‫تطلق مجموعة الزاهد مبادرة “لا للبلاستيك”

JEDDAH, Saudi Arabia, Nov. 03, 2021 (GLOBE NEWSWIRE) —

تفخر مجموعة شركات الزاهد بالإعلان عن إطلاقها لمبادرة “لا للبلاستيك ذو الاستخدام الواحد” حيث اتخذت المجموعة قراراً باستبدال جميع المواد البلاستيكية ذات الاستخدام الواحد بمنتجات مستدامة وصديقة للبيئة على نطاق جميع شركات المجموعة داخل وخارج المملكة العربية السعودية بنهاية عام ٢٠٢٢.GNW

وتماشياً مع أهداف المجموعة ووعيها بأهمية حماية البيئة بممارسات مستدامة، فسيتم استبدال المواد البلاستيكية التي يتم استخدامها لمرة واحدة في فروع شركات المجموعة بحلول صديقة للبيئة، والذي سيكون له دور كبير في تحقيق التأثير الإيجابي المطلوب.

وأضاف الرئيس التنفيذي للمجموعة زيد محمد زاهد: “إنني على يقين أننا جميعا على علم بالأضرار التي تلحقها النفايات البلاستيكية على بيئتنا. والآثار السلبية بعيدة المدى التي تعرض الحياة الفطرية في البر والبحر للخطر، وتشوّه السواحل والمناظر الطبيعية وتلحق بنا الأذى وبمن نحب. إن التغاضي عن هذه المشكلة له تأثيرات مدمرة على كوكبنا وعلى الأجيال القادمة، ومن خلال تحقيق هدفنا بجعل شركاتنا خالية من البلاستيك ذات الاستخدام الواحد، نكون قد حققنا الأثر الإيجابي الواضح على محيطنا ومجتمعنا وكوكبنا.”

الهدف واضح، والالتزام جاد، والتغييرات قد بدأت بالفعل. كل فرد في مجموعة الزاهد، وعوائلهم، هم جزء من حل المشكلة، وتؤمن المجموعة بأنه سيكون لجميع هذه الجهود الفردية مجتمعةً بإذن الله تأثير مباشر في الحد من تلوث الكوكب وحماية البيئة؛ وبذلك ستكون مجموعة شركات الزاهد القدوة التي يحتذى بها في هذا المجال.

مجموعة الزاهد
مجموعة الزاهد هي شركة خاصة مقرها في جدة، المملكة العربية السعودية وتعمل بها لأكثر قرن، ويعمل بها أكثر من ٥,٠٠٠ شخص. وهي عضو رائد في العديد من القطاعات كقطاع الطاقة والانشاءات والآلات الثقيلة والنقل والخدمات المالية، واللوجستية، والتصنيع، والضيافة. تمثل مجموعة الزاهد علامات تجارية عالمية رائدة كمعدات كاتربلر وشاحنات فولفو ورينو وتوتال.

Contact Information:

Mrouj Barefah
SUPLess@zahid.com

Zahid Group Is Committed to Stop the Use of Single-Use Plastics by the End of 2022

Zahid Group Is Committed to Stop the Use of Single-Use Plastics by the End of 2022

‘No to Single-Use Plastic’: An initiative in line with Zahid Group’s commitment towards sustainability

JEDDAH, Saudi Arabia, Nov. 03, 2021 (GLOBE NEWSWIRE) — Zahid Group is proud to announce the launch of its ‘NO TO SINGLE-USE PLASTIC’ initiative, a commitment to eliminating the use of single-use plastic across Group companies in and out of the Kingdom of Saudi Arabia by the end of 2022. As a leading organization, Zahid Group recognizes the importance of setting the standard and doing its utmost to protect the communities it impacts and the planet.

In line with the Group’s ongoing enhancement of sustainable practices, single-use plastics have been identified as an area where significant results can be achieved. The elimination of single-use plastics from all facets of all Group companies and their replacement with environmentally friendly solutions will help protect our seas, oceans, and land.

