EGYPT: Among the Most Powerful CEOs of 2022 – Forbes Highlights Hisham Talaat Moustafa, CEO & MD of the Talaat Moustafa Group

Forbes Middle East has announced its annual list of the 100 Most Powerful CEOs in the Middle East for 2022.

 The American magazine confirmed the status of businessman Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Holding Group, who ranked 61st, up 6 places from last year’s ranking.

 Forbes Middle East magazine said that Hisham Talaat Moustafa is the youngest son of the founder of the Talaat Moustafa Group, which is currently the largest listed real estate company in Egypt.

 The magazine stated that the assets of Talaat Moustafa Company amounted to 7.5 billion dollars in 2021, while the group owns a portfolio of land with an area of 74 million square meters.

   The group’s revenues amounted to 825 million dollars last year, while the company developed more than 33 million square meters of land, and sold more than 90 thousand housing units.

 Forbes reported that the Talaat Moustafa Group recently launched giant projects, including: Privado – Madinaty, Celia and Noor City.

 The magazine said that the group has extensive investments in the hospitality sector, including: Four Seasons Resort Sharm El Sheikh, Four Seasons Nile Plaza, Four Seasons San Stefano Alexandria, and Kempinski Nile  Cairo.

 About the methodology used in the classification, Forbes indicated that its methodology in preparing the list was based on collecting information from financial market disclosures, industry reports, annual reports of companies, financial statements, and other primary sources.

 As for the classification of CEOs, it is based on several factors: the influence of the CEO and the company on society and the country, the markets they supervise, the CEO’s experience in his current position, as well as his general experience.

 Forbes indicated that the factors affecting the evaluation include: the size of the company in terms of revenues, assets, market value, the CEO’s achievements and performance in the past year, the innovations and initiatives he implemented.

 This year, Forbes magazine’s list of the most powerful CEOs in the Middle East includes 100 business leaders from 26 different nationalities, led by the Emiratis with 19 CEOs, followed by the Egyptians with 16 leaders, and the Saudis with 15 business leaders.

  The CEOs in the banking and financial services sector topped the list with 27 CEOs, followed by the leaders of the communications sector with 8 heads, and then 7 leaders in each of the energy and logistics sector.

  The companies on the list run by CEOs are worth more than 5 trillion dollars, while revenue was more than 1 trillion dollar last year.

source/content: egypttoday.com (headline edited)

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Among the most powerful CEOs of 2022 Forbes highlights the CEO of Talaat Moustafa Group

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EGYPT

WORLD RECORD: QATAR: Mutaz Barshim turns on the style to Win Third Straight World High Jump Gold Medal at the ‘World Athletics Championships, Eugene,USA

Qatari dominated his rivals to retain his title with a winning jump of 2.37 metres.

Qatar’s Mutaz Barshim turned on the style to win his third straight world high jump gold medal on Monday after clearing a world-leading 2.37 metres with ease.

Barshim, who famously shared Olympic gold with Italy’s Gianmarco Tamberi last year, jumped beautifully all night at Hayward Field in Eugene, Oregon to go well beyond his own season’s best of 2.30m.

The title was just about secure after he cleared 2.35m but he then eased over 2.37m looking almost in slow motion. With the gold medal then in the bag he had one attempt at a championship record 2.42m but failed.

“The target for me for today was gold medal, if even the world record is the only thing I still miss,” said Barshim, whose best of 2.43m is second only to Javier Sotomayor’s 2.45m set in 1993.

“Three worlds golds in a row is something that has never have been done before. I feel like I have a name in our sport, but I have been never felt like the greatest one in the field,” added the modest Qatari, who also has two Olympic silvers and a world silver to his name.

World indoor champion Woo Sang-hyeok of South Korea needed three attempts to get over 2.33m but then also cleared 2.35m at the second attempt to take silver. Ukraine’s Andriy Protsenko collected bronze on the back of his 2.33m clearance.

