Day: May 8, 2023

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Global Autonomous Corporation (GAC), a Subsidiary of Alpine 4 Holdings Nasdaq: (ALPP), Establishes a Presence in the United Arab Emirates

PHOENIX, AZ / ACCESSWIRE / May 8, 2023 / Alpine 4 Holdings, Inc. (NASDAQ:ALPP), a leading operator and owner of small market businesses, announces that its subsidiary, Global Autonomous Corporation (GAC) has selected Dubai, United Arab Emirates, as its first international point. The Company is working towards the deployment of the GAC Fulfillment Delivery Network in and around Dubai, dubbed “The City of the Future,” as they have a proven willingness to adopt new and emerging concepts and technologies. The Alpine 4 Executive Team are in Dubai May 8th-15th to establish a new office in the heart of Dubai’s technology epicenter, near the Burj Khalifa, that will support strategic business functions, including kiosk operations, flight management and business infrastructure. Additionally, Alpine 4 /GAC’s UAE based consultants, Ghani Consulting, have set up meetings with top officials within several agencies and authorities including: the Dubai Civil Aviation Authority, Dubai Smart City and Silicon Oasis, Dubai Roads and Transportation Authority, Dubai Police Ports, Dubai Small Medium Enterprise, H.E Helal Saeed Almarri, General Manager of Dubai’s Economy and Tourism Authority, and the Dubai Future Foundation to further the initiatives of GAC. As GAC expands into Dubai and throughout the UAE, the Company seeks to add Dubai’s highly skilled local workforce as it aims to immediately add executives and support staff to meet GAC’s growth initiatives, subsequently supporting the local economy of Dubai.

Kent Wilson, CEO of Alpine 4 and Global Autonomous Corporation had this to say, “After visiting Dubai in late September 2022, the Company concluded that Dubai, and by a larger part, the UAE, represents an ideal host city and country for the inaugural deployment of the GAC Mesh Fulfillment Network due to their regulatory desire and potential user base to see these technologies deployed. We also understood the magnitude of choosing Dubai as the first city to receive the GAC Mesh Fulfillment Network, as the City’s commitment to embracing new technologies is second to none around the world. This is the perfect environment to showcase our Vayu Aerospace American Made G1 Drones to the UAE and future US-2’s. I want to personally say thank you to all the hard-working groups that have brought us to this point; we look forward to a long and prosperous relationship with Dubai and the UAE.”

To lean more about the various agencies and authorities the Alpine Team will be meeting with, visit:

https://www.dcaa.gov.ae/

https://www.dubaifuture.ae/

https://www.dsoa.ae/

https://www.rta.ae/wps/portal/rta/ae/home?lang=en

https://sme.ae/Default/en

https://www.dubaitourism.gov.ae/en/

About Global Autonomous Corporation: Global Autonomous Corporation’s (GAC) mission is direct and resolute. Create a simple, pleasant, and meaningful user experience to deliver goods autonomously.

https://gacusa.global/

About Alpine 4 Holdings: Alpine 4 Holdings, Inc. is a Nasdaq traded Holding Company (trading symbol: ALPP) that acquires business, wholly, that fit under one of several portfolios: Aerospace, Defense Services, Technology, Manufacturing or Construction Services as either a Driver, Stabilizer or Facilitator from Alpine 4’s disruptive DSF business model. Alpine 4 works to vertically integrate the various subsidiaries with one another even if from different industries. Alpine 4 understands the nature of how technology and innovation can accentuate a business, focusing on how the adaptation of new technologies, even in brick-and-mortar businesses, can drive innovation. Alpine 4 also believes that its holdings should benefit synergistically from each other, have the ability to collaborate across varying industries, spawn new ideas, and create fertile ground for competitive advantages.

Four principles at the core of our business are Synergy. Innovation. Drive. Excellence. At Alpine 4, we believe synergistic innovation drives excellence. By anchoring these words to our combined experience and capabilities, we can aggressively pursue opportunities within and across vertical markets. We deliver solutions that not only drive industry standards, but also increase value for our shareholders.

