MDS Global garante parceria estratégica com a PlatformX Communications (PXC)

WARRINGTON, Reino Unido, March 26, 2025 (GLOBE NEWSWIRE) — A MDS Global, provedora líder de Business Support Systems (BSS) para operadoras digitais de telecomunicações, tem o prazer de anunciar uma nova parceria estratégica com a PlatformX Communications (PXC), principal provedora atacadista de soluções para conectividade, voz, nuvem e segurança do Reino Unido. Com este acordo histórico, a MDS Global continuará a oferecer sua Converged Monetisation Platform (CMP) líder do setor, como um serviço de monetização totalmente terceirizado de ponta a ponta para impulsionar a transformação digital e os objetivos de inovação ambiciosos da PXC.

Sob esta parceria, o CMP da MDS Global servirá como a única plataforma estratégica de faturamento atacadista para a PXC, apoiando seus planos de construir uma poderosa plataforma de agregação altnet, enquanto simplifica a infraestrutura de TI da PXC e funde múltiplos ambientes BSS. A plataforma otimiza as operações da PXC e traz automação de processos para reduzir custos operacionais, impulsionar a inovação e oferecer experiências digitais ao cliente.

Esta parceria é um testemunho do histórico da MDS Global em entregar valor e garantir operações eficazes e sem problemas. A decisão da PXC de estender esse relacionamento, após um longo histórico de parceria, demonstra a confiança deles no compromisso da MDS Global de alinhar–se com sua estratégia e ajudar a PXC a alcançar seus objetivos ambiciosos.

Phil Haslam, diretor de tecnologia da PXC, disse: “Nosso relacionamento com a MDS Global se estende por mais de duas décadas, e estamos felizes em renovar nosso acordo para fortalecer ainda mais nossa parceria. A MDS Converged Monetisation Platform nos permite simplificar nossa tecnologia e impulsionar a inovação, o que tem sido crucial em nossa jornada para nos tornarmos o principal provedor atacadista de conectividade do Reino Unido. Estamos ansiosos para continuar nossa colaboração bem–sucedida e alcançar novos marcos juntos.”

John Burton, CEO da MDS Global, comentou: “Estamos felizes em expandir nosso relacionamento de longa data com a PXC. A MDS Converged Monetisation Platform não só simplificará a arquitetura de TI da PXC, mas também impulsionará a inovação e a eficiência, reforçando ainda mais a posição de liderança da PXC no mercado atacadista de telecomunicações do Reino Unido. Esta parceria destaca nosso compromisso de trabalhar de perto com nossos clientes para oferecer soluções confiáveis que impulsionem o crescimento e a transformação digital”.

Sobre a PlatformX Communications (PXC)

A PlatformX Communications (PXC) é a principal provedora do Reino Unido de soluções inovadoras para conectividade, voz, nuvem e segurança, sustentado pela rede mais robusta, segura, resiliente e confiável do Reino Unido.

A PXC está posicionada de forma única com uma base de clientes escalada e parceiros diversificados de infraestrutura de fibra, impulsionada por uma rede nacional que cobre mais de 3.000 centrais, alcançando 98% de residências e empresas.

Nascida da combinação dos serviços atacadistas e do negócio de rede nacional da TalkTalk com a Virtual1, a profunda compreensão da PXC sobre os desafios enfrentados pelos participantes do mercado atacadista a capacita a apoiar de forma única todos os tipos de negócios.

Acesse: www.PXC.co.uk

Sobre a MDS Global

A MDS Global impulsiona operadoras digitais de telecomunicações para crescimento de receita, satisfação do cliente e redução de custos. Oferecemos Business Support Systems (BSS) líderes do setor, incluindo soluções para monetização, experiência do cliente, eSIM e inteligência de decisão impulsionada por IA projetadas para modelos de negócio B2B, B2C, B2B2X e IoT.

De MVNOs de sucesso como a iD Mobile a operadoras Tier–1 como a BT, nossas soluções altamente escaláveis e baseadas em nuvem impulsionam MVNOs, MVNEs, operadores de rede e provedores atacadistas em serviços móveis, fixos e convergentes.

Originalmente um MVNO B2B, contamos com mais de 35 anos de excelência em faturamento. Nossas equipes amigáveis e internacionais estão comprometidas com parcerias colaborativas de longo prazo que ajudam nossos clientes a ter sucesso. A MDS Global é uma empresa do Lumine Group (TSXV:LMN)

Acesse mdsglobal.com e siga–nos em linkedin.com/company/mdsglobal

Contato para mais informações

Corine Suscens
chefe de marketing global
[email protected]

As fotos que acompanham este anúncio estão disponíveis em:

https://www.globenewswire.com/NewsRoom/AttachmentNg/6fa94b87–7250–4c03–9be7–25e33ce798c8

https://www.globenewswire.com/NewsRoom/AttachmentNg/9efca876–29d9–4ac7–99bd–f703d62b148b


GLOBENEWSWIRE (Distribution ID 1001076232)

MDS Global conclut un partenariat stratégique avec PlatformX Communications (PXC)

WARRINGTON, Royaume–Uni, 26 mars 2025 (GLOBE NEWSWIRE) — MDS Global, l’un des principaux fournisseurs de systèmes de soutien aux entreprises (BSS) pour les opérateurs de télécommunications numériques, est ravi d’annoncer la conclusion d’un nouveau partenariat stratégique avec PlatformX Communications (PXC), premier fournisseur en gros de solutions de connectivité, de voix, de cloud et de sécurité au Royaume–Uni. Grâce à cet accord historique, MDS Global continuera de proposer sa plateforme de monétisation convergée (CMP) de pointe en tant que service de monétisation de bout en bout entièrement externalisé, afin d’accompagner les ambitieux objectifs de PXC en matière d’innovation et de transformation numérique.

Dans le cadre de ce partenariat, la plateforme CMP de MDS Global servira de plateforme stratégique unique de facturation de gros pour PXC. Elle soutiendra ainsi son projet de création d’une puissante plateforme d’agrégation d’altnets, tout en simplifiant l’infrastructure informatique de PXC et en fusionnant plusieurs environnements de BSS. En optimisant les opérations de PXC et en automatisant ses processus, la plateforme lui permet de réduire ses coûts opérationnels, de stimuler l’innovation et d’offrir des expériences client numériques.

La conclusion de ce partenariat témoigne de la capacité de MDS Global à générer de la valeur ajoutée et à garantir des opérations efficaces et fluides. La décision de PXC de prolonger cette relation, après un long historique de partenariat, témoigne de sa confiance dans l’engagement de MDS Global à s’aligner sur sa stratégie et à l’aider à atteindre ses ambitieux objectifs.

