eXp Realty Names Leo Pareja as CEO to Drive Next Era of Growth and Innovation

Founder Glenn Sanford remains as Chairman and CEO of eXp World Holdings to Drive Overall Company Performance

eXp Realty Names Leo Pareja as CEO to Drive Next Era of Growth and Innovation

Founder Glenn Sanford remains as Chairman and CEO of eXp World Holdings to Drive Overall Company Performance

BELLINGHAM, Wash., April 05, 2024 (GLOBE NEWSWIRE) — eXp Realty®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced the appointment of Leo Pareja as its new Chief Executive Officer (CEO), effective immediately. He succeeds Glenn Sanford, who will now fully dedicate his efforts to his position as Founder, Chairman, and CEO of eXp World Holdings.

In his previous role as Chief Strategy Officer, Pareja was instrumental in solidifying eXp Realty’s standing in the competitive real estate marketplace. His visionary leadership and remarkable track record has greatly enriched the company’s value proposition to its agents. For example the successful launches of strategic initiatives like eXp ExclusivesRevenos and significant enhancements to eXp Solutions.

“Leo’s innovative and recognized industry leadership has elevated our agent-value proposition by reshaping referrals and lead-generation,” said Sanford. “His deep industry experience and influence on our community have been profound, and I trust that under his direction, eXp Realty will further fortify its competitive advantage and deliver unparalleled value to our agents, further cementing our position as a ground-breaking leader in the real estate industry.”
The announcement comes as eXp Realty is recognized in the top spot in five categories on the coveted RealTrends 500 report: Transaction Sides, 5 Year Top Movers (Sides), 5 Year Top Movers (Volume), Best Brokerages and Public Independent. The company also moved up to No. 3 in two categories: Volume and Billionaires’ Club. The company continues to prove its model as it gains market share, welcoming the best agents in the industry.

“As we step into this new chapter at eXp Realty, I am honored to lead a company that has always placed innovation and agent success at the forefront of its mission,” said Pareja. “Together, we will not only continue to redefine the real estate landscape through technology and unparalleled agent support but also empower every member of our community to achieve their full potential.”

Having joined eXp Realty in 2022, Pareja brings over two decades of real estate experience, highlighted by numerous accolades including recognition in RealTrends’ The Thousand report, topping the National Association of Hispanic Real Estate Professionals’ (NAHREP) Top 250 list, and being named a 30 under 30 agent by Realtor® Magazine. His entrepreneurial spirit is evidenced by his co-founding of one of the largest private lending companies on the U.S. East Coast and a rapidly growing MLS technology vendor. He has also played significant roles in the National Association of Hispanic Real Estate Professionals, serving as the founding president of the Metro D.C. chapter and later as the national president.

About eXp World Holdings, Inc.
eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty®, Virbela® and SUCCESS® Enterprises. eXp Realty is the largest independent real estate company in the world with more than 85,000 agents in the United States, Canada, the United Kingdom, Australia, France, India, Mexico, Portugal, South Africa, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama, Germany, the Dominican Republic, Greece, New Zealand, Chile, Poland and Dubai and continues to scale internationally. As a publicly traded company, eXp World Holdings provides real estate professionals the unique opportunity to earn equity awards for production goals and contributions to overall company growth. eXp World Holdings and its businesses offer a full suite of brokerage and real estate tech solutions, including an innovative residential and commercial brokerage model, professional services, collaborative tools and personal development. The cloud-based brokerage is powered by Virbela and Frame technologies, offering immersive 3D platforms that are deeply social and collaborative, enabling agents to be more connected and productive. SUCCESS® Enterprises, anchored by SUCCESS® magazine and its related media properties, was established in 1897 and is a leading personal and professional development brand and publication.

For more information, visit https://expworldholdings.com.

Media Relations Contact:
eXp World Holdings, Inc.
mediarelations@expworldholdings.com

Investor Relations Contact:
Denise Garcia
investors@expworldholdings.com

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Estonia’s First Pumped-Hydro Energy Storage Project Zero Terrain partners with the Estonian government and receives a grant of €1,9M

Zero Terrain

Estonia’s First Pumped-Hydro Energy Storage Project Zero Terrain

TALLINN, Estonia, April 04, 2024 (GLOBE NEWSWIRE) — The Estonian Ministry of Climate signs the Memorandum of Understanding (MoU) with energy company Zero Terrain to help Estonia achieve its 100% renewable energy goal by 2030. With this cooperation, Zero Terrain is collaborating closely with the government to devise solutions to enable the realisation of the pumped-hydro energy storage (PHS) project in Estonia, including supporting securing capital and addressing market challenges.