Mr. Zayd M. Zahid, Zahid Group’s Chief Executive Officer commented, “We all see the harm single-use plastics have on our environment and we can no longer afford to not be part of the solution. The effects of single-use plastics are far reaching – damaging our environment, adding to the climate change problems, destroying marine life, damaging landscapes and coastlines and ultimately harming each of us and our loved ones. Left unchecked, the harmful impact we are witnessing today, will have devastating effects on our planet and future generations. In achieving our stated goal of removing single-use plastics from all our operations, we will have a significant, positive impact on our families, communities, and planet.”

The goal is clear, the commitment is second-to-none and the work has already started. Every Zahid Group employee and their families are part of the solution. Their efforts will have a direct impact in reducing the pollution to the planet and protecting the environment; therewith setting an example for others to follow.

About Zahid Group

Zahid Group is a privately held organization headquartered in Jeddah, Saudi Arabia for over a century. It employs more than 5,000 people and is a leading player in multiple industries that include, energy & utilities, heavy machinery, financial services, industrial manufacturing, transport, and hospitality. The Zahid Group partners with leading global brands including Caterpillar, Volvo and Renault trucks, and Total.

Contact Information:

Mrouj Barefah
SUPLess@zahid.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a1ee69df-958d-4889-8304-d36522d92f82

Synchronoss Names Taylor C. Greenwald Chief Financial Officer

Finance leader brings more than 20 years of public company experience to Synchronoss

BRIDGEWATER, N.J., Nov. 02, 2021 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital products and platforms, today announced that Taylor C. Greenwald is appointed Executive Vice President and Chief Financial Officer, effective immediately. In his new role at Synchronoss, Greenwald will oversee global financial operations for the company, including accounting, treasury, business planning and analysis, corporate development, and investor relations.

Greenwald brings to Synchronoss extensive experience managing all financial functions of large global public organizations. He most recently served as Senior Vice President Finance and Chief Financial Officer, Web Presence for Endurance International Group, an IT services company. Prior to that, he spent 18 years with Convergys Corporation where he held several senior leadership roles, including Senior Vice President Finance, Controller and Chief Accounting Officer.

“I am pleased to welcome Taylor to our senior leadership team,” said Jeff Miller, President and CEO of Synchronoss. “Taylor brings to the table significant experience driving revenue growth and profitability for large companies in the technology and business service industries. In addition, he offers deep corporate development knowledge, including acquisitions and divestitures, proven proficiency with turnaround strategies, and a strong technical background. I’m confident his expertise and financial acumen will make an immediate impact as we continue to position Synchronoss for the future and ensure our customers across the globe have the resources they need to connect with subscribers in trusted and meaningful ways.”

Miller added that Lou Ferraro, who had been serving as Acting Chief Financial Officer for the last quarter, will remain with the company as Executive Vice President of Financial Operations and Chief Human Resources Officer, reporting to Taylor. “Lou did a fantastic job after being asked to take on the acting CFO role earlier this summer in addition to his other responsibilities. The board and I look forward to his ongoing leadership with us going forward,” Miller said.

Greenwald said he is excited to be joining the company. “The work that Synchronoss has accomplished in the past year to improve its business trajectory is impressive, and I’m honored to join the company at such an important time. I look forward to helping Synchronoss build momentum for revenue growth and deliver on its strategic goals for customers and its other stakeholders,” he said.

Greenwald earned his MBA from the Massachusetts Institute of Technology – Sloan School of Management, and his bachelor’s degree in engineering from Georgia Institute of Technology.

About Synchronoss
Synchronoss Technologies (NASDAQ: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market. Hundreds of millions of subscribers trust Synchronoss products to stay in sync with the people, services and content they love. That’s why more than 1,500 talented Synchronoss employees worldwide strive each day to reimagine a world in sync. Learn more at www.synchronoss.com

Media Contacts

For Synchronoss:
Anais Merlin, CCgroup UK
Diane Rose, CCgroup US
E: synchronoss@ccgrouppr.com

Investor Contact
For Synchronoss: Todd Kehrli/Joo-Hun Kim, MKR Investor Relations, Inc., E: investor@synchronoss.com

Strong Growth Figures Hotel Industry good for investors

DUBAI, United Arab Emirates, Nov. 02, 2021 (GLOBE NEWSWIRE) — Barrows, the provider of hotel investment and advisory services for hotels in the Middle East, is very positive for the global hotel industry and sees huge opportunities for investors and developers.

