eXp Realty Exceeds 1,000-Agent Milestone in South Africa

eXp Realty Exceeds 1,000-Agent Milestone in South Africa

eXp Realty today announced it has exceeded 1,000 agents across South Africa, representing an over 74% increase from the 574 total agent count in July 2022

BELLINGHAM, Wash., Aug. 10, 2023 (GLOBE NEWSWIRE) — eXp Realty®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced it has exceeded 1,000 agents across South Africa, representing an over 74% increase from the 574 total agent count in July 2022.

“This is a proud moment for eXp Realty South Africa as we reach such a huge milestone,” said Michael Valdes, Chief Growth Officer, eXp Realty. “Our attractive and continuously evolving agent-centric value proposition continues to resonate with agents from around the world and we are so thrilled to be home to over 1,000 real estate professionals in South Africa!”

According to Andrew Thompson, Director and Country Leader of eXp Realty South Africa, eXp South Africa has had more transactions in the first six months of this year compared to last year. “eXp South Africa has realized a cash-flow positive, debt-free and profitable operation in its first 15 months since receiving its license via the Property Practitioners Regulatory Authority back in December 2020,” said Thompson.

“Since its inception, eXp has remained committed to putting agents first to equip them with the knowledge and tools necessary to reach their full potential. I am so proud to be able to lead such an incredible group of agents through this expansion and beyond,” he added.

eXp South Africa is proudly committed to serving the community, having recently donated R350,000 to Dr. Imtiaz Sooliman of Gift of the Givers to support local and international communities.

About eXp World Holdings, Inc.

eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty®, Virbela and SUCCESS® Enterprises.

eXp Realty is the largest independent real estate company in the world with more than 88,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama, Germany, Dominican Republic, Greece, New Zealand, Chile, Poland and Dubai and continues to scale internationally. As a publicly traded company, eXp World Holdings provides real estate professionals the unique opportunity to earn equity awards for production goals and contributions to overall company growth. eXp World Holdings and its businesses offer a full suite of brokerage and real estate tech solutions, including its innovative residential and commercial brokerage model, professional services, collaborative tools and personal development. The cloud-based brokerage is powered by Virbela, an immersive 3D platform that is deeply social and collaborative, enabling agents to be more connected and productive. SUCCESS® Enterprises, anchored by SUCCESS® magazine and its related media properties, was established in 1897 and is a leading personal and professional development brand and publication.

For more information, visit https://expworldholdings.com

Safe Harbor Statement

The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Such forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to revise or update them. Such statements are not guarantees of future performance. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include changes in business or other market conditions; the difficulty of keeping expense growth at modest levels while increasing revenues; and other risks detailed from time to time in the company’s Securities and Exchange Commission filings, including but not limited to the most recently filed Quarterly Report on Form 10-Q and Annual Report on Form 10-K.

Media Relations Contact:

eXp World Holdings, Inc.

mediarelations@expworldholdings.com

Investor Relations Contact:

Denise Garcia

investors@expworldholdings.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0f5cf167-2910-43fd-8a41-dfc00358fa16

GlobeNewswire Distribution ID 8892150

Duck Creek Technologies Expands to the Indian Market, Offering Its Global Core Technology Platform to India-Based Insurance Carriers

The company’s Indian subsidiary signs its first full-suite customer partnership in the region with HDFC ERGO

Mumbai, Aug. 09, 2023 (GLOBE NEWSWIRE) — Duck Creek Technologies India LLP, a subsidiary of Duck Creek Technologies, today announced a historical milestone with its expansion into the Indian general insurance market. Duck Creek Technologies India LLP now offers India-based insurers the ease, convenience, and power of modern cloud-based software-as-a-service (SaaS), delivered as a full suite of capabilities or as stand-alone solutions. With this expansion, Duck Creek reinforces its market commitment by establishing its data center in India, supported by nearly 1,000 local employees.

In partnership with its first core systems full-suite India-based insurance customer, HDFC ERGO General Insurance Company Limited (“HDFC ERGO”), Duck Creek will deploy its intuitive, user-friendly, and powerful solutions to empower HDFC ERGO to take new products to market faster and significantly improve their customers’ experience throughout the policy lifecycle and across the insurer’s entire portfolio. Duck Creek’s products and solutions will holistically bring a competitive advantage to HDFC ERGO across its entire system, portfolio and operations.

