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Munira’s election recognises contributions of regional office in achieving WCO objectives
Saudi academic Munira Khalid Al Rasheed has made history by becoming the first Saudi and Arab woman to lead the World Customs Organisation’s regional offices for global information exchange.
The Regional Information Exchange Offices of the World Customs Organisation have elected Munira as the President of the Regional Information Exchange Network for the next two years (2025-2026).
The announcement was made during the 31st global meeting of the Regional Offices, recently held at the headquarters of the World Customs Organisation in the Belgian capital, Brussels.
The election follows Munira Khalid Al Rashid’s appointment as Vice-President in addition to her current position as the Director of the Regional Office for Information Exchange in the Middle East (RILO ME) at the Zakat, Tax, and Customs Authority.
Her election recognises the contributions of the Middle East Regional Office in achieving the objectives of the World Customs Organisation. It also involves representing 11 local offices affiliated with the Middle East region in all meetings, conferences, and workshops.
The Kingdom has, in recent years, enacted landmark reforms, significantly expanding women’s opportunities.
These reforms include granting women the right to drive and increasing their workforce participation.
Munira’s educational background includes a Bachelor of Business Administration with a major in Management, Marketing, and International Business from the University of New Haven, USA, in 2004, and an Executive MBA from Al Yamamah University, Saudi Arabia, in 2013.
Over her 18-year career, Munira has held various positions, including heading the Admission and Registration Department at Al Yamamah University, working in the Regional Management Department at Credit Suisse Saudi Arabia, and serving as Director of Public Relations at Volkswagen Group Saudi Arabia.
She has also been the Director of the Marketing and Communication Program at the Government Human Resources Development Fund (HRDF) and Advisor to the Deputy Governor for Security Affairs at the Zakat, Tax and Customs Authority.
Saudi Arabia is set for a groundbreaking technological venture in the mining sector with the launch of the Geoscience Data Analytics Center.
Commissioned by the Saudi government, the facility is expected to commence operations later this year.
Speaking to Arab News at the Future Minerals Forum, Commissioner Rob Wood emphasized the interdisciplinary nature of the center and the significance of developing new programs to train professionals with hybrid skills.
Wood said: “It will be the very first of its kind globally. It will become operational probably in late 2024.”
Saudi Arabia boasts 31 critical minerals and strategic resources, ranging from gold, and silver to nickel and cobalt.
The Kingdom is poised to establish a third industrial pillar centered on mining, with potential reserves estimated at $2.5 trillion, as Wood also highlighted the significance of the Kingdom’s commitment to diversify its economy.
He emphasized that the Geoscience Data Analytics Center would play a pivotal role in utilizing AI to uncover potential mining deposits.
The $2.5 trillion estimate, Wood clarified, is extrapolated from the known data available, emphasizing that extensive land exploration and data collection support this estimation.
“The amount of land that we’ve actually explored and done data collection for. So, we know that there is a significant amount of opportunity left within the Kingdom that we haven’t explored yet,” he noted.
Wood explained that there is a need to establish new interdisciplinary programs, where geologists will be trained in computer science.
He highlighted novel aspects of the center, such as state-of-the-art robotic labs for core scanning and cumulative effects research.
“Literally, nobody on the planet is doing what we’re talking about,” he claimed, adding: “The intent is that the Kingdom will, in fact, have complete control and will be running the center for decades to come.”
Wood elaborated on the ongoing data collection efforts, stating that the gathered information will be fed into a new artificial intelligence platform capable of conducting analytics to identify high-potential mining targets.
The commissioner emphasized the use of AI in modeling mineral deposits, stating, “We’re using machine learning to uncover these high-potential deposits very early in the process.”
He acknowledged the formidable challenge in the mining sector, particularly the difficulty in identifying new targets, referred to as “greenfields,” which he termed as a highly risky endeavor.
“So frequently, they can go out and do a full drilling program and come back with nothing, and you spend literally hundreds of millions of dollars for potentially no result whatsoever.”
To address this challenge, Wood unveiled the ambitious plan to use advanced artificial intelligence to de-risk the costs associated with finding new targets.
“What we’re looking to do is, in fact, de-risk those costs on the mining companies by using advanced artificial intelligence to, in fact, actually find these new targets,” he explained.
