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MBM recognized for COVID-19 response

Congratulations to all at MBM, a leading Facilities Management company in the UAE and part of Al Ghurair Investment, for some key successes this month!

MBM recognized for COVID-19 response
Tuesday 04 May 2021

Congratulations to all at MBM, a leading Facilities Management company in the UAE and part of Al Ghurair Investment, for some key successes this month!

! This week, ADIB - Abu Dhabi Islamic Bank recognised the MBM contract and ground teams for providing exemplary service and support throughout the COVID-19 pandemic period. Each member of the team was awarded a personal certificate of appreciation from ADIB’s COO office.

Earlier this month, Yara Mshainesh from MBM won the Best Cleaning Manager category in the Middle East Cleaning, Hygiene and Facilities Awards, for her innovative and professional approach to manpower planning and strategy.

Well done to all at MBM for living our Purpose of Enhancing Life, preserving the health and safety of UAE citizens amidst the ongoing pandemic!

Join Naira Hamdy at EduTech Arabia!

On 15-16 March, Naira Hamdy, Principal at Dar Al Marefa Private School - Dubai, will be a panelist at EduTech Arabia, speaking about integrating face-to-face and online education, and driving the future of learning in the MENA region.

Join Naira Hamdy at EduTech Arabia!
Thursday 04 March 2021

On 15-16 March, Naira Hamdy, Principal at Dar Al Marefa Private School - Dubai, will be a panelist at EduTech Arabia, speaking about integrating face-to-face and online education, and driving the future of learning in the MENA region.

With a career in education spanning 25 years, Naira specialises in working with other educators to find innovative and sustainable ways to transform teaching and to model a professional learning community approach.

Register to attend the event here: bit.ly/3q8cMx7

Join Djamal Djouhri at the Future Food CEO Thought Leadership Summit

As the world continues to feel the impact of the COVID-19 pandemic, what does the future hold for global F&B manufacturing? Can a continuing shift towards tech and innovation revolutionise the face of the global food market?

Join Djamal Djouhri at the Future Food CEO Thought Leadership Summit
Thursday 04 March 2021

As the world continues to feel the impact of the COVID-19 pandemic, what does the future hold for global F&B manufacturing? Can a continuing shift towards tech and innovation revolutionise the face of the global food market?

In an upcoming virtual seminar for the Future Food CEO Thought Leadership Series, Djamal Djouhri, CEO, AGROP and Al Ghurair Foods, will join a panel of leading regional experts to discuss future innovation trends in the global food industry.

To join the discussion, please register online: https://lnkd.in/eKqmqVx

  • Family businesses are a secret engine of economic recovery Thursday 15 April 2021

    In a new article with Arabian Business, John Iossifidis, GCEO, discusses how the agility, innovation and adaptability of family businesses are the secret engine to fuel post-pandemic economic recovery.

    The power of family values is also a key strength for attracting potential talent and employee retention

    Agility, innovation and adaptability all allow family businesses to drive post-pandemic economic recovery

    Family businesses are a secret engine of economic recovery

     John Iossifidis, Group CEO of Al Ghurair Investment

     Family businesses have been fundamental contributors to and enablers of the ambitious change in the UAE since the formation of the country.

    Woven into the very fabric of the nation and firmly at the heart of the UAE’s economy, these local family businesses can trace their roots back to the pre-oil days, when pearl diving and fishing were the mainstays of the economy. Over the last six decades, they have continuously transformed, reinventing themselves to align to the changing economic climate, industry trends, and in alliance with the vision of the country itself.

    This cultural and mercantile heritage is preserved by Emirati family businesses to this day – consistently upholding the core traits that have enabled them to survive, and thrive: agility, innovation and adaptability.

    It is these very traits that will be driving forces of the economic recovery and sustainable post-pandemic growth. With neither drumroll nor fanfare, local family businesses have embarked on a mission that will see the economy not only rebound, but rise to new heights.

    The stewardship of a family business is, invariably, about building, nurturing and passing down an enhanced legacy to future generations. As businesses with a heart, priorities go far beyond the bottom line; they are driven by purpose.

    In accordance with the UAE’s leadership, family businesses have been – and remain – visionary proponents of the country’s prosperity and success. They have proven their commitment to longevity through adapting and diversifying holdings, growing at a pace that outstrips their Western counterparts. With a dogged focus on diversification, they now dominate key industry sectors, from food, to retail, to hospitality, putting them far ahead of their global equivalents.

    But how do family businesses drive economic recovery and sustainable post-pandemic growth?

    Maximise longevity

    Purpose-led family businesses often outperform markets due to their focus on the long-term, demonstrating resilience and aptitude for growth. Family businesses need to develop rigorous efficacy tests and well-defined proof of concepts, with the ultimate aim of safeguarding and building on an existing, solid legacy. Due to the bottom-line-focused quarterly reporting cycle in public companies, this extent of innovative thinking – and breathing space – is rarely possible.

    Uphold values

    According to a PwC survey, 88 percent of Middle Eastern businesses have a clear sense of agreed values and purpose. As businesses and families grow throughout generations, it is crucial to keep these guiding beliefs that drive business continuity and legacy intact. The power of family values is also a key strength for attracting potential talent and employee retention. Moreover, consumers have an increasing preference for value-driven brands that are aligned to their personal ideals and priorities. In this way, upholding consistent values can boost customer loyalty and build brand value, while, on the internal side, common values and a shared sense of purpose cultivate a family business that transcends generations.

    Embrace innovation

    A business’ desire to innovate is key to a post-pandemic recovery. Thanks to the agility and adaptability of their core business models, family businesses have an innate ability to move faster than large multi-nationals. As the government embarks on the journey towards building a diversified, productive economy laid, in line with the UAE Centennial 2071 vision, UAE family businesses remain ideally placed to support and enable this transformation.

    With the pandemic continuing to put stress on the global economy, family businesses are rising to the challenge and, not only adapting to, but embracing the changing market forces – putting them on the path to becoming the secret engine of post-pandemic recovery. Now, as family businesses are called upon to drive the next phase of development, Al Ghurair and other family businesses, must build on their legacy, and embrace digitalisation and innovation.

    John Iossifidis, Group CEO of Al Ghurair Investment