St Kitts and Nevis Paves the Way for its Global Citizens to “Connect, Collaborate and Celebrate” at the Investment Gateway Summit

Basseterre, March 08, 2024 (GLOBE NEWSWIRE) — The Government of St Kitts and Nevis have ushered in a new era of investing through the “Investment Gateway Summit”, calling for its economic citizens to visit their home. Global investors and high-net-worth individuals (HWNIs) can explore endless opportunities whilst being hosted by the Government.

The Prime Minister of St Kitts and Nevis, Honourable Dr. Terrance Drew, along with his Government, extends a personal invitation to citizens and investors to attend the exclusive inaugural Investment Gateway Summit from 11 to 15 May 2024.

This significant event is an opportunity for Kittian and Nevisian citizens around the world to return home to discover how the twin-island federation is utilising economic diversification to advance developments and our citizens.

This personal invitation from Honourable Dr. Drew, is an experience not to be missed to learn about the Sustainable Island State Agenda from the Government and key speakers , while connecting and building with visionary leaders, global businesspeople, and economic citizens.

During the five-day Summit, economic citizens can engage and interact with national leaders and global experts. They can also explore the natural wonders the islands have to offer, with unique premium experiences to share with the world.

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

What to Expect from the Summit? 

As an economic citizen, this will be your opportunity to connect with like-minded individuals in various businesses and network with businesspeople.

Economic Citizens will have the opportunity to experience firsthand what initiatives St Kitts and Nevis are engaging in and the progress of each development.

Learn about St Kitts and Nevis’ economic outlook for 2024 and beyond in addition to understanding how economic diversification can inspire change. Investment-led projects in the twin-federation and how you can become part of these exciting developments will be presented.

Gain insights into the Sustainable Island State Agenda and why it is an essential element in the “Investment Gateway Summit” in May 2024.

The Sustainable Island State Agenda key focus is on seven pillars:

1. Food security

2. Green energy transition

3. Economic diversification

4. Developing the Creative Economy

5. Post-pandemic recovery

6. Attract and support sustainable organisations

7. Extend social protection and safety for vulnerable individuals

These seven pillars form part of the Sustainable Island State Contribution (SISC), which is an exciting new investment option under the Citizenship by Investment (CBI) Programme.

The SISC is an opportunity to contribute to the development of a new nation. It’s a secure and sustainable option for savvy investors looking to make a strategic investment.

Collaborative sustainable development initiatives will nurture economic and community development and extend shared values of excellence.

“Connect, Collaborate and Celebrate” with Us 

If you’re interested in promoting your brand, business services, or exploring sponsorship opportunities, feel free to leave a comment here along with your inquiry in the contact form. We’ll promptly respond with details on available packages.

Tickets are limited – make sure to get your early bird tickets!

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 9060634

WTA Foundation and Gates Foundation launch new campaign—Women Change the Game—to urge action on women’s health and nutrition

Campaign includes the groundbreaking WTA Foundation Global Women’s Health Fund, which aims to help at least 1 million women in its first year with an inaugural donation from WTA Tour title sponsor Hologic

St. Petersburg, Fla. and Seattle, March 08, 2024 (GLOBE NEWSWIRE) — Today, on International Women’s Day, the WTA Foundation and the Bill & Melinda Gates Foundation unveiled Women Change the Game, a new campaign uniting the power of women’s tennis and philanthropy to elevate women’s health and nutrition as a global priority. A key component of the campaign is the first-of-its-kind WTA Foundation Global Women’s Health Fund. With an inaugural donation from WTA Tour title sponsor Hologic, in its first year, the Fund will focus on a key aspect of preventive care: It aims to support at least one million women with prenatal vitamins in low- and middle-income countries where access to adequate nutrition for maternal health is limited.

“Throughout my life, tennis has given me a pathway to pursue my dreams, and I know first-hand how important it is to have access to the right health care and nutrition,” said Caroline Wozniacki, former WTA World No. 1 champion, and mother of two. “On International Women’s Day and beyond, I am proud to shine a light on women’s health and nutrition in the hopes that all women can reach their full power and potential.”

Women spend 25% more of their life in poor health than men, according to a 2024 report by the World Economic Forum. This significant health gap impacts women’s quality of life and limits their ability to engage in the workforce and earn a living for themselves and their families. And in the face of global crises—humanitarian disasters, war, and climate change—women and girls suffer the worst consequences.

“Every woman and girl deserves an equal opportunity to be her best—whether in school, at work, or on the tennis court,” said Naomi Osaka, four-time Grand Slam singles champion and new mom. “We are stepping up for women in need, because when we champion each other, we all win.”

