest with certainty and encourage further development towards net zero goals.

In another capital markets first, XTCC for the first time provides a stock market quoted price for the most important asset for the net zero world.

Validated and certified for Shariah compliance by Yasaar Research Limited, and using the ISDA/IIFM Master Agreement, XTCC has established a robust framework for investment products structured to meet the highest Shariah-compliant standards. The Fatwa is the first for carbon as an asset class, and for the investment products issued by Al Waseelah, a world-leading, award-winning Sukuk issuance platform, creating a streamlined, transparent solution to re-engineer trust in this important asset class.

Under the requirements of the Fatwa, XTCC not only adheres to industry standard transaction documentation (ISDA/IIFM) but only includes  in the reference basket high-integrity carbon credits which conform to  IOSCO’s 21 Good Practices and ICVCM’s Core Carbon Principles; science-based principles for identifying high-integrity carbon credits that create real, verifiable climate impact.  XTCC also reports on alignment with UN Sustainable Development Goals and ISO14064 standards.

Dr Scott Levy, Founder, XTCC, said: “This is a significant breakthrough for global capital markets. We have created the first Shariah-compliant investment product to link Islamic finance directly with accelerating investor demand for high-integrity carbon credits.  In the same way that there ‘can be no compromise on Shariah compliance’, we do not compromise our ethos of operating to the highest standards of transparency and integrity with respect to all of our investment products. XTCC is the asset class for the net zero world.”

Majid Dawood, CEO of Yasaar, said: “We take pride in certifying the Shariah compliance of XTCC’s investment products, ensuring they meet the highest standards of Islamic finance. Our expertise guarantees that every investment decision upholds the ethical and financial principles necessary for true Shariah compliance, empowering investors to contribute positively to sustainable development initiatives with full confidence in their adherence to Islamic values.”

Renowned carbon market expert Kevin Iwanaga, co-founder of the UAE Carbon Alliance and CEO of KBI Advisory Group, said: “With global temperatures surpassing 1.5 degrees Celsius above pre-industrial levels for the first time, and a staggering $7.3 trillion in funding needed by 2050 to bridge the climate finance gap necessary to limit global warming to 1.5°C, we need every solution available to address these crucial challenges. XTCC is rising to this challenge with the introduction of its new Shariah investment products, engineered to scale global capital flows in carbon markets by tapping into existing market liquidity pools and new investors. This XTCC initiative is an excellent example of the type of creative financial solutions needed to keep 1.5°C alive.”

-ENDS-

About XTCC
XTCC is the world’s first stock market quoted investment ecosystem for high-integrity carbon credits sourced from verified, audited projects including renewable energy, nature-based solutions and blue carbon. XTCC has created financial instruments that, for the first time, establish fair market value as a reference for high-integrity carbon credits.  To bridge the multi-trillion-dollar gap in climate finance, investment is required. XTCC provides capital markets with an ecosystem of financial instruments to allow a river of liquidity to flow to communities where it is most needed. XTCC is the asset class for the net zero world.

For more details about XTCC and to explore its Shariah-compliant investment products, visit www.xtcc.investments or contact our Investor Relations team at ir@xtcc.investments.

About Al Waseelah 
Al Waseelah PLC is a world leading, award-winning Sukuk issuance platform which offers a flexible, quick-to-market solution for green and sustainable businesses, financial institutions, asset managers, corporates and family offices for their Islamic liquidity management and offers a wide range of investment opportunities. Al Waseelah PLC offers end to end solutions for Shariah structuring, arranging, originating, and the listing of Shariah compliant notes, providing a streamlined and cost-effective way of raising funding for businesses and projects.

Find out more here.

About Yasaar 
A premier Shariah advisory firm, Yasaar specialises in certifying and ensuring the compliance of financial products with Islamic law. Leveraging extensive expertise and a deep understanding of Shariah principles, Yasaar provides critical oversight and advisory services that enable investors to engage confidently in ethical and compliant investments. With a focus on integrating innovative financial solutions with traditional Islamic values, Yasaar empowers professional investors to achieve their investment objectives while adhering to the highest standards of integrity and compliance.

Find out more here.

Media Contact

Tina Kane
The Realization Group
tina.kane@therealizationgroup.com

Investor Relations
Muhammad Nasir
XTCC
+372-56997961
ir@xtcc.investments 

Tina Kane
The Realization Group
tina.kane@therealizationgroup.com

GlobeNewswire Distribution ID 1000950828

Irdeto Features the ‘Irdeto Experience’ at CABSAT 2024

Expanding beyond security, this suite of solutions offers super aggregation capabilities, monetization features, an enriched user experience and actionable data and analytics

AMSTERDAM, May 14, 2024 (GLOBE NEWSWIRE) — Irdeto, the global leader in digital video platform experiences and security, is pleased to announce its participation at the prestigious CABSAT 2024 event, where it will feature its groundbreaking streaming aggregation platform ‘Irdeto Experience.’ This comprehensive suite of solutions enables pay-TV, telco and streaming operators to build, manage, control and enrich their video services. With a commitment to innovation and excellence, Irdeto continues to redefine industry standards, empowering the video industry in the Middle East and North Africa (MENA) region to thrive in an ever-evolving market landscape.

