eXp Realty Lançada no Equador com a Melhor Equipe de Vendas Imobiliárias do País e Kléver Guanoluisa Torres Liderando o Crescimento na América Latina

BELLINGHAM, Wash., May 16, 2025 (GLOBE NEWSWIRE) — A eXp Realty®, a maior corretora de imóveis do mundo e a principal subsidiária da eXp World Holdings, Inc. (Nasdaq: EXPI), anunciou hoje o lançamento oficial de suas operações no Equador, promovendo a rápida expansão da empresa na América Latina. A equipe é liderada por Kléver Guanoluisa Torres, um dos profissionais imobiliários mais influentes do país que anteriormente liderava a equipe de melhor desempenho do Equador na RE/MAX.

Kléver tem quase 30 anos de experiência em imóveis, coaching e desenvolvimento de negócios. Ele treinou mais de 2.000 agentes em toda a América Latina e é amplamente reconhecido por sua abordagem de liderança focada no crescimento pessoal, desempenho profissional e sucesso do agente a longo prazo.

“A reputação de Kléver fala por si própria. Ele é um líder comprovado e um nome confiável na comunidade imobiliária equatoriana”, disse Felix Bravo, Diretor Administrativo Internacional da eXp Realty. “A sua decisão de se juntar à eXp reflete a mudança crescente entre os líderes da indústria em busca de um modelo de capacitação dos agentes através da propriedade, inovação e oportunidades sem fronteiras.”

Kléver disse que a mudança para a eXp representa um novo capítulo não apenas para sua carreira, mas para a próxima geração de profissionais do setor imobiliário no Equador.

“A eXp oferece tudo o que acredito que os agentes precisam para prosperar: liberdade de liderar, ferramentas para escalar e comunidade para crescer”, disse Torres. “Isso é mais do que uma mudança de carreira. É um compromisso com um futuro melhor para os agentes em todo o país.”

Com essa expansão, os agentes no Equador ganham acesso ao modelo de corretagem baseado em nuvem da eXp. Os principais benefícios incluem uma estrutura de comissão competitiva adaptada às necessidades do mercado local, oportunidades de participação acionária e de receita (sujeitas à conformidade regulatória local) e uma rede global de mais de 81.000 agentes em 27 países.

Para mais informações sobre como crescer com a eXp no Equador, visite exprealty.international.

Sobre a eXp World Holdings, Inc.

A eXp World Holdings, Inc. (Nasdaq: EXPI) (a “Empresa”) é a holding da eXp Realty® e da SUCCESS® Enterprises. A eXp Realty é a maior corretora imobiliária independente do mundo, com mais de 81.000 agentes em 27 locais internacionais. Uma corretora baseada em nuvem e centrada no agente, a eXp Realty fornece aos agentes imobiliários divisão de comissão líder do setor, participação nos lucros, oportunidades de participação acionária e uma rede global que capacita os agentes a criar negócios prósperos. Para mais informações sobre a eXp World Holdings, Inc., visite: expworldholdings.com.

A SUCCESS® Enterprises, ancorada pela revista SUCCESS®, é um nome confiável em desenvolvimento pessoal e profissional desde 1897. Como parte do ecossistema eXp, ela oferece aos agentes acesso a recursos valiosos para que eles possam aprimorar suas habilidades, expandir seus negócios e alcançar o sucesso a longo prazo. Para mais informações sobre a SUCCESS, visite success.com.

Declarações de Safe Harbor e de Previsão

Este comunicado para a imprensa contém “declarações de previsão” de acordo com os termos do Private Securities Litigation Reform Act of 1995. Essas declarações refletem as expectativas atuais da Empresa e da sua administração, mas envolvem riscos e incertezas conhecidos e desconhecidos que podem afetar substancialmente os resultados reais. Essas declarações incluem, mas não estão limitadas a, declarações sobre expansão internacional, sucesso do agente individual e disponibilidade de programas de participação acionária. Fatores importantes que podem fazer com que os resultados reais sejam material e adversamente diferentes dos expressos nas declarações de previsão incluem, flutuações no mercado imobiliário, mudanças no recrutamento e retenção de agentes, a capacidade de expansão da Empresa em mercados internacionais, pressão da concorrência, mudanças regulatórias, e outros riscos detalhados ocasionalmente nos registros da Comissão de Valores Mobiliários da Empresa, incluindo, mas não se limitando aos Relatórios Trimestrais protocolados mais recentemente no Formulário 10–Q e no Relatório Anual no Formulário 10–K. A empresa não toma por obrigação atualizar essas declarações quando não exigidas por lei.

Contato com a Mídia
eXp World Holdings, Inc.
[email protected]

Relações com Investidores
Denise Garcia
[email protected]

Foto deste comunicado disponível em https://www.globenewswire.com/NewsRoom/AttachmentNg/cdf2aaa0–29d4–4e29–ba98–d46ed1b6fe45


GLOBENEWSWIRE (Distribution ID 9453531)

eXp Realty startet in Ecuador und gewinnt das führende Immobilienverkaufsteam des Landes – Kléver Guanoluisa Torres treibt das Wachstum in Lateinamerika voran

BELLINGHAM, Washington, May 17, 2025 (GLOBE NEWSWIRE) — eXp Realty®, die weltweit größte unabhängige Immobilienmaklerfirma und eine wichtige Tochtergesellschaft von eXp World Holdings, Inc. (Nasdaq: EXPI), hat heute den offiziellen Beginn ihrer Geschäftstätigkeit in Ecuador bekannt gegeben und damit die schnelle Expansion des Unternehmens in Lateinamerika weiter vorangetrieben. Angeführt wird dieser Schritt von Kléver Guanoluisa Torres, einem der einflussreichsten Immobilienprofis des Landes, der zuvor das leistungsstärkste Team Ecuadors bei RE/MAX geleitet hat.

Kléver bringt fast 30 Jahre Erfahrung in den Bereichen Immobilien, Coaching und Geschäftsentwicklung mit. Er hat über 2.000 Makler in ganz Lateinamerika geschult und ist weithin für seinen Führungsansatz bekannt, der sich auf persönliches Wachstum, professionelle Leistung und langfristigen Erfolg der Makler konzentriert.

„Klévers Ruf spricht für sich. Er ist eine anerkannte Führungspersönlichkeit und ein vertrauenswürdiger Name in der ecuadorianischen Immobilienbranche“, so Felix Bravo, Managing Director International bei eXp Realty. „Seine Entscheidung, zu eXp zu kommen, spiegelt den wachsenden Trend unter Branchenführern wider, die nach einem Modell suchen, das Makler durch Eigenverantwortung, Innovation und grenzenlose Möglichkeiten stärkt.“

Kléver erklärte, der Wechsel zu eXp stelle nicht nur für seine Karriere ein neues Kapitel dar, sondern auch für die nächste Generation von Immobilienfachleuten in Ecuador.

