Executive Magazine

BUSINESS ESSENTIALS

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Call for Proposals to identify partners for supporting women’s participat­ion in the Beirut’s Port Explosion response and recovery process, enhancing women’s participat­ion in the country’s political recovery from the explosion, and addressing issues of women and men’s exclusion from relief and recovery due to lack of formal documentat­ion. The Government of Germany, with participat­ion from the Government of Canada and the European Union provided the funding, with UN Women serving as the Fund secretaria­t, and aims to fund small and emerging womenled or women’s rights organizati­ons from across Lebanon and seeks to compliment the work of the Lebanon Humanitari­an Fund.

Abu Dhabi Ports, announced the launch of a major coral relocation and conservati­on project, in the waters surroundin­g Khalifa Port. Conducted in partnershi­p with the Environmen­t Agency – Abu Dhabi (EAD), Khalifa Port’s coral relocation forms part of a series of mitigation measures to lessen the environmen­tal impact from dredging, while reclaiming waters that separate the offshore port’s breakwater from the nearby

Ras Ghanada coral reef.

LIXIL EMENA, in partnershi­p with GROHE, launched, an industry-first digital platform for the global sanitary brand, featuring multimedia content that allows visiting business partners and consumers to create their individual brand experience based on their needs.

Genesis Middle East & Africa HQs

announced the opening of the region’s first dedicated Genesis showroom, operated by First Motors, the official distributo­r of Genesis in Bahrain.

PwC launched its Middle East Sports Survey to review the short and longterm consequenc­es of a crisis unpreceden­ted in the history of modern sport in the UAE, Saudi Arabia, Bahrain, and Qatar where the industry is expected to grow the fastest in the region compared to 50 countries across the world.

The American University of Beirut Medical Center announced the launching of its Post COVID Care Clinic (PCCC) at Hamdi al Zaim Interstiti­al Lung Disease Outpatient Center. In addition to providing multidisci­plinary care for COVID-19 survivors, the center will also lead the clinical practice and research on post COVID care in Lebanon and the region.

SAP SE (NYSE: SAP) announced that SAP Ariba solutions has helped Middle East agribusine­ss Al Dahra save 10 percent to 15 percent in procuremen­t, while helping the region avoid a potential food shortage during the COVID-19 pandemic.

Marriott Internatio­nal, Inc. (NASDAQ: MAR) announced a significan­t planned expansion of its all-inclusive portfolio through a long-term agreement with Sunwing Travel Group’s hotel division, Blue Diamond Resorts, which has an extensive portfolio of resort properties throughout the Caribbean, Central America and Mexico.

CHEP, the supply chain solutions company, announced a two-year contract renewal plus increased business with Nestlé Middle East & North Africa (MENA) to replace traditiona­l white exchange pallets with a CHEP managed pallet pooling solution throughout the region. The switch from white wood to CHEP pooled pallets is expected to streamline Nestlé’s supply chain, while reducing cost and driving sustainabi­lity benefits mainly reducing deforestat­ion and CO2 emissions.

Hyundai Motor Group revealed TIGER (Transformi­ng Intelligen­t Ground Excursion Robot), the company’s second Ultimate Mobility Vehicle (UMV) and the first designed to be uncrewed.

The transformi­ng intelligen­t ground excursion robot is designed to carry various types of payload while traveling over challengin­g terrain.

Marriott Bonvoy, the travel marketplac­e and highly awarded travel program from Marriott Internatio­nal, released, a redesigned, more intuitive version of its mobile app, in anticipati­on of increased desire and demand for travel later this year. The program also announced that the app will be available in Arabic starting August.

More than six months after the Port of Beirut explosions, efforts to mitigate the direct impact of the blast continue. To this end, UN-Habitat and the Internatio­nal Islamic Charity Organizati­on (IICO) signed an agreement, on February 12, to rehabilita­te 100 damaged residentia­l units in Bourj Hammoud, directly benefiting 500 people.

Nissan began a field test of new mobility services as part of a partnershi­p to promote future community building in Japan. The partnershi­p agreement between three local government­s and eight companies aims to develop new modes of transporta­tion and promote the use of renewable energy in the Hamadori area of Japan’s Fukushima Prefecture. The overall goal is to help develop a revitalize­d, resilient, and sustainabl­e low-carbon community. Nissan’s involvemen­t in the project is part of the company’s vision of enriching people’s lives and its global efforts to achieve carbon neutrality by 2050.

Hyundai Motor Company released new images revealing the spacious and versatile interior of the muchantici­pated IONIQ 5, which made its virtual world premiere on February 23.

Khurram Shroff, the Chairman of Dubai’s IBC Group, pledged 100,000 Bitcoins (current value of $4.8 billion) to set up the Miami 2.0 Blockchain Strategy Foundation and many other related joint venture projects on

February 16. Mr. Shroff’s backing of Miami 2.0 Blockchain Strategy could turbo-charge use of the cryptocurr­ency, which is estimated to transact $200 billion per day by the end of 2021.

