Business Enquirer Magazine | Issue 125 | May 2024

THE TOP 10 GLOBAL CTOs SHAPING THE TECH WORLD

FORMULA1

JINDAL

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A modern network must be able to respond easily, quickly and flexibly to the growing needs of today’s digital business. Must provide visibility & control of applications, users and devices on and off the network and Intelligently direct traffic across the WAN. Be scalable and automate the process to provide new innovative services. Support IoT devices and utilize state-of-the-art technologies such as real-time analytics, ML and AI. And all these must be provided with maximum security and minimum cost.

This is the power that brings the integration of two cloud managed platforms, Cisco Meraki and Cisco Umbrella. This integration is binding together the best of breed in cloud-managed networking and Security. cisco.com

Jamie Waite

Group CEO, Be Media jamie.waite@busenq.com

Jason Westgate Chief Commercial Officer jason.westgate@busenq.com

Bryonie Knowles

Project Director b.knowles@busenq.com

Lisa Maxwell

Project Director lisa.maxwell@busenq.com

Gary Smith

Senior Project Director gary.smith@busenq.com

Jess Collins

Project Director jess.collins@busenq.com

Kelly Darling

Project Director kelly.darling@busenq.com

Adel Mhiri

Project Director adel.m@busenq.com

Paris Cressy

Branding & Marketing Executive paris.cressy@busenq.com

FINANCE

Claire Dunn Global Credit Controller claire.dunn@busenq.com

Bethany Waite Credit Controller bethany.waite@busenq.com

Tanya Rudd Head of Finance tanya.rudd@busenq.com

Kim Pearson Global Head of Accounts kim.pearson@busenq.com

DATA ANALYSIS

Kumar Nil-Khan Senior Data Strategy kumar.nilkhan@busenq.com

Simon Ferrening Production Manager Commercial Performance Analysis

SOCIAL MEDIA TEAM

Anita Terrell

Social Media Manager anita.terrell@busenq.com

Lee Dixon Social Media Manager lee.dixon@busenq.com

HR

Susan Tumelty

HR Partnered Company info@hrdept.co.uk

LEGAL

Chloe Bird Birketts LLP Norwich

Laura Watling Editor in Chief laura.watling@busenq.com EDITORIAL

Carol Gibson Lead Editor carol.gibson@busenq.com

Rebecca Matthews Senior Journalist rebecca.matthews@busenq.com

PRODUCTION

Roisin Reynolds Head of Production roisin.reynolds@busenq.com

Cheraleigh Van Zanten Production Manager cheraleigh.vanzanten@busenq.com

Jamie Bolton Head of Design jamie.bolton@busenq.com

Shah Abbas Head of Video & Content Creation shah.abbas@busenq.com

DESIGN WEBSITE

Matt Hardwick Online Website Manager matt.hardwick@busenq.com

PHOTOGRAPHY

Didie Nturo Lead Photographer didie.nturo@busenq.com

A WORD FROM OUR TEAM

Welcome to the May 2024 edition of Business Enquirer - Issue 125.

In this issue, we're thrilled to spotlight Jindal Shadeed, showcasing their pioneering initiatives and significant impact in the industrial sector. Recently investing $1.2 billion into its production facility to increase capacity, as well as the acquisition of Sohar Steel, Jindal Shadeed Iron and Steel (JSIS) is within the top three steel producers in the GCC, producing 3.2 million tonnes of steel per annum.

Additionally, we delve into the world of water supply with an indepth feature on Desalcott, the Desalination Company of Trinidad and Tobago. Learn how Desalcott supplies an impressive 48 million US gallons of desalinated water per day, supporting the Water and Sewerage Authority (WASA). With a production history totaling 296 billion US gallons since its launch in 1999, Desalcott is poised to achieve a milestone of 300 billion gallons by June 2024, potentially setting a world record for reverse osmosis desalination. This achievement coincides with Desalcott's 25th anniversary and underscores its vital role in providing up to 25% of the nation's water supply, ensuring essential water resources for Trinidad and Tobago's population.

Moreover, we're excited to announce the unveiling of our exclusive feature on the Top 10 Chief Technology Officers, where we recognise the visionaries shaping the future of technology across various industries. Dive into their stories and contributions as they lead their organizations toward digital transformation and technological excellence.

These highlights offer just a glimpse into the captivating narratives within this edition. Each article delves into the vision, ingenuity, and unwavering dedication propelling these enterprises and individuals toward success, leaving an indelible mark on their respective fields.

We trust that these stories will captivate and inspire you as much as they have us in curating them for your enjoyment.

If you have a business story you wish to share in 2023, please contact our Head of Production via production@busenq.com

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Laura Watling Editor in Chief

Jamie Bolton Head of Design

The editor and publishers do not guarantee the accuracy of statements made by contributers or advertisers, or accept responsibilty for any statement they express in this publication. The opinion of the contributors may not necessarily be the opinion of the editor or publishers. All content including the presentation therof in this magazine is the property of BE Media and protected by internation al copyright laws. You may not copy, reproduce, distribute, transmit, modify, create derivitave works, or in any other way exploit any part of copyrighted material without prior written permission from BE Media ©BE Media

018 NEWS

5G AND THE FUTURE OF CONNECTIVITY

022 NEWS SECURING THE VAULTS: NAVIGATING CYBER RISKS IN THE DIGITAL BANKING ERA

030 JINDAL SHADEED LEADING OMANI PRODUCER FUTURE PROOFING THE STEEL INDUSTRY

026 THIS MONTH’S

CHIEF TECHNOLOGY OFFICERS

INTERNATIONAL HOTEL GROUP BUSINESS PARTNER UPDATES

008 IHG ONE REWARDS MOBILE APP TAKES HOME THREE ACCOLADES AT THIS YEAR’S WEBBY AWARDS

PARIS SAINT-GERMAIN

PARIS SAINT-GERMAIN WIN THEIR 12TH LIGUE 1 TITLE!

040 DIAMOND TRUST BANK ACHIEVING MORE: PROGRESSIVE FINTECH EMERGING FROM THE SILICON SAVANNAH

054 DESALCOTT THE TRINBAGONIAN ENTERPRISE FIGHTING THE WORLD’S WATER PROBLEM

062 ATLAS LEISURE HOMES SUSTAINABLE EVOLUTION: ATLAS LEISURE HOMES’ TRANSFORMATION

074 KAMOA COPPER EXPANSION TO SEE DRC COPPER COMPLEX BECOME THIRD LARGEST IN THE WORLD

IHG ONE REWARDS MOBILE APP TAKES HOME THREE ACCOLADES AT THIS YEAR’S WEBBY AWARDS

IHG Hotels & Resorts (IHG) announced today that its IHG One Rewards mobile app has won in three categories at the 28th Annual Webby Awards, taking home the People’s Choice Webby Award for Best User Experience and People’s Choice and Judge’s Selection for Best Travel App.

Hailed as the “Internet’s highest honor” by The New York Times, The Webby Awards, presented by the International Academy of Digital Arts and Sciences (IADAS), is the leading international awards organization honoring excellence on the Internet. IADAS, which nominates and selects The Webby Award Winners, is comprised of Internet industry experts.

The IHG One Rewards mobile app, which relaunched in 2022, has since redefined the travel experience with a greater emphasis on customer satisfaction. The app provides a redesigned mobile experience that unlocks access to IHG’s 19 brands, more than 6,300 hotels, and exclusive perks that are only offered to IHG One Rewards loyalty members. Using the app, guests can find the best rates, book a room in seconds, sort results easily to find the information they need, and manage their stays all in one place.

As IHG’s fastest-growing booking channel, the IHG One Rewards App is the main platform for loyalty engagement. With

the ability to inspire adventure, maximize loyalty earnings, and seamlessly integrate into the in-hotel experience, the app has received high ratings of 4.9 stars on the Apple store and 4.8 stars on the Android store.

“The IHG One Rewards App has set the standard for innovation and creativity on the Internet,” said Nick Borenstein, General Manager, The Webby Awards. “This award is a testament to the skill, ingenuity, and vision of its creators.”

“Receiving three Webby awards for our IHG One Rewards Mobile App is great affirmation for the impact we’re making within and beyond the hospitality

industry,” said Josh Weiss, Vice President, Guest Digital Products “It’s a testament to our commitment to creating a new digital frontier for the next generation of travelers, offering not just functionality but an exceptional user experience. These awards reflect the hard work and dedication of our team, and we are honored to be recognized in the categories of 2024 Apps & Software: Travel, 2024 People's Voice Apps & Software: Travel and 2024 People's Voice Apps & Software: Best User Experience.”

IHG will be honored at the 28th Annual Webby Awards in New York City on May 13, 2024.

www.ihgplc.com

PARTNER UPDATES

PARIS SAINT-GERMAIN THEIR 12TH LIGUE

With three matches left to go of the 2023-2024 Ligue 1 season, Paris Saint-Germain have been crowned French champions for the twelfth time. The Red & Blues have now won the 50th trophy in their history.

Unbeaten since September and in 26 matches in Ligue 1 since September 2023 (one match away from the Club's longest unbeaten run in the league), Paris Saint-Germain are now XX points clear of second-placed Monaco and can no longer be caught. On Matchday 31, Captain Marquinhos (who this year broke the record for the number of matches played in a Paris shirt) and his team-mates thus clinch the 12th French league title in the Club's history, following those of 1986, 1994, 2013, 2014, 2015, 2016, 2018, 2019, 2020, 2022 and 2023. With just one defeat in their first 30 matches, they've matched their achievements of 2013-2014 and 2015-2016.

Les Rouge & Bleu have helped the club reach the symbolic milestone of 50 trophies, 32 of which have been won since Qatar Sports Investments took over in 2011. Over that period, the Parisians have achieved the exceptional feat of finishing top of Ligue 1 on ten occasions.

It is the second title of the 2023-2024 season for France's most successful club, following the Trophée des Champions win over Toulouse (2-0) at the Parc des

SAINT-GERMAIN WIN LIGUE 1 TITLE!

Princes on 3rd January. Champions of France 2023-2024, Champions League semi-finalists (against Borussia Dortmund on 1st and 7th May) and Coupe de France finalists (against Olympique Lyonnais on 25th May), Luis Enrique's men are still in contention in all the competitions in which they were involved at the start of the season.

Nasser Al-Khelaïfi, President of Paris Saint-Germain:

“Winning the league is fantastic, but to win Ligue 1 for the 12th time makes it even more special for everyone connected to Paris Saint-Germain.

Congratulations to all the players, our coach Luis Enrique and his staff, Luis Campos and his sports department, and everyone at the Club. Since the very beginning of the season, the team has been so collective and united. I will also never forget the fans, who have been amazing whatever the result. We will treasure this moment together as a family. And also continue to work hard, match by match, until the last moment of the season.”

en.news.psg.fr

FORMULA TRANSFORMATION

FORMULA TRANSFORMATION

FORMULA TRANSFORMATION

In the high-octane world of Formula 1, a revolution quietly unfolds, propelled by the forces of digital transformation. It's a realm where the thunderous roar of engines and the electrifying scent of burning rubber are just the prelude to a far more nuanced spectacle—a cerebral contest dominated by data, artificial intelligence (AI), and analytics. This seismic shift, which would have been beyond the imagination of pioneers like Bruce McLaren, is reshaping the sport in profound ways.

