Business Enquirer Magazine | Issue 128 | August 2024

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BRITISH VIRGIN ISLANDS AIRPORTS AUTHORITY

GROWTH PLANS OF AIRPORTS AUTHORITY SET TO BOLSTER

ANGLO GOLD

ASHANTI

NEW WORLD

RECORD SET AT OBUASI MINE

MOMA GROUP

THE ART OF SPREADING HAPPINESS

THE ROYAL NORFOLK SHOW A TRIUMPH FOR AGRICULTURE AND BUSINESS

PARIS OLYMPICS A CELEBRATION OF SPORT AND SUSTAINABILITY

A WORD FROM OUR TEAM

Welcome to the August 2024 Edition of Business Enquirer - Issue 128!

This month, we’re thrilled to feature the 2024 Paris Olympics, known as the Games of the XXXIII Olympiad. From July 26th to August 11th, Paris will host the Summer Olympics for the third time, following the historic 1900 and 1924 Games. This year’s Olympics are not just a sporting event but a grand celebration of athletic excellence, cultural exchange, and sustainability initiatives.

The 2024 Paris Olympics are particularly special as they coincide with the centenary of the 1924 Paris Olympics. This milestone underscores Paris’s long standing legacy in international sports. From the charming streets of Montmartre to the sleek designs of La Défense, Paris promises a picturesque backdrop for this global celebration.

In this edition, we also highlight the remarkable strides made by Eurostar International Limited. Following its merger with Thalys, the Eurostar Business Team has been on an impressive trajectory. Managing a portfolio of around 200 corporate clients, 15 travel management companies (TMCs), and approximately 3,000 Eurostar for Business accounts across the UK, France, Belgium, Netherlands, and Germany, Eurostar is revolutionizing corporate travel. With features like Business Premier Class, the Eurostar Frequent Traveller program, tailored corporate solutions, and a firm commitment to sustainability, Eurostar makes cross-Channel trips efficient and enjoyable.

Next, we turn to the British Virgin Islands (BVI), where significant developments are underway in airport operations. The BVI Airports Authority is enhancing services at Terrance B. Lettsome International Airport, Auguste George Airport, and Virgin Gorda Airport. The introduction of direct, non-stop flights from Miami by American Airlines in June 2023 significantly eases access to the BVI from the U.S. East Coast, marking an exciting era for BVI tourism.

Additionally, we bring you an exclusive feature on the Top 10 CISOs (Chief Information Security Officers). These unsung heroes are integrating robust security measures into their companies’ strategies, crucial in safeguarding information and maintaining trust in the digital age.

These stories are just a glimpse of what this edition has to offer. Each narrative provides insights into the passion, innovation, and determination driving these companies and leaders forward. We hope you find these stories as inspiring as we do.

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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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

THE QUANTUM LEAP: A GLIMPSE INTO THE FUTURE OF QUANTUM COMPUTING NEWS 012

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BUSINESS PARTNER UPDATES

INTERNATIONAL HOTEL GROUP

RAJIT SUKUMARAN AND VIVEK BHALLA EXPAND THEIR REMIT TO DRIVE IHG’S GROWTH AND PERFORMANCE IYC

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LEADING THE WAY IN A DIGITAL REVOLUTION NEWS 020

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DRIVING TOWARDS A GREENER FUTURE: SUSTAINABILITY IN THE AUTOMOTIVE SECTOR

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IYC ANNOUNCES “IYC: MAKE IT GREEN” INITIATIVE TO ADDRESS ENVIRONMENTAL CHALLENGES AND PROMOTE SUSTAINABILITY

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UNITED ARAB EMIRATES

WORLD FOOD PROGRAM THE POSITIVE INFLUENCE OF THE WORLD FOOD PROGRAMME IN THE UAE

H.E. MARIAM BINT MOHAMMED SAEED HAREB AL MHEIRI PIONEERING SUSTAINABILITY IN THE UAE FOOD SECTOR

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GHITHA HOLDING

FOSTERING INNOVATION AND SUSTAINABILITY IN THE UAE FOR FUTURE GROWTH

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ANGLO GOLD ASHANTI

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PARTNER UPDATES

RAJIT SUKUMARAN AND VIVEK BHALLA EXPAND THEIR REMIT TO DRIVE IHG’S GROWTH AND PERFORMANCE

Hotel executives step up as expansion continues across region

Singapore, 22 July 2024: Rajit Sukumaran has taken on an expanded role as IHG Hotels & Resorts’ Senior Vice President & Managing Director, East Asia & Pacific (EAPAC) to oversee its growth, performance and reputation in more than 20 countries.

Rajit – celebrating 20 years in the hospitality industry – brings a wealth of experience to his newly-created position having led IHG’s South East Asia & Korea (SEAK) business unit over the past four years, during which he developed a deep knowledge of the Asia Pacific region and managed teams across multiple markets. Previously, he oversaw the regional strategy for IHG’s brands growth as Chief Development Officer, Europe, Middle East, Asia & Africa (EMEAA).

“With so many opportunities to turbocharge our growth across East Asia & Pacific, I’m honoured and excited to be taking on this expanded role to lead IHG’s business in the region,” said Rajit Sukumaran, SVP and Managing Director, East Asia & Pacific, IHG Hotels & Resorts. “We have a strong team of local market experts who are energised by our culture of firsts and have built a reputation for delivering for owners and guests in the world’s favourite destinations.”

With Rajit taking on an expanded role, Vivek Bhalla has been promoted to IHG’s Managing Director, SEAK with responsibility for the growth, performance and operations of its estate of more than 120 hotels across 10 brands, and a pipeline of over 90 properties.

Vivek has been with the company since 2016, most recently spending four years as Vice President, Operations, SEAK, before which he had two years in India as Regional Vice President / Head of South West Asia. A veteran of the industry, he has also held commercial and operations roles for a range of hospitality companies across Asia Pacific.

“The South East Asia & Korea division is growing fast, across this diverse and vibrant part of the world, in partnership with our hotel owners,” said Bhalla. “I’m proud to be leading the division and working alongside our talented teams to elevate our performance, expand our estate and provide opportunities for career growth in this dynamic industry.”

Matt Tripolone, Managing Director, Australasia & Pacific and Abhijay Sandilya, Managing Director, Japan & Micronesia continue in the roles and join the East Asia & Pacific Leadership team.

Vivek Bhalla, Managing Director, South East Asia & Korea (SEAK)
Rajit Sukumaran, Senior Vice President & Managing Director, East Asia & Pacific (EAPAC)

IYC ANNOUNCES “IYC: MAKE IT GREEN” INITIATIVE TO ADDRESS ENVIRONMENTAL CHALLENGES AND PROMOTE SUSTAINABILITY

In an effort to address environmental challenges and promote sustainability, IYC is proud to announce the launch of its core Green team, “IYC: Make It Green”. This initiative aims to reduce the company’s carbon footprint, minimize waste, and conserve resources and energy.

As businesses play a crucial role in environmental stewardship, IYC recognizes the importance of adopting sustainable practices. By implementing the “IYC: Make It Green” program, the company is taking proactive steps towards a greener future.

The Green team will focus on several key actions to achieve its sustainability goals. These actions include waste reduction in company offices, the establishment of Green Guidelines for internal staff as well as captains and crew, prioritizing suppliers and partners who share a commitment to sustainability, active participation in local environmental events, and the organization of worldwide initiatives such as beach cleans.

To kickstart this endeavor, IYC Monaco has signed the ‘National Energy Transition Pact’ with the Monaco Government. This partnership solidifies the company’s dedication to sustainable practices and outlines specific commitments, including waste reduction in office spaces, the implementation of Green Guidelines, and active involvement in local environmental events.

Raphael Sauleau, CEO of IYC commented, “It is our responsibility to lead by example and prioritize sustainability. By reducing our carbon footprint and conserving resources, we are not only protecting the

environment but also ensuring a better future for generations to come.”

The “IYC: Make It Green” initiative will be rolled out across all 15 IYC offices globally, with volunteers and local ambassadors joining in the company’s efforts. “We see action today with impact on the future,” added Sauleau. “We recognize the value in long-term commitments to leaving a better world for future generations. By working together, we can make a significant difference in preserving our planet.”

www.iyc.com

THE QUANTUM LEAP: A GLIMPSE INTO THE FUTURE OF QUANTUM COMPUTING

In the bustling corridors of technology giants and the serene silence of research labs, a revolution is unfolding—one that promises to redefine the very fabric of computation. Quantum computing, a field that was once confined to theoretical musings and rudimentary experiments, is rapidly approaching a tipping point. The implications are vast, spanning industries from pharmaceuticals to finance, and the race to harness this technology is heating up. Leading the charge are some of the world's most formidable companies, each vying to make quantum computing a cornerstone of the future.

The Titans of Quantum Computing IBM: The Quantum Pioneer

IBM has long been at the forefront of quantum computing. The company's IBM Q Network is a testament to its commitment to this revolutionary technology. IBM's quantum processors, accessible via the cloud, have democratized quantum computing, enabling researchers, developers, and enterprises worldwide to experiment with quantum algorithms and explore practical applications. Arvind Krishna, IBM's Chairman and CEO, encapsulates the company's vision: "Quantum computing will transform industries by solving problems that are currently intractable. Our goal is to lead this transformation."

One of IBM's flagship projects is the development of a 1,000-qubit quantum computer by 2023. This ambitious endeavor, part of IBM's Quantum Roadmap, aims to scale up the power and reliability of quantum systems, making them more accessible and practical for real-world applications. IBM's efforts are not just about building more powerful machines but also about creating an ecosystem that fosters innovation and collaboration.

Google: Quantum Supremacy and Beyond

Google made headlines in 2019 with its claim of achieving quantum supremacy. This milestone, where its quantum computer Sycamore performed a calculation that would be infeasible for classical computers, was a significant leap forward. Sundar Pichai, CEO of Alphabet Inc. and Google, highlighted the importance of this achievement: "This is a significant milestone towards making quantum computing practical and usable."

Google's quantum computing team, known as Google AI Quantum, continues to push the envelope. They are exploring quantum error correction, a critical aspect of making quantum computers more reliable. The company's vision extends beyond hardware; they are also developing algorithms that could potentially revolutionize fields such as cryptography, material science, and artificial intelligence.

Microsoft: Quantum Computing in the Cloud

Microsoft's approach to quantum computing is unique, focusing on a full-stack, scalable quantum computing system. Azure Quantum, Microsoft's cloudbased quantum computing platform, offers access to a diverse set of quantum solutions. Satya Nadella, Microsoft's CEO, articulates the company's strategy: "Our goal is to empower every developer and organization on the planet to achieve more through quantum computing."

Microsoft's topological qubit, a theoretical concept with the potential for more stable quantum computations, is at the heart of its research. If successful, this could overcome one of the biggest challenges in the field: maintaining qubit coherence. Microsoft's efforts are also geared towards integrating quantum computing with classical computing resources, creating hybrid systems that can tackle complex problems more efficiently.

Intel: Quantum Computing Meets Classical Expertise

Intel brings its extensive expertise in semiconductor manufacturing to the quantum computing arena. The company's focus on developing siliconbased qubits leverages existing fabrication technologies, potentially speeding up the transition from lab to market. Bob Swan, Intel's former CEO, emphasized the synergy between quantum and classical computing: "Quantum computing will work in tandem with classical computing to solve complex problems."

Intel's Horse Ridge cryogenic control chip is a noteworthy innovation aimed at simplifying the control of quantum systems. By integrating control functions directly on the chip, Intel aims to reduce the complexity and improve the scalability of quantum computers.

Use Cases and Projects: The Quantum Advantage

The potential applications of quantum computing are as diverse as they are transformative. Here, we delve into some of the most promising use cases and ongoing projects.

Pharmaceuticals: Accelerating Drug Discovery

Quantum computing holds the promise of revolutionizing drug discovery by simulating molecular interactions with unprecedented accuracy. Traditional supercomputers struggle with the complexity of these simulations, but quantum computers can potentially solve these problems in a fraction of the time. Companies like Biogen are collaborating with quantum computing firms to explore this potential. Michel Vounatsos, CEO of Biogen, notes, "Quantum computing could significantly accelerate the process of finding new treatments for diseases."

QUANTUM COMPUTING NEWS

Finance: Optimizing Portfolios and Managing Risk

The finance industry stands to gain immensely from quantum computing. Complex optimization problems, such as portfolio management and risk assessment, can be tackled more efficiently with quantum algorithms. Goldman Sachs, for instance, is exploring the use of quantum computing to enhance its trading strategies and risk management practices. David Solomon, CEO of Goldman Sachs, remarks, "Quantum computing will enable us to solve problems that are currently beyond our reach."

Logistics: Enhancing Supply Chain Efficiency

Quantum computing can revolutionize logistics by optimizing supply chain operations. From route optimization to inventory management, quantum algorithms can handle the complexity of these tasks far better than classical methods. Volkswagen has partnered with quantum computing firms to develop traffic management solutions that could significantly reduce congestion in urban areas. Herbert Diess, CEO of Volkswagen, envisions, "Quantum computing will help us create smarter, more efficient transportation systems."

Cryptography: Ensuring Security in a Quantum World

While quantum computing poses a threat to current cryptographic methods, it also offers solutions for future security. Quantum key distribution (QKD) is a technique that leverages quantum mechanics to create secure communication channels. Companies like ID Quantique are pioneering this technology, ensuring that data remains secure even in a post-quantum world. Gregoire Ribordy, CEO of ID Quantique, emphasizes, "Quantum cryptography is essential for securing our digital future."

QUANTUM COMPUTING NEWS

Artificial Intelligence: Enhancing Machine Learning

Quantum computing could provide a significant boost to artificial intelligence by accelerating machine learning algorithms. This synergy can lead to more accurate models and faster training times. IBM, for example, is integrating quantum computing with its AI research to explore new frontiers in natural language processing and computer vision. Dario Gil, Director of IBM Research, explains, "Quantum computing will unlock new possibilities in AI that we can't even imagine today."

