Day: 4 March 2024

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‫تكمل شركة بيكان إنيرجيز، المشغلة لمجموعة حقل ديب ووتر تانو/كيب الثلاثة نقاط، (DWT/CTP)عملية إعادة صياغة علامتها التجارية، وتلتزم الغاء القفلالازدهار في غانا وخارجها

أكرا، غانا – 4 مارس 2024 – يسر شركة بيكان إنيرجيز (www.PecanEnergies.com)، المشغلة لمجموعة حقل ديب ووتر تانو/ رأس الثلاثة نقاط (DWT/CTP) قبالة ساحل غانا أن تعلن عن الانتهاء بنجاح من رحلة تغيير علامتها التجارية.

 لقد برزت الشركة باسم وشعار جديدان وهوية علامة تجارية متجددة لتعكس بشكل أفضل التزامها بتحقيق الازدهار وتمكين النمو للمجتمعات الإفريقية. ويؤكد هذا التحول العبارة الترويجية الجديدة لشركة بيكان إنيرجيز: “تحقيق الازدهار” (“Unlocking Prosperity”).

استحوذت مؤسسة التمويل الإفريقية (AFC) على شركة بيكان إنيرجيز في أبريل 2023، لتضع الأسس لهوية العلامة التجارية الجديدة. مؤسسة التمويل الإفريقية هي مؤسسة مالية متعددة الأطراف أنشأتها الدول الإفريقية ذات السيادة لتقديم حلول عملية لعجز البنية الأساسية في إفريقيا وبيئة التشغيل الصعبة. وكان هذا الاستحواذ دليلاً على التزام مؤسسة التمويل الإفريقية بضمان تنمية الموارد الطبيعية في إفريقيا، بما في ذلك احتياطياتها الهائلة من النفط والغاز، بشكل مستدام مع الاحتفاظ بقيمتها في القارة. وتمتلك شركة بيكان إنيرجيز حصة 50 بالمائة في منطقة حقل ديب ووتر تانو/ رأس الثلاثة نقاط البحرية قبالة ساحل غانا.

“تمثل شركة بيكان إنيرجيز طموحنا في أن نصبح مشغل النفط والغاز المفضل في عموم إفريقيا في المياه العميقة قبالة ساحل غانا. علامتنا التجارية الجديدة مكرسة لتحقيق القيمة، وهي إحدى قيمنا الأساسية. وقال إيليف غيسدال، الرئيس التنفيذي لشركة بيكان إنيرجيز أيه اس: “يتضمن ذلك أيضًا التزامًا ثابتًا بالشفافية في كيفية تسخير خبرتنا التجارية والتقنية لتحقيق نتائج تنموية في غانا وخارجها”.

تحرز شركة بيكان إنيرجيز تقدمًا جيدًا نحو اتخاذ قرار الاستثمار النهائي بعد موافقة السلطات الغانية بنجاح على خطتها لتطوير منطقة عقد حقل ديب ووتر تانو/ رأس الثلاثة نقاط. وفي ظل ملكيتها وهويتها الجديدة، يتمثل الهدف في تحقيق التأثير الاجتماعي والاقتصادي الكامل والمحتمل لمجموعة حقل ديب ووتر تانو/ رأس الثلاثة نقاط بأكملها. وتشتمل المنطقة على اكتشافات تبلغ حوالي 550 مليون برميل من معادلات النفط القابلة للاستخراج، بالإضافة إلى مجموعة استكشافات كبيرة.

قالت خديجة أمواه، الرئيس التنفيذي لشركة بيكان إنيرجيز غانا ليمتد: “بينما نحتضن هويتنا الجديدة، فإن الاستدامة والتوطين والتمكين ورد الجميل ليست مجرد التزامات – إنها منسوجة في نسيج أعمالنا”.

