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AHRC Salutes Students Protesting Against the Genocide in Gaza, Calls for Respect of First Amendment Rights

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شمس سيف
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AHRC Salutes Students Protesting Against the Genocide in Gaza, Calls for Respect of First Amendment Rights

The American Human Rights Council (AHRC-USA) joins peace loving people across the nation expressing support for the right of the students to protest and assemble free from fear, intimidation, scare tactics and other efforts to suppress their ability to express themselves freely.

Students around the country and at different prominent universities such as Columbia, Harvard, Yale, Berkeley, NYU, and University of Michigan have gathered in “Encampments for Gaza” to take a stand against the ongoing Israeli genocide war against the occupied Palestinians in Gaza and the West Bank. These students are taking an honorable stand against the ongoing human rights violations and war crimes against the Palestinians.

AHRC condemns the suppression of the constitutional rights of students. These students should be protected and not be subject to th

e heavy hand of the law simply for exercising their constitutional rights. This suppression is immoral and unconstitutional and goes against the very idea of a university.

These honorable students have been falsely accused of being “anti-Semitic” or anti-Jewish. This is a blatant lie. Many of these protesters are Jewish. They are taking a stand against an ongoing genocide in Gaza. The World Court said there is a genocide. President Biden himself admitted last December that Israel’s bombardment of Gaza is “indiscriminate.” Israel is preventing Gazans from receiving the food they need to survive. The attacks on humanitarian aid workers have been systematic. There is ample reason for these students to be angry and to express their anger peacefully on their own campus.

Siemens Mobility together with Hassan Allam Construction wins signaling contract for the UAE – Oman Railway Link (Hafeet Rail)

By
شمس سيف
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Siemens Mobility together with Hassan Allam Construction wins signaling contract for the UAE – Oman Railway Link (Hafeet Rail)

Siemens Mobility, together with its consortium partner Hassan Allam Construction, is honored to announce that it has been awarded the Abu Dhabi – Sohar Design and Build Railway Systems and Integration contract by Oman – Etihad Rail, a joint venture co-owned by the two countries to deliver this network. Siemens Mobility and Hassan Allam Construction will deliver the design, build and integration of the ETCS Level 2 signaling, telecom and power supply systems over the 303-kilometer-long Abu Dhabi – Sohar railway link. The signaling solutions are state-of-the art and desert-proof. This project marks the first-ever cross-country railway network in the Middle East and Arab world.

 

Andre Rodenbeck, CEO of Rail Infrastructure at Siemens Mobility said: “Siemens Mobility as a global market leader and innovation driver with more than 150 years of signaling and railway automation technology, is proud to be providing its latest intelligent technology solutions, along with its continuous support to UAE and Oman’s ambitions and vision.”

 

Ayman Ashour, CEO of Siemens Mobility in the UAE stated: “We are deeply honored and proud to have been entrusted by Oman – Etihad Rail with this strategic project that will not only contribute to the social and economic furtherment of both countries, but which I believe will be a ground-breaking project for the entire region.”

 

Hassan Allam, the Chairman of Hassan Allam Construction said: “We are proud to join Siemens Mobility in delivering the advanced signaling solutions that will ensure the safe and seamless transportation of passengers and goods between UAE and Oman. Hassan Allam Construction and Siemens have a long-standing record of successful collaboration in Egypt, and we are honored to extend this partnership in other important regional countries like UAE and Oman.”

 

As part of a vision to connect the different GCC nations through a Rail Network, the project connects to and shall be fully integrated into the current and proposed Regional GCC railway network. The UAE – Oman Railway network (Hafeet Rail) will connect the port of Sohar in the Sultanate of Oman to the UAE National Railway network at Abu Dhabi, a network which connects all the seven emirates of the UAE up to the border of the Kingdom of Saudi Arabia. Through this historic project, both countries aim to ease the practice of cross-border trade and raise the efficiency of the supply chain system by linking commercial ports and economic zones to the railway network and enhancing commercial and social connectivity between the two countries. The project also aims to link industrial hubs between the two nations and enhance the effectiveness of logistical services, as well as the expansion of different industrial sectors, economic activity, and tourism.

