Month: January 2023

BharatBenz Introduces High Performance Construction and Mining Trucks at Bauma CONEXPO INDIA 2023

• 35T 8X4 mining tipper with enhanced power of 320 HP showcased

• BharatBenz’s most comprehensive range from 6×4 to10x4

• BharatBenz 48T with best-in-class fuel efficiency also displayed

• BharatBenz mining trucks deliver best-in-class fuel efficiency and uptime

• Simulated Driving Trainer (SDT) program introduced

 

Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, has strengthened its product offering for the Construction and Mining sector with the BharatBenz 3532CM mining tipper, 2832CM mining tipper and 5532 Tip Trailer. The entire truck model range is on display at Bauma CONEXPO India 2023 in Greater Noida. The new model range comes with a more powerful 320 HP BSVI diesel powertrain, providing high wheel-end torque required to negotiate tough, gradient mining roads. The vehicles come with industry-leading body capacities, benefiting customers in the mining sector. Also on display at the exhibition was the new BharatBenz 48T rigid tipper and 28T RMC.

BharatBenz offers a wide range of tipper products starting from 6-wheeler 13T medium duty trucks to 22-wheeler 55T trucks (tip trailers). These trucks are used in extensive applications including surface construction, mining, irrigation/tunneling and intra-city distribution. BharatBenz’s new generation products are transforming the RMC (ready mix cement) application with engine-driven PTO solutions suiting every concreting requirement.

Mr. Rajaram K, Vice President – BharatBenz Marketing, Sales and Customer Service said, “BharatBenz has proven its dominance in the heavy-duty truck segments, especially in the Construction and Mining sector. Our product range is designed to contribute towards nation-building and has been key to several infrastructure-related projects across India. In mining,

ALLEN Digital’s Early Bird-fee Benefit Till Feb 4

ALLEN Digital Department of ALLEN Career Institute Pvt. Ltd. is giving early bird-fee benefits to students who register by the due date.

ALLEN Digital, Head, Anand Maheshwari told that the admission session has started. There is enthusiasm among students and parents regarding admission in ALLEN Digital Courses. A start is being made to build the career of the students by joining the courses of ALLEN Digital.

Students are getting registered for the engineering entrance exam JEE, medical entrance exam NEET, Olympiad, and classes 6 to 10 for JEE and NEET foundation. Keeping in view this enthusiasm of the students to take admission, the benefit of early bird fee-benefit is being given till February 4 for all the courses from classes 6 to 12. This benefit is being given on admission for the session 2023-24.

ALLEN Digital initiative has been taken by ALLEN to increase access to students of remote areas, helping students who are not able to study outside their village-town due to financial conditions or any other adverse situation. Here, with the help of technology, quality content is being made available to the students at their homes.

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(Disclaimer: The above press release comes to you under an arrangement with NewsVoir India and this publication takes no editorial responsibility for the same)

JalTara Jalna Maharashtra Project a Lifetime Gift to Keep Devastating Water Crisis at Bay – An Art of Living Initiative

BENGALURU, India, Jan. 30, 2023 /PRNewswire/ — Water is vital to the existence of all beings. However, 54% of India’s population has inadequate water supply to meet their basic needs. To even ignore the essence that it provides to human life is malfeasance. Unchecked rapid economic development has negatively impacted mother nature. The focus has been on economic growth but need more on human development, aligned with social and environmental goals as well. This development has to be subsequent in reaping economic benefits while maintaining the environment’s resources.

Exploited natural resources, like rivers, water bodies, soil etc., pay for the cost of this rapid development.

The JalTara Jalna Maharashtra Project

The Central Ground Water Board (CGWB) conducted meaningful studies to analyse and interpret the trend levels of water consumption and availability in the wells across India. The results within Maharashtra concluded that 75% of the wells in the pre-monsoon period had shown a descending trend of 0.1 meters per year. Similar results were demonstrated in approximately 55% of the wells in the post-monsoon period. This projection, validated the reasons why a comprehensive stable groundwater recharge plan was needed, and thus JalTara project was implemented in Jalna.

The main focus is the most water-starved regions of Maharashtra during 2021 and 2022. Projected benefits were transformed into reality when simple, scalable, yet massively impactful 4×4 feet wide and 6 feet deep groundwater recharge pits were dug & filled with rocks, pebbles, and sand, in approximately 19,000 acres in the region. The project validated the hypothesis of ‘one recharge pit per acre’ in bringing large increases in village water capacity, farmer incomes and prevention of crop spoilage due to waterlogged fields.

