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Lulu First Retailer in MENA to Get GSAS Gold Rating Indosat Ooredoo CEO wins Gold at APAC Stevie Awards 2021 PAGE 10 SUNDAY, MAY 30, 2021 34,529.45 10,764.13 51422.88 1,905.30 +64.81 PTS +135.88 PTS +307.66 PTS GOLD +0.36 % Lexus marks cumulative global sales DOW QE SENSEX of 2 million electrified vehicles PAGE 9 PRICE PERCENTAGE PRICE PERCENTAGE 28.01 BRENT 68.72 -0.69 % WTI 66.32 -0.79 % SILVER +0.26 % QBA holds over 40 meetings with Polish firms QNA ships and study investment opportu- promoting economic cooperation DOHA nities in global markets. between Qatar and Poland. He said He said that Qatar has capabili- that the council is mainly concerned THE Qatari Businessmen Associa- ties that qualify it to attract foreign with strengthening financial, com- tion (QBA) organised the Qatari-Pol- investors to its markets and enjoys mercial and cultural relations be- ish Business Meeting through video incentives related to the tax system, tween Qatar and Poland. conference to discuss prospects for easy procedures for setting up new Ambassador of Poland to Qatar economic cooperation between the projects in addition to its trans- HE Janusz Janki stressed the im- two parties. This was followed by parency, stability and security. He portance of communication in light the organisation of more than 40 also noted the development of the of the coronavirus crisis that put bilateral sectoral meetings between Polish economy and the attractive a burden on the economic sector Qatari companies and their Polish business climate that the country around the world. He said that such counterparts working in the health provides. meetings contribute to restoring and agricultural sectors. QBA Member Sheikh Nawaf bin economic recovery. This meeting comes within Nasser Al Thani highlighted the im- He called on Qatari investors to QBA’s initiative to conduct a series portance of this meeting, in which QBA members and representatives of Qatari and Polish firms take part in the QBA Chairman Sheikh Faisal bin get acquainted with the Polish mar- of specialised sectoral meetings with nearly 25 Qatari companies partici- Qatari-Polish Business Meeting held online. Qassim Al Thani ket and the huge investment oppor- the aim of securing communication pated, to discuss cooperation and tunities presented by each sector. between Qatari businessmen and investment opportunities. Speaking on the occasion, Qa- tween the two countries. ment law that allows 100 percent At the end of the plenary session, their counterparts around the world. He stressed the importance that tar’s Ambassador to Poland HE Ab- Fakhroo called on Polish inves- ownership in most economic sectors representatives of Qatari and Polish QBA Chairman Sheikh Faisal bin the private sector attaches to the sec- dulla Abdul Rahman Fakhroo said tors to take advantage of the strate- of Qatar. companies held more than 40 secto- Qassim Al Thani stressed that Qatari tors of health, agriculture, technolo- that this meeting was a continuation gic location of Qatar, and the advan- For his part, Qatari-Polish Busi- ral meetings to discuss opportunities companies enjoy global competitive gy, information technology, medical of the success of the first Polish-Qa- tages and incentives it provides to ness Council Chairman Daniel Dy- for partnership and cooperation be- experiences and advantages and are equipment and banking, due to their tari business meeting and it would the foreign investor. bala referred to the role of the coun- tween companies in the various eco- always looking to search for partner- economic importance. create communication channels be- He referred to the new invest- cil as a non-profit organisation in nomic sectors. Lulu first retailer in MENA Masraf Al Rayan launches Visa to get GSAS Gold rating card for premier GSAS certificate a milestone in our efforts to make our business more sustainable and circular, says Althaf customers TRIBUNE NEWS NETWORK TRIBUNE NEWS NETWORK sively for Masraf Al Rayan’s DOHA DOHA clients. With this card, our clients can enjoy access to LULU Hypermarket in Qatar has be- MASRAF Al Rayan, the lead- card global concierge service come one of the first retailers in the ing bank in Qatar and the available 24/7 providing ser- Middle East and North Africa (MENA) region, in partnership with vices to our customers do- region to achieve sustainable opera- Visa has launched a feature- mestically and internation- tions certification under the Global packed high-end metal credit ally.” Sustainability Assessment System card exclusively for their Jamali said, “We are very (GSAS) from the Gulf Organisation for ultra-high net worth private proud to be able to launch Research & Development (GORD). banking customers. this card and to be provid- Upon completion of necessary The uniquely designed ing a wide range