Additionally, Zero Terrain receives a grant of €1.98M from the state’s applied research programme to support Zero Terrain project development in Estonia and technology export.

The Zero Terrain Paldiski 500MW underground long-duration energy storage plant is a significant advancement of the conventional PHS technology, making it possible to build anywhere, even on flat land.

Zero Terrain Paldiski represents a notable milestone in the country’s energy system. Paldiski Pumped Hydro Energy Storage plant is an EU Project of Common Interest (PCI project). It is the only greenfield pumped hydro energy storage project in the Northern Baltic region and will also be the largest facility in the country.

“Signing the MoU is a significant step forward in Zero Terrain’s journey towards a clean and secure energy future. We believe there can’t be a renewable energy-driven energy system without large-scale, long-duration energy storage. This collaboration signifies the cooperation and a commitment to driving positive change in the Estonian renewable energy landscape,“ says Peep Siitam, the Founder and CEO of Zero Terrain.

Estonia´s first long-duration energy storage project, Zero Terrain Paldiski, obtained the main building permits in December 2022. Construction of the country’s first pumped-hydro storage plant will begin in 2025. During the nominal operating cycle of 12 hours, Zero Terrain Paldiski generates 6GWh of power to the grid, which is somewhat more than the average daily consumption of all Estonian households.

Zero Terrain also receives a grant of 1.98M€ from the state’s applied research programme. According to Siitam, the grant will be used to develop Zero Terrain modular design, start development activities in other countries, and involve new investors in Zero Terrain Paldiski, Estonia.

“Zero Terrain is developing large-scale energy storage technology, enabling Estonia and other countries to switch to renewable energy more widely with such significant advancement of the conventional PHS technology,” says Arbo Reino, an energy expert of the Estonian Business and Innovation Agency.

“The global need for long-duration energy storage (LDES) capacity is undeniable. 85–120 TWh-hours of LDES is needed globally by 2040 (McKinsey, 2021), so the interest in our technology and project is high, especially in regions where the traditional PHS was impossible to implement due to geographical limitation,” explains  Siitam.

ZeroTerrain

Zero Terrain is jointly owned by the Estonian energy company AS Alexela, Baltic-Polish renewable energy company Sunly AS, Vool OÜ, Combiwood Grupp OÜ, Warmeston OÜ, and Ronnivara OÜ.

For media inquiries and more information, please contact: Hedwig.Meidra@zeroterrain.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2cbd052e-529e-4878-b248-52bed8e1134f

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Army chief visits King Abdullah II Special Operations Training Center


Amman: Chairman of the Joint Chiefs of Staff, Maj. Gen. Yousef Huneiti, yesterday, visited King Abdullah II Special Operations Training Center (KASOTC).

Huneiti listened to a briefing given by the Center’s Director regarding the tasks and duties that the Center performs as well as its future goals of creating training plans in the field of special operations.

He was briefed on the most significant modifications that occurred in the center’s training fields and infrastructure, which support the development of special operations and counter-terrorism training.

Huneiti praised the distinguished level of preparation and readiness that the center had achieved, expressing his admiration for the distinguished level and professionalism enjoyed by the center’s members.

Notably, the King Abdullah II Center was established in 2009 by Royal Decree with the objective of offering the most recent tactical expertise and training techniques while utilizing cutting-edge technology in the domains of special operations and c
ounter-terrorism.

Source: Jordan News Agency

120k worshipers perform Ramadan’s last Friday prayer at Al-Aqsa


Occupied Jerusalem: Despite Israeli restrictions, about 120,000 worshipers performed Ramadan’s last Friday prayer at Al-Aqsa Mosqu in the occupied city of Jerusalem, according to the Islamic Awqaf Department.

In a statement, the Islamic Awqaf Department said that the occupation forces had turned back dozens of elderly people who were going to Al-Aqsa Mosque at the military checkpoint north of Bethlehem and the Qalandiya checkpoint north of Jerusalem.

Source: Jordan News Agency

Rallies countrywide in solidarity with Gaza


Amman: Following Friday prayer, popular, youth, and political groups participated in marches that were held throughout the Kingdom’s governorates, including the capital Amman, to protest the ongoing brutal Israeli aggression against the Palestinian people.

Since October 7th, this aggression has resulted in 33,091 martyrs and 75,750 injuries, the majority of which are to women and children.

