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Exceeding 40K Followers YBA KANOO NEWSLETTER 2021 | ISSUE NO. 22 EXCEEDING 40,000 FOLLOWERS: YBA Kanoo Group Excels on Business Social Media Platform Khalid Kanoo: YBA Kanoo Celebrating Deep Kanoo Motorsports Awards Announced Relations with India Success 03 07 17 www.kanoo.com TABLE OF CONTENTS YBA KANOO NEWS 2021 | ISSUE NO. 22 01 Interim CEO Message 28 Comet Tower Wagon Delivered to Al Ghanah 03 YBA Kanoo Award Announced Group 04 Three Major Charity Awards Launched 28 Hyster H3.0XT LPG Forklift Delivered to Al 04 Faisal Kanoo Named President of the Bahrain Judo Manhal Water Factory Federation 28 Kanoo I&E Senior Management Meeting with 04 Kanoo Foundation Expands Ali Kanoo Mosque XCMG 05 Kanoo Foundation donates to Muharraq Communal 29 Kanoo Machinery KSA Appoints Sub Dealers in Society Hofuf and Al Qassim 05 YBA Kanoo supports the Bahrain Down Syndrome 30 Bobcat Backhoe Loaders delivered to the heavy Society machinery hiring company “Joubar” 06 Kanoo Capital Management Change 30 Kanoo Machinery Sells the first XCMG Hydraulic Excavators in KSA 31 XCMG Conducts Service Training Session for 07 Events Hydraulic Excavators 07 YBA Kanoo Receives the Indian Ambassador to Bahrain 32 Kanoo Oil & Gas Commissions latest technology 08 Indian Ambassador in KSA Meets Kanoo I&E Leadership for 3 Asphalt Loading Arms for BAPCO 09 Interim Group CEO Visits KSA Offices 32 Kanoo Oil & Gas Oman received an Award of 10 UAE Team Conducts Vaccination Drive Excellence from their principal McCRometer 33 Kanoo Oil & Gas signs for the Qurrayah Power Plant 12 Features 33 Kanoo Oil & Gas Signs largest Chemical supply 12 First Family Company in the Gulf to have a Computer agreement (UAE) for the supply of LOA - C6 14 Compliance Feature - Conflict of Interest 33 SEC sends letter of appreciation to Kanoo P&IP 15 Article: A Challenging Tax Environment in the GCC 16 IBFD Features Article from Jesus Ricart KANOO TRAVEL 34 Kanoo Travel Named Saudi Arabia’s Leading 17 Group News Business Travel Agency 34 Kanoo Travel Celebrates Philippine Airlines 80th LOGISTICS Birthday 17 Kanoo Motor Sports and Events (MS&E) Continues 35 Sabre helps Kanoo Travel develop customised Successful Path technology to drive recovery in Middle East 18 Interview with Yousif Al Manea 20 Kanoo Logistics 2024 Strategy KANOO REAL ESTATE 22 Airbus Contract Renewed 36 Real Estate Vetran Retires 22 Kanoo Logistics exclusive cargo GSA for QA 22 Kanoo Logistics handles majority of Huawei’s business in Saudi SHARED SERVICES 23 Kanoo Logistics imports tanks for Gulf Stabilizer Industries 37 Forklift Safety Training Conducted 23 Tatweer awards Kanoo Logistics highly sensitive 37 Working Safely Training commodities contract 38 Successful ISO 9001 2015 Surveillance Audits in 24 Zamil Al Zamil Joins as Kanoo Logistics CCO Bahrain 24 Project Manager Joins Kanoo Logistics 38 YBA Kanoo completes Audit for ISO 2700:2013 Certification 39 CMMI Institute Awards GEMINI Maturity Level 3 SHIPPING 40 YBA Kanoo LinkedIn Pages Exceeds 40,000 25 Kanoo Shipping launches new Port office in Hamriyah Followers Free Zone Sharjah 25 Kanoo Shipping Establishes New Office in Sur, Oman 42 Team Kanoo 42 Employees of the Month – Jeddah INDUSTRIAL & ENERGY 42 Kanoo Travel Employees of the Month – Bahrain 26 Kanoo Flow Control Signs Agreement with Samsung 43 Employee Focus - Hussain Haji 27 Kanoo Machinery Opens New Showroom in Dubai 45 Welcome on Board 28 Kanoo Machinery & Shoa’a Al Gharbia Sign agreement In the past few weeks, I’ve visited our many offices in Bahrain, Saudi Arabia and soon will aim to visit the UAE, and I’ve been inspired by the dedication seen across all our businesses and most importantly you, our staff. I’ve seen people who are optimistic about the future and are eager to improve practices, make more sales, innovate within existing business lines, and expand across new horizons. This is the YBA Kanoo spirit that I have come to know and love throughout my many years with the Group. As your Interim Group CEO, we will build on this momentum. I encourage you all to continue the hard work you have been doing in difficult times so that INTERIM CEO'S together we can achieve the company’s goals and to remember the words of the author Seth MESSAGE Godin, “There’s no shortage of remarkable ideas, what’s missing is the will to execute Dear Colleagues, them.” We are in a better place now after almost one year of a global health crisis that has taken its toll on the economy and business. We as individuals are now more aware of how to protect ourselves from the virus and as a company, we are more capable to function without being disturbed by the restrictions it brought to the world. Best Regards, I would like to thank you for what you have done to weather the worst part of the crisis, which allowed YBA Kanoo to cope with this unprecedented situation, your commitment