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From The Chair

Khalid Al-Zayani OBE Chairman Welcome to the summer edition of the Forum magazine I would like to thank you for your generous support in our recent elections and kind words of encouragement. I am very honoured to serve as Chair again and I am delighted to have the full support and energy of an experienced and dedicated Committee. We are all looking forward to serving you and building on the solid foundations that have been previous laid.

looking to invest in Bahrain and equally from Bahraini companies interested in forging partnerships and joint ventures to harness British industrial expertise and technical know-how. The special business relationship and close friendship that Bahrain and Britain have forged over hundreds of years will serve both islands in good stead, as we seek to undertake more business with each other We continue to enjoy an excellent working relationship with the British Embassy . H.E. Ambassador, Simon Martin CMG, and his dynamic commercial team support us greatly through a rewarding partnership in the numerous business

Registration number ISSN 1985-9929

We continue to be very grateful to our Corporate Sponsors for their continuous support of the Forum. Their support and financial generosity allows us to increase the frequency and quality of events and to enhance our business association links and networking for our members. We hope that you enjoy this Forum edition and the Committee is looking forward to seeing you, and your guests, at our up and coming BBBF functions. DonÂ’t forget to check our website for details. A couple to note in your diary are our annual Golf Day in September and Poppy Ball in November.

Contents The 2015-2017 Executive Committee....2 Welcome to New Members..............3 Advertiser Index............5 Diary Dates...................5 Member Benefits ..........6 Why join the BBBF? .....7 From Her MajestyÂ’s Ambassador.................8 SIG Update ...............11 SIG Legal ...................12 SIG ICT ......................12 SIG Oil & Gas .............12 SIG WiB .....................13 SIG Finance................14 SIG Young Prof...........16 SIG OE .......................17 SIG Construction ........18 Financial News ...........20 Regional News ...........22 News from the EP ......24 Insuring Safer Roads ..26

We are also delighted that our membership continues to grow. This is a strong reflection of the interest and deep understanding, friendship and business interests and opportunities that exist between Britain and Bahrain. We are delighted to field a lot of enquiries from British companies

networking activities that we organise. We are also very fortunate to have permanent British Embassy representation on our Committee, to ensure that we have develop synergies, capitalise on areas of mutual interest and connect visiting trade delegates to the right people during their stay.

As the weather gets warmer and the days longer, a number of you will be taking well earned breaks which I hope you enjoy and return to the island suitably refreshed. With kind regards Khalid Al Zayani OBE Chairman

BBBF Tel: +973 1781 3488, Fax: +973 1781 3489, Email: bbbforum@batelco.com.bh Bahrain British Business Forum, P. O. Box 10051, Manama, Kingdom of Bahrain

Motoring News ...........28 Education & Training ...32 Hotel & Leisure News .34 Bahrain News .............36 From Manama to Manhattan ..................42 And Finally..................44 Forum

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The 2017-19 BBBF Executive Committee

Chairman Khalid Al Zayani OBE

Deputy Chair Paula Boast Tel: 3319 4445

Hon-Secretary Ben Elsworth Mob: 3633 1167

Treasurer Jonathan Trafankowski Mob: 3914 8599

Embassy Representative Christian Syme Mob: 3324 3031

Member Adel Fakhro Tel: 1727 5000

Member Nasser Al Arayedh Tel: 1727 2575

Member Mazen Alumran Tel: 1771 5555

Member Ava Garbutt Tel: 3941 1938

Member Mark Gravener Tel: 3976-6565

Executive Manager Dena Wales Tel: 3969 6191

This edition of the BBBF Forum magazine was compiled by Andrew Mead at Mead Management Services Ltd. email: andrew@sbtd.co.uk UK Mob: 0044 7940 559 925 Bahrain Mobile: 00973 3627 2969 KSA Mob: 00966 506 271 151 If you would like to contribute to a future edition please telephone or send an email to info@sbtd.co.uk A full page advert is charged at BD330. A half page advert at BD200, A quarter page advert at BD110 A small panel at BD55 Assistance with Advert design is available if required Please note: The BBBF nor its agents do not warrant the services of any of the individual or corporate members of the BBBF. The views and opinions expressed by independent contributors must not be regarded as those of the BBBF or its agents. Publication of any article or advertisement does not imply any endorsement of the views, products or services described therein.

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Welcome to New Members Sumana Abdulkarim Associate Newton Legal Group Mob: 6666-8880 sumana.abdulkarim@ newtonlegalgroup.com

Bastien Blanc Sofitel Bahrain Zallaq Thalassa Sea & Spa General Manager Tel: 1763-6363 Mob: 3838-2085 H6722-gm@sofitel.com

Aamal Al Abassi Principal Newton Legal Group Mob: 3887-8873 aamal.alabbasi@ newtonlegalgroup.com

Ali Chachar Marketing Manager Sofitel Bahrain Zallaq Thalassa Sea & Spa Tel: 1763-6342 Mob: 3968-0181 H6722-MK@sofitel.com

Fahad T. Al Zain OAK Utility Solutions & Development WLL Manager - Field Operations & Development Tel: 1758-0277 Mob: 3940-6663 falzain@oakbh.com

Ayca Civgin Diplomat Radisson Blu Hotel, Residence & Spa Corporate MICE Sales Manager Tel: 1753-1666 Mob: 3995-4530 ayca.civgin@radissonblu.com

Hussain Ali Awachi British Council Customer Services Manager Tel: 1726-1555 ext 222 Fax: 1753-0600 hussain.awachi@ britishcouncil.org.bh

Christopher Coupland General Manager Insure Direct Tel: 1782-2601 Mob: 3949-0271 chris_coupland@jltgroup.com

Pasquale Baiguera General Manager Movenpick Hotel Bahrain Tel: 1746-0000 Mob: 3933-5696 pasquale.baiguera@ movenpick.com

Serkan Feimoglu Cluttons Surveyor – Professional Services Tel: 1756-2860 Mob: 3996-3485 serkan.feimoglu@cluttons.com

Terry Bignall Nexus Financial Services WLL Sales Manager Tel: 1751-1777 Mob: 3550-7632 terry.bignall@nexusadvice.com

Trevor Fletcher McLaren Bahrain Head of McLaren Tel: 1750-2774 Mob: 3335-5949 trevor.fletcher@ bahrain.mclaren.com Forum

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Welcome to New Members

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Hanne Skjold Hansen Seef Dental Finance Director Tel: 1758-7991 Mob: 3689-0252 hanne@seefdental.com

Orest Lachowycz CBRE Bahrain WLL Research & Consultancy Manager Tel: 1655-6600 Mob: 3304-3007 Orest.Lachowycz@cbre.com

Richard Hicks NBB CMO Tel: 1720-5516 Mob: 3994-0515 Richard.Hicks@nbb.com.bh

Matthew McDonald Trowers & Hamlins Lawyer Tel: 1751-5600 Mob: 3941-9385 mmcdonald@trowers.com

Bedoor Kazim Associate Newton Legal Group Mob: 3979-1199 bedoor.kazim@ newtonlegalgroup.com

Norman Sheppard BAPCP Leader - Base Oils Unit Tel: 1775-3467 Mob: 6691-1777 norman_sheppard@bapco.net


Our thanks to all the advertisers in this edition of Forum. Without their support, this issue would not have been possible. Please give them yours.

Allied Pickfords................................................ page 25 AXA Insurance ................................................ page 19 Bahrain Rugby Football Club .......................... page 43 Etihad Airways................................ outside back cover Euromotors Land Rover .................................. page 29 G4S ................................................................. page 15 GPIC................................................................ page 20 Infonas............................................. Inside Back Cover Mansouri Mansions ......................................... page 39 Nexus ..............................................Inside Front Cover Skin Health Centre .......................................... page 41 Streetlight Photography..................................... page 5 The Robin Hill Hotel ......................................... page10

Diary Dates Tuesday September 19th BBBF Monthly Business Networking Lunch Meeting Guest Speaker: Tamkeen Timings: 12noon to 14:30 Saturday September 23rd BBBF Annual Golf Day (with prize giving and buffet lunch) Timings: 7am to 15:00 (To put a team in please contact the BBBF office). Monday October 9th BBBF Monthly Business Networking Lunch Meeting Guest Speaker: Red Arrows TBC Timings: 12noon to 14:30

Trafco / Royal Norfolk...................................... page 27 Viva ................................................................. page 33 To advertise in a future edition of the BBBForum magazine please contact the compiler, Andrew Mead of MMSL on andrew@sbtd.co.uk or call Caroline Wilkie on 3671-8115 Adverting Rates for 2017 editions Full page: BD330 Half Page: BD200 Quarter Page: BD110 Small Box: BD55 Discounts for multiple bookings

Thursday November 16th BBBF Annual Poppy Ball & Chelsea Pensioners Visit Timings: 7pm to late Thursday December 7th BBBF Annual Christmas Lunch Meeting Timings: 12noon to 14:30

Events in the pipeline Please note - dates and timings are subject to change. Visit the BBBF website www.bbbforum.org and check the calendar for updated details on the above and other events/meetings being held.

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Benefits for BBBF Members

Benefits for all our members may be obtained on production of their Membership card at the concerned outlet. We would like to hear your feedback concerning these discounts. Please do not hesitate to offer your services to our members by contacting the BBBF office. If any member has any difficulty obtaining a discount, please contact the BBBF office so we can rectify the situation.

AXA Insurance 10% discounts to members on personal lines insurances. (excluding medical) Terms & Conditions Apply. Contact: Jonathan Jane Tel: 1758-8222 Email: jonathan.jane@axa-gulf.com Bateel BBBF Members can enjoy 10% Discount when presenting their Membership Card, Complimentary collection for refilling, Complimentary delivery. Development Managers readily available for a courtesy meeting at your location. Email: m.shareef@almoayedgeneral.com Contact: Mahboob Shareef Mobile: 3964-4222 BIZNET BBBF female members can join BIZNET for a 25% reduction in the fees (BD 75 for 9 events instead of BD 100). This also includes complementary entrance to mixed events. A member discount card is also provided. BBBF male members are welcome to attend mixed events for BD10 per session. BMC BBBF members and Organisations are eligible to a 20% discount on Team/Executive Coaching and Association for Coaching International Coach Training as well as 10% discount on other training, consulting and psychometric profiling. Contact:- Dr. Clare Beckett-McInroy (Managing Director & Master Coach), Mobile: 3844-2727, email:- clare@beckett-mcinroy or office@beckett-mcinroy.com British Airways Valid until 31 Dec 2017 ** conditions apply BBBF members can enjoy exclusive discounts of up to 10% on fares from Middle East in Club World business, World Traveller Plus premium economy and World Traveller economy fares on British Airways flights. The discount rate is applicable to round or one-way trips booked before 31 December 2017 and for outbound travel by 31 December 2018. This discount is not valid on taxes, fees and surcharges. Terms and conditions apply To book please login at www.ba.com/bgme-bh GRP Arabia 10% discount for members on 1-on-1 Executive Coaching, Contact: Kevin Craig Tel: 3619-9980 Email: kevin@griparabia.com

Fedex Express Middle East Valid until December 31, 2017 As a BBBF member, you can enjoy a 40% discount on FedEx rates for all your international shipments from Bahrain, up to 68kg. To avail this offer, drop your shipment in person at the FedEx Service Center located at: GLS complex, Block 224, Rayya Highway, shop 6, Muharraq. Show your BBBF membership card along with a valid ID. For more information on the program, you can contact FedEx at bahrain@fedex.com or call FedEx Customer Service at 1733-4448. Gulf Computer Services (GCS) IT Health Check. GCS have offered BBBF Members a site survey and assessment of all their computer hardware, software and systems. Hasan Mansouri 10% discount to members at Mansouri Mansions Hotel and Country Club. Contact: Karim Mansouri Tel: 1772-8144 email: karim@karimmansouri.com Novotel Bahrain Al Dana Resort BBBF members can enjoy 20% discount in our Restaurants & Lounge for up to 6 persons. Special CPR promotional rates during weekends. Please contact Reservations: 1729-8411/ email: H3600-RE1@accor.com Oasis Training Centre Oasis Training are pleased to offer 10% discount to members on all English, Insurance and Professional Soft skill training programs. For more information please visit http://www.oasistrainingbh.com, Call: 1733-0823 or email: info@oasistrainingbh.com PRIME Instant Offices & Business Centre 1. 10% off Videoconferences within Business Centre hours; 2. 10 off our Visa Processing services; and 3. One month free for all our Virtual Office packages. 4. 10% off our meeting room rates within centre hours. Contact Emma Curtis-Smith, Centre Manager Tel: 1757-0379 email: emma@primeinstantoffices.com Protection Insurance Services offers BBBF members special rates on their personal insurance (motor, home, travel and any other insurance cover). Members will just call to select the cover type, share the credit card number and we will deliver the policy documents to his / her office. Please call 3904-3446 or 3645-4282

Crowne Plaza Hotel valid until 30th December 2017 Special offer for BBBF Members - 20% discount on all Food & Beverage consumption. BBBF Membership Card must be presented at checkout. May not be combined with other offers/ discounts. Call 1753-1122 (offer excludes MICE)

Royal Over-Seas League Reduced rates for BBBF members at ROSL clubhouses in London and Edinburgh Email: fvanicek@rosl.org.uk Tel: 0044 20 7408 0214 Fax: 0044 20 7499 6738

DHL 25% discount from the cash tariff for any personal shipments being sent from Bahrain to anywhere in the world available on production of your membership card. Tel: 1736-4100 www.dhl.com.bh

Servcorp Business Package First month FREE on any Servcorp Virtual Office package. For details contact: Danni Hunneyball, Assistant Manager Tel: 1750-3000 email: danni.hunneyball@servcorp.me Web: www.servcorp.bh

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Why Join The BBBF?

