Day: March 1, 2023

  • Minterest Launches Exclusive Early Access for NFT Holders Ahead of Public Launch

    The Minterest protocol is now fully live for early supporters and Minterest NFT holders, granting exclusive access to the full suite of Minterest tools ahead of public launch.

    TALLINN, ESTONIA / ACCESSWIRE / March 1, 2023 / Minterest Labs announces the final stage of launch of the Minterest protocol, a revolutionary crypto lending platform built on the concept of real yield.

    Minterest Dashboard – the most user friendly experience in DeFi
    With a complete DeFi dashboard, Minterest users have an aesthetically unique and fully functioning area to view their asset information and risk exposure.

    Launching on Ethereum, Minterest provides cutting-edge DeFi borrowing and lending services. Backed by four completed security audits and a world-class team of digital asset professionals, Minterest is now live!

    During the Private Launch phase, access is limited for 4-6 weeks to Minterest NFT holders whose liquidity provision will benefit from early access, with a restricted user pool resulting in a greater share of protocol rewards.

    For users seeking access who do not have an NFT, the collection has been registered on Open Sea to enable holders to trade.

    What is Minterest?

    “Minterest is a lending protocol able to capture 100% of its fees from its functions, which it then uses to buy back its own token and reward users who participate in its governance.” – Josh Rogers, founder and CEO of Minterest.

    Minterest pushes new boundaries in DeFi lending protocols. It generates underlying value in its token economy far beyond the capability of any other, while rewarding its users who participate in governance. The fully-sustainable token model gets delivered through groundbreaking innovations like the first-of-its-kind on-chain liquidation engine coupled with its unique buyback mechanisms.

    The result is a DeFi revolution – the highest long-term total APYs combined with the lowest possible borrow cost.

    With Minterest, Yield Gets Real.

    To learn more about the project, visit the Minterest website, login to the app, or check out the official social media channels below:

    Join the growing Minterest Discord and Telegram communities for daily updates:

    https://discord.gg/minterest

    https://t.me/MinterestFinanceChat

    https://www.linkedin.com/company/minterest

    Contact Information

    Veiko Krünberg
    CMO
    veiko@minterest.com
    +3725100337

    SOURCE: Minterest

  • CARBOTRACE, Proppant Conveyed Inflow Production Tracers Are Being Launched Globally

    CARBO Ceramics Inc. partners with GEOSPLIT Middle East FZE

    HOUSTON, TX / ACCESSWIRE / March 1, 2023 / CARBO and GEOSPLIT announced today that the companies have entered into a strategic partnership that will enable energy operators to improve their reservoir performance by optimizing drilling & completions designs through understanding the production inflow profiling. The use of the technology reduces the overall cost of the well’s ownership, improves the carbon footprint for the well’s lifecycle, and boosts the decision-making of the E&Ps for their offset wells.

    CARBOTRACE
    CARBOTRACE

    The agreement combines CARBO’s manufacturing, sales, and marketing expertise with the inflow production profiling capabilities of GEOSPLIT. CARBO is the market leader in proppant and proppant-delivered technologies, and GEOSPLIT is a developer of a proven long-term dynamic zonal inflow tracer technology evaluation service.

    “CARBO’s portfolio of proppant delivered technologies continues to expand and provide customers with added value, enabling the most efficient completion and production strategies. CARBO has proven once more to be a technology leader in the space by creating an alliance with this Middle Eastern start-up for further geographical expansion,” said Max Nikolaev, Senior Vice President

    Customers of CARBO will now be able to understand their reservoir performance through production monitoring better, marker/tracer monitoring of production inflow profiles, reservoir management, and digital oilfield services based on dynamic zonal inflow production profiling.

    “Tracer-embedded coating for propping materials is one of the key solutions in our technological portfolio. Strategic partnership with Carbo Ceramics is a high recognition of technology capabilities and will allow the technology to reach out to more operators worldwide,” said Anna Belova, VP Global Business Development for GEOSPLIT.