The commissioner emphasized the significance of addressing environmental and social impacts in the mining sector, stating: “One of the things the center is going to be doing is actually complex environmental and social impact research.”
In conclusion, Wood highlighted the uniqueness of Saudi Arabia’s position in undertaking this venture, stating: “The discovery of oil is substantially easier than the discovery of minerals. Minerals require sophisticated analytics to find these new deposits.”
As the Kingdom embarks on this groundbreaking initiative, Wood expressed his optimism, stating, “It’s an exciting time to be in Saudi Arabia.”
source/content: arabnews.com (headline edited)
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Rob Wood, commissioner of the Geoscience Data Analytics Center, speaking to Arab News.
Prince Khalid bin Bandar Al-Saud was appointed via unanimous decision.
Saudi Arabia’s ambassador to Britain was elected on Monday as president of the International Maritime Organization General Assembly by its member states, the Kingdom’s embassy to the UK announced.
During a meeting of its 33rd session in London, the IMO members appointed Prince Khalid bin Bandar Al-Saud via a unanimous decision.
The IMO is the United Nations’ specialized agency with responsibility for the safety and security of shipping and the prevention of marine and atmospheric pollution by ships.
The meeting in the British captial was opened by secretary-general Kitack Lim, who highlighted the organization’s achievements during the current biennium, including the adoption of the 2023 IMO GHG Strategy, and emphasized the need to decarbonize and digitalize shipping in the years ahead.
source/content: arabnews.com (headline edited)
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During a meeting of its 33rd session in London, the IMO members appointed Prince Khalid bin Bandar Al-Saud as president via a unanimous decision. (X/@SaudiEmbassyUK)
Mohamed Al-Fayed had waged a war of words with the British royal family after his son was killed in a car accident alongside Diana, Princess of Wales.
Mohamed Al-Fayed was an outspoken and successful Egyptian business tycoon. His death comes almost 26 years to the day after the car crash in Paris that killed his eldest son, Dodi, and Diana, Princess of Wales, on August 31, 1997.
Here are five points on the self-made billionaire:
1.Far from being the scion of a dynasty of cotton and shipping barons he made himself out to be, Fayed was the son of a poor Alexandrian schoolteacher who, after an early venture flogging lemonade, set out in business selling sewing machines.
2.He later had the good fortune to start working for the arms dealer Adnan Khashoggi, who recognised his business abilities and employed him in his furniture export business in Saudi Arabia. He became an advisor to the Sultan of Brunei in the mid-1960s and moved to Britain in the 1970s.
3.Fayed lived most of his life in Britain, where for decades he was never far from the headlines. But to his frustration, he was never granted UK citizenship or admitted into the upper echelons of British society.
4.The defining tragedy of Fayed’s life came in August 1997, when Dodi and Princess Diana died when a car driven by one of Fayed’s employees, chauffeur Henri Paul, crashed in a Paris road tunnel. For years afterwards, Fayed refused to accept that the deaths were the result of speeding and intoxication by Paul, who also died. The distraught Fayed accused the royal family of being behind the deaths and commissioned two memorials to the couple at Harrods.
5.According to Forbes list of the world’s billionaires, Fayed was worth $1.9 billion in November 2022. With a business empire encompassing shipping, property, banking, oil, retail, and construction, Fayed was also a philanthropist whose foundation helped children in the UK, Thailand, and Mongolia.
source/content: ndtv.com (headline edited)
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Mohamed Al-Fayed was born in Alexandria and was the son of a schoolteacher.
Egyptian businessman said Rishi Sunak had shown himself to be ‘very capable’.
The Conservative party has received its largest donation in more than two decades from an Egyptian-born, British-based billionaire.
Mohamed Mansour has given the party £5 million ($6.2 million) and thrown his backing behind Prime Minister Rishi Sunak, saying he understands “how growth is generated in the modern economy”.
Writing in The Telegraph on Monday, Mr Mansour, who previously spoke to The National for an Arab Showcase feature, said Mr Sunak had shown himself “to be very capable”.
He wrote: “He gets the importance of technology and innovation. He can make the modern economy work for all UK citizens.”