The Road Ahead: Challenges and Opportunities

Despite the tremendous potential, quantum computing faces several challenges. One of the most significant hurdles is error correction. Quantum bits, or qubits, are incredibly fragile and prone to errors due to decoherence and noise. Developing robust error correction techniques is crucial for building practical quantum computers. Google's research into quantum error correction is a step in this direction, but much work remains to be done.

Another challenge is scalability. Current quantum systems are limited in the number of qubits they can effectively manage. Companies like IBM and Intel are working on innovative solutions to scale up quantum computers, but it will take time to achieve the necessary breakthroughs. As Bob Swan of Intel remarked, "Scaling quantum computing is akin to scaling classical computing in its early days. It requires a combination of innovation, investment, and collaboration."

The future of quantum computing is also intertwined with classical computing. Hybrid systems that leverage the strengths of both quantum and classical computers are likely to be the first practical applications of this technology. Microsoft's vision of integrating quantum computing with Azure's classical computing resources exemplifies this approach. As Satya Nadella points out, "Quantum computing will complement, not replace, classical computing. Together, they will solve problems we can't even fathom today."

The Quantum Ecosystem: Collaboration and Innovation

The development of quantum computing is not confined to a few tech giants. A vibrant ecosystem of startups, research institutions, and academic collaborations is driving innovation. Companies like Rigetti Computing and D-Wave Systems are making significant contributions with their unique approaches to quantum hardware and software. Academic institutions, including MIT and Caltech, are at the forefront of theoretical research and experimental advancements.

Government initiatives also play a crucial role in fostering the growth of quantum computing. The U.S. National Quantum Initiative Act, for instance, aims to accelerate quantum research and development through funding and collaboration between public and private sectors. Similarly, the European Union's Quantum Flagship program is investing heavily in quantum technologies, with a focus on building a competitive and sustainable ecosystem.

Voices from the Quantum Frontier

Leaders in the quantum computing field are optimistic about the future but acknowledge the challenges ahead. John Preskill, a theoretical physicist at Caltech, famously coined the term "quantum supremacy." He reflects on the journey so far: "Achieving quantum supremacy was a monumental step, but it's just the beginning. The real challenge is making quantum computers practical and scalable."

Dario Gil of IBM Research shares a similar sentiment: "We are on the cusp of a new era in computing. Quantum computing will not only solve problems that are currently unsolvable but also open up new avenues of exploration that we can't even imagine today."

Likewise, Alan Baratz, CEO of D-Wave Systems, emphasizes the collaborative nature of the quantum computing journey: "The future of quantum computing depends on a collaborative effort between industry, academia, and government. Together, we can overcome the challenges and unlock the full potential of this transformative technology."

Conclusion: Embracing the Quantum Future

The future of quantum computing is both exhilarating and uncertain. The progress made by industry leaders like IBM, Google, Microsoft, and Intel is a testament to the potential of this technology. Yet, the journey is far from over. As we navigate the complexities of error correction, scalability, and integration with classical systems, the collaborative efforts of a global ecosystem will be paramount.

Quantum computing promises to revolutionize industries, solve intractable problems, and unlock new realms of knowledge. It is a testament to human ingenuity and our relentless pursuit of progress. As we stand on the brink of this quantum leap, the words of IBM's Arvind Krishna resonate: "We are not just building a new type of computer; we are opening the door to a new frontier of possibilities." In this exciting and unpredictable journey, one thing is certain: the quantum future is unfolding, and it holds the promise of a new era of technological and scientific breakthroughs. As we embrace this future, the world will witness a transformation that echoes the profound impact of classical computing, heralding a new dawn in the age of quantum computing.

The global business landscape is undergoing a seismic shift as companies increasingly digitize their supply chains. This transformation is driven by the need for greater efficiency, agility, and resilience in the face of unprecedented disruptions. Leading this digital revolution are some of the world’s largest and most innovative companies. Through strategic initiatives, cutting-edge technologies, and visionary leadership, these industry giants are setting new standards for what modern supply chains can achieve.

The Pioneers of Digital Supply Chains

Several global companies have emerged as trailblazers in the digitization of supply chains. Among them, Amazon, Walmart, and Maersk stand out for their comprehensive and forward-thinking approaches.

Amazon: The Epitome of Innovation

Amazon's supply chain is often hailed as the gold standard for efficiency and innovation. The company leverages a vast array of technologies, including artificial intelligence (AI), machine learning (ML), and robotics, to streamline operations and enhance customer experiences.

In 2020, Amazon launched the "Amazon Pharmacy" project, an initiative that exemplifies its innovative spirit. By integrating pharmacy services into its supply chain, Amazon has created a seamless experience for customers to order prescription medications online, which are then delivered swiftly using its extensive logistics network. This project underscores Amazon's commitment to leveraging technology to expand its service offerings and optimize its supply chain.

Jeff Wilke, CEO of Amazon Worldwide Consumer, highlighted the importance of digital transformation: "Our focus has always been on the customer. By harnessing advanced technologies, we can meet and exceed customer expectations while driving operational efficiencies."

TRANSFORMATION LEADING THE WAY IN A DIGITAL REVOLUTION

Walmart: The Digital Evolution of Retail

Walmart, the world’s largest retailer, has also made significant strides in digitizing its supply chain. The company's efforts are centered around improving visibility, efficiency, and responsiveness.

One notable initiative is Walmart's partnership with IBM to implement blockchain technology for food traceability. This project, known as the "Food Trust Blockchain," allows Walmart to trace the origin of food products in seconds, significantly reducing the time it takes to identify and address issues related to food safety. This transparency not only enhances consumer trust but also minimizes waste and inefficiencies in the supply chain.

Doug McMillon, Walmart’s CEO, emphasized the transformative impact of digital technologies: "By embracing technologies like blockchain, we can revolutionize how we track and manage our supply chain, ensuring safety, quality, and sustainability."

Maersk: Navigating the Digital Seas

In the realm of global shipping, Maersk has been a leader in adopting digital solutions to enhance its supply chain operations. The company has focused on leveraging data analytics and IoT (Internet of Things) to improve efficiency and visibility across its vast network.

Maersk's "TradeLens" platform, developed in collaboration with IBM, is a prime example of its digital initiatives. TradeLens is a blockchain-based platform that facilitates secure and transparent information sharing among all parties involved in a shipment. By digitizing the documentation process and providing real-time tracking, TradeLens has reduced the time and cost associated with shipping, while also enhancing security and reducing fraud.

Søren Skou, CEO of Maersk, highlighted the strategic importance of digital transformation: "Digitalization is not just about technology; it's about transforming our business to deliver better customer experiences, increase efficiency, and create new value."

Key Use Cases in Supply Chain Digitization

The digital transformation of supply chains is being driven by several key use cases, each demonstrating the tangible benefits of advanced technologies.

Enhanced Visibility and Transparency

One of the most significant advantages of digital supply chains is enhanced visibility. By leveraging IoT sensors, GPS tracking, and blockchain technology, companies can gain real-time insights into the location and condition of goods throughout the supply chain.

For example, pharmaceutical giant Pfizer has implemented IoT sensors to monitor the temperature and humidity of its vaccine shipments. This ensures that vaccines are stored and transported under optimal conditions, maintaining their efficacy and safety. This level of transparency is crucial for maintaining trust and compliance in the pharmaceutical industry.

Predictive Analytics and Demand Forecasting

Predictive analytics and machine learning are transforming how companies forecast demand and manage inventory. By analyzing historical data and market trends, these technologies can provide accurate predictions, enabling companies to optimize inventory levels and reduce waste.

Procter & Gamble (P&G) has been at the forefront of utilizing predictive analytics to streamline its supply chain. The company uses AI algorithms to predict consumer demand and adjust production schedules accordingly. This approach has not only reduced stockouts and excess inventory but also improved customer satisfaction by ensuring that products are available when and where they are needed.

Automation and Robotics

Automation and robotics are revolutionizing warehouse and distribution center operations. Automated guided vehicles (AGVs), robotic picking systems, and drones are enhancing efficiency, accuracy, and safety in warehouses.

DHL, a global logistics leader, has extensively deployed robotics in its warehouses to improve operational efficiency. The company's "Robotics Hub" in Germany serves as a testing ground for innovative robotic solutions. By integrating robots for tasks such as picking, packing, and sorting, DHL has significantly reduced labor costs and increased throughput, setting new benchmarks for warehouse productivity.

SUPPLY CHAIN

Leadership Perspectives on Digital Transformation

The success of supply chain digitization initiatives hinges on visionary leadership and a commitment to innovation. Senior leaders from pioneering companies have shared their insights on the transformative impact of digital technologies.

Jeff Bezos, Amazon

"At Amazon, we've always believed in the power of technology to solve complex problems. Our investments in AI, robotics, and machine learning are driven by our relentless focus on the customer. By continuously innovating our supply chain, we can deliver better experiences and create new value for our customers."

Doug McMillon, Walmart

"Digital transformation is not a choice; it's a necessity. At Walmart, we're leveraging technologies like blockchain and AI to enhance our supply chain's efficiency, transparency, and sustainability. Our goal is to create a supply chain that not only meets the demands of today but anticipates the needs of tomorrow."

Søren Skou, Maersk

"Digitalization is a strategic priority for Maersk. By adopting technologies like blockchain and IoT, we're transforming our operations to deliver greater value to our customers. The TradeLens platform is a testament to our commitment to innovation and our vision for a more efficient and transparent global trade ecosystem."

The Road Ahead: Challenges and Opportunities

While the benefits of digital supply chains are clear, companies also face significant challenges in their transformation journeys. Integrating new technologies with legacy systems, ensuring data security, and managing change are critical hurdles that must be overcome.

Integration with Legacy Systems

Many companies operate on legacy systems that are not designed to support modern digital technologies. Integrating these systems with new digital solutions requires substantial investment and expertise. Companies must carefully plan their digital transformation strategies to ensure seamless integration and minimal disruption.

Data Security and Privacy

The increased use of digital technologies in supply chains raises concerns about data security and privacy. Cybersecurity threats are a significant risk, as supply chains involve sensitive information about products, customers, and transactions. Companies must implement robust security measures to protect their data and maintain trust with stakeholders.

Change Management

Digital transformation involves significant changes in processes, technologies, and organizational culture. Companies must effectively manage these changes to ensure successful implementation. This requires clear communication, employee training, and a culture that embraces innovation and continuous improvement.

NEWS SUPPLY CHAIN

Conclusion: Embracing the Future

The digitization of supply chains is not just a trend; it is a fundamental shift that is reshaping the global business landscape. Leading companies like Amazon, Walmart, and Maersk are setting the pace with their innovative approaches and strategic investments in technology. By embracing digital transformation, these companies are enhancing efficiency, transparency, and resilience, positioning themselves for success in an increasingly complex and competitive environment.

As the digital revolution continues to unfold, companies that are agile, forwardthinking, and willing to invest in cuttingedge technologies will be best positioned to thrive. The journey may be challenging, but the rewards are substantial. Enhanced visibility, predictive analytics, automation, and a culture of innovation are the cornerstones of the supply chains of the future. In this digital era, the supply chain is no longer just a support function; it is a strategic asset that can drive growth, create value, and deliver exceptional customer experiences.

By learning from the pioneers and adopting best practices, companies across industries can unlock the full potential of digital supply chains and navigate the complexities of the modern business world with confidence and agility. The future of supply chains is digital, and the time to embrace this transformation is now.

DRIVING TOWARDS A GREENER FUTURE: SUSTAINABILITY

IN THE AUTOMOTIVE

SECTOR

In the evolving landscape of the 21st century, sustainability has become a crucial focal point across various industries. One sector at the forefront of this transformation is the automotive industry, driven by the dual imperatives of mitigating environmental impact and meeting the demands of a more ecoconscious consumer base. This article delves into the strategies and initiatives of leading automotive companies, including BMW, Porsche, Tesla, and Volkswagen (VW), exploring their innovative approaches to sustainability and the broader implications for the future of mobility.

The Drive for Sustainability: An Industry in Transition

The automotive sector is a significant contributor to global carbon emissions, accounting for approximately 24% of CO2 emissions from fuel combustion, according to the International Energy Agency (IEA). As a result, the industry faces mounting pressure from governments, environmental organizations, and consumers to reduce its carbon footprint. The response from major automakers has been a concerted effort to innovate, adopting new technologies and business models that prioritize sustainability.

BMW: Pioneering a Green Revolution

BMW has been at the vanguard of sustainable automotive innovation. The company's commitment to sustainability is encapsulated in its strategy, which emphasizes efficient resource use, reduced emissions, and the development of sustainable mobility solutions.

Projects and Initiatives

BMW’s flagship initiative in sustainability is the BMW i series, which includes the BMW i3 and i8. These vehicles are designed with sustainability in mind, utilizing lightweight materials such as carbon fiber-reinforced plastic (CFRP) to enhance fuel efficiency and reduce emissions. The i3, an all-electric vehicle, boasts an impressive range while maintaining a minimal environmental footprint.

Leadership Perspective

Oliver Zipse, Chairman of the Board of Management of BMW AG, has articulated the company’s vision: “Sustainability is an integral part of our corporate strategy. It’s about reducing emissions, but also about resource conservation and the circular economy. We are driving the transformation towards sustainable mobility.”

Porsche: Blending Performance with Environmental Responsibility

Porsche, renowned for its highperformance sports cars, has also embarked on a journey towards sustainability. The challenge for Porsche has been to maintain its hallmark performance while significantly reducing environmental impact.

Projects and Initiatives

The Porsche Taycan, the brand’s first all-electric sports car, exemplifies this balance. The Taycan combines Porsche’s legendary performance with cutting-edge electric vehicle (EV) technology, offering a powerful and exhilarating driving experience with zero emissions.

Porsche is also investing in e-fuels, synthetic fuels produced from renewable energy sources. These e-fuels can be used in traditional internal combustion engines, providing a sustainable alternative to conventional fossil fuels. Porsche's pilot project in Chile aims to produce e-fuels at scale, potentially revolutionizing the industry by enabling existing vehicles to operate sustainably.

Leadership Perspective

Oliver Blume, Chairman of the Executive Board of Porsche AG, emphasizes the importance of innovation: “We are committed to a holistic approach to sustainability that goes beyond electrification. By investing in e-fuels and renewable energy, we aim to make a significant contribution to reducing CO2 emissions globally.”

