MAURITANIA – SHARJAH, U.A.E: New eco-friendly Headquarters of ‘Arabic Language Council, Mauritania’, funded by Sharjah Ruler, opens in Mauritania

The Academy will nurture the development of the language in Mauritania and beyond, bringing together an elite group of scholars dedicated to the cause.

The new headquarters of the Arabic Language Council in Nouakchott, Mauritania, was inaugurated on Monday under the patronage of Mauritania President Mohamed Ould Cheikh El Ghazouani, and through the contribution of His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, and Supreme President of the Arabic Language Academy (ALA) in Sharjah.

Development of the Arabic language

Ahmed Sid Ahmed Dié, Mauritanian Minister of Culture, Youth, Sports and Relations with Parliament, presided over the ceremony, expressing gratitude for the generous contribution from Sheikh Dr. Sultan. The Academy in Mauritania will nurture the development of the Arabic language in Mauritania and beyond, bringing together an elite group of scholars dedicated to this noble cause.

The ceremony was also attended by several senior diplomatic and media figures, as well as heads of Arab language academies.

During the event, Mohamed Hassan Khalaf, an ALA Board of Trustees member and Director-General of the Sharjah Broadcasting Authority, conveyed a message to the community of linguists and researchers in Mauritania from the Ruler of Sharjah. He also spoke about the importance of supporting major scientific projects and continuous efforts to empower the Arabic language in various countries worldwide, highlighting the strong relationship between the UAE and the Mauritania.

Championing Islamic and Arabic culture

Ahmed Sid Ahmed Dié presented a commemorative shield to the Ruler of Sharjah, and was received by Mohamed Hassan Khalaf in appreciation of Sheikh Dr. Sultan’s efforts in championing Islamic and Arabic culture and language, in various countries around the world.

Dr. Khalil Al Nahwi, Chairman of the Arabic Language Council in Mauritania, delivered a speech congratulating the attendees, the entire Mauritanian population and all guardians of the Arabic language. He also reviewed the council’’s achievements over the past five years, praising the support it receives directly from the Ruler of Sharjah and the Arabic Language Academy in Sharjah.

Ahmed Sid Ahmed Dié, along with Mohamed Hassan Khalaf and Dr. Mohamed Safi Al Mosteghanemi, Secretary-General of ALA, unveiled a commemorative plaque marking the opening of the building before the ceremonial cutting of the ribbon, and was followed by a tour of the impressive building, designed in the Mauritanian architectural style.

Built with eco-friendly materials, the new headquarters consists of two floors and includes several administrative offices, study halls, meeting rooms, and an expansive library. The main building is accompanied by a hall named Al Qasimiya Hall to be used for seminars and events. The headquarters also houses a mosque that can accommodate more than 300 worshippers.

Situated in the University district on land provided by the Mauritanian government, the entire construction and furnishing of this significant establishment were funded by the Ruler of Sharjah.

source/content: khaleejtimes.com (headline edited)

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MAURITANIA / SHARJAH, U.A.E

UA.E.: Recognized Global Pioneer: UAE to lead World Bank’s Cloud Computing Working Group. Dr. Bushra AlBlooshi, Dubai Electronic Security Center (DESC) Appointed as the Leader of the Cloud Computing Division within the World Bank Group.

Cloud computing to add $181 bn to UAE’s economy by 2033.

The UAE has been chosen to lead the Cloud Computing Working Group within the World Bank, a testament to its remarkable progress in advanced technology and digitization. Recognized as a global pioneer in digital transformation and the successful implementation of cloud computing best practices, the UAE assumes this role to support both government entities and private sector companies in their transition to cloud computing systems. By prioritizing the utilization of cutting-edge data protection and cybersecurity solutions, the UAE reaffirms its commitment to facilitating the seamless adoption of cloud technology while ensuring utmost security for all stakeholders.

Sheikh Hamdan congratulates Dr. AlBlooshi

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and chairman of the Executive Council, extended his congratulations to Dr. Bushra AlBlooshi from the Dubai Electronic Security Center (DESC) on being appointed as the leader of the Cloud Computing division within the World Bank Group.

