Global Autonomous Corporation (GAC), a Subsidiary of Alpine 4 Holdings Nasdaq: (ALPP), Obtains First of its Kind Three-Part License with the Dubai Civil Aviation Authority for GAC to Deploy the Company’s Autonomous Mesh Fulfillment Network in Dubai, UAE

PHOENIX, AZ / ACCESSWIRE / May 9, 2023 / Alpine 4 Holdings, Inc. (NASDAQ:ALPP), a leading operator and owner of small market businesses, announced that its subsidiary, Global Autonomous Corporation (GAC) has obtained the first of its kind three-part license approval with the Dubai Civil Aviation Authority (DCAA) for GAC to deploy the Company’s Autonomous Mesh Fulfillment Network in Dubai, UAE.

Over the past year, the Company has been actively looking for locations around the world to build out its GAC Mesh Fulfillment Network to be paired with Vayu Aerospace’s G1-MKII VTOL drone and the future US-2 drone platforms. Additionally, each platform will utilize some of the world’s first production ready, Solid-State Batteries supplied by Elecjet Power Cells (a subsidiary of ALPP).

Kent Wilson, CEO of Alpine 4 and Global Autonomous Corporation had this to say, “This three-part license is crucial to GAC’s success, and the Company is grateful for our local UAE consulting firm, Ghani Consulting, who has been working with the esteemed Dubai Civil Aviation Authority on evaluating and granting our license. It is the Company’s understanding that the Dubai Government will only be issuing limited licenses to companies seeking autonomous delivery by drone, with GAC now holding one of them, and with our specific 3-part license being the first of its kind. Of the licensees, GAC has been identified as the only company utilizing a kiosk-based mesh fulfillment network (GMFN) within its deployment strategy. The GMFN is meant to serve as more than mere “package hubs”, with a focus on job creation through the build-out of the kiosks and the employment of staff to operate them.

The future of autonomous delivery of goods is one of the next great hurdles to overcome. Companies solving this problem will face a litany of issues ranging from regulatory restrictions to user integration, to airframe technologies capable of overcoming economies of scale. At Global Autonomous Corporation, we are solving these problems and combined with the forward-thinking citizens of Dubai, we are set to change the world together!

3 Part Licensed Activities:

Helicopter Landing Pad (Helipad) Installation-(452029/4210005): “Includes constructing and installing fixed and temporary platforms for helicopters landing, whether on the ground, high rise buildings, oil platforms, including installing all the equipment that enable the safe landing.” This license will allow the Company to build its mesh kiosk system with landing pads for its drones throughout the city of Dubai.

Unmanned Aerial Vehicle (Drone) Service-(100054/5229014) Includes firms operating unmanned (U A V) and drones to provide various aerial services such as aerial photography, aerial advertising, air show photogrammetry Inspection, surveillance, spraying seeds and fertilizer wildlife protection weather forecasting, firefighting, etc.” This license allows GAC and its fleet of autonomous drones to fly in the airspace above Dubai for the delivery of packages.

Unmanned Aerial Vehicles (Drone) Trading-(519017/4773713): Includes reselling unmanned aerial vehicles (UAV) and Drones controlled by the remote control of a pilot on the ground in order to use for survey, still and video imaging, mapping and inspection.” This license will allow for the Company to expand its service offering to other partners, Joint Ventures, and Corporations in the UAE who need GAC’s service offerings.

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.

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.


Investor Relations

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.

StoneX Global Payments & TIS Partner to Offer Enhanced FX Payment Services for Corporate Treasury & Finance Teams

This partnership enables simplified access to global markets and optimized cross border payments for corporate treasury and finance professionals.

BERLIN KÖPENICK, GERMANY / ACCESSWIRE / May 9, 2023 / Today, StoneX Global Payments and TIS have formally announced an official partnership agreement. Under the arrangement, StoneX and TIS will combine their extensive experience in cross-border payments and cloud-native payment solutions to create an unparalleled level of global service and coverage for corporate treasury and finance teams.

