Western Asia

Caliburn International Donates $250,000 to American University of Iraq, Sulaimani (AUIS)

Retrieved on: 
Tuesday, June 8, 2021

Caliburn International announced today its intention to commit an initial $250,000 toward a new scholarship campaign with the American University of Iraq, Sulaimani (AUIS).

Key Points: 
  • Caliburn International announced today its intention to commit an initial $250,000 toward a new scholarship campaign with the American University of Iraq, Sulaimani (AUIS).
  • Caliburn has previously donated to similar initiatives, including school supply drives and a school renovation project funded and managed by Sallyport.
  • About American University of Iraq, Sulaimani
    American University of Iraq, Sulaimani (AUIS) is the first non-governmental, not-for-profit, American-style university in Iraq.
  • The only certified member in Iraq of the Association of American International Colleges and Universities, (AAICU), the University welcomes students from diverse communities throughout Iraq and the Kurdistan Region.

Accor Transforms its Accounting System for Hotels in Middle East with Infor SaaS Solution

Retrieved on: 
Tuesday, June 8, 2021

Learn more about Infor SunSystems: https://www.infor.com/solutions/erp/sunsystems

Key Points: 
  • Learn more about Infor SunSystems: https://www.infor.com/solutions/erp/sunsystems
    Accor operates over 5,100 hotels across 110 countries globally.
  • It has deployed Infor SunSystems to develop its new chart of accounts, and to manage and automate the finances for its hotels in the India, Middle East, Africa and Turkey region.
  • Infor SunSystems will enable us to automate and standardize our financial management, making reporting easier and more accurate across our operations in the Middle East, while also boosting efficiency and helping individual hotels."
  • More than 50 Accor hotels across Saudi Arabia, UAE, Egypt, Bahrain, Jordan, Qatar, and Oman are already covered by the SunSystems solution, and more hotels are in the process of migrating to the solution.

The World Logistics Passport (WLP) Welcomes Ten New Countries at Inaugural Global Summit

Retrieved on: 
Tuesday, June 8, 2021

DUBAI, UAE, June 8, 2021 /PRNewswire/ -- The World Logistics Passport (WLP) , a global, private sector-led initiative designed to smooth the flow of international trade and unlock market access, today welcomes ten new countries at its inaugural Global Summit.

Key Points: 
  • DUBAI, UAE, June 8, 2021 /PRNewswire/ -- The World Logistics Passport (WLP) , a global, private sector-led initiative designed to smooth the flow of international trade and unlock market access, today welcomes ten new countries at its inaugural Global Summit.
  • Sultan Ahmed bin Sulayem,Group Chairman and Chief Executive Officer, DP World, said: "Today's Summit marks an exceptional year for the World Logistics Passport, with the number of countries in this club of trading nations having risen to 23 across the world in just twelve months.
  • The WLP is helping countries grow their economies and create jobs, facilitating access to new markets and increasing the resilience of the global supply chain in the process."
  • The 2021 Index comes at a time when we are learning lessons from COVID-19 which tested logistics systems in 2020.

Survey Shows Support For Workplace Savings Reforms; 71% Of DIFC Employees Confident Of Getting Gratuity

Retrieved on: 
Tuesday, June 8, 2021

Two-thirds were also confident that they knew how their gratuity worked, as well as what it meant for them financially.

Key Points: 
  • Two-thirds were also confident that they knew how their gratuity worked, as well as what it meant for them financially.
  • Additionally, around 30% of respondents across the UAE have either only a basic level of awareness about their gratuity, or are completely unaware of their gratuity.
  • Moreover, 35% of UAE respondent employees were either "not very" or "not at all" confident about receiving their gratuity payment when the time came.
  • Meanwhile, the survey also highlighted the savings gap between expatriate and other employees in the UAE.

Survey Shows Support For Workplace Savings Reforms; 71% Of DIFC Employees Confident Of Getting Gratuity

Retrieved on: 
Tuesday, June 8, 2021

Two-thirds were also confident that they knew how their gratuity worked, as well as what it meant for them financially.

Key Points: 
  • Two-thirds were also confident that they knew how their gratuity worked, as well as what it meant for them financially.
  • Additionally, around 30% of respondents across the UAE have either only a basic level of awareness about their gratuity, or are completely unaware of their gratuity.
  • Moreover, 35% of UAE respondent employees were either "not very" or "not at all" confident about receiving their gratuity payment when the time came.
  • Meanwhile, the survey also highlighted the savings gap between expatriate and other employees in the UAE.