 

Siemens Mobility’s Rail Infrastructure unit

Siemens Mobility’s Rail Infrastructure business unit is a global leader in intelligent mobility solutions, transforming transportation through advanced signaling technology for mainline, mass transit, and freight railways. With a focus on reliability, flexibility, and safety, Siemens Mobility provides innovative solutions for both urban and mainline rail systems, driving the transition to a digital railway and automation. Committed to digitalization, automation, and electrification, Siemens Mobility shapes the future of mobility, creating safer, greener, and more connected cities worldwide.

 

New Research by St. George’s University, School of Medicine Faculty Could Impact Global Heart Health Treatments

By
شمس سيف
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New Research by St. George's University, School of Medicine Faculty Could Impact Global Heart Health Treatments

ributed to the academic landscape through publishing many research articles. Dr. Rohit Mishra and Dr. Aishwarya Singh, two faculty members at St. George’s University (SGU), School of Medicine in the Caribbean have concluded research that could impact heart health, and associated treatments, on a global level.

The research program evaluated the benefits and risks of beta blockers – a class of medications used to manage abnormal heart rhythms and prevent heart attacks from recurring.

The results and findings offer hope to those suffering with heart problems, alongside other co-existing conditions, that beta blockers can be a recommended treatment option. However, the effectiveness of the medicine can differ from one person to the other based on factors such as medical history and gender.

Findings of the research were published in a book by the duo, titled “Beta Blocker: Its Effect and Safety” affirming the safety of beta-blockers, specifically in patients experiencing hypertension (high blood pressure), diabetes, anxiety and other illnesses.

According to the Journal of Current Problems in Cardiology, the burden of cardiovascular disease has decreased in the region, but there remains a considerable death and morbidity rate, especially from ischemic heart disease (heart muscle weakening caused by reduced blood flow). The research findings from this book will help educate the public and patients on the effectiveness of different beta blockers in treating heart diseases on males and females of different age groups.

 

Dr. Rohit Mishra, Assistant Professor of Pathology at St. George’s University, School of Medicine commented: “The research, subsequently published in our book, helps give patients and doctors an idea of the medicine’s efficacy and benefits. I was diagnosed with hypertension at an early age and took beta blockers. That has inspired my journey into educating the public about this treatment option and its effectiveness on the different age groups and genders. However, patients should never use beta blockers without the supervision of a physician.”

 

Dr. Aishwarya Singh, Assistant Professor of Pathology at St. George’s University, School of Medicine said: “We wanted our efforts to also help bridge the gap between research on beta blockers and the pressing issue of cardiovascular diseases (CVD) being the leading cause of death globally, including the Middle East and North Africa (MENA). While beta blockers are primarily used for cardio-related illnesses such as heart failure, they are also used for treating migraines and glaucoma (nerve damage causing vision loss), and we hope our book will stimulate further conversations among global medical professionals.”

 

Dr. Mishra is an accomplished medical professional with a distinguished career as a highly regarded physician and educator from India. Dr. Mishra has focused primarily on treating hypertensive patients as a practicing physician. Driven by a passion for medical education, Dr. Mishra is currently an Assistant Professor of Pathology at SGU, teaching medical students. He is also serving on the editorial boards of two international journals and has actively contributed to the dissemination of medical knowledge through the publication of numerous research articles.

 

Dr. Singh is an esteemed medical professional with a diverse background, bringing a wealth of expertise to the healthcare landscape. Dr. Singh holds the prestigious title of Medical Doctor (MD) from China and has made significant contributions to the medical field through years of dedicated clinical experience, particularly in the management and treatment of hypertensive patients. Dr. Singh moved to SGU, Grenada as an Assistant Professor of Pathology, to fulfill her commitment to teaching medical students. Dr. Singh has cont

British International Investment and Citi launch $100 million risk-sharing facility to support trade finance in frontier and emerging African economies.

By
شمس سيف
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British International Investment and Citi launch $100 million risk-sharing facility to support trade finance in frontier and emerging African economies

The UK’s development finance institution and impact investor, today announced the signing of a $100 million risk-sharing facility with Citi to support the trade finance needs of SMEs and corporates in frontier and emerging African economies. The initiative was announced during a signing ceremony in Washington at the World Bank’s Spring Meetings and is expected to provide a boost to businesses with high-potential but limited by a lack of finance.