By leveraging the investment and innovation of open-source platforms and embracing diverse device ecosystems, Irdeto accelerates deployment processes while ensuring compatibility across various devices. With seamless integration across managed platforms like Android TV and RDK, as well as unmanaged ecosystems including Android, Tizen OS, WebOS, and iOS, Irdeto Experience guarantees speed, efficiency, and security, enabling operators to stay agile and responsive to evolving market demands.

Key Benefits of Irdeto Experience Include:

  • Streamlined Operations: Simplifies video streaming back-ends, reduces fragmentation, and optimizes vendor interactions.
  • Enriched Offerings: Supports super aggregation of global and local apps, unified search and discovery, and offers editorial and personalized recommendations.
  • Enhanced Monetization Opportunities: Maximizes revenue streams through comprehensive advertising solutions, targeted campaign strategies, and versatile business model capabilities.
  • Accelerated Time to Market: Irdeto Experience facilitates quicker deployment through pre-integrated solutions with Android TV and RDK managed platforms.

Additionally, Irdeto Experience offers enhanced security features, including 360-degree content protection, support for managed and unmanaged devices, and certification. Furthermore, the platform provides advanced data & analytics tools, enabling businesses to gain valuable insights into consumer behavior and content performance. With the ability to utilize consumer insights and adapt strategies accordingly, Irdeto Experience empowers operators to optimize their video platforms and unlock revenue potential.

“Irdeto Experience capitalizes on the growing consumer demand by providing a cohesive and streamlined operational framework for video service providers. This goes beyond mere content delivery—it enhances the viewer experience with a contemporary UI/UX, seamless app integration for super aggregation, tailored recommendations, and stringent content protection,” stated Andrew Bunten, COO of Video Entertainment at Irdeto.

For further information on how Irdeto is shaping the future of media and entertainment in the MENA region, or to schedule a demo of Irdeto Experience, please visit the Irdeto Experience website.

About Irdeto
Irdeto is the global leader in digital video platform experiences and security, empowering major media and entertainment brands worldwide. With over 50 years of expertise, our comprehensive services prioritize video experiences delivery, content protection, and anti-piracy solutions, reducing costs and driving sustainable growth while delivering unmatched user experiences. As a trusted partner, Irdeto provides vital managed services, system integration and consultancy solutions, enabling customers to focus on audience engagement. With a global presence, we offer unwavering support for continued success and future-fit strategies. With a unique pay-TV operator heritage, Irdeto is the preferred partner to empower a secure world where people can connect with confidence.

For more information, please visit www.irdeto.com.

For more information, contact:

Sabrina Orlov
+1 343 997 7220
Sabrina.orlov@irdeto.com

GlobeNewswire Distribution ID 9117823

Nyxoah Reports First Quarter 2024 Financial and Operating Results

REGULATED INFORMATION

Nyxoah Reports First Quarter 2024 Financial and Operating Results
Announced DREAM U.S. pivotal study achieved primary endpoints
On track for FDA approval as early as end of 2024

Mont-Saint-Guibert, Belgium – May 14, 2024 10:05pm CET / 4:05pm ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) (“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today reported financial and operating results for the first quarter of 2024.

Recent Financial and Operating Highlights

  • Reported the DREAM U.S. pivotal study achieved co-primary endpoints on an intent-to-treat (ITT) basis and demonstrated strong AHI reductions in supine and non-supine sleep positions.
  • The DREAM study achieved a median AHI reduction of 70.8%, a 12-month AHI responder rate, per the Sher criteria, of 63.5% (p=0.002) on an ITT basis and a 12-month ODI responder rate of 71.3% (p<0.001) on an ITT basis.
  • Preparing the fourth and final PMA module for submission this quarter.
  • Appointed Dr. Maurits S. Boon, MD as Chief Medical Officer.
  • Advanced patient access strategy through partnership with the American Association of Otolaryngology – Head & Neck Surgery Foundation (AAO-HNSF).
  • Achieved quarterly sales of €1.2 million, showing 170% growth vs Q1 2023.
  • Total cash position of €44.3 million at the end of the quarter.

“The DREAM U.S. study achieving its primary endpoints is a pivotal milestone for Nyxoah and further differentiates Genio as the only HGNS therapy to demonstrate strong efficacy in supine and non-supine OSA. With the DREAM data in hand, our U.S. launch preparations are focused on attracting commercial talent to set us up for success when we introduce Genio,” commented Olivier Taelman, Nyxoah Chief Executive Officer. “With continued European commercial traction, positive DREAM data and a highly differentiated, patient centric HGNS solution, I could not be more excited for Nyxoah’s future.”