Tamberi had a nervous path into the final, twice failing at 2.25m and then twice again at 2.28m in Friday’s heats. In the final he failed twice at 2.30m but then cleared 2.33m at the second attempt before bowing out at 2.35m to finish fourth.

source/content: thenationalnews.com (edited)

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Mutaz Barshim celebrates after winning the men’s high jump final at the World Athletics Championships at Hayward Field in Eugene, Oregon, USA, on July 18 2022. EPA

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QATAR

WORLD RECORD: EMIRATES (U.A.E) : NYU Abu Dhabi Research Scientist to Publish the World’s First Arabic Mars Atlas

NYU Abu Dhabi research scientist Dr. Dimitra Atri has produced the world’s first ever Mars atlas in Arabic, Emirates News Agency reported.

The atlas uses data from the UAE’s Emirates Mars Mission (EMM) — also known as Hope or Al-Amal — in order to make the findings of the probe more accessible to both the UAE’s Arabic-speaking population and the rest of the world.

The Mars Atlas Project combines various images from the Hope probe to map the planet’s surface.

The end result is a comprehensive view of Mars and stunning images of a planet that once had similar atmospheric conditions to Earth.

Dimitra Atri used data from UAE’s Hope probe to map the red planet.

Atri and his team compiled the atlas by processing observational data from EMM’s Emirates eXploration Imager, one of three instruments onboard the orbiter. The device will also assist the team in showing how the planet changes over the course of one Mars year, which is roughly equivalent to two Earth years.

As more data from the Hope probe becomes available, the atlas will be gradually updated.

The data will help scientists gain a better understanding of the planet’s atmospheric thinning, which has caused it to cool and dry over the last 4 billion years.

Atri predicts that the collected data will be used to answer unsolved scientific questions about the erosion of Mars’ atmosphere.

The findings could help the international scientific community to better understand Earth’s atmospheric processes, he said.

source/content: arabnews.com (headline edited)

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

4 Arab Cities Listed Among World’s Best

Time Out magazine ranks Marrakech 7th among top 53 cities. List also includes Dubai, Abu Dhabi, Doha

Marrakech has been ranked seventh in a new list of the world’s 53 best cities, compiled by British events magazine Time Out.

Dubai (40), Abu Dhabi (45) and Doha (53) were the other Arab cities receiving plaudits for their offerings in nightlife, liveability, and practical issues such as walkability and sustainability.

The magazine’s annual ranking this year was the first since 2019 to not revolve around resilience to the COVID-19 pandemic, instead focusing on the fun and practical frills that each city has to offer.

Time Out said it had “added extra weight to the things that make cities great places to visit as well as to live.”

It added: “Our top cities this year are the ones with thriving nightlife, amazing food and drink, and art, culture and museums galore.

“We’ve highlighted places that aren’t boring or overly expensive or overrated, and we’ve ensured that our top picks also score well for practical stuff like walkability, good public transport and safety, as well as sustainability.”

The editors were charmed by the “community, creativity and faith in the future” that made Marrakech “come roaring out of the pandemic with a new lease of life.”

Time Out spoke to local guides and experts to get a feel for what is particularly excellent about each urban hub.

Highlighting the new international storytelling festival in February, it said post-pandemic Marrakech has attracted “big players like La Mamounia” that were “sporting sassy new looks.”

The Moroccan cultural capital was described as “thriving,” with the magazine pointing to a range of exhibitions.

It added that El-Fenn had launched “the hottest Sunday music nights in town,” with visitors desperate to return.

Time Out said Dubai “has all the stuff you’d want from a travel destination — from incredible restaurants and buzzing nightlife to some of the world’s best shopping and simply stunning beaches.”

It also pointed to its modernity and cleanliness, highlighting that 97 percent of the locals say the city is clean.

Dubbed “a city of superlatives,” Time Out pointed to the emirate boasting the world’s highest infinity pool, tallest building and largest manmade island. Dubai heard the phrase “go big or go home” and truly took it to heart.

But while those “world’s largest” structures are static, the city is anything but. A vibrant events scene has introduced the newly opened Museum of the Future, with Time Out recommending that you follow your visit “with a beach club crawl along the rapidly expanding Palm West strip and a DJ set at Electric Pawn Shop.”

