The Business Year

Sheikh Faisal Bin Qassim Al Thani CHAIRMAN, AL FAISAL HOLDING

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OUR BUSINESSES HAVE ADAPTED well to the current situation, applying the right measures to protect employees and all stakeholde­rs through social distancing measures, sanitizati­on, and increased awareness of safety guidelines. Several businesses under our company have shifted to online operations, such as hotels, where customers have been able to continue to order their favorite foods, and Ebn Sina pharmacies, which were able to join the online app Rimads, where customers can order medicine from the comfort of their own homes. In addition, it was truly a pleasure to witness how our education institutio­ns, Stenden University and Gulf English School, were able to deliver digital education. It is also worth mentioning that we are applying Oracle software technology throughout all our operations. Our immediate strategic objectives for the coming period are to conduct digital transforma­tion among our business operations to ensure efficiency, continuity, and safety. We will also continue as well to explore new opportunit­ies that can add value to Al Faisal Holding and all our stakeholde­rs. I am confident that we will be able to mitigate the undesirabl­e effects of the pandemic by having the right strategies in place. We have a solid foundation and a strong financial position that will help us to navigate the rest of 2020 and 2021 with confidence and resilience.

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