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The partnership, which leverages both companies’ comprehensive industry knowledge and market-leading software solutions, enables corporate clients to drastically simplify the complexity of cross-border and foreign exchange payments. As a result, treasury and finance professionals can gain total visibility over their FX transactions, as well as full transparency to FX rates before transfers are initiated and executed. Ultimately, this gives corporate clients a more cost-effective and straightforward workflow for their FX payments, as well as increased protection against currency risks and other common international payment challenges. Today, the service provides a gateway into global markets across 140+ currencies and 180+ countries, allowing clients to choose the right payment option in each scenario with a guaranteed payment delivery of 48 hours or less.

“Teaming up with TIS unites their offering in key areas of corporate clients with our strengths in global payment solutions and technology. This enables our customers not only to leverage efficiency and automation potentials but also to benefit from cost savings in the local currency business. We are looking forward to a fruitful partnership with TIS”, said Marc Joppeck, Head of Sales & StoneX Payments Division Germany & Corporate Payments Europe.

The strong connectivity between TIS and their customers’ back-office systems and banks, following a multi-channel banking approach across any preferred network, makes payment processes streamlined, secure, and efficient. Both TIS and StoneX Global Payments have strong SWIFT (Society for Worldwide Interbank Financial Telecommunication) partnerships and are fully compatible with ISO 20022, as well as the full scope of other messaging standards in use today. This means StoneX Global Payments and TIS can offer fully integrated and automated end-to-end processes regardless of the unique requirements presented by specific clients.

Regarding the benefits of this partnership, Jörg Wiemer, Co-founder and CSO at TIS, stated: “The collaboration with StoneX Global Payments enables our customers to significantly reduce FX payments costs and to further streamline cross-border payment processes. With automated, ERP-integrated processes as well as full transparency on cash flows and FX rates and 140+ currency options, and guaranteed delivery within 48 hours, together with StoneX Global Payments, we can offer unmatched services that allow our customers fast and efficient simple access to global markets. We’re excited to push this collaboration further.”

In recent months, StoneX Global Payments and TIS have already proven that the benefits their partnership provides to organizations are critically important. As of October 2022, TIS clients including the award-winning non-profit organization IFAW (International Fund for Animal Welfare) are leveraging the FX payment solution to achieve substantial cost-savings over their previous setup. The partnership continues to deliver outstanding results for many other clients as well.

Moving forward, the combined strength of StoneX Global Payments and TIS is expected to continue creating enhanced global market access and optimized FX strategies, resulting in a partnership that consistently delivers maximum value to corporate clients.

About TIS

TIS helps CFOs (Chief Financial Officers), Treasurers, and Finance teams transform their global cash flow, liquidity, and payment functions. Since 2010, our award-winning cloud platform and best-in-class service model have empowered the entire office of the CFO to collaborate more effectively and attain maximum efficiency, automation, and control. By streamlining connectivity between our customers’ back-office systems and their worldwide banks, vendors, and business partners, TIS enables users to achieve superior performance in key areas surrounding cash forecasting, working capital, outbound payments, financial messaging, fraud prevention, payment compliance, and more.

With over 11,000 banking options, $80 billion in daily cash managed, and $2.5 trillion in annual transaction volume, TIS has a proven track record of combining our unparalleled market expertise with tailored client and community feedback to drive digital transformation for companies of all sizes and industries. As a result, hundreds of organizations and thousands of practitioners rely on TIS daily to gain strategic advantage, monetize data, improve operational efficiency, and better manage risk. Learn more at

About StoneX Global Payments

StoneX Global Payments is a product of the StoneX Group and specializes in cross-border payments. We offer tailor-made foreign exchange and payment services for corporates, NGOs, and financial institutions worldwide. Our global network of 350+ correspondent banks help us deliver transparent, secure, and guaranteed payments in more than 140 currencies across 180+ countries. Clients are able to gain access to our services through a highly scalable, efficient, and advanced payment platform that is easy to use.

