Category: Business

MIL-OSI Economics: RBI imposes monetary penalty on Pinnacle Capital Solutions Pvt. Ltd., Jharkhand

Source: Reserve Bank of India

The Reserve Bank of India (RBl) has, by an order dated February 11, 2025, imposed a monetary penalty of ₹2.00 lakh (Rupees Two Lakh only) on Pinnacle Capital Solutions Pvt. Ltd., Jharkhand (the company) for non-compliance with certain directions issued by RBI on ‘Credit Card and Debit Card – Issuance and Conduct Directions’ and ‘Digital Lending’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 58G(1)(b) read with Section 58B(5)(aa) of the Reserve Bank of India Act, 1934.

The onsite scrutiny of the company with regard to its digital lending operations was conducted by RBI. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the company advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the company’s reply to the notice and oral submissions made during the personal hearing, RBI found, inter alia, that the following charges against the company was sustained, warranting imposition of monetary penalty:

The company had:

issued credit line in the nature of credit card to certain borrowers, without prior approval from RBI; and
disbursed loans to borrowers through a pass-through account of a third party.

This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the company with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the company.

(Puneet Pancholy)
Chief General Manager

Press Release: 2024-2025/2182

MIL OSI Economics –

February 18, 2025

MIL-OSI Economics: RBI imposes monetary penalty on The Muzzafarpur Central Co-operative Bank Ltd

Source: Reserve Bank of India

The Reserve Bank of India (RBI) has, by an order dated February 11, 2025, imposed a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on The Muzzafarpur Central Co-operative Bank Ltd. (the bank) for non-compliance with the certain directions issued by RBI on ‘Know Your Customer’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

The statutory inspection of the bank was conducted by National Bank for Agriculture and Rural Development (NABARD) with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice and oral submissions made during the personal hearing, RBI found, inter alia, that the following charge against the bank was sustained, warranting imposition of monetary penalty:

The bank had not conducted periodic updation of KYC of its customers.

This action is based on deficiency in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

(Puneet Pancholy)
Chief General Manager

Press Release: 2024-2025/2183

MIL OSI Economics –

February 18, 2025

MIL-Evening Report: Hamas, PIJ slam Israel’s ‘barbaric’ raid on Palestinians at Ofer Prison

Asia Pacific Report

Two Palestinian resistance groups have condemned “the brutal assault” on prisoners at Ofer Prison, saying it was “barbaric criminal behaviour that reflects the fascist and terrorist nature of” Israel.

In the joint statement, Hamas and Palestine Islamic Jihad (PIJ) called the attack a “miserable attempt” by Israel “to restore its shattered prestige”, reports Al Jazeera.

They called on the world to expose “these inhuman crimes against the prisoners”, which “blatantly violate all international conventions and norms”.

The statement called on the international community to intervene to protect the “prisoners, stop criminal violations against them, document them and work to hold the criminal occupation leaders accountable”.

The statement came after Palestinian authorities said Israeli forces had raided a section of Ofer Prison, west of Ramallah in the occupied West Bank, and assaulted detainees.

“Prisoners were beaten and sprayed with gas,” the Palestinian Prisoners Media Office said.

Persistent serious allegations of torture and abuse of Palestinian prisoners — many who have not been charged or are held on administrative detention — and beatings right up until the release of detainees under the ceasefire have been made over all six exchange events so far.

Medical director severely tortured
Last week, lawyers representing Kamal Adwan Hospital’s medical director Dr Hussam Abu Safiya met him for the first time since he was detained by Israeli forces in north Gaza last December 27.

He told them he was severely tortured with electric shocks and was being denied needed medication.

[embedded content]
Lawyer spells out torture allegations over Israeli detention of doctor. Video: Al Jazeera

Samir Al-Mana’ama, a lawyer with the Al Mazan Center for Human Rights, described his brutal torture in a failed attempt to “extract a confession” from him in an interview with Al Jazeera.

Al-Mana’ama said Dr Abu Safiya suffered from “an enlarged heart muscle and from high blood pressure” and was beaten up and refused treatment for the heart condition.

Transferred to Ofter Prison on January 9, he was held in solitary confinement for 25 days and interrogated nonstop by the Israeli army, Israeli intelligence and police, the lawyer added.

There was “no legal justification” for Abu Safia’s arrest and no evidence against him, the lawyer said.

Since the interview, Israeli authorities said he was being held under an “unlawful combatant” law — despite his status as a civilian doctor — stripping him of any rights as a detainee.

Al Jazeera’s Nour Odeh, reporting from Amman in Jordan, said the doctor was one of hundreds of medical workers taken from Gaza by Israeli forces to the notorious Sde Teiman detention camp and other Israeli military prisons.

MIL OSI Analysis – EveningReport.nz –

February 18, 2025
MIL-OSI Europe: Press release – MPs and MEPs meet to discuss economic, budgetary, and social concerns
Source: European Parliament 3

The annual European Parliamentary Week will take place on Monday and Tuesday, bringing MEPs together with MPs from member states and EU candidate countries.
European Parliament President Roberta Metsola will open the event on Monday at 14.30, together with the Marshals of Poland’s Sejm and Senate, Szymon Hołownia and Małgorzata Kidawa-Błońska, respectively.

Over the event’s two days, participants will discuss the overarching economic, budgetary, and social issues facing Europe and will delve more specifically into the following themes:

The economic and monetary affairs committee meeting will focus on:

The future of Banking Union and Capital Markets Union;

Creating an ecosystem for European investments.

The employment and social affairs committee meeting will focus on:

AI and the labour market with a focus on changing working condition;

The role of social and employment policies in the EU’s reviewed economic governance framework.

The budgetary affairs committee meeting will focus on:

Bridging the competitiveness gap: how to increase synergies between the national budgets and the post-2027 Multiannual Financial Framework;

European Public Goods: how to identify and finance them?

All relevant information including the participants, programme and the livestream links can be found here.
MIL OSI Europe News –
February 18, 2025
MIL-OSI United Kingdom: GB Energy & Grangemouth show ‘You can’t trust Labour’

Source: Scottish National Party

‘You can’t trust Labour’. It was an oft made comment during the latter year’s of Tony Blair’s premiership; particularly because of his role in dragging the UK into the Iraq war on the basis of a lie.

But it took six years for that phrase to become common usage. With the current Westminster Labour government of Keir Starmer it’s only taken six months.

And recently we saw an example which explains why trust in Keir Starmer’s Labour party has nosedived.

Before the 2024 election Labour promised that Aberdeen would get 1,000 jobs from hosting the GB Energy headquarters; but now the appointed boss of GB Energy says it will only create 200 jobs in five years.

The GB Energy boss who won’t even be working in Aberdeen but Manchester! So much for a ‘headquarters’ in Aberdeen.

These revelations have been followed more recently by news that Grangemouth’s refinery is to close after 100 years.

Again, another example of how Labour can’t be trusted.

Before the election Labour, along with Keir Starmer and Anas Sarwar, promised to save the jobs:

:wilted_flower: Before the Westminster election, Labour promised to save Grangemouth – they’ve broken that promise. :point_down: pic.twitter.com/coS3gDL2l0

— The SNP (@theSNP) February 6, 2025

Now it’s scenes of Anas Sarwar repeatedly pleading that he’s powerless because it’s a private company…

Anas Sarwar promised in the 2024 Westminster election that Labour would save the jobs at Grangemouth.

Labour broke that promise. pic.twitter.com/GAng87jhjz

— The SNP (@theSNP) February 7, 2025

…a private company Labour will financially support when it comes to a football stadium in England and a refinery in Belgium!

Labour Government promises to back Ineos owners Old Trafford project and has also been given a £600million loan guarantee by the UK Labour Government for a refinery in Belgium.

I thought Labour promised to save Grangemouth! pic.twitter.com/MMqNq2TaqR

— Gordon Macdonald MSP (@GMacdonaldSNP) February 9, 2025

And it was Westminster who tied their own hands when it gave Grangemouth to the private sector:

The SNP’s @MichelleThomson on @bbcdebatenight reminding us that Westminster tied its own hands when it gave Grangemouth to the private sector.

Once again, Scotland is bearing the brunt of Westminster’s mismanagement. pic.twitter.com/kVeXePfm7k

— The SNP (@theSNP) February 6, 2025

Is it any wonder that even Grangemouth’s own Labour MP sounds like he doesn’t trust Labour?

:face_with_peeking_eye: Even Labour’s own MPs know they’ve betrayed Grangemouth

Watch below :point_down: pic.twitter.com/roXsOcP17m

— The SNP (@theSNP) February 10, 2025

Even a letter he wrote to Starmer was signed by only one other Scottish Labour MP. So much for Scottish Labour MPs standing up for Scotland.

But those two examples are just the tip of the iceberg when it comes to Labour promises.

Take the WASPI women pensioners; betrayed so often by the Tories and now by Labour. As leader of the opposition, Starmer promised to “do something about it”, saying he understood their anger at having “the goalposts moved”.

In 2020 he railed against the two-child cap on child benefits. In the days running up to the election Scots were told to vote Labour to end child poverty.

Yet just after the election he suspended seven Labour MPs for voting with the SNP to scrap the cap on child benefit and tackle child poverty.

Then there’s the winter fuel payment for pensioners. In the run up to voting in July 2024 Starmerrailed against the Tories about how pensioners suffered under the Tories and promised them security.

Safely in Downing Street his government announced a cut to pensioners’ winter fuel payments despite research by his own party that it could cause 4,000 deaths.

And what about National Insurance?

Labour’s manifesto specifically pledged that they would not raise national insurance. In her budget Rachel Reeves increased employer national insurance – a policy that will hit those employing lower paid workers the hardest, charities, GPs and care homes.

You would think such a level of untrustworthy behaviour would be more than enough after seven months; but there’s more that specifically affects Scotland.

In the July 2024 election Anas Sarwar expressly promised that Scottish Labour ‘would put Scotland at the heart of Starmer’s government‘; and ‘stand up to Keir Starmer and defend Scotland’s interests‘.

Instead, as a group, Scottish Labour MPs have meekly voted for cutting the winter fuel payment, keeping the two-child benefit, and failing to support WASPI women.

And there’s a range of issues where that group of MPs have been subdued when it comes to putting Scotland at the heart of Starmer’s government.

In August 2024 Rachel Reeves pulled funding for an £800 million computer at Edinburgh University with a Labour source saying the project made “little strategic sense.”

Yet by January Keir Starmer was announcing that his government had arranged £14 billion of investment in various AI projects.

At the end of January Rachel Reeves announced her plans for growth in the UK … which amounted to a concentration of UK government assistance between the cities hosting the UK’s two elitist universities.

The absence for similar assistance for Scotland was notable despite claiming it would deliver to “all corners of the UK“:

Labour have announced they are investing taxpayer money to drive growth “across the UK”.

Guess where almost all of it is going. pic.twitter.com/Fo332thuae

— The SNP (@theSNP) January 30, 2025

Take CCS, or Carbon Capture & Storage; since the 2014 independence referendum the North East of Scotland has been repeatedly promised that Westminster would invest millions in it.

Rachel Reeves eventually announced funding for Carbon Capture & Storage … in Teesside and Merseyside. No Scottish Labour MP or MSP has even mentioned this slap in the face to Scotland.

Is it any wonder Scots believe Anas Sarwar doesn’t stand up to Keir Starmer. It’s no wonder Scottish Labour’s vote is at its lowest level in three years.

And what is Anas Sarwar’s latest move as we approach a Scottish election year? To say he is open to ‘good ideas’ from Nigel Farage’s Reform party.

A party that would like to abolish the Scottish Parliament and privatise the NHS. The party of Brexit which has increased the cost-of-living creating less money for public services.

And Anas Sarwar’s latest gambit just raises more questions about trust in Labour. He’s now pledging to protect SNP policies like free tuition, free prescriptions and the Scottish Child Payment.

