The EBRD has invested 70m euros in D-Marin marinas operating in Croatia, Greece and Turkey

first_imgAs part of the largest investment in the tourism sector in its history, the European Bank for Reconstruction and Development (EBRD) has signed an agreement to purchase approximately 25 percent of the shares, becoming a shareholder in D Marinas BV, a holding company currently operating a network of 10 marinas in Croatia. Greece and Turkey, which operate under the D-Marin brand. The EBRD’s 70m-euro investment will finance the company’s development plans, including marina management development, future acquisitions and deleveraging.D Marinas BV is the largest and only international chain of marinas in the eastern Mediterranean, and in Croatia they are present in Šibenik, which manages more than 8000 berths. The owner of the company is Doğuş Holding AS, one of the leading business groups in Turkey and a long-term partner of the EBRD, while the expansion of the business will enable the development of tourism at the local level, further growth and job creation, the Dogus Group reports.”With this investment, the EBRD confirms its long-term commitment to supporting the development of the Croatian economy. Tourism is one of the most powerful generators of growth in these countries, so we expect this investment to open up new opportunities for local entrepreneurs and create new jobs. The beginning of the tourist season is the right time to sign an agreement on such an important investment, by which the EBRD provides much-needed capital to continue development.” said Jurgen Rigterink, EBRD Vice President.The project also includes the use of technical resources from the EBRD’s Special Shareholders’ Fund, which are intended to finance educational programs aimed at opening new opportunities for part-time education, especially for young people and women. The investment was realized within the new EBRD Inclusive Tourism Program for the Eastern Mediterranean, which aims to support the growth and development of tourism at the local level through investments in hotels and tourism companies.The EBRD signed its first project in Croatia in 1994 and has since invested more than 3,6 billion euros in 198 projects. The bank’s activities cover all areas of the economy, but are particularly strong in the areas of infrastructure, entrepreneurship, financial institutions and energy. The EBRD is also involved in dialogue on economic policy measures, capital market development and regulatory reform.D-Marin operates 10 marinas in Croatia, Greece and Turkey, making it one of the largest international chains in the Eastern Mediterranean. D-Marin employs a total of 502 employees, of which 155 in Croatia. “The cooperation between the company D-Marin and the EBRD started in 2013 on the project for the development of the marina D-Marin Dalmacija and since then it has successfully continued to the mutual satisfaction. We have also collaborated on projects related to socially responsible business in the form of education of Croatian students who see their future career in this segment. Meanwhile, D-Marin has become a strong brand in nautical tourism and one of the leading marine management companies in the world. Today’s signing is therefore extremely important for D-Marin, and therefore for Croatia. I thank the EBRD for its trust. ”  said Burak Baykan, CEO of D-Marin.Photo: Ferit F. Şahenk and Jürgen RigterinkFerit F. henahenk, CEO of Doğuş Group, said that this partnership especially confirms the efforts and successes of Turkey in its intention to become a world-famous brand, and added: “We are proud that the long-term strategy of the Doğuş Group to invest in tourism, especially in marinas, has been recognized by such an important institution as the EBRD. The success of D-Marin, especially in the eastern Mediterranean, where the tourist potential is constantly growing, is confirmed by this agreement and according to our strategy we continue to further expand our business in this region. I hope that we will continue to seek new valuable investments together with the EBRD in Turkey and in the Mediterranean area. This agreement is also a proof of the great progress that the Turkish business community has made in recent years around the world. I believe that our partnership will be a positive contribution to the EBRD, Doğuş Group and all countries in which we are active in business. ” concluded Sahenk.last_img read more

Trump’s travel ban targets Nigeria, 5 other countries

first_imgUnited States (US) President Donald Trump delivers remarks at the White House Summit on Human Trafficking in Washington, US, on Jan. 31. REUTERS/LEAH MILLIS WASHINGTON – United States PresidentDonald Trump issued an expanded version of his travel ban on Friday thattargets prospective immigrants from Nigeria and five other countries. The new travel ban will take effect onFeb. 21, according to the proclamation.(Reuters) Acting Homeland Security secretaryChad Wolf said the six countries failed to meet US security andinformation-sharing standards, which necessitated the new restrictions.  Temporary visas for tourists, businesspeople,students and workers from those nations will not be affected, it added. The original travel ban barred nearlyall immigrants and travelers from seven countries with majority Muslimpopulations. The US will suspend the issuance ofvisas that can lead to permanent residency for nationals of Eritrea,Kyrgyzstan, Myanmar, and Nigeria, a presidential proclamation said. last_img read more

Kamaru Usman vs. Jorge Masvidal purse, salaries: How much money will they make at UFC 251?