First Quarter 2024 Results

CONSOLIDATED STATEMENTS OF LOSS AND OTHER COMPREHENSIVE LOSS (unaudited)
(in thousands)

For the three months ended March 31, 
2024 2023
Revenue € 1,221 € 441
Cost of goods sold (455) (175)
Gross profit € 766 € 266
Research and Development Expense (7,199) (6,157)
Selling, General and Administrative Expense (5,972) (5,551)
Other income/(expense) 192 46
Operating loss for the period € (12,213) € (11,396)
Financial income 1 408 625
Financial expense ( 991) ( 958)
Loss for the period before taxes € (11,796) € (11,729)
Income taxes ( 110) ( 182)
Loss for the period € (11,906) € (11,911)
Loss attributable to equity holders € (11,906) € (11,911)
Other comprehensive income/(loss)
Items that may not be subsequently reclassified to profit or loss (net of tax)
Currency translation differences 60 (28)
Total comprehensive loss for the year, net of tax € (11,846) € (11,939)
Loss attributable to equity holders € (11,846) € (11,939)
Basic loss per share (in EUR) € (0.415) € (0.460)
Diluted loss per share (in EUR) € (0.415) € (0.460)

CONSOLIDATED STATEMENT OF FINANCIAL POSITION (unaudited)

(in thousands)

As at
March 31
2024
December 31 2023
ASSETS
Non-current assets
Property, plant and equipment €4,379 €4,188
Intangible assets 48,501 46,608
Right of use assets 3,597 3,788
Deferred tax asset 134 56
Other long-term receivables 1 333 1,166
€ 57,944 € 55,806
Current assets
Inventory 3,418 3,315
Trade receivables 2,971 2,758
Other receivables 3,149 3,212
Other current assets 1,232 1,318
Financial assets 22,225 36,138
Cash and cash equivalents 22,077 21,610
€ 55,072 € 68,351
Total assets € 113,016 € 124,157
EQUITY AND LIABILITIES
Capital and reserves
Capital 4,927 4,926
Share premium 246,188 246,127
Share based payment reserve 8,440 7,661
Other comprehensive income 197 137
Retained loss (172,555) (160,829)
Total equity attributable to shareholders € 87,197 € 98,022
LIABILITIES
Non-current liabilities
Financial debt 8,616 8,373
Lease liability 2,933 3,116
Pension liability 22 9
Provisions 273 185
Deferred tax liability 9
€ 11,844 € 11,692
Current liabilities
Financial debt 346 364
Lease liability 852 851
Trade payables 7,316 8,108
Current tax liability 2,091 1,988
Other payables 3,370 3,132
€ 13,975 € 14,443
Total liabilities € 25,819 € 26,135
Total equity and liabilities € 113,016 € 124,157

Revenue
Revenue was €1.2 million for the first quarter ending March 31, 2024, compared to €441,000 for the first quarter ending March 31, 2023. The increase in revenue was attributable to the Company’s commercialization of the Genio® system, primarily in Germany.

Cost of Goods Sold

Cost of goods sold was €455,000 for the three months ending March 31, 2024, representing a gross profit of €0.8 million, or gross margin of 62.7%. This compares to total cost of goods sold of €175,000 in the first quarter of 2023, for a gross profit of €266,000, or gross margin of 60.3%.

Research and Development
For the first quarter ending March 31, 2024, research and development expenses were €7.2 million, versus €6.2 million for the first quarter ending March 31, 2023.

Operating Loss
Total operating loss for the first quarter ending March 31, 2024 was €12.2 million versus €11.4 million in the first quarter ending March 31, 2023. This was driven by the acceleration in the Company’s R&D spending, as well as ongoing commercial and clinical activities.

Cash Position
As of March 31, 2024, cash and financial assets totaled €44.3 million, compared to €57.7 million on December 31, 2023. Total cash burn was approximately €4.5 million per month during the first quarter 2024.

First Quarter 2024
Nyxoah’s financial report for the first quarter 2024, including details of the consolidated results, are available on the investor page of Nyxoah’s website (https://investors.nyxoah.com/financials).

Conference call and webcast presentation
A webcast of the call will be accessible via the Investor Relations page of the Nyxoah website or through this link: Nyxoah’s Q1 2024 earnings call webcast. For those not planning to ask a question of management, the Company recommends listening via the webcast.

If you plan to ask a question, please use the following link: Nyxoah’s Q1 2024 earnings call. After registering, an email will be sent, including dial-in details and a unique conference call access code required to join the live call. To ensure you are connected prior to the beginning of the call, the Company suggests registering a minimum of 10 minutes before the start of the call.

About Nyxoah
Nyxoah is a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA). Nyxoah’s lead solution is the Genio® system, a patient-centered, leadless and battery-free hypoglossal neurostimulation therapy for OSA, the world’s most common sleep disordered breathing condition that is associated with increased mortality risk and cardiovascular comorbidities. Nyxoah is driven by the vision that OSA patients should enjoy restful nights and feel enabled to live their life to its fullest.

