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Experience Family Time Exceptionally Well Spent at Jumeirah Maldives Olhahali Island

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4 years ago

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Jumeirah Maldives

From beach and water sports to coral planting and cinema under the stars, Jumeirah Maldives Olhahali Island offers an array of activities to keep little guests and families entertained

DUBAI, United Arab Emirates, October 11, 2022/APO Group/ — 

Tucked away in the crystalline turquoise waters of the North Malé Atoll, easily reachable by speedboat and seaplane, Jumeirah (Jumeirah.com) Maldives Olhahali Island is the perfect family getaway. From exceptional dining experiences, tranquil spa facilities and awe-inspiring underwater adventures to a splash waterpark, indoor play area and family-friendly cinema, the luxurious all-villa resort offers something for everyone.

With 67 beach and over-water villas in one-, two- and three-bedroom configurations, Jumeirah Maldives Olhahali Island provides luxurious accommodation to suit families of all sizes. Boasting the largest villas in the North Male Atoll, featuring spacious living area and expansive outdoor spaces with private pool and rooftop terrace, the contemporary resort is the perfect property to enjoy time exceptionally well spent with your loved ones this summer.

With 67 beach and over-water villas in one-, two- and three-bedroom configurations, Jumeirah Maldives Olhahali Island provides luxurious accommodation to suit families of all sizes

Families can choose from a wide array of activities on offer to ensure guests of all ages will be well entertained. Complimentary family activities on offer include:

  • Kayak Race at Dive Centre: Participate in this challenge and see if you have what it takes to be the Olhahali Kayaking Champion. Suitable for children 4 and above if accompanied by an adult. Children 10 and above can ride the kayak on their own.
  • Cocktail Party with Maldivian Cultural Show at Coconut Beach: Join us as we introduce ourselves and indulge in an evening of fine cocktails and local ‘Bodu Beru’ music on the coconut beach. Suitable for children of all ages, they will be exposed to the culture of Maldives through performance arts. The cocktail reception has a variety of non-alcoholic mocktails for the children to enjoy as well.
  • Nature Walk at Fini Maizan: Take a stroll around the island with our gardening chief, as he takes you on an informative journey through the flora and fauna. Suitable for children of all ages.
  • Arts & Crafts at Island Studio: Get creative in this session filled with colour and imagination, brush up on your artistic skills and create a masterpiece to take home. Family activity, suitable for children 4 and above.
  • Learn Dhivehi at Café Lounge: Only spoken in the small nation of Maldives, Dhivehi is a rare language and learning the basics is quite easy. Family activity, suitable for children 6 and above.
  • Beach Volleyball at Water Sports Beach: Let’s get active in a fun-filled session of Beach Volleyball with the beautiful backdrop of the island lagoon. Suitable for older children and teens 12 and above, and adults.
  • Marine Talk at Dive Centre: Take part in a lecture with our in-house Marine Biologist, who will take you on a journey through the secrets of the underwater world. Suitable for older children and teens 12 and above, and adults.
  • Football for Teens and Adults at Team’s Football Ground: Join in for a game of the internationally loved sport where you will play with & against others in a friendly match. Suitable for teens 14 and above, and adults.
  • Children’s Swimming Lessons at Shimmers Pool: Swimming is an important skill for any child visiting or living near the shores. They will learn basic swimming strokes in this session. Suitable for children 6 and above, and adults.
  • Coral Planting at Dive Centre: Take part in our sustainability initiative and participate in the coral planting activity where you will make an active impact on the reefs. Suitable for children of all ages and parents. A good activity to introduce them to marine conservation and coral restoration.
  • Little Guest’s Cinema Under the Stars: Watch a movie under the glimmering stars of the Maldivian night sky. Suitable for children of all ages.
  • Stand-up Paddle Board Race at Water Sports Beach: Take part in this challenge and see if you can beat all the paddle-boarders of the island and become the island champion. Suitable for children 4 and above if accompanied by an adult. Children 10 and above can ride the paddle board on their own.
  • Towel Art Class at Kayto: Have you ever wondered how the beautiful & creative towel set-ups are done in hotels around the world? Take this chance to find out. Family activity, suitable for children 5 and above.
  • Treasure Hunt at Fini Maizan: Legends say that the pirates visited Olhahali Island eons ago and buried treasure in the island. Let’s go on an adventure to find it all. Kids Club activity, suitable for children 3 and above.
  • Children’s Marine Talk at PLAY Kids Club: Take part in a lecture with our in-house Marine Biologist, who will take you on a journey through the secrets of the underwater world. Kids Club activity, suitable for children 3 and above.
  • ‘Bodu Beru’ Session at Island Studio: Find your Maldivian rhythm with our champion Bodu Beru drummers and brush up on your musical abilities. Suitable for older children and teens 12 and above, and adults.