The investment seeks to address the critical lack of foreign currency in the region by providing trade finance liquidity to Citi’s extensive network of commercial banks, enabling financial institutions to increasingly support African businesses with imports of key commodities such as wheat, fertiliser, rice and sugar.

The BII and Citi facility will help local businesses in underserved markets to finance the import of economically productive goods, transport, essential equipment and machinery supporting the emergence of manufacturing industries in frontier and emerging economies, including Benin, Cameroon, Côte d’Ivoire, Rwanda, Tanzania, Uganda and Zambia.

The funding comes as local businesses struggle to secure key imports due to challenges precipitated by the COVID-19 pandemic and the Russia-Ukraine war, which have led to high inflation, rising interest rates and an increase in commodity prices. As a result, the trade finance gap in Africa has increased by approximately a third since the onset of the pandemic, climbing from $81 billion in 2019 to $120 billion in 2023.

BII has supported businesses in Africa since 1948 and Citi opened its first office in the continent in 1920. The new facility leverages their combined expertise and will potentially deepen Citi’s relationships with over 200 local banks who in turn can empower ambitious companies facing severe funding constraints in harder-to-reach markets.

The UK’s Minister for Development and Africa Andrew Mitchell said: “This investment underlines BII’s commitment to supporting fragile economies across Africa in accessing vital goods to support food production, including fertiliser and agricultural machinery. By investing in countries where support is most needed, BII continues to take a lead in the fight against food insecurity.”

Nick O’Donohoe, CEO, British International Investment, said: “Our investment with Citi deepens BII’s footprint across the continent and supports local businesses struggling to maintain and expand operations due to a lack of capital. The facility is testament to our commitment to tackle complex issues such as food security in Africa by extending liquidity solutions to strategic sectors. This empowers local businesses to strengthen supply chains and accelerate the flow of essential trade.”

Stephanie von Friedeburg, Head of DFI Strategic Partnerships, Citi, said: “Citi is proud to work with BII in seeking to strengthen trade, and food security in frontier and emerging African economies. Today’s announcement brings together BII’s long history of support in the region, with Citi’s unique cross-border vantage point. At Citi, we understand the transformative potential of global trade and are committed to bringing solutions that facilitate critical investments to enable economic growth.”

This investment contributes to the United Nations’ Sustainable Development Goals 1, 2 and 8, No Poverty, Zero Hunger, and Decent Work & Economic Growth.

SIS: Egypt completely denies any discussion with Israel regarding Rafah invasion

By
شمس سيف
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SIS: Egypt completely denies any discussion with Israel regarding Rafah invasion

Head of the State Information Service (SIS) Diaa Rashwan categorically denied what was published in one of the major American newspapers, claiming that Egypt had discussed with the Israeli side about its plans for the planned invasion of Rafah.

Rashwan affirmed the firm Egyptian sitiuation announced several times by the political leadership, of complete rejection of this invasion, which will lead to massacres, massive human losses, and widespread destruction, added to what the brotherly Palestinian people in the Gaza Strip suffered during 200 days of bloody Israeli aggression.

Egypt’s repeated warnings had reached the Israeli side – from all channels – since they proposed the idea of carrying out a military operation in Rafah, due to these expected losses, in addition to the extremely negative repercussions that would follow on the stability of the entire region, he explained.

Rashwan added that while Israel is contemplating this invasion, which Egypt and all the countries of the world and its international institutions stand against, the continuous Egyptian efforts since the beginning of the Israeli aggression have focused on reaching a ceasefire agreement and the exchange of prisoners and detainees, in addition to seeking the entry of humanitarian aid to our brothers in Gaza to the sufficient extent, and for all its regions, especially the north and Gaza City, and to evacuate more wounded and sick people for treatment outside the Strip, where almost all health services have ended.

Agthia Group Shareholders Approve Cash and Stock Dividends at Annual General Meeting

By
Sahfy Sahfy
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Agthia Group Shareholders Approve Cash and Stock Dividends at Annual General Meeting
Agthia Group Shareholders Approve Cash and Stock Dividends at Annual General Meeting

Agthia Group PJSC (“Agthia” or “the Group”), one of the region’s leading food and beverage companies, held its Annual General Meeting at the Four Seasons Hotel Al Maryah Island in Abu Dhabi today, where shareholders attended both in person and electronically.