The £5 million donation is the second largest individual gift on record to a political party, after Lord Sainsbury of Turville gave £8 million to the Liberal Democrats in 2019.
And it matches the £5 million donation to the Conservative Party by Sir Paul Getty in 2001. Mr Mansour’s gift has contributed to one of the party’s most successful first quarters of donations in recent years.
“I believe that this country has a very capable Prime Minister,” he wrote.
“My confidence in the Prime Minister is why I was proud to become a senior treasurer of the Conservative Party last December. I want to give him the best chance of having a full five-year term and so have donated £5 million to the party’s election fighting fund. I look at what he has achieved in his first months in office and think what he could do in five years.”
‘I had to do something in my life’
Mr Mansour has overseen the expansion of his family’s company, which has grown from its early beginnings as a cotton exporter to the global conglomerate it is today, with revenue of more than $7.5 billion.
He told The National in 2021 about how a period of convalescence aged 10 gave him the impetus he needed to go on to succeed in life.
Week after week he lay in plaster recuperating from horrific injuries after a car hit him as he was crossing the street.
The doctors had wanted to amputate his leg, but the headstrong boy refused, vowing to stick it out as long as necessary. It took three years.
Mr Mansour looks back on the episode as a part of his life when his father taught him how to be a good entrepreneur and an honourable man.
“That’s when I developed in me that I had to do something in my life,” he told The National.
The billionaire learnt as a boy the importance of a strong work focus, determination, vision and priorities, but also trust, understanding, empathy and loyalty that goes both ways.
“People who love and respect you will do anything for you, I find, and vice versa,” Mr Mansour said.
They are the qualities he credits for his successful leadership at the helm of the Mansour Group, which has a presence in 100 countries and 60,000 employees.
The Egyptian cotton trading company was founded in 1952 and run by his father, Loutfy Mansour.
“My father always told me: ‘Mohamed, you’re a very special young man because of the strength you showed when everybody was saying that we have to amputate the leg. You’re telling the doctors, ‘No.’
“I said, ‘No’,” Mr Mansour recalls, with an edge to his voice, “and I meant it.”
Family’s home seized
The fortune that his father amassed as a textiles trader was lost in 1963 when the business was nationalised by the Egyptian government.
Mr Mansour’s childhood home, with its 40 rooms and 30 staff was confiscated, and his father went from feted capitalist to persona non grata on a state income of $75 a month.
He explains how his life changed overnight, with his family unable to support him while at university in the US, forcing him to trade in his car and work as a waiter.
Back in Egypt, his father was left trying to support the family on a meagre salary, which left Mr Mansour with a lifelong belief in the importance of political stability, property rights and the rule of law.
Mr Mansour joined the company in 1973 and took it in a new direction, forming a strategic partnership first with the automotive multinational General Motors and then with the construction equipment manufacturer Caterpillar. Other leading brands, such as Philip Morris, Peugeot, MG and McDonald’s would follow.
Mr Mansour and his two brothers continued to steer the company to success after their father’s death in 1976.
In 2005 Mr Mansour stepped back from his business to serve in the Egyptian government, spending almost four years trying to modernise the country’s transport infrastructure.
In the article on Monday he says: “But when I had finished that period of service, I knew there was one country where I wanted to base my business. A place where the rule of law is paramount, property rights are respected and with an enviable record of political stability. This country: the United Kingdom.”
He says he loves and respects the country, which has welcomed himself and his family so warmly.
“It has a proud history and noble traditions. I believe that it has great days ahead of it. I want to do what I can to help this country – the place where I am watching my grandchildren grow up – achieve its great potential,” he adds.
Hedi Amara Nouira was born in Monastir in April 1911 and was trained as a lawyer. In 1934, he assisted Habib Bourguiba establish the Neo-Destour Party, a radical branch of the nationalist Destour Party. In the 1950s, the party campaigned for independence, and Nouira served as its representative in Paris.
After the country gained independence from France in March 1956, he served as Finance Minister and was the first governor of Tunisia’s central bank.
Back then, the newly independent country’s lawmakers appointed Bourguiba prime minister, and he became president after the monarchy was officially abolished the following year. He ruled as a monarch for three decades, securing a 1974 revision of the Constitution that made him president for life and confirmed Nouira as his chosen successor.