Imagine the scene at the heart of modern Formula 1: teams awash in a deluge of data, with every race weekend churning out a staggering 1.5 terabytes of it. This isn't just any data; it's a meticulously compiled dossier from over 300 sensors peppered across each race car, cataloging an array of parameters from the essential to the extraordinarily nuanced. This digital ecosystem is the teams' oracle, informing every strategic nuance, every innovation, and every decision on the track.

The application of AI and machine learning in this milieu is nothing short of revolutionary. Take McLaren Racing, for instance, which employs these technologies to run upwards of 30 million race simulations. These aren't mere guesses; they're informed prognostications drawn from a diverse data palette including highperformance computing, wind tunnels, and computational fluid dynamics. This arsenal of simulations is indispensable, fine-tuning the car's design and race strategy with unparalleled precision.

But the story doesn't end with AI. The realm of analytics has evolved, transcending its traditional bounds to become a cornerstone of strategic decision-making. It's about leveraging predictive insights to gauge the reliability of car components under the duress of race conditions, making informed decisions about inventory management, and adjusting race strategies in real-time. McLaren's partnership with the Alteryx Analytics Automation Platform epitomizes this shift, illustrating how teams utilize analytics to stay ahead, piloting through the phases of design, build, and race with unmatched agility and insight.

Yet, navigating this digital odyssey is fraught with challenges. The specters of legacy systems, data silos, and the daunting volume and velocity of data loom large, demanding innovative solutions. The essence of this digital revolution is its ability to foster collaboration, boost data quality, and streamline operations, ultimately transforming the Formula 1 landscape.

As the sport advances in its digital journey, the role of data, AI, and analytics is set to reach new zeniths. These technologies are not mere enhancements to car performance; they are pivotal in charting the future course of the sport. They empower teams to navigate the intricacies of modern racing, from adhering to budget constraints to meeting evolving regulatory and sustainability standards.

The digital transformation within Formula 1 symbolizes a harmonious blend of technology and sport, a testament to the unyielding pursuit of excellence and the spirit of innovation that define motorsport.

As teams harness the colossal power of data, AI, and analytics, they're not just pushing the boundaries of what's possible on the track; they're establishing new paradigms for performance, innovation, and resilience in the highstakes arena of Formula 1 racing. This journey not only honors the legacy of visionaries like Bruce McLaren but also lights the way to the future of the sport, guided by the beacon of digital innovation.

Moreover, this revolution extends its reach beyond the racetracks, influencing everything from fan engagement to sponsorship models. Teams and sponsors alike now leverage data analytics to craft more engaging, targeted marketing strategies, enhancing the spectator experience and opening new avenues for fan interaction. Social media and digital platforms offer unprecedented access to behind-the-scenes action, drawing fans closer to the heart of Formula 1, fostering a deeper connection with the sport.

Simultaneously, sustainability becomes a crucial focus, with data analytics playing a pivotal role in minimizing environmental impact. Teams use advanced simulations to develop more efficient aerodynamics and powertrains, reducing carbon footprints and leading the charge towards a greener future for motorsports.

This transformation is a collective effort, involving not just engineers and strategists but also drivers who now need to be as savvy with data interpretation as they are skilled behind the wheel. The driver's ability to understand and react to data-driven insights becomes a critical factor in the quest for victory, adding a new layer of complexity and excitement to the sport.

As Formula 1 continues to evolve under the influence of digital transformation, it stands as a shining example of how traditional sports can embrace technology to not only enhance performance and sustainability but also deepen fan engagement and open new commercial opportunities. The journey of digital transformation in Formula 1 is far from over; it is an ongoing saga of innovation, adaptation, and relentless pursuit of excellence that promises to keep fans on the edge of their seats for years to come.

www.formula1.com

The advent of 5G technology marks a pivotal moment in the telecommunications landscape, promising transformative changes across industries and everyday life. As we stand on the brink of this technological revolution, the future of 5G unfolds through a tapestry of innovation, challenges, and immense potential.

At the heart of 5G's future is its ability to provide unprecedented speeds and lower latency, a leap that will enable everything from real-time communication between autonomous vehicles to immersive augmented and virtual reality experiences. "5G will redefine connectivity, underpinning future innovations," says a spokesperson from Qualcomm, one of the leading companies driving 5G development. Qualcomm, alongside other key players such as Huawei, Ericsson, and Nokia, is at the forefront of developing the infrastructure that will make 5G ubiquitous.

Huawei, despite facing regulatory challenges in Western markets, continues to play a significant role in 5G's rollout globally. "Our commitment to 5G goes beyond technology. It's about building a fully connected, intelligent world," asserts a Huawei executive. This sentiment is echoed by competitors and collaborators alike, highlighting the collaborative and competitive nature of the 5G landscape.

In the United States, carriers like Verizon, AT&T, and T-Mobile are in a race to deploy 5G networks nationwide. Verizon's CEO has stated, "5G is more than just another tech innovation. It's the platform that will support an entire ecosystem of fully connected smart cities, industries, and homes." This vision of a connected future is not just limited to urban environments but extends to rural areas, where 5G is expected to bridge the digital divide.

CON----NEC----TIVITY

5G AND THE FUTURE OF CON----NEC----TIVITY

One of the critical challenges facing 5G is the dense infrastructure required for its rollout. Unlike its predecessors, 5G networks rely on a higher number of small cells placed in close proximity. This has spurred innovation in network technology, with companies like Samsung and Cisco leading the way in developing new networking equipment tailored for 5G.

Moreover, the future of 5G is intrinsically linked to the development of the Internet of Things (IoT). With more devices becoming connected, 5G's capacity to handle a vast number of simultaneous connections per square kilometer will be pivotal. "5G will serve as the backbone of the IoT revolution," states an industry analyst. This revolution extends beyond consumer devices to industrial IoT, with companies like Siemens and GE integrating 5G into their digital manufacturing solutions.

The integration of artificial intelligence (AI) with 5G networks is another area of significant potential. AI can optimize network traffic, predict maintenance needs, and secure networks against sophisticated cyber threats. "Combining AI with 5G is like giving the network a brain," explains an expert from Cisco. This symbiosis could lead to smarter cities, where traffic management systems adjust in real-time, or healthcare, where wearable devices provide continuous monitoring and predictive insights.

Looking ahead, the evolution of 5G will likely see the advent of 6G, which promises even greater speeds and capabilities, such as high-fidelity holograms and more sophisticated AI applications. As we look towards this horizon, companies like Google and Apple are already exploring how 5G can be leveraged in their products and services, from cloud gaming platforms to enhanced mobile experiences.

The future of 5G is not without its challenges, including spectrum availability, privacy concerns, and the environmental impact of deploying millions of new devices and infrastructure components. Nevertheless, the concerted effort of governments, corporations, and researchers is addressing these issues, aiming to realize the full potential of 5G in a responsible and sustainable manner.

In conclusion, the future of 5G extends far beyond faster download speeds and lower latency. It is about creating a fully connected world where technology serves humanity in ways previously imagined only in science fiction. As we advance, the collective vision, innovation, and collaboration of key companies and stakeholders will be crucial in shaping this future, promising a new era of connectivity that will redefine how we live, work, and interact with the world around us.

SECURING THE VAULTS: NAVIGATING CYBER RISKS IN THE DIGITAL BANKING ERA

In the current digital age, the banking industry finds itself on the frontline of a sophisticated cyber warfare, contending with a broad array of digital threats that challenge the very foundations of the global financial ecosystem. The shift towards digitalization, aimed at enhancing operational convenience and efficiency, has paradoxically increased the sector's exposure to cyber-attacks. These threats range from simple phishing schemes to advanced ransomware attacks,

endangering not just the financial assets but also the trust and credibility banks have spent decades building with their clients. This comprehensive analysis aims to unpack the complex landscape of cyber risks facing the banking industry, examine the wide-reaching consequences of these threats, and highlight the multifaceted strategies banks are implementing to protect themselves in this digital battleground.

Cyber risk in banking encompasses a wide spectrum of potential for loss or harm that emanates from vulnerabilities within the digital sphere. As these threats evolve in sophistication and frequency, they pose a significant and growing concern for financial institutions worldwide. The impact of cyber incidents on banks can

be devastating, with potential financial losses running into billions due to theft, fraud, or the need to suspend operations temporarily. However, the ramifications extend beyond mere monetary loss. Data breaches can expose sensitive personal and financial information of customers to unauthorized parties, leading to potential legal actions and a significant erosion of trust. This reputational damage can be far more enduring than the immediate financial impact, potentially altering customer perceptions permanently. Additionally, banks face regulatory penalties for failing to adequately protect customer data, further compounding their financial losses.

The threat landscape is constantly evolving as cybercriminals employ

more sophisticated methods to exploit vulnerabilities in banking systems. The rise of fintech and the proliferation of digital banking services, while beneficial in many ways, also open up new avenues for cybercriminals to launch their attacks. The global interconnectedness of the banking sector means that an attack on one institution can have ripple effects across borders, complicating the response and recovery efforts required to mitigate such threats.

In response to these daunting challenges, banks are significantly bolstering their cybersecurity defenses. Recognizing the cyber arms race, financial institutions are ramping up their investments in state-ofthe-art security technologies, including encryption, intrusion detection systems, and artificial intelligence-driven threat analysis tools. Ensuring compliance with stringent regulatory frameworks, such as the General Data Protection Regulation (GDPR) in Europe and the New York State Department of Financial Services (NYDFS) cyber regulations in the U.S., is another critical step banks are taking to uphold the highest standards of cybersecurity and data protection.

Human error often represents a significant vulnerability in the cybersecurity armor of banks, prompting the industry to invest heavily in employee training programs. These initiatives aim to elevate awareness of cyber threats among staff and promote safer practices. Collaboration also plays a vital role in the industry's defense strategy, with banks sharing threat intelligence and best practices not only with each other but also with government agencies. This collective approach significantly enhances the sector's ability to detect and respond to cyber threats more effectively.

The development and continuous refinement of incident response plans are crucial for banks to navigate the aftermath of cyber incidents successfully. Being prepared enables financial institutions to respond swiftly and effectively, minimizing the impact of attacks. This ongoing commitment to cybersecurity underscores the banking industry's

acknowledgment of the persistent and evolving nature of cyber risks. As banks navigate through their digital transformation journeys, the need for robust cybersecurity measures becomes increasingly imperative.

Despite these concerted efforts, the specter of cyber risk remains a perennial threat to the banking sector. The challenges posed by the digital age require banks to maintain a state of constant vigilance and adaptability, ensuring that their defenses evolve in tandem with the threat landscape. Through strategic investments in

CYBER SECURITY NEWS

technology, commitment to regulatory compliance, fostering a culture of cyber awareness among employees, and embracing a collaborative approach to threat intelligence, banks are fortifying their defenses against the cyber threats of today and tomorrow. This journey towards cyber resilience is continuous, demanding unwavering attention and flexibility to navigate the complexities of the digital world effectively.