Following the successful completion of the BLAST OSA study, the Genio® system received its European CE Mark in 2019. Nyxoah completed two successful IPOs: on Euronext Brussels in September 2020 and NASDAQ in July 2021. Following the positive outcomes of the BETTER SLEEP study, Nyxoah received CE mark approval for the expansion of its therapeutic indications to Complete Concentric Collapse (CCC) patients, currently contraindicated in competitors’ therapy. Additionally, the Company is currently conducting the DREAM IDE pivotal study for FDA and US commercialization approval.

For more information, please visit http://www.nyxoah.com/.

Caution – CE marked since 2019. Investigational device in the United States. Limited by U.S. federal law to investigational use in the United States.

Forward-looking statements
Certain statements, beliefs and opinions in this press release are forward-looking, which reflect the Company’s or, as appropriate, the Company directors’ or managements’ current expectations regarding the Genio® system; planned and ongoing clinical studies of the Genio® system; the potential advantages of the Genio® system; Nyxoah’s goals with respect to the development, regulatory pathway and potential use of the Genio® system; the utility of clinical data in potentially obtaining FDA approval of the Genio® system; and the Company’s results of operations, financial condition, liquidity, performance, prospects, growth and strategies. By their nature, forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties, assumptions and factors could adversely affect the outcome and financial effects of the plans and events described herein. Additionally, these risks and uncertainties include, but are not limited to, the risks and uncertainties set forth in the “Risk Factors” section of the Company’s Annual Report on Form 20-F for the year ended December 31, 2023, filed with the Securities and Exchange Commission (“SEC”) on March 20, 2024, and subsequent reports that the Company files with the SEC. A multitude of factors including, but not limited to, changes in demand, competition and technology, can cause actual events, performance or results to differ significantly from any anticipated development. Forward looking statements contained in this press release regarding past trends or activities are not guarantees of future performance and should not be taken as a representation that such trends or activities will continue in the future. In addition, even if actual results or developments are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in future periods. No representations and warranties are made as to the accuracy or fairness of such forward-looking statements. As a result, the Company expressly disclaims any obligation or undertaking to release any updates or revisions to any forward-looking statements in this press release as a result of any change in expectations or any change in events, conditions, assumptions or circumstances on which these forward-looking statements are based, except if specifically required to do so by law or regulation. Neither the Company nor its advisers or representatives nor any of its subsidiary undertakings or any such person’s officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward-looking statements contained in this press release or the actual occurrence of the forecasted developments. You should not place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Contacts:
Nyxoah
David DeMartino, Chief Strategy Officer
IR@nyxoah.com

Attachment

GlobeNewswire Distribution ID 1000950825

Parliamentary Assembly of Mediterranean awards global humanitarian efforts of UAE President

BRAGA: The Parliamentary Assembly of the Mediterranean (PAM) has announced the recipient of the inaugural PAM Global Humanitarian Personality Award at the 18th Plenary Session held in Braga, Portugal.

For the first time, this prestigious recognition is bestowed upon President His Highness Sheikh Mohamed bin Zayed Al Nahyan, for his decades-long exemplary contributions to humanitarian efforts around the world.

Each year, PAM recognises the significant contributions of organisations and individuals who build bridges of communication and foster mutual understanding and respect among the peoples and nations of the region.

This year, the inaugural PAM Global Humanitarian Personality Award is dedicated to those who have showcased extraordinary efforts in providing political mediation or life-saving humanitarian assistance, thereby alleviating the suffering of people facing catastrophic events. Although this is the first time that PAM has extended the Global Humanitarian Personality Award, the organisation has re
cognised numerous dignitaries in the past, including H.E. Abdelmadjid Tebboune, President of Algeria; H.E. Jorge Fernando Branco de Sampaio, former President of Portugal; and H.E. Ilir Rexhep Meta, former President of Albania.

The award recognises His Highness Sheikh Mohamed bin Zayed Al Nahyan’s decades-long humanitarian work, as well as his recent announcement of the creation of the Zayed Humanitarian Legacy Initiative that will allocate AED 20 billion for humanitarian causes in the world’s most vulnerable regions. Created on the 20th anniversary of the late Sheikh Zayed bin Sultan Al Nahyan’s passing and on Zayed Humanitarian Day, this major initiative aims to greatly improve sustainable development and the quality of life of vulnerable communities around the world, underscoring Sheikh Zayed’s legacy of generosity and support.

In addition, under His Highness Sheikh Mohamed bin Zayed’s leadership, the UAE has supported numerous other humanitarian causes over the years, including playing a critical role in
the global distribution of billions of doses of COVID-19 vaccines to countries in need through its “Hope Consortium” initiative. In the region, His Highness has been instrumental in supporting refugees and providing medical aid to those affected by conflict.