Today, more than 1 billion women and girls lack access to the good nutrition and healthy diets they need to survive and thrive, with dire consequences for themselves and their children. Across the world, the gender nutrition gap is worsening. Women and girls are 50% more likely to suffer from malnutrition than boys and men. While the majority of expectant mothers in high-income countries take prenatal vitamins throughout their pregnancies, most women in low- and middle-income countries lack access to this simple, lifesaving resource. Prenatal vitamins provide key nutrients that dramatically reduce the risk of stillbirth, infant mortality, and babies born small and vulnerable, and they improve women’s health.

“It is unacceptable that so many women and girls don’t have access to adequate nutrition and basic care,” said Melinda French Gates, co-chair of the Bill & Melinda Gates Foundation. “The WTA Foundation was founded on the idea of equal opportunity, and that’s exactly what Women Change the Game is about. Nowhere is it more important to level the playing field than women’s health.”

Women Change the Game
Women Change the Game will engage global audiences through tennis—translating the power of elite athletes on the court into elite influence off the court—to take on some of the most pressing and urgent issues for women and girls. A critical component of the campaign is the new WTA Foundation Global Women’s Health Fund, which will mobilize resources for lifesaving women’s health and nutrition products and services that are readily available in high-income countries but are difficult to access or altogether unavailable in low- and middle-income countries.

The campaign features creative assets, including video, digital, and social content, that elevate the voices of elite women athletes in service of women’s equality and better health and nutrition for women worldwide. A series of activations across the Hologic WTA Tour will engage corporate sponsors, tournaments, philanthropic partners, athletes, and fans to raise awareness and funding for women’s health and nutrition. The campaign drives audiences to womenchangethegame.com to engage on the issues and donate.

The WTA Foundation Global Women’s Health Fund
The fundraising component of the partnership is the Global Women’s Health Fund, with the kick-off donation of $1.5 million coming from Hologic, title sponsor of the WTA Tour and one of the world’s top medical technology innovators focused on improving women’s health and well-being. Collaboration on the Fund marks the latest expansion of the WTA’s and Hologic’s comprehensive, multiyear alliance to elevate women’s well-being. The Fund leverages data insights from sources like the Hologic Global Women’s Health Index, which shows the interlocking importance of preventive care, access to adequate food and shelter, strong educational opportunities, and other critical resources for women and girls of all ages.

“Whether it’s prenatal vitamins for expectant mothers or routine screenings for breast and cervical cancers, we know that early intervention is pivotal to helping women live longer and better,” said Stephen P. MacMillan, chairman, president, and CEO of Hologic. “As the first donor to the Global Women’s Health Fund, we’re teaming up with the WTA Foundation and the Bill & Melinda Gates Foundation in urging others—businesses, foundations, governments, tennis fans—to join us in this crucial movement of improving women’s health.”

For at least the first year, every dollar raised through the Fund will be directed toward the Child Nutrition Fund, a global initiative aimed at ending child wasting led by UNICEF, with support from the U.K. government, the Children’s Investment Fund Foundation, the Bill & Melinda Gates Foundation, and other partners. UNICEF, a leader in global health and nutrition, has the worldwide footprint and local partnerships necessary to bring products and services directly into the hands of women in need around the world.

For more information about Women Change the Game and the WTA Foundation’s Global Women’s Health Fund, visit www.womenchangethegame.com.

About the WTA
Founded by Billie Jean King in 1973 on the principle of equal opportunity, the WTA is the global leader in women’s professional sports. The WTA is one of the world’s most recognizable and high-profile sports organizations, consisting of more than 1,600 players representing over 80 nations, all competing to earn WTA rankings points and prestigious tournament titles. The Hologic WTA Tour is comprised of over 70 events and four Grand Slams, spanning 30 countries and regions across six continents with a global audience of more than 1 billion. Further information on the WTA can be found at wtatennis.com.

About the WTA Foundation
Serving as the philanthropic arm of the leading women’s professional sport globally, the WTA Foundation empowers girls and women to live fully and supports our WTA communities worldwide through initiatives promoting equality, education, leadership, and health and wellness.

About the Bill & Melinda Gates Foundation
Guided by the belief that every life has equal value, the Bill & Melinda Gates Foundation works to help all people lead healthy, productive lives. In developing countries, it focuses on improving people’s health and giving them the chance to lift themselves out of hunger and extreme poverty. In the United States, it seeks to ensure that all people—especially those with the fewest resources—have access to the opportunities they need to succeed in school and life. Based in Seattle, Washington, the foundation is led by CEO Mark Suzman, under the direction of Co-chairs Bill Gates and Melinda French Gates and the board of trustees.

Attachments

WTA Foundation
wtacommunications@wtatennis.com

Bill & Melinda Gates Foundation
Media@gatesfoundation.org

GlobeNewswire Distribution ID 9060346

HBL Total Treasury ETF Records Steady Performance

Karachi, The HBL Total Treasury ETF, noted as HBLTETF, stands at a rate of 115.10 rupees, aligning with its daily average. Launched in 2022, with a substantial fund size of 555.005 million rupees and a distribution of 14%, this ETF marked a turnover of 2,611,900. It reached a high rate of 114.5 rupees and a low of 111.1 rupees, depicting its performance and investor interest in the market for the specified period.