In conclusion, as the banking industry advances into the digital future, it confronts an ever-changing array of cyber threats that demand a dynamic and

multifaceted response. The stakes are high, with financial stability, customer trust, and regulatory compliance hanging in the balance. By understanding the nature of these threats, assessing their potential impact, and implementing comprehensive strategies for mitigation, banks can not only protect themselves but also secure the trust and confidence of their customers. The path to cyber resilience is complex and challenging, but with continued vigilance and strategic foresight, the banking sector can navigate this digital era with confidence, ensuring the safety and security of the financial assets and personal data entrusted to them.

NAVIGATING THE FUTURE: THE TOP 10 GLOBAL CTOS SHAPING THE TECH WORLD

In an era where technology evolves at an unprecedented pace, the role of the Chief Technology Officer (CTO) has become increasingly vital across sectors. These visionary leaders are at the forefront of innovation, steering their companies through the complexities of digital transformation and technological advancement. Here, we celebrate the top 10 global CTOs who are not just shaping their companies but are also setting the direction for the future of technology.

MEGAN SMITH

DEMIS HASSABIS

Co-founder and CTO

DeepMind Technologies

A pioneering force in artificial intelligence, Hassabis has led DeepMind to achieve breakthroughs with significant implications for healthcare, energy, and more, fundamentally changing how businesses leverage AI.

Former CTO

United States of America

As the first female CTO of the U.S., Smith focused on technology policy, innovation, and inclusion. Her work spanned from improving tech access and education to fostering public-private partnerships for technological advancement.

KEVIN SCOTT

WERNER VOGELS

CTO

Amazon.com

Vogels is the architect behind Amazon’s colossal cloud infrastructure, AWS, which powers vast swaths of the internet. His vision for cloud computing has fundamentally altered how companies operate and scale globally.

CTO

Microsoft

Scott’s role in integrating AI into Microsoft’s products has been crucial. His leadership is guiding Microsoft through its next phase of innovation, especially in cloud computing and AI technologies.

PARAG AGRAWAL

CTO

Twitter (former)

Before becoming CEO, Agrawal’s technical leadership was instrumental in scaling Twitter’s infrastructure and algorithmic reach, enhancing the platform’s capability to handle massive real-time data and information dissemination.

GUIDO VAN ROSSUM

CTO

Microsoft (Python’s creator)

Although not a traditional CTO in his role, van Rossum’s influence as the creator of Python, one of the most popular programming languages, and his current position at Microsoft, places him at the heart of shaping future tech ecosystems.

MIKE SCHROEPFER

Former CTO

Facebook (Meta Platforms) Schroepfer played a key role in developing Facebook’s AI capabilities, virtual reality (VR), and expanding its infrastructure to support billions of users, thereby shaping the social media landscape.

FRANCESCA ROSSI

AI Ethics Global Leader

IBM

Rossi’s work in AI ethics is pioneering, ensuring that IBM’s AI technologies are developed and deployed responsibly. Her leadership is crucial in setting global standards for ethical AI development.

RAJAT MONGA

Co-creator of TensorFlow, Google

Monga’s contributions to TensorFlow, an open-source AI library, have democratized AI tools, enabling developers and researchers around the world to push the boundaries of machine learning applications.

LINDA A. HILL

CTO

Lockheed Martin

Hill’s leadership in developing advanced technology solutions for defense, aerospace, and security has kept Lockheed Martin at the forefront of innovation, securing a safer future.

These leaders exemplify the diverse challenges and opportunities present in today's technological landscape. Through their strategic foresight, technical prowess, and commitment to innovation, they are not just navigating the future; they are creating it.

The influence of these CTOs extends beyond their immediate technological achievements; they inspire a new generation of tech leaders, promote diversity and inclusion within the tech community, and advocate for ethical considerations in technology development. As the tech world continues to evolve, the vision and leadership of these top CTOs will undoubtedly play a crucial role in shaping our digital future.

LEADING OMANI PRODUCER FUTURE PROOFING THE STEEL INDUSTRY

JINDAL SHADEED

PROJECT

DIRECTED BY: ADEL MHIRI

ARTICLE WRITTEN BY: LAURA WATLING

A leading integrated steel producer in the Arabian Gulf, Jindal Shadeed Iron and Steel (JSIS) is a prominent privatelyowned steel producer located in Sohar, Oman. The steel major’s state-of-the-art port based facility has a capacity of 2.4 million tons, positioning it as a significant contributor to Oman’s rapidly evolving industrial landscape.

Through a total investment of over $1.6 billion into the facility towards Capacity expansion, backward integration and acquisition of Sohar Steel, JSIS is the largest steel producer in Oman and amongst the top three steel producers in the GCC, producing 3.2 million tonnes of low carbon intensity steel per annum.

The company’s integrated facility includes a Jetty, state-of –the-art DRI-NG-EAF-VD technology to produce Clean steel. In CY24, JSIS is commissioning three new facilities, a new Oxygen plant, Submerged Arc Furnace and the 6 million TPA Pellet which will make it one of the most

CEO Hersha Shetty

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Latest Mining Strategy Takes Business into the Future

With a presence in over 60 countries around the world, FLSmidth (FLS) is a full flowsheet technology and service supplier to the global mining industry.

Recently, the business has established its CORE’26 mining strategy designed to ensure the future of mining in a sustainably focused world.

“Our mining strategy provides a clear path to build on our core strengths to become an even stronger player in the mining market, improve our profitability, and ensure the best support to our customers,”shared Venkatesan Punniyamurthy, Head of Capital Sales for Sub-Saharan Africa, Middle East and South Asia.

CORE’26 focuses on four key pillars: sustainability, service, technology, and performance.

Whilst all pillars ultimately feed into becoming a more sustainable business within the mining sector, its sustainability focus area aims to build a better future for FLS’s employees, as well as wider society and the planet.

“We will achieve this by accelerating our MissionZero ambition and through achieving our ESG targets,” explained Venkatesan.

Amongst the measures FLS is implementing for itself and its customers is water management, something particularly crucial for the Middle East and Sub-Saharan Africa, where water scarcity is prevalent.

Amongst its innovative solutions, FLS coarseAIR™ and REFLUX™ Flotation Cell (RFC™) enable users to significantly reduce energy consumption, less footprint and more metal recoveries.

Meanwhile, FLS’s unique solution of dry and wet grinding combination in iron ore processing allows the customers in the Middle East to reduce large amounts of process water wastage.

With the Kingdom of Saudi Arabia establishing industries outside of oil and gas, Venkatesan sees fantastic opportunities for FLS within the region.

As part of FLS’s growth strategy, it will look to implement more sales and service resources in the area to support the burgeoning mining industry within the Middle East.

integrated steel plants in the region. It is the only mill in the GCC to have a Vacuum Degassing facility that enables the business to produce a wide range of steel grades.

Today, the company has cemented its status as a pioneer in sustainability within the global steel industry through its steadfast commitment to environmental stewardship and the fight against climate change. Committed to achieving Net Zero emissions by 2045, JSIS has demonstrated remarkable progress in reducing Greenhouse Gas emissions intensity (Scope 1 and 2). Originally aiming for a 12.1% reduction by 2024–25, JSIS exceeded expectations by achieving a remarkable 32% reduction in 2022. With a Product Carbon Footprint Intensity of 0.78 tons of CO2 per ton of steel (Scope 1 and 2 emissions), JSIS has not only met stringent European standards but has also become one of the few companies in the GCC region to achieve this milestone.

JSIS has garnered acclaim for its ecoconscious steelmaking practices, boasting a Midrex-designed natural gas-powered facility renowned for its exceptional gas and electrode efficiency, ranking among the global leaders in this regard. With its unique ‘Hotlink’ DRI plant, featuring the region’s tallest DRI tower standing at 145 meters, and a cutting-edge Danieli-equipped steelmaking plant, JSIS continues to earn recognition for its environmentally sustainable approach to steel production.

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n Steel melt shop refractories

n Steel casting fluxes for continuous casting

n Technical and design consulting services

Calderys is a leading global provider for industries operating in high temperature conditions, specializing in thermal protection for industrial equipment and providing a wide range of refractory products and advanced solutions. Drawing on over 150 years of experience, we support our customers in their energy transition.

Moreover, JSIS stands out for its adoption of innovative technologies such as integration of artificial intelligence in the EAF, and implementation of a robotic marking system for its finished products which enhances traceability in the quality management. These advancements underscore JSIS’s commitment to efficiency, quality, and environmental responsibility in the steel industry.

“Using DRI-NG-EAF technology enables us to transition to DRI- Green hydrogenEAF in the near future.” explained Harssha.

Being a port based plant with its own Jetty ensures seamless connectivity to the global markets. In addition to ground transport through the Muscat-–Dubai highway, and a dedicated 600-metre jetty, soon the port will also be connected to the UAE via rail which will make JSIS SOhar location a magnet for downstream units who can process primary steel to produce value added products.

JINDAL SHADEED MANUFACTURING

Achieving $1.57 billion in revenue in 2023, JSIS has seen year-on-year double-digit growth for the last 14 years.

Now, in line with the Sultanate of Oman Vision 2040, JSIS is partnering with the government towards building a resilient non-oil based economy. Currently contributing 1.7% of the country’s GDP (and 17% of Oman’s non-oil GDP), JSIS is taking strategic steps towards its goal of increasing this to 3%.

“Steel builds nations, and for Oman it’s a catalyst towards achieving Oman 2040 Vision,” shared Harssha.

Part of this development includes the expansion of its facilities to include an additional steel mill and a Flat rolling mill, with a target to produce Six million tonnes of steel per annum in Sohar.

Green Shoots

By adopting advanced technologies in its production processes and being on the forefront of Operational effeciencies JSIS produces some of the lowest carbon footprint steels, emitting less than 1.5 tonnes ( scope 1,2,3) of CO2 per tonne of steel. This is significantly lower — compared to the industry average, which emits 2.3 tonnes of CO2 per tonne of steel. We have recently launched Wire rods and Rounds with carbon footprint of less than 0.9 tonnes co2/tonne steel on primary clean steel grades. We are not waiting for 2030 to decarbonize, mother earth needs all of us to decarbonize NOW.

Creating a Globally Employable Youth

Inspiration from JSIS extends far beyond its production technologies, with the business being certified as a ‘Great Place to Work’ by Great Place to Work®.

A globally recognised accolade, which is based on feedback by employees, the award demonstrates JSIS’s commitment to nurturing a workplace culture that is both inspiring and rewarding for its employees.

Cultivating an environment of safety and wellbeing, JSIS has garnered respect for the business from its employees, with an increase in the engagement score from 77% (April 2023) to 82% (November 2023).

“This recognition reflects our collective effort in establishing a thriving ecosystem at JSIS, where employee well-being, trust, pride, and enjoyment are paramount,” shared Harssha.

Aligned with Oman Vision 2040, JSIS recognises the importance of people, both internally to the business and in the regions in which it works.

