www.bahrainthismonth.com business bites July 2021 45 Zain Bahrain, a telecommunications operator in Bahrain, announced the establishment of a new function titled Sustainability & Inclusivity, taking a step further to reinforce the culture of inclusion and sustainable business. Zain Bahrain also announced the appointment of Ms. Fatema Haider as Manager of the Sustainability & Inclusivity function The expansion of Zain Bahrain’s Sustainability efforts aligns with the company’s commitment to help achieve the United Nations’ Sustainable Development Goals (SDGs), particularly SDG 5 – Gender Equality. Zain Bahrain also focused on SDG 11 for Sustainable Cities and Communities and SDG 12 for Responsible Consumption and Production. They have rendered support to various differently-abled individuals in the community and are also committed to addressing the various risks and opportunities related to climate change, participating in activities such as e-waste to responsibly recycle electronic waste. With the addition of the new function, Zain Bahrain continues to embrace a culture where men and women are treated equally at the workplace and creates empowering initiatives for all segments in the community to develop and grow. EXPANDING SUSTAINABILITY EFFORTS Diyar Al Muharraq, one of the largest real estate companies in the Kingdom of Bahrain, has announced the signing of a Memorandum of Understanding (MoU) with Al Salam Bank to provide exclusive financing offers to buyers interested in purchasing property in any of the masterplan’s projects, extending to citizens as well as expatriates looking to invest in freehold projects. The agreement was signed by the Deputy CEO of Business at Al Salam Bank, Anwar Murad, and CEO of Diyar Al Muharraq, Eng. Ahmed Ali Alammadi, in the presence of Chairman of the Executive Committee of Diyar Al Muharraq, Dr. Maher Al Shaer, and a number of managers from both parties. The MoU outlines the provision of special financing offers from Al Salam Bank on all projects within the Diyar Al Muharraq masterplan, with special emphasis on the Mozoon residential plots project. This partnership comes as part of Diyar Al Muharraq’s ongoing commitment to provide housing solutions to all customer segments, to support their investment goals, whether residential or commercial. Citi Bahrain announced its sponsorship of the Currencies and Securities Trading Room at the University of Bahrain’s College of Business Administration. Through the facility, students can access and use professional trading software such as Thomson Reuters, gather information and interpret it quickly. The Currencies and Securities Trading Room will be incorporated into the Financial Markets and Institutions course (FIN221) which covers the fundamental principles of financial markets and institutions and includes topics such as valuation of financial assets and the characteristics of financial instruments in money and capital markets. “Citi is proud to sponsor this project that will help increase more than 750 students’ educational flexibility in adapting to future changes and prepares them for the job market. We have worked with the University of Bahrain in the past through a USD200 thousand grant that supported 53 students and we continue to search for ways to help the young generation and contribute to their future success,” said Citi Bahrain CEO, Michel Sawaya. The Currencies and Securities Trading Room lets the students translate learned theory into practical application within an educational environment. IN THE BEST INTEREST OF CITIZENS INVESTING IN THE FUTURE
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