Last year, the company noticed lower sales due to restrictions imposed by travel restrictions and declining demand for global hotel bookings. The turnover decline in hotel room sales was a fact, but the differences with the advisory branch of the company were very large. Never has the company managed to achieve such significant growth.

Many Hotels across the globe had massive problems and hired Barrows as their regular advisory partner. Today, the development of new hotels and the sales of hotel rooms are stronger than ever before. Investors are massively signing up for new hotel projects and they really come from all over the world.

The company expects strong growth in the hotel industry for the last quarter of this year and for 2022. “The economies are slowly closing, and world trade is returning back strongly,” said Barrows Hotel Enterprises Chairman – Erwin Jager. The market has been recovering for a few months now and hotels are opening their doors to the public again, which is giving a huge boost to employment.

Barrows Hotel Enterprises internationally manages more than 10,000 hotel rooms in more than 10 countries. The company started in 2008 as a real estate investor in the residential market in Dubai. Since 2012, Barrows has changed its strategy and the company is fully focused on the fast-growing hotel industry in the Middle East and Africa.

For more information
media@barrowshotels.com

Bombardier’s Safety Standdown Welcomes New Leader as Chris Milligan Succeeds Andy Nureddin in Stewarding Influential Industry Event

Bombardier Safety Standdown
Bombardier’s Safety Standdown dream team: (From left) New Safety Standdown leader Chris Milligan, VP, Pre-Owned Aircraft Services and Flight Operations; JC Gallagher, Executive VP Services, Support and Strategy; and Andy Nureddin, veteran customer support executive and steward of the program for more than 15 years, who is retiring in 2022.
  • Seasoned Bombardier executive, Chris Milligan will continue to build on Safety Standdown’s reputation for excellence
  • Bombardier’s Safety Standdown celebrates 25 years of aviation safety stewardship and education
  • Prominent event promotes lifelong learning opportunities to highlight the industry’s latest safety knowledge

MONTREAL, Nov. 02, 2021 (GLOBE NEWSWIRE) — Bombardier’s annual Safety Standdown event, one of the most comprehensive safety gatherings in the aviation industry, is honoring a dedicated Bombardier executive who has been a passionate steward and leader of the event for many years and announcing a new successor to lead the program.

Bombardier’s Chris Milligan, Vice President, Pre-Owned Aircraft Services and Flight Operations, will take over the reins from long-time Safety Standdown leader, Andy Nureddin, who has led the Bombardier Flight Operations team responsible for organizing this annual safety gathering. Andy has planned to retire at the end of 2022 and is currently focusing on completing a smooth transition of Safety Standdown leadership to Chris. Anthony Cox has been promoted to Vice President, Customer Support and is succeeding Andy in his Bombardier customer-facing capacities.

“I am very pleased to introduce Chris Milligan as the new leader of the Safety Standdown team and I want to sincerely thank Andy for his steadfast commitment and hard work in fostering the growth of this invaluable industry event,” said Jean-Christophe Gallagher, Executive Vice President, Services and Support, and Corporate Strategy, Bombardier. “For 25 years, Bombardier has led the industry in providing aviation professionals with critical knowledge-based aviation training in many key areas and Andy has been front and centre in that growth. I am confident that under Chris’s direction, we will continue to provide aviation professionals with more lifelong learning opportunities and focus on disseminating higher standards of safety and professionalism throughout the industry.”

Celebrating its 25th anniversary, the Bombardier Learjet flight operations team created the Safety Standdown event in 1996 as a human-factors safety training seminar. As it has flourished, its purpose remains the same – to foster a community of aviation professionals who are committed to lifelong learning and to establishing higher standards of safety and professionalism throughout the industry. Through its overriding theme of “Learn – Apply – Share,” this special two-day conference is filled with learning opportunities, compelling workshops, presentations and more, laying the foundation for many more years of safety training to come.

About Safety Standdown
Originally conceived in 1996 as a human factors safety-training event for the Learjet flight demonstration team, the conference quickly garnered a reputation for excellence beyond Bombardier’s customer base. In 1999, in response to growing interest within the industry, Bombardier opened the seminar to all pilots. In 2010, Safety Standdown expanded beyond the seminars into a year-round global human factors program offering online resources. Since 1996, more than 10,000 corporate, commercial and military aviation professionals have attended Safety Standdown seminars worldwide, live and through the webcast, including in Brazil, Canada, China, Mexico, Switzerland and the USA. Admission to Safety Standdown has, throughout the years, remained free to all aviation professionals as safety is a top commitment to the flying public.