In addition, Sheikh Hamdan posted the message on X (formerly Twitter) and said, “Congratulations to Dr Bushra AlBlooshi of the Dubai Electronic Security Center (DESC) on being appointed by the World Bank as the head of the World Bank Group for Cloud Computing, comprising of 27 countries, organisations, and major international technology firms.” 

He added, “We are immensely proud of the continuous achievements of Emirati talent. With their expertise and accomplishments, they further strengthen the UAE’s international stature and role in advancing global sustainable digital development.

According to her profile on the World Economic Forum (WEF), Dr. AlBlooshi possesses more than 17 years of expertise in digital transformation, cybersecurity, and strategy management. She is recognized as an author and a prominent speaker in the areas of cybersecurity and digital transformation, demonstrating her extensive experience in the field.

Significance of cloud adoption for GDP growth

A report commissioned by Amazon Web Services (AWS) revealed in May that the widespread adoption of cloud technology among the public is projected to contribute an estimated $181 billion in economic value to the UAE over the next decade. This figure represents approximately 2.5 percent of the UAE’s economy. The paper further highlighted that a mere 1 percent increase in cloud adoption by organizations in the UAE would result in an average gross domestic product (GDP) growth of 0.21 percent or $854.7 million. This growth rate is three times higher than the regional average for the Middle East and North Africa, making it the highest in the region.

source/content: economymiddleeast.com (headline edited)

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Dr. Bushra AlBlooshi of the Dubai Electronic Security Center (DESC) appointed by the World Bank as the head of the World Bank Group for Cloud Computing, comprising of 27 countries, organisations, and major international technology firms.

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UNITED ARAB EMIRATES (U.A.E.)

MOROCCO: Forbes 50 Over 50 Spotlights Moroccan Scientist Rajaa Cherkaoui El Moursli

Rajaa Cherkaoui El Moursli was part of the research team that made the groundbreaking discovery of the Higgs Boson particle.

Moroccan prominent nuclear physicist Rajaa Cherkaoui El Moursli was featured this year on the list of Forbes 50 Over 50 for the Middle East and Africa (MENA) in recognition of her outstanding scientific contributions.

El Moursli’s research has helped prove the existence of the Higgs Boson, which is the particle responsible for the creation of mass. 

“While her almost 30-year-long career in science has been filled with achievements, it’s a career that would not have existed had she not convinced her father to let her seek out a graduate degree in France in the early 1980s,” Forbes wrote. This was a time when Moroccan women were “expected to leave home to marry and not pursue a vocation.” 

After earning her Ph.D in Nuclear Physics from the University of Joseph Fourier in Grenoble, France, El Moursli returned to Morocco in 1982.  There, she joined the Faculty of Sciences at the University Mohammed V in Rabat. 

Early in her career, she took the helm as the head of the Laboratory of Nuclear Physics in Rabat.  El Moursli’s research focuses on the applications of nuclear physics, medical physics, and high-energy physics. 

A pivotal moment in her career occurred in 1996 when she became an integral part of Morocco’s participation in the international ATLAS collaboration at the European Organization for Nuclear Research (CERN). The event marked her entry into one of the world’s most prestigious scientific research centers, located in Geneva.

El Moursli’s contributions have extended beyond the laboratory giving her membership with international organizations such ATLAS, KM3NET, and ANTARES. 

Within these roles, she has been vital in creating and implementing master’s degree programs at her university, notably creating Morocco’s first master’s program in medical physics. Currently, over thirty graduates from her program hold crucial positions as radio physicists in Moroccan hospitals.

Throughout her career, she has supervised numerous doctoral and master’s students and has played a crucial role in building and strengthening academic programs.

In 2015, she became the first Moroccan to receive the L’Oreal-UNESCO award for Women in Science, representing Africa and the Arab States. 

El Moursli served as VP of Research, Innovation, Cooperation, and Partnership at Mohammed V University.  She also chaired the competition program “My Thesis in 180 Seconds.” 

Her accolades include being a fellow of the World Academy of Sciences (TWAS) and serving on the “For Women in Science” international jury. 

