KAPSARC, GCCIA to develop electricity market in GCC

The MoU was signed by Saad Alqarni, KAPSARC communications director, and Ahmed Al-Ebrahim, chief executive officer of GCCIA.
Updated 01 January 2019
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KAPSARC, GCCIA to develop electricity market in GCC

The King Abdullah Petroleum Studies and Research Center (KAPSARC) signed a memorandum of understanding (MoU) with the Gulf Cooperation Interconnection Authority (GCCIA), on the sidelines of the 8th Saudi Arabia Smart Grid Conference to enhance collaborative, impactful research within the electric power sector and to develop the electricity market in the GCC. 

The collaboration will involve joint work on research and conferences related to developing the GCC electricity power market.

Along with focusing on developing policies and insights, the joint research collaboration will examine the key issues affecting electricity market integration within the GCC and MENA region, and propose solutions to help accelerate the electricity trade market.

The MoU was signed by Saad Alqarni, KAPSARC communications director, and Ahmed Al-Ebrahim, chief executive officer of GCCIA. Alqarni highlighted the importance of the partnership as it aligns with the goals of Vision 2030 and underlined KAPSARC’s strategic focus on increasing its partnerships with major players in the energy sector.

“KAPSARC’s research collaboration with the GCCIA will facilitate continued progress toward regional electricity market integration by providing decision-makers in the region with insights into both the challenges and the opportunities,” said Alqarni.


Ascott Jeddah supports World Kidney Day

Staff members from Ascott Tahlia Jeddah, Ascott Sari Jeddah, Citadines Al-Salamah Jeddah and Spectrums Residence Jeddah visited the Hisham Attar Center for dialysis, to spend time with 70 patients.
Updated 18 March 2019
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Ascott Jeddah supports World Kidney Day

In light of National Kidney Month observed in March, The Ascott Limited joined forces with Albir Society Jeddah to observe World Kidney Day, on Thursday.

Staff members from Ascott Tahlia Jeddah, Ascott Sari Jeddah, Citadines Al-Salamah Jeddah and Spectrums Residence Jeddah visited the Hisham Attar Center for dialysis, to spend time with 70 patients, who were presented a flower and a gift from the properties.

Further supporting the cause, a dedicated Albir Society stand has been set up in the lobby of the four properties from March 13th to 20th, enabling a financial contribution from both staff and guests, as Ascott aims to raise support for the organization.

Vincent Miccolis, Ascott’s regional general manager for Middle East, Africa and Turkey, said: “We’re proud to support this important cause across Ascott Jeddah and enable both staff and guests to get involved. All Ascott Jeddah staff wore a green ribbon on their uniforms for the month of March, further driving awareness and showing their commitment to the cause. CSR initiatives form a core component of Ascott’s operations, and we’re pleased to be able to support the Albir Society Jeddah.”

World Kidney Day is annually observed on second Thursday in March. This year, it fell on March 14. The day is marked to raise awareness about kidney health and its relation to our overall health. This year, the theme of World Kidney Day was “Kidney Health For Everyone Everywhere.”

According to National Health Portal, chronic kidney disease is the sixth fastest growing cause of death. Around 850 million people worldwide are now estimated to have kidney diseases due to various causes. Around 1.7 million people are estimated to die annually due to acute kidney injury globally.

The Ascott Limited is a Singapore company that has grown to be one of the leading international lodging owner-operators. It has more than 58,000 operating units in key cities of the Americas, Asia Pacific, Europe, the Middle East and Africa, as well as over 42,000 units, which are under development, making a total of more than 100,000 units in over 660 properties.

The company’s serviced residence and hotel brands include Ascott, Citadines, Somerset, Quest, The Crest Collection, lyf, HARRIS, FOX HARRIS, YELLO, POP!, Préférence and HARRIS Vertu.