After months of accusing the SNP government of ’18 years of failure’ he’s now saying it has been 18 years of “successes”.

But why should anyone trust what many see as a panicked announcement by Anas Sarwar?

On several occasions Labour’s Holyrood group of MSPs have voted against SNP government budgets which contained those policies. Even now they are not supporting the SNP budget containing those policies.

A previous Scottish Labour leader notoriously called those policies a ‘something for nothing‘ culture which should end.

Anas Sarwar’s health spokesperson, Jackie Baillie, is on record as saying prescription charges should “absolutely” be abolished.

As for tuition fees it was only in February 2024 that Sarwar’s finance spokesperson, Michael Marra, said backdoor tuition fees, like endowments, would have to be considered.

Shortly after Labour MSPs voted with the Tories in Holyrood against free tuition.

And let’s not forget the behaviour of Anas Sarwar’s boss, Keir Starmer. In 2020 he promised Labour members in the party leadership election that he would “support the abolition of tuition fees”.

Yet by September 2023 he claimed it would be ‘impossible‘ to abolish tuition fees … despite the fact that is the reality in Scotland.

And let’s not forget which party first introduced tuition fees – whose policy they ultimately are.

Just weeks before the 1997 election Tony Blair pledged: “Labour has no plans to introduce tuition fees for higher education.”

A year after taking power, Blair went ahead and introduced tuition fees.

It all just shows how the people of Scotland don’t and can’t trust any promise by Scottish Labour. Like a branch office they will always follow their bosses in Westminster.

There’s only one party that Scots can trust to stand up and speak for Scotland. Speak out about Westminster ignoring your communities when it comes to investment. To vote for the benefit of Scotland’s pensioners, families and workers – the SNP.

MIL OSI United Kingdom –

February 18, 2025
MIL-OSI United Kingdom: Magtec motor forwards with DTEP funding
Source: United Kingdom – Government Statements

DTEP funding is advancing innovation in defence through collaboration with higher-tier partners
Congratulations to Rotherham based engineering company Magtec

The Small and Medium-sized Enterprise (SME) will collaborate with an experienced higher-tier partner in the defence sector

The Defence Technology Exploitation Programme (DTEP) boosts defence innovation while supporting the technology supply chain

Rotherham based SME Magtec has been awarded funding through the latest rounds of the Defence Technology Exploitation Programme (DTEP). They will collaborate with a higher-tier supplier who will mentor them over the duration of a forthcoming defence project. They will receive a government grant worth 50 percent of the project value with the aim of developing innovative new solutions that meet UK defence challenges and increase capability in the UK defence supply chain.

Magtec is a leading UK designer, manufacturer and integrator of electric and hybrid drive systems for customers in the defence, rail and commercial sectors. The company is a member of the British Army’s programme to develop technologies for battlefield electrification and holds an Armed Forces Covenant Bronze Award in the Employer Recognition Scheme. Founded in 1992, Magtec is privately owned and headquartered at a bespoke design and manufacturing facility in Rotherham, South Yorkshire.

The firm was recently visited by Secretary of State for Defence John Healey MP who described Magtec as “deeply impressive” and said that they have the “long established manufacturing skills and creative flair to improve the battlefield performance and the environmental performance of military vehicles.”

The DTEP programme, which seeks to improve the competitiveness of the UK Defence supply chain, is sponsored by the MOD’s Directorate of Industrial Strategy and Exports (DISE) and delivered through the Defence and Security Accelerator (DASA), Innovate UK, and ADS.

Congratulations to Magtec

Magtec’s innovative Permanent Magnet Motors (PMM) will provide superior power to submarine systems with significantly reduced size and weight. This will in turn reduce maintenance costs substantially while increasing submarine availability and operational capacity. Magtec will be working with higher tier partner MacTaggart Scott on developing and producing the PMM.

Andy Sloan, Engineering Director at Magtec said:

“We are delighted to have won funding from the Defence and Security Accelerator and to be collaborating with MacTaggart Scott. Our team is developing permanent magnet motor technology for submarines, reducing weight, space, heat and noise and making the Silent Service even quieter. As a UK-based company, we are proud to be strengthening our sovereign capability.”

The SDA Supplier Management Team said:

“Magtec have previous defence development experience, therefore easing their learning and journey into becoming a potential defence supplier for the Submarine Enterprise. The product they offer will be bespoke, offering the many advantages as stated, and others besides.”

DTEP’s funding for Magtec highlights the MOD’s commitment to fostering innovation and strengthening the UK defence supply chain through strategic SME partnerships.

Learn more about DASA’s funding opportunities here.

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Published 17 February 2025
MIL OSI United Kingdom –
February 18, 2025
MIL-OSI Russia: XXII International Forum “Gas of Russia 2025”: GUU establishes ties with the Ministry of Energy

Translartion. Region: Russians Fedetion –

Source: State University of Management – Official website of the State –

On February 13-14, 2025, the XXII International Forum “Gas of Russia 2025” was held in Moscow, organized by the Union of Oil and Gas Industry Organizations “Russian Gas Society”. Advisor to the Rector’s Office of the State University of Management Sergey Karseka took part in it.

The Gas of Russia Forum is a specialized event that annually brings together professionals and experts in the gas industry, heads of Russian government bodies, the largest Russian and foreign oil and gas companies, representatives of industry science and higher education institutions. The main goal is a professional discussion of the most pressing issues of the development of the Russian gas industry in the context of events on the global energy market.

The key theme of the XXII Forum is the development strategy of the industry and overcoming the main challenges.

During the event, the participants discussed the following issues: – training personnel for the oil and gas industry in modern conditions; – strategy for the development of the oil and gas industry for 10 years; – improving legislation in the interests of the development of the industry; – challenges and solutions to technological problems of the industry.

Greetings to the Forum were sent by Deputy Prime Minister of the Russian Federation Alexander Novak and Minister of Energy of the Russian Federation Sergey Tsivilev.

The main moderator was the President of the Russian Gas Society, the President of the Union of Employers of the Oil and Gas Industry, and the First Deputy Chairman of the State Duma Committee on Energy, Pavel Zavalny.

At the opening of the event, State Secretary – Deputy Minister of Energy of the Russian Federation Anastasia Bondarenko noted that by 2029, the Russian economy’s need for personnel will grow to 3.1 million people.

“At present, the task is to formulate a forecast in the structure of needs for specialists,” the deputy minister concluded.

In his speech during the session “HR Podium: Open Dialogue between Employers and Students,” Sergey Karseka outlined a wide range of topics and areas of potential cooperation between the State University of Management and oil and gas universities and enterprises.

“It is very important to train specialists, but without basic knowledge of the fundamentals of management, the efficiency of managers in the oil and gas industry will be reduced. On this path, the State University of Management offers its assistance and cooperation in solving the personnel problems facing employers,” noted Sergey Ivanovich.

Specific issues of cooperation and details of the implementation of joint projects were discussed with key representatives of the oil and gas and energy industries: Marina Voronina, Head of the Oil and Gas Academy project of the Russian Gas Society, Yulia Dunayevskaya, Head of the HR Department of Gazprom Transgaz Moscow LLC, and Violetta Kiushkina, Head of the Department of Energy Security and Infrastructure of the Russian Energy Agency of the Ministry of Energy of Russia. Of particular interest was the experience of the State University of Management in interaction with other ministries: Violetta Kiushkina invited the university experts to participate in the working events of the Ministry of Energy, noting the lack of management expertise and alternative approaches when discussing important industry issues.

Subscribe to the TG channel “Our GUU” Date of publication: 02/17/2025

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

MIL OSI Russia News –

February 18, 2025
MIL-OSI Russia: Denis Manturov visited the international defense industry exhibition IDEX 2025 in Abu Dhabi

Translartion. Region: Russians Fedetion –

Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

Denis Manturov visited the International Defense Industry Exhibition IDEX-2025 in Abu Dhabi

February 17, 2025

Denis Manturov visited the International Defense Industry Exhibition IDEX-2025 in Abu Dhabi

February 17, 2025

The T-90MS tank with unique tactical and technical characteristics at the IDEX-2025 defense industry exhibition in Abu Dhabi

February 17, 2025

Previous news Next news

Denis Manturov visited the International Defense Industry Exhibition IDEX-2025 in Abu Dhabi

First Deputy Prime Minister of Russia Denis Manturov, who heads the Russian delegation to the UAE, visited the international conference and exhibition of the defense industry IDEX 2025 in Abu Dhabi. The Russian exposition was also visited by Crown Prince of Abu Dhabi Khaled bin Mohammed Al Nahyan.

This year, the Russian exposition, the total area of which exceeds 2 thousand square meters, will feature a record number of new weapons, military and special equipment from 40 leading domestic companies. Some models are being demonstrated abroad for the first time. For example, the T-90MS tank in an updated appearance based on the experience of real combat operations, which has unique tactical and technical characteristics. Among the world premieres are also the Pantsir-SMD-E air defense missile and gun system with new guided missiles for destroying UAVs, the Kub-1-1E and Kub-2-2E loitering munitions, and the Kornet-EM ATGM with a remote control and a Bulat guided missile. The Lancet-E loitering munition and the Berezhok combat compartment are being presented in the Middle East for the first time.

“We selected the most high-tech models that have proven their performance in real combat. The Russian models presented here are different from the others shown at the exhibitions in that they can interact in a complex, successfully resist and defeat the equipment of competitors, who are also present at the exhibition, in real combat,” Denis Manturov noted.

At IDEX 2025, Russian helicopter manufacturers presented a line of helicopters for the effective work of emergency services. Among them are the latest modification of the Ka-32A11M firefighting helicopter, the Mi-38 helicopter with a high-comfort cabin, as well as the Ansat in two versions: ambulance and police.

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

MIL OSI Russia News –

February 18, 2025

MIL-OSI: Form 8.3 – [THRUVISION GROUP PLC- 14 02 2025] – (CGAML)

Source: GlobeNewswire (MIL-OSI)

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Full name of discloser:	CANACCORD GENUITY ASSET MANAGEMENT LIMITED (for Discretionary clients)
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.	N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	THRUVISION GROUP PLC
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:	N/A
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure	14 FEBRUARY 2025
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”	N/A

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	1p ORDINARY
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	23,250,000	13.3960
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	23,250,000	13.3960

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit
ORDINARY 1p	SALE	250,000	2.5p

(b) Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
NONE

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit
NONE

(ii) Exercise

Class of relevant security

Product description
e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)
NONE

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

NONE

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state “none”

NONE

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

Date of disclosure:	17 FEBRUARY 2025
Contact name:	MARK ELLIOTT
Telephone number:	01253 376539

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

The MIL Network –

February 18, 2025

MIL-OSI Economics: Japan e-commerce payments to surpass $200 billion 2025, forecasts GlobalData

Source: GlobalData

Japan e-commerce payments to surpass $200 billion 2025, forecasts GlobalData

Posted in Banking

The e-commerce market in Japan is poised for 7.7% growth in 2025, reaching JPY29 trillion ($206.8 billion). This surge is driven by shifting consumer preferences towards online shopping and strong mobile penetration, reveals GlobalData, a leading data and analytics company.

GlobalData’s latest report, “Japan Cards and Payments – Opportunities and Risks to 2028,” reveals that Japanese e-commerce market registered 8.4% growth in 2024 to reach JPY26.9 trillion ($191.9 billion).

Shivani Gupta, Senior Banking and Payments Analyst at GlobalData, comments: “Japan is among the leading e-commerce markets in the Asia-Pacific region, trailing just behind China. This is supported by high mobile and online penetration, as well as a strong preference for online shopping due to its ease and time-saving benefits. Furthermore, the popularity of online shopping events such as Black Friday, Cyber Monday, and Singles’ Day has further fuelled the expansion of e-commerce.”

To capitalize on the growth potential in the e-commerce sector, international brands are also venturing into this space. For instance, Chinese digital commerce group Alibaba launched a new cross-border e-commerce application “TAO” in October 2024 to compete with rivals such as Amazon and Rakuten.