H.E. Hon. Enaam Mayara, President of PAM, said: ‘It is with great honour that we announce His Highness Sheikh Mohamed bin Zayed Al Nahyan as the inaugural recipient of the PAM Global Humanitarian Personality Award. For decades, His Highness has been a true champion of humanitarian causes worldwide, having personally been involved in numerous activities that have safeguarded peace, human life, and prosperity. His commitment to promoting global stability has set a remarkable example for leaders everywhere, raising the standard for future recipients of this prestigious recognition.’

Ambassador Dr Abdulsalam Al Madani, Roving Ambassador for the GCC Region, PAM, said: ‘PAM is delighted to honour His Highness Sheikh Mohamed bin Zayed Al Nahyan with the inaugu
ral PAM Global Humanitarian Personality Award. Throughout his outstanding tenure as leader and President of the UAE, His Highness has tirelessly contributed to various humanitarian causes, positively affecting countless lives across the world. His unwavering commitment to safeguarding lives has not only provided critical support but has also inspired a new generation of global leaders to follow his example. This award is a testament to the continuation of his and the UAE’s vision for a more harmonious and prosperous world.’

Founded in 2005, PAM is an international organisation that brings together the national parliaments of the Mediterranean and Gulf regions. Since its foundation, the organisation has served as the legal successor of the Conference on Security and Cooperation in the Mediterranean (CSCM), established in the early 1990s.

PAM’s primary objective is to cultivate strong political, economic, and socio-cultural cooperation among its member states, addressing all regional challenges, and promoting
peace and stability across the Mediterranean and beyond.

Since its inception, PAM has distinguished itself as the pre-eminent institution for fostering inter-regional parliamentary diplomacy among its 31 Euro-Mediterranean, Gulf and North African states, which are represented on equal footing through a balanced organisational bureau, alternating presidency, and numerous working committees. Currently, the organisation is led by H.E. Hon. Enaam Mayara of Morocco.

Source: Emirates News Agency

Photos – ‘National Return’ march in Hebron

Hebron – Together – Today, Wednesday, large crowds participated in the ‘National Return’ march, which started in front of Hussein Bin Ali Stadium in the Ain Sarah area towards Ibn Rushd Roundabout, in the center of Hebron, in commemoration of the 76th anniversary of the Nakba.

Representatives of national and Islamic forces, representatives of governmental and civil institutions, and various federations and unions participated in the march.

Several speeches were delivered, in which the speakers called for an end to the ongoing war of genocide against the Gaza Strip, stressing that the Palestinian people are steadfast on their land despite the crimes committed by the Israeli occupation, and despite the ethnic cleansing operations being practiced in the Gaza Strip and the West Bank, to control the land. They called for Free people of the world should intervene to end the Israeli occupation and establish a Palestinian state with full sovereignty over the Palestinian territories.

Source: Maan News Agency

Food Innovation Conference 2024 participants explore UAE’s innovative practices in food production

DUBAI: Participants in the Food Innovation Conference 2024, which concluded in Dubai today under the theme ‘Reimagining Future Food Systems’, had the opportunity to join field trips around farms and factories specialised in food production within the UAE.

The tour aimed to showcase the latest technologies and research in food production within the UAE to an international audience of experts, innovators, public and private businesses, farmers, stakeholders, and investors. This opportunity highlighted innovative practices in sustainable agriculture and offered insights into food production practices that prioritize sustainability and carbon footprint reduction, fostering collaboration and investment opportunities.

As part of the tour, participants visited a range of sites including International Center for Biosaline Agriculture (ICBA), Camelicious, Emirates Bio Farm, Bustanica, and THRYVE, IFFCO Group’s plant-based venture.

During their visit to ICBA, the conference’s participants learned about the center’s
research and development projects and latest agricultural innovations. They explored different experiments on soil amendments, climate-resilient crops, and modern irrigation methods, among other agricultural technologies.

Visitors were briefed on ICBA’s efforts in developing sustainable agricultural solutions to cultivate crops in arid and saline environments. They also learned about the center’s research and development work on soil improvement, irrigation efficiency, remote sensing, and genomic research.

They also visited the center’s genebank, which stores over 16,000 accessions of around 300 drought-, heat-, and salt-tolerant plant species from more than 150 countries and territories.

Welcoming the visiting delegation, Dr. Charbel Tarraf, Chief Operations and Development at ICBA, said the Food Innovation Conference 2024 supported efforts to amplify the role of technology in building resilient, inclusive, and sustainable food systems.

He noted that ICBA supports national efforts on food security in the
UAE through science and innovation to develop sustainable solutions for agricultural challenges arising from climate change and water scarcity.

He added that the center is committed to sharing its innovative solutions with local farmers to increase the productivity of various crops.

As part of the tour, guests visited Camelicious, a major camel milk producer in the UAE, which offers a variety of camel milk products including fresh milk, flavored options, powder, yogurt drinks, ice cream, and even coffee.

They were briefed on the farm’s plans to incorporate camel milk in new innovative products.