Process followed as a part of JalTara

A three-pronged community approach starting with JalTara sevaks training, followed by farmer’s mobilization & finally digging/filling the pit has been designed and being implemented for JalTara groundwater conservation projects at a village level. JalTara Team Experts spearheading the process are dexterously providing solutions in a scientific manner that prioritize large area treatments to restore water systems in targeted areas – by digging approximately 500 pits per village. The focus resided on learning how to scale to 1,00,000 villages within 5 years to solve the immediate water needs of rural communities by ensuring access to sustainable sources of groundwater. With the help of a developed scalable framework, the project now aims to reduce any probable drought impact by circulating the groundwater from its excessive presence to where it is needed.

Positive Outreach of JalTara in Jalna

After a successful project implementation, under the guidance of Art of Living, more than 30.3 crore litres of groundwater were added per village. The effectiveness of this scientific approach was visible even to untrained eyes. Still, the impact was also significant for the individual farmers and villagers to start taking care of their lands with availability of water for multiple growing seasons.

As a result of heavy rains, plots that were earlier flooded for 15-20 days a month were now fully drained of water within two days, saving the crops from getting spoiled. As an additional recovery of crop sabotages, farmers started to sow more crops that boosted land productivity. A jump of 120% in the farmer’s income with a subsequent 42% rise in the crop yield was witnessed. An increase of 14 feet was observed in the water levels, with a 100% reduction in crop spoilage due to water logging.

Several water projects were implemented in the wake of severe drought conditions in Maharashtra and neighbouring regions. However, JalTara reaped the most effective results in the simple, scalable approach and powerful scientific techniques merged with the relentless hard work of volunteers at Art of Living led the project to fulfil the initial motive, and still strive to eliminate the water dilemma from Indian land.

(Disclaimer: The above press release comes to you under an arrangement with PRNewswire India and this publication takes no editorial responsibility for the same)

Bhaichung Bhutia’s academy is set to organize football trials in DELHI

Bhaichung Bhutia Football Schools (BBFS), powered by enJogo, will conduct trials for its residential academies (boarding schools with football training) in SKV Andrews Ganj, New Delhi on 29th January 2023.
BBFS aims to reach out to football aspirants across the length and breadth of the country through its latest initiative – 100 Trials. 100 Cities. Unlimited Dreams.
The Technical Team has shortlisted 100+ Indian cities to conduct trials based on football popularity and select the best young players for BBFS Residential Academy.
BBFS is India’s largest football academy and already provides over INR 2 Crores worth of scholarships for talented footballers under its residential program. There are opportunities to gain up to 100% scholarships covering academics, training, food, lodging, and competitive exposure.
“This is just the beginning. As our operations grow, we will keep on adding more venues to the list. Eventually, the plan is to cover every district in India,” said Kishore Taid, Co-founder and CEO of Enjogo and Bhaichung Bhutia Football Schools.
BBFS Residential Academies are operational across five cities – Delhi, Maharashtra, Meghalaya, Hosur, and Kerala. The trials will happen in two phases – regional and national. After selection in the first phase, the selected footballers will travel to one of the BBFS Residential Academies for the final round.
“We want to reach out to every youngster and allow them to represent us. Through the trials, we aim to find talented footballers and provide them an ideal pathway to reach the top,” said Bhaichung Bhutia, India’s longest-serving football team captain and the Co-founder of BBFS.
BBFS has developed a robust scouting network where many academy players have played for the India age-group teams, Indian Super League, I-League, and Santosh Trophy teams. Gaurav Bora (Northeast United), Rohit Kumar (Bengaluru FC), Aashique Kuruniyan (Indian national team), and many other international stars started at BBFS and have risen through the ranks.
Players born between 1st January 2006 to 31st December 2013 are eligible to participate in the trials. The reporting time for the trials is 8:30 AM IST. Footballers must carry their kits and a valid Government ID. A registration fee of INR 100/- is applicable for all attendees.
Download the Enjogo app on your phone and register online for the Delhi trials.

