Magrabi joins with top universities to train students; eyes more initiatives

The partnership is not just about growing the business and expanding the company’s footprint, but also about taking social impact programs to foster local talent that will firmly establish Magrabi as a business group that the region looks up to. (Supplied)
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Updated 07 May 2023
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Magrabi joins with top universities to train students; eyes more initiatives

  • Eyewear retailer is working on an internal Retail Academy across the Kingdom covering all its teams

RIYADH: After joining hands with two leading universities in Saudi Arabia — Umm Al-Qura and King Saud — to provide training facilities to students who are studying to become opticians, Magrabi Retail Group, the Middle East’s leading eyewear retailer, is eyeing more such initiatives, its CEO said.

Speaking in an exclusive interview with Arab News, Yasser Taher said Magrabi is working on the implementation of an internal Retail Academy across the Kingdom covering all its teams: optometrists, opticians, client advisors and managers.

“The Retail Academy covers all aspects of training and development around vision correction, technical know-how, client experience, product expertise, fashion and lifestyle, operational management and leadership.

“The Retail Academy will be in-house at Magrabi and it will be deployed across all the countries we are operating in,” Taher said.

The big picture

Commenting on the big picture behind the training programs Magrabi is participating in with Umm Al-Qura and King Saud universities, Taher said the company has taken on the responsibility as an industry leader to support the Saudi government to develop local talent. 

“We are doing what we can to equip students with the most advanced program to become professional opticians,” he explained. “We will continue to elevate the industry standards in Saudi with the most advanced technologies.” 

Talking of the key highlights of these training programs, Abdelazem ElGarawany, Saudi market vice president, Magrabi Retail Group, told Arab News: “These programs are focusing on technical information and knowledge which is the core of the optical field in addition to soft skills and marketing customized to fit the specialized medical field.”

With regard to the thought process behind partnering with the two universities ElGarawany said: “Umm Al-Qura and King Saud universities are two of the top universities in the region, and the objective was to have solid and long-term partnerships with entities that can provide a huge value to the industry alongside our expertise in the optical field.

“We depend on scientific research about the market need and what is the required know-how for this specialized industry which led us to partnering with King Saud and Umm Al-Qura universities.”

He further explained that this partnership “will provide the perfect start to establish the right foundation to the programs.”

While Magrabi’s long-term partnership with Umm Al-Qura University seeks to provide training facilities including venues, a laboratory, tools and machines for the execution of the program in Riyadh, the tie up with King Saud University aims to provide missing tools and machines for the laboratory.

The program in Umm Al-Qura University started on March 4, and it was recommended that Magrabi has instructors for some subjects from its side to educate the students about its world-class standards and procedures.

The first batch of the program was dedicated only for Magrabi, and the Magrabi team was involved in the selection of students also.

We want to play a major partnership role with governmental agencies to promote the industry and get the best talent to be well trained and equipped.

Yasser Taher, Magrabi Retail Group CEO

For the western region, the priority was for Magrabi to select the first batch from the Makkah branch. 

Some programs will also be executed in the Eastern Province and Magrabi will be considered as a first partner there as well.

Moving forward, Magrabi will be signing a new agreement with the Umm Al-Qura University to also include the major cities like Jeddah, Makkah and Madinah in the western region and the Eastern Province and the capital city Riyadh

For its part, the university will support the direction of unifying the programs running currently to be the same duration, subjects and certifications.

With regard to the partnership with King Saud University, Magrabi will present the company’s values and culture and explain the benefits for endoscopic cyclophotocoagulation on Career Day.

The university, on the other hand, will provide Magrabi all data for the graduated students to be part of the Career Day and offer training for the last year in Magrabi stores and facilities as part of an internship program.

Starting from the next graduated batch, Magrabi will also have priority when it comes to being involved in the selection of students. 

HIGHLIGHT

While Magrabi’s long-term partnership with Umm Al-Qura University seeks to provide training facilities including venues, laboratory, tools and machines for the execution of the program in Riyadh, the tie up with King Saud University Provide aims to provide missing tools and machines for the laboratory.