Tesla: The Catalyst for Change

Tesla has been a disruptive force in the automotive industry, spearheading the shift towards electric vehicles. The company’s mission, “to accelerate the world’s transition to sustainable energy,” has driven its relentless innovation and market dominance.

Projects and Initiatives

Tesla’s Model S, Model 3, Model X, and Model Y have set new benchmarks for EV performance, range, and affordability.

The company’s Gigafactories, designed to produce batteries and vehicles at scale, are integral to its strategy of reducing costs and increasing accessibility to EVs.

Moreover, Tesla's focus extends beyond vehicles. The company’s energy products, including solar panels and the Powerwall energy storage system, aim to create a comprehensive ecosystem for sustainable energy. This holistic approach ensures that Tesla’s impact on sustainability is multifaceted, addressing both mobility and energy needs.

Leadership Perspective

Elon Musk, CEO of Tesla, is known for his visionary statements: “We are committed to developing and manufacturing the best electric vehicles and energy storage systems in the world. Our goal is to create products that have a positive impact on the environment and contribute to a sustainable future.”

Volkswagen: A Commitment to Transformation

Volkswagen Group, one of the largest

automotive manufacturers globally, has made substantial commitments to sustainability, particularly in the wake of the diesel emissions scandal that tarnished its reputation. The company has since redirected its focus towards becoming a leader in electric mobility.

Projects and Initiatives

VW’s ID. family of electric vehicles, including the ID.3 and ID.4, represents the cornerstone of its sustainability strategy. These models are designed to be accessible and practical, catering to a

broad consumer base and accelerating the adoption of electric vehicles.

The company’s “Way to Zero” initiative aims to achieve carbon neutrality by 2050. This comprehensive plan includes transitioning to renewable energy for production, increasing the proportion of electric vehicles in its lineup, and investing in sustainable battery technologies.

Leadership Perspective

Herbert Diess, CEO of Volkswagen Group, highlights the company’s commitment: “Volkswagen is taking responsibility for the environment. Our goal is to become the world’s leading provider of sustainable mobility. We are making significant investments in electric vehicles and renewable energy to ensure a sustainable future.”

Broader Implications and Challenges

The push for sustainability in the automotive sector is not without challenges. Transitioning to electric vehicles and sustainable practices involves significant investment in research and development, new manufacturing processes, and infrastructure for EV charging. Additionally, there are concerns about the environmental impact of battery production and disposal, highlighting the need for advancements in battery technology and recycling methods.

However, the potential benefits are substantial. Sustainable practices in the automotive industry can lead to significant reductions in greenhouse gas emissions, decreased reliance on fossil fuels, and the creation of new economic opportunities in green technologies.

AUTOMOTIVE NEWS

Conclusion: Steering Towards a Sustainable Future

The journey towards sustainability in the automotive sector is underway, driven by the innovative efforts of companies like BMW, Porsche, Tesla, and Volkswagen. These industry leaders are not only developing cutting-edge technologies but are also redefining what it means to be a responsible corporate citizen in an era where environmental stewardship is paramount.

Their projects and initiatives, backed by visionary leadership, showcase the potential for a harmonious blend of performance, efficiency, and sustainability. As these companies continue to push the boundaries of innovation, they pave the way for a future where mobility is not only advanced but also aligned with the imperatives of environmental preservation.

In the words of Elon Musk, “The future is sustainable, and the path to that future is innovation.” The automotive sector’s embrace of sustainability signals a transformative shift that promises to drive the world towards a greener, more sustainable future.

LEADING THE WAY: A SPOTLIGHT ON THE WORLD’S

TOP 10 CISOs

The role of the Chief Information Security Officer (CISO) is critical in today’s digital age. As the primary executive responsible for an organization’s information and data security, the CISO plays a pivotal role in safeguarding an organization’s sensitive information from cyber threats. This involves not only implementing robust security measures but also educating employees about best practices, ensuring compliance with regulations, and staying ahead of the constantly evolving threat landscape. The importance of a CISO cannot be overstated, as they are integral in preventing data breaches that can lead to significant financial and reputational damage.

TOP 10 GLOBAL CSOs

KEVIN CROSS

SVP, CISO, Dell Technologies Kevin Cross serves as SVP and CISO for Dell Technologies’ Security and Resiliency Organization. He has extensive experience in leading incident analysis, threat intelligence, ethical hacking, forensics, and vulnerability management. Prior to Dell, Cross was VP and Deputy CISO at Sony, where he developed world-class security operations centers.

JUAN GOMEZ-SANCHEZ

Whirlpool Corporation

As the VP and Global CISO at Whirlpool Corporation, Juan Gomez-Sanchez oversees the company’s information security initiatives. He has a rich background in IT security and has been pivotal in enhancing Whirlpool’s cybersecurity framework. His responsibilities include developing security policies, managing risk assessments, and ensuring compliance with industry standards. Gomez-Sanchez’s strategic vision and leadership have played a crucial role in protecting Whirlpool’s global operations from cyber threats, thereby securing its market position.

BRENT CONRAN

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VP Chief Information Security Officer GM Infrastructure Intel Brent Conran, Intel’s CISO, has a background in executive leadership roles as CIO, CISO, and CSO. He specializes in business transformation, strategic planning, and organizational change management. Conran’s recent roles include strategic planning and management for a global corporation with annual revenues of $68 billion, and serving as CIO and CISO for the US House of Representatives.

GARY HARBISON

Global Chief Information Security Officer, Johnson & Johnson

Gary Harbison has over 19 years of experience in the infosec domain, including roles at multiple global Fortune 500 companies and the US Department of Defense. He has developed security and risk management programs that evolve with changing business needs and threats. Harbison is also an advisor to several cybersecurity startups and a frequent industry speaker.

GEORGE STATHAKOPOULOS

Vice President of Corporate Information Security at Apple George Stathakopoulos is Apple’s Vice President of Corporate Information Security. He has a history of working in the consumer electronics industry, focusing on scalability, enterprise software, and vulnerability assessment. Prior to Apple, he was Vice President of Information Security at Amazon and General Manager of Product Security at Microsoft.

PHIL VENABLES

VP - Google / Chief Information Security OfficerGoogle Cloud

Phil Venables is the CISO of Google Cloud, where he leads risk, security, compliance, and privacy teams. Before joining Google in 2020, Venables spent over 25 years as a CISO at various financial services companies, including Goldman Sachs, where he was the first CISO. His expertise in information and cyber security, cloud services, and enterprise risk is extensive and multifaceted.

KEVIN WINTER

Deloitte

Kevin Winter is the Global CISO at Deloitte, bringing over 20 years of experience in cybersecurity. Winter is responsible for developing and implementing Deloitte’s global security strategies, ensuring that client data and internal operations are protected. His approach involves continuous risk assessment, advanced threat monitoring, and comprehensive security training programs for employees. Winter’s leadership has been pivotal in maintaining Deloitte’s reputation as a secure and trustworthy professional services firm.

BRET ARSENAULT

CVP, Chief Cybersecurity Advisor at Microsoft

As the Chief Cyber Security Advisor for Microsoft, Bret Arsenault is responsible for enterprise-wide information security, compliance, and business continuity efforts. He leads a global team of security professionals and chairs Microsoft’s Information Risk Management Council. Arsenault’s ability to align engineering with executive vision has been key in building robust and successful security programs at Microsoft.

CJ MOSES

Chief Information Security Officer and VP of Security Engineering at Amazon CJ Moses leads security engineering and operations across Amazon. He ensures that security measures are integral to Amazon’s business processes. Before joining Amazon in 2007, Moses had a distinguished career in the US Federal Government, including roles with the FBI and the US Air Force Office of Special Investigations. He succeeded former AWS CISO Stephen Schmidt in 2022 and became the CISO of Amazon in October 2023.

JERRY GEISLER

EVP & Global CISO at Walmart

Jerry Geisler serves as the Senior Vice President and Global CISO of Walmart’s information security department. He oversees data security for millions of customers and associates. Under Geisler’s leadership, Walmart’s Information Security program is considered an industry leader, focusing on best practices, innovation, and business enablement across IT, OT, cloud, platform, and product security domains. Geisler is an armed forces veteran and has been with Walmart for over three decades, starting as a cashier and rising to his current position.

THE POSITIVE INFLUENCE OF THE WORLD FOOD PROGRAMME IN THE UAE

The United Arab Emirates (UAE) has emerged as a key player in the global humanitarian landscape, thanks to its partnership with the World Food Programme (WFP). The collaboration between the UAE and WFP has not only bolstered the global fight against hunger but also fostered a culture of philanthropy and international cooperation within the UAE.

Enhancing Food Security

One of the most significant impacts of the WFP in the UAE has been the enhancement of food security. The UAE, despite being a wealthy nation, recognizes the importance of global food

security and has actively participated in initiatives aimed at alleviating hunger worldwide. Through its partnership with the WFP, the UAE has contributed substantial financial and logistical support to ensure food reaches the most vulnerable populations in crisis-hit areas.

The UAE’s support has enabled the WFP to implement effective food assistance programs in regions affected by conflict, natural disasters, and economic instability. For instance, the UAE has been instrumental in providing aid to countries like Yemen, Syria, and South Sudan, where millions of people face severe food shortages. The WFP’s logistical expertise, combined with the

UAE’s resources, has ensured that food aid is delivered swiftly and efficiently to those in need.

Promoting Innovation in Humanitarian Aid

The WFP’s presence in the UAE has also spurred innovation in the field of humanitarian aid. The UAE, known for its forward-thinking approach and technological advancements, has collaborated with the WFP to develop innovative solutions for food distribution and aid delivery. This includes the use of blockchain technology to improve the transparency and efficiency of food distribution systems.

Moreover, the UAE’s investment in research and development has facilitated the creation of sustainable agricultural practices and food production methods. By supporting projects that focus on improving crop yields and reducing food waste, the UAE and the WFP are working together to create a more sustainable and resilient global food system.

Building a Culture of Philanthropy

The collaboration between the WFP and the UAE has also had a profound impact on the local community, fostering a culture of philanthropy and volunteerism. The UAE government,

along with various non-governmental organizations and private sector partners, has launched numerous initiatives to raise awareness about global hunger issues and encourage community participation in humanitarian efforts.

Campaigns such as the UAE’s annual World Food Day celebrations and various fundraising events have successfully mobilized citizens and residents to contribute to the fight against hunger. Educational programs and partnerships with schools and universities have further ingrained the values of empathy and social responsibility among the younger generation.

Strengthening International Cooperation

The WFP’s influence in the UAE extends beyond immediate humanitarian assistance. It has strengthened the UAE’s role as a key player in international cooperation and diplomacy. By hosting regional offices and facilitating high-level discussions on food security, the UAE has positioned itself as a hub for humanitarian dialogue and collaboration.

The UAE’s commitment to supporting the WFP has garnered international recognition, enhancing its reputation as a compassionate and proactive member of the global community. This has opened doors for further partnerships and collaborations with other international organizations and countries, amplifying the impact of collective efforts to eradicate hunger.

The positive influence of the World Food Programme in the UAE is multifaceted, encompassing enhanced food security, innovation in humanitarian aid, the promotion of a philanthropic culture, and the strengthening of international cooperation. The UAE’s unwavering support for the WFP underscores its dedication to addressing global hunger and fostering a more equitable and sustainable world. Through continued collaboration and commitment, the WFP and the UAE are making significant strides in the fight against hunger, setting a powerful example for the rest of the world.

www.wfp.org

H.E. MARIAM BINT MOHAMMED SAEED HAREB AL MHEIRI PIONEERING SUSTAINABILITY IN THE UAE FOOD SECTOR

In the dynamic landscape of the United Arab Emirates, where economic growth and innovation are paramount, the focus on sustainable food systems has emerged as a critical priority. At the helm of this transformative movement is H.E. Mariam bint Mohammed Saeed Hareb Al Mheiri, the UAE Minister of Climate Change and Environment. Her strategic vision and relentless efforts are steering the UAE towards a more resilient and sustainable food future.

Visionary Leadership in Sustainability

H.E. Al Mheiri's approach to sustainability is comprehensive, addressing the myriad challenges posed by climate change, food security, and resource management.

Under her leadership, the UAE has initiated several groundbreaking projects aimed at reducing the environmental footprint of the food sector while enhancing its efficiency and resilience.

“Our goal is to ensure that everyone in the UAE has access to safe, nutritious, and sufficient food at all times,” said H.E. Al Mheiri. “By integrating sustainable practices into our food systems, we are not only protecting our environment but also securing the future for the next generations.”

One of the flagship initiatives is the National Food Security Strategy 2051, which outlines a robust framework for ensuring the availability and affordability of food in the UAE. This strategy emphasizes the importance of leveraging technology and innovation to enhance local food production, reduce waste, and promote sustainable agricultural practices.

Technological Innovations Driving Food Security

A cornerstone of H.E. Al Mheiri's strategy is the integration of cutting-edge technologies into the food sector. The UAE has made significant investments in agri-tech innovations, such as vertical farming, hydroponics, and aquaponics, which are well-suited to the arid climate of the region. These technologies not only maximize the use of limited water resources but also enable year-round production of fresh produce.

“We are harnessing the power of technology to transform our agricultural practices,” H.E. Al Mheiri explained. “Innovations such as vertical farming and hydroponics are crucial for enhancing our food security while ensuring sustainability.”

Moreover, the UAE has become a global leader in the adoption of artificial intelligence (AI) and blockchain technology in food supply chains. These technologies enhance traceability, reduce fraud, and ensure the safety and quality of food products. By fostering a tech-driven agricultural ecosystem, H.E. Al Mheiri aims to make the UAE a hub for sustainable food production and innovation.

Collaborative Efforts and Global Partnerships

H.E. Al Mheiri understands that achieving sustainability in the food sector requires a collaborative approach. The UAE has established numerous partnerships with international organizations, research institutions, and private sector entities to share knowledge and best practices. Notable collaborations include those with the Food and Agriculture Organization (FAO) and the International Center for Biosaline Agriculture (ICBA), which focus on developing climate-resilient crops and sustainable farming techniques.

