Day: April 1, 2024

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Affluent African investors to feature at the Caribbean Investment Gateway Summit

Basseterre, April 01, 2024 (GLOBE NEWSWIRE) — The Investment Gateway Summit taking place in St. Kitts and Nevis, presents an exclusive opportunity for African high-net-worth individuals (HWNIs) to have a unique experience to ‘connect, celebrate and collaborate’ with like-minded global investors from 11 to 15 May.

Among those confirmed to attend are renowned leaders representing leading sectors in Africa. Notable figures from industries such as telecommunications, finance, energy, and agriculture have registered to participate in this exclusive event.

This remarkable five-day event will offer individuals the chance to gather for networking and interaction with industry leaders, featuring lively workshops, engaging panel discussions, cultural exhibitions, and a firsthand experience of the vibrant spirit of St. Kitts and Nevis.

These African investors will have the invaluable opportunity to broaden their international networking connections as they join hundreds of global citizens, entrepreneurs, and business leaders from key regions such as America, Singapore, Hong Kong, the UAE, and China at the summit. This convergence of diverse perspectives and expertise promises to facilitate cross-border collaborations, foster strategic partnerships, and unlock new avenues for growth and investment on a global scale.

‘Connect, Celebrate, Collaborate’ with economic citizens 

This Summit marks a pioneering milestone as the first of its kind globally, attracting African HNWIs, proud local and economic citizens, global investors, C-Suite executives, entrepreneurs, real estate developers, prospective St. Kitts and Nevis Citizenship by Investment (CBI) applicants, as well as local CBI Authorised Agents and International Marketing Agents.

Furthermore, each day of the Summit is designed for African investors to immerse themselves in discussions with the St. Kitts and Nevis Prime Minister, Honourable Dr. Terrance Drew, Government officials and explore the country’s attractions. The detailed agenda includes exhibits, interactive conferences and panel discussions.

African HNWIs can enquire about becoming exhibitors or sponsors of the Summit to connect with other African HNWIs with St. Kitts and Nevis citizenship, acquired through the CBI Programme. This will be a unique opportunity to create new partnerships via projects within the twin-federation and share visionary ideas.

St. Kitts and Nevis is prepared to welcome African HNWIs, entrepreneurs, highly talented Africans, prospective African CBI applicants and C-Suite African businesspeople to the country of possibilities and prosperity.

Attachment

Secretary of St. Kitts and Nevis Citizenship by Investment Programme
Government of St. Kitts and Nevis
00 (1-869) 467-1474
[email protected]

GlobeNewswire Distribution ID 9081778

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Economic citizens welcomed home to collaborate at the St Kitts and Nevis Investment Gateway Summit

Basseterre, April 01, 2024 (GLOBE NEWSWIRE) — St. Kitts and Nevis is gearing up to host their inaugural Investment Gateway Summit, which is a once-in-a-lifetime experience for its economic citizens to ‘connect, collaborate and celebrate’ with like-minded global investors. The Summit will take place from 11 to 15 May at the St. Kitts Marriot Resort, displaying world-class sustainable business and investment development practices in the twin-federation.

The St. Kitts and Nevis Investment Gateway Summit isn’t just about scripted speeches or glossy brochures—it’s about real conversations and tangible opportunities that global citizens can explore. The Summit also offers a range of opportunities to connect with industry leaders and fellow entrepreneurs.

With hundreds of attendees from countries spanning the globe, including the United Arab Emirates (UAE), Nigeria, Egypt, South Africa, Singapore, China, and more, the Summit promises unparalleled networking prospects.

Strategic Partnerships 

The 5-day long event will bring together economic citizens, policymakers, corporate leaders, business delegations, academia, and think tanks from across the globe to collectively explore business opportunities and forge new partnerships.

Local exhibitors and international sponsors will have a unique opportunity to showcase their businesses and promote their brands to this niche audience.

The Investment Gateway Summit is an opportunity for key stakeholders from businesspeople, economic citizens and governments to collaborate in sustainable development and connect for long-term collaborations. Participants will gain exclusive access to expertise and invaluable resources from reputable global leaders and investors.

The Summit will have interactive networking sessions, and panel discussions, including experiences around the twin-federation

Business Opportunities 

St. Kitts and Nevis is a prime business location in the Caribbean that offers eco-business practices and growth opportunities. Numerous factors make the twin-federation a favourable business environment, these include the country’s strategic location forming part of a gateway for international trade and investments.

Investment Gateway Summit Programme 

Each day the detailed agenda is packed with exciting events that will take place, such as an exclusive opportunity to celebrate with the Prime Minister of St. Kitts and Nevis, Honourable Dr. Terrance Drew in a private Gala Dinner, alongside other economic citizens and special guests.

The Gala Dinner is strictly by invitation, as there are limited tickets available, this will be your opportunity to connect, celebrate and collaborate with economic citizens, share values and inspiration.

The Programme includes unique opportunities for its guests to explore the idyllic island through events such as the St. Kitts Scenic Railway, create a memorable cultural experience on the Frigate Bay Strip, and learn about one of UNESCO’s World Heritage Sites, the historical Brimstone Fortress.