Alkem becomes First Indian company to launch novel antibiotic for Multiple drug resistance (MDR) infections

Alkem (Intenza, critical care division) has announced the launch of its novel anti-infective in India under the brand name Zidavi. This is in line with company’s endeavour to ensure affordability, accessibility, and availability while saving the lives of critically ill patients.
Zidavi, which is a novel combination of ceftazidime and avibactam, is recommended by the Infectious Disease Society of America (IDSA) and the Indian Council of Medical Research (ICMR) as a preferred treatment against OXA-48-like and Klebsiella pneumoniae carbapenemase (KPC)-producing carbapenem-resistant Enterobacteriaceae (CRE) for pyelonephritis or Complicated Urinary Tract Infections (cUTI) and in other CRE infections caused by KPC and OXA-48 producers. 
With the rise in infections caused by carbapenem-resistant Gram-negative organisms in India, there is a need for more effective antibiotic treatment. The available evidence suggests that Zidavi (ceftazidime-avibactam) is a potential therapeutic option for the treatment of infections complicated by multi-drug resistant (MDR) organisms. This combination has also been approved by the U.S. Food and Drug Administration (USFDA), European Medicines Agency (EMA), and Central Drugs Standard Control Organisation (CDSCO) as an effective alternative to meropenem and colistin in hospital-acquired pneumonia (HAP) and complicated intra-abdominal infections (IAIs).
Zidavi 2.5g (ceftazidime and avibactam) for infusion is available as a sterile powdered concentrate for reconstitution. Each single-dose vial contains ceftazidime pentahydrate equivalent to 2g ceftazidime and avibactam sodium equivalent to 0.5g avibactam. It is available at an affordable price of Rs. 2,700/vial. Zidavi’s strength lies in its indigenously developed (Active Pharmaceutical Ingredients) API, which is manufactured in the company’s state-of-the-art manufacturing plant in Sikkim.
“With the launch of Zidavi, our aim is to ensure that Alkem continues to remain at the forefront while partnering with clinicians for saving lives,” said company spokesperson. 
Combination therapy with ceftazidime-avibactam presents a promising therapeutic option for the treatment of infections complicated by MDR Gram-negative pathogens & all the evidence favors the use of Zidavi (ceftazidime-avibactam) in the Indian setting.
Alkem is a leading Indian global pharmaceutical company that manufactures and markets biosimilars and pharmaceutical formulations in India and across the globe.

Wales’ Hockey Team Share Skills with 7,000 Children Ahead of World Cup Match with India

Wales men’s field hockey team delivered an interactive and engaging afternoon to 7,000 school children from across Odisha as they continue their quest at the 2023 FIH Hockey World Cup.

 

The session was delivered at the Kalinga Institute of Industrial Technology in Odisha, ahead of the Wales v India clash on Thursday 19 January. Fun was had where students from across the region were treated to hockey practice with players and learnt about the international study opportunities available in Wales.

 

The lead sponsor, Study in Wales, hosted the event alongside the hockey team. The partnership seeks to bring education and sport together and will see engagements with international education institutions and their students in and around the tournament locations.

 

50 schools across the state of Odisha were in attendance, with students from various state, national and international boards ranging from grades 9 to grade 12. The students took part in an interactive Q&A session and were amazed as they heard of the experiences of Welsh players who studied at Welsh universities. The number of Indian students choosing Wales to further their education has been increasing year-on-year since the introduction of the Graduate Immigration Route in 2019, which allows students completing an undergraduate or postgraduate degree to apply to stay and work, or look for work, in the UK for two years.

 

For those particularly interested in hockey and other sports, either as a study option for a professional career, or just for fun and leisure, Wales has plenty to offer its international students. From state-of-the-art pitches and equipment to social sessions and university tournaments, there are endless opportunities to pursue sport.

 

Study in Wales is part of the Taith funded Global Wales programme, which promotes Wales’ universities and colleges internationally and supports the development of international education and research partnerships; the Study in Wales brand forms a core part of Global Wales’ strategy to promote Wales to the world, by building partnerships and sharing study opportunities. The Study in Wales and Hockey Wales partnership is driven by the shared desire to inspire change, and both organisations fully support promoting Wales as a country that has a strong focus on equality, diversity, and inclusion.

 

Laura Fergusson, Head of Markets and Operations at Global Wales said, “Today's event demonstrates perfectly why this partnership is so important. Bringing 1,500 children together through the power of education and sport will help inspire our future generations to bring their education to Wales, and possibly even find some future international hockey players!”

 

The relationship between Hockey Wales and Study in Wales is also strengthened by relationships with the players themselves. Several members of both the men’s and women’s squad studied at Welsh universities, and men’s team captain Luke Hawker is employed as a senior lecturer in Sport Coaching at Cardiff Metropolitan University.