النقاط الرئيسية في إعادة إنشاء العلامة التجارية:

الشعار الجديد: الشعار هو تتويج لعناصر التصميم الحديثة التي تمثل نهج التفكير المستقبلي للشركة. لقد تم تصميمه ليكون واضحًا وبسيطًا وجريئًا وينبع من سلسلة من الأشكال والرموز التي تثير التعاون والمنفعة المتبادلة.

لوحة العلامة التجارية والطباعة: كان اعتماد أحد اللوحات التي تمثل إخلاصنا للتنمية المستدامة للموارد الطبيعية أمرًا ضروريًا ويلعب دورًا مركزيًا في إنشاء العلامة التجارية واستدامة التعرف عليها.

الرؤية والرسالة: رؤيتنا ورسالتنا تتحدثان عن تطلعنا إلى النضج وإنتاج الموارد بطريقة آمنة وفعالة ومسؤولة بيئيًا لتحقيق المنفعة المتبادلة للشعب الغاني والشركة وشركائنا. هدفنا هو تحقيق المزيد من الازدهار في غانا وخارجها.

 تنزيل الصورة: https://apo-opa.co/3IeRWH4 (التنوع والاستدامة)

 حول شركة بيكان إنيرجيز:

شركة بيكان إنيرجيز هي المشغل والمساهم بنسبة 50 بالمائة في منطقة حقل ديب ووتر تانو/ رأس الثلاثة نقاط قبالة ساحل غانا. وهي مملوكة بالكامل لمؤسسة التمويل الإفريقية. شركاؤنا في مجموعة حقل ديب ووتر تانو/ رأس الثلاثة نقاط هم: شركة لوك أويل أوفرسيز غانا تانو ليمتد 38 بالمائة، وفولتريد ليمتد 2 بالمائة، وشركة غانا الوطنية للبترول 10 بالمائة.

اطلع على المزيد عن شركة بيكان إنيرجيز من خلال الموقع الإلكتروني: www.PecanEnergies.com

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Pecan Energies, operator of Deepwater Tano/Cape Three Points (DWT/CTP) block, completes rebranding, committing to unlock prosperity for Ghana and beyond

ACCRA, GHANA – EQS Newswire – 4 March 2024 – Pecan Energies (www.PecanEnergies.com), the operator of the Deepwater Tano/Cape Three Points (DWT/CTP) block offshore Ghana is thrilled to announce the successful completion of its rebranding journey.

The company has evolved with a new name, logo, and a revitalized brand identity to better reflect its commitment to building prosperity and enabling growth for African communities. Underlining this transformation is Pecan Energies’ new tagline: “Unlocking Prosperity.”

Africa Finance Corporation (AFC) acquired Pecan Energies in April 2023, laying the foundations for a new brand identity. AFC is a multilateral financial institution created by African sovereign states to provide pragmatic solutions to Africa’s infrastructure deficit and challenging operating environment. The acquisition was a demonstration of AFC’s commitment to ensure that Africa’s natural resources, including its vast oil and gas reserves, are developed sustainably while retaining value on the continent. Pecan Energies holds a 50 per cent stake in the DWT/CTP block offshore Ghana.

“Pecan Energies represents our ambition to become the Pan-African oil and gas operator of choice in offshore deep waters of Ghana. Our new brand is dedicated to value creation, one of our core values. This also includes an unwavering commitment to transparency in how we harness our commercial and technical expertise for developmental outcomes in Ghana and beyond,” said Eiliv Gjesdal, Chief Executive Officer of Pecan Energies AS.

Pecan Energies is making good progress towards a Final Investment Decision (FID) following the successful approval of its Plan of Development (PoD) for the DWT/CTP contract area by Ghanaian authorities. Under its new ownership and identity, the goal is to realize the full social and economic impact potential of the entire DWT/CTP block. The block has discoveries of approximately 550 million barrels of recoverable oil equivalents, in addition to a significant exploration portfolio.

“As we embrace our new identity, sustainability, localization, empowerment, and giving back aren’t just commitments — they’re woven into the very fabric of our business,” said Kadijah Amoah, Chief Executive Officer of Pecan Energies Ghana Limited.