Mtashr A. Latef Albadry, COO and Acting CEO at Camelicious, said the company was paving the way for establishing a specialized sector in camel milk products based on the pillars of science, innovation, and sustainability.

He noted that the farm exports to a growing number of countries worldwide, with plans to expand its exporting partnerships and increase cooperation with international companies to introduce camel
milk into various industries due to its multiple benefits.

During their visit to Emirates Bio Farm, the guests learned about the range of fresh organic products cultivated according to the highest international standards, and reviewed the farm’s methods of harvesting, packaging, and delivering organic fruits and vegetables.

Visitors also explored recreational and educational activities on the farm, which offers an interactive experience for families to engage in hands-on field activities and learn about agricultural practices.

Yahya Al Kodmani, founder of Emirates Bio Farm, said the farm is the largest organic farm in the region and a specialized tourist project producing environmental friendly and health-beneficial organic products in the UAE.

He said the farm is committed to ensuring agricultural sustainability in all its operations and preserving natural resources such as soil and water.

Al Kodmani noted that the farm employs environmentally friendly methods in farming, harvesting, and packaging to co
ntribute to a safe and sustainable food system that enhances public health, positively impacts the environment, and achieves the highest quality standards in organic products.

He added that the farm adopts the latest technological solutions in farming, harvesting, and packaging processes, aiming to contribute to a safe and sustainable food system that supports public and environmental health.

As part of the tour, visitors made a stop at Bustanica, which operates the world’s largest vertical farm in Dubai. The farm utilizes hydroponics and cutting-edge technology to ensure sustainable farming practice and decrease the UAE’s dependence on fresh produce imports, supporting the country’s goals in achieving self-sufficiency.

Visitors reviewed the farm’s production cycle, which guarantees fresh and clean produce without the use of pesticides or chemicals. They were also introduced to the farm’s closed-loop irrigation system designed to maximize water use efficiency.

Feras Al Soufi, General Manager of Bustanica,
said, ‘Food security is one of the pressing challenges facing the Gulf region. Therefore, Bustanica leverages machine learning and artificial intelligence, under the supervision of a team of experts specialized in agricultural engineering, horticulture, and botany, to increase the productivity of Dubai’s agricultural sector and expand the supply of high-quality food products.’

He added: ‘Our objective is to adopt the best agricultural practices to position the UAE at the top of the Global Food Security Index. We aim to share knowledge across the region and beyond, empowering sustainable agriculture and securing a resilient food future.’

Participants in the Food Innovation Conference 2024 visited THRYVE, IFFCO Group’s first 100% plant-based meat factory in the Middle East, where they learned about the latest innovations in the production of healthy, sustainable plant-based meats, manufactured locally and inspired by the unique flavours of Middle Eastern cuisine, further catalysing a sustainable shift in the
region’s food system.

Andrey Dribny, Managing Director – Culinary, IFFCO Group, said that the world’s population is already looking at how to diversify its diet and is now rediscovering the value of highly nutritious and sustainable crops that target health, food security and sustainability in equal measures for the benefit of future generations, adding, ‘IFFCO’s innovative approach to the subject through rigorous research and development has led to THRYVE, the region’s first venture of its type, feeding new life into the world’s eating habits by providing well-balanced, varied and sustainable plant-based nutrition, making it desirable without compromising on flavour and individual preferences in an undertaking that perfectly aligns with the UAE National Food Security Strategy 2051.’

Visitors were briefed on the operations of ‘Barakat’ company and its range of products including fresh vegetables, fruits, and sugar-free juices that are free of preservatives. They also explored the company’s innovative organi
c packaging as part of its environment conservation efforts and enhancing sustainability in the UAE.

Kenneth D’Costa, Managing Director at Barakat, said: ‘We have been seeking to serve the best of Fresh in the United Arab Emirates since 1976. In this dynamic industry of fresh food, we have been leading with innovation to nourish the ambitions of consumers every day. Establishing platforms such as the Food Innovation Hub is vital to helping local businesses and participants share their best practices for innovation.’

The Food Innovation Conference 2024, organised by the Mohammed bin Rashid Al Maktoum Global Initiatives in collaboration with the World Economic Forum, discussed the latest trends in food sustainability and safety. It highlighted the best practices, technologies and research in the food sector.

Source: Emirates News Agency

The occupation arrests 9 citizens from Yatta and 3 from Hebron

Hebron – Ma’an – The Israeli occupation forces arrested, at dawn on Wednesday, nine citizens, including former prisoners, during raids and searches of many citizens’ homes in the city of Yatta.

Local sources reported that the following were arrested:

-Yahya Ismail Al-Amor

– Qusay Khaled Al-Amor

– Osama Khaled Al-Amor

– Sufyan Ahmed Al-Amor

– Muhammad Gabriel Al-Amor

– Musa Gabriel Al-Amor

– Baraa Al-Harini

– Samir Buhais

– Salem Rashid

In the city of Hebron, the occupation forces arrested three citizens from the southern region of the city after raiding their homes. They are: the two brothers Abdullah and Qusay Ziyad Al-Rajabi, and Thaer Younis Al-Rajabi.

