Zenas BioPharma Appoints Patricia Allen to its Board of Directors

WALTHAM, Mass., March 06, 2024 (GLOBE NEWSWIRE) — Zenas BioPharma, a global biopharmaceutical company committed to becoming a leader in the development and commercialization of inflammation and immunology-directed therapies, today announced the appointment of Patricia Allen to its Board of Directors, on which she also will serve as Chairperson of the Audit Committee. Ms. Allen joins the Zenas Board of Directors with over 20 years of experience leading finance, investor relations, business development, human resources, operations and IT at global public and private biotechnology companies.

“We are pleased to welcome Patty to our Board of Directors,” said Lonnie Moulder, Founder and Chief Executive Officer of Zenas BioPharma. “She has successfully led cross-organizational functions and served on the board of directors of both private and public global biotechnology companies. We look forward to Patty’s contributions to the next phase of Zenas’ growth as we advance our mission to develop and commercialize transformative immunology-based therapies for patients in need.”

“I look forward to collaborating with the experienced Zenas team and Board of Directors, who are building a leading of inflammation and immunology-focused global biopharmaceutical company through disciplined pipeline execution and business development,” said Ms. Allen. “This is an exciting time for Zenas as they seek to progress multiple programs through the clinic to ultimately improve the lives of those living with autoimmune diseases.”

Ms. Allen most recently served as the Chief Financial Officer at Vividion Therapeutics, from where she recently retired. While at Vividion, she co-led led fundraising and the company’s acquisition by Bayer AG, as the company grew and advanced multiple programs towards the clinic. She currently serves on the board of directors and as chair of the audit committee of Deciphera Pharmaceuticals, SwanBio Therapeutics and Anokion, in addition to holding past board member and audit committee chair roles at Inversago Pharma and Yumanity Therapeutics.

Prior to Vividion, Ms. Allen was the Chief Financial Officer at Zafgen, Inc. (now Larimer Therapeutics). Earlier, she was Vice President of Finance and Treasurer, Principal Financial Officer of Alnylam Pharmaceuticals, Inc.; Director of Finance at Alkermes, Inc.; and Auditor at Deloitte & Touche, LLP. She received a B.S. in Business Administration from Bryant College.

About Zenas BioPharma

Zenas BioPharma is a global biopharmaceutical company committed to becoming a leader in the development and commercialization of inflammation and immunology-directed therapies for patients in need around the world. With clinical development capabilities and operations globally, Zenas is advancing a portfolio of potentially differentiated autoimmune therapeutics in areas of high unmet medical need. We leverage the experience and capabilities of our executive management team and our established networks throughout the biopharmaceutical industry as we seek to develop therapies that can improve the lives of those facing autoimmune and rare diseases. For more information about Zenas BioPharma, please visit www.zenasbio.com and follow us on X (formerly Twitter) at @ZenasBioPharma and LinkedIn.

Investor and Media Contact:
Argot Partners
Zenas@argotpartners.com

GlobeNewswire Distribution ID 9058707

CallTower Breaks New Ground: Operator Connect for Microsoft Teams Telephony Solution Now Unleashed Across EMEA

CallTower Sets the Stage for Revolutionary Growth in European Markets as an Elite Operator Connect Provider

SALT LAKE CITY, UT, ROCHESTER, NY, BOSTON, MA, March 05, 2024 (GLOBE NEWSWIRE) — CallTower, a global pioneer in providing advanced cloud-based solutions for unified communications, contact centers, and collaboration, proudly announces the expansion of its Operator Connect for Microsoft Teams service to the EMEA region. Since becoming one of the select providers for Operator Connect in September 2021, CallTower has continued to extend its reach. Today marks a significant milestone as they broaden their services to include Austria, Belgium, Denmark, Finland, France, Germany, Hungary, Ireland, Italy, Luxembourg, the Netherlands, Norway, Poland, Portugal, Spain, Sweden, and Switzerland. This expansion builds on their established presence in the US, Canada, and the UK, further solidifying CallTower’s commitment to enhancing global communications.

CallTower is at the forefront of revolutionizing communication solutions for businesses across the EMEA region in local currencies (including the euro, the UK pound sterling and others) through the enablement of Operator Connect for Microsoft Teams. This innovative service transforms the way organizations connect by delivering PSTN voice access directly within Teams, significantly enhancing the customer experience. Operator Connect not only simplifies the integration between networks but also streamlines the provisioning and management of users. This leads to improved support models that elevate the overall quality of service. Since 2018, CallTower has been providing Microsoft Teams Voice to users in EMEA and over 70 countries globally.

