Exodus Movement, Inc. Announces Uplist to NYSE American Exchange

OMAHA, Neb., May 06, 2024 (GLOBE NEWSWIRE) — Exodus Movement, Inc. (OTCQX: EXOD) (“Exodus” or the “Company”), the leading self-custodial cryptocurrency software platform, today announced that its common stock has been approved for listing on the NYSE American stock exchange. The Company’s Class A common stock, par value $0.000001 (the “Common Stock”), will begin trading on the NYSE American under its current symbol, “EXOD,” at the open of trading on May 9, 2024. The Common Stock will continue to trade on the OTCQX until the close of market on May 8, 2024. Current stockholders of the Company do not need to take any action prior to the Company’s expected listing on the NYSE American.

“Uplisting to the NYSE American marks a significant milestone in our journey. Trading on the NYSE American will allow Exodus to create greater long-term value for our stockholders by increasing our presence within the investor community and, in turn, increase liquidity,” said JP Richardson, CEO and co-founder of Exodus. “We believe the uplisting will broaden the awareness of Exodus.”

About Exodus

Exodus is on a mission to help half the world exit the traditional finance system. Founded in 2015, Exodus is a multi-asset software wallet that removes the geek requirement and keeps design a priority to make cryptocurrency and digital assets easy for everyone. Available for desktop, mobile and browser, Exodus allows users to secure, manage and swap cryptocurrencies like Bitcoin, Ethereum, and more across an industry-leading 10,000+ asset pairs from a beautiful, easy-to-use wallet. The self-custodial functionality is encrypted locally on users’ own devices, ensuring privacy, security and complete control over their wealth. For more info visit exodus.com.

Investor Contact
[email protected]

Forward-Looking Statements

This press release contains forward-looking statements that are based on our beliefs and assumptions and on information currently available to us as of the date hereof. In some cases, you can identify forward-looking statements by the following words: “will,” “expect,” “would,” “intend,” “believe,” or other comparable terminology. Forward-looking statements in this document include, but are not limited to, quotations from management regarding confidence in our products, services, business trajectory and plans, and certain business metrics. These statements involve risks, uncertainties, assumptions and other factors that are difficult to predict and may cause actual results or performance to be materially and adversely different.

Factors that might cause such a difference include, but are not limited to: expectations regarding future customer adoption of Exodus for dApps, DeFi and NFTs compared to its competitors; the ongoing conflict in Ukraine, the impact of sanctions or other restrictive actions, by the United States and other countries, and the potential response by Russia thereto; difficulties predicting user behavior and changes in user spending habits as a result of, among other things, prevailing economic conditions, levels of employment, salaries and wages, inflation and consumer confidence; unexpected or rapid changes in the growth or decline of our domestic and/or international markets; increasing competition from existing and new competitors; rapidly evolving and groundbreaking advances that fundamentally alter the digital asset and cryptocurrency industry; continued compliance with regulatory requirements; volatility in the price of cryptocurrencies, such as Bitcoin, and other digital assets; the possibility that the development and release of new products or enhancements to existing products do not proceed in accordance with the anticipated timeline or may themselves contain bugs or errors requiring remediation and that the market for the sale of these new or enhanced products may not develop as expected; the risks relating to our ability to sustain or increase profitability or revenue growth in future periods (or minimize declines) while controlling expenses; the compromise of user data for any reason; foreign operational, political and other risks relating to our operations; unexpected delays encountered during the audit process; and the loss of key personnel, labor shortages or work stoppages.

More information on the factors, risks and uncertainties that could cause or contribute to such differences is included in our filings with the Securities and Exchange Commission, including in the “Risk Factors” and “Management’s Discussion & Analysis of Financial Condition and Results of Operations” sections of our Form 10 Amendment No. 1 for the year ended December 31, 2023, as filed on May 1, 2024. We cannot assure you that the forward-looking statements will prove to be accurate. These forward-looking statements speak only as of the date hereof. We disclaim any obligation to update these forward-looking statements.

Source: Exodus Movement, Inc.