of premium audits by sustainability experts from ‘By-invitation only’ Visa ul- benefits and services. This is GSAS Trust and GORD Labs, the Lulu tra-high net worth metal card amongst the most exclusive Hypermarket’s building located in Al is personalised and packaged payment solutions in the Messila achieved an overall score of with an extensive range of market, and we are delighted 1.51 which corresponds to a ‘GOLD’ lifestyle privileges. to partner with Visa to bring rating under the GSAS Operations Masraf Al Rayan Group the world’s elite offerings to certification. CEO Adel Mustafawi said, our customers.” Lulu Group International Director “We are committed to pro- Visa Country Manager for Mohamed Althaf received the GSAS viding outstanding services Qatar Sudheer Nair said, “We certificate and plaque during an award to our ultra-high net worth are excited to introduce the ceremony held at Lulu Hypermarket’s private banking customers Visa metal card to Masraf Al Al Messila branch on May 25. to meet their lifestyle and Rayan’s ultra-high net worth Acknowledging LuLu Group’s travel needs. The new world private banking customers in initiative to implement GSAS Opera- we live in makes it even more Qatar and the region. The de- tions as a tool to cut down its carbon relevant that such services sign and benefits of the card footprint, GORD Founding Chairman are easily accessible to our are truly an embodiment of Yousef Alhorr said, “Data emerging clients. The new metal prod- how Visa brings unmatched from latest surveys is consistently Lulu Group International Director Mohamed Althaf receives the GSAS certificate and plaque from GORD Founding Chairman Yousef uct is also our way of thank- experiences to a select group pointing towards changing consumer Alhorr during an award ceremony held at Lulu Hypermarket’s Al Messila branch in Doha recently. ing our ultra-high net worth of customers whose lives are sentiments and behaviours. Custom- customers for their continued defined by distinction.” ers today are far more informed to tion with GORD is being able to utilise valid for four years from the date of is- practices were also assessed and found patronage with Masraf Al The cardholders can also choose sustainability. At the same their know-how and long experience,” suance. All these audits were conducted to be in line with industry best practic- Rayan.” take advantage of the exclu- time, retailers too have the power to said Althaf. during operational hours without inter- es. Wherever possible, waste accumu- The metal card, which sive custom-tailored points influence sustainable practices among GSAS is the MENA region’s first rupting the day-to-day business at the lated from various facilities within the is now available exclusively programme, generous re- their customers. By achieving a GSAS green building certification system that hypermarket. building is segregated at the source for to Masraf Al Rayan’s ul- warding programme that operations certificate with a ‘GOLD’ assesses and guides projects on reduc- LuLu Hypermarket has identified responsible disposal and recycling. tra-high net worth private gives cardholders valuable rating, Lulu International has dem- ing their environmental footprint dur- environmental management as one of Upon the conclusion of the au- banking customers, also of- points to use for free airline onstrated its conscious efforts to- ing design, construction and operations its highest corporate priorities to re- dit, a list of the recommended energy fers cardholders faster and travels, hotel accommoda- wards operational excellence that is stages. In this context, GSAS Opera- duce the risk to the environment and and water management opportunities more convenient shopping tion, and exclusive seasonal incomplete without environmental tions programme addresses impacts of the organisation. To achieve ‘GOLD’ (EMOs) were provided for Lulu Group experiences. travel packages. sustainability. We congratulate the or- building operations in post-occupancy certification rating, several site audits to further improve facility manage- Commenting on the an- For every QR1 spent with ganisation and hope that its initiative phase. It is premised on the notion that and desk reviews were conducted for ment and energy and water efficiency nouncement, Masraf Al Masraf Al Rayan’s Visa Ultra inspires others in the retail sector.” building operations and maintenance the assessment of current operational based on industrially accepted engi- Rayan Retail and Private High Net Worth metal card, Commenting on the sidelines of the practices have a direct impact on the and maintenance practices at Lulu Hy- neering and statistical techniques and Banking GM Hamad Al Ja- clients earn 4.5 Al Rayan re- event, Althaf said, “I am very pleased natural environment
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