CallTower’s Operator Connect for MS Teams allows for the extension of PSTN voice services to regions that are not covered by Microsoft Calling Plans. This capability is crucial for businesses aiming to maintain a global presence, providing them with a competitive edge in today’s fast-paced market. By leveraging CallTower’s expertise and support, companies can ensure a robust and reliable communication framework, essential for thriving in the digital era. This functionality enables them to effortlessly connect calling services, acquire phone numbers, and assign these components to users, ensuring a smooth operational flow. CallTower stands out by offering technical support and managing the voice network and infrastructure, relieving businesses from the complexities of these tasks.

CallTower enhances Operator Connect for Microsoft Teams, effectively addressing essential communication needs through a comprehensive suite of business integrations. This includes advanced SMS/MMS texting features, stringent compliance recording, crucial emergency services where available, and reliable one-click failover capabilities. Moreover, CallTower provides a range of innovative contact center solutions among other services, enabling businesses to significantly improve their communication frameworks.

“CallTower is thrilled to deliver on our promise of catering to customers in EMEA,” announced CallTower’s Chief Revenue Officer, William Rubio. “The launch of Operator Connect for Microsoft Teams marks the pinnacle of this commitment. It revolutionizes how our customers connect, offering a seamless transition and effortless implementation, all while broadening our coverage. By voice-enabling Teams through CallTower’s Global Network, we’re not just supporting our European clients; we’re empowering them. We provide a variety of options tailored to meet the diverse needs of their workforce, ensuring every user has exactly what they need to excel.” 

CallTower has strategically positioned itself as a leader in communication solutions by developing CallTower Connect, an innovative provisioning tool designed to streamline and simplify the management of its services. This proprietary portal is a testament to CallTower’s commitment to empowering businesses with the ability to effortlessly customize and control their communication platforms.

Through CallTower Connect, users gain access to a user-friendly interface that enables quick and efficient provisioning of a wide array of CallTower services. This includes seamless provisioning of CallTower’s Microsoft solutions, including Operator Connect, Direct Routing, GCC High Direct Routing, and Microsoft 365, among other vital communication tools. The simplicity and efficiency of CallTower Connect means that businesses can rapidly adapt their communication strategies to meet evolving needs without the need for extensive technical knowledge or support.

About CallTower

Since its inception in 2002, CallTower has evolved into a global cloud-based, enterprise-class cloud communications (unified communications, contact center and collaboration) solutions provider for growing organizations worldwide. CallTower provides, integrates and supports industry-leading solutions, including Operator Connect for Microsoft® Teams, MS Teams Direct Routing, GCC High Teams Direct Routing, Microsoft® 365, Cisco® Webex Calling / UCM, Cisco® CCP, Zoom Phone, Zoom (BYOB) and four contact center options, including Five9 for business customers.

For more information contact marketing@calltower.com

Kade Herbert
CallTower, Inc.
8003475444
marketing@calltower.com

GlobeNewswire Distribution ID 9056536

Vital Voices Kicks Off Women’s History Month with an Interactive Art Exhibit at the United Nations and our 17th Annual Global Mentoring Walks

Media are invited to capture stories of change and inspiration

NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) — In celebration of Women’s History Month, Vital Voices Global Partnership, an organization dedicated to empowering women leaders worldwide, announces two initiatives aimed at honoring and inspiring women across the globe.

March 1 – 22 – Vital Voices and UN Partnerships Art Exhibit at United Nations Headquarters
With support from the UN Office of Partnerships, the Portraits of Progress: Women Powering the Global Goals exhibit underscores the need to invest more deeply in women change makers who are key to solving the world’s greatest challenges. This interactive storytelling exhibition inside the U.N. Visitor’s Gallery is on display through March 22. It features portraits and first-person recordings of women leaders from around the world who are driving creative solutions that collectively advance 17 Sustainable Development Goals (SDGs). Each woman profiled in the exhibit is tackling one of the 17 Global Goals. Alongside each portrait, visitors can scan a QR code to listen to a message from the featured leader, who shares more about how she is addressing her particular Goal.

“Our aim with this project is to spotlight the critical role of women leaders worldwide in achieving global progress through the SDGs,” said Vital Voices President & CEO Alyse Nelson. “Because women and girls are disproportionately impacted by pressing issues such as climate change, conflict, and inequality, their perspective and ideas are invaluable. Women leaders consistently bring forward unique and inclusive solutions that benefit entire communities, countries, and our shared planet. As world leaders consider how to close current gaps in targets for the Global Goals, we believe that greater investments in women’s proven, innovative solutions will be pivotal to progress.”