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Apparel Group kicked off 2024 with a robust expansion, unveiling the inauguration of 47 new stores across the Middle East and India in the first quarter

Apparel Group kicked off 2024 with a robust expansion, unveiling the inauguration of 47 new stores across the Middle East and India in the first quarter
Sima Ganwani Ved, Apparel Group Founder and Chairwoman emphasized on ‘Diversity, Equity and Inclusion’ and her unwavering dedication to fostering inclusive workplaces and promoting gender equality within the retail sector across the region.
  • Sima Ganwani Ved, Apparel Group Founder and Chairwoman emphasized on ‘Diversity, Equity and Inclusion’ and her unwavering dedication to fostering inclusive workplaces and promoting gender equality within the retail sector across the region.

DUBAI, United Arab Emirates, May 06, 2024 (GLOBE NEWSWIRE) — Apparel Group, a global leader in fashion and lifestyle retail, proudly announces a series of remarkable achievements in Q1 2024, solidifying its position as a leader in the industry.

January:

Apparel Group commenced the year with the prestigious 5-Star Award from the European Foundation for Quality Management (EFQM), recognizing its commitment to business excellence, strategic foresight, and fostering a culture of innovation and quality in the dynamic retail sector.

Additionally, the World Woman Foundation proudly announced Sima Ganwani Ved, Founder and Chairwoman of the Apparel Group, as a distinguished speaker for the World Woman Davos Agenda, held during the World Economic Forum week on January 18 in Davos. Sima Ganwani Ved’s participation highlights Apparel Group’s dedication to championing women empowerment and diversity on a global stage.

The month also witnessed the launch of Bliss Bites, a revolutionary gut-healthy food brand and café introduced by Apparel Group, catering to the growing demand for wellness-focused products among consumers.

February:

In February, Apparel Group was announced as Headline Partner for RLI MENA Awards and Lifestyle Partner for RLI MENA Connect in Riyadh, KSA. Additionally, Apparel Group was honored as the MENA Retail Partner of the Year at the prestigious RLI MENA Awards 2024, highlighting its continued success and influence in the region’s retail landscape.

Moreover, Apparel Group made significant strides in its retail partnerships and industry recognition. The company was unveiled as the Headline Partner for the 10th Retail Leaders Circle MENA Summit 2024 in Riyadh, KSA, reaffirming its commitment to driving innovation and excellence in the retail sector.

March:

March marked another pivotal moment for Apparel Group as it celebrated the grand opening of the inaugural Nysaa store in the GCC region, a joint venture setup with Nykaa, India’s largest omni-channel beauty retailer. This collaboration blends Apparel Group’s retail prowess with Nykaa’s expertise, offering consumers a world-class shopping experience in Dubai.

Additionally, Apparel Group expanded its luxury portfolio with the grand launch of Forest Essentials at Dubai Hills Mall. The event showcased an exquisite décor, immersing guests in the world of Luxurious Ayurveda. Vibrant-colored blooms and striking product displays highlighted the natural ingredients central to Forest Essentials’ ethos.

In a strategic expansion, Apparel Group extended its partnership with Crocs, bringing this iconic brand under its wing in Kuwait. This move broadens the company’s presence in the GCC, where it already operates 88 Crocs stores.

Complementing its expansion efforts, Apparel Group collaborated with Dubai Holding for the ‘Gift It Forward’ initiative, aiming to support over 8,500 Dubai residents during Ramadan. This initiative underscores the company’s dedication to social responsibility and community engagement.

The month also saw the return of the highly anticipated Great Online Sale by Apparel Group, offering exclusive Eid shopping deals with discounts of up to 80%. This sale further reinforced the company’s reputation as a leader in retail innovation.

April:

As the momentum continued into April, Apparel Group intensified its expansion efforts with the unveiling of 47 new stores across the Middle East and India in Q1 2024. These new openings exemplify the company’s commitment to providing exceptional shopping experiences and meeting the evolving needs of its diverse customer base. This expansion included the launch of Qatar’s first Forever New store, the fourth in the GCC, as part of a joint venture expansion plan to open 40 locations.

Moreover, Apparel Group proudly reaffirmed its commitment to excellence by becoming the Platinum Partner for The Retail Summit 2024, held under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The partnership underscores Apparel Group’s dedication to driving transformative discussions and initiatives in the global retail arena.