During the meeting, shareholders approved the Group’s financial results for the fiscal year ended December 31, 2023, in addition to all other recommendations put forth by the Board of Directors, including the allocation of cash and stock dividends.

The Board of Directors had earlier recommended a cash dividend payment of 18.5 fils per share for the year, in addition to bonus shares at the rate of 5% of share capital, on the basis of Agthia’s strong financial performance in 2023. The Group has already paid an interim cash dividend of 8.25 fils per share (AED 65.31 million) for the 6 months ending on 30 June 2023, aligning with its semi-annual dividend policy. Total dividends distributed for the year amounted to AED 146.5 million, reflecting a 12% increase compared to the cash dividend distributed in 2022.

Khalifa Sultan Al Suwaidi, Chairman of Agthia Group, commented: “It gives me immense pride to witness the tangible outcomes of Agthia’s strong financial performance in 2023. Through the provision of both cash and stock dividends, we anticipate enabling our shareholders to further benefit from our financial success and growth. This strategic choice aligns with our enduring commitment to prioritizing shareholder value and to realizing our strategic vision beyond 2025. We are continually inspired by the visionary leadership of the UAE, which constantly challenges norms and demonstrates the extraordinary results achievable through a clear vision and flawless execution.”

Alan Smith, Group Chief Executive Officer of Agthia Group, commented: “In 2023, we delivered against all our key growth drivers and executed with a consistent focus on supporting our go-to-market teams, delivering for our customers, and leading with innovation to accelerate our growth, now and in the future. Agthia enters the new year with very strong foundations, and clear strategic growth plans in place. While the macroeconomic and geopolitical contexts are shifting, our business is now well-positioned and more resilient than ever. This gives us confidence in our ability to navigate unforeseen disruptions and we remain committed to expanding our capabilities, driving innovation and efficiencies, fostering growth, and advancing sustainable value creation for all stakeholders.”

Agthia Group recently reported a strong fiscal performance in 2023, surpassing guidance ranges with Group net revenue growing over 12% year-on-year to reach AED 4.56 billion. Group EBITDA margin expanded 113bps to 15.1%, with strong growth in profitability from Snacking and Water & Food. The Group also reported a growth in underlying Group net profit margin of 80bps to 7.5%. Agthia’s balance sheet remained robust with cash and equivalents of AED 0.6 billion.

200 Days of Genocide: Israeli forces target Gaza beaches as warplanes continue bombing areas

By
Sahfy Sahfy
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200 Days of Genocide: Israeli forces target Gaza beaches as warplanes continue bombing areas
200 Days of Genocide: Israeli forces target Gaza beaches as warplanes continue bombing areas

Israeli gunboats targeted several beaches of Al-Zawaida, Deir Al-Balah, and Al-Nuseirat, while the areas north of the Gaza Strip saw a series of violent airstrikes, which resulted in the killing of a number of citizens, and injuring others, amidst destruction of homes and property.

WAFA correspondents said that after 200 days of Israeli aggression, occupation warships bombed the beaches of the Al-Zawaida and Deir Al-Balah areas in the central Gaza Strip.

Israeli gunboats also fired shells towards Nuseirat Beach in the central Gaza Strip.

The occupation artillery targeted north of Nuseirat camp in the center of the Gaza Strip, while warplanes raided Al-Thalatheni Street in the center of Gaza City.

The areas of northern Gaza and the city of Khan Yunis, south of the Strip, saw a series of violent raids by occupation aircraft as well.

The Israeli occupation forces Monday evening bombed several areas in the Gaza Strip. WAFA correspondent reported that the forces entered the town of Beit Hanoun, north of the Strip, from several directions amidst gunfire, while the Israeli artillery bombed the vicinity of the shelter centers on Zamo Street in the town.

He added that the occupation artillery targeted Al-Shaima Street in Beit Lahia, north of Gaza, while military vehicles and drones opened fire towards Al-Mughraqa and Al-Zahraa in the central Gaza Strip.