The women featured in the portraits are:

  • Goal 1 – No Poverty: Zeinorin Angkang, founder at Hill Wild
  • Goal 2 – Zero Hunger: Nora Jeanne Joseph, founder & CEO at RADIKAL
  • Goal 3 – Good Health & Well-Being: Dr. Yetunde Ayo-Oyalowo, public health physician and founder at Market Doctors
  • Goal 4 – Quality Education: Zoya Lytvyn, founder of Novopecherska School and Osvitoria NGO
  • Goal 5 – Gender Equality: Hellen Lunkuse, founder & executive director of Rape Hurts Foundation
  • Goal 6 – Clean Water & Sanitation: Christelle Kwizera, founder and managing director of Water Access Rwanda
  • Goal 7 – Affordable & Clean Energy: Inna Braverman, co-founder and CEO at Eco Wave Power
  • Goal 8 – Decent Work & Economic Growth: Aline Sara, co-founder & CEO at NaTakallam
  • Goal 9 – Industry, Innovation & Infrastructure: Sarah El Battouty, founder of ECOnsult
  • Goal 10 – Reduce Inequalities: Sara Minkara, Special Advisor on International Disability Rights at the U.S. Department of State
  • Goal 11 – Sustainable Cities & Communities: Michelle Hong, co-founder & COO at Rooftop Republic Urban Farming
  • Goal 12 – Responsible Production & Consumption: Leah Lizarondo, founder of Food rescue Hero and co-founder of 412 Food Rescue
  • Goal 13 – Climate Action: Helena Gualinga, environmental and human rights activist from the Kichwa Sarayaku community
  • Goal 14 – Life Below Water: Lakshmi Menon, Head of Impact at CleanHub
  • Goal 15 – Life on Land: Petronella Chigumbura, ranger and assistant instructor sergeant at Akashinga
  • Goal 16 – Peace, Justice & Strong Institutions: Shirin Musa, founder & director at Femmes for Freedom
  • Goal 17 – Partnerships for the Goals: Group Portrait

Nearly a dozen of the women featured were present for the unveiling. The artwork was created by three women artists: Gayle Kabaker, Stef Wong, and Erin K. Robinson. (Click here to view and download photos from the opening featuring global women leaders featured in the portraits.)

Saturday, March 2 – Vital Voices Global Mentoring Walks in NYC with DVF
Join influential women leaders at the High Line in New York City for the 17th Global Vital Voices Global Mentoring Walks. Led by luminaries such as DVF Founder & Co-Chairwoman Diane von Furstenberg, along with Vital Voices Co-Founder, President & CEO Alyse Nelson, this event brings together established and emerging women leaders from various fields for a one-mile walk. Participants will engage in insightful discussions on career growth, work-life balance, career transitions, and conflict resolution – all in the spirit of global community and mentorship.

More than 200 women from New York City will join the walk as mentors and mentees under this year’s theme of “Inspire Inclusion,” recognizing that impact stems from inclusion. This event serves as a prelude to International Women’s Day on March 8, fostering mentorship and camaraderie among women leaders.

Simultaneously, thousands of women across hundreds of cities worldwide will participate in mentoring walks, advocating for equality, and celebrating the power of mentorship. With over 135 walks planned in 43 countries for the 2024 Vital Voices Global Mentoring Walks leading up to International Women’s Day, this event marks a global movement toward gender parity and empowerment.

To learn more about this event and Global Mentoring Walks happening all around the world, click here.

For media inquiries or further information about these events, please contact: media@vitalvoices.org

About Vital Voices Global Partnership
Vital Voices Global Partnership was cofounded in 1997 by Secretary Hillary Rodham Clinton and the late Secretary Madeleine Albright. Now celebrating 26 years, Vital Voices has directly invested in more than 20,000 women leaders across 185 countries and territories since its inception. Driven by the universal truth that women are the key to progress in their communities and nations cannot move forward without women in leadership positions, Vital Voices has provided early support for leaders who went on to become Nobel Peace Prize Laureates, U.S. Youth Poet Laureates, prime ministers, award-winning innovators, pioneering human rights defenders, and breakthrough social entrepreneurs, including Amanda Gorman and Malala Yousafzai. To advance and expand this work, in 2022 Vital Voices opened the doors to the world’s first global embassy for women, the Vital Voices Global Headquarters for Women’s Leadership. It is a first-of-its-kind space that allows for convening, innovation, planning, and action—all in the pursuit of serving women leaders who are taking on the world’s greatest challenges.

