ACWA Power focuses on sustainability at WETEX 2018

Chairman of ACWA Power Mohammed Abunayyan
Updated 24 October 2018
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ACWA Power focuses on sustainability at WETEX 2018

ACWA Power, a developer, owner, and operator of power generation and water desalination plants, is showcasing the latest projects in its global portfolio at the Water, Energy, Technology and Environment Exhibition (WETEX 2018). The event is taking place at the Dubai World Trade Center from Oct. 23-25.

Chairman of ACWA Power Mohammed Abunayyan said: “We are delighted to participate in this global event led by the Dubai Electricity and Water Authority (DEWA). In its 20th year, WETEX has become the undisputed global platform to bring the future of the energy and water sectors to reality today. 

“Using this platform as a showcase, ACWA Power is committed to creating a sustainable future, transforming energy production in the region through public and private partnerships, and creating a unique value proposition to the end users. Cementing our position as a leading sustainability enabler in the region, we are excited to join hands and engage with various stakeholders in the industry to highlight our commitment to producing electricity and desalinated water efficiently, reliably, and safely at low cost, all while deploying the latest technologies and providing communities we operate in with a sustainable future.” 

Abunayyan added that the company’s participation will highlight ACWA Power’s prominent role as a market leader in concentrated solar power (CSP) projects in the region. 

Paddy Padmanathan, president and CEO of ACWA Power, said: “In line with this year’s WETEX key theme ‘At the forefront of sustainability,’ we will share our success stories of enabling the ambitious sustainability plans and visions adopted by the communities and countries in the region. 

“WETEX is a platform that offers us the opportunity to exchange insights with like-minded governments and companies that are committed to realizing a sustainable energy strategy and that aid our business structure and strategy that serves as a foundation for economic growth and social development for the countries and communities we serve.” 


Top CEO Conference & Awards wraps up in Bahrain

Updated 17 April 2019
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Top CEO Conference & Awards wraps up in Bahrain

The Top CEO Conference & Awards 2019, organized by TRENDS magazine — Mediaquest and international business school INSEAD, has concluded at the Al-Areen Palace and Spa in Bahrain. The event, held on Thursday, included seven key panel discussions under the theme “Growth in a Volatile Future” as well as the Top CEO Awards 2019 ceremony, which recognized the region’s most successful and trendsetting CEOs from more than 700 companies listed on GCC stock exchanges.

Top business leaders and more than 30 speakers from across the GCC shed light on the Middle East’s dynamic but volatile region and the burning issues facing the corporate world today. This year’s theme focused on a score of relevant issues, such as oil price fluctuations, tech disruptions, armed and political schisms that pose new risks, and opportunities. Speakers such as renowned economist Professor Nouriel Roubini provided growth solutions and road maps for businesses in the GCC region.

Alexandre Hawari, CEO of Mediaquest, said: “In its fifth edition, the Top CEO Conference & Awards fully encapsulated the theme of ‘Growth in a Volatile Future’ by acknowledging and exploring the growth transformation that the region is undergoing through digitalization and the fourth industrial revolution amid geopolitical tensions, looming trade wars and a rapidly evolving business environment. Building on the huge success of the previous years, the Top CEO Awards 2019 recognized CEOs and companies who have raised the bar by navigating challenges, implementing new strategies, and have demonstrated unquestionable growth, profitability and excellence in corporate governance.”

The conference kicked off with an opening keynote from Jassim Al-Seddiqi, CEO of the Abu Dhabi Financial Group and chairman of GFH Financial Group, who delved into the potential of transforming the region into a fintech hub and the importance of jumping on the digital bandwagon. 

The prime panel discussion on the “Future of Growth Amid Volatility” brought together five CEOs who explored methods to create future-proof strategies that can not only tackle challenges but also boost growth in a tough geopolitical and economic climate. 

Hisham Al-Rayes, CEO and board member of the GFH Financial Group, said: “Investing in the future in areas such as fintech, education and technology, the foundations for strong, enduring knowledge-based economies, is a priority for the group and the governments of the region in which we invest.”

“The Blockchain Opportunity” and “The Human Factor and Tech Innovation” panels brought together industry experts from Facebook, the Bahrain FinTech Bay and King Abdul Aziz University. 

“The Future of Women’s Business Leadership” panel discussed positive strides taken by GCC governments and businesses in leveling the playing field for women professionals.