TAO provides a wide array of around three million products across various categories and incorporates a range of features, including dedicated customer service, reliable delivery and return policies, multiple payment options, and personalized product recommendations, tailored to Japanese customers. The platform also supports various payment methods such as PayPay, the leading digital wallet in Japan, as well as credit cards and convenience store payments.

Payment cards remain the preferred payment method for online purchases. According to the GlobalData’s 2024 Financial Services Consumer Survey* credit cards alone accounted for over 50%. This can be attributed to the added benefits they offer, such as interest-free instalment payment options, reward programs, cashback, and discounts.

Alternative payment solutions are the second most preferred payment method. PayPay remains the most preferred alternative payment option, with international brands such as Amazon Pay and PayPal also making their presence felt.

Gupta concludes: “The upward trajectory of e-commerce sales is expected to persist in the coming years, driven by evolving consumer preferences, the growing popularity of online shopping festivals, and the emergence of new e-commerce companies in the market. Consequently, the e-commerce market is anticipated to increase at a CAGR of 6.1% between 2025 and 2029 to reach JPY36.7 trillion ($261.8 billion) in 2029.”

*GlobalData’s 2024 Financial Services Consumer Survey was carried out in Q2 2024. Approximately 67,292 respondents aged 18+ were surveyed across 41 countries.

MIL OSI Economics –

February 18, 2025
MIL-OSI Economics: Digital health adoption in China to accelerate with rapidly evolving AI landscape, says GlobalData

Source: GlobalData

Digital health adoption in China to accelerate with rapidly evolving AI landscape, says GlobalData

Posted in Medical Devices

The artificial intelligence (AI) sector in China is undergoing swift evolution, positioning it as a key driver for the expansion of the country’s digital health market. Accordingly, the digital health market in China is forecasted to grow at a compound annual growth rate (CAGR) of approximately 30% between 2024 and 2033, according to GlobalData, a leading data and analytics company.

GlobalData’s report, “China Digital Health Market Outlook and Forecast to 2033 – Electronic Health Records, Regulatory Approved Apps and Telehealth,” reveals that in 2024, China accounted for approximately 20% of the digital health market in the Asia-Pacific (APAC) region. The considerable market share highlights the growing investments in AI-powered solutions and their increasing implementation in the healthcare industry.

Pratibha Thammanabhatla, Medical Devices Analyst at GlobalData, comments, “The shift towards digital health represents a substantial advancement in conventional healthcare practices. These latest solutions possess the potential to improve convenience and accessibility for patients, especially in remote and resource-constrained environments. The increasing focus on preventive care and continuous health monitoring is anticipated to catalyze widespread adoption of these models.”

Chinese firms such as DeepSeek, Panoptic AI, Tencent, and Alibaba are substantially investing in AI technologies. In the face of intensifying competition within China’s AI industry, Baidu has announced that its artificial intelligence chatbot, Ernie Bot, featuring an enhanced search function, would be accessible free of charge starting in April of this year. Given the availability of choices, the selection of a suitable model is imperative in healthcare applications to ensure that patients benefit from enhanced disease diagnosis and personalized treatment recommendations.

Thammanabhatla concludes: “The growing utilization of digital health applications among the Chinese consumers, combined with significant investments from both private and public sectors including the latest National AI Industry Investment Fund, is anticipated to further propel innovations in the forthcoming years. This trend also suggests the possibility of considerable investment opportunities within China’s digital health industry.”

MIL OSI Economics –

February 18, 2025
MIL-OSI Economics: AI-driven virtual care innovations will continue to gain traction to navigate workforce challenges, says GlobalData

Source: GlobalData

AI-driven virtual care innovations will continue to gain traction to navigate workforce challenges, says GlobalData

Posted in Medical Devices

With healthcare facilities facing staff shortages and increased patient loads, innovative AI-driven solutions are becoming a necessity. Solutions from companies like Vitalacy, Current Health, and Care.ai, are leveraging artificial intelligence (AI), sensor technology, and real-time monitoring to enhance patient safety and optimize hospital efficiency. As such, AI-driven healthcare innovations will continue to gain traction, helping providers navigate workforce challenges while delivering improved outcomes, according to GlobalData, a leading data and analytics company.

GlobalData’s latest report, “AI in Healthcare: A Strategic Imperative to Enhance Efficiency and Patient Care”, reveals that approximately 30% of global data is generated in hospitals, of which a staggering 90% remains unused. The report highlights the growing reliance on AI-powered solutions to address critical healthcare challenges, including fall prevention, patient elopement, and staff burnout.

Vitalacy’s newest AI-powered Virtual Care system is revolutionizing patient monitoring by minimizing fall hazards and easing the burden on caregivers. It leverages advanced AI, stereo cameras, and real-time monitoring to enhance patient safety.

Kamilla Kan, Senior Data Scientist at GlobalData SKU Team, comments: “Vitalacy’s Virtual Care platform integrates AI learning with stereo camera depth perception to significantly reduce false alerts and allow timely interventions. This advanced approach enhances accuracy, making it a game-changer for patient monitoring.”

According to GlobalData forecasts, the Remote Patient Monitoring (RPM) market will reach $760 million by 2030, up from $548.9 million in 2020 with a compound annual growth rate (CAGR) of 3.3% over the period.

Kan continues: “As AI continues to revolutionize healthcare, virtual care solutions from companies like Vitalacy, Care.ai, and Current Health are setting new standards for efficiency, safety, and patient-centric care. These advancements reflect a broader industry trend towards automation and real-time intervention capabilities.”

MIL OSI Economics –

February 18, 2025
MIL-OSI Economics: Heineken leads EMEA alcoholic beverage sector in sponsorship activity and spending in 2024, reveals GlobalData

Source: GlobalData

Heineken leads EMEA alcoholic beverage sector in sponsorship activity and spending in 2024, reveals GlobalData

Posted in Sport

Heineken is the most active and second-largest spender in sports sponsorship within the EMEA region for 2024 with 41 deals. Its major partnership is with UEFA, covering multiple club competitions through the 2026-27 season. This deal, valued at $70 million annually, underscores the Dutch brewing giant’s strategic commitment to leveraging soccer’s global reach, particularly through the UEFA Champions League, reveals GlobalData, a leading data and analytics company.

Reportedly, Heineken’s three-year agreement with UEFA encompasses the Champions League, Europa Conference League, Super Cup, and Europa League competitions.

GlobalData’s latest report, “Sponsorship Sector Report – Alcoholic Beverages EMEA 2024,” reveals that soccer holds the premier position in sponsorship revenue and deal volume within the alcoholic beverages sector across the EMEA region. Europe-based alcoholic beverage brands are the top spenders in the region.

Olivia Snooks, Sport Analyst at GlobalData, comments: “Heineken has been a long-standing partner of the UEFA Champions League since 1994, with the partnership extending through 2027. As Europe’s premier club competition and the world’s most watched, the UEFA Champions League offers Heineken unparalleled global exposure.”

The most significant deal in the alcoholic beverages sector across the EMEA region, in terms of annual value, is the partnership between the 2024 Paris Olympic Games and Paris-based luxury fashion giant LVMH. This collaboration includes Moët Hennessy, a distinguished division of LVMH, supplying its wines and spirits for the Games’ hospitality initiatives. The reported annual value of this agreement stands at $166.40 million.

Snooks continues: “It is important to note that, as the primary arrangement was established with LVMH, the stated value, which is considerably large, does not exclusively represent Moët Hennessy’s individual partnership with the Olympic Games.”

Despite securing just seven deals across the EMEA region, Guinness ranks as the third-largest spender in 2024. Notably, the Diageo-owned brand has partnered with the Premier League, becoming the official beer of the league starting the 2024/25 season. This agreement is valued at an annual $17.19 million.

Snooks concludes: “For years, Guinness has been associated with rugby in the UK. However, 2024 sees the beer brand embarking on a new chapter by partnering with the English Premier League. This agreement marks the Guinness’ foray into soccer sponsorship, with the brand aiming to replicate the success it has enjoyed with rugby.”

MIL OSI Economics –

February 18, 2025

MIL-OSI Economics: Government securities transactions between a Primary Member (PM) of NDS-OM and its own Gilt Account Holder (GAH) or between two GAHs of the same PM

Source: Reserve Bank of India

RBI/2024-25/115
FMRD.MIOD.No.15/11.01.051/2024-25

February 17, 2025

All participants in Government Securities market

Madam/Sir,

Government securities transactions between a Primary Member (PM) of NDS-OM and its own Gilt Account Holder (GAH) or between two GAHs of the same PM

Transactions in Government securities in the Over the Counter (OTC) market are currently undertaken either on Negotiated Dealing System – Order Matching (NDS-OM) platform or are bilaterally negotiated outside the system and subsequently reported on NDS-OM. All transactions matched on NDS-OM platform are cleared and settled through the Clearing Corporation of India Limited (CCIL), which acts as a Central Counter Party (CCP) for transactions in Government securities.

2. At present, transactions between a Primary Member (PM) and its own Gilt Account Holder (GAH) and between two GAHs of the same PM are not permitted to be matched on NDS-OM and are also not cleared and settled through CCIL. On a review and based on the feedback received, it has been decided to:

Permit matching of transactions between a PM and its own GAH or between two GAHs of the same PM on both the anonymous Order Matching segment and the Request for Quote (RFQ) segment of NDS-OM. Transactions matched on NDS-OM shall be cleared and settled through CCIL.
Extend the facility of clearing and settlement through CCIL to transactions between a PM and its own GAH or between two GAHs of the same PM which are bilaterally negotiated and reported to NDS-OM, on an optional basis.

3. Any failure in the settlement of these transactions shall be treated as an instance of ‘SGL bouncing’ in terms of RBI circular “Government securities Act, 2006, Section 27 and 30 – Imposition of penalty for bouncing of SGL forms” dated July 14, 2010, as amended from time to time, and will be subjected to the applicable penal provisions, as specified therein.

4. Detailed operational guidelines in this regard will be issued by CCIL.

5. The Directions contained in this circular have been issued under Section 45W of Chapter IIID of the Reserve Bank of India Act, 1934 and are without prejudice to permissions/ approvals, if any, required under any other law.

Yours faithfully,

(Dimple Bhandia)
Chief General Manager

MIL OSI Economics –

February 18, 2025

MIL-OSI Asia-Pac: Journey of NQM’s Quantum Sensing and Metrology Hub with lab grown technologies at IIT Bombay

Source: Government of India

Posted On: 17 FEB 2025 4:29PM by PIB Delhi

The Photonics and Quantum Sensing Technology Lab at IIT Bombay is ready with some technologies that can give the newly initiated Quantum Sensing and Metrology Hub a kick start into the world of quantum technologies.

These include the quantum diamond microscope and the portable magnetometer at the P-Quest Lab headed by Professor Kasturi Saha.

Prof Saha is the Project Director of the newly initiated Quantum Sensing and Metrology Hub, Qmet Tech Foundation, established by IIT Bombay under the National Quantum Mission (NQM).

The young Professor who along with her group explores and pushes the boundaries of precision metrology, sensing and imaging, using unprecedented opportunities presented by novel interdisciplinary research in fields like nano-photonics, classical and quantum information processing and life sciences, is now playing a crucial role in bringing together top minds, groundbreaking research, and transformative ideas to accelerate the quantum revolution.

The structure of Qmet, one of the four thematic hubs created under NQM being implemented by the Department of Science and Technology (DST), Government of India comprises of 16 institutes and 40 researchers located across India who are working with a shared sense of purpose to achieve the common goal through collaboration, cooperation, and effective communication.

It aims to bridge fundamental research and practical applications in Quantum Sensing and Metrology—one of the four focus areas under NQM.

Diamonds are a major focus of Prof Saha’s research. Her team works with defects called Nitrogen Vacancy (NV) centre in diamond which are very precise magnetic field and temperature sensors. She manipulates them to make systems that can probe your neurons or delve into your cells.

