Egypt’s Seqoon, a holiday home fractional ownership company, has announced its expansion into the UAE market, with the launch of its premier properties in Dubai. Founded in 2022 by Omar Eldessouky and Mohamed El Khatieb, Seqoon allows users to own shares – between one-eighth and one-half – of a vacation home. The company’s innovative approach breaks down affordability barriers, offering users a seamless and hassle-free way to own pieces of luxury real estate. “Dubai’s dynamic real estate market and thriving tourism aligns perfectly with Seqoon’s mission of making property ownership more accessible and enjoyable. We’re thrilled to introduce our innovative model to the vibrant city of Dubai,” said El Khatieb.

December 22, 2023 15:00 UTC

DUBLIN--(BUSINESS WIRE)--The "Construction Market Size, Trends and Growth Forecasts by Key Regions and Countries, 2023-2027" report has been added to ResearchAndMarkets.com's offering. The global construction industry is set to expand at a moderate pace. Output Trends: Latest output trends have been analyzed, offering an insight into key markets' construction industry performance. Report ScopeAn overview of the outlook for the global construction industry to 2027. A comprehensive benchmarking of 91 leading construction markets according to construction market value and growthAnalysis of the latest data on construction output trends in key markets.

December 22, 2023 13:57 UTC

Without a loan, the country may default on its foreign debt in 2024 or 2025. As the economy has floundered, the state has turned increasingly to foreign debt to prop it up. It describes the scenarios that would result from either obtaining an IMF loan or from failing to secure one, followed by a foreign debt default. Nevertheless, these views seem to short-sell or overlook a number of considerations that suggest foreign debt default could well spin out of control. In this event, as discussed, the risk of default on Tunisia’s debt will increase significantly.

December 22, 2023 13:50 UTC

SHENZHEN, China--(BUSINESS WIRE)--VOOPOO is excited to announce the arrival of the VOOPOO DRAG X2, DRAG S2 with PnP X platform in the Middle East and North Africa market. PnP X Coil, Long-Lasting Lifespan and TasteBased on the PnP platform, VOOPOO PnP X platform brings a long-lasting coil lifespan without flavor fading and coil burning. A PnP X coil can sustain 100 mL e-liquid and a pack of PnP X coils can company you for a whole season. DRAG X2 comes with PnP X Cartridge DTL (with PnP X 0.15 Ω/0.3 Ω). It’s worth mentioning that the cartridges and coils of VOOPOO PnP X coils are only compatible with DRAG X2 and DRAG S2.

December 22, 2023 13:34 UTC

Marburg Therapeutics MarketDuring the forecast period 2023 to 2033, the Marburg virus disease therapeutics market is expected to grow at a value of 5.5% CAGR, according to Future Market Insights. Key Takeaways:The hospitals segment is expected to hold 45% of the market share in 2023 for Marburg virus disease therapeutics market. The Marburg virus disease therapeutics market is expected to grow at a value of 5.5% CAGR for forecast period 2023-2033. North America is expected to possess 43% market share for Marburg virus disease therapeutics market in 2023. Asia Pacific Marburg virus disease therapeutics market size is expected to possess 39% market share in 2023.

December 22, 2023 13:04 UTC





The Freeport Saldanha SEZ is poised to become one of the first movers to establish a green hydrogen hub in southern Africa. Kaashiefah Beukes, CEO of Freeport Saldanha SEZ, says the economic zone is going to be a big mover of South Africa’s project pipeline because it has so much enabling infrastructure already invested in it. Use promo code ESI10 to get a discount on your delegate ticket when you register for Africa's Green Economy Summit in Cape Town from 21 to 23 February 2024. Find out more about Beukes’ participation at Africa’s Green Economy Summit. ESI Africa is proud media host to Africa’s Green Economy Summit.

December 22, 2023 13:01 UTC

Russia was ready to supply more grain to Tunisia, Moscow's Foreign Minister Sergei Lavrov said Thursday during a visit to the North African country grappling with shortages fuelled by drought. "There is interest in increasing deliveries of our grain," said Lavrov, without specifying the conditions or cost. Over the past four years, Tunisia has been plagued by drought, which dealt a major blow to its last grain season. The North African country almost exclusively depends on imports for cereals and is in dire need for durum wheat, soft wheat and barley until spring 2024 at least. Lavrov said after meeting with Tunisian Foreign Minister Nabil Ammar that "we agreed to develop our cooperation in all sectors."

December 22, 2023 12:26 UTC

Egyptian B2B e-commerce startup MaxAB and Wasoko, a Kenya-based e-commerce player with operations in Tanzania, Rwanda, Uganda and Zambia, are in talks to merge operations, TechCrunch has exclusively learned from multiple sources. The merger talks come as B2B e-commerce companies in Africa continue to scale back operations due to funding scarcity. Sources say MaxAB and Wasoko were actively exploring mergers with other e-commerce platforms. As of last year, the prospect of a merger between MaxAB and Wasoko, both asset-heavy businesses, seemed unlikely. Yet, despite exiting West Africa, the seven-year-old B2B e-commerce company has expanded its reach to include Zambia and the Democratic Republic of Congo.