made all the difference. I would also like to reassure you that as a Maarten Geeraerts company we are resilient, for over 130 years, Interim Group CEO General Counsel & Company Secretary we have seen many challenging moments and we are sure that we will overcome this one too. YUSUF BIN AHMED KANOO W.L.L Kanoo Tower Phone: +973 1722 0220 P.O Box: 45, Manama Rd 1703, Blk 317, Diplomatic Area Fax: +973 1722 9122 Kingdom of Bahrain Kingdom of Bahrain Web: www.kanoo.com 02 YBA KANOO NEWS 2021| ANNOUNCEMENTS YBA KANOO AWARD ANNOUNCED YBA Kanoo Group Chairman, and Chairman of the Board of Trustees of the Yusuf Bin Ahmed Kanoo Award, Khalid Mohammed Kanoo, expressed his happiness with the award’s contributions throughout its twentieth edition, which confirmed its leading role in distinguished work in the field of support and encouragement of creative people, thinkers and intellectuals from the Arab World. Group Chairman - Khalid Mohamed Kanoo With winners throughout its 20 year run reaching 43 winners in total. The award continues its way to honour and encourage the various fields and have now completed its tenth session, the results which have been the recommendation of the arbitration committees were approved for the following winners: The Award consists of a series of prizes in the following Economics: Dr. Mohamed Ibrahim Shalaby - from the fields and specializations: Arab Republic of Egypt. 1. Islamic culture Plastic art: • First place: Ahmed Abdul Redha Saleh - a 2. Literature citizen of the Kingdom of Bahrain. Second place: Badr 3. Money, Economy and Business Abdul-Hussain Abdullah - a citizen of the Kingdom of Bahrain. Third place: Adel Salem Rashid Al Thawadi - a 4. Entrepreneurship citizen of the Kingdom of Bahrain. 5. Medicine 6. Science The Field of University Scientific Research: University of Bahrain students: • First place: Riad Mahmoud 7. Plastic art Mohamed • Second place: Samira Mohsen Saeed • Third 8. Short films place: Habib El-Khabbaz, Syed Ahmed Al-Wadaei, and 9. University scientific research Syed Reda Hadi 10. The best book by a Bahraini author The Chairman of the Board of Trustees, Khalid Mohamed Since its inception, nearly (1012) participants from Kanoo, affirmed that the Kanoo family firmly believes twenty Arab countries have participated in the award’s in the importance of science and culture in the lives competitions throughout its twenty-year run. Female of people and society, which is part of its mission to participants represented (212) and (800) were male support the encouragement of distinguished, creative in the total participation. The most distinguished and intellectual individuals from the Arab World. He also intellectuals and innovators from the Arab World who expressed his sincere congratulations to the winners were the winners of the various categories are follows: and wished all the participants the best of luck in the upcoming competitions. 1. The Kingdom of Bahrain: 17 winners He also expressed his happiness for the process of 2. The Kingdom of Saudi Arabia, 6 winners continuous development and growth in the work of this 3. The State of Kuwait, 4 winners award, and its contributions to Bahraini and Arab society 4. The Sudanese Republic, one winner alike. At the end of his statement, he explained that the 5. Iraq, one winner council has approved the final arrangements for holding the closing ceremony to honor the winners, which will be 6. Palestine, one winner announced soon, wishing the award and the members of 7. The Arab Republic of Egypt, 12 winners the Board of Trustees and participants all the success, 8. The Republic of Algeria, One winner progress and prosperity. YBA KANOO NEWS 2021 | ANNOUNCEMENTS 03 The Late Abdulla Kanoo The Late Ahmed Kanoo The Late Yusuf Ahmed Ali Kanoo Yusuf bin Ahmed Kanoo Group Deputy Chairman and Bahrain Philanthropic Society Chairman Fawzi Kanoo THREE MAJOR has launched three new charity awards in the kingdom worth BHD 20,000 (USD 53,000). They include Wissam Ahmed bin Ali Kanoo Charity Excellence Award (BHD CHARITY AWARDS 10,000), Abdulla bin Ali Kanoo Award for Volunteering and Charity in Information (BHD 5,000) and Yusuf bin Ahmed bin Ali Kanoo Award for Declaring Volunteering LAUNCHED and Charitable Activities (BHD 5,000). Dr Hassan Ebrahim Kamal with Mr Fawzi Ahmed Kanoo 04 YBA KANOO NEWS 2021| ANNOUNCEMENTS FAISAL KHALID KANOO NAMED PRESIDENT OF THE BAHRAIN JUDO FEDERATION His Highness Shaikh Khalid bin Hamad Al Khalifa, First Deputy Chairman of the Supreme Council for Youth and Sports and President of the Bahrain Olympic Committee has issued a decree to restructure the Board of Directors of the Bahrain Judo Federation for the electoral cycle 2021 – 2024. The decree hands over the presidency of the federation to Mr. Faisal Khalid Kanoo and includes Mr. Hakem Awad as a member of the Board of Directors.
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