In 2017, she was honored by the Organization of Islamic Cooperation for her outstanding contributions to science and technology in the Islamic world.

Now in 2024, El Moursli continues to play a pivotal role in shaping the global scientific landscape and showcasing Moroccan achievements to the world. 

source/content: moroccoworldnews.com (headline edited)

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Moroccan nuclear physicist Rajaa Cherkaoui El Moursli

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MOROCCO

SAUDI ARABIA hosts ‘Islamic World Educational, Scientific and Cultural Organization’s (ICESCO) 44th session of Executive Council

Event will cement the Kingdom’s efforts to promote cultural communication and exchange, scientific and social development.

Saudi Arabia, represented by its National Commission for Education, Culture and Science, is hosting the 44th session of the executive council of the Islamic World Educational, Scientific and Cultural Organization in Jeddah from Jan. 16 to Jan. 18.

ICESCO media department told Arab News: “The proceedings of the executive council of the 44th Islamic Educational, Scientific and Cultural Organization will kick off in Jeddah, Saudi Arabia on Tuesday (Jan. 16, 2024) with the participation of 54 member states. The event will run until Thursday.”

As the representative of the Kingdom, the NCECS said that hosting the event comes as part of the support provided to the education, culture and science sectors. It is also indicated the Kingdom’s role in driving forward educational, cultural and scientific development, both regionally and globally, it said.

Among the items on the executive council agenda are future strategies and action plans. The organization’s budget will also be discussed.

The council’s final recommendations will be handed over and included in a report to be endorsed by the ICESCO’s biannual general conference, the organization’s policy governing body event.

Prince Badr bin Abdullah bin Farhan, minister of culture and chairman of the NCECS, said: “The event will cement the Kingdom’s efforts aiming at creating spheres of cultural communication and exchange as well as scientific and social development. These sectors are considered to be cornerstones for developed human societies.”

As a prominent member of ICESCO, it is the strategy of the Kingdom to pursue all avenues supporting the organization’s goals in the best interests of the Muslim world.

Operating under the Organization of Islamic Cooperation, ICESCO is an intergovernmental organization specializing in the development of education, science and culture. Established in 1982 with its headquarters in Rabat, Morocco, ISESCO acts in line with the OIC’s general strategy aimed at achieving sustainable development in these sectors across all Muslim states.

source/content: arabnews.com (headline edited)

SHARJAH, U.A.E: Al Qasimia University Honours ‘Islamic Economics Research Award’ Winners

Under the patronage of H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, Sharjah Centre for Islamic Economics (SCIE) at the university organised a ceremony to honour the winners of the Al Qasimia University Award for Islamic Economics Research, held in the university theatre, in the presence of the President of the University, members of the Board of Trustees, the University Rector, deans of colleges, and members of the Academic, and administrative bodies and students.

Professor Jamal Salem Al Tarifi, President of Al Qasimia University, honoured the award winners and congratulated them on the quality of research presented in Islamic economics studies.

Professor Dr. Awad Al Khalaf, Acting Chancellor of the University, expressed his highest thanks and gratitude to the Ruler of Sharjah, and founder of the University, for His Highness’s generous patronage of the award, as this sponsorship adds value to one of the most important scientific activities that contribute to the renaissance of the economic sector, and the dissemination of the principles and values of Islamic economics, according to scientific foundations, and qualitative scientific research taking into consideration the real need of building a solid economy that achieves UAE development.

The list of researchers included honouring Dr. Badr Al Zaman Khamqani, from the Republic of Algeria, winner in the field of economics, in his research entitled: “A proposed strategy to accelerate the pace of digital transformation in Islamic banks.” Dr. Ahmed Abdel Rahman Ahmed Al Majali, from the Hashemite Kingdom of Jordan, won in the field of law, in his research entitled: “blockchain technology compatibility with Islamic financial transactions.” Professor Dr. Aisha Muniza, from the Maldives, won in the field of economics, in her research entitled: “Development of a digital Islamic social stock exchange”.