“Global cooperation is essential for addressing the complex challenges of food security and sustainability,” said H.E. Al Mheiri. “Through our partnerships, we are exchanging knowledge and innovations that benefit not just the UAE, but the world.”

Additionally, the UAE hosts the annual Global Forum for Innovations in Agriculture (GFIA), a premier event that brings together stakeholders from around the world to discuss and showcase the latest advancements in agricultural sustainability. Under H.E. Al Mheiri's patronage, the GFIA has become a vital platform for fostering dialogue and innovation in the global food sector.

Community Engagement and Education

Recognizing the importance of community involvement in achieving sustainability goals, H.E. Al Mheiri has championed numerous educational and awareness programs. Initiatives such as the "Food for Life" campaign aim to educate citizens about the importance of sustainable consumption and waste reduction. These programs encourage individuals to adopt healthier and more environmentally friendly eating habits, contributing to the overall sustainability objectives of the nation.

“Education and awareness are key to driving sustainable change,” H.E. Al Mheiri emphasized. “By empowering our community with knowledge, we can foster a culture of sustainability that permeates every aspect of our lives.”

A Sustainable Future for the UAE

H.E. Mariam bint Mohammed Saeed Hareb Al Mheiri's leadership is driving significant advancements in the sustainability of the UAE's food sector. Her strategic initiatives and collaborative efforts are paving the way for a resilient and sustainable food system that can withstand the challenges of climate change and resource scarcity.

As the UAE continues to innovate and lead in the realm of sustainable agriculture, H.E. Al Mheiri's vision and dedication remain instrumental in shaping a future where food security and environmental sustainability go hand in hand. Her work serves as a testament to the UAE's commitment to building a sustainable and prosperous future for generations to come. “We are committed to creating a sustainable food system that is resilient, efficient, and capable of meeting the needs of our growing population,” H.E. Al Mheiri stated. “Together, we can achieve a future where food security and sustainability are not just goals, but realities.”

FOSTERING INNOVATION AND SUSTAINABILITY IN THE UAE FOR FUTURE GROWTH

GHITHA HOLDING PROJECT

DIRECTED BY: JAMIE WAITE

ARTICLE WRITTEN BY: LAURA WATLING

The United Arab Emirates government has made its determination clear when it comes to ensuring food security for the Middle East.

Aiming to achieve zero hunger in the region, the government’s National Strategy for Food Security aims to make the UAE the world’s best in the Global Food Security Index by 2051.

It also aims to develop a comprehensive national system based on enabling sustainable food production by using modern technologies and enhancing local production.

Amongst its goals, the strategy aims to develop international partnerships to diversify food sources; activate legislation and policies that contribute to improving nutrition, as well as initiate legislation and policies to reduce waste.

The strategy specifically aims to implement resilient agricultural practices that increase productivity and production, that help maintain ecosystems.

Supporting the country’s plans for food security is Ghitha Holding Company (Ghitha Holding), which represents the largest integrated food manufacturing, trading and distribution company in United Arab Emirates.

With a portfolio of more than 60 subsidiaries, associates, and joint ventures, its brands operate in six business segments including dairy, protein, fresh juice, fresh fruits and vegetables, manufacturing, trading and distribution, agriculture and investments.

“Ghitha Holding stands as a catalyst for economic transformation in the Middle East, known for its forward-thinking approach and commitment to investing in sectors that enhance food security, promote technological advancement, and create lasting value for the communities it serves,” shared Chief Executive Officer of Ghitha Holding, Mr.Falal Ameen.

He continued: “Through strategic investments and partnerships, Ghitha Holding continues to shape the future of the region by supporting diverse industries and driving sustainable development.

We contribute significantly to the food security of the UAE through the local supply of fresh dairy, poultry, fish, fruits and vegetables, as well as edible oils and grains”.

The Holding Company, encompassing notable brands such as Al Ain Farms, Al Ajban Poultry, NRTC Fresh Fruits & Vegetables, Advoc, Zee Stores International, Anina Culinary, Al Jaraf Fisheries, Royal Horizon and many more has implemented a comprehensive approach to addressing food security in the Middle East to support the UAE government’s plans.

This includes strategic investments across the agricultural value chain, supporting sustainable agriculture, empowering local farmers, enhancing food processing capabilities, promoting diversification, and fostering technological innovation.

Chief Executive Officer of Ghitha Holding, Mr. Falal Ameen

MANUFACTURING, TRADING & DISTRIBUTION GHITHA HOLDING

An Instrumental Contributor to the Middle East

Celebrating100%businessrevenue growthin2023,GhithaHoldingisone ofthefastestgrowingcompaniesinthe UAE, aswellasbeingoneofthelargest verticallyintegratedfoodmanufacturing anddistributionfoodcompaniesinthe region.

“Wearecommittedtocontributing towardsachievingtheUAE’sprimary missionto“diversify thenon-oileconomy” andFoodSecurityStrategytoattainthe toprankingintheGlobalFoodSecurity Indexby2051”,sharedMr.FalalAmeen.

GhithaHolding’sinitiativesinthefood sectorareinstrumentalindiversifyingthe MiddleEast’seconomy.

Byinvestinginagriculture,promoting foodsecurity,supportinglocalbusinesses, andintegratingtechnology,thebusiness contributessignificantlytosustainable economicdevelopmentandreducingthe country’sdependencyonsectorslikeoil andgas.

The company achieves this by implementing initiatives through five strategic pillars: Investment in Agriculture and Food Production; Promotion of Food Security; Support for Agribusiness and Small Farmers; Job Creation and Economic Growth; Integration of Technology and Innovation.

Ghitha Holding invests heavily in agriculture and food production infrastructure. This includes funding for modern farming techniques, irrigation systems, and agricultural projects aimed at increasing productivity and sustainability.

“By doing so, we are not only boosting the local food production but also reducing the country’s dependency on food imports,” explained Mr. Falal Ameen.

Meanwhile, by enhancing local food production capabilities, Ghitha Holding contributes to food security in the region. This is crucial for stability and resilience against external economic disruptions in food supply chains.

In addition, the Holding provides support to agribusinesses and small-scale farmers cooperation models.

This includes supporting milk production within the dairy industry as well as in egg hatching and layering.

This support further enables the expansion of the food sector by creating employment opportunities across various stages of production, from farming to processing and distribution.

“This contributes to broader economic growth and reduces unemployment rates in the region,” added Mr.Falal Ameen.

As an active stakeholder of driving the industry pace forward, Ghitha Holding integrates technology and innovation into the food sector, promoting efficiency and sustainability.

This includes the adoption of precision agriculture and food processing

technologies that improve yields and reduce environmental impact.

Commenting on the outlook for the UAE’s food sector, Mr. Falal Ameen highlighted that: “The region faces challenges related to dependency on imports, sustainability, climate conditions, but it also benefits from its strategic location, technological advancements, government support, and diverse consumer base.

Addressing these challenges while capitalizing on its advantages will be key to shaping a resilient and sustainable future for the UAE’s food sector. Diverse populations with varied dietary preferences, coupled with a thriving tourism sector, create opportunities for a wide range of food products and culinary experiences.

This diversity stimulates demand and innovation within the food industry,”. Emphasizing its commitment to innovation, Mr. Falal Ameen added that the business must be aware of the impact of technology on economic growth and the transformative role it plays in various sectors, including the food and distribution landscape.

“Embracing digital transformation and leveraging advancements like artificial intelligence, blockchain, and Internet of Things can enhance productivity, efficiency, and innovation across industries”, he said, “whilst continuing this growth we must also continue our efforts as an industry in sustainability and corporate social responsibility initiatives as these not only benefit communities and the environment but also enhance longterm business resilience and reputation.”

GHITHA HOLDING

MANUFACTURING, TRADING & DISTRIBUTION

Fostering Partnerships for the Betterment of the UAE

In alignment with Abu Dhabi’s Economic Vision 2030 and the UAE’s Next 50 development strategies, and highlighting that partnerships are crucial to the Holding Company, Ghitha Holding actively engages in various businesses.

This is with a strong emphasis on preparing for the future, fostering creativity, bolstering resilience, and driving the transformation of the food sector via sustainable practices and ethical farming.

On Ghitha Holding’s relationship with Gulfood, Mr. Falal Ameen mentioned that Gulfood is the most comprehensive food and beverage exhibition in the world, featuring 5,500 exhibitors from over 190 countries.

It serves as a significant platform for industry networking, showcasing innovations, and discussing trends in the food and beverage sector, vital for levelling-up the government’s food security agenda.

“Ghitha Holding will continue supporting the initiatives related to food security, sustainability, and participate in industry events and discussions aimed at promoting economic growth and innovation in the food sector of UAE and Middle East,” closed Mr. Falal Ameen.

www.ghitha.com

NEW WORLD RECORD SET AT OBUASI MINE

Since the firm was featured in Business Enquirer in September 2023, in which the publication highlighted AngloGold Ashanti’s ten-year socio-economic development plan (SEDP) for its Obuasi mine, the mine has taken major steps forward in its redevelopment.

Currently, AngloGold Ashanti operates 12 mines across Africa, The Americas, and Australia.

Production at Obuasi, an underground mine in Ghana’s Ashanti region, began in 1987 and stopped in 2014. A favourable feasibility study was completed in 2017 and indicated a strong technical and economic case with an anticipated 20year life of mine.

Further to this, approval was received from the AngloGold Ashanti Board to proceed with its redevelopment project in 2018.

The redevelopment project began in early 2019 and first gold was poured during the Q4 of that year.

ANGLO GOLD ASHANTI

PROJECT DIRECTED BY: GARY SMITH

ARTICLE WRITTEN BY: LAURA WATLING

IS OUR BUSINESS PHILOSOPHY

Supply and management of skilled/ unskilled labour for mining operations.

Provision of technical in-field training services leading to certification with relevant regulatory bodies, including MINCOM.

Supply of lubricants, greases and coolants to service both commercial and industrial hydraulic and engine needs.

Supply of equipment, tools and machinery as well as strata support consumables and accessories.

Engineering services including drafting, plant design, assembly maintenance as well as welding and fabrication etc.

Mining Tools Ghana (Pty) Ltd is a wholly-owned indigenous Ghanaian company with a team of well-experienced mining engineers and administrative professionals who have several years of industry-based experience at senior levels.

We have expertise in the supply and maintenance of mining tools, equipment and accessories to broadly support the extractive industries including mining, oil/gas as well as the quarry and construction sectors. We have strong passion to expand our operations into other global territories.

As a going concern, we deliver underground and surface mining contracts as well as supplying high quality heavy-duty machines, equipment and plant, including components, tools and consumables to the extractive industries.

2) Business Model Products & Services

To offer our clients total support services, we develop technical partnerships and collaborative alliances with top-notch global leaders to deliver underground and surface mining engineering services. We have established strategic in-country agency rights to represent world class Original Equipment Manufacturers (OEMs) for the supply of high- quality machines, equipment and plant, including components, tools and consumables to the extractive industries.

Our expertise includes labour hiring for both underground and surface mining works. In addition, we offer on-site training for clients as well as engineering consultancy services. We also have the capacity to providing a range of engineering services such as drafting and design of processing plant, corrosion control, shotcrete services and welding/fabrication among others. In addition we offer top-class lubricants, coolants and greases for both industrial machines and commercial turbo equipment and also the supply of tools, machines, ground support consumables and auxiliary mining services.

3) Commitment to Local Content

Mining Tools Ghana is fully committed to developing local content within the communities where we operate, with emphasis on the following areas:

i) Create local jobs through employment of wellmotivated and experienced personnel who comply fully with business regulations.

ANGLOGOLD ASHANTI

ii) Increase the spend on local goods and services by sourcing locally, the auxiliary services and goods that meet the required standards and are available within the local supplier market.

iii) Provide capital infrastructure within the local communities in the form of dedicated workshops and training centres etc

iv) Develop capacity and competency-based training programs for the youth through our Mining and Mechanized Engineering Skills Training (MMEST) institute, which is a subsidiary of Mining Tools Ghana (Pty) Ltd.

v) Provide support to the social basket through a range of donations to clubs, educational institutions, hospitality organizations and individuals who have legitimate needs

4) Health, Safety & Environmental Practices

Due to our affiliation with global partners, our safety standards are second-to-none. We believe and adhere strictly to the fact that “no amount of money is worth a man’s life or limb”. Besides, protection of the environment, including soil, air and water bodies is as important to the company’s operation as is its profit. Our operational principles empower everyone to enforce our safety, health and environmental policies because these are fundamental requirement to the continuous functioning of our business. We place a lot of value on the health, wellbeing and safety of our employees and all stakeholders alike. We have instituted robust QA/QC systems and these have strong commitments from directors, senior-level management and the total workforce.

5) Affiliations and Memberships

We have created a strong presence and gained a membership seat with the following regulatory bodies:

5.1 Minerals Commission of Ghana

5.2 Ghana Chamber of Mines

5.3 Ghana Employers’ Association

5.4 Central Bank of Ghana

5.5 Ghana National Chamber of Commerce & Industry.

5.6 Labour Commission of Ghana

Wouldn’t you rather do business with us through the channels below:

www.miningtoolsgh.com. info@miningtoolsgh.com and 0244-379594/ 0243-223287

QUANTUM LC, On the Rise

In the words of Ryan Shupe & the Rubberband, the American country music and bluegrass group, in their hit song Dream Big from their Dream Big album, “When you dream, dream big, as big as the ocean blue”. Nothing captures the philosophy of Quantum LC Ltd and its founder Joseph Nii Kwatey Titus-Glover as well as the words of this song.

Like great companies with small beginnings, Quantum LC started its operations from a very humble beginning in 2012, and has enjoyed steady growth in its services, portfolio and blue print since then. The company began its operations by hiring heavy duty equipment to major contractors and sub-contractors involved in Construction and Mining projects in Ghana. During that period a solid team of mechanics operating from a small workshop was on call 24 (twenty-four) hours to make sure the downtime on any piece of equipment was reduced to the barest minimum. This was in line with the company’s second VALUE which is SERVICE. Although the beginning was small, the dream has always been big.

