Bahrain EDB appoints Khalid Humaidan as new CEO

Khalid Humaidan, chief executive, Bahrain EDB.
Updated 12 September 2019

Bahrain EDB appoints Khalid Humaidan as new CEO

The Bahrain Economic Development Board (EDB) — the investment promotion agency tasked with attracting investment into the country — has announced the appointment of its board member, Khalid Humaidan as chief executive, effective immediately.
Prior to joining the EDB, Humaidan, a Bahraini national, was the head of global markets MEA at BNP Paribas. He has over 20 years of experience working in capital markets and currently serves on the board of Mumtalakat, and until his appointment as chief executive, sat on the EDB’s board from 2014.
Humaidan said: “At a time of rapid shifts in the global economy, the key to our prosperity lies in the rapid adoption of new trends and innovation — as well as strong partnerships between the public and private sector.”

The work of the Bahrain Economic Development Board has brought a range of world-class companies to the country through a forward-thinking approach that combines agility, a strong entrepreneurial ecosystem, and co-ordinated action. Having spent more than 20 years in finance, I look forward to contribute to the next phase of the country’s economic growth and forging even stronger ties with our partners.”


Whale shark hot spot in Red Sea offers new insights

An international team of KAUST researchers studied whale shark movement patterns near the Shib Habil reef (Arabic for ‘Rope Reef’), a known whale shark hotspot in the Red Sea on the Saudi Arabian coast.
Updated 18 November 2019

Whale shark hot spot in Red Sea offers new insights

According to the International Union for Conservation of Nature (IUCN), whale sharks are considered endangered, which means the species has suffered a population decline of more than 50 percent in the past three generations. The whale shark is only two classifications from being extinct. Improvements and conservation efforts are in place, but there is still a long way to
go to protect these gentle underwater giants.
An international team of researchers, led by marine scientists at King Abdullah University for Science and Technology (KAUST) in Saudi Arabia and including researchers from Woods Hole Oceanographic Institution (WHOI) in the US, has performed an extensive study of whale shark movement and residency using a combination of three scientific techniques: Visual census, acoustic monitoring and satellite telemetry.
Their six-year study, published in the journal PLOS ONE, tracked long-term whale shark movement patterns near the Shib Habil reef (Arabic for “Rope Reef”), a known whale shark hotspot in the Red Sea. The team monitored a total of 84 different sharks over a six-year period, and their results shed light on whale shark behaviors,
which could help to inform conservation efforts.
“The study takes years of passive acoustic monitoring data and combines it with previously published visual census and satellite telemetry data from the same individual sharks. The combined dataset is used to characterize the aggregation’s seasonality, spatial distribution, and patterns of dispersal,” said Dr. Michael Berumen, director of the Red Sea Research Center and professor of marine science at KAUST.

HIGHLIGHT

An international team of researchers, led by marine scientists at King Abdullah University for Science and Technology (KAUST) in Saudi Arabia and including researchers from Woods Hole Oceanographic Institution (WHOI) in the US, has performed an extensive study of whale shark movement and residency.

They found the aggregation to be highly seasonal, with sharks being most abundant in April and May, and that many of the sharks returned to the hot spot regularly year after year. The study also shows roughly equal numbers of male and female sharks using the site, something that could be unique to Shib Habil. These characteristics indicate that this site may serve an important function for the wider Indian Ocean population of this rare and endangered species.
“Using the combined dataset, we can show somewhat conclusively that the aggregation meets all of the criteria of a shark nursery. This is particularly relevant given that Shib Habil is the only site in the Indian Ocean to regularly attract large numbers of juvenile females. Growing late-stage adolescents of both sexes into full adulthood is critical for sustaining a species. Management of critical habitats like Shib Habil and other aggregations will likely be vital for future whale shark conservation,” said KAUST graduate Dr. Jesse Cochran, lead author of the study.
There is a combination of factors contributing to the decrease of whale shark populations world-wide, including targeted fishing, bycatch losses due to fisheries, vessel strikes from boat traffic, marine debris, and pollution.