Key Highlights of the Rebrand:

New Logo: The logo is a culmination of modern design elements that represent the company’s forward-thinking approach. It has been designed to be clear, simple, and bold and stems from a series of shapes and symbols that evoke collaboration and mutual benefit.

Brand Palette & Typography: Adopting a palette that represents our devotion to the sustainable development of the natural resource was essential and plays a central role in creating and sustaining brand recognition.

Vision and Mission: Our vision and mission speak to our aspiration to mature and produce resources in a safe, efficient, and environmentally responsible manner for the mutual benefit of the Ghanaian people, the company, and our partners. Our goal is to unlock greater prosperity in Ghana and beyond.

Download image: https://apo-opa.co/3IeRWH4 (Diversity and Sustainability)

About Pecan Energies:

Pecan Energies is the operator and 50 per cent shareholder in the Deepwater Tano Cape Three Points block (DWT/CTP) offshore Ghana. It is fully owned by Africa Finance Corporation. Our partners in the DWT/CTP block are: Lukoil Overseas Ghana Tano Limited, 38 per cent, Fueltrade Limited 2% and the Ghana National Petroleum Corporation, 10%.

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Bitdeer Announces New 4nm Bitcoin Mining Chip SEAL01

Offering power efficiency of 18.1 J/TH, “SEAL01” tested as exceptionally efficient; chips to be integrated into Bitdeer’s upcoming “SEALMINER A1” mining machines

SINGAPORE, March 04, 2024 (GLOBE NEWSWIRE) — Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced the successful testing of its first Bitcoin mining chip, the SEAL01. Powerfully efficient, SEAL01 is designed for integration into Bitdeer’s new SEALMINER A1 mining machines.

The SEAL01 chip is created using an advanced 4-nanometer process technology in partnership with a world-leading semiconductor foundry. Initial tests indicate an exceptional power efficiency of 18.1 J/TH.

Jihan Wu, Founder, Chairman, and Chief Executive Officer of Bitdeer, commented, “With the successful testing of our new mining chip, I am very excited to formally announce the introduction of both the SEAL01 chip and the SEALMINER A1 as core to our new mining machines business. These products showcase our technology excellence and position us well for the future.”

The future of Bitcoin mining demands highly efficient technology, lower operating costs and a reduced environmental footprint for miners. The SEAL01 empowers miners to navigate the evolving Bitcoin mining landscape with a superior solution that provides efficiency and stability while adhering to the principles of sustainable mining.

Bitdeer’s global research and development team with specialization in chip design, firmware and system hardware have been tasked with breaking new ground in performance and efficiency to unlock emerging opportunities that continue to strategically position the Company following the upcoming Bitcoin halving event.

About Bitdeer Technologies Group

Bitdeer is a world-leading technology company for blockchain and high-performance computing. Bitdeer is committed to providing comprehensive computing solutions for its customers. The Company handles complex processes involved in computing such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations. The Company also offers advanced cloud capabilities to customers with high demand for artificial intelligence. Headquartered in Singapore, Bitdeer has deployed datacenters in the United States, Norway, and Bhutan. Investors and others should note that Bitdeer may post information about the Company on its website at https://ir.bitdeer.com/or on its accounts on Twitter, Facebook, LinkedIn or other social media platforms. It is possible that the postings could include information deemed to be material information. Therefore, the Company encourages investors, the media and others interested in the Company to review the information it posts on its website at https://ir.bitdeer.com/ and on its social media accounts. Follow Bitdeer on Twitter at @ BitdeerOfficial and LinkedIn @ Bitdeer Group. Information that Bitdeer may post about the Company on its website and/or on its accounts on Twitter, Facebook, LinkedIn or other social media platforms may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. You should not place undue reliance on forward-looking statements contained on the Company’s website and/or on the Company’s accounts on Twitter, Facebook, LinkedIn or other social media platforms, and the Company undertakes no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.