BAHRAIN The Pearl of the Gulf has had a long standing relationship with Britain and is still a major trading partner.

Membership directories are distributed to members of visiting Trade Missions and are available through the Embassy and business centres in five star hotels.

BRITISH Trade with Bahrain is now subject to significant competition in this era of globalisation particularly from countries in Europe and from the USA.

Simply click on “Sign Up” on our website www.bbbforum.org complete the application form and click submit. Sounds simple, it is, it must be worth it.

BUSINESS between Bahrain and Britain must be promoted in order for Britain to maintain its dominant position. The BBBF has been formed to help in whatever way it can to do this and through its close cooperation with the British Embassy seeks to promote exchange of trade and good relations between Bahrain and Britain. FORUM Is defined in the Collins English Dictionary as, “an assembly or meeting to discuss topics of public concern”. The BBBF provides through its monthly meetings a platform for networking amongst its members and the exchange and dissemination of useful business leads and opportunities. In addition, in return for a modest subscription, members receive the benefit of inclusion in an annual directory describing the products and services they have to offer and a listing on the BBBF website again with a description of activities, contact numbers and useful links.

BBBF Membership Application Please complete the membership form and send it to: BBBF Executive Office, Fax: (00973) 1781 3489, or Email: bbbfmemberships@batelco.com.bh. For further information call (00973) 1781 3488, Web site: www.bbbforum.org

Cost of membership Individual Membership: BD 100 per annum, with an additional BD 40 once-only registration fee. Corporate Membership: BD 400 per annum (up to 5 individuals) plus BD 40 for each applicant up to a maximum of 10, with an additional BD 100 once-only registration fee. Corporate Sponsorships Three levels of sponsorship are available: Platinum: BD 5000 each year for three years Gold: BD 5000 for one year Silver: BD 3000 for one year Sponsor packages include a variety of advertisement opportunities in the Membership Directory, the Forum magazine, the BBBF website and at the regular lunch meetings. Full details are available on request.

Corporate Membership please complete separate form for each applicant

Individual Membership

Company Name

Website address of business (if applicable)

Title and full name (Surname first)

Describe how you / your company contribute to substantial business interests in Bahrain (Maximum 150 words)

Position in business Nationality

Date of Birth

CPR Number Address of business (P.O.Box & Town) Business telephone

Facsimile

Home telephone

Mobile

E-mail address

I agree to abide by the BBBF Constitution & Internal regulations. Applicants Signature

Please note that the granting of individual or corporate membership is subject to BBBF Committee approval.

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From Her Majesty's Ambassador

A

s I write this we are just on the cusp of the intense summer heat, for the time being we are still enjoying the relative freshness of June with breezy evenings; perfect for sitting outside and even the chance of an occasional cycle ride. My friends at Bahrain Social Runners are still out running even in Ramadan, which is a level of commitment I can only envy! The Holy Month is of course a wonderful opportunity to engage informally with family and friends and I rather hoped that it would signal a quiet period, but the UK election and the ongoing difficulties here in the Gulf have kept us busy throughout. More on the former

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later. On the latter, we can only hope that the situation improves quickly as a disunited Gulf is not good – either for the smooth flow of business or for our security. As the mercury rises, and we feel ourselves on the final countdown to holiday time, I detect no slowing down on the business front: on the contrary, it has been a busy few months for my Department of International Trade (DIT) team, with plenty of exciting events and company activities to report and plenty more coming up as we head into summer. In March, DIT Bahrain attended the region’s largest rail exhibition and conference, Middle East Rail where we facilitated a meeting between Paul Maynard MP, Parliamentary Under Secretary of State at the Department of Transport and H.E Eng Marian Jumaan, Undersecretary for Land Transport and Post at the

Bahrain Ministry of Transportation and Telecommunications. The purpose of the meeting was to discuss expanding collaboration in the field of transport infrastructure and to convey HMG’s commitment in supporting Bahrain’s economic diversification efforts, specifically in building a sustainable transportation network. We are hopeful that there will be a strong presence from British companies and their partners in the new rail & road causeway project between Bahrain and Saudi Arabia. Indeed, many British companies attended the June market consultation event held by the Ministry of Transportation to promote international interest in this new project. We know that the Ministry of Transportation intend to use the Public Private Partnership (PPP) model to fund this project, and I like to think the UK’s expertise in this field certainly gives British companies a head start.


PPP is an important and useful alternative funding model that the UK has pioneered, and is very willing to share both its successes and the lessons they have learnt. PPPs have played a vital role in delivering major infrastructure programmes in the UK across a wide variety of sector including energy, transportation and utilities. Following the first ever UK-GCC Public Private Partnership Conference which took place on 19th April 2017 at Lancaster House in London, DIT Bahrain successfully organised a two-day follow-up seminar on Public-Private Partnerships and national infrastructure planning. It was delivered by the UK’s Infrastructure and Projects Authority (IPA), the UK Government’s centre of expertise for infrastructure and major PPP projects. The IPA is in charge of 700+ UK national infrastructure projects which are currently ongoing, but it also has a remit to share its expertise in this field with interested Governments and planning authorties around the globe. The event was exclusively for government officials and attracted over 50 senior representatives from various Bahraini ministries and authorities, including several Ministers. The seminar covered wide ranges of topics including institutional and regulatory issues concerning PPPs, engaging with the private sector in PPP projects, how to structure a contract, ways on ensuring efficient procurement and contact management along with some sector specific case studies. Our hope is that this knowledge building and sharing will help pave the way for greater use of innovative financing models in Bahrain, which offers the prospect not only for the rapid roll out of key infrastructure projects but also of major opportunities for British companies. Watch this space... Speaking of financing; in May we received a return visit from Mr Vomic Nur Shah, Regional Head for Business Development in the Middle East for UK Export Finance. For those who were not able to hear Vomic’s presentation to a packed BBBF monthly lunch, UKEF is the UK’s export credit agency with a mission to ensure that no viable UK export falls for lack of finance or

insurance, while operating at no net cost to the taxpayer. It supports long term economic growth and competitiveness by complementing the private market with insurance for exporters, loan guarantees to banks, and support for and provision of loans to overseas buyers of UK goods and services. Vomic had a series of high level meetings with government ministries and companies. We want to make sure that as many companies as possible know how to access this finance. The terms are very favourable: with a minimum UK content requirement of just 20% and some of the most competitive terms amongst the OECD ECAs, UKEF provides flexibile financing to GCC and Bahraini sponsors with respect to project procurement decisions. It is not just for large companies either, over 75% of UKEF transactions are with SME’s. For further information please contact my DIT team in Bahrain (Christian.syme@fco.gov.uk). Moving on to education, UKBahraini collaboration goes from strength to strength. Universities UK International (UUKi) led a delegation of seven prominent UK higher education institutions and the UK’s Quality Assurance Agency to Bahrain in March. International Partnership officials from the universities met the Higher Education Council, the Bahrain Economic Development Board, Bahrain Polytechnic, the University of Bahrain, representatives from the private sector and stakeholders in upcoming higher education projects. The delegation included Manchester Metropolitan University, Queen Mary University London, City University London, Leeds Beckett University, St. George’s University, University of Greenwich, and Middlesex University. I was delighted to attend the launch of two major higher education partnerships – the establishment of the Applied Science University’s Engineering College in collaboration with London South Bank University due to open in September, and two Cardiff Metropolitan University programmes in business that will be delivered in Bahrain through the ASU, also starting in September. And I predict with confidence that in future

editions I shall be able to announce further exciting and significant British entrants to the Bahraini higher education sector. Furthermore, it is not just about teaching: in April we celebrated the signing of three major joint research initiatives in the field of Energy, Water and Food Security. Three UK universities – Oxford, Aston, and Loughborough, will commence the joint projects with the University of Bahrain in what are becoming increasingly important areas of research for the Gulf and Bahrain. As I write the outcome of the UK general election is known but the process of forming the new Government is still ongoing. What is clear is that the Prime Minister has reappointed her most senior Ministers, including Dr Liam Fox as International Trade Secretary and Boris Johnson as Foreign Secretary. They and their teams will continue to prepare the way for Britain’s new global role outside the EU after the Brexit negotiations have concluded. I am sure you will share my enthusiasm for the prospects for developing the UK’s already deep and successful trade and investment relationship with the countries of the Gulf as that happens. I think that’s enough for now – although I’m glad to say we have a promising pipeline of good news stories for later in the year.... So allow me to finish by wishing you a blessed Ramadan and, if you are travelling over the summer, happy holidays and we will look forward to seeing you in September.

Simon Martin H. M. Ambassador Forum

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SIG - Update The Young Professionals event at the Bahrain Bourse was invigorating for the BBBF, with a terrific attendance. A unique venue that provided the perfect back drop to hear directly from the Minister of Industry and Commerce, HE Zayed Al Zayani about developments for young people entering the market and where he also gave his valuable time to answer their questions directly. The Bourse arranged to display the BBBF logos on the outside electronic displays of the BFH as well. Pretty good publicity and our thanks go to them.

Mark Gravener SIG Chair

I

would like to begin by thanking you for your support at the recent AGM and will do my best to serve the members well, on the BBBF committee.

I very much look forward to working with the existing SIG Heads to grow and develop their profile, to establish the new SIG’s and to support the team taking over our Legal SIG. I’d like to thank Newton Legal for agreeing to steer this group going forward and Norton Rose for their time and positive contributions over the last two years. With your input, we will review the direction of each of the SIG’s and make this mechanism of the forum, effectively encourage the maximum business growth between our two countries and claim a greater share of the available opportunities that exist. Since the last magazine, there have been a number of notable SIG events, really well done to all and I would encourage you to attend more of these. The level of interaction and dialogue is terrific and many members remark that going to an event that is not necessarily directed at their industry is refreshing and inspirational.

Please do look at your organisations and encourage participation in this SIG especially, so we can protect our future membership and do more with a truly representative group. The Hospitality, Leisure and Tourism SIG will now be launching after the summer and the team has great ideas for how this will contribute to the group. Our ICT group plan on some exciting community outreach around responsible use of online and social media and Banking & Finance are keen to secure additional volunteers representing these sectors. So, amongst all the bizarre events in the world and tougher economic times for the GCC, let’s just remember; there is always business being transacted but we have to be smarter and more focused in securing it and that’s why your BBBF as a well established and respected conduit, can support you and your organisation in your objectives. Enjoy the summer and see you at the next SIG events. Forum 11


SIG - Legal

SIG - ICT

We, and the rest of the team at Newton Legal Group, are delighted to have taken on the mantle of leading the Legal SIG. Challenging economic times bring a renewed focus on getting your legal agreements right, resolving disputes Sumana Abdulkaim Joint SIG Chair effectively and complying with new laws. As an internationally registered law firm with mainly Bahraini lawyers, we will combine local and international perspectives on the subjects covered. We will present on trending legal topics in Bahrain such as new legislation which affects expatriates, nationals and local companies. We will also cover matters of perennial interest such as key clauses in commercial agreements.

Aamal Al Abbasi Joint SIG Chair

Please let us know, at the following email address, if you have topics which you would like us to cover: sumana.abdulkarim@ newtonlegalgroup.com We look forward to seeing you at our Legal SIG events.

Bedoor Kazim Joint SIG Chair

SIG - Oil, Gas & Energy

The ICT SIG focuses on spreading awareness of Information Technology and Communication. A lot has been happening in the ICT arena in the first half of 2017. On the IT side, the number of cyber-attacks increased and most attacks demonstrated a highlevel of sophistication.

David Wales Joint SIG Chair

The recent WannaCry ransomware outbreak crippled systems ranging from health care to transportation. It was one of the biggest cyberattacks that we have ever seen impacting over 150 countries and infecting more than 250,000 machines. The outbreak highlighted how ill prepared most organisations are. Most organisations were using outdated and unsupported versions of operating systems and had to update their systems urgently to avoid being infected by the ransomware. Also the sophisticated level of the latest cyberattacks make it essential that your IT defence mechanisms, e.g., firewalls are up to date and effective. The ICT SIG will be organising a number of events after the summer break to create awareness on the cyber security threats.