 

Luke is relishing the opportunity to play India on their home turf. He said, “India is the one we’ll be looking forward to the most, playing India in India is probably an unrivalled experience. I came to study in Cardiff and it wasn’t until I started playing hockey regularly as a third year student there, I then got invited into the Senior Wales Programme. Wales is special because of the environment, the city, coastlines and the major sporting events on your doorstep. Coming to Cardiff for me, was moving to a big city, it had a big feel to it, but actually it was more. It has those values associated with being a connected, close-knit community that has enabled success.”

 

Wales took on home nation rivals England in their first match of the World Cup on Friday 13 January, followed by Spain on Sunday 15 January and India on Thursday 19 January.

 

Wales took on India on Thursday 19 January.

 

To find out more about studying in Wales and further information about Wales’ universities and colleges, visit the Study in Wales website.

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(Disclaimer: The above press release comes to you under an arrangement with NewsVoir India and this publication takes no editorial responsibility for the same)

CHEP accredited as a Top Employer in India

Awarded Top Employer certification in 25 countries and recognised as a Global Top Employer in 2023

CHEP, a global leader in supply chain solutions, has been certified as a Top Employer in India for 2023 by Top Employers Institute, a global certifier recognising excellence in employee conditions.

This year, CHEP, as part of the Brambles Group, was among only 15 organisations to receive the Global Top Employer certification, which is awarded to companies demonstrating outstanding HR policies and practices worldwide.

Human Resources Vice President for CHEP Asia Pacific, India, Middle East, Tὓrkiye and Africa, Victoria Pickles, says, “We are immensely proud to have achieved global recognition for the first time from Top Employer. We create a working environment that supports our employees and rewards excellence, honesty, mutual respect, and fairness. We thank all our employees for their significant efforts and engagement in building CHEP into the organisation it is today. It is through the collective efforts of our teams working every day towards creating the best possible employee experience for our people that has made this possible. The certification recognises the ongoing efforts we are applying to building a safe, inclusive and respectful workplace that offers employees a purposeful and fulfilling experience. Our people first policies are creating an environment where innovation, diversity and growth are encouraged and we are proud to be on this journey together.”

Megeshni Archary, Vice President for CHEP India, Middle East and North Africa recognises that its people are its most valuable asset. “At CHEP, we have achieved high employee engagement by aligning our organisation's purpose with those of our people. We understand that employee engagement is key to delivering effectively for our customers and all our stakeholders,” says Mrs. Archary. “With our sustainable share-and-reuse business model, our development initiatives, and our diversity-and-inclusion programmes, we believe we are building a company that our employees are proud to be part of. We continuously strive to be the best company to work for across all our offices around the world.”

The Top Employers Institute programme certifies organisations based on the participation and results of their HR Best Practices Survey. This survey covers six HR domains consisting of 20 topics including People Strategy, Work Environment, Talent Acquisition, Learning, Diversity & Inclusion, Wellbeing and more.

In 2022, CHEP achieved 33% of women in management roles globally and reached 40% female representation on its Board. Following an increased focus employee health, safety and wellbeing, the company recorded an 18% improvement in its Brambles Injury Frequency Rate (BIFR) performance, reflecting the targeted efforts to reach Zero Harm across global operations with the rollout of its Safety-First roadmap.

Top Employers Institute CEO, David Plink, said, “Exceptional times bring out the best in people and organisations. And we have witnessed this in our Top Employers Certification Programme this year: an exceptional performance from the certified Top Employers 2023. Amongst this community of outstanding organisations, CHEP has proven its commitment to employees on a global scale. This consistency in people practices across the globe characterises an exclusive group of companies that have achieved a global certification through the Top Employers Programme. We are proud to announce and celebrate these companies and their achievement in 2023.”

Globally, CHEP has been recognised as a Top Employer in 25 countries including Australia, Argentina, Belgium, Brazil, Canada, Chile, Czech Republic, France, Germany, India, Ireland, Italy, Malaysia, Mexico, Namibia, New Zealand, Poland, Saudi Arabia, South Africa, Spain, Swaziland, Thailand, Zimbabwe, United Kingdom and United States, while also earning the regional Top Employer seal in Africa, Asia Pacific, Europe and Latin America.

(Disclaimer: The above press release comes to you under an arrangement with PRNewswire India and this publication takes no editorial responsibility for the same)

ISS India Aims for Growth through Innovation and Technology Partnerships; Recent MoU with SINE IIT Bombay to Support Start-ups

ISS Facility Services India, a subsidiary of the global facility management services and workplace experiences leader ISS A/S (ISS Group), and one of India’s leading integrated facilities management companies, recently signed a Memorandum of Understanding (MoU) with IIT Bombay’s Society for Innovation and Entrepreneurship (SINE), an umbrella organization at IIT Bombay for fostering entrepreneurship and nurturing tech startups.