Throughout the 1970s, as Habib Bourguiba’s health and mental capacity worsened, he progressively assumed control of the country’s daily operations. Considered the architect of Tunisia’s economic renewal in the 1960s, Nouira was criticized in the 1970s by workers for the government’s harsh labor policies and attacks on labor union headquarters.
During his tenure, the economy thrived, and double-digit growth was achieved, which validated him in his roles and kept him in the prime minister’s office for ten years.
Hédi Nouira was an expert in both international history and modern economics. He had a thorough understanding of the territory and the Tunisians, the vast majority of whom desired central rule and resisted any form of excess. He wanted Tunisia to become the Singapore of Africa. He knew how to build his credibility, his authority, and his leadership. He was rationally liberal, socially-minded, pragmatic, and realistic in his perspective.
He restored confidence in the coutnry economy by his speeches, way of action, and personal commitment. State, employers, and UGTT initiate a session of social discussions every three years in order to provide greater visibility and less uncertainty for businesses and ensure social peace. Salaries and productivity go hand in hand. That was the policy.
Hédi Nouira knew where to lead the country and how to lead reform. He said what he did and did what he said, despite the danger of alienating strong supporters of social and economic progress. It revived the economy in so few years and put it on an Asian-style growth orbit, with yearly growth peaks exceeding 17%. His ten years in office will be remembered as the “ten glorious ones” in the country’s history. He rebuilt the state’s coffers and created more jobs and income than in the previous decade. He sought to bring Tunisia to the top of Africa. This ambition inspired the birth of the Tunisian dream.
After El Hedi Nouira’s stroke in February 1980, he was replaced by then-Education Minister Mohammed Mzali, who practically became the President’s heir apparent. In November 1987, however, Interior Minister Zine al-Abidine Ben Ali overthrew Bourguiba in a coup and claimed the presidency.
In our continuing series of inspiring life stories across continents, we hear about the Egyptian-American economist’s battle to overcome institutional prejudice.
It was speech day in the last week of secondary school when Mohamed El-Erian might have been forgiven for thinking that all lessons had come to an end, but there was one more in store for the unsuspecting student.
Seated in the audience, flush with the thrill of winning a scholarship to read economics at Queens’ College, Cambridge, Mohamed was listening as the roll call of the cohort’s achievements was read out.
The teenager, an Egyptian-American, was the only foreign pupil at St John’s, Leatherhead, then a private boys’ boarding school in a leafy town just south of London, and one of two in the year to have gained entry to Oxbridge, the duopoly of grand ancient seats of learning in the cities of Oxford and Cambridge.
The feeling of being about to go up to Cambridge was “incredible, absolutely incredible”, yet when the headmaster wrapped up the announcements there had been no mention made of any El-Erian. Nor was his honour logged, like that of the other successful applicant, on the school record.
Mr El-Erian, now 62, known to millions as a globe-trotting economist who has shaped thinking about historic twists in the world’s fortunes, was recently elected as president at his alma mater at the University of Cambridge, the place that equipped him so well for his stellar future.
But back in the 1970s, the struggle for recognition with his old school was to last almost the entirety of his undergraduate degree and would inadvertently serve “as an indication of the institutional racism that was still ripe at that time” in England.
To this day, Mr El-Erian, credits one of his masters at St John’s School, Bill Chubb, for not only inspiring him to succeed but for taking up the three-year fight to have the school and its headteacher recognise that triumph.
Fast forward more than four decades and the circle has completed in proper order. “Our congratulations to Dr Mohamed El-Erian (West 1973-1976) on his election as the 42nd president of Queens’ College, Cambridge,” announced a recent issue of the school’s The Old Johnian publication. “He will take up office from October 2020. Mr El-Erian won a scholarship from St John’s to read economics at Queens’ College.”
The new president of the college founded in 1448 arrived in post six months after the pandemic hit. His social media feeds are filled with scenes from across the picturesque city, whether of the Mathematical Bridge, the 270-year-old wooden structure he wanders over to reach the half-timbered lodge where he now lives, or the surrounding countryside he walks in with his beloved dog Bosa.