Additionally, families can also enhance their stay with a wide range of add-on watersports and culinary activities to keep little ones entertained*:

  • Semi Submarine at Dive Center: An experience that takes you underneath the waves to view the aqua-scapes and the colourful life through large viewing windows. Suitable for children of all ages, should be accompanied by an adult. This experience is a great way for them to marvel at the underwater world without having to snorkel/get wet.
  • Kids’ Banana Boat Ride or Fun Toy Ride at Dive Centre: Take part in this thrill-filled water sports activity as you get dragged around in a fun inflatable toy on the waves around the island. Suitable for children 6 and above, must know how to swim and should be accompanied by an adult.
  • Traditional Sunset Fishing at Dive Centre: Throw in your fishing line and watch the sunset as you wait for fish to nibble on your bait. Suitable for children 6 and above, must be accompanied by an adult.
  • Pizza Making Class at Shimmers on the Beach: Our masterful chefs will teach you on the best practices & secrets to the perfect pizza in this culinary learning session. Suitable for older children and teens 12 and above, and adults.
  • Latte Art Class at Café Lounge: Find out how the baristas make your cup of coffee look deliciously enticing in this latte class and learn the secrets to the perfect cup. Suitable for older children and teens 12 and above, and adults.

Families looking for the ultimate getaway can take advantage of Jumeirah’s Exceptional Summer Escapes offer for bookings made before 31st August 2022 for stays up until 30th September 2023. The offer includes 20% off the Jumeirah Flexible Rate when staying from three nights or more, plus USD 300 resort credit and complimentary 30-minute spa treatment when booking a 60-minute treatment session. In addition, Jumeirah One members can avail an additional exclusive 5% saving.

Please visit Jumeirah.com/Maldives for more information or contact us on reservations.jmh@jumeirah.com for bookings. In the meantime, stay connected via our social media channels and don’t forget to tag us in your posts with #TimeExceptionallyWellSpent.

*Additional charges apply

Distributed by APO Group on behalf of Jumeirah Group

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Afreximbank Posts Robust Q1 2026 Results with 25% Growth in Net Income and Improved Profitability

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4 days ago

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May 22, 2026

By

Afreximbank

The results demonstrate continued resilience, disciplined balance sheet management and strong deal execution despite a challenging global operating environment

The growth in net interest income and profitability demonstrates the strength of our operating model and the continued relevance of our mandate

CAIRO, Egypt, May 22, 2026/APO Group/ –African Export-Import Bank (“Afreximbank” or the “Bank”) (www.Afreximbank.com) and its subsidiaries (the “Group”) announced its results for the three months ended 31 March 2026. The results demonstrate continued resilience, disciplined balance sheet management and strong deal execution despite a challenging global operating environment.

 

The Group continued to expand its lending activities in Q1 2026, resulting in total credit exposure growing by 2% to reach a portfolio of US$42 billion, up from US$41 billion as of 31 December 2025. This performance reflects Afreximbank’s leading role as a Development Finance Institution (DFI) in financing trade and trade-enabling infrastructure, and its strategic contribution to economic resilience across Africa and the Caribbean.

Average loans and advances for Q1 2026 stood at US$32 billion, up 8% compared to the same period in the prior year, driving the recorded growth in interest income. The Group’s liquidity position remained strong, with cash and cash equivalents of US$5.6 billion, representing 14% of total assets, consistent with FY2025 and above the Bank’s strategic minimum.

Asset quality also remained strong, with the non-performing loan (NPL) ratio at 2.40%, broadly in line with 2.43% at FY2025 and below industry average.