The participants chanted slogans in support of the resistance and denounced the crimes of the occupation, as well as the aggression and crimes committed by the occupying state against the people of the Gaza Strip and the oppressive siege imposed upon them. They also denounced the support of the West and the United States for these crimes.

The marchers expressed gratitude to Jordan for its support of the brethren in Gaza and the West Bank, as led by His Majesty King Abdullah II.

Source: Jordan News Agency

Israeli strikes destroyed 62% of Gaza’s residential buildings – UN report


Amman: More than 60 percent of the homes in the besieged strip are either damaged or destroyed as a result of Israel’s ongoing bombardment on Gaza, according to the UN agency for Palestinian refugees.

According to a joint Interim Damage Assessment summary released by the UN, World Bank, and European Union, “the ongoing conflict has damaged or destroyed approximately 62 percent of all homes in Gaza,” the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) stated on Thursday.

Source: Jordan News Agency

200k perform Isha, Tarawih prayers at Al-Aqsa Mosque


Amman: Despite the limitations imposed by the Israeli occupation, over 200,000 worshipers performed the Isha and Tarawih prayers at Al-Aqsa Mosque in the occupied city of Jerusalem.

In the occupied city of Jerusalem, the Israeli occupation police bolstered their forces and stationed over 3,000 police officers around the Old City and Al-Aqsa Mosque.

Source: Jordan News Agency

Mercy Corps implements JD5m project to support smallholder farmers in Jordan


Amman: Mercy Corps is carrying out the Jordan HortiFuture Program, a comprehensive initiative designed to improve the income opportunities and long-term resilience of smallholder farmers in Balqa, Irbid, Ajloun, and the Jordan Valley, as well as to strengthen the horticulture sector as a whole along the entire value chain.

In order for women, youth, and refugees to benefit from the project’s services and for smallholder farmers to increase the caliber and productivity of their agricultural endeavors, it aims to guarantee inclusivity and integration of these groups.

Mercy Corps is conducting the HortiFuture Program in collaboration with Wageningen University and Research (WUR) and Advance Consulting. The program is being generously financed by the Embassy of the Kingdom of the Netherlands, with an allocation of roughly JD5 million dinars.

HortiFuture’s project manager, Tala Al-Momani, stressed that the project is essential to helping Jordanian smallholder farmers embrace sound agricultural practices and pro
vide agricultural services. This is the result of an extensive training program that has reached over 5,000 smallholder farmers in the locations that are being targeted.

Furthermore, the project has provided these farmers with new agricultural technologies, including methods for water gathering, organic fertilizing, irrigation networks, and harvesting equipment. This has been made possible by the awarding of 100 minor grants.

Al-Momani told Jordan News Agency (Petra) that the project also makes interest-free loans available to roughly 300 smallholder farmers via the Agricultural Credit Corporation (ACC), expands their options for securing funding, and improves the efficiency of agricultural businesses.

The Olive Festival, which is a major marketing platform for Jordanian farmers, was funded by the project in association with the National Agricultural Research Center (NARC), one of its noteworthy accomplishments. The recent celebration helped the monarchy sell around 25 percent of its olive and olive oil pr
oduction.

In addition, the program tirelessly collaborated with the Jordan Olive Products Exporters Association (JOPEA) to create a niche brand for aged olive oil. The objective of this endeavor was to certify aged olive oil as a niche commodity and encourage olive growers to implement sustainable farming methods. In collaboration with smallholder farmers, the association introduced the “Ateeq” product, which enabled them to get a price that was 38 percent greater than the market value.

Al-Momani also stated that the initiative worked to build innovative goods that directly correspond to the requirements of farmers and increase the links between the smallholder farmer and the market. The project awarded six grants to develop agricultural commercial services.

By strengthening donor-implementer coordination, growing the National Agricultural Research Center’s (NARC) laboratory facilities, and collaborating with the Agricultural Extension Directorate to improve services and increase awareness of the value of
preserving soil health on about 150 farms, the project also improved the enabling environment for the agricultural sector.

Source: Jordan News Agency

Gaza death toll rises to 33,091 martyrs


Gaza: The Gaza Health Ministry said Friday the death toll from Israel’s ongoing war rose to 33,091, most of them children and women, since the start of the aggression on October 7.

The ministry also said the total number of injuries climbed to 75,750, adding that thousands of victims remained buried under the rubble of buildings flattened by air strikes.

It said Israeli forces carried out 5 massacres against families in the past 24 hours, leaving 54 people dead and 82 injured.