Speaking about the partnership, Sriram Naganathan, President and Chief Technology Officer, HDFC ERGO General Insurance, said, “As a leading insurer of the country, at HDFC ERGO, it has been our priority in adopting innovative technologies to address the evolving demands of our customers and offer them an enhanced customer experience. Being a digital insurer of scale, our partnership with Duck Creek Technologies India LLP is a crucial step towards unlocking the full potential of HDFC ERGO’s wide insurance solutions and enabling us to offer efficient delivery and more convenience for our customers. Duck Creek’s SaaS solution will empower our advanced AI/ML models, providing essential digital capabilities to meet the critical needs of our customers and partners.”

Rohit Bedi, Chief Revenue Officer, Duck Creek Technologies, stated, “Our commitment to HDFC ERGO aligns with their outstanding vision to make insurance easier, more affordable, and more dependable for all the people in India. We are extremely proud to be a partner to HDFC ERGO, India’s leading insurance brand, in their journey to transform general insurance services in the region.” Bedi added, “This is a significant milestone in Duck Creek’s continued growth as a leading SaaS choice for insurers worldwide. Duck Creek’s partnership with HDFC ERGO is another proof point that our global technology solutions are geared towards enabling a more modern and efficient insurance enterprise.”

Drawing on its experience supporting the world’s largest insurers and reinsurers, Duck Creek will offer its suite of SaaS-based core insurance delivery solutions, including policy, claims, billing, rating and reinsurance, to help Indian general insurers innovate and modernize their products and services.

“Duck Creek is truly excited to enter the Indian insurance market with our global solutions. We want to empower insurance companies in India with hyper-personalized insurance solutions that help customers buy or service insurance from any device and anytime. Customers from all parts of India can feel secure knowing they are covered and can raise claims anytime,” said Shaji Sethu, Managing Director APAC, Duck Creek Technologies.

The Indian insurance market was valued at $127 billion in 2021 ($30 billion, represented in the non-life sector). It is anticipated to grow to over $200 billion by 2027, which presents an exciting opportunity for Duck Creek.

About HDFC ERGO

HDFC ERGO General Insurance Company Limited was promoted by erstwhile Housing Development Finance Corporation Ltd. (HDFC), India’s premier Housing Finance Institution and ERGO International AG, the primary insurance entity of Munich Re Group. Consequent to the implementation of the Scheme of Amalgamation of HDFC with and into HDFC Bank Limited (Bank), one of India’s leading private sector banks, the Company has become a subsidiary of the Bank. HDFC ERGO is the second largest non-life insurance company in the Private Sector as on 31st March 2023 based on gross premium garnered. A digital-first company, transforming into an AI-first company, HDFC ERGO is a leader in implementing technology to offer customers the best-in-class service experience. The company has created a stream of innovative & new products as well as services using technologies like Artificial Intelligence (AI), Machine Learning (ML), Natural Processing Language (NLP), and Robotics. HDFC ERGO offers a range of general insurance products and has a completely digital sales process with ~94% of retail policies issued digitally. HDFC ERGO’s technology platform has empowered the customers to avail 69% of the services digitally on a 24×7 basis with ~19% of the customer requests serviced by Artificial Intelligence-based tools. In FY23, the company has issued 1.22 crore policies and has settled ~50 lakhs claims. The Company has an active data base of 1.5+ crore customers. HDFC ERGO is present in 496 districts of the country through their 215 branches, 10,000+ employees and 1.8 lakhs agents and channel partners.

HDFC ERGO offers a complete range of General Insurance products including Health, Motor, Home, Agriculture, Travel, Credit, Cyber and Personal Accident in the retail space along with Property, Marine, Engineering, Marine Cargo, Group Health and Liability Insurance in the corporate space. Be it unique insurance products, integrated customer service models, top-in-class claim processes or a host of technologically innovative solutions, HDFC ERGO has been able to delight its customers at every touch-point and milestone to ensure consumers are serviced in real-time.

Please log on to www.hdfcergo.com or stay connected on the following social media handles to get more information on HDFC ERGO and the products and services offered by the company.