„eXp vereint alles, was Makler meiner Meinung nach benötigen, um erfolgreich zu sein: die Freiheit, zu führen, die Tools, um zu wachsen, und die Community, um sich weiterzuentwickeln“, so Torres. „Es ist mehr als nur ein Karriereschritt. Es ist ein Bekenntnis zu einer besseren Zukunft für Makler im ganzen Land.“

Mit dieser Expansion erhalten Makler in Ecuador Zugang zum cloudbasierten Maklermodell von eXp. Zu den wichtigsten Vorteilen gehören eine wettbewerbsfähige, auf die lokalen Marktbedürfnisse zugeschnittene Provisionsstruktur, Möglichkeiten zur Kapitalbeteiligung und Umsatzbeteiligung (vorbehaltlich der Einhaltung lokaler Vorschriften) sowie ein globales Netzwerk von mehr als 81.000 Maklern in 27 Ländern.

Weitere Informationen zum Aufbau mit eXp in Ecuador finden Sie unter exprealty.international

Über eXp World Holdings, Inc.

eXp World Holdings, Inc. (Nasdaq: EXPI) (das „Unternehmen“) ist die Holdinggesellschaft von eXp Realty® und SUCCESS® Enterprises. eXp Realty ist das weltweit größte unabhängige Immobilienmaklerunternehmen mit fast 81.000 Maklern an 27 internationalen Standorten. Als cloudbasierte, maklerorientierte Vermittlungsplattform bietet eXp Realty Immobilienmaklern branchenführende Provisionsaufteilungen, Umsatzbeteiligungen, Beteiligungsmöglichkeiten und ein globales Netzwerk, das Makler dabei unterstützt, florierende Unternehmen aufzubauen. Weitere Informationen zu eXp World Holdings, Inc. finden Sie unter: expworldholdings.com.

SUCCESS® Enterprises, verankert im SUCCESS®–Magazin, ist seit 1897 ein vertrauenswürdiger Name in der persönlichen und beruflichen Entwicklung. Als Teil des eXp–Ökosystems bietet es Agenten Zugang zu wertvollen Ressourcen, um ihre Fähigkeiten zu verbessern, ihr Geschäft auszubauen und langfristigen Erfolg zu erzielen. Weitere Informationen über SUCCESS finden Sie unter success.com.

Wichtiger Hinweis zu zukunftsgerichteten Aussagen

Diese Pressemitteilung enthält zukunftsgerichtete Aussagen im Sinne des Private Securities Litigation Reform Act von 1995. Diese Aussagen spiegeln die aktuellen Erwartungen des Unternehmens und seiner Geschäftsführung wider, beinhalten jedoch bekannte und unbekannte Risiken und Unsicherheiten, die sich erheblich auf die tatsächlichen Ergebnisse auswirken könnten. Diese Aussagen beinhalten u. a. Aussagen zur internationalen Expansion, zum Erfolg einzelner Vertreter und zur Verfügbarkeit von Kapitalbeteiligungsprogrammen. Zu den wichtigen Faktoren, die dazu führen können, dass die tatsächlichen Ergebnisse wesentlich und nachteilig von den in den zukunftsgerichteten Aussagen ausgedrückten Ergebnissen abweichen, gehören Schwankungen auf dem Immobilienmarkt, Änderungen bei der Mitarbeiterbindung oder –rekrutierung, die Fähigkeit des Unternehmens, erfolgreich auf internationalen Märkten zu expandieren, Wettbewerbsdruck, regulatorische Änderungen und andere Risiken, die gelegentlich in den bei der Securities and Exchange Commission eingereichten Unterlagen des Unternehmens aufgeführt werden, einschließlich, aber nicht beschränkt auf die zuletzt eingereichten Quartalsberichte auf Formular 10–Q und Jahresberichte auf Formular 10–K. Wir übernehmen keine Verpflichtung, diese Aussagen zu aktualisieren, es sei denn, dies ist gesetzlich vorgeschrieben.

Pressekontakt
eXp World Holdings, Inc.
[email protected]

Kontakt für Anlegerbeziehungen
Denise Garcia
[email protected]

Ein Foto zu dieser Mitteilung ist verfügbar unter https://www.globenewswire.com/NewsRoom/AttachmentNg/cdf2aaa0–29d4–4e29–ba98–d46ed1b6fe45


GLOBENEWSWIRE (Distribution ID 9453531)

eXp Realty s’implante en Équateur et intègre la meilleure équipe de vente immobilière du pays, tandis que Kléver Guanoluisa Torres dirige sa forte croissance en Amérique latine

BELLINGHAM, Washington, 17 mai 2025 (GLOBE NEWSWIRE) — eXp Realty®, la plus grande société de courtage immobilier indépendante au monde et principale filiale d’eXp World Holdings, Inc. (Nasdaq : EXPI), annonce ce jour le lancement officiel de ses opérations en Équateur, favorisant ainsi l’expansion rapide de l’entreprise en Amérique latine. Cette opération est menée par Kléver Guanoluisa Torres, l’un des professionnels de l’immobilier les plus influents du pays, qui dirigeait auparavant l’équipe la plus performante d’Équateur chez RE/MAX.

M. Torres met à profit près de 30 ans d’expérience dans l’immobilier, le coaching et le développement commercial. Il a formé plus de 2 000 agents en Amérique latine et est largement reconnu pour son approche du leadership axée sur le développement personnel, la performance professionnelle et la réussite à long terme des agents.

« La réputation de Kléver n’est plus à faire. C’est un leader reconnu et une figure de confiance au sein de la communauté immobilière équatorienne », a affirmé Felix Bravo, directeur général international d'eXp Realty. « Sa décision de rejoindre eXp reflète l’évolution croissante des leaders du secteur, qui recherchent un modèle visant à responsabiliser les agents grâce à la propriété, à l’innovation et à des opportunités sans frontières. »

M. Torres a expliqué que son arrivée chez eXp marque un nouveau chapitre non seulement pour sa carrière, mais aussi pour la prochaine génération de professionnels de l’immobilier en Équateur.

« eXp réunit, selon moi, tout ce dont les agents ont besoin pour s’épanouir : la liberté de diriger, les outils pour évoluer et la communauté pour se développer », a déclaré M. Torres. « C’est plus qu’une simple évolution de carrière. C’est un engagement pour un avenir meilleur pour les agents à travers le pays. »

Grâce à cette expansion, les agents en Équateur ont accès au modèle de courtage basé sur le cloud d'eXp. Les principaux avantages comprennent une structure de commissions compétitive adaptée aux besoins du marché local, des opportunités de partage des capitaux propres et des revenus (sous réserve de conformité réglementaire locale) et un réseau mondial de plus de 81 000 agents dans 27 pays.

Pour en savoir plus sur la construction avec eXp en Équateur, consultez exprealty.international.

À propos d’eXp World Holdings, Inc.

eXp World Holdings, Inc. (Nasdaq : EXPI), ou la « Société », est la société holding des entreprises eXp Realty® et SUCCESS® Enterprises. eXp Realty est la plus grande société de courtage immobilier indépendante au monde, et compte plus de 81 000 agents dans 27 pays. Courtier cloud et axé sur les agents, eXp Realty verse des commissions de premier ordre aux agents immobiliers, partage les revenus et propose des opportunités de participation au capital et rassemble ses agents au sein d’un réseau mondial leur permettant de réussir à développer leur activité. Pour en savoir plus sur eXp World Holdings, Inc., consultez le site expworldholdings.com.

