May 2022 Capital Letter

CAPITAL LETTER Vol. 25 | Issue 1 | May 2022

Environmental.BCC AD AND EMBASSY UPDATE Social. Governance. Reimagining our region through ESG: The 2022 Middle East Report. B CAPITAL LETTER Download today to learn more. Vol. 25 | Issue 1 | May 2022

CAPITAL LETTER Contents A note from the BCC AD Executive Management BCC AD AND EMBASSY UPDATE Team A tribute to His Highness Sheikh Khalifa bin Zayed Al Nahyan 2 This being the first issue of Capital Letter since the launch of British Meet the BCC AD Partners 3-5 Chamber of Commerce Abu Dhabi in January 2022, we would like to take this opportunity to thank our many wonderful members, An Update from British Chambers of Commerce UK HQ 6 partners and supporters to date. We have had unparalleled appetite for collaboration from across the business community of Abu Dhabi A look back at UK at Expo 2020 Dubai 8-9 – not only from private sector but from many government entities we have partnered with in recent months, including Abu Dhabi Customs INSIGHT 11 Authority, Abu Dhabi DED Residents Office (ADRO) and Abu Dhabi 12 Investments Office (ADIO). This is true also of course of Her Majesty’s A BCC AD Collaboration with Imperial College London 13 Government as we continue to work closely with the Department for UAE Legal Updates 14 International Trade team both in UAE, UK and regionally. UAE Corporate Health and Safety Updates 15 UAE Visa Updates We are delighted to be part of the Global Business Network of the The Importance of Investing in Our Planet British Chambers of Commerce and regularly engage with our fellow international Chambers, building better business outcomes for our SPECIAL FEATURES 17 members. We have welcomed private sector member companies at 18 Associate, Business and Corporate level representing UAE national The View from a British-Emirati Joint Venture 19 companies as well as those of UK heritage, as we continue our dual A Tribute to Mike McGrath 20 focus on supporting both UAE and UK business interests. Wearable Technology Service 20 The Transformational Potential of ESG 21 This issue provides insight into our activities within our first months Is Football Finally Coming Home? 22 operating as BCC AD, as well as informative updates from our Rolls-Royce and Etihad’s Latest Collaboration members. We continue to strive to deliver better business outcomes Reimagining World Trade for our members through informing, connecting and supporting businesses within our network. We welcome new ideas and inquiries NEWS, EVENTS & UPDATES 24 – please get in touch now to join British Chamber of Commerce Abu 24 Dhabi as a member. We look forward to supporting your business! UMEX-22 25 A UAE-UK Business Council Update 26 - 29 Sinéad Whelan - General Manager BCC AD Welcomes Non-GCC Region DIT Leads Mai Ahmad - Business Development Manager Events Gallery Eunice Della Tore - Admin Assistant MORE FROM BCC AD 30 - 40 Meet the BCC AD Members Editorial Submissions or Advertising Enquiries: [email protected], British Chamber of Commerce, Abu Dhabi PO Box: 43635, Abu Dhabi, UAE, : +971 2 445 7234 Office Mobile: 056 6650582, Email: [email protected] General Manager: Sinéad Whelan Cover Picture: Al Wasl Plaza during UK National Day at Expo 2020 Dubai on 10th February 2022. For more stories visit www.bccad.ae CAPITAL LETTER 1 Published by: Dar Al Fajr Printing, Publishing & Advertising, P.O. Box: 505, Abu Dhabi, UAE, : +971 2 4488300, Email: [email protected] This magazine is distributed amongst the members of British Chamber of Commerce Abu Dhabi and has no commercial value. Vol. 25 | Issue 1 | May 2022

BBCCCAADDAANNDDEMEMBBAASSYSYUUPDPDATAETE We are deeply saddened by the loss of a true great leader, His Highness Sheikh Khalifa bin Zayed Al Nahyan, United Arab Emirates President and Ruler of Abu Dhabi, who passed away on 13th May 2022. On behalf of British Chamber of Commerce Abu Dhabi, we would like to express our heartfelt condolences and sympathies to the government and rulers of the Emirates, and people of the UAE. May his soul rest in eternal peace. His Royal Highness the Duke of Cambridge Prince William arrived in Abu Dhabi within days to extend his condolences on behalf of the British Royal Family. His Royal Highness also offered his warmest congratulations to His Highness Sheikh Mohamed bin Zayed Al Nahyan on his appointment as President of the UAE and Ruler of Abu Dhabi. British Chamber of Commerce Abu Dhabi echoes these sentiments and looks forward to continuing the great relationship between the UK and UAE. His Royal Highness the Duke of Cambridge extends condolences on behalf of the British Royal BCC AD Chair Nick Cochrane-Dyet MBE signs the book of condolence at Family to His Highness Sheikh Mohamed bin Zayed Al Nahyan. the UAE Embassy in London, for the people and leadership of the UAE, following the passing of His Highness Sheikh Khalifa bin Zayed Al Nahyan. 2 CAPITAL LETTER Vol. 25 | Issue 1 | May 2022

BCC AD AND EMBASSY UPDATE Meet the BCC AD Foundation Partners Nature of Business: Maritime Company Profile: AD Ports Group serves as the region’s premier facilitator of logistics, industry, and trade, as well as a bridge linking Abu Dhabi to the world. Operating several clusters covering Ports, Industrial Cities & Free Zone, Maritime, Logistics, and Digital, Abu Dhabi Ports’ portfolio comprises ports and terminals in Saif Al Mazrouei Julian Skyrme Kim Larsen Paul Vrijhof Vandana Sahasranaman the UAE and Guinea. CEO Ports Cluster Director Vice President Director Sales Specialist Commercial Nature of Business: Energy Company Profile: BP is an integrated energy company. We provide heat, light and mobility to people all around the world in ways that will help to drive the transition to a lower carbon future, with a purpose to reimagine energy Salem Bin Ashoor Nick Cochrane-Dyet MBE Mohammed Al Nakhi John Gaffey German Yusti for people and the planet and an Insights & Integration Sub-Surface Joint ambition to be a net zero company Vice President BP Special Advisor JV Operations and by 2050 or sooner. UAE Project Manager Manager Venture Director Nature of Business: Accounting/ Consultancy Company Profile: At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 155 countries with over 284,000 people who are committed to delivering quality in assurance, advisory and tax services. PwC refers to the PwC network and/or one or more of its Charles Clifton James Wilson Craig Hughson Joseph Leavy Jay Edwards member firms, each of which is a Director Partner Director Senior Manager Senior Manager separate legal entity. Nature of Business: Energy Ali Al Janabi Joseph Harrison Jorge Castaneda Hisham Siddiqi Wayne Pearce Company Profile: Shell in UAE Country Chairman JV Asset Manager Key Account Finance Manager HSE Senior Vice is involved in every stage of the Shell UAE-Iraq Manager UAE Iraq President petroleum value chain – from the discovery and production of oil and gas to the distribution, marketing and retailing of oil, gas and petrochemicals. We trade with customers throughout UAE and neighboring regions from individual entrepreneurs and small businesses to major industry and multi-national companies. Vol. 25 | Issue 1 | May 2022 CAPITAL LETTER 3

BCC AD AND EMBASSY UPDATE Nature of Business: Automotive Company Profile: Rolls-Royce Holdings Meet the BCC AD Annual Partners plc is a United Kingdom-based engineering company. The Company is focused on Nature of Business: Banking power and propulsion systems. The Company Profile: Barclays is a British universal bank. We are Company’s segments include Civil diversified by business, by different types of customer and client, and Aerospace, Power Systems and Defence. Its geography. Our businesses include consumer banking and payment Civil Aerospace is engaged in developing, operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are manufacturing, marketing and sales of supported by our service company which provides technology, operations and functional services across the Group. commercial aero engines and aftermarket services. Andrew Mortimer Omar Sheikh Shem Bosire James Holmes Arnold Xavier Managing Director Head of Corporate Director, Corporate Director, Head-In- Relationship Director - COO Middle East Banking ME Banking Region Bound and NBFI Client Coverage, ICB Nature of Business: Energy Omar Ali Adib John Paul Kelly Company Profile: Doosan Babcock is trusted to deliver VP Customers Senior Vice President complex projects and services in critical energy, low carbon and infrastructure sectors using our flexible, global network and technical expertise. Within the Middle East, Doosan Babcock employs in excess of 2,000 personnel delivering World-Class, Long-Term Service and Maintenance solutions across multiple sectors. Luke Gallagher Viktor Chiavetta John Thomas Chris Mckenzie Jane Sutherland Georges Abou-Nasr Gordon Deas Chief Executive General Manager Head, Governance & Operations Manager Finance Director Customer Business Account Manager Officer Executive Planning Meet the BCC AD Strategic Partners Nature of Business: Construction Nature of Business: Dr. Hamed Al Suwaidi Nature of Business: Marketing, Company Profile: Al Nasr Contracting Co. Civic & Social Founder & Chairman Advertising & Public Relations LLC was established in Abu Dhabi under Organization UAE laws in the year 1972 to operate as Company Profile: Company Profile: eWavelength is a a National Company. The company is a Located in the heart digital marketing and communications Major UAE Company active in Engineering, of Abu Dhabi, The Al consultancy who bring their international Procurement, Construction & Commissioning Suwaidi Foundation was founded by Dr. work experience to Abu Dhabi. of Multi-Discipline Civil with permanent Hamed bin Mohamed Khalifa Al Suwaidi, Established in 2011 in London, the manpower of over 4000 employees of various in 2019 to manage the enduring legacies agency has grown rapidly. The agency disciplines. of the late family members and to supports companies with rapid digital undertake projects designed to preserve and marketing transformation through the cultural and artistic heritage of the its 360 marketing plans, which also United Arab Emirates. incorporate training and fast deployment of digital projects through our team of Nature of Business: specialist consultants. Financial Services Company Profile: To support an increasing number of expatriates living and working in the Middle East, as well as the growing demand for financial planning services in the area, we established our office in Dubai in 2018. With an estimated 250,000 expatriates permanently living in the UAE alone, the need for high standard, transparent and professional financial advice in the region has never been more in demand and necessary. Stuart McCulloch George Howard Alex Salter Chris Davies Chris Keeling Rosie Seldon Tracey Mclain Senior Executive Offi- Chartered Financial Chartered Financial Chartered Financial Chartered Financial Managing Director Management cer and Market Head Planner Planner Planner Planner Consultant 4 CAPITAL LETTER Vol. 25 | Issue 1 | May 2022

Nature of Business: Energy BCC AD AND EMBASSY UPDATE Company Profile: Intertek is a leading Total Quality Assurance provider to industries worldwide. Our network of more than 1,000 laboratories and offices in Nature of Business: more than 100 countries, delivers innovative and bespoke Assurance, Testing, Banking Inspection and Certification solutions for our customers’ operations and supply Company Profile: We are a leading chains. international banking group, with presence in 60 of the world’s most dynamic markets and serving clients in a further 85. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, Here for good. Hanna Jabour Mustafa Sawalha Ehtibar Balametov Rojan Varughese Meghna Mathews Regional Managing General Manager - Regional Marketing & Sales Manager - Marketing Assistant Director Industry Services Sales Support Manager Industry Services – Industry Services Nature of Business: Public Relations & Communications Summet Singla Farah Ali Jassem Company Profile: Taqarabu Hybrid Communications (THC) is a new breed of hybrid consultancy, built with global organisations and initiatives in mind. Managing Director Marketing Manager Taqarabu, Arabic for Bring Together, is our guiding principle as we blend specialist communication and consultancy skills with a deep understanding of the Middle East. Guy Taylor Benjamin Castree Abdulkarim Hariharan K Shaikh Fahim Zeina Kawas Managing Partner Managing Partner Samaan Design Director Sultan Khalid Head, Client Director Sultan AlQasimi Marketing, UAE Partner Meet the BCC AD Event Partners Nature of Business: Defence Company Profile: Houbara is a company dedicated to harnessing technology to develop sovereign defense capabilities and advancing the vital national interests of the United Arab Emirates. Through the supply of innovative products and services, we aim to revolutionize military test and evaluation, enhance military training and secure critical national infrastructure. Tim Allen Herve Dechoux Dale McDonald Harry Rose Anri Van Zyl Nature of Business: Chief Executive Head of Solutions Operations and Regional Business Human Resources Human Resources Officer Delivery Director Development Manager Company Profile: With over 90 years’ Manager combined experience of delivering workforce solutions to the global energy industry, NES Fircroft is proud to be the world’s leading engineering staffing provider spanning the Oil & Gas, Power & Renewables, Infrastructure, Life Sciences, Mining, Automotive and Chemicals sectors worldwide. We provide tailored staffing solutions, sourced from a global talent pool by a dedicated team of consultants. Nature of Business: Hospitality Company Profile: Located at the city’s dynamic heart. This five-star hotel invites you in with light-filled, sophisticated spaces, award-winning dining, premium wellness facilities and 390 spacious guest rooms bathed in the panoramic city and coastal views. InterContinental Abu Dhabi also features outstanding meeting and events spaces, an elegant Club InterContinental lounge and personalised Lee Bailey Michael Lee Regional Sales Senior Business Dani Demerjian concierge services to Director Development Manager General Manager Wael Sami Sara Barakat Nicole Aslou keep you ‘in the know’ Director of Sales Director of Assistant Director of about this exciting and Marketing Marketing and Convention Sales destination. Communications Vol. 25 | Issue 1 | May 2022 CAPITAL LETTER 5