Prospering with the Nation

JSIS takes its role as a good corporate citizen seriously and has adopted a strategic approach to social sustainability. With a focus on youth and sports, the steel maker has made long-term investments in sports development centres across OMAN for football in association with Oman Football association. Also, JSIS is working on plans to build Youth Skills training centres to make globally competent professionals from the young and enthusiastic Local Omani youth pool. “About 64% of Oman’s population is under 29 years old, so we have a fantastic opportunity to develop Youth with nerves of steel,” said Harssha.

Steel and Youth builds Nations, and Jindal Shadeed is a key partner to the government in building Steel and Youth for a strong and a great nation. www.jindalshadeed.com

JINDAL SHADEED MANUFACTURING

CEO Hersha Shetty

ACHIEVING MORE: PROGRESSIVE FINTECH EMERGING FROM THE SILICON SAVANNAH

In the dynamic landscape of global finance, traditional banking institutions are facing an imperative to reinvent themselves. At the forefront of this transformation is Diamond Trust Bank (DTB), a leading financial institution in East Africa, which has embarked upon an ambitious growth strategy with the strategic aspiration to be a socio-economically relevant bank.

Incorporated in 1946, DTB is headquartered in Nairobi, Kenya and has operated in East Africa for over 75 years, with presence also in Tanzania, Uganda and Burundi. In 2022, the Bank rolled out its growth strategy anchored on 3 key pillars: increasing customer reach, sustainability excellence, and digital transformation.

DIAMOND TRUST BANK

PROJECT

DIRECTED BY: JAMIE WAITE

ARTICLE

WRITTEN BY: LAURA WATLING

Chief Operating Officer, Jamie Loden

DIAMOND TRUSTBANK

Supporting this growth is DTB’s Digital Transformation Strategy, guided by the vision to transform into a technology company with a banking license. Under the dynamic leadership of its Chief Operating Officer, Jamie Loden, the Bank established its digital factory, DTBX, in 2022, encompassing a fusion of its six key pillars: the development of digital applications, a digital banking platform, digital partnerships, data analytics & AI, and cloud computing; all of which are underpinned by people, working in harmony to create an ecosystem that thrives on innovation.

“With DTBX, we are embracing more agile ways of working and positioning DTB as the digital bank of choice, where our partners can achieve that X-factor product that will enable them to achieve X times growth,” explained Jamie.

A groundbreaking element of the Bank’s strategy is the introduction of Banking as a Service (BaaS) through its flagship API platform, Astra. This move has opened doors to dynamic collaborations with tech-enabled entities such as fintechs, edtechs and healthtechs, allowing them to leverage DTB’s expertise and infrastructure, and extend innovative financial solutions to their own customers.

“With Astra, we’re not just providing APIs, we are empowering fintechs to thrive by enabling them to provide financial solutions that cater to the unique needs of their customers. We are also shifting from a B2B model to B2B2C model,” shared James.

By becoming the bridge between banking and technology, DTB is accelerating the development of revolutionary fintech products and services, positioning themselves as an innovative hub that nurtures collaboration and propels tech-driven innovation. Currently, Astra has 150 tech-enabled companies in its pipeline, spanning financial services, education, and health services. “The network of businesses we’re partnering with highlights the depth and richness of the tech scene in East Africa,” highlighted Jamie.

Another proposition of DTBX is Infiniti Pay, an end-to-end SME solution with a focus on empowering small and mediumsized enterprises through automation of their business financial needs and providing access to a curated ecosystem that caters to their unique requirements.

“Infiniti Pay underscores our commitment to addressing the evolving needs of our customers, and our dedication to foster financial inclusion and drive economic growth,” added Jamie.

Putting the needs of customers first, DTBX will also launch a ‘Chama’ product, allowing members to contribute to a group savings initiative. A ‘chama’ is a popular term used to describe informal groups in Kenya, where people come together for a common purpose to save money or invest their funds.

“This product has been built specifically around culture, with people in Kenya keen to work collaboratively to build for the future,” said Jamie.

To achieve their transformative goals, DTB is investing not only in technology but also in its most valuable asset – its people. By attracting top talent and providing training and upskilling opportunities to their existing staff, the bank is cultivating a workforce equipped with the skills to navigate the ever-changing landscape of technology-driven banking.

“We recognise that human capital is the key to the success of this evolution, and with the growth of digitisation and fintech, we have a fantastic opportunity to upskill people in Kenya for the future. Our new digital team will undergo an educational programme equipping them with skills in cloud computing and software engineering, for example,” explained Jamie.

This will support the development of new products designed to support the agriculture and education sectors. “There are some unique needs for businesses in these sectors in Africa, and they are hugely important to each country’s national economy,” Jamie continued.

DIAMOND TRUSTBANK

Atlantic Signs

Atlantic Signs is a distinguished company hailing from the vibrant landscapes of Kenya, and it proudly boasts its unparalleled dominance in both the outdoor and indoor signage and display advertising realms. Since its inception, Atlantic Signs has stood as a beacon of excellence, offering a comprehensive array of products and services tailored to meet the diverse needs of its clientele.

Nestled within the heart of Kenya, Atlantic Signs has carved out a niche for itself as the go-to destination for all signage requirements. Be it the towering architectural marvels or the humble roadways, Atlantic Signs leaves its indelible mark through its innovative and visually captivating signage solutions. With an unwavering commitment to quality and customer satisfaction, Atlantic Signs has become synonymous with reliability and trustworthiness in the industry.

One of the hallmark features of Atlantic Signs is its exhaustive product range, which spans across various categories within the signage domain. From majestic architectural signs that adorn the facades of buildings to the utilitarian traffic and road signs engineered with reflective materials for enhanced visibility, Atlantic Signs leaves no stone unturned in catering to the diverse needs of its discerning clientele.

At the core of Atlantic Signs’ operations lies a steadfast dedication to understanding and fulfilling the unique requirements of each client. With a keen ear to the ground and a finger on the pulse of industry trends, Atlantic

Signs prides itself on its ability to deliver bespoke signage solutions that seamlessly align with the vision and objectives of its clients. Whether it’s a small-scale project or a largescale endeavor, Atlantic Signs approaches each undertaking with the same level of enthusiasm and attention to detail.

The manufacturing prowess of Atlantic Signs is second to none, leveraging cutting-edge technology and best practices to craft signs of impeccable quality and durability. Meticulous craftsmanship, coupled with stringent quality control measures, ensures that every sign that rolls out of Atlantic Signs’ production line is a testament to excellence and precision. Beyond manufacturing, Atlantic Signs excels in the art of marketing, employing strategic initiatives to showcase its products and services to a wider audience. Through targeted advertising campaigns and participation in industry events and exhibitions, Atlantic Signs maintains a strong presence in the market, constantly reinforcing its position as a leader in the signage and display advertising sector.

Central to Atlantic Signs’ success story is its unwavering commitment to customer satisfaction. Every interaction with Atlantic Signs is marked by professionalism, transparency, and a genuine desire to exceed expectations. Whether it’s providing timely updates on project milestones or offering postinstallation support, Atlantic Signs goes above and beyond to ensure that its clients receive nothing short of excellence.

www.atlanticsigns.co.ke

INFORMATION WITH POWER

We provide quality and timely business information reports in Africa, and the global market at large.

MISSION

To be the preferred provider of quality Business Information Reports in Africa, and the global market at large.

VISION

To consistently improve through efficient and effective data collection methods, with a view of providing total in-depth analysis to our customers.

VALUES

Professionalism, Integrity, Results-oriented, Customer focus.

Report Hub

Reporthub Limited stands as a distinguished entity in East Africa's Business to Business (B2B) landscape, revered for its commitment to delivering unparalleled business intelligence solutions in collaboration with global affiliates. With its inception and registration in Kenya, Reporthub Limited has cemented its position as a trusted provider of comprehensive business information reports.

These reports are meticulously curated, focusing on legal standings, financial data, company profiles, shareholding/directorship insights, registration particulars, and other critical business intelligence components, ensuring clients receive actionable insights for informed decision-making.

At the heart of Reporthub Limited's operations lies a steadfast commitment to excellence and innovation. Our vision is clear - to emerge as the premier provider of top-tier Business Information Reports across Africa and beyond. To achieve this vision, we continuously refine our methodologies for efficient data collection, enabling us to deliver in-depth analysis tailored to the unique needs of our diverse clientele. Upholding values of professionalism, integrity, and customercentricity, we strive to enrich our database, provide industry insights, monitor risks, conduct competitor analysis, and offer ancillary services to support business growth and development.

In line with our commitment to mitigating potential business risks, Reporthub Limited offers an extensive range of products and services. From due diligence reports to original document procurement, identification verification, debt management consultancy, SME rating, and credit checks, we provide comprehensive solutions to address various business needs. Our client-centric approach is further exemplified through a dedicated portal, offering seamless access to reports and personalized dashboards for streamlined order placement and tracking.

Noteworthy among our services is Reporthub

Collect, our specialized debt recovery arm. Staffed by a proficient team equipped with cutting-edge debt collection systems, Reporthub Collect ensures meticulous documentation of all interactions with debtors. Leveraging SmartDial and SmartCollect technologies, we optimize debt management processes, demonstrating our unwavering commitment to operational excellence and client satisfaction.

With a global presence spanning over 200 locations, Reporthub Limited serves a diverse clientele comprising local and international businesses. Our affiliation with FEBIS (Federation of Business Information Services) underscores our dedication to adhering to global standards in the provision of business intelligence solutions, ensuring the highest level of quality and reliability in our services.

Moreover, our partnership with Diamond Trust Bank (DTB) exemplifies our commitment to fostering strong relationships built on mutual respect and shared values. With a rich history of serving customers with confidence, honesty, and transparency, DTB stands as a beacon of trust in the financial industry. Their unwavering dedication to openness and integrity resonates deeply with our own values at Reporthub Limited. This partnership underscores our belief in the power of collaboration to drive positive change and enhance customer experiences. We are proud to align ourselves with DTB and look forward to further strengthening our relationship based on mutual trust and shared vision.

In summary, Reporthub Limited is not just a provider of business intelligence solutions; it is a trusted partner dedicated to empowering businesses with actionable insights and unwavering support.

Through continuous innovation, global reach, and strategic partnerships, we remain committed to delivering unparalleled value to our clients and driving sustainable growth across industries. Join us on our journey towards a future where informed decisions pave the way for success.

www.reporthub.co.ke

DIAMOND TRUSTBANK

Jamie, who joined DTB in 2021, displays leadership values which truly align with the business’ goals.

“As a leader I think it’s important to display a level of selflessness, prioritising approachability, empathy and compassion. I instil in colleagues that it’s ok to be human, to be vulnerable, and be willing to admit we don’t have all the answers. Like our customers, I want my colleagues to dare to be bold and strive to achieve their ambitions,” he said.