Source: Maan News Agency

Food Innovation Conference 2024 concludes; stresses importance of collective action to develop global sustainable food systems

DUBAI: Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), in collaboration with the World Economic Forum (WEF), concluded the Food Innovation Conference 2024, hosted in the Museum of the Future and the Emirates Towers, Dubai between 13 and 15 May under the theme ‘Reimagining Future Food Systems’.

Bringing together 150 global experts, academics as well as local, regional and international private sector businesses, the event showcased national models of innovative food systems and the world’s latest advanced food techs. It also addressed the need to foster efforts of knowledge sharing and capacity building through the Food Innovation Hubs Global Initiatives, and to facilitate partnership and collaborations between entrepreneurs, investors and leaders of the public and private sectors.

The 3-day event focused on advancing cooperation and the sharing of expertise to help take vital action in developing inclusive, sustainable food systems through the joint efforts of all food system stakeholders.

A sha
red global vision

Mohammad Al Gergawi, Secretary General of Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) said hosting the Food Innovation Conference in Dubai reflects the visions of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, for the need to consolidate efforts, drive partnerships and cooperation between the public and private sectors as well as regional and international organizations, with the aim of developing a shared global vision for food system sustainability.

‘The conference is a practical example of one of MBRGI’s key principles, namely, being open to creative ideas and investing in research and development, while fostering all efforts and technologies aimed at creating balance between food system sustainability and protection of our planet. Such efforts help alleviate the effects of hunger and malnutrition, as well as protect the environment from the impact of climate change caused by food systems, which cause on
e third of the world’s greenhouse gas emissions,’ he said.

Klaus Schwab, Executive Chairman of the World Economic Forum, said ‘The World Economic Forum is proud of this longstanding partnership with the Mohammed bin Rashid al Maktoum Global Initiatives and the United Arab Emirates on the vital topic of food innovation.

He added, ‘Innovative technologies and strong partnerships have the power to transform our food systems to address global challenges such as malnutrition, climate change, and food waste. Partners in the UAE are showing extraordinary leadership in innovation and the collaboration required to secure a positive food future for all.’

Long-standing cooperation

The Food Innovation Conference 2024 kicked off with a dinner at the Museum of the Future on 13 May, where Dr. Amna Al Dahak, Minister of Climate Change and Environment, addressed the gathering and said the event embodies the UAE’s future foresight philosophy and embodies the country’s commitment to supporting international efforts in addre
ssing food security as one of the major challenges facing humanity.

Saeed Al Eter, Assistant Secretary General of Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), applauded the long-standing cooperation between MBRGI and the World Economic Forum with the aim of creating innovative food system solutions, while Tania Strauss, Head of Food and Water at the World Economic Forum, stressed the importance of collaboration with the UAE on this major event, which advances collective action across all sectors to harness the power of innovation for inclusive and people-centered solutions.

Participants of the first day of the conference were introduced to environment friendly food products, innovative concepts related to food production, local ingredients, and low waste food.

Interactive platform

A two-day side showcase, the Boulevard exhibition, was held on the sidelines of the Food Innovation Conference 2024, drawing wide participation of national and global companies specialized in food and agricultural
products and tech designed to accelerate the adoption of innovation and provide effective solutions in the face of challenges that hinder the sustainability of global food supplies, while boosting resilience in food production.

While providing an optimal opportunity for specialized companies to exchange expertise and knowledge and discuss the latest trends in food sustainability, the showcase also acted as an interactive platform to educate on the most disruptive technologies and initiatives that are shaping the future of food systems.

‘Food Tech Valley,’ a project launched in 2021 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, with aims to triple the UAE’s food production, introduced its latest achievements, while agricultural investment company Elite Agro highlighted the role of drones in advancing the agricultural sector through aerial surveys of agricultural areas to capture detailed data and information.

The showcase offered visi
tors an immersive VR experience to explore the latest smart farming technologies and automated agricultural systems such as irrigation, pest control, soil and crop monitoring, as well as best practices in vertical and hydroponic farming.

Impactful collaboration

Day 2 of the Food Innovation Conference 2024 addressed the role of innovation in food systems and focused on designing ecosystems. The day also focused on enabling knowledge exchange and dwelling deep into impactful collaborations that can foster food system innovation.

The session titled ‘Reimagining Future Food Systems’ session, in which Dr. Amna Al Dahak, Minister of Climate Change and the Environment, participated alongside experts and executives, introduced various current and future scenarios exploring strategies for launching effective food innovation markets within the UAE, regionally, and globally. They offered insights on the concrete investment in food innovation. The session also highlighted the latest methods applied in climate-smart fa
rming, healthy and sustainable consumption and effective marketing strategies.