Ravi Jayasundera Joint SIG Chair

Mike Jackson Joint SIG Chair

Sponsored by

As we enter the Holy Month of Ramadan, followed by the summer months for vacations, many organisations continue to drive forward with their endeavors to deliver services, meet deadlines, deliverables and achieve project milestones etc. At this time the SIG for Oil, Gas & Energy is planning its next meeting, post summer vacations, sometime in September. We aim to continue the subject of Sustainable Renewable Energy following the last successful meeting under the patronage of H.E. Dr. Abdulhussain Bin Ali Mirza. The focus will be on thermal treatment and the conversion of waste to Energy (WtE), considering how recyclable and energy conversion systems deal with the waste streams in the Region. Invitations for what we believe will be another interesting meeting will be sent out over the next month and we look forward to welcoming and seeing as many of you as possible. The SIG for Oil, Gas & Energy, sponsored by OAK Utility Solutions & Development welcomes any volunteers who can 12 Forum

Simon Bromyard BBBF Oil, Gas & Energy SIG Chairman offer their time and expertise in contributing to maintaining the success of this group. If you are interested in contributing to this important SIG in any way, please contact SIG leader, Mr. Simon Bromyard, Projects Director; sbromyard@oakbh.com Finally, may we take the opportunity to wish all Members a Peaceful Ramadan, safe travels and a great summer ahead.


SIG Women in Business

Georgina Munnik Joint SIG Chair Following on from a very successful first event held at the Capital Club in March, which officially launched the Women in Business SIG, the joint Chairs of the group have been compiling a calendar of engaging events for the remainder of the year. The inaugural event, which coincided with International Women’s Day 2017, was attended by over 60 members and their guests. The next event will take place in July. During the first meeting, the SIG sought feedback from members on the direction of the group, the events members would like to see, and what they would find most beneficial in our meetings. Feedback on the creation of the SIG and the first event were overwhelmingly positive, with members identifying the most value in information and knowledge sharing, and networking through the events.

Emelia Mateva-Smith Dr Clare Becket-McInroy Joint SIG Chair Joint SIG Chair As a result, the focus of the Women in Business SIG will remain on building a networking and discussion platform, highlighting key business trends and issues, enabling business exchange for women and men in business, creating opportunities and engaging with the business community, leaders and entrepreneurs. Our aim is to host another two to three events in 2017, introducing a balanced range of panel discussions, roundtables, presentations, workshops and networking events to carry forward the SIG’s momentum from the launching event. We will continue to consult with members on the focus of the events, and welcome contributions, feedback and suggestions. If any members would like to participate in organising a WIB event, please contact one of the co-chairs of the SIG,.

BBBF Oil, Gas and Energy SIG hosts meeting at Capital Club The BBBF SIG for Oil, Gas and Energy sector professionals hosted a meeting at the Capital Club recently The event, sponsored by OAK Utility Solutions and Development (OAK), featured a leading industry expert Mr Michael Martella, the Managing Director of Anergy Ltd and a Member of the Science Advisory Board at TEKCAPITAL, as the keynote speaker. The presentation was facilitated by Mr Simon Bromyard of OAK, Head of BBBF’s Oil, Gas and Energy SIG. In his address Mr Martella discussed how traditional sources of energy, such as fossil fuels and nuclear power, operate on the basis of large scale power plants with large distribution networks across wide areas. He explained that current trends indicate a change towards a model of distributed power, resulting in a more cost effective energy mix based on renewable energy sources. The distributed power model, involves the supply of Megawatt scale power plants within close proximity to where the power is consumed and the feedstock is generated, thereby also reducing transportation and transmission losses. Mr Martella commented: “Such beneficial change presents an excellent opportunity for the GCC to recycle various streams of waste which are typically landfilled. Through the

use of high temperature Pyrolysis technology, we are able to produce clean energy which is more cost effective via an environmentally friendly process.” The BBBF’s SIG for Oil, Gas and Energy professionals aims to facilitate networking and exchange of information amongst industry colleagues and is sponsored by local Bahrain company OAK Utility Solutions and Development (OAK). The BBBF has a total of nine SIGs covering construction, banking & financial services, ICT and legal sectors; as well as organisational effectiveness, hospitality, young professionals and women in business. The SIGs offer BBBF members an important medium for connecting with industry peers, exchanging knowledge and discussing topics relevant to a specific sector. Forum 13


SIG - Banking & Finance GCC gears up for Value Added Tax (VAT) in 2018 The economies of the Gulf Corporation Council (GCC) countries are highly dependent on the energy sector, around - of their GDP. The decline in oil prices from 2014 peaks 40% has led to sharp falls in government revenues, fiscal buffers and current accounts for oil producers. The GCC needs to introduce broad-based taxation to compensate for the loss of oil revenue, to diversify revenue and ensure fiscal sustainability over the medium and long-term. Hence, came their decision to impose a 5% Value Added Tax (VAT) in an effort to elevate the robustness of government income. It is expected that the tax will be applied in January 2018, or mid of 2018 at the latest. However, it may not be surprising if all the GCC countries decide to start from 1 January 2018 itself, as this may reduce many administrative and technical complications especially if the authorities are planning to consider GCC region as a ‘VAT Zone’ similar to Europe. GCC Unified Agreement for VAT The GCC member states have recently agreed and signed Framework agreement that will provide the basis for the introduction of a uniform VAT system. The Unified Agreement for VAT (“UA VAT”) is a major step towards implementation in the GCC. The UAVAT sets out a broad framework for the tax, it is expected that detailed insight can be provided by mid or last quarter of 2017 when GCC member states will be releasing their local VAT laws, administrative requirements and guidelines. It’s a structure that provides for a consistent and coordinated approach across the region, which is designed to reduce the risk of VAT creating any distortion of competition between member states and allows member states a measure of flexibility in the way the tax is applied. Scope and key points under GCC UA VAT

Arshad Gadit Joint SIG Chair

• The standard rate of tax will be 5% on the supply of goods and services. • Businesses with annual revenue of over US$100,000 (BD37.5K) will be required to register for VAT purposes. Whereas 50 % of annual revenue threshold will have the option to register for VAT. What should business be doing? The introduction of VAT and its implementation within your business could have a wide-ranging effect. VAT is not simply a tax issue - it is a business issue. The challenge is to identify and address all business issues before the VAT implemented and minimize to the extent possible, any disruption to your business. Immediate action points - 7 commandments The suggested actions that the business owners and key management personnel can consider immediately (without waiting for any further announcements from authorities) include the following: ü

Review all legal agreements relating to supplies of goods and services to ensure that they are updated to include an “excluding VAT” clause to minimize the vendor interpretation of ‘VAT inclusive’ and negative impact on cash flows.

ü

Consider how your business is going to cope with the IT issues which are critical to your core processes including handling receipt of VAT invoices, credit notes, etc.

ü

If your customers are consumers, identify suitable Point Of Sale (POS) software that will be able to accurately calculate VAT on sales, etc.

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Depending on the size of your business, consider the necessity to send certain key staff on an external VAT training course or to invite an expert to conduct an in house VAT training session that suits your business model.

ü

Appoint a “VAT champion” in your organisation as the primary person to ensure that your business is “VAT Proofed” and that there are no unpleasant surprises at a later stage.

• The standard rate of tax will be 5% on the supply of goods and services. • Businesses with annual revenue of over US$100,000 (BD37.5K) will be required to register for VAT purposes. Whereas 50 % of annual revenue threshold will have the option to register for VAT. • The export of goods outside GCC member states will be zero rated. • VAT will be applied to net (of discounts, rebates) value received; however there are documentation requirements to become eligible for netting. • Assets transferred without any consideration or less than the market value will be calculated using fair market value 14 Forum

Jonathan Trafankowski Joint SIG Chair


ü

Take the opportunity to discuss the introduction of a VAT system with your suppliers and customers to ensure that any potential misinterpretations and the related consequences.

ü

Stay close to your local VAT Advisory team who will be actively monitoring all ongoing VAT related developments.

Conclusion Though the VAT mechanism is not likely to have many surprises compared to the other VAT zones, the GCC Countries will review its VAT systems as the time progresses with practices from across the globe so as to have a more robust and efficient model.

VAT is likely to have implications across the whole business, with considerations for the finance department, IT, HR, sales and marketing and legal. A phased approach is required to deal with the potential issues, starting with an initial impact assessment to establish the key VAT touch points for the business. After the initial stage it will be possible to build a plan for implementing the changes that will be required, including the essential changes to IT system and accounting processes. There is a limited time span left for the businesses to get ready. The devil is in the detail and there are many finer points which will be clarified upon introduction of the laws by GCC countries.

The History of VAT The system of Value Added Taxes or VAT was introduced for the first time in the market by Maurice Lauré, the modern French economist who was the joint director of the French tax authority and the director general of the department of import. He was the first person to introduce VAT with effect from 10th of April 1954 in the cases of large businesses, and which has extended over time to all

business sectors. In France, VAT has become one of the most important sources of state finance and it is accounting for almost 45% of state revenues. In Britain it’s about 32%. Like all the other direct taxes in the market, VAT is quite different. It is an indirect tax because it is collected from someone other than the individual who actually bears the cost of the tax. i.e. the seller rather than the consumer.

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SIG - Young Professionals The Bahrain British Business Forum’s (BBBF) Special Interest Group (SIG) for Young Professionals recently hosted an exclusive networking event for Bahrain’s young professionals. The event featured H.E. Mr. Zayed Alzayani, Minister of Industry, Commerce and Tourism, as the guest of honour and keynote speaker. The event, held at the Bahrain Bourse

Michael Fodor Joint SIG Chair

at Harbour Gate, was attended by over 80 young professionals and BBBF members from a variety of Bahrain’s business sectors.

opportunity to gain further knowledge on developments the Ministry is working on in building the start-up ecosystem in the country.

In his address H.E. Mr Alzayani discussed Bahrain’s current economic circumstances and the outlook for the remainder of the year. His Excellency encouraged the young professionals and budding entrepreneurs to confidently grab opportunities to establish operations, work hard and grow beyond the borders of Bahrain. Following the presentation an interactive Q&A session was held where the attendees enthusiastically took the

Commenting on the importance of the event, Ms. Ava Garbutt, co-head of the Young Professionals SIG, said: “BBBF’s Young Professionals’ networking events are designed to expand the knowledge of Bahrain’s start-up workforce while connecting them to a vast network of established executives, in order to propel their careers forward. By affording them the chance to gather and network, young professionals can take the opportunity to forge lifelong

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Daniel Edwin Joint SIG Chair

Ava Garbutt Joint SIG Chair

business connections. “ Bahrain’s Young Professionals SIG was set up with the mission to provide its members access to the Kingdom’s largest and most prolific business association and its vast network. The organisation holds a number of social and business networking events throughout the year which are designed to give the leaders of the future, the opportunity to meet on a regular basis in a friendly environment with BBBF members, invited guests and senior business community. The next event will be held in September 2017 after Ramadan and the summer break.


SIG - Organisational Effectiveness

Mike Orlov SIG Chair

The SIG Organisational Effectiveness group has recently been exploring and focusing on higher performing organisations and lean-management. A series of events for September onwards is being planned. The SIG is also scheduling further speed business networking evenings which have proved so popular over the last year. Effective lean-managed enterprises possess a systematic, disciplined approach and exhibit time well-spent on planning phases throughout the organisation; from development of strategy and vision through to individual objective-setting for tactical and immediate future-activity. Establishing goals and objectives is vital in order to create a platform for a higher performing organisation. These must be established first as they give guidance for strategic choices and tactical activity and lead to developing transformational process goals, guiding individuals to achieve a higher performing organisation.

There should be six goals for every transformation process: lower costs where possible without damaging operations; higher quality (fit for purpose) without over-spending; greater speed without damaging quality and ensuring getting it right

fi rst time is a core value; improved employee safety, development, and morale; improved flexibility and agility; enhanced sustainability. In a world of tough competition, buyers of our services and products differentiate among competitors along these six goals of a transformation process. The first three of these goals are easily agreed to and understood. All things being equal, achieving a lower cost of production, a higher level of system output quality, or a faster order response time each affords a competitive advantage. The fourth goal of improved employee safety, development, and morale represent vital obligations for owners, C-suite, the board, leaders and management to provide safe, healthy and happy working environments for all employees. No argument from most that the key asset of any enterprise is its employees; effective lean leaders should invest in this asset. Less well understood is the fifth goal of flexibility. Flexibility refers to the quick adaptation to changing customer and market requirements; an agile approach. Flexibility and agility have different dimensions, including volume, product, and process. Volume flexibility is the ability to operate profitably at varying output levels.