Phil Haslam, Directeur des techniques informatiques de PXC, a déclaré : « Notre relation avec MDS Global s’étend sur plus de 2 décennies et nous sommes ravis de renouveler notre accord afin de renforcer davantage encore notre partenariat. La plateforme de monétisation convergée de MDS nous permet de simplifier notre infrastructure technologique et de stimuler l’innovation, ce qui s’est avéré essentiel dans le parcours qui nous a amenés à devenir le premier fournisseur de connectivité de gros au Royaume–Uni. Nous sommes impatients de poursuivre notre fructueuse collaboration et de franchir ainsi de nouvelles étapes ensemble. »

John Burton, PDG de MDS Global, a commenté : « Nous sommes ravis de prolonger notre partenariat de longue date avec PXC. Non seulement la plateforme de monétisation convergée de MDS simplifiera l’architecture informatique de PXC, mais elle stimulera également l’innovation et l’efficacité au sein de l’entreprise, consolidant ainsi la position de leader de PXC sur le marché britannique des télécommunications de gros. Ce partenariat témoigne de notre engagement à collaborer de manière étroite avec nos clients afin de leur fournir des solutions fiables qui stimulent la croissance et la transformation numérique. »

À propos de PlatformX Communications (PXC)

PlatformX Communications (PXC) est le premier fournisseur britannique de solutions innovantes pour la connectivité, la voix, le cloud et la sécurité, toutes soutenues par le réseau le plus robuste, le plus sécurisé, le plus résilient et le plus fiable du Royaume–Uni.

Alimenté par un réseau national de plus de 3 000 centraux couvrant 98 % des foyers et des entreprises, PXC bénéficie d’une position unique en raison de sa clientèle élargie et de la diversité de ses partenaires d’infrastructure fibre.

Née de la combinaison des services de gros et du réseau national de TalkTalk avec Virtual1, la compréhension approfondie de PXC des problèmes auxquels sont confrontés les acteurs du marché de gros lui permet de soutenir de manière unique tous les types d’entreprises. 

Rendez–vous sur : www.PXC.co.uk

À propos de MDS Global

MDS Global accompagne les opérateurs de télécommunications numériques dans la croissance de leurs revenus, l’amélioration de leur satisfaction client, et la réduction de leurs coûts. Nous proposons des systèmes de soutien aux entreprises (BSS) de pointe, avec notamment des solutions de monétisation, d’expérience client, d’eSIM et d’intelligence décisionnelle basée sur l’IA, conçues pour les modèles économiques B2B, B2C, B2B2X et IoT.

Des MVNO performants, comme iD Mobile, aux opérateurs de premier plan, comme BT, nos solutions cloud hautement évolutives sont au service des MVNO, des MVNE, des opérateurs de réseau et des fournisseurs de services de gros pour les services mobiles, fixes et convergents.

Après avoir initialement exercé nos activités en tant que MVNO B2B, nous faisons à présent bénéficier nos clients de plus de 35 années d’excellence dans le domaine de la facturation. Nos équipes internationales et conviviales s’engagent à établir des partenariats à long terme fondés sur la collaboration afin d’assurer la réussite de nos clients. MDS Global est une société de Lumine Group (TSXV : LMN).

Rendez–vous sur mdsglobal.com et suivez–nous sur linkedin.com/company/mdsglobal

Contact pour tout complément d’information

Corine Suscens
Responsable du marketing mondial
[email protected]

Les photos jointes au présent communiqué sont disponibles aux adresses suivantes :

https://www.globenewswire.com/NewsRoom/AttachmentNg/6fa94b87–7250–4c03–9be7–25e33ce798c8

https://www.globenewswire.com/NewsRoom/AttachmentNg/9efca876–29d9–4ac7–99bd–f703d62b148b


GLOBENEWSWIRE (Distribution ID 1001076232)

Bitget Maintains 213% Reserve Ratio in March 2025 Proof-of-Reserves Update

VICTORIA, Seychelles, March 26, 2025 (GLOBE NEWSWIRE) — Bitget, the leading global cryptocurrency exchange, has released its latest proof–of–reserves report for March 2025, reaffirming its asset transparency and user fund security with a reserve ratio of 213%. The report, timestamped at 10:30 AM (UTC+8) on March 17, shows that the exchange holds more than double the users' total assets across BTC, ETH, USDT, and USDC.

The audit, supported by a 27–layer Merkle tree comprising over 37.8 million records, verifies that Bitget possesses sufficient assets to cover all user balances. This month's report highlights reserve ratios of 332% for BTC, 173% for USDT, 161% for ETH, and 198% for USDC, each significantly exceeding the 100% threshold required to meet user liabilities.

A reserve ratio exceeding 100% indicates that the platform holds more crypto assets in custody than its users collectively own, acting as a real–time solvency signal. The publication of this data follows increasing calls from both regulators and users for more frequent, mathematically verifiable disclosures from centralized exchanges.

By adopting cryptographic techniques such as the Merkle tree structure, Bitget enables users to independently verify their balances within the total liabilities without exposing personal account data. This method strengthens user trust by enabling public verification of platform solvency while preserving user privacy.

“Transparency must be consistent, not occasional. Exchanges carry an obligation to provide users with tools to verify that their funds are held securely and fully accounted for. Bitget’s latest reserve ratio is not just a metric—it’s a signal of operational clarity and a standard the industry should continuously uphold,” said Gracy Chen, CEO at Bitget.

As regulatory scrutiny intensifies and users become more discerning, frequent and transparent solvency proofs are becoming integral to the survival of centralized platforms. The latest data places Bitget ahead of many major exchanges in terms of capital buffers, offering a substantial margin of security in volatile market conditions.

With over 20,500 BTC, 197,500 ETH, 2 billion USDT, and 106 million USDC held in custody, Bitget’s holdings remain aligned with its broader objective to provide users with uninterrupted access to their digital assets. The latest Merkle root hash for March 2025—37a20f806f400dcd—can be used by users to confirm their account's inclusion in the reserve audit.

The March disclosure continues a monthly cycle of transparent reporting introduced by Bitget following industry–wide failures in 2022. With this sustained publication, the exchange reinforces its operational visibility and bolsters user confidence in custodial safety.

To view Bitget's Proof–of–Reserves, please visit here.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions while offering real–time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world–class multi–chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0f1afe99–dee9–403a–a014–543d1c47fd84


GLOBENEWSWIRE (Distribution ID 1001076212)

Saudi National Pavilion at London Design Biennale 2025: “Good Water” Invites Us to Rethink Our Relationship With Water

RIYADH, Saudi Arabia, March 26, 2025 (GLOBE NEWSWIRE) — Saudi Arabia returns to the London Design Biennale 2025 with an exhibition entitled Good Water, from 5–29 June 2025 at Somerset House. Commissioned by Saudi Arabia’s Architecture and Design Commission, this year’s pavilion is curated by design collective including Alaa Tarabzouni, Aziz Jamal, Dur Kattan and Fahad bin Naif, who bring together their multidisciplinary backgrounds in architecture, design and the arts, for an exhibition that questions, disrupts, and reimagines systems of access and distribution of water, and our relationship with it.