The company also concluded its role as the Platinum Partner at The Retail Summit 2024, hosted at the renowned Atlantis, The Palm. The summit, held on April 23rd and 24th, brought together prominent figures in global retail, exchanging invaluable insights and strategies pivotal for the evolution of the retail sector. Neeraj Teckchandani, CEO of Apparel Group, participated in a panel discussing the strategic importance of market expansion in the GCC and the need for innovative approaches to redefine omnichannel experiences. Sima Ganwani Ved, Founder and Chairwoman, also honored the summit with her presence in a panel discussion on the vital topic of ‘Diversity, Equity and Inclusion – Inspiring the Next Generation of Retail Talent.’

Commenting on these achievements, Neeraj Teckchandani, CEO of Apparel Group, stated, “We are thrilled to announce our continued growth and success in Q1 2024. These milestones reflect our unwavering dedication to excellence, innovation, and making a positive impact in the communities we serve. As we look ahead, we remain committed to pushing boundaries, fostering partnerships, and delivering unparalleled value to our customers.”

For more information about Apparel Group and its latest initiatives, please visit the official website at https://apparelglobal.com/en/

About Apparel Group LLC

Apparel Group is a global fashion and lifestyle retail conglomerate residing at the crossroads of the modern economy – Dubai, United Arab Emirates. Today, Apparel Group caters to thousands of eager shoppers through its 2200+ retail stores and 85+ brands on all platforms while employing over 22,000+ multicultural staff.

Apparel Group has carved its strong presence in the GCC and expanded thriving gateways to market in India, South Africa, Singapore, Indonesia, Thailand, Malaysia, and Egypt. Additionally, clear strategies are in place to enter emerging markets such as Hungary and Philippines.

Apparel Group has created an omni-channel experience, operating brands originating from the USA, Canada, Europe, Australia, and Asia. The brands include leading names in fashion, footwear, and lifestyles such as Tommy Hilfiger, Charles & Keith, Skechers, Aldo, Nine West, Aeropostale, Jamie’s Italian, Tim Hortons, Cold Stone Creamery, Inglot, and Rituals.

Apparel Group owes its amazing growth to the vision and guidance of its dynamic Founder and Chairwoman, Mrs. Sima Ganwani Ved, who has taken the company from strength to strength since its inception in the last two decades.

https://apparelglobal.com/en/

[email protected]

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‫بدأت مجموعة أباريل عام 2024 بسلسلة توسعات كبرى من خلال افتتاح 47 متجراً في الشرق الأوسط والهند خلال الربع الأول

بدأت مجموعة أباريل عام 2024 بسلسلة توسعات كبرى من خلال افتتاح 47 متجراً في الشرق الأوسط والهند خلال الربع الأول
· أكدت سيما جانواني فيد، مؤسسة ورئيسة مجلس إدارة مجموعة أباريل، على موضوع “التنوع، والمساواة، والشمولية” وعلى التزامها الراسخ نحو تعزيز بيئة عمل شمولية وتحقيق المساواة بين الجنسين في قطاع التجزئة في سائر المنطقة.
  • أكدت سيما جانواني فيد، مؤسسة ورئيسة مجلس إدارة مجموعة أباريل، على موضوع “التنوع، والمساواة، والشمولية” وعلى التزامها الراسخ نحو تعزيز بيئة عمل شمولية وتحقيق المساواة بين الجنسين في قطاع التجزئة في سائر المنطقة.

دبي، الإمارات العربية المتحدة, May 06, 2024 (GLOBE NEWSWIRE) —

مجموعة أباريل، الشركة الرائدة عالمياً في مجالات تجزئة الموضة وأسلوب الحياة، تعلن بكل فخر عن سلسلة من الإنجازات المحورية في الربع الأول من عام 2024 لتعزز مكانتها في ريادة المجال.

يناير:

حيث بدأت مجموعة أباريل هذا العام بحصولها على اعتماد “5 نجوم” من المؤسسة الأوروبية لإدارة الجودة EFQM، والتي تعترف بالتزامها بالتميز في مجال الأعمال، والتخطيط الاستراتيجي، وترسيخ ثقافة مبنية على الابتكار والجودة في قطاع التجزئة التفاعلي.

