Bahrain This Month - May 2020

May 2020 23 www.bahrainthismonth.com business bites NEW APPOINTMENTS TO BANK BOARD BANK SUPPORTS 4,000 MIGRANT WORKERS VIRTUAL SHOPPING GFH Financial Group (GFH) has appointed Ali Murad and Ahmed Alahmadi to its board of directors. Ali Murad is the MD and co-founder of Pinnacle Bahrain and serves on the boards of various companies. He began his career at Arab Banking Corporation where he spent five years in a variety of positions before joining Unicorn Investment Bank (now Bank Alkhair) and later First Energy Bank. In 2010, he established Pinnacle, a holding company that acquires and holds stakes in various sectors including technology, music publishing and real estate, to name a few. Ahmed Alahmadi is an Associate at Mubadala Investment Company working in mergers and acquisitions, where he assists teams across the company in sourcing deals and executing transactions. As part of its efforts to lend a helping hand to those affected by the Coronavirus (COVID-19), the National Bank of Bahrain (NBB) has contributed to cover food provision and supplies for 4,000 migrant workers as part of the Capital Governorate’s ‘Together We Care’ campaign. The campaign, led by His Excellency the Capital Governor, Shaikh Hisham bin Abdulrahman Al Khalifa, distributes ready-cooked meals and food essentials such as rice, oil and vegetables. Shaikh Hisham said: “I am very proud of what has been achieved since the launch of the campaign, it has demonstrated the true meaning of all parties coming together and working as one towards a common goal. This has proven that we all are truly #TeamBahrain and reaffirms our values and solidarity.” The campaign is being organised by the Capital Governorate in cooperation with the Ministry of Interior which is managing the distribution process. More than 100 companies have signed up for Bahrain’s virtual mall, an initiative launched by the Ministry of Industry, Commerce and Tourism to help keep the wheels of retail business turning despite Covid-19 restrictions. Businesses wanting to use the services of mall.bh must offer an online payment method and delivery services. Enrolment is free with no interim payments. The user-friendly online shopping platform was launched in response to coronavirus market disruptions, which have motivated local enterprises to reconsider how they transact business online. Additionally, it helps businesses unlock the immense opportunities digital transformation provides, including allowing them to closely monitor consumer behaviour to adjust their market strategy accordingly.

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