Partner with Us 

Interested in promoting your brand, business services, or exploring sponsorship opportunities? Please leave a comment here along with your inquiry in the contact form, and we will promptly respond with details on available packages.

Attachment

Secretary of St. Kitts and Nevis Citizenship by Investment Programme
Government of St. Kitts and Nevis
00 (1-869) 467-1474
[email protected]

GlobeNewswire Distribution ID 9081850

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Green energy opportunities for Middle Eastern HWNIs at the Investment Gateway Summit

Basseterre, April 01, 2024 (GLOBE NEWSWIRE) — The Investment Gateway Summit in St. Kitts and Nevis presents Middle Eastern high-net-worth individuals (HNWIs) an exclusive opportunity to venture into green energy investments.

St. Kitts and Nevis is set to make a significant impact on the global stage as it hosts the prestigious Investment Gateway Summit from 11 to 15 May. As the summit welcomes Middle Eastern HNWIs and top institutional investors worldwide, it presents a unique opportunity for collaboration and investment in renewable energy projects.

St. Kitts and Nevis is going beyond conventional expectations by prioritising sustainability and environmental stewardship. The decision to focus on green energy initiatives aligns with the nation’s goal of reducing carbon emissions and transitioning towards a more sustainable future.

This exclusive gathering of global investors is not only a showcase of the nation’s economic potential but also a testament to its commitment towards green energy initiatives.

By exploring numerous opportunities and engaging in collaborative efforts with industry stakeholders, investors can play a significant role in driving sustainable energy development both regionally and globally.

A chance to connect with other industry leaders 

The Summit will host networking events and forums where Middle Eastern investors can connect with industry experts, policymakers, and fellow investors. These interactions will foster collaboration and partnership opportunities in the green energy sector.

Workshops and panel discussions will focus on different subjects including green energy investment trends, regulatory frameworks, and technological advancements providing valuable insights for Middle Eastern investors. Collaborative sessions will also encourage knowledge exchange and idea sharing among participants.

The St. Kitts and Nevis Government is pushing towards creating a “green economy” and attracting more investments to manufacture solar panels, other parts for the solar industry, and geothermal energy to create more high-paying green jobs for its citizens. Geothermal energy promises to make St. Kitts and Nevis the first nation independent of fossil fuels for electricity generation, marking it the greenest place on earth. With new ambitions on their way, the twin-federation has a fantastic opportunity for investors in the renewable energy sector.

Attachment

Secretary of St. Kitts and Nevis Citizenship by Investment Programme
Government of St. Kitts and Nevis
00 (1-869) 467-1474
[email protected]

GlobeNewswire Distribution ID 9081780

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Social Solidarity announces launching new bank accounts for public donations to Gaza


Minister of Social Solidarity Nevine El-Qabbaj announced that the Arab Fund for Social Work has opened special bank accounts for the public to donate for aid and relief to Palestinians in the Gaza Strip.



Minister El-Qabbaj announced the opening of the new account in her capacity as chairperson of the Arab Council of Ministers of Social Affairs, which oversees the fund.



Below are the numbers of the bank accounts in US dollars, Egyptian pounds, and euros.



Account number 4730120000002864 in US dollars



Account number 4730001000002690 in Egyptian pounds



Account number 4730130000000208 in euros





Source: State Information Service Egypt



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Shoukry stresses Egypt’s categorical rejection of any military operation in Rafah


Foreign Minister Sameh Shoukry received Winston Peters, Deputy Prime Minister and Foreign Minister of New Zealand, as part of the New Zealand minister’s visit to Egypt during the period from March 31 to April 2.

Ambassador Ahmed Abu Zeid, the official spokesman for the Ministry of Foreign Affairs, said that the meeting dealt with the overall bilateral relations between Egypt and New Zealand, especially since this year witnesses the celebration of the fiftieth anniversary of establishing diplomatic relations between the two countries.

Shoukry expressed Egypt’s aspiration to host a round of political consultations at the level of assistant foreign ministers during the current year, which represents an opportunity to strengthen bilateral relations between the two countries in various frameworks and fields.

On the other hand, the two ministers addressed a number of regional files especially the situation in Gaza as shoukry warned from the continuing catastrophic humanitarian situation in the Gaza Strip, stres
sing the need for the Security Council to ensure the immediate implementation of Resolution 2728 and the entry of humanitarian aid to the Palestinian people in a safe, rapid and unhindered manner. The Foreign Minister also renewed Egypt’s categorical rejection of any scenarios targeting the forced displacement of Gaza’s residents, or the ground invasion of the Palestinian city of Rafah.

Source: State Information Service Egypt

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PM reviews situation of state IPO program


Prime Minister Mostafa Madbouli, held a meeting at the government headquarters in the New Administrative Capital, to follow up on sitiuation of the government proposals program, in the presence of Hassan Abdullah, Governor of the Central Bank, Engineer Tariq Al-Mulla, Minister of Petroleum and Mineral Resources, Hala Al-Saeed, Minister of Planning and Economic Development, and Mohamed Maait, Minister of Finance, Mahmoud Esmat, Minister of Public Business Sector, Ahmed Kjouk, Deputy Minister of Finance for Financial Policies, and officials of relevant ministries and authorities.

