In an effort to strengthen cooperation and support for the Al-Quds Fund and Endowment, a delegation from the fund visited Kuwait and held a series of high-level meetings. The delegation was headed by the Chairman of the Board of Trustees, HRH Prince Turki Al-Faisal, and Chairman of the Board of Directors, Mr. Munib R. Masri, Dr. Hiba Ahmed, Director General of the Islamic Solidarity Fund for Development of the Islamic Development Bank, as well as Dr. Imad Abu Kishek, Mr. Omar Masri, Mr. Taher Al-Disi and Mr. Muhammedin Weld Umah. Read more…

Gunny Oilfield Services (GOS) has signed a contract with Baker Hughes to become a distributor of their drill bits. GOS will now distribute digital, hybrid, PCC, diamond and tricone drill bits to onshore operators in Libya, helping them to maximise their production.

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Omar M. Masri, chairman of the Al-Quds Academy for Scientific Research (QASR) and board member of the Munib & Angela Masri Foundation (MAF) has signed a sponsorship and cooperation agreement with Basma Al-Nazer, founder and CEO of the Khoyoot Foundation for Development and Training (Khoyoot) (https://khoyoot.org).

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The Airport International Group have announced that Queen Alia International Airport (QAIA) in Jordan has become the first airport in the Middle East, the second in the Airports Council International (ACI) Asia-Pacific region and one of only 21 airports worldwide to achieve Level 4+ ‘Transition’ of the Airport Carbon Accreditation Programme. QAIA was awarded the certificate following a rigorous review of its carbon management processes, which affirmed its alignment with the global climate goals, to reach a net-zero carbon status by 2050, in addition to its establishment of a roadmap to reduce CO2 emissions from fuel and electricity consumption and the ongoing responsible compensation of residual CO2 emissions under its control.

Edgo has signed an agreement with Airem Energy to supply its OP16 gas turbine to the oil and gas industry in Iraq. Read more…