Forward-Looking Statements

Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. The words “anticipate,” “look forward to,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including factors discussed in the section entitled “Risk Factors” in Bitdeer’s annual report on Form 20-F, as well as discussions of potential risks, uncertainties, and other important factors in Bitdeer’s subsequent filings with the U.S. Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof. Bitdeer specifically disclaims any obligation to update any forward-looking statement, whether due to new information, future events, or otherwise. Readers should not rely upon the information on this page as current or accurate after its publication date.

Media Inquiries：
pr@bitdeer.com

Contacts

Investor Relations
Robin Yang, Partner
ICR, LLC
Email: Bitdeer.ir@icrinc.com
Phone: +1 (212) 537-5825

Public Relations
Brad Burgess, SVP
ICR, LLC
Email: Bitdeer.pr@icrinc.com
Phone: +1 (212) 537-4056

GlobeNewswire Distribution ID 9057312

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domestic growth in 2024 and beyond — Preqin reports

Saudi Arabia’s domestic deal count grew sixfold between 2018-2023

LONDON, March  04, 2024  (GLOBE NEWSWIRE) — Preqin, the global leader in alternatives data and insights, has published The Rise of Private Capital in Saudi Arabia: Preqin Territory Guide report.

The report finds two key themes are driving the future of Saudi Arabia’s position in the private capital landscape: The first theme is Saudi Arabia’s government, investors, and corporates are fostering partnerships with fund managers to bring further knowledge, infrastructure development, and co-investment to the country. From fund managers’ perspectives, Saudi Arabia is now more than just a location for raising investor capital. The second theme is Saudi Arabian appetite for domestic investment through private markets, which continues to swell as home-grown entrepreneurialism, and so investment opportunities, burgeon.

New role for private capital and fund managers in Saudi Arabia

The government-led Saudi Vision 2030 project is fulfilling its purpose of increasing economic, social and cultural diversification as Saudi Arabia moves beyond its ‘peak-oil’ era. A key element of this transition is the private markets.

For over 30 years, Saudi Arabia has proved one of the world’s most reliable destinations for raising private capital. But in 2024, Saudi Arabia will elevate this historic relationship with fund managers through stronger collaboration with them, focusing on deploying capital domestically to advance economic projects. In turn, it is fulfilling its Saudi Vision 2030 ambitions.

Fund managers have recognized their opportunity to capitalize on Saudi Arabia’s growth trajectory in recent years. Between 2018 and January 2024, Preqin data shows that the number of Saudia Arabia-based fund managers increased by 213%, or from 47 to 147.

Appetite for domestic investment: Private equity and venture capital deals
David Dawkins, lead author of the report, at Preqin, says:

“In 2024, Saudi Arabia is increasingly looking to use private capital to support the country’s burgeoning entrepreneurial class in preparation for life after oil. To help build domestic businesses and create jobs for its young population, investors in the region are seeking to collaborate with fund managers on knowledge transfer, infrastructure development, and co-investment.”

By the end of 2023, the gap almost entirely closed between the number of private equity and venture capital deals that Saudi Arabian investors completed at home, compared to those overseas. 118 were completed in Saudi Arabia and 119 completed abroad, in 2023. In comparison, Saudi Arabia completed 100 private equity and venture capital deals domestically and 151 abroad, in 2022.

Saudi Arabia proved a sunny spot during the venture capital ‘winter’ of 2020 to 2023, where deal making slowed globally. Venture capital aggregate deal value in Saudi Arabia reached $1.02bn in 2023, rising from $794mn in 2022.

Additional key findings of The Rise of Private Capital in Saudi Arabia Preqin Territory Guide include:

* Venture capital co-investment: There were 47 venture capital deals between non-Saudi Arabian fund managers and Saudi Arabian investors from 2018 to 2023. Almost three quarters, or 34, of the 47 deals were made between 2021 and 2023, highlighting the momentum of this trend going into 2024 and beyond.