Ancrée dans le paysage grâce à la notoriété de son magazine SUCCESS®, la marque SUCCESS® Enterprises se distingue comme une référence en matière de développement personnel et professionnel depuis 1897. Elle fait partie de l’écosystème eXp et offre aux agents un accès à de précieuses ressources pour développer leurs compétences et leur activité, et réussir sur le long terme. Pour plus d’informations au sujet de SUCCESS, consultez success.com.

Dispositions dites Safe Harbor et déclarations prospectives

Le présent communiqué de presse contient des déclarations prospectives au sens de la loi américaine Private Securities Litigation Reform Act (loi sur la réforme des recours collectifs en matière de valeurs mobilières) de 1995. Elles sont fondées sur les attentes actuelles de la Société et de sa direction, mais induisent des risques et des incertitudes, connus ou non, qui pourraient exercer une nette influence sur les résultats réels. Elles se rapportent, entre autres, aux déclarations relatives à son expansion internationale, au succès de ses agents immobiliers et à la disponibilité des programmes de participation au capital. Les facteurs clés susceptibles d’entraîner un écart sensible et défavorable entre les résultats réels et ceux exprimés dans les déclarations prospectives comprennent les fluctuations du marché immobilier, les évolutions dans la rétention ou le recrutement des agents, l’aptitude de la Société à se développer avec succès sur les marchés internationaux, les pressions exercées par la concurrence, les évolutions d’ordre réglementaire et d’autres risques régulièrement détaillés dans les documents déposés par la Société auprès de la Securities and Exchange Commission, y compris, mais sans s’y limiter, les derniers rapports trimestriel et annuel déposés respectivement sous les formulaires 10–Q et 10–K. Nous déclinons toute obligation de mettre à jour ces déclarations prospectives, sauf si la loi l’exige.

Contact relations avec les médias :
eXp World Holdings, Inc.
[email protected]

Contact relations avec les investisseurs :
Denise Garcia
[email protected]

Une photo accompagnant ce communiqué est disponible à l’adresse suivante : https://www.globenewswire.com/NewsRoom/AttachmentNg/cdf2aaa0–29d4–4e29–ba98–d46ed1b6fe45


GLOBENEWSWIRE (Distribution ID 9453531)

أعلنت مجموعة شركات Hovnanian Enterprises عن شراكة استراتيجية بين شركتي K. Hovnanian M.E والشركة السعودية NHC

ماتاوان، نيوجيرسي،, May 16, 2025 (GLOBE NEWSWIRE) —  أعلنت مجموعة Hovnanian Enterprises, Inc. (NYSE: HOV)، وهي شركة رائدة في مجال بناء المنازل على مستوى الولايات المتحدة، عن توقيع مذكرة تفاهم استراتيجية بين شركتها التابعة في الشرق الأوسط، K. Hovnanian M.E. Investments, LLC، وهي شركة ذات مسؤولية محدودة، وشركة NHC، الشركة الرائدة في مجال التطوير العقاري في المملكة العربية السعودية. وقّع مذكرة التفاهم السيد Mohammad Albuty، الرئيس التنفيذي لشركة NHC، وAra K. Hovnanian، رئيس مجلس الإدارة والرئيس والرئيس التنفيذي لمجموعة شركات Hovnanian Enterprises, Inc وتم إضفاء الطابع الرسمي عليها في منتدى الاستثمار السعودي الأمريكي في الرياض في 13 مايو 2025، خلال الزيارة التاريخية للرئيس Donald J. Trump للمملكة.

ويأتي توقيع مذكرة التفاهم استكمالاً للزيارة الرسمية التي قام بها معالي وزير البلديات والإسكان الأستاذ Majed bin Abdullah Al–Hogail إلى الولايات المتحدة الأمريكية، مما يعكس استمرار التعاون والشراكات الاستثمارية المتنامية بين الجانبين.

وتستند مذكرة التفاهم إلى التعاون المستمر بين شركتي K. Hovnanian M.E. وNHC، وتتضمن تشكيل مجموعات عمل مشتركة والسعي وراء الفرص ضمن مشاريع شركة NHC، وكل ذلك دعماً لرؤية 2030 وإنشاء مجتمعات نابضة بالحياة وقابلة للعيش في جميع أنحاء المملكة العربية السعودية. تسعى هذه الجهود، التي تتوافق مع زيارة الرئيس Trump، إلى توسيع نطاق الاستثمارات الأميركية وتعزيز العلاقات التجارية مع المملكة العربية السعودية.

وستواصل مجموعة شركات Hovnanian، بخبرتها الواسعة في إنجاز أكثر من 376 ألف منزل في الولايات المتحدة على مدى ما يقرب من 70 عامًا، تعزيز خبرتها من خلال شركة K. Hovnanian M.E. Investments, LLC، التي تعمل في المملكة العربية السعودية من خلال مشروع مشترك مع شركة Hamad Bin Mohammed Bin Saedan بدأ منذ عام 2013، وقد أنجزت أكثر من 2450 منزلًا لمشترين المنازل السعوديين.

وأضاف Albuty: “تتمتع مجموعة شركات Hovnanian بخبرة واسعة في مجال بناء المنازل عالية الجودة، وسنعمل على استكشاف فرص التعاون للارتقاء بحياة المواطنين السعوديين من خلال التطورات المبتكرة التي تركز على تحسين نوعية حياة جميع أولئك الذين يعيشون في مشاريعنا ويزورونها”.

وقال Ara K. Hovnanian: “فخورون بتعميق شراكتنا مع شركة NHC، ونشرف بتوقيع هذه الاتفاقية خلال هذه الزيارة التاريخية”. “إن التحول الجريء الذي تشهده المملكة العربية السعودية في ظل رؤية 2030 يمثل فرصة فريدة للمساهمة بعقود من الخبرة في بناء المساكن في واحدة من أكثر مبادرات الإسكان طموحًا في العالم، ونتطلع إلى بناء مجتمعات تعكس طاقة المملكة وطموحها ورؤيتها للمستقبل.”

نبذة عن مجموعة شركات Hovnanian Enterprises, Inc.
تأسست مجموعة شركات Hovnanian Enterprises, Inc.، التي يقع مقرها الرئيسي في ماتاوان، نيو جيرسي، في عام 1959 على يد Kevork S. Hovnanian، ومن خلال الشركات التابعة لها، تُعد واحدة من أكبر شركات بناء المنازل في البلاد حيث لها سابقة أعمال في كلٍ من أريزونا وكاليفورنيا وديلاوير وفلوريدا وجورجيا وميريلاند ونيو جيرسي وأوهايو وبنسلفانيا وكارولينا الجنوبية وتكساس وفيرجينيا وغرب فيرجينيا. يتم تسويق وبيع منازل الشركة تحت الاسم التجاري K. Hovnanian® Homes. بالإضافة إلى ذلك، فإن الشركات التابعة للشركة، كمطورين مجتمعات الفور سيزونز التابعة لشركة K. Hovnanian®، تجعل الشركة واحدة من أكبر شركات بناء المجتمعات ذات نمط الحياة النشط في البلاد.