first_imgJorge Masvidal said this week he needed a hefty monetary promise to fight at UFC 251, and he had all of the leverage to improve his payout when asked to replace Gilbert Burns in the main event against Kamaru Usman.His positioning helped him secure a multifight contract with UFC, which he told ESPN has satisfied his desires. What is Jorge Masvidal’s net worth?Like Usman, Masvidal’s net worth is difficult to pin down, mostly because knowledge of his endorsement deals and outside business pursuits is limited. His base career earnings from fights, though, are about $2.6 million.Kamaru Usman’s career fight recordUsman holds a 16-1-0 career record with his lone pro loss coming by submission in 2013. Since that defeat, he’s racked up three title fight wins and 15 straight victories overall. In 2019, he defeated Colby Covington and Tyron Woodley.Jorge Masvidal’s career fight recordMasvidal is 35-13-0 in his career and enters Saturday night on a three fight unbeaten streak. His last bout came against Nate Diaz, whom he defeated by TKO last November. Usman, meanwhile, is trying to ride the momentum of a 15 fight win streak in which he’s blossomed into a high-earning fighter in his own right.Here is a financial breakdown for the UFC 251 main event:Usman vs. Masvidal fight purse, prize moneyWhile the fight purse won’t be announced until after the event, we do know the earnings each fighter has received in recent appearances to get an idea of the incentives at UFC 251.Usman earned $550,000 for his UFC 245 title victory over Colby Covington last December and $350,000 for his UFC 235 victory over Tyron Woodley last March.Masvidal has earned a shade over $1 million across his past three contests, including $520,000 from his TKO win over Nate Diaz last year. This is his first UFC title fight.It’s expected, then, that each will earn at least $500,000 for appearing at UFC 251.What is Kamaru Usman’s net worth?There is no reputable estimate for Usman’s overall net worth, but his base career earnings from fights are about $1.5 million.last_img read more

Ronaldo ends road scoring drought

first_imgROME (AP):Cristiano Ronaldo ended his away scoring drought with an impressive second-half goal as Real Madrid won 2-0 at Roma yesterday in the first leg of the Round of 16 in the Champions League.The victory also marked a successful debut for Zinedine Zidane as Madrid’s manager in the elite competition, with the 10-time champion taking a big step towards the quarter-finals.It was Ronaldo’s first goal on the road since November 29 when he scored a penalty against Eibar.”Everyone expects (Ronaldo) to score, and today, he was able to,” Zidane said. “I’m happy for these two away goals and that we didn’t concede any goals.”Shortly before the hour mark, Ronaldo collected a pass up the left flank from Marcelo, rapidly cut inside moving the ball with a deft flick of his legs and launched a powerful shot that deflected off Roma fullback Alessandro Florenzi.”He’s a player against whom you can’t concede anything. He can go right or left. It doesn’t matter which way,” Florenzi said. “I was also unlucky because I deflected the shot and the ball went in right under the crossbar.”After scoring, Ronaldo ran towards Zidane and hugged the French great, who replaced Rafa Benitez last month.Substitute Jese then sealed the victory with an angled shot four minutes from the end after Roma failed to take advantage of several opportunities for an equaliser.At the final whistle, Zidane congratulated each of his players one by one, including those who didn’t play.”I do it because the team is the most important thing,” said Zidane, who scored the winning goal for Madrid in the 2002 Champions League final against Bayer Leverkusen. “It’s the players who make the difference, and today it was Ronaldo – it’s often him – but everyone’s contribution is important, even those who don’t play much. We win all together.”The night’s other first-leg match saw Wolfsburg beat AA Ghent 3-2 in Belgium.last_img read more

Two South Africans injured in Boston

first_img16 April 2013Two explosions struck the Boston Marathon on Monday, turning a festive event on Patriots’ Day, a state holiday in Massachusetts, into a horrific tragedy.The runners were crossing the finish line when a powerful blast occurred behind spectators and a row of flags, sending a cloud of smoke almost 15 metres into the air.The explosion ripped through crowd-control barricades, knocking down several people and throwing onlookers as well as the approaching runners into blind panic.Three people were killed and over 100 injured in the blast. Two South Africans were reportedly among the injured.International Relations and Cooperation spokesperson Clayson Monyela said on Tuesday that 25 South Africans had registered for the marathon.“Our missions in the US are checking if more South Africans were affected by the explosions. We continue to monitor and check with hospitals and authorities,” Monyela said.He said his department would provide consular services to the South Africans in Boston.The international community has condemned the bombings which have forced many US cities to step up security.UN Secretary-General Ban Ki Moon said the bombing “is all the more appalling for taking place at an event renowned for bringing people together from around the world in a spirit of sportsmanship and harmony.”Ban called the Boston Marathon explosions “senseless violence”.“For now I just wanted to say that my thoughts are with everyone in Boston,” Ban said, expressing his deepest condolences to the families of the victims and wishing those wounded a speedy recovery.While some US media and experts started to use the phrase “terrorist bombings”, President Barack Obama remained cautious and avoided calling the blasts a terror attack.Obama said his government did not yet have “all the answers” about the Boston explosions, but vowed to hold all those behind them accountable.He said the government had taken steps to beef up security across the country.Source: SAnews.gov.za-Xinhualast_img read more