Attachments

Vital Voices Global Partnership
media@vitalvoices.org

GlobeNewswire Distribution ID 9056473

St Kitts and Nevis unveils the Investment Gateway Summit

Basseterre, Feb. 29, 2024 (GLOBE NEWSWIRE) — The Government of St Kitts and Nevis proudly announces a landmark achievement in its ongoing commitment to realising the Sustainable Island State Agenda. In a ground-breaking move, the nation unveils an unprecedented initiative aimed at fostering collaboration and investment to propel the twin-federation into a prosperous future.

This pivotal moment not only signifies a significant stride towards sustainability but also underscores the Government’s visionary approach to uniting its global citizens. In an extraordinary display of inclusivity, St Kitts and Nevis extends its arms to every citizen worldwide, ushering them to partake in shaping the nation’s trajectory.

The Government will host their inaugural event, “The Investment Gateway Summit” in May, marking a historical moment in the country’s journey towards fulfilling the Sustainable Island State Agenda. This momentous event presents an unparalleled opportunity to collaborate and invest in shaping the future of the twin-federation.

It’s a personal invitation from the Prime Minister of St Kitts and Nevis, Honourable Dr. Terrance Drew, and his Government to engage citizens and investors to come to the country for this exclusive inaugural Investment Gateway Summit taking place from 11 to 15 May 2024!

Through this forward-thinking endeavour, the Government unites individuals under a common banner – that of being a proud citizen of St Kitts and Nevis, while fostering opportunities for success as entrepreneurs, investors, and innovators.

Each day of the five-day Summit promises unique events and interactions with the leaders of the country and global experts to ensure an engaging and interactive experience in the twin-island federation.

Who will attend the Summit? 

This Summit is all about the St Kitts and Nevis citizens. The event also promises a mix of discerning investors, and high-net-worth individuals (HNWIs) seeking prospects; prospective Citizenship by Investment (CBI) applicants and entrepreneurs, CEOs and C-Suite businesspeople and the wider investor immigration community.

Why is this Summit not to be missed? 

This is an opportunity to connect with like-minded global citizens, investors, HNWIs and special guests, as well as identify potential new business opportunities in the idyllic twin-island federation. This unique platform will unlock new ventures for growth throughout various sectors of the country’s economy, including agriculture, information technology, renewable energy and tourism.

From diverse panel discussions and networking opportunities to exclusive investment highlights and site visits, the Summit is crafted to connect, collaborate and celebrate the country and its global citizens.

Investment Opportunities in St Kitts and Nevis 

To showcase St Kitts and Nevis’ commitment to the Sustainable Island State Agenda, the Summit will highlight initiatives that global investors can participate in to nurture community development, empower businesses and foster growth and development.

The Government of St Kitts and Nevis together with the Citizenship by Investment Unit (CIU) look forward to hosting this riveting event and opening their nation‘s doors to explore the twin federation’s active investment projects, spectacular beaches, distinct tourism amenities and luxury accommodation.

Please click here to secure your exclusive spot at the Investment Gateway Summit.

This is not just a unique investment opportunity in a tropical Caribbean country, it is a meeting of minds to form meaningful connections, through engaging workshops and insightful panel discussions. Additionally, the Government aims to build strong communities with shared values of excellence.

Get Involved 

Should you like to promote your brand, business services or enquire about sponsorship opportunities, you can leave your comment here with your interest in the contact form, and you will receive a response with available packages.

Attachment

Secretary of St Kitts and Nevis Citizenship by Investment Programme
Government of St. Kitts and Nevis
00 (1-869) 467-1474
communications@skn-ciu.com

GlobeNewswire Distribution ID 9055739

WadzPay’s Dubai entity receives Virtual Asset Service Provider (VASP) Licence from Dubai’s Virtual Assets Regulatory Authority

Issuance of licence is subject to meeting pre-operating requirements and qualifications for operational approval

WadzPay’s Dubai Entity Receives VASP Licence from VARA

WadzPay’s Dubai Entity Granted VASP Licence. Poised to Revolutionize Virtual Asset Transactions in Middle East.

DUBAI, United Arab Emirates, Feb. 28, 2024 (GLOBE NEWSWIRE) — WPME Technology, the Dubai-based entity of WadzPay, a leading fintech company specialising in blockchain based technology for virtual assets announced that it has been granted a Virtual Assets Service Provider (VASP) Licence for Virtual Asset Broker-Dealer service activities by Dubai’s Virtual Assets Regulatory Authority (VARA). The licence remains non-operational until the company fully satisfies all remaining conditions and select localisation requirements defined by VARA, following which it will be able to commence operations, subject to regulatory reverification and approval.

