Author: Business Enquirer
When it comes to credentials in the gold industry, look no further than Sheikh Sulaiman bin Saleh Al-Othaim, CEO of Saudi Gold Refinery. The son of Sheikh Saleh bin Ali Al Othaim, Sulaiman was raised as part of the Othaim Jewelry empire, with Sulaiman achieving his qualifications from the Gemological Institute of America. The CEO has worked in the mining industry for 32 years. Starting as a jewellery retailer, the business moved into gold manufacturing, and then established itself as a gold refinery. Now, the business has control of the quality of its entire gold supply chain. “As a gold…
At the close of Q3 2023, the World Bank highlighted that the Republic of Congo’s GDP was forecast to grow at a rate of 3.2% in 2023, rising to 3.5% on average in 2024-2025. This was, in part, credited to the country’s oil industry, which accounts for around half of the country’s GDP, as well 80% of its exports. Supporting the country’s growth in the oil sector is the The Société Nationale des Pétroles du Congo (SNPC), the national oil company, which has six subsidiaries throughout the oil industry chain (SONAREP, ILOGS, SFP, SNPC Trading, CORAF, and SNPC D). In…
At the 2021 COP26 climate summit, India’s Prime Minister laid out his country’s plans for an additional 500 GW of renewable energy capacity by 2030. Solidifying its position as a leader in renewable energy, in 2022 India produced 163 gigawatts of installed renewable energy capacity, making it the fourth-leading nation in renewable power capacity worldwide. Supporting the country’s renewable energy growth is award-winning pioneer of wind energy, Suzlon. Boasting nearly 30 years in the renewable energy space, Suzlon has been recognised internationally, receiving awards such as the Economic Times ‘Energy Company of the Year 2023’. The recognition highlights Suzlon’s significant…
In 2023, Qatar announced record-breaking tourism statistics, achieving the highest arrivals in the country’s history for Q1. 1.163 million visitors were recorded to the 15th March 2023, which is a staggering 268% increase on the same time period in 2022. Of those arrivals recorded in the first quarter, the majority (45%) travelled by plane, a statistic which Hamad International Airport isn’t seeing slowing down as we enter the holiday season. The capital’s airport, recognised as one of the busiest airports in the world, has continued to build on its consistent growth, reporting a substantial 26.84% increase in passenger traffic in…
Although Ascent Aviation Services has been in operation for half a century, Chief Commercial Officer, Scott Butler, details that the business entered its ‘modern era’ just seven years ago in 2016. With two growing facilities in Arizona, USA and another in New Mexico, USA the maintenance, repair, and overhaul (MRO) service provider plays a vital role in keeping aeroplanes in peak flying condition. Focussed on being a one-stop-shop for aircraft owners, operators, and lessors, the full-service heavy maintenance supplier engages in a full breadth of activities valued by its customers. Amongst its services, Ascent Aviation Services can offer:full airframe heavy…
“Arnold Schwarzenegger once said: You can call me what you want, but don’t ever, ever call me a self-made man,” said Nicolai Descovich, “and that is something I believe is true in leadership, you aren’t anything without your team”. Nicolai Descovich is an experienced business leader with over 20 years in the tech and IT space. With a broad-spectrum CV, he cites courage, perseverance, and the ability to manage multi-faceted responsibilities with a special affinity for people and numbers as some of his most vital leadership skills. Austrian-born Nicolai has held many leadership positions throughout his career, which were crucial…
2021 was a pivotal year for Zijin Mining Group (Zijin), in which it outlined its plans to become a green, high-tech, first-class international mining group. In the same year, Zijin’s wholly owned subsidiary, Nkwe Platinum Limited (Nkwe Platinum or ‘Nkwe’), launched the South African-based Zijin Garatau Platinum mine. The acquisition of Nkwe Platinum, was Zijin’s first foray into platinum exploration and development, and helped to herald Zijin’s steps into tackling the UN’s SDGs and the Global Compact, and the World Gold Council’s Responsible Mining Principles (RGMPs). In just three decades, Zijin has established itself in business, ranking 373 in the…
Throughout the ‘80s and ‘90s the cheeky adverts from the Yellow Pages became an icon of British pop culture. From the “French Polishers” rescuing the “hangover from hell”, to the ingenuity of a little boy using the thick yellow advertising book to steal a kiss under the mistletoe, most people over the age of 30 will have a favourite. Despite the Yellow Pages ceasing its print arm in 2019 after a 51-year run, young people too can now experience the magic that the business, now known as Yell, can bring. In a recent joint initiative with Selfridges, another brand synonymous…
As the fourth largest population in the Arab world, Saudi Arabia reported a population of over 32 million in 2022. Of those, around 50% are under 25, making it one of the youngest populations in the world. What’s more, its population is continuing to rise year on year. It is therefore integral for the nation to ensure food security for the future, which has been outlined in the Kingdom’s Vision 2030. Within its vision, the Saudi government has outlined that it will: “continue to build safe and sufficient strategic food reserves, to better guard against emergencies. Aquaculture will be promoted,…
One of the largest copper mines in the world, Collahuasi, found in Northern Chile, is taking significant steps in nourishing the future of the local community in which it operates. Compañía Minera Doña Inés de Collahuasi (Collahuasi) SCM initiative, ‘Let’s take care of Tarapacá’, is a reflection of its 25 year commitment to the region and its people. The initiative runs programmes in education, productive development, culture and heritage, environment, and health, aimed at contributing to improving quality of life and opening new opportunities for the residents of Tarapacá. Of its initiatives, Tarapacá Smile (Tarapacá Sonríe), works to improve the…