DTB’s digital transformation journey is a testament to their commitment to

innovation, customer-centricity, and a futuristic approach to banking. “Our pursuit is one of transformation, where technology and banking merge seamlessly,” Jamie said. By embracing technology as an enabler and catalyst for change, DTB is propelling beyond the boundaries of traditional banking into a realm where innovation is harnessed to unlock new possibilities and redefine the very essence of finance. “We’re not just transforming banking; we’re shaping the future of finance,” Jamie concluded.

www.dtbafrica.com

DTB Chief Executive Officer, Nasim Devji, with Alphas Sinja (CEO, Boya) and Ezra Chiloba (CEO, Communications Authority of Kenya) at the launch of a virtual expense card for business payments.

Evolving Business through Digital Transformation.

Sybrin, a leading global solutions provider with more than 30 years of industry experience, empowers businesses within the financial services, insurance, and telecommunication sectors to thrive by supporting them to initiate and navigate their digital transformation journeys.

Our core strength lies in our deep industry knowledge and expertise in building, implementing, and supporting end-to-end systems. Leveraging low-code, AI, computer vision, machine learning, and data science technologies, we deliver bespoke solutions globally, with a commitment to exceptional service through strategically located offices.

Our frameworks are designed to meet the needs of modern businesses, thereby decreasing their operational costs and employee workloads, while increasing efficiency and accuracy, resulting in a superior customer experience. These frameworks include Digitisation, KYC & Onboarding, Payments & Clearing, and Fraud Risk Management, which can easily be integrated into existing systems, and are highly scalable and customisable.

Our comprehensive offering goes beyond system design and integration. We provide custom software development, hardware procurement, digital advisory services, as well as 24/7 support and training. Each solution is meticulously tailored to your specific industry, region, and needs, ensuring a smooth digitalisation journey.

In East Africa, we focus on a few main solutions to complement the needs of the market and assist our customers in springboarding their digital journeys. These include:

Know Your Customer (KYC)

A complete solution for automating cognitive KYC procedures and performing client- and enhanced due diligence investigations to improve compliance, operations, customer acquisition, and customer retention.

Onboarding

Simplify your onboarding process with an omni-channel experience that delights customers and minimises administrative tasks while verifying that the person behind a remote interaction is

physically present through facial liveness detection.

Digital Signatures

Make signing documents simple, reliable, and secure. Our solution will ensure the authenticity of a digital signature using unique cryptographic keys in accordance with regulatory requirements and standards.

Intelligent Document Processing (IDP)

Streamline and optimise your data extraction and capturing, while increasing your overall capacity and efficiency with our IDP offering – which can be used for intelligent statement extraction, accelerating onboarding processes, and more.

Business Banking

A frictionless digital channel that provides seamless connectivity, B2B and B2C transaction handling, and total user control - delivering the promise of connected corporate banking.

Loan Management

Link your customers to credit facilities, financial data, and market information with a platform that supports onboarding, credit scoring, approval workflows, integration to third-party systems, and customer-facing mobile applications.

We are driven by a passion for positive change. Our mission is to provide a globally recognised platform and app store that empowers businesses across industries with the agility and insights needed to achieve a competitive edge.

With over 800 systems across 20+ countries deployed for more than 100 satisfied customers, Sybrin boasts a proven track record of success. The 2020 acquisition by the 1K1V and Crossfin Consortium further strengthens our position, unlocking valuable insights and bridging the gap between South Africa, Africa, and the US. This collaboration opens doors to cross-border innovation and economic opportunities. www.sybrin.com

Digital Onboarding in a Few Simple Steps.

First impressions count, give your customers a frictionless omni-channel onboarding experience that is seamless, personable, and exceeds their expectations while avoiding unnecessary admin.

Real-Time KYC Monitoring and Verification.

Improve compliance, operations, customer acquisition, and customer retention with Sybrin's advanced Know Your Customer (KYC) offering.

Identity Screening Amplified by AI Technology.

Automatically perform real-time screening against global sanction lists and watchlists using our advanced AI and machine learning technology. Identify and flag potential high-risk customers for further review, while onboarding low-risk customers quickly and efficiently.

Simple, Fast Liveness Detection and Verification.

Prove the physical presence and biometric liveness of a person, for remote interactions, with the combined use of image processing techniques and neural networks using only a selfie.

Improve, Optimise, and Digitise Your Business.

THE TRINBAGONIAN ENTERPRISE FIGHTING THE WORLD’S WATER PROBLEM

“Water can create peace or spark conflict,” says the UN in its 2024 World Water Day Campaign, “When water is scarce or polluted, or when people have unequal, or no access, tensions can rise between communities and countries,” it continues.

DESALCOTT PROJECT DIRECTED BY: ADEL MHIRI

ARTICLE WRITTEN BY: LAURA WATLING

One country which can attest to this belief is the Republic of Trinidad and Tobago, which in September 2023 saw further protests due to water shortages in the country.

Attributing the shortages to climate change and decreased rainfall, Trinidad and Tobago’s Water and Sewage Authority (WASA) is implementing short, medium, and long-term measures to tackle the problem.

Supporting WASA is the Desalination Company of Trinidad and Tobago (Desalcott), which supplies 48 million US gallons of desalinated water per day.

“Since the desalination plant was launched in 1999 we have produced 296 billion US gallons. By June 2024 we will reach 300 billion gallons which may be a world record for reverse osmosis desalination,” shared John Thompson, General Manager. This achievement will also tie in with Desalcott’s 25th anniversary.

With these numbers in mind, Desalcott is supplying as much as 25% of the nation’s water.

DESALCOTT WATER

Producing 24/7, the desalination plant in Point Lisas is one of the world’s largest, with 98% on line supply time with 100% attainment of quality standards.

Using its state of the art facilities, R&D innovations have become a focal point of the operations as the plant addresses the challenges of sustainable development, compounded with climatic changes.

Desalcott utilises its ability to re-engineer the plant when conditions change through research and development using an on-site pilot plant, debottlenecking, re-tooling and optimisation to maintain sustainability of supply.

“As one of the first major plants to successfully use reverse osmosis for water desalination, our processes have been replicated around the world,” said John.

The process of reverse osmosis operates by pushing saltwater under high pressure through a semipermeable membrane, the pores of which are too small for the salt molecules to pass through, which is also enhanced through an ionic rejection effect.

Combating Climate Change

With climate change affecting both the availability and quality of naturally sourced water in Trinidad and Tobago (with unprecedented surges in bacteria, algae, organics and other nutrients from the Amazon-Orinoco Basin), Desalcott are aware of the positive impact they can make by employing sustainable measures into its operations.

Highlighting its efforts, the business has received International Recognition of Environmental Stewardship with UNEP for its sustainable practices, care, and protection of the environment.

The plant uses the “4R” approach (Reduce, Reuse, Recycle, Recover) as highlighted by UNEP for water and energy conservation.

During the process of desalination, salt is extracted from the input water. Rather than returning the brine straight

back into the water course, Desalcott combines the brine with hard-water outsourced from other industrial plants.

“Apart from reducing the heat of the industrial plant’s discharge this means the water we return is of a very similar salinity to that which we take out,” explained John, “we are also able to recycle some water and return it back as intake to the RO system”.

Additionally, waste silt from the process has been trialled in the production of fruit and vegetables, something which John would like to see expanded on. The waste silt is currently being used as a cover for landfill.

Whilst reverse osmosis can be less expensive than other methods of desalination, Desalcott employs other efficiencies, such as using AC variable frequency drives rather than control valves and energy recovery turbines.

We are the sole International Professional Partner Firm as awarded by the Chartered Insurance Institute, United Kingdom.

BROKERS WEST INDIES LIMITED

Head Office: P.O Box 969, No. 2b Dere Street, Port-of-Spain, Trinidad & Tobago Telephone: (868) 625 1281-3, 4079, 4080, 4126 | Fax No: (868) 623 5884

South Office: Suite 9, 1st Floor, Cathay House, Carlton Centre, St. James Street, San Fernando E-mail: mailadmin@ibwil.com | Website: www.ibwil.com

Telephone:

Expanding Horizons

As well as drinking water, deionised industrial water, wastewater, and stormwater utilities, Desalcott offers its OEM expertise and technology throughout the water sector, especially in environmentally challenging situations.

The World Green Building Council has highlighted that the freshwater crisis is now as urgent as making the transition to zero carbon. In its review it predicts that by 2030 there will be a 40% gap between fresh water supply and demand.

With this in mind, there is plenty of potential for Descalott to broaden its footprint.

John has identified that there is opportunity to expand the operations via smaller plants across Trinidad and Tobago, as well as prospects in the wider Caribbean.

With water scarcity impacting many countries in the Middle East due to limited rainfall and high temperatures, desalination of seawater is considered a crucial strategy to meet demand.

“Water scarcity in the Middle East is impacting food security in the region, which is on many governmental agendas. There is opportunity for Desalcott to extend its expertise here, too,” explained John.

With the benefits and efficiencies of reverse osmosis desalination plants becoming clearer, these particular plants are increasing “exponentially”, said John.

“Desalcott is at the forefront of reverse osmosis desalination at a commercial scale, and we are delighted to offer our expertise wherever it’s needed,” he added.

www.desalcott.com

SUSTAINABLE EVOLUTION: ATLAS LEISURE HOMES’ TRANSFORMATION

ATLAS LEISURE HOMES

PROJECT DIRECTED BY: JAMIE WAITE

Atlas Leisure Homes has long been a name synonymous with luxury, comfort, and innovation in the leisure home industry.

Established with a vision to redefine leisure living, the brand has consistently pushed the boundaries of design, quality, and customer experience. Over the years, Atlas Leisure Homes has evolved, adapting to changing consumer preferences, technological advancements, and global trends. Today, as sustainability takes centre stage globally, Atlas Leisure Homes stands at the forefront of a transformative journey towards ecofriendly and sustainable practices.

The Need for Transformation

The leisure home industry, traditionally associated with opulence and indulgence, has often been criticised for its environmental impact. The construction, operation, and maintenance of leisure homes consume significant resources, contributing to environmental degradation and climate change. Recognizing these challenges, Atlas Leisure Homes understood the imperative to evolve and align its operations with sustainable practices. Their commitment to sustainability was driven not only by environmental concerns but also by changing consumer expectations and global sustainability goals.

Brand Evolution and Commitment to Sustainability

Atlas Leisure Homes has always been a brand that prioritises innovation and customer satisfaction. Over the years, the brand has introduced groundbreaking designs, advanced technologies, and premium features that have set industry standards. As the importance of sustainability grew, Atlas Leisure Homes recognized the need to integrate ecofriendly practices into its brand ethos and product offerings.

The brand embarked on a comprehensive sustainability transformation, reevaluating every aspect of its business, from material sourcing to product design, manufacturing, and customer engagement. This holistic approach enabled Atlas Leisure Homes to align its operations with sustainability principles while maintaining its commitment to quality, luxury, and customer satisfaction.

ATLAS LEISURE HOMES

With 50 years of British manufacturing excellence, Lambson Building Products and Laminated Products have become industry leaders in decorative and raw panel products, bonded panels, profiles, and components. This halfcentury journey has been marked by innovation, a commitment to quality, and a focus on customer satisfaction, propelling the company to the forefront of the industry.

