Ford embraces FII to boost smart mobility in Mideast

Raj Rao, CEO of Ford Smart Mobility LLC
Updated 02 November 2017

Ford embraces FII to boost smart mobility in Mideast

The Future Investment Initiative (FII) summit last week in Riyadh gathered together the world’s most powerful investors, business leaders, thought leaders and public officials to discuss innovations that are defining the future.
Raj Rao, CEO of Ford Smart Mobility LLC, joined a panel discussion on Building the Future — a forum that discussed ways in which global authorities can prepare for the next wave of global commerce with large scale infrastructure projects.
“I am delighted to be part of the Future of Investment Initiative conference and I am looking forward to participating in the discussion and exploring how mobility services could play a role in Saudi Arabia,” Rao said prior to the event.
“Saudi Arabia is our largest market in the GCC and the Middle East overall, and our commitment to this key market is absolute. With Saudi Vision 2030, we see a bright future for the Kingdom and we trust that the diversification of its economy will reap positive outcomes for all industries,” he added.
By 2030, the projected population of Saudi Arabia is expected to reach close to 40 million; the UAE could reach 12 million, and each of the remaining GCC countries are also expected to experience significant boosts to their populations.
According to the global consulting firm KPMG, 80 percent of auto executives expect the connectivity trend will be disruptive and 83 percent anticipate major disruptions to their business models within the next five years.
At the same time, cities are faced with the challenge of transporting people and goods more efficiently and affordably with a minimal carbon footprint. “This has created opportunities for companies like Ford to explore new ideas in smart mobility while expanding their business models to embrace these disruptive technologies,” Ford said in a statement.
“Things are developing so quickly in the Middle East. A dimension that is unique here is the rate of change to the infrastructure and all of these economies wanting to be at the forefront of technologies. They are doing a lot to make their cities intelligent. There are many smart city initiatives and a lot of infrastructure that has already been built to make cities operate more efficiently,” said Rao.


Hyatt Regency program supports Saudi Vision 2030

Updated 18 February 2020

Hyatt Regency program supports Saudi Vision 2030

Hyatt Regency Riyadh Olaya has announced a partnership with the Hotel and Tourism Management Institute Switzerland — Saudi Arabia (HTMi), and the international nonprofit Education for Employment (EFE), in an effort to support the Kingdom’s Vision 2030. With the help of EFE and HTMi, the hotel will sponsor various groups of women throughout the year, each for four months of training at HTMi — Riyadh. The hotel will then recruit them in various departments where they will be able to contribute to the best of their abilities. 

“I’m thrilled to be here today to celebrate with the team of Hyatt Regency Riyadh Olaya their new initiative to support Hyatt’s global program ‘RiseHY,’ which is designed to introduce youth to hospitality and provide needed employment opportunities,” said Giuseppina Bavasso, Hyatt’s director of human resources — Middle East, Africa and South West Asia. “The RiseHY program builds on our long-standing commitment with our existing or new relationships with community-based organizations across the world to provide vocational training and career readiness programs. We understand the challenges young people face and we believe that hospitality is one of the few industries where entry-level opportunities can lead to long-life career chances.”

RiseHY is a global program designed to pair the hospitality industry’s career opportunities with young people who need them. As part of the initiative, Hyatt hotels around the world commit to hiring 10,000 opportunity youth by 2025.

“The Kingdom’s Vision 2030 aims to boost women’s participation in the local labor market and provide equal and rewarding opportunities for everyone, so that they may use their talents and abilities to contribute to the Kingdom’s economy,” said Walid El-Awadly, Hyatt Regency Riyadh Olaya’s general manager. “Building an inclusive and diverse workforce has always been an integral part of Hyatt’s DNA and our commitment toward RiseHY is a chance to bring employment opportunities to the members of the communities in which we operate. This commitment brings Hyatt’s purpose — to care for people so they can be their best — to life in the Riyadh community.”

Hyatt Regency Riyadh Olaya opened its doors to guests in January 2017. The hotel offers 260 guest rooms, including 39 suites, spread across 28 floors.

Hyatt Regency’s strategy is aligned with Saudi Arabia’s Vision 2030, which focuses on stimulating tourism and boosting the Kingdom’s economy. The current Hyatt portfolio in the country comprises Park Hyatt Jeddah, Jabal Omar Hyatt Regency Makkah, Hyatt Regency Riyadh Olaya, Hyatt Place Riyadh Al-Sulaimania, and Hyatt House Jeddah Sari Street.