SABIC sponsors Ajwah Dates Forum in Madinah

The event was held under the auspices of Madinah Gov. Prince Faisal bin Salman.
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Updated 12 December 2019

SABIC sponsors Ajwah Dates Forum in Madinah

SABIC sponsored the first Ajwah Dates Forum held in Madinah on Dec. 1 to 4 under the auspices of Madinah Gov. Prince Faisal bin Salman. The event was held in collaboration with Namaa Al-Madinah and the Al-Madinah Dates Cooperative Association.
SABIC presented its variety of palm-related solutions at the forum, including products, programs, and farmer field schools for farmers and the industry in Saudi Arabia. It aimed to further its reputation as a global agri-nutrients producer with capabilities to offer high-quality solutions to customers. It has developed a range of innovative products with in-house competencies, such as NPK 16-8-16+15S, to provide advanced farming solutions.
Prince Faisal honored SABIC for its sponsorship with a plaque, received by Awwad Al-Ahmedi, director, economics and business performance, Agri-Nutrients.
In his speech, Al-Ahmedi said the company’s collaboration with the agriculture industry plays a key role in improving the abilities of local farmhands, specifically in dates cultivation.
He pointed out to SABIC’s field training programs, which, he said, are some of the most effective methods to share knowledge and experiences with local farmers. This is helping in the production of healthy and eco-friendly products, while promoting sustainable development, he added.
SABIC has been a key supporter of Saudi Arabia’s agriculture industry, particularly dates cultivation. It supports the “Palm Tree of the Homeland” initiative (Nakhlat Watan) to help farmers grow date palms through sustainable and innovative agriculture methods, boost Saudi Arabia’s ambition of becoming the world’s top dates exporter, and enable Saudi Vision 2030.


UAE’s Al-Hamra announces
relief package for partners

Updated 02 April 2020

UAE’s Al-Hamra announces
relief package for partners

Al-Hamra, a real estate developer, services provider and investment company in the northern emirates, has created an economic relief package, which includes several initiatives to help ease the financial burden of its mall tenants, freehold owners, residents and customers, impacted by the COVID-19 outbreak.

The announcement is in line with the UAE government and Ras Al-Khaimah’s objectives to support the economic environment and boost financial stability. The initiatives include up to three months of rental relief, reduction in cooling consumption charges, deferral of fees, waiver of payment delay penalties and payment due date extensions.

Dedicated teams have been deployed to assess specific requirements of various businesses and individuals to provide economic relief and support. The tasked force is also reassessing cost-effectiveness of operations in order to pass on the benefit to the end users and customers.

HIGHLIGHT

The initiatives include up to three months of rental relief, reduction in cooling consumption charges, deferral of fees, waiver of payment delay penalties and payment due date extensions.

Benoy Kurien, group CEO of Al-Hamra, said: “We have been proud partners in shaping the real estate landscape of Ras Al-Khaimah and this pride comes with a responsibility to the emirate as well as to our partners and consumers who have contributed to our success. This pandemic is reshaping the way we think about community and has made one thing strikingly clear: Our interdependence. We are working closely with our stakeholders to ensure that we recover from this period together, stronger and more resilient.

“We understand the predicament faced by all and the impact of the coronavirus outbreak on our economy. During these unprecedented times, we are more committed than ever to stand firmly by our valued partners and customers. Our initiatives aim to support business continuity by offsetting some of the impact, and to promote the welfare of the community. Our dedicated teams will reach out to our partners in the following days to understand and discuss their requirements and implement effective measures. We will continue to support the government, our customers and partners in all ways possible to overcome this challenging situation together.”

Al-Hamra has diversified interests in retail, residential and hospitality in Ras Al-Khaimah and owns iconic assets such as the award-winning master planned community of Al-Hamra Village, Waldorf Astoria Ras Al-Khaimah, Ritz Carlton Al-Hamra Beach, Manar and Al-Hamra Malls. The group is focused on providing premier lifestyle real estate developments, while investing in hospitality and leisure segments.