Lambson Building Products and Laminated Products have cultivated an enviable reputation built on unparalleled expertise and experience. Over the last five decades, the company has honed its skills in every facet of design and production, continually adapting and evolving its manufacturing techniques to meet market demands. This dedication to excellence has enabled Lambson to achieve and maintain the highest standards of quality, setting the benchmark for the industry.

As a trusted supplier to some of the largest Leisure, Marine, Modular, and Off-site Construction manufacturers across the continent, Lambson Building Products and Laminated Products have demonstrated their ability to deliver tailored solutions that meet the unique requirements of each sector. Whether creating custom-designed panels for luxury yachts, manufacturing high-performance components for modular buildings, or producing durable profiles for off-site construction projects, the company’s diverse product portfolio and flexible manufacturing capabilities enable it to cater to a wide range of applications and industries.

One of the key factors driving Lambson Building Products and Laminated Products’ success is its commitment to customer satisfaction.

The company places a strong emphasis on building long-lasting relationships with its clients, understanding their specific needs, and delivering solutions that exceed expectations. By fostering a culture of collaboration, transparency, and continuous improvement, Lambson ensures that it consistently meets and surpasses the expectations of its customers, earning their trust and loyalty in the process.

In addition to its commitment to quality and customer satisfaction, Lambson Building Products and Laminated Products are also dedicated to sustainability and responsible manufacturing. The company strives to minimise its environmental impact by adopting eco-friendly practices, sourcing sustainable materials, and investing in energy-efficient technologies. By embracing sustainability as a core principle, Lambson aims to contribute positively to the wellbeing of the planet while creating products that stand the test of time.

In conclusion, Lambson Building Products and Laminated Products are industry leaders with a rich heritage of British manufacturing excellence spanning 50 years. Through innovation, unparalleled expertise, and a steadfast commitment to quality, the company has established itself as a trusted supplier to some of the largest Leisure, Marine, Modular, and Off-site Construction manufacturers across the continent. With a focus on customer satisfaction, sustainability, and continuous improvement, Lambson is well-positioned to drive growth, innovation, and success for its clients and partners for many years to come.

www.lambsonbuildingproducts.co.uk

Material Innovation: Redefining Construction Practices

One of the most significant steps Atlas Leisure Homes took towards sustainability was in the realm of material innovation. Traditional construction materials used in the leisure home industry often have a high carbon footprint and contribute to environmental degradation. Atlas Leisure Homes began exploring alternative, eco-friendly materials that could offer the same durability, aesthetic appeal, and luxury without compromising on sustainability.

The brand started incorporating recycled, reclaimed, and sustainably sourced materials into its designs. This included using reclaimed wood, recycled plastics, eco-friendly insulations, and low-impact finishing materials. Additionally, Atlas Leisure Homes adopted modular construction techniques and prefabrication methods that minimise waste, optimised material usage, and reduced construction time and costs. These innovative approaches not only reduced the environmental impact but also enhanced the quality, durability, and longevity of their leisure homes.

Energy Efficiency: Harnessing Renewable Energy

Energy consumption is another critical aspect of sustainability in the leisure home industry. Traditional leisure homes often rely heavily on non-renewable energy sources, leading to increased carbon emissions, energy costs, and environmental impact. Atlas Leisure Homes tackled this challenge head-on by prioritising energy efficiency and renewable energy solutions in their designs.

The brand integrated solar panels, energy-efficient appliances, smart home technologies, and advanced insulation systems into their leisure homes. These features not only reduced energy consumption and carbon emissions but also allowed homeowners to monitor and control their energy usage effectively. By embracing renewable energy solutions, promoting energy conservation, and optimising building design and orientation for passive solar heating and cooling, Atlas Leisure Homes significantly lowered the carbon footprint of their products while offering homeowners sustainable and cost-effective living solutions.

Water Conservation: Responsible Water Management

Water scarcity is a growing concern globally, making water conservation a crucial aspect of sustainability. Atlas Leisure Homes recognized the importance of responsible water management and incorporated watersaving technologies and practices into their designs.

The brand introduced rainwater harvesting systems, greywater recycling, efficient plumbing fixtures, and water-efficient landscaping solutions in their leisure homes. These measures helped reduce water consumption significantly, ensuring that homeowners could enjoy luxurious living without excessive water wastage. Atlas Leisure Homes also educated their customers about the importance of water conservation and provided them with practical tips, tools, and technologies to minimise water usage in their daily lives.

Community Engagement and Education: Inspiring Change

Apart from transforming their products and practices, Atlas Leisure Homes also focused on community engagement, education, and advocacy as part of their sustainability journey. The brand organised workshops, seminars, educational programs, and sustainability tours to raise awareness about sustainability among their employees, partners, suppliers, and customers.

Atlas Leisure Homes collaborated with environmental organisations, universities, research institutions, and industry associations to foster innovation, knowledge sharing, and best practices in sustainable leisure home design, construction, and operation. By engaging with the community, promoting a culture

of sustainability, and advocating for eco-friendly practices and policies, Atlas Leisure Homes inspired and empowered others to adopt sustainable lifestyles, contribute to environmental conservation, and drive positive change in the leisure home industry and beyond.

Conclusion: Leading the Way Towards a Sustainable Future

The sustainability transformation of Atlas Leisure Homes serves as a shining example of how industry leaders can drive positive change, innovate, and make a significant impact on environmental conservation, climate change mitigation, and sustainable development. By embracing material innovation, energy efficiency, water conservation, community engagement, and education, Atlas Leisure Homes has redefined luxury living, set

ATLAS LEISURE HOMES CONSTRUCTION

new industry standards, and inspired others to prioritise eco-friendly practices, adopt sustainable technologies, and contribute to a greener, healthier, and more resilient future for all.

As Atlas Leisure Homes continues on its sustainability journey, exploring new technologies, materials, and practices, the brand remains committed to its core values of innovation, quality, customer satisfaction, and sustainability. By integrating sustainability into its brand ethos, business strategy, and product offerings, Atlas Leisure Homes continues to lead the way towards a more sustainable, equitable, and prosperous future for the leisure home industry, its customers, communities, and the planet.

www.atlasleisurehomes.co.uk

EXPANSION TO SEE DRC COPPER COMPLEX BECOME THIRD LARGEST IN THE WORLD

By land area, the Democratic Republic of Congo (DRC) is the second-largest country in Africa, and the 11th largest in the world. Across this landmass is a copperbelt of around 70 kilometres wide and 250 kilometres long.

There are 72 economic deposits of copper/cobalt and four large mining centres. Taken together, the DRC and Zambia copper belts are the second largest global reserve of copper, about one-third the size of the Chilean reserve.

Producing around 63% of the world’s cobalt, the second biggest copper producer after Chile, the DRC copper belt includes some of the highest-grade copper deposits in the world1

Starting production in 2021, the Kamoa Kukula Copper Complex (Kamoa Copper) based in the DRC, produced 393,551 tonnes of copper concentrate in 2023.

Kamoa Copper’s 2023 production achievement represents a year-over-

year increase of 18%. The 2024 annual production guidance for Kamoa-Kakula is estimated at between 440,000 to 490,000 tonnes of copper in concentrate, following the anticipated completion of the Phase 3 concentrator during the third quarter of 2024.

The phased expansion is projected to make Kamoa-Kakula the third-largest copper complex globally.

Phase 3 will increase Kamoa Copper’s annual copper production to a ten-year average of 650,000 tonnes of copper. The expansion includes the commissioning of a 500,000-tonneper-annum on-site, direct-to-blister copper smelter and refurbishment of Turbine #5 at the Inga II hydroelectric facility.

COPPER ARTICLE WRITTEN BY: LAURA WATLING

1 https://en.wikipedia. org/wiki/Copper_mining_ in_the_Democratic_Republic_of_the_Congo#:~:text=There %20are%2072%20economic%20deposits,copper%20 deposits%20in%20the%20 world.

KAMOA

The mine’s 2023 preliminary economic assessment projects a nine-year mine life extension of the Kamoa-Kakula Copper Complex, in addition to the Kamoa-Kakula 2023 pre-feasibility study of 33 years. This case includes the addition of four new underground mines in the Kamoa area (called Kamoa 3, 4, 5 and 6) to maintain the overall production rate of up to 19.2 Mtpa.

Mining with a Greater Purpose

Kamoa Copper’s vision is to build a sustainable legacy in the DRC through environmentally and socially responsible copper mining.

“Sustainability is at the heart of everything we do,” shared Chairman, Ben Munanga. Sustainability is also inextricably linked to Kamoa Copper’s company values:

sustainable growth; united in diversity; and to thrive.

“Kamoa Copper acknowledges that our impact on the United Nations Sustainable Development Goals (SDGs) could shape our long-term strategy, enhance dialogue with our stakeholders, and support our licence to operate,” said Ben.

Its environmental governance priorities are driven by its objectives of contributing to the achievements of the following UN SDGs: Clean Water and Sanitation; Responsible Consumption and Production; Life on Land; Climate Action.

For waste management, Kamoa Copper employs tailings management which involves the storage and management of the finely-ground rock, fine mineral particles and water separated from ore

Established in 2019, Degrita Holding is on a mission to become the leading provider of the highest quality engineering solutions in Democratic Republic of the Congo (DRC).

Partnering with the likes of GE Grid Solutions, AEC Energy solutions, DesSoft - Design Software, Siemens, Schneider Electric, and Watericon LTD, in the last five years the engineering services business has completed 502 successful projects.

Included in these projects is its work for Kamoa Copper, in which it has provided a variety of valuable services including supply and installation of lightning system protection, earthing of electrical circuits, maintenance service of generators, and oil purification of HV transformers.

In addition, it has provided a variety of sustainable solutions to Kamoa Copper, including supply and installation of solar electric power systems, commissioning of chlorine dioxide drinking water disinfection, maintenance of sewage treatment systems, and analysis of dissolved gas of transformers.

Full Spectrum Service Provider

Amongst its capabilities, Degrita Holding’s skilled and experienced team can provide maintenance of industrial equipment, installation of CCTV cameras, supply chain management, and consultancy services.

Considered an industrial engineering partner, its partnerships are often aimed at improving operational efficiency, innovating product or process design, and staying competitive in the marketplace.

Setting itself apart from competitors, Degrita Holding ensures that it is always up to date with the latest technological advances in engineering, helping to improve its efficiency, quality, and competitiveness.

In addition, it emphasises customer service, ensuring to always listen to its customers’ specific needs and tailoring its solutions accordingly. A valuable service, Degrita Holding implements robust project management processes to ensure on-time, on-budget delivery.

“We understand that a customer-centric approach can foster loyalty and referrals,” the business said.

Underpinning its projects is Degrita Holding’s strong, values-based culture which “focuses less on what we do, and more on how we do it”.

Shared Success

The business’ culture strives for “Shared Success”. This is achieved by developing high performing teams that are aligned to Degrita Holding’s vision and values.

“Shared success is dependent upon strong professional relationships and having genuine conversations,” said the business, “We know that if we succeed, then all our valued clients, partners, and shareholders also succeed. This integrated approach begins with our people and the belief that together we can develop trusting relationships with all stakeholders to achieve long-term mutual goals”.