When the NV centres in the quantum diamond microscope being developed in Prof Saha’s lab are excited with fluorescent green light, they emit red light. This NV centre defect exhibits a unique “spin” property. The spins couple with magnetic fields and they emit red light. So, they essentially act like ultra-sensitive magnetic field sensors.

The team aims to use the quantum diamond microscope to enable non-destructive testing of semiconductor chips by mapping magnetic field in 3D layers within an encapsulated chip.

They are also trying to extend this application into different other domains like biological sensing. They probe into neuronal cultures that exchange electrical pulses resulting in magnetic fields associated with them.

These magnetic fields, albeit extremely small, can be measured to trace the location of the neurons and this measurement can help identify and correlate how the neurons are actually interacting with the magnetic fields by producing single neuron resolution. This could be one of the potential ways in which one can really go to the fundamental limits of magnetic field sensitivity.

Diamonds mined in India, which Professor Saha specializes in, have a rich history dating back to ancient times and are renowned for their exceptional gemstone quality. The diamonds used for quantum applications, are however lab-grown CVD diamonds.

The team is working with a lot of diamond companies to enable indigenous, development of diamond within India for quantum applications. Enabling benchmarking of diamond samples is a crucial step in the process. In it they measure the different properties of the diamond NV spins or their lifetime technically called coherence time.

Apart from this they are working on the portable magnetometer that can be converted to chips which can be used in drones for surveillance.

In their dilettante with fundamental physics, the team is also looking at different kinds of magnetic materials to explore their viability as quantum materials. The set up they have developed will help them understand how different materials work, form magnetic maps extending even to the video of a magnetic map and understand the direction of the magnetic field being generated.

This opens up scope of commercialising it under the NQM. Improving the sensitivity of such a set up could help imaging of neurons. Their goal under NQM is to provide the highest kind of spatial resolution possible for a quantum microscope by pushing the sensitivity down absolutely to the fundamental limits and understanding the noise constraints that need to be corrected. In this manner, they plan to develop practical quantum devices via design and experimentation, thus connecting quantum theory to engineering applications.

Quantum Diamond Microscope

Quantum sensing of mimicked neural activities

Set up for testing quantum materials

***

NKR/PSM

(Release ID: 2104088) Visitor Counter : 46

MIL OSI Asia Pacific News –

February 18, 2025
MIL-OSI Asia-Pac: Speech by CE at South China Morning Post China Conference: Southeast Asia 2025 (English only) (with video)

Source: Hong Kong Government special administrative region

     Following is the video speech by the Chief Executive, Mr John Lee, at the South China Morning Post China Conference: Southeast Asia 2025 today (February 17):

Your Excellency Minister Tengku Zafrul Aziz (Minister of Investment, Trade and Industry of Malaysia), officials and friends from ASEAN (Association of Southeast Asian Nations) and around the world, Ms Catherine So (Chief Executive Officer of South China Morning Post), Ms Tammy Tam (Editor-in-Chief of South China Morning Post), distinguished guests, ladies and gentlemen,

     Good afternoon. I am pleased to join you today, virtually, at this remarkable conference in Kuala Lumpur.

     For that, I am grateful to the South China Morning Post for organising the China Conference: Southeast Asia, and for putting a prime spotlight on the substantive roles played by China, our country, and Southeast Asia in shaping the global agenda, now and long down the road.

     To that end, you have heard today from His Excellency Prime Minister Anwar Ibrahim, as well as a wealth of senior governmental, business and financial leaders and decision-makers from Malaysia, throughout ASEAN and around the world.

     For the next few minutes, allow me to speak about Hong Kong – about the role we play in working with our country and in connecting with member states of ASEAN and far beyond.

     Long a “super connector”, Hong Kong takes pride in creating value for traditional and emerging markets. We are the natural bridge for ASEAN business looking to Mainland Chinese markets and opportunities. We are, as well, the conduit for Mainland businesses looking to explore overseas opportunities, whether in ASEAN, the Middle East or elsewhere.

     Indeed, the Mainland and ASEAN are our two largest trade-in-goods partners, with total trade value reaching US$619 billion and US$165 billion respectively last year.

     We are home to about 2 600 offices with parent companies on the Mainland, up 20 per cent over 2023 totals. Last year, too, some 730 offices with parent companies in ASEAN maintained an office in Hong Kong. That’s an increase of about 10 per cent year on year.

     And I am confident of continuing growth in the coming years, given the ASEAN-Hong Kong, China Free Trade Agreement and related Investment Agreement, as well as the recently signed amendment to the Agreement on Trade in Services of CEPA – the Mainland and Hong Kong Closer Economic Partnership Arrangement.

     The new CEPA Agreement introduces service-sector liberalisation measures, making it easier for Hong Kong suppliers, and international companies with offices in Hong Kong, to do business on the Mainland.

     As you know, CEPA is nationality neutral, so I encourage ASEAN companies to enjoy Hong Kong’s world-class professional services and, in doing so, make full use of CEPA in accessing the Mainland market.

     Alongside strong business ties with ASEAN, our people-to-people bonds are long-standing and mutually rewarding.

     Since assuming office, in July 2022, I have led high-profile Hong Kong delegations to seven of the 10 ASEAN countries. Nearly 90 co-operation agreements between Hong Kong and ASEAN countries have been signed over that period – and in so many areas, from economic and trade matters to innovation and technology, cultural exchange, education and more.

     And I am committed to building on our gratifying ties.

     We have relaxed the criteria for nationals of Cambodia, Laos, Myanmar and Vietnam applying for multiple-entry visas to Hong Kong. We have, as well, extended their validity period from two to three years.

     We will also provide self-service immigration clearance for invited ASEAN-country visitors participating in business, development and related activities in Hong Kong.

     And for ASEAN and other non-Chinese residents working in Hong Kong and wishing to travel to the Mainland, the multiple-entry visas have been extended for up to five years, making Mainland entry from Hong Kong fast and efficient.

     And to make our ASEAN friends feel at home in Hong Kong, we are compiling a list of restaurants offering halal food, while encouraging hotels and other establishments to provide appropriate worship services.

     There’s more. We’re making it easier to communicate with ASEAN business. In addition to our Economic and Trade Offices in Singapore, Jakarta and Bangkok, we are working with the Malaysian government to establish a trade office in Kuala Lumpur.

     Allow me to thank ASEAN member states for their staunch support of our accession to the Regional Comprehensive Economic Partnership, the world’s largest free trade agreement. I count on leaders like your good selves to support Hong Kong’s accession bid.

     Ladies and gentlemen, I wish you all the best of business, health and well-being in this auspicious Chinese New Year – the Year of the Snake.

     Thank you.

MIL OSI Asia Pacific News –

February 18, 2025
MIL-OSI Asia-Pac: SFST’s keynote speech at ASIFMA Annual Conference 2025 (English only) (with photo)

Source: Hong Kong Government special administrative region

Following is the keynote speech by the Secretary for Financial Services and the Treasury, Mr Christopher Hui, at the Asia Securities Industry & Financial Markets Association (ASIFMA) Annual Conference 2025 today (February 17):

Peter (Chief Executive Officer of the ASIFMA, Mr Peter Stein), distinguished guests, ladies and gentlemen,

     Good morning. It is my great pleasure to join the ASIFMA Annual Conference today, where global leaders, policymakers, and industry experts gather to explore new growth opportunities in the midst of an unprecedented transformation in the global environment.

     Our financial market is characterised by deep liquidity, diverse financial products and services, strong emphasis on investor protection, a well-educated and highly efficient workforce, ease of entry for non-local professionals, and effective and transparent financial regulations aligned with international standards. These competitive advantages have been widely recognised by various international institutions. Hong Kong ranked first as Asia’s leading international financial hub in the latest Global Financial Centres Index. Recently, the International Monetary Fund also reaffirmed that our financial system remains resilient, supported by robust institutional frameworks, ample policy buffers, and the smooth functioning of the Linked Exchange Rate System.

     And so far, we have made good progress in developing the stock market. Hong Kong’s stock market surged by some 18 per cent and the average daily turnover jumped by 26 per cent from a year earlier. We were also the world’s fourth-largest and Asia’s second-largest initial public offering (IPO) market, with IPO proceeds at about HK$80 billion last year, which is almost double that in the year before last. To strengthen the competitiveness of our market, we have implemented a range of measures including optimising the vetting procedures of listing applications, enhancing the listing regime for specialist technology companies, and enabling market trading under severe weather, to name just a few.

     To further boost the efficiency and liquidity of our stock market, the Government, in collaboration with the regulators and HKEX (Hong Kong Exchanges and Clearing Limited), is continuously exploring different market development measures to further enhance our listing regime and trading mechanism, with a view to strengthening overall market competitiveness and expanding our overseas networks. A consultation ongoing is the one concerning optimisation of our IPO price discovery and open market requirements. The consultation will last till March 19 and I am sure Peter will make sure that you are being heard.

     The Hong Kong bond market has continued to grow in tandem with the Government’s active promotion. Hong Kong has been the largest centre for arranging bonds issued in the region by Asia-based entities for 16 consecutive years, with nine years being the leader internationally, capturing about a quarter of the market in 2023.

The Government and the regulators will continue to promote the advantages of our bond market to issuers and investors on the Mainland and overseas to deepen our bond market development. We will expand the issuance of Renminbi bonds and support the issuance of more green and sustainable offshore Renminbi bonds in Hong Kong by Mainland and international issuers.

     We are expanding our mutual access programmes with the Mainland’s financial market, too. They include expanding the scope of eligible ETFs (exchange-traded funds) under Stock Connect, optimising the arrangements under Swap Connect, as well as the latest enhancement and expansion of Southbound trading of Bond Connect, improving transaction and settlement efficiency while broadening the investment channels for Mainland and offshore investors.

The Government, in collaboration with the regulators and HKEX, will continue to work closely with the Mainland to implement the measures supported by regulators in the two places, including the introduction of Mainland government bond futures in Hong Kong and inclusion of a Renminbi counter under Southbound trading of Stock Connect, and actively exploring further enhancement initiatives.

     Building an international gold trading centre is a new growth point for Hong Kong to cement our status as an international financial centre. The Government will promote the development of world-class gold storage facilities and, building on the increased gold holding, scale up associated support and financial services and expand related derivative transactions, hence creating a comprehensive ecosystem in a progressive manner. We already set up a working group last year and we are now working at full steam to formulate a comprehensive implementation plan. Furthermore, we are committed to increasing the storage and delivery of commodities in Hong Kong, not only precious metals but also base metals, and providing better services to Mainland enterprises engaging in international commodity trade. To achieve this, we will facilitate the relevant international commodity exchange which is the London Metal Exchange (LME) to set up accredited warehouses in Hong Kong, enhance associated financial services, and also support the creation of a thriving commodity trading ecosystem.

     If you may recall, the 2024 Policy Address announced that the Government will facilitate the opening of new distribution channels for private equity (PE) funds through HKEX’s listings. Alternate asset funds, including PE funds, as eligible collective investment schemes (CISs), may apply for listing in Hong Kong under Chapter 20 of our Listing Rules. The SFC (Securities and Futures Commission) has been engaging with HKEX, industry associations and interested fund managers to explain the relevant regulatory and requirements. On that front, the SFC plans to issue a circular very soon this month to clarify the requirements for authorising closed-end alternative funds for listing on HKEX. The SFC also plans to issue a discussion paper in the first quarter of this year to seek the industry’s views on the viability of allowing retail investors to invest in unlisted alternative funds without committing on any rule changes.