HBL Growth Fund Announces 12% Distribution for the Year, Shares Trade Actively

Karachi, The HBL Growth Fund, a prominent closedend mutual fund listed on the Pakistan Stock Exchange under the symbol HGFA, today reported a significant 12% distribution for the year ending June 2023. The fund, with a paidup capital of Rs. 2,835.00 million, saw its shares fluctuate between a high of Rs. 9.45 and a low of Rs. 6.01 during the trading session. The daily weighted average rate stood at Rs. 6.74, with a turnover of 1,679,500 shares. Established in 1980, the fund has consistently been a part of the main board, reflecting its longstanding presence in the market.

Engro Fertilizers Ltd. Rewards Shareholders with Strong Dividend Performance

Karachi, Engro Fertilizers Ltd. (EFERT) has declared a substantial 135% dividend for its shareholders, underscored by a positive earnings per share of 11.54 rupees. The company's shares traded at 147.39 rupees, reaching highs and lows of 147.9 and 112.65 rupees respectively, with a significant turnover of 121,159,839. Listed in 2014, Engro Fertilizers showcases robust financial health and a commitment to rewarding its investors with appreciable dividends.

TriStar Mutual Fund Reports Negative Earnings, Low Trading Activity

Karachi, The TriStar Mutual Fund (TSMF), another key player in the closedend mutual fund sector of the Pakistan Stock Exchange, reported a loss with an earnings per share (EPS) of Rs. (3.26) for the period of January to February 2024. The fund, with a paidup capital of Rs. 50.00 million and listed since 1994, experienced a subdued trading session with a high of Rs. 5.5 and a low of Rs. 4.0. The turnover for the fund was relatively low at 117,500 shares, indicating limited trading activity. The fund did not announce any distribution for the year, reflecting its challenging performance in the recent period.

Engro Corporation Limited Announces High Dividend Payout

Karachi, Engro Corporation Limited (ENGRO) reported a commanding 340% dividend for its shareholders, with an earnings per share of 36.79 rupees. Trading of the company's shares concluded at 345.63 rupees, with a range between 334.4 and 294.4 rupees, and a turnover of 29,071,436. Since its 1968 listing, Engro Corporation has maintained a strong market presence, reflecting its strategic success and shareholder commitment through significant dividend payouts.

B.F. Modaraba Faces Challenges with Negative Earnings Report

Karachi, B.F. Modaraba (BFMOD) has reported a downturn in its financial performance, according to the latest data from the Pakistan Stock Exchange. The company's EPS for January to February 2024 recorded a negative figure of Rs. (0.80), signaling financial challenges. With a paid-up capital of Rs. 75.15 million, B.F. Modaraba has not declared any distributions for the current or previous fiscal year. Established in 1989, the company's performance reflects the volatile market conditions impacting its operations.

Fatima Fertilizer Company Ltd. Declares Dividend and Shows Solid Earnings

Karachi, Fatima Fertilizer Company Ltd. (FATIMA) has announced a 35% dividend and an interim dividend of 17.50%, with an earnings per share of 6.73 rupees. The stock closed at 37.67 rupees, trading between 38.15 and 33.21 rupees, with a turnover of 42,210,193. Listed in 2010, Fatima Fertilizer demonstrates financial stability and growth, marking another year of shareholder returns and operational success.

Constellation Modaraba Reports No Activity in Current Financial Period

Karachi, Constellation Modaraba (FCONM), has not disclosed any financial activity for the current period ending June 2023. The company, with a paidup capital of Rs. 64.62 million, has maintained its position on the Pakistan Stock Exchange since its 1991 listing. No turnover or earnings per share data have been reported for JanuaryFebruary 2024, reflecting the company's static position in the market.

Fauji Fertilizer Bin Qasim Ltd Reports No Dividend with Positive Earnings

Karachi, Fauji Fertilizer Bin Qasim Ltd (FFBL) reported no dividend for the current period, alongside an earnings per share of 3.41 rupees. The company's shares were traded at 25.82 rupees, with activity ranging from 33 to 23.38 rupees and a turnover of 234,422,427. Since its 1996 listing, FFBL continues to navigate the market, focusing on operational efficiencies and market strategies despite the lack of dividend announcements.

Equity Modaraba Remains Unchanged in Recent Market Activity

Karachi, Equity Modaraba (FEM), with a paidup capital of Rs. 524.40 million, has not reported earnings per share for the current fiscal period. The company's turnover reached 73,000, with share prices fluctuating between 4.07 and 3.3. Despite these movements, no financial distributions were declared for the year ending June 2023. Equity Modaraba has been a part of the Pakistan Stock Exchange landscape since its 1992 listing.