About Bombardier
Bombardier is a global leader in aviation, creating innovative and game-changing planes. Our products and services provide world-class experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montréal, Canada, Bombardier is present in more than 12 countries including its production/engineering sites and its customer support network. The Corporation supports a worldwide fleet of over 4,900 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals.

News and information is available at bombardier.com or follow us on Twitter @Bombardier.
Visit the Bombardier Business Aircraft website for more information on our industry-leading products and services.

Bombardier, Learjet and Global 7500 are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

For information
Matthew Nicholls
Bombardier
+1 514-243-8214
Matthew.Nicholls@aero.bombardier.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/850faa97-1ed5-42e5-b46d-f89bb5b87250

Bombardier Announces Construction of New Global Manufacturing Centre in Mississauga is on Track, Reiterates Sustainment of 2,000 Jobs and Commitment to Aerospace Community in Ontario

  • Set for completion in 2023, the new world-class facility for final assembly of Global aircraft will exemplify Bombardier’s commitment to sustainability
  • Environmentally responsible features will reduce energy consumption by almost 60% and will lower greenhouse gas emissions by more than half
  • The state-of-the-art facility at Toronto Pearson International Airport represents a private investment of approximately $400M USD by Bombardier and will provide continued employment to the 2,000 highly skilled Bombardier employees currently working at Bombardier’s existing Downsview facility
  • Bombardier reiterates continued involvement in the aerospace cluster through active engagement in the Downsview Aerospace Innovation & Research (DAIR) consortium and other initiatives

MISSISSAUGA, Ontario, Nov. 02, 2021 (GLOBE NEWSWIRE) — Bombardier provided further details on the construction of its new, state-of-the-art facility at the Toronto Pearson International Airport that will optimize final assembly operations for its family of Global business jets, including the industry flagship Global 7500 aircraft. In an event attended by Bonnie Crombie, Mayor of the City of Mississauga, Deborah Flint, President and CEO of the Greater Toronto Airports Authority, Jerry Dias, National President at Unifor, and several other key representatives of the Greater Toronto aerospace community, the company reiterated its commitment to continue the momentum of its presence in Ontario.

On track for completion in 2023, the facility will provide a new home to the Global Manufacturing Centre, currently located in nearby Downsview, ON. The move, which represents a private investment by Bombardier of approximately $400 million USD, will provide continued employment to the 2,000 employees currently working at Bombardier’s Downsview facility.

“We came here today to show you first-hand that construction of our new Global Manufacturing Centre of Excellence is advancing as planned,” said Éric Martel, President and Chief Executive Officer, Bombardier. “We are extremely proud of the people who have been producing our best-in-class business jets for decades here in Ontario, and with the rising demand for large-cabin, long-range aircraft, we are looking forward to providing our teams with a new, state-of-the-art work environment,” he added.

The Downsview plant was built in the 1960s, and the transition to the new, 770 000 sq. ft. facility at Pearson Airport in Mississauga will significantly reduce Bombardier’s industrial and environmental footprint in the area. The company is embracing the opportunity to incorporate as many environmentally responsible features as possible. Energy consumption will be reduced by just under 60% by focussing on natural and more efficient lighting elements, and newer heating methods and updated processing systems will lower greenhouse gas emissions by more than half. Considerably less water will be used in the manufacturing process thanks to the modifications implemented in the processing shop workflow. In parallel, electric vehicles will be favoured for onsite transportation and three Sustainable Aviation Fuel (SAF) tanks will provide fuel for departing aircraft.

During the event, Bombardier also confirmed it will remain active in creating educational and job opportunities for future generations of aerospace talent in the Greater Toronto Area, particularly through its continued involvement in the DAIR consortium. The consortium, which the company cofounded with Centennial College, drives local collaborative research and development to help small and medium aerospace hub businesses scale up. “It is our continuing strategy to further support local innovation, harness the ingenuity of future aerospace professionals and enrich our local supply chain. Our involvement with DAIR enables us to realize this vision and it is one that we value greatly,” said Éric Martel.

