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.”


Dur Hospitality launches training academy for aspiring hoteliers

The announcement was made during a special event attended by the company’s CEO Sultan Al-Otaibi and a number of its senior officials.
Updated 15 September 2019

Dur Hospitality launches training academy for aspiring hoteliers

Saudi hospitality company Dur Hospitality has launched a training academy specialized in hospitality disciplines. The announcement was made during a special event attended by the company’s CEO Sultan Al-Otaibi and a number of its senior officials, in addition to a group of notable local and international hospitality sector professionals.
Dur’s CEO highlighted the importance of the academy, which he said aims to equip local talents interested in working in this sector with the necessary skills and qualifications. He added that the academy’s goals also include training current Dur employees and equipping them with knowledge and applied skills that they require to succeed. He elaborated that the academy will operate over two phases, with the first seeking to fulfill the company’s requirements and ensuring its staff is qualified to execute its future expansion strategy ongoing till 2020, while the second phase will contribute toward supplying the local hotel service sector with qualified and capable national talents.
Al-Otaibi said the academy’s ultimate objective is to equip trainees with world-class skills and provide them with guidance from local and international sector leaders to help them achieve excellence.
The academy will present a number of training programs that aim to raise the qualification and skill level among trainees, which will eventually reflect positively on the Saudi hospitality sector. These programs will cover three main parts, where the first part will include programs on leadership and supervision and will last for 12 months. It will cater to internal supervision and front desk employees, food and beverage production and service employees, and marketing and sales employees.
The second part will be dedicated to training new recruits and will last between three to six months. Likewise, it will include training front desk employees, internal supervision employees, food and beverage production and service employees, and marketing and sales employees.
The third part of the program will include shorter development courses that last between one and five days. It will cover topics including central management for internal and external operations, hotel management, customer service, and health and safety.
Established in 1976, Dur Hospitality has extensive record in managing, developing and operating a wide portfolio of hotels and residential compounds across the Kingdom.