Within 3 (three) years of starting its operations the company employed a

dynamic team of Engineers and positioned itself as a sub-contractor for some major on-going projects in Ghana. Two of such projects that are worthy of mention are the Kasoa Interchange, a project undertaken by Queiroz Galvao Construction and the construction of Terminal 3 at Ghana’s Kotoka International Airport in Accra undertaken by MAPA Construction. These projects amongst others built the capacity of the team and nurtured the dream to develop the organization into a fully-fledged contractor with the capacity to undertake major projects. A strong gold price on the international market meant that mining projects abounded in the post 2010 era.

The company first made incursions into the mining sector in 2017 as a sub-contractor to WBHO at the Adamus mine in Nzema, Ghana where the company was involved in TSF construction for the first time. In that same year the company was a subcontractor to WBHO at Newmont Ahafo South mine in Kenyase during a major earthworks project. As the company embarked on more projects, its Founder, the astute entrepreneur channeled all profits back into the company. Through the expansion of the fleet size and the employment of more professionals,

Quantum LC slowly built the foundations that are necessary for growth and expansion. Joseph’s vision through those early years was crystal clear; Quantum had to become a major player in the mining industry in Ghana.

The period from 2012 to the present day has however not been rosy. There were periods of financial drought during which the company had no projects. These were trying moments during which the company still kept almost the entire workforce in employment because “better days were sure to come”.

Breaking into the competitive arena of securing a mining contract in a major mine in Ghana came through sheer grit and determination. By 2019, the management and Board of Quantum LC Ltd had 4 (four) seasoned Mining Engineers, including Dr. Emmanuel Baffour Boakye and the Founder himself. The team had to dig deep to put together the winning bid in a tender for the Load & Haul Project at AngloGold Ashanti’s Obuasi Mine in the latter part of 2019. That project was the company’s first test as a Mining Contractor. It is a test the company passed with flying colors as the initial 36-month contract was renewed for

an additional 24 months. A Joint Venture that the company formed with WBHO won another tender at the same mine during that period for Earthworks and Civil works for a BIOX Compartment, Holding Ponds, Expansion of Pipe Corridor and some remedial works at the South TSF.

Quantum LC’s involvement in Phase 1 and Phase 2 construction of the TSF at Beposo at AngloGold Ashanti’s Iduapriem Mine in Tarkwa were the next major milestones in Quantum’s journey. By incorporating a separate company called WBHOQuantum Limited, the Directors of the two companies were able to put together a competitive bid to execute both phases of the construction. By the peak construction of Phase 2 the staff strength of the Company at all locations will exceed 1,000 (one thousand) employees.

To grow a company, the Dream is important. The Dream must however be backed by competence and a clear strategy. Joseph Titus-Glover has both. The Founder of Quantum LC has employed intelligent financial engineering to secure the funding required for growth through diverse financing methods. All projects have been completed on time and all creditors have been paid on time much to the admiration of stakeholders and financiers. The introduction of Volvo’s R100E Rigid Dumper into the African market which took place

at Quantum’s instance with the purchase of 4 (four) brand new R100’s is evidence of the innovative financing approaches that Quantum adopts. The units were purchased for Phase 2 Construction of the TSF at AGA Iduapriem Mine at Beposo in Tarkwa.

By developing staff to grow into more senior positions, augmenting the team with strategic appointments at the appropriate levels, developing its codes of practice, policies and procedures, the company has developed its profile and consequently improved its capacity to bid competitively for all major mining and construction projects in Ghana.

With on-going projects at AngloGold Ashanti mines in Obuasi and Tarkwa, the company turned its attention to Newmont’s operations in Ghana. Previous attempts to secure projects with Newmont had failed but this was not a deterrent for management. The company kept knocking on Newmont’s doors. The doors finally opened when in June 2024, Quantum LC Ltd secured the 170 MT Raise of the TSF at Newmont’s Ahafo South Mine in Kenyase. This is yet another extension of the company’s footprint in Ghana. With mobilization more than 70% complete, the stage is set once more to bring all the years of expertise to bear on this new project in order to execute it to the satisfaction of our Client, Newmont.

In line with the company’s policy on social investment, Quantum has made several donations to the communities in which the company operates over the years. In 2024 alone, the Company has donated a brand new double cabin Isuzu Pickup to the Bidiem District Command of the Ghana Police Service in Obuasi, and has also donated $50,000 (Fifty Thousand United States Dollars) to the University of Mines and Technology (UMAT) Endowment Fund.

Quantum LC Ltd is on the rise. The journey has been exciting so far and the dream to own a Quantum Mine is still alive. The Board of the Company recently appointed a new Managing Director, who joins the Company after a stellar career spanning 26 (twentysix) years with Mining Giant, AngloGold Ashanti Limited in various management roles. This new appointment relieves the Founder and former Managing Director of daily operational involvement in the business. In his new position as CEO of Quantum LC Ltd, Joseph Titus-Glover has set his sights on the West African sub-region to further expand the company’s footprint, experience and influence. He says “Let us build this organization as best as we can, while we still have the strength to do so and let’s leave a strong legacy for future generations”.

The Volta River Authority (VRA) was established in 1961 to generate, transmit, and distribute electricity under the Volta River Development Act. However, in 2005, the VRA's mandate was largely restricted to electricity generation, creating an enabling environment for Independent Power Producers (IPPs) to enter the Ghana energy market. The transmission function was hived off into the Ghana Grid Company (GRIDCo), while the Northern Electricity Department (NED) evolved into the Northern Electricity Distribution Company (NEDCo), a wholly owned subsidiary of VRA.

As a strategic player in the energy sector VRA has diversified its generation source from hydro generation, and taken advantage of available and sustainable resources of energy mainly natural gas, renewables, and liquefied petroleum products. Currently, VRA operates a total installed generation capacity of 2,547MW, with two hydroelectric plants at Akosombo and Kpong generating installed capacities of 1,020MW

and 160MW respectively. Again, complemented by a 1,330MW thermal capacity from Aboadze, Tema, Kpone and Anwomaso, and 2.5MW, 6.5MW and 28MW Solar PV plants at Navrongo, Lawra and Kaleo respectively.

VRA also distributes electricity to about eleven (11) regions in the Northern sector of Ghana through its subsidiary, NEDCo. VRA has consistently demonstrated its social responsiveness through interventions aimed at enhancing the socio-economic and physical wellbeing of the riparian communities impacted by the operation of its two dams. With the vision to become a “Model of Excellence for Power Utilities in Africa,” VRA is wellpositioned to deliver reliable and affordable power to electricity consumers in a sustainable manner.

ANGLOGOLD ASHANTI HYHYH

Now in Phase 3 of its redevelopment, the development of infrastructure necessary to support the planned ramp up in production to 5,000tpd is underway. Completion of Phase 3 is expected by the end of 2024.

The mine has made history recently, setting a new world record with the safe completion of the Kwesi Mensa Ventilation Shaft (KMVS), a vital part of the mine’s redevelopment.. At a depth of 941 metres and a diameter of 6.5m, the KMVS is the world’s largest raisebore hole, providing ventilation to the Kwesi Mensa Shaft (KMS) infrastructure.

Successful completion of the KMVS was made possible through collaboration between AngloGold Ashanti Ghana and Redpath Thonket, a mining contracting and engineering firm. Importantly, this was achieved with an excellent safety record by the raiseboring team, including local contractors such as Mining Tools Ghana, MAC Partners, and MCS Ghana.

Current statistics released by AngloGold Ashanti shows a mineral reserve of 7.11 Moz

of gold, with a gold production of 224 koz at the Obuasi Mine.

Bettering Lives in Ghana

Mining companies across the world have come a long way in recognising the importance of sustainable mining, not only for the longevity of business, but for the longevity of the land and communities in which it works.

Core to AngloGold Ashanti is its aim to be responsible steward of the environments in which it operates by: mitigating impacts from operations; engaging constructively with communities; and working to fairly share benefits of mining among its stakeholders.

One such initiative has taken place at the Obuasi mine. In May 2024 it was announced that AngloGold Ashanti has allocated 60,000 more oil palm seedlings to farmers in six districts in the Ashanti Region (further to distributing 30,000 high-yielding oil palm seedlings to farmers in the region in 2023).

ANGLOGOLD ASHANTI

The purpose of this initiative (the Climate Resilience Oil Palm Plantation, or CROPP, project) is to support the improvement of farmer’s livelihoods in the region through oil palm production, whilst also contributing to Ghana’s deforestation mitigation targets.

Meanwhile, AngloGold Ashanti’s SEDP articulates the social investment strategy for Obuasi mine for the period until 2031. The ten-year plan focuses on three intermediate outcomes: improved social development; a diversified and sustained local economy; and improved partnerships.

Underpinning the key outcomes, AngloGold Ashanti will make efforts in quality health services, education, skills development, access to water, sanitation, and hygiene, community infrastructure, industrialisation, agriculture, and business development and entrepreneurship.

Since the SEDPs launch in August 2022, AngloGold Ashanti Ghana has provided water systems to four communities with plans for five more communities in 2023.

Working alongside the Environmental Protection Agency, traditional authorities, and local government, the mining business has established the “Keep Obuasi Clean” campaign. The campaign promotes hygiene with a monthly cleanup exercise, with similar programmes being run in schools where pupils will serve as ambassadors to ensure longevity of the initiative.

“All the SEDP interventions are approached with due regard for equity, diversity, and inclusion, which are integral to the process, making provision to support women, youth and physically challenged community members,” says the program report.

Continuous implementation of the tenyear plan is aligned with the business sustainability performance of Ghana’s Obusai mine, with the aim to establish sustainable businesses that support livelihoods long after the life of the mine.

Empowering SMEs for sustainable growth in Obuasi

In a collaborative effort to bolster local economic growth, empowerment, and the promotion of sustainable business development, AngloGold Ashanti’s Obuasi Mine has partnered with Absa Bank Ghana Limited

In conjunction with the MasterCard Foundation, the initiative provides support for the development of small and medium-sized enterprises in Obuasi, providing impetus to the future economic landscape of the region. These include: Four projects have been outlined: Business Acceleration and Sustainability (BAST); Women in e-commerce; Business Supply Chain Development; and the Artisans to Entrepreneurs (A2E) project.

BAST supports SMEs in strengthening their capabilities, by assisting with organisational systems and models. This aims to improve their capacity to secure financing, and access markets more effectively.

Emphasising Obuasi’s commitment to gender equity and empowering women, the Women in e-commerce project strives to accelerate and maintain the progress and success of women in the e-commerce and the digital economy. The project aims to provide opportunities and resources for female entrepreneurs to thrive in the digital marketplace, enhancing economic empowerment and overall wellbeing.

Business Supply Chain Development focuses on developing the capabilities

of local businesses in Obuasi, aiming to improve their ability to secure contracts and meet requirements required by AngloGold Ashanti’s Obuasi mine. Simultaneously, it aims to strengthen and enhance Obuasi mine’s supply chain networks, ensuring seamless operations and increased efficiency.

Finally, Obuasi’s A2E Project aims to develop the skills of younger artisans in the region, supporting them to grow their income levels through training in vocational, technical, and entrepreneurial skills. The Obuasi mine also hopes that this project will help to preserve traditional technical and vocational trades, while nurturing a sustainable environment that recognises the contributions of Obuasi’s skilled artisans to local economic growth.

Emmanuel Baidoo, Senior Sustainability Manager at Obuasi Mine and Head of Community Relations, emphasised the strategic significance of each of the four projects, highlighting their potential to direct the focus of Obuasi communities, and local youth groups to build sustainable livelihoods outside the conventional operational confines of the mining industry.

SMEs are essential contributors to Ghana’s economy, providing 60% of GDP and 80% of private sector employment opportunities, with these initiatives highlighting the value that AngloGold Ashanti and its Obuasi mine provides to the country.

www.anglogoldashanti.com

GROWTH PLANS OF AIRPORTS AUTHORITY SET TO BOLSTER BVI ECONOMY

BRITISH VIRGIN ISLAND AIRPORTS

AUTHORITY

PROJECT DIRECTED BY: GARY SMITH

ARTICLE WRITTEN BY: LAURA WATLING

The British Virgin Islands (BVI) are a premier Caribbean destination celebrated for its pristine beaches, crystal-clear waters, and lush landscapes.

Made up of over 60 islands and cays, the BVI offers a paradise for explorers and water sports and yachting enthusiasts, with the iconic Baths on Virgin Gorda and the vibrant coral reefs of Anegada among the top attractions.

Rich in history and culture, the islands offer unique experiences attractive to all ages, as well as a host of vibrant, local cuisines. In fact, it’s said that you can have breakfast on one island, lunch on another, and dinner taking in the views of another. Perhaps there’s even room for a night-cap elsewhere!

In 2023, the islands saw a 50.9% uplift in stop-over visitors, increasing from around 173,200 in 2022 to a staggering 261,445 in 2023. With over 5,500 rooms across the archipelago, many of which are in luxury resorts and on yachts, there are plenty of opportunities to find rest across the BVI.

Tropical Rentals

Tropical Rentals, founded in 1997 by the late Keithley and Ethelyn Parker in the British Virgin Islands, began with just three cars under the National brand. From these humble beginnings, the company has grown significantly under the leadership of one of their sons, Allan Parker, who took over the business in 2009 after the passing of his father. Allan’s dedication and vision have been instrumental in driving the company's expansion and success.

In 2012, Tropical Rentals welcomed Alamo to its portfolio, effectively doubling its rental opportunities and significantly expanding its fleet. This growth continued, and by 2019, Enterprise had joined the lineup, further diversifying the range of vehicles offered and cementing Tropical Rentals' reputation as a comprehensive rental service provider. Today, Tropical Rentals is the official Enterprise holder in the British Virgin Islands, offering a wide

selection of vehicles to meet various customer needs, including compact cars, SUVs, and luxury vehicles.

Tropical Rentals has three convenient locations at the Terrence B. Lettsome International Airport on Beef Island, Tortola, and Virgin Gorda; and provides both short-term and longterm rental needs, accommodating families, business travellers, and vacationers with affordable rates and flexible terms. Looking to the future, Tropical Rentals plans to open a new branch at VI Motors on Tortola, enhancing its service capabilities and accessibility.