Martel also emphasized the importance of local partnerships in facilitating the successful transition to a new production site. “I want to thank the City of Mississauga and the Regional Municipality of Peel, as well as our partners at the Greater Toronto Airports Authority for making us feel truly welcome in our future new home here in Mississauga.”

“I’m so proud that Bombardier, one of the world’s most innovative aviation companies, has chosen to make this very significant investment in Mississauga,” said Mississauga Mayor Bonnie Crombie. “By opening its new Global Manufacturing Centre of Excellence in our city, Bombardier will strengthen our world-class aviation sector by continuing its relationship with Mississauga-based companies that provide leading-edge capabilities to support Bombardier’s family of Global business jets. I look forward to working with Bombardier and Pearson to find new ways to bring more aerospace investment to Mississauga”

“Toronto Pearson has a vision to be the airport of the future – from our approach to health and safety through our globally recognized Healthy Airport program to creating a more modernized airport experience,” said Deborah Flint, President and CEO, GTAA. “And part of being the airport of the future means building partnerships that confer greater economic and social opportunities on the communities we serve. Bombardier’s focus on innovation and connection is a perfect fit for Toronto Pearson as we build back a better, more resilient, more innovative aviation and aerospace sector right here in Mississauga.”

“Unifor aerospace members’ skills are virtually unmatched and the aircraft they build are unrivaled in their class,” said Jerry Dias, Unifor National President. “The new production facility will help secure advanced manufacturing jobs for the long term and will be a proud new home for highly-skilled Bombardier workers for generations to come.”

“Ledcor is proud to be building Bombardier’s new state-of-the-art manufacturing facility at Toronto Pearson International Airport,” said Ray Lawrence, Vice President, Ontario, Ledcor Construction. “We are excited to work with the project and design team to achieve Bombardier’s sustainability and energy efficiency targets.”

About Bombardier
Bombardier is a global leader in aviation, creating innovative and game-changing planes. Our products and services provide world-class experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montréal, Canada, Bombardier is present in more than 12 countries including its production/engineering sites and its customer support network. The Corporation supports a worldwide fleet of over 4,900 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals.

News and information is available at bombardier.com or follow us on Twitter @Bombardier.
Visit the Bombardier Business Aircraft website for more information on our industry-leading products and services.

Bombardier, Global and Global 7500 are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

For information
Tinca Stokojnik Prouvost
Communications
Bombardier
514-855-5001, ext. 51674

Barrows Hotels Comments on Recent Global Investors Meeting

LONDON, Nov. 01, 2021 (GLOBE NEWSWIRE) — The hotel development industry is accelerating the completion of its business improvement initiatives aimed at creating promising new opportunities for investors.

The initiative is supported by the flexibility and effectiveness of relaxed government procedures worldwide and the numerous benefits it offers investors.

The announcement follows a digital meeting with government officials from several countries who see the importance of strengthening the global investment climate.
A large majority of investors say these initiatives will have a positive effect on the business climate in the global hotel industry.

Erwin Jager, chairman of Barrows Hotel Enterprises, confirmed that the hotel industry will continue to create the conditions necessary to strengthen its status for global investment.

As a developer and hotel investor, Barrows Hotel Enterprises focuses on the MENA Region and sees good opportunities after the global pandemic. The company has daily contacts with institutional and private stakeholders within the industry.

We see the accelerated growth of the investment environment in the hotel sector. In today’s post-pandemic world, we need to keep pace with global developments while remaining vigilant and adaptive in our response to the ongoing rapid changes in our industry.

“The relationship with international investors is strong and we remain committed to continuous innovation and creating exceptional business opportunities that will drive growth within the hotel industry,” said Erwin Jager.

Together we ensure that the hotel industry continues to offer opportunities within a very stable, sustainable and attractive environment. This offers huge opportunities worldwide to boost employment

Investors have recently indicated that the improvements will help improve procedures and reduce effort. This creates promising new investment opportunities.

Efforts by government agencies are welcomed with open arms. This allows the hotel industry to continue to create new opportunities to improve and simplify their services.

Media Contact
Barrows Hotel Enterprises
info@barrowshotels.com