Shareholders’ funds increased to US$8.6 billion at 31 March 2026, up from US$8.4 billion at FY2025, supported by internally generated capital of US$268.9 million and new equity investments received during the quarter, underscoring the Bank’s continued ability to mobilise capital from its shareholders in support of its growth and development mandate.

The Group delivered strong profitability during the quarter.  Notwithstanding declining benchmark rates, total interest income rose by 14% year-on-year to reach US$813.6 million, while net interest income increased by 24% to US$510.0 million, compared with US$411.2 million in the first quarter of 2025. The Group’s cost-to-income ratio remained contained at 19%, well within the Group’s strategic ceiling of 30%. As a result, Profit for the period increased to US$268.9 million, up from US$215.4 million in Q1 2025.

The Group continued to maintain a strong capital position, with a capital adequacy ratio of 23% as at 31 March 2026, in line with the Bank’s long-term capital management targets.

During the quarter, Afreximbank continued to demonstrate its counter-cyclical role in response to external shocks. In March 2026, the Bank launched a US$10 billion Gulf Crisis Response Programme to help member countries mitigate adverse spillover effects from the Gulf crisis. The facility is designed to support liquidity, stabilise trade and payments, and address supply-side disruptions, particularly in energy, tourism and aviation, fertilisers, food and other critical imports.

The Bank also continued to deploy targeted financing and advisory support to strengthen trade flows, industrial capacity and economic resilience across Africa and CARICOM. Regional integration received further momentum following South Africa’s ratification of the Bank’s Establishment Agreement in February 2026, bringing one of Africa’s largest and most diversified economies into the Bank’s membership and giving the Bank full continental coverage.

Highlights of the results for Afreximbank Group are shown below:

Financial Performance Metrics

Q1’2026

Q1’2025
Gross Income (US$ million)

874.1

784.9
Net Income (US$ million)

268.9

215.4
Return on average equity (ROAE)

13%

12%
Return on average assets (ROAA)

2.62%

2.38%
Cost-to-income ratio

19%

16%

 

Financial Position Metrics

Q1’2026

FY’2025
Total Assets (US$ billion)

41.7

42.3
Total Liabilities (US$ billion)

33.0

33.9
Shareholders’ Funds (US$ billion)

8.6

8.4
Non-performing loans ratio (NPL)

2.40%

2.43%
Cash/Total assets

14%

14%
Capital Adequacy ratio (Basel II)

23%

          23%

 

Mr. Denys Denya, Afreximbank’s Senior Executive Vice President, commented:

“Against a backdrop of continued global uncertainty, heightened geopolitical risks and tight financial conditions, the Group delivered a resilient first-quarter performance, underpinned by disciplined balance sheet management, sound asset quality and strong capital and liquidity buffers. The growth in net interest income and profitability demonstrates the strength of our operating model and the continued relevance of our mandate. Our swift launch of the US$10 billion Gulf Crisis Response Programme further underscores Afreximbank’s counter-cyclical role in supporting member countries during periods of disruption. We remain focused on stabilising trade flows, easing liquidity pressures and advancing the industrial and economic transformation of Africa and the Caribbean.”

Distributed by APO Group on behalf of Afreximbank.

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Via Licensing Alliance Expands Voice Codec Program with New Licensee, New Licensors, Publishes Comprehensive Pool Rate Structure

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4 days ago

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May 22, 2026

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Via Licensing Alliance

SAN FRANCISCO, CALIFORNIA, UNITED STATES – Media OutReach Newswire – 22 May 2026 – Via Licensing Alliance (Via) today announced continued momentum for its Voice Codec patent pool, including the addition of a new unnamed licensee and new licensors, NovaVoice Limited and Cordial IP, further growing the program’s patent stack and market penetration from its initial five, large global licensors.

The addition of the new licensee, unnamed at this time, reflects growing industry adoption of the collaborative licensing pathway Via’s Voice Codec program creates for accessing IP rights to critical voice technologies. This addition reflects a growing market uptake of advanced voice technologies, including EVS and IVAS, driven by rising demand as 5G and 5G-Advanced technologies are adopted worldwide.