    About CARBO Ceramics Inc

    CARBO® is a global technology company that provides products and services to several markets, including oil and gas, industrial, agricultural, and environmental markets, to enhance client value.

    CARBO Energy – is a leading provider of market-leading technologies to create engineered production enhancements solutions that help E&P operators to design, build and optimize the frac – increasing well production and estimated ultimate recovery and lower finding and development cost per barrel of oil equivalent.

    For more information, please visit www.carboceramics.com or contact Joshua Leasure, Director Technology Sales Joshua.Leasure@carboceramics.com

    About GEOSPLIT

    GeoSplit Middle East FZE is an international digital oilfield service company offering a tracer-based production profile surveillance technology for oil and gas wells. The GeoSplit technology portfolio provides a stream of data on the oil and gas well production pattern for years without well intervention. The data becomes a decision-making support tool and gives recommendations on addressing specific objectives of field operators and customers in such segments as hydrocarbon development, production, reservoir management, and optimization.

    For more information, please visit www.geosplit.org or contact Anna Belova, VP Global Business Development a.belova@geosplit.org

    Contact Information

    Joshua Leasure
    Director Technology Sales, CARBO
    joshua.leasure@carboceramics.com
    281-921-6490

    Anna Belova
    VP Global Business Development, GEOSPLIT MIDDLE EAST FZE
    a.belova@geosplit.org
    +31 611 255342

    SOURCE: CARBO

  • Henley & Partners: Invest in Namibian Real Estate and Secure Residence Rights

    LONDON, March 01, 2023 (GLOBE NEWSWIRE) — The world’s latest investment migration option — and Africa’s second — the Namibia Residence by Investment Program has been launched by Henley & Partners, the global leaders in residence and citizenship planning.

    The Namibian government is actively seeking foreign investment to boost the country’s economic growth and diversify the economy. The program provides numerous opportunities for international investors seeking a foothold and growth on the African continent, including tax incentives, financing, and a one-stop bureau service for international companies. For a minimum real estate investment of USD 316,000 in the new luxury golf and eco-friendly President’s Links Estate in Walvis Bay, successful investors will receive a five-year, renewable work permit which gives them the right to live, do business, and study in Namibia.

    Group Head of Private Clients at Henley & Partners, Dominic Volek, says, “We are delighted to announce this innovative new residence by investment offering in Africa. Namibia’s stunning landscape, attractive tax system, and business-friendly environment make it an ideal option for international entrepreneurs, high-net-worth individuals, or retirees. There are fewer than 600 real estate units available in this exclusive coastal estate that qualifies for residence, so investors need to move quickly if they want to take advantage of this limited opportunity to secure residence rights in one of the most nature- and wildlife rich countries in the world.”

    One of Africa’s fastest growing private wealth markets

    The total private wealth currently held on the African continent is USD 2.1 trillion and is expected to rise by 38% over the next 10 years, according to the Africa Wealth Report, published by Henley & Partners in partnership with New World Wealth. Namibia is expected to be one of Africa’s fastest growing markets going forward, with high-net-worth individual (those with wealth of USD 1 million or more) growth of over 60% forecast for the next decade (until 2032). According to New World Wealth’s December 2022 statistics, Namibia holds USD 26 billion in total investable wealth. The average wealth of a resident of Namibia (wealth per capita) is USD 10,050, ranking as the third highest in Africa after Mauritius and South Africa. The nation is home to around 2,100 high-net-worth individuals and three centi-millionaires (with wealth of USD 100 million or more).

    To attract inward investment, the government has made major improvements to its tax system in recent years. Namibia operates a source-based tax system, which means that foreign residents are generally only taxed on the income they generate in the country. What is more, tax rates are relatively competitive compared with many other emerging markets and particularly with neighboring countries such as South Africa. The top rate of income tax in Namibia is a modest 37%, but perhaps most notably there are no capital gains, estate, gift, inheritance, or net wealth/worth taxes.