StoneX Group Inc. and its subsidiaries are a leading provider of execution, risk management, advisory, market information, and clearing services for various asset classes and markets worldwide. Learn more at or

Contact Information

Jennifer Knutel
VP Marketing

Marc Joppeck
Head of Sales & StoneX Payments Division Germany & Corporate Payments Europe



Consumers across the globe desire humanized experiences when navigating the insurance industry

Duck Creek Technologies launches the second edition of the Global Consumer Insurance Insights survey of over 2,000 global consumers, aimed at refining the strategies that bring insurers closer to consumers worldwide

Boston / London, May 09, 2023 (GLOBE NEWSWIRE) — Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has proudly published its second annual benchmark survey, the 2023 Global Consumer Insurance Insights. The survey reveals strong demand from global consumers for humanized insurance purchasing, switching and communication experiences through digital channels.

The 2023 wave of research – which is being launched at the Duck Creek Technologies Formation ‘23 event for customers and partners from May 8-10, was conducted independently by Research in Finance for Duck Creek Technologies and surveyed over 2,000 policyholders across 13 countries, all of whom held at least one insurance policy.

Aimed at refining the strategies that bring insurers closer to consumers worldwide, this year’s survey is more extensive than the inaugural 2022 edition, with more questions and responses from policyholders across more countries. The survey provides insights for carriers, reflecting consumer preferences and awareness of innovation opportunities, purchasing, and communication methods.

Key findings from the survey include:


  • 93% of consumers are confident they have the proper coverage, irrespective of which channel they used to purchase the insurance policy.
  • Once a policy is in place, 44% of consumers prefer human interaction (2022: 35%). At the same time, however, interest in app/WhatsApp usage for buying and switching insurance also increased year-over-year.
  • 46% of global consumers are unaware of embedded insurance. Of those who were aware (37%), almost half said they trust it because of product or retailer quality. Those who do not trust it (26%) find embedded insurance unnecessary and expensive. Those who are unsure (29%) require more information, having had little experience with embedded insurance.

The survey reveals significant positives for insurance providers and clearly shows they are getting it right in many areas. However, it also highlights areas where insurers must reflect and improve further – including bolstering global consumer confidence and trust in insurance.

According to Jess Keeney, Chief Product & Technology Officer at Duck Creek, “As the insurance industry continues to evolve, it is crucial for providers to listen to the needs and preferences of their customers. The 2023 Duck Creek Technologies benchmark survey provides invaluable insights into consumer behaviors and trends, highlighting the areas where insurers can maximize accessibility, accelerate speed to market, and differentiate competitively.”

While the survey shows that carriers around the world are responding quickly to consumer demand for more relevant and timely products and services, it also reveals that a significant number of consumers prefer a humanized experience when interacting with their insurance providers. This emphasizes the importance of exploring ground-breaking and varying communication options to meet the needs of diverse customers.

Keeney adds, “It is encouraging to see that despite the challenging economic environment, people are re-evaluating their insurance needs and considering a wider range of products. Mobile and gadget insurance, travel insurance, and embedded insurance are being purchased more frequently than other types of insurance.

Duck Creek’s 2023 survey is a vital resource for insurance providers, offering unique insights into customer perceptions and highlighting the next opportunities for innovation. We urge providers to delve deeply into the results and continue pushing the frontiers of the insurance industry forward.”

Research in Finance Head of Research, Karen Scott, added, “In the insurance industry, listening to consumers is essential for success. As the Global Consumer Insurance Insights Survey 2023 demonstrates, primary research capturing changing behaviors, user feedback, and satisfaction is invaluable to help inform insurance company strategies, new product development, marketing, and communications plans. Insurers now have access to significant data sets to compare year-on-year, creating a true benchmark series of reports we are proud to support. Ultimately, insurers who prioritize listening to and understanding their consumers will come out on top.”