The sixth goal is sustainability, addressing how processes and operations can last longer and have less negative impact on ecological systems given a long-term focus on adding value through sustainable purpose and vision. It is the conservation of resources, natural or otherwise, through sustainable activities and processes across a value system. Sustainability has economic, social, and ecological

components. It is an emerging frontier of lean and extends lean principles externally across a value chain and we are beginning to see signs of such approaches in Bahrain. Although each of these objectives should be pursued, they are not necessarily equally important at all times. The planned meetings for the SIG will be a platform for exploring, discussing and learning from each other on how to embrace higher performing organisation and lean management over the next year; watch this space! Forum 17


SIG - Construction The Construction SIG got back underway with a new organising team in place. If you would like to stage an event within this SIG or participate in any way you can now contact Gary Laing or Emyr Rowland of Mott MacDonald and Simon Baines of Al Hamdan Consulting. May saw an event run in conjunction with The Society of Construction Law (Gulf). Guest speakers included Alex MacLeod of Mott MacDonald and John Barnes of HKA (previously Hill International). Chaired by BBBF Deputy Chair Paula Boast, the event focused on the increasing interest in PPP projects in the Kingdom. The speakers

Simon Baines analysed whether emerging projects were in fact PPPs at all when weighed against PPP criteria for other countries including the UK and Australia. The audience raised valid questions about the overall direction of PPP projects in Bahrain and queried the existence and/ or development, as appropriate, of requisite support systems in country

SIG - OE event

The Organisation Effectiveness SIG hosted the Middle East Editorial Director of MEED, Richard Thompson, for a business lunch at the end of March. Richard delivered a comprehensive business briefing in relation to the Bahrain market. His briefing included an overview for business generally through 2017. Key features included Bahrain’s role in the wider GCC market as a business pioneer and its lasting achievements. Audience discussions focused on the difficulties experienced in Bahrain through 2016 against the backdrop of GCC growth generally which hit a 7

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Emyr Rowlands

Gary Laing

that would see successful PPP projects added to Bahrain’s infrastructure and construction landscape. The next event, which will be a follow up this event, will explore recent dialogue and advice to Bahrain government on developing PPP systems, criteria and models in the Bahrain market. That will likely take place in October.

year low. The projects market and contracts awarded generally pointed to a mixed set of results region wide, whilst country to country growth made for some interesting numbers overall. Discussions around oil price and fiscal issues are now seen as being “the new normal”. On the investment driver side EDB reforms are looking to facilitate investment and stimulate the SME sector. Richard’s presentation is available on the BBBF website for those interested in more information. MEED is now in its 60th year of circulation. It recently re l e a s e d a n e x t e n s i v e c e l e b r a t o r y e d i t o r i a l w i t h contributions from key business leaders and thinkers in region including BBBF’s Chair Khalid Al Zayani OBE, looking at the legacy of family businesses, and Deputy Chair Paula Boast, who explored the drivers within the SME sector.


Forum 19


Financial News

Charles Russell Speechlys Counsels BMB through Successful Takeover

Charles Russell Speechlys has advised Bahrain Middle East Bank B.S.C. (“BMB”), a wholesale bank listed on the Bahrain Bourse, in relation to the voluntary takeover bid by its largest current shareholder. The takeover of BMB is the first takeover involving a bank in the Kingdom of Bahrain since 2014. Ritchie Skelding, CEO at BMB, commented: “CRS

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provided pragmatic, timely and accurate support on the acquisition of the bank in a complex regulatory environment without losing sight of our commercial objectives”. Charles Russell Speechlys advised BMB on all regulatory matters relating to the takeover offer, including in relation to the requirements of the Central Bank of Bahrain (“CBB”) and the regulations set out in Volume

Benjamin O’Brien-McQueenie 6 – Takeovers, Mergers & Acquisitions Module of the CBB’s Rulebook, as well as drafting relevant offer documentation including the board circular. The Charles Russell Speechlys team was led by Rupert Copeman-Hill (Partner) and Benjamin O’Brien-McQueenie (Associate).

Rupert Copeman-Hill Rupert Copeman-Hill commented: “It was a privilege and a pleasure to act for BMB on its takeover. From a regulatory and technical perspective, it was a fascinating capital markets transaction, not least because it is the first bank takeover to take place in the Kingdom of Bahrain since 2014”.


Key Man Insurance and Succession Planning Time and again we have witnessed the tragic consequences business owners face when running a company without the right protection in place – from severe financial repercussions to bankruptcy and business closure. In the Gulf where family owned companies and Small and Medium Enterprises (SMEs) account for a substantial portion of businesses in the region, and make a significant contribution to the economy, such planning and protection is crucial. In Bahrain alone, SMEs make up nearly 90% of all firms operating in Bahrain when branches of foreign companies are included, or around 97% of local businesses. According to the MoIC, SMEs account for almost 30% of the country’s Gross Domestic Product and provide jobs for 73% of private sector employees. Yet despite the clear need for business owners to adopt a robust and solid succession plan that could potentially save the company from a devastating financial blow, little awareness, coupled with the transient nature of many businesses, is leaving many companies in Bahrain unprotected. A recent survey by Nexus Group found that over 90% of Bahrain based SMEs lack a solid succession or contingency plan. This can lead to a number of issues ranging from family related complications and partnership issues to the inability to provide employees with salaries and the prevention of business continuation and expansion. The survey showed that most business owners, and even CEOs of large organisations, tend to place signifi cant emphasis on growth and expansion, while failing to recognise the major impact Greek of losing key personnel in the business.

A society grows great when old men plant trees whose shade they know they shall never sit in

And although it certainly is important for SMEs to grow, the lack of a comprehensive succession plan can lead to the deterioration of businesses and the personal relationships of those involved. Drawing up a succession plan and

reviewing it periodically will not only safeguard the business and its employees, but also protect the wellbeing of family members and dependents of business owners. Questions that may arise during the planning process include who will adopt the role of the affected individual, what role other family members will play, how the assets of the business will be allocated, what expansion routes to take, and an alternative solution should a family member decide against an assigned role. If a business owner does not have a succession plan what will often happen is that the business will suddenly fall into the hands of an investor or relative who does not necessarily have the skillset or a genuine interest in running the company. This is where tailored corporate owned policies, such as key man, partnership insurance or share protection can make a difference. Such policies protect the interests of a business by providing an organisation with the financial compensation it requires to continue operating should an unfortunate event happen, such as death or permanent disability of a key person. In this case, a key man insurance or partnership insurance policy can protect the company profits by compensating the business should it lose income and revenue caused by that person’s absence. It can cover the costs resulting from loss of revenue, loss of intellectual capital, downtime and the training and recruitment fees associated with replacing that person. While there is no hard and fast formula for calculating how much a key person is worth, insurance companies will typically look at a number of factors, including shareholder agreements, company valuations, contributions to revenue, value of intellectual capital, and costs of replacement. A well designed succession plan enables business owners to achieve their personal and business goals, ensures survival and growth of the business and maximises company value in both good times and bad.

Submitted by Rod Allderidge DipPFS, General Manager Nexus Financial Services WLL. Nexus Group is the region’s largest independent financial advisor. The firm employs more than 550 professional consultants across its operations in the Kingdom of Bahrain, Dubai, Abu Dhabi, Qatar, Lebanon, Kuwait, and Singapore. Forum 21


Regional News

Le Beck’s Saudi Partners SSOCS Granted Official Approval by the High Commission of Industrial Security in Saudi Arabia Le Beck through its registered partners SSOCS is one of the few security consultancies to be registered with the HCIS as an approved service provider Le Beck International, one of the leading specialist security and risk management consultancies with a dedicated presence in the MENA region since 2004 and offices in Riyadh, Jeddah and Bahrain, has received the official seal of approval from the High Commission of Industrial Security (HCIS) in the Kingdom of Saud Arabia under its registered partners Security Solutions Consulting Office for Security (SSOCS). Le Beck, in partnership with SSOCS can operate as a registered provider of specialist security consultancy services in the Kingdom of Saudi Arabia for the Critical Infrastructure sector. As per the directives set by the HCIS, all companies in the Critical Infrastructure sector are required to undertake all their security consultancy requirements by engaging with external specialists listed under the High Commission. Le Beck, through its Saudi registered partners (SSOCS), is one of the very few security consultancies to be recently added to that list following a rigorous application and screening process. This marks a significant achievement for the company which has been operating in the Kingdom for over 13 years and has worked closely with many dynamic players from the country’s Critical Infrastructure, Financial and Mega City sectors. Commenting on his Company’s milestone, Mr. Anthony Tesar, the CEO of Le Beck International, stated: “This is a major accomplishment for Le Beck and we are very excited about our partnership with SSOCS and extremely proud to have been recognised at the highest regulatory level in the industrial sector in Saudi Arabia. This recent endorsement by the HCIS stands as further acknowledgment to Le Beck’s expert capabilities in delivering premium security solutions to

the country’s Critical Infrastructure sector and will be a major boost to our strategic growth plans since it opens up many new opportunities for business”. The HCIS is the ultimate body responsible for providing strategic supervision and oversight of twelve main sectors in the Kingdom of Saudi Arabia, that fall under the Critical Infrastructure umbrella, including petroleum, electricity, gas, petrochemicals, industrial services, manufacturing and communications among others. The HCIS sets the policies, procedures and directives in the areas of safety, security and fire protection, to shield these vital industries from any possible disruption and ensure long-term business continuity. “Critical Infrastructure is paramount to the Kingdom’s sustainable economic growth and our tailored solutions have been aligned to this vital sector since 2004 when we first set up our operations in Saudi Arabia. With the new HCIS Security Directives 2017 coming in to effect soon, we are fully prepared to support the efforts of the High Commission through proper implementation and by ensuring the high standards determined by them are maintained across the board”, further commented Mr. Tesar. “Le Beck is very much dedicated to servicing this region and we have built our reputation and business portfolio on the strength of our international expertise and unparalleled local acumen. We look forward to extending the learnings from the HCIS and further enhancing our services to benefit other organisations in the GCC and MENA region”, concluded Mr. Tesar.

FAMCORP Future developments FA M C O R P i s c o m m i t t e d t o deliver high quality developments in hospitality, residential and commercial property. After Tilal Towers was launched in November 2016, the company is looking forward to the construction of a series of new projects on Amwaj Islands such as: Shammal, a twin tower development of 10 & 15 storey residential and serviced apartments, Rimal Hotel is another addition in hospitality consisting of 224 rooms with sea views and atrium views, 22 Forum

Millennium, a multi-use 6-tower complex consisting residential apartments, a hotel, serviced apartments, office spaces and retail mall. The Waterfront Bar and Grill at the Marina is the next favorite food and beverage venue to come to Amwaj and a Boutique Resort will open its doors to transport guests into a tropical destination within the islands. FAMCORP is an inter national holding company for the diversified interests of its Chairman, Mr. Faisal AlMatrook


British Airways reaffirms regional commitment by appointing Robert Williams as Head of Sales - Asia Pacific and the Middle East British Airways, the UK’s flagship carrier, has reaffirmed its commitment to its Bahraini passengers by announcing Robert Williams’ appointment as Head of Sales – Asia Pacific and the Middle East.

The full spectrum of other global product investments announced by British Airways’ chairman and CEO, Alex Cruz, include: - £400m in Club World (long-haul business class)

In taking the reins as British Airways’ most senior regional executive, Williams’ appointment comes on the back of the airline’s recent global announcement to boost its customer experience by investing in increased excellence in premium cabins and more choice and quality across all cabins and on-the-ground services. Based in Singapore and reporting directly into the airline’s Head of Global Sales in London, Robert’s new role makes him responsible for managing the airline’s growth and development across Saudi Arabia, the United Arab Emirates, Kuwait, Bahrain, Oman and Qatar - some of British Airways’ most important overseas markets. “We’ve completed 85 years of successful operations here in the Middle East and the region continues to remain important to British Airways,” said Robert Williams as his first address in his new role. “It’s an exciting time for us at British Airways and we are committed to investing in our customer experience in a rapidly evolving aviation industry. Our customers will continue to notice significant enhancements to their travel experience when flying with us.” With over a decade of experience working with the British carrier, Robert will drive the airline’s regional operations, including the roll-out of new investments in products to improve customer experience, starting with the new First Wing at Terminal 5, which is already accessible for British Airways’ Bahraini customers flying in FIRST to London Heathrow. Robert added: “We witness a high preference for our premium services from across the region and we are pleased that the new First Wing is immediately available for all passengers flying FIRST with us.”

- Introducing Club Europe on UK domestic services - New lounges - First Wing direct security and lounge access at Heathrow - Latest generation Wi-Fi fitted on long-haul and short-haul fleets over the next two years Flights from across the Middle East land at Terminal 5, British Airways’ flagship terminal which is now home to its exclusive new ‘First Wing’ check-in area. The First Wing also includes a dedicated two-lane security channel and direct access to the Galleries First Lounge and Concorde Room for the first time. The two new security lanes also reduce the number of travellers passing through the current South security lanes, helping to speed up the journey for Club World customers too. A relaxed seating area is located after security for customers to gather their possessions in an unhurried atmosphere. The First Wing gives First and Gold Executive Club customers far greater exclusivity with a dedicated combined check-in and Fast Track space.