Additionally, Via continues to prioritize transparency and has published its full rate structure for the Voice Codec pool, providing further clarity and predictability for implementers and to the broader market. For implementers, the full rate structure allows for complete visibility as they consider the appropriate royalty structure to choose from to meet their product level costs, evaluate future growth paths for their product lines, or plan their geographical expansion plan needs. This level of disclosure not only reduces uncertainty in licensing decisions but also enables more consistent benchmarking, reinforcing confidence in fair, market-aligned SEP licensing practices. The program’s royalty rates are listed on Via’s website at https://www.via-la.com/licensing-programs/voice-codec/#license-fees.

The addition of the new licensors indicates increased interest from patent holders in licensing their voice technology SEPs through highly efficient, aggregated licensing vehicles such as patent pools. Future growth in both the licensor list and the number of patents consolidated through the pool license will continue to enhance the value of the Voice Codec License for implementers. Via’s Voice Codec program licensors are listed here: https://www.via-la.com/licensing-programs/voice-codec/#licensors.

Via’s Voice Codec pool covers Enhanced Voice Services (EVS), which supports voice communications across more than one billion and growing active devices globally, as well as Immersive Voice and Audio Services (IVAS), which will play a central role in next-generation voice and spatial audio applications.

“We are pleased to welcome these new entrants to our pool, which signal continued growth and momentum our Voice Codec program,” said Kevin Mack, President of Via Licensing Alliance. “This pool license offers strong value relative to other market options and represents the only collaborative licensing solution for EVS and IVAS technologies, making it a smart and efficient pathway for companies seeking to license critical voice capabilities.”

EVS remains a foundational technology for high-quality voice communications in 5G and 5G-Advanced networks, with adoption continuing to expand as 5G, 5G-Advanced and future network iterations reach global scale. As spatial audio and advanced voice technologies expand into 6G and a broader range of non-cellular devices, the importance of IVAS technologies is expected to increase, with Via’s pool offering an early and effective licensing pathway.

For more information about the Voice Codec patent pool, including information for prospective licensees, please visit https://www.via-la.com.

About Via Licensing Alliance:
Via Licensing Alliance is the collaborative licensing leader, dedicated to accelerating global technology adoption, fostering participation, and generating return on innovation with balanced licensing solutions for innovators and manufacturers of all sizes around the globe. Via has operated dozens of licensing programs for a variety of technologies. Via is an independently managed company owned by industry-leading participants with over 25 years of intellectual property licensing leadership. For more information about Via, please visit https://www.via-la.com.

 

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Joint statement welcoming the Republic of Togo’s announcement on Visa facilitation for African nationals

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4 days ago

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May 22, 2026

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Togo

The AfCFTA Secretariat and Afreximbank commend the Government and people of the Republic of Togo for hosting Biashara Afrika 2026 and for their continued commitment to advancing Africa’s economic integration agenda

LOMÉ, Togo, May 21, 2026/APO Group/ –The AfCFTA Secretariat and African Export-Import Bank (Afreximbank) (www.Afreximbank.com) welcome the announcement by the Government of the Republic of Togo, under the leadership of H.E. Faure Essozimna Gnassingbé, President of the Council of the Republic of Togo, regarding measures to facilitate visa-free entry for all nationals of African States holding valid passports, as announced by the Minister of Security on 18 May 2026.

The announcement was made in Lomé on the sidelines of Biashara Afrika 2026, the continent’s premier trade and business platform, which has brought together policymakers, private sector leaders, investors, and stakeholders from across Africa to advance dialogue on intra-African trade, investment, and regional integration.

Throughout the engagements, participants underscored the importance of facilitating the movement of African citizens, entrepreneurs, and investors as an important enabler of intra-African trade and economic cooperation. Against this backdrop, the announcement reflects the growing continental momentum towards strengthening connectivity and deepening African integration.

The AfCFTA Secretariat and Afreximbank, to which Togo is a State Party and a Member State, envision a continent where goods, services, capital, and people move more freely across borders in support of an integrated African market. Measures that facilitate mobility and connectivity continue to contribute towards advancing the broader mandate of both institutions; the attainment of the aspirations of Agenda 2063.

The AfCFTA Secretariat and Afreximbank commend the Government and people of the Republic of Togo for hosting Biashara Afrika 2026 and for their continued commitment to advancing Africa’s economic integration agenda.

Distributed by APO Group on behalf of Afreximbank.

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