What’s more, after getting necessary approvals from the university’s legal department, it was also agreed to name the laboratory after Magrabi.

“Magrabi provided the experience (to the universities) from the daily situations and offered the practical know-how and our experience in customer service and optical knowledge,” according to ElGarawany.

Nurturing local talent

Asked what Magrabi hopes to achieve from these training programs in the long term, Taher replied: “We want to play a major partnership role with governmental agencies to promote the industry and get the best talent to be well trained and equipped."

“We also want to provide a continuous pipeline of Saudi opticians to support the growth of the industry,” he continued. 

ElGarawany added: “Once the Saudization decision was issued by the Ministry of Human Resources, we felt it was our responsibility to be part of this vision and to lead the development of this program as an industry leader.”

Taher is clear with regard to the vision Magrabi has for students who have enrolled into these training programs. “We provide an amazing learning experience combining curriculum education with practical experience in our stores — both the Magrabi and Doctor M banners — during the entire program,” he said.

“In addition, we offer employment opportunities after the completion of the program and create a career journey for the students.

“Our plan promises career opportunities to all graduated students with a clear career path inside the Magrabi organization in addition to empowering all certified opticians to take a leadership role in all sections and departments inside the organization,” added ElGarawany.

After taking over as the CEO earlier this year, Taher told Arab News he was very excited about transforming this family business to become a world-class business group. 

“It’s a very progressive business that wants a place for itself on a global platform and is not just about finances and numbers,” he had said.

For Taher and his team, it is not just about growing the business and expanding the company’s footprint, but also about taking social impact programs to develop local talent that will establish Magrabi as a business group that the region — and the world — looks up to.


Saudi Arabia, UAE have world’s most ambitious decarbonization programs: WEF panel

Updated 7 sec ago
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Saudi Arabia, UAE have world’s most ambitious decarbonization programs: WEF panel

  • “Solving sustainability problems requires technology and China has contributed greatly by increasing technical progress and making the cheapest energy available to the world”

DUBAI: A panel of ministers and experts gathered at the World Economic Forum in Riyadh on Sunday to discuss the road map for tripling renewables by 2030.

The UAE’s Minister of Energy and Infrastructure Suhail Mohamed Al-Mazrouei said his country’s goal would not only be reached but possibly exceeded by 2030.

“The UAE has been offering solar power to aid the world in reaching the goal of tripling renewables,” he said. “We have very few years until 2030, we need to work alongside and encourage countries to make the achievement by then.”

Li Zhenguo, president of Longi Green Energy Technology, said the Chinese government had been at the forefront of efforts to develop renewables.

“In 2023, China installed 216 solar power plants, which is more than 50 percent of the global capability,” he said.

“Solving sustainability problems requires technology and China has contributed greatly by increasing technical progress and making the cheapest energy available to the world.”

Marco Arcelli, CEO of Saudi-based ACWA Power, said he was surprised by the momentum in the region.

“Saudi and UAE have the most ambitious decarbs programs in the world. There is a speed and dimension you don’t see much elsewhere,” he said.

“There is leadership with a vision, there is cheap energy available and I believe you will start seeing greenshoring in the Kingdom by 2030. Lots of upcoming projects in the country, be it NEOM or others, will be solar driven and using renewable energy.”

Kuwait’s Minister of Electricity, Water and Renewable Energy Salem Alhajraf said there was a need to increase global production capacity.

“Innovative financing is key,” he said. “We need to move from small giga-sized projects to deploying renewables. Cities or towns with small populations can possibly have all their needs met by solar power.”

Stephanie Jamison, global Resources Industry Practices chair at Accenture, said her company had been developing guidelines for community engagement and nature transition.

“By conducting surveys and interviewing various CEOs, it has become clear that companies understand the impact they are making on nature. And so, partnerships between companies and proactive partnerships between companies and the community is one way to tackle challenges.”