Source: Jordan News Agency

Massive marches in five squares in International Al-Quds Day march in Al-Dhale’


Al-Dhale’ province witnessed massive marches in five squares in the province center and districts on the occasion of International Al-Quds Day.

Participants in the marches raised the flag of Palestine and chanted slogans and chants against the Zionist enemy entity , affirmed the continued support , assistance of the Palestinian people and their valiant resistance until the usurping entity is defeated , Al-Aqsa and the occupied Palestinian territories are liberated from the filth of the Zionists.

They blessed the operations of the Yemeni armed forces targeting the American, British and Zionist enemy ships in the Red and Arab Seas, and targeting sensitive sites of the enemy entity in occupied Palestine, in support of the Palestinian people in Gaza and the occupied territories.

They affirmed their preparedness and readiness to fight the battle of the ‘promised conquest and holy jihad’ in the face of the tyranny of the Jewish Zionist lobby and the American-British enemy, reviving the jihadist spirit, rallying
around the revolutionary leadership to confront the Zionist entity and confront the blatant aggression against Yemen.

A statement issued by the marches reaffirmed the pledge and loyalty to God, His Messenger, and the leader of the revolution in committing to supporting the Palestinian people and their just cause.

It declared readiness and preparedness to implement the directives of the wise revolutionary leadership for any options it adopts to combat the enemies of God and humanity.

The statement referred to what the Palestinian people have been facing for half a year from the dirtiest, comprehensive, criminal, Zionist-American colonial war of genocide in Gaza and the Palestinian territories.

The march statement also renewed its demand for those who prevent Yemenis and Palestine to open safe land corridors for the people of Yemen to enter the occupied territories to harass the Zionist enemy… stressing the importance of escalating the awareness campaign to boycott American , Israeli goods and companies t
hat support the entity.

The statement praised the popular and official interaction with the boycott campaign, which must turn into a continuous culture and not an instantaneous interaction, calling on all the peoples of the Arab , Islamic nation and the peoples of the world to intensify efforts to raise awareness of the importance of the boycott due to its positive results.

Source: Yemen News Agency

Crowds of millions of Yemeni women Amanat Al-Asimah on International Al-Quds Day


Crowds of millions of Yemeni women from the Municipality of the Capital came out today,Friday, in the square south of the Military College in Rawda neighborhood to commemorate International Al-Quds Day.

Participants in the march carried the Yemeni and Palestinian flags, slogans of freedom and disavowal of the enemies of God, and banners that affirmed complete solidarity with the Palestinian people.

During the march, the Director of the Women’s Development Department and Coordinator of the Women’s Authority in the Secretariat, Ibtisam Al-Mahatwari, pointed out that commemorating International Al-Quds Day is an embodiment of the faith identity and the Yemeni people’s steadfast positions to support the Palestinians against the Israeli enemy entity, which continues to commit crimes, usurp the land of Palestine, and confiscate the rights of the Palestinian people.

While a statement issued by Al-Masirah announced its full readinessand to implement the directives of the wise leadership for any options it adopts
to combat the enemies of God and humanity, stressing that the Palestinian issue is the nation’s first and fundamental issue and that the nation must protect and care for the sanctities and take the initiative to liberate them.

International Al-Quds Day was considered an important Islamic occasion, renewing the pledge and loyalty to God, His Messenger, and the blessed leadership to commit to supporting the Palestinian people, who for half a year have been facing the most insidious and dirtiest of all-out criminal, Zionist-American colonial war of genocide in Gaza and all of Palestine.

It blessed the heroic operations of the various Palestinian factions, and the Islamic resistance in Lebanon , Iraq, which disturbs the Zionists and Americans.

The statement also announced the continuation of general mobilization and armed popular mobilization in preparation for active participation with the Yemeni armed forces in fighting any battle, whether on land or at sea.

The statement stressed the importance of escalati
ng the awareness and education campaign to boycott American , Israeli goods and the companies that support them, praising the popular and official interaction with the boycott campaign, which must turn into a continuous culture and not an instantaneous interaction.

It appreciated all the positions, activities and events in support of the oppressed Palestinian people and against the Zionist entity, once again calling on the entire world, especially the Arab and Islamic countries, to criminalize Zionism, comprehensively boycott the Zionist entity, and cancel all forms of normalization with it.

The statement condemned the Zionist crime of the barbaric attack on the embassy of the Islamic Republic of Iran in Syria, stressing that this attack violates all international norms and conventions

Source: Yemen News Agency