Global Energy Initiative: Key role for Crescent Petroleum CEO

Updated 04 September 2013
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Global Energy Initiative: Key role for Crescent Petroleum CEO

Majid Jafar, CEO of Crescent Petroleum, described as the Middle East’s oldest private oil and gas company, and vice chairman of the Crescent Group of companies, has been elected deputy chairman of the Global Energy Initiative (GEI), a major international not-for-profit organization with the mission of promoting sustainable energy for all to fight energy poverty, protect the environment, and mitigate the effects of climate change.
Headquartered at UN Plaza in New York, the GEI aims to tackle the issue of energy poverty in the poorest countries of the world, and has as its mission to create “a new energy paradigm that will contribute to more equitable economic and social development — to the benefit of humanity in general — and to the developing and least developed countries in particular.”
Majid Jafar, who is also MD of the board of Dana Gas PJSC and a board member of the Sharjah Chamber of Commerce, was elected deputy chairman of the GEI by the board of directors of the international organization, which includes former ministers and UN officials, leading academics, experts and corporate CEOs.
According to Jafar, one of the most important elements of GEI’s work is its dedication to the broader principles and guidelines adopted by the UN for achieving the sustainable development goals (SDGs), which will contribute to the success of “2014-2024: The Decade of Sustainable Energy for All” — a historical effort by the international community to fight energy poverty and strengthen global energy security, while protecting the environment and mitigating the effects of climate change.

Majid Jafar, CEO of Crescent Petroleum and deputy chairman of the GEI, said: “Like food, shelter, and medicine, access to affordable energy for all people must be viewed as an international objective that will require cooperation and coordination on a global scale to achieve in a sustainable manner that encourages development.”
Among its other activities, the GEI will be hosting the Global Conference on Energy Sustainability and Security at UN Headquarters in New York on Dec. 11 and 12, in partnership with governments from across the world.
The conference will help to establish the vision, priorities, and action plans necessary for creating a new global sustainable energy paradigm that will contribute to more equitable economic and social development, benefiting all nations and people, strengthening the role of public-private partnerships, and promoting understanding between developed and developing countries on energy policies, technology transfer, and sharing best practices.


Dubai Crown Prince visits STC booth at GITEX 2018

Updated 46 min 22 sec ago
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Dubai Crown Prince visits STC booth at GITEX 2018

Crown Prince of Dubai Sheikh Hamdan bin Mohammed bin Rashid Al-Maktoum recently visited the Saudi Telecom Company’s (STC) booth at the GITEX Technology Week 2018 in Dubai. He was received by Senior Vice President of Enterprise Business at STC Dr. Tareq Enaya.

Sheikh Hamdan reviewed the latest telecom and IT services and solutions launched by the company. STC said its new services are in line with its role as a driver of digital transformation in Saudi Arabia as per Saudi Vision 2030. 

STC recently inaugurated its latest innovation in in-flight call technology through a live call made 30,000 feet above on board of a plane heading to Jeddah from Riyadh, with the video call being directly transmitted to the GITEX conference.

The service allows for in-flight video calls by equipping airplanes with mobile data and broadband through signals from LTE ground-based stations, which boast many features compared to older technologies that rely on satellites. This will enable airlines and other stakeholders to provide better services than currently adopted older standards at a lower cost per Mb, higher data transfer rate of up to 75 Mb/s, and a lower delay time.

Dr. Enaya said: “In-flight call technology is one of many other examples that illustrate the way STC is working with its partners and customers to provide the latest products and services and thus improve services offered to airlines and service providers.The new in-flight call service offers state-of-the-art features, including a stable connection and high-speed connectivity. This makes it indeed the next generation of transmission technology, which will open new horizons in terms of products and services.”

He further pointed out to all the areas that could benefit from this new technology, including airlines, media and entertainment, natural resource exploration, safety and security, and telecommunications. 

STC staff were on hand at GITEX to address its potential customers on the new technology. The company has said that its GITEX participation will focus on the newest technological solutions and that it will shed light on its specialized services in the fields of cloud computing, cybersecurity, Internet of Things, blockchain applications, and big data analysis.

STC is currently working with various stakeholders and partners to enrich this new technology, including Nokia for LTE phone devices, Thales for onboard equipment, EAD for supplementary technical certification, AMAC for maintenance, repairs, and operation for onboard installation, and Sky Prime, a private charter airline on whose planes the technology is being tested directly.