Unsurprisingly, one of the key objectives he aims to deliver on is expanding access to the college to more people from diverse and less advantaged backgrounds.
He also wants to encourage students “to do even better what they already do well”, which he himself learnt after arriving at Cambridge full of worries about being able to keep up academically, making friends or fitting in.
“It took me some time to get over this ‘imposter syndrome’ and, returning for my second year, I had a noticeable bounce in my step,” Mr El-Erian tells The National.
However, when he went to the customary beginning of term meeting with his director of studies in economics, Andy Cosh, he was asked how he thought it had gone so far.
“When I responded ‘great’ to his question about my first year, he immediately said: ‘You could and should do so much better.’ That remark had a notable impact on me. And I took it to heart.
‘With a mix of renewed determination and nervous excitement, I tried to do both more and better. I was fortunate enough to end up getting a first class honours degree, captain of the football team, on the squash team, and making amazing friendships that have lasted to this day. Moreover, every year was more fun than the previous one.”
Mr El-Erian, though, credits the entire experience of studying at the revered institution for broadening his horizon, exposing him to robust academic discussions, providing key analytical tools, and introducing him to interdisciplinary approaches.
Knowledge gains such as these propelled him on to the world stage. His career began at the International Monetary Fund in 1983, straight after a doctorate in economics at the University of Oxford.
Joining the Washington-based lender had never been part of his initial plan, though. “I had intended to be an academic,” he says.
When his father died suddenly, Mr El-Erian felt an imperative to find a higher-paying job than one in academia to help his “amazing mother” support his seven-year-old sister.
“The IMF ended up being an outstanding experience, exposing me to remarkable economic and financial policy issues at a relatively young age,” he says.
After 15 years, he moved into the private sector with Salomon Smith Barney/Citibank in London, where he wanted to understand how finance and “the plumbing of the international economy” worked.
It was not long before the axiom “when El-Erian speaks, Wall Street listens” was coined.
From there, he joined the global investment management company Pimco in 1999 as head of emerging markets portfolio management, latterly becoming chief executive and co-chief investment officer of the then $2 trillion investment fund.
Until, that is, the father of two got an unexpected memo, received after telling his 10-year-old daughter to brush her teeth. “She asked me to wait a minute, went to her room and came back with a piece of paper. It was a list that she had compiled of her important events and activities that I had missed due to work commitments,” he said in a 2014 interview. Jotted down were 22 milestones for which he had been absent: her first day of school, first football game, Halloween parades, several recitals.
“Talk about a wake-up call … my work-life balance had gotten way out of whack, and the imbalance was hurting my very special relationship with my daughter.”
Famously, he quit. Afterwards, he invested more time in his family and became economic adviser to the management board at financial services company Allianz, a role he still holds part-time today.
He also wrote The Only Game in Town, his second New York Times best-seller, on the protracted policy over-reliance on central banks. His first book, the award-winning When Markets Collide, which highlighted the growing fragilities and the likelihood of major meltdown, was published just before the 2008 global financial crisis.
Writing – books and economic analysis articles for media organisations – helps expose gaps in his knowledge and discipline his thinking process.
It is a personal philosophy inspired by his father, who gained a doctorate on scholarship to Columbia University, was a professor at Cairo University and later joined the diplomatic service with postings to the United Nations mission in New York and the embassies in France and Switzerland. He was then elected judge of the International Court of Justice in The Hague.
As a consequence, Mr El-Erian’s upbringing was very international. He was born in New York and schooled there as well as in Cairo, Paris and St John’s, where his Egyptian parents hoped to give him the stability of learning one academic curriculum in one language – he speaks four: English, French, Arabic and Spanish – and the chance to make friends.
There was a particular interaction with his father that stands out in Mr El-Erian’s memory. Every morning, El-Erian Snr read the five newspapers delivered to the ambassadorial residence in France. Occasionally, he would check if his teenage son had read them, too.
“I asked him what was the point of having so many newspapers as, after all, ‘the news is the news’.
“‘Wrong’, he responded and explained that through the range of newspapers we were receiving, I had access to a range of political perspectives.”
The message was clear that unless the young El-Erian was regularly exposed to different opinions, he would not have sufficient awareness to make sound decisions.
