Latest news with #Khalaf

[Photo News] MetLife CEO reaffirms Korea focus

Korea Herald

5 days ago

Business
Korea Herald

[Photo News] MetLife CEO reaffirms Korea focus

MetLife President and CEO Michel Khalaf speaks during a town hall meeting with employees at the insurer's Korean headquarters Thursday in Seoul, marking his third visit to the country. Khalaf reaffirmed the New York-based insurance group's commitment to Korea, calling it a key market and the company's fifth largest. 'We see ourselves playing a pivotal role in helping our customers plan for the future, and we've built a highly professional team to deliver on these ambitions in Korea,' he said. (MetLife Korea)

Cairo Capital Developments delivers first phase of Lake West 1

Daily News Egypt

20-07-2025

Business
Daily News Egypt

Cairo Capital Developments delivers first phase of Lake West 1

Cairo Capital Developments has announced the delivery of the first phase of its flagship residential project, Lake West 1, located in Sheikh Zayed City. Yasser Khalaf, Chairperson of Cairo Capital Developments, said the Lake West project spans 43 feddans on Waslet Dahshour Road and is being developed entirely through self-financing. Comprising two phases, the first has already been handed over to residents, while the second phase is on track for completion within the next two months. The upcoming phase includes 123 villas and is being executed by Cairo Capital Contracting—a sister company with over 30 years of experience in the Saudi market, Khalaf noted. He added that 96 villas from the first phase have been delivered and are now occupied, emphasising the company's commitment to maintaining the highest construction standards as it completes the remainder of the project. Positioned as the largest development on the Waslet Dahshour Road, Lake West is set to become a model residential community in this prime West Cairo location. Khalaf concluded that Cairo Capital Developments is simultaneously working on four projects in Sheikh Zayed City as part of an ambitious expansion strategy. These projects, he explained, are diverse in scope and designed to meet a range of market needs, reflecting the company's commitment to strengthening its presence in one of West Cairo's most promising real estate markets.

Cairo Capital Developments Completes First Phase of Lake West 1

Economic Key

20-07-2025

Business
Economic Key

Cairo Capital Developments Completes First Phase of Lake West 1

Cairo Capital Developments has announced the completion of the 1st phase of its Lake West 1 project—one of the company's flagship residential developments in Sheikh Zayed City. This milestone underscores the company's strong commitment to delivering quality and upholding the highest standards for its clients. Yasser Khalaf, Chairman of Cairo Capital Developments, stated that the successful handover of 1st phase, which received high praise from clients, reflects the company's dedication to meeting delivery deadlines and providing top-tier quality. He noted that the Lake West project is strategically located on Waslet Dahshour and covers an area of 43 feddans. The development offers a wide range of services and is being executed through self-financing. It comprises two phases, with the first already delivered, and the second currently underway and scheduled for handover within two months. This upcoming phase includes 123 villas and is being implemented by Cairo Capital Contracting—a sister company with over 30 years of experience in the Saudi market. The firm holds a Grade A classification, underscoring its strong track record, operational scale, and technical expertise, Khalaf added. He added that 96 villas have already been delivered and are now occupied by residents, pointed out that the company is working at full capacity to complete the second phase soon, maintaining the highest standards of quality. As the largest project on the Dahshour Link Road, spanning over 43 feddans, Lake West is positioned to become a model residential community in this prime location. He said, 'Commitment goes beyond just meeting delivery deadlines — it extends to precision in details, high-quality finishes, and providing a fully integrated and secure residential environment. These elements are the cornerstone of any successful and sustainable real estate project.' He concluded that the company is currently working on four projects simultaneously in Sheikh Zayed city, as part of an ambitious expansion plan aimed at strengthening its presence in one of the most attractive real estate investment areas in West Cairo. These projects are diverse in nature, designed to meet various needs and cater to a wide range of customers. تم نسخ الرابط

The Star

11-06-2025

Business
The Star

Syrian airline Fly Sham launches 1st commercial flights from Damascus to UAE

DAMASCUS, June 11 (Xinhua) -- Syria's newly established airline Fly Sham launched its inaugural commercial flight Wednesday from Damascus International Airport to Abu Dhabi, marking the first phase of what officials describe as a major expansion in air travel connectivity, according to the state news agency SANA. Fly Sham, a Syrian-registered carrier backed by Emirati investment, currently operates four aircraft, with plans to grow its fleet to 15 by the end of the year, according to the airline's commercial director, Hamdi Khalaf. "This is the first Emirati investment to move from planning to actual implementation in Syria," SANA quoted Khalaf as saying. "We're a supportive partner to the national airline and aim to provide a reliable alternative." In addition to Abu Dhabi, the airline also launched a flight to Sharjah on its first day of operations. Khalaf said plans are underway to expand routes to Saudi Arabian and European cities in the near future. The launch of the commercial flights comes amid growing demand for air travel to and from Syria, officials say.

Bahrain Expands Midday Work Ban to Three Months

Daily Tribune

10-06-2025

Climate
Daily Tribune

Bahrain Expands Midday Work Ban to Three Months

Bahrain has extended its annual midday work ban to three months, effective from June 15 to September 15. The move, announced by His Excellency Mr. Yousif bin Abdulhussain Khalaf, Minister of Legal Affairs and Acting Minister of Labour, underscores the Kingdom's ongoing commitment to occupational safety and public health. Under the updated Ministerial Order No. (3) of 2013—recently amended by Order No. (11) of 2025—the regulation prohibits all outdoor work between 12:00 noon and 4:00 p.m., during which temperatures and humidity levels typically peak. 'The extension from two to three months is more than just a regulatory adjustment—it is a proactive measure to safeguard the health of workers exposed to the elements,' said Minister Khalaf. 'By reducing heat exposure during the most intense hours of the day, we are minimizing the risk of heat exhaustion, sunstroke, and other serious heat-related illnesses.' The Minister added that the initiative forms part of a broader national strategy to modernize labor laws, reduce workplace injuries, and improve overall working conditions, especially during Bahrain's searing summer months. Enforcement of the regulation will be strict, with legal repercussions for non-compliance. In accordance with Article 192 of Law No. (36) of 2012, employers found in violation may face penalties including up to three months' imprisonment, fines ranging from BHD 500 to BHD 1,000, or both. This strengthened policy reinforces Bahrain's role as a regional leader in labor rights, reflecting the nation's broader vision of sustainable development rooted in the dignity and safety of its workforce.