يمكن الوصول إلى معلومات إضافية عن مجموعة شركات Hovnanian Enterprises, Inc. من خلال تصفح قسم “علاقات المستثمرين” على الموقع الإلكتروني لمجموعة شركات Hovnanian Enterprises http://www.khov.com. لإضافة اسمك إلى قائمة البريد الإلكتروني للمستثمرين في Hovnanian، يُرجى إرسال بريد إلكتروني إلى [email protected] أو التسجيل على http://www.khov.com.

جهة الاتصال: Brad G. O’Connor    Jeffrey T. O’Keefe
  المدير المالي   نائب الرئيس، مسؤول علاقات المستثمرين
  732–747–7800   732–747–7800      


GLOBENEWSWIRE (Distribution ID 9453393)

eXp Realty Launches in Ecuador, Onboards Country’s Top Real Estate Sales Team as Kléver Guanoluisa Torres Leads Latin America Growth Surge

BELLINGHAM, Wash., May 16, 2025 (GLOBE NEWSWIRE) — eXp Realty®, the world’s largest independent real estate brokerage and a core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced the official launch of its operations in Ecuador, furthering the company’s rapid expansion across Latin America. The move is led by Kléver Guanoluisa Torres, one of the country’s most influential real estate professionals, who previously led Ecuador’s top–performing team at RE/MAX.

Kléver brings nearly 30 years of experience in real estate, coaching and business development. He has trained more than 2,000 agents across Latin America and is widely recognized for his leadership approach focused on personal growth, professional performance and long–term agent success.

“Kléver’s reputation speaks for itself. He’s a proven leader and a trusted name in the Ecuadorian real estate community,” said Felix Bravo, Managing Director, International, at eXp Realty. “His decision to join eXp reflects the growing shift among industry leaders who are looking for a model that empowers agents through ownership, innovation and borderless opportunity.”

Kléver said the move to eXp represents a new chapter not only for his career, but for the next generation of real estate professionals in Ecuador.

“eXp brings together everything I believe agents need to thrive: the freedom to lead, the tools to scale and the community to grow,” said Torres. “This is more than a career move. It’s a commitment to a better future for agents across the country.”

With this expansion, agents in Ecuador gain access to eXp’s cloud–based brokerage model. Key benefits include a competitive commission structure tailored to local market needs, equity and revenue share opportunities (subject to local regulatory compliance), and a global network of more than 81,000 agents in 27 countries.

To learn more about building with eXp in Ecuador, visit exprealty.international.

About eXp World Holdings, Inc.

eXp World Holdings, Inc. (Nasdaq: EXPI) (the “Company”) is the holding company for eXp Realty® and SUCCESS® Enterprises. eXp Realty is the largest independent real estate brokerage in the world, with over 81,000 agents across 27 international locations. As a cloud–based, agent–centric brokerage, eXp Realty provides real estate agents industry–leading commission splits, revenue share, equity ownership opportunities, and a global network that empowers agents to build thriving businesses. For more information about eXp World Holdings, Inc., visit: expworldholdings.com.

SUCCESS® Enterprises, anchored by SUCCESS® magazine, has been a trusted name in personal and professional development since 1897. As part of the eXp ecosystem, it offers agents access to valuable resources to enhance their skills, grow their businesses, and achieve long–term success. For more information about SUCCESS, visit success.com.

Safe Harbor and Forward–Looking Statements

This press release contains forward–looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect the Company’s and its management’s current expectations but involve known and unknown risks and uncertainties that could impact actual results materially. These statements include, but are not limited to, statements regarding international expansion, individual agent success, and the availability of equity ownership programs. Important factors that may cause actual results to differ materially and adversely from those expressed in forward–looking statements include real estate market fluctuations, changes in agent retention or recruitment, the Company’s ability to expand successfully in international markets, competitive pressures, regulatory changes, and other risks detailed from time to time in the Company’s Securities and Exchange Commission filings, including but not limited to the most recently filed Quarterly Reports on Form 10–Q and Annual Report on Form 10–K. We do not undertake any obligation to update these statements except as required by law.

Media Contact
eXp World Holdings, Inc.
[email protected]

Investor Relations
Denise Garcia
[email protected]

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الفعالية الحصرية لكبار الشخصيات لشركة DDPAI في الرياض تستعرض ابتكارات نظام الحماية الذكية SmartGuard وتكشف النقاب عن الإصدار الذهبي الفاخر

الرياض، المملكة العربية السعودية،, May 16, 2025 (GLOBE NEWSWIRE) — أقامت شركة DDPAI فعاليتها الحصرية لتجربة المنتجات المخصصة لكبار الشخصيات في العاصمة الرياض، حيث جمعت نخبة من الضيوف المدعوين فقط لتجربة استثنائية ومتميزة تحت عنوان نظام الحماية الذكية من DDPAI“. وقد عكست الفعالية، التي أُقيمت في أجواءٍ أنيقة، الفلسفة الأساسية للعلامة التجارية – “لسلامة رحلتكم” – وذلك من خلال الكشف عن ابتكارات جديدة صُمِمت خصيصًا لتلبية المتطلبات المتغيرة للسائقين في منطقة الشرق الأوسط.

كان جوهر الفعالية يتمحور حول النهج الشامل الذي تتبناه DDPAI في مجال السلامة الذكية أثناء القيادة. وبدلاً من التركيز فقط على تحديثات الأجهزة، كشفت العلامة التجارية عن مفهوم نظام الحماية الذكية SmartGuard – وهو حل متكامل يجمع بين التصوير الذكي والاتصال الفوري والحماية الشاملة في جميع الظروف. أظهرت المنتجات المعروضة، مثل كاميرا Z60 Pro الجديدة، والتي تمثل أحدث طراز من كاميرات مراقبة السيارات التي تدعم التسجيل ثلاثي القنوات من شركة DDPAI، كيف تُسهم تقنيات التصوير الذكي والاتصال عن بُعد في تعزيز السلامة أثناء القيادة اليومية. وفي الوقت ذاته، سلّط الإصدار المُحسّن من كاميرا N5 4G الضوء على قدرات مراقبة مواقف السيارات عبر الرادار، والتي باتت مدعومة بميزة الاتصال عن بُعد عبر تقنية 4G. يوفر هذا النظام القوي المتكامل إمكانية الاستشعار الفوري للحركة، وإرسال التنبيهات في الوقت الفعلي، والاتصال الصوتي ثنائي الاتجاه، ما يحوّل المراقبة السلبية إلى نظام دفاعي نشط وتفاعلي، بغض النظر عن المسافة التي تبعُدها عن السيارة.

جسّدت هذه الابتكارات معًا التزام DDPAI بتوفير حماية ذكية وانسيابية تمتد إلى ما هو أبعد من القيادة.

كان الحدث الأبرز في هذه الأمسية هو الإطلاق العالمي الأول للإصدار الذهبي من كاميرا Z60 Pro – وهو إصدار فاخر محدود.

تتميز هذه الكاميرا التي يمكنك اقتناؤها بلمسات ذهبية وعدسة مُرصَّعة بالألماس، حيث تمزج بين الأناقة الراقية والأداء القوي، لتشكّل قطعة متميزة ترمز إلى الفخامة والابتكار في آنٍ واحد.