Time Out noted that Emirati capital Abu Dhabi is also the “unofficial arts and culture capital” of the UAE.

Pointing out that the city’s safety and cleanliness made it popular with expats, the magazine referenced the constant stream of exciting things to do, “from cutting-edge restaurant openings to major new museums including the Guggenheim Abu Dhabi and the National History Museum Abu Dhabi,” both of which are on the horizon.

Local expert Heather Cichowski, from Time Out Abu Dhabi, said the city “ranks among the least dirty, stressful and rude. In short, it’s an all-round comfortable and pleasant place to live and work.”

Like Dubai and Abu Dhabi, Doha was similarly praised for its cleanliness, but locals and expats have also lapped up the Qatari capital’s stream of events and activities.

As Doha gears up to host this year’s FIFA World Cup, the pinnacle of the world’s most popular sport, the city has been promoting its local events for every taste and persuasion.

Time Out said: “There’s loads of great stuff to see and do here, whether you fancy heading out to one of the city’s many cafés for breakfast (and we mean many, Doha’s coffee-and-cake culture is absolutely thriving), touring public art spots from Al Sadd Metro Station to Katara Cultural Village, or visiting a bar after hours.”

Boasting a slower and less stressful pace of life, the city is pouring attention into its arts scene.

The magazine said from now until the turn of 2023, some 17 new exhibitions are set to open, including an “immersive light installation from Pipiliotti Rist at the National Museum of Qatar,” which it described as “particularly stunning.”

source/content: arabnews.com

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Marrakech. (Shutterstock)

A view of the downtown skyline is seen from the Museum of the Future in Dubai, United Arab Emirates, February 23, 2022. (REUTERS)
Buildings are seen on a coast line in Doha, Qatar. (REUTERS)

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MOROCCO / QATAR / SAUDI ARABIA / UNITED ARAB EMIRATES (U.A.E)

SYRIA: Success for Syrians as Thousands of 2015’s Refugees become German

Analysts expect up to 157,000 to take up citizenship in next two years as 2015 cohort becomes eligible.

Seven years after arriving in Germany at the height of a refugee crisis, tens of thousands of  Syrians are on the verge of receiving German passports in what experts regard as a success for their integration.

The number of Syrians taking up German citizenship trebled to more than 19,000 last year, the government said, after some refugees who excelled in integration and language courses managed to beat the usual eight-year waiting period.

Analysts believe as many as 157,000 more could follow in the next two years as the rest of the 2015 group becomes eligible.

“Overall, we can see that the integration of large numbers of refugees has made rapid progress,” said Jan Schneider of the government-backed Expert Council on Integration and Migration.

“We have observed an above-average level of interest in naturalisation among Syrian refugees. At the same time, many of them are starting to fulfil the necessary criteria.”

The intake of hundreds of thousands of Syrians in 2015 was a politically divisive decision by former chancellor Angela Merkel that was bitterly opposed by some Germans.

In the chaos of that summer’s refugee crisis, many Syrians fleeing war arrived at German railway stations and were initially put up in camp beds and gyms as humanitarian workers struggled to cope with the numbers.

Many refugees also arrived from Afghanistan, Iraq and other countries, but Syrians made up the largest number and helped to change the face of a Muslim community in Germany historically dominated by Turkish groups.

The backlash to the 2015 intake fuelled the rise of the far-right Alternative for Germany (AfD) party, and debates over crime, integration and national identity dominated German politics in the subsequent years.

Nonetheless, Mrs Merkel said shortly before leaving office that her much-derided statement in 2015 that “we will manage it” had proved correct, praising the work of local authorities and volunteers in integrating people.

Alongside reports, often seized upon by the right, of violent crimes by refugees, have been more positive stories including of Syrians in Germany helping Ukrainians who fled the war with Russia.

A 34-page report by the expert council said their integration into the labour market was progressing well and the number of social security claimants was down.

However, it said women were less likely to have had jobs or learnt German and that employment had suffered a setback during the coronavirus pandemic when refugees in casual jobs were more likely to be laid off.

