Qatari Hamad bin Jassim Al Thani among World’s Richest Arabs – Forbes : April 2021

Hamid bin Jassim bin Jaber Al Thani (aka) Hamad bin Jassim Al Thani (aka) HBJ is among the world’s richest Arabs according to Forbes.

Highlights:

  • Former Prime Minister of Qatar (2007 – 2017)
  • Former Foreign Minister of Qatar (1992 – 2013)
  • Paramount Services Holdings – Owns 3% of Deutsche Bank
  • etc….

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pic: flickr.com

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QATAR

Omani Businessman Suhail Bahwan among World’s Richest Arabs – Forbes : April 2021

Forbes has released its annual World’s Billionaires ranking for 2021, featuring the world’s 2,755 richest people—660 more than there were in 2020, including 493 newcomers that have never featured on the Forbes’ list before.

This year there are 22 Arab billionaires worldwide compared to 21 in 2020. Combined, the cohort has seen their aggregate fortune climb to $53.4 billion in 2021, compared to $47.3 billion a year earlier.

Qatar’s Hamad bin Jassim Al Thani with an estimated wealth of $1.3 billion, and Morocco’s Othman Benjelloun & family, also with $1.3 billion.

Egypt’s Nassef Sawiris is still the wealthiest Arab worldwide, with a net worth of $8.3 billion—$3.3 billion more than last year. His most valuable asset is a nearly 6% stake in sportswear maker Adidas. He also runs OCI, one of the world’s largest nitrogen fertilizer producers, with plants in Texas and Iowa.

Algeria’s only billionaires, Issad Rebrab & family, are the world’s second-richest Arabs, worth $4.8 billion. Rebrab is the founder and CEO of Cevital, Algeria’s largest privately-held company. Cevital owns one of the largest sugar refineries globally, with the capacity to produce two million tons of refined sugar a year.

Oman’s only billionaire, Suhail Bahwan, is valued at $2.3 billion.

Lebanese jeweler Robert Mouawad is the only billionaire living in Bahrain and is valued at $1.4 billion.

Najib and Taha Mikati are the only Lebanese billionaires living in Lebanon and are worth $2.5 billion each. Bahaa, Ayman, and Fahd Hariri—sons of the former Prime Minister of Lebanon, Rafiq Hariri— all now live in Europe and are worth $2 billion, $1.3 billion, and $1.1 billion, respectively.

Forbes has not considered Saudi Arabia for the ranking since 2018.

source/content: timesofoman.com

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pix: timesofoman.com

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OMAN

OIC Chief Dr. Yousef Al-Othaimeen Awarded Azerbaijan’s Order of Friendship : April 2021

President of the Republic of Azerbaijan Ilham Aliyev awarded Dr. Yousef Al-Othaimeen, Secretary-General of the Organization of Islamic Cooperation (OIC) – Azerbaijan’s Order of Friendship, in appreciation of his efforts in advocating and strengthening relations between Azerbaijan and the OIC.

Dr. Yousef Bin Ahmad Bin Abdul Rahman Al-Othaimeen (aka) Yousef Al-Othaimeen Ph.D.

The Award was at a reception held in Baku.

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pix: aze.media

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SAUDI ARABIA

Department of Health – Abu Dhabi wins 13 Awards in ‘2021 Middle East & North Africa Stevie Awards’ : March 2021

DoH has won several Gold, Silver and Bronze Stevie Awards for an array of its innovative initiatives, including its unique response to the COVID-19 pandemic, which has positioned the Emirate of Abu Dhabi at the global forefront in various aspects and industries.

The Department has won 7 Gold awards, which was the highest number of Gold awards on the list, besides winning two Silver and four Bronze awards.

The initiatives for which DoH has won the Stevie Awards included the Abu Dhabi Healthcare Quality Index “Muashir”, the Healthcare Programme for Senior Citizens and Individuals with Chronic Illnesses, the nation-wide awareness campaign against COVID-19, and Artificial Intelligent Solution in Exam Delivery.