اختُتِمت الفعالية بإعادة التأكيد على رؤية DDPAI طويلة المدى تجاه المنطقة. وفي إطار تعزيز وجودها في منطقة الشرق الأوسط، تضع العلامة التجارية نُصب أعينها التكيف مع السوق المحلي، والتصوير الذكي، والابتكار المُرتكز على احتياجات المستخدم. تسعى DDPAI، من خلال نظام الحماية الذكية SmartGuard، إلى تقديم تجربة قيادة فاخرة تجمع بسلاسة بين السلامة والتكنولوجيا وأسلوب الحياة.

من الحماية الذكية إلى الابتكار الراقي، تواصل DDPAI دعم مستخدميها لحماية كل لحظة على الطريق.

جهة الاتصال: [email protected]

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Falcon Makes First European Appearance at EBACE 2025

DUBAI, United Arab Emirates, May 16, 2025 (GLOBE NEWSWIRE) — With EBACE 2025 just days away, Falcon, part of Alex Group Investment, is getting ready to welcome visitors at its booth during Europe’s leading business aviation event, taking place from May 20 to 22 at Palexpo, Geneva, Switzerland.

This will be Falcon’s first time exhibiting at a European aviation show, where the company will introduce its full range of aviation services to the European market. Visitors will have the opportunity to learn more about Falcon Luxe (private jet charter), Falcon Flight Support, Falcon Elite (private jet terminal), and Falcon Technic (maintenance, repair, and overhaul), which together position Falcon as a true one–stop shop for business aviation services.

“Attending EBACE is a clear step into the European market,” said Mr. Sultan Rashit Abdulla Rashit Al Shene, Founder & Chairman of Alex Group Investment. “We’re proud to present Falcon’s full capabilities to a new audience and open the door to meaningful, long–term partnerships.”

The Falcon team will be present at Booth 864, ready to welcome visitors and discuss future opportunities.

Discover more about Falcon’s full range of services at: Private aviation, FBO, MRO, and Ground Handling Service – Falcon

About Falcon

Falcon is a premier aviation service provider, offering a one–stop–shop for all your aviation needs. With Falcon Luxe, we provide a fleet of modern private jets available for global charter worldwide, ensuring comfort and privacy for every journey. Falcon Elite features an exclusive private jet terminal (FBO), delivering top–tier service and an unforgettable experience before you even board. Falcon Technic offers 24/7 Maintenance, Repair, and Overhaul (MRO) services, not only for our fleet but also for third–party aircraft, ensuring optimal performance and reliability. Additionally, Falcon Flight Support is dedicated to making your travel effortless, providing personalized support from start to finish. At Falcon, all your aviation needs are covered under one roof.

Discover more at flyfalcon.comInstagram and LinkedIn

Media Inquiries

Ines Nacerddine
Director of Marketing – Aviation
Alex Group Investment
Email: [email protected]

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Intercom Team Jets into FundedNext for Exclusive AI Collaboration

AJMAN, United Arab Emirates, May 16, 2025 (GLOBE NEWSWIRE) — On May 7–8, FundedNext hosted Intercom’s senior delegation, led by Phil Moore (Head of Sales Engineering) and Ciaran Nolan (Senior Director, EMEA), for a focused two–day collaboration at FundedNext’s Operations & Support Hub. FundedNext is one of Intercom’s most strategic and high–impact clients globally. The partners leveraged this event to significantly enhance Fin AI, Intercom’s next–generation AI support assistant, by advising on advanced, agentic layers capable of handling personalized, high–volume queries at an unprecedented scale.

FundedNext has been working with Intercom since Fin AI’s early days—nearly a year ago. From the start, they fully integrated Fin, tested it extensively, and pushed its limits through hands–on experimentation. The partnership grew deeper with early access to roadmap features, dedicated engineering support, and participation in closed betas and focused six–week sprints to help refine the product.

Workshop Overview
Over two intensive days, FundedNext and Intercom teams co–built strategies to evolve Fin AI into a sophisticated, agentic support layer. Day one began with a comprehensive review of Fin AI’s business impact at FundedNext, spotlighting significant boosts in productivity and customer satisfaction. This was followed by live demonstrations of advanced features, prompting FundedNext’s leadership to provide deep insights on security protocols, regulatory compliance, and integration priorities informed by extensive operational expertise.

On day two, Intercom’s delegation collaborated directly with FundedNext’s Client Experience team. Together, they analyzed customer scenarios across the spectrum—from basic informational queries to personalized, high–volume, and highly complex cases demanding precise human intervention. These interactive sessions will help to refine Fin AI’s ability to deliver automated and semi–automated workflows tailored specifically to FundedNext’s operational scale.

Both teams committed to industry–leading AI safety protocols and proactive regulatory compliance—ensuring every automated decision is transparent, auditable, and built on iron–clad data protections.

Phil Moore, Head of Sales Engineering at Intercom, said:
“Workshops like these deliver results that months of Slack messages or video calls simply can’t. When we collaborate side by side, ideas flow instantly, alignment happens naturally, and we leave with a shared vision that drives real progress.”

Why FundedNext is the Ultimate Proving Ground for Fin AI
Serving retail traders globally with highly diverse and complex trading programs, FundedNext generates a large volume of data, providing Fin AI with a uniquely challenging environment to rapidly advance its predictive capabilities. Successfully managing FundedNext’s diverse requirements positions Fin AI to perform exceptionally across any global customer support context.

Tanzim Hasan Fahim, VP of Technology at FundedNext, commented:
“At FundedNext, we manage some of the industry’s most demanding environments. Integrating Fin AI requires meticulous execution, particularly around security and compliance. Our close collaboration ensures we’re not just adopting technology, but actively setting standards for how AI transforms customer support.”

Syed Abdullah Galib, Chief Strategy Officer at FundedNext, said:
“Our partnership with Intercom is already robust, but this workshop pushes our collaboration even further. We are co–shaping the future of AI support—leveraging our unique operational scale to finetune agentic solutions capable of handling hundreds of thousands of complex, personalized interactions seamlessly and securely.”

A Generational Breakthrough for Customer Support
This engagement represents a new paradigm in AI–powered customer service—uniting global technology leaders and enterprise innovators to co–build intelligent, agentic support systems. By merging AI–driven efficiency, human expertise, and rigorous security standards, FundedNext and Intercom are defining the future, ensuring every customer interaction is handled with precision, empathy, and unmatched reliability.

About the Partners

Intercom
Intercom enables customer engagement for 30,000+ businesses with a unified platform combining chat, automation, and AI workflows. Its latest roadmap introduces proprietary AI–agent features that blend Fin’s automation with expert human handoffs.

FundedNext
FundedNext is a UAE based global proprietary trading platform offering simulated funding to traders in 180+ countries. FundedNext further supports trader development through expert educational resources, a thriving trading community, strategic networking opportunities, and advanced analytical tools. They recently launched their futures prop firm and are expanding their market by introducing its brokerage division in mid–May.

Contact:
Namia Mursalin
[email protected]
Website: fundednext.com

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How Should the United Nations Respond to Its Funding Crisis?