    Unprecedented interest in domicile diversification

    Currently, the President’s Links Estate is the only investment route for the Namibia Residence by Investment Program. Group Head of Real Estate at Henley & Partners, Thomas Scott, says international real estate has always been a reliable asset class for global investors due to its long-term staying power. “Real estate–linked investment migration programs such as the offering in Namibia have the additional advantages of enhancing your global mobility and expanding your personal access rights as a resident or citizen of additional jurisdictions, creating optionality in terms of where you and your family can live, work, study, retire, and invest. The potential gains over the lifetime of this investment include the core value of the asset, rental yields, and global access as an ultimate hedge against both regional and global volatility.”

    Volek points out that there has been significant and ongoing growth in the demand for residence and citizenship by investment options over the past few years. “The appeal of investment migration for affluent families is truly universal due to its many benefits, ranging from domicile diversification to global mobility enhancement, to accessing world-class education and healthcare, to having a plan B in times of turmoil. No matter where you were born, or where you currently reside, wealthy investors can futureproof themselves and their families for whatever might lie ahead through investment migration options such as the new Namibia Residence by Investment Program.”

    Media Contact

    Sarah Nicklin
    Group Head of PR
    sarah.nicklin@henleyglobal.com
    Mobile: +27 72 464 8965

    GlobeNewswire Distribution ID 1000795319

  • SEDD organises workshop for UoS engineering students

    SHARJAH,1st March, 2023 (WAM) — Sharjah Economic Development Department (SEDD) and Sharjah Foundation for Supporting Entrepreneurship (RUWAD) organised a workshop under the title “Entrepreneurship, Industrial project, Transforming Ideas into Industrial Projects” at the University of Sharjah (UoS) for the students of the College of Engineering.

    The workshop, discussed the most important steps for students’ success in implementing industrial projects, and the areas of support provided by Sharjah Government to the economic sector and motivating young people to join the field of entrepreneurship.

    The workshop presented by Rashid Jihad Sawaqed, Project Development Consultant at RUWAD, included introducing students to successful industrial projects and entrepreneurship, especially in the field of engineering.

    Additionally, it involved the advantages and facilities that entrepreneurs get from SEDD and Ruwad Foundation, as well as training programmes, professional diploma programmes, consulting services, in addition to financing services.

    Sultan Abdullah bin Hadda Al Suwaidi, SEDD Chairman, stressed that the Department in keen on to empowering university students by providing them with knowledge and experience and strengthening the bonds of cooperation between them, in a way that enhances the status of Sharjah, which is a gateway to many emerging markets and a valuable opportunity for the development of many entrepreneurs.

    He also indicated that the Department is interested in preparing and implementing economic plans for the emirate, conducting studies, developing investment systems that support entrepreneurs, and providing an appropriate climate for investment. This is done by simplifying and facilitating procedures for investors, providing them with developments and requirements of entrepreneurship in a competitive work environment, and enhancing their skills and capabilities in the field of entrepreneurship.

    Al Suwaidi illustrated that SEDD will carry out its strategies derived from the vision of the wise leadership, represented in providing support, guidance and follow-up to students and project owners in the emirate, and providing them with new and innovative solutions, in a way that helps them thrive in the economic and commercial market, and in a way that achieves a return added to the GDP of the economy of Sharjah in particular and UAE in general.

    Furthermore, Mariam Nasir Al Suwaidi, Deputy Director of Industrial Affairs Department at SEDD, said that the workshop falls within the Department’s programmes and plans to qualify, train and educate university students, so that they will be able to properly establish their projects, continue developing them, and ensure their sustainability.

    “This can be attained through the use and adoption of the best means to market the project, which guarantees the success of the entrepreneurs, their ability to meet the requirements of the labour market, keeping abreast of the changes in the business and investment sector, and facing all urgent circumstances and challenges facing economies and markets, of all types and causes, in order to enhance the environment business in Sharjah,” she added.