The curatorial concept of Good Water responds to this year’s theme for the London Design Biennale, ‘Surface Reflections’, which explores how ideas are fuelled by our internal experiences, external influences and personal histories. The Saudi Pavilion is defined by a sabeel – a free water fountain, a symbol of hospitality deeply rooted in the Saudi Arabian tradition. Traditionally, these fountains are scattered across the country, providing water to passersby embodying a communal ethos of generosity. Yet, within the context of this exhibition, the sabeel is no longer just a gesture of goodwill, but a question: Who pays for ‘free’ water? What does it truly cost? And, crucially, if the burden falls on someone else, does it not, in some form, cost everyone?

The sabeel, as a concept, carries a deep contradiction: while it offers water freely, the reality is that the water is not free at all. Every sip is made possible by a complex system of labour, energy, and economics. Potable water is extracted through costly processes, imported in plastic bottles, or transported through networks that demand maintenance and oversight. The cost is distributed across various actors – governments, corporations, workers – but ultimately, it is a cost that all must bear. Even those who do not pay for water directly still share in its long–term consequences. The sabeel in the pavilion, therefore, is more than a functional object: it is a symbol of interdependence. It highlights the tension between generosity and cost, between access and consequence.

The Saudi National Pavilion is a flagship initiative of the Architecture and Design Commission, supported by the Ministry of Culture, reflecting Saudi Arabia's commitment to contributing to international design discourse and promoting sustainable, innovative solutions.

The press kit is HERE.

For information contact:

Anastasia Lander
Pelham Communications
[email protected] 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f11301a5–c6f1–4cba–81d8–65b5bfcd50d3


GLOBENEWSWIRE (Distribution ID 9411242)

Two Hong Kong Restaurants Achieve Top 3 Status in Asia’s 50 Best Restaurants 2025

Celebrated chefs from Hong Kong who made it to the list of Asia’s 50 Best Restaurants 2025, with The Chairman and WING ranked 2nd and 3rd on the list. (Credit: The Forks & Spoons, Forklore)

HONG KONG, March 26, 2025 (GLOBE NEWSWIRE) — Hong Kong has solidified its position as a culinary powerhouse in Asia, boasting three spots in the top three of both Asia’s 50 Best Restaurants 2025 and Asia’s 50 Best Bars 2024. Asia’s 50 Best Restaurants 2025 were revealed at a ceremony in Seoul last night, Gaggan in Bangkok was named the best restaurant, while Hong Kong’s The Chairman and WING secured second and third places, respectively, each improving their standings from last year. Vicky Cheng, Chef and Owner of WING, also secured the coveted peer–voted Inedit Damm Chefs' Choice Award. The achievement caps a remarkable 12 months for Hong Kong’s gastronomy scene, which began when Hong Kong’s Bar Leone stunned the hospitality world by debuting at number 1 on Asia’s 50 Best Bars 2024, the first ever bar to do so.

Danny Yip, owner of The Chairman, elevates Chinese cuisine to fine dining, showcasing its rich flavours and artistry. (Credit: The Chairman & Asia’s 50 Best Restaurants)

Danny Yip, owner of The Chairman, said: “I would like to dedicate this recognition to everyone in Chinese restaurants who harness the beauty of Chinese cuisine to connect with friends from all corners of the globe. We're thrilled to share our culinary journey on the international stage, inspiring others to explore the richness of our cuisine and the vibrant essence of Hong Kong's dining scene.”

Vicky Cheng, Executive Chef and Owner of WING, invites diners to experience the perfect fusion of flavours, where Chinese culinary art meets French fine dining. (Credit: WING)

Vicky Cheng, Chef and Owner of WING, said: “Being recognised among the best restaurants in Asia is an incredible honour for our team and a reflection of our commitment to pushing culinary boundaries, and we are proud to contribute to Hong Kong’s rich culinary tapestry. We are excited to share our culinary story on such a prestigious stage, and this recognition fuels our passion to explore new gastronomic horizons.”

Hong Kong has long been renowned by global gourmands and culinary tastemakers as one of the world’s great gastronomic cities, known for its incredible breadth and depth of restaurants and cuisines. This latest recognition underscores Hong Kong’s position as one of the world’s best cities for food and drink enthusiasts, with a hospitality scene that continues to go from strength to strength and that remains at the forefront of creativity and innovation.

Hong Kong’s success at Asia’s 50 Best Restaurants and Bars firmly establishes the city as a premier destination for gastronomic excellence. With The Chairman, WING and Bar Leone leading the way, the city showcases an unparalleled richness in culinary artistry and innovation. Food and beverage enthusiasts from around the world are encouraged to immerse themselves in the city’s vibrant dining scene, exploring the celebrated establishments that make Hong Kong a true gastronomic haven.

Looking ahead, Hong Kong will also host the World’s 50 Best Bars 2025 for the first time on 8 October, at the iconic Kai Tak Cruise Terminal, ensuring that this extraordinary year will further elevate the city’s reputation in the hospitality world.

Key points at a glance:

  • Top Rankings for Hong Kong Establishments: 3 establishments from Hong Kong are currently ranked in the top 3 of Asia’s 50 Best Restaurants 2025 and Asia’s 50 Best Bars 2024: The Chairman at no. 2 and WING at no. 3 for restaurants, along with Bar Leone, which holds the top spot at no. 1 for bars. This remarkable achievement solidifies the city’s reputation as one of the world’s great gastronomy hubs.
  • Additional Honorees in Asia’s 50 Best Lists: A number of the city’s other establishments hold spots on current Asia’s 50 Best lists. Asia’s 50 Best Restaurants 2025 includes 7 Hong Kong Restaurants: The Chairman (no. 2), WING (no. 3), Caprice (no. 18), Neighborhood (no. 21), MONO (no. 24), Estro (no. 32) and Andō (no. 41) while the 51–100 long list features VEA (no. 53), Xin Rong Ji (no. 56), Testina (no. 60), Ta Vie (no. 64), Feuille (no. 93), and 8 1/2 Otto E Mezzo Bombana (no. 94).
  • Recognition of Hong Kong Bars: Including the top–ranked Bar Leone, Asia’s 50 Best Bars 2024 includes 9 Hong Kong bars: three–time number one COA (no. 4), ARGO (no. 9), The Aubrey (no. 10), Darkside (no. 17), The Savory Project (no. 19), Penicillin (no. 24), Quinary (no. 26), and Mostly Harmless (no. 45).
  • About 50 Best: 50 Best is one of the world’s leading authorities on international hospitality, showcasing worldwide trends and highlighting great restaurants and bars from all corners of the globe. The annual lists are compiled by votes by local industry tastemakers, and celebrate excellence in gastronomy, from innovative dishes to exceptional beverages.