Mr Schneider said language courses had paid off especially well because many Syrians were able to complete the naturalisation process in six years.

People can take the six-year shortcut if they can show exceptionally good language skills, perform notably well in their work or education, or have a strong record of volunteer work.

The report said the most conservative estimate was that about 20,000 Syrians a year would take up German citizenship from this year onwards, but that this could rise to many more than 50,000 if they apply at a high rate.

Syrians made up more than one in seven of all naturalised German citizens last year, with 19,100 of them joined by 4,420 Iraqis, 4,020 Iranians and 3,175 Afghans as well as many Turks, Poles and Romanians.

As well as the residency and language requirements, people must pass a citizenship test, be able to support themselves financially, swear loyalty to the democratic order and generally have to give up their old passport.

Mr Schneider said there could be delays if high demand from Syrians continues to exert pressure on short-staffed immigration authorities.

Afghan refugees described frustration at Germany’s famously meticulous bureaucracy as they sought protection for their relatives after the fall of Kabul last year.

“Waiting times are already very long in some places and the authorities are often short of staff,” Mr Schneider said. “They are facing significant challenges.”

Chancellor Olaf Scholz’s government has promised to cut the waiting time for prospective German citizens to five years of residency with a possible three-year shortcut, instead of eight and six.

It has also committed to relaxing rules on dual citizenship, which is currently permitted only for European Union citizens, people born with two nationalities and in limited cases where special permission is given.

source/content: thenationalnews.com

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Former chancellor Angela Merkel made the divisive decision to open Germany’s borders to Syrian refugees in 2015. Getty / thenationalnews.com
Pedestrians pass a food store on Sonnenallee in Berlin, Germany, on Monday, Sept. 13, 2021. Refugees from Syria have changed the cultural makeup of Germany’s capital in a way not seen since the 1960s and Sonnenallee, known locally as “Arab Street,” may be the closest thing to home for many Syrians. Photographer: Jacobia Dahm/Bloomberg / thenationalnews.com

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GERMANY / SYRIA

LEBANON: Google Doodle Honours Lebanese Doctor Saniya Habboub

Medical pioneer was one of the first women from the country to study abroad.

The life of doctor Saniya Habboub is being celebrated by Google’s Doodle on Friday, commemorating her graduation from medical school on June 10, 1931.

Born in 1901 to a Lebanese leather merchant and Turkish mother, Habboub was one of the first female doctors from Lebanon to study medicine abroad, in the US.

When she returned to Beirut she opened her own practice, inspiring other Lebanese girls and women to get an education of their own, according to Google’s description.

In 1926, Habboub was one of the first three students to graduate from the American Junior College for Women in Beirut, going on to study at the American University of Beirut.

In 1931, she received her degree in gynaecology and obstetrics from the Women’s Medical College in Pennsylvania and, in gratitude, left future students with a scholarship in her name.

She started her own practice two years later, in Bab Idriss, and went on to co-found the Lebanese Red Cross Association, as well as served as a board member for the Muslim Orphan’s Home, the Young Women’s Muslim Association and Maqassed Hospital.

In 1982, in honour of her devotion to medical services, the Lebanese government awarded her with a Health Medal of Merit, and there’s even a street in Beirut named after her.

Habboub died aged 82 in September 1983.

“Dr Saniya was an inspiring figure who paved the way for future generations of women to come,” Google says.

Dr William Stoltzfus, former president of Beirut University College, described her life as a “get-started signal” for the professional lives of many Arab women, according to AlRaida, the bi-annual journal published by the Arab Institute for Women.

The Doodle can be seen on devices across the Middle East and North Africa.

source/content: thenationalnews.com

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Dr Saniya Habboub died in 1983 aged 82. Photo: Public Domain

Google Doodle of Dr Saniya Habboub. Photo: Google

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LEBANON

Egypt Wins First Position with 7 Trophies in the ‘2022 Arab Open Robotics Championship’

Egypt has finished in first place at the 2022 Arab Open Robotics Championship held in Sharm El Sheikh on Monday.