    Source: WAM – Emirates News Agency

  • Sharjah Education Academy unveils recommendations of 2nd Sharjah International Summit on Improvement in Education

    SHARJAH, 1st March, 2023 (WAM) — The Sharjah Education Academy announced the recommendations of the second edition of the Sharjah International Summit on Improvement in Education.

    These recommendations are aimed at improving educational systems by applying best practices of improvement science to all schools in the emirate.

    Under the patronage and in the presence of H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, the summit was organised by Sharjah Education Academy in collaboration with the Sharjah Private Education Authority and the Carnegie Foundation for the Advancement of Teaching.

    The recommendations put forth by the participants at the Summit included the need to shift the focus of the educational systems towards results rather than time. Additionally, the participants suggested investing in early childhood education by empowering the Arabic language and instilling the Emirati identity.

    They also stressed the importance of ensuring the participation of all stakeholders, including parents, teachers, and educational leaders in setting policies and evaluation systems.

    The recommendations also emphasised the significance of appreciating the teachers, investing resources in their professional development, and empowering students to take charge of their own learning through interactive processes that enhances their learning outcomes.

    Furthermore, the recommendations of the Organisation for Economic Cooperation and Development emphasised the need to restructure educational curricula to include necessary skills that align with the future labor market and promote the quality of life for students and society.

    The recommendations underscored the importance of utilising educational technology, enhanced by artificial intelligence, to improve all aspects of pedagogy and the educational system.

    They also highlighted the necessity of promoting innovation and creating a model educational resources bank for teaching and evaluating creativity and critical thinking as part of the curriculum. In addition, the recommendations called for the use of engaging animated visuals and electronic educational games to improve language skills, particularly in teaching vocabulary.

    The recommendations highlighted the importance of implementing an effective model for collecting and analysing critical data and transforming it into an action plan, taking into account the context, values and best practices to achieve desired outcomes.

    The recommendations also highlighted the importance of conducting research to identify and address challenges in the field of education, and emphasised the need to improve classroom and extracurricular practices that support student, teacher, leader, and institutional performance by adapting the six core principles of improvement science.

    The recommendations also stressed the need to conduct applied scientific research that regularly measures the quality of education to meet current challenges in the educational field and effectively prepare for future challenges and rapid global changes.

    Source: WAM – Emirates News Agency

  • Sharjah Ruler receives guests of Future of Knowledge and Education Forum

    SHARJAH, 1st March, 2023 (WAM) — H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, received on Wednesday, a delegation of scholars participating in “The Next Lap: Future of Knowledge and Education Forum” (FKEF) held at the American University of Sharjah.

    His Highness welcomed the visiting delegation to the Emirate of Sharjah, praising the scientific cooperation between the universities of Sharjah and international scientific and academic institutions.

    Sheikh Sultan highlighted the importance of scientific visits for scientists and specialists, which contribute to exchanging experiences and enriching knowledge aspects for future of the educational process.

    The meeting touched on the significance of developing the educational system and the future of education, the importance of preparing and training teachers and paying attention to providing multiple sources of knowledge supporting scientific research.

    The meeting discussed a number of global experiences in various educational fields, the role of educational institutions in working to promote education inside and outside the classrooms, the pursuit of more innovation by taking advantage of technology to enrich the learning and teaching process.

    For their part, the delegation praised the efforts of the Sharjah Ruler in supporting education in the emirate, and His Highness’ continuous plans to upgrade it in all its stages, which contributed to raising the educational process and the distinguished educational environment in all scientific facilities in the emirate.