Contact: Investor Relations

[email protected]

www.alpine4.com

Forward-Looking Statements: Certain statements and information in this press release may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the Private Securities Litigation Reform Act of 1995. The information disclosed in this press release is made as of the date hereof and reflects Alpine 4 most current assessment of its historical financial performance. Actual financial results filed with the SEC may differ from those contained herein due to timing delays between the date of this release and confirmation of final audit results. These forward-looking statements are not guarantees of future performance and are subject to uncertainties and other factors that could cause actual results to differ materially from those expressed in the forward-looking statements including, without limitation, the risks, uncertainties, including the uncertainties surrounding the current market volatility, and other factors the Company identifies from time to time in its filings with the SEC. Although Alpine 4 believes that the assumptions on which these forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate and, as a result, the forward-looking statements based on those assumptions also could be incorrect. You should not place undue reliance on these forward-looking statements. The forward-looking statements contained in this release are made as of the date hereof, and Alpine 4 disclaims any intention or obligation to update the forward-looking statements for subsequent events.

Other factors that may affect our businesses include global economic trends, competition and geopolitical risks, including changes in the rates of investment or economic growth in key markets we serve, or an escalation of sanctions, tariffs or other trade tensions between the U.S. and China or other countries, and related impacts on our businesses’ global supply chains and strategies; market developments or customer actions that may affect demand and the financial performance of major industries and customers we serve, such as secular, cyclical and competitive pressures in our Technology, Construction and Manufacturing businesses; pricing, the timing of customer investment and other factors in these markets; demand for our products or other dynamics related to the COVID-19 pandemic; conditions in key geographic markets; and other shifts in the competitive landscape for our products and services; changes in law, regulation or policy that may affect our businesses, such as trade policy and tariffs, regulation and the effects of tax law changes; our decisions about investments in research and development, and new products, services and platforms, and our ability to launch new products in a cost-effective manner; our ability to increase margins through implementation of operational changes, restructuring and other cost reduction measures; the impact of actual or potential failures of our products or third-party products with which our products are integrated, and related reputational effects; the impact of potential information technology, cybersecurity, or data security breaches at Alpine 4, our subsidiaries or third parties; and the other factors that are described in “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2022, as updated in our Quarterly Reports on Form 10-Q.

SOURCE: Alpine 4 Holdings, Inc.

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Recursion Enters into Agreements to Acquire Cyclica and Valence to Bolster Chemistry and Generative AI Capabilities

SALT LAKE CITY and TORONTO and MONTRÉAL, May 08, 2023 (GLOBE NEWSWIRE) — Recursion (NASDAQ: RXRX), a leading clinical stage TechBio company decoding biology to industrialize drug discovery, today announced it has signed agreements to acquire two companies in the AI-enabled drug discovery space: Cyclica and Valence.

“Recursion has pioneered the massive, parallel generation of -omics data with machine learning in order to map and navigate biology to discover new medicines faster. The strategic acquisitions of Cyclica and Valence add industry-leading capabilities in digital chemistry, as well as machine-learning and artificial intelligence, which combined with our large-scale automated wet-laboratories and supercomputing capabilities, enables us to deploy what I believe is the most complete, technology-enabled drug discovery solution in the biopharma industry. We look forward to showing the world proof of the compounding benefit of this full-stack approach through the rapid acceleration of our pipeline and partnerships. Amidst a rapidly accelerating global race for technology talent, these acquisitions cement Recursion as the center of gravity for the best and brightest in ML and AI who want to reimagine how drugs are discovered,” said Chris Gibson, Ph.D., Co-Founder and CEO of Recursion. “I am so excited to welcome the Cyclica and Valence teams to Recursion, especially at such a dynamic moment in history when machine learning and artificial intelligence are creating so much rapid change across every industry.”

Cyclica, headquartered in Toronto, has built two highly differentiated products in the digital chemistry space which will be integrated into the RecursionOS. MatchMaker™ is an AI-enabled deep learning engine that predicts the polypharmacology of small molecules as the foundation for small molecule drug discovery. It is able to generalize across the proteome and uses both AlphaFold2 structures and homology models. POEM™ (Pareto Optimal Embedding Model) is a unique similarity-based property prediction model. In contrast to other AI prediction models, POEM uses multiple types of molecular fingerprints to describe molecules, providing a much richer measure of similarity that leads to greater accuracy.

“Cyclica and Recursion both believe in the value of industrializing drug discovery,” said Naheed Kurji, CEO and Co-Founder of Cyclica. “Combining our proteome-wide prediction of small molecule-target interactions into Recursion’s data universe will create one of the largest fit-for-purpose biological and chemical datasets in the drug discovery space. Together, I believe Recursion will have an immense impact on human health in the years to come.”