* Notable venture capital deals: Tamara, a banking, payments, and shopping platform, became the Kingdom’s first fintech unicorn after securing $340mn in a Series C equity funding round in December 2023.

* Number of Saudi Arabia-focused private capital managers: By the end of 2021, there were 131 active managers focused on capital deployment in Saudi Arabia. By January 2024, there were 276, representing a 111% increase over the period.

If you would like more information or would like to speak with the report author, please contact Dawn Bowles at dawn.bowles@preqin.com.

About Preqin
Preqin, the Home of Alternatives™, empowers financial professionals who invest in or allocate to alternatives with essential data and insight to make confident decisions. It supports them throughout the entire investment lifecycle with critical information and leading analytics solutions. The company has pioneered rigorous methods of collecting private data for 20 years, enabling more than 200,000 professionals globally to streamline how they raise capital, source deals and investments, understand performance, and stay informed. For more information visit www.preqin.com.

GlobeNewswire Distribution ID 1000927083

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Gordon Brothers Offering for Sale by Private Treaty Royal Falcon One Superyacht

London, March 04, 2024 (GLOBE NEWSWIRE) — Gordon Brothers, the global asset experts, is exclusively offering for sale by private treaty the Royal Falcon One superyacht.

Royal Falcon One was built in 2019 and is the world’s only luxury catamaran superyacht created by Studio F.A. Porsche. The vessel is a generous four-deck, 10-berth catamaran benefiting from best-in-class design and artisanry.

The superyacht has a range of 1,200 nautical miles and boasts onboard facilities including five VIP suites, four crew cabins, 10-seat dining table, three bars and a relaxing sundeck featuring a lounge area and jacuzzi. A shallow draft enables the yacht to access and anchor in the most secluded coves.

“Royal Falcon One presents a unique opportunity for the discerning buyer to acquire a one-of-a-kind catamaran under 500 gross tons,” said Oliver Veart, Director, Marine & Valuations at Gordon Brothers. “The vessel is berthed in Genoa, Italy and available for prompt delivery in time for the Mediterranean summer season.”

For further details, please contact Oliver Veart at oveart@gordonbrothers.com. For vessel specifications, please visit our website.

Gordon Brothers has established a dedicated marine services and valuations practice that leverages decades of experience buying, selling and valuing assets in the commercial and industrial economy across Australia, Brazil, Canada, the U.K., Europe, Japan and the U.S. The firm provides advisory services including fleet and vessel renewal analysis, disposition and investment strategies.

About Gordon Brothers

Since 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, management teams, advisors and investors move forward through change. The firm brings a powerful combination of expertise and capital to clients, developing customized solutions on an integrated or standalone basis across four services areas: valuations, dispositions, financing and investment. Whether to fuel growth or facilitate strategic consolidation, Gordon Brothers partners with companies in the retail, commercial and industrial sectors to provide maximum liquidity, put assets to their highest and best use and mitigate liabilities. The firm conducts more than $100 billion worth of dispositions and appraisals annually and provides both short- and long-term capital to clients undergoing transformation. Gordon Brothers lends against and invests in brands, real estate, inventory, receivables, machinery, equipment and other assets, both together and individually, to provide clients liquidity solutions beyond its market-leading disposition and appraisal services. The firm is headquartered in Boston, with over 30 offices across five continents.

Lauren Nadeau
Gordon Brothers
+1.617.422.6599
lnadeau@gordonbrothers.com

GlobeNewswire Distribution ID 9056588

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President Al-Mashat directs preparation of program of free medical services phase II


His Excellency Field Marshal Mahdi Al-Mashat, Chairman of the Supreme Political Council, met on Monday with the Minister of Public Health and Population of the caretaker government, Dr. Taha Al-Mutawakel, a number of the ministry’s leadership, and a number of directors and heads of health authorities.

During the meeting, the Minister of Health presented a detailed report to HE President Mahdi Al-Mashat on what has been achieved during the last period.