Media can download photos at the following link:

Asia’s 50 Best Restaurants 2025 Asia’s 50 Best Bars 2024
Restaurant Photos:
https://drive.google.com/drive/folders/1D7Iks5GeE7N9O–aEIXmSG5y4wRBwAQLO?usp=sharing
Bars Photos:
https://drive.google.com/drive/folders/1u6Gyzyssrbt0UsQICkgmOz4cYuq8VYNv?usp=sharing
Ceremony Photos and Press Materials from 50 Best:
https://mediacentre.theworlds50best.com/#/hierarchies/Media%20Centre/Asia's%2050%20Best%20Restaurants
Ceremony Photos and Press Materials from 50 Best: https://mediacentre.theworlds50best.com/#/hierarchies/Media%20Centre/Asia's%2050%20Best%20Bars


For media enquiries, please contact:

Ms. Holly Chan
Tel: 2807 6206
Email: [email protected] 
Ms. Natalie Chan
Tel: 2807 6216
Email: [email protected] 
   

Photos accompanying this announcement are available at: 
https://www.globenewswire.com/NewsRoom/AttachmentNg/bab98761–0ce8–410f–b083–ad5103315369

https://www.globenewswire.com/NewsRoom/AttachmentNg/d7424af8–5479–483f–95ef–498542df94bb

https://www.globenewswire.com/NewsRoom/AttachmentNg/5d71b189–dbb0–4269–a49e–46b47debaabd


GLOBENEWSWIRE (Distribution ID 9411213)

Bitget Shifts Gears with Porsche Cup Brasil Sponsorship with Driver Flávio Sampaio

VICTORIA, Seychelles, March 26, 2025 (GLOBE NEWSWIRE) — Bitget, the leading global cryptocurrency exchange, is set to accelerate its presence in the motorsport world as the official sponsor of Driver Flávio Sampaio for the Porsche Cup Brasil 2025. The partnership, which kicks off with the season’s opening race in April 2025, symbolizes the convergence of the on–going financial evolution, and the adrenaline–fueled world of motorsport.

The collaboration sets Bitget with Porsche’s legacy of precision and speed, creating a partnership that resonates with both crypto enthusiasts and motorsport fans. The sponsorship of driver Flávio Sampaio in the 2025 Porsche Carrera Cup Brazil season is supported by Bitget's mission of bringing together sports and crypto.

The championship kicked off on March 22nd and 23rd at the Velocitta in Mogi Guaçu and will continue through November, with the final stage scheduled for the 8th and 9th in Interlagos, São Paulo. With its support for Flávio, Bitget becomes the first crypto exchange to participate in the competition and will have its own car in Latin America's largest Grand Touring category.

In the past, Bitget also had a successful partnership with Argentina's star Lionel Messi from 2022 to 2024 and previously sponsored Juventus’ women's football team in Italy. Currently, it also supports other major sports projects, such as Turkish athlete Buse Tosun Çavuşoğlu (world wrestling champion), Samet Gümüş (gold medalist in boxing), and İlkin Aydın (national volleyball team athlete).

Flávio Sampaio, commented on the partnership, saying, “I am very excited about this partnership with Bitget and hope to help spark interest among motorsport fans in the world of cryptocurrencies. The profile of sports fans often has similarities with that of crypto investors. I believe we can create an interesting connection between these two worlds.”

Flávio Sampaio began his career in karting at the age of 12 and competed in major state and national championships until 2001. In 2007, he was invited to participate in Stock Jr., the feeder category for Stock Car. In 2008, he joined ATW Racing in Stock Light. In 2010, he was invited to compete in the Mini Cooper Challenge category, and in 2014, he moved to the GT3 Challenge.

This partnership is a Porsche 911 GT3 Cup wrapped in Bitget’s signature black–and–cyan livery, embodying the exchange’s commitment to speed, reliability, and performance. With a roaring 510CV engine, the car serves as a metaphor for Bitget’s high–performance trading engine, designed to deliver unmatched efficiency and results.

“This partnership isn’t just about speed on the track—it’s about accelerating innovation in the crypto space,” said Gracy Chen, CEO at Bitget. “We find that Flavio's sportsmanship also dwells on the same principles that drive Bitget: strategy, adaptability, and high–performance execution. Aligning with a motorsport professional for a series known for its precision and competitiveness allows us to engage with an audience that values both technological advancement and calculated risk–taking.”

The Porsche Cup Brasil is the ideal setting for Bitget to engage with a discerning audience, since it draws Brazil's top motorsport aficionados and sports–centric enthusiasts. Among the unique experiences attendees will have is access to the Paddock Terrace, where timing screens and real–time race radios provide an immersive perspective of the action. Bitget's VIP visitors will also be able to meet drivers, tour the pit lane, and take part in Porsche Experience Rides where they will ride shotgun with professional drivers in Bitget–branded helmets.

Brazil is experiencing a notable surge in cryptocurrency adoption, with over 40 million users, which positions the country as a key market for Bitget’s expansion. By partnering with Driver Flávio Sampaio in the Porsche, Bitget strengthens its local presence and reinforces its global reputation as the top emerging crypto brand. The sponsorship shows Bitget’s ability to connect with diverse audiences, from crypto traders to motorsport enthusiasts, through shared values of innovation and performance.

As engines roar and markets surge, Bitget, and Porsche Cup Brasil are set to redefine what it means to blend speed with substance. This partnership merges excitement and anticipation, driving the future of finance and motorsport with Bitget set to lead.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions while offering real–time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world–class multi–chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aeb5ea1c–7b55–47c1–879e–64bebd0cae6d


GLOBENEWSWIRE (Distribution ID 1001076125)

African Diaspora Exhibition Showcases Transformative Solidarity and the Legacy of Slavery

Francks Deceus’ Carib-Olympics at The Stories of Us exhibition at the United Nations Headquarters. Credit: Oritro Karim/IPS

By Oritro Karim
UNITED NATIONS, Mar 26 2025 – Ahead of the International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade on March 24, the United Nations (UN) unveiled a new exhibition examining the themes of equality and transformative solidarity in the context of the African diaspora.