BCC AD AND EMBASSY UPDATE An update from British Chambers of Commerce UK Putting International Trade at the heart of business growth for over 160 years By Anne-Marie Martin We believe that international trade can make every business We are proud of our heritage. a better one. We want every Founded in 1860 the British Chambers of business to have the best possible export opportunities available to them and prosper Commerce and its member Chambers of in a world of international trade, and we Commerce have a long history for driving want to expand and diversify the number of trade, providing on the ground practical exports from the UK across the world.  support to help member businesses to trade locally, nationally, and globally. The UK is bursting with amazing businesses offering goods and services Our unique perspective gives us that are high quality, sustainable and well unparalleled insight into British business designed. There are hundreds of overseas communities and we work with our Chambers markets which are crying out for what UK to drive change and provide support to companies can offer and the UAE is one of companies, places and people to achieve the most often cited regions of interest for their potential. company members of our UK Chambers. There is a real opportunity to showcase We are working hard to drive economic those exciting new large scale projects and change from the ground up, throughout the attract suppliers and investors form the UK, to generate opportunity, encourage UK market. And we want to work with our community prosperity and affect positive member Chambers in change in society. Our network is united in its the region to do so. belief that a strong economy and sustainable Anne-Marie Martin is Director businesses are good for our communities, Global Business Networks at British society at large and for our planet. Chambers of Commerce. Our local roots, with 53 accredited UK “We want to help businesses to expand regional chambers located across every their businesses internationally, to grasp business hub in the UK embedded in their opportunities offered by doing business in local communities, and global reach via our global markets, so that they can grow and thrive growing international network of now over 70 and by being a member of the British Chamber British Chambers and Business Associations of Commerce in Abu Dhabi, your business can located across every continent of the globe, be a part of that journey.” provide us with a unique ability to drive trade, boost exports and help achieve a global Britain. Exporters across the UK are facing a wide range of issues, from unprecedented inflationary pressures and global supply chain crises to a raft of new requirements flowing from the EU trade deal. It is clear that more needs to be done to get greater numbers of UK businesses involved in international trade which is where we and our network come in. According to our research, the top 2 drivers for international trade for companies are finding that connection, that trusted potential partner at the other end and provision of practical, expert business support to help understand and harness opportunities across the world. Our Chambers do that day in and day out. Our research tells us that firms which export are more innovative, likely to seek growth opportunities and are more resilient and they are crucial for UK PLC as they create jobs and bring money back into the Exchequer. This is why we have launched a brand new Trade Manifesto in January published alongside our research. It is our loud and proud voice for the benefits of global trade, that sets out steps needed to achieve growth. Our trade policy asks to improve trading conditions, and highlighting the breadth and depth of the trade offer provided by our network of Chambers of Commerce in the UK and across the world. 6 CAPITAL LETTER Vol. 25 | Issue 1 | May 2022

W H AT W O R L D W I L L YOU MAKE POSSIBLE? In a time of monumental change, it’s reassuring to know you have the full force of Barclays behind you. Search Barclays Private Bank Influence tomorrow Barclays offers private banking products and services to its clients through Barclays Bank PLC and its subsidiary companies. Barclays Bank PLC is registered in England and authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered No. 1026167. Registered Office: 1 Churchill Place, London E14 5HP. Barclays Bank PLC (DIFC Branch) (Registered No. 0060) is regulated by the Dubai Financial Services Authority. Barclays Bank PLC (DIFC Branch) may only undertake the financial services activities that fall within the scope of its existing DFSA license. Principal place of business: Private Bank, Dubai International Financial Centre, The Gate Village Building No. 10, Level 6, PO Box 506674, Dubai, UAE. This information has been distributed by Barclays Bank PLC (DIFC Branch).

BCC AD AND EMBASSY UPDATE The UK at Expo 2020 Dubai There have been some truly amazing moments footfall to Expo since opening. for the UK throughout the 6 months of Expo The UK’s presence at Expo 2020 Dubai is 2020 Dubai from October 2021 to March 2022. The RAF Red Arrows decorated the sky set to drive long term economic and social with their synchronised displays to mark the benefits, through many partnerships. These launch of the UK’s participation. The ‘Collective include a $200m deal between Solar Water Message’ on the façade of the UK Pavilion gave and the Gideon Group for sustainable water many visitors their first interaction with artificial projects in the UAE which was signed at the intelligence, as inspired by the late Professor UK Pavilion, the 7th Joint Economic Committee Stephen Hawking. Professor Hawking’s between the UK and the UAE held at Expo daughter, Lucy Hawking, worked with us and 2020, a Memorandum of Understanding signed Expo organisers to mark the importance of between the UK and UAE on cultural co- International Day of Persons with Disabilities. operation and another between Dubai-based Our content and an art installation from Nicola Online Marketplace Tradeling and the UK’s Anthony encouraged action on the climate crisis Department for International Trade to increase during COP26. Our food and drink themed UK e-commerce selling to the Middle East. events have showcased the UK’s culinary delights to a global audience. Our largest There are so many incredible moments and moment, the UK’s National Day, saw us deliver successes to mention, but there have also over 40 events in one day across the entire been challenges. The impact of the Covid-19 Expo site and an official visit from His Royal pandemic has been felt on many occasions Highness Prince William, driving the highest and the team and our partners have had to think differently and be creative about delivery at many points in the project. Yet, the team 8 CAPITAL LETTER Vol. 25 | Issue 1 | May 2022

BCC AD AND EMBASSY UPDATE continued to deliver excellently and worked of the Devolved Administrations and Overseas together to find solutions, in line with the spirit Territories of the UK were represented in a and theme of this event. Expo 2020 Dubai has coordinated approach. Teams from across the truly lived up to its ambition of being the World’s UK came together to deliver cross-government Greatest Show and the BIE’s General Secretary strategic objectives through the UK’s recently commented that Expo 2020 Dubai has participation in Expo 2020 Dubai promoting UK raised the bar for future world fairs. culture and soft power, and furthered UK policy priorities. The UK Pavilion presented the UK as The UK Pavilion welcomed more than 1.1 a great place to visit, study and do business million visitors, 700 VIP delegations, 32 UK and inspired and encouraged the world to see ministers, thousands of business leaders, senior the UK differently. This will all contribute towards decision makers and most importantly, the next long-term economic and reputational benefit to generation of young people who will help to take the UK. forward the ideas and solutions fostered from Expo to create the future. Our PR reported that Thousands of UK businesses utilised the the UK at Expo 2020’s total media coverage UK Pavilion and the reach hit 19.69 billion and the UK Pavilion programme of activity was officially one of the most Instagrammable to exhibit their products pavilions at Expo 2020 Dubai according to Time and services to a Out. global audience. We thank you for bringing This World Expo marked the first time that all the UK’s world class industry, culture, heritage, innovation and capabilities to a global audience. Vol. 25 | Issue 1 | May 2022 CAPITAL LETTER 9

BCC AD AND EMBASSY UPDATE Your Doosan Babcock is trusted to deliver engineering complex projects and services in critical partner for energy, low carbon and infrastructure sectors a low carbon using our flexible, global network and future technical expertise. for more information Recently celebrating our 131st Anniversary e: [email protected] since establishment in London and Glasgow t: +971 230 40 200 in 1891, Doosan Babcock delivers long term commitment and dedication to supporting customers, no matter where they are operating in the world. 10 CAPITAL LETTER Vol. 25 | Issue 1 | May 2022

INSIGHT A BCC AD Collaboration with Imperial “Thanks to the great support of the College Business School London British Chamber of Commerce Abu Dhabi, we were able to match these By Jake Cohen great companies with our highly motivated, talented teams”- Jake Omnia Discovery in collaboration with the Cohen, Director at Omnia Discovery. British Chamber of Commerce Abu Dhabi Omnia Discovery is a London based (BCC AD), delivered an exciting learning higher education consultancy. They programme for 60 MBA students from Imperial design and deliver trade missions, College Business School London in April, experiential learning programmes in Abu Dhabi. Omnia Discovery, a Business and corporate trainings. Omnia level BCC AD member, is a Higher Education Discovery is a member of the British Consultancy based in London. Partnering with Chamber of Commerce Abu Dhabi, BCC AD, the MBA students visited a number and continues to collaborate on many of local and British companies in Abu Dhabi projects in the region. and also received a presentation by Salvatore Lavallo, Head of Foreign Direct Investment CAPITAL LETTER 11 (FDI) at Abu Dhabi Investment Office (ADIO). Salvatore’s presentation included an overview on ADIO and Abu Dhabi’s enabling business environment. The students’ learning programme in Abu Dhabi involved working on consulting projects with two world-renowned companies, Corporate Members of BCC AD - Etihad Airways and Rolls-Royce. During five day placements, each of the companies provided a challenge for the students, whereby they had to provide a solution by applying all of the theoretical knowledge they learned in their MBA programme coupled with their own substantial professional global experience. The students focused on a review of Etihad’s learning strategy and the ‘Can and Should’ areas. Of the experience of welcoming the MBA students for the placement, Andrew Stotter-Books, Vice President Learning & Development at Etihad Aviation Group said: “The MBA students surpassed my expectations in every regard, the future of leadership is safe in this teams’ hands! Our Heroes!’’ The project that was delivered to the students by Rolls-Royce was a review and comparison of the Rolls-Royce strategic account management methodology and digital tools against best practice. The students were further challenged to help Rolls-Royce solve how can they amplify the voice of the customer within the organisation and energise their NPS and customer reputational surveys. “It was a delight to work with the Imperial College MBA team who provided a refreshing and new filter to some of the issues we have been tackling.” said Omar Ali Adib, Vice President Customers - Middle East at Rolls-Royce. Jake Cohen is Director at Omnia Discovery. Vol. 25 | Issue 1 | May 2022

INSIGHT The New Labour Law: Are you aware of these 5 changes? The New Labour Law (Federal Law No. 33 of 2021) came into effect on 2 February 2022 and replaced the previous labour law in its entirety. Meanwhile, the long-awaited Implementing Regulations (Cabinet Decision No. 1 of 2022), which are an integral part of the New Labour Law, have now been released. As UAE employers seek to implement the New Labour Law and its Implementing Regulations, we explore five of the key changes. By Samantha Ellaby 2. Enhancement of leave entitlements 1. Employment contracts There have been a number of enhancements One of the most significant developments is the abolition of unlimited term contracts. Under the New to leave provisions which will be welcomed Labour Law, all employees must be engaged on a fixed term basis with a maximum term of three by employees. For example, maternity leave years. This applies with immediate effect from 2 February 2022, although there is a grace period has been enhanced to 60 calendar days, (until 2 February 2023) to convert existing employees onto the new contracts. There are a number of 45 of which is at full pay and 15 of which is issues for employers to consider when implementing this change including: at half pay. This now applies from day one • How will the change be implemented? Through an amendment to existing terms or the issuance of of employment. Additionally, a number of new statutory leaves have been introduced a new employment contract? There are pros and cons to both approaches which will need to be including bereavement leave and study considered. leave. • When will the change be implemented? For many, aligning the change with visa renewal will be the most practical approach. • How will the change be communicated? This will depend on a number of factors including the size and nature of the organisation. The New UAE Federal Data Protection Law. By Andrew Garbett • it is necessary to protect the interests of the will draft and implement policies, strategies and data subject legislation relevant to data protection and monitor The UAE now has its first federal data protection compliance and will be the body to which data law, Decree-Law No. 45 of 2021 (“DPL”). The • it is necessary to comply with the law, for legal breaches must be reported. Implementing Regulations of the DPL will provide proceedings or protect the public interest or more detail when they are issued, and businesses public health Notification of Breaches and other entities which are subject to the new law must comply with its requirements six months after (There is no “legitimate interest” basis for The breach notification provisions are stricter than those regulations are issued. In the meantime, processing under UAE law as there is under the many international laws, with businesses required here is a high-level summary of the main points. EU GDPR.) to notify “as soon as they become aware” of them rather than within a specified period. Who Does The Law Apply To? This means that data subject consent will become crucial to much, if not most, processing Conclusion The DPL applies to the processing of personal of personal data. Businesses should start planning data by businesses and other entities in the UAE. their implementation of appropriately scoped data Many of these provisions are similar to aspects It also applies to entities outside the UAE, if the consents. of the EU GDPR. However, there are significant data subjects (the individuals whose personal differences, and organisations which will be data is being processed) are in the UAE. Transferring Personal Data Outside subject to the DPL should ensure that they “Processing” means anything done with personal UAE implement procedures for processing personal data by electronic means, including collection, data which comply with the law and the additional storage, use and deletion. Transfers of personal data outside the UAE are requirements which will be set out in the permitted to countries which have appropriate Implementing Regulations. The Implementing The DPL does not apply to data processing protection for personal data. In the absence Regulations were not issued as it was expected regulated under existing legislation (including of that protection, personal data can still be in March 2022 and it is not clear when we should health data, personal banking and credit data, transferred if certain conditions are met, such expect the issuance of the same. and DIFC and ADGM entities). Businesses that do as the recipient agreeing contractual terms that not process a large volume of personal data can require it to comply with the requirements of the Andrew Garbett is Senior Associate Company apply for an exemption from the DPL. Data Protection Law, or with the consent of the data subject. Commercial at Eversheds What Are the Main Obligations? Rectifying and Destruction of The law imposes a range of obligations on Personal Data businesses which process personal data, including: The DPL provides data subjects with the right to request the rectification of inaccurate data. • processing must be fair, transparent and lawful This must be done without undue delay. There are other obligations on businesses to delete • personal data must be sufficient for, and limited personal data in certain circumstances, such as to, the purpose for which the processing is if the data subject objects to the processing, or conducted withdraws consent, or the personal data is no longer necessary for the purpose for which it was • personal data may not be kept after the collected. purpose for which it was processed has been fulfilled, unless it is anonymized. Data Protection Officer Controllers and processors must provide A business must appoint a data protection information to the data subject before processing officer (“DPO”) if the processing is high risk, or begins, including the purposes of the processing involves detailed assessment, or high volumes, and any third parties with which their personal of sensitive personal data. The DPO need not be data is to be shared, and various categories of an employee of the business and can be based further information if requested. There are record inside or outside the UAE. The role of the DPO keeping obligations as well as the requirement to is to ensure that their business complies with the notify data breaches. Data Protection Law. Data subjects have the right to object to their The Data Protection Office data being used for direct marketing purposes. These data protection obligations will be policed Data subject’s Consent by the Data Protection Office (“Office”) that will be affiliated to the Cabinet of Ministers. The Office Processing of personal data requires either the consent of the data subject or the existence of one of several specified grounds, including: 12 CAPITAL LETTER Vol. 25 | Issue 1 | May 2022

