Since its inception, BONWS Seguros S.A. has been adding value by providing financial peace of mind as well as stability to its clients and ensuring that the financial consequences of their risks are handled. more[...]
On 22 August 2012, more than two years after the orignal legislation was passed, the US Securities and Exchange Commission (SEC) voted by a 2-to-1 majority to adopt robust rules implementing section 1504 of the Dodd-Frank Act. In an effort to curb corruption, this landmark ruling will require oil, gas and mining companies listed on US Stock Exchanges to publish the payments that they make to governments. more[...]
CEAP Amazonia (Centro de Excelência Ambiental da Petrobras na Amazônia; Petrobras Environmental Excellence Center in Amazonia) – one of the most outstanding projects by Petrobras in the north region – has a crucial strategic importance, since it will decisively contribute to the reduction of oil industry intervention-related risks in Amazonia. more[...]
CEAP Amazonia (Centro de Excelência Ambiental da Petrobras na Amazônia; Petrobras Environmental Excellence Center in Amazonia) – one of the most outstanding projects by Petrobras in the north region – has a crucial strategic importance, since it will decisively contribute to the reduction of oil industry intervention-related risks in Amazonia. more[...]
As one of the largest integrated palm plantation companies in Indonesia, PT Sinar Mas Agro Resources and Technology Tbk (“SMART”) harnesses best management practices in administering its operations to produce sustainable palm oil in accordance with the Roundtable on Sustainable Palm Oil (“RSPO”) Principles and Criteria (“P&C”). fertiliser in the estate after being treated in the waste water treatment plant to decrease several parameters in accordance with the Indonesia Minister of Environment Decrees No. 28 and No. 29 Year 2003; and iii. Shell and fiber of husks from fresh fruit bunch, the solid waste from the mill, are used for fuelling the boiler and turbine, to increase energy efficiency. more[...]
Labor standards and working conditions in the Middle East exhibit many of the same basic problems that occur globally. If we look at workers’ demands from the recent strikes in Egypt and Jordan, we will see issues that clearly violate the International Labour Organization’s core labor conventions – unfortunately, that will surprise no one. more[...]
In this interview, Habiba Al Marashi, Chair of the Emirates Environmental Group (EEG) and Board Member of the UN Global Compact, and Walid Nagi, Manager CSR and Corporate Communications at the Al-Mansour Holding and UNGC Regional Networks Manager MENA and Europe, talk about the drastic social changes, the examples companies can provide, and the importance of the business sector for sustainable development in the MENA region. more[...]
In this interview, Habiba Al Marashi, Chair of the Emirates Environmental Group (EEG) and Board Member of the UN Global Compact, and Walid Nagi, Manager CSR and Corporate Communications at the Al-Mansour Holding and UNGC Regional Networks Manager MENA and Europe, talk about the drastic social changes, the examples companies can provide, and the importance of the business sector for sustainable development in the MENA region. more[...]
In this edition of Smith Business Close-Up with the University of Maryland's Robert H. Smith School of Business, Shreevardhan Lele, Tyser Distinguished Teaching Fellow of Decision Sciences, discusses what responsibility BP has as a company in the oil spill. more[...]
This essay traces the impact of human development on political change, focusing on the events of the Arab Spring. Over the past generation, most Arab States experienced rapid progress in human development outcomes, including declining child mortality, increasing schooling and increasing height of women. I posit that improvements in human development laid the foundation for mobilization against political regimes. more[...]
It was a humiliated Arab youth – the Tunisian Mohammed Bouazizi from the desolate village of Sidi Bouzid – who, in immolating himself, sparked a revolution that engulfed his country, spread to Egypt, and has gripped the entire Arab world. It is the first revolution to happen in the Arab world for some time, certainly one led by youth, and it is the first in which the spirit of revolution was spread through such social media instruments as Facebook and Twitter. more[...]
Until very recently, the countries of the Middle East and North Africa (MENA) region had not indicated any serious interests in the use of renewable energies, as these technologies were considered insufficient, irrelevant, and expensive. Countries with oil or gas became rich by exploiting their fossil fuel reserves, while the other countries claimed to be too poor to be able to afford wind or solar power. This picture changed in 2008 when the price of a barrel of oil climbed to $140. more[...]
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