The Stories of Us, curated by the organization of the same name and the UN Outreach Programme on the Transatlantic Slave Trade and Slavery, features a series of sculptures by the artists Alanis Forde, Francks Deceus, Láolú, Leasho Johnson and Marryam Moma.
The objective of the exhibition was to showcase the importance of inclusivity, culture, progress, and freedom from the perspective of Afro-descendent artists. The history of the transatlantic slave trade, its ramifications, as well as the enduring racism and discrimination that stifles an inclusive future are some of the essential themes in this collection. The sculpture exhibition is open to all visitors in UN Headquarters in New York City until 25 April.

Nigerian artist Láolú explores the origins of the African diaspora, particularly the Yoruba culture, in the sculpture Afromations. This monochromatic piece depicts a series of figures stylized to resemble traditional Yoruba paintings alongside various symbols including eyes, hearts, and a drum.

Additionally, phrases such as “talented”, “beautiful”, “not like us”, “purpose” and “courage” are incorporated in this piece to describe the African diaspora. According to Láolú, this piece is not only a celebration of the Black identity and its origins, but also a response to the loss of culture as a result of racism.

Afromations by Láolú. Credit: Oritro Karim/IPS

“This has become a very important part of my consciousness since I started living outside of West Africa, where I had never experienced the everyday prejudice that exists elsewhere. The memories of those who have become ancestors too soon call on us to stand for and with one another to demand and work for change. In many ways, this sculpture is inspired by our ancestors,” said Láolú

Tanzanian-Nigerian artist Marryam Moma’s sculpture Melanin Machina focuses on themes of technological advancement and community. Several images of people of African descent who have occupied culturally significant roles throughout history can be seen in the piece, including John Lewis, Lauren Tate Baeza, and sisters Zoey and Nola Jones.

These figures are depicted in robotic suits, along a circuit board backdrop and additional computerized elements. It is apparent that the figures are inextricable from the suits, which is a metaphor for the advancement of technology being permanently ingrained in humanity. A multitude of golden symbols can be seen throughout the piece, symbolizing prosperity.

Ashley Shaw Scott Adjaye, the co-founder of The Stories of Us, opined that the piece showcases the hope and uncertainty that technological advancement brings. Adjaye and our IPS correspondent agreed that Melanin Machina shows the dangers of over-reliance on technology as well as an endless array of possibilities for progress.

“The subjects are presented as hybrid forms that embrace technological advances, while prioritising our health, well-being and security. There is often a lot of fear when it comes to technology and how rapidly it is changing the world. In this moment of transformation, we have to embrace and direct technology so that it serves us. Technology is not our master, but we must master it as a tool of human advancement,” said Moma.

Leasho Johnson’s sculpture, Man Standing in a Cane Field, explores the theme of emancipation, with a specific focus on the abolition of slavery in the Americas. The piece features three different abstract portraits, all depicting the different experiences of enslaved Black people.

The first of these portraits depicts the silhouette of a man standing in a thicket of sugar canes. “It is a man, but not quite belonging to himself-the body is a property of industry”, Johnson explained. This portrait shows the exploitation of Black bodies, as well as his lack of autonomy. Additionally, this portion of the sculpture emphasizes the importance of the remembrance of slavery and the decades of strife among people of African descent.

The second portrait shows a man emerging from a cane field, yet finding it difficult to fully disconnect. This symbolizes the difficulty of processing generational trauma and advancing in life. “Even in looking back, he’s still carrying that history with him. It speaks to the journey of transformation that is never immediate- it is an emergence. It is processing and facing the past, in order to move forward”, said Johnson.

The third portrait in this sculpture was inspired by the dancehall artist King Yellowman, depicting a man struggling with health issues, poverty, and discrimination surrounding his albinism. Adjaye remarked to our IPS correspondent that the depiction of the man’s jaw was particularly jarring as it contrasted with the rest of the sculpture and was an immediate point of attention.

This portion shows the repercussions of slavery and the innate value of a person despite immense hardship. Johnson hopes for viewers to take the time to look beyond the surface when looking at themselves and others. “And yet I see (King Yellowman) as someone that erupts with inner value and strength that you experience in how his music creates space for joy, irreverence and the awakening of our bodies – for people to become something more than they are. For me, he is the embodiment of our ability as people to transcend what the stereotypes and current realities expect of us, rooted in our dignity and self-worth,” Johnson said.

Alanis Forde’s sculpture Infinite Journey focuses on themes of personal growth in relation to transformative solidarity. This piece depicts a self-portrait of Forde in which she is lying down and staring at her phone, illustrating the positive aspects of technology and digitization.

Forde is drawn to have several sets of arms and several flowers erupting from her hair. According to Forde, the flowers are representative of her home country, Barbados. Additionally, Forde’s use of pointillism for the subject’s skin and hair establishes the subject as organic and intertwined with both nature and technology. Forde added that this was done to represent “cellular changes” that occur within us all.

“For me the blue dots and transformations have meant both self realisation and the use of an organic armour, of scales, that help me thrive in different settings – speaking to the transformation I also experience as I leave and come back to Barbados. Sometimes we are one thing in one space and something else in another. How can we be our authentic, best selves in all spaces? The digital world allows us to explore that,” said Forde.

Infinite Journey by Alanis Forde. Credit: Oritro Karim/IPS

The final piece in this exhibition is from Haitian artist Francks Deceus, titled Carib-Olympics. This sculpture examines the concept of “Good Trouble”, which “honors global efforts to assert humanity”. It depicts a group of swimmers participating in an Olympics-style swimming race, with a Haitian swimmer at the lead. Swimmers from other nations follow behind.

This represents both the Haitian revolution and the desire for nations with a primarily Black population to achieve economic and social progress. A significant portion of the sculpture depicts several yellow lifesavers, which Adjaye interprets as a representation of international humanitarian aid, which is often unsuccessful in truly advancing development for nations, and rather act as obstacles. Deceus, although open to this interpretation, stated that the yellow lifesavers are representative of the international pressure that unbalanced power dynamics put on people of color.

Deceus told our IPS correspondent that the pool water in this sculpture is “definitely rough ocean water”, representing the struggle for these nations to not only stay afloat but to thrive. Additionally, this acts as a nod to the transatlantic slave trade and the generations that descended from enslaved populations that were brought to colonized lands.

“Haiti has repeatedly been dealt a difficult hand. The historic enslavement of its people left the new independent nation unbearably poor. But this painting reminds us that anything is achievable if we pull together and come together, under one banner,” Deceus explained. “The swimming pool shows that when the barriers of segregation come down and there is opportunity, breakthrough success follows…And even as we have shared direction, we have our shared journeys, and it is through the learning of those different experiences that we discover empathy and solidarity”.