The 2023 Global Consumer Insurance Insights Survey highlights four key calls to action for insurers:

  1. Maximize accessibility of insurance products to consumers across channels
  2. Accelerate speed to market with the SaaS model
  3. Humanize the consumer experience through digital channels
  4. Leverage the SaaS ecosystem to differentiate competitively

Download the 2023 Global Consumer Insurance Insights Survey here.

About Duck Creek Technologies
Duck Creek Technologies is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and Twitter.

Drake Manning
Duck Creek Technologies
+1 860 877 3609
GlobeNewswire Distribution ID 8833259

Mosa Meat Prepares for Market Entry by Opening Largest Cultivated Meat Campus in the World to date and Working with Two Michelin-starred Chef Hans van Wolde

MAASTRICHT, The Netherlands, May 08, 2023 (GLOBE NEWSWIRE) — Mosa Meat, the pioneers in the cultivated meat space that grow beef directly from animal cells, opened a new 2,760 square metre (29,708 square feet) scale-up facility in Maastricht on Monday. This fourth facility completes the new Mosa C.A.M.P.U.S. or Center for Advanced Meat Production, Upscaling, and Sustainability for a total footprint of 7,340 square metres (79,007 square feet).

Monday’s program included a ribbon cutting ceremony with the Mayor of Maastricht Annemarie Penn-te Strake, the Governor of Limburg Emile Roemer, and the Mosa Meat team, a cultivated burger cooking demonstration by Chef Hans van Wolde, and tours of the new facility. A select group of 50 investors, journalists and value chain partners from around the world attended the event. The new facility will start the first production runs in a matter of days.

Mosa Meat CEO Maarten Bosch said: “As this scale-up facility comes online next month, we will have the capacity to make tens of thousands of cultivated hamburgers. The facility is designed to grow as demand increases with regulatory approvals and regional market entries, up to hundreds of thousands of cultivated hamburgers per year. And in combination with our contract manufacturer in Singapore, even a lot more. We are excited to debut this great tasting hamburger today that even hardcore carnivores will love.” 

Mosa Meat Co-founder & CSO Dr. Mark Post said: “When we introduced cultivated meat to the world, we predicted it would take 10 years to create a consumer product. Now, almost exactly 10 years later, we have a consumer product that we can start making in larger quantities and that we can start serving to consumers in Singapore, pending regulatory approval” said Mark Post, co-founder and Chief Scientific Officer of Mosa Meat.

Chef Hans van Wolden said: “When I first tried a Mosa Burger as part of the internal development team, I was blown away by the beefy taste and the amazing mouthfeel of the beef fat. It gave me goosebumps. I genuinely believe this new way of making beef can delight connoisseurs and casual beef lovers alike, while enjoying the positive benefits of cultivated beef from a sustainability perspective. I am excited to work with the Mosa Meat team to make future versions even better. 


Mosa Meat is a global food technology company pioneering a cleaner, kinder way of making real beef. Our founders introduced the world’s first cultivated beef hamburger in 2013, by growing it directly from cow cells. Founded in 2016, Mosa Meat is now scaling up production of the same beef that people love, but in a way that is better for people, animals, and the planet. A diverse and growing team of 165 food-loving problem-solvers, we are united in our mission to fundamentally reshape the global food system. Headquartered in Maastricht, The Netherlands, Mosa Meat is a privately held company backed by Blue Horizon, Bell Food Group, Nutreco, Mitsubishi Corporation, Leonardo DiCaprio and others. Follow Mosa Meat on Facebook, LinkedIn, Twitter and Instagram or visit to learn more about why people #cravechange.

For more information, reach out to

Visual assets from the event will be loaded here by 17:00 CET on May 8th

The general Mosa Meat press kit is here:


Chef Hans is a Dutch 2-Michelin star chef who converted an old farmhouse outside Maastricht into his restaurant Brut172. Previouslyhe was the chef owner of 2-star restaurant Beluga in Maastricht and has been featured on TV shows like MasterChef and Snackmasters. He has formally joined Mosa Meat’s product development, sensory evaluation and recipe formulation team to complement Mosa Meat’s internal team of food scientists.