As one of the pioneers in blockchain based virtual assets technology, WadzPay is excited to deliver its innovative and industry-leading solutions to customers across Middle East while working closely with regulators in contributing to build a compliant and robust fintech ecosystem.

Mr. Anish Jain, Founder & CEO, WadzPay stated, “This licence showcases WadzPay’s dedication in promoting innovation in the field of virtual assets domain and blockchain technology bringing us a step closer to delivering world class solutions to businesses in Middle East.”

WadzPay aims to revolutionize the way people in the Middle East transact and manage virtual assets. WadzPay’s commitment to compliance ensures that financial institutions and their customers can confidently embrace the benefits of blockchain technology while adhering to regulatory standards, ultimately contributing to the growth and sustainability of the fintech ecosystem in the Middle East.

Mr. Ram Chari, Board Member and Group Director, WadzPay quoted, “This will further solidify WadzPay’s position as a trusted and reliable blockchain technology based financial service provider in the region. With the broker-dealer services, WadzPay will provide the technology to its clients to enhance the experience of their customers by enabling virtual assets transactions in a seamless and secure manner.”

To which Mr. Khaled Moharem, President – MENA & Europe at WadzPay, emphasized, “This cements our hard work and sets the stage for transformative blockchain solutions, promoting compliance and customer confidence in the Virtual Assets Industry.”

About WadzPay:

WadzPay was founded in 2018 in Singapore with a commitment to drive financial inclusion and revolutionise the virtual asset landscape. It is a leading global blockchain-based technology provider for virtual assets. The company’s innovative platform available as a SaaS offering provides secure, efficient, and transparent technology solutions, catering to businesses (B2B) and consumers (B2B2C). WadzPay works with large international companies, banks, and fintechs to enable virtual asset-based transaction processing, custody, and settlement. It operates across geographies spanning Asia Pacific, the Middle East, Africa, Europe, and the Americas.

For more information, visit www.wadzpay.com

About VARA:

Established in March 2022, following the effect of Law No.4 of 2022, VARA is the competent entity in charge of regulating, supervising, and overseeing VAs and VA Activities in all zones across the Emirate of Dubai, including Special Development Zones and Free Zones but excluding the Dubai International Financial Centre. VARA plays a central role in creating Dubai’s advanced legal framework to protect investors and establish international standards for Virtual Asset industry governance, while supporting the vision for a borderless economy.

For more information visit: www.vara.ae

For any media enquiries please contact:

Arijit Das

PR and Communications Manager

arijit.das@wadzpay.com

+91 9654930523

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/58f14eb8-1029-4e43-988c-02833036e716

GlobeNewswire Distribution ID 9053953

Open Society Foundations’ Soros Economic Development Fund Commits $25 Million to Allied Climate Partners’ Climate Finance Partnership

New York, Feb. 27, 2024 (GLOBE NEWSWIRE) — The Soros Economic Development Fund (SEDF), the impact investment arm of the Open Society Foundations, is committing $25 million to Allied Climate Partners (ACP)—a new and innovative public-private partnership focused on increasing the number of bankable climate projects in emerging markets and developing economies around the world.

ACP aims to address a critical financing gap at the early, risk-oriented stages of the development process. Without this support, many projects and businesses struggle to attract the necessary capital to achieve their climate-related goals. While early-stage project development represents the smallest portion of the overall funding needed for a project (approximately 5 percent), relatively few early-stage projects get financed due to risk. Even though 5 percent of the capital can unlock 95 percent, this early-stage capital is the hardest to raise for critical activities like technical and environmental assessments, modeling, permitting, and land acquisition.

Using funds from SEDF and other philanthropic investors, ACP will anchor a number of regional funds in Southeast Asia, Africa, Latin America and the Caribbean, and India with $235 million first-loss junior equity. These regional funds will in turn seek to raise an additional $600+ million in senior equity from multilateral development banks (MDBs), development finance institutions (DFIs), and private investors.

ACP has strategic partnerships with a number of leading MDBs and DFIs, including the International Finance Corporation (IFC), a member of the World Bank Group, U.S. International Development Finance Corporation (DFC), British International Investment (BII), the U.K.’s DFI and impact investor, the African Development Bank (AfDB), Proparco, a subsidiary of Agence Française de Développement Group, FMO, the Dutch Entrepreneurial Development Bank, and IDB Invest, a member of the Inter-American Development Bank Group.