IPS UN Bureau Report

 


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FDA Issues Nyxoah an Approvable Letter for its Genio® System

INSIDE INFORMATION
REGULATED INFORMATION

FDA Issues Nyxoah an Approvable Letter for its Genio® System

Mont–Saint–Guibert, Belgium – March 26, 2025, 8:00am CET / 3:00am ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) (“Nyxoah” or the “Company”), that develops breakthrough treatment alternatives for Obstructive Sleep Apnea (OSA) through neuromodulation, today announced that the U.S. Food and Drug Administration (FDA) has issued an Approvable Letter regarding the Company's Pre–Market Approval (PMA) application for the Genio® system.

The Approvable Letter means that Nyxoah’s application for marketing the device in the United States substantially meets the requirements of the Federal Food, Drug and Cosmetic Act and the FDA’s PMA implementing regulations codified at 21 C.F.R. Part 814, and the FDA will approve the application subject to satisfactory completion of a manufacturing facilities, methods and controls review. The Company will work closely with the FDA to address these requests and is committed to bringing this innovative therapy to U.S. patients.

“The FDA has reviewed our submission and determined that it substantially meets the requirements for approval: the FDA’s Approvable Letter included no further questions on the clinical data or biocompatibility that support the submission,” commented Olivier Taelman, Nyxoah’s Chief Executive Officer. “We are still on the right track to make Genio available to U.S. patients suffering from OSA.”

This decision does not impact Genio's CE Mark or ongoing commercial activities in Europe, where the device is approved for both Complete Concentric Collapse (CCC) and non–CCC patients.

About Nyxoah
Nyxoah is a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA). Nyxoah’s lead solution is the Genio® system, a patient–centered, leadless and battery–free hypoglossal neurostimulation therapy for OSA, the world’s most common sleep disordered breathing condition that is associated with increased mortality risk and cardiovascular comorbidities. Nyxoah is driven by the vision that OSA patients should enjoy restful nights and feel enabled to live their life to its fullest. 

Following the successful completion of the BLAST OSA study, the Genio® system received its European CE Mark in 2019. Nyxoah completed two successful IPOs: on Euronext Brussels in September 2020 and NASDAQ in July 2021. Following the positive outcomes of the BETTER SLEEP study, Nyxoah received CE mark approval for the expansion of its therapeutic indications to Complete Concentric Collapse (CCC) patients, currently contraindicated in competitors’ therapy. Additionally, the Company announced positive outcomes from the DREAM IDE pivotal study.

For more information, please visit http://www.nyxoah.com/.

Caution – CE marked since 2019. Investigational device in the United States. Limited by U.S. federal law to investigational use in the United States.

FORWARD–LOOKING STATEMENTS

Certain statements, beliefs and opinions in this press release are forward–looking, which reflect the Company’s or, as appropriate, the Company directors’ or managements’ current expectations regarding  the Genio® system; planned and ongoing clinical studies of the Genio® system; the potential advantages of the Genio® system; Nyxoah’s goals with respect to the development, regulatory pathway and potential use of the Genio® system; the utility of clinical data in potentially obtaining FDA approval of the Genio® system; the satisfactory completion of a manufacturing facilities, methods and controls review and receipt of FDA approval; entrance to the U.S. market; and the Company's results of operations, financial condition, liquidity, performance, prospects, growth and strategies. By their nature, forward–looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from those expressed or implied by the forward–looking statements. These risks, uncertainties, assumptions and factors could adversely affect the outcome and financial effects of the plans and events described herein. Additionally, these risks and uncertainties include, but are not limited to, the risks and uncertainties set forth in the “Risk Factors” section of the Company’s Annual Report on Form 20–F for the year ended December 31, 2024, filed with the Securities and Exchange Commission (“SEC”) on March 20, 2025, and subsequent reports that the Company files with the SEC. A multitude of factors including, but not limited to, changes in demand, competition and technology, can cause actual events, performance or results to differ significantly from any anticipated development. Forward looking statements contained in this press release regarding past trends or activities are not guarantees of future performance and should not be taken as a representation that such trends or activities will continue in the future. In addition, even if actual results or developments are consistent with the forward–looking statements contained in this press release, those results or developments may not be indicative of results or developments in future periods. No representations and warranties are made as to the accuracy or fairness of such forward–looking statements. As a result, the Company expressly disclaims any obligation or undertaking to release any updates or revisions to any forward–looking statements in this press release as a result of any change in expectations or any change in events, conditions, assumptions or circumstances on which these forward–looking statements are based, except if specifically required to do so by law or regulation. Neither the Company nor its advisers or representatives nor any of its subsidiary undertakings or any such person's officers or employees guarantees that the assumptions underlying such forward–looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward–looking statements contained in this press release or the actual occurrence of the forecasted developments. You should not place undue reliance on forward–looking statements, which speak only as of the date of this press release.

Contacts:

Nyxoah
John Landry, CFO
[email protected]

For Media
In United States
FINN Partners – Alyssa Paldo
[email protected]

In International/Germany
MC Services – Anne Hennecke
nyxoah@mc–services.eu

In Belgium/France
Backstage Communication – Gunther De Backer
[email protected]

Attachment


GLOBENEWSWIRE (Distribution ID 1001076080)

La FDA Délivre à Nyxoah une Lettre d'Approuvabilité pour son système Genio®

 

INFORMATIONS PRIVILÉGIÉES
INFORMATIONS RÉGLEMENTÉES

La FDA Délivre à Nyxoah une Lettre d'Approuvabilité pour son Système Genio®

Mont–Saint–Guibert, Belgique – 26 mars 2025, 8h00 CET / 3h00 ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) (« Nyxoah » ou la « Société »), une société de technologie médicale développant des alternatives thérapeutiques innovantes pour l'apnée obstructive du sommeil (AOS) par la neuromodulation, a annoncé aujourd'hui que la Food and Drug Administration (FDA) des États–Unis a émis une lettre d'approuvabilité (Approvable Letter) concernant la demande d'autorisation préalable à la mise sur le marché (PMA) de la société pour le système Genio®.

La lettre d'approuvabilité (Approvable Letter) signifie que la demande de Nyxoah pour la commercialisation du dispositif aux États–Unis répond en grande partie aux exigences de la loi fédérale sur les aliments, les médicaments et les cosmétiques (Federal Food, Drug and Cosmetic Act) et aux règlements d'application de la PMA de la FDA codifiés à la section 814 du 21 C.F.R., et que la FDA approuvera la demande sous réserve de l'achèvement satisfaisant d'un examen des installations de fabrication, des méthodes et des contrôles. La Société travaillera en étroite collaboration avec la FDA pour répondre à ces demandes et s'engage à mettre cette thérapie innovante à la disposition des patients américains.