His Excellency the President praised the efforts made by the Ministry of Health in improving health services despite the tightening of the blockade and the lack of government support for the health sector.

His Excellency President Mahdi Al-Mashat directed the Minister of Health to prepare for the program of free medical services for poor and needy families, the second phase, and the completion of the equipping of the Heart Center and the Kidney Center at Al-Thawra Hospital Authority in Amanat Al-Asimah, the Oncology Center and the Liver Center at Al-Jumhouri
Hospital and Al-Sabaeen Hospital, and the establishment of a Pediatric Medicine and Surgery Center at Kuwait University Hospital, which will join the free medical services program in the second phase with government support and with the participation of the General Authority for Zakat.

Source: Yemen News Agency

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Jordan’s exports to EU countries drop by 6.4% in 2023Inaugurating distribution of in-kind institutional support to number of districts in Hodeida

Amman: The value of Jordanian exports to European Union (EU) countries experienced a decline of 6.4 percent in 2023, amounting to JD409 million, compared to JD437 million in 2022.

Based on data from the Department of Statistics (DoS), as reported by the News Agency (Petra), the value of the Kingdom’s imports from EU countries also decreased by 7.1 percent in the past year, totaling JD2.797 billion, compared to JD3.011 billion in 2022.

Consequently, the total trade volume between Jordan and the eurozone in 2023 reached approximately JD3.206 billion, in contrast to JD3.448 billion in 2022.

Analyzing the statistics, the trade deficit of the Kingdom with EU countries stood at around JD2.388 billion for the year, compared to JD2.574 billion in 2022.

The Netherlands emerged at the top of the list of European countries in terms of Jordanian exports to the EU during the past year, with exports valued at JD79 million.

On the other hand, Romania ranked first among countries from which Jordan imports, with imports
amounting to approximately JD259 million.

Source: Jordan News Agency

The First Undersecretary of Hodeida province, Ahmed Al-Bishri, inaugurated today,Monday, the distribution of in-kind institutional support provided to a number of the province’s directorates, in coordination with Local Administration Ministry , funding from the European Union, and implementation of the United Nations Development Programme.

The support, consisting of office furniture, network connectivity, computers, printers, solar energy systems, display devices, as part of the project to enhance institutional and economic resilience in Yemen, targets the districts of Al-Hawk, Bayt Al-Faqih, Al-Sukhnah, Al-Munira, and Jabal Ras.

At the inauguration, the human agent praised the support project to provide the institutional needs of a number of province directorates, helping the offices to complete transactions and provide services to citizens better.

At the inauguration also, in the presence of the governor’s representatives, Muhammad Halisi and Ali Al-Kabari, the project coordinator, Fawzi Mahyoub, explain
ed that the support comes within the project to enhance institutional , economic flexibility, to enhance the capacity of the local authority and its cooperation with the community in achieving local development.

Source: Yemen News Agency

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Judicial Council approves number of penalties for some judges


The Supreme Judicial Council, chaired by the Head of the Council, Judge Ahmed Yahya Al-Mutawakkil, heard, in council weekly meeting today,Monday, a briefing from the head of the Judicial Inspection Authority regarding holding training courses for alternate judges during the judicial holiday period of the holy month of Ramadan, with regard to urgent cases and how to deal with them in accordance with the law.

The Council called on the judges and prosecutors in charge to adhere to their regular hours, and to be fully diligent in issuing orders on petitions that must not affect the essence of the right.

The Council directed the Judicial Inspection Authority to follow up on the regularity of work progress by the judges and prosecutors on duty in the courts , prosecution offices, and to submit a report thereon to the Council.

The Council approved the imposition of appropriate penalties against three judges for committing behavioral violations in the performance of their job duties in accordance with the law.

It
agreed to file the disciplinary case brought by the Judicial Inspection Authority against one of the judges, and to refer him to the Accounting Council.