بالإضافة لذلك، قامت مؤسسة المرأة العالمية بالإعلان عن السيدة سيما فيد، مؤسسة ورئيسة مجلس إدارة مجموعة أباريل، كمتحدثة في أجندة دافوس للمرأة العالمية، والذي انعقد خلال أسبوع المنتدى الاقتصادي العالمي في دافوس بتاريخ 18 يناير. حيث برهنت مشاركة سيما فيد في هذه القمة على التزام مجموعة أباريل بدعم تمكين المرأة والتنوع في المنصات الدولية.

وفي الشهر ذاته، تم إطلاق بليس بايتس، مطعم وكافيه صحي بإدارة مجموعة أباريل، ويتميز بتلبية الطلب المتزايد للمنتجات الصحية لدى المستهلكين.

فبراير:

في فبراير، تم الإعلان عن مجموعة أباريل كشريك رئيسي لحفل جوائز ” RLI MENA ” وشريك أسلوب الحياة في منتدى ” RLI Connect MENA ” المقام في الرياض، المملكة العربية السعودية. كما وحصلت مجموعة أباريل على جائزة شريك قطاع التجزئة للعام خلال حفل توزيع جوائز “RLI MENA 2024 ” تأكيدا على نجاحاتها المتواصلة وتأثيرها على عالم التجزئة في المنطقة.

علاوة على ذلك، قطعت مجموعة أباريل أشواطاً كبيرة في مجالات تكوين تحالفات التجزئة والحصول على الجوائز في هذا المجال. وتم الإعلان عن مجموعة أباريل كشريك رئيسي في القمة العاشرة لمنتدى دائرة قادة التجزئة في الشرق الأوسط وشمال أفريقيا 2024 في الرياض، المملكة العربية السعودية مما يرسخ التزامها نحو الابتكار والتميز في قطاع التجزئة.

مارس:

شهد شهر مارس لحظة محورية في مسيرة مجموعة أباريل حيث احتفلت بافتتاح أول متجر رسمي لعلامة نساء في منطقة الخليج، وهي مشروع مشترك مع شركة” Nykaa “، المنصة التجارية متعددة القنوات الأكبر في الهند. هذا التحالف يجمع بين التميز التجاري لمجموعة أباريل في السوق الخليجي والخبرات الكبيرة لشركة”Nykaa” في عالم مستحضرات التجميل من أجل تقديم تجربة تسوق مثالية وعالمية للمتسوقين في دبي.

كما تم الافتتاح الرسمي لمتجر فورست اسينشيالز في دبي هيلز مول ليشكل إضافة مهمة للمجموعة الواسعة من العلامات التجارية الفاخرة التي تديرها مجموعة أباريل.كما تخلل هذا الافتتاح أجواء في غاية الروعة بديكور ساحر، أدى إلى تمتع الضيوف بعالم الأيورفيدا. كما تم استعراض مفعم بالألوان ومنتجات ساحرة بمكونات الطبيعية التي تمثل جوهر فورست اسينشيالز.

وضمن توسع استراتيجي، قامت مجموعة أباريل بتمديد شراكتها مع كروكس من خلال ضم العلامة في الكويت. كما تعزز هذه الخطوة بصمة الشركة في دول مجلس التعاون الخليجي حيث تدير المجموعة على 88 متجراً لعلامة كروكس.

واستكمالاً لجهودها التوسعية، تعاونت مجموعة أباريل مع دبي القابضة في مبادرة ” هبة في محلها ” التي تهدف لدعم أكثر من 8500 مقيماً في دبي خلال شهر رمضان. حيث أكدت هذه المبادرة على التزام المجموعة بالمسؤولية المجتمعية والتفاعل الاجتماعي.

وشهد هذا الشهر عودة التخفيضات الإلكترونية الكبرى المرتقبة من مجموعة أباريل من جديد بخصومات حصرية للعيد تصل إلى 80% خلال هذا الشهر. حيث أكدت هذه التخفيضات على سعي وجهود الشركة نحو الابتكار في مجال التجزئة.