INSIGHT 3. Policies and procedures 4. Discrimination and harassment 5. End of service gratuity Employers with 50+ employees must The New Labour Law has consolidated and Under the New Labour Law, an employee implement work regulations which include enhanced the previous anti-discrimination retains their full end of service gratuity procedures for terminating the work and harassment provisions. All forms of regardless of the circumstances of their relationship and a system for complaints and discrimination based on race, colour, exit. This includes where an employee grievances. The New Labour Law appears gender, religion, national or social origin or is terminated summarily for one of the to place significant emphasis on the work disability are prohibited as well as sexual exhaustive (primarily gross misconduct) regulations. Employers will therefore need harassment and any type of verbal, physical grounds under Article 44 of the New Labour to carefully consider the contents of their or physiological bullying. Law. work regulations. For employers with under 50 employees, work regulations are still This is a developing area in the UAE and, This is a logical development given end of advisable to guide employees and managers indeed, globally. Employers will need to service gratuity is effectively intended to be and ensure consistency. take steps to prevent such behaviours in in lieu of pension and an employee’s pension the workplace and comply with the statutory would not typically be impacted by the obligation to provide a safe and suitable manner of their exit. working environment. At the very least, employers will need to implement appropriate Further developments in this area are policies and provide training to the workforce. anticipated, particularly following the recent announcement that non-nationals working in the public sector can join a new savings pension plan. Samantha Ellaby is Legal Director at Clyde & Co LLP OSHAD Enforcement: What Does This Mean for Businesses? By Caroline Savage or high. The difference between low where the Must all companies operating in Abu requirements and reporting are minimal and high Dhabi comply with OSHAD SF? Shedding light on the OSHAD Statutory where greater requirements and more regular Framework and how businesses can reporting are imposed is another area where Some businesses are exempt from registering ensure their compliance. businesses fail to comply and can be exposed to with OSHAD, for example aviation, nuclear and large fines. oil and gas. If a business is in doubt about when Abu Dhabi Municipality is enforcing the or if they should register with OSHAD, then they Occupational Safety and Health Abu Dhabi Can existing Occupational Safety and should request advice from OSHAD (OSHAD) Statutory Framework, which most Health Management Systems (OSHMS) entities operating in Abu Dhabi must adhere to. be modified? Does a company need to develop There are 85 technical guidelines and codes and implement a health and safety of practice to understand and take action to Yes, absolutely. If a company has a competent management system even if the company implement. If entities do not adhere in a timely in house health and safety resource who was categorized by OSHAD as low risk? manner, fines of 50,000 AED for non-compliance understands the OSHAD SF requirements against can be issued. their designated risk classification level then they The elements to be contained within the system can modify their companies existing Occupational will be as mandated for low risk companies. As with many changes in regulatory frameworks, Health and Safety Management System to So, in practice, the business needs to review it is essential that you gain the best advice. Poor comply with the relevant OSHAD requirements. the applicable Elements and Codes of practice documentation and failing to implement the Alternatively, a health and safety consultancy and decide if these requirements apply to their effectively can quickly expose entities to fines or or consultant will be able to complete a short organisation. They should then develop their regulatory sanctions. gap analysis and revision project to align the system documentation taking into account the companies system for them. applicable requirements that apply to their work What is the OSHAD Statutory activities. Framework? How would you advise international companies doing business with Abu I have an existing health and safety The OSHAD SF (Occupational Safety and Health Dhabi? management system but I’m not sure if Abu Dhabi Statutory Framework) is an initiative it meets OSHAD SF requirements. What developed by Abu Dhabi Government with the aim International companies tend to often be should I do? of addressing and controlling occupational health operating to ISO or comprehensive group level and safety risk in workplace activities. HSE management systems. For them, rather than You can read through all of the OSHAD Manual, develop a system from scratch it would be far Elements, Codes of Practice, Mechanisms, What do Abu Dhabi businesses need to more likely to conduct a gap analysis; reviewing Standards and Guidelines, Technical Guidelines look out for in particular? each element of the OSHAD requirement for their and Forms and align your system yourself. Or, you risk category against their existing system - then can call an expert company like, Corporate OHS, They need to be aware that obtaining initial making adjustments to align where necessary. to review and amend your system for you. approval is only the first step. Yes, successful OSHAD approval is achieved via the development Where do you get started when Who is enforcing the OSHAD SF? of a comprehensive occupational safety and registering for OSHAD approval? health management system aligned to the risk The OSHAD SF is enforced via the relevant SRA category given. Companies need to first ensure that they visit the (Sector Regulatory Authority) responsible for the https://aladaa.oshad.ae website which will give companies activities on it’s trade licence. It is important to note though that successful much of the information that they need including system implementation is also key due to all Guidelines, Codes of Practices etc. in addition By Caroline Savage is General Manager at ongoing data collection and mandatory reporting to the required forms to fill in and submit. The Corporate OHS - Health and Safety. requirements to the SRA (Sector Regulatory starting point is completing Form A and submitting Authority), which is critical to the success of both it to OSHAD, by doing this the business usually CAPITAL LETTER 13 the framework and ongoing business operations. has 12 months to develop and submit their OSH This is the biggest area where we see businesses system to OSHAD for approval. encountering issues with the regulator, failure to implement the OSHAD system correctly. Is there a deadline for all companies to be compliant by? How does OSHAD affect different industries and/or size of companies? All businesses are expected to register with OSHAD, but there is no one set deadline, rather, Both the companies activities and it’s size are the deadline will be determined by when the factors that will play a part in determining the Form A was submitted by the business and overall risk rating given to a company by it’s what subsequent classification was defined as relevant SRA (Sector Regulatory Authority) The applicable to the business. risk rating will be one of 3 categories; low, medium Vol. 25 | Issue 1 | May 2022

INSIGHT • Obtain a valid freelance or self-employment permit from the Ministry of Human Resources and Updates to UAE Visas Emiratisation. and Requirements • Have a bachelor’s degree or a specialised By Libbie Burtinshaw • Owning or being a partner in a start-up registered diploma, as this is the minimum educational level in the UAE in the category of small and medium required. On Monday, the 18th of April 2022, the UAE cabinet enterprises (SMEs), and that generates annual announced the executive regulations regarding the revenues of no less than 1 million AED. • Have an annual income from self-employment for Federal Decree-Law on Entry and Residence of the previous two years no less than 360,000 AED, Foreigners, which is aimed at improving the country’s • Obtaining approval for a start-up idea from or have documents to prove financial solvency position as an ideal destination to visit, work, live and the Ministry of Economy, the competent local throughout your stay in the country. invest. authorities, or an official business incubator. What are the new rules for Entry These regulations provide new information on the • A founder of a previous entrepreneurial project/s Visas? types and conditions of residence and entry visas, that was sold with a total value of no less than 7 and will come into effect 90 days after the date of its million AED. The executive regulations have announced a variety publication or announcement. of entry visa types for UAE visitors, including ones Requirements for Exceptional Talents that do not require a host or sponsor for the first time What are the new benefits for family Golden visas are granted to outstanding talents in ever. Further amendments include creating more members? many fields, such as culture, art, sport and more, flexible entry requirements and visa durations that regardless of educational qualification, salary, or meet the needs of the visitors. A resident may bring their family members to stay employment status. The new requirements include: within the UAE more easily, including spouse and • A recommendation or approval from a federal or Furthermore, all entry visas are available for single children. The age of children has been raised from or multiple entry’s, renewable for similar periods of 18 years old to 25 years old, with no age limit for local government entity. time, and are valid for 60 days from the issuance unmarried daughters. For children of determination, Requirements for Scientists date. they are able to obtain a residence visa regardless The following requirements are for scientists and of their age. researchers who have: What are the new types of Entry • A recommendation from the Emirates Scientists Visas? What are the new rules for Golden Visas? Council that states you have substantial Tourist Entry Visa achievements and influence in your fields. A new 5-year multi-entry visa is introduced in addition Earlier this year, many changes were made to the • A Ph. D. or master’s degree in technology, life to the current tourist visa sponsored by the tourism eligibility criteria and requirements that individuals sciences, natural sciences, or engineering from establishment in the UAE. had to meet to obtain a golden visa. This included top worldwide universities. expanding the categories of beneficiaries to include Requirements for Outstanding Students and This new permit does not require a sponsor or host entrepreneurs, investors, outstanding students and Graduates and allows for the person to stay in the UAE for up graduates, exceptional talents, scientists, doctors, The requirements to obtain this visa include: to 90 continuous days. It can also be extended for a athletes, humanitarian pioneers, first line heroes and • High performing students from UAE secondary similar period of time, ensuring that the duration of more. schools. the total stay does not exceed 180 days in one year. • Outstanding graduates from UAE universities The new regulations now allow any Golden Visa or the top 100 universities worldwide according The requirements to obtain a tourist entry visa holder to sponsor their family members, including to criteria based on academic performance include: their spouse and children. Also, they are able to (cumulative average), the university classification, Job Exploration Entry Visa sponsor support service or domestic labourers if and year of graduation. This new visa is aimed at attracting skilled desired. professionals and young talents to explore available Introduction of new 5-year UAE job opportunities in the UAE without the need of a Other regulations include the absence of resident visas (Green Visas) host or sponsor. The following are required to obtain restrictions related to the maximum duration of a this entry visa: stay outside the UAE to keep the visa valid, as well Along with the executive regulations, new 5-year • Classified in the first, second or third skill level per as allowing family members to stay in the UAE in resident visas were announced to attract freelancers, the event the original holder dies until the end of the skilled professionals, entrepreneurs, and investors. the Ministry of Human Resources and Emiratisation permit duration. These visas have a multitude of benefits, including classification, and the new graduates of the best facilitating family members residence, and a flexible 500 universities worldwide. Have some requirements changed for grace period of up to 6 months in which an individual • Have a minimum education level of a bachelor’s Golden Visas? can stay in the UAE is their visa is cancelled or degree or its equivalent. expired. Business Entry Visa Some requirements have been amended in the This is similar to the job exploration entry visa, as announcement of executive regulations to allow for For families, a green visa holder can bring their it allows for investors or entrepreneurs to explore more individuals to be eligible for a UAE golden visa. first-degree relatives to the UAE, in which they can business opportunities in the UAE without requiring a Requirements for Professionals stay for the duration of the valid visa. sponsor or host. This category has now expanded further to attract Entry Visa for Study and Training highly skilled workers in many disciplines, including Green Visa for Investor or Partner This entry visa is aimed at individuals attending sciences and engineering, information technology, training or study courses, or participating in medicine, education, business and administration, This visa provides 5-year residency for investors internship programs. It does require a sponsor, culture and social sciences, and law. The following establishing or participating in commercial activities, which can be universities, research or educational are some amended requirements: replacing the previous visa of 2 years. The following institutions licenced in the UAE, or government or • Have a valid employment contract in the UAE. requirements include: private entities. • Classified in the first or second occupational • Approval and proof of investment from competent The requirements to obtain this visa are: • A letter from the sponsor clarifying the details of level per the Ministry of Human Resources and local authorities. the study, training or internship program, including Emiratisation classification, which aligns with If the investor or partner has more than one licence, the duration. the International Standard of Classification of the total invested capital will be calculated as a Entry Visa for a Temporary Work Mission Occupations ISCO. requirement. This visa is aimed at those who have a temporary • Have a bachelor’s degree or equivalent. work mission, such as probation testing or a project- • Have a monthly salary of at least 30,000 AED. Green Visa for Skilled Employees based assignment. They must be sponsored by their Requirements for Real Estate Investors employer. Currently, real estate investors can obtain a golden This new visa provided 5 years of residency for Other requirements include: visa when purchasing a property worth at least 2 skilled employees without a sponsor or employer. • A temporary work contract or letter from the million AED. However, this has since been expanded The following are the requirements for eligibility: employer stating the details of the visit purpose to include new requirements: • Have a valid employment contract in the UAE. and proof of fitness to work. • Purchase a property worth no less than 2 million • Classified in the first, second or third occupational Entry Visa to Visit Relatives or Friends AED with a loan from specific local banks. This visa does not have new amendments as • Buy one or more off-plan properties of no less level per the Ministry of Human Resources and currently, a visitor can obtain an entry permit if they than 2 million AED from approved local real estate Emiratisation classification. have a relative or friend that is a UAE citizen or companies. • Have a bachelor’s degree or equivalent. resident, without the need of a sponsor or host. • Requirements for Entrepreneurs • Have a monthly salary of no less than 15,000 AED. • The executive regulations have set new Libbie Burtinshaw is Head of Operations at Pro requirements for entrepreneurs eligible to obtain a Green Visa for Freelancers or Self- Partner Group. golden visa. This includes: Employed Individuals Vol. 25 | Issue 1 | May 2022 This new visa provides 5 years of residency for freelancers without a sponsor or employer in the UAE. The following are the requirements for eligibility: 14 CAPITAL LETTER

