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Alba, AGU Renew Deal to Boost Human Capital Development MONDAY, OCTOBER 12, 2020 05 BDB names Nada Mohammed Chief Technology Officer Alba, AGU renew deal to boost human capital development The deal renews the• existing MoU signed to develop Alba’s human capital Alba’s Chief Executive• Officer and AGU’s President Sanjeev Paul, BDB Group CEO Nada Mohammed Abdulrahman signed the deal TDT | Manama the Bank’s execution ability on TDT | Manama this huge project. The deal signing DB announced the appoint- Before joining BDB, Nada Bment of Nada Mohammed Mohammed held the position luminium Bahrain (Alba), agement. ture leaders for the generation minium industry and enhance Abdulrahman as its first Chief of Head of Information Tech- Aannounced renewing its The MoU was signed between to come. Alba and AGU have a Bahrain’s competitiveness Technology Officer. nology at Khaleeji Commercial Memorandum of Understand- Alba’s Chief Executive Officer longstanding cooperation span- worldwide.” Commenting, Sanjeev Paul, Bank and has led multiple pro- ing (MoU) with Arabian Gulf Ali Al Baqali, and AGU’s Presi- ning more than 7 years as AGU It is worth mentioning that BDB Group CEO, said Nada’s jects over 15 years in the bank- University (AGU), one of Bah- dent Dr Khalid Abdul Rahman has been our partner in devel- Alba has sponsored many high varied experience in the Bank- ing sector in the area of fintech rain’s leading educational in- Al-Ohaly in the presence of Alba oping our high potential em- potential employees to attain ing Technology areas like Sys- and Open Banking, electronic stitutes, on Thursday at Alba and AGU officials at Al Dana ployees via Alba-sponsored MBA their MBA degrees from lead- tem Development, Service channels, information security premises. Hall, Alba. programme.” ing business schools to in - management, Operations, In- and availability, application The deal renews the existing Commenting on the MoU, AGU’s President Dr Al-Ohaly clude Arabian Gulf University frastructure and Project man- developments and process au- MoU signed to develop Alba’s Alba’s CEO Al Baqali said: “We added: “This cooperation will through the MBA programme agement will greatly enhance tomation, and many more. human capital through higher are delighted to renew this provide the necessary exper- which is offered in coopera- education, tailor-made training MoU with one of the pioneer- tise, competencies, and sup - tion with the French Arabian programmes and applied re- ing educational institutes in port for the young leaders in Business School (FABS) along search in the fields of common the Kingdom of Bahrain as we the Company, so Alba continues with ESSEC Business School, Al Baraka launches interest mainly in business man- continue to develop Alba fu - its leading position in the alu- France. new global website India’s Modi launches property-card Brexit deal scheme to aid rural households needs to be done by start Two-thirds of of November India’s• population lives in rural areas - France The government plans• to use drone technology to map land parcels in rural areas TDT | Manama – all information, just a click Reuters | Mumbai away. Understanding the im - he Bahrain headquartered portance of personalisation, ndian Prime Minister Naren- TIslamic multinational which is Idra Modi launched a proper- banking group, Al Baraka Bank playing an increasingly im- ty-card scheme yesterday that Indian Prime Minister Narendra Modi addresses the nation during Clement Beaune Independence Day celebrations at the historic Red Fort in Delhi, India Group (ABG), launched a new portant role in the user ex - he vowed would provide clarity global website. perience with language being of property rights in villages Reuters | Paris The President & Chief Ex- one of the most overlooked as- and enable farmers to use their from banks. These people can ecutive of ABG, Adnan Ahmed pects, the site offers the latest property as collateral for loans now borrow very easily from he European Union Yousif, stated, “We continue feature in this regard, whereby from financial institutions. banks after showing property Tand Britain must reach to invest in initiatives that en- one can navigate simultane- Two-thirds of India’s popula- 100k cards issued under ownership an agreement on their able us to better communicate ously between languages for tion lives in rural areas, where An initial batch of 100,000 scheme,” Modi said. post-Brexit ties by the start with our stakeholders and sup- the same content page by sim- few possess proper land records people from over 750 An initial batch of 100,000 of November, France’s Eu- port our objectives across the ply clicking on the language and property disputes are com- villages across six states people from over 750 vil - ropean affairs minister said multiple markets in which are selector. mon. will begin to receive the lages across six states will on Sunday, but the bloc active.” Yousif added: “With our new “This is a historic effort to- digitised property cards begin to receive the dig - would not accept a bad deal Apart from enhancing the state-of-the-art site now live, wards rural transformation,” this month. itised property cards this just for the sake of reaching look and feel, the website also we will continue to invest in Modi said in a webcast speech month. a compromise. offers a simplified main menu further technology advance- while launching the pro - Each card will have a unique “There needs to be an to provide visitors with easy ments that support the contin- gramme. identity number similar to the agreement in the coming access to information about ued execution of our strategy The government plans to use next four years, Modi said. Aadhaar card - the world’s big- weeks. That means around the Group including Investor and enable us to better meet drone technology to map land “Despite owning houses, gest biometric identity project, the beginning of Novem- Relations, Social Responsibil- the challenges that we are parcels in rural areas and cover people were facing multiple covering more than a billion ber,” Clement Beaune told ity, Corporate Governance etc posed with today.” some 620,000 villages over the problems while borrowing people in India. FranceInfo radio. “We must not lose our calm in the final days of ne- gotiations because that is sometimes when bad con- Iran’s rial falls to new low, as virus deaths hit new high cessions are made.” British Prime Minister Reuters | Dubai ya-e-Eqtesad’s website gave the Middle East. On Sunday, the Boris Johnson told French dollar rate as 310,000 up from daily death toll hit a new high President Emmanuel Ma- he Iranian rial fell to a new 303,300 on Saturday. of 251. cron on Saturday that he Tlow against the US dollar on The Tehran-based daily said The United States on Thurs- would explore every avenue Sunday as a record daily death the rial had fallen to 317,000 day slapped fresh sanctions on for a trade deal with the Eu- toll from COVID-19 compounded per dollar earlier on Sunday but Iran’s financial sector, penalis- ropean Union but said pro- concerns over new US sanctions clawed back some its losses after ing 18 banks to further choke gress to bridge significant which may block some of Iran’s the Central Bank said it would off Iranian revenues as Wash- gaps needed to be made in medicine purchases. inject $50 million per day to ington ramps up pressure on the coming days. The dollar was selling for as support the currency. Tehran weeks ahead of the US Johnson has set a dead- much as 312,200 rials on the un- The currency has lost about election. line of the Oct. 15 EU sum- official market, up from 304,300 57% of its value in 2020 as a Analysts said the sanctions mit for agreeing a deal, and on Saturday, according to the drop in oil prices has deepened may further deter European and the EU is seeking a few more foreign exchange site Bonbast. the economic crisis in the coun- other foreign banks from work- concessions before entering com. try, which also has the high - ing with Iran, even for permitted the final phase of negoti- The economic daily Don - A man displays the Iranian currency at Ferdowsi square in Tehran, Iran est COVID-19 death toll in the humanitarian transactions. ations..
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