With a commitment to providing reliable and diverse rental options, Tropical Rentals continues to build on its strong foundation, offering exceptional service and a wide range of vehicles to meet the evolving needs of its customers in the British Virgin Islands.

BRITISH VIRGIN ISLAND AIRPORTS AUTHORITY

It’s no surprise then, that tourism is a significant contributor to the British Virgin Islands' economy, accounting for around half of its GDP. This sector provides a major source of employment and revenue, underscoring its critical role in the BVI's economic stability and growth.

Partnering with other key players in the aviation sector, the British Virgin Island Airports Authority (BVIAA) recognises the value it brings, not only to increasing tourism across the islands, but ensuring economic growth for the BVI and its people. Shortly approaching its 20th year in operation, and guided by its Managing Director, Kurt Menal, the BVIAA is scaling its operations to bolster the islands’ economic security.

Meeting Burgeoning Demand

Owning and operating all of the airports across the BVI, including Terrance B. Lettsome International (Tortola), Auguste George (Anegada), and Virgin Gorda (Virgin Gorda). Of the visitors it welcomes into the airports, 60% are made up of commercial flights, and 40% from highend aviation.

“We are aware of the valuable contribution tourism plays in the BVI, and our role in facilitating this,” explained Kurt, speaking with Business Enquirer, “we are currently undergoing many operational developments in order to improve the airports’ offering, as well as awareness campaigns to attract visitors to the BVI. It’s a very exciting time”.

A major development at Terrance B. Lettsome International Airport is the introduction of direct, non-stop flights into the BVI. The first of these flights took place in June 2023, with American Airlines introducing a daily, direct flight from Miami thereby also increasing access to the Eastern Seaboard of the U.S.

“This development has been a catalyst for other airlines to consider direct flights into the BVI, as well as an increased need for expansion at our facilities,” shared Kurt.

The Airports Authority has recently partnered with airline operators such as InterCaribbean Airways and Caribbean Airlines Ltd to tap into hubs across the Caribbean.

Managing Director, Kurt Menal

BRITISH VIRGIN ISLAND AIRPORTS AUTHORITY

AVIATION

“These partnerships and developments are enabling us to expand our reach and enhance connectivity. The enhanced throughput that we will see will also support our financial sustainability,” Kurt continued.

Ensuring that Terrance B. Lettsome International Airport is well equipped to manage ever-increasing passenger traffic, BVIAA is currently developing a business case to support the extension of its existing runway, which currently stands at just over 1400 meters.

“Given that we want that connection to the Eastern Seaboard in particular, it is imperative that we extend our runway and further develop our airport to meet that natural demand that resides with the BVI,” Kurt added.

Key to the Airports Authority’s success is

ensuring that customer service, safety, and operational efficiency remain high, despite increased footfall.

To do so, BVIAA has a roster of ongoing work at its terminals, such as improved comfort with more seating, a new conveyor belt at Arrivals to support increased baggage, and creating a larger space in Customs and Immigration.

Additionally, BVIAA is in the process of moving one of its major fixed base operators (FBO) from the main terminal building at Terrance B. Lettsome to a standalone facility.

“This means the operator will have more space, supporting them in upgrading the level of service that they provide to customers. This of course enhances the profile of the BVI Airports Authority and our international airports,” explained Kurt.

Founded in the 1980s, Island Department Store began as a modest 200-square-foot single-story structure selling a limited selection of household supplies to people on the island's east end.

Fast forward to 2024, and the company has expanded to over 110,000 square feet, with half of that space dedicated to customers and spanning two floors, making it one of the largest retail companies in the B.V.I.

Island Department Store sells small household items such as cutlery, glassware, plasticware, garden supplies, bathroom and bedroom items, toys and games, cleaning supplies, mats and rugs. Office supplies include desks, chairs, file cabinets, pens, and shredders, as well as larger equipment like washers, dryers, display coolers, fridges, and freezers.

The furniture department is among the top three major furniture shops to date in the B.V.I. selling bedroom sets, living room sets, dining room sets, patio goods, and accessories.

The purpose of Island Department Store has always been to provide the people of the British Virgin Islands with a wide selection of items in a convenient, comfortable, clean, and peaceful atmosphere.

At I.D.S we carry just about everything to make your house a home, from household items to small and large appliances. We also have a large selection furniture located on our second floor including patio items, bedroom, living room etc

AVIATION BRITISH VIRGIN ISLAND AIRPORTS AUTHORITY

Increasing Exposure to Aviation

Highlighting BVIAA’s clear progress within the aviation industry, the Government of the Virgin Islands recently hosted the Airports Council International (ACI) Airport Day, organised by the Airports Council International - Latin America and Caribbean (ACI-LAC) in collaboration with the BVIAA.

This landmark event brought together leading airport industry executives and authorities from across the world to discuss key topics such as air service development, maximising general

aviation potential, and best practices in airport concessions.

“This was a first-of-its-kind event in the BVI, which highlighted an exciting milestone for the Caribbean aviation industry and provided a valuable platform for networking, knowledge-sharing, and advancing the region's airport infrastructure and operations,” shared Kurt.

With tourism offering plenty of employment opportunities across the BVI, Kurt considers exposure of those opportunities to the local community as

AVIATION BRITISH VIRGIN ISLAND AIRPORTS AUTHORITY

crucial to building a sustainable operation.

“The development plans we have at BVIAA would represent arguably the biggest capital project in BVI’s history, this also offers a wealth of opportunity to our residents in terms of employment and increasing their own income,” explained Kurt.

These opportunities not only represent those available directly at the airport as well as its on-site operators, but also opportunities directly and in-directly related to the planned construction.

On closing his conversation with Business Enquirer, Kurt had one final message:

“The BVI is a diverse economic and tourist destination that I would encourage everybody to visit. Come and enjoy the beauty and the warmth of the islands and its wonderful people”.

www.bviaacloud.com

Emily in Paris Season 4 Release Date, Cast, Trailer, And Everything You Need To Know

Top 5 Hotels Staying In Elegance & Luxury

Eurostar Making the Right Choice For Business Travel

PARIS IN 2024

Economic boom and tourism renaissance

Paris, renowned for its rich history, cultural allure, and architectural grandeur, is poised to experience an unprecedented economic and tourism boom with the upcoming 2024 Summer Olympics. As the city gears up to host this global event, it is not only preparing its venues and infrastructure but also anticipating significant economic gains and a revitalized tourism sector.

A Surge in Economic Activity

Hosting the Olympics is expected to generate substantial economic benefits for Paris. According to Jean-Baptiste Lemoyne, France’s Secretary of State for Tourism, "The Olympics are a golden opportunity for Paris. The influx of visitors, combined with the global media coverage, will boost our economy in multiple sectors, from hospitality to retail and beyond."

The French government has projected that the 2024 Olympics will contribute around €10.7 billion to the national economy. This projection is based on anticipated spending by international tourists, the creation of thousands of temporary and permanent jobs, and the long-term investments in infrastructure and urban development.

A significant portion of the economic impact comes from the extensive infrastructure projects underway. The Grand Paris Express, a new rapid transit line, is set to enhance connectivity across the city and its suburbs. This development not only serves the Olympic events but is also a lasting legacy for Parisians, easing commutes and improving access to various parts of the city.

Moreover, the Olympic Village in SaintDenis will be transformed into residential housing post-Games, addressing the city's housing needs. Jean-Baptiste Lemoyne noted, "The Olympics are a catalyst for sustainable urban development. These projects are designed with a vision that extends far beyond 2024, ensuring longterm benefits for our residents."

Infrastructure Development
Jean-Baptiste Lemoyne, France’s Secretary of State for Tourism.

Boost to Tourism

Paris has always been a top tourist destination, attracting millions of visitors each year with its iconic landmarks such as the Eiffel Tower, Louvre Museum, and Notre-Dame Cathedral. The Olympics are set to amplify this appeal. "The 2024 Games will put Paris on the world stage like never before," Lemoyne said. "We expect a significant surge in tourism, not just during the Olympics but in the years leading up to and following the event."

The French government has launched a series of initiatives to enhance the tourist experience. This includes upgrading hotel facilities, expanding cultural and recreational offerings, and improving tourist information services. The goal is to provide a seamless and memorable experience for the anticipated influx of visitors.

Hospitality and Retail Sectors

The hospitality sector stands to gain immensely from the Olympics. Hotels, restaurants, and cafes are gearing up to accommodate the surge in visitors. According to industry experts, hotel bookings in Paris are expected to see a 30% increase during the Olympic period. This surge is not limited to Paris alone; surrounding regions are also preparing to welcome tourists who wish to explore more of France.

Retail businesses are also preparing for a boom. The influx of tourists will drive up sales in shops, boutiques, and markets. Luxury brands, in particular, are anticipating a significant boost, as international visitors often associate Paris with high-end fashion and unique shopping experiences.

Cultural and Entertainment Opportunities

In addition to sports, the Olympics will showcase Paris’s rich cultural heritage. The city plans to host numerous cultural events, exhibitions, and festivals alongside the Games. These events aim to highlight French art, history, and traditions, providing visitors with a holistic experience of Parisian culture.

Lemoyne emphasized the importance of this cultural aspect, stating, "The Olympics are not just about sports; they are about bringing people together through shared experiences. We want visitors to leave with lasting memories of Paris’s vibrant culture and warm hospitality."

Long-term Benefits

The economic and tourism boost from the Olympics is expected to have longterm benefits. The global exposure will likely lead to increased foreign investment and sustained growth in visitor numbers. The improvements in infrastructure and public amenities will enhance the quality of life for residents and make Paris even more attractive to future tourists and businesses.

As Paris prepares to host the 2024 Summer Olympics, the city is on the brink of an economic and tourism renaissance. The investments in infrastructure, the anticipated surge in visitor numbers, and the long-term benefits all point to a brighter future for Paris. Jean-Baptiste Lemoyne aptly summarized, "Paris 2024 is not just an event; it’s a transformative moment for our city and our country. We are ready to welcome the world and show them the best of what Paris has to offer."

The excitement is palpable, and as the countdown to the Games continues, the world watches in anticipation. Paris is ready to shine, blending its timeless charm with the vibrant energy of the Olympics.

The Art of Spreading Happiness

At a high level, sharing joy seems simple. But speaking to Jean-David Sarfati, Brand Director (Noto and Casa Amor) of Moma Group, it is clear that there is far more to this task than meets the eye.

Since Business Enquirer last spoke with Moma Group, its footprint has expanded even more, with successful openings of its brands across the globe, including Noto in Marrakech.

“Noto’s opening in Marrakech was incredibly well received, I’m delighted to share that it’s fully booked seven days a week,” said Jean-David.

In addition, Moma Group has tactically opened a club next door to its Noto venue in Deauville, with intentions of rolling this out in Marrakech and Paris.

“This gives our customers several choices - join us for part of the night or all of the night. Whichever suits, we are always ready to welcome guests through the doors,” added Jean-David.

Currently, Moma Group represents a portfolio of 26 restaurants, two clubs, and two beach clubs, which can be found across the world in cities in France, Greece,

MOMA GROUP FOOD & DRINK

the UK, Saudi Arabia, Qatar, Morocco, and the US.

Whilst Jean-David comments that the year ahead will see no signs of slowing down, it will be taking a more paced approach to its openings.

“Over the next 12-18 months we will be creating a balance between developments Moma Group will be doing alone alongside continuing to develop partnerships with the likes of Casino Barrière,” explained Jean-David.

Whilst expanding its footprint and

keeping its existing venues thriving, Moma Group has also continued its Moma For Good community projects.

Included in this initiative is its support of Les Restos du Coeur, a French charity working to distribute food packages and hot meals to those in need.

At each opening of a new Moma Group venue, the volunteers and beneficiaries of Les Restos du Coeur are welcomed to the first three sittings, which, Jean-David recognises, also offers a good training opportunity for new staff.

The Key to Success

If you’ve never visited one of Moma Group’s venues (the first question is “why”?), you’ll experience an evening like never before.

The undisputed pioneer of the ‘party restaurant’ (within the Parisien market), restaurants like Noto allow guests to experience live music and a convivial atmosphere alongside the highest quality food.

And with Moma Group taking the festive spirit from Paris around the world, JeanDavid has made one thing clear - “keeping the brand’s DNA is crucial to success”.

The challenge for the Group across its extending brands is understanding the nuances of the cities in which it is opening, not only from an economic perspective, but considering the uniqueness of local customers and staff.

“We want our guests to receive the same experience whichever Noto venue they visit. Moma Group have become experts in deep-diving into the local culture of a venue to achieve this. This includes creating unique training packages for staff to help them best understand the DNA,” explained Jean-David.

Across Moma Group’s venues is one overarching message - celebrating

happiness. A challenge, Jean-David said, when the public are acutely aware of anything but happiness experienced by those facing war and adversity across the world.

“It simply means that across our venues we have to offer ten times more joy. Visiting a Moma Group venue is our guest’s opportunity to decompress from negativity for as long as they choose to stay with us,” added Jean-David.

Underpinning Moma Group’s DNA, no matter the venue, is four key pillars: food; vibe; design; and service.

Experiencing Noto

MOMA GROUP FOOD & DRINK

Named after the Sicilian town of the same moniker, Noto is an ode to Italian cuisine.

The brand, which has venues in Paris (its seminal offering), St Tropez, Deauville, Nice, Marrakech, and Jeddah, offers a seasonal menu curated by Michelin experienced chef, Emilio Giagnoni.

Celebrating the essence of festivity at every touch point, Noto’s food is designed to be shared - generosity and joyfulness is at the heart of Emilio’s culinary style.

Favouring the best of local produce, each Noto venue’s menu differs slightly, and offers enough variety to allow guests to return as many times as they’d like and still experience choice.

“My favourite Noto dish, Spaghetti Al Pomodoro, exemplifies the Italian cuisine we offer - quality, simplicity, and authenticity,” shared Jean-David.