     We will also attract more global capital to be managed in Hong Kong. Last March, we launched the New Capital Investment Entrant Scheme. So far, around HK$6.5 billion has been invested. If you look at the amount of financial assets being invested through this HK$6.5 billion, most of them go to financial products, with 45 per cent going to CISs, 39 per cent going to equities and 15 per cent going to debt securities. From March this year, we will relax the net assessment and calculation requirements. We will also accept investments made through an applicant’s wholly owned eligible private company. In addition, we will enhance the profits tax exemption regimes for funds and single family offices. The Government will also put in place an inward company redomiciliation regime which provides a simple and straightforward route for non-Hong Kong incorporated companies to transfer their domicile to Hong Kong while ensuring business continuity. We are confident that these measures will help to bring in more of the world’s top companies and of course talent to our city.

     We also strive to deepen our reforms and explore new growth areas using a new mindset amidst changing circumstances. A new growth opportunity is green and sustainable finance, a fast-developing area on the back of climate change. Hong Kong is a leading green and sustainable finance hub in Asia. The total green and sustainable debt, including both bonds and loans, issued in Hong Kong exceeded US$50 billion in 2023. Among which, the volume of green and sustainable bonds arranged in Hong Kong topped the Asian market, accounting for 37 per cent of the regional total.

     To solidify the competitiveness of enterprises in Hong Kong to address the global demand for sustainability disclosure, we launched a roadmap on sustainability disclosure in Hong Kong. The roadmap provides a well-defined pathway for large publicly accountable entities (PAEs) to fully adopt the ISSB Standards (International Financial Reporting Standards – Sustainability Disclosure Standards) no later than 2028, leading Hong Kong to be among the first jurisdictions to align our local requirements with those of the ISSB Standards.

     Fintech is a new growth area and also one of the new strategic areas. On this front, we issued a policy statement last year to set out the policy stance and approach for promoting the responsible application of artificial intelligence in the financial market. Regarding the sustainable development of virtual assets, we have enhanced the regulatory framework and introduced a bill last year on the regulation of fiat-referenced stablecoin issuers. In addition, the Government will put forward a proposed licensing regime for virtual asset custodian service providers.

     And in fact, if you look at the calendar of key events this year, we will very soon have the conference Consensus Hong Kong 2025 which is a world-renowned Web3 global conference. This is the first time they will land in Asia and they have picked Hong Kong as their first stop.

     Ladies and gentlemen, the opportunities in Hong Kong are immense despite the complex geopolitical and economic landscape. As we actively integrate into and embrace the opportunities presented by the national development strategies, Hong Kong will remain as an ideal gateway connecting the Mainland capital market with the rest of the world, and provide a prime location and platform for international businesses and investors to tap into the vast business potential and investment opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area, Mainland China and beyond, and of course include the Middle East, ASEAN (Association of Southeast Asian Nations) and India as covered in this year’s conference in many more years to come.

     As a leading global financial centre, we will continue to expand and enrich our dynamic capital markets and liquidity pool as well as diversify our product and services offerings to better serve both regional and international investors. We welcome you all to use Hong Kong as a platform to grab the opportunities and at the same time to give us more comments and also views in terms of how we can grow this market further. Thank you.

MIL OSI Asia Pacific News –

February 18, 2025
MIL-OSI Asia-Pac: APEDA Facilitates First-Ever Sea Shipments of Indian Pomegranates to Australia

Source: Government of India

Posted On: 17 FEB 2025 12:42PM by PIB Delhi

In a significant milestone for India’s agricultural exports, the Agricultural and Processed Food Products Export Development Authority (APEDA) in collaboration with AgroStar and Kay Bee Exports successfully completed India’s first-ever commercial trial shipments of premium Sangola and Bhagwa pomegranates respectively to Australia via sea. This marks a major breakthrough in expanding market access for Indian fresh produce.

After getting the market access for export of Indian pomegranates to Australia, a work plan and Standard Operating Procedures (SOP) for the export of pomegranates to Australia were signed in February 2024. The first air shipment took place in July 2024, following the successful market access facilitation by APEDA and National Plant Protection Organization (NPPO). The air shipment helped assess market demand, which led to follow-up sea shipments to optimize cost efficiency.

The first-ever sea-freight shipment departed from India on December 6, 2024 and arrived in Sydney on January 13, 2025 with 5.7 metric tons (MT) of pomegranates sourced from the Solapur region of Maharashtra, packed into 1,900 boxes, each containing 3 kg of premium fruit. Another commercial sea shipment carrying 1,872 boxes (6.56 tons) of Bhagwa variety arrived in Brisbane, Australia, on January 6, 2025. The use of bulk sea shipment ensured competitive pricing, benefiting farmers and creating sustainable trade opportunities. Both shipments were integrated into ANARNET, India’s traceability system, ensuring transparency and building consumer confidence in international markets. This successful export not only underscores India’s capabilities in meeting global quality standards but also provides a significant boost to Indian farmers by opening up new revenue streams.

Upon arrival, the pomegranates received an overwhelmingly positive response in Sydney, Brisbane and Melbourne. The strong demand has already led to immediate requests for additional shipments, showcasing the growing potential for a profitable and sustainable trade relationship between India and Australia. The shipment’s timing was strategically aligned with Australia’s non-producing season, maximizing market opportunities for Indian exporters.

Mr. Abhishek Dev, Chairman APEDA, emphasised “India’s agricultural export landscape is growing at an unprecedented pace, with fresh fruit exports surging by 29% year-on-year. Pomegranates alone have seen a 20% growth, demonstrating the immense potential of this segment. The successful shipments of premium pomegranates to Australia marks India’s ability to supply high-quality fresh produce to discerning international markets. Through advanced traceability systems like ANARNET, we ensure that Indian agricultural products meet the highest global standards, enhancing consumer trust worldwide.”

Mr. Abhishek Dev also emphasized APEDA’s role in securing and facilitating market access for Indian farmers, stating, “We are committed to supporting Indian farmers and agri-entrepreneurs by expanding into new and emerging markets. This success story paves the way for further collaborations and increased export volumes in the future.”

With the next export season beginning in September, AgroStar’s INI Farms, Kay Bee Exports and other key players are poised to build on this success, ensuring a steady supply of Indian pomegranates to Australia. This development reaffirms India’s position as a global leader in agricultural exports and strengthens bilateral trade ties with Australia.

APEDA is a statutory body under the Ministry of Commerce and Industry, Government of India which plays a crucial role in facilitating agricultural and processed food exports. APEDA supports Indian farmers and agri-businesses by promoting market development, infrastructure expansion and export promotion through traceability systems like ANARNET. India’s agricultural exports, including fresh fruits, vegetables, basmati rice and processed foods, continue to see robust growth, reinforcing the country’s position in the global agri-trade sector.

***

Abhishek Dayal/ Abhijith Narayanan

(Release ID: 2104015) Visitor Counter : 99

MIL OSI Asia Pacific News –

February 18, 2025
MIL-OSI: Two Enlight Facilities Win Bids in the Israel Electricity Authority’s Energy Storage Tender and the Company Expects to Construct Total Storage Capacity in the Range of 1,300 to 1,900 MWh

Source: GlobeNewswire (MIL-OSI)

TEL AVIV, Israel, Feb. 17, 2025 (GLOBE NEWSWIRE) — Enlight Renewable Energy (“Enlight”, “the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading renewable energy platform, announced today that two of the Company’s energy storage facilities have won bids in the Israel Electricity Authority’s first availability tariff tender process. The two sites, Neot Smadar and Ohad, are located in the south of Israel and have a combined grid connection capacity of 300 MW AC.

According to the tender’s terms, after supplying power at the availability tariff rate for five years, the Company may transition to selling electricity into the deregulated market as well as increase the facilities’ storage capacity. Securing a grid connection of 300 MW AC will allow Enlight to build projects with a total storage capacity of 1,300 MWh, potentially rising to 1,900 MWh following the transition into the deregulated market. According to the tender’s terms, the projects are expected to reach commercial operation by 2028.

The combined construction cost of the two facilities is expected to range between $210-250 million, depending on the ultimate amount of capacity the Company decides to build. The projects are expected to generate combined average annual revenues of $75-85 million and combined average annual EBITDA of $37-42 million over the full life of the projects.

Enlight has approximately 8 GWh of Mature¹ storage projects that are expected to enter into operations by 2027. In addition, the Company has a portfolio of energy storage assets in various stages of development totaling approximately 25 GWh, of which about 6 GWh are located in Israel. The two sites selected in the tender represent 20% of the total capacity awarded through the bidding process, further solidifying Enlight’s leadership of Israel’s energy storage market as the only company with significant presence in both medium-voltage and high-voltage storage sectors.

Gilad Peled, CEO of Enlight MENA commented, “Enlight is proud to lead the energy storage revolution in Israel with a significant double win, representing 20% of the total capacity in the Israel Electricity Authority’s tender. Our success underscores Enlight’s leadership of the storage sector, and these projects will join the Israel Solar and Storage cluster that is already in operation. The massive investment in constructing these facilities in the south of Israel will contribute to greater energy security and create numerous jobs. Our advanced storage facilities in Neot Smadar and Ohad are part of Enlight’s broader vision to lead the transition to renewable energy production in Israel. We are proud to be part of this historic trend, accelerating the shift to clean energy, enhancing competition, and reducing electricity prices for Israel’s citizens.”

¹ Mature projects are defined as currently operating, under construction, and pre-construction (with construction start within a 0-12 month timeframe).

About Enlight Renewable Energy

Founded in 2008, Enlight develops, finances, constructs, owns, and operates utility-scale renewable energy projects. Enlight operates across the three largest renewable segments today: solar, wind and energy storage. A global platform, Enlight operates in the United States, Israel and 10 European countries. Enlight has been traded on the Tel Aviv Stock Exchange since 2010 (TASE: ENLT) and completed its U.S. IPO (Nasdaq: ENLT) in 2023. Learn more at www.enlightenergy.co.il.

Contacts:

Yonah Weisz
Director IR
investors@enlightenergy.co.il

Erica Mannion or Mike Funari
Sapphire Investor Relations, LLC
+1 617 542 6180
investors@enlightenergy.co.il

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements as contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding the Company’s expectations relating to the Project, the PPA and the related interconnection agreement and lease option, and the completion timeline for the Project, are forward-looking statements. The words “may,” “might,” “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “target,” “seek,” “believe,” “estimate,” “predict,” “potential,” “continue,” “contemplate,” “possible,” “forecasts,” “aims” or the negative of these terms and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the following: our ability to site suitable land for, and otherwise source, renewable energy projects and to successfully develop and convert them into Operational Projects; availability of, and access to, interconnection facilities and transmission systems; our ability to obtain and maintain governmental and other regulatory approvals and permits, including environmental approvals and permits; construction delays, operational delays and supply chain disruptions leading to increased cost of materials required for the construction of our projects, as well as cost overruns and delays related to disputes with contractors; our suppliers’ ability and willingness to perform both existing and future obligations; competition from traditional and renewable energy companies in developing renewable energy projects; potential slowed demand for renewable energy projects and our ability to enter into new offtake contracts on acceptable terms and prices as current offtake contracts expire; offtakers’ ability to terminate contracts or seek other remedies resulting from failure of our projects to meet development, operational or performance benchmarks; various technical and operational challenges leading to unplanned outages, reduced output, interconnection or termination issues; the dependence of our production and revenue on suitable meteorological and environmental conditions, and our ability to accurately predict such conditions; our ability to enforce warranties provided by our counterparties in the event that our projects do not perform as expected; government curtailment, energy price caps and other government actions that restrict or reduce the profitability of renewable energy production; electricity price volatility, unusual weather conditions (including the effects of climate change, could adversely affect wind and solar conditions), catastrophic weather-related or other damage to facilities, unscheduled generation outages, maintenance or repairs, unanticipated changes to availability due to higher demand, shortages, transportation problems or other developments, environmental incidents, or electric transmission system constraints and the possibility that we may not have adequate insurance to cover losses as a result of such hazards; our dependence on certain operational projects for a substantial portion of our cash flows; our ability to continue to grow our portfolio of projects through successful acquisitions; changes and advances in technology that impair or eliminate the competitive advantage of our projects or upsets the expectations underlying investments in our technologies; our ability to effectively anticipate and manage cost inflation, interest rate risk, currency exchange fluctuations and other macroeconomic conditions that impact our business; our ability to retain and attract key personnel; our ability to manage legal and regulatory compliance and litigation risk across our global corporate structure; our ability to protect our business from, and manage the impact of, cyber-attacks, disruptions and security incidents, as well as acts of terrorism or war; the potential impact of the current conflicts in Israel on our operations and financial condition and Company actions designed to mitigate such impact; changes to existing renewable energy industry policies and regulations that present technical, regulatory and economic barriers to renewable energy projects; the reduction, elimination or expiration of government incentives for, or regulations mandating the use of, renewable energy; our ability to effectively manage our supply chain and comply with applicable regulations with respect to international trade relations, tariffs, sanctions, export controls and anti-bribery and anti-corruption laws; our ability to effectively comply with Environmental Health and Safety and other laws and regulations and receive and maintain all necessary licenses, permits and authorizations; our performance of various obligations under the terms of our indebtedness (and the indebtedness of our subsidiaries that we guarantee) and our ability to continue to secure project financing on attractive terms for our projects; limitations on our management rights and operational flexibility due to our use of tax equity arrangements; potential claims and disagreements with partners, investors and other counterparties that could reduce our right to cash flows generated by our projects; our ability to comply with tax laws of various jurisdictions in which we currently operate as well as the tax laws in jurisdictions in which we intend to operate in the future; the unknown effect of the dual listing of our ordinary shares on the price of our ordinary shares; various risks related to our incorporation and location in Israel; the costs and requirements of being a public company, including the diversion of management’s attention with respect to such requirements; certain provisions in our Articles of Association and certain applicable regulations that may delay or prevent a change of control; and other risk factors set forth in the section titled “Risk factors” in our Annual Report on Form 20-F for the fiscal year ended December 31, 2023, filed with the Securities and Exchange Commission (the “SEC”) and our other documents filed with or furnished to the SEC.