Valence, headquartered in Montréal at Mila, the world’s largest deep learning research institute, is committed to unlocking the full potential of deep learning in the drug discovery process. The company has pioneered the application of low-data learning in drug design, unlocking the ability to design differentiated small molecules with improved properties and function from datasets too small, sparse, or noisy for traditional deep learning methods. Valence has an unparalleled track record of innovation in molecular machine learning, including best-in-class methods for AI-enabled structural biology, generative chemistry, and multi-parametric optimization, ultimately enabling the design of best-in-class or first-in-class chemistry against challenging biology.

“The integration of Valence’s powerful AI-based chemistry engine into Recursion’s diverse and data-rich operating system will help unlock the true power of AI-first digital chemistry and drug discovery,” said Daniel Cohen, CEO and Co-founder at Valence Discovery. “Recursion is a leader in technology-enabled drug discovery with a proven track record of leveraging data to uncover novel biology, and I’m thrilled for our teams to join forces and combine our respective strengths to rapidly advance new medicines to patients who need them.”

Joining forces with Recursion’s Montréal deep learning research office, Valence will become an artificial intelligence and machine learning research center to be led by Daniel Cohen with continued advisory from Yoshua Bengio.

“The acquisition of Valence gives Recursion the opportunity to create a true center of excellence for some of the most compelling AI/ML research in the world,” said Yoshua Bengio, deep learning pioneer and scientific advisor to both Recursion and Valence. “With this newly integrated group housed in the Mila ecosystem, Recursion’s team of researchers in AI and ML for drug discovery reaches a critical mass at a crucial time in the development of new AI algorithms for scientific discovery.”

Terms of the Acquisitions

Recursion has entered into agreements to acquire Cyclica for a purchase price of $40 million and Valence for a purchase price of $47.5 million, in each case subject to customary closing and post-closing purchase price adjustments. The purchase price in the acquisitions will be payable in the form of shares of Recursion Class A common stock, shares of a subsidiary of Recursion exchangeable for shares of Recursion’s Class A common stock and the assumption of certain outstanding Valence and Cyclica options. In certain limited circumstances, Recursion may pay nominal cash consideration to Valence and Cyclica shareholders in lieu of such exchangeable shares or Recursion Class A common stock. Recursion expects no material change to its cash runway as a result of these acquisitions. Recursion expects both acquisitions to be completed in the second quarter of 2023, subject to applicable closing conditions.

About Recursion
Recursion is a clinical stage TechBio company leading the space by decoding biology to industrialize drug discovery. Enabling its mission is the Recursion OS, a platform built across diverse technologies that continuously expands one of the world’s largest proprietary biological and chemical datasets. Recursion leverages sophisticated machine-learning algorithms to distill from its dataset a collection of trillions of searchable relationships across biology and chemistry unconstrained by human bias. By commanding massive experimental scale — up to millions of wet lab experiments weekly — and massive computational scale — owning and operating one of the most powerful supercomputers in the world, Recursion is uniting technology, biology and chemistry to advance the future of medicine.

Recursion is headquartered in Salt Lake City, where it is a founding member of BioHive, the Utah life sciences industry collective. Recursion also has offices in Toronto, Montréal and the San Francisco Bay Area. Learn more at www.Recursion.com, or connect on Twitter and LinkedIn.

About Cyclica
As a neo-biotech, Cyclica is efficiently advancing an industry-leading, robust and sustainable drug discovery portfolio focused on CNS, oncology, and auto-immune diseases. Cyclica has built the only generalizable platform across the entire proteome, expanding the target space for low-data targets, including AlphaFold2 structures, PPIs, and mutant oncogenic targets. Cyclica has brought together a diverse and experienced team of biologists, chemists, computer scientists, and business professionals who are collectively passionate about changing the drug discovery paradigm. By exploring the unexplored, and drugging the undrugged, Cyclica strives to impact patient health like never before. For more information, please visit: www.cyclicarx.com.

About Valence Discovery
Valence is harnessing a revolution in computation to improve human health. The company is a leader in developing and deploying AI and physics-based technologies to enable the design of differentiated small molecules with improved properties and function. Following successful partnerships with leading biotech and pharmaceutical companies, and an unparalleled track record of innovation featured in top AI journals and conferences, Valence has built a team of interdisciplinary industry veterans and computational experts focused on rapidly advancing a portfolio of internal drug discovery programs. Valence launched publicly in 2021, is supported by leading biotech and deeptech investors, and is headquartered in Montréal. To learn more, please visit www.valencediscovery.com.