أبريل:

استمراراً في هذه الوتيرة المتسارعة، ضاعفت مجموعة أباريل جهودها التوسعية من خلال افتتاح 47 متجراً جديداً في الشرق الأوسط والهند في الربع الأول من عام 2024. حيث تعكس هذه الافتتاحات الجديدة التزام الشركة بتوفير تجارب تسوق مميزة وتلبية متطلبات القاعدة الكبيرة والمتنوعة للمتسوقين. كما شمل هذا التوسع افتتاح المتجر الأول لعلامة فورايفر نيو في قطر، الرابع في دول مجلس التعاون الخليجي، ضمن مشروع مشترك لافتتاح 40 متجراً.

بالإضافة لذلك، أكدت المجموعة التزامها بالتميز بدورها كشريك بلاتيني لقمة التجزئة 2024 المقامة تحت رعاية صاحب السمو الشيخ محمد بن راشد آل مكتوم، نائب رئيس الدولة، رئيس مجلس الوزراء، حاكم دبي. ودلت هذه الشراكة على جهود مجموعة أباريل نحو خوض النقاشات التفاعلية والمبادرات في مجال التجزئة العالمي.

كما اختتمت الشركة مهامها كشريك استراتيجي لقمة التجزئة 2024 التي أقيمت في فندق أتلانتس الأيقوني ، نخلة دبي. حيث جمعت هذه القمة، التي أقيمت خلال 23 و 24 أبريل، خبراء مجال الذين تبادلوا الآراء القيمة والاستراتيجيات المحورية حول تطوير قطاع التجزئة. حيث شارك نيراج تيكشينداني، الرئيس التنفيذي لدى مجموعة أباريل، في جلسة حوارية حول الأهمية الاستراتيجية للتوسع في السوق الخليجي والحاجة للأساليب المبتكرة من أجل تغيير مفاهيم التجارب متعددة القنوات. شهدت القمة حضور السيدة سيما جانواني فيد، مؤسسة ورئيسة مجلس إدارة مجموعة أباريل، ضمن أبرز المتحدثين في خلال اليوم الثاني. حيث شاركت خبرتها الواسعة من خلال نقاشات حول الموضوع المحوري “التنوع، والمساواة، والشمولية – إلهام الجيل القادم من مواهب التجزئة“.

وعلق السيد نيراج تيكشينداني، الرئيس التنفيذي لدى مجموعة أباريل، على هذه الإنجازات بقوله”يسرنا الإعلان عن نمونا المتواصل ونجاحاتنا في الربع الأول من عام 2024. هذه الإنجازات تعكس التزامنا المستمر بالتميز، والابتكار، والتأثير الإيجابي على المجتمعات التي نخدمها. وضمن رؤيتنا المستقبلية فنحن نسعى لتخطي التوقعات، وبناء التحالفات، وتقديم القيمة الاستثنائية للمتسوقين.

للمزيد من المعلومات حول مجموعة أباريل ومبادراتها، يرجى زيارة الموقع الرسميhttps://apparelglobal.com/ar/