AJC Project Interchange Expanding Visits to Israel for Groups from Arabian Gulf, North Africa

Retrieved on: 
Monday, June 7, 2021

The first educational seminar in Israel for Arab Gulf leaders will take place in November, and a second group will come in January 2022.

Key Points: 
  • The first educational seminar in Israel for Arab Gulf leaders will take place in November, and a second group will come in January 2022.
  • The expansion of AJC Project Interchange programming builds on the global Jewish advocacy organization's intensive engagement with Gulf Arab and North African governments and civil society, as well as regular visits to the region, over the past 30 years.
  • To date, nine groups of U.S. Muslim leaders, nine from Germany and France, three from India and Indonesia, and one from North Africa have visited Israel with AJC's Project Interchange.
  • "The groundbreaking expansion of AJC's Project Interchange to include visits from and to Arab countries is aimed at reinforcing regional collaboration and, as a consequence, the circle of peace," added AJC CEO David Harris.

American Jewish Committee Opens Office in Abu Dhabi, Ambassador Marc Sievers Named Director

Retrieved on: 
Monday, June 7, 2021

NEW YORK, June 7, 2021 /PRNewswire/ --American Jewish Committee (AJC) has opened an office in the United Arab Emirates and named Ambassador Marc Sievers as the office's inaugural director.

Key Points: 
  • NEW YORK, June 7, 2021 /PRNewswire/ --American Jewish Committee (AJC) has opened an office in the United Arab Emirates and named Ambassador Marc Sievers as the office's inaugural director.
  • AJC Abu Dhabi: The Sidney Lerner Center for Arab-Jewish Understanding is the leading global Jewish advocacy organization's first office in an Arab country, and its 13th overseas post.
  • The announcement that AJC's Abu Dhabi office is now open came in a conversation today at the 2021 AJC Virtual Global Forum between Jason Isaacson, AJC Chief Policy and Political Affairs Officer, and Ambassador Sievers.
  • The AJC office in Abu Dhabi is named after the late Sidney Lerner, who, together with his widow, Helaine Lerner, have been longtime friends and partners of AJC.

Gastech to take place in Dubai at the Dubai World Trade Centre from 21-23 September 2021

Retrieved on: 
Monday, June 7, 2021

However, recent COVID-19 outbreaks across South-East Asia have created uncertainty around accessibility and travel, making it necessary to find an alternative venue to host Gastech 2021.

Key Points: 
  • However, recent COVID-19 outbreaks across South-East Asia have created uncertainty around accessibility and travel, making it necessary to find an alternative venue to host Gastech 2021.
  • Gastech 2021 is supported by the Ministry of Energy and Infrastructure of the United Arab Emirates.
  • Gastech 2021 will be held at the Dubai World Trade Centre.
  • Gastech will take place at the Dubai World Trade Centre, from 21-23 September 2021.

Carnrite to Moderate Executive Panels at Upcoming Reuters Events

Retrieved on: 
Monday, June 7, 2021

DUBAI, United Arab Emirates, June 07, 2021 (GLOBE NEWSWIRE) -- Alan Al Carnrite, President & CEO of management consultancy The Carnrite Group, has been tasked with moderating two expert panels at back-to-back Reuters Events in June.

Key Points: 
  • DUBAI, United Arab Emirates, June 07, 2021 (GLOBE NEWSWIRE) -- Alan Al Carnrite, President & CEO of management consultancy The Carnrite Group, has been tasked with moderating two expert panels at back-to-back Reuters Events in June.
  • At the Data Driven Oil & Gas 2021 conference, Carnrite is moderating the panel entitled Digital Transformation in Action: Upstream Operations.
  • When asked about the upcoming conferences, Carnrite said: Im excited about the opportunity to moderate these panels.
  • Carnrite recognises that its clients face difficult business decisions its mission is to make it easier for them.

DGAP-News: Falcon Private Bank AG trial to begin in September - Court must investigate the role of United Arab Emirates in one of the world's biggest financial scandals

Retrieved on: 
Monday, June 7, 2021

Falcon Private Bank AG trial to begin in September - Court must investigate the role of United Arab Emirates in one of the world's biggest financial scandals.

Key Points: 
  • Falcon Private Bank AG trial to begin in September - Court must investigate the role of United Arab Emirates in one of the world's biggest financial scandals.
  • Especially in the United Arab Emirates, the sensational trial will be closely watched.
  • Falcon Private Bank, which Abu Dhabi-based Aabar Investments PJS owned, is linked to billions of dollars in money laundering and fraud and is thus at the center of one of the biggest financial scandals.
  • The accused bankers are said to have looted their bank and the Malaysian state fund 1MDB.