These statements reflect management’s current expectations regarding future events and speak only as of the date of this press release. You should not put undue reliance on any forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as may be required by applicable law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

The MIL Network –

February 18, 2025

MIL-OSI: Form 8.3 – [LEARNING TECHNOLOGIES GROUP PLC – 14 02 2025] – (CGWL)

Source: GlobeNewswire (MIL-OSI)

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Full name of discloser:	CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.	N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	LEARNING TECHNOLOGIES GROUP PLC
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:	N/A
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure	14 FEBRUARY 2025
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”	N/A

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	0.375p ORDINARY
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	9,454,706	1.1930
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	9,454,706	1.1930

NOTE: On 14/02/2025 5,062 shares were transferred in by a discretionary client.

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit
0.375p ORDINARY	SALE	2,400	99.1p
0.375p ORDINARY	SALE	42,720	99.152p

(b) Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
NONE

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit
NONE

(ii) Exercise

Class of relevant security

Product description
e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)
NONE

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

NONE

(b) Agreements, arrangements or understandings relating to options or derivatives

NONE

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

Date of disclosure:	17 FEBRUARY 2025
Contact name:	MARK ELLIOTT
Telephone number:	01253 376539

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

The MIL Network –

February 18, 2025

MIL-OSI Africa: Islamic Finance Expands Africa’s Energy Investment Landscape, Strengthening Arab-African Cooperation

Source: Africa Press Organisation – English (2) – Report:

PARIS, France, February 17, 2025/APO Group/ —

Africa’s energy sector is seeing growing interest from Islamic financial institutions, as demonstrated by the recent $400 million Murabaha financing secured by Africa Finance Corporation (AFC). This transaction not only underscores the growing role of Islamic finance in Africa’s infrastructure development, but also highlights significant opportunities for deeper financial cooperation between Arab and African nations in the energy sector.

The strong demand for AFC’s facility, which attracted 11 Islamic financial institutions – including Abu Dhabi Islamic Bank, Al Rajhi Bank and Emirates Islamic Bank – signals growing appetite among Middle Eastern banks to engage in Africa’s development. The facility, upsized from an initial $300 million due to high investor interest, reinforces AFC’s strategy to diversify its funding base and aligns with broader efforts to expand energy investment partnerships between Arab and African countries.

Islamic finance is emerging as a key source of funding for Africa’s energy sector, particularly for large-scale infrastructure projects. The Murabaha financing structure used in AFC’s deal aligns with Sharia principles, offering an attractive and ethical investment vehicle for Middle Eastern and North African financial institutions seeking exposure to African markets. This move complements AFC’s recent $500 million hybrid bond issuance and the corporation’s ongoing efforts to attract diverse capital sources, including potential Panda bonds in China.

Opportunities for Arab Investment in Africa’s Energy Future

The increasing participation of Islamic banks and financial institutions presents a strategic opportunity for Middle Eastern nations to play a larger role in Africa’s energy transition. Countries such as the UAE, Saudi Arabia and Qatar have well-capitalized financial institutions and sovereign wealth funds that can accelerate Africa’s energy infrastructure expansion, particularly in natural gas, renewables and power generation.

Arab nations already have a growing footprint in Africa’s energy sector. The UAE’s Masdar has been investing in renewable projects across North and sub-Saharan Africa – committing $10 billion to deliver 10 GW of clean energy capacity in Africa by 2030 – while Saudi Arabia’s ACWA Power has been involved in developing solar and desalination projects across the continent. QatarEnergy has been actively advancing hydrocarbon exploration in Africa, expanding its interests in Namibia’s offshore Orange Basin, while ADNOC has strengthened its footprint by acquiring a 10% stake in the Area 4 concession of Mozambique’s Rovuma Basin. However, there remains significant untapped potential for Arab-African cooperation, particularly in financing LNG terminals, gas-to-power projects and oil and gas exploration. Countries like Egypt, Algeria and Libya, which straddle both regions, can serve as financial and logistical bridges between Middle Eastern investors and African energy markets.

The Role of Energy-Focused Islamic Finance

The AFC’s Murabaha financing comes at a time when global Islamic finance is experiencing sustained growth, with assets expected to see high single-digit expansion through 2025, according to S&P Global Ratings. This growth is supported by strong balance sheets, high profitability and increasing regulatory backing. The surge in Islamic finance presents a timely opportunity for African energy projects, which require significant capital investment to meet the continent’s growing energy demand.

One of the major advantages of Islamic finance is its alignment with sustainable investment principles, making it particularly attractive for funding Africa’s energy transition. In addition to AFC’s investment in renewable energy ventures such as Xlinks’ renewable energy initiative and the expansion of Lekela Power’s 3 GW capacity target, Islamic financial institutions could extend their involvement to Africa’s gas sector, which is viewed as a transitional fuel to bridge the energy gap.

Strengthening Arab-African Partnerships at IAE 2025

The increasing role of Middle Eastern finance in Africa’s energy sector will be a critical focus at the upcoming Invest in African Energy (IAE) Forum in Paris this May. Serving as the premier African energy project showcase outside of the continent, IAE 2025 provides a space for African governments, investors and key financial players from the Middle East to explore new partnerships and drive investment in gas, LNG and broader energy infrastructure projects. By tapping into Islamic finance, African countries can secure critical capital to accelerate its energy development. At the same time, Arab nations stand to benefit from deeper economic integration with Africa, gaining access to new markets and resources. The AFC’s successful Murabaha financing serves as a strong indicator that the time is ripe for greater energy sector collaboration between Africa and the Middle East.

IAE 2025 (http://apo-opa.co/4hC0kAA) is an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 13-14, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit www.Invest-Africa-Energy.com. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

MIL OSI Africa –

February 18, 2025
MIL-OSI Europe: Publication of report on EU data policy monitoring

Source: Switzerland – Federal Administration in English

The digital policy activities of the EU (European Union) can also impact Switzerland under certain circumstances. Swiss companies nevertheless do not face significant risks regarding the EU’s access to the single market at this time, according to a report published by the Federal Administration on 17 February 2025 analysing the impact of EU digital policy on Switzerland.

MIL OSI Europe News –

February 18, 2025
MIL-OSI Europe: At a Glance – Plenary round-up – February 2025 – 14-02-2025

Source: European Parliament

The highlight of the February 2025 plenary session was the presentation of the European Commission’s long-awaited 2025 work programme and the subsequent debate. The session also saw a debate on Council and Commission statements on continued EU support for Ukraine, followed by an address by Ruslan Stefanchuk, Speaker of the Verkhovna Rada. Members took part in several debates linked to preparing the EU for a new trade era: on multilateral cooperation on tariffs, the EU-Mercosur Trade Agreement, and protecting the system of international justice and its institutions. A debate and vote on the 2024 European Central Bank annual report took place in the presence of Christine Lagarde, President of the Bank. Parliament held a debate on media freedom, in honour of the memory of journalists Ján Kuciak and Martina Kušnírová; another debate marked the anniversary of the murder of Alexei Navalny. Members also debated the political crisis in Serbia, the escalating violence in the Democratic Republic of the Congo, and resolving humanitarian crises following war and conflict. Finally, Parliament debated the escalation of violence in Sweden, the mental health crisis among Europe’s youth, and cross-border recognition of same-sex couples and their children’s civil status documents.

MIL OSI Europe News –

February 18, 2025
MIL-OSI: MEXC Launches Zero-Fee Trading Zone to Maximize Profits for Traders

Source: GlobeNewswire (MIL-OSI)

VICTORIA, Seychelles, Feb. 17, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, is excited to announce the launch of its Zero-Fee Trading Zone, offering traders the chance to enjoy 0% Maker and Taker fees on hot trading pairs for a limited time. This initiative allows traders to take full advantage of market opportunities without incurring the usual fees, optimizing their potential profits.

By creating this dedicated Zero-Fee Trading Zone, MEXC eliminates the hassle of searching for specific zero-fee pairs, allowing traders to focus on capitalizing on market movements without worrying about trading costs.

Eligible pairs include:
Futures: Over 100 pairs, including popular trading pairs such as APTUSDT, TRUMPUSDT, MELANIAUSDT， SEIUSDT, TIAUSDT, INJUSDT, ORDIUSDT, WLDUSDT, POPCATUSDT, and more.
Spot: More than 40 pairs, featuring highly-traded pairs like APT/USDT, XRP/USDT, AVAX/USDT, BOME/USDT, DOGE/USDT, WIF/USDT, ORDI/USDT, TIA/USDT and others.

Since its founding in 2018, MEXC has earned widespread recognition for its user-centric values and its vision of “To become everyone’s easiest way to crypto”.The platform now serves over 30 million users across 170+ countries. With continuous improvements and strategic initiatives, MEXC’s influence in the cryptocurrency sector has grown significantly. In the latest TokenInsight report, MEXC ranked among the top six in spot trading and the top five in derivatives trading globally. These achievements underscore MEXC’s commitment to delivering exceptional service and its leadership in the crypto industry.

Tracy Jin, Vice President at MEXC, commented: “At MEXC, our mission is to offer users a simple, seamless, and efficient cryptocurrency trading experience. The launch of the Zero-Fee Trading Zone is just one example of how we prioritize our users and create the best possible trading environment. Additionally, MEXC supports over 3,000 tradable tokens, daily airdrops, ultra-low fees, and robust liquidity, enhancing the user experience and providing exclusive opportunities to earn free assets and maximize potential returns.”

MEXC aims to become the go-to platform offering the widest range of valuable crypto assets. The platform has grown its user base to 32 million by providing a diverse selection of tokens, high-frequency airdrops, and simple participation processes. In 2024, MEXC launched a total of 2,376 new tokens, including 1,716 initial listings and 605 memecoins, with total airdrop rewards exceeding $136 million.

Please note that the event times for each eligible trading pair may vary. For specific details on eligible pairs and their respective event end times, refer to the latest announcements on MEXC’s official website.

About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 30 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

Risk Disclaimer:
The information provided in this article about cryptocurrencies does not represent MEXC’s official stance or investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully evaluate market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.