Dr. Yasser Al Hosani, SCIE Director, announced the launch of the fourth edition of the award under the title “Smart Islamic Financial Engineering”.

source/content: wam.ae (headline edited)

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

EGYPT: Nour El Refai Wins Architecture Masterprize 2023 Photography Award

The Egyptian architect turned photographer walks us through his award-winning photographs in Dubai.

Renowned Egyptian architectural photographer Nour El Refai was announced as the winner of Architecture Masterprize 2023 Photography Award in the ‘Healthcare-Exterior’ category for his work on Thukher Club, a seniors social club in Al Wasl, Dubai which was designed by Naga Architects. This is the second year in a row that El Refai wins the prestigious award, after his shots of Museum of the Future won the ‘Cultural-Interior’ category in 2022.

Capturing the organic architecture and layout of Thukher Club, the brilliance of El Refai’s photographs rest in their nuanced approaches. From meticulous compositions and dramatic perspectives to calm lighting and consistent tones, his work helped translate Naga Architects’s design and concept.

Over the past decade, El Refai has steadily grown into a benchmark in architectural photography within the MENA region. Whether it’s stunning summer houses or cultural centres, his work is helping document the design upheaval taking over the region. In Al Wasl, he delivers a masterclass in the relationship between architecture and lighting.

Light rain set the tone to the first day of photographing Thukher Club. “Clouds felt dramatic. For Naga Architects, it made sense to opt for a clear sky to define the architecture,” El Refai tells SceneHome. “I adjusted the composition based on the natural sky and clouds to balance the architecture without overshadowing it.”

A key parameter of El Refai’s work on Thukher Club was our yellow dwarf star. “The sun’s movement helped define the masses. I visited early in the day and imagined the shape of shadows against them,” he recalls. After almost completing his work, El Refai revisited Thukher Club at noon, which required a new set of permissions since it was during a peak time, when crowds of people would pass through. “When the sun’s perpendicular there’s contrast between the masses and the foreground. Human elements add a sense of scale. It shows you how the masses overlap, that’s why I needed the sun to be high. Had it been low, both surfaces would’ve been white and lacked shade.”

The exterior masses of Thukher Club featured irregular and organic forms. Its main entrance, covered by undulating architecture, was photographed from two different angles; one emphasises its curves before sunset and the other has a wider view that establishes context. “Lines guide me in terms of where to stand and look, and lenses provide the freedom to shift in direction,” El Refai says. Both perspectives guided him and how shifts were illustrated in the former entrance image.

“I exaggerated the curve by getting closer to the building with an acute angle. I wasn’t photographing elevations but accentuating them,” he says, referring to the dramatic perspective where the building appears in motion towards its vanishing point. On the far right side of the same image, Thukher Club’s logo (which is the abstracted layout of the buildings) appears from within the club. To get this shot, El Refai kept adjusting the frame until it felt right.

Every architectural project presents unique challenges to photographers. Once they’ve become confident in their process and tools, only then will they be able to showcase it in the best light possible. That’s something El Refai learned from practice. “Practice makes you understand that you don’t have to be perfect,” he says. “You understand the parameters of perfection but more importantly you’re able to tell when it’s enough, how to have vision and imagine situations in advance.”

In Al Wasl, El Refai predicted that night shots would be challenging because lamp posts close to the building switched between too many colours. A full day was spent solving the issue and as a result, instead of having 10 colours switching during twilight, there were only three. This was an example of the importance of preparing in advance and understanding the project.

From inside, Thukher Club was composed of three main spaces with skylights providing natural light. An all-white interior provoked nuanced approaches by El Refai, which conveyed the desired level of brightness intended by the design, highlighted the importance of toning and how subtle changes in composition make all the difference. In one of the shots, El Refai pictures a space flanked by a corridor, followed up by a closer shot that places viewers within the seating area.

“I tried to show different levels without appearing too overlapped,” El Refai says. “The oddity of photographing a 3D space into a 2D plane is that people don’t experience space in 2D, so when you add it on a page the masses blend together, and you have to figure out the point from which you’re photographing and the lens you’re using in order to ease the composition.”

