Club World Cup: New format in 2025 with 4 African teamsFIFA has unveiled the new format for the Club World Cup, the first edition of which will be held in the USA in 2025. From now on, a tournament will be held every four years with 32 teams, starting in 2025. And for the first edition, to be held from June 15 to July 13 2025, the first participating teams have been unveiled by the governing body. 12 European teams will be joined by 4 African nations, 4 Asians, 4 North Americans, 6 South Americans and Auckland City (New Zealand), which will have the Oceania ticket. The teams will be divided into eight groups of four.The top two teams in each group will qualify for the knockout phase.

December 19, 2023 07:28 UTC

New Delhi [India], December 19 (ANI): In a forecast that underscores challenges for the global chemical industry, Fitch Ratings predicts that weak demand and surplus supply will persist, keeping volumes and margins subdued for chemical producers in 2024. Despite overall anticipation of soft demand in North America, Fitch emphasizes that issuers' end-market exposures will play a pivotal role in influencing earnings. European chemical producers face challenges due to higher regional energy costs, despite some moderation since 2022. Fitch expects a mild recovery in China's demand as destocking concludes, but the recovery is hampered by slowing economic growth. As chemical companies navigate these challenges, the industry faces a complex landscape with regional nuances and global economic dynamics influencing their trajectory in 2024.

December 19, 2023 07:22 UTC

DUBAI, United Arab Emirates--(BUSINESS WIRE)--True, the only tech and data-first global talent platform, announced today that Debu Mishra has joined True Search as head of advisory, MENA & APAC and partner in the CEO/BOD Practice, EMEA. Based in Dubai, Debu is responsible for developing and executing leadership advisory and assessment services for clients across the Middle East, North Africa and India. He will work closely with CEOs, boards and other executives to help them build high-calibre leadership teams. “Debu is a student and teacher of leadership who offers clients more than just high calibre executive search,” said Sam McGrath, GM, EMEA & APAC. True also backs promising companies through its investment brands True Equity and Vera Equity.

December 19, 2023 06:51 UTC

He said the industry would also face knock-on effects such as higher insurance premiums, but he said that it was in a much better position to deal with an unfolding crisis than it was when the huge Ever Given ship blocked the Suez Canal in 2021, with Covid-related supply chain issues having eased up.

December 18, 2023 23:47 UTC

Kenya’s BlackRhino VR, an extended reality (XR) tech company, has launched an augmented reality (AR) platform designed to empower content creators within the creative economy to rapidly build and publish AR content. BlackRhino is leverages XR knowledge to expand opportunities for significant socio-economic and cultural growth among the youth that will help create jobs, reduce poverty, and contribute to overcoming Africa’s development challenges. Its new platform, MediAR, is a user-friendly, AR cloud editor and publishing platform that uses drag and drop technology, lessening the challenging learning curve associated with coding while producing AR solutions and content. BlackRhino VR CEO Brian Afande said it was a response to the need to unlock Africa’s creative sector through AR. BlackRhino VR is urging content creators across Africa to leverage the platform to perpetuate the development of an internet economy that will in turn create jobs, reduce poverty, and contribute to the continent’s development.

December 18, 2023 19:58 UTC





Lychees have long ceased to be a niche product, according to Helmut Bienek, Managing Director of Bienek Fruchthandels. We are also seeing good, stable demand for cherries." The demand for cherries was high this year, which Bienek attributed to the relatively low cherry harvest. There were not many good cherries, which is why demand was high. We are currently offering Chilean cherries, which are again of very good quality.

December 18, 2023 19:07 UTC

Analyst house Canalys reported smartphone shipments across Africa increased 12 per cent year-on-year in Q3 despite a raft of obstacles in several markets including import restrictions, volatile currencies and general economic issues. Shipments for the quarter were 17.9 million across the continent with Tecno Mobile parent Transsion holding a 48 per cent market share. Pravinkumar noted Africa’s market leader had boosted sales by use of device financing, while also advocating for a higher average selling price. “Africa’s smartphone market narrative unfolds as a compelling story of overcoming challenges with resilience and capitalising on opportunities through strategic partnerships, channel dynamics, and a transforming consumer landscape,” he added. “As the market evolves, vendors must navigate these complexities with agility and foresight to secure a pivotal position in this burgeoning market.”

December 18, 2023 17:02 UTC

Oman Arab Bank (OAB) and First Carbon Investments (FCI) have formalized a Memorandum of Understanding (MoU) aimed at expediting the introduction of innovative clean technologies across the Middle East and North Africa (MENA) region. Expressing enthusiasm about the collaboration, Sulaiman Al Harthi, CEO of OAB, highlighted the partnership’s significance in steering sustainable energy system transitions. He emphasized the joint effort’s potential to catalyze positive impacts on the energy sector, global communities, and specifically, the populace of Oman. The MoU between OAB and FCI signifies a pivotal step forward for Oman’s clean energy and sustainability sector. Leveraging their expertise and resources, both entities are positioned to significantly accelerate the implementation of new clean technologies, poised to replace fossil fuels.