Tim van de Rijdt
Mosa Meat

GlobeNewswire Distribution ID 8834249

Aggression commits 112 violations in Hodeida in 24 hours

The aggression forces committed 40 violations of the ceasefire agreement in Hodeida province over the past 24 hours, an official at the operations room to monitor the violations said on Tuesday.

The official in the operations room told the Yemeni News Agency (Saba) that among the aggression forces violations were nine raids by spy planes on Hays, and 10 spy planes flew over the same area.

He indicated that the aggression forces also committed eight violations with artillery shells, and 85 violations with various gunshots.

Source: Yemen News Agency

Intra-Arab investments ‘below ambitions,’ says official

President of the Federation of Arab Businessmen (FAB) Hamdi Tabbaa said intra-Arab investments are still below ambitions and do not adequately reflect the capabilities of Arab countries. During his participation in an Annual Investment Meeting (AIM Global 2023) session in Abu Dhabi, Tabbaa added that inbound and outbound investments in the Arab region were affected by the pandemic’s repercussions, but they picked up again in 2022, according to the World Investment Report issued by the United Nations Conference on Trade and Development (UNCTAD). Tabbaa indicated that Arab investments are a significant economic issue that needs continuous research and discussion from various aspects to keep pace with global and regional developments and repercussions in the investment atmosphere, said a statement issued Tuesday by the Amman-based FAB. He underlined the need to identify barriers hindering the attraction of investments, factors that directly and indirectly affect investments, the impact of economic integration and growth rates on Arab investment advancement, and factors leading to Arab investment established abroad. The Greater Arab Free Trade Area Agreement (GAFTA), he continued, must be reviewed to achieve the ultimate benefit from its advantages, while amending policies to unify specifications and standards and cooperate in customs affairs, in addition to investing in railway projects that facilitate Arab trade. Held in collaboration with the Ministry of Industry and Advanced Technology and the Abu Dhabi Department of Economic Development, this year’s edition of AIM Global is themed “The Investment Paradigm Shift: Future Investment Opportunities to Foster Sustainable Economic Growth, Diversity, and Prosperity,” bringing together over 600 speakers from 170 countries.

Source: Jordan News Agency

Dutch FM thanks Jordan for helping in nationals evacuation from Sudan

Dutch Deputy Prime Minister and Foreign Minister Wopke Hoekstra on Monday thanked Jordan for its key role in the evacuation of Dutch nationals and other foreigners from unrest-hit Sudan. During a ceremony held at the Dutch Embassy in Amman on Monday, Minister Hoekstra commended the Jordanian government’s establishment of an air bridge with Sudan to facilitate the safe evacuation of its citizens and nationals of other countries. Dutch Ambassador Harry Verweij underscored the importance of continuous consultation between the Netherlands and Jordan, which he considers a strategic partner in the region. He stressed their mutual commitment to regional stability and the Netherlands’ steadfast support for Jordan and its regional partners despite the ongoing global developments. Ambassador Verfai emphasized Jordan’s critical role in accommodating and providing aid to refugees, including Syrians. He highlighted that supporting Jordan in this field, particularly investment in protection, education, and job creation for both refugees and the local communities hosting them, is a top priority of the Netherlands’ new strategy extending until 2026. Moreover, he disclosed that the Netherlands has invested over 200 million euros since 2019 to support Jordan, with a focus on communities and groups hosting refugees.

Source: Jordan News Agency

WHO reports: Palestinians continue to encounter major obstacles to realizing the right to health