Once the composition is settled, the rest of the process includes lighting, editing and adjusting the layers and tones. “Consistency of tones is crucial. Depending on camera measuring, sunlight and timings, tones are always changing but they need to remain consistent,” El Refai adds. Between day and night, there are naturally changes in tones but in both sets of images the tones of each need to remain consistent.

“Most of the work is in the composition and the rest is timing,” El Refai continues. “It’s all about enjoying the process. I roam around the project to get a feel for the spaces and the relationships between them.” To be able to get these shots, El Refai schedules the entire day and determines how much time each perspective will have, the window of opportunity so to speak.

presentation. “Transitioning from day to night needs to be seamless, unless designers request to emphasise different moods of the same space,” he says. “I prefer telling the story of the project as an experience, walking from one space to another. Visual storytelling is of paramount importance, I don’t deliver an album without ordering it. It may not be the same order of photography because that depends on context, presenting the images is a different story. The order depends on the story that I want people to feel.”

When asked for advice for upcoming photographers, El Refai says, “Research the designer and the design to understand the project. If you receive plans or renders, use them to envision the space. On the ground, there will be some changes but when you imagine the project’s architecture you can interpret it properly through images.”

If El Refai’s insights are an indication of anything, it’s that preparing for a shoot is equally as important as the shoot itself. Whether it’s the scheduling or communication, proper briefing and communication, when a photographer understands the context, they find the freedom to explore nuanced angles. With time, as demonstrated by El Refai’s serial award-winning approach, there will be less photos and more keepers.

Photography Credit: Nour El Refai

source/content: scenehome.com (headline edited)

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EGYPT

MOROCCO: First “Made in Morocco” car brand NEO’s ‘NamX’ presented to King Mohammed VI

Morocco’s King Mohammed VI presides at the Royal Palace in Rabat the presentation ceremony of the model of the first Moroccan car manufacturer “Neo Motors” and the prototype of a hydrogen vehicle “NamX” developed by a Moroccan.

Morocco’s King Mohammed VI presided, on Monday at the Royal Palace in Rabat the presentation ceremony of the model of the first Moroccan car manufacturer and the prototype of a hydrogen vehicle developed by a Moroccan, two innovative projects that will strengthen the promotion of the “Made In Morocco” label and consolidate the Kingdom’s position as a competitive automotive production platform.

The presentation to the King of the car of “Neo Motors”, a company owned by Moroccan capital, and of the prototype of a hydrogen vehicle of the company NamX, named HUV (Hydrogen Utility Vehicle), underlines the Sovereign’s willingness to encourage and promote the pioneering national entrepreneurial initiatives and the creative capacities, particularly of the Moroccan youth, that these projects embody.

These two industrial initiatives are in line with the High Royal Directions aiming at directing the private sector towards productive investment, in particular in the advanced and future sectors and at stimulating the emergence of a new generation of companies in the Kingdom.

They also confirm the King’s far-sighted vision in terms of sustainable development and the promotion of renewable energies, particularly the emerging field of green hydrogen.

Neo Motors company has set up an industrial unit in Ain Aouda (Rabat-Salé-Kenitra Region), to manufacture motor vehicles for the local market and for export, with a projected annual capacity of 27,000 units and a local integration rate of 65%.

The total projected investment for this project amounts to 156 million dirhams ($15.6 million) and will eventually create 580 jobs.

The final approval of the first vehicle was issued by the National Agency for Road Safety in February 2023. The company has launched the pre-production and plans to inaugurate the industrial unit during the month of June 2023 and to launch the marketing.

This project, which gives birth to the first Moroccan consumer car brand, is carried by national skills. It relies mainly on the ecosystem of local automotive suppliers developed by the Kingdom.

As for the prototype of the hydrogen vehicle of NamX, it was designed in collaboration with the Italian design office and coachbuilder of reference Pininfarina. The interior design of the vehicle has been realized by Moroccan talents.

Indeed, the HUV model will be supplied with hydrogen by a central tank that will be completed by six removable capsules, guaranteeing a significant autonomy and facilitating the hydrogen recharge in a few minutes.