Philanthropic investments in ACP are expected to mobilize a significant level of third-party capital into regional investment managers and climate-related projects—potentially as much as $11 billion in additional investment.

SEDF has partnered with the Three Cairns Group, Bezos Earth Fund, Sea Change Foundation International, and several other philanthropic and investment partners in making this commitment.

Georgia Levenson Keohane, CEO of the Soros Economic Development Fund, said: “This innovative SEDF investment builds on Open Society’s broader work to support the mobilization of development finance and commercial capital critical for financing a just climate transition in the Global South.”

ACP recently announced the anchoring of its first regional fund—the Southeast Asia Clean Energy Fund II. Managed by Clime Capital, the fund is targeting at least $135 million to invest in projects in Vietnam, Indonesia, and the Philippines—countries that account for about 75 percent of the region’s population and 60 percent of current regional greenhouse gas emissions.

Mark Malloch-Brown, president of the Open Society Foundations, said, “The scale of investment needed to drive climate transition and adaptation in Global South economies clearly goes far beyond the capacities of private philanthropic funding. We are excited about this model which seeks to use catalytic funding to remove barriers, and help kick start the broader systemic shifts the world urgently needs.”

“We urgently need innovative blended finance solutions that can operate at scale,” said Ahmed Saeed, CEO of Allied Climate Partners. “ACP welcomes SEDF’s commitment to join this exciting endeavor to leverage the power of philanthropic funding.”

Estimates of how much additional capital countries will need to invest annually to address the costs of climate transition and adaptation vary—one recent study puts the need for external capital at $1.1 trillion per annum. However, investment in transition and adaptation projects globally has been overwhelmingly focused on the industrialized economies, where project risks are lower.

About the Soros Economic Development Fund

The Soros Economic Development Fund (SEDF) is the impact investment arm of the Open Society Foundations (OSF). SEDF deploys patient, risk-tolerant and catalytic capital to advance OSF’s commitment to sustaining vibrant and inclusive democracies across the globe. Founded in 1997, SEDF has committed over $520M in debt, equity and guarantee investments into businesses, funds, platforms and nonprofits across geographies and sectors that advance the mission of the Foundations. SEDF’s current investment portfolio includes $395M in committed capital across 38 investments.

About Allied Climate Partners

Allied Climate Partners (ACP) is a philanthropic investment organization with a mission to accelerate the climate transition and improve livelihoods in emerging economies by increasing the flow of capital to bankable, climate-related projects and businesses. ACP selects regional investment managers in emerging economies and supports them with first-loss capital, expertise, and the mandate to address a critical financing gap at the early, risk-oriented stages of the development process for climate-related projects and asset-oriented businesses. Without this support, many projects and businesses struggle to attract the necessary capital to achieve their climate-related goals. By proving this model, ACP aims to induce commercially-oriented public and private sector investors to invest where they likely would not otherwise.

Communications
Open Society Foundations
(212) 548-0378
media@opensocietyfoundations.org

GlobeNewswire Distribution ID 9054231

The World’s Most Attractive Investment Migration Programs in 2024

LONDON, Feb. 27, 2024 (GLOBE NEWSWIRE) — European residence and citizenship by investment programs continue to dominate the top spots of global wealth advisory firm Henley & Partners’ annual rankings of the most sought-after investment migration programs in the world. Malta holds onto 1st place in the 2024 Global Citizenship Program Index as it has done for nine consecutive years, while the Portugal Golden Residence Permit Program retains top spot on the Global Residence Program Index.

The two indexes — featured in the 2024 edition of the Investment Migration Programs report — offer a systematic analysis and comprehensive benchmarking of the world’s most attractive residence and citizenship by investment programs, providing the gold standard in the sector. This year’s edition includes a total of 39 programs, representing the most relevant of over 100 programs worldwide. These have been appraised by a panel of independent experts, including leading academic researchers, country risk specialists, economists, independent expert immigration and citizenship lawyers, and other specialists, who consider a broad range of pertinent factors. Interactive digital comparisons of the programs are also available, enabling global investors and wealthy families to select what matters most to them when weighing up their options.

Dr. Christian H. Kaelin, international immigration and citizenship law expert and Chairman of Henley & Partners, says, “The publication is important for private clients and wealth management professionals as well as for government policy makers looking to manage investment migration programs to achieve greater fiscal autonomy and economic growth. In this era of heightened global volatility, nation states are using investment migration as an innovative financing tool to fund national or regional social and infrastructure projects as well as development initiatives that mitigate sustainability risks, to the benefit of their citizens and residents.”