Since 2008, the Arab Open Robotics Championship has been the largest regional robotics tournament held in the Arab world.

The tournament was organized by the Ministries of Youth and Sports, Communications and Information Technology, Bibliotheca Alexandrina, and the Egyptian Federation of Electronic Games.

The tournament included over 650 students ranging in age from four years to the end of the university stage.

The participants represented 136 teams from 12 Arab countries: Egypt, Kuwait, the UAE, Oman, Yemen, Qatar, Jordan, Tunisia, Morocco, Algeria, Iraq, and Libya.

The Arab Robotics Association accredited 100 juries to judge the tournament’s nine robot competitions.

Egypt came first, winning seven trophies. Jordan finished second with two trophies, followed by Iraq, Libya and Qatar in third place.

In addition, the tournament hosted a lively forum for Arab youth on the sidelines.

source/content: arabnews.com

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Egypt placed first in 2022 Arab Open Robotics Championship, winning seven trophies. (Source: Egypt State Information Service)

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EGYPT

Saudi Aramco becomes First-Ever Middle East & North Africa (MENA) Firm in the American Analytics Company ‘Clarivate’s Top 100 Global Innovators List’

Saudi Aramco has been named one of the top 100 global innovators by American analytics company Clarivate. 

In its report titled “Top 100 Global Innovators 2022,” Clarivate revealed that Saudi Aramco is the first-ever company from the Middle East and North Africa region to be placed in the list. 

“The regional diversity continues to increase, with the first-ever Middle Eastern list entry via energy firm Saudi Aramco,” wrote Clarivate in the report. 

Apart from Saudi Aramco, other new entrants to the list are China’s Alibaba, Germany’s Continental, US’ General Motors, South Korea’s Hyundai Motors and Kia Motors, US’s Philip Morris International, and UK’s Rolls-Royce. 

Clarivate added that companies have been included in the list based on factors like influence, success, globalization, and technical distinctiveness. 

source/content: arabnews.com (headline edited0

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Apart from Saudi Aramco, other new entrants to the list are China’s Alibaba, Germany’s Continental, US’ General Motors, South Korea’s Hyundai Motors and Kia Motors, US’s Philip Morris International, and UK’s Rolls-Royce. 

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SAUDI ARABIA

Yemeni Engineer Hashem Al-Ghaili Unveils Nuclear-Powered Flying Hotel that can Accommodate 5,000 Guests

The structure could remain airborne for years at a time.

Yemeni engineer Hashem Al-Ghaili has unveiled his vision for the future of travel, and it wouldn’t look out of place in a film about the apocalypse.

Al-Ghaili posted a video on YouTube proposing a giant nuclear-powered sky hotel named Sky Cruise, which could accommodate 5,000 passengers. Like an enormous, winged, futuristic-looking cruise liner, it would be fuelled by 20 electric engines, with a small nuclear reactor using “highly controlled fusion reaction to provide the sky hotel with unlimited energy”.

As such, the hotel would never run out of power and could remain suspended in the air for several years, “without ever touching the ground”. Both supplies and passengers would be delivered to the hotel via traditional commercial jets. All maintenance and repairs would also be conducted mid-air.

Suspended high above the clouds, the sky hotel would feature a large “panoramic hall”, offering 360-degree views of the skies. A lift would connect this space to the main entertainment deck, which would be home to shopping malls, sports centres, swimming pools, restaurants, bars, children’s playgrounds, theatres and cinemas. A separate section of the airborne hotel would be dedicated to events and business meetings, as well as wedding halls.

Incorporated into the design are balconies and viewing domes attached to each side of the structure, where guests could indulge in some high-level stargazing. “Its sleek design combines the features of a commercial plane, while offering the epitome of luxury,” Al-Ghaili’s video explains.

Sky Cruise would also eliminate disturbance from turbulence, with its navigation systems featuring a state-of-the-art command deck that uses artificial intelligence to predict turbulence minutes before it happens. The system would respond by creating anti-vibrations.