This pilot project places Morocco firmly in the ongoing worldwide momentum to develop new forms of transport that combine efficiency and respect for the environment.

The monarch awarded the Wissam Al Kafaa Al Fikria to Nassim Belkhayat, founder and CEO of Neo Motors company, and Faouzi Annajah, President and founder of NamX company.

source/content: middle-east-online.com (meo) / headline edited

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The two industrial initiatives are in line with the High Royal Directions aiming at directing the private sector towards productive investment

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MOROCCO

EGYPT’s Dr Hamada Elkady , The Desert Shrimp Farming Pioneer of Delta Farms, Wadi El Natrun

Dr Hamada Elkady, executive director of Delta Farm, believes that the Egyptian desert has the potential to be a successful shrimp producing region.

Dr Elkady has been the executive director of Delta Farm – a tilapia and shrimp farm in Wadi El Natrun – since 2019.

Can you briefly describe your aquaculture career?

I obtained a doctorate and a master’s degree in aquaculture, but upon graduation, I worked as the production manager of the Al-Amana Feed Factory until 2013. Then I worked in tilapia farms for my family in Kafr El-Sheikh. I have been the director of Delta tilapia and shrimp farm in Wadi El Natrun since 2019.

What inspired you to become a shrimp farmer?

We were looking for an alternative to tilapia culture, and shrimp was the ideal solution. What helped us were the factors available at our Wadi El Natrun farm, such as the salinity of the water and the appropriate climate for vannamei shrimp culture.

What were the main challenges to overcome when you set the farm up?

The first aquaculture season there in 2019 was dedicated to Nile tilapia culture. We started trialling vannamei shrimp farming in 2021 in ​​two ponds and the success of the trial was an incentive for us to convert more of the farm to shrimp production, and perhaps move purely to shrimp in the future.

A key challenge was to search for a place with a water source with a suitable salinity for aquaculture, which was also close to the markets. After that, the design of the farm itself, in order to save energy, adjust production intensity, improve feed conversion ratios and ensure the best waste disposal methods.

Can you provide as many details as possible about the scale, design and operation of the farm?

The total land area is 70 acres and includes nine 70 by 70 metre ponds lined with polyethylene, in addition to four 40 by 40 metre ponds used for rearing and nursery. The ponds are fed by groundwater from wells and we use the waste water in a hydroponic component, which produces crops that tolerate salt, such as alfalfa (Medicago sativa) and the Barhi date palm (Phoenix dactylifera ‘Barhi’) in the parts of the farm with no ponds.

How many tonnes does the farm currently produce per year?

Our production is mixed between tilapia and shrimp. There are three shrimp ponds with a production average of 2.6 tonnes of shrimp, with production sizes ranging from 30 to 40 shrimp per kilogram. There are also four nursery tanks each holding 100,000 shrimp larvae. The current year’s production consisted of one cycle of shrimp because we are still developing a plan to produce more than one cycle.

Meanwhile, we produce around 135 tonnes of tilapia from six ponds, selling them at sizes ranging from 250 to 350 grams.

What does a typical day’s work consist of on the farm?

Most of the day is split between the disposal of organic waste from the ponds, which we do three times, and feeding, which takes place four times. We also take samples to ensure that the water conditions are good.

Dr Elkady next to one of the shrimp ponds at Delta Farm 

The farm has three shrimp ponds with a production average of 2.6 tonnes of shrimp, while six additional ponds produce around 135 tonnes of tilapia

What was the project’s original goal and what has been achieved so far?

The original goal was to produce high-quality fish in an area far from all sources of pollution and with the highest production rates. Next season, we aim to produce 10 tonnes of shrimp per acre, and then ramp this up until we reach optimal global production rates.

What are the most important factors for ensuring efficient shrimp production in a desert environment?

  • The salinity level of the water source needs to be reasonable for shrimp culture, and the level of 20-30 ppt has the advantage of high feed conversion rates and low disease incidence.
  • A sandy loam soil which retains water can save the cost of lining the ponds with polyethylene
  • A reliable source of electricity to operate the aerators and pumps from the wells – solar energy can reduce costs.
  • Trained workers and experience are required because aquaculture in the desert differs greatly from other climates.