December 18, 2023 16:59 UTC

DUBLIN--(BUSINESS WIRE)--The "Growth Opportunities in Global Biosimilars Market, Forecast to 2028" report has been added to ResearchAndMarkets.com's offering. This study presents overall market and segment-wise revenue forecasts for the global biosimilars market. It highlights key growth opportunities for biosimilar market participants based on the trends, evolution of business models, and strategic imperatives for various stakeholders. The elements affecting regional biosimilar uptake and biosimilar market entrance have been clearly stated. Growth Opportunity Analysis - Biosimilars IndustryKey Growth MetricsForecast Assumptions and Considerations - Biosimilars MarketRevenue Forecast - Global Biosimilars MarketRevenue Forecast Analysis - Global Biosimilars MarketRevenue Forecast by Product TypeRevenue Forecast Analysis by Product TypeRevenue Forecast by Therapeutic AreaNew and Upcoming Key Biologics Patent ExpirationRevenue Forecast Analysis - OncologyRevenue Forecast Analysis - Musculoskeletal and ImmunologyRevenue Forecast Analysis - Endocrinology and OphthalmologyCompetitive EnvironmentRevenue shareRevenue Share Analysis5.

December 18, 2023 16:40 UTC

BP has become the latest firm to pause travel through the Suez Canal following a series of attacks on vessels by Houthi militants from Yemen. “In light of the deteriorating security situation for shipping in the Red Sea, bp has decided to temporarily pause all transits through the Red Sea,” it said. Earlier Monday, U.S. officials told Reuters the M/V Swan Atlantic — a chemical and oil products tanker — was attacked in the southern Red Sea by multiple projectiles launched from Houthi-controlled territory. The Suez Canal runs through Egypt, which borders Israel to the south. Monitoring threatIn a statement posted online Sunday, managing director of the Suez Canal Authority Ossama Rabiee said traffic through the canal was moving “normally.”“We are watching closely the repercussions of the ongoing tensions in the Red Sea on the navigation through the Suez Canal,” Rabiee said.

December 18, 2023 16:22 UTC

In December 2022, U.S. President Joe Biden hosted the U.S.-Africa Leaders’ Summit in Washington. While the summit had several positive outcomes, it fell short when it comes to engaging with civil society in a meaningful way and the discussion around human rights. One year later, it is clear that the reemergence of so-called great power competition with China and Russia is driving Washington’s Africa policy. As a result, engagement with civil society remains limited and human rights protection continues to be placed on the back burner. In addition, several of the commitments made during the summit were positive.

December 18, 2023 15:58 UTC

This article explores the key drivers, challenges, and market trends shaping the genetic engineering in agriculture sector. Genetic engineering offers a solution by creating genetically modified crops that yield more produce on the same land area, thus boosting overall agricultural productivity. Its simplicity and versatility have revolutionized agricultural genetic engineering, enabling scientists to develop innovative crop varieties more efficiently. Growth Opportunities Across Regions:North America’s Dominance Intact:North America is expected to maintain its leadership in the genetic engineering in agriculture market. Asia Pacific Develops a Lucrative Market:The Asia Pacific region is poised to experience significant growth in genetic engineering in agriculture.

December 18, 2023 14:48 UTC

On Monday in Rabat, Nancy Tembo, the Minister of Foreign Affairs of the Republic of Malawi, reiterated her country’s unwavering support for the territorial integrity of the Kingdom of Morocco. This stance was conveyed through a joint statement issued following a meeting between the Malawian official and her Moroccan peer Nasser Bourita. Malawi firmly supports the Kingdom of Morocco’s territorial integrity and endorses the United Nations as the exclusive framework for achieving a political, realistic, practical, and lasting solution to the Sahara dispute. The country also restated its steadfast backing for the Autonomy Initiative, presented by Morocco, as the singular credible and realistic resolution to address this longstanding dispute. Furthermore, the visit aims to explore the progress made in implementing the New Development Model for the Southern Provinces, initiated in 2015 by King Mohammed VI.

December 18, 2023 14:35 UTC

At Saudi Arabian non-profit, Al-Wedad Foundation for Development, we’ve got a really important job. We provide comprehensive care for orphans under the age of two, actively seeking suitable families to take care of them, and helping integrate them into society. For our past digital donation drives, we’ve run campaigns during key seasonal moments — think Ramadan or Hajj — turning them off when those moments are over. Results showed us that not only were those campaigns not fulfilling their full potential, but we were also missing out on reaching people who wanted to help at other key moments throughout the year. We had to up our marketing game to find donors consistently and on a wider scale.

December 18, 2023 14:26 UTC

The world’s second-largest religion, Islam has long exercised the minds of Christians. While Islam has not experienced the same levels of schism as Christianity, Muslims debate within—and divide asunder—what they call the umma, the worldwide community of Islam. They reflect the diversity of Islam and, to some degree, the diversity of evangelical approaches toward Islam. While none bear the stamp of our full endorsement, we offer them—to Muslim and Christian alike—in the hope of better understanding, peace, and love between our two communities. He is the author of Sacred Misinterpretation: Reaching across the Christian-Muslim Divide and coeditor of The Religious Other: A Biblical Understanding of Islam, the Qur’an and Muhammad.

December 18, 2023 14:06 UTC