Today, the World Health Organization (WHO) launched two reports, Right to Health 2019 to 2021 and Palestinian Voices 2022 to 2023, which outline how fragmentation of the Palestinian people, implementation of a permit regime, physical obstacles to movement, and protection gaps cause health inequities and create substantial barriers to health care provision and health access in the occupied West Bank, including east Jerusalem, and Gaza Strip. ‘Enjoyment of the highest attainable standard of health is a fundamental right of every human being,’ said Richard Peeperkorn, WHO Representative for the occupied Palestinian territory. ‘The Palestinian health system suffers the consequences of longstanding displacement, refugeehood and occupation. Public revenues, health expenditure, and ultimately health services are impacted, with longstanding shortages of health workers, equipment, medicines, and supplies. Meanwhile, movement restrictions, including Israel’s implementation of a permit regime, hinder health access.’ In the Gaza Strip from 2019 to 2021, just 55% of essential medicines were available in the Central Drugs Store of the Ministry of Health. The reports describe how COVID-19 impacted outside medical referral, with a 51% decline in Gaza and an 8% decline in the West Bank from 2019 to 2020. Cancer care remains the single largest reason for referral to providers outside the Palestinian Ministry of Health, driven by gaps in public health services. In the context of blockade and closure, 35% of permit applications by patients from the Gaza Strip were not approved in time to reach their hospital appointments from 2019 to 2021. Although rates of approval are higher for the West Bank, between 2011 and 2021 there were 331,678 patient and companion permit applications denied from the West Bank. In 2023, the surge in violence in the West Bank has exposed Palestinian patients, health workers, ambulances, and facilities to increased attacks on health care. WHO’s reports show the longer-term trends, with 750 health attacks documented in the occupied Palestinian territory from 2019 to 2022. These attacks resulted in the fatality of a health worker and 568 health worker injuries, with 315 ambulances and 160 health facilities affected. ‘In 2022, we saw the highest number of Palestinians killed by Israeli Security Forces since 2005, often following excessive use of force,’ said Ajith Sunghay, Head of the Office of the United Nations High Commissioner for Human Rights (OHCHR) in the occupied Palestinian territory. ‘This trend has only accelerated in 2023. OHCHR and WHO documented that Israeli forces have frequently prevented access to medical care, including for first response teams to reach persons with life-threatening injuries. We are deeply concerned about failures to ensure protection against health attacks and the impact that this has on the rights of Palestinians.’ ‘We welcome these important reports from WHO and the organization’s continued support and commitment to the right to health of Palestinians,’ Mai Alkaila, Palestinian Minister of Health, commented in her opening remarks at the event. ‘The findings outline the substantial difficulties facing the Palestinian health system under occupation and underline the need for bolstering support to the health sector through ensuring provision of health resources and upholding accountability for the right to health.’

Source: Palestine news & Information Agency

APIC General Assembly ratifies dividend distribution to its shareholders amounting to $15.64 million

The Arab Palestinian Investment Company (APIC), in its ordinary general assembly held yesterday in Ramallah ratified dividend distribution amounting to $15.64 million for registered shareholders as of May 7, 2023, which represents around 13.96% of APIC’s paid-in capital totaling $112 million to date, 9.5% as cash dividends amounting to $10.64 million and around 4.46% as five million in bonus shares. Accordingly, APIC’s paid-in capital will reach $117 million following the bonus share distribution. The meeting, which was chaired by APIC Chairman and CEO Tarek Aggad, was attended by members of APIC’s Board of Directors, representatives from the Ministry of National Economy – the Companies’ Controller Office, the Palestine Capital Market Authority, the external auditor of the company, its legal counsel and many of its shareholders. In his remarks at the meeting, Aggad explained the unprecedented regional and global economic challenges APIC faced in 2022 and up to the present, which includes inflation in supply chain costs worldwide involving the price of raw materials, production, shipping, energy, transportation, and storage due to the war in Ukraine among others. He added that there was a rise in the group’s financing costs, which increased by more than 60% in 2022, partly due to a major hike in global interest rates, in addition to the increase in the cost of financing associated with expansions and working capital. He went on to say that the company also has been impacted by the results of Siniora’s Turkish subsidiary Polonez applying International Accounting Standard No. 29 because Turkey was classified by its auditors as a hyperinflationary country in April 2022. Aggad ended his remarks by affirming the company’s solid financial position and its good results despite the many challenges, noting that EBITDA amounted to $77.9 million in 2022, a growth of 3.2% compared to 2021. APIC is a foreign public shareholding investment holding company listed on the Palestine Exchange (PEX: APIC). It holds diversified investments across the manufacturing, trade, distribution and service sectors in Palestine, Jordan, Saudi Arabia, the United Arab Emirates, Iraq and Turkey through its group of subsidiaries: Siniora Food Industries Company; Unipal General Trading Company; Palestine Automobile Company; Medical Supplies and Services Company; National Aluminum and Profiles Company (NAPCO); Sky Advertising and Public Relations and Event Management Company; Arab Leasing Company and Arab Palestinian Storage and Cooling Company, employing over 3,000 staff through its group of subsidiaries.