 

In a recent round table with media, Mr. Aksh Rohatgi, CEO and Country Manager of ISS India elaborated on the collaboration and ISS India’s plans for the future, “The Facility Management industry in India is 10 billion US dollars, a huge industry that is highly fragmented. Our focus is to be the industry leader in our chosen segments which are: industry and manufacturing, banking, and business services & technology. These three segments hold huge opportunities and our focus is to grow in India. We are following a strategy of 25 by 25 and are confident of achieving success.”

 

“Our MoU with SINE is a really important step for us. We believe that supporting and investing in the ideas and potential of these bright minds will not only drive economic growth, but also help pave the way for a brighter future for the world and especially support India in its quest of Aatmanirbharta (Self-Reliance). We are confident that a lot of solutions will emerge for the Facilities Management industry which is currently undergoing transformation with rapid infusion of technology into various facets of the business. ISS has been laser-focused on sustainability and sustainable business practices and we are excited to see how ideas emerge to take businesses to progressively higher levels of sustainability,” Mr. Rohatgi added.

 

Through the new collaboration, ISS and SINE will be developing joint accelerator and incubation programs to support innovators and start-ups. These programs will provide access to resources, mentorship, and funding opportunities, including Proof of Concept (POC) funding, Corporate Social Responsibility (CSR) funding, seed support, market outreach, and early adoption options.

 

Recently, the company had also collaborated with Delhi Skill and Entrepreneurship University (DSEU) to train students enrolled in BBA (Facilities & Hygiene Management) Program and started a Facility Management Lab at the DSEU campus which complements the skill development process with the tools and technology required for the sector.

 

Mr. Rohatgi also elaborated on the in-house development of technology. With technology and innovation at the core of its business, ISS has created a workplace experience app with the idea of transforming the way workplaces operate. With its powerful features, desk booking, meeting room booking, wayfinding, events, news feed and push notifications ISS Workplace App helps to manage everything in one place. The application also allows users to receive push notifications about upcoming events or important news. With the help of this application, one can stay up-to-date with all the latest changes in the workplace. This makes it easier for them to stay productive and efficient while at work.

 

The ISS Workplace Application is the perfect tool for companies looking to curate their employee experience. App’s features combine to provide employees with the assistance they need when getting around the workplace. From finding their way around unfamiliar spaces to grab their comfortable spaces to keeping up with company news and events, the app enhances the employees’ experience through its easy-to-use interface and convenient services.

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(Disclaimer: The above press release comes to you under an arrangement with NewsVoir India and this publication takes no editorial responsibility for the same)

Optimum Nutrition launches campaign #thereismoreinallofus focussed on female athletes

Women's fitness and nutrition takes centre stage via this campaign

NEW DELHI, Jan. 27, 2023 /PRNewswire/ — World's #1 Sports Nutrition brand, Optimum Nutrition® launched a campaign to highlight its partnership with three exceptional female athletes, Priya Punia, Afshan Ashiq, and Sangeeta Phogat. They are all at the top of their respective sport and have joined the Optimum Nutrition® team as part of the initiative to shine a light on the achievements of Women athletes in India and to help promote the importance of proper nutrition for female athletes as well as for overall wellness and fitness for women.

Speaking on the campaign, ON Brand Ambassador and national cricketing champion, Rishabh Pant said, “When I came on board with Optimum Nutrition®, it was due to a shared philosophy on nutrition and fitness. Seeing this campaign which is a testament to the indomitable spirit of Indian sports women, that pushes them to do MORE, to go beyond their limits so that the world will have no other choice but to sit up and take notice, my belief in their ethos is cemented further. We need to make good nutrition inclusive and gender-neutral. Women athletes from across India have a long way to go here and I am really glad that ON has taken this first step to work closely with them.”

Satyavrat Pendharkar, Vice President – Glanbia Performance Nutrition India Pvt. Ltd. (South Asia & META), shared his enthusiasm, “We are thrilled to be leading the charge in championing female athletes as ambassadors for our newest initiative. These women are not only talented and accomplished in their respective sport, but they also serve as powerful role models for all individuals, regardless of gender.”

