NEWS
Oman Investment Authority joins GCC Board Directors Institute as strategic partner
management and regulatory compliance, as well as board effectiveness.
As part of this partnership, GCC BDI recently delivered the tailored Oman Investment Authority Board Development Certification, aiming to equip board members with the essential skills and knowledge required for excellence in governance. The programme engaged 56 participants in both practical and theoretical learning experiences, shaping forward-thinking leaders pivotal to reinforcing the national economic framework.
GCC BDI, founded in 2007, has emerged as the organisation for board directors in the Gulf region, delivering more than 600 programmes and forums to top-tier companies and boasting a network of over 4,200 members. As a Strategic Partner of the GCC Board Directors Institute, GCC BDI, the Oman Investment Authority, OIA has appointed His Highness Sayyid Juland Jaifar Al Said, Chief of the Governance, Risk, and Compliance, GRC Directorate, to represent OIA at GCC BDI’ s Board of Governors meetings.
The GCC Board Directors Institute, GCC
BDI is pleased to announce its strategic partnership with the Oman Investment Authority, OIA, marking a crucial step toward enhancing governance standards across the Gulf region. This collaboration underscores a unified commitment to excellence in governance and leadership, risk
Supported by a prestigious consortium of regional corporations and professional services firms, including First Abu Dhabi Bank, National Bank of Bahrain, SABIC, Saudi Aramco, Allen and Overy, Heidrick and Struggles, McKinsey and Company, and PwC, the GCC BDI is at the forefront of enhancing governance standards in the Gulf region.
Muhammad Al Shoorgi, Chairman of GCC BDI, added:“ Oman Investment Authority’ s commitment to this partnership demonstrates a shared vision for driving governance standards. Together, we will foster a culture of excellence that not only enhances our respective organisations but also contributes significantly to the economic development of the region.”
eSIM marketplace Airalo, partners with Gulf Air to enhance Falconflyer loyalty programme
Airalo, the world’ s eSIM marketplace, and Gulf Air, Bahrain’ s flag carrier, announced a strategic partnership to enhance the travel experience for Gulf Air passengers. This collaboration will enable Gulf Air customers to earn valuable rewards while staying connected abroad.
Under the agreement, Gulf Air Falconflyer members will earn 20 Falconflyer points for every USD 1 spent on Airalo eSIMs.
This exciting offer provides travellers with a seamless and affordable way to access mobile data in over 200 countries and territories, all while accumulating points towards future flights and other rewards.
“ We are thrilled to partner with Gulf Air to offer their passengers a convenient and cost-effective way to stay connected while traveling,” said Tony Kaldas, Director of Partnerships Arabia and Africa.
Hanadi AlAali, Gulf Air Chief Customer Experience Officer said,“ By integrating innovative digital solutions with our loyalty programme, we are empowering our Falconflyer members with greater convenience and exclusive benefits.”
According to a study by Juniper Research, the number of eSIMs installed in connected devices was forecasted to reach 3.4 billion this year, reflecting a growth of 180 % from 2021.
This is a welcome sign, especially in the GCC, as sustainability takes increasing precedence and eSIMs facilitate more efficient and sustainable infrastructure.
Mass adoption of eSIMs would not only play a role in supporting Bahrain’ s goal to reduce emissions by 30 % by 2035 and achieve net-zero emissions by 2060 but also neighbouring countries like Saudi Arabia and the UAE who are respectively working towards achieving Vision 2030 and Net Zero 2050. Research institute Fraunhofer IZM reinforces this notion, with a lifecycle assessment displaying a 46 % reduction in emissions for the eSIM compared to traditional SIM cards.
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