لمحة عن مجموعة أباريل

تقف مجموعة أباريل، أكبر مشغل في مجالات الأزياء وأسلوب الحياة، على مفترق طرق الاقتصاد الحديث في مدينة دبي، بدولة الإمارات العربية المتحدة. واليوم، أضحت المجموعة قادرة على تلبية احتياجات ملايين المتسوقين عبر أكثر من 2,200 متجراً وأكثر من 85 علامة تجارية وبتعيين 22,000 موظف من مختلف الثقافات.
حققت المجموعة حضوراً قوياً وراسخاً في دول مجلس التعاون الخليجي كما أنها نجحت في توسيع مجالات تسويقها في الهند وجنوب أفريقيا وسنغافورة واندونيسيا وتايلند وماليزيا ومصر. وإضافة إلى ذلك، وضعت المجموعة استراتيجيات واضحة للدخول إلى العديد من الأسواق الناشئة مثل هنغاريا والفليبين.
تدير مجموعة أباريل العديد من العلامات التجارية العالمية الشهيرة، التي انطلقت من الولايات المتحدة الأمريكية وكندا وأوروبا وأستراليا وآسيا، وتضم الكثير من الأسماء الرائدة في عالم الأزياء، الأحذية ونمط الحياة على غرار تومي هيلفيغر، تشارلز آند كيث، سكتشرز، ألدو، ناين وست، إروبوستال، وغيرها من الأسماء بالإضافة لعلامات تجارية رئيسية مثل تيم هورتنز، جيميز اتاليان، كولدستون كريمري، إنجلوت، ريتوالز وذلك على سبيل المثال لا الحصر.
يذكر بأن الفضل في نجاحات مجموعة أباريل ونموها المذهل يعود لرؤية وتوجيهات مؤسستها ورئيسة مجلس الإدارة سيما جنواني فيد، التي انطلقت بالشركة من القوة إلى الأقوى منذ نشأتها وعلى امتداد عقدين من الزمن.
https://apparelglobal.com/ar/

[email protected]

الصورة المصاحبة لهذا الإعلان متاحة على
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GlobeNewswire Distribution ID 9110933

RESISTANCE STRIKES NAFAH BASE


The Islamic Resistance issued the following: “In response to the enemy’s aggression targeting the Bekaa region, the Islamic Resistance fighters targeted at 09:00 am on Monday, May 6, 2024, the command headquarters of the Golan Brigade (210) at the Nafah base with tens of Katyusha rockets.”

Source: National News Agency – Lebanon

HM the King Condoles Custodian of Holy Mosques Following Passing of HRH Prince Badr bin Abdul Mohsin bin Abdulaziz Al-Saud

Rabat – His Majesty King Mohammed VI has sent a message of condolences and compassion to the Custodian of the Two Holy Mosques, King Salman Bin Abdulaziz Al-Saud, the Sovereign of Saudi Arabia, following the passing of His Royal Highness Prince Badr bin Abdul Mohsin bin Abdulaziz Al-Saud.

In this message, His Majesty the King expresses His profound sorrow upon learning the news of the passing of His Royal Highness Prince Badr bin Abdul Mohsin bin Abdulaziz Al-Saud, may God have mercy on him.

In this sad circumstance, the Sovereign extends to the Custodian of the Two Holy Mosques, and through him, to all members of his illustrious Royal Family, His heartfelt condolences and sincere feelings of compassion, praying to the Almighty to grant them patience and solace and to welcome the departed into His vast Paradise.

Source: Agence Marocaine De Presse

Session Advocates Improving Arab Investment Climate, Supporting SMEs

Dead Sea: A specialized session highlighted investment prospects across the region, particularly in Jordan and the Kurdistan region of Iraq.

Participants urged Arab governments to formulate strategic policies and sustain economic reforms to bolster investment environments and become prime destinations for diverse investments.

During the “Economic Forum for Financial, Industrial, and Commercial Partnerships between Iraq, Jordan, and the Region,” the importance of supporting small and medium enterprises (SMEs) was underscored due to their significant role in job creation and sustainable development within the region.

Highlighting the Integrated Industrial Partnership Initiative as a model for sustainable economic growth, representatives stressed the need for similar collaborative ventures to promote investments across various sectors, including food, agriculture, pharmaceuticals, minerals, chemicals, and electric vehicles.

The session featured insights from key figures such as Tariq Hijazi, Assistant Secret
ary-General of the Federation of Arab Businessmen, Kilan Saeed Aziz, Chairman of the Erbil Chamber of Commerce and Industry, and Mutee’ Ghunaimat, Deputy Director-General of the Jordanian Enterprise Development Corporation (JEDCO).

Hijazi emphasized the global competition for foreign investments and urged Arab nations to enhance their investment climates to attract more capital. He called for strategic planning, economic reforms, and improved infrastructure to position Arab countries as preferred investment destinations.

He advocated for increased cooperation in developing investment agreements, supporting struggling economies, and promoting investment opportunities through various channels.

Aziz highlighted the vast investment potential in the Kurdistan region of Iraq, particularly in sectors such as agriculture, manufacturing, tourism, and information technology.