Abdullah bin Mohammed Al Hamed, Chairman of the Department of Health – Abu Dhabi has also won two prestigious Stevie Awards, namely the Gold Award for “Innovative Management in Government – Organizations with 100 or More Employees” and for “Government Hero of the Year”, in the COVID-19 response category.

source: wam.ae

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pix: stevieawards.com

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ABU DHABI, UNITED ARAB EMIRATES (U.A.E.)

bt100 Awards 2021, Egypt : March 30th, 2021

Celebrating Business and Economic triumphs : BT100 Awards “A Year of Inspiration” held on March 30th, 2021

BT100 Awards were given away honoring the effectiveness and triumphs of Egypt’s major economic entities and business organizations that have succeeded in achieving positive outcomes and growth despite the on-going pandemic.

It also honors the efforts of companies and individuals that have influenced the business community and economy, highlighting their achievements and efforts.

List of Awardees:

  • (Late) Eng. Mohamed Farid Khamis – Chairman, Oriental Weavers
  • (Late) Hussein Sabour – Civil Engineer and Architect – Founder of several Real Estate and Development companies

Ministers:

  • Dr Khaled El-Enany – Minister for Tourism and Antiquities
  • Dr Ali El-Moselhy – Minister of Supply and Internal Trade
  • Dr Khaled Abdel Ghaffar – Minister of Higher Education and Scientific Research
  • Dr Mohamed Maeet – Minister of Finance
  • Dr Rania El-Mashat – Minister of International Co-Operation
  • Nevine Gamea – Minister of Trade and Industry
  • Dr Nevine Kabbage – Minister of Social Solidarity
  • Dr Maya Morsy – President – National Council for Women
  • Yehya Zaki – Chairman – Suez Canal Economic Zone
  • Ayman Soliman – Chief Executive Officer – Sovereign Fund of Egypt (SWE)
  • Mohamed Abdel Wahab – Executive Director – General Authority of Investment and Free Zones (GAFI)
  • Mohamed Omran – Head – Financial Regulatory Authority

Business & Economic Institutions:

  • ACG-ITF
  • Beltone Holdings
  • Benya Group
  • Cairo Festival City Mall
  • Castle Development
  • City Edge Developments
  • e-Finance Company
  • Housing and Development Bank
  • Hyde Park
  • Inertia
  • Marselia Group
  • Mountain View
  • ORA Development
  • Orientals for Urban Development (OUD)
  • Sky Ad Developments
  • Talaat Mostafa Group
  • Tatweer Misr

Mobile Operators :

  • Etisalat Misr
  • Orange Egypt
  • Telecom Egypt
  • Vodafone Egypt

Other Business & Economic Institutions:

  • CashCall
  • DHL Express Egypt
  • Eastern Company
  • Egyptian Refining Company
  • El-Sallab Group
  • GLC Paints
  • Mansour Automotive Group
  • Mojoe Food Industries
  • MRSOOL
  • Nestle Egypt
  • Pepsico Egypt
  • Pharco Parmaceuticals
  • Philip Morris Egypt
  • Shell Egypt
  • Siemens Energy Egypt
  • SISCO Egypt
  • Souq.com
  • etc…

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pix: businesstodayegypt.com

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EGYPT

Winners of ‘ 2021 El Hassan Bin Talal Award for Scientific Excellence ‘ , Jordan : March 2021

The first award was divided between the Jordan University of Science and Technology (JUST), for the establishment of a pharmaceutical research centre, and the University of Petra, for establishing a laboratory animal research unit, according to a statement from the Higher Council for Science and Technology. 

The second award was divided between Al Hussein Bin Talal University, for the establishment of a labs platform, and JUST for the establishment of simulation labs at the Faculty of Nursing. 

The third award was divided between Jadara University, for the development of an intelligent medical system for cervical cancer recognition and classification, and Zarqa University, for the development of three-dimensional stiffness roofing plates. 

The announcement of this year’s winners marks the award’s 26th anniversary and is made on the occasion of HRH Prince Hassan’s 74th birthday. 

source/content : jordantimes.com

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pix: hcst.gov.jo

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JORDAN

Dubai – Another Guinness World Records in Energy Sector : March 2021

Dubai project recognized as largest single-site natural gas power facility in the world.