What impact has the rising costs of inputs such as feeds had on you?

The rise in feed prices represents a major challenge but the price of shrimp is still high enough to make profits. However, it is harder to make profits from tilapia.

What regions and production systems have the most scope for shrimp farming growth in the coming years?

Promising production systems depend mainly on the type of surrounding environment and the availability of water, but in desert lands, intensive and semi-intensive systems – including biofloc and recirculation aquaculture systems (RAS) – are among the best options.

One of the most promising areas for aquaculture in Egypt is the Al Maghrah area in Matrouh Governorate, which is characterised by good soil, a suitable climate and a water source with suitable salinity.

How would you like your farm to develop in the coming years?

The most important part of our development plan is installing alternative energy sources, such as solar panels, and developing the nursery unit so that we can do more than one cycle of shrimp per season. We are also looking to cover the ponds with polytunnels.

source/content: thefishsite.com (headline edited)

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EGYPT

MOROCCO’s Abdellatif Jouahri Named Africa’s ‘Central Banker of the Year 2024’

The Banker highlighted Jouahri’s strategies to safeguard Morocco’s economic stability in 2023, as well as his dedication to social causes.

International financial affairs magazine The Banker has named the Governor of Morocco’s Bank Al-Maghrib (BAM) Abdellatif Jouahri Africa’s Central Bank of the Year 2024.

Earning the top spot for Africa in the Financial Times-owned outlet’s ranking highlighted Jouahri’s leadership in the African banking sector, as well as his contributions during a period of remarkable growth and resilience.

Jouahri’s tenure spans two decades, marked by his adept steering of Morocco’s banking sector and the broader economy.

The Banker acknowledged Jouahri’s role in the relief efforts following the devastating Al Haouz earthquake that hit central Morocco in September of 2023.

The magazine noted that Bank Al-Maghrib, Morocco’s central bank, donated MAD 1 billion to the country’s relief fund for the earthquake, and “was quick to offer support for sectors of the economy most impacted by the tragedy.” 

In addition, the Banker lauded Jouahri’s decisions, including BAM’s “relative success” in tackling inflation. The Moroccan central bank was one of the first African central banks to hold interest rates in 2023, after lifting them to 3% in March, allowing the economy to absorb the impact of rate rises. 

“After a slight uptick in August, the bank continued to hold its nerve, a move that was vindicated by inflation falling back down to 4.3% in October from a high of 10.1% in February,” the magazine explained.

The Banker also highlighted the launch of Morocco’s instant payment system (IPS) in June, which aimed to advance the country’s financial infrastructure.

Commenting on the recognition, Jouahri expressed “considerable satisfaction” for receiving the top spot in the ranking, emphasizing the key role of central banks in overcoming global challenges.

“I am convinced of central banks’ pivotal role in overcoming the major challenges that beset the world. Foremost among these is climate change: the consequences of which are steadily worsening,” he said.

In light of escalating political tensions and the prolonged inflationary trends, Jouahri underlined the heightened challenges that central banks face. 

He called on these financial institutions to “optimise their monetary policy decisions to safeguard the purchasing power of citizens, especially the most underprivileged among them, and improve investor confidence in the future of their companies.”

source/content: moroccoworldnews.com (headline edited)

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MOROCCO

SAUDI ARABIA: Heroine’s Journey by Yasmine Idriss. The First Arab and First Saudi Woman to Complete the gruelling 1,400 km Cycling Trip around Iceland

Yasmine Idriss hopes her ‘heroine’s journey’ will inspire others to take the road less traveled.

Earlier this year, Yasmine Idriss sat down with Arab News just before setting off to Iceland to cycle the country’s Ring Road on the journey of a lifetime. Now, she has become the first Arab woman to complete the grueling trip.

Initially, she thought her time on the road — which runs for almost 1,400 km — would give her the chance to plan her next career move. Little did she know she would pedal her way to much deeper enlightenment.

Her entire journey, from raging winds to sweet serenity, is captured in a documentary film titled “Threshold,” due out in 2024.