The Civil Defense Service in the Gaza Strip said in a statement that the number of bodies discovered had risen to 283, in a mass grave found on Saturday in Nasser Hospital in the city of Khan Yunis, south of the Strip, from which the Israeli army withdrew after widespread violations.

The death toll in the Gaza Strip rose to 34,151, with 77,084 injuries, the majority of whom were children and women, since the start of the Israeli occupation aggression on October 7th.

HC Company: Devaluation of the Egyptian pound in favor of Orient Weavers Company

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Sahfy Sahfy
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Oriental Weavers: Capitalizing on a weaker EGP
Oriental Weavers: Capitalizing on a weaker EGP

In a recent report, HC Brokerage presented their evaluation of Oriental weavers forecasting a strong 2024 mainly on higher selling prices and export rebates.

Pakinam El-Etriby, Consumers Analyst at HC commented that: “ ORWE navigated well supply chain disruption caused by the Russia-Ukraine War, in our view: In 2021, the company performed exceptionally well, operating at full capacity and achieving a gross margin of c16% mainly due to pent-up demand following the COVID-19 outbreak and 2020 lockdowns. However, following the outbreak of the Russia-Ukraine War in February 2022, its associated supply chain disruptions led ORWE’s international clients to stock up as a precautionary measure, leading its exports to notably decline by mid-2022, also impacted by the inflationary environment in the US and Europe. This trend continued into 2023; however, towards the end of 2023, exports began to recover gradually, reaching 17.5m sqm in 4Q23 (up c15% y-o-y). In the local market, demand started to recover by the end of 2022 to 12.9m sqm by 4Q22 (up by c21% y-o-y) as traders stocked up to hedge against further price increases following the March 2022 and October 2022 EGP devaluations. Despite the high inflation, local demand remained relatively stable throughout 2023, dropping by only c3% y-o-y to 43.1m sqm. As for polypropylene prices, ORWE’s main raw material making up c26% of its FY23 total COGS, its price fell by c10% y-o-y to USD1,361/ton in 2022 and c22% y-o-y to USD1,062/ton in 2023, despite a c34% y-o-y higher oil prices averaging USD99.1/bbl in 2022, yet it dropped c18% y-o-y to USD81.8/bbl in 2023. We attribute the decline in polypropylene prices in 2022 despite higher oil prices to weak demand and excess supply in the polypropylene grade used in carpet manufacturing, causing the commodity to decouple from oil prices in 2022.”

“We forecast ORWE’s revenue to grow at a 2025–29e revenue CAGR of c11% on higher average selling prices: “ We forecast ORWE’s revenues to grow at a CAGR of c11% over our 2025–29e forecast period, with volumes growing at a CAGR of c5% and average selling prices at a CAGR of c6%. In 2024, we expect ORWE’s local revenue to increase by c28% y-o-y to EGP8.23bn, propelled by c42% y-o-y increase in average local selling prices to EGP212/sqm, following the 6 March EGP floatation, despite a c10% y-o-y drop in volumes to 38.8m sqm. Furthermore, we expect exports to increase c41% y-o-y to EGP15.9bn, representing c66% of ORWE’s total sales, mainly on a c35% y-o-y surge in average exports selling prices to EGP217/sqm, capitalizing on the weaker EGP, and a c5% y-o-y rise in volumes to 73.0m sqm. During 1H24, we foresee a c5% y-o-y decline in export volumes to 32.5m sqm impacted by tensions in the Red Sea and a c15% y-o-y recovery in 2H24 to 40.6m sqm. Accordingly, we estimate a c36% y-o-y increase in total revenue to EGP24.1bn in 2024, primarily driven by a c37% y-o-y increase in average selling price to EGP215/sqm, despite a c1% y-o-y drop in total volumes to 112m sqm. ORWE targets increasing its exports to the US and Saudi markets to c70% of its total production in 2024 from c65% a year earlier, as it targets increasing its 2024 exports to the US market to c36% of total sales from c30% and to c40% within three years. Also, ORWE targets exporting c10% of its total production in 2024 to Saudi Arabia.” El-Etriby added.