Media Contact

[email protected]

Investor Contact
[email protected]

Forward-Looking Statements
This document contains information that includes or is based upon “forward-looking statements” within the meaning of the Securities Litigation Reform Act of 1995, including, without limitation, those regarding the timing and completion of the Cyclica and Valence acquisitions and the outcomes and benefits expected from such acquisitions; Recursion OS and other technologies; business and financial plans and performance, including cash runway; and all other statements that are not historical facts. Forward-looking statements may or may not include identifying words such as “plan,” “will,” “expect,” “anticipate,” “intend,” “believe,” “potential,” “continue,” and similar terms. These statements are subject to known or unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements, including but not limited to: challenges inherent in pharmaceutical research and development, including the timing and results of preclinical and clinical programs, where the risk of failure is high and failure can occur at any stage prior to or after regulatory approval due to lack of sufficient efficacy, safety considerations, or other factors; our ability to leverage and enhance our drug discovery platform; our ability to obtain financing for development activities and other corporate purposes; the success of our collaboration activities; our ability to obtain regulatory approval of, and ultimately commercialize, drug candidates; our ability to obtain, maintain, and enforce intellectual property protections; cyberattacks or other disruptions to our technology systems; our ability to attract, motivate, and retain key employees and manage our growth; inflation and other macroeconomic issues; and other risks and uncertainties such as those described under the heading “Risk Factors” in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K. All forward-looking statements are based on management’s current estimates, projections, and assumptions, and Recursion undertakes no obligation to correct or update any such statements, whether as a result of new information, future developments, or otherwise, except to the extent required by applicable law.

GlobeNewswire Distribution ID 8833750

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Plastic Bank’s communities stop four billion bottles equivalent plastic from reaching the ocean

30,000+ collection members exchanged ocean-bound plastic waste for life-improving benefits

Plastic Bank collection community member in Bali, Indonesia
Sarito, a Plastic Bank collection community member, collects plastic waste using his collection cart around a residential area in Denpasar, Bali, Indonesia

VANCOUVER, British Columbia, May 08, 2023 (GLOBE NEWSWIRE) — Plastic Bank has empowered communities around the globe to stop 80 million kilograms of plastic, the equivalent of 4 billion bottles, from reaching the ocean. This milestone is achieved in the year when the social enterprise celebrates its 10th anniversary.

As Plastic Bank enters its second decade, its mission to turn off the tap to ocean plastic evolves into a Social Recycling movement that enables people to become the change they seek in our world.

“Plastic pollution cannot be solved by impact contributions and the use of recycled materials alone. This quest has to be human-powered where we strive for perpetual behavioural change and become mindful of our impact on our planet,” said David Katz, Founder & Chairman, Plastic Bank. “Our 10th anniversary is the beginning of a new era where we become the Humans of Social Recycling – humans who believe that the creation of a wasteless world starts with us.”

Shaun Frankson, Co-Founder & Chief Technology Officer, Plastic Bank, added: “Everyone has a role to play in creating an authentic and sustainable impact. It’s up to each of us to take responsibility for our actions and help create a future where ocean plastic and poverty do not exist, to begin with.”

“We would like to thank our communities, partners, collection members, branch owners, processors, and employees for being part of the Social Recycling movement. But this is just the beginning. Together, we will continue to reveal value, improve lives, create circular and sustainable opportunities for people and the planet,” said Benjamin Lavoie, CEO, Plastic Bank.

Today, Plastic Bank and its communities have mobilized over 500 recycling communities in Southeast Asia, Latin America, and Africa, and helped more than 30,000 members to pave a path out of poverty with the support of over 170 partners, including SC Johnson, Henkel, Advansa, CooperVision, and Davines.

Join Plastic Bank’s Social Recycling movement at plasticbank.com.

About Plastic Bank

Plastic Bank envisions a wasteless world. We empower the Social Recycling movement that stops ocean plastic and helps alleviate poverty. Our collection communities exchange plastic waste as currency for income and life-improving benefits. Exchanges are recorded through our proprietary blockchain-secured platform that enables traceable collection, secures income, and verifies reporting. Collected material is processed into Social Plastic® feedstock for reuse in products and packaging.

PlasticBank® and Social Plastic® are trademarks of The Plastic Bank Recycling Corporation.