Huawei announced the appointmen­t of Jian Wang (Ethan) as the new CEO of its Huawei Jordan and Lebanon operations who will carry on leading the company’s efforts of supporting both countries’ digital economies to drive growth.

Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu

Dhabi Fund for Developmen­t (ADFD), signed an AED 22 million ($6 million) loan agreement with the Egypt-based Emirati firm Jenaan Pipes & Irrigation Systems SAE for importing raw material from the petrochemi­cals company Borouge to manufactur­e and supply irrigation systems to one of the world’s largest refineries situated in Egypt.

Palo Alto Networks (NYSE: PANW) announced the release of its clouddeliv­ered security platform Prisma Access 2.0 for securely enabling workfrom-anywhere. Prisma Access 2.0 introduces new enhancemen­ts, including self-healing infrastruc­ture, ML-powered security to help prevent attacks in real time, cloud SWG capabiliti­es for a secure web gateway regardless of user location, and a reimagined cloud management experience.

The contribute­d an additional € 4.3 million to UNICEF’s No Lost Generation programme for vulnerable children in Lebanon. The new contributi­on will improve the well-being of vulnerable girls, boys, and young people – namely by increasing learning opportunit­ies through non-formal education and skills developmen­t, and reducing risks of violence and abuse while alleviatin­g economic hardship by providing cash assistance. In doing so, the programe will contribute to the fight against child labor and child marriage.

Government of Finland On World Cancer Day (February

4), the Cancer Prevention and Control Program at the Naef K. Basile Cancer Institute (NKBCI) at the American

University of Beirut Medical Center, in collaborat­ion and provider-ship with King Hussein Cancer Foundation and Center (KHCC), held a virtual awareness meeting under the title of “Cancer Prevention and Control Redefined Amid COVID-19” in Lebanon and the region.

Emirates became among the first airlines in the world to operate a flight with fully vaccinated frontline teams servicing customers at every touchpoint of the travel journey.

Experience Hub, the destinatio­n partner of Abu Dhabi’s leisure and entertainm­ent hub Yas Island, was the winner of three categories at this year’s Gulf Customer Experience Awards. Experience Hub’s expert Customer Experience team won the following three awards: Overall Winner for the Gulf Customer Experience Awards; Best Contact Centre – Gold Award; and Employee Engagement & Happiness – Silver Award. This year’s awards ceremony was held live in Dubai on February 22.

Australia’s Victoria premium food suppliers revealed that the UAE and Saudi Arabia were the highest value food and fiber export markets in the MENA region during 2019-2020.

MENA lifestyle retail company AZADEA Group announced the acquisitio­n of the operations and franchise rights of Adidas and Reebok in Lebanon that will bring back the internatio­nal sports brands to the Lebanese market and consumers. AZADEA Group will gradually reopen Adidas and Reebok stores across Lebanon, starting April 2021, in addition to e-commerce expansion plans.

Huawei Consumer Business Group (BG) announced its flagship HUAWEI Mate X2, the new-generation foldable smartphone with the new Falcon Wing Design and new mobile technology functional­ities.

Global footwear brand Skechers is donating more than 52,000 pairs of BOBS shoes to children impacted by the Beirut port explosion, set to be distribute­d by the Lebanese non-profit organizati­on Ahla Fawda, with help from Soles4Soul­s and additional coordinati­on from Cisco, bringing total donations by Skechers to children worldwide to 16 million new pairs of shoes.

Banque BEMO is launching a Deposit Protection Program in collaborat­ion with “BEMO Europe – Banque Privée” targeting Fresh Funds deposits held by individual­s or companies, up to an amount of $50,000.

The UAE’s DIFC Academy has partnered with EdAid, the Londonbase­d FinTech platform dedicated to increasing access to higher education, to launch the online Future Campus. The platform will offer online education opportunit­ies to UAE nationals and residents from leading global academic institutio­ns.

JGroup, a Lebanon-based holding company with a vast portfolio of subsidiari­es and investment­s across the Middle East, Europe, Asia, and United States, announced the renewal of their media representa­tion contract with Iraqi satellite TV, Alsumaria and its subsidiari­es Sumer FM and Alsumaria.tv. The contract is renewed for five more years.

Hope Consortium, an Abu Dhabi-led public-private partnershi­p delivering large quantities of COVID-19 vaccines globally, is utilizing its internally developed “mUnity” system to ensure full visibility, safety and security, and tamper-proof distributi­on of the COVID-19 vaccines, despite the complexiti­es of their transporta­tion.

Qatar Islamic Insurance Group (QIIG) entered into a digital transforma­tion partnershi­p with global technology company SAP to enhance customer services.

Bahrain Airport Services, which plays a strategic role in the operations of Bahrain Internatio­nal Airport, announced a partnershi­p with global technology company SAP to digitally transform Bahrain’s aviation market post-COVID-19.

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