Degrita Holding’s has made significant investment into employee safety to achieve its goal of reducing lost time to injuries, which has been achieved successfully and consistently.

In addition, the business has been awarded ISO 9001 Quality Management Systems, ISO 45001 HSE Management Systems, ISO 31000 Risk Management, and ISO 14001 Environmental Management. Further highlighting its commitment to its team, Degrita Holding’s is committed to the ongoing professional development of its colleagues.

“Engineering is constantly evolving, and well-trained teams are essential to remain competitive, so we’re always committed to providing development,” it said.

In turn, its customers are always receiving the most up-to-date engineering solutions.

Charles D. Kabulo, Degrita Holdings CEO

minerals during the milling process.

“Kamoa Copper has taken a very low risk approach to how we manage our tailings and aim to meet or exceed global good practice for safe tailings management,” said Ben.

Kamoa Copper plans to minimise the surface storage and management of tailings from its mining operations by storing it underground in the mined-out workings.

“The mine has a relatively small environment-footprint because approximately half of the tailings will be mixed with cement and pumped back underground to fill voids and help support the underground mining infrastructure,” Ben added.

Further to the mine’s tailings management, Kamoa Copper understands that limiting the environmental impact and the carbon footprint of its mining operations is key to mitigating the effects of climate change. To support the continued successful

performance of its mining complex, Kamoa Copper has signed a publicpartnership with DRC’s state-owned power company La Société Nationale d’Electricité to secure clean, renewable hydro-generated electricity.

“Securing sustainable, long-term electricity is essential in the development of Kamoa Copper into one of the world’s largest copper mines,” said Ben.

In addition, Kamoa Copper has pledged to incorporate state-of-the-art equipment powered by electric batteries or hydrogen fuel cells into its mining fleet, replacing diesel-powered equipment.

Commitment to Education

Ensuring Kamoa Copper’s commitment to build a sustainable legacy in the DRC, it also employs a range of social initiatives to help develop the communities in which it operates.

One such initiative is contributing to successful food-production activities in

nearby communities by uplifting smallscale farmers and enabling them to increase their production capacity.

“This is laying the foundation for increased commercial farming and setting an example for future generations,” shared Ben.

The initiatives include maize production, fruit and vegetable production, fish farming, poultry farming and honey production.

In addition, the business has launched an agronomy school to offer training and research facilities to local farmers. Plans are also underway for a collaboration between the agronomy school and the University of Kolwezi, which will provide further practical training for the students.

“The long-term vision is to continue to expand all of these projects and to diversify into other business opportunities, such as agro-processing,” said Ben

The business also supports mining skills training, which in 2020 saw five operational crews for the Kakula Mine and

KAMOA COPPER MINING

two operational crews for the Kansoko Mine trained and deployed. A total of 194 trainees were equipped with skills, including tele-handler, agitator truck and utility vehicle training.

Most recently, Kamoa Copper has established the Kamoa Centre of Excellence, with the first phase of students enrolling in 2023.

The aim of the centre is to retain and develop local talent, the Centre of Excellence will offer degrees, diplomas and short courses in collaboration with internationally accredited institutions. Establishing a Long-Term Logistics Agreement

In February 2024 Kamoa Copper announced an agreement with Trafigura, one of the world’s largest commodity suppliers, to transport minerals via the Lobito Atlantic Railway for a minimum term of six years.

Lobito Atlantic Railway is a new importexport trade route between the African

LA TREVE Group PTY LTD: A Pioneering Force

in Supply Chain Management and Civil Engineering

Founded in 2015 in South Africa, LA TREVE Group PTY LTD embarked on a mission to revolutionize the sectors of supply chain management and civil engineering. With a foundational commitment to excellence and innovation, the company has steadfastly grown, expanding its services and geographical reach, particularly focusing on meeting the rising engineering service demands in the Democratic Republic of the Congo (DRC).

Expansion into the DRC: Acknowledging the burgeoning demand for specialized engineering and supply chain management services in the DRC, LA TREVE Group strategically began collaborations with select companies within the country starting in 2017. This significant move was not merely an expansion but a testament to the company's adaptability and commitment to addressing the needs of diverse markets. In April 2020, this expansion culminated in the establishment of LA TREVE SARL, a milestone that marked the beginning of a new chapter as a 100% Congolese company, showcasing an impressive commitment to local development and expertise.

Registration and Compliance

In its dedication to legal compliance and ethical business practices, LA TREVE SARL achieved registration with the ARSP, affirming its status as a fully recognized and compliant entity within the Congolese corporate landscape. This registration is not just a legal formality but a reflection of LA TREVE's commitment to transparency, quality, and regulatory compliance, essential pillars that guide every aspect of its operations.

Services and Expertise: LA TREVE Group has carved a niche in providing top-tier services in supply chain management and civil engineering. The company employs a holistic approach, integrating innovative strategies and technologies to streamline supply chain processes and deliver cutting-edge engineering solutions. Whether it's a complex infrastructure project or optimizing logistics operations, LA TREVE is equipped with the expertise, tools, and dedication to achieve exceptional outcomes.

Commitment to Quality and Sustainability:

Understanding the importance of sustainability and quality in today’s market, LA TREVE adheres to strict standards, ensuring that all projects and operations are not only efficient but also environmentally responsible and sustainable. This approach has not only earned the company accolades but also the trust and loyalty of a growing list of esteemed clients.

Future Outlook: As LA TREVE Group continues to build on its successful legacy, the company remains focused on innovation, customer satisfaction, and strategic expansion. With a robust foundation in South Africa and a flourishing presence in the DRC, LA TREVE is poised to scale new heights in the realms of supply chain management and civil engineering.

LA TREVE Group PTY LTD represents a beacon of excellence and innovation in the industry. From its humble beginnings in South Africa to its significant expansion in the DRC, the company has demonstrated an unwavering commitment to providing top-notch services, adhering to the highest standards of ethics and quality. As it moves forward, LA TREVE continues to be driven by a vision of growth, excellence, and a dedication to serving the needs of communities and businesses alike.

Electrical, Civil and Mechanical Engineering

Complete Engineering solutions for both government and the private sector.

LA TREVE Group PTY LTD was established in South Africa in 2015 with the primary objective of providing supply chain management and civil engineering services, and has grown over time with the increasing demand for engineering services in the Democratic Republic of Congo.

A NEW ERA OF PERFORMANCE

SES’s satellite-enabled connectivity solutions are powering digital transformation in enterprises across the globe, including the Kamoa-Kakula Copper Complex project in Africa.

Our multi-orbit network enables the seamless delivery of new services and applications, improving safety, digitalising operations, and maximising profitability in mining operations.

ABOUT SES

SES has a bold vision to deliver amazing experiences everywhere on earth by distributing the highest quality video content and providing seamless data connectivity services around the world.

As a leader in global content connectivity solutions, SES owns and operates the world’s only geosynchronous orbit and medium earth orbit (GEO-MEO) constellation of satellites with the unique combination of global coverage and high performance. By leveraging its vast and intelligent, cloud-enabled network, SES delivers high-quality connectivity solutions anywhere on land, at sea or in the air, and is a trusted partner to the world’s leading telecommunications companies, mobile network operators, governments, connectivity and cloud service providers. SES’s video network enables broadcasters, video platform operators and content owners to deliver managed media services for both linear and non-linear content. Its network of over 6,400 channels reaches 363 million households worldwide. The company is headquartered in Luxembourg and listed on Paris and Luxembourg stock exchanges.

DIGITAL MINING SOLUTIONS

In the mining industry, reliable connectivity is of exceptional importance since mining sites are often in remote locations. Connectivity delivered over SES’s 70 satellites can enable mining crews in these sites to access cloud-based applications and upload critical data, improving profitability of its extraction, overall productivity, visibility and safety. The same connectivity also enables the crew to stay connected with their families who are often located thousands of miles away.

For more information, visit www.ses.com

KAMOA COPPER MINING

Copperbelt and Angola’s Atlantic coast, with this agreement marking the first long-term commercial commitment to the railway.

Speaking on the agreement, Founder and Executive Co-Chairman of Ivanhoe Mines (which indirectly holds 39.6% of shares in Kamoa Copper), said:

“The transformative economic corridor will unlock more copper projects due to the lower logistical costs. Cheaper logistics increase the amount of economically recoverable copper across the Copperbelt, as cut-off grades can be lowered. This makes a significant impact on discoveries made in the DRC, such as the recent highgrade and open-ended Kitoko copper discovery in the Western Foreland, where we are stepping up exploration activities this year to find more ultra-green copper metal. Kitoko is located only 30 kilometres from the existing rail line,”.2

www.kamoacopper.com

Construction

The new 62-story tower set to transform New York City’s skyline

Jewellery

Step inside Swarovski’s new glittering, candy-colored flagship

Hospitality

Six Senses Kyoto Debuts in Japan, Taking Guests on a Sensory Journey of Reconnection

The new 62-story tower set to transform New York City’s skyline

Everyoneknowsthefamiliarshapesthat makeupNewYork’sskyline.There’sthe ArtDecocurvedcrownoftheChrysler Building,thesweepingisoscelestriangles thattwistaroundOneWorldTrade Center,thesteppedlimestoneandgranite rectanglesoftheEmpireStateBuilding andthetriangularprismoftheFlatiron Building.

Andnow,amulti-billion-dollartower featuringfloor-to-ceilingglasswilladd anotherdimensiontothecityscape, accordingtonewdetailsunveiledbyNew YorkCityMayorEricAdamsthisweek.

Stretchingup62stories,aplannedoffice towerat350ParkAvenuewillprovide spaceformorethan6,000jobs,plus1.8 millionsquarefeetofcommercialoffice space,accordingtoapressrelease.It willbefundedbyVornadoRealtyTrust, KennethGriffin,founderandCEOof globalinvestmentfirmCitadel,and buildingandmanagementcompany Rudin.

Whitecolumnswillframeanewpublic concourseatthebaseofthenewbuilding onParkAvenue,completewithgreen space,seatingandartdisplays,images show

Above,landscapedterraceswilltopeach sectionoftheglass-cladtowerwhichwill housetheofficesforCitadelandmarket makingfirmCitadelSecurities

FOSTER + PARTNERS CONSTRUCTION

The base of the building will house seating, green spaces and public art displays. Foster + Partners Adams hailed the project in the release, saying it will help “supercharge our economy and expand New York City’s iconic skyline,” building on “continued efforts to energize Midtown Manhattan as the world’s most important business address and an economic engine for working-class New Yorkers.”

Architects Foster + Partners have designed the building, which will replace the existing 30-story tower currently at the site in Midtown Manhattan just a few blocks away from landmarks like the Rockefeller Center, St. Patrick’s Cathedral and Grand Central Station.

As New York continues to deal with the economic aftershocks wrought by the Covid-19 pandemic, Adams and his administration said in their respective statements that they hoped this project would continue the city’s recovery.

“This investment opens a new chapter for Midtown — and closes the book on those who predicted its demise,” said deputy mayor for operations Meera Joshi.