Citizenship programs: Malta reigns supreme

The Global Citizenship Program Index ranks 13 programs, with the strategically-located European nation of Malta scoring 77 out of 100 and taking top honors once again. Malta’s Granting of Citizenship for Exceptional Services by Direct Investment Regulations allow for the granting of citizenship by a certificate of naturalization to foreign individuals and their families who contribute to the country’s economic development. This is possible following a 36-month residence period (or 12 months by exception). Malta’s original citizenship program was designed by Henley & Partners in 2013–2014 and went on to become one of the most successful such programs in the world.

Retaining 2nd place with a score of 74 is Austria’s premium citizenship by investment offering, which requires applicants to make a substantial contribution to the Austrian economy. Three Caribbean island nations tie in 3rd position, each scoring 70: the Antigua and Barbuda Citizenship by Investment Program, the Grenada Citizenship by Investment Program, and the St. Lucia Citizenship by Investment Program all offer attractive real estate-linked investment routes and fund options.

Residence programs: Portugal in prime position

Europe also prevails in the 2024 Global Residence Program Index, with programs on the continent occupying the Top 5 positions. The Portugal Golden Residence Permit Program ranks 1st overall out of 26 programs, with a score of 75 out of 100. Each scoring 73, the Austria Private Residence Program shares 2nd place with the Mediterranean’s rising star — the Greece Golden Visa Program, followed closely by the Swiss Residence Program on 72 — an investment option developed by Henley & Partners, which combines private residence with the Swiss forfait tax provisions.

Italy’s Residence by Investment Program is joint 4th with the UK’s Innovator Founder Visa, each scoring 71. The only Top 5 program not in Europe is the Canada Start-Up Visa Program, which scores 69 and shares the 5th spot with another European favorite that is attracting a great deal of attention, the Spain Residence by Investment Program.

Domicile diversification a top priority

Dr. Juerg Steffen, CEO of Henley & Partners, says, “Acquiring alternative residence and/or citizenship programs enables greater flexibility and participation in the world’s leading economies, as well as optionality, which is now an indispensable part of any family’s insurance policy for the 21st century. The more jurisdictions a family can access, the more diversified its assets, the lower its exposure to country-specific, regional, and global volatility, and the more sustainable it will be over the long term.”

Last year, US-Americans were the top nationality applying for alternative residence and citizenship options through Henley & Partners, and this trend has continued into the first quarter of 2024. This year is also projected to be a record-breaker in terms of millionaire migration, according to the Henley Private Wealth Migration Report, with 128,000 high-net-worth individuals forecast to move to a new country, compared to the 120,000 who did so last year, surpassing the pre-pandemic high of 110,000.

Read Full Press Release

Sarah Nicklin
Group Head of PR
sarah.nicklin@henleyglobal.com
Mobile: +27 72 464 8965

GlobeNewswire Distribution ID 1000925589

ASICS Study Confirms Positive Link Between Exercise and Women’s Mental Health, Yet Worryingly Over Half of Women Around the World Are Dropping Out or Stopping Exercise Completely

ENCOURAGINGLY, STUDY SHOWS THE IMPACT OF INDIVIDUALS AND GRASSROOTS ORGANISATIONS IN SUPPORTING MORE WOMEN TO MOVE; ASICS RECOGNISES THOSE WHO ARE MAKING A DIFFERENCE.

LONDON, Feb. 27, 2024 (GLOBE NEWSWIRE) — Largest global study ever conducted on the gender exercise gap reveals:

  • The more women move, the better they feel. Women who exercise regularly are 52% happier, 50% more energised, 48% more confident, 67% less stressed and 80% less frustrated.
  • But, over half of women are not exercising as much as they would like and missing out on the physical and mental benefits of exercise.
  • All women are facing a myriad of universal challenges and barriers to exercise, throughout their lifetime.
  • Yet, men’s perceptions of these barriers are different to the reality.
  • Encouragingly, around the world people are actively breaking barriers for women in sport; ASICS shines a light on their stories and pledges to help Move Her Mind.
Move Her Mind
Move Her Mind

Move Her Mind Key Visual

This International Women’s Day, ASICS unveils the results of the largest study ever conducted on the gender exercise gap, reaffirming the positive correlation between women’s exercise levels and their mental health, with women 52% happier, 50% more energised, 48% more confident, 67% less stressed and 80% less frustrated when exercising.