Contact:
Lucia Hu
PR Manager
lucia.hu@mexc.com

Disclaimer: This content is provided by MEXC. The statements, views, and opinions expressed in this content are solely those of the sponsor and do not necessarily reflect the views of this media platform. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered as financial, investment, or trading advice. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/006339ec-628d-41e4-9e69-47c6d59ed1f4

The MIL Network –

February 18, 2025
MIL-OSI Economics: Samsung’s AI-Driven and Sustainable Signage Solutions Earn Top Awards at ISE 2025

Source: Samsung

As Europe’s largest display exhibition, Integrated Systems Europe (ISE) always highlights the best of the best in digital signage. This year was no different with Samsung Electronics and other industry-leading companies setting the stage for the future by pushing the boundaries of innovation.

▲ Samsung received a total of 12 awards, including five Best of Show awards at ISE 2025.

Samsung’s booth entrance featured The Wall, drawing in visitors with an immersive anamorphic experience powered by cutting-edge MICRO LED technology. Throughout the booth, attendees caught a glimpse of the various environments being transformed by Samsung’s next-generation signage solutions — from corporate offices and classrooms to hotels and museums.

▲ Thousands of attendees made their way through Samsung’s engaging and expansive booth.

Samsung Newsroom captured some of the standout products showcased at ISE 2025 that demonstrate Samsung’s leadership in commercial display technology.

Samsung Color E-Paper: Ultra-Bright, Ultra-Light and Ultra-Efficient
HoloDisplay: Bringing Signage to Life With 3D Innovation
Transparent MICRO LED: Blending Reality and Digital Content
Interactive Display: A Smarter, More Interactive Classroom Experience
The Wall: Optimizing Command and Control Rooms With High-Resolution Displays
The Wall for Virtual Production: A Seamless, Cost-Effective LED Stage Solution for Filmmakers
SmartThings Pro: Expanding Partnerships and Enhancing IoT Automation
Another Record-Breaking Year for Samsung at ISE 2025

Samsung Color E-Paper: Ultra-Bright, Ultra-Light and Ultra-Efficient
▲ (From left) Jungsuk Han, Jonghwa Bae and Kwangju Kim stand with ISE 2025 Best of Show trophies for Samsung Color E-Paper, which delivers vivid, high-intensity color in a remarkable form factor.

Launched at ISE 2025, the energy-efficient Samsung Color E-Paper (EMDX model) stunned visitors with its vibrant digital ink technology and slim, lightweight design. This innovative signage solution is ideal for locations where content remains the same for a week or longer — such as retail or grocery stores and outdoor spaces such as bus stops. The display uses 0.00W1 of power when showing a static image and can easily be managed through a dedicated app2 or with Samsung VXT (Visual eXperience Transformation), a cloud-based content management solution (CMS) platform.

Samsung Color E-Paper received numerous Best of Show awards at ISE 2025 from trade publications — including AV Technology, Digital Signage and Installation.

HoloDisplay: Bringing Signage to Life With 3D Innovation
▲ A visitor reaches out to try and touch the 3D projected image in the innovative HoloDisplay, which creates a ‘floating object’ effect for an immersive experience

Following its debut at CES 2025, the HoloDisplay captivated attendees with its anti-distortion technology that forms a floating image in midair and its brighter and sharper picture quality. The HoloDisplay also earned the Best of Show award at ISE 2025 from Installation.

Transparent MICRO LED: Blending Reality and Digital Content
▲ The Transparent MICRO LED attracted visitors’ attention with its crystal-clear, glass-like display.

The Transparent MICRO LED display brought a new viewing experience to attendees. With its crystal-clear, glass-like design and high resolution, the display earned industry recognition including this year’s Digital Signage Innovation of the Year award from AV News.

Interactive Display: A Smarter, More Interactive Classroom Experience
▲ 2025 Interactive Display with Samsung AI Assistant

Samsung showcased its 2025 Interactive Display with Samsung AI Assistant — a new educational solution designed to provide an interactive experience to students. Attendees explored the new AI capabilities now supported, such as Circle to Search.

The 2025 Interactive Display earned the Best of Show award at ISE 2025 from the trade publication Tech & Learning, further solidifying its reputation as a cutting-edge educational solution.

The Wall: Optimizing Command and Control Rooms With High-Resolution Displays
▲ A Traffic command and control demonstration at ISE 2025 (left) and NASCAR’s new remote race control room (right)

Samsung showcased how The Wall can help businesses make fast and informed decisions. At the booth, attendees witnessed how the display can be used in settings such as control rooms to provide a large, dynamic canvas for real-time monitoring and decision-making.

In the United States, NASCAR’s new remote race control room now utilizes The Wall enhanced race officiating. Officials can review comprehensive, real-time video, audio and data from the track and remotely oversee races on an impressive 32-foot-wide, 9-foot-tall screen.

The Wall for Virtual Production: A Seamless, Cost-Effective LED Stage Solution for Filmmakers
▲ The Wall for Virtual Production in the corporate broadcast section in Samsung’s booth at ISE 2025

Samsung hosted a live demonstration at Samsung Corporate Broadcast Studio inside the ISE 2025 venue to showcase the seamless integration of The Wall for Virtual Production (IVC model) with Arnold & Richter Cine Technik (ARRI) cameras and lighting fixtures as well as Realtime Department’s digital experience solution. The combination of these technologies created ready-to-shoot LED backgrounds for virtual production — ensuring exceptional image quality and ease of use for corporate, broadcast and media environments.

“The collaboration with Samsung and Realtime Department has significantly lowered the entry barrier to LED production for filmmakers,” said Andre Rittner, Business Development Manager of EMEAI (Europe, the Middle East, Africa and India) at ARRI. “This partnership has brought ARRI’s award-winning equipment to a suite of studio production tools and reduced production costs without compromising quality.”

SmartThings Pro: Expanding Partnerships and Enhancing IoT Automation
▲ The SmartThings Pro wall

Samsung showcased how device ecosystems can be managed with SmartThings Pro — the company’s hyper-connected B2B platform featuring enterprise-level encryption to safeguard sensitive data across IoT connections.

Several new partnerships enhance the functionality of SmartThings Pro in business settings.

Meeting rooms: Cisco video conference cameras and dashboards connect with 105-inch 21:9 Smart signage for crystal clear video conferencing and intuitive control. The AMX Muse Automation Controller streamlines operation of The Wall without compromising security.
Retail stores: Five Nexmosphere sensors expand SmartThings Pro’s capabilities in retail settings — a presence sensor, radio-frequency identification (RFID) sensor, lidar sensor, ambient lighting sensor and an NFC reader.
Hotels: ABB devices integrate with NetX management systems and SmartThings Pro to create new guest experiences.

Another Record-Breaking Year for Samsung at ISE 2025
Samsung’s leadership in digital signage was recognized at ISE 2025 with 12 awards from various organizations and trade publications — surpassing the impressive nine awards won in 2024.

Best of Show Awards from Future
AV Technology: Samsung Color E-Paper
Digital Signage: Samsung Color E-Paper
Installation: Samsung Color E-Paper and HoloDisplay
Tech & Learning: 2025 Interactive Display

AV News Awards
AV Project of the Year (Commercial) Award: Samsung for using the Outdoor LED Signage XHB series (P8) at Shinsegae Department Store in Seoul, South Korea
Digital Signage Innovation of the Year Award: Transparent MICRO LED

Inavation Awards
Applied Technology Award: Samsung for using Onyx Led screens at Pathé Palace in Paris, France

▲ Employees from Samsung France receive the Applied Technology Award.

Top New Technologies (TNT) Awards from Commercial Integrator
All-Weather Display: OHDX Outdoor Signage 46”and 55”
TVs: 2024 HBU8000 Hospitality TV
Video Monitors: QHFX 115” Smart Signage

ISE Stand Design Awards from EXHIBITOR Magazine
Sustainability Recognition XL (250 m2 or more): Samsung

▲ The Sustainability Recognition XL award recognizes the eco-conscious design of Samsung’s ISE 2025 booth.

ISE 2025 illustrated how quickly digital signage is evolving. Samsung is revolutionizing the industry with energy-efficient, AI-driven innovations — setting new standards with its award-winning lineups at ISE 2025 and beyond.

1 The power measurement is based on IEC62301 standards from the International Electrotechnical Commission. According to the standards, the average power below 0.005W is indicated as 0.00W.2 Samsung Color E-Paper mobile app supports Android 10 and above, and iOS 15 and above. Availability may vary by device, software version and region.

MIL OSI Economics –

February 18, 2025

MIL-OSI: Dimensional Fund Advisors Ltd. : Form 8.3 – ASSURA PLC – Ordinary Shares

Source: GlobeNewswire (MIL-OSI)

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

KEY INFORMATION

(a)

Full name of discloser:

Dimensional Fund Advisors Ltd. in its capacity as investment advisor and on behalf its affiliates who are also investment advisors (”Dimensional”). Dimensional expressly disclaims beneficial ownership of the shares described in this form 8.3.

(b)

Owner or controller of interests and short positions disclosed, if different from 1(a):
The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.

(c)

Name of offeror/offeree in relation to whose relevant securities this form relates:
Use a separate form for each offeror/offeree

Assura PLC

(d)

If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:

(e)

Date position held/dealing undertaken:
For an opening position disclosure, state the latest practicable date prior to the disclosure

14 February 2025

(f)

In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
If it is a cash offer or possible cash offer, state “N/A”

N/a

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)

Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:

10p ordinary (GB00BVGBWW93)

Interests

Short Positions

Number

(1)

Relevant securities owned and/or controlled:

35,984,284

1.11 %

(2)

Cash-settled derivatives:

(3)

Stock-settled derivatives (including options) and agreements to purchase/sell:

Total

35,984,284 *

1.11 %

* Dimensional Fund Advisors LP and/or its affiliates do not have discretion regarding voting decisions in respect of 133,926 shares that are included in the total above.

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)

Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:

Details, including nature of the rights concerned and relevant percentages:

DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

The currency of all prices and other monetary amounts should be stated.

(a)

Purchases and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

(b)

Cash-settled derivative transactions

Class of relevant security

Product description e.g. CFD

Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii)

Exercise

Class of relevant security

Product description e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing e.g. subscription, conversion

Details

Price per unit (if applicable)

OTHER INFORMATION

(a)

Indemnity and other dealing arrangements

None

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state “none”

None

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

Date of disclosure

17 February 2025

Contact name

Thomas Hone

Telephone number

+44 20 3033 3419

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

The MIL Network –

February 17, 2025

MIL-OSI: Holiverse Brings Space History to a Global Audience with Lunar Constitution Mission

Source: GlobeNewswire (MIL-OSI)

DUBAI, UAE, Feb. 17, 2025 (GLOBE NEWSWIRE) — Space enthusiasts from around the world gathered virtually to witness a groundbreaking moment in space history, as Holiverse live-streamed a special event from the Kennedy Space Center, on Feb 8. The event celebrated a unique mission that sent a digital copy of the U.S. Constitution to the Moon by NASA, highlighting the role of private technology companies in expanding public engagement with space exploration. By leveraging its cutting-edge digital platform, Holiverse transformed this historic mission into an interactive global experience, allowing audiences to participate in real-time discussions with leading scientists and industry experts.

The mission itself took flight on January 15, 2025, when a SpaceX Falcon 9 rocket launched from Cape Canaveral, Florida, carrying Firefly Aerospace’s Blue Ghost lunar lander. The digital document, now in lunar orbit, represents a step toward preserving human heritage beyond Earth. In addition to broadcasting this milestone, Holiverse announced plans to document the next phase of the project—a future mission that will place a physical copy of the U.S. Constitution on the Moon, housed in a specially designed container to endure the harsh lunar environment for millions of years.