INSIGHT By Stuart McCulloch Some Social issues: including human rights, labour funds focus standards, child labour, equal opportunities, food There was a time when Socially Responsible on a single supply, obesity and slavery. Investing (SRI) issues were the niche concern of sector or issue, a select group of ethical or socially responsible although most are Governance issues: relating to company investors who tended to have very strong views – broad-based – focusing management, board structure, executive but times have changed. on a range of longer-term remuneration, bonuses, avoidance of bribery and challenges and opportunities that face corruption. A number of factors have changed the businesses. Some invest in a narrow range of landscape of SRI. Growing awareness of industries; others invest widely in companies that Values-based and ethical concerns: including environmental issues, such as climate change achieve certain standards. Themed funds such tobacco, armaments, pornography, alcohol, and an increasing understanding of social issues as Environmental funds and Sustainability funds irresponsible marketing and animal welfare. and human rights have each played their part. generally have positive approaches of this kind. As a result, people are increasingly interested We class a portfolio including these types of The way in which issues and approaches are in reflecting their opinions and lifestyle choices funds or investments as “Green”. combined varies greatly, and there are now a through the way they invest. wide range of options available. The issues that Impact investment strategies: Impact investing are important do vary and change over time. The Socially Responsible Investment market aims to generate specific beneficial social or For example, e-cigarettes, fracking and Arctic itself has also changed significantly over recent environmental effects in addition to financial drilling are emerging issues that are now being years. Environmental, social and governance gains. The point of impact investing is to use considered by some managers. factors are now part of mainstream investment money and investment capital for positive social analysis. The widely adopted Stewardship Code results. Impact fund managers aim to place Likewise, there are no hard and fast rules has meant investment managers have embraced capital in businesses, non-profits and funds in about how different funds or fund managers are a ‘responsible ownership’ agenda. This in turn sectors such as renewable energy, basic services grouped together. In fact, they can be sorted into is beginning to impact the share prices of more (including housing, healthcare, and education), a number of ‘SRI styles’ based on their approach ‘ethical’ companies, a trend which is accelerating, micro-finance and sustainable agriculture. to ethical, social and environmental issues. to the benefit of both SRI funds and investors. Impact investing happens across both What to remember when considering Types of SRI approaches geographic markets and asset classes. For SRI example, it might focus on private equity/venture There are four main approaches to socially capital, debt and fixed income in developed and It’s important to remember that SRI factors are responsible investing: emerging markets. Depending on the goals of the not the only relevant aspects to consider. Generic investors, you can target a range of returns from factors impact SRI funds as much as they do any Responsible ownership and engagement: This below-market to above-market rates. By its very other investments. So it’s important to consider sees fund managers taking greater interest in nature impact investing tends to direct capital to asset type, the market capitalisation of the stocks their responsibility as part owners of companies. smaller companies and so is typically regarded held, geographic spread and timing which can Usually, managers open up conversations as higher risk. A portfolio including these types all affect SRI portfolio returns. In addition, think with companies to explore how SRI areas are of funds or investments can be classed as “Dark carefully about your own investment aims (growth being managed, which may (in some cases) be Green”. or income), benchmarking decisions, fund followed by votes against company management manager skill and charging structures. at general meetings. The point of all this is to Typical SRI issues encourage companies to improve their practices Stuart McCulloch is Senior Executive Officer and in areas where investors believe environmental, There are a range of issues which it’s useful to Market Head of The Fry Group, Middle East. social or governance related risks and/or take into account when considering an ethically opportunities could be managed better for the sound portfolio. These include: benefit of shareholders. This type of approach usually applies to ‘mainstream’ investments Environmental issues: encompassing a that fund managers own and expect to retain. range of challenges such as climate change, Generally, this tactic isn’t enough on its own pollution, fracking, biodiversity, environmental to regard a fund as socially responsible, but management, waste and the use of natural companies held in such funds generally manage resources – including water, forestry and mining. SRI issues relatively well. CAPITAL LETTER 15 Avoidance or negative screening strategies: Avoiding companies that are involved in activities that a fund manager has defined as ‘unacceptable’ or ‘unethical’ is a major feature of ethically screened funds. Negatively screened ethical funds typically have a list of business practices that are considered to be unacceptable. The criteria which defines a fund to be negatively screened is often connected with values-based ethical issues, but may also relate to environmental, social or governance concerns. If you are looking to be socially responsible, a key problem with this approach is that the impact on investment strategy varies significantly from fund to fund. Some funds exclude companies with only minor involvement in excluded activities whereas others are less strict and balance the positive benefits of companies against their negative attributes. We tend to class a portfolio including these types of funds or investments as “Light Green”. Positive screening strategies: This approach involves investing in companies that meet a manager or fund’s ‘positive’ SRI objectives. A fund manager may set out the themes or business attributes it considers to be positive, beneficial or desirable – such as helping us to make the necessary shift towards more sustainable lifestyles – and invest accordingly. Vol. 25 | Issue 1 | May 2022

SPECIAL FEATURES 16 CAPITAL LETTER Vol. 25 | Issue 1 | May 2022

SPECIAL FEATURES Four Years on: The View from a British-Emirati Joint Venture By Tim Allen Our UAV MRO over the last few years, the cumulative effect of centre at Tawazun which have supported British businesses on the When Houbara began operations in 2018, we Industrial Park (TIP) ground. were at that time, and remain, the only UAE-UK which services our defence industry Joint Venture; a unique label Unmanned Target Defence cooperation such as the UAE and we continue to be proud of as we play our small Systems has seen the UK’s involvement in programmes such as the part in supporting UAE-UK defence industrial most development; Air Force’s Advanced Tactical Leadership cooperation. As we look back on four years in the evolving from a Course, cooperation with multiple Front-Line UAE, such a short period of time has seen much four-man tent (with no Commands and further increasing joint exercises change not only within the company, but also the air conditioning) to a and exchange opportunities, continually sets industry in which we operate. first-rate engineering a tone of collaboration and partnership which support facility. The underpins industrial collaboration. This approach New Markets facility is core to our was re-affirmed during His Highness Sheikh In-Country-Value Mohamed bin Zayed Al Nahyan’s visit to the UK Houbara’s incorporation came at a time of plan to localise the in September 2021, on the occasion of another international expansion for our UK parent IP and production of strong UAE-UK tradition, as he watched his company, QinetiQ. The ambition to establish QinetiQ’s range of son pass out of training from the Royal Military a new ‘home market’ in the UAE was aimed unmanned target systems in the UAE, developing Academy, Sandhurst. During the visit, both at investing in the rapidly developing defence and sustaining the next generation of unmanned the UAE and UK agreed to enhance defence sector to service the growing need for ‘threat systems engineers in addition to our current industrial collaboration amongst many other representation’ services and promoting the use of team, who in early 2022, passed the significant sectors which led to a ‘call to UK industry’ and a British Engineering and world-renowned products milestone of launching our 400th UAV flight. concerted effort to engage UK Defence primes like the BANSHEE Unmanned Aerial Target Unfortunately, we still don’t have a dog. via the UK Defence and Security Exports (UKDSE) system - increasing the realism of and promoting to support collaborative development of key UAE interoperability of Emirati-British air defence Industry Changes technologies such as artificial intelligence and training. Secondly, it was to help remove market autonomous systems. Many of these projects access barriers and localise other British science The last four years have seen sizable changes to will take several years to mature but reinforce and engineering expertise in the UAE to support the UAE’s Defence sector, with consolidation of the enduring defence relationship the UK has a host of advanced initiatives including test and industry around technology priorities, the rise of with the UAE – moving beyond the transactional evaluation to research and development activities. UAE defence champions EDGE Group, a revamp to genuine collaborative partnerships, via of procurement practices and offset obligations companies such as Houbara, for vesting IP and Start Up under the responsibility of Tawazun Economic long-term expertise in the UAE. Council, as well as multiple new research and UAE Commercial laws in 2018 required a majority development bodies supporting the sector in line Our own longstanding involvement with the Emirati partner and fully ‘landed’ companies in with the UAE Governments vision for the next British Business Group (as was), and the now the defence sphere were by exception. A strong fifty years. Our own approach to market has British Chamber of Commerce Abu Dhabi, has local partner was fortunately found in Middle East had to evolve with these changes, maintaining certainly helped shape our involvement in the General Enterprises, our majority Emirati parent our core products and service offering but also bilateral relationship with our CEO, Tim Allen, company who wished to expand their already delivering on our founding mission of establishing also leading the BCC’s Defence & Security Focus diverse portfolio into the defence sector. MGE’s collaborative relationships with industry and Group. market access and knowledge would help pave front-line commands to promote UK expertise the way for developing QinetiQ’s core offerings in in answering some of the UAE’s most pressing The Future country, so naturally all stakeholders gravitated scientific and engineering challenges. toward a joint venture model, with joint Emirati So, what’s next for this UAE-UK joint venture? Our and British Investment and steered by an equally UAE-UK Defence Relationship industry is particularly influenced by the shifting representative Board of Directors. geo-political environment and the needs thereof. An open approach to industrial collaboration Regardless of whether we’re supporting realistic As is the story with many start-ups, the is often a firm foundation upon which to further air defence training, to help the UAE defeat the formation of Houbara was a case of two men defence relationships, and happily numerous threat of hostile UAV’s launched from Yemen, (and unfortunately no Dog). Four years on, the G2G agreements exist between the UK and or positioning British engineering and scientific two men are now joined by a diverse workforce UAE as testament to this. Whilst the UK and UAE expertise to co-develop advanced products of thirty engineers, technicians, and other have historically shared a close relationship, and services, companies such as Houbara are professionals, hailing from ten different countries perceptible changes for the better have been felt a measure of the value the UAE and UK attach and based at two sites in Abu Dhabi - working to to industrial collaboration which, in everyone’s support multiple customer bases across defence earnest hopes, will continue to grow. and industry. Tim Allen is CEO of Houbara Defence & Security | Vol. 25 | Issue 1 | May 2022 A QinetiQ and MGE Joint Venture. CAPITAL LETTER 17

SPECIAL FEATURES A Heartfelt Farewell The Club’s Longest Serving General Manager, Mike Mcgrath After 28 years with The Club, Mike McGrath is hanging up his sun-hat I have always tried to run The Club on the and returning home to Scotland. He fondly recounts his journey. . . principle of under-promising while striving to over-deliver. Overall, I think it has worked and 31st October 1986: “I was teaching physical also advised me not to wear my green shoes! stood me and The Club in good order. Part of The education in a damp and dark Glasgow, Club’s success is due to our predisposition to Scotland. 1st July 1989: I join Hilton Hotels in Al Ain take a medium to long term view, remaining true as Recreation Manager and go on to take on, to our roots and making the right decisions at the 1st November1986: I boarded a flight to among other roles, Food & Beverage Manager right times. take up a teaching post in Al Ain. Elaine had left and Operations Manager. Glasgow for the same school a month before It has been an honour and a privilege to have me. The road trip from Dubai airport to Al Ain 9th April 1994: I had just left the corporate been an active player in The Club’s evolution took four hours along a road that meandered environment of Hilton hotels to take up the over the last quarter of a century and, while not through the dunes and was used by as many post of Deputy GM (Operations) here at The being particularly demonstrative about it, I’m camels as cars. Although, that changed when Club. It was an unorthodox move and many extremely proud of what we have achieved. I camel underpasses were built. I later found people wondered what on earth I was thinking. believe we have punched above our weight, out that the school needed Elaine much more Nonetheless when I got a call from Mark Pawley, exceeded the expectations of a great many than they needed me and because of this, the then GM, I was immediately interested. I members and put The Club on the international they expedited her visa while mine was left to was never completely comfortable in the highly map of private members clubs. traverse its way across the desks of numerous commercial sector of hospitality and felt The government officials: It was Al Ain 1986, Club offered me the opportunity to stay in the Now, as I hand over the keys to Kyle Wykes, everything was done manually and slowly industry but without being required to put profit with whom I have worked with the last five and involved umpteen passport photographs, before guest/member satisfaction. Due to my years, I know The Club will be in very good reams of paper and dozens of paper staples. membership in 1988 The Club wasn’t unknown to hands and that its place within the wider Abu me and it felt like a good fit. In August that year, Dhabi community will continue to be valued and While the official weekend fell on a Friday Elaine joined the teaching staff at Al Khubairat respected. I wish Ali Kaddas every continued school finished early on Thursday afternoons. Community School (now BSAK) and went on success in his role as our first Emirati Chairman. Once a month we, along with various other to enjoy many great years there and forge Ali is a wonderful global citizen and an excellent expat teachers would make the trip to Abu friendships that continue to this day. ambassador for the UAE: I am sure his passion Dhabi to stock up on some beverages, fresh for and commitment to The Club, along with milk and fresh bread. We would typically leave Mark and I went on to make a good team, and his natural tendency to embrace people from the school campus around 9 AM and get into when, in late 1997 he moved to Hong Kong to all walks of life will contribute to the ongoing the capital after 11:30 AM – all in all, a five-hour become GM at HK Football Club I was appointed success of this wonderful establishment.” drive that featured 194 speed bumps to and GM here. from the off sales! In 1999 the UAE weekend was extended to 20th August 1988: Elaine and I relocate include Thursday and then on 1st September to Abu Dhabi to take up new teaching posts 2006 it changed to a Friday and Saturday. and we meet lifelong friends Peter and Pat McManus. Pete was my new boss as well There have been too many people who as being the Sports Member on The Club have supported me over the last twenty- committee. eight years to list here but it’s true to say that almost all have had a certain pioneering 21st August 1988: We apply to join The British spirit reminiscent of those few Club. Our application was followed by a colourful characters who started The Club semi-formal cocktail reception held in what in 1962. was the Sailing Club Bar and is now The Vista restaurant. Pete had told us to be on our best 1st January 2022: behaviour and be sure to introduce ourselves to The weekend changes to as many Committee members as possible. He Friday afternoon, Saturday and Sunday. Some of the stand-out moments of my working life in Abu Dhabi have included: • Being made an honorary member of Operation Desert Storm in 1991 while working for Hilton International and working alongside the American air force. • The Club being voted the Best British Social Club Overseas in 2012 by The Telegraph newspaper. • The Club working alongside the British Embassy in catering for no fewer than 12 Birthday Parties of H.M. Queen Elizabeth II. • The Club raising over one million dirhams for Médecins Sans Frontières, the international humanitarian medical non-governmental organisation, through various 24-hour non-stop charity challenges. • Witnessing first-hand the unparalleled support we, as an organisation received from our Members during the pandemic: our sense of community has never been stronger. • Seeing The Club awarded Platinum Club status as one of the Top 100 City Clubs in the World (2022-23). * And so, after a very lengthy shift, Elaine and I, along with our son Ross now look forward to being closer to family, particularly our daughter Kristin who moved home in 2018 and to soaking up the delights that Scotland has to offer (rain, wind, sleet and dark nights permitting!). 1st July 2022: I’ll be boarding a flight to resettle in St Andrews, Scotland where I intend, among other things to work seriously on my golf handicap and pay the occasional visit to a damp and dark but vibrant and reinvigorated Glasgow. 18 CAPITAL LETTER Vol. 25 | Issue 1 | May 2022