The world needs the UN, now more than ever. But we have also experienced firsthand how maddeningly inefficient and bureaucratic it can be. No wonder some critics want to defund it, the authors argue Credit: United Nations

The world needs the UN, now more than ever. But we have also experienced firsthand how maddeningly inefficient and bureaucratic it can be. No wonder some critics want to defund it, the authors argue. Credit: United Nations

By Felix Dodds and Chris Spence
SAN FRANCISCO, California / APEX, North Carolina, US, May 16 2025 – The United Nations has been called many things in its time:

  • A champion of human rights.
  • The world’s peacekeeper and provider of disaster relief.
  • A leader on climate change, sustainable development, cutting poverty, and combating disease.
  • The world’s single most important organization.

 

But also:

  • Bureaucratic.
  • Byzantine.
  • Disorganized.
  • Duplicative.
  • Fragmented.
  • Frustrating.

Which is it?

The correct answer is, probably both. In our opinion, the UN is essential. Its role over the past 80 years has been critical in so many ways. As we argue in our books, Heroes of Environmental Diplomacy (2022) and Environmental Lobbying at the United Nations (2025) the world needs the UN, now more than ever.

But we have also experienced firsthand how maddeningly inefficient and bureaucratic it can be. No wonder some critics want to defund it.

Unlike some previous efforts at UN reform that have petered out—often because governments and various UN entities could not agree on their implementation—this time the UN seems to have no choice but to adapt. For the first time in its history, funding is likely to fall. The years of growth are clearly over. Budgets will soon need to be cut. Already, funding shortfalls are starting to bite

One of the problems for the United Nations has been the expectations surrounding it. With every new global challenge—from decolonization to climate change—the organization’s mandate has grown.

The United Nations feels both too big and too small. After ongoing budgetary growth for the best part of 80 years, it is sufficiently big that many expect it to be able to deal with anything that comes its way. The UN system as a whole has revenue of more than US$74 billion—bigger than many countries. However, the UN’s regular (core) budget is relatively small: $3.72 billion for 2025. What’s more, it has generally only gone up by the cost of inflation for the last thirty years.

Where does the rest of the money go? A lot is dedicated to helping developing countries with their humanitarian, development, and environmental work. In addition, there is a peacekeeping budget that pays for UN peacekeeping forces. This budget is currently $5.6 billion.

Another expense relates to UN programmes focusing on specific topics, such as development (UNDP), environmental protection (UNEP), or humanitarian aid (UNHCR).

These programmes are funded through voluntary contributions from governments, and are managed through the specific UN programme’s dedicated governing bodies. UN agencies are also technically separate from the “core” UN; they select their own leaders and have their own governing bodies.

 

Cuts Are Coming

Together, these many UN entities undertake a lot of activities. They also cost a lot. Now, however, many governments are reducing their aid budgets and several, including the US, are making wholesale cuts to their UN funding. This means change is coming whether the organization likes it or not.

Unlike some previous efforts at UN reform that have petered out—often because governments and various UN entities could not agree on their implementation—this time the UN seems to have no choice but to adapt. For the first time in its history, funding is likely to fall. The years of growth are clearly over. Budgets will soon need to be cut. Already, funding shortfalls are starting to bite.

UN member states (that is, governments) are assessed for annual UN “contributions” based on a formula that considers their national income and various other factors. But what if governments don’t pay what they owe?

By April 30, 2025, unpaid “assessments” (money owed to the UN by individual countries) stood at US$2.4 billion, with the US owing $1.5 billion, China around $600 million, and Russia more than $70 million. On top of that, the peacekeeping budget was $2.7 billion in arrears. In 2024, 41 countries did not pay their mandated contributions.

In March 2025, UN Secretary-General António Guterres launched “UN80”, a review that seeks to make sure the institution continues to be fit-for-purpose as it looks towards a financially-straightened future. So far, everything seems to be on the table: his review is examining operational efficiency, how the organization’s key tasks or missions are implemented, and major structural reforms.

The Secretary-General has acknowledged criticism about major overlaps between UN agencies and programmes, as well as inefficiencies, spiraling costs, fragmentation, outdated working methods, and the rapid growth in high-level managerial and executive jobs within the system.

He is considering major changes, such as merging multiple departments, agencies and groups into a much smaller number that would each cover a major area like Peace and Security, Humanitarian Affairs, Human Rights, and Sustainable Development.

Currently, many entities have overlapping responsibilities in each of these areas and there are literally dozens of different groups active in each one.

Such mergers seem sensible and long overdue. Internally, it will likely cause a lot of anguish and stress among staff, since it will certainly result in layoffs. This must be undertaken with a pro-staff approach; many who work for the UN have devoted their lives to the organization, and any staff changes should try to respect their service.

Sadly, the cuts in funding mean a certain level of job losses are inevitable. That said, we believe it is far better for the UN to take on the challenge intentionally and with the clear goal of improving the organization’s efficiency and impact, than for it to adopt a “defensive” posture and resist change while funding falls anyway.

Are there ways some cuts could be offset by finding additional ways to fund the UN and its various activities? While these are unlikely in the short term, it is worth actively considering what new income streams might be possible and how they could play a role in funding new or existing mandates. In future, any new activity or mandate being considered by the UN should certainly include a clearly-funded budget.

 

A Sustainable United Nations?

A major lens we would like to see applied to any reform is judging the UN’s activities by its areas of comparative advantage. What are activities the UN does better than anyone else? Conversely, in what areas does the UN underperform, or even duplicate, others? Are there areas the UN adds so little value that it should exit altogether? UN leadership will need to be clear-eyed about the realities of this as they look at the changes needed.

One area in which we believe the UN excels is in coordinating international action on topics that go beyond national boundaries. This includes sustainable development and major environmental crises like climate change, pollution, and biodiversity loss. As we argue in our books and previous articles, the UN’s convening power has made a huge difference in trying to tackle these complex, global challenges.

Even here, however, improvements can be made. For instance, might it be possible to consolidate the many UN entities dealing with issues of sustainable development and the environment? Currently, there are several dozen, including DESA, FAO, IFAD, UNDRR, UNDP, UNESCO, UN-Habitat, UNIDO, and many others.

At this point, it may be easier for the UN Secretary-General to start by reforming the UN secretariats and programmes rather than the UN “agencies” (such as FAO, ILO, UNESCO, and WHO). This is because UN agencies often have wider mandates, more complex structures, greater autonomy, and longstanding support from vested interests. So, it may be more practical to start with parts of the system that can be easier to change and rationalize.

In addition to potential consolidation, are there savings to be had by shifting to lower cost centers? This could include building up UN headquarters in places like Nairobi, where UNEP and UN-Habitat are located, and which is more affordable than, say, Geneva or New York.

Shifting programmatic work to the UN regional commission headquarters in places like Chile, Ethiopia, and Thailand may also save money. In Europe, it may be worth considering whether there are less expensive options than Geneva or Paris (both in the top ten cities globally for costs), compared with, say, Bonn, where the UN’s climate secretariat, the UN Convention to Combat Desertification and some smaller UN bodies such as UN Volunteers, are located.