Dubai has chalked up another Guinness World Records entry — and this time it’s for a gas project.

The Jebel Ali complex of the Dubai Electricity and Water Authority (DEWA) has been recognized as the largest single-site natural gas power generation facility in the world, state news agency WAM reported.

The complex has an electricity generation capacity of 9,547 megawatts.

source/content: arabnews.com

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The Jebel Ali complex of the Dubai Electricity and Water Authority (DEWA) has an electricity generation capacity of 9,547 megawatts. (File/AFP) / pix: arabnews.com

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DUBAI, UNITED ARAB EMIRATES (U.A.E.)

UAE Turns ‘Largest Major Investor’ with $10bn Pledge for Indonesia Wealth Fund: 2021

Indonesia welcomed the UAE’s commitment to invest $10 billion in its recently launched sovereign wealth fund, which a senior official said made the emirates the “largest major investor” in the initiative.

“With this investment, so far the UAE has become the largest major investor in the Indonesia Investment Authority (INA),” Husin Bagis, Indonesia’s ambassador to the UAE, told Arab News.

The UAE helped Indonesia establish the INA through its Abu Dhabi Investment Authority (AIDA) in February this year, with the AIDA serving as one of its advisers.

source/content: arabnews.com

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The UAE helped Indonesia establish the INA through its Abu Dhabi Investment Authority (AIDA) in February this year, with the AIDA serving as one of its advisers. (Shuttertstock/File Photo) / arabnews.com

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ABU DHABI, UNITED ARAB EMIRATES (U.A.E.)

Winners of Princess Seetah Award : Saudi Arabia

The winners of ‘ The Princess Seetah bint Abdul Aziz Award ‘ – were as follows: 

Excellence in national achievement: Health ministry’s volunteering program and education ministry’s distance learning digital platform ‘Madrasti’ (my school)

Excellence in Islamic endowment: General Authority for Endowments for mitigating the effects of the virus on people through its humanitarian initiatives. 

Excellence in social work: The Madinah Al-Munawarah’s NGO for its ‘The good city initiative.’

Excellence for social work entrepreneurs: Sheikh Abdullah Ibrahim Al-Subeai for setting up a charitable institution and donating money to various causes in the Kingdom during the pandemic.

Corporate social responsibility: Advanced Petrochemical Company for its initiatives during the pandemic and Sadara Chemical Company for its work with the health sector in tackling COVID-19.

Established in April of 2012 by royal decree, the Princess Seetah bint Abdul Aziz Foundation for Excellence in Social Work is an independent nonprofit organization.

The late Princess Seetah was famous for her piety, devotion and benevolence. Known as “the mother of the needy” and “the mother of goodness,” her charitable efforts made her a household name over the course of her life.

Her house was open to all types of Saudi people. She would meet with them, listen to their problems and try to find solutions either by following up on their issues, helping them financially or presenting their problems to those in charge if she was unable to do so herself.

During her life, she served as president of the National Family Safety Program, as an honorary member of the Saudi Historical Society, president of Safat Al-Khair Project and president of Al-Saud Women’s Forum.

www.seetahaward.org

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The Seventh Princess Seetah Awards’ gala dinner was held at the Four Seasons Hotel in Riyadh. (AN Photo) / pix: arabnews.com

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SAUDI ARABIA

DEWA Wins 2020 Middle East and Africa Renewable Deal of the Year Award

 Dubai Electricity and Water Authority (DEWA) has won the ‘2020 Middle East and Africa Renewables Deal of the Year’ from Project Finance International (PFI) magazine for the photovoltaic 5th phase of the Mohammed bin Rashid Al Maktoum Solar Park. PFI magazine, a subsidiary of Thomson Reuters, focuses on tracking and analysing projects, financial budgets and project deals worldwide.

The solar park is the largest single-site solar park in the world with a planned production capacity of 5,000 megawatts by 2030″

The fifth phase is to provide clean energy to 270,000 residences in Dubai. This will reduce 1.18 million tonnes of carbon emissions annually. The project is due for commissioning in stages starting Q3 of 2021.

source: wam.ae

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pix: wam.ae

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DUBAI, UNITED ARAB EMIRATES (U.A.E)