“I open up quite a bit (in the film) about what this was for me and what the ‘heroine’s journey’ is. The heroine’s journey isn’t just a woman going through the hero’s journey. (It) has a lot more surrender embedded in it, and that’s a huge theme of what Iceland was for me,” she told Arab News.

While Idriss knew there was no way to replicate the effects of Iceland’s biting winds during her training period, she hadn’t expected them to be quite as fierce as they were — she faced the highest winds of the entire season and was blown off track in all directions. With oncoming traffic on one side and sharp rocks on the other, she prayed for stability.

HIGHLIGHTS

• Yasmine Idriss’s entire journey is captured in a documentary film titled ‘Threshold’ due out in 2024. 

• Kathi Hendrick helped create the narrative for the documentary while Madison Hoffmann is the lead filmmaker.

“It was a very brutal welcoming to what this Ring Road journey was going to be about,” she said.

With the exception of just two days in her three-week trip, the wind was constant — not stopping “even for a second,” she said. While most life challenges come in waves, ebbing and flowing, the continuous assault brewed frustration.

“Why? What is the purpose? What can I be learning from this? Why is this so hard?” Idriss says she wondered.

Her close friend — and one of her two companions on the road — Kathi Hendrick, said to her: “Wind stops inertia, wind forces you to move, it forces you to be awake, otherwise you would fall.”

The physical challenges paralleled the emotional. Realizing that she was exerting more strength than needed, she surrendered.

“The muscles that needed to be working were working, and the muscles that didn’t need to be working were relaxed. Psychologically, how that translated was: I just let anything that needed to happen, happen,” she explained.

I feel proud to be able to represent Saudi women. I don’t feel like I’m the first. There are so many amazing Saudi women who have paved the way for me, (who have) done amazing things (and) are doing amazing things.

Yasmine Idriss, Cyclist

Hendrick supported the cyclist on the trip and helped create the narrative for the upcoming documentary, while Madison Hoffmann, also a good friend, was the lead filmmaker.

Idriss said: “Somehow the three of us were mirroring each other’s experiences. Each of us was going through something very similar; even though I was on a bike and they were in the van, there was a sort of synchronicity that was happening. It was just really beautiful to see the magic that can happen when women come together in a supportive way.”

The trip was meant to help clarify what the next chapter of her life would look like. Idriss had just left her position as the head of a sustainable footwear company, which she thought was her dream job.

Removing herself from the responsibilities of daily life, and being disconnected from family and friends, ignited a deep transformation, as trips of this nature tend to do. “Over 20 days on the bike, it was an inward journey,” she said.

While there was no hiding from the elements, there was no avoiding the self either. From ending a close relationship to facing difficult questions, “everything was brought to light,” Idriss said, adding that that was exactly what she needed.

Idriss is now advocating for time away to recharge and innovate in a hyper-productive society, packed with intense working hours and social commitments.

She explained: “For Vision 2030, we’re developing like crazy. We’re one of the fastest developing countries in the world, and it’s happening with such beautiful leadership. We also need rest, and we need space, and we need to take care of ourselves in order to be as productive as our communities need us to be right now.”

While she primarily embarked on the journey for her own self-exploration, she humbly hopes to drive others to do the same.

“I feel proud to be able to represent Saudi women. I don’t feel like I’m the first. There are so many amazing Saudi women who have paved the way for me, (who have) done amazing things (and) are doing amazing things,” she said. “If I can be a mirror for the world to look at what women are doing in Saudi Arabia, then that would be a huge privilege. And if I can inspire others to go on their own road, whether that’s a walk in the neighborhood, or climbing Mount Everest like Raha Moharrak, then I have accomplished my mission.”

Immersing herself in the landscapes of Iceland, with all the challenges and revelations that it brought, inspired her to “(bring) this work to others and invite others into similar journeys of transformation in a very different form. This is what I’m working on next.”

source/content: arabnews.com (headline edited)

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Yasmine Idriss has made history as the first Arab woman to complete the grueling 1,400 km cycling trip along the Nordic Ring Road. (Supplied)

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SAUDI ARABIA