Just weeks after this milestone, a special dinner event was held at the Kennedy Space Center to highlight the mission’s significance and unveil the next phase of the project. With Holiverse providing an immersive broadcast experience, audiences worldwide had a front-row seat to discussions led by leading scientists, astronauts, and industry experts. The event also featured the presentation of a physical copy of the U.S. Constitution, which is planned for a future lunar mission. Unlike the digital version already in orbit, this tangible document will be housed in a specially designed container capable of withstanding the Moon’s harsh environment for millions of years.

Holiverse’s broadcast transformed the exclusive NASA gathering into a global experience, removing physical barriers to participation and making space exploration more accessible than ever. The platform’s high-quality visuals and expert production ensured that remote viewers could fully engage with the event, absorbing insights from key speakers and learning about upcoming missions. Holiverse’s commitment to interactivity was a defining feature of the broadcast, allowing virtual attendees to ask questions, participate in discussions, and share their thoughts in real time. This approach fostered a sense of inclusion, giving audiences the opportunity to not only witness history but also engage with the conversation surrounding it.

For many viewers, the event served as both an educational opportunity and a moment of inspiration. Families gathered at home to watch the broadcast, students followed along with curiosity, and space enthusiasts around the world united in celebration of a historic achievement. The success of this virtual event underscores a broader trend – digital experiences can be just as impactful as physical ones, and in many ways, they are even more accessible. Holiverse, already a leader in the digital event industry, has proven this by producing interactive broadcasts for business summits, scientific conferences, film festivals, and now, groundbreaking space missions.

Beyond the spectacle of the event itself, the broader implications of this mission highlight the evolving role of technology in cultural preservation and space exploration. The decision to send a copy of the U.S. Constitution to the Moon is not just symbolic – it reflects a growing recognition of the need to safeguard humanity’s intellectual and historical achievements in a rapidly advancing technological landscape. As nations and private enterprises expand their reach beyond Earth, the question of how to preserve cultural heritage in space is becoming increasingly relevant. Holiverse continues to explore new ways to make such historical moments accessible and meaningful to people worldwide.

A physical copy of the Constitution is planned to be delivered to the Moon in the near future. The document, designed to withstand the extreme conditions of space, will serve as a lasting artifact for future explorers who may one day set foot on the lunar surface. This initiative is part of a broader movement toward preserving historical documents and cultural artifacts beyond Earth, ensuring that humanity’s legacy endures even as civilization expands into the cosmos.

Holiverse has already committed to broadcasting this next chapter of the mission, continuing its role in bringing groundbreaking scientific events to a global audience. The company’s dedication to innovation in digital experiences has positioned it as a key player in the intersection of technology, education, and public engagement. As Holiverse looks ahead, it is preparing to launch a new philanthropic initiative through its platform, focusing on education, healthcare, and improving quality of life in developing countries. This commitment to social impact underscores the company’s belief that technology should not only connect people to historic moments but also contribute to a better future.

This event demonstrates how modern digital platforms can revolutionize public access to space exploration. By streaming exclusive events like the Kennedy Space Center dinner, Holiverse has allowed thousands of people around the world to become active participants in the unfolding story of humanity’s journey beyond Earth. This mission is more than just a technical achievement – it is a testament to the power of collaboration, innovation, and the enduring significance of our shared cultural heritage.

As the next phase of this historic mission approaches, one thing is clear: the future of space exploration is not limited to astronauts and scientists alone.

About Holiverse

Holiverse is developing a metaverse that integrates various products, business strategies, and game mechanics. Metaverse is your starting point in the journey through the Holiverse ecosystem. Through digital technology, anyone with an internet connection can witness history, engage with experts, and be part of humanity’s next great adventure. And with Holiverse leading the way, the boundaries between physical and virtual experiences continue to blur – bringing the wonders of space closer to us all. Know more, please contact us on X or Telegra, or visit our office at Sheikh Mohammed Bin Rashid Blvd, Dubai, UAE.

Social Links

X: https://x.com/Holiverse_

Telegram: https://t.me/holiverse_support

Media Contact

Brand: Holiverse

Contact: Media team

Email: PR@holiverse.ai

Website: https://holiverse.ai/

The MIL Network –

February 17, 2025
MIL-OSI: DDB Miner Launches New Cloud Mining Contracts, Allowing Users to Earn Up to $5,950 Daily with XRP
Source: GlobeNewswire (MIL-OSI)

BIRMINGHAM, United Kingdom, Feb. 17, 2025 (GLOBE NEWSWIRE) — DDB Miner, a leader in renewable energy-powered cloud mining, has announced the launch of new mining contracts that enable users to start mining Bitcoin using Ripple (XRP) and other cryptocurrencies. With an innovative approach to passive income, DDB Miner now provides an accessible and eco-friendly way for individuals to generate daily earnings of up to $5,950 without requiring complex setups or technical expertise.

The Future of Cloud Mining with Renewable Energy

DDB Miner leverages renewable energy sources such as solar and wind to power its mining farms, significantly reducing operational costs and environmental impact. This model not only ensures sustainable profitability but also integrates surplus energy into the grid, contributing to a greener future.

New Cloud Mining Contracts – Higher Profits, Zero Hassle

The newly introduced cloud mining contracts cater to both beginners and experienced investors. With flexible investment options, users can choose from different contract tiers starting as low as $100, making cryptocurrency mining more accessible than ever. Some of the standout features include:
- $12 instant bonus upon registration. (click to register in one click).
- Daily payouts with high profitability.
- No additional service fees or administrative charges.
- Support for multiple cryptocurrencies, including BTC, ETH, XRP, USDT, and more.
- Affiliate program with bonuses up to $22,000 for referrals.
- Guaranteed 100% uptime and 24/7 customer support.
How to Get Started
1. Sign Up: Create an account on the DDB Miner platform in minutes.
2. Choose a Mining Contract: Select from different investment plans based on your budget and earning goals.
3. Start Mining & Earn Daily: Watch your earnings grow with passive income payouts starting the next day.
For example, users who invest $5,000 in an advanced computing power contract can earn $75 per day, totaling $7,250 in 30 days (including the initial investment).

Exclusive XRP Mining Opportunity

DDB Miner’s latest update introduces a Ripple (XRP)-based mining model, allowing users to start Bitcoin mining directly with XRP. This opens a new avenue for XRP holders looking to diversify their income streams and maximize returns.

Join the Passive Income Revolution

With over 9 million users worldwide and 100+ mining farms, DDB Miner continues to lead the cloud mining industry with cutting-edge technology and sustainable energy practices. The platform’s latest offerings provide an effortless way to build crypto wealth, making mining accessible to everyone.

If you want to learn more about DDB Miner, please visit its official website:https://ddbminer.com/

or from Google Play or Apple Store Download our mobile app.

Media Contact:
Katerina Audrey
DDB Miner Media Relations
Email: info@ddbminer.com

Disclaimer: This press release is provided by “DDB Miner”. The statements, views, and opinions expressed in this content are solely those of the sponsor and do not necessarily reflect the views of this media platform. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered as financial, investment, or trading advice. Investing in cloud mining and related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/492aa884-73ef-4dd8-bd73-feebcd14dcc3

https://www.globenewswire.com/NewsRoom/AttachmentNg/8dc6f59c-9c07-4245-a43d-2a12b9dcb2ec

https://www.globenewswire.com/NewsRoom/AttachmentNg/dca9463a-616b-4336-9bd6-f17341e9d04f

The MIL Network –
February 17, 2025
MIL-OSI: Baltic Horizon Fund publishes its NAV for January 2025

Source: GlobeNewswire (MIL-OSI)

The net asset value (NAV) per unit of the Baltic Horizon Fund (the Fund) slightly increased to EUR 0.6834 at the end of January 2025 (0.6833 as of 31 December 2024). The month-end total net asset value of the Fund was EUR 98.1 million (EUR 98.1 million as of 31 December 2024). The EPRA NRV as of 31 January 2025 stood at EUR 0.7266 per unit.

In January 2025, the consolidated net rental income of the Fund increased to EUR 1.0 million (EUR 0.9 million in December 2024).

At the end of January 2025, the Fund’s consolidated cash and cash equivalents amounted to EUR 8.8 million (31 December 2024: EUR 10.1 million). Cash decreased mostly due to investments in tenant fit-outs of approx. EUR 0.9 million.

As of 31 January 2025, the total consolidated assets of the Fund were EUR 255.4 million (31 December 2024: EUR 256.0 million).

For additional information, please contact:

Tarmo Karotam
Baltic Horizon Fund manager
E-mail tarmo.karotam@nh-cap.com
www.baltichorizon.com

The Fund is a registered contractual public closed-end real estate fund that is managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS.

Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, www.baltichorizon.com

To receive Nasdaq announcements and news from Baltic Horizon Fund about its projects, plans and more, register on www.baltichorizon.com. You can also follow Baltic Horizon Fund on www.baltichorizon.com and on LinkedIn, Facebook, X and YouTube.

The MIL Network –

February 17, 2025
MIL-OSI Russia: With the support of Rosneft, a festival of indigenous peoples’ culture was held in the Tyumen region

Translartion. Region: Russians Fedetion –

Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

With the support of RN-Uvatneftegaz (part of the Rosneft oil production complex), a festival of the culture of the indigenous peoples of the North, “The Wealth of the Uvat Taiga,” was held in the regional center of Uvat.

The festival was held for the third time. Every year it attracts more and more participants and this year it was the most numerous – about 1,500 guests from all taiga settlements of the Uvatsky district visited it. The winter festival originated as a fair of folk crafts, but with the support of oil workers it acquired the format of a cultural festival.

The cultural program of the festival included national vocal and dance performances. Guests of the festival took part in master classes on making national Khanty amulets and dolls, painting plates with traditional northern ornaments with images of animal symbols of the Uvatsky district. The building of the district House of Culture housed an exhibition of paintings “Beliefs of the Khanty People”.

During the sports program, the participants competed in national sports – throwing a tynzyan on a khorey (a lasso on a pole used to drive deer), archery, jumping over sleds, pulling a stick, etc. The sports and hunting tournament, a competition for agility in overcoming an obstacle course, was especially spectacular. An entertainment and development program was organized for the young guests.

The fair stalls offered traditional crafts to the guests of the festival: fresh-frozen and smoked fish, meat, berries, pine nuts, fur and bead products. In addition, visitors could try national cuisine: northern fish soup and tea made from taiga herbs and berries.

Preservation of the national culture of the indigenous peoples of the North and their traditional way of life is one of the significant areas of Rosneft’s social policy. The Company’s enterprises implement many social projects in the regions of their operations, develop the infrastructure of northern villages, help reindeer herder families, improve the material and technical base of educational institutions, social and medical facilities in the areas of original residence of indigenous peoples.

RN-Uvatneftegaz supports representatives of the Khanty, Mansi and Evenki of the Tyumen Region. Oil workers together with the administration of the Uvatsky municipal district presented the indigenous people with equipment for traditional trades – snowmobiles, boat motors, gasoline generators of electricity, as well as motor oil from Rosneft for engines. In total, in recent years, the company has handed over more than 160 units of equipment to Khanty families.

The company also provides access to winter roads and ice crossings, which it builds for production needs, and organizes fuel supplies at the deposits closest to the camps.

In addition, with the participation of RN-Uvatneftegaz, the ethnographic cultural center “Uvas Mir Khot” has been created and is developing in the vicinity of Tyumen, which in translation from Khanty means “House of Northern People”. National ritual holidays, cultural events, concerts, interactive excursions, lessons in local history and native language, and master classes are held on the territory of the center all year round.

Reference:

RN-Uvatneftegaz, a subsidiary of Rosneft, is exploring and developing a group of fields located in the Uvatsky District of the Tyumen Region. The Uvatsky project includes 19 licensed areas with a total area of over 25 thousand km2.

Department of Information and Advertising of PJSC NK Rosneft February 17, 2025

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

MIL OSI Russia News –

February 17, 2025

Category: Business

Congratulations to Magtec

Andy Sloan, Engineering Director at Magtec said:

The SDA Supplier Management Team said:

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