Yet, the independent research, conducted on over 25,000 people and led by renowned academics Dr Dee Dlugonski and Professor Brendon Stubbs, alarmingly found that over half of women globally are dropping out or stopping exercise completely, which is negatively impacting their state of mind. In response, ASICS is recognising and amplifying the positive impact of individuals and grassroots organisations who are breaking barriers for women in sport, to support, empower and inspire more women to move.

Worryingly, the global study revealed that over half of women are unhappy with their exercise levels. All women are experiencing barriers to exercise throughout their lifetime, from time pressures (74%) and low self-confidence (35%) to intimidating environments (44%) or not feeling sporty enough (42%). What’s more, almost two-thirds (61%) of mothers cited motherhood as the primary reason they dropped out of doing regular exercise or sport altogether, showing the impact that caregiving responsibilities and societal expectations about gender roles are having on women’s activity levels.

Interestingly, men’s perceptions of the challenges women face were different to the reality. Only 34% of men recognised lack of time as a barrier to exercise for women, despite three-quarters (74%) of women citing the issue. Instead, men thought body insecurities were the leading problem, with 58% of men reporting this as the main barrier, compared to 36% of women. In fact, of the top five barriers to exercise perceived by men, only one (costs) actually featured in the list of most common obstacles reported by women, highlighting a disparity between men’s perceptions and the daily reality felt by women around the world.

Despite this, the research found that over a third of women say their friends are their most important exercise influencers, noting that they’re more motivated to exercise by women like themselves, than celebrities. When asked why they would exercise, encouragingly women universally said for their mental (92%) and physical (96%) health rather than aesthetics.

The study lead, Dr Dee Dlugonski, Assistant Professor at Sports Medicine Research Institute, University of Kentucky said: “Our study showed that the gender exercise gap is a complex challenge which did not develop overnight. Given it has no sole cause, it will not be solved with one single solution, but when asked what could help, women noted that making movement more accessible, inclusive and recognised in all forms, while challenging society’s gendered expectations, would support them in moving more.

“This includes making exercise centred around women and their needs. From providing childcare and catering for all activity levels, to fitting around work, being fun, affordable, safe, welcoming and judgement-free. All these solutions, while small, can have a significant impact and our study uncovered thousands of individuals and organisations around the world who are already driving change.”

This includes people like Karen Guttridge, who as an older woman felt like there were no exercise opportunities locally, so she decided to set up her own running group for women over fifty. Expecting five ladies to join the first session, Karen was overwhelmed when over seventy like-minded women turned up. Offering running programmes for all exercise levels and an inviting, safe and judgement-free space for the women to connect, the group has been an overwhelming success and supported many women to move and feel confident in doing so.

ASICS wants to recognise and celebrate the incredible impact of people like Karen across communities around the world. Today, ASICS is spotlighting the remarkable individuals and organisations, who are actively dismantling barriers for women in exercise and sport. As well as the stories of those who are making a difference, the ASICS Move Her Mind platform contains resources, activities and tips to support more women to move more often.

ASICS knows there are many, many more people and organisations making a difference around the world. This International Women’s Day, ASICS is inviting people to submit their stories and experiences, so more women can be connected, supported and inspired.

Tomoko Koda, Managing Executive Officer for ASICS comments: “ASICS was founded on the belief that sport and exercise benefit the body and the mind. It’s why we’re called ASICS: ‘Anima Sana in Corpore Sano’ or ‘Sound Mind in a Sound Body’. While our study found that many women are not happy with their exercise levels, it also uncovered the tremendous impact that individuals and grassroots organisations are having in helping women to move.

“By launching Move Her Mind, we hope to give these remarkable people a platform, to connect and inspire others, so everyone can achieve a sound mind in a sound body. It’s time more women and girls experience the positive physical and mental benefits of exercise. It’s time for change. It’s time to Move Her Mind.”

Visit the Move Her Mind platform and get involved, at http://www.asics.com/us/en-us/mk/move-her-mind

Notes to Editors:
The study was commissioned by ASICS and led by Dr Dee Dlugonski, Assistant Professor at Sports Medicine Research Institute, University of Kentucky, and Associate Professor Brendon Stubbs of King’s College London. Both are renowned researchers in movement and mental wellbeing.

The study ran from June – September 2023. In total, 26 focus groups took place around the world and 24,772 people completed the online survey across more than 40 countries, making it the biggest study of its kind. All focus groups were led by independent facilitators, including leading academics and industry experts.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fe3723d9-16dc-4cb1-ad05-6561904aa4ac


For further information or to organise interviews, please contact moveeverymind@golin.com

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