Learn more at plasticbank.com.

Additional Resources for Editor

10th Anniversary Interview with David Katz, Founder and Chairman of Plastic Bank: https://www.youtube.com/watch?v=r5CSNPOQSgI
10th Anniversary Video on the Humans of Social Recycling: https://youtu.be/nyKtE89uD-w

Contact

Esh Engao
E: [email protected]
Ph: +1 604 263 7443 ext. 704

Melissa Cape
E: [email protected]
Ph: +1 604 561 4977

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/98e64801-548c-4446-9bae-7f61ba1ea969

GlobeNewswire Distribution ID 8833716

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Chinese yuan weakens to 6.9158 against US dollar Monday

BEIJING, 8th May, 2023 (WAM) — The central parity rate of the Chinese currency renminbi, or the yuan, weakened 44 pips to 6.9158 against the US dollar Monday, according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day, the state news agency (Xinhua) reported. The central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. Rola AlGhoul/ Esraa Esmail

Source: Emirates News Agency (WAM)

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Abu Dhabi Grand Slam Jiu-jitsu World Tour concludes

ABU DHABI, 7th May, 2023 (WAM) — Commando Group emerged victorious on the final day of the final leg of the highly anticipated Abu Dhabi Grand Slam Jiu-Jitsu World Tour 2022-2023 (ADGS – Abu Dhabi) at Mubadala Arena in Zayed Sports City. The competitions for the professional division saw fierce fights from top-notch athletes from around the world, making for an exciting spectacle. In a spectacular display of skill, Commando Group showcased their prowess on the mats, clinching first place in the professional category and cementing their position as one of the top jiu-jitsu clubs in the world. A.F.N.T. put up a strong fight and secured second place, while Baniyas took third place. The closing day marked the end of the ADGS 2022-2023 season, and the top players in the black belt division, who performed admirably throughout the season and earned the highest rankings were honored in a grand ceremony. The list of women winners includes Brazilians Diana Teixeira (49 kg), Ana Rodriguez (55 kg), Julia Alves (62 kg), Izadora Silva (70 kg), and Gabrieli Pessanha (95 kg). Among the men who were ranked top are Emirati Zayed Al Kathiri (56 kg), Brazilians Leonardo Mario (62 kg), Meyran Alves (69 kg), Lucas Protasio (77 kg), Jansen Ramos (85 kg), Catriel Fernandes (94 kg), and Yatan Bueno (120 kg). The competitions were graced by the presence of many dignitaries, including Sheikh Hamdan bin Sultan bin Hamdan Al Nahyan; Aref Al Awani, Secretary-General, Abu Dhabi Sports Council; Brigadier Mohammed bin Dalmouj Al Dhaheri, board member of the UAE Jiu-Jitsu Federation (UAEJJF); Mansour Al Dhaheri, board member of the UAEJJF; and Tariq Badran, Director of Investments at the Zayed Charitable and Humanitarian Foundation, and a number of officials, guests, and representatives of the participating academies. Mansour Al Dhaheri emphasised the excellent international level that the sport of jiu-jitsu has achieved in the UAE. “The UAE and its capital, Abu Dhabi, have played a significant role in advancing jiu-jitsu globally, and it has been attracting elite players from all over the world. This is the result of the unlimited support of the wise leadership headed by His Highness Sheikh Mohammed bin Zayed Al Nahyan, the President of the UAE,” he said. Meanwhile, Aref Al Awani stated, “We are pleased with the Abu Dhabi Grand Slam Championship’s progress year after year, as its success resonates in major global capitals. The capital of Abu Dhabi is leading the way in spreading and developing the sport of jiu-jitsu worldwide, and the participation of elite stars in the championship in Abu Dhabi is evidence of this. I extend my congratulations to all those responsible for this huge success.” Tareq Al Bahri, General Manager at AJP, congratulated all the champions who were crowned first in the annual AJP rankings for the Grans slam World Tour 2022-2023. “This tournament has seen tremendous success at all levels, and the city of Abu Dhabi has welcomed over 1,000 male and female players from 80 academies and 53 countries worldwide during the final round,” he said. Emirati champion Zayed Al Kathiri continued his dominance in the sport by achieving a gold medal in the professional black belt category at 56 kg and also securing the first position in the ADGS ranking for the same category. “I am very happy on a personal level with this achievement. I am thrilled to have raised my country’s flag on the podium. I dedicate this achievement to my loyal fans, coaching staff, and the UAE Jiu-Jitsu Federation, which paves the way for the players of the UAE to progress and rise,” he said. Khaled Mohammed Al Shehhi, a player for the UAE national team and Al Ain club, expressed his happiness at winning the gold in the 62 kg, black belt, professional category. “I, like everyone else, aspire to achieve the Abu Dhabi Grand Slam title, especially since it is the final round of the Abu Dhabi Grand Slam championship series, and its points count towards the Abu Dhabi World Jiu-Jitsu Award at the end of the year. I am grateful to everyone who has supported me in my career to reach this accomplishment,” he stated.