We expect ORWE’s gross profit margin to average c14% over our 2025-29e forecast period: “ In 2024, we expect ORWE’s gross profit margin (GPM) to expand to c15% from c14% in 2023, on the higher selling prices, with the 37.4% y-o-y increase in selling price/sqm, exceeding the 36.6% y-o-y increase in average cost/sqm, on our numbers. Our 2024 COGS assumptions imply that c54% of total COGS are USD-denominated, including polypropylene. We assume it will increase by c5% y-o-y to USD1,110/ton in 2024, and also increase by an average of c2% over our 2025–29e forecast period. However, starting in 2025, we estimate GPM to start normalizing and reach 13.6% by FY29e, driven by steady selling price increases averaging only c6% versus an average cost increase of c7% over the forecast period, as given the nature of the industry, falling under consumer discretionary, we believe that demand for the company’s products is sensitive to price increases. We forecast EBIT margin to expand by 1.11 pp y-o-y to 13.8% in 2024, mainly driven by export rebates doubling y-o-y to EGP800m. Over 2025-29e, we expect export rebates to grow at a CAGR of c8%, reaching EGP916m by the end of our forecast period, in line with the Egyptian government’s efforts to offer immediate payments to exporters under its new export rebate program. We expect EBIT margin to average c12% over our forecast period and reach c11% by FY29e. Subsequently, we expect net profit margin (NPM) to increase by c1 pp y-o-y to c11% in 2024 and average c10% over 2025–29e.” Pakinam El-Etriby concluded.

Hosted by MOT The Autonomous e-Mobility Forum

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Sahfy Sahfy
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Hosted by MOT The Autonomous e-Mobility Forum
Hosted by MOT The Autonomous e-Mobility Forum

The Autonomous e-Mobility (AEMOB) Forum, held under the patronage of H. E. Jassim Saif Ahmed Al-Sulaiti, Minister of Transport, and hosted by its strategic partner, the Ministry of Transport (MOT) of the State of Qatar, revealed its final program and speakers lineup in a press conference held at the Ministry on Monday, 22 April.

The list of sponsors of the event so far includes more than 20 prominent sponsors and partners, including Mowasalat Company (Karwa), the forum’s transportation partner, Qatar Railways Company (Rail) and Microsoft Corporation as gold sponsors, Al Jaidah Group and the Qatar Free Zones Authority as silver sponsors, and Al Abdul Ghani Motors, QTerminals, Uber and DHL were bronze sponsors of the event, along with a number of bodies, companies and other entities representing the public and private sectors.

The forum attracts more than 40 speakers from 20 countries from around the world, including policy makers, representatives of government agencies, academics, industry experts, engineers, consultants and prominent leaders, to present their visions and ideas and exchange experiences on a number of important topics in the field of electric transportation and self-driving mobility during the forum’s activities. This gives participants a unique opportunity to benefit from their experiences and knowledge.

The forum will include keynote speeches, presentations and panel discussions with the participation of a group of experts, in addition to an accompanying exhibition highlighting the innovations of international and regional companies involved in this field, making the forum a unified platform for dialogue and exchange of ideas about the potential of autonomous technology and e-mobility ecosystems and their impact on societies in the world from the perspective of Technology, research and policy.

On this occasion, MOT’s Acting Assistant Undersecretary of Land Transport Affairs Eng. Hamad Essa Abdulla, said, “The world faces a critical turning point with regard to fulfilling the pressing need for sustainable transportation solutions. Autonomous e-vehicles are among the promising alternatives in this field. They represent a paradigm shift and transformative trend in the area of transportation since the future of e-vehicles complies with global sustainability efforts as they can help reduce emissions, enhance energy consumption efficiency, and provide innovative mobility solutions, something which significantly contributes to combating climate change.”

In step with that global trend, he added, Qatar has gone a long way in implementing the strategy of the gradual transitioning to e-vehicles and expanding their use. More than 70% of public bus fleet has been transitioned to electric and the plan is to increase that percentage gradually to 100% by 2030, he said.

“MOT’s hosting of that event aims at providing an ideal platform to bring together key industry leaders, policymakers, senior officials, experts, speakers, as well as representatives from ministries, government entities, the private sector, academia, and international stakeholders, to foster knowledge, exchange expertise, explore collaboration opportunities, and put together recommendations on the real and practical future of operating electric and autonomous vehicles,” he added.