As far as authenticity goes, you couldn’t get much closer with Emilio’s Spaghetti Al Pomodoro, which is his grandmother’s recipe.

Representing a truly immersive experience, at Noto guests are entertained with live music to enhance the celebratory, joyful vibe of the venue.

“Our live performers play mainstream music across the generations, meaning visitors enjoy the atmosphere, whether they’re seven or 77,” added Jean-David.

The design of the venue also plays a vital role in the overall atmosphere.

Noto’s founding venue in Paris was designed by renowned interior designer Laura Gonzalez, alongside Moma Group’s Chairman, Benjamin Patou. With their touch, Noto transports its guests into the timeless elegance of Italian Baroque style.

“Our Noto venues combine comfort with chic style. It is really important to us that guests feel comfortable when they visit our venues, to allow them to fully immerse themselves into the atmosphere of fun and happiness,” explained Jean-David.

Finally, a key element of Noto’s offering is its high-quality service, something which you will find doesn’t differ whichever Noto location (or other Momo Group venue for that matter) you visit.

“Crucial to our service is ensuring colleagues understand and have knowledge of the concept, enabling our guests to celebrate happiness,” JeanDavid continued.

One way in which this is achieved is by allowing training staff to experience the venue as a guest themselves.

MOMA GROUP FOOD & DRINK

Spreading Joy Across The Globe

Whilst Noto continues to expand its footprint, with more venues expected to open in Jeddah, Nice, and Italy, Jean-David also highlighted exciting developments with Moma Group’s Casa Amor beach clubs.

Renowned as one of the most exclusive beach clubs on the French Riviera, Casa Amor is receiving an increasing number of guests and requests for licences.

Jean-David foresees Casa Amor to become the biggest up-and-coming beach clubs, ready to rival stalwarts such as Nikki Beach.

Incorporating Moma Group’s crucial DNA, Casa Amor offers music at its heart, top quality food from Chef Zohair (St Tropez), and design from none other than Dolce and Gabbana.

Opening in October 2024, Casa Amor’s latest venue will be located at Dubai’s five-star Mandarin Oriental Hotel, a move which heralds a new chapter for the brand.

“Customers are in love with the bohemian experience they receive at Casa Amor, and we’re incredibly excited to share this in more locations across the globe,” said Jean-David.

www.moma-group.com www.noto-paris.com

THE 2024 PARIS OLYMPICS

The 2024 Paris Olympics, known as the Games of the XXXIII Olympiad, is unfolding as a spectacular global event. From July 26th to August 11th, 2024, Paris hosts the Summer Olympics for the third time, following the 1900 and 1924 Games. As athletes and spectators gather from around the world, Paris is alive with a celebration of athletic prowess, cultural exchange, and pioneering sustainability initiatives.

This year’s Games are particularly significant as they coincide with the centenary of the 1924 Paris Olympics, adding an extra layer of historical resonance. The selection of Paris as the host city underscores the city’s enduring legacy in the realm of international sports and its capability to blend historical grandeur with contemporary dynamism. From the cobbled streets of Montmartre to the futuristic design of La Défense, Paris promises to offer a picturesque and eclectic backdrop for this grand global celebration.

A CELEBRATION OF SPORT AND SUSTAINABILITY

A Historic Return to Paris

Paris’s selection as the host city for the 2024 Olympics is a nod to its rich history with the Games. The 1900 Paris Olympics were the first to allow women to compete, and the 1924 Games introduced the now-iconic Olympic Village concept. The 2024 Olympics will build on this legacy, showcasing the city’s blend of tradition and modernity. Venues such as the Stade de France, Roland Garros, and the Champs-Élysées will play prominent roles, offering iconic backdrops for various events.

Sustainability at the Forefront

One of the defining features of the 2024 Paris Olympics is its commitment to sustainability. The organisers have pledged to host the most sustainable Games ever, aiming for a 55% reduction in carbon emissions compared to previous Olympics. Key strategies include using existing or temporary structures for 95% of the venues, thus minimising construction-related environmental impact. For instance, the Grand Palais and the Eiffel Tower will be transformed into sports venues, merging historical landmarks with modern sports.

Philippe Millereau - Paris 2024

PARIS OLYMPICS 2024

The Olympic Village, located in the Seine-Saint-Denis area, is designed to be an eco-friendly model of urban living. It will feature energy-efficient buildings, extensive green spaces, and sustainable transportation options, including a new tram line. Post-Games, this area will be converted into a mixed-use development, providing housing and amenities for local residents.

Embracing Technological Innovation

Paris 2024 is also set to be a showcase of technological innovation. The Games will leverage cutting-edge technology to enhance the experience for athletes, spectators, and global audiences. The centrepiece of this technological push is the official Olympic app, which promises to revolutionise how fans interact with the Games. The app will offer a comprehensive and personalised experience, providing real-time updates on events, schedules, and results. Users will be able to create custom itineraries based on their favourite sports and athletes, ensuring they don’t miss any critical moments. Interactive maps will help visitors navigate the city and venues with ease, offering information on transportation, dining options, and cultural attractions nearby.

In addition, the app will feature augmented reality (AR) elements that bring the Games to life in new and exciting ways. For example, fans can use their smartphones to view AR overlays of historical data and statistics about the venues and athletes, or even watch virtual replays of key moments from multiple angles. These features aim to deepen engagement and make the experience more immersive.

Smart stadiums equipped with advanced sensors and connectivity will provide athletes and coaches with real-time performance analytics. This technology will enable instant feedback and data-driven decision-making, enhancing the competitive edge. Spectators in the stadiums and at home will benefit from these innovations as well, enjoying high-definition live streams, interactive features, and detailed analytics that bring them closer to the action.

Virtual reality (VR) experiences will also be available, allowing fans to feel as if they are attending events in person, even from thousands of miles away. VR headsets will offer a 360-degree view of competitions, providing an unprecedented level of immersion.

A Diverse and Inclusive Games

In line with the International Olympic Committee’s (IOC) commitment to diversity and inclusion, the Paris 2024 Olympics will feature an equal number of male and female athletes for the first time in history. New sports such as breakdancing, skateboarding, surfing, and sport climbing will make their Olympic debuts, reflecting the evolving landscape of global sports and appealing to younger audiences.

Furthermore, the Paris 2024 Games will continue to promote the Paralympic Movement, with a strong emphasis on accessibility and inclusivity. The Paralympic Games, scheduled from August 28 to September 8, 2024, will feature state-of-the-art facilities designed to accommodate athletes with disabilities, ensuring they can compete at the highest level.

Cultural Celebrations and Global Unity

The Olympics are not just about sports; they are also a celebration of culture and unity. Paris, a city renowned for its cultural heritage, will host numerous events and exhibitions showcasing French art, music, and cuisine. The Olympic Cultural Olympiad will include a wide array of performances, installations, and workshops, highlighting the country’s artistic legacy and contemporary creativity.

The Opening and Closing Ceremonies promise to be unforgettable spectacles, blending traditional elements with innovative performances. The Seine River will serve as a central stage for the Opening Ceremony, with a flotilla of boats carrying athletes along the river, surrounded by light shows and artistic displays. This unique approach aims to democratise the experience, allowing more people to witness the grandeur of the event.

Philippe Millereau - Paris 2024
Paris 2024 / Costas Baltas / SIPA Press
Paris 2024/Isabelle Harsin
Paris 2024/Isabelle Harsin

PARIS OLYMPICS 2024

Economic Impact and Legacy

Hosting the Olympics is a significant economic undertaking, and Paris 2024 is expected to have a substantial impact on the local economy. The Games are projected to create thousands of jobs, boost tourism, and generate significant revenue for the city and surrounding regions. The long-term benefits include improved infrastructure, enhanced public transportation, and increased global visibility for Paris.

The legacy of the 2024 Paris Olympics extends beyond economic gains. The focus on sustainability, inclusivity, and innovation sets a new standard for future Games. By integrating environmental consciousness and technological advancements, Paris 2024 aims to inspire other cities and organisations to adopt similar practices, fostering a more sustainable and equitable future.

In conclusion, the 2024 Paris Olympics stands poised to be a watershed moment in the history of the Games. From its historical significance as the host city for the third time to its innovative strides in sustainability and technology, Paris is not merely setting the stage for athletic excellence but also paving the way for a more inclusive and environmentally conscious future. The Games will not only celebrate the diversity of sports and cultures but also serve as a global platform for unity and cooperation. As athletes and spectators alike gather in the City of Light, Paris 2024 promises to leave a lasting legacy of inspiration, progress, and the enduring spirit of the Olympic ideals. This momentous event is set to redefine what it means to host a truly transformative Olympic Games, setting benchmarks that will resonate across borders and generations.

EMILY IN PARIS

SEASON4RELEASEDATE,CAST,TRAILER, ANDEVERYTHINGYOUNEEDTOKNOW

As the countdown begins for the muchanticipated fourth season of "Emily in Paris," fans are gearing up for another round of cosmopolitan adventures and romantic entanglements. Lily Collins returns as the titular Emily Cooper, promising to once again charm audiences with her infectious enthusiasm and impeccable style against the backdrop of the City of Lights.

Known for its divisive yet undeniably captivating storyline, "Emily in Paris" follows Emily, a Chicago marketing executive who finds herself navigating the nuances of Parisian culture when she lands a job at the prestigious Savoir.

The series has been celebrated for its warmth, charm, and extravagant fashion moments, while also drawing criticism for its idealised portrayal of Parisian life. Despite varying reviews, the show has been a major hit for Netflix, becoming the streaming platform's most popular comedy series in 2020. The third season saw record-breaking viewership within its first week, highlighting its enduring appeal.

Season 4 promises to be the most thrilling chapter yet, especially after the dramatic twists of the Season 3 finale left fans reeling. From unexpected pregnancies to shattered engagements, the upcoming season is poised to explore new depths of drama and intrigue.

What will Emily in Paris Season 4 be about?

After a tumultuous Season 3 finale filled with shocking revelations and emotional upheavals, the characters of "Emily in Paris" enter Season 4 facing uncertain futures. Camille and Gabriel's relationship takes a complicated turn after an impromptu wedding leads to a bombshell pregnancy announcement. Meanwhile, Emily finds herself at a crossroads in both her personal and professional life, navigating complex dynamics and unexpected alliances.

Emily in Paris Season 4: Release Date

Netflix officially announced the renewal of "Emily in Paris" for Seasons 3 and 4 in January 2022, shortly after the release of Season 2. The streaming giant later confirmed the release dates for Season 4, with Part 1 set to premiere on August 15, 2024, and Part 2 following on September 12, 2024. This staggered release promises to keep viewers eagerly anticipating each new instalment of Emily's Parisian escapades.

EMILY IN PARIS ENTERTAINMENT

Emily in Paris Season 4: Cast

The core cast of "Emily in Paris" is set to return for Season 4, including Lily Collins as Emily Cooper, Ashley Park as Mindy Chen, Lucas Bravo as Gabriel, and more. Season 4 will also feature special appearances, including a notable cameo by Brigitte Macron, the First Lady of France, adding an intriguing twist to the series' narrative.

Emily in Paris Season 4: Trailer

Netflix unveiled the official trailer for Season 4, teasing themes of vulnerability, chaos, and amour amidst the picturesque backdrops of Paris and beyond. The trailer promises a blend of heartfelt moments, stylish flair, and unexpected plot twists that will keep viewers hooked from start to finish.

As fans eagerly await the return of "Emily in Paris," anticipation is high for what lies ahead in Season 4. With its blend of romance, humour, and cultural exploration, the series continues to captivate audiences worldwide, offering a delightful escape into the enchanting world of Emily Cooper and her Parisian adventures.

Elegance & Luxury

The top 5 hotels in Paris for an unforgettable stay

When it comes to visiting Paris, the City of Light, the choice of accommodation can significantly enhance the overall experience. Paris, with its rich history, stunning architecture, and vibrant culture, attracts millions of visitors each year, all of whom seek to immerse themselves in its unique charm. Among the plethora of luxury hotels in Paris, a select few stand out for their exceptional service, elegant design, and prime locations, offering more than just a place to stay, but a gateway to the city’s heart and soul. Here, we explore five of the top hotels in Paris, ensuring a memorable stay for any traveller.

The Pullman Paris Tour Eiffel is a modern marvel situated just a stone's throw from the iconic Eiffel Tower. With its contemporary design and unparalleled views of the tower, this hotel seamlessly blends comfort and luxury. Guests can enjoy spacious rooms with floor-to-ceiling windows, ensuring spectacular views of Paris's skyline. The hotel's facilities include a fitness centre, a trendy restaurant, and several meeting rooms, making it an ideal choice for both leisure and business travellers. The vibrant atmosphere and the prime location offer guests a perfect base to explore the city.

www.pullmanparistoureiffel.fr

The InterContinental Paris - Le Grand epitomises Parisian elegance and historical charm. Located near the Opéra Garnier, this grand hotel has been a symbol of luxury since its opening in 1862. The opulent décor, with its lavish chandeliers and intricate mouldings, transports guests to a bygone era of French sophistication. The rooms and suites are exquisitely furnished, combining classic design with modern amenities. Dining at Café de la Paix, the hotel’s renowned restaurant, is an experience in itself, offering gourmet French cuisine in an elegant setting. This hotel is perfect for those seeking to immerse themselves in the grandeur of Paris’s history and culture.

www.ihg.com/intercontinental/hotels/gb/en/paris/parhb/hoteldetail

TOP 5 HOTELS IN PARIS HOSPITALITY

Hotel Le Meurice, situated between Place de la Concorde and the Louvre Museum, is another jewel in Paris’s hospitality crown. Known for its blend of 18th-century opulence and contemporary design, Le Meurice is a favourite among celebrities and discerning travellers. The hotel’s interiors, designed by Philippe Starck, are a mix of grand tradition and playful modernity.