Prime Minister Mostafa Madbouli said the state is highly interested in the initial public offering (IPO) program since issuing the State Ownership Policy Document, which is aiming to boost the participation of the private.

Source: State Information Service Egypt

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TURKEY’S ERDOGAN SUFFERS BLOW IN CRUCIAL MAYORAL ELECTIONS AS SECULAR OPPOSITION SURGES


Turkey’s President Recep Tayyip Erdogan suffered a major blow on Sunday, with initial results showing the country’s main opposition party notched up regional election victories around the country.

The opposition Republican People’s Party (CHP) held onto or captured the country’s five biggest cities in Sunday’s vote, which had been seen as a make-or-break moment for a movement still reeling from Erdogan’s victory in the Turkish presidential contest in May 2023.

The CHP saw its biggest triumph in Istanbul, where Ekrem Imamoglu was reelected mayor. Europe’s biggest city, Istanbul accounts for 18 percent of Turkey’s population and a third of its economy.

In his victory speech delivered late Sunday, Imamoglu said the local election results would have big implications for the country’s political future.

‘Turkey will blossom into a new era in democracy as of tomorrow. March 31, 2024 is the day when democratic erosion ends and democracy begins to recover,’ he told a big crowd in Istanbul.

Imamoglu is seen as a f
uture challenger to Erdogan, and winning the city which catapulted the current president to national prominence when he won the mayorship 30 years ago is a symbolic achievement.

Erdogan conceded defeat and promised to listen to the message delivered by Turkish voters. ‘March 31 is not an end for us, but a turning point,’ he said.

Turkey’s long-serving leader – in office as president or prime minister since 2003 – had vowed to recapture the city where he had made his political career, and sent no fewer than 17 government ministers to campaign in Istanbul ahead of voting.

The CHP also won in Turkey’s capital, Ankara, as well as Izmir, Bursa and Adana, pushing its support to 37.4 percent nationwide with more than 90 percent of the votes counted.

Erdogan’s Islamist-based AK party trailed on 35.7 percent, losing conservative strongholds including Adiyaman, Afyonkarahisar and Zonguldak.

Selin Nasi, a visiting fellow at the European Institute of the London School of Economics, said the election suggested econom
ic factors had trumped Erdogan’s variety of identity politics.

Turkey has been wrestling with sky-high inflation for several years and according to official figures prices are still rising by 67 percent a year.

‘Conservative voters punished the AKP at the ballot box for the cost of living crisis,’ Nasi said, adding that the CHP had expanded beyond its coastal strongholds, increasing its vote in Turkey’s Anatolian heartlands.

Nasi added that the election would not only ‘inject new life into the CHP,’ but also consolidate the position of Imamoglu, who previously won the city’s mayorship twice in 2019 after the authorities annulled his initial election.

‘He is the only politician who succeeded in beating Erdogan three times,’ Nasi said.

Imamoglu swept the megacity with more than 51 percent of the votes, with the AKP’s candidate Murat Kurum trailing almost 10 points behind him.

A victory in Istanbul – widely considered a microcosm of Turkey – could have given Erdogan the political momentum and economic reso
urces to move ahead with his goal to amend the constitution to prolong his time in office.

Utku Çakirözer, a CHP member of parliament, hailed the result as a warning from voters to Erdogan’s AKP.

‘Voters gave a yellow card to the government,’ he told POLITICO, arguing that with massive support behind the opposition he now sees early elections as more likely.

Source: National News Agency – Lebanon

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Khaled bin Mohamed bin Zayed attends Abu Dhabi Government Ramadan evening

ABU DHABI: His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has attended the Abu Dhabi Government Ramadan evening.

Organised by Abu Dhabi Government at the Abu Dhabi National Exhibition Centre, the event hosted government employees and their families from different departments, entities and authorities.

H.H. Sheikh Khaled extended his heartfelt greetings to the attendees on the occasion of the holy month of Ramadan. He also prayed for further progress and prosperity for the nation and expressed warm wishes for enduring prosperity and blessings for Arab and Islamic nations worldwide.

H.H. Sheikh Khaled wished the Abu Dhabi Government officials and employees continued success in their work to further advance ongoing development initiatives and achieve greater milestones on the emirate’s journey of progress.

H.H. Sheikh Khaled also highlighted the significance of Ramadan gatherings in strengthening community engagement, ref
lecting long-standing Emirati customs and heritage and their pivotal role in strengthening social cohesion. He also met with the owners of several small and medium-sized businesses who shared their success stories with the audience.

The Abu Dhabi Government Ramadan evening serves as a cornerstone event in the calendar of government social activities and initiatives, cultivating a spirit of cooperation among government employees and creating broader avenues for exchanging views and ideas through enhanced communication channels.

Source: Emirates News Agency