On this occasion, Mr. Ahmad Hassan Al Obaidly, Mowasalat (Karwa) CEO, said: “We are proud to be the official transport partner for this high-level event. At Mowasalat (Karwa), electric and sustainable mobility solutions are always at the forefront of our efforts, where the topic of autonomous electric transport is a future topic that must be addressed for the benefit of the entire region. We look forward to participating in discussions and exchanging knowledge with many experts in this field during the forum. It is a great honor for us to contribute to this event, which is considered a platform for developing sustainable transportation concepts, under the supervision of the Ministry of Transport.”

From his part, Mr. Abdulla Ali Al-Mawlawi, Communication & Public Relations Director at Qatar Rail stated, “We are pleased to participate as a gold sponsor of the first international Autonomous e-Mobility Forum, hosted by the Ministry of Transport and organized by Just us & Otto Company under the patronage of H.E. Jassim bin Saif Al-Sulaiti, Minister of Transport.”

He added, “Our participation in the Autonomous e-Mobility Forum provides us with an opportunity to showcase the Qatar Rail’s initiatives and contributions in the field of sustainable transportation through our Doha Metro and Lusail Tram networks. Additionally, it allows us to highlight the company’s prominent sustainable practices across its various projects.”

Al-Mawlawi praised the relentless efforts and diligent endeavors exerted by the Ministry of Transport to provide sustainable public transportation solutions in Qatar, and to support and sponsor all positive initiatives in this regard.

Also, he expressed his gratitude to the team at Just us & Otto Company for their efforts in organizing this pioneering event, which provides a leading platform for exchanging experiences, ideas, and enriching discussions about the latest updates in sustainable transportation.

Speaking at the press conference, Ahmad Al Ansari, Executive Committee member of the AEMOB Forum noted, “We are truly excited to unveil the final program and speakers lineup for the AEMOB Forum, which will be the inaugural event. It will provide a comprehensive platform for experts and industry leaders to discuss driverless e-mobility and how these technologies can be brought to life in real-world settings, whether in Doha or elsewhere in the world. We look forward to welcoming our esteemed speakers and attendees to Doha.”

Baheej Tourism Development Company: Platinum Sponsor at the 2024 Future Hospitality Summit

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Sahfy Sahfy
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Baheej Tourism Development Company: Platinum Sponsor at the 2024 Future Hospitality Summit
Baheej Tourism Development Company: Platinum Sponsor at the 2024 Future Hospitality Summit

Baheej Tourism Development Company, a collaborative venture between ASFAR, the PIF-owned investment company, and the alliance between AWN Enterprises and Tamimi Group, a private joint venture, proudly announces its platinum sponsorship for the upcoming Future Hospitality Summit 2024. The summit is set to unfold from April 29 to May 1 at Riyadh Mandarin Oriental Al Faisaliah.

Under the theme “Invest in Tomorrow: Today. Together,” the Future Hospitality Summit (FHS) will spotlight Baheej’s first destination in Yanbu and the signing of strategic agreements with various partners. In addition, Baheej will actively engage in panel discussions during the FHS, addressing essential topics focused on hospitality investment, sustainable development, and human capital. The primary focus will be advancing the quality of life and tourism in coastal destinations, perfectly aligning with the objectives outlined in Saudi Vision 2030.

Norah Al Tamimi, CEO of Baheej Tourism Development Company, remarked, “As a diversified development and destination management firm, Baheej is dedicated to bridging the gaps within the communities it develops across Saudi Arabia, fostering year-round destinations that enhance the quality of life for residents and draw in more visitors. By fostering cross-sector growth, particularly in hospitality, retail, and leisure, we aim to offer immersive experiences that invite exploration and enjoyment.”

“With numerous significant and strategic agreements on the horizon, Baheej possesses not only the requisite capabilities and expertise but also the essential partnerships to deliver comprehensive development for our destinations. We look forward to unveiling these exciting developments and strategic agreements during FHS,” she added.

Baheej Tourism Development Company was established last year as a dynamic development and destination management firm. This venture is a collaborative effort involving ASFAR, a Saudi Tourism Investment Company supported by the Public Investment Fund, and the private joint venture of AWN Enterprises and Tamimi Group. Baheej is committed to advancing diversified development, in harmony with the visionary objectives of Vision 2030.

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