The Michelin-starred restaurant, Le Meurice Alain Ducasse, offers a culinary journey that reflects the hotel’s commitment to excellence. With its luxurious spa, exquisite service, and prime location, Le Meurice provides a quintessential Parisian experience.

www.dorchestercollection.com/paris/ le-meurice

For those seeking a boutique hotel experience, La Réserve Paris Hotel and Spa offers an intimate and exclusive retreat. Located just off the ChampsÉlysées, this hotel is housed in a Haussmann-style mansion, exuding the charm and elegance of the 19th century. The suites and rooms are tastefully decorated with rich fabrics, antique furniture, and marble bathrooms. The hotel’s library, smoking lounge, and private courtyard garden offer serene spaces for relaxation. La Réserve’s spa, featuring a pool, steam room, and fitness centre, provides a haven of tranquillity amidst the bustling city. Personalised service and attention to detail make every stay at La Réserve a bespoke experience.

www.lareserve-paris.com/en/?utm_ source=google&utm_medium=local&utm_campaign=la-reserve-paris

TOP 5 HOTELS IN PARIS HOSPITALITY

The Ritz Paris, nestled in the heart of Place Vendôme, is synonymous with luxury and glamour. This legendary hotel, once home to Coco Chanel and a favourite of Ernest Hemingway, has recently undergone a meticulous restoration, preserving its historic charm while adding modern comforts. The rooms and suites are decorated with sumptuous fabrics, antique furnishings, and state-of-the-art technology.

Dining at the Ritz is a gourmet delight, with options including the Michelinstarred L’Espadon and the elegant Bar Hemingway. The Ritz Club, featuring a luxurious pool and spa, offers the ultimate in relaxation. Staying at the Ritz Paris is more than just a stay; it’s an immersion into a world of timeless elegance and refined luxury.

www.ritzparis.com

There is pressure on every business, no matter on location or industry, to take actionable steps towards becoming more sustainable. And from Business Enquirer’s conversations with leading firms across the globe, it seems those decisions are making a positive impact on public perception and business bottom line.

Continued pressure from governments across the world has seen a shift in electric vehicle uptake (with a vast majority of fully electric vehicle

registrations attributed fleet), but what can businesses do when it is not efficient or possible to travel by car?

Never underestimate Eurostar for corporate travel

Since the merger of Eurostar International Limited and Thalys, the combined Eurostar Business Team manages a portfolio of around 200 corporate clients, 15 TMC and around 3,000 Eurostar for Business/corporate fares (TCF 1) accounts across the UK, France, Belgium, Netherlands, and Germany.

The Eurostar for Business and corporate offering is designed to provide a seamless, productive, and cost-effective travel experience for companies and their employees travelling between the UK and continental Europe.

The service has been developed to consider the needs of both businesses and their employees.

“Whilst companies are seeking simplicity, flat rates, and easy booking via online booking tools, the travellers themselves are looking for perks and services to enhance their travel experience. We have developed an offering which satisfies both of these needs,” shared Eurostar’s Chief Commercial Officer, François Le Doze.

François highlights five key features of the Eurostar for Business and corporate services, which includes: Business Premier Class; the Eurostar Frequent Traveller programme; tailored corporate solutions; a corporate account; and its sustainability focus.

Enriching every business travellers experience, and rivalling the service offered in business air travel, Eurostar’s Business Premier Class features dedicated business class seating with more space, power sockets, and complimentary food and drink from Eurostar’s Michelin starred chef, Raymond Blanc OBE.

In addition, Business Premier Class travellers receive access to Eurostar's Business Lounges at stations, as well as the flexibility to change or refund tickets

Those who register for Eurostar’s Frequent Traveller Programme can earn points and rewards for business travel and tiered benefits such as station lounge access and ticket changes.

From a corporate perspective, Eurostar has implemented several measures to improve efficiency and ease of use, including centralised booking and billing for business, customised reporting and analytics, and dedicated account management support.

In addition, Eurostar’s tailored corporate solutions, which include dedicated account managers and travel consultants, supports businesses in making the right booking choice by offering bespoke travel policies and booking tools for large enterprises, discounted fares and flexible ticketing.

Finally, it is crucial for Eurostar’s growth to drive home its sustainability initiatives, which includes the promotion of Eurostar's environmentally-friendly, highspeed rail service, as well as its carbon reporting and offsetting options for corporate customers.

EUROSTAR TRAVEL

Promoting Sustainability in Transport

Eurostar has set ambitious sustainability goals, such as achieving net-zero carbon emissions by 2030 and transitioning to a fully sustainable supply chain.

“Eurostar's environmental impact and sustainability efforts make it a significantly eco-friendlier choice of business travel compared to short-haul flights,” explained François.

“By choosing Eurostar over short-haul flights, businesses can significantly reduce their carbon footprint and contribute to more sustainable transportation. Eurostar's environmental focus aligns with many companies' sustainability commitments, making it an attractive and responsible choice for business travel,” he continued.

For example, implementation of Eurostar's advanced, high-speed, electric trains are energy efficient, using around 10-times less energy per passenger per kilometre than aircraft.

In addition, they have shown to significantly lower carbon emissions per passenger than short-haul flights. In fact, studies have proven Eurostar's emissions are more than 90% lower than flying the same routes. For example, whilst a flight from London to Paris emits 66kg of CO2 per passenger per journey, travelling by Eurostar reduces this by 96% to just 2.4kg per passenger per journey.

“We’re deeply committed to Europe’s green energy transition. All our trains are using an increasing share of renewable energy, and we are committed to reaching 100% of our fleet being powered by renewable energy,” said François. Eurostar achieved that 100% In the Netherlands in 2017, and as of 2023 the figure is 40% in the UK.

Meanwhile, onboard its trains, Eurostar has implemented various initiatives to minimise waste, including reducing single-use plastics, recycling on board, and donating surplus food to local charities. As well as this, it is trialling a new piece of onboard eco-driving technology that could enable its drivers to reduce energy usage by at least 5% on every journey.

Three Reasons Why Business Travellers Love Eurostar

In addition to the clear benefits to businesses choosing corporate travel with Eurostar, there are some key reasons why business travellers love travelling by Eurostar.

The combination of a high-speed, centrally-located service, business class comforts, and productivity-enabling features make Eurostar an appealing option for business travellers between the UK and Paris.

Comfort Meets Productivity

“Eurostar offers several features and services to ensure a productive and comfortable journey for its business passengers,” shared François.

This includes Eurostar’s Business Premier Class which provides spacious seating, power sockets, and a meal service with complimentary drinks, allowing business travellers to work or relax during their journey.

For those looking to work (or catch up on the latest streaming series) Eurostar's trains are equipped with free Wi-Fi, allowing business passengers to stay connected and productive. There are also tables and ample leg-room to set up a mobile office on the go.

Additionally, whilst travellers only need to check in 45 minutes before departure (unlike two or more hours with air travel), those looking to relax prior to boarding have access to dedicated lounges at departure stations, where they can work, enjoy refreshments, and prepare for their journey in a comfortable environment.

“By providing tailored services and amenities, Eurostar ensures that its business passengers can maximise their productivity and comfort during their journeys, allowing them to focus on their professional priorities,” explained François.

Time Saving

Eurostar offers several time-saving benefits compared to flying, especially for business travellers.

“Eurostar's city centre to city centre connections eliminates the need for lengthy airport transfers, saving valuable time,” shared François.

This, coupled with a reduced checkin time, helps travellers to decrease a journeys length by 4 hours each way, positively impacting valuable business time.

“Eurostar's streamlined boarding process and direct routes result in an overall shorter travel time compared to flying, which is crucial for busy schedules,” François added.

With its direct, high-speed services, Eurostar provides efficient and reliable connections between major business hubs, improving connectivity on routes such as Paris to Strasbourg and Brussels to Cologne.

Baggage Benefits

Eurostar offers several logistical benefits for business travellers compared to air travel, particularly when it comes to security and baggage handling.

For example, Eurostar's security process is generally faster and more efficient than airport security. Passengers only need to pass through a single security checkpoint, without the need for removing liquids, laptops, or shoes. This streamlined security experience saves valuable time for business travellers.

In addition, business travellers can avoid the hassle and uncertainty of checked baggage. They are able to bring their luggage on board, eliminating the risk of lost or delayed bags.

“This provides greater peace of mind and allows them to have their belongings readily available throughout the journey,” said François.

Unsurprisingly, Eurostar for Business’ portfolio has grown rapidly over the last 12 months, with continued developments bolstering uptak.

The business’ New Corporate framework will launch on the 10th of September 2024 for travel after the 4th November 2024. This will allow businesses access to a simplified discount structure and functional benefits.

Corporates can access the Eurostar inventory through multiple channels from GDS Air, Offline Voyager tool, GDS Rail through the Railway partners, and they will also be able to register on EurostarforBusiness to allow access to corporate discounts on eurostar.com if applicable.

www.eurostar.com

The NorfolkRoyalShow

A Triumph for Agriculture and Business

The Royal Norfolk Show 2024, held on July 26th and 27th, was a spectacular success, drawing record crowds and showcasing the best of British agriculture, food, and rural life. As one of the largest agricultural events in the UK, the show not only celebrated the rich farming heritage of Norfolk but also provided a significant boost to local businesses and the regional economy. This year's event was particularly noteworthy for its impressive turnout, diverse exhibits, and innovative business opportunities, making it a standout occasion for both participants and attendees.

A Record-Breaking Attendance

The 2024 edition of the Royal Norfolk Show attracted an unprecedented number of visitors, with over 100,000 people

attending over the two days. This surge in attendance can be attributed to the show's robust marketing campaign, strategic partnerships, and an exciting lineup of attractions. The show's organizers had worked tirelessly to promote the event through various channels, including social media, local news outlets, and collaboration with tourism agencies. The result was a diverse crowd, ranging from local residents to international visitors, all eager to experience the best that Norfolk had to offer.

Showcasing Agricultural Excellence

At the heart of the Royal Norfolk Show is its celebration of agriculture. This year, the event featured a wide range of exhibits, competitions, and demonstrations that

THE ROYAL NORFOLK SHOW 2024 EVENTS

highlighted the skills and dedication of farmers, breeders, and producers. The livestock displays were particularly popular, showcasing prize-winning cattle, sheep, pigs, and poultry. These exhibits not only demonstrated the high standards of animal husbandry in the region but also served as a platform for breeders to network and exchange knowledge.

The agricultural machinery section was another highlight, featuring the latest innovations in farming equipment. This area attracted considerable interest from both local farmers and international visitors, eager to explore new technologies that could enhance productivity and sustainability in agriculture. The presence of major agricultural machinery manufacturers and distributors provided an

excellent opportunity for networking and business development.

A Hub for Local Businesses

Beyond its agricultural roots, the Royal Norfolk Show has evolved into a significant business event. The Food and Drink Pavilion was a bustling hub, showcasing a diverse array of local produce, from artisanal cheeses and meats to craft beers and spirits. This pavilion offered small and medium-sized enterprises (SMEs) a platform to reach a broader audience, allowing them to showcase their products to thousands of potential customers. Many exhibitors reported a surge in sales and new business inquiries, underscoring the show's importance as a catalyst for local commerce.

Additionally, the show included a dedicated Business Hub, where local businesses could connect with potential clients and partners. This space featured seminars and workshops on various topics, including digital marketing, sustainability, and business growth strategies. These sessions were well-attended, reflecting the growing interest in professional development and the desire to stay competitive in an evolving market.

Promoting Sustainability and Innovation

The theme of sustainability was prominently featured throughout the show, reflecting the agricultural sector's ongoing efforts to adapt to environmental

challenges. Several exhibitors showcased innovative solutions aimed at reducing the carbon footprint of farming operations. This included everything from renewable energy systems and ecofriendly packaging to sustainable farming practices.

One of the standout attractions was the Innovation Zone, which highlighted cutting-edge technologies and practices in agriculture and food production. This area featured interactive displays and demonstrations, allowing visitors to learn about the latest advancements in areas such as precision farming, vertical farming, and biotechnology. The Innovation Zone was a particular hit among younger visitors and tech enthusiasts, underscoring

THE ROYAL NORFOLK SHOW 2024 EVENTS

the show's commitment to education and future-forward thinking.

Community and Cultural Highlights

In addition to its business and agricultural focus, the Royal Norfolk Show also served as a celebration of local culture and community spirit. The event featured a wide range of entertainment options, including live music, dance performances, and traditional crafts. The Norfolk Heritage Village provided a nostalgic look at rural life in the past, with demonstrations of traditional skills such as blacksmithing, weaving, and woodworking. This area was particularly popular with families, offering a hands-on learning experience for children and adults alike.

The show's equestrian events were another major draw, with competitions ranging from show jumping and dressage to pony club games. These events not only showcased the skills of riders and their horses but also drew significant crowds, contributing to the show's festive atmosphere.

Economic Impact and Future Prospects

The economic impact of the Royal Norfolk Show 2024 extends beyond the twoday event. Local hotels, restaurants, and retail businesses all reported a significant increase in trade, thanks to the influx of visitors. The show also provided a boost to local suppliers and contractors, from food vendors to security services. This

THE ROYAL NORFOLK SHOW 2024 EVENTS

economic uplift is a testament to the show's importance as a driver of regional economic development.

Looking ahead, the success of the 2024 event sets a promising precedent for future shows. The organizers have already announced plans to expand the Innovation Zone and enhance the Business Hub, reflecting a commitment to continuous improvement and relevance. As the agricultural sector faces ongoing challenges, such as climate change and market fluctuations, events like the Royal Norfolk Show play a crucial role in fostering resilience and innovation within the industry.

The Royal Norfolk Show 2024 was a resounding success, bringing together

the best of agriculture, business, and community. Its record-breaking attendance and the enthusiastic response from both exhibitors and visitors underscore the event's importance as a premier showcase for the region's talents and products. With its blend of tradition and innovation, the show not only celebrates Norfolk's rich heritage but also looks to the future, promoting sustainable practices and business growth. As the region continues to evolve, the Royal Norfolk Show remains a vital platform for showcasing the best of what Norfolk has to offer, providing valuable opportunities for networking, education, and economic development.

www.royalnorfolkshow.co.uk

THE ROYAL NORFOLK SHOW 2024

MEDIA

Jamie Waite

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

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FINANCE

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DATA ANALYSIS

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SOCIAL MEDIA TEAM

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Social Media Manager anita.terrell@busenq.com

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HR

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LEGAL

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