My connected coop brings all the chickens to the IoT

first_imgTags:#chickens#featured#Internet of Things#IoT#top#yardbird Related Posts Why IoT Apps are Eating Device Interfaces Follow the Puck Internet of Things Makes it Easier to Steal You…center_img When you think of the Internet of Things, do chickens come to mind? Well, for Greg Cullen, the founder and CEO of My Connected Coop, it does.My Connected Coop is an IoT solution for chicken owners that want to find an easier way to raise chickens. After all, as far as animals go, chickens are a great resource to have. They lay eggs, are fun to watch, and roosters will even wake you up in the morning as the sun rises.Unfortunately, we don’t always know or trust where or how the chickens we enjoy are raised. Are the eggs you eat for breakfast coming from an unhappy factory farm chicken? What does cage-free really mean, anyway?Backyard coops are becoming a popular choice for animal lovers and fresh egg enthusiasts alike.Chickens need to be safely stored in their coop at night, and able to roam the yard during the day. This makes chickens safe and happy. Happy chickens produce delicious eggs – or at least eggs you can feel  less guilty for eating.For many chicken owners, this means opening and closing the door by hand. Let’s say you want to enjoy chickens without having to run out there every day to open and close their gate. My Connected Coop is a promising solution to enable you to do that.What is My Connected Coop?My Connected Coop is a wooden chicken coop, with a twist. It is an automated, Internet-enabled coop that makes raising chickens easy.It includes a night-vision camera that gives you a real-time glimpse at your chickens.A button in the mobile app gives you the ability to open and close the gate, letting your chickens roam. The coop even sends updated temperature and humidity numbers from the coop to the app.Cullen recently said to ChicagoInno, “The hardest part is opening the gate in the morning and closing it at night and now you can do that from your phone. You could actually leave for two weeks and take care of your chickens remotely.”My Connected Coop is available for pre-order, with its technology packages priced at $350. A complete kit including everything you need to build your coop is $1,350. Pre-orders are expected to start shipping this summer. Ryan Matthew Pierson Small Business Cybersecurity Threats and How to…last_img read more

Uttar Pradesh tops in crimes against women, says NCRB report

first_imgAfter a delay of two years the annual Crime in India Report 2017 was published by the National Crime Records Bureau (NCRB) on Monday.As per the report, 3,59,849 cases of crime against women were reported in the country. Uttar Pradesh topped the list with 56,011 cases followed by Maharashtra with 31,979 cases and West Bengal 30,002.  “Majority of cases under crimes against women were registered under ‘Cruelty by Husband or his Relatives’ (27.9%) followed by ‘Assault on Women with Intent to Outrage her Modesty’ (21.7%), ‘Kidnapping & Abduction of Women’ (20.5%) and ‘Rape’ (7.0%),” the report said.As per the report, 58,880 incidents of rioting were reported, of which the maximum incidents were reported from Bihar – 11,698, followed by Uttar Pradesh – 8,990 and Maharashtra – 7,743.Also Read Delhi records over 40% of total crimes across Metro cities in 2017center_img Of the total riots reported, communal and sectarian riots accounted for 723 and 183 incidents respectively. There were 805 riots due to caste conflict and 1909 riots occurred due to political reasons, the report said.The incidents registered under the Scheduled Caste Prevention of Atrocities Act saw an increase from 5,082 incidents reported in 2016 to 5,775 in 2017. Incidents of crime related to Scheduled Tribes dipped from 844 in 2016 to 720 in 2017.A total of 95,893 cases of kidnapping and abduction were registered during 2017, showing an increase of 9.0% over 2016 (88,008 cases).“A total of 63,349 children (20,555 male, 42,691 female and 103 transgender) were reported missing in 2017. During the year 2017, a total of 70,440 children (23,564 males, 46,798 females and 78 transgender) were recovered/traced,” the report said.The NCRB for the first time collected data on circulation of “false/fake news and rumours.”Under the category, maximum incidents were reported from Madhya Pradesh (138), Uttar Pradesh (32) and Kerala (18).last_img read more