- Self-service check-in and biometric boarding gates to speed up the airport journey With British Airways existing network already offering excellent onward connections to the UK, wider Europe and more than 25 destinations in North America from its London Heathrow hub, the airline will also add 22 new routes to its global network by the end of 2017. In a recent statement on the airline’s global investment strategy, Cruz said: “We will invest and innovate where our customers value it most, and differentiate ourselves with a unique on-board experience and service. We’re investing in Club World, focusing now on improved catering and sleep and in the future on a new seat. We’re investing in the best Wi-Fi in the sky, new lounges and direct access to security and our lounges for our First customers, via our new First Wing at Heathrow.” The airline is also developing options for a new seat in Club World with direct aisle access in 2019. Details will be released in due course. Alongside these initiatives, British Airways is also making changes behind the scenes to increase operational efficiency and reliability through new technologies including automatic boarding gates and a re-designed baggage arrivals process. Forum 23


News from the Eastern Province

Gary Hawkings Chairman, BBA(EP) Approaching the mid year of 2017, the business environment in the Eastern Province continues to remain relatively quiet, although there are positive signs going forward. The oil price has been relatively stable in this period and the industry is forecasting possible modest gains towards the latter part of the year. Government spending remains under a tight reign, however again there are positive signs with no more major projects cancelled and current projects gaining pace. On the employment front some of the major players have continued with redundancy programmes for expatriate staff. Conversely some employers are still

Saudi Snippets U.S. President Donald Trump sealed a $110 billion arms deal with Saudi Arabia on Saturday on his maiden foreign trip as he struggled to shift attention from the aftermath of his firing of the director of the FBI. The arms deal, plus other investments that U.S. Secretary of State Rex Tillerson said could total up to $350 billion, was 24 Forum

recruiting, however with the changes in visa rules we are seeing more and more expatriate staff remaining on business visas, which can be beneficial to the sponsor company. Companies are acutely aware of the changes in the Saudi systems which will directly impact their performance and outlook, from recruitment (both local and expatriate) to implementation of VAT. The government has announced that VAT should be introduced at the start of 2018, in line with the GCC wide agreement. It has already been announced that VAT will initially be set at 5%. On the plus side, and contrary to what many believed, the government has announced that there are no plans to introduce personal taxation (although as with all countries this is open to change!) Looking at some the major ongoing projects, the Saudi Aramco Gizan refinery is expected to be commissioned in the early part of 2018 whilst Riyadh metro is scheduled to be completed in 2018. The Saudi Aramco / Sumitomo JV is pressing ahead with the Rabigh II expansion, with the feasibility study and FEED complete and the partners ready to move to the next the central achievement of Trump’s first day in Riyadh, first stop on a nine-day journey through the Middle East and Europe. Speaking to journalists after a ceremony to exchange agreements, Trump said it was a “tremendous day” and spoke of “hundreds of billions of dollars of investments into the United States and jobs, jobs, jobs. So I would like to thank all of the people of Saudi Arabia.”

The British Business Association (BBA) - Eastern Province Tel: 013 882 5629 Email: secretary@bbaep.org Website: www.bbaep.org

stage. The development of the new port at Ras al Khair is continuing and once complete will form the largest maritime venture in the region. Without doubt, the highlight of the current period was the visit of Donald Trump, with Saudi Arabia being the first foreign country the new President chose to visit. This was not only for economic reasons, but also to bolster the ties with a long time ally, ties which had become somewhat strained under the previous US administration. During this visit business deals with a value exceeding US$300 billion were reported to have been signed, including an arms deal for US$110 billion. The BBA(EP) continues in very good shape, with a new committee being voted in at the April AGM. Unfortunately a Foreign office security review has led to the loss of the British Trade Officers’ residence for meetings / functions, so the new

Oil prices up Oil prices have bounded higher after oil ministers from Saudi Arabia and Russia said that the joint deal to cut crude production from the global market would be extended into next year. The ministers offered markets the clearest sign yet that a meeting between the world’s largest oil producers in May will deliver a renewed pledge to tackle the

committee are already busy considering alternative venues for both business and social meetings. There are several initiatives ongoing, which it is planned will include additional activities in Bahrain which we hope may help to build closer ties with the BBBF. The current head of BTO, Steve Graham, will be leaving Al Khobar later in the year to take up a new role as head of DTI at the British Embassy in Riyadh. Steve has provided significant support to the BBA during his tenure and he will be missed by our members. We will also be saying a fond farewell to Steve’s wife Luisa, who has done a superb job as BBA secretary since taking over. We wish them and their family well in the new position. We hope to confirm Luisa’s replacement in the coming weeks. Warm wishes from the Eastern Province to all BBBF Forum readers. kind regards Gary Hawkings Chairman BBA(EP) oversupply of oil by cutting down on production. The oil price climbed to $52 a barrel from under $49 after Saudi Energy Minister Khalid al-Falih and his Russian counterpart Alexander Novak said in Beijing that the joint deal would be extended from the middle of this year until the end of March 2018. The next Opec meeting is in Vienna on 25th May.


ADVERTORIAL

Insuring Safer Roads

Engaging the insurance sector in making roads safer for all u

u

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Road traffic injuries are a global public health and development problem. They kill over 1.25 million people per year, injure another 20-50 million and cost between 1% and 5% of total GDP. Low and middle income countries (LMICs) bear 91% of those costs. AXA Insurance, the Global Road Safety Partnership (GRSP) and the United Nations Environment Programme Finance Initiative’s Principles for Sustainable Insurance (UNEP FI PSI) have joined forces to publish a report on how insurers may further impact road safety. The report showcases a strong business case for insurers to contribute to a reduction in the incidence of road crashes by reducing risks on the road, particularly given that they actually have many levers for action at their disposal to encourage safer driving.

So what role for insurers? The insurance industry has a key role to play to impact road safety and contribute to the global target set by the United Nations within the Sustainable Development Goals (SDGs) to halve by 2020 the number of global deaths and injuries from road crashes. Covering almost 1 billion vehicles globally, with US$ 626 billion premiums in 2016, Motor Insurance is a major business for insurers. It accounts for 12.8% of the total insurance premiums. The motor vehicle insurance value chain highlights how the insurance industry can respond to road risks, by embedding road safety incentives in their business model, in order to provide benefits to their customers and the wider community:

Road Safety today Road traffic crashes are one of the leading causes of death globally – 1.25 million people are estimated to be killed on the roads each year, representing more than 3,400 deaths per day – equivalent to more than 141 deaths per hour – while another 30 to 50 million people are injured every year. Road crashes are responsible for more deaths than malaria, suicides and homicides and are the only non-disease-related cause among the ten leading causes of death ranked by the World Health Organization (WHO). Road crash deaths are estimated to rise to 1.9 million by 2020 due to increased motorization across the world, especially in low and middle income countries (LMICs), which are highly likely to experience the greatest increases in future fatality rates. Today, 91% of the world’s collisions happen in LMICs, showing significant gaps of impact between high income countries vs. LMICs. Road collisions have a total global cost of US$ 518 billion, which corresponds to 1 to 3% of the countries’ GDP. Costs can rise up to 5% in LMICs and even to 8 to 10% in some cases such as South-Africa and Uganda where road crashes are a crucial challenge. While road traffic crashes are far too numerous and cause dramatic losses for society, it is important to mention that they are not inevitable because the vast majority is preventable if subject toby targeted McLaren 720S Velocity MSOactions. 26 Forum

Road safety leaders in international organizations also recognize the power of the insurance industry to drive change in road safety by fostering risk prevention with road users every day and working with governments for enforced regulation and infrastructure. Insurers have a key role to help improve road safety worldwide. The potential benefits of these initiatives for society as a whole are even larger, as road safety improvements are also linked to environmental and health issues. “This global guide to strengthen the insurance industry’s contribution to road safety supports the vision of UN Environment’s Principles for Sustainable Insurance (PSI) Initiative—a risk-aware world, where the insurance industry is trusted and plays it full role in enabling a healthy, safe, resilient and sustainable society.” – Butch Bacani, Programme Leader, UN Environment’s Principles for Sustainable Insurance Initiative UNPSI


AXA and road safety As an insurer of more than 30 million vehicles globally, road safety has always been a natural commitment for AXA, expressing our responsibility towards society at large. We cherish our mission to protect our customers and prevent the risks they may face. Local entities have taken a variety of actions/initiatives to act decisively on improving road safety, among which: o

Innovative education and awareness programmes,

o

Partnerships with public authorities to encourage stronger road safety regulations

o

Road safety adds-on embedded in products and services

o

Studies and scientific research on road safety.

“At AXA Gulf, we believe that we have a role to play in supporting the communities in which we operate and, in turn, to help create stronger and more sustainable societies. With the mission to empower people to live a better life, we have identified road safety as one of the many initiatives we feel requires our immediate attention. We aim to share our extensive knowledge on protection and risk management to support the authorities in their efforts to increase awareness of safe driving,” stated Cedric Charpentier, CEO of AXA Gulf.

Opportunities to move forward as insurers New technologies will heavily disrupt the traditional motor vehicle insurance business. It is expected that many risks will be transferred from individuals to vehicles and in-vehicle connected devices, which will involve vehicle manufacturers, technology providers and other stakeholders. Opportunities coming from new technologies and responsible use of data will certainly reinforce and expand insurersÂ’ role in protecting our customers on the road. With a workforce of over 1,050 employees, 44 branches & retail shops region-wide, more than 1 million customers and gross written premiums of over US$ 928 million in 2016, AXA is one of the largest international players in the GCC. Present in the region for more than 65 years, AXA in the Gulf offers a wide range of insurance products and services for corporate, SME and individual customers. The company has been awarded General Insurance Company of the Year in 2015 and Health Insurance Company of the Year in 2016 at the Middle East Insurance Industry Awards (MIIA), Personal Lines Insurer in 2016,. With a vision to empower people to live a better life, AXA in the Gulf is focused on helping the world better face climate risk, while also extending protection and risk knowledge to the public in an effort to contribute to global economic development and become a trusted partner for customers in the region

Forum 27


Motoring News

The All-New Land Rover Discovery Arrives at the Euro Motors Jaguar Land Rover Showroom

Euro Motors, the exclusive importer and distributor for luxury automotive manufacturer Jaguar Land Rover in the Kingdom of Bahrain, announces that the All-New Land Rover Discovery, which was recently launched in grand style in the Kingdom, is now available at the showroom for customers looking to experience firsthand, the exceptional capabilities of the agile SUV. The latest SUV, available in 5 or 7 seat options, provides a dramatic reinterpretation of Discovery’s 27 years of heritage and practical DNA with sophisticated design that pays homage to previous models without being restrained by them. Having moved away from the classic boxy look, the All-New Discovery takes on a more streamlined, aesthetic frame that increases gas mileage while maintaining the safety standards Land Rover drivers have come to expect. In line with its constant innovative practices for the utmost benefit of its customers, Euro Motors Jaguar Land Rover presents them with an opportunity to avail the All-New Land Rover Discovery at a initial price of BD 29,950 and includes 5 years free warranty, a free 5 year service package, free 24/7 road assistance services for 5 years and free registration. Speaking on the arrival of the All-New Discovery, the General Manager of Euro Motors, Mr. Paul Yates said: “Following the successful grand launch of the All-New Discovery, it is with great enthusiasm that we announce the arrival of on one of the most anticipated SUVs this year. At Euro Motors Jaguar Land Rover, we have always ventured to provide a level of excellence hence our latest offering, the All-New Discovery, rubber stamps our credentials as the leaders in the automotive industry.” “Ever since it first took to the streets, mud tracks and deserts in 1989, the Discovery has blazed its own trail. Throughout the world it has become synonymous with capability and versatility, whether off-road or in the city. The All-New Discovery takes those characteristics, together with several innovations pioneered by Land Rover, to unchartered territories. This vehicle has garnered a huge amount of attention globally particularly by being part of a Guinness World Record for the largest ever LEGO structure built during the official unveiling in the UK late last year and we are extremely proud to have launched the All-New Discovery here in the Kingdom of Bahrain. It is with great pleasure that we invite those interested 28 Forum

to test drive the All-New Land Rover Discovery to get a foretaste of its immense capabilities and pragmatic pleasures,” he added. The All-New Discovery has been designed to deliver a confident, comfortable and engaging driving experience to make the kilometers go by virtually unnoticed. Unique features like Dynamic Stability Control and Electronic Power Assisted Steering (EPAS) ensure that on-road capabilities and ride quality are enhanced. Along with its performance on tarmac, the vehicle’s all-terrain capabilities, wading ability amongst other features ensure that the vehicle performs impeccably and consistently on even the harshest of terrains. Trademark design features include the stepped roofline, which has identified each of the four previous generations of Discovery and provides an elegant solution to a practical need. The design accommodates Discovery’s customary stadium seating configuration ensuring every seat is the best seat in the house. Built for adventure, the All-New Discovery consists of a comprehensive suite of off-road driving technologies that ensures the vehicle’s supreme all-terrain capability is easy to access for even inexperienced drivers. Land Rover’s multi-mode Terrain Response 2 system optimizes a range of settings, from throttle sensitivity to gearchange characteristics, to suit the driving conditions at the turn of a rotary controller. The high performance SUV is powered by Jaguar Land Rover’s efficient range of six cylinder engines, all paired with a smooth and responsive ZF eight-speed automatic gearbox. Since the start of its operations in 1998, Euro Motors has successfully positioned itself as the leader in the automotive industry in the Kingdom of Bahrain. Continually striving to attain the highest standards, Euro Motors does not compromise on presentation, quality, technical service or customer care in accord with its belief in offering the utmost to customers.