The hotel would also be home to an advanced medical facility to keep guests “safe, healthy and fit”.

The concept was originally created by Tony Holmsten and then reimagined and animated by Al-Ghaili. But it has been greeted with scepticism by commentators: “If physics and aerodynamics didn’t exist, then this vessel might actually be able to take off,” wrote one YouTube user.“

Hashem Al-Ghaili is a Yemeni molecular biotechnologist,  science communicator, director and producer. He is best known for his infographics and videos about scientific breakthroughs.

source/content: thenationalnews.com (edited)

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YouTube.com

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YEMEN

Award-Winning Egyptian Filmmaker Ali El-Arabi finds his Voice through Film

 Nearly 10 years ago, Egyptian filmmaker Ali El-Arabi, the award-winning documentarian behind “Captains of Zaatari,” which hits Netflix this month, made a promise. He was in the Zaatari refugee camp in Jordan, the largest temporary settlement of displaced Syrians in the world, and a teenaged boy he had just met named Fawzi Qatleesh asked if he could speak his truth to the camera.

“On the first day I arrived, he asked me, ‘Ali, can you film me? I want to say something to the people outside of this camp.’ The second he started to talk, I said to myself, ‘This boy is my hero,’” El-Arabi tells Arab News.

As the film hits Netflix this month in the Middle East, El-Arabi is overjoyed. Finally, after seven years of filming and a years-long global festival tour, his promise is fulfilled.

El-Arabi knew what it felt like to have a message that people needed to hear. He was himself once an athlete, a dedicated and successful martial artist, even winning Egypt’s national kickboxing championship. During the Egyptian revolution, however, El-Arabi abandoned any future he might have in sport, instead turning towards filmmaking.

“I started to feel I had something to say, but I couldn’t say it with my voice,” he says. “I realized filmmaking was the way I could say it. I started making small documentaries about what was happening and screening them in the street. One day, the police came and I took my film and I ran. That made me realize the power of what I could say with a camera.” 

El-Arabi left Egypt, partnering with the ZDF TV channel to film documentaries in war zones including Iraq, Syria, Kurdistan and Afghanistan. War reporting, however, was unfulfilling, as it so often stripped away the humanity of those caught in its horrors.

After meeting Qatleesh and his friend Mahmoud Dagher — the two boys he would ultimately follow from the refugee camp in Jordan all the way to an elite soccer program in the Gulf — El-Arabi filmed them for seven years before whittling their story down to a scant 75 minutes, resulting in a story that showed their incredible journey while also refusing to gloss over the realities of refugee life.

Since its limited release in 2021, the film has already transformed the lives of both young men whose story it follows.

While he may be done telling their story, El-Arabi has been hard at work over the last few years on another — “Ashish’s Journey” — about the upcoming FIFA World Cup. It is inspired by a man who approached him in Qatar as he filmed “Captains of Zaatari.” 

The more time El-Arabi spent with the man, the more his innocent aspirations intrigued him, leading him to not only film Ashish in Qatar, but to follow him and his family back to India, even adding fictional elements (with Ashish playing himself) inspired by the classic French satirical novella “Candide” to the docu-film.

“He’s actually a very good actor,” El-Arabi says.

While El-Arabi knows that he will finish filming later this year at the World Cup, chronicling Ashish’s adventures during the games, he does not plan to rush the film out in the immediate aftermath of the event. 

El-Arabi has other projects in the works as well. He’s currently producing a film about Algeria and discussing producing an upcoming project with his best friend Mohamed Diab, the director of Marvel’s “Moon Knight.” Closest to his heart, though, is the fiction film he has in the works between Los Angeles and Egypt, inspired by both his own history in boxing and his relationship with his father. 

While telling Arab stories will remain a key part of El-Arabi’s career moving forward, ultimately what drives him is not capturing his identity — it’s capturing his soul. 

source/content: arabnews.com (edited)

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(From left) Mahmoud Dagher, Ali El-Arabi and Fawzi Qatleesh with the award for Best Arab Documentary Film at El Gouna Film Festival in 2021. (AFP)

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EGYPT