Saudi energy minister, EU official discuss cooperation on clean energy

Updated 28 April 2024
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Saudi energy minister, EU official discuss cooperation on clean energy

RIYADH: Saudi Energy Minister Prince Abdulaziz bin Salman on Sunday held talks with EU Energy Commissioner Kadri Simson to discuss prospects for cooperation in the field of clean energy.

The top officials met on the sidelines of the World Economic Forum in the Saudi capital, the Saudi Press Agency reported. They discussed ways to strengthen bilateral ties, boost cooperation for the promotion of green energy and advance the goals of the Paris Agreement and ensure the implementation of the outcomes of the COP28 held in Dubai last year.

The Paris Agreement is an international treaty on climate change that was adopted back in 2015. It was negotiated by 196 parties at COP21 in France and covers climate change mitigation, adaptation, and finance.

They reaffirmed the common goals of Saudi Arabia and the EU and the determination of both parties to accelerate private investment in the renewable energy sector, cooperate on electricity interconnection and the integration of renewables into the electricity grid.

The officials stressed the need to strength the electricity supply infrastructure through demand side management smart grid. They also discussed carbon capture, utilization and storage technology and opportunities for industrial partnerships in those sectors.

They also shared their view on building on the UNFCCC, the Paris Agreement and COP28 outcomes. The officials also discussed a Saudi-EU memorandum of understanding to boost cooperation in the energy sector.

According to SPA report, they were of the view that such an MoU should provide a solid and mutually beneficial basis for orienting and anchoring investment decisions in the energy and clean tech sectors, involve and mobilize stakeholders from the public, private and financial sectors, and lay the foundation for a more sustainable and secure energy future.

The European Commission and Saudi Arabia aim to conclude the MoU in the next few months.

 


Saudi Arabia to host 28th World Investment Conference in Riyadh

Updated 28 April 2024
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Saudi Arabia to host 28th World Investment Conference in Riyadh

RIYADH: Saudi Arabia is on track to host the 28th World Association of Investment Promotion Agencies’ World Investment Conference from Nov. 25 to 27 in Riyadh.

The forum themed “Future-ready IPAs: Navigating digital disruption and sustainable growth,” will bring together leaders from investment promotion agencies, corporates, multilateral institutions, and other stakeholders to discuss global financial trends and opportunities, according to a statement. 

The Kingdom’s selection as a host underscores its position as an international funding hub, according to Saudi Investment Minister Khalid Al-Falih. 

“We are honored to be welcoming the global investment community to Saudi Arabia. Our strategic location at the crossroads of three continents, coupled with our world-class investment ecosystem and long-term political and economic stability, has seen the Kingdom develop into a global investment hub,” Al-Falih said.

“The World Investment Conference will serve as a platform to showcase our nation’s potential and forge partnerships that will shape the global investment landscape for years to come,” the minister added. 

On WAIPA’s behalf, Executive Director and CEO Ismail Ersahin said: “WAIPA is honored that the 28th WAIPA World Investment Conference will be held in Riyadh, a city with a rich history and culture.”

Ersahin added: “With each edition, the WIC reaffirms its status as a guiding force for sustainable and inclusive development.” 

He went on to stress how the conference is poised to be an impactful gathering aimed at the future readiness of IPAs. 

Since 1995, the annual gathering has provided a forum for stakeholders to exchange insights and best practices and forge partnerships that drive economic development globally.  


Human capital a ‘key challenge’ for Kingdom’s tourism sector, says Saudi minister

Updated 28 April 2024
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Human capital a ‘key challenge’ for Kingdom’s tourism sector, says Saudi minister

  • Saudi Arabia's tourism sector is 'heading to achieve $80 billion this year' in private investment, Al-Khateeb told a WEF panel

LONDON: Developing human capital is a key challenge for Saudi Arabia’s travel sector, the country’s tourism minister has said on Sunday.

Ahmed Al-Khateeb, speaking during a two-day meeting of the World Economic Forum in Riyadh, discussed the Kingdom’s burgeoning tourism industry, which has boomed over the past half-decade.

To address the human capital challenge, the Saudi leadership has encouraged young people across the Kingdom “to join the sector,” he said.

