G20 Scientists Discuss Global Food Security

G20 Scientists Discuss Global Food Security
TT

G20 Scientists Discuss Global Food Security

G20 Scientists Discuss Global Food Security

Sustainable agriculture and global food security topped discussions during the 9th meeting of the Agricultural Chief Scientists of the G20, which was attended by guest countries and international organizations to adopt a communique that will be delivered to ministers of agriculture.

The meeting took place in Saudi Arabia's Khobar, during which delegates expressed their intention to boost cooperation in sustainable agricultural productivity and global food security.

Global issues were highlighted, such as the importance of sustainable agriculture development in drylands, promoting agricultural productivity through cutting-edge technologies, and the link between water, energy and food.

The delegates emphasized the role of science in developing affordable and cutting-edge agricultural technologies to improve agri-food systems and address global food security. And further stressed the importance of agriculture in drylands for livelihoods and for global food security, and encouraged ministers to agree on a way forward to develop this.

The attendees noted the need for developing and implementing new agricultural technologies in cooperation with farmers. Adding that it was important for public-sector policy and investment to ensure equitable use of innovative agricultural technologies.

Regarding the global demands on water and energy to meet food production needs, the group agreed on approaching a better understanding of the interdependence of these elements. This is critical for developing policies that enable resources to be used efficiently, to improve livelihoods, ensure food security and optimize sustainable economic benefits



Bahrain’s Investcorp Announces Major Changes in its Executive Team

Bahrain’s Investcorp has more than $52 billion in assets under management (The company’s website)
Bahrain’s Investcorp has more than $52 billion in assets under management (The company’s website)
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Bahrain’s Investcorp Announces Major Changes in its Executive Team

Bahrain’s Investcorp has more than $52 billion in assets under management (The company’s website)
Bahrain’s Investcorp has more than $52 billion in assets under management (The company’s website)

Bahrain’s Investcorp, a leading global alternative investment firm, announced on Monday a major change in its executive leadership team, saying that co-CEO Hazem Ben-Gacem will leave after 30 years as the company embarks on a major management reshuffle in an effort to boost returns.

In a statement, Investcorp said co-CEO Rishi Kapoor had been appointed vice chairman and chief investment officer while Executive Chairman Mohammed Alardhi would assume additional responsibilities previously undertaken by the co-CEOs.

The group has more than $52 billion in assets under management and is known for taking luxury brands public.

Ben-Gacem will leave Investcorp effective Nov. 1, but will continue as vice chairman of investment unit Investcorp Capital, the company said.

As part of the shake-up, Investcorp said it had consolidated and organized its investment activities in three units.

Dave Tayeh is taking the helm of Private Equity and Private Equity like, Herb Myers and Mike O'Brien will be in charge of Real Assets, and Jeremy Ghose will lead the Credit business.

Yusef Al-Yusef will be leading the Global Distribution Platform.

Mohammed Alardhi, Executive Chairman at Investcorp, said: “As we increase our focus on leveraging the strength of our existing investment platform, we recognize it is the right time to broaden our executive leadership to support our future growth plans.”

“Rishi and Hazem have helped lead our business from strength to strength in the last several years after we launched our growth journey,” he added.