“La FDA a examiné notre demande et a déterminé qu'elle répondait en grande partie aux exigences d'approbation : la lettre d'approuvabilité de la FDA ne comportait aucune autre question sur les données cliniques ou la biocompatibilité qui soutiennent la demande,” a commenté Olivier Taelman, CEO de Nyxoah. “Nous sommes toujours sur la bonne voie pour mettre Genio à la disposition des patients américains souffrant de SAOS.”

Cette décision n'a pas d'impact sur le marquage CE de Genio ni sur les activités commerciales en cours en Europe, où le dispositif est approuvé pour les patients souffrant de collapsus concentrique complet (CCC) et pour ceux qui n'en souffrent pas.

A propos de Nyxoah
Nyxoah opère dans le secteur des technologies médicales. Elle se concentre sur le développement et la commercialisation de solutions innovantes destinées à traiter le Syndrome d’Apnées Obstructives du Sommeil (SAOS). La principale solution de Nyxoah est le système Genio®, une thérapie de neurostimulation du nerf hypoglosse sans sonde et sans batterie qui a reçu le marquage CE, centrée sur le patient et destinée à traiter le Syndrome d’Apnées Obstructives du Sommeil (SAOS), le trouble respiratoire du sommeil le plus courant au monde. Ce dernier est associé à un risque accru de mortalité et des comorbidités, dont les maladies cardiovasculaires. La visions de Nyxoah est que les patients souffrant de SAOS doivent pouvoir profiter de nuits réparatrices et vivre pleinement leur vie.

À la suite de la finalisation probante de l’étude BLAST OSA, le système Genio® a reçu le marquage européen CE en 2019. Nyxoah a réalisé avec succès deux IPO : l’une sur Euronext Bruxelles en septembre 2020 et l’autre sur le NASDAQ en juillet 2021. Grâce aux résultats positifs de l'étude BETTER SLEEP, Nyxoah a reçu le marquage CE pour l’extension de ses indications thérapeutiques aux patients souffrant de collapsus concentrique complet (CCC), pour lesquels les thérapies concurrentes sont actuellement contre–indiquées. En outre, la Société a annoncé les résultats positifs de l'étude pivot DREAM IDE.

Pour plus d’informations, visitez www.nyxoah.com

Attention – Marquage CE depuis 2019. Dispositif de recherche aux États–Unis. Limité à un usage expérimental aux États–Unis par la loi fédérale américaine.

Déclarations Prospectives
Certaines déclarations, croyances et opinions contenues dans le présent communiqué de presse sont de nature prospective et reflètent les attentes actuelles de la Société ou, le cas échéant, des administrateurs ou de la direction de la Société concernant le système Genio®, les études cliniques prévues et en cours sur le système Genio®, les avantages potentiels du système Genio® ; les objectifs de Nyxoah en ce qui concerne le développement, la voie réglementaire et l'utilisation potentielle du système Genio® ; l'utilité des données cliniques dans l'obtention potentielle de l'approbation de la FDA pour le système Genio® ; l'achèvement satisfaisant d'un examen des installations de fabrication, des méthodes et des contrôles et l'obtention de l'approbation de la FDA ; l'entrée sur le marché américain ; et les attentes actuelles des administrateurs ou de la direction de la Société concernant le système Genio® ; les résultats d'exploitation, la situation financière, les liquidités, les performances, les perspectives, la croissance et les stratégies de la Société. De par leur nature, les déclarations prévisionnelles impliquent un certain nombre de risques, d'incertitudes, d'hypothèses et d'autres facteurs qui pourraient faire en sorte que les résultats ou les événements réels diffèrent matériellement de ceux exprimés ou sous–entendus dans les déclarations prévisionnelles. Ces risques, incertitudes, hypothèses et facteurs pourraient avoir une incidence négative sur les résultats et les effets financiers des plans et des événements décrits dans le présent document. En outre, ces risques et incertitudes comprennent, sans s'y limiter, les risques et incertitudes énoncés dans la section « Facteurs de risque » du rapport annuel de la Société sur le formulaire 20–F pour l'exercice clos le 31 décembre 2024, déposé auprès de la Securities and Exchange Commission (« SEC ») le 20 mars 2025, et des rapports ultérieurs que la Société dépose auprès de la SEC. Une multitude de facteurs, y compris, mais sans s'y limiter, les changements dans la demande, la concurrence et la technologie, peuvent faire en sorte que les événements, les performances ou les résultats réels diffèrent de manière significative de tout développement anticipé. Les déclarations prospectives contenues dans le présent communiqué de presse concernant des tendances ou des activités passées ne constituent pas des garanties de performances futures et ne doivent pas être considérées comme une déclaration selon laquelle ces tendances ou activités se poursuivront à l'avenir.

En outre, même si les résultats ou développements réels sont conformes aux déclarations prospectives contenues dans le présent communiqué de presse, ces résultats ou développements peuvent ne pas être représentatifs des résultats ou développements des périodes futures. Aucune déclaration ou garantie n'est donnée quant à l'exactitude ou à la justesse de ces déclarations prospectives. En conséquence, la société décline expressément toute obligation ou tout engagement de publier des mises à jour ou des révisions des déclarations prospectives contenues dans le présent communiqué de presse à la suite d'un changement des attentes ou d'un changement des événements, conditions, hypothèses ou circonstances sur lesquels ces déclarations prospectives sont basées, sauf si la loi ou la réglementation l'exige expressément. Ni la Société, ni ses conseillers ou représentants, ni aucune de ses filiales, ni les dirigeants ou employés de ces personnes ne garantissent que les hypothèses sous–jacentes à ces déclarations prospectives sont exemptes d'erreurs et n'acceptent aucune responsabilité quant à l'exactitude future des déclarations prospectives contenues dans ce communiqué de presse ou quant à la survenance effective des développements prévus. Vous ne devriez pas accorder une confiance excessive aux déclarations prospectives, qui ne sont valables qu'à la date du présent communiqué de presse.

Contacts :

Nyxoah
John Landry, CFO
[email protected]

Medias
Aux États–Unis
FINN Partners – Alyssa Paldo
[email protected]

International / Allemagne
MC Services – Anne Hennecke
nyxoah@mc–services.eu

Belgique / France
Backstage Communication – Gunther De Backer
[email protected]

 

Pièce jointe


GLOBENEWSWIRE (Distribution ID 1001076080)

A Chance for Sisi to Follow Sadat’s Vision and Courage

By Alon Ben-Meir
NEW YORK, Mar 26 2025 – On March 26, Israel and Egypt celebrated the 46th anniversary of their peace treaty, which has upended the very nature of the Arab-Israeli conflict. Egypt remains pivotal in the search for Israeli-Palestinian peace, especially now in the wake of the Israel-Hamas war.