Facebook: https://www.facebook.com/hdfcergo

Twitter: https://twitter.com/hdfcergogic

LinkedIn: https://www.linkedin.com/company/hdfcergo

YouTube: https://youtube.com/c/hdfcergo

About Duck Creek Technologies

Duck Creek Technologies is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and Twitter.

Carley Bunch
Duck Creek Technologies
+1201-962-6091
carley.bunch@duckcreek.com

GlobeNewswire Distribution ID 8890991

36th Kelibia International Amateur Film Festival August 19-26

49 films, including 6 Tunisian, from 29 countries have been selected for the official competition of the 36th Kelibia International Amateur Film Festival (FIFAK), which will be held from August 19 to 26 in Kélibia, in Cap Bon.

FIFAK is organised by the Tunisian Federation of Amateur Cinematographers (FTCA) and supported by the Ministry of Culture, in collaboration with the National Centre of Cinema and Image (CNCI) and the Kelibia Municipality.

Source: Agence Tunis Afrique Presse

Tunisian Red Crescent forging ahead with efforts to provide assistance to sub-Saharan African migrants

The Tunisian Red Crescent is forging ahead with efforts to provide humanitarian assistance to sub-Saharan African migrants trapped on Tunisian Libyan borders in Ras Jdir.

This was made possible in coordination with the regional office of the Tunisian Red Crescent in Médenine and its local office in Ben Guderdane, said Tunisian Red Crescent spokesperson Mounir Ksiksi.

All logistical and human means were made available to secure urgent intervention, mainly in the event of medical emergencies requiring patient transport to the regional hospital of Médenine or Ben Guerdane.

The Red Crescent also helped sub-Saharan migrants who flooded from Libya get in touch with their families.

Source: Agence Tunis Afrique Presse

Bizerte drawbridge to be lifted around midnight to allow testing under load

The Bizerte drawbridge will be temporarily raised around midnight on Thursday night until dawn, Friday, to allow it to be tested under load after technical interventions and repairs to the structure have been completed, said governor of Bizerte, Samir Abdellaoui.

To this end, the Bizerte Committee for Natural Disaster Preparedness and Emergency Relief has announced that the bridge will be closed to traffic, calling on road users and residents to respond positively to these measures and to exercise caution.

In an earlier statement, Abdellaoui said the bridge's electric lift had been successfully restored on Thursday and that the temporary opening of the bridge would allow all ships moored at the Bizerte commercial port to leave, pending the implementation of a completely new system for operating the bridge.

As a reminder, a fire had broken out in the engine room of the Bizerte drawbridge, on Wednesday, July 26, prompting the authorities to close the bridge and ban traffic.

Source: Agence Tunis Afrique Presse

Traffic stopped at Wazen border crossing by decision of Libyan authorities without prior notice

Traffic at the Dhehiba-Wazen border crossing was stopped on Thursday evening without prior notice and by decision of the Libyan authorities, who prevented Libyan cars from entering Tunisia and Tunisian cars from entering Libya, a security source told TAP's correspondent in the region.

The authorities at the Libyan border crossing allow Tunisian cars to return home and receive only Libyan cars returning to them.

The reasons for the suspension of traffic and its duration are unknown.

Security and customs authorities at the Dhehiba crossing continued their normal duties until the crossing reopens.

Source: Agence Tunis Afrique Presse

President of the Republic visits student Adnan Maamouri, victim of mine explosion in Mount Mghila

President Kais Saied went to the military hospital in Tunis on Thursday afternoon to visit student Adnan Maamouri, who lost an eye and the palm of his right hand when a mine exploded in Mount Mghila while he was collecting rosemary to pay for his school fees.

The President of the Republic spoke at length with the student "who has been struck by the treacherous hand of terrorism", stressing that he deserved to be honoured on the Day of Knowledge because he fights for a decent life with pride and dignity.

President Saied stressed that the state, through all its organs, must put an end to injustice against the poor "so that citizens can live safely in a state with preserved dignity and sovereignty," according to a statement issued by the Presidency of the Republic.

On the occasion of the Day of Knowledge, which was celebrated at the Carthage Palace on Thursday, the President honoured a number of brilliant students in basic, preparatory, secondary and higher education, scientific research and innovation, as well as a number of officials from the Ministry of Education and Higher Education.