He emphasized the region’s investor-friendly policies, including tax exemptions and land grants, to facilitate business operations and encoura
ge foreign investment.

Ghunaimat emphasized JEDCO’s commitment to nurturing SMEs through financial grants, aiming to enhance their competitiveness and foster job creation. He outlined JEDCO’s role in supporting Jordan’s private sector and contributing to the Economic Modernization Vision.

Source: Jordan News Agency

Tangier: Police Open Investigation into Attempt to Smuggle Cocaine (Security Source)

Tangier – Tangier’s judicial police opened a judicial investigation, under the supervision of the competent public prosecutor’s office, to determine the circumstances of an attempt to traffic cocaine shipments concealed in a container arriving from a Brazilian port and bound for Greece, a security source said.

According to the initial investigation, security and customs authorities at the Tangier Med port received a tip-off from a technical team while examining a container with a suspicious cargo from Brazil. A thorough search was then immediately carried out with the help of a police dog team, which led to the seizure of 25 bags containing a suspicious white substance linked to a Global Positioning System (GPS), the same source noted.

The initial tests carried out by the forensic technician showed that the drug was cocaine, and that the seized shipment weighed around 27.4 kg, the same source said, adding that samples had been sent to the National Forensic Laboratory to determine the level of concentration.

In parallel with the judicial investigation into this case, the National Central Bureau ‘Interpol Office in Rabat’, under the Directorate General of National Security (DGSN) was tasked with activating international cooperation procedures, with the aim of determining the origin of the seized shipments, as well as identifying the people involved in the trafficking attempt with a view to suing them.

Source: Agence Marocaine De Presse

Meeting Tackles Strategic Policies In Leather, Knitting Industries

Amman: The Jordan Chamber of Industry, in partnership with the Royal Scientific Society, convened a consultative session focusing on strategic policies, sustainable initiatives, and resource efficiency, aimed at steering the leather and knitting industries towards a sustainable future.

The meeting, hosted by the Energy and Environmental Sustainability Unit of the Jordan Chamber of Industry in collaboration with the Center for Water, Environment, and Climate Change of the Royal Scientific Society, with backing from the United Nations Environment Program, drew participation from representatives of the leather and knitting sectors.

Ihab Qadri, a sector representative and member of the Jordan Chamber of Industry’s Board of Directors, underscored the meeting’s significance in fostering collaborative dialogue and concerted efforts among stakeholders to promote sustainability principles in the textile sector and address challenges hindering national industries.

Highlighting the pivotal role of the leather and kni
tting sectors in Jordan’s economy, Qadri noted their annual contribution exceeding two billion dollars in exports and their status as the primary employer within the industrial domain. He emphasized their direct impact on elevating local product quality, enhancing the competitiveness of Jordanian industrial establishments, and positioning the country’s industry as a flagbearer of environmentally friendly practices.

Qadri emphasized the sector’s centrality in the Economic Modernization Vision, citing its potential for increased investments, job creation, and contribution to sustainable production processes aligned with resource efficiency.

Muayyad Sayed, Director of the Center for Water, Environment, and Climate Change at the Royal Scientific Society, outlined the project aimed at bolstering sustainability and resource efficiency in Jordan’s industrial sector, stressing the Society’s collaborative role across economic domains, particularly in industry.

He elaborated on the project’s objectives to develop a
roadmap and offer solutions to sustainability challenges, focusing on the leather and knitting sector.

Muhammad Asfour, the United Nations Environment Program representative in Jordan, reiterated the program’s support for enhancing sustainability and resource efficiency across sectors, aligning with the UN’s environmentally friendly technology transfer initiative.

Maan Ayasrah, Director of the Energy and Environmental Sustainability Unit at the Jordan Chamber of Industry, provided insights into sectoral sustainability realities and key challenges.

Hossam Haj Ali from the Royal Scientific Society outlined the project’s scope, services, and forthcoming initiatives.

Participants identified major private sector challenges, advocating for a follow-up workshop involving government representatives and decision-makers to address identified challenges and devise implementable solutions, fostering enhanced partnership and cooperation between public and private sectors.

Source: Jordan News Agency