These three athletes who are part of the campaign aptly titled – There is MORE in all of Us; are not only leaders in their respective fields but also serve as role models for young girls across India. They will be working closely with Optimum Nutrition® to educate women about the importance of the right kind of nutrition and to encourage them to optimise their performance with the same.

The video campaign is a well-crafted narrative that features the three athletes in a gritty, inspirational avatar. The central premise of the video is that the value of an athletic medal is immune to the gender of the athlete, over and above that, it is a matter of great national pride. The video seeks to inspire viewers by showing the strength and determination of these women who are shaping the path for women's sports in India.

Sangeeta Phogat is a champion in the field of women's wrestling and a favourite to represent India in the 55KG category at the upcoming Olympic Games, in 2024. She spoke about her partnership with Optimum Nutrition, “For me, as an athlete, having a balanced and protein-rich diet, especially being a vegetarian, is extremely important. To compete and excel against the world's best, I personally trust and use Optimum Nutrition for my protein needs and like me, for over 35 years, the world's best athletes have trusted it.”

Afshan Ashiq was among the first female footballers out of Kashmir. She also started an academy for girls in Kashmir and was honoured as a Fit India ambassador and appreciated by the Hon'ble Prime Minister of India, Shri Narendra Modi. In her early days as a professional footballer, Afshan found it challenging to stay fit during the off-season, this is where she began to realize the importance of nutrition. She found that with the right nutrition, she could train longer and recover faster. Afshan said, “It is hard for female athletes in India to access the right kind of nutrition, there is also a lack of awareness about this. I am grateful that Optimum Nutrition has supported my nutritional needs and this had a huge impact on my fitness. Optimum Nutrition's objective to grow and educate female athletes on the importance of nutrition resonated with me as they have stood by several young athletes over the last 35 years.”

Priya Punia, a promising cricketer and capped Indian player, who debuted in 2019 with a match-winning, unbeaten half century against South Africa, is also featured in the campaign. The right hander has endured a challenging journey, from having to move to Delhi to pursue cricket, to losing her mother during the Covid pandemic. However, her resilient character and supportive family have allowed her to stay consistent. She shared her fitness philosophy, “We athletes have a rigorous schedule of playing and working out and therefore an increased need for protein. Protein is a very important component of our fitness and recovery. Irrespective of whether it is a male or female sportsperson, everyone needs to have an effective recovery and nutrition. I have been a long-time user of Optimum Nutrition Gold Standard 100% Whey as it is the world's #1 sports protein powder, and it was recommended to me by a lot of my fellow athletes.”

Checkout the campaign video: https://youtu.be/udqQWTGw_tE

(Disclaimer: The above press release comes to you under an arrangement with PRNewswire India and this publication takes no editorial responsibility for the same)

Government of Sharjah Honours Partners With NFT Plaque Using SBT Technology for their Support at GITEX Global 2022, becomes world’s first to do so

• Sharjah is the first in the world to introduce NFTs with SBT technology, raising the bar for advanced digital transformation.

SHARJAH, UAE, Jan. 26, 2023 /PRNewswire/ — The Higher Committee of the Government of Sharjah at GITEX Global 2022 honoured participants, supporting entities, departments, and media outlets for their contribution to the success of Sharjah's participation in the global event. 

 Sheikh Saud bin Sultan Al Qasimi, Chairman of the Higher Committee for the Government of Sharjah at GITEX Technology Week 2022 and Director of the Sharjah Digital Office, gifted the supporting entities non-fungible tokens (NFT) in the form of digital trophies using Soulbound Tokens (SBT), replacing physical appreciation plaques and marking a global-first for the emirate. The trophies will be stored in a digital ledger whose identity can be verified via the blockchain system.

SBTs are digital identity tokens signifying traits, features, and achievements that make up a person or entity. SBTs are issued by 'Souls,' representing blockchain accounts or wallets, and cannot be transferred or sold.

Sheikh Saud bin Sultan Al Qasimi said: “Based on the vision of His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, our efforts continue to focus on the development of sustainable growth across all sectors. In line with the technological evolution we are witnessing, we have replaced traditional appreciation plaques with sustainable digital assets to honour our partners, becoming the first in the world to do so.”

Commenting on the participation of the Government of Sharjah at GITEX Technology Week 2022, Sheikh Saud continued: “We welcomed senior officials from the UAE and from around the world, organising 12 workshops to discuss the adoption of the latest technologies and our commitment to digitalisation and global technological trends.”

(Disclaimer: The above press release comes to you under an arrangement with PRNewswire India and this publication takes no editorial responsibility for the same)