SPECIAL FEATURES Wearable Technology Service by Shell By Haytham Yehia development of sustainable to be Carbon Neutral, because they are solutions without affecting business the most efficient to deliver fuel and energy What is the LubeAdvisor using productivity. It is increasingly becoming efficiencies to any car or machinery. Our aim Wearable Technology Service, and a necessity for corporations as the world is to encourage customers and consumers to the technology used to offer this transitions to a low carbon future and select lubricants that reduce emissions in their service? it is crucial for organizations to address everyday daily life and that can help them to the gap between knowing and doing by decarbonize their businesses. For example, Shell LubeAdvisor using Wearable Technology embracing sustainable business models. the CO2e avoided by fuel savings from top tier is specifically designed to ensure that our fuel economy lubricant compared to a lower customers are able to identify and use the right We are focusing our efforts to become a tier lubricant helps to reduce fuel emissions of Shell oil, so in essence, we help them optimize net-zero emissions energy business, which a car in use and potentially outweigh part of a their lubricants operations and applications. means that we are reducing emissions from lubricant’s carbon footprint. We help them improve the lubrication and our operations, and from the fuels and other maintenance cycles of their equipment energy products we sell to our customers. We hope that our customers will join us and vehicles, which can ultimately lead to It also means capturing and storing any on this journey, and if it receives a positive significant benefits, including reduced fleet remaining emissions using technology or response, we plan to expand Carbon Neutral maintenance and operational costs. balancing them with offsets. to other product tiers and brands. We have recently rolled out this service to The region has set up ambitious Haytham Yehia is General Manager of Shell our customer base in the Middle East, and it net-zero targets for itself. How is Middle East is now available in the UAE, Oman, Kuwait, Shell’s strategy in line with these and Qatar. We now deliver our LubeAdvisor targets, with regard to operations, using Wearable Technology service via a products, etc.? wearable gadget which allows our experts to do the consultation without the need of a To achieve Net Zero, Shell will continue with physical site visit. Once our local technical short-term targets that will drive down carbon team are contacted, the Shell LubeAdvisor emissions as we make progress towards our using Wearable Technology device is sent to 2050 target. This includes a new set of targets our customers via courier, enabling real-time to reduce our net carbon intensity to reach monitoring of field technicians to ensure their zero by 2050. safety and providing them with audio-visual assistance to perform maintenance services. We look at offering sustainable lubricants on the basis of our total portfolio, not product- The setup is easy, and the device is worn by by-product. There are many ways how Shell users, and they can then automatically conduct Lubricants avoided and reduced CO2 during a virtual consultation directly with one of our manufacturing and transportation of its technical experts. products, for example over 50% of energy in Shell Lubricant blending plants now comes Will sustainability mean a from renewable sources. In total, we have compromise for business? taken out over 34,000 tons CO2 emissions How can you balance between from our own operations, reducing our sustainability and business needs? manufacturing carbon intensity by over 30% since 2016. Sustainability and business productivity does not mean compromise in business operations, We have selected our premium lubricants but in fact, go-in-hand through continuous Vol. 25 | Issue 1 | May 2022 CAPITAL LETTER 19

SPECIAL FEATURES The Transformational Potential of ESG in the Region By Dr. Yahya Anouti In a rapidly changing region, Environmental adoption of ESG. efforts. They also stressed the importance of Social and Governance (ESG) principles having standard metrics available to assess have the potential to create world-leading The report details three critical areas that their ESG performance and gain insight into competitive advantage and sustainable need to be addressed to unlock the potential the return on their investments. growth. To explore the opportunities and of ESG in the region: strategic ESG alignment, barriers to implementation of ESG, PwC readiness to change and adapt, and the need Dr. Yahya Anouti is Partner & ESG Leader, Middle East launched a first-of-its-kind for greater government direction and more Strategy & Middle East, PwC Middle East. holistic assessment and surveyed top extensive collaboration with the private sector. executives with ESG responsibilities in the PwC Middle East is a Corporate Member and region. The findings reveal significant alignment Foundation Partner of BCC AD. between national and corporate priorities, PwC Middle East’s report titled but also some gaps (particularly in the area ‘Reimagining our region through ESG’ of water security and biodiversity), and explores the maturity of ESG in the Middle indicate there is still a lack of maturity in the East using insights drawn from a survey adoption of ESG strategies in the private of top executives with ESG responsibilities sector. One evidence of this is that only 18% operating in the region. Driven by the of respondents have systems and capabilities conviction that Environmental, Social and in place to cover the full suite of ESG activities. Governance (ESG) principles are essential This suggests that many companies in the to the continued development of the Middle region are at the beginning of their ESG East and have the potential to provide journey. world-leading competitive advantage, the report provides insight into the current Executives who responded expressed their desire to have clear policies and direction from the public sector to assist their ESG adoption Is It Coming Home this Year? By Scott Walker Match Hospitality Packages, who said: Visit www.FIFA.com/hospitality / www.ExpatSportFIFAWorldCupHospitality.com It’s now just six months until the FIFA ’I believe this year is England’s best for more information. World Cup™️kicks off in Doha and it’s chance of winning for several reasons. going to be a tournament of firsts! The It’s the beginning of our football season Scott Walker is Abu Dhabi Sales Manager at Expat first time the FIFA World Cup™️will be rather than the end, so our players will Sport played in the Middle East, the first time the be fresher plus the climate in this region FIFA World Cup™️will take place outside in November really suits them. We also of the Northern Hemisphere’s summer have some brilliant young players, such months and the first-time multiple matches as Kane, Sterling and Foden, who have can be comfortably attended in a single gained valuable experience either at the day. One country not wanting to follow semi-finals in Russia, or more recently, this trend though is England which is playing for the top English clubs in the hoping that it will be ‘second’ time lucky Champions League. These guys are for them. So, what are England’s chance arguably at the top of their game now so of success in this year’s tournament? should make for some great football in Doha’ We asked Alan Holt, Managing Director of Expat Sport, the exclusive agent for The FIFA World Cup 2022™ takes place the UAE for the FIFA World Cup™ Official in Qatar from 21st November to 18th December. 20 CAPITAL LETTER Vol. 25 | Issue 1 | May 2022

SPECIAL FEATURES Rolls-Royce and Etihad Tony Douglas said: “Our agreement builds on the Airways Commit to long history with Rolls-Royce and formalises our Shared Vision on cooperation for decarbonisation, as we research, Sustainable Aviation develop and test sustainable solutions to move the industry forward toward net-zero. There is no quick fix to overcome the challenge of aviation sustainability, it is going to take a united effort if we are to reach our shared goals of drastically reducing the carbon emissions of air travel.” Rolls-Royce and Etihad Airways emissions by 2050, it will join the airline’s Chris Cholerton said: “Our agreed to formalise their common industry-leading sustainability drive as part of a interest in decarbonising air travel programme aimed at decarbonising aviation. commitment to net zero emissions by signing a comprehensive agreement facilitating the As part of Etihad and Rolls-Royce’s shared by 2050 can only be achieved by development of sustainable commitment to sustainability, the Sustainable50 aviation as part of Etihad’s broader programme will see Etihad’s A350s used as working collaboratively with our strategic sustainability programme. flying testbeds for new initiatives, procedures and technologies to reduce carbon emissions. valued customers and stakeholders. Extending from Rolls-Royce’s Pathway to Net Zero strategy Rolls-Royce XWB-97, the Our long-standing relationship with and related announcements at world’s most efficient large COP26, Rolls-Royce believes that aero-engine Etihad Airways provides an excellent its innovations in electrification and use of sustainable aviation Further proof of Rolls-Royce’s commitment to foundation to build innovative fuels (SAF) hold the keys to sustainable aviation can be seen with the latest unlock the door of opportunity on generation of Trent engine, the XWB-97 which solutions that can meet the needs of decarbonisation. powers the Airbus A350-1000 aircraft used by airlines such as Etihad and Qantas. new trends in aviation as we embark The focus of the agreement between Rolls-Royce and Etihad Airways The Trent XWB-97 is the world’s most efficient on the same journey towards an targets the application of electrification large aero engine in service today, delivering a technologies and hybrid systems, together 15 per cent fuel consumption advantage over increasingly sustainable industry.” with the use of electric motors for commuter the first Trent engine, enabling airlines to fly aircraft and the fast-emerging urban air mobility further on less fuel. Aviation Fuels (SAFs) as they become more (UAMs) sector. Rolls-Royce and Etihad will available to airlines in the future – this is in work alongside partners including Airbus to It is also ready to operate on Sustainable line with our commitment to proving all Trent test and apply new technology solutions and engines are compatible with 100% SAF by developments in sustainability to Etihad’s 2023. In addition, through industry leading incoming fleet of A350-1000, spearheaded by engine efficiency the Trent XWB has contributed the Sustainability50 flagship aircraft. to avoiding more than 10 million tonnes of CO2 since it launched in 2015. The agreement was signed by Chris Cholerton, President of Rolls-Royce Civil As well as offering improved efficiency, the Aerospace and Tony Douglas, Group Chief Trent XWB delivers a step change in out-of- Executive Officer of Etihad Aviation Group. the-box maturity and reliability for the industry, consistently achieving better than 99.9% Sustainable50 dispatch reliability. On 31 March, Etihad unveiled the Following its entry into service in 2015, the Sustainable50, its new Airbus A350-1000, as Trent XWB, which exclusively powers the Airbus the first A350 to be operated by a UAE airline. A350, quickly became the fastest selling large Carrying a unique livery in recognition of the engine of all time. It has now achieved more 50th anniversary of the federation of the UAE than eight million engine flying hours in service and Etihad’s commitment to net-zero carbon with more than 30 operators, demonstrating its versatility and capability by flying a range of different routes, from short-range segments to ultra-long-range flights of around 18 hours. Rolls-Royce is a Corporate Member and Annual Partner of BCC AD. Vol. 25 | Issue 1 | May 2022 CAPITAL LETTER 21

SPECIAL FEATURES Reimagining World Trade Global maritime trade has been through a At the heart of its offering are diversified Group for Multipurpose Terminals for the joint turbulent period of late, with the United Nations clusters. Recognising the complexity of global development and operation of Ain Sokhna Port Conference on Trade and Development trade today, AD Ports Group has established a and separate agreements with the Red Sea (UNCTAD) estimating that international volumes broad portfolio of businesses which enables it to Ports Authority for major port projects along fell by 4.1 percent in 2020 due to the impact of approach trade and logistics from every angle, Egypt’s coastline. COVID-19 on ports and shipping operations. working across five integrated business clusters Even as that challenge has receded, supply of Digital, Economic Cities & Free Zones, The Economic Cities and Free Zones cluster chain bottlenecks continue to cause issues for Logistics, Maritime and Ports – to enable growth has also been busy, recently announcing British companies looking to ship goods around and progress for all. the development of one of the region’s the world. largest food trading and logistics centres to This ability to deliver despite economic support food security in the UAE, as well as Fortunately, one organisation in Abu Dhabi has turbulence is one of the strengths of this an auto hub for the export of new and used responded positively to the recent instability, business-cluster ecosystem, which multiplies passenger vehicles, commercial vehicles, encouraging new thinking, and planning for a opportunity and diffuses risk across the Group, spare parts, heavy equipment, and machinery more sustainable future. Established in 2006, insulating AD Ports Group from isolated to different destinations around the world. Both AD Ports Group today serves as the region’s pressures in one or more businesses. developments will be based in KIZAD, AD Ports premier facilitator of logistics, industry, and Group’s port-integrated industrial zone, and trade, and has emerged as a key driving force The ecosystem is based on landmark have launched in partnership with the UAE’s in the diversification of the UAE’s economy. partnerships with key clients, which enables Ghassan Aboud Group. AD Ports Group, often as a co-investor and Captain Mohamed Juma Al Shamisi, business partner, to grow relationships over time In response to the COVID-19 crisis, AD Ports Managing Director and Group CEO, AD Ports and become a multifaceted trade enabler that Group commissioned 19,000 m2 of cold storage Group, explains: “We are well-positioned makes and profits from long-term commitments. warehouse space, capable of storing more than for sustained growth as the world economy 120 million COVID-19 vaccines for the UAE- recovers from the impact of the global For example, in 2021, AD Ports Group signed based HOPE Consortium. In 2022, the Group is pandemic and as we take an active role in a 35-year concession agreement with CMA expanding its cold storage infrastructure more helping to resolve global supply chain issues. CGM, which joined MSC and COSCO – three of than four-fold as it anticipates further growth. Our commitment to contribute to Abu Dhabi’s the world’s top four mainline shipping lines – in and the UAE’s economic development is having a hub in Abu Dhabi. As it looks to the future, AD Ports Group is stronger than ever.” committed to reimagining world trade as it The Group has also expanded into Jordan, leverages its unique business ecosystem to AD Ports Group plays a major economic signing agreements with Aqaba Development deliver real benefits for partners and customers role within the UAE. The Group generates 21 Corporation to develop tourism, logistics, from around the world. percent of all non-oil related GDP in Abu Dhabi, transport and digital infrastructure, as well as according to Oxford Economics, and supports Egypt, with a series of agreements with maritime AD Ports Group is a Corporate Member and more than 212,000 jobs. organisations including one with the Egyptian Foundation Partner of BCC AD. 22 CAPITAL LETTER Vol. 25 | Issue 1 | May 2022

EXPLORE SPECIAL FEATURES OandUsRo mSuHchOmRoreE!S Sign up to The Club’s monthly membership taster this July and August to experience our facilities and unique lifestyle. AED 625 per adult* | AED 205 per Junior (4-17)* | AED 75 per Junior (0-3)* All fees are subject to 5% VAT | * Per month the-club.com | @theclubabudhabi | TheClubAbuDhabi | 02 673 1111 | [email protected] All applicants must be sponsored by a current Full Member. Trial membership applications are subject to review and approval. Standard Club Membership allocation process applies. Membership is not guaranteed. This is a one off, one time only Membership. Limited memberships available each month. Blackout periods may apply. Memberships are non-refundable and non-transferable. Available only to residents of Abu Dhabi. Vol. 25 | Issue 1 | May 2022 CAPITAL LETTER 23