“This emphasis on what we call today ‘cognitive diversity’ has been a major driver of my life since,” he says. “I often feel that I operate at intersections – or, as my daughter says, ‘in the in-between’. And it is why I feel so strongly about promoting diversity and inclusion.”
The issues surrounding diversity and inclusion crop up at many points during the conversation, as they have in Mr El-Erian’s life, something he largely attributes to his Arab roots, which have had a great influence on him.
He believes that the West does not fully understand the Middle East and North Africa, primarily because the conditions in Arab countries vary so widely.
“The result is either excessive generalisation and over-dramatisation or, worse, a sense that the region has lost its way and is too unpredictable to deal with,” he says.
“Looking forward, and this is not just highly desirable but also very feasible, the critical requirement is to unleash the incredible potential of the youth. The region is full of talented young people with massive upside, and with some who have already done amazing things when placed in an enabling environment.”
Mr El-Erian, of course, knows about this first hand. He has encountered prejudice many times and still does even all these years after that speech day snub.
“I have learnt to deal with this and, more generally, am committed to ensure that biases, conscious and unconscious, do not get in the way of people with amazing potential,” he says.
It is the kind of input he wants to have at Queens’ College – despite residing in the Tudor-style President’s Lodge among the older buildings known affectionately but somewhat ominously by the students as the “dark” side. As opposed to the “light” side represented by the newer buildings on the opposite bank of the River Cam.
“I love being back, and for many reasons,” Mr El-Erian says. “One of them includes the ability to walk in a beautiful town with inspiring scenery and surrounded by smart people, many of whom are trying to solve complex problems and make the world better.
“I am not thinking beyond Cambridge,” he says. “I am delighted to be here and have a lot to do working with colleagues to continue to enable current and future generations to contribute to society in multi-faceted ways.”
The professional aspirations are ever-present, as much as Mr El-Erian is enjoying the simple pleasures of the university city once again. He and Bosa can regularly be spotted tramping across fields early on a foggy morning. It is, he says, an invaluable time spent listening to podcasts and radio shows, envisaging forthcoming articles, gathering his thoughts.
He is living a new phase of his life back at the heart of Queens’, no longer the awkward undergraduate with imposter syndrome but a global powerhouse returned to right the wrongs of the past.
Mohamed El-Erian, economist: ‘It is my hope that, through visionary leadership and better coordination, 2022 will be remembered proudly as the year we both won the war against Covid and secured the foundation for a fulfilling, prosperous, and durable peace for all.’ Bloomberg via Getty Images
Building work on Saudi Aramco’s new $7 billion Shaheen petrochemical project in Ulsa, South Korea has officially begun after a groundbreaking ceremony involving the energy giant’s CEO.
Amin Nasser attended the inauguration event alongside South Korea’s president Yoon Suk Yeol and senior officials from both countries.
The Shaheen project, announced in November 2022, is being built by South Korean refiner S-OIL Corp., of which Aramco owns a more than 63 percent stake.
“We are deeply honored by the presence of His Excellency President Yoon at this historic groundbreaking ceremony,” said Nasser – also the Aramco President.
“Shaheen is among Aramco’s biggest international downstream investments, representing a significant and sizeable step forward in our liquids-to-chemicals expansion and another major milestone in further strengthening our presence in Korea,” he continued.
Shaheen is Saudi Aramco’s largest investment in South Korea and is expected to be among the biggest integrated steam crackers – a petrochemical process – in the world.
It is also the first large-scale commercial use of Aramco’s thermal crude-to-chemicals technology, which was developed in partnership with Lummus Technology, a leading licensor of proprietary petrochemicals.
The construction of the new plant will be completed by 2026 and will have a production capacity of up to 3.2 million tons per year, in addition to a facility for producing high-value polymers.
Aramco has established a solid relationship with South Korea, and has recently agreed to a $6 billion framework deal with the country’s export-import bank.
According to the deal, Eximbank can lend Saudi Aramco up to $6 billion, which can be used to fund South Korean enterprises involved in projects with the global energy firm, whereas the bank indicated that $1 billion is set aside for hydrogen and renewable energy projects.