December 22, 2023 12:03 UTC

VIENNA (Reuters) -- A reactor at North Korea's Yongbyon nuclear complex appears for the first time to be using atomic fuel, the U.N. nuclear watchdog said late on Thursday, which would mean the country has a new potential source of plutonium for its nuclear weapons. "The discharge of warm water is indicative the reactor has reached criticality," IAEA chief Rafael Grossi said in a statement, meaning the nuclear chain reaction in the reactor is self-sustaining. "The LWR, like any nuclear reactor, can produce plutonium in its irradiated fuel, which can be separated during reprocessing, so this is a cause for concern," he said, adding that the advancement of North Korea's nuclear program was "deeply regrettable." The light-water reactor had appeared complete for years without it going into operation. Activity at North Korea's nuclear test site at Punggye-ri has led to months of speculation that it is preparing to test another nuclear weapon as it seeks to miniaturize its warheads for use in its ballistic missiles.

December 22, 2023 12:00 UTC

Solarcentury Africa, in an exclusive collaboration with Dallaglio, is set to construct a cutting-edge 7 MWp solar power plant at the renowned Eureka Gold Mine in Guruve, Zimbabwe. This strategic partnership, supported by parent company BB Energy, underscores Solarcentury Africa’s commitment to establishing a robust portfolio of renewable energy facilities in Zimbabwe and the broader Southern Africa region. The solar power plant, aimed at meeting the rising power demand in the area, will not only cater to anchor off-takers but also facilitate trade on a merchant basis. Solarcentury Africa will oversee the project’s design, development, financing, construction, and operation phases, with financial closure expected early next year. The project has garnered full support from the Zimbabwe Investment and Development Agency (ZIDA), actively assisting Solarcentury Africa in obtaining the necessary licenses and permits.

December 22, 2023 11:32 UTC

Those involved in the conference demonstrated the commitment of regional stakeholders to re-imagine Africa's agency in global maritime security and work towards a secure maritime environment along the African coastline. The IOC has established the Regional Maritime Information Fusion Centre (RMIFC) in Madagascar and the Regional Centre for Operational Coordination (RCOC) in Seychelles to enhance maritime security. The launch of the new Safe Seas Africa Programme funded by the EU will further enhance the operationalization of the Maritime Security Architecture of the Western Indian Ocean and promote interconnection with existing maritime security architectures. The African Coast Guard Functions Forum, endorsed at the conference, aims to foster regional collaboration and trust among African coastguards to address maritime security threats. Looking forward: The Italian Coast Guard has pledged to provide technical assistance for the establishment of the African Coast Guard Forum, with Kenya proposing to host the first forum next year.

December 22, 2023 11:13 UTC

ITOCHU Corporation has signed a Memorandum of Cooperation (MOC) with Hive Hydrogen South Africa, marking a significant step in the development of sustainable and low-cost hydrogen and ammonia supply chains. The collaboration, in line with the joint efforts of Japan and the Republic of South Africa, will focus on a green ammonia production project in Coega, Nelson Mandela Bay. The production process involves deriving green ammonia from green hydrogen, itself produced through electrolysis using renewable energy. This approach positions green ammonia as a promising, sustainable energy resource for achieving net-zero CO2 emissions. The MOC with Hive sets the stage for ITOCHU to collaborate on establishing supply chains for green ammonia, capitalizing on South Africa’s competitive resources.

December 22, 2023 10:18 UTC

In Uganda, over 70% of the population relies on agriculture for their livelihood, yet only 10% of irrigable land is being irrigated. Also, fluctuations in rain patterns and severe droughts add to farmers’ low crop productivity. This led to Aptech Africa identifying the need for smaller solar-powered water pumps. However, most small-scale water pumps are still outside the price range of what an average farmer can afford. A 500W solar water pump and irrigation solution using smart technology to offer PAYGo water-as-a-service to small-scale farmers.

December 22, 2023 08:09 UTC

Tunisian startup Imaginario AI, which uses AI to help process video and audio content, has raised a US$1 million pre-seed round of funding to help it scale internationally. Founded in 2021 by Jose Puga and Abdelhak Loukkal, Imaginario AI revolutionises the processing of video and audio content using artificial intelligence. Discovery, Universal Pictures and Cineverse, have reported that Imaginario AI has saved more than 60 per cent of search and creation time. To expand its presence on the international market, Imaginario AI has closed a US$1 million pre-seed funding round led by 216 Capital, alongside Blue Lake VC, Earthling Ventures, Comcast NBCUniversal, Techstars and a series of business angels. The investment will enable the startup to consolidate its development and expand its engineering and sales teams in the United States, Europe and the MENA region.

December 22, 2023 07:20 UTC

Iyad Ag Ghaly’s last video appearance was almost a year ago, and he had not spoken publicly since August 2021. Ghaly, leader of the armed extremist Support Group for Islam and Muslims (JNIM) appeared in a video broadcast on Tuesday, 12 December by the Az Zallaqa Media wing of al-Qaeda media, in which he announced “a new stage” in his fight against the Sahel states.

December 21, 2023 21:29 UTC