US President Ronald Reagan and Egyptian President Anwar Al-Sadat at a press briefing, August 1981. Courtesy Ronald Reagan Library.

It is hard to exaggerate the late Egyptian President Anwar Al-Sadat’s courage when he journeyed to Israel with an olive branch in November 1977. Only a decade before, Egypt’s first President, Gamal Abdel Nasser, fervently and categorically rejected Israel’s very existence, stating, “We will not accept any… coexistence with Israel.”

Ending the 1973 Yom Kippur War with the return of the Sinai to Egypt without making a significant concession to Israel, made it possible for Sadat ‘to claim victory,’ which strengthened his standing in the eyes of the public and allowed him to later travel to Israel as a ‘victor.’ He was received in Israel as a great statesman with an honor guard, creating an indelible mark in the minds of Israelis and Egyptians alike.

Sadat’s visionary leadership, matched by Prime Minister Menachem Begin, and President Carter’s determination to seize the hour and mediate between them, paved the way for the historic Israeli-Egyptian peace treaty, signed on March 26, 1979. The treaty has endured for the past 46 years because, from its inception, it has served the long- and short-term geostrategic interests and mutual economic and security benefits of both countries.

Although Egyptian and Israeli governments have changed hands several times over the past 46 years, both sides continue to fully adhere to the treaty’s terms, recognizing its crucial geostrategic importance for their respective countries. Thus, the treaty withstood the test of time despite regional instability and the continuing violent Israeli-Palestinian conflict.

The treaty has transcended its monumental implications and benefits for Israel and Egypt. It has fundamentally changed the psychological and political dimensions of the Arab-Israeli conflict as it began to resonate among the Arab states after nearly a decade of chastising and sanctioning Egypt for breaking the Arab world’s bloc of enmity against Israel.

Preventing an Arab-Israeli war

With the signing of the treaty, it became clear that Israeli-Egyptian peace would prevent any possibility of an all-out Arab-Israeli war. Egypt has been and continues to be the strongest Arab country militarily, and without it, the Arab states would not start a war against Israel that would surely end in utter defeat.

Without the Israeli-Egyptian peace treaty, it would have been inconceivable that any of these peace agreements would be established. In 1993, Israel and the Palestine Liberation Organization (PLO) established a framework for peace and mutual recognition. In 1994, Israel and Jordan signed a peace treaty.

In 2002, Saudi Arabia introduced the Arab Peace Initiative (API), adopted by the Council of Arab States, which de facto recognized Israel’s right to exist, albeit conditional upon the establishment of a Palestinian state. And in late 2020 and early 2021, the Abraham Accords were signed between Israel and, individually, the UAE, Bahrain, Morocco, and Sudan.

That is, the Israeli-Egyptian peace treaty changed the trajectory of the Arab-Israeli conflict in that it psychologically adjusted the Arab States’ mindset toward Israel’s irrevocable existence and opened the door for a political solution, albeit slowly given the continuing conflict with the Palestinians.

Although Saudi Arabia has gained greater prominence in Arab affairs than Egypt over the past decade, Egypt remains central in the search for Israeli-Palestinian peace regardless of its ultimate contour, especially now in the wake of the Israel-Hamas war. Without Egypt’s direct involvement and consent about Gaza’s future in the context of Israeli-Palestinian peace, no solution can be achieved.

Egypt has traditionally been involved directly and indirectly in Gaza. It was in control of Gaza until Israel conquered the enclave during the 1967 Six-Day War and has been engaged time and again in mediating the repeating conflagrations between Israel and Hamas.

At no time, however, has Egypt been more directly involved in the Israel-Hamas conflict than it has since Hamas’ October 2023 attack and Israel’s war of retaliation. Regardless of the eventual outcome of this conflict, Egypt will be affected directly, and hence, it has every right to play a direct role in shaping the ultimate solution.

Today, the question is whether Egypt’s President Sisi will show the same courage as Sadat to take the lead and use the 46th anniversary as a turning point, starting by insisting on a framework for the future of Gaza in the context of ending the Israel-Hamas war and ultimately the Israeli-Palestinian conflict.

The Arab Summit in Cairo, held on March 4, which included Egypt, Jordan, Saudi Arabia, Qatar, and the UAE, endorsed Egypt’s comprehensive plan for Gaza’s reconstruction, which aims to rebuild the territory over five years at a cost of $53 billion without displacing its residents. The plan excludes Hamas from future governance, proposing instead a technocratic Palestinian committee under the Palestinian Authority’s oversight.

It emphasizes the need for security, training Palestinian forces, and international support, including potential UN peacekeeping forces. The plan also categorically rejected Trump’s outlandish idea to relocate Palestinians and transform Gaza into a “Riviera of the Middle East.”

Given that Israel will be affected by any plans regarding the future of Gaza, President Sisi should begin to conduct bilateral discussions with Israel to establish exit plans for the withdrawal of Israeli forces from Gaza in several stages. Egypt is in a position to disabuse Israel from ever entertaining the idea of exiling the Palestinians from Gaza, threatening that this would jeopardize the Egyptian-Israeli peace treaty. Following the Arab Summit, President Sisi said, “The time has come to adopt a serious and effective political pathway that leads to a fair and lasting solution for the Palestinian cause, in accordance to the resolutions of international legitimacy. I have faith that President Trump is capable of doing this.”

Although both Israel and Egypt would like to see Hamas eliminated, they also know that it would be out of their reach as Hamas will remain a relevant player that cannot be discarded. The summit has not ruled out some role for Hamas in implementing the Egyptian initiative.

Indeed, given how battered Hamas is following 17 months of war that devasted much of its armed forces and laid two-thirds of Gaza in ruin, Hamas began in recent weeks to send mixed signals about its future in Gaza. It has shown a willingness to discuss demilitarization as an end goal of a peace process.

Hamas official Husam Badran said that the group was willing to step aside from governing, stating that “Our only condition is for this to be an internal Palestinian matter… As long as there is a national consensus, Hamas will not be involved in the governance.”

The historic Israeli-Egyptian peace treaty remains the bedrock of a comprehensive Arab-Israeli peace. The main obstacle to achieving this still is the Israeli-Palestinian conflict. No one is in a better place than President Sisi, who can use Egypt’s indispensable role to advance the Israeli-Palestinian conflict, starting with the establishment of an end-game to the war in Gaza.

There is no time better than now to move aggressively toward that end as Egypt and Israel celebrate the 46th anniversary of their peace agreement. Can Sisi rise to the occasion and match Sadat’s vision and courage?

Dr. Alon Ben-Meir is a retired professor of international relations, most recently at the Center for Global Affairs at NYU. He taught courses on international negotiation and Middle Eastern studies.

IPS UN Bureau

 


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