NNEEWWSS, E, EVEVNENTSTS&&UUPPDDATAETSES Joint BCC AD & AmCham Abu Dhabi UMEX-22 Kick-Off Breakfast By Harry Rose providing regional security to maritime traffic. integrated situational awareness on operations. Recognising the fact that coalition forces Many of you will be familiar with Abu Dhabi’s today must face the proliferation of unmanned Andrew Burnett, QinetiQ’s Maritime Autonomy Unmanned Systems Exhibition Conference technologies which are being readily accessed lead discussed the UK Royal Navy’s ambition (UMEX), and perhaps even attended the and adapted by potential adversaries - both to develop an unmanned Naval Strike Network, latest iteration held at the ADNEC Arena in conventionally and asymmetrically - and how incorporating a mix of unmanned vehicles into February 2022. In the run up to the exhibition, being confident of retaining a technological its existing fleet. Proposing that naval power a unique opportunity was found to gather local advantage in future conflicts, will not always be is no longer a question of mass in terms of industry and armed forces personnel under the case. ships and submarines, but how well manned- the organisation of the respective British and unmanned teaming is able to deliver operational American Chambers of Commerce in Abu IMX-22 considered many of these threats outputs to a ‘balanced fleet’, enhancing Dhabi, for a Breakfast Briefing event. and brought together industry and military lethality, logistical reach and shared situational participants from around the Gulf to focus on awareness. Focusing on furthering discussion around the challenges of integrating and operating the integration and operation of unmanned maritime unmanned systems in a coalition QinetiQ have been supporting the UK Royal systems in the maritime domain, the event environment and maintaining the free flow of Navy develop build trust in their current included presentations from the US Navy Fifth maritime commerce and maritime security in and future autonomous systems through Fleet, QinetiQ and L3 Harris with a large turnout light of them. operational experimentation and pioneering new from both BCC AD and AmCham Abu Dhabi’s procurement practices to shorten traditional respective defence communities. The Admiral’s comments were supported systems development timeframes via agile with presentations given by both QinetiQ and ‘spiral development’, allowing experiments to Vice Admiral Bradley Cooper, Commander L3 Harris concerning their work with maritime ‘fail-faster’, learning from the experience and US Navy Fifth Fleet, opened the event with systems experimentation programmes such ultimately delivering credible capability into the a thought-provoking address detailing his as the UK Royal Navy’s NAVY-X and the Royal hands of war fighters faster. impressions of IMX-22, a multinational maritime Marine’s Future Commando Force - both exercise which at the time was ongoing in aimed at delivering remote and autonomous Sharing vast quantities of data between Bahrain, as well as how industry can support capabilities to enhance logistical reach and unmanned assets requires a robust and the development of unmanned systems and flexible ‘information backbone’ to be used artificial intelligence to enhance his remit of A UUBC Update By Bradley Jones existing oil and gas assets in order to reduce decarbonisation of the built environment, the their carbon impact, and the role that carbon potential for new aviation fuels to transform The UAE-UK Business Council has hosted capture and storage might play in this; the the aerospace sector, and the role that new a large number of events in both countries importance of reskilling workers in the energy technologies such as digital twinning can play in recent months. These have included a sector to prepare them for the seismic shifts in the reducing the environmental impact of Forum on AI and Data at the Innovation Hub in that will take place over the coming decades manufacturing. DIFC, a roundtable on Sustainability in Higher as new sources of energy become increasingly Education, a session on trade agreements dominant; and the challenges of financing the In September we will be holding our Annual at the Annual Investment Meeting in Dubai, energy transition. Plenary Meeting in London, to coincide with and a meeting on the principles and practice the anniversary of the signing of the UK- of impact investment. This demonstrates the The Summit will feature panel discussions UAE Partnerships for The Future Agreement. increasing diversity of the topics that we cover. and speeches from a diverse range of business Collaboration in tackling climate change was However, there are some recurring themes leaders and academics, and a summary will an important feature of this Agreement, and the that underpin almost all of the campaigns appear shortly afterwards on our website UAE-UK Business Council will aim to identify and events that we choose to prioritise – the (www.uaeukbc.org). This is the first of a series new opportunities for companies in both importance of skills and innovative new of events we will be hosting on the theme of markets to work together in delivering on this technologies in order to drive forward economic decarbonisation between now and CoP28, priority. transformation in both countries; the need for which is being hosted by the UAE towards decarbonisation to be a central pillar of that the end of 2023. We will also be looking at Bradley Jones is Executive Director at UAE-UK transformation; and the benefits of removing Business Council. the regulatory barriers hindering the growth of commercial collaboration. Vol. 25 | Issue 1 | May 2022 Our flagship event for 2022 will be the Energy Transition Summit in Aberdeen on 13 June. We have chosen this date and location to align it with the Energy Exports Conference hosted by the Energy Industries Council on 14-15 June, also in Aberdeen, so that participants from the UAE and the UK may take part in both events over the course of three days. The Energy Transition Summit has its origins in the conversations we have had with some of our member companies over recent months. We asked them what the short-term priorities were for the energy sector that needed addressing in order to sustain progress towards the UK and the UAE’s 2050 Net Zero targets. In addition, we asked which areas presented the best opportunity for collaboration between the UK and the UAE in the energy transition sector over the next five to ten years. Three themes cropped up repeatedly – the need to retrofit 24 CAPITAL LETTER

NEWS, EVENTS & UPDATES for the collection and distribution of data to systems and their sub-systems interconnected representatives from across BCC AD and often dispersed and independent unmanned via real time and common data links to better AmCham Abu Dhabi, which filled the venue at systems. This need will only increase as UAV manage the dispersion and flow of information. the Aloft Hotel and provided much to discuss technology evolves and requires greater This network utilises integrated ground, air over the post briefing coffee and breakfast. connectivity to share information across the and space ‘nodes’ to relay information with Our sincere thanks go to QinetiQ, L3 Harris battle-space with an ever strained bandwidth greater capacity and incorporates many and the US Navy for providing a very apt and capacity. communications sub-systems such as Tactical successful start to UMEX-22. Intranets, Mesh Radio Networks, Broadband L3 Harris’ Regional Systems Engineer, Gerry Networks and Satellite Communications. Without Houbara and L3 Harris are Corporate Members of Kawamura, used this scenario to describe work such as this, the operations of many of BCC AD. the work of L3 Harris in helping the US Navy the UxS systems we see today would not be migrate their Unmanned Systems towards possible. Harry Rose is Regional Business Development net centric communications, enhancing Manager Houbara Defence & Security | A QinetiQ communication and information sharing with In all, the event was attended by over 60 and MGE Joint Venture. Non-GCC DIT Market Leads collaborate with BCC AD By Mike Nithavrianakis – and its growth trajectory members interested in exploring things in more as the world’s fifth most detail. One of the great advantages of doing business populous country, make it Mike Nithavrianakis is Deputy HMTC & Trade in the United Arab Emirates is the opportunity an increasingly important Director Pakistan. for UK companies to explore opportunities in market for UK exporters. The the wider region. The UK’s Department for UK-Pakistan Trade Dialogue International Trade (DIT) has a keen interest aims to double bilateral trade in working with trade associations, business in three years. Opportunities groups and other multipliers to help spread the for UK companies in non- message about where opportunities lie and humanitarian sectors in Iran how DIT teams across the UK Government’s could rise significantly if there extensive network of Embassies, High is US sanctions relief. Iraq’s Commissions and Consulates can assist. DIT strategic objective to diversify was therefore delighted to be able to partner its energy resources will with the British Chamber of Commerce Abu present opportunities in the Dhabi to highlight the relevance of Non-Gulf renewables and efficiencies markets in the region to BCC AD’s membership space. The recent bilateral at a business breakfast on 22 March. agreements with Jordan and Lebanon have put strong DIT’s Middle East, Afghanistan & Pakistan foundations in place for (MEAP) region comprises 12 countries and long-standing market access while there are of course differences between barriers to be addressed. The the six GCC nations, there is often a lot of wider prosperity partnership sense in grouping them together, e.g. when with Jordan will generate looking at high ambition for a UK-GCC Free additional business and Trade Agreement (FTA). The other six are even with Lebanon in deep Jordan, Lebanon, Iran, Iraq, Afghanistan & crisis, there are opportunities. Pakistan. And while there is less commonality Although Afghanistan will for and synergy across such a diverse and the foreseeable future have to geographically spread group of countries, be considered a market where the one thing they do represent is big, fresh we take a strictly reactive opportunity as well as young demographics. approach on an ad hoc basis, As Simon Penney, Her Majesty’s Trade opportunities will emerge in Commissioner was keen to point out in his the medium to long term. The introductory speech, the non-GCC region frontier nature of this region comprises a total GDP exceeding US $1 trillion requires risk appetite, but it and a population of 425 million. merits increased attention and progress with the GCC on a FTA will result in opportunities for the The Country Directors from five of the six UK further afield in MEAP. non-GCC markets delivered remarks and made clear that their countries offer ample We look forward to hearing from any BCC AD opportunity for growth for UK plc. Pakistan’s sizeable middle class, extensive people-to- CAPITAL LETTER 25 people links – underpinned by the UK diaspora Vol. 25 | Issue 1 | May 2022

NEWS, EVENTS & UPDATES BBG Abu Dhabi Festive Gala Ball 2021 In December 2021, we celebrated 50 years of the UAE and 25 years of the British Business Group Abu Dhabi, in a stunning setting at the beach at The Club, Abu Dhabi. With Covid-19 restrictions in place, we followed health and safety guidelines to hold an end of year celebration with our members and sponsors, and unveiled the new branding for British Chamber of Commerce Abu Dhabi. We had a fantastic evening to celebrate 2021 and look forward to 2022 and the future of BCC AD. 26 CAPITAL LETTER Vol. 25 | Issue 1 | May 2022

NEWS, EVENTS & UPDATES UK National Day at Expo 2020 Dubai In February, we celebrated UK National Day at Expo 2020 Dubai. BCC AD brought a delegation of members to Expo to enjoy a bespoke tour of some of the most impressive pavilions, followed by an Afternoon Tea and VIP evening reception hosted by the UK at Expo 2020 organisers. We rounded off the evening by enjoying a stunning performance by the Royal Philharmonic Orchestra, also attended by His Royal Highness the Duke of Cambridge Prince William. Abu Dhabi Customs Lunch BCC AD led a cross sectoral, joint Abu Dhabi business community lunch event in February with Abu Dhabi Customs Authority. We welcomed 10 other Business Groups and Chambers to hear from the Abu Dhabi government authority that sets the regulations for importing and exporting through the capital. We heard from H.E. Fahed Ghareeb Alshamsi and Eng – Khalid AlMarzooqi on the latest updates in trade facilitation and attendees enjoyed a networking lunch after the informative briefing. Vol. 25 | Issue 1 | May 2022 CAPITAL LETTER 27

NEWS, EVENTS & UPDATES BCC AD Corporate Golf Day in association with PMKConsult In April, we held our inaugural Corporate Golf Day as British Chamber of Commerce Abu Dhabi, with thanks to Event Partners PMKConsult. We welcomed almost 50 golfers to Saadiyat Beach Golf Club for a Texas Scramble competition, with teams representing corporates from a range of sectors across Abu Dhabi. With prizes to be won on all 18 holes, a wonderful competition took place with fantastic evening networking and dining on the lawn. Thank you to our many event and prize partners on the day with particular thanks to PMKConsult, The Fry Group, Houbara, Compass, Abu Dhabi Ports Group, Mediclinic, Squire Patton Boggs, Intertek, Al Nasr Contracting Company, Al Suwaidi Foundation, THC, eWavelength, InterContinental Abu Dhabi, EGolf Megastore and Saadiyat Beach Golf Club. 28 CAPITAL LETTER Vol. 25 | Issue 1 | May 2022

NEWS, EVENTS & UPDATES BCC AD Abraham Accords Reception For our first official event as British Chamber of Commerce Abu Dhabi in 2022, we welcomed The Rt Hon Dr Liam Fox MP and the UK Group for Abraham Accords, a delegation from London to InterContinental Abu Dhabi. In collaboration with the UAE-Israel Business Council, we celebrated the recently established Abraham Accords agreement, with representatives from both UK and UAE looking forward to building working relationships with Israel. BCC AD Energy Sector Social In the cool evening March air, we held an Energy Sector Social in collaboration with Firenor and Venture Plus Consultancy Services. Attendees representing a wide spectrum of energy sector companies enjoyed networking and making connections on The Deck at The Club. Multi Nation Business Community Review of the In-Country Value (ICV) Program BCC AD joined AmCham Abu Dhabi and the wider Abu Dhabi business community in April for a hugely informative morning panel discussion with representatives of both private and UAE government sectors. The topic was ICV, and we heard from ADNOC, Ministry of Industry and Advance Technology, Raytheon Emirates, Accenture and Proviti, and a number of audience members raised questions for discussion. Those not fasting during Ramadan enjoyed breakfast and further networking after the session. Vol. 25 | Issue 1 | May 2022 CAPITAL LETTER 29

MMOORREEFRFROOMMBBCCCAADD Meet the BCC AD Corporate Members Nature of Business: Oil/Energy Khalid Al Qubaisi Riza Calahat Mohsin Ikram Vishnudas Dasan Noufal Moosa Company Profile: Al Yaseah Managing Director Sales Engineer Project Engineer Project Engineer Office Manager Gas & Oil Industry Supplies and Services (OGISS) is an industrial supply chain specialised in servicing the energy markets. Our company started out as an agent. We grew with active principals offering quality products and quality services for the Middle Eastern markets. We represent around 40 principals and this number is growing. Nature of Business: Defence & Space Nature of Business: Legal Company Profile: At BAE Systems, we Company Profile: Clyde & Co is a global law help our customers to stay a step ahead firm providing a complete service to clients in when protecting people and national its core sectors of insurance, transport, energy, security, critical infrastructure, and vital infrastructure and trade & commodities. Clyde information. We provide some of the world’s & Co has grown to become a leading global law most advanced, technology-led defence, firm in our core sectors. aerospace and security solutions and employ a skilled workforce of 85,800 people in more Jonathan Bird Steven Kelly than 40 countries. Country Director, Regional Managing UAE Director - MENA Nature of Business: Oil/Energy Ross Barfoot Damian Watkin Company Profile: Firenor is a dynamic and flexible company that Partner Partner designs, produces, assembles, tests, installs and does commissioning on an enormous variety of high-quality active firefighting equipment. Iain Hill In addition to providing high quality products, Firenor also provide the Global Business best possible service to their customers by offering experienced and Development Director knowledgeable consultation services for fire protection on land, ships. and offshore industry. Dino Wilkinson Jennifer Eakins Partner Senior Associate Rami Fayek Abulrub Gavin Appleby Ahmed Kolayb Mke Egan Sales Manager Managing Director Sales Manager Sales Director Matthew Gearing Kasam Kiani Senior Associate Associate Nature of Business: Nathan Hunt Jenny Hunt Robyn Waller Julia Wolks Management Consulting Partner & CEO Founder & Strategic Construction PSL Associate Company Profile: The Gateway of Companies Advisor to the Group helps organizations to mitigate the risks of getting licensed to do business in the UAE. We were established back in 2014 to provide no- nonsense, transparent and well communicated services, as a result of witnessing the troubles companies encountered when doing their company formation in Abu Dhabi and Dubai. 30 CAPITAL LETTER Vol. 25 | Issue 1 | May 2022

