The new subsidiary, Gulfsands Middle East Limited (“GMEL”), will be the Group’s Middle Eastern hub. Through the office, Gulfsands plans to step up business development activities in the MENA region and we are very much looking forward to building relationships across government as well as the energy and business sectors in the UAE over the coming months. We will also promote our initiatives to return to operations in Syria – with international support and in a way that benefits all Syrians.
It was a pleasure to host our distinguished guests, including notable personalities from the energy, banking, investment, and media sectors. Mark Cutis, GMEL Deputy Chairman welcomed the guests and briefly outlined the Company’s humanitarian initiative in Syria. Gulfsands Group CEO, John Bell discussed the Company’s broader strategy and its objectives for establishing a business hub in the UAE. We were honoured to have The Rt. Hon Charles Hendry, former Minister of State for Energy of the United Kingdom as our guest speaker, and appreciated his insights into recent geopolitical developments including their impact on climate diplomacy.
The opening of this new business hub is just one element of Gulfsands’ commitment to the UAE and the region. Gulfsands is also eager to help to create a better future for Syria and its people and will proactively work with all relevant stakeholders towards finding a political solution to the crisis there. The oil and gas industry can – and should – take a leading role in early recovery efforts and Gulfsands looks forward to contributing to this process.