Drake & Scull chairman resigns

DSI said it would hold its next board meeting on Tuesday, September 12, to elect a new chairman after Majid Saif Al-Ghurair’s resignation. (Courtesy Dubai Chamber YouTube)
Updated 10 September 2017
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Drake & Scull chairman resigns

DUBAI: Drake & Scull (DSI) on Sunday said that Majid Saif Al-Ghurair, company’s chairman, has resigned from his position.
The Dubai-listed company, in a short statement to the bourse, said that Al-Ghurair has resigned from the chairmanship and membership of the board of directors for “personal reasons.”
“The BOD [board of directors] will elect a new chairman during the next BOD meeting,” the company said.
In a separate statement to the Dubai bourse, DSI said it would hold its next BOD meeting on Tuesday, September 12, to elect a new chairman and vice chairman.
The company earlier elected four new board members to fill the vacant positions, including the one left by then-executive vice chairman and CEO Khaldoun Al-Tabari, in an assembly meeting on Saturday, September 10.
The new board members, Ahmed Al-Kilani, Abdulla Atatreh, Ahmed Saeed Al-Hamiri and Saad Albastaki, will complete the term of their predecessor, DSI said.


Mo-Salah to raise DHL flag in the MENA region for developmental and charitable causes

Updated 38 min 5 sec ago
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Mo-Salah to raise DHL flag in the MENA region for developmental and charitable causes

LONDON: DHL Express, the world’s leading express logistics provider, has signed a strategic partnership with Egyptian football superstar Mohamed Salah to become brand ambassador for the Middle East and North Africa (MENA) region for the next two years.
The new collaboration will see the parties working together on a series of marketing activities and corporate social responsibility (CSR) initiatives that reinforce the synergies between the core values of DHL Express as a business and Mohamed Salah as a sportsman and youth-inspirer.
The announcement made late on Wednesday in northern England comes just weeks ahead of Salah’s campaign to lead the Egyptian national team at the World Cup in Russia.
DHL’s CEO in the Middle East and North Africa, Nour Suliman, told Arab News that he was very proud of collaborating with Salah.
“Our partnership with Mo Salah is unique as it is the first contract with an individual player, but also it is a testament to the synergy of core values DHL Express and Mo Salah share — leadership, commitment, teamwork, precision, agility, determination,” he said.
When asked by Arab News about the meaning of this partnership, Salah said: “I am very proud to be the first player to partner with DHL, and I am happy to collaborate with an international brand.”
DHL did not disclose the funds earmarked for its CSR initiatives to be spent in the MENA region, and its region’s CEO said the initialtives to be developed are still a work in progress.
However, DHL said it has already significantly contributed to the development of the countries they operate in within the MENA region.
The company’s work includes supporting charities, working to help orphans, youth development, care and education among other causes.