ACWA, ECOHZ partner to empower local communities

The project in Morocco aims to increase the income and employability of communities. (Photo by WOCAN)
Updated 23 December 2018
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ACWA, ECOHZ partner to empower local communities

ACWA Power, a water desalination and power generation firm, recently collaborated with a key player in energy sector, ECOHZ, which offers global renewable energy solutions to businesses, organizations and electricity providers, to empower local women and support communities in Morocco. 

“Stemming from its commitment to communities it operates in, and following its development of the world’s largest concentrated solar power plan project, Noor Power Plant in Morocco, ACWA Power concludes the year by empowering women around the planet through increasing income and employability and improving education,” a press release said. 

ACWA Power works closely with WOCAN, the international membership network working toward gender equality, and creator of W+ Standard (W+), which measures the impact of projects on women’s empowerment and increases their access to resources and capital, scaling up solutions to climate change, food security and poverty. 

The CSR project increases income and improves livelihoods of the local female population. It recognizes the social capital created by women, rewards women’s contributions to sustainable environment communities, provides access to women in local communities to basic needs including education and health care, and increases the income and employability of women to help ensure gender equality. 

Paddy Padmanathan, president and CEO of ACWA Power, said: “We are passionate about our model of developing plants in remote areas and actively collaborating with the local communities. This results in empowerment of local communities, creation of employment opportunities, and generation of economic activity — which we consider our long-term commitment.”

We are proud to be working with W+ to contribute toward increasing income and employability.” 

Tom Lindberg, managing director at ECOHZ, added: “We work to change corporations’ energy behavior and are enthusiastic to be able to empower women at the same time — contribute to both SDG 7 (clean energy) and SDG 5 (gender equality).”

In coordination with WOCAN’s pursuit of sustainable development, it has been reported that W+ is the first instrument that offers the possibility to measure, verify, and report the fifth and seventh critical sustainable development goals (SDGs), which are part of the larger 17 SDGs set by the United Nations General Assembly in 2015. 

The collaboration between ACWA Power, ECOHZ and WOCAN has been able to heavily contribute to these SDG’s and consequently amplify the welfare of women in Morocco.


Fine watchmaking expo returns to Saudi Arabia

Updated 19 March 2019
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Fine watchmaking expo returns to Saudi Arabia

Annual horology exhibition Salon des Grandes Complications (SDGC) is returning to Saudi Arabia for the third year in a row, with shows in both Jeddah and Riyadh. The event will showcase the latest masterpieces from some of the most celebrated watchmakers in history. The fine watchmaking exhibition will kick off in Jeddah at the Hilton Hotel April 8-11, and then move to Al-Faisaliah Hotel in Riyadh April 15-18.

Salon des Grandes Complications debuted in Dubai in 2014, later branching out to Saudi Arabia due to high demand and the appreciation of exceptional timepieces in the Kingdom. 

Saudi Arabia is a key Middle Eastern market for watchmakers — last year saw a year-on-year increase in the import of Swiss watches by 6 percent, and this figure is only expected to increase with the introduction of new policies. 

The capital city of Riyadh is home to over 10,000 watch collectors while Jeddah on the other hand, is Saudi Arabia’s commercial hub, with almost as many horological aficionados estimated to live there. 

Designed to offer a platform for Maisons and enthusiasts to convene, Salon des Grandes Complications creates opportunities for knowledge to be exchanged and collectors to discover — often for the first time in the region — limited editions, the newest launches and unique rarities. 

Among the international brands that will be present at the 2019 edition are Bell & Ross, Blancpain, Breguet, Breitling, Fabergé, Girard-Perregaux, Greubel Forsey, Harry Winston, Montblanc, Rudis Sylva, TAG Heuer, Ulysse Nardin and Zenith. 

With the introduction of several new brands, there will be a more diversified display of timepieces, from innovative novelties to classic creations, grand complications and high jewelry timepieces. Also new to this year’s edition will be a private majlis (a gathering place for social events), where special talks will be hosted by various brands and experts will share their personal insights into modern day horology. 

SDGC has successfully attracted over 80 international Swiss, German and Italian brands during the past five years.

The event will be held alongside the 10th annual Jewellery Salon 2019, a well-established jewelry exhibition in the Kingdom.

SDGC 2019 will be held in partnership with Bentley Motors and with the support of the Embassy of Switzerland in Saudi Arabia.

The event will be open free of charge to all professional visitors from 4 p.m. to 11 p.m.