MORE FROM BCC AD Nature of Business: Security & Mohamamd Al Ali Mel Brooks Omar Dababneh Mohamed Kamal Hamza Sheikh Investigations Managing Director Regional CEO Africa Head of Sales and Regional Managing Finance Director Company Profile: G4S is the World’s leading, integrated & Middle East Business Development Director - Middle East security provider specializing in the delivery of security and related services to customers in more than 110 countries including UAE, where we offer wide range of services and solutions to more than 20 different sectors across the region. Nature of Business: Logistics & Supply Chain Company Profile: Kerry Project Logistics is a specialized entity of Kerry Logistics, launched to meet the growing demand for integrated project logistics services. We offer a wide range of value-added services which provides a one-stop shop to our clients project teams. These services include also expediting, pre-shipment inspections, material management, packing, on-site surveys, feasibility studies and much more. Nature of Business: Construction Tina Benjamin-Lea Company Profile: Lindenberg Emirates General Manager is a leading engineering and construction contractor with over 20 years’ experience Ahmad Al Zaabri Abdallah Al Husari in the UAE – providing fully integrated Chairman Real Estate Portfolio Manager EPC services for power and water facilities from transmission to distribution along with pumping stations and water treatment. Febin Sunny Khalil Chamma Elias El Khoury Mohamad El Zaghni Nature of Business: Gary Rosholt General Manager Business Development Director Group CFO Position Partner - Derwandi Defence & Space VP/Executive Director Company Profile: Kinda Sarrage Nature of Business: Healthcare L3Harris Technologies VP Sales Company Profile: Mediclinic Middle East is part of Mediclinic is an agile global International, a private hospital group with three operating platforms aerospace and in Southern Africa (South Africa and Namibia), Switzerland and defense technology the United Arab Emirates, and a 29.9% shareholding in Spire innovator, delivering Healthcare, a UK-based healthcare group with 38 hospitals. end-to-end solutions that meet customers’ mission- critical needs. The company provides advanced defense and commercial technologies across space, air, land, sea and cyber domains. L3Harris has approximately $18 billion in annual revenue and 47,000 employees, with customers in more than 100 countries. Joe Hazel Chief Operating Officer Sharif Shahine Peter Howgrave - Philip Tyler Caroline Zaher Graeme Mackay Hospital Director – Graham Hospital Director – Marketing Operations VP L3Harris UK & Mediclinic Al Noor Hospital Hospital Director - Mediclinic Mediclinic Al Ain Manager Country Exec Airport Road Hospital CAPITAL LETTER 31 Vol. 25 | Issue 1 | May 2022

MORE FROM BCC AD Nature of Business: Defence & Andy Crisp Harry Dawson Natalya Dean Amanda Neill Claire Peacock Space Regional Director Manager, Program/Capture General Manager Office Manager Office Manager Company Profile: Northrop Grumman solves the toughest problems in space, aeronautics, defense and cyberspace to meet the ever-evolving needs of our customers worldwide. Our 90,000 employees are Defining Possible every day using science, technology, and engineering to create and deliver advanced systems, products and services. Nature of Business: Legal Campbell Nature of Business: Higher Education Company Profile: We are one of the world’s strongest integrated Steedman Company Profile: Higher Education Institute. law firms, providing insight at the point where law, business and Partner 100% owned and operated by the University government meet. We give our clients a voice, support their ambitions of Birmingham. Offering high quality higher and are committed to working alongside them to achieve successful education programmes and research activity outcomes. With more than 50 years’ experience in the Middle East from our campus in Dubai. We are in the region, we have built an extensive network of personal and professional Global Top 100 of universities and a member relationships. of the UK Russell Group of leading UK universities. Richard Gibbon Matthew Powell Sarah Lawrence Thomas Wilson Ben Bailey Partner Partner Partner Managing Partner Campus Director Meet the BCC AD Business Members Nature of Business: Nature of Business: Construction Legal Nature of Business: Insurance Company Company Profile: Company Profile: Profile: Alghanim Founded in 1985, From the very beginning, AWNIC International is MIO is a leading has centered its business around one of Kuwait’s UAE law firm with people. As a symbol of security and most prominent family roots now its service, AWNIC has constantly innovated engineering, second generation solutions to help manage risk in ways procurement with branches in Abu that meet the needs of the customer and and construction Dhabi, Dubai and the market. This Karim Eissa resulted in a company contracting Sharjah. Our mission Omar Odeh that is innovative in Bassam is to be facilitators General Manager risk management Adib Chilmeran companies. Regional Director solutions that offers Chief Executive Officer of access to justice prudent underwriting, Alghanim complete product Anas Mistareehi for individuals and coverage, a unique Chief Operations International service, security, Officer companies alike. market growth, and undertakes major long-term profitability. Offering legal Civil, Infrastructure representation in and Power Projects practically every which include jurisdiction in UAE, Design, Engineering, we strive on achieving Procurement, this mission with Installation, unparalleled legal Commissioning, representation both Faisal Odeh Operation and Christos inside and outside the Senior Legal Maintenance of Choudeloudis Power Stations. Defense Director – courts. Consultant MENA 32 CAPITAL LETTER Vol. 25 | Issue 1 | May 2022

MORE FROM BCC AD Nature of Business: Nature of Business: Education Management Guy Schooley Marketing, Company Profile: Amity is an extraordinary school, with quality Deputy Headteacher Advertising & Public relationships and unrivalled facilities. We drive learning by building an Relations environment that fosters confidence, risk-taking and exploration. We Company Profile: offer each child a broad and diverse school experience that caters for An independent, varied interests, in order to optimize the development of each child in all award-winning domains. branding & creative agency. Abu Dhabi Kate Faber Nature of Business: Hospitality based, working Director Company Profile: With iconic architecture globally to help Claudia Dumond and an exclusive address on Abu Dhabi’s brands tell their Managing Director Corniche, Bab Al Qasr impresses on all levels. stories since 2007. Luxurious guest rooms, suits, and residences Every brand has a offering premium comfort and amenities. One Nemo Acimovic Mohamed Al Bahrawy story to tell and we of the capital’s largest private beaches and General Manager EAM i/c Sales & Marketing are behind some a sumptuous Spa provide guests with the of Abu Dhabi’s ultimate in urban relaxation. It is a place of biggest and boldest. adventure, indulgence and time-honoured Bringing brands Arabian Hospitality, where a respect to the to life in a range of past is written in every stone and every fabric. sectors including energy, sport, retail, healthcare, destination, real estate and more. Nature of Business: Nature of Business: Public Relations & Event Services Nature of Business: Communications Medical Practice Company Profile: Company Profile: Company Profile: BSL is a leading Strategically located Brunswick is the in the heart of Abu global dynamic event Dhabi city, yet world’s leading critical nestled in a quiet solutions agency setting that provides issues firm. Brunswick both convenience with foundations in and privacy, has a rapidly growing Boston Dental the UK and office in Center is your go-to business in the UAE dentistry boutique Abu Dhabi. We were offering a range capital, advising of comprehensive founded by industry services in a top-tier listed clients, Heather Salmond friendly and relaxed government-owned Partner, Head of Office, experts and have a Nancy Power atmosphere. entities and private Abu Dhabi proven track record General Manager sector companies of over 36 years Amani Radwan operating in the worldwide. In the UAE, HR & Operation Executive Manager financial, real estate, we are in our 13th year cyber, industrial, of operation where technology and we have worked healthcare sectors. with a multitude Our team combines of organisations a wide range and individuals to of professional create memorable backgrounds with experiences in core specialisms Dominic Whiting business, the arts, Waqas Hafeez entertainment and Executive Director in investor, sport. internal and crisis Partner communications, Dr. Ziena Baroudi along with strong GP Dentist Arabic language capabilities. Nature of Business: Education Management Sam Achampong Mansoor Malik Company Profile: CIPS MENA - The Chartered Institute of Procurement & Supply (CIPS) is the Regional Director Head of Business leading international body representing purchasing and supply management professionals. It is the Development MENA worldwide centre of excellence on purchasing and supply management issues. CIPS has a global community of 115,000 in over 150 countries, including senior business individuals, academics and corporate organisations. Vol. 25 | Issue 1 | May 2022 CAPITAL LETTER 33

MORE FROM BCC AD Nature of Business: Nature of Business: Nature of Business: Oil/Energy Education Hospitality Company Profile: CCTC has been Management Company Profile: in existence for 40 The Club is a private years, operating Company Profile: from its base in Opened in September members resort Abu Abu Dhabi, in the United Arab 2014, Cranleigh Dhabi expats and Emirates. During this time CCTC has Abu Dhabi is the citizens of all ages a Kyle Wykes grown to become a Saleh Muqattash unique lifestyle paired General Manager significant player in Chief Executive Officer sister school to with a diverse range the engineering and contracting sector in the prestigious the Middle East and of leisure facilities, Gulf markets. Cranleigh School in sports, dining and Surrey, UK. The two Michael Wilson schools share the Executive Principal entertainment. same family-based The Club has it all, community ethos beaches for both and an educational families and adults- philosophy that only, swimming pools, focuses on the a beauty salon for whole child. Based both men and women, in Abu Dhabi’s and those that enjoy Nicola Wykes Khouloud Bader Cultural District on indulgence in culture. Deputy Managing Marketing & Director Saadiyat Island, Communications the school offers a Manager British international Tim McConnell- curriculum. Wood Headmaster Nature of Business: Shiraz Sethi Nature of Business: Desmond Hatton Nature of Business: Ryan Mcpherson Legal Regional Head of Hospitality General Manager Oil/Energy Director Company Profile: Employment Company Profile: Company Profile: Helen Aittis Dentons is the world’s Dusit Thani Abu The EIC is a leading Office Manager largest law firm, with Dhabi brings Thai- trade association 12,000+ lawyers inspired design providing dedicated and professionals and hospitality to services to help in over 200 the capital and members understand, locations spanning heart of the United identify and 80 countries. Arab Emirates. The pursue business Supplemented by hotel is centrally opportunities globally. our award-winning located in the city’s Established in 1943, Nextlaw Referral new business and the EIC is a not-for- Network, our government district, profit organisation geographical reach is close to the Eastern with a membership of unparalleled. Through Mangroves. With over 650 companies our extensive global its prominent glass who deliver goods network we can tower, Dusit Thani and services to the support our clients Abu Dhabi presents a energy industries anywhere that you fresh and innovative worldwide. want to do business, architectural design. both now and in the future. Nicolas Abdallah Director of Sales and David McGrory Marketing Partner Nature of Business: Oil / Energy Nature of Business: Legal Company Profile: Euro Mechanical is an Emirati company that has Company Profile: As a global top 10 law firm, Eversheds supported the growth of Abu Dhabi’s energy sector for more than Sutherland provides legal services to a global client base, ranging 40 years. We are proud to provide proficient solutions and expertise from small and mid-sized businesses to the largest multinationals, throughout the region. Over the years Euro Mechanical has shaped acting for 73 of the US Fortune 100, 120 of the US Fortune 200 and a business philosophy 66 of the FTSE 100. where partnerships, With more than 3,000 service quality, lawyers, Eversheds consistency and above Sutherland operates all customer satisfaction from 74 offices in 35 are paramount. jurisdictions across Africa, Asia, Europe, the Middle East and the US. Jon Rawding Mike Purkiss Roberta Wertman Andrew Garbett Chief Executive Officer Chief Operating Officer Legal Director Senior Associate 34 CAPITAL LETTER Vol. 25 | Issue 1 | May 2022

MORE FROM BCC AD Nature of Business: Nature of Business: Hospitality Construction Nature of Business: Company Profile: Company Profile: Security & We are a global One of the wealthiest professional services Investigations company that leads cities in the world, through engineering, Company Profile: construction and Abu Dhabi lays Frontier Pitts Middle architectural expertise. East is the leading Our forward-looking, claim to an amazing Mohamed Wakeb Ali Al-Sohaini innovative approaches Dion Collier array of architecture, Director of Sales & British Manufacturer BEng (Hons) MSyl connect and sustain Market Leader - attractions and natural Marketing of Security Gates, Partner & CEO communities around Property Development splendor. Situated the world. Delivering Automatic and extraordinary social Salma Bin Breik at the gateway to and economic Advisory Leader Manual Barriers, outcomes, we are – UAE the capital city is focused on building Road blockers, Rising lasting relationships Fairmont Bab Al with our partners and Kerbs, Bollards, and clients. Bahr, a beachfront Pedestrian Control five star hotel in Abu Gates and Turnstiles. Dhabi with unrivalled Frontier Pitts design, views of a design manufacturer, install, masterpiece - Sheikh commission and then Zayed Grand continue to maintain Mosque. Viktoriia Khurtovska your perimeter Sahad Senior Sales Manager - security equipment Koyangodan for years to follow. Technical Sales Corporate Engineer Nature of Business: Jeff Kemprecos Nature of Business: Georges Ghantous Nature of Business: Racha Moukayed Pharmaceuticals Director, Hospitality Cluster Director of Sales Insurance Managing Director Company Profile: Communications, Company Profile: Joel Djamba Company Profile: Fawaz Moukayed GSK is a science-led Government Affairs, We are 10 minutes Cluster Sales Manager Howden’s broking Chief Executive Officer biopharmaceutical Market Access from Ferrari World operations in the UAE company Abu Dhabi, Yas were established researching, Maria Khalil Waterworld, and in 2008, when developing, Communications Warner Bros. World™ Howden Broking manufacturing and Manager Abu Dhabi. Abu Group purchased marketing a full Dhabi International another local broker range of innovative Airport is within 10 and commenced medicines and kilometers. Enjoy Yas its operations as vaccines that enable Island Theme Park Howden Insurance people to do more, passes, included in Brokers. Today, feel better and live your stay, and cool we are a team of longer. We have off at our outdoor 140+ in UAE. We been operating, pool, and kid’s splash have developed a employing and pad and club. We strong reputation as investing in the Gulf have 2,439 sq. m. of one of the leading region for more than event space, and four independent brokers 50 years. bars and restaurants. helping corporations and individuals. Nature of Business: Nature of Business: Luxury Goods International Trade & & Jewellery Development Company Profile: We are Company Profile: With a clear focus the local counterpart of Invest on technology and development, Northern Ireland with Head Office in Belfast, Northern the Swiss watch manufacturer IWC Ireland, United Kingdom. who is a semi-government agency fully Schaffhausen has been producing funded by the Department for the Economy, Northern Ireland. timepieces of lasting value since We are a business development / economy development 1868. The company has gained an agencies and we are not for a ‘Not profit organization’. international reputation based on a passion for innovative solutions and Swathi Sri Sheethal Rishi technical ingenuity. Feras Tarabichi Head of Territory Regional Director - UAE, One of the world’s leading brands in Boutique Manager - IMEA Oman, and Bahrain the luxury watch segment, IWC crafts masterpieces of Haute Horlogerie at their finest, combining supreme precision with exclusive design.design. Vol. 25 | Issue 1 | May 2022 CAPITAL LETTER 35