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Welcome to the most versatile SUV yet. Enjoy all the comforts of a well-appointed interior while you tow and wade through the terrains. From the impressive interiors to engaging technology and inspiring performance, the All-New Discovery is equipped to take you anywhere and everywhere in comfort and style. Euro Motors Tel: +973 17 460 460 landrover-me.com/euromotors Terms and conditions apply.

This exclusive offer includes: - 5 Years’ Service - 5 Years’ Warranty - 24/7 Roadside Assistance


Motoring News

Kanoo Motors heralds a new direction for McLaren in Bahrain

McLaren Automotive has enhanced its retail network in the Middle East, Africa and Latin America regions with the appointment of Kanoo Motors S.P.C. as the retail partner for the Kingdom of Bahrain. The appointment is of further importance to McLaren Automotive, as Bahrain is a key market for the British luxury sports and super car manufacturer, with the Kingdom being home to both the McLaren Automotive regional headquarters for the Middle East, Africa and Latin America regions and also to the majority shareholder, Bahrain Mumtalakat Holding Company. The announcement of the relationship between this British brand and

Bahraini conglomerate provides no better example of the wider and more historical dimension which the two countries celebrated last year with ‘Bahrain UK 200’, an initiative which marked the 200th anniversary of the bilateral relationship between the United Kingdom and Bahrain, and consisted of a year-long series of events showcasing the UK-Bahraini relationship across a wide range of areas including culture, business, arts, sport and education. H.E. Simon Martin, UK Ambassador to the Kingdom of Bahrain commented: “The strategic partnership between a progressive British brand like McLaren Automotive and successful Bahraini entities such as Kanoo Motors can be seen as a new chapter in this ongoing,

mutually benefi cial relationship and further cements ties between our two nations that have been in place for 200 years.” Customers and fans can view McLaren’s luxury handcrafted sports and super series cars at the McLaren Bahrain showroom next to Moda Mall at the World Trade Centre, while McLaren Service and Aftersales Care is available at the world class Kanoo Performance Centre located in Tubli, with technicians fully trained by McLaren to ensure the highest standards of service for McLaren owners in Bahrain. A new McLaren showroom will also open as part of the same facility in the fourth quarter, offering customers a complete one stop destination.

Euro Motors Jaguar Land Rover Introduces Complimentary Air Conditioning Check-Up Campaign

Euro Motors has announced the launch of the latest campaign; complimentary Air Conditioning Check-up for all Jaguar and Land Rover vehicles that are more than 2 years old. With customer satisfaction being the top priority, Euro Motors Jaguar Land Rover presents them with complimentary AC servicing opportunity, thereby giving customers utmost peace of mind during the summer months. During the campaign, which runs to 31st June, customers will also receive free visual health checks for their cars. The vehicles will be serviced by highly trained and certified professionals to 30 Forum

ensure that work of the highest quality is diligently carried out to guarantee maximum satisfaction. In addition, customers who benefit from this advantageous offer will also receive complimentary off-road experience tickets for 2 at the Land Rover Experience Bahrain.

Elaborating on the campaign, the General Manager of Euro Motors, Mr. Paul Yates said: “We at Euro Motors Jaguar Land Rover are delighted to present this highly benefi cial campaign to our customers. Through offering the most outstanding After Sales services, we aim to keep our customer

satisfaction at the highest level. At Euro Motors Jaguar Land Rover, our philosophy has always been centered on the provision of excellence in all aspects of our vehicles and services and this campaign reiterates that approach. During the campaign, not only will customers be treated to our renowned, quality services completely free of charge but the Inspection Report will also include 25% discount on parts and a 10% discount on labour charges. Taking it a step further this year, customers will also be given 25% discount on a wide range accessories along with special prices for all branded goods available at the showroom.


Euro Motors Jaguar Land Rover launches an exclusive E-Payment Portal Euro Motors, the exclusive importer and distributor for luxury automotive manufacturer Jaguar Land Rover in the Kingdom of Bahrain, announced the launch of an exclusive e-payment portal that allows customers to make instant payments at any time and any place. The simple and easy-to-use payment portal provides customers with a highly secure solution that processes realtime transactions whilst providing an online experience that is synonymous with Euro Motors Jaguar Land Rover. With the portal directly connected to the customer’s bank account, they will be able to gain complete control over their payment of the bills. Boasting a wide range of advanced features, the payment portal has been programmed to accept all major credit and debit cards including VISA, MasterCard, American Express and JCB. Being an exclusive payment service, the e-payment portal is available for customers who invest in any brand that comes under the umbrella of Euro Motors including BMW, Maserati, Rolls-Royce, Ferrari and MINI as well as Jaguar and Land Rover. Speaking on the launch of the new service, the General Manager of Euro Motors, Mr. Paul Yates said: “At any given moment the top priority at Euro Motors Jaguar Land Rover has always been customers and their needs, keeping that in mind we have developed an exclusive online payment portal providing a practical solution for electronic payments. The e-payment portal, which can be accessed exclusively by any Euro Motors customer, eases the process of making payments for various purchases including buying a car, spare parts or any of the services available we offer. With the introduction of the new payment system, we take yet another vital step in consolidating our position as leaders in the automotive industry by providing exceptional products coupled with the very best of services.”

“This is only the latest in the vast array of offerings we have introduced over the years and it exemplifies our dedication to our customers and it is an extension of the privileges that come with being a Jaguar or Land Rover owner. The introduction of the online payment portal represents our philosophy of the consistent creation of special services and offering that consolidate our relationship with our customers. We welcome all to utilize the portal to get a glimpse of its benefits, therefore reveling in our principals of always providing the best,” he added. Customers who wish to benefit from this service can easily access the e-payment portal by visiting www.euromotors-epay.com or by visiting the Euro Motors official website. Once a transaction has been processed, customers will immediately be sent an e-invoice confirming the transaction via SMS or e-mail.

Since the start of its operations in 1998, Euro Motors has successfully positioned itself as the leader in the automotive industry in the Kingdom of Bahrain. Continually striving to attain the highest standards, Euro Motors does not compromise on presentation, quality, technical service or customer care in accord with its belief in offering the utmost to customers. To know more, call the Euro Motors Jaguar Land Rover showroom on 17460460 or follow the latest posts about Jaguar on Facebook at Euro Motors – Jaguar Bahrain or on Instagram at @emjaguarbahrain and about Land Rover on Facebook at Euro Motors – Land Rover Bahrain or on Instagram at @emlandroverbahrain. Additionally, to get further information, follow up to date Jaguar tweets on Twitter at emjaguarBahrain or Land Rover tweets on emlandroverbh. Forum 31


Education & Training

Extracurricular activities at the British Language Centre

The British Language Centre delivers high quality English Language courses to students aged 5 and above. The British Language Centre (BLC) has a wide range of extracurricular activities for students. Having access to English is vital for young Bahrainis and part of the BLC’s aim is to connect the material, which students learn into a more tangible form outside of the classroom.

maturity and structure for its young students. The mentoring scheme which the BLC runs allows higher level and older students to share in the learning process by mentoring other students. The centre facilitates communication sessions to encourage students to speak and converse outside of formal lessons.

teenagers and The Pirates of Janibiya for the children. The Crystal Maze was a concept taken from the well-known British television programme which consisted of solving problems on various tasks. The event was indeed popular with the students as they were able to develop their team-building and critical-thinking skills.

In December 2016, the BLC hosted two new events for the students: The Crystal Maze which was aimed at

The BLC certainly prides itself on developing cross-cultural experiences for the students and The Centre’s winter

production of The Pirates of Janibiya in which over 30 students participated, was exceptional. It was a joy to see Bahraini children perform in a play which is typically a very British pastime. Dean Simmons who coordinated the production said: ‘It was a real collaborative effort, the students had to be organized and remember their lines in English. They also developed their drama skills such as body language, acting out their scenes, stage direction and working in an ensemble’. Most importantly, the play allowed students to grow in confidence using English which was ultimately watched by their family members. The BLC has arranged numerous cultural-immersion trips for student to visit the UK. In the near future, however, the Centre would like to expand its social calendar for all age groups and develop further relations with the local community with the inclusion of parental involvement.

In March 2017, as part of the Spring of Culture, a group children saw the performance of The Gingerbread Man that was Not only did the performance engage students in the English language, it also provided additional responsibilities for older students who volunteered to be leaders during the event. Providing students with extra responsibilities is fundamental in how the BLC operates be it inside or outside of the classroom. Most notably, the Centre strives to encourage 32 Forum


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Hotel & Leisure News

New Country Club Manager joins Royal Golf Team The Royal Golf Club is delighted to welcome new Country Club Manager Adrian Hunt-Seviour to the team. Having worked on and off in Bahrain for a number of years, Englishman Adrian brings to the role a wealth of knowledge of the leisure and fitness industry. His previous positions include having worked as a gym manager, a personal trainer, a health club & recreation manager and many other varied roles. He is a qualified instructor of the Bahrain Martial Arts Association, a tae kwon do black belt instructor, qualified swimming teacher and boot camp instructor, a posture specialist as well as holding a diploma in nutrition.

Stephen Havrilla, General Manager of the Royal Golf Club. “We have fantastic indoor and outdoor facilities at our country club and I’m looking forward to seeing Adrian putting into practice his plans to improve our members and guests experiences.”

“We are delighted to have Adrian on board and I’m sure he will be a great asset to the team,” commented

Capital Club Bahrain Presents ‘Michelin and Celebrity Chef Series’

“I’m really looking forward to working with the team at the Royal Country Club,” commented Adrian. “We will be offering a number of exciting new fitness classes which, combined with our professional guidance and increased presence in the gym, will be key in helping our members and guests to achieve their fi tness goals.” for VIPs, Club Members and their Guests. The Chefs will also be visiting Bahrain’s Hospitality Institute BIHR where local talent will have the opportunity to meet the Chefs and be trained under their wings during their stay with the Capital Club. In addition, the Club will host etiquette of culinary talks for the students, followed by a fully sponsored internship with the Chef in their hometown. This aspiring initiative will not only focus on the Club hosting exceptional events for Members and their guests, but also train and groom local talents where they will be given the opportunity to work first hand with the best of the best.

Capital Club Bahrain, the Kingdom’s Premier Private City Club, started a unique initiative last September, a “culinary tour of the Top 50 Chefs around the world”, that elevated the F&B scene in the Kingdom of Bahrain. The first one-week event took place in September 2016 and featured Chef Jaime Pesaque from Lima, the global ambassador of Peruvian food and a former world’s top 50 restaurant Chef. Jaime is pictured above with Sumeet Jhingan the Capital Club G.M. Chef Pesaque was followed by 3 34 Forum

Michelin Star Chef Jean Paul Bostoen from France; Top 37 Chef Gerado Vazquez Lugo from Mexico; One Michelin Star Chef Thomas from Brazil; best female Chef in Latin America, Kamilla Seidler, who ranks Top 14; and from San Sabestain, Spain one Michelin Star Chef Paulo Airaudo. The visiting chefs were encouraged to use 70% of the local products in their palettes by picking up the fresh ingredients from the local farms, fish market, meat market and 30% international produce for the hosted events. The events will be tailor-made

Celebrity chefs will also visit restaurants around Bahrain to give them an opportunity to interact and engage with local F&B businessmen, with hopes to encourage the Chefs to invest in the Kingdom. Mr Jhingan said: “we are proud to have this unique and matchless initiative that aims to lead change in Bahrain’s culinary sector and are pleased to host the Michelin and Celebrity Guest series at the Capital Club Club”. Our goal is to put Bahrain on the culinary world map which will encourage international names to open eateries here and create more jobs in hospitality sector.


InterContinental Regency Bahrain hosted the FIFA Congress 2017 InterContinental Regency Bahrain proudly hosted the prestigious FIFA CONCACAF Congress 2017 in May this year. The hotel General Manager Jan Ifcic along with the hotel management team had the honor of welcoming the FIFA President Giovanni Vincenzo and President of CONCACAF region Victor Montagliani. Representatives from all 211 Member Associations were in attendance. Amongst the items included in the discussions were the endorsement of a set of principles submitted by the FIFA

administration as part of the process to select the host of the 2026 FIFA World Cup, including an overview of the content to be requested from bidding member associations and high-level hosting requirements. All the attendees were impressed by the hotel’s superb service. The congress ended with an elegant cocktail reception attended by all the FIFA congress VIPs at Elements Pool Lounge .