Source: Agence Tunis Afrique Presse

Mali warns Air France that its slot could be granted to another company

The National Civil Aviation Agency of the Republic of Mali (ANAC-Mali) canceled Thursday, Air France's authorization to operate Summer 2023 flights, for "notorious breach ".

ANAC-Mali criticizes Air France for having decided to stop serving Bamako from August 7 to 11, 2023, without at least 72 hours' notice.

“Your slot could be granted to another company that requests it. To this end, I invite you to submit your program to me, again, before resuming your activity for the service to Bamako”, writes the DG of ANAC-Mali to the Delegate of Air France Mali.

Note that this Thursday, Burkina Faso took the same decision concerning Air France for the same grievances.

Source: Burkina Information Agency

Burkina: healing affair of Komsilga and situation in Niger commented on by the newspapers

The Burkinabè dailies that reached the AIB on Thursday continue to comment on the situation in Niger marked by a putsch, as well as the so-called Komsilga healer affair.

“Komsilga healer + case: Judgment postponed to August 23”, headlines the national daily Sidwaya which also informs that during his appearance this Wednesday before the High Court Ouaga II, the lawyers of the traditional healer of Komsilga, Larissa Nikiema said Adja Amsétou requested his provisional release but this request was rejected by the judges.

L'Observateur Paalga, the dean of private dailies in Burkina Faso agrees and also publishes the "statement" of the Superior Council of the Judiciary (CSM), signed by President Mazobé Jean Kondé.

According to the newspaper, the so-called Komsilga healer affair has not finished spilling a lot of ink and saliva.

For its part, Le Pays, another private daily, also publishes the declaration of the magistrates, highlighting on its front page: "Allegations of the existence of magistrates + rotten and sold +: The CSM says it is waiting for a complaint from the Head of State ".

In the same vein, L'Express du Faso, a private daily published in Bobo-Dioulasso, sports on its front page: "Thesis +of a big conspiracy+ against the State: The magistrates encourage IB (Ibrahim Traoré, Editor's note) to seize the justice ".

According to the Bobolais newspaper, “in a press release dated August 9, 2023, the Superior Council of the Judiciary (CSM) reminds the President of the Transition that, in his capacity as constitutional guarantor of the independence of the judiciary, there is a statutory framework for exchanges between him and the CSM to address calmly and in depth issues related to the proper functioning of justice”.

Meanwhile, Today in Faso points out that “the CSM takes note and formulates questions”.

The same newspaper devotes its headline to the situation in Niger, with the headline: “Accusation of attacks on villages by French forces: France's denial and explanations”.

In its editorial entitled "Abuja this August 10, 2023: ECOWAS in the midst of a muddy watch, chilly and calculating Nigerien putschists", Today in Faso wonders "what will happen today August 10, 2023 to this 2nd extraordinary ECOWAS summit devoted to the situation in Niger?

The editorialist notes that "after attempts by the Chadian head of state, Deby Jr., General Abdulsalami Abubakar and the sultan of Sokoto, the Bazoum men closed Niger like an oyster in the face of AU, UN mediators. and ECOWAS who were knocking at the door".

In its ''Regard sur l'actualité'', L'Observateur Paalga speaks of the "Birth of a rebel movement in Niger", noting that "it is getting complicated".

According to the colleague, this rebellion called the Council of Resistance for the Republic (CRR) promises to support international efforts to restore constitutional order in Niger and to reinstall President Mohamed Bazoum.

“His parent is none other than the former Minister of State Rhissa Ag Boula. Originally from Arlit, the area where the uranium mines are located, his name resonates like a return of old demons in the heads of Nigeriens when we know that he was a historic leader of the Tuareg rebellion in Niger in the 90s. », comments L'Observateur Paalga.

Source: Burkina Information Agency

Niger: Negotiation with the military regime must be the “foundation of our approach”, according to the President of ECOWAS

Negotiation with the military regime in Niger must be the “foundation of our approach”, Nigerian President Bola Tinubu said on Thursday in Abuja at the opening of a new ECOWAS summit on Niger. .

"It is crucial that we prioritize diplomatic negotiations and dialogue as the bedrock of our approach," said Nigeria's president, who holds the rotating presidency of the Economic Community of West African States (ECOWAS). .

Source: Burkina Information Agency