Source: Emirates News Agency (WAM)

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ADMSC signs strategic agreement with Delma Co-operative Society for the sponsorship of Dalma Historical Race Festival

ABU DHABI, 7th May, 2023 (WAM) – Abu Dhabi Marine Sports Club (ADMSC) has signed strategic partnership agreement with Delma Co-operative Society for the sponsorship of the 6th Dalma Historical Race Festival. The agreement was signed on the sidelines of the festival, which was launched on 28th April, 2023, on the Delma Islan, in the presence of Salem Al-Rumaithi, Director-General of the ADMSC, and Ibrahim Mazrouei, member of the board of directors of the Delma Co-operative Society. The Festival continues to attract sponsors and supporters for one of the largest and longest sailing races of the 60-foot category, as it is considered the largest race of this category, not only in the region, but also in the world. Organised by the Cultural Programmes and Heritage Festival Committee and Abu Dhabi Marine Sports Club, the festival will feature the world’s longest 60ft dhow race running for 125km as well as a local souq, traditional activities, competitions and handicrafts, preserving the emirate’s marine heritage for future generations. The race, the date of which will be announced later, will feature 125 dhows. The Dalma Historical Race Festival aims to preserve the nation’s identity and heritage and promote the maritime heritage of the Emirate of Abu Dhabi. Additionally, the festival shines a light on Dalma Island and a number of islands in the Al Dhafra region in the Emirate of Abu Dhabi, highlighting their historical value and natural beauty. The festival has become a distinctive feature on the map of the marine heritage festivals. The traditional Dalma Festival is a heritage painting that invites the citizens of the country to reflect on the values of the past, history, civilization, development and the achievements.

Source: Emirates News Agency (WAM)

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Petra, Orange discuss cooperation

Director General of Jordan News Agency (Petra), Fayrouz Mobaideen on Monday received Orange CEO, Philippe Mansour and the accompanying delegation. The meeting covered mechanisms of joint cooperation in many fields, especially those related to applications that support Petra’s media productions, in line with global technology advancements. Mobaideen expressed Petra’s appreciation for Orange’s role in developing its strategic partnership with the agency, especially with regard to technological and technical aspects. Mansour, who recently assumed his position, voiced Orange’s keenness to develop its cooperation with Petra, especially in the application development field. Mansour was previously part of Orange international company with a wide and varied expertise in many sectors gained through his career and previous positions in several high-level institutions and bodies. Orange Executive Director for Corporate Communication and Sustainability, Rana Dababneh, and a number of Petra’s directors attended the meeting.

Source: Jordan News Agency

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FM, Dutch counterpart hold extended talks, 4th, final add

“We will keep working towards forming this committee, and I will contact His Excellency the Syrian Foreign Minister soon to discuss how to reflect this agreement into a clear working mechanism that helps us confront this danger and limit it. We are in contact and our channels are open with the Syrian government,” Safadi added. Responding to a question on increasing the Dutch government’s support provided to the Kingdom to reduce its burdens, the Dutch minister said, “Jordan is making a great and exceptional effort to host refugees, compared to its population, at a rate that is one of the largest in the world,” adding, “We need solidarity for this, and these are issues we discussed, and there are messages that we will take to the European Council, and there are many discussions.” Commenting on tourism cooperation, Hoekstra said, “Petra is one of the wonders of the world, and it is a great tourist destination, and we encourage citizens in the Netherlands to visit it, and visit the Kingdom,” noting that opportunities exist for business development, and tourism is part of it. Diplomatic relations between the two kingdoms date back to 1951. The volume of trade exchange last year amounted to $388 million. The Netherlands was the first destination for Jordanian exports to Europe last year, as Jordanian exports to the Netherlands last year amounted to $174 million.

Source: Jordan News Agency