Moreover, Aramco also inked a memorandum of understanding with South Korea’s Hoban Group last month to collaborate in building and manufacturing.
source/content: arabnews.com (headline edited)
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South Korea’s President Yoon (centre) with Aramco president Amin Nasser (Supplied)
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, today inaugurated the green data centre of Data Hub Integrated Solutions LLC (Moro Hub), a subsidiary of Digital DEWA, the digital arm of the Dubai Electricity and Water Authority (DEWA).
Recognised as the world’s largest solar-powered data centre by the Guinness World Records, the facility is located at the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world.
The opening event featured the signing of agreements between Moro Hub and its key technology partners and customers including Dell Technologies, Microsoft, Huawei, VMWare, Emirates NBD, Digital Dubai Authority, and Dubai Islamic Bank.
Sheikh Hamdan bin Mohammed was welcomed at the site of the green data centre by Saeed Mohammed Al Tayer, Managing Director and CEO of DEWA.
Following the inauguration, Sheikh Hamdan bin Mohammed toured the green data centre. He was briefed by Saeed Mohammed Al Tayer on the facility’s integrated solutions designed to provide next-generation services in the areas of digital transformation, cloud and hosting services, cybersecurity, smart cities, IoT services and professional and managed services, as well as Moro services supported by ChatGPT technology.
“The development of the world’s largest solar-powered data centre was guided by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, for advancing sustainable development, The new centre is yet another achievement that raises the UAE’s profile as a leading global player in advancing sustainability and the green economy. The centre provides an exceptional model for combining digital technologies with energy technologies. With a world-class low-carbon information technology infrastructure powered by solar energy, the data centre supports the goal of the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Emissions Strategy 2050 to generate 100 percent of its energy production capacity from clean energy sources by 2050,” Al Tayer said.
“Moro Hub’s solar-powered data centre also supports our efforts to achieve the targets of the Net Zero by 2050 strategic initiative. This initiative is particularly significant since it comes in a year in which the UAE is hosting the largest international climate conference, the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP 28). The new data centre reflects our commitment to support the development of a sustainable economy and our efforts to transform Dubai into a global green economy hub. Moro Hub has always been a frontrunner in promoting digital transformation and sustainability as well as enhancing its integrated solutions to help organisations and companies reach net-zero carbon emissions,” Al Tayer added.
Moro Hub’s green data centre features ground-breaking solutions from Dell Technologies, Microsoft and Huawei including the latest advances in Internet of Things (IoT), Cybersecurity, Digital Twin Technologies, Artificial Intelligence (AI), Cyber Recovery as a Service, Consulting & Professional Services, Managed Services, Residency Services, Network as a Service, Moro Open Cloud and more.
Using 100 percent renewable energy, the Uptime TIER III-Certified data centre, , has a capacity exceeding 100 megawatts (MW). Its area will exceed 16,000 square metres.
Hamad Obaid Al Mansoori, Director-General of Digital Dubai, said, “The launch of the green data centre embodies Dubai and the UAE’s commitment to harness innovation and adopt the principles of sustainability in providing services to citizens and residents. It also reflects the significant role played by public-private partnerships in Dubai’s strategic projects. The project is a bright sign in Dubai’s journey towards a sustainable future that takes into account environmental needs. We at Digital Dubai support this approach as part of our leadership of the digital transformation process in the emirate, which has made the city a global model for adopting creative ideas and projects that contribute to a bright future for humanity.”
“We are glad to sign strategic cooperation with Moro Hub to jointly provide solutions that will elevate and accelerate the region towards digital transformation. Dell Technologies has always been at the forefront of intelligent solutions, and we are confident that our ground-breaking solutions will continue to create opportunities for customers to adapt to digital transformation easily,” Walid Yehia, General Manager, UAE at Dell Technologies, stated.
An exemplary model for combining cutting-edge digital and power electronic technologies to create an advanced green ICT infrastructure powered by renewable energy, the green data centre offers digital products and services using Fourth Industrial Revolution technologies, such as cloud services, the Internet of Things (IoT) and Artificial Intelligence (AI), among others.
