Day: March 1, 2023

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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

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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

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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

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Polyanskiy: Israeli attacks on Syria a flagrant violation of international law

New York, SANA- First Deputy Permanent Representative of the Russian Federation to the UN, Dmitry Polyanskiy, has stressed the need to stop the repeated Israeli attacks on Syrian territory, the most recent of which was the attack that targeted points in and around Damascus which caused the martyrdom of five people and the injury of 15 others.

“We strongly condemn the Israeli military acts as a flagrant violation of international law, and we strongly urge the Israeli side to stop armed provocations against Syria and refrain from steps that are fraught with dangerous consequences for the entire region,” Polyanskiy said during a session of the Security Council on Wednesday.

Polyanskiy added that Moscow proceeds from the fact that the continuation of such practices is completely unacceptable, especially when many countries of the world, including Russia, are helping the Syrians to overcome the repercussions of the devastating earthquake that struck Syria.

Source: Syria Arab News Agency

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Pedersen: Humanitarian response to earthquake victims in Syria an urgent priority

New York, SANA- United Nations (UN) Special Envoy for Syria Geir Pedersen, has affirmed that the emergency humanitarian response to the earthquake-affected people is an urgent priority in Syria, calling for the non-politicization of the aid file.

In a briefing to the UN Security Council, broadcast by the United Nations website, Pedersen highlighted the need for emergency response in support of the humanitarian duty and to allow aid to arrive by all ways and means.

Pedersen added that this is the right time for everyone to donate quickly and generously to Syria and remove all obstacles that prevent relief from reaching the Syrians in all affected areas.

Pedersen praised the Syrian government’s initiative to open the crossings for aid to reach the northwestern regions of the country.

Source: Syria Arab News Agency

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Abdollahian: Unjust blockade on Syria must be lifted to improve humanitarian situation

Geneva, SANA- Iranian Foreign Minister Hossein Amir-Abdollahian has underlined the necessity of lifting the unjust embargo imposed on Syria in order to improve the humanitarian situation in the country.

Unfortunately, the recent earthquake that jolted Syria has worsened the difficult humanitarian situation in some regions compared to the past, therefore it is necessary to lift imposed embargo, IRNA News Agency quoted Abdollahian as saying during his meeting with Under-UN Deputy Secretary-General for Humanitarian Affairs in Geneva, Martin Griffiths

He highlighted the humanitarian aid provided by Iran to Syria after the recent earthquake, adding that as in the past, Tehran is always ready to cooperate with UN and Special Envoy of the Secretary-General in order to improving health and humanitarian conditions in Syria

In turn, Griffiths expressed his hope of the positive impact of recent political developments on Arab relations with Syria.

Source: Syria Arab News Agency

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UN APPEALS FOR $4.3 BN TO HELP MILLIONS IN WAR-TORN YEMEN

The United Nations said it needed $4.3 billion this year to help millions of people in war-ravaged Yemen, ahead of a donors’ conference on Monday.

Aid agencies need the money to help more than 17 million people in the country, which has been devastated by an eight-year civil war.

The conflict has claimed hundreds of thousands of lives and plunged the poorest country on the Arabian Peninsula into one of the world’s worst humanitarian tragedies.

Yemen is also at the forefront of the climate crisis, with severe drought and flooding threatening lives, the UN said.

It acknowledged that “record global humanitarian needs are stretching donor support like never before”.

“But without sustained support for the aid operation in Yemen, the lives of millions of Yemenis will hang in the balance, and efforts to end the conflict once and for all will become even more challenging,” it said in a statement.

In 2015, a Saudi-led coalition intervened to back the government after the Huthis seized control of the capital Sanaa and large swathes of the country.

A truce that began on April 2 last year expired on October 2.

UN chief Antonio Guterres, who will attend Monday’s donor conference in Geneva, said the international community had “the power and the means to end this crisis”.

“And it begins by funding our appeal fully and committing to disbursing funds quickly,” he said in the statement.

Last year, the UN raised more than $2.2 billion to enable aid agencies to reach nearly 11 million people across the country every month.-

Source: National News Agency

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AT LEAST FOUR DEAD AFTER 5.2-MAGNITUDE EARTHQUAKE HITS EASTERN TURKEY

At least four people have died after a 5.2-magnitude earthquake struck eastern Turkey on Monday, an Al Arabiya correspondent said.

The quake was at a depth of 5 kilometers (3.10 miles), said EMSC, which had earlier reported that the quake was of a higher magnitude before revising the number.

Monday’s earthquake was centered in the town of Yesilyurt in Malatya province, the country’s disaster management agency said.

Yesilyurt’s mayor, Mehmet Cinar, told HaberTurk television that a few buildings had collapsed in the town.

Malatya was among 11 Turkish provinces that was hit hard by the magnitude 7.8 earthquake that devastated parts of southern Turkey and northern Syria on Feb. 6.

That quake led to more than 48,000 deaths in both countries as well as the collapse or serious damage of 173,000 buildings in Turkey.

AFAD, Turkey’s disaster management agency, said that close to 10,000 aftershocks have hit the region affected by the quake since Feb. 6.

Turkey has arrested 184 people suspected of responsibility for the collapse of buildings in this month’s earthquakes and investigations are widening, a Turkish minister said on Saturday.—Agencies

Source: National News Agency

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MAWLAWI MEETS KSA INTERIOR MINISTER IN TUNISIA CONFERENCE

Caretaker Minister of Interior and Municipalities, Judge Bassam Mawlawi, on Wednesday held a meeting with KSA Minister of Interior, Prince Abdulaziz bin Saud bin Nayef bin Abdulaziz Al-Saud, on the sidelines of the Arab Interior Ministers Conference in Tunisia.

Minister Mawlawi expressed Lebanon’s constant concern for Arab security, especially the security of the Kingdom of Saudi Arabia and its society.

He stressed commitment to “fighting drugs, preventing their export to Arab countries, combating terrorism, and strengthening security cooperation in this regard.”

“Our effort in Lebanon will focus on building the state and trust with the Arab community,” Mawlawi said.

Source: National News Agency