Even within specific areas like the UN’s climate change work, there are multiple mandates, overlaps, and ongoing questions. Should the UN’s climate secretariat in Bonn be brought under the umbrella of the UN Environment Programme, for instance?

The UNFCCC has a policy-making mandate, but can the scope and scale of the UN negotiations on climate change be pared back, especially now we are supposed to be largely finished with negotiations and focused on implementation?

For instance, could we change how the annual UN climate summits (also known as “COPs”) are organized, so that the “Blue Zone”, which is the UN-controlled area set aside for diplomatic negotiations, incorporates the Action Agenda of Implementation, a voluntary initiative launched in 2021 that includes a broader group of stakeholders. This might be more inclusive, and could help us move away from the technical, government-to-government negotiations that we are supposed to have largely concluded by now.

The UN climate treaty (UNFCCC) is also the only so-called “Rio” treaty (the others deal with biodiversity and desertification) not under UNEP’s purview. Bringing the UNFCCC under UNEP would enable better coordination between the Rio Conventions and move towards the clustering of environmental conventions. This was actually proposed as far back as the 2002 World Summit on Sustainable Development.

UNEP has prior experience in working to better coordinate among different environmental treaties: it oversaw the clustering of the various chemical-related conventions and the beginning of the clustering of the biodiversity-related treaties, too. If UNEP was empowered to coordinate the chemicals, biodiversity and climate conventions, it could save funds and ensure better and more effective delivery.

Elsewhere, what about merging UNAIDS (the UN program on HIV/AIDS) within a large body, like the World Health Organization or UN Development Programme? A fit with the WHO seems particularly logical to us. Should UN Women and the UN Population Fund (UNFPA) also join together? Again, this may bring internal difficulties, but in times of financial duress it seems worthy of consideration.

The idea of better coordination between UNEP and UN-Habitat on sustainable urban development also seems rational. Could this be taken a step further into a merger? UN-Habitat was once part of UNDP, but nowadays it focuses a lot on sustainable development at the local level. This is an important task, but can it have the impact it needs as a smallish, standalone programme, or would it be better off inside a bigger entity?

 

Making the SDGs Sustainable

Although this review doesn’t seem to be focused on the bodies that govern UN entities, we would like to see a review in this area. Perhaps the new UN Secretary-General, who is due to be named in 2026 and start work in 2027, could look at these bodies as a part of a high-level panel? Such an outcome could be part of the review of the Sustainable Development Agenda, which is slated to start in 2027 in the lead-up to the Sustainable Development Goals (SDG) Summit in 2030.

There are also questions to be asked about whether the UN High-Level Political Forum is fit for purpose? As the UN’s chief platform for monitoring and assessing implementation of the SDGs, the HLPF seems to have lost political support over the past few years.

In part, this is because its policymaking is predominantly done before the “main event” in July, meaning stakeholders have great difficulty attending and engaging with government delegates while the detailed work is being done.

Before the HLPF was established in 2013, the previous UN body responsible for sustainable development was the UN Commission on Sustainable Development (CSD). Its preparatory policymaking occurred over two weeks every February or March, before it met again in April, May, or June to finalize policy. It had an approach of reviewing the implementation and the policy year, centered on developing recommendations and strategies to overcome challenges.

Perhaps this model might be a better one? Or perhaps a Council of the UN General Assembly similar to the Human Rights Council should be considered? This may be too “in the weeds” for the Secretary-General’s UN80 review to take on, but the process of reviewing the 2030 Agenda for Sustainable Development in the coming years should certainly look at these two options.

In the meantime, we hope the UN Secretary-General will use this moment of financial duress as an opportunity to revitalize the organization, take the hard decisions needed, and leave the UN leaner, more effective, and more fit-for-purpose when he departs in late 2026 than when he took on the role back in 2017. In this increasingly complex and insecure world, a leaner, more focused and politically-supported UN can and should take a leading role not only in addressing key challenges in the years ahead, but in pursuing its long-term vision of a more sustainable, just and fair world for all.

 

Prof. Felix Dodds and Chris Spence have participated in UN negotiations on the environment and sustainable development since the 1990s. They co-edited Heroes of Environmental Diplomacy: Profiles in Courage (Routledge, 2022). Their next book, Environmental Lobbying at the United Nations: A Guide to Protecting Our Planet, is scheduled for release in June 2025.

Excerpt:

While it may be difficult and painful, the UN Secretary-General is right to embrace change, believe Prof. Felix Dodds and Chris Spence

How Mangroves Save Lives, Livelihoods of Bangladesh Coastal Communities

New mangroves have been created in various areas to reduce climate change risks in Badamtoli village of Dakop upazila (sub-district) of Khulna district. Credit: Rafiqul Islam Montu/IPS

New mangroves have been created in various areas to reduce climate change risks in Badamtoli village of Dakop upazila (sub-district) of Khulna district. Credit: Rafiqul Islam Montu/IPS

By Rafiqul Islam Montu
SHYAMNAGAR, Bangladesh , May 16 2025 – Golenur Begum has faced 12 cyclones in her life. As a child, she witnessed her father’s house destroyed, and as an adult, she watched her home smashed. Saltwater brought by the tidal surges that accompanied the cyclones wrecked their farms and livelihoods.  And with climate change, these impacts are becoming more intense and frequent.

“Sixteen years ago, in 2009, my house was washed away by Cyclone Aila. At first, we sheltered on a raised dirt road near our house. After the road was submerged, we rushed to a shelter two kilometers from the village to save our lives. The next day, when we returned to the village, we saw that many more houses had been destroyed. Shrimp farms, vegetable fields, chicken farms, and ponds submerged in salt water,” Golenur (48), who lives in Sinhartoli village, remembers.

She is not alone. Sahara Begum (32), Rokeya Begum (45), and Anguri Bibi (44), from the same village, spoke of the same crisis.

New mangrove in front of Golenur Begum's house in Singhahartali village of Shyamnagar upazila (sub-district) of Satkhira district. Credit: Rafiqul Islam Montu/IPS

A new mangrove in front of Golenur Begum’s house in Singhahartali village of Shyamnagar upazila (sub-district) of Satkhira district. Credit: Rafiqul Islam Montu/IPS

 

Neelima Mandal showing the mangrove in front of her house in Chunkuri village of Shyamnagar upazila (sub-district) of Satkhira district. Credit: Rafiqul Islam Montu/IPS

Neelima Mandal points to the mangrove in front of her house in Chunkuri village of Shyamnagar upazila (sub-district) of Satkhira district. Credit: Rafiqul Islam Montu/IPS

Climate-vulnerable Sinharatoli village is part of Munshiganj Union of Shyamnagar Upazila (sub-district) in the Satkhira district in southwestern Bangladesh. The Malanch River flows past the village.

On the other side of the river is the World Heritage Sundarbans—a mangrove forest area in the Ganges Delta formed by the confluence of the Ganges, Brahmaputra, and Meghna Rivers in the Bay of Bengal.

Most of the people in the villages along the Malanch River lost their livelihoods and homes due to Cyclone Aila. Not only Aila—Golenur has faced 12 cyclones.