“Microsoft remains committed to leading the march towards sustainable digital transformation. Our partnership with Moro Hub is another endeavour to accelerate the growth of sustainable digitisation in the country, driven by our best-in-class technologies. Our digital solutions will enable businesses to avail greater flexibility for managing their operations and strengthen their infrastructure, thereby protecting them from any potential risks that arise from cyber threats,” Naim Yazbeck, General Manager, Microsoft UAE, added.
The introduction of Moro Hub’s new solar-powered data centre will further drive the digital transformation of government and private organisations in the UAE, reinforcing their efforts to upgrade their infrastructure to keep pace with new Fourth Industrial Revolution trends. “Huawei has always been committed to supporting its partners with innovative solutions that will help them accelerate digital transformation across sectors. Our longstanding partnership with Moro Hub is an effort to enhance the experience for their customers, offer higher reliability and help contribute effectively to their vision of transforming the UAE business landscape into a sustainable digital model,” Jiawei Liu, CEO of Huawei UAE, commented.
Moro Hub’s solar-powered data centre aims to establish a global benchmark for energy efficiency and use of green technologies. By using smart and eco-friendly technologies, the facility will enable business enterprises in the region to unlock new efficiencies.
“It is a pleasure to collaborate with Moro Hub’s solar-powered data centre. At Emirates NBD, sustainable digitisation is the core of our operations, and by utilising the state-of-the-art technology available at the data centre, we will not only be able to enhance our operations, but also manage our customer expectations well. This also gets us a step closer to accelerating the UAE’s goals of net zero carbon by 2050,” Hesham Abdulla Al Qassem, Vice Chairman and Managing Director, Emirates NBD Group, said.
The new solar-powered data centre will help organisations in the country accelerate the pace of its progress and create innovative and productive work environments while ensuring high levels of productivity.
“We are glad to associate with Moro Hub’s largest solar powered data centre to host our IT workloads. As a leading provider of transformative digital solutions, this partnership will certainly fortify our drive to achieving sustainability, as well as position us a step ahead in the financial industry. We look forward to working together with them and are optimistic that this will be a new chapter that will bring positive results to both parties in the long run,” Yahya Saeed Ahmed Nasser Lootah, Vice Chairman, Board of Directors, Dubai Islamic Bank, explained.
Ahmed Auda, Vice President and General Manager, Middle East, Turkey and North Africa, VMware, said, “Through this collaboration with Moro Hub, VMware will help empower young talent with the cloud skills and training they need to support digitisation across the UAE in line with initiatives including UAE Digital Government Strategy 2025 and the Dubai Economic Agenda D33, which aims to double the size of Dubai’s economy over the next decade and strengthen its position as one of the top three global cities. As the UAE cements its position as a global technology leader, VMware and Moro Hub will give young people access to the technical skills they need to support the transformation plans of both public and private sector organisations.”
The solar-powered data centre will play a major role in developing a new sustainable ecosystem featuring the latest solar energy and storage technologies, AI systems, and sustainability practices. It will also enable global hyper-scalers to access carbon-free computing and help organisations reduce their carbon footprint.
Egypt’s Suez Canal Authority (SCA) was named as the best Arab government institution in the second edition of the Arab Government Excellence Award.
SCA Chairman Osama Rabie received the award on Thursday during a ceremony held at the Arab League (AL) premises in Cairo to announce the winners of Arab Government Excellence Awards.
This Arab competition is organised under the auspices of Sheikh Mohammed bin Rashid, the ruler of Dubai and Prime Minister of the UAE.
The 72-kilometre-long Suez Canal – which connects the Mediterranean and the Red Seas – is the shortest maritime route between Asia and Europe and is the fastest crossing from the Atlantic Ocean to the Indian Ocean.
Around 12 percent of the world’s trade passes through the canal.
The world’s longest man-made canal without locks is one of Egypt’s main sources of foreign currency.
In 2022, the Suez Canal’s revenue hit a record $7.9 billion, up from $6.3 billion in the previous year.
The total number of vessels that crossed the canal this year reached 23,400, up from 21,700 in 2021.
Meanwhile, total cargoes that crossed the canal this year hit a record high of 1,420 billion tons, up from 1,220 billion tons in 2021.
The Egyptian Ministry of Communications and Information Technology was also picked as the best Arab ministry