Source: Palestine news & Information Agency

QFFD Provides Essential Medicines to 11 Provinces in Afghanistan in Collaboration with WHO

Qatar Fund for Development (QFFD) signed an agreement with the World Health Organization (WHO) to support the provision of essential health services in underserved areas in the 11 provinces of Afghanistan.

With the funds from QFFD, WHO will procure pre-qualified medicine for primary health care and facilitate delivery and distribution to the health facilities in the provinces of Helmand, Daikundi, Ghor, Farah, Samangan, Zabul, Takhar, Baghlan, Maidan Wardak, Paktika, and Nuristan. The medicines will be used in the prevention and treatment of diseases related to sexual and reproductive health, and maternal, newborn, and child mortality. In addition, WHO will support the capacity development of health workers on medical supply chain management and rational use of medicine as per national standard treatment guidelines.

HE Director-General of QFFD Khalifa bin Jassim Al Kuwari said, “The State of Qatar stands at the forefront of the global support of the Afghan people. Complementing ongoing efforts, QFFD is working with different partners to improve the livelihood of developing and disaster-stricken and conflicts driven areas worldwide. We look forward to achieving tangible achievements and improving the livelihood of the Afghan people by supporting the health sector”.

“WHO has been supporting the health needs of Afghans, including provision of medicines and medical supplies to the health facilities”, said Dr. Luo Dapeng, WHO Representative in Afghanistan. “The new funding from the Qatar Fund for Development will even boost our capacity to reach more people, especially women, children, the elderly and the most vulnerable in the most underserved areas of the country.” “Enhancing the provision of essential medicines in the underserved areas in Afghanistan is an opportunity to reduce preventable deaths among women, children, and adolescents and significantly improve their health and well-being. Thanks to Qatar Funds contribution, more than one million patients will have better access to quality primary health care,” said Dr. Alaa AbouZeid, Health Emergencies Team Lead at WHO Afghanistan.

WHO and QFFD aim to reduce morbidity and mortality among the population in Afghanistan living in underserved areas by providing high quality, accessible, acceptable, equitable, and affordable health services through 89 health centers targeting vulnerable populations, especially women and girls.

Source: Qatar News Agency

QSE Index Rises by 0.29 Percent

Qatar Stock Exchange (QSE) general index rose on Tuesday by 31.40 points, or by 0.29 percent, to reach 10,747 points.

In today’s session, 378,962.378 shares were traded, with a value of QR 770,271,529,937 as a result of the implementation of 22,139 transactions in all sectors.

Shares of 35 companies rose in the session, while the prices of 13 other companies fell.

At the end of the trading session, the market capitalization reached QR 628,695,579,600.520 compared to QR 626,140,778,199.600 in the previous session.

Source: Qatar News Agency

FC Nantes Sacks Coach Kombouare

French side FC Nantes fired coach Antoine Kombouare on Tuesday, with four games remaining of their Ligue 1 Uber Eats campaign.

Pierre Aristouy, under-19 team manager, was recalled to save the relegation-threatened side in their remaining matches.

Kombouare was shown the door after their French Cup final 1-5 thrashing against Toulouse, followed by two 0-2 losses to relegation rivals Brest and Strasbourg.

Aristouy will be assisted by retired Venezuelan international Oswaldo Vizcarrondo, who has been training Nantes women’s side since October, 2022.

Source: Qatar News Agency