Dr. Abdulkareem Al Olama, CEO of Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), delivered the keynote speech at the session entitled ‘Purpose-Driven Innovation for a Positive Food Future’, which explored ways to design and manage effective collaboration models that enhance innovation, as well as forging paths to new investments and improved governance frameworks. The session also presented viewpoints from various stakeholders and sectors about the emerging primary needs from the food innovation system.

The conference concluded on the third day following field trips that took participants around a number of factories and farms specialized in food production. The visits showcased the latest technologies and research in food production within the UAE , highlighted innovative practices in sustainable agriculture and offered insights into food production practices that prioritize sustainability and carbon footprint reducti
on.

The Food Innovation Conference 2024 is powered by the Food Innovation Hubs Global Initiative, launched by the World Economic Forum in collaboration with MBRGI, UAE, the Government of the Netherlands and other public, private and civil society partners. The initiative leverages multi-stakeholder and market-based partnerships to scale fit-for-purpose innovations in food systems.

Source: Emirates News Agency

A Kairos Palestine delegation visits South Africa

Ramallah – Together – At the invitation of the South African Council of Churches; A delegation from Kairos Palestine participated in a visit to South Africa, which included a number of cathedrals, churches, universities, and active community and cultural institutions in Cape Town, Johannesburg, and Pretoria, where the Kairos delegation met with political, community, and religious leaders, and emphasized, strengthening the bonds of solidarity and common interdependence with the people of the South. An African who had been suffering for many years under the clutches of the apartheid regime, inspired by his struggle for liberation and against apartheid. The Kairos delegation also praised the moral commitment of the State of South Africa in its full and unconditional support for the Palestinian cause, and its going to the International Court of Justice to sue Israel after it committed the crime of genocide. In the Gaza Strip.

The visit included multiple meetings, which began with a meeting with the Archbishop of
Cape Town, Bishop Thabo Makgoba, followed by fruitful meetings with both Islamic and Jewish groups, which in turn encouraged interfaith dialogue, in addition to a unique visit to the Gottsville Mosque, which was draped in Palestinian flags welcoming the hosting of Rev. Dr. Munther Ishaq and the accompanying Kairos delegation. The meetings as a whole expressed the need to redouble efforts to combat hate speech, violence, Islamophobia, and anti-Semitism, warning of the importance of confronting Christian Zionism, which uses the texts of the Bible with a colonial flavor in the service of the Zionist project. The visit also included holding seminars at the Desmond Tutu Center and the Nelson Mandela Foundation, as well as holding lectures at the universities of Stellen Bush, Nelson Mandela, Pretoria, and South Africa, and the attendees shared the testimonies of the Kairos delegation about the injustice of Palestine, and how daily life is under the occupation and the apartheid regime that Israel is pursuing it agai
nst the Palestinians.

On the sidelines of his visit, the Kairos Palestine delegation participated in the first international conference against apartheid, which was held in the city of Johannesburg, which aimed to strengthen the global solidarity movement for Palestine and intensify work to dismantle the policies of apartheid, settler colonialism, and genocide practiced by Israel against the Palestinian people, as he stressed. The conference stressed international support for the Palestinian struggle for self-determination, as well as the right of return for Palestinian refugees.

The Kairos Palestine delegation also expressed its gratitude and appreciation to the South African people for their commitment to fighting the injustice and oppression experienced by the Palestinian people, stressing the continuation of its work for a just peace based on inalienable rights, calling on other civil society organizations that attended and people of good conscience to put pressure on your governments from In order to i
mpose a boycott and sanctions on Israel, and the necessity of continuing peaceful punitive measures until the latter fulfills its obligations to recognize the right of the Palestinian people, end the occupation and the apartheid regime on the occupied land of Palestine, recognize the basic right and full equality of its Palestinian Arab citizens, and respect, protect and support the rights of Palestinian refugees to return to their homes. And restore their property, as stipulated by international law.

The Palestinian Christian Initiative/Kairos Palestine is considered a Palestinian Christian movement based on the (Pause for Right) document that was launched in 2009, which is the word of Palestinian Christians to the world about what is happening in Palestine, which confirms that Palestinian Christians are an integral part of the Palestinian people, as many signed it. Important and historically recognized Palestinian Christian organizations, endorsed by the heads of churches in Jerusalem.

The document repres
ents a theological, political, religious and national position on Palestine and the arbitrary practices of the occupation on its land, directing it to the international community and demanding that they take a rightful stand towards the injustice, displacement, suffering and clear racial discrimination that the Palestinian people have been facing for more than seven decades, under the nose and nose of the international community, which is silent and timid in its criticism of the state. Occupation. The document aims to mobilize Christians around the world and the international community to support the Palestinian cause and adhere to all the provisions proposed by the document to pressure governments towards ending the occupation and the apartheid regime on the land of Palestine, calling for just peace and an end to the suffering of the Palestinian people and their right to self-determination, based on the values ??of faith, hope and love.

Source: Maan News Agency