    Source: WAM – Emirates News Agency

  • Ministry of Culture and Youth unveils activities of National Reading Month 2023

    ABU DHABI, 1st March, 2023 (WAM) — The Ministry of Culture and Youth has announced the activities for the National Reading Month 2023, which commences in March every year. This event is one of the most significant cultural events in the UAE and highlights the country’s commitment to promoting science and knowledge by providing the necessary infrastructure for a knowledge-based society.

    The announcement was made during a press conference attended by several dignitaries, including Mubarak Al Nakhi, Under-Secretary of the Ministry of Culture and Youth; Moza Ibrahim Al Akraf Al Suwaidi, Under-Secretary of the Ministry of Community Development; Abdullah Majid Al Ali, Director-General of the National Archives and Library; Dr. Saeed Kharbash, CEO of the Arts and Literature Sector at Dubai Culture and Arts Authority; Mohammed Al Hashemi, Executive Director of the Student Wellbeing Sector at Emirates Schools Establishment, and Saeed Hamdan Al Tunaiji, Executive Director of the Abu Dhabi Arabic Language Centre.

    The event was also attended by Ali Obaid, Vice Chairman of the Culture and Science Symposium; Jamal Al Shehhi, Board Member of the Mohammed bin Rashid Al Maktoum Library Foundation; Shaikha Al Muhairi, Director of Public Libraries – Abu Dhabi, Department of Culture and Tourism Abu Dhabi; Iman Bushleibi, Director of Public Libraries Department – Sharjah, Sharjah Book Authority; Dania Droubi, Chief Operating Officer and Head of Education Initiatives at Emirates Literature Foundation; and Asma Al Mutawa, Founder and President of Al Multaqa Literary Salon.

    According to Al Nakhi, “The Reading Month reflects the Ministry’s commitment to realising the vision of the UAE and its leadership in promoting a culture of science and knowledge, fostering an environment and infrastructure that supports a knowledge-based society. This is a significant step that complements the various cultural projects and initiatives launched by the country. The month provides an ideal opportunity to promote the culture of reading and make it a daily habit, and to provide all segments of society with authentic knowledge through a comprehensive cultural programme that includes a diverse range of events and programmes.”

    He added, “This year, the Ministry has prepared an inclusive and diverse cultural programme that aligns with a sustainable vision. Various local cultural entities and institutions are working together to promote the culture of reading, which contributes to prioritizing initiatives aimed at enhancing knowledge, culture, and creativity across government and private agencies. The Ministry places great importance on reading as the only way to acquire knowledge.”

    The Ministry of Culture and Youth has planned various activities for the Reading Month 2023, including “Create Reading,” affordable books, a discounted book fair, and the beginning of work to measure the UAE National Reading Index 2023. Additionally, there will be partner events and activities.

    Source: WAM – Emirates News Agency

  • Sharjah Ruler receives delegation from Arab Theater Authority

    SHARJAH, 1st March, 2023 (WAM) — H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, received on Wednesday, a delegation from the Arab Theater Authority, headed by Ismail Abdullah, Secretary-General of the Authority.

    The Sharjah Ruler welcomed the Secretary-General of the Arab Theater Authority and his accompanying delegation, praising the efforts exerted to improve the Arab theater and the events it organiSes in the countries of the Arab world.

    His Highness listened to a detailed explanation about the various activities of the authority including the Arab Theater Festival, forums and conferences, awards and competitions, and workshops.

    The Ruler of Sharjah discussed with the authority’s delegation proposals and plans to develop theatrical work in the Arab world by supporting playwrights, motivating writers, and upgrading theatrical work elements such as directing, preparing, designing, lighting, and theatrical performance.

    His Highness directed to increase the membership of the Board of Trustees of the Authority to include members from all Arab countries to support the development of the theater through the participation of all countries.

    The Sharjah Ruler also directed work to hold a conference to launch the Arab strategy for theatrical development 2023-2033, in addition to starting work on establishing the Arab Documentation Centre, and working on developing school theater in cooperation with Arab and international organisations specialised in theatre.

    Source: WAM – Emirates News Agency

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