“We are spending a lot to train (young Saudi talents) and scale them, and involve them in the sector,” he told the “Vacationomics” panel discussion, adding that hiring local experts is essential for delivering better tourism experiences.

“You get the best experience and you know more about other people’s culture and other nations’ cultures when you deal and interact with locals,” he said. “We want to make sure that our guests are served by local people.”

Saudi Arabia has delivered “strong growth in Q1 this year, and we are moving to deliver our 2030 numbers,” the minister said.

The Kingdom’s tourism sector “has come a long way” since the launch of the National Tourism Strategy as part of efforts to diversify the economy, Al-Khateeb said, adding that the industry is “heading to achieve $80 billion this year” in private investment.

Last year, Saudi Arabia attracted about $66 billion in private investment into tourism.

“We doubled the number of visitors coming from outside — 100 million in total … 77 million domestic (and) 27 million international,” he said. “This is double the number that we achieved before we launched our National Tourism Strategy.

“We have the funding. We have a great country. We have everything that the international tourists would like to see and experience.”

Jerry Inzerillo, chief of the Diriyah Gate Development Authority, told the panel: “What the Gulf and its leadership will do in the next 10 years is going to be breathtaking to allow people to come from all over the world.”

With “so much to do in the region,” Inzerillo said he believed the “warmth and hospitality” of the Saudi people is serving as a strong selling point for tourism in the Kingdom.

Though the traditional Gulf tourism market in Saudi Arabia is well developed, European tourism is “now activating” through new business with the Kingdom, he added.

“And as we sign more and more airline deals and… (the) Ministry of Tourism has done a brilliant job in getting bilaterals, you’ll see those numbers grow very exponentially.”

Other panelists included Abdulla Bin Touq Al-Marri, UAE minister of economy; Thiago Alonso de Oliveira, CEO of JHSF Participacoes; and Aireen Omar, president and CEO of RedBeat Capital.


Saudi Green Building Forum set to obtain UNCCD’s permanent observer status 

Updated 28 April 2024
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Saudi Green Building Forum set to obtain UNCCD’s permanent observer status 

RIYADH: The Saudi Green Building Forum is set to obtain permanent observer status following the submission of a formal request to the UN Convention to Combat Desertification. 

Pending a final decision during the 16th session of the Conference of the Parties to be held from Dec. 2-13 in Riyadh, this move underscores the forum’s efforts to enhance its role in sustainable development and combat desertification. 

The forum, which has already been temporarily accredited, is involved in the proceedings based on the provisions of paragraph seven of article 22 of the convention and articles six and seven of the internal regulations of the COP, according to a press release. 

This initiative is part of a broader strategy to integrate scientific and community-based approaches to environmental management. 

Commenting on the development, Faisal Al-Fadl, secretary-general of the Saudi Green Building Forum, said: “We are pleased with the official notification from the UN Secretariat of the receipt of the required documents after a thorough review of the documents submitted for the accreditation of the forum as the first Saudi institution specialized in preparation for obtaining observer status for the Conference of the Parties to the UN Convention to Combat Desertification,” he stated. 

“The efforts of local communities play a significant role in enhancing the sustainable development goals for people, plants, and prosperity through advocating for human experiences based on scientific rules and community health and well-being for healthy, fair, and resilient communities and cities, sufficient consumption and production, climate action in removing harmful carbon, and reducing the temperature to 1.5 degrees Celsius, addressing desertification, and managing natural resources and water,” he added. 

The UN Secretariat confirmed the receipt of all necessary documents for the forum’s accreditation as an observer, encouraging further participation in the convention’s activities. 

“After a thorough review of the documents submitted by your institution, we encourage you to continue participating in the implementation of the UN Convention to Combat Desertification and keep the secretariat informed of the activities,” the letter stated. 

The Saudi Green Building Forum’s potential new status as a permanent observer at the UN Convention will enable it to contribute more effectively to global efforts against desertification, leveraging cooperation between developed and developing nations, particularly in sustainable land management and environmental restoration.