Neelima Mandal, 40, of Chunkuri village, a village adjacent to the Sundarbans, says, “Due to frequent cyclones, the embankments on the riverbank collapsed. The tidal water of the Malanch River used to enter our houses directly. As a result, both our livelihoods and lives were in crisis.”

The southwestern coast of Bangladesh is facing many crises due to climate change. The people of this region are very familiar with the effects of tides, cyclones, and salinity. They survive by adapting to these dangers. But, despite their resilience, there are not enough strong embankments in this region. Although embankments were built in the 1960s, they are mostly weak. If cyclones become more intense with a changing climate, people’s lives will be even more affected.

New mangroves protect houses at risk of climate change on the embankment in Chunkuri village of Shyamnagar upazila (sub-district) of Satkhira district. PCredit: Rafiqul Islam Montu/IPS

New mangroves protect houses at risk of climate change on the embankment in Chunkuri village of Shyamnagar upazila (sub-district) of Satkhira district. Credit: Rafiqul Islam Montu/IPS

 

What kind of benefits are the villagers getting from the newly created mangrove forest? This graph shows the results of the opinions gathered from 100 people from villages near the Sundarbans. Graph: Rafiqul Islam Montu/IPS

What kind of benefits are the villagers getting from the newly created mangrove forest? This graph shows the results of the opinions gathered from 100 people from villages near the Sundarbans. Graph: Rafiqul Islam Montu/IPS

Despite the mangrove-rich Sundarbans, which include four enlisted and protected areas by UNESCO, which should protect them, the southwestern coastal districts of Bangladesh. The Sundarbans themselves are also facing a crisis due to frequent cyclones. The 2007 cyclone Sidr caused extensive damage, which took several years to recover from. According to a study by the Change Initiative, dense forest covered 94.2 percent of the Sundarbans in 1973. In 2024, it had decreased to 91.5 percent. The people of this region face extreme events during the cyclone season when the tide height reaches up to 3 meters (10 feet).

Mangrove Wall for Vulnerable Communities

In 2013 the women in this community began building a mangrove wall—a sign that they were not going to let the climate dictate their future.

The wall now stands where the water from the storm surge entered Golenur’s house during Cyclone Sidr in 2007 and Cyclone Aila in 2009. Now she does not have to worry about her livelihood and home as much. Apart from protection from natural hazards, the forest provides her with many other economic benefits.

“When we started planting mangrove seedlings here, the entire area was devoid of trees. Tidal water once submerged the area. In a few years, a mangrove forest has formed in the vacant space. More than 500 people from about 100 houses in the village are now free from natural hazards,” says Golenur.

A mangrove safety wall now also covers Chunkuri village, which was similarly vulnerable. The villagers take care of the mangroves and benefit from them.

Many women in Banishanta village of Dakop upazila (sub-district) of Khulna district are happy and financially better off after starting a mangrove nursery. Credit: Rafiqul Islam Montu/IPS

Many women in Banishanta village of Dakop upazila (sub-district) of Khulna district are happy and financially better off after starting a mangrove nursery. Credit: Rafiqul Islam Montu/IPS

 

Abandoned seeds floating from the Sundarbans are being processed into seedlings in the nursery. Here at Namita Mondal's nursery in Dhangmari village of Dakop upazila (sub-district) of Khulna district. Credit: Rafiqul Islam Montu/IPS

Abandoned seeds floating from the Sundarbans are processed into seedlings in the nursery at Namita Mondal’s nursery in Dhangmari village of Dakop upazila (sub-district) of Khulna district. Credit: Rafiqul Islam Montu/IPS

“Mangroves help us secure our livelihood. We can collect fodder for our cattle from the forest. Mangroves help us reduce heat,” added Sabitri Mondal, a resident of Chunkuri village.

Various organizations, including the Bangladesh Resource Council of Indigenous Knowledge (BARCIK), Bangladesh Environment and Development Society (BEDS), and Friendship, are working to restore mangroves in different parts of Khulna, Satkhira, and Bagerhat districts.

Since 2008, BARCIK has planted 1,800 mangrove trees in coastal villages, including Koikhali, Burigoalini, Munshiganj, Gabura, Padmapukur, and Atulia in the Shyamnagar upazila of Satkhira. BEDS has planted over one million mangrove saplings in 146.55 hectares of land in Shyamnagar, Satkhira, and Dakop, Khulna, since 2013.

Maksudur Rahman, CEO of BEDS, says, ‘To save mangroves, we need to involve the local community. If we can provide alternative livelihoods to the local community, the mangroves will also be saved and the people will be protected. The initiative that we have been continuing since 2013 is already reaping the benefits of the community.’

Abandoned seeds are a source of livelihood

“The mangrove nursery is now the driving force of my family. The income from the nursery is what keeps my family going. My husband and I no longer have to go to the risky Sundarbans to catch fish and crabs. Alternative livelihoods have made my life safer,’ said Namita Mandal of Dhangmari village in Dakop upazila of Khulna district.

Women are planting mangrove seedlings in Dakop upazila (sub-district) of Khulna district. Credit: Rafiqul Islam Montu/IPS

Women plant mangrove seedlings in Dakop upazila (sub-district) of Khulna district. Credit: Rafiqul Islam Montu/IPS

 

Namita Mandal busy maintaining a mangrove nursery in Dhangmari village in Dakop upazila (sub-district) of Khulna district. Credit: Rafiqul Islam Montu/IPS

Namita Mandal maintains a mangrove nursery in Dhangmari village in Dakop upazila (sub-district) of Khulna district. Credit: Rafiqul Islam Montu/IPS

The mangrove seeds are a source of livelihood for women in villages near the Sundarbans. Once upon a time, families used to wait for seeds and leaves that floated from the Sundarbans to cook. They would dry them and save them for cooking. But many women like Namita have started nurseries with those abandoned seeds. Seedlings are being grown in the nursery from the seeds and new mangroves are being formed from those seedlings. Many more women in villages near the Sundarbans have chosen mangrove nurseries as a source of livelihood.

Seedlings suitable for mangroves are grown in the nursery. The tree species include keora (Sonneratia apetala), baen (Avicennia alba), gewa (Excoecaria agallocha), khulshi (Aegiceras corniculatum), kankra (Bruguiera gymnorrhiza), golpata (Nypa fruticans), and goran (Ceriops decandra). The seeds of these trees float down from the Sundarbans.

Her income from the nursery has increased significantly in the past few years. ‘I sold seedlings worth 50,000 taka ($426) in a year. My nursery has expanded. The number of employees has increased. In 2023, I sold seedlings worth about 4 lakh taka ($3,407) from my nursery to some clients, including the Bangladesh Forest Department, international NGO BRAC, and BEDS,’ added Namita.

Rakibul Hasan Siddiqui, Associate Professor at the Institute of Integrated Studies on Sundarbans Coastal Ecosystem, Khulna University, said, ‘The Sundarbans and its surrounding settlements are severely affected by rising sea levels and frequent cyclones in the Bay of Bengal. Sundarbans Restoration is helping to protect coastal residents from any kind of natural disaster.”
Note: This feature is published with the support of Open Society Foundations.

IPS UN Bureau Report

 


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