Mr. Selim El Zyr Mövenpick Hotel nominated for Bahrain appoints HOTELS 2017 award

new General Manager

Mövenpick Hotel Bahrain is pleased to announce the appointment of Pasquale Baiguera as its new General Manager. This will be Pasquale’s fourth appointment in the Middle East. He joins the award-winning property from the 292-room Mövenpick Hotel Beirut, which he successfully led for three years. Rotana’s co-founder, Selim El Zyr who served as President and CEO until December 2013 has been nominated for “Corporate Hotelier of the World” award. Rotana hotels in Bahrain include: ART Rotana in Amwaj Islands and Downtown Rotana in the financial district and Majestic Arjan in Muharraq. More information may be found online at www.rotanatimes.com where a link will allow you to place your own vote.

With more than three decades in the hospitality industry, Pasquale brings a wealth of knowledge with a focus on proactive leadership, strategic management, sales skills and revenue development. Apart from his Middle East experience, he has had roles in Denmark, Finland and Italy with other five-star brands. “I am thrilled to join a thriving property with a strong position in the market.

Building on this success by working closely with the hotel’s dedicated team, is a priority,” said Pasquale on his latest appointment. Just a two-minute walk from Bahrain International Airport, the 106-room Mövenpick Hotel Bahrain is only 15 minutes from the business centre in Manama. It was voted the Middle East’s Best Airport Hotel for three consecutive years by The Skytrax Awards. Overlooking the sprawling Arad Bay, which is one of Bahrain’s natural protected habitats, the hotel offers atmospheric dining experiences and rejuvenating treatments in Rimal Spa. Forum 35


Bahrain News

BMC’s MENA Tour Dr. Clare Beckett-McInroy hosted two knowledge-share events in the first quarter. The first, entitled ‘Coaching for the Financial Sector’, was attended by professionals from local and global banks in Amman and included coverage on Roay TV. The second, entitled ‘Transformational Leadership: Leading from Beyond’, was attended by professionals from across sectors and held at The Capital Club, Bahrain. Both events included experiential learning activities and culminated in plans for moving forward. BMC also delivered a professional development course for School Principals and Head Teachers at Cambridge International Schools named ‘Coaching in Education’ in Amman and Cairo, sharing their global knowledge as Coaches, Ex-Teachers, Teacher Trainers, School Leaders Certified Coaches, University Deans and Academic Directors. Meanwhile in Bahrain, BMC have partnered with LEAD to deliver programmes for CFA including personal branding, interview skills and leadership development. Additionally, BMC are collaborating with the Origin Training Institute to enable Bahrainis to avail of Tamkeen funding for Level 4 and 5 Association for Coaching (AC) and International Coach Federation (ICF) programmes in Coaching for OD, Leadership and Capacity Building. Further bespoke programmes have been delivered regionally for organisations

“The CoachME programme was an incredible experience especially with all the learning, motivation and fun in our clan! The programme is well-designed and flexible; I would highly recommend it for anyone seeking professional accreditation in coaching. Many thanks to the BMC team.” Amer Marhoon, Assistant Vice President, Organisation and Efficiency, BNP Paribas

such as The British Embassy (Team Building), Bahrain Airport Company (CoachME Programme), Bahrain Islamic Bank (Leadership Programme), American Express (Creativity and Innivation) as well as Arcapita (Brand Value Ignition). BMC’s Founder, Author, CEO and Master Coach Dr. Clare BeckettMcInroy said, “It’s been a busy few months of travel… our global presence is growing! It is becoming very clear that global clients value our quality control which ensures that participants are receiving the highest quality training because we only work with certified coaches and trainers who have a wealth of international experience...”

YBA Kanoo Staff Move to New Kanoo Tower Yusuf Bin Ahmed Kanoo, the pioneering Bahrain-based business and one of the largest independent family-owned multinational businesses in the Middle East have announced the move of its Headquarters to the new Kanoo Tower in the Diplomatic Area. Kanoo Tower is a new iconic development that marks out YBA Kanoo’s growing presence in the region as one of the leading brands. The 24storey leading-edge and artistically 36 Forum

dynamic commercial tower epitomizes a building that serves the people who work in it, welcomes those who visit it, and plays an integral and vibrant role in the city that surrounds it. The Kanoo Tower is strategically located in the heart of Manama, Diplomatic Area. It has an excellent access to King Faisal Highway as well as other areas of interest within the vibrant city; and is about 10 minutes away from Bahrain International Airport and 15 minutes

from King Fahad Causeway. YBA Kanoo continues to be a key contributor to the region’s economic growth and development with extensive operations across several dynamic regional markets and industry segments. It assigns critical importance to fostering growth and career progression of all its employees and achieves business expansion through constant delivery of sustainable excellence.


SSH awarded Primary Impact Estate hands over Infrastructure and Master units at Nasmah West to Planning design services for the properties’ owners Marsa Al Seef mixed-use development.

SSH has been appointed by Marsa Al Seef Real Estate Investment Company to provide the design of Primary Infrastructure and updating of Master Planning services for the Marsa Al Seef mixed-use development, located on the northern coast of the Kingdom of Bahrain. SSH’s services cover the initial 122-hectare site forming the first phase of what will ultimately be a 235-hectare project. The Marsa Al Seef development will be a self-contained waterfront city with extensive residential and leisure components, and complementary commercial opportunities set off-shore from the historic traditional fishing villages of Bahrain. SSH is a leading provider of infrastructure, master planning, building design, and construction supervision services in the region, with more than 130 projects in our team’s collective portfolio. The project will be designed and managed by the team at the SSH Bahrain office. The Marsa Al Seef award is the latest in a string of Bahrainbased infrastructure appointments for SSH. “Our superior project expertise, and our understanding of the challenges involved in designing such master planned communities was key to being awarded the Marsa Al Seef project,” said Andrew Barwick, SSH’s Resident Director – Bahrain. “SSH is looking forward to working with our client to bring this new development to market.”

Juffair-based residential tower Nasmah West has opened its doors to owners and potential tenants. The property’s management company Impact Estate is finalizing the process of keys’ hand-over and formation of Home Owners Association. Developed by RMK Projects, Nasmah West is the new sought-after address in the bustling Juffair area. Boasting 124 spacious two-bedroom apartments and three-bedroom Penthouses, the new building offers a comfortable living. With panoramic sea and city views, state-of-the-art facilities including a swimming pool, squash court and a fitness center, party hall and a covered parking, the new residential project is an epitome of modern luxury and comfort. The management of the building is carried out by award-winning Impact Estate. The company provides full management services including maintenance and assistance with units handover. By applying a tailor-made property management solution combined with an integrated management software Impact Estate team will create a hassle-free environment for tenants of Nasmah West. Oksana A. Konyshevska, General Manager at Impact Estate, commented: “We are excited to provide our management services for this distinguished project. There is no doubt that the owners of Nasmah West units will fully enjoy the comfort of their new homes. We are at Impact Estate happy to offer our know-how and market experience, and we look forward to working together with the developer and units’ owners.” Forum 37


Bahrain News

Unisono wins eight more international branding awards

New Sales Manager at Nexus Nexus Financial Services WLL is pleased to announce the appointment of Terry Bignall Dip PFS as Sales Manager who has joined its Bahrain Team with effect from March 2017. Terry has been appointed to strengthen the office in Bahrain and to set up him own team dealing mainly with Ex-Pats who need advice in relation to Life Assurance, Investments, Savings and Pensions.

In its tenth year of operations, Unisono reconfirms its credentials as the region’s most highly awarded branding agency winning 3 Gold, 3 Silver and 2 Bronze awards at the prestigious 4th annual Transform MENA awards in Dubai this month. With 58 international awards earned so far, Unisono cemented its position as a leader in providing highly effective brand solutions for delighted clients across the region. This uncompromising commitment to delivering world-class strategic and creative results has helped Unisono become the only regional agency, and one of only two agencies in the whole of Asia to make it into the global Rebrand Hall of Fame - the ‘who’s who’ of rebranding agencies. Liam Farrell, Unisono’s Executive Creative Director commented on the new awards, “The team at Unisono are delighted by the ongoing patronage of our clients who share our commitment to achieving brilliance – it is their support and partnership that gives us the ability to do what we love, that the award judges love what we do too inspires us further! Working in close partnership with our clients allows us to continually enhance the outcomes, resulting in sector leading brands with enhanced market share and value – these results confirm investing in strategy and high quality creative delivers great ROI.” 38 Forum

Since the start of the year Unisono’s Bahrain office has won 3 Gold, 3 Silver and 2 Bronze at the May 2017 MENA Transform Awards, as well as being finalist for the EO Global Marketing Communications Award in April of this year. Full list of awards and shortlists are as follows: • Transform MENA 2017. Gold. Al Nooh ‘Best brand architecture’ • Transform MENA 2017. Gold. El Mercado. ‘Best use of copy style/tone of voice’ • Transform MENA 2017. Gold. California Village In the ‘Best visual identity in the property sector’ • Transform MENA 2017. Silver. Al Nooh. ‘Best visual identity in the industrial and basic materials sector’ • Transform MENA 2017. Silver. Fontana In the ‘Best visual identity in the property sector’ • Transform MENA 2017. Silver. Hospitalia by Yara In the ‘Best visual identity in the healthcare and pharmaceutical sector’ • Transform MENA 2017. Bronze. Adcorp In the ‘Best visual identity in the financial services sector’ • Transform MENA 2017. Bronze. Jubail Tourism Company (Hao Chi) In the ‘Best visual identity in the food and beverage sector’ • EO Global 2017. Unisono for EO Bahrain. Best External Awareness for the 2017 Marketing and Communications Awards

Terry is highly qualified and brings with him over twenty-five years’ experience in Financial Services. Terry is joined in Bahrain by his wife, Sue. They have four adult children back in the UK.

New Retail Manager at RGC The Royal Golf Club is delighted to announce the arrival of new Retail Manager J e r o m e Ackermann to the team. Jerome hails from Knysna in South Africa and originally started his career as a primary school student teacher before entering the golf retail industry as Pro Shop Supervisor at the Pezula Championship Golf Course in the Western Cape. He then spent three years at the prestigious Pinnacle Point Beach, Golf & Heritage Estate where he played a multi-faceted role as pro shop assistant, operations supervisor and golf coordinator. “This is my first time in the Middle East and I’m looking forward to meeting all the Club’s members and guests and to finding ways to further improve their shopping experience at the Royal Golf Club,” commented Jerome.


CBRE named property management firm for GBCORP Tower in Bahrain CBRE, the global real estate advisory firm, has been appointed as the exclusive property managers and leasing consultants for GBCORP Tower. GBCORP Tower is a strategically located landmark building, within the Bahrain Financial Harbour master plan. GBCORP headquarters are located within the building and the property also accommodates high profile tenants. A 22 storey tower, constructed to a grade A specification GB Corp Tower, provides typical floor plates of approximately 930m² and a total GLA of just under 19,000m². There is a business centre in operation at the tower, Global Executive Offices, which provides quality furnished suites, that is currently fully occupied and fitted units starting at 250 sq.m are also in the planning for the last few vacant floors. The building offers a central location in the heart of Manama’s business district for internal and local occupiers alike. Commenting on the appointment, Andy Hinson, Senior Director, Asset Services, CBRE Bahrain, said, “GB Corp Tower is a landmark property in the Kingdom, and superior build quality, it is sure to attract further high-profile occupiers, particularly with the provision of smaller fitted office accommodation to meet current market needs. We look forward to working closely with the firm, to support and develop its long term strategy for the tower.” Dr. Zakaria Hejres, CEO, GBORP, said, “We are very pleased to assign CBRE as our asset management firm for GBCORP Tower. This collaboration will enhance our position as a key commercial office space provider in the Kingdom and we look forward to working with the property management and transaction team, to fulfill the needs of both existing tenants and international occupiers, who seek prime commercial space in the heart of the country’s CBD.”

Arencon renews BEST Agreement Arencon Contracting has renewed their exclusive partnership with British Energy Saving Technology (BEST) to supply their innovative web-based real-time energy measurement and energy saving solutions in Bahrain. This reaffirmation of the partnership emphasises the confidence both parties have in the continued need for electricity usage reduction as EWA continue to increase rates. BEST designs and manufactures a full suite of world-class energy saving products and software systems, which can often help organisations reduce their energy costs by between 10% and 30%. Their real-time energy monitoring system and cloud-based analytics software, enable companies to accurately see how their energy is being used allowing them to eliminate waste, verify the performance of energy saving solutions and implement behavioural change initiatives. BEST’s flagship Eniscope product is already being used in over 50 countries around the world by leading companies and their franchisees including such household names as Toyota, Shell, Pizza Hut, 7-Eleven, KFC and Holiday Inn. The Eniscope solution comprises a flexible range of webenabled class-1 digital meters in one, four and eight way configurations, coupled to a user-friendly interface that disaggregates and processes data on energy consumption second-by-second. This information is uploaded to the BEST Cloud Servers over the internet, enabling users to visualise and analyse their energy profile on a PC, laptop or mobile device from anywhere in the world.

