The African Banker, a quarterly magazine that covers Africa-related financial news, has named Moroccan Minister of Economy and Finance Mohamed Benchaaboun as Africa’s “Finance Minister of the Year.
The winners of the 2021 edition of the African Banker Trophies were celebrated on June 23, 2021, during the prestigious awards ceremony, organized on the sidelines of the Annual Meetings of the African Development Bank.
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MOROCCO
‘Our goal is to leverage Dubai as the first economy capital in the world’: Mohammed bin Rashid tells Board of Directors of Dubai Chambers
‘Economy has priority in the next stage, and we must mobilise all our creative minds and our exceptional efforts to catapult Dubai’s economy to new heights,” said His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, during a meeting on Tuesday with the Board of Directors of Dubai Chambers after the major restructuring where His Highness formed three entities – Dubai Chamber of Commerce, Dubai Chamber of Digital Economy and Dubai Chamber of International Trade.
His Highness Sheikh Mohammed recently approved the new Board of Directors of Dubai Chambers as part of efforts to enhance their contributions to Dubai’s economy, raise the level of support provided to emerging business sectors and accelerate Dubai’s innovation journey. The move is also part of efforts to catalyse Dubai’s economic transformation and further reinforce the city’s rise as a global business hub.
”Establishing a solid and prosperous economy is at the center of our priorities,” His Highness added.
source/content: wam.ae
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DUBAI, UNITED ARAB EMIRATES (U.A.E)
United Arab Emirates elected as a non-permanent member of the UN Security Council for 2022-2023.
The UAE is one of five countries elected to sit as non-permanent members on the Security Council in 2022 and 2023.
The others are Brazil, Albania, Gabon and Ghana, and the new arrivals could potentially shift the power balance within the world body, diplomats predicted.
“The UAE has always been ready to assume its share of the responsibility to confront urgent global challenges, in cooperation with the international community, and this was the primary motivation for our campaign for Security Council membership,” said Sheikh Abdullah bin Zayed, the UAE’s minister of foreign affairs and international cooperation.
Lana Zaki Nusseibeh, the UAE’s permanent representative to the UN, said her country’s role on the Security Council “stems from our belief that our values and principles can help advance progress toward our common goal of international peace and security.”
The UAE joined the UN in 1971, the year the country was founded. The only time it has previously held a seat on the Security Council was in 1986-1987.
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UNITED ARAB EMIRATES (U.A.E.)
Asil Attar. Global Fashion and Retail Industry Leader.
First Female CEO of Damas Jewellery (estb. 1907). Damas has a portfolio of over 40 international luxury brands and in-house brands. With 230 stores spread across GCC, it has secured a global trademark.
Asil Attar has worked with some of the world’s leading Department stores and most coveted Brands and Retail groups such as Harrods, Giorgio Armani Group, Coach, Karen Millen, Jigsaw and Majid Al Futtaim etc..
Asil was the CEO of Majid Al Futtaim Fashion, the licensee for Juicy Couture in the Middle East.
This has won her a number of accolades and recognition for her outstanding achievements.
Honours:
www.asilattar.com
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UNITED KINGDOM / IRAQI-BRITISH / EUROPEAN ARAB
The highest ranked Arabs originating from Kuwait in Gulf Business’ annual Arab power list.
Kuwaiti nationals ranked as the fourth largest group in the Gulf Business’ annual Arab Power list for 2021, with six entries.
1. Mohammed Alshaya
Executive chairman, Alshaya Group
Sector: Retail / Overall rank: 36 / 2020 rank: 30
2. Kutayba Yusuf Alghanim
Executive chairman, Alghanim Industries
Sector: Diversified / Overall rank: 41
3. Mohammad Saud Al-Osaimi
CEO, Boursa Kuwait
Sector: Finance / Overall rank: 42 / 2020 rank: 42
4. Bader Nasser Al-Kharafi
Vice chairman and CEO, Zain Group
Sector: Telecoms / Overall rank: 43 / 2020 rank: 41
5. Tarek Sultan
CEO and vice chairman, Agility
Sector: Logistics / Overall rank: 71 / 2020 rank: 71
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KUWAIT
Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has launched ‘100 Million Meals’ campaign to provide food parcels for families and people in need across 20 countries during the Holy Month of Ramadan.
Launched as an expansion from last year’s locally-held ’10 Million Meals’ campaign that empowered COVID-19-hit communities across the UAE, the ‘100 Million Meals’ campaign will provide food support for the vulnerable in the Middle East, Africa and Asia
The campaign is part of UAE’s response to global efforts to combat world hunger, a major challenge that has been exacerbated by outbreak of COVID-19 that has pushed millions of disadvantaged populations to greater insecurity, poverty and unemployment. The campaign also aims to support the international community in achieving the second of the 17 United Nations Sustainable Development Goals to end hunger by 2030.
The MBRGI will carry out the campaign in collaboration with the UN World Food Programme, the Food Banking Regional Network, humanitarian and charity organizations in beneficiary countries, Mohammed bin Rashid Al Maktoum Humanitarian and Charity Establishment (MBRCH), and UAE federal and local entities.
source: wam.ae
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DUBAI, UNITED ARAB EMIRATES (U.A.E)
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:
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QATAR
Sadeg M. Faris, Ph.D, Engineer. Entrepreneur. CEO – Reveo Inc, USA
Founder & CEO : Reveo Inc,
Founded and spun off 4 companies: EVionyx (New York-Taiwan), VRex (New York) and Chelix (California)
Has more than 400 issued patents to his credit
Awards:
Education:
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AMERICAN / LIBYAN-AMERICAN / ARAB AMERICAN
Prince Abdullah bin Musaad has recently acquired the French Club – Chateauroux prop up French second division.
The club is being bought through his company, United World.
Chief executive Abdallah Al-Ghamdi “saw the last game and reached an agreement with club officials and the board of directors,” the prince said.
His current porfolio :
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SAUDI ARABIA
The Ministry of Planning launched in cooperation with Facebook and Rise Up Foundation an interactive platform “SMB Business BOT” for entrepreneurship to support small and medium enterprises in the Middle East and North Africa.
Minister of Planning and Economic Development, Dr. Hala El-Said asserted the keenness of the ministry to provide mechanisms supporting the entrepreneurship thinking, saying the ministry is keen on establishing business incubators via “Rowad 2030” project that was launched by the ministry .
Facebook Managing Director in the Middle East and North Africa Ramez Shehadi said Facebook is committed to provide the tools that would enable small and medium enterprises push forward economic growth wheel, creating job opportunities and boosting local societies in Egypt,
The Founder of Rise Up Foundation Abdel Hamid Sharara said the Business BOT program will provide support needed by the different companies in the Middle East and North Africa. (MENA)
source: egypttoday.com
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EGYPT