Categories
Press Releases

‫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

Categories
Press Releases

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%.

Categories
Press Releases

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

Categories
Press Releases

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

Categories
Press Releases

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

Categories
Press Releases

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

Categories
General

(Syria’s Reconstruction – Opportunities and Investments) Conference held in Tehran


Tehran, With participation of 150 Iranian companies, the ‘Syria’s Reconstruction – Opportunities and Investments’ conference was held Sunday in the capital, Tehran, in cooperation between Iranian Export Organization, the Syrian Embassy in Iran, and Syrian businessmen.

The conference aims to introduce opportunities to enter Syrian markets, procedures for entering technical and engineering services companies, rebuild factories, supply goods, and identify the investment potentials that exist in Syria.

The conference also aims to introduce Syrian products, mechanisms for exporting them to Iran, and ways to remove export obstacles, especially with the presence of administrative and legal facilities and procedures undertaken by the Syrian government.

Syria’s Ambassador to Tehran, Dr. Shafiq Dayoub, stressed in a speech during the conference the importance of developing joint cooperation in all fields, holding specialized exhibitions, and achieving real, qualitative, purposeful partnerships that rise to the level
of deep-rooted strategic relations in order to achieve the common interests of the two friendly countries and the two peoples.

Dayoub stressed the need for investment and the establishment of joint commercial and investment companies between the two sides.

The Syrian Ambassador noted that Syria provides facilitations to investment and production operations, and Iranian companies can benefit from this.

He underlined the importance of the private sector in implementing joint production and investment projects, in addition to the importance of holding mutual exhibitions in the two countries to introduce products and facilitate the flow of goods.

Dayoub stressed the importance of working to reconstruct the infrastructure and services destroyed by the unjust war on Syria, rehabilitating factories and laboratories, and creating new factories and production lines.

For his part, Director General of the West Asia Division at the Iranian Trade Promotion Organization, Abdolamir Rabihawi, highlighted the importance
of Syria and the Syrian market in the region and the desire of Iranian companies and Iranian businessmen to work and invest in it in various fields.

Source: Syrian Arab News Agency

Categories
General

Syria discuss with ICRC, UNDP cooperation to improve power plants situation


Damascus, Minister of Electricity, Engineer Ghassan al-Zamil, discussed with Head of the International Committee of the Red Cross (ICRC) delegation, Stephan Sakalian, and Resident Representative of the United Nations Development Program (UNDP), Sudipto Mukherjee, cooperation regarding improving the situation of power plants in Syria and securing the necessary spare parts for them.

Minister al-Zamil reviewed the reality of power generation plants under the siege and coercive sanctions imposed on Syria, stressing that there is an urgent need to rehabilitate and maintain many power plants.

He noted that the Ministry of Electricity is continuing its strategy to rehabilitate all components of the electrical system destroyed by terrorism, in cooperation and coordination with all international organizations that provide assistance, in addition to participatory solutions and support from friends of Syria.

Minister of Electricity expressed thanks and appreciation for the efforts made by these organizations in the e
lectricity sector, stressing the need to increase the support provided and develop plans within its time frame to improve the reality of electricity generation.

In turn, head of the International Committee of the Red Cross delegation expressed appreciation for the coordination provided by the Syrian government to the work of the Red Cross,

He expressed the committee’s readiness to enhance cooperation with the United Nations Development Program (UNDP) to achieve the greatest benefit for the electricity sector in Syria.

The UNDP Country Director noted that the program previously provided large support for power generation plants before 2015, but this support decreased after the siege and sanctions imposed on Syria, expressing full readiness within the available capabilities to improve the reality of power generation plants.

Source: Syrian Arab News Agency

Categories
General

Israeli forces arrest ten Palestinians south of Hebron


Occupied Jerusalem, Israeli occupation forces arrested ten Palestinians on Monday at dawn, south of Hebron city in the West Bank.

The occupation forces stormed Dura town, south of Hebron and arrested ten Palestinians, according to Wafa News Agency.

Meanwhile, the occupation forces destroyed a house in Nablus city after forcing the residents to leave it.

The occupation forces also arrested six Palestinians in several areas of the West Bank.

Rafah al-Allouni/ Ruaa al-Jazaeri

Source: Syrian Arab News Agency

Categories
General

More Palestinian martyrs in continued Israeli aggression on the Gaza Strip


Occupied Jerusalem, A number of Palestinians were martyred and others were injured on Monday at dawn in the continued aggression launched by the Israeli occupation on the war-ravaged Gaza Strip for the 150th consecutive day.

Palestinian media stated that Israeli aircraft shelled a house in Khirbet al-Adas north of Rafah City, southern Gaza Strip, which led to the martyrdom of seven Palestinians, including children and women and the injury of others.

Israeli warplanes also shelled a house in al-Trans area in Jabalia, northern Gaza Strip.

Palestinian Health Ministry announced Saturday the increase in the number of victims of the ongoing Israeli aggression since last October to 30,410 martyrs and 71,700 wounded in an indefinite toll, in addition to thousands of victims who are still under rubble and on the roads, as the occupation prevents the arrival of ambulance and rescue crews to them.

Source: Syrian Arab News Agency