Above: HE The Minister of Electricity & Water, Dr. Abdul Hussain Bin Ali Mirza (centre) and senior EWA staff with representatives of BEST & Arencon.

Across the Middle East, CBRE’s highly experienced management team offers a full range of professional real estate services, including Valuation; Tenant & Landlord Advisory; Research & Consultancy; Property Management; Building Consultancy & Project Management; Facilities Management; and Global Corporate Services. Forum 39


Bahrain News

i Virgili, Spain, and a master’s degree in international management from the ESADE Business School.

Oxford Business Group appoints new team for 2018 publication Bahrain’s drive to generate new income streams and overhaul its subsidy framework against a backdrop of low oil prices will be given in-depth analysis in a forthcoming report by the global research and consultancy firm Oxford Business Group (OBG). The Report: Bahrain 2018 will shine a spotlight on the country’s big ticket projects, which include a raft of transport infrastructure, housing and energy initiatives. It will also chart the latest developments in the kingdom’s manufacturing and logistics industries, which, together with the financial sector, are playing a key role in Bahrain’s broader diversification strategy. Other topics explored include the country’s push to further enhance its investment climate, which has taken it up the international ease of doing business rankings. OBG has appointed a new team to oversee its latest project in the kingdom. Nekia Lane takes on the role of country director, while Raul Alcaide Alonso will

Welcoming the new team on board, OBG’s Managing Director for the Middle East, Jana Treeck, said Lane and Alonso were taking up their new positions at a time when Bahrain’s reforms were yielding results. be the Group’s editorial manager for The Report: Bahrain 2018. Both Lane and Alonso move to their new posts from the UAE, where they produced OBG’s launch edition report on the emirate of Sharjah. With a background in strategic communications, business development and international relations, Lane has widespread experience across GCC economies, Southeast Asia, and Sub Saharan Africa . Aside from her spell in the UAE, she has led country operations for investment publications in Kuwait, Qatar,,Malaysia, Indonesia and South Africa. Lane holds a bachelor’s degree with honours in International Relations and Political Science from the University of California. Alonso also brings with him several years’ experience of analysing GCC economies, having contributed most recently to OBG’s projects on Dubai and Sharjah. With a background in finance, he holds a bachelor’s degree with honours in business administration and economics from Universitat Rovira

“Like much of the GCC, Bahrain has felt the weight of sustained lower oil prices in recent years. However, a well-diversified economy has enabled the kingdom to implement remedial measures quickly and effectively, even in challenging conditions,” Treeck said. “Nekia and Raul have a wealth of regional expertise and experience between them which will serve them well in Bahrain and benefit our operations here. I’m delighted that they will be overseeing our forthcoming project as Bahrain steps up its efforts to tackle its fiscal deficit and attract new investors.” The Report: Bahrain 2018 will be a vital guide to the many facets of the country, including its macroeconomics, infrastructure, banking, energy and other sectoral developments. It will also contain interviews with leading representatives, including Zayed bin Rashid Al Zayani, Minister of Industry, Commerce and Tourism; Khalid Al Rumaihi, Chief Executive, BEDB; and Mahmood Al Kooheji, CEO, Mumtalakat. The publication will be available in print and online.

Over BD3000 raised at Jaafar Abdali Challenge Trophy Members and staff of the Royal Golf Club competed in a new golf tournament this week which raised over BD 3,000 for the family of recently deceased staff member Jaafar Abdali. Jaafar, a valued member of the Club’s Golf Operations team, died suddenly while playing in a football match in his home village of Eker on 7th April. He was just 32 years of age and leaves behind a wife and two young children. “I would like to thank all those who donated to this very worthy cause,” commented Adam Dutson, Royal Golf Club Tournament Coordinator. “Jaafar was a very popular member of our team and is greatly missed by everyone who knew him. He was the main bread-winner in his family and I hope the money raised will help ease his family’s struggle at this difficult time. I would like to give special thanks to our ladies section, the Royalists and Silver Stars 40 Forum

social golf groups and Behbehani Brothers LLC, who all kindly contributed to the cause.” Anyone wishing to donate money to help Jaafar’s family is invited to contact the Royal Golf Club on telephone +973 17 750777.


Bahrain kindles businesses and residency by Anastasia A., Sales and Marketing Manager, Real Estate Sector, For the vast majority of expats, the Kingdom of Bahrain offers the opportunity to enjoy an extensive array of comforts that might be unobtainable to them within their native countries. The Kingdom is considered to be the best place within the Middle East for expats to reside and recently made it into the top 10 countries globally. Bahrain offers us opulent homes and modern facilities, hospitality and loyalty, entertainment and an unprecedented standard of health care. However, there is also that distinct aspect about Bahrain, one which provides expats with the luxury of time to reflect and delve into our hidden potential and

professional aspirations. I know of many expats who felt empowered by this friendly environment, enabling them to set up local business ventures. There are a myriad of entrepreneurial opportunities, within the Bahrain market, still to explore and the recent revisions within the administrative documentation, help to make the transition from concept to reality a relatively smooth process. The wide variety of luxury beach front and urban properties, offered by renowned developers, contribute towards our decision to make this country our home and consider our future retirement here, with Amwaj Islands (one of the most established

waterfront freehold communities as per quarterly statistics from www.bahrai npropertyworld.com) being one of the most desirable destination for expatriates and GCC nationals ; for both rental and investment properties. Residency in Bahrain is now possible to obtain via property investment (above a certain value and I am happy to give professional advice to anyone requiring further details). A lot of new businesses gain high support from HE Sheikh Hisham Bin AbdulRahman Al-Khalifa, the Governor of Capital Governorate with his extensive developing projects that service the capital city.

All of these beneficial elements combine with a strong heritage ensure Bahrain strikes a chord with those aspiring to run their own business or of plans for retiring to the Kingdom. Whatever our aspirations, Bahrain provides the catalyst to kindle and ignite opportunities, making us feel comfortable within its sunny embrace.

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From Manama to Mahattan David Jeffery, Creative Director at 50°E Bahrain judges big advertising ideas in the Big Apple My first day in New York and the Big Apple’s in a car wash. Drenching weather. A real “Singing In The Rain” kinda day. Umbrellas along 5th Avenue are quilted together in a jostling seamless black canopy. In the trees above the Scientology Celebrity Centre a trapped plastic sheet billows in the breeze like a discarded parachute. Perhaps Tom Cruise dropped in, descending from John Travolta’s Gulf Stream. That’s the thing about New York; the city conjures up cinematic images on every street corner. I am en-route to Mc Sorleys Tavern, founded in 1854; men only until 1970 and land lorded over by the same Irish family since opening. A shrine to consistency in this ever-changing world. There are two choices - either dark or light ale. A chipper novice enters and in a plumby accent orders “ Two G&T’s and a Cab Say” paddy barman’s jocular reply is priceless “Would you care to come back in say another 160 years when, we may gotten around to stocking some”. Following refreshment - some culture - Irving Penn’s retrospective at the Met. Irving set the style for 20th Century fashion photography, influencing generations including hip 60’s celebratory snappers. David Bailey for sure followed in Irving’s footsteps. The exhibition serves as a fitting entre to judging the Caples Awards, which always includes influential, groundbreaking media ideas from around the world. This is my second year of judging. Last year I was surprised by the influence of technology, especially web based

stitched into this dress. These LEDs were programmed to react in colour waves in “real time” as viewers tweeted in their feelings. Rose=joy full, Aqua=exited, Coral=passionate. The results were staggering, over 57 million social media mentions $8 million dollars worth of earned media. On fashion’s big night, IBM gained more exposure than fashion’s big brands.

is having on communications. This year it was a necessity to success. My personal favourites are: “Meet Graham” a car accident awareness campaign from Australia. Instead of the conventional “Speed Kills” style of approach, the advertising team created a humanoid figure illustrating how the human body would need to evolve to survive a low impact crash. Trauma specialists and safety engineers working from decades of injury data collaborated with a sculpturess to give birth to a life size 3D model named Graham. Google Tango technology allows viewers to see below the skin at the skeletal and muscle evolution required to withstand impact. The result is an unforgettably eerie character. Over a quarter of a million people have visited Graham in the flesh. On line, 10 million visits and 33 million campaign views plus numerous TV appearances. Graham is now part of the school curriculum positively influencing future generations of drivers. “Cognitive Dress” every year on the first Monday in May the Met Gala hosts fashions biggest night. IBM has created a cognitive program called Watson that allows interactions based on emotions. To ambush the Gala for IBM. Watson was firstly fed historical data on dress styles and their emotional feedback. Watson went on to design a dress. Then, a multi-coloured system of LEDs were

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“X Ray Casts” Over 59 kids a day break an Arm in New Zealand, So Anchor Milk joined forces with emergency rooms across the country to create X Ray Casts allowing kids to print there X Ray as a sticker for the outside of their cast. The sticker has a bar code to facilitate free milk. The campaign spread like wildfire over 3,000% traffic increase to Anchor’s web site. And kids proudly shared images of themselves wearing their cast on social media.

“Ghost Busters” When Sony Pictures released the film in Spain they took a unique approach. Audio technicians wired up subway stations with a speaker system that broadcast the sound of a train approaching. Passengers readied themselves to climb aboard, latecomers even rushed to the platform on hearing the approaching train. But the train didn’t stop. In fact, it didn’t appear. It was pure sound. A ghost train. Then the Ghost Busters theme was broadcast as the destination board showed the Ghostbusters logo and opening date. Filmed and shared on social media gaining over 77,000 views - media for nothing.


What’s new about Fake News? Just what and who can you trust has become something of a topic of late. Wikipedia recently published a list of websites that intentionally publish hoaxes and disinformation in order to mislead and often profit from readers gullibility While most fake news sites are portrayed to be spinoffs of other news sites, some of these websites are examples of website spoofing, structured to make visitors believe they are visiting trusted sources like ABC News or MSNBC. The New York Times pointed out that within a strict definition, “fake news” on the Internet referred to a fictitious article which was fabricated with the deliberate motivation to defraud readers, generally with the goal of profiting through clickbait 1 . Politifact described fake news as fabricated content designed to fool readers and subsequently made viral through the Internet to crowds that increase its dissemination.

(Clickbait is a pejorative term for web content that is aimed at generating online advertising revenue especially at the expense of quality or accuracy lying on sensationalist headlines or eye-catching thumbnail pictures to attract click-throughs and to encourage forwarding of the material over online social networks)

headline led to thousands of people sharing it on Facebook, a prominent example of fake news spreading on the social network prior to the presidential election. Bloomberg.ma, designed to imitate Bloomberg.com was used to issue a false report announcing that Twitter had received a USD $31 billion takeover offer, the false report resulted in an 8% stock price spike of Twitter. The Site is now defunct but commentators believe a lot of money was made by some exploiting this.

Times called: “Western Media’s Crusade Against Facebook”, and criticized “unpredictable” political problems posed by freedoms enjoyed by users of Twitter, Google, and Facebook. China government leaders meeting in Wuzhen at the third World Internet Conference in November 2016 said fake news in the U.S. election justified adding more curbs to free and open use of the Internet.

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But there’s really nothing new about this. Back in 1989 The Sunday Sport headline was “Bus found buried at South Pole”. Defenders of the paper pointed out that it

It would appear then that there can be serious consequences, but is it

was not intended to be taken seriously but it’s a story that ran for years. But not all of these ‘stories’ are so obviously fake. Decide for yourself on this one:

1

American News for example published a false story claiming actor Denzel Washington endorsed Donald Trump for president. The fictional

And Finally

such website One YourNewsWire.com Has published dozen of fake stories, such as “claims that the Queen had threatened to abdicate if the UK voted against Brexit. The government of China used the growing problem of fake news as a rationale for increasing Internet censorship in China in November 2016. China took the opportunity to publish an editorial in its Communist Party newspaper The Global

really harmless or could it be more threatening. Consider this: At the end of December 2016, The New York Times reported that Khawaja Muhammad Asif, the Minister of Defence of Pakistan, threatened to nuke Israel on Twitter after a false story claiming that Avigdor Lieberman, the Israeli Ministry of Defense, said “If Pakistan send ground troops into Syria on any pretext, we will destroy this country with a nuclear attack” Scary huh!

A website called Brookings.edu is currently (Jne 2017) running a story about President Trump’s recent visit to Saudi Arabia claiming that the Trump administrations announcement of $110 million arms deal is another example of ‘Fake News’ (see page 24) The website says there is only a bunch of letters of interest which began during the Obama administration. and No ‘contracts’ really exist to have justified making the announcement.


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