Apr 25 2012
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Bee'ah Board of Directors review Q1 financial statements & key projects for 2015 target of zero waste
Board Meeting Also Approves Increase Work Benefits For Bee'ah Employees Inline With Sharjah Government Directives
Sharjah, UAE - 25 April, 2012: Bee'ah - the Middle East's leading and award-winning integrated environmental and waste management company - Board of Directors held a meeting yesterday to review the financial statements of the first quarter of 2012, and to evaluate new revenue streams for Bee'ah to set forth plans for the 2015 vision.
The meeting was chaired by the Chairman of Bee'ah, His Excellency Salim Al Owais along with Eng. Sultan Al Mualla, Vice Chairman of Bee'ah and Director General of Sharjah City Municipality , Mrs. Randa Kamal, Board Member and Chief Executive Officer of JMS, Sheikha Dr. Rasha Al Qasimi, Board Member and Assistant Director General for Health, Environment & Quality Affairs of Sharjah Municipality , as well as Mr. Khaled Al Huraimel, Chief Executive Officer of Bee'ah.
With over three years of operational experience, the Bee'ah Board of Directors has set key targets paving the way for the company to turn into the profitability phase in 2012. The Board also reviewed and approved the strategic plans set towards achieving its 2015 vision of zero-waste to landfill in the Emirate of Sharjah, which include projects such as setting up a waste-to-energy operation and the installation of Air Quality monitoring systems in Sharjah, in addition to other key endeavors Bee'ah aims to embark upon in the coming years.
Furthermore, the Board of Directors accepted the provision of essential funds for establishing the "Gulf Ecosystem Research Center", in partnership with the American University of Sharjah (AUS), while also agreeing that the setup of Air Quality monitoring systems in Sharjah will be operated and managed by the research center itself, in an effort to lead to even more enhancements in the UAE and Sharjah environment.
He added: "Of course, there are many more milestones and the list is growing day by day, and every team at Bee'ah has contributed in one way or another to making Bee'ah the company it is today."
In line with the directives of His Highness Sheikh Dr. Sultan Bin Mohammed Al Qasimi, Member of the Supreme Council of the UAE and Ruler of Sharjah, which was set at the beginning of 2012, to increase all salaries of government employees in Sharjah; it was also announced that all employees at Bee'ah will receive a base salary increase starting from May 1st, 2012 along with other benefits, in reflection of the company's performance.
Bee'ah, headquartered in the Emirate of Sharjah, is an integrated environmental and waste management company, founded in 2007, through an Emiri decree by His Highness Sheikh Dr. Sultan Bin Mohammed Al Qasimi, as a public private partnership (PPP) with the Sharjah City Municipality .
Bee'ah touches and transforms thoughts, attitudes and behaviours in individuals, communities, businesses and cities enabling them to lead positive sustainable growth by providing the infrastructure, tools and support that they require to achieve their environmental goals.
Bee'ah, through adopting international best practices, aims to enhance the environment and achieve added-value commercial ventures, while upholding its commitments to stakeholders.
In 2011, Bee'ah received the facilities management Award for "Best Waste Management Company in the Middle East" and the Arabia CSR Award for "Best Newcomer in CSR in the Middle East".
© Press Release 2012
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