Time to give back
As the Covid-19 pandemic wreaks havoc worldwide, the need for humanitarian assistance has risen dramatically. While GCC states such as the UAE have been at the forefront of donating aid globally, are regional corporations stepping up their CSR agendas and fulfilling their social responsibilities?
BY AARTI NAGRAJ
The Covid-19 pandemic has changed life as we know it. With the death rate and case count growing by the day across the world, it has taken a heavy toll on healthcare systems. It has also devastated economies, forced companies to shut down, and pushed some of the most vulnerable people on the planet into extremely tough circumstances.
The situation has triggered the need for massive amounts of funds to assist countries struggling to deal with the pandemic, as well as communities that have been hit the hardest. The first iteration of the World Health Organization’s (WHO) strategic preparedness and response plan called for a total resource requirement of $675m, of which $61.5m were for activities covering the period of February to April 2020. “As this outbreak evolves, funding needs are likely to increase,” the WHO has stated. So far, contributions have come from across the world, including Kuwait ($60m – the biggest donor globally so far) and Saudi Arabia ($10m), with the kingdom having pledged to provide more assistance.
Diese Geschichte stammt aus der Gulf Business May 2020-Ausgabe von Gulf Business.
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Diese Geschichte stammt aus der Gulf Business May 2020-Ausgabe von Gulf Business.
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Green lights
It hasn’t even been a full year that Stellantis, one of the world’s biggest auto companies, has been in existence. Still, its wheels are spinning furiously. Here’s what it has in store for the region
Purpose through corporate responsibility
Every organisation must deeply reflect about whether they are leaving behind a legacy or a liability, says Abdulaziz AlSowailim, EY MENA chairman and CEO
Analysing the layers of a coconut
When we have a sense of clarity as to our purpose in life, then we institute the correct practices and habits around us, and set realistic and achievable results
DUNES TO DOMINION
FOR A COUNTRY RICH IN TRADITION AND DRIVEN BY AMBITION, THE UAE’S JOURNEY DURING THE PAST 50 YEARS HAS BEEN UNPRECEDENTED. WHAT’S IN STORE FOR THE NEXT 50?
Building strong
International investors are boosting Dubai’s residential property market, which has rebounded strongly from the Covid crisis, writes Aarti Nagraj
CHASING THE AMERCIAN DREAM
FOR SHAI ZAMANIAN, THE US IS A LAND OF LIMITLESS POSSIBILITIES, AN AVENUE HE AIMS TO OPEN FOR FAMILIES WORLDWIDE VIA IMMIGRATION. HERE’S HOW HE IS BRINGING HIS GOAL TO FRUITION
OBITUARY: JOCELYN HENDERSON (1921-2021)
THE GRANDE DAME OF ABU DHABI – THE WIFE OF A FORMER DIPLOMAT – PASSED AWAY IN THE UAE CAPITAL AGED 100
THE DIGITAL DISRUPTORS
IN THE COMING YEARS, THE GCC IS EXPECTED TO PLAY A SIGNIFICANT ROLE IN SECTORS SUCH AS HEALTHCARE, MANUFACTURING, EDUCATION AND RETAIL, WHICH WILL HELP BOOST THE GROWTH OF ITS NON-OIL ECONOMY
Signed, sealed, delivered
Nicolas Baretzki, CEO of Montblanc, partnered with one of the world’s most recognisable luxury brands, Ferrari, earlier this year. Here’s where the partnership, and the German company as well, is headed next
UP, UP AND AWAY
AS THE FIRST IN-PERSON AIRSHOW TO TAKE PLACE SINCE THE OUTBREAK OF THE PANDEMIC, THE EVENT SAW SEVERAL DEALS ANNOUNCED