The Council reviewed the grievance of one of the judges and took appropriate action in accordance with the law.

It also reviewed a number of requests referred by the Office of the Presidency of the Republic regarding a request to reconsider some judicial rulings issued against a number of complainants, and took appropriate decisions regarding them.

The Council discussed a number of topics on its agenda, took appropriate decisions regarding them, and approved the minutes of its previous meeting after making some amendments to it.

Source: Yemen News Agency

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Sana’a banking institute initiates microfinance platform in Yemen


The Sana’a City-based Institute for Banking Studies on Monday kicked off a microfinance platform in Yemen.

The platform is aimed to smoothen access to all microfinance providers at one window round the clock, spread the service, and promote the use of digital financial services.

The platform application can be downloaded at (https://play.google.com/store/apps/details?id=com.yma.ymp.yma), the institute director said, hailing the efforts exerted by banks, programs and institutions.

Source: Yemen News Agency

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Water Deputy Minister reviews implementation level of water projects in Aslam, Hajjah, and Al-Zahra, Hodeida


Deputy Minister of Water and Environment Haneen Al-Duraib, Head of the Rural Water Projects Authority, Adel Saleh Bader, UNICEF Water and Environmental Sanitation Specialist Fouad Aburas inspected water projects implemented by the Authority’s Water Emergency Unit with UNICEF funding in Aslam District, Hajjah province, and Al-Zahra District, Hodeida province.

Al-Duraib, along with the directors of the Water Emergency Unit, Abdul Karim Al-Akhram, the branch of the Supreme Council for Humanitarian Affairs in Hajjah , Allan Fadail, and the branch of the Rural Water Projects Authority in Hajjah and Al-Hodeida, Saleh Al-Falahi and Ahmed Al-Hadi, were briefed on the project to implement Al-Dhahr water project, which costs $196,000, benefiting 428 families.

They also reviewed the level of implementation of the water delivery project to camps for displaced people and the host community in Al-Hakamiya, which benefits 392 families at a cost of $175,000.

Al-Duraib, Badir and Abu Ras inspected the Damig water projects,
which cost $96,000 , serve 503 families, and the smelter water project, which targets 355 families.

During the visit, the Deputy Minister of Water and Environment pointed out the importance given to water projects by the revolutionary leadership and the Supreme Political Council, as they are sustainable projects that touch the needs of the displaced, the affected, and the citizens, especially in light of the current circumstances.

He praised the integrated roles in implementing projects and the Water Emergency Unit to correct the activities of humanitarian partners in the water sector and the role of the humanitarian partner in this aspect, stressing the necessity of expanding the circle of water projects in the directorates of Hajjah and Al-Hodeida provinces, which lack these projects.

While the Director General of the Water Emergency Unit, Al-Akhram, indicated that the total number of projects currently implemented by the Emergency Unit with the support of UNICEF is nine projects, and five projects were
operated last June at a cost of one million and 328 thousand dollars, benefiting two thousand and 820 families.

Source: Yemen News Agency

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Discussing priority road projects in province’s plan for 1446 AH in Ibb


A meeting in Ibb province today,Monday, headed by the governor’s local secretary general, Amin Al-Warafi, discussed the priorities of road projects in the province within the 1446 AH plan, at an estimated cost of one billion and 700 million Riyals.

The meeting, which included the province’s deputy, Qasim Al-Masawa, the directors of the Public Works and Roads Office, Engineer Ibrahim Al-Shami, the internal audit, Muhammad Al-Madhawi, and the head of the technical committee, Engineer Issam Al-Mukhadri, also discussed community initiative projects in the works and roads sector during the next year, which number 25 initiatives in several directorates at a cost of 800 million Riyals.

Al-Warafi stressed the keenness of the leadership of the local authority to maintain the completion of the approved priority projects within development plans and programs in a way that contributes to improving the service situation… stressing the need to adhere to the approved technical specifications and the time period specifie
d for each project.

Source: Yemen News Agency