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
[email protected]
+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 [email protected]

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 [email protected]

Contact Information

Joshua Leasure
Director Technology Sales, CARBO
[email protected]
281-921-6490

Anna Belova
VP Global Business Development, GEOSPLIT MIDDLE EAST FZE
[email protected]
+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
[email protected]
Mobile: +27 72 464 8965

GlobeNewswire Distribution ID 1000795319

Cabinet holds its weekly meeting at NAC to discuss important files

The Cabinet started its weekly meeting in the New Administrative Capital (NAC) on Wednesday 8/3/2023 under Prime Minister Mostafa Madbouli to discuss important economic, political and social files, as well as the latest developments regarding the impact of the Russian-Ukrainian crisis.

The meeting will discuss a number of draft bills and ministerial decisions aimed at achieving economic and social stability.

The Cabinet will also probe means to encourage investments, the prime minister’s recent visit to the Qatari capital Doha and national projects implemented across the various governorates, including projects of Decent Life presidential initiative.

The meeting will follow up on President Abdel Fattah El Sisi’s directives to activate the files of industry, investment, agriculture and exports, along with ways to provide commodities to citizens, in addition to the files of health, sports and tax.

Source: State Information Service Egypt

Egypt keen on attracting more foreign investments: Finance min

Minister of Finance Mohamed Maait asserted on Wednesday1/3/2023 Egypt’s keenness on effective contribution facilitating the international trade movement and attracting more foreign and local investments to help benefit from the strategic position.

In a statement on Wednesday 1/3/2023, Maait said that the program “Authorized Economic Operator” will be expanded to facilitate procedures dealing with the customs.

The minister said Egypt’s distinguished geographic locations and its strong infrastructure help increase investments and trade with world countries especially with African states.

Source: State Information Service Egypt

$9.13 mln from GEF to support air projects in Cairo

Environment Minister Yasmin Fouad has announced that a grant worth 9.13 million dollars will be provided by the Global Environment Facility (GEF) to expand the range of a project for managing air pollution and climate change in Greater Cairo.

In statements on Wednesday, the minister added that the environmental benefits of the project will be promoted at the local and international levels via improving the management of e-waste and healthcare.

Fouad said that the grant will contribute to improving the sectors of healthcare and digital transformation as main priorities for Egypt and supporting the developmental efforts that pays attention to the health of the citizens and achieve means of sustainable living.

Fouad highlighted the importance of this grant at a time of increasing need to manage the health and e-waste and expanding the systems of healthcare.

Source: State Information Service Egypt

Mashat: Implementing several projects for green transition

International Cooperation Minister Rania Mashat has underlined continued efforts with multilateral and bilateral development partners for promoting transition to green economy and circular economy, thus bolstering sustainable and comprehensive development.

She made the remarks on Wednesday while commenting on the World Bank’s approval to extend dlrs 9.13 million grant from the Global Environment Facility (GEF) to expand the scope of the Greater Cairo Air Pollution Management and Climate Change Project to include health and electronic waste.

The project aimed at focusing on reducing vehicle emissions, improving the management of solid waste, and confronting climate change and air pollution.

She said expanding the Greater Cairo Air Pollution Management and Climate Change Project falls within the government’s commitment to green transition depending on innovative methods to enhance the management of electronic and healthcare waste, primarily taking into account the health of citizens.

The project’s development will support Egypt’s climate strategy 2050 by creating a regulatory environment with data-driven decisions and awareness about waste management and recycling, she added.

“We are committed to supporting Egypt’s broader environmental preservation efforts,” said Marina Wes, World Bank Country Director for Egypt, Yemen, and Djibouti. “This project is also in line with our upcoming Country Partnership Framework with Egypt for FY 23-27, which puts people at the center of its strategy, and aims to support the country’s efforts to improve climate resilience while greening the economy.”

The project expansion aims to achieve its goal through supporting the country’s national action plan on the unintentional persistent organic pollutants, with special focus on strengthening the regulatory framework, data collection, management and monitoring, awareness raising, safe handling capacity and sector capacity of management of special types of waste and recycling.

Source: State Information Service Egypt

Egypt voices condolences over Greece train crash

Egypt voiced its sincere condolences to Greece over the crash of two trains that collided head-on near the city of Larissa in central Greece resulting in the death and injury of scores of people.

A Foreign Ministry statement said on Wednesday 1/3/2023, the Egyptian government and people offer their deepest condolences to the families of the victims of the crash, wishing the injured a speedy recovery.

Egypt also reiterated its solidary with the Greek government and people over the tragic mishap, according to the statement.

A passenger train travelling from Athens to the northern city of Thessaloniki collided Tuesday night with a cargo train outside the city of Larissa in central Greece.

Source: State Information Service Egypt