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

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.

Deal to create largest Arab digital marketing network

Updated 17 June 2019

Deal to create largest Arab digital marketing network

ArabClicks, a performance-based e-marketing platform, has signed a joint strategic cooperation agreement with Basma Media, developer of omnesmedia.com. The two parties aim to build effective relationships and foster business connections between publishers and social media influencers on the one hand, and various e-commerce platforms operating in the Arab world on the other, thus laying the foundation stone for the largest digital marketing network in the Arab region.

The agreement was signed by ArabClicks Co-founder and CEO Mauro Romano, and Nasser Al-Sarami, CEO of Basma Media, at the latter’s headquarters in Dubai Media City.

According to the agreement, Basma Media will work with various publishers, media professionals and social media influencers in the Arab world to familiarize them with the mechanism employed by ArabClicks and then connect them to the platform. The intent is to benefit from the media content provided by these publishers to promote commodities and products marketed across Arab e-commerce platforms such as Noon, Namshi, Sivvi, Java, eBay and Tajawal, and benefit from sales commissions.

Romano said: “We are delighted to partner with Basma Media to reach out to the largest segment of media professionals and influencers in the Arab world. Through the partnership, we seek to capitalize on the exponential growth of e-commerce which has become a key business sector in the Middle East, where ArabClicks is supporting and assisting various businesses in enhancing their market share of the steadily growing electronic sales in the region.”

Al-Sarami said: “Over the past two years, we have been working at Basma Media to strengthen the omnesmedia.com platform with as many databases as possible for the benefit of media organizations and influencers. Today, the platform incorporates a database of more than 10,000 influencers and around 35,000 geographically diversified influential media people, in addition to 3,000 freelance gifted innovators working in various media production fields as well as 23,000 titles for various media products representing seven different types of mass media covering 35 countries all over the world, a record which makes us one of the key and largest media references on the Arab and international levels. And that’s the reason it would be easy for ArabClicks to deliver its message through omnesmedia.com in a successful way to the benefit of all parties concerned, including influencers and publishers as well as brands, rights holders and e-commerce platforms.”

Romano added: “With its innovative marketing tools based on transforming web content into a potential source of revenue, ArabClicks provides assistance to e-commerce companies to enhance their reach to various segments of society and to grow in the Middle East market, therefore, helping publishers do business and make easy money through web links, seamlessly and without introducing any changes to the published content or disturbing site users in any way.”