Technology

Watch Duty Launches in Hawai’i to Provide Real-Time Wildfire Map and Alert System

Published

2 weeks ago

November 7, 2024

A year after expanding its wildfire coverage across thirteen Western States, the popular non-profit app expands its coverage to Hawai’i to deliver more timely critical information about wildfires as they develop.

HEALDSBURG, Calif., Nov. 7, 2024 /PRNewswire/ — Watch Duty, the only app that provides real-time wildfire information, announced that it is expanding coverage to Hawai’i today. A year after the devastating Lahaina Fire, many communities are still not equipped with adequate real-time information about wildfires.

Already operating across the thirteen western states, Watch Duty provides real-time alerts and continued expert reporting for local residents in areas impacted by fast-moving and unpredictable wildfires. Watch Duty delivers these critical updates, all of which are vetted by an expert team of current and former firefighters and first responders, retired dispatchers and reporters, faster than any other available channel. This allows impacted residents to make informed decisions during stressful and uncertain times, when official notices often take much longer, if they appear at all.

“The majority of fatalities occur within the first hours of a fire, meaning every second counts,” said John Mills, co-founder and CEO at Watch Duty. “We built Watch Duty to give people like us who live in wildfire-prone areas a more timely and trustworthy option for receiving critical updates as quickly as possible. When there’s a wildfire in or near your area, you’ll receive an update directly to your phone, within minutes, and without having to mine through various community groups on Facebook, Twitter or other mass forums, which often contain dated or dubious information.”

“When a wildfire occurs, panic and confusion are often the first emotions to set in – an especially dangerous reality when you factor in just how unpredictable and fast-moving many fires are,” said Jeff Lemelin, Volunteer Battalion Chief for Sonoma County (CA) Fire District. “Watch Duty is providing a vital public service by providing a simple and highly trustworthy option for receiving the key information around wildfire movements, containment status and, especially, evacuation notices, that people need, delivered when they most need it.”

Watch Duty is already trusted by over three million users in the American West and is actively being utilized by fire chiefs, first responders, tanker pilots, and other fire fighting personnel.

Any interested individual can download the app for free on the App Store, Google Play or at watchduty.org.

ABOUT WATCH DUTY
Watch Duty, 501(c)3 nonprofit, provides real-time wildfire information for making informed decisions when seconds count. Our service is powered by real people – firefighters, dispatchers, and first responders – who diligently monitor radio scanners and collaborate 24/7 to send up-to-the-minute information to your phone. It’s free to download on the App Store and Google Play. Learn more at watchduty.org.

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SOURCE Watch Duty

Technology

Max Stock Limited Announces Change in Shares Held by an Interested Party

Published

43 minutes ago

November 24, 2024

CAESAREA, Israel, Nov. 24, 2024 /PRNewswire/ — Max Stock Limited (TASE: MAXO(; )the “Company”, “Max Stock“) today announced that on November 20th, 2024, Phoenix Financial Ltd. and Phoenix Investment House Ltd. (“Phoenix reporting group”), including their respective nostro account, provident funds and provident fund management companies, as well as mutual fund management companies and market maker sub entities, informed the Company that they had sold shares of the Company thereby lowering their joint holdings to 4.8% of the Company’s issued capital (4.15% and 0.65% respectively). As a result, Phoenix reporting group will no longer be an interested party in the Company.

This is an English translation of segments of a Hebrew immediate report that was published on November 24, 2024 (Ref. No: 2024-01-618032) (hereinafter: the “Hebrew Version”). This English version is only for convenience purposes. This is not an official translation and has no binding force. In the event of any discrepancy between the Hebrew Version and this translation, the Hebrew Version shall prevail.

About Max Stock

Max Stock is Israel’s leading extreme value retailer, currently present in 64 locations throughout Israel and 2 locations in Portugal. We offer a broad assortment of quality products for customers’ everyday needs at affordable prices, helping customers “Dream Big, Pay Small”. For more information, please visit https://ir.maxstock.co.il

Company Contacts:

Talia Sessler,
Chief Corporate Development and IR Officer
talia@maxstock.co.il

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SOURCE Max Stock Limited

Technology

Qatar Development Bank announces strategic investment in global Islamic FinTech, Wahed

Published

5 hours ago

November 24, 2024

DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech.

Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes the barriers to sophisticated investment management services that have been traditionally reserved for high-net-worth investors.

Khalid Al Jassim, Executive Chairman of Wahed MENA said: ‘We are delighted to welcome our new shareholders, QDB. We believe Qatar is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a leading knowledge-based economy.

Ali Rahimtula, Partner at Cue Ball Capital said: “Qatar Development Bank’s strategic investment is a clear signal of the faith the industry has in Wahed and its ability to create the future of Islamic Finance.”

About Wahed

Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.

For more information, visit: www.wahed.com

About Qatar Development Bank

Qatar Development Bank’s mission is to advance the economic and innovation development cycle of Qatar, supporting and contributing to the nation’s economic diversification. As well as a focus on the development of Qatar’s private sector, QDB is a powerful catalyst for socio-economic development in the country, empowering the local economy and bettering living standards.

For more information, visit: https://www.qdb.qa/

SOURCE Wahed

Technology

Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA to help guide the strategic growth of Wahed in the region

Published

5 hours ago

November 24, 2024

DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA.

On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.”

Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world.

His career spans leading firms including SABIC, Arthur Anderson and Arcapita Bank in Bahrain, where he was instrumental in making it into one of the PE powerhouses in the region. His responsibilities started in the earlier years with establishing the Investment Placement Team and transforming it into one of the most robust teams in the industry. At the time that Khalid left Arcapita to build his personal business, he was an Executive Director. Today he is Chairman of Afkar Vision, a private advisory house specialized in mergers and acquisitions with offices in Manama, Dubai and Riyadh.

As well as being one of the earliest investors in Wahed, he is currently Chairman of the Audit Committee and Board Member at Bahrain Islamic Bank, the 4th oldest Islamic Bank in the World and Board Member at SICO Bank and SICO Capital in Saudi, an $8bn asset manager in the region.

Mohsin Siddiqui, Wahed CEO said, “We are delighted to announce Khalid’s appointment. His unique understanding of the financial landscape in the MENA region is unparalleled and we are excited to bring this expertise in continuing to grow our presence in the region.”

About Wahed

For more information, visit: www.wahed.com

Photo – https://mma.prnewswire.com/media/2566076/Wahed_MENA_Khalid_Al_Jassim.jpg

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