“Midtown’s revitalization is being led by its public realm — including investments in Fifth Avenue, with the crown jewels of Central Park and Bryant Park at either end. Together, with our business improvement district and parks partners, we are reintroducing Fifth Avenue to the world and creating a vibrant live, work, play community for a new era,” Joshi added.

Building this new office space comes at a fraught time for the commercial real estate market as businesses struggle to entice workers back to the office after years of working from home.

This has left vast tranches of office space vacant or underused, causing the value of such buildings to plummet at the same time as historically high interest rates have made it harder for real estate developers — who often take out huge loans to finance projects — to make good on their repayments.

The project will begin the city’s public review process early next year and the tower is expected to be completed by 2032, according to the release.

FOSTER + PARTNERS CONSTRUCTION

The base of the building will house seating, green spaces and public art displays.

Step inside Swarovski’s new glittering, candy-colored flagship

Swarovski has opened a new flagship store in New York, and its glitzy interiors will have visitors stepping into a world of candy-colored crystal.

The new Swarovski on Fifth is a twofloor, 14,400-square-foot retail space that celebrates the luxury brand’s storied history while offering its collections across jewelry, home decor and accessories. It features vibrant colorblocked areas in bright pink, yellow, green, with oversized gem-like octagons appearing all around both the façade and interior — including the shape of an opulent pink staircase that leads visitors through an installation of the history of the 128-year-old brand and its influence on both haute couture and Hollywood.

In addition to nurturing deep relationships with fashion houses including Chanel, Dior, Balenciaga and Viktor & Rolf over the decades, Swarovski has been behind many an iconic red carpet ensemble, from Rihanna’s ethereal “naked dress” at the 2014 CFDA awards, to Harry Styles’ harlequin jumpsuit at the Grammy Awards earlier this year. (And who can forget Doja Cat’s dramatic entrance to Schiaparelli’s Couture Spring-Summer 2023 show in Paris in January, where she arrived covered head-to-toe in red body paint and 30,000 Swarovski crystals?)

Most recently, Kim Kardashian partnered with the company on a new collection for her lingerie and shapewear brand Skims, featuring crystal-covered bodysuits, dresses and underwear. Kardashian, Gwyneth Paltrow, Billy Porter and Ashley Graham were among those fêting the launch as well as the flagship opening in November.

A Swarovski ‘temple’

While a number of new Swarovski flagships have recently opened or are in the works in Shanghai, Tokyo, Milan and Seoul, the Fifth Avenue location in New York is the brand’s grandest yet, meant to “ignite the imagination from the moment you step into the store,” according to a press statement by Swarovski creative director Giovanna Engelbert, who designed the space.

“From the grand staircase to the use of quilted velvet and silk throughout the store, all details are intended to provide customers the feeling of being inside a luxurious jewelry box,” she added. “My vision was to produce a modern, joyful, elevated, and futuristic design, which mirrors the light, energy and colors of New York.”

Fittingly, the flagship will also contain a trove of treasures, according to Swarovski, including the largest crystal chaton ever cut. On the second floor, an all-white boutique offers Swarovski Created Diamonds – its lab-grown diamond collection — as well as a lounge featuring its crystal-embellished porcelain tableware, a partnership with fine china brand Rosenthal.

The new flagships are the company’s “brand temples,” explained Swarovski CEO Alexis Nasard in a video call with CNN. Nasard became the first person outside of the Swarovski family to helm the Austrian company when he took the role last year.

“We felt it was really important that we display the brand in a way that transcends commerciality — that people do not just come to the store to transact,” he said. “We want them to experience the whole values that the brand represents, in terms of its history, in terms of its brand equity, in terms of its collaboration, in terms of its collections, and most importantly, of its customer service.”

Most importantly, Nasard said, the new store exemplifies Swarovski’s own take on luxury.

“Swarovski luxury is not the traditional luxury, which is about snobbism and high prices, and taking ourselves seriously,” he said. “Our luxury is about offering consumers joy, self-expression, selfindulgence, and the ability to be beautiful on your own terms.”

Six Senses Kyoto opens its doors, marking the brand’s entry into Japan and an exciting new addition to its flourishing urban collection. Conveniently situated among the iconic heritage shrines and palaces within the ancient capital, Six Senses Kyoto invites guests to both an epicenter and an escape, to enjoy holistic wellness, signature sustainability and outof-the-ordinary experiences.

Six Senses Kyoto marks a historic milestone of taking the Six Senses brand into new frontiers, while continuing to enrich IHG's luxury and lifestyle portfolionow the second largest in the world.

Six Senses Kyoto Debuts in TakingJapan, Guests on a Sensory Journey of Reconnection

A Tribute to Kyoto's Golden Age

Thehotel'sdesigndrawsinspiration fromtheHeianperiod(794-1185),when Heian-kyo(nowKyoto)wasthecapitalof Japan,consideredbymanythegolden ageofartandculturethatgavebirthto "Miyabi"(courtlyelegance)concept.This heritageisreflectedinthehotel'smodern interpretation,incorporatingelements oftraditionalartstocreateauniqueand elegantambiance.Thelobbyartworksets thetonewithafoldingscreenfeaturing 504hand-craftedKyoto-madeRakuyaki tiles.Thesesymbolizethesilhouetteof thesacredMountKurama,oneofthe legendarysettingsoftheTaleofGenjiand thebirthplaceofReikihealing.Opposite thefoldingscreenisawhimsicalartpiece whichisamoderntakeon"Chōjū-giga" (ScrollsofFrolickingAnimals),believedto betheveryfirstmanga(Japanesegraphic novels)inthenation’shistory.

Thecontrastingartworksetsthestage forthehotel'sblendofhistory,artistry, playfulnessandemotionalhospitality. Thehotel’sbiophilicdesign,evidentin theusageofwoodandnaturalmaterials, alongwithmeanderingpathsthrough innerJapanesegardens,furtherconnects guestswithnature.

Sanctuary of Tranquility and Rejuvenation

Thedesignnarrativeextendstothe 81guestroomsandsuites,offeringa sanctuaryforcontemplation.Specialty suites,fromthePremierSuiteGarden withaprivateJapanesecourtyardto the238square-meterThreeBedroom PenthouseSuite,offerextendedspace forreconnection.Allbedroomsfeature SleepWithSixSenses,promotingpeaceful slumberthroughbespokeorganic mattresses,temperatureregulating pillows,duvets,andorganiccottonsheets. Forthoseseekingtofurtheroptimize theirzzz,sleepaidsandprogramsare alsoavailable,throughpersonalizedsleep consultationthatintegratesinsightsfrom guests’sleeptrackercombinedwith soothingtreatments,nutritionalguidance, andlowintensitytraining.

The Alchemy Bar at Six Senses Spa Kyoto offers interactive workshops for guests to create natural facial care and beauty items, made with natural ingredients and herbs harvested from the hotel’s garden.

Holistic Wellness Journey: Fusion of Tradition and Science

Inspired by Kyoto’s Zen philosophy, Six Senses Spa integrates traditional healing techniques with modern science. Guests can begin their journey with a signature Wellness Screening, which analyzes key health biomarkers in minutes, allowing Wellness Practitioners to make personalized recommendations tailored to individual needs and goals.

Highlights include the Kyoto-exclusive Ah-un treatment, which symbolizes the pursuit of inner peace, balance, and awakening in Zen through a series of rituals and harmonizing body and sound therapies. Watsu (aquatic bodywork) relieves any tension of the body and the mind through hydrotherapeutic moves and stretches in the city’s only dedicated pool for the treatment.

Those looking for smart solutions to aid recovery from their travels, the adjacent Biohack Recovery Lounge is equipped with state-of-the-art recovery devices such as compression therapy.

Six Senses Spa Kyoto also offers integrated wellness programs ranging from a halfday to six days for both hotel guests and external visitors, with a focus on Sleep, Detox, Yoga, and Fitness.

Culinary Journey Through Japan’s 24 Seasons

GuidedbytheEatWithSixSensesethos, thehotel'sfoodandbeverageofferingtake guestsonajourneythroughtheancient Japanesecalendar.Sekki,theall-day diningrestaurant, featureshyper-seasonal weeklymenusanddrinksinspiredby Japan's24solarterms.ExecutiveChef HirokiShishikura'scloserelationshipswith localfarmersandproducersensurefirsthandaccesstoseasonalproduce.The menuhighlightsaveg-forwardlineup celebratingartisanallocalandsustainable ingredients,complementedbyacarefully sourcedmeatandseafoodselection.The nose-to-tailandroot-to-stemcooking principlesensureallmenusareasflavorful astheyaresustainable.

AsChefHirokiexplains,“Seasonalityis akeyconceptinourculturethatwe celebratethroughtraditionalevents, nature,andfood.Weshowappreciation forwhatnaturegivesusand,asan islandcountry,weareblessedwithan abundanceofproducethroughoutthe year.Weincorporatethisconceptintoour menubyworkingwithlocalproducersand artisanstoprovideultra-seasonalproduce thatvariesweek-by-week. So,everytime youvisitSekki,there’salwaysamoment ofdiscoveryandsurpriseinthedining experience.”

Thehotel’sinaugurationalignswith Japan’s‘GrainRain’solarseason,marking theshiftfromspringtosummer, observablethroughthegentletransition fromdelicateleafy greensandmountain vegetablestovibrant, robustandhearty producesuchassummerstrawberries.

TheadjacentCaféSekkiboastsaselection offreshbrews,craftteas,homemade kombucha,healthyjuices,andguilt-free sweetsandpastriesusingonlynatural ingredientsandtraditionalfermentation techniques.NineTails,thespeakeasy cocktailbar,offersevocativespirited creationsalongsidethoughtfullydesigned non-alcoholicoptionscraftedfrom artisanalcondimentsandhomemade syrupandcordials.

Sustainability and the Community

Sustainability remains the core of the hotel’s values and operations and is clear from the eco-centric design and construction to operational practices and local contributions. Guests can join a sustainability tour, explore interactive workshops at the Earth Lab, or create natural body products at the Alchemy Bar, all designed to foster a deeper understanding and connection with local culture and sustainable practices.

The dedicated Sustainability Fund supported by 0.5 percent of the hotel’s revenue is in place that will support locally based organizations, Biotope Network Kyoto and Council for Kyoto Traditional Forest Culture, in regenerating, conserving, and educating younger generations on forestry revitalization and its cultural value.

Now in Kyoto

Celebrating the brand’s entry and first urban hotel in Japan, the hotel is offering a limited-time opening offer Now in Kyoto to help guests find their inner sanctuary, with savings on accommodation, including breakfast and hotel credits applicable to hotel dining and signature spa treatments. Rates starting from USD 1,002 per room per night, available to book through sixsenses.com/kyoto.

Guests are welcome to explore IHG One Rewards, one of world’s largest loyalty programs, for the next getaway in Kyoto while earning points with every stay and a range of points redemption offerings.

www.ihgplc.com

Sekki takes guests on a culinary journey through the 24 micro-seasons of the ancient Japanese calendar; guided by the Eat With Six Senses ethos, the veg-forward menu lineup celebrates carefully sourced local and sustainable ingredients.