MORE FROM BCC AD Nature of Business: Nature of Business: International Trade & Manufacturing Development Nature of Business: Company Profile: J.D. Company Profile: Oil/Energy Neuhaus is the world’s By bringing together unrivalled expertise Company Profile: leading manufacturer Mari Petroleum in certification, of pneumatic hoists, brand assurance, Company Limited is an crane systems and cybersecurity, Fadi Al Attar integrated exploration inspection and Corporate Account custom solutions. We and production have increased our training, we’ve become Director MEA company in skill in the special area a leading global Pakistan. Its principal of hoisting technology Steve Walker assurance provider. business activities every day – for Managing Director generations. And we We’re proud of our include oil and gas Faheem Haider heritage, but it’s who exploration, drilling, Managing Director/ have a clear goal in we are today that really field development, CEO production and sight at every metre along our matters, because path: doing things a little better that’s what shapes distribution of than they need to be. This is our how we partner with hydrocarbons as well as provision of very own, deeply internalised our clients tomorrow. E&P related services on commercial standard for maximum quality. By combining strong basis. It is currently the second- values, decades of experience in risk largest gas producer in the Country management and Saif Al Obaidi mitigation and a keen Service Delivery with cumulative daily production focus on the future. Manager, MEA of around 100,000 barrels of oil equivalent. Nature of Business: Construction Company Profile: Nature of Business: Established in 2007. Oil/Energy Company Profile: Nature of Business: METCO MARINE Mott MacDonald is a Health, Wellness & US$2bn engineering, offers specialized management Fitness and development marine services in consultancy. We’re Company Profile: involved in solving areas of Offshore some of the world’s Nexus are global most urgent social, Shallow Water environmental experts in health and economic Installation, Subsea challenges, helping and wellbeing governments and Marine Cable Amin Khan businesses plan, connectivity, creating Laying and Burial, Director deliver and sustain Equipment and their strategic Christopher digital tools to enable goals, responding Seymour Machinery supply to humanitarian and Head of Strategy and organisations and Mona Hayat natural emergencies Investment for Middle healthcare providers CEO & Founder and Submarine Cable and improving East, Africa & South Asia to educate and people’s lives. Protection. Many empower their Submarine Cable people to achieve Laying, Shore End, lifelong better health Burial and Protection and wellbeing. projects have We provide health been undertaken coaching, telemental and successfully health, products and completed in the educational tools region. Our aim to Tahira Khan to increase a user continue supporting Executive Assistant power distribution, knowledge about their telecommunication Jonathan Looker health and an online Cathy Cribben - Unit Development community to connect Pearse and Oil companies as well as contractors Manager – Middle East with like-minded Chief Quality & Safety people. Officer in providing them with unique service. Nature of Business: Oil/Energy Nature of Business: Company Profile: Education Management Norco Group are Company Profile: Omnia Discovery is independent specialists an higher education consultancy based in stored electrical in London. At Omnia we design and deliver energy systems with Finbar Kelly John Roy bespoke experiential unrivalled experience Global Commercial Director learning programmes and expertise in the Manager for business students, delivery of innovative academics and executive corporate solutions to support training. the demand for battery backed systems across a wide range of Yacov Cohen Oz Talmor Business Consultant CEO applications. We are independently owned and managed group of companies with over 30 years industry experience operating internationally, throughout the United Kingdom, Europe and the Middle East, with our headquarters based in Aberdeen, Scotland. 36 CAPITAL LETTER Vol. 25 | Issue 1 | May 2022

MORE FROM BCC AD Nature of Business: Aali Ghufran Nature of Ali Abdulla Nature of Business: Kevin Woolley Hospitality Director of Sales and Business: Oil/ UAE Country Chair Construction CEO Company Profile: Marketing Energy Company Profile: Park Hyatt Abu Dhabi Company Profile: As one of the United presents the best Jemia Boufal Petrofac is a leading Arab Emirates’ largest of both worlds, an Sales Manager international service dedicated project uncommon journey provider to the and commercial of lounging around energy industry. management the most pristine We design, build, consultancies, we shores of Saadiyat, operate and lead our local and to adventures on the maintain energy international clients to sun-kissed sands of facilities and train achieve their project the Arabian desert. workforces to ambitions in virtually Abu Dhabi is an provide assured every key sector. amalgamation of old- and ultra-efficient Using our versatile world charm and new delivery outcomes expertise and over 10 age culture. From for some of years of experience, trendy nightspots the world’s we have delivered to the brimming leading national, over 1.5 million sqm cultural districts of international and of projects to award- the capital, all are in independent energy winning recognition. close proximity to the companies. hotel. Carole Akl Sophie Menon Business Development Financial Controller Director Nature of Business: Nature of Business: Management Building Materials Company Profile: Consulting Readymix Abu Dhabi was established in 1976 by a group of highly qualified Readymix professionals, having extensive knowledge of the Company Profile: global industry. They recognized the forthcoming growth of an emerging Without the support nation and made the company one of the pioneers of Readymix concrete in the region. The prime focus has always been to delight our customers and services of by exceeding their expectations. an experienced, trustworthy and Andrew Paylor General Manager proactive partner, establishing a business in the Middle East can Jade Wong be a complex, time Business Consultant consuming and even daunting process. For international companies wishing Nature of Business: Management Consulting to set up in the Company Profile: UAE or Oman (and RPI drives recruitment for technology-enabled the law firms who business transformation on a global scale with represent them), our experience in over 120 countries. We understand promise is clear. We the latest trends in technology and recruitment and provide a dedicated we work to understand your business, sourcing highly-skilled candidates that suit your business corporate local today whilst driving the agenda for tomorrow. We Julian Frankum Graham Packer partnership platform for Jim Swallow CEO - MEA Managing Director companies, ensuring Commercial Director the foreign party advise organizations on talent that will transform retains full security their business, whilst ensuring access to the best candidates globally. and control of the local business. Nature of Business: Oil/Energy Nature of Business: Defence & Space Company Profile: Company Profile: Signum Intelligence Specialist Services, a Centurion is an international company engaged in the design, manufacture, delivery, company is a global supplier training, and support of products and services, to intelligence, border of oilfield equipment, modular security, law enforcement, military buildings and packaging solutions Ian Stuart Rogers Christopher Ridley and government agencies worldwide. for people and equipment in the Chief Executive Officer Group Sales & Our team of specialists carefully Jamie Mayall oil and gas, utility, petrochemical, manufacture operation-ready products Director power, renewables and defence Marketing Director and services that exceed requirements in real-world situations. industries. Established in 1982 and headquartered in UAE, Specialist Services has developed an international capability in design, engineering, manufacture, installation and support across a broad range of products and services. Vol. 25 | Issue 1 | May 2022 CAPITAL LETTER 37

MORE FROM BCC AD Nature of Business: Nature of Business: Nature of Business: Hospitality Management Oil/Energy Company Profile: Consulting The St. Regis Abu Company Profile: Company Profile: Dhabi effortlessly TPC Leadership, is a We develop solutions combines authentic global consultancy, Arabian hospitality offering bespoke for the safe and with over a hundred leadership years of bespoke development, efficient transfer, St. Regis tradition. coaching, and The hotel offers consulting solutions. store and processing direct access to We believe that the private Nation leadership is a of drilling waste, Riviera Beach Club, journey that does inclusive of a health not always have a slops and other and fitness center, clear direction, so kids club and a we work closely with associated materials wonderful renovated business leaders swimming pool in Nadia Harrilall to understand their Niamh Briody - generated from Simon Tyldsley addition to its’ sandy Assistant Sales Manager strategic objectives Jordan drilling operations. Director beach. Adjacent and co-create Regional Partner Our specialist teams to Nation Galleria Hashem AbouZeid with them tailored Charles Brook Mall with more than Account Director interventions that Global Partner ensure clients 60 retail shops, a – Semi government & leverage the unique cinema and a variety corporate sales strengths and culture internationally meet of entertainment of their organisation, options. teams, and leaders. and exceed the demands of local legislation whilst generating significant commercial, environmental and safety benefits. Pierre-Marie Hinden Business Development Manager Nature of Business: Nature of Business: Nature of Business: Government Relations Business Supplies Construction and Equipment Company Profile: Company Profile: Company Profile: Wates Construction The UAE-UK Business We are pleased to International offers introduce ourselves a full service to Council is a thought as an Exclusive Agent our customers for various products from project leadership forum manufactured by management, design our principals. We and construction that brings together count ourselves as through to full a leading supplier facilities management senior business for a wide range of and maintenance engineering products including raising representatives, primarily to the oil & finance across the gas, petrochemical, sectors of public and entrepreneurs and water & wastewater private education, industries across commercial offices, other stakeholders Bradley Jones the GCC region. We Ali Alia military, heritage, Steve Yazdabadi from both countries Director supply very high Business Development mixed use, high tech Managing Director to identify and help quality products from Manager and pharmaceuticals. our global network to resolve barriers to of principals & Ahmad Raad manufacturers who Director trade and investment owning international sound reputation. between the UAE and the UK. We provide strategic advice to both Governments on the interests and concerns of our member companies and the wider business Paul Sharkie Bernard Hunt Operations Manager community. Deputy Director Nature of Business: Oil/Energy Michael Mair Company Profile: Wood is a global leader in the delivery of Operations, Consulting and VP Growth & Development - Projects solutions for the energy and built environment, infrastructure, and circular economy Europe, Middle East & Africa sectors with over 50 000 global employees. We’re playing our part in achieving the successful transition of energy and helping to create a more resilient, sustainable, liveable world. Vol. 25 | Issue 1 | May 2022 38 CAPITAL LETTER

Meet the BCC AD Associate Members MORE FROM BCC AD Seona Shand Omar Wahbi P.K. Ashraf Company: Aberdeen & Company: Abu Dhabi Company: ADIS Oilfield Grampian Chamber of Chamber of Commerce Supply & Services Commerce & Industry Designation: Managing Designation: Designation: Director Commercial Director Delegations Supervisor Nature of Business: Nature of Business: Nature of Business: Business Supplies & Management Governmental Equipment Consulting Sam Carter David Good Sharad Kumar Company: Berns Brett Company: Alnasr Bhandari Masaood Insurance Technical Trading Company: Ardent LLC Agencies Advisory & Accounting Designation: Director Designation: General LLC Nature of Business: Manager Designation: Managing Insurance Nature of Business: Oil/ Partner Energy Nature of Business: HMA Patrick Moody Accounting Company: British John Martin St Embassy Abu Dhabi Valery Dominic Designation: British Company: British Greenaway Ambassador to the Business Group Dubai Company: British UAE & Northern Emirates / Embassy Abu Dhabi Nature of Business: JacksonMSV Ltd Designation: Senior Governmental Designation: Chairman Trade Policy & Market Nature of Business: Access Officer Scott Walker Management Nature of Business: Company: Expat Sport Consulting Governmental Tourism DMCC Designation: Abu Caroline Savage David Spearing Dhabi Sales Manager Company: Corporate Company: DSCS - FIFA World Cup OHS - Health and Designation: Qatar 2022™ Official Safety Consultant Hospitality Programme Designation: General Nature of Business: for the UAE at Expat Manager Management Sport Nature of Business: Consulting Public Safety Michael Hilton Company: Freshfields Karen Worcester Kapila Karunaratne Bruckhaus Deringer Company: Expatriate - AIB, ACIM LLP Tax Advisory Service Company: Falcon Designation: Partner Limited Group Nature of Business: Designation: Director Designation: Head Abu Legal Nature of Business: Dhabi Accounting Nature of Business: Michael Armstrong Financial Services Company: ICAEW Mark Harrison Designation: Strategic Company: Harrisons Richard Lucas Advisor Designation: Principal Company: Holman Nature of Business: Nature of Business: Fenwick Willan MEA Accounting Legal LLP Designation: Managing CAPITAL LETTER 39 Vol. 25 | Issue 1 | May 2022 Partner - Abu Dhabi Nature of Business: Legal

MORE FROM BCC AD Mohan Jashanmal James Hodgetts Company: Jashanmal Company: JLL Jamie Mayall National Company LLC Designation: Director Company: ISO Online Designation: Regional Nature of Business: Designation: Owner & General Manager Real Estate Founder Nature of Business: Nature of Business: Business Supplies & Dr. Ghanim Computer Software Equipment Kashwani Company: Higher Peter Hellyer Tom Barwick College of Technology Company: Ministry of Company: MTALX Designation: Senior Culture & Youth Energy Manager, Applied Designation: Adviser Designation: Managing Research, Innovation Nature of Business: Director and Entrepreneurship Government Relations Nature of Business: Chemical Richard Knowlton Gerard Russell Filippe Scalora Company: Oxford Company: Pall Mall Company: Provenly Cyber Academy Ltd. Consultancy Ltd Designation: Owner Designation: Director Designation: Managing Nature of Business: of Security Studies Director Legal Nature of Business: Nature of Business: E-learning International Affairs Saloua Tiar Company: Symo Stephen Board Rev. Christine E-marketing and Digital Company: Quantum Trainor Solution Global Solutions Company: St. Andrew’s Designation: Founder Designation: Associate Church & CEO Director Designation: Senior Nature of Business: Nature of Business: Priest Marketing, Advertising Construction Nature of Business: & Public Relations Nonprofit Management Mark Leppard MBE Sammim Adam Company: The British Lisa Phillipps Company: UAE School Al Khubairat Company: The Solutions International Designation: Rainbird Consultancy Advisory Services Headmaster Designation: Director Designation: General Nature of Business: Nature of Business: Manager Education Education Nature of Business: Management Management Information Services Christian Gallagher Martin Jagger Company: Vital Company: WeConnect Certificates Energy Designation: Business Designation: Development Manager Operations Director Nature of Business: Nature of Business: Legal Executive Office 40 CAPITAL LETTER Vol. 25 | Issue 1 | May 2022

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