The 10 Dynamic Oil & Energy Companies Transforming the Middle East

The 10 Dynamic OIL & ENERGY Companies Transforming MIDDLE EAST Navigating the Future How Technology is Transforming Transportation & Logistics the CHENGDU BEST COMPANY (BESTEBIT) Embracing Innovation and Global Expansion The Last Mile Challenge Strategies for E?cient Delivery in Urban Areas

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FROM THE EDITOR Middle Eastern Frontiers Managing Editor Ryan Parker I ADDRESS: Art and Design Head Mia Jones Business Development Managers Jason Trent, Stacy Walker n an era of continuous advancements and shifting market demands, the importance of dependable transportation and logistics companies in the Middle East cannot be overstated. This region serves as a critical hub for global trade, and its strategic location enhances its role in international supply chains. Business Minds Media Tech LLC. 5830 E 2nd St, Ste 7000 #13042, Casper, Wyoming 82609 United States The most reliable companies in this sector stand out not just for their efficiency but also for their commitment to quality and customer service. These organizations have invested heavily in technology, integrating advanced tracking systems and automated processes to ensure timely deliveries and transparent operations. By harnessing data analytics, they can predict demand fluctuations and optimize their resources, leading to smoother operations and reduced costs. Executives Oliver Fischer info@businessmindsmedia.com +44 20 4577 4296 +1 307 224 9596 Marketing Manager Basma Al Qureshi The importance of sustainability is becoming a defining feature of top-tier logistics firms. Many are adopting eco- friendly practices, such as using electric vehicles and optimizing routes to minimize carbon footprints. This not only meets the growing demand for environmentally responsible solutions but also aligns with global initiatives for sustainable development. Technical Head Anna Turner FOLLOW US ON: Ryan parker - Managing Editor Customer trust is built through consistent performance and open communication. Reliable companies prioritize their relationships with clients, offering flexible solutions tailored to specific needs. Their ability to adapt to changing circumstances, whether due to geopolitical factors or market trends, underscores their resilience and strategic foresight. Digital Marketing Manager Kevin Thompson Circulation Manager Sarah Lopez As the Middle East continues to grow as a vital player in the global economy, the transportation and logistics sector will play an integral role. Companies that prioritize reliability, innovation, and sustainability will not only succeed in meeting today's challenges but will also set the standard for the future of logistics in the region. Account Harry Wood

Table of Profile Cover Story 24 Dr. Khursheed Alam Setting the Pace for Reinvention in Energy Chengdu Best Diamond bit Company (Bestebit) Articles 18 32 Navigating the Future How Technology is Transforming Transportation & Logistics Embracing Innovation and Global Expansion 06 The Last Mile Challenge Strategies for Efficient Delivery in Urban Areas

C O V E R COMPANY (BESTEBIT) Embracing Innovation and Global Expansion 06 06 07 07 www.businessmindsmedia.com www.businessmindsmedia.com www.businessmindsmedia.com www.businessmindsmedia.com

In the world of drill bit C O V E R manufacturing, innovation and global reach are paramount. The industry continuously evolves with advancements in technology and materials, pushing the boundaries of drilling efficiency and performance. Manufacturers strive to enhance their product offerings by incorporating cutting-edge design and manufacturing techniques, ensuring that their solutions meet the highest standards of durability and functionality. As drilling operations become more complex and demanding, the need for reliable, high- quality drill bits that can perform under extreme conditions has never been more critical. Their advancements include the introduction of the Shuriken Reamer and other innovative tools, reflecting a continuous effort to enhance drilling efficiency and performance. Mr. Huang Jian, the Chairman, plays a pivotal role in driving the company's strategic vision and growth. Under his leadership, the company has embarked on an ambitious expansion plan, including new manufacturing facilities and strategic collaborations. His focus on innovation and quality has been instrumental in positioning the company as a competitive player in the global drill bit market. Chengdu Best Diamond Bit Company (Bestebit) was established on July 5, 1999. Since its inception, the company has significantly expanded its presence, serving customers in over 35 countries. With a commitment to high- quality manufacturing, the company has developed a range of drill bit series, each designed to offer improved thermal and impact resistance. Expanding Innovations and Global Reach in Drill Bit Manufacturing Chengdu Best Diamond Bit Company (Bestebit) was established on July 5, 1999, in Chengdu, China, as a manufacturer of steel and matrix body fixed cutter PDC bits. Since its inception, the company has expanded its presence to more than 35 countries. 08 08 09 09 www.businessmindsmedia.com www.businessmindsmedia.com www.businessmindsmedia.com www.businessmindsmedia.com

in the drill bit industry, Bestebit's primary focus is on manufacturing high-quality drill bits designed to compete with global leaders in the drill bit industry. Over the years, the company has optimized its design, materials, and manufacturing methods, implementing robust quality control procedures to ensure top performance in the intended applications. Bestebit has expanded its presence to more than 35 countries, focusing on manufacturing high-quality drill bits designed to compete with global leaders The company's drill bit cutters, essential components in its products, have undergone continuous development to meet the highest performance standards. Initially launching the Eco Series cutters, Bestebit introduced the Mars Series in 2003, the Tiger Series in 2009, the Trident Series in 2015, and the Trident+ Series in 2019. Each new series featured enhanced thermal and impact-resistant properties compared to its predecessors. Additionally, Bestebit has developed 3D- shaped cutters in various forms to further enhance drilling efficiency. In 2014, Bestebit introduced the Shuriken Reamer, a proprietary dog leg reamer incorporating innovative inserts and design methods to improve wellbore C O V E R 010 010 011 011 www.businessmindsmedia.com www.businessmindsmedia.com www.businessmindsmedia.com www.businessmindsmedia.com

in the drill bit industry , smoothness, reduce stress on BHA components, and prevent potential stuck situations. In 2020, the company established a new manufacturing facility for BESTE-DYNA Drill Motors, licensed by Schlumberger, with an annual production capacity of 5,000 motors, ranging from 4-3/4" to 11-1/2". In 2022, Bestebit began manufacturing Schok-Subs, also licensed by Schlumberger, with an annual capacity of 500 units ranging from 6" to 14". C O V E R Bestebit has expanded its presence to more than 35 countries, focusing on manufacturing high-quality drill bits designed to compete with global leaders Advanced Design and Manufacturing Techniques for Drill Bits and Downhole Tools Bestebit has an in-house team of design engineers who utilize the most advanced design software to design and analyze drill bits and downhole tools. The Application team, working closely with sales and field engineers, evaluates tool performance and wear, creates comprehensive design modification plans, and discusses these plans with designers to implement the necessary changes or to develop new designs. The steel used in the manufacturing of bits and tools consists of high-grade alloys, which are additionally heat- treated to enhance strength and durability in harsh drilling environments. New technologies employed in the design and manufacturing processes include reinforcement in the blades to increase strength, high-grade matrix powder to further optimize design strength, high- grade hard-facing materials to improve wear resistance, and CFD optimization to enhance cleaning and minimize erosion. Innovative Cutter Technology and Reaming Solutions The key differentiation between Bestebit and its top competitors in the 012 012 013 013 www.businessmindsmedia.com www.businessmindsmedia.com www.businessmindsmedia.com www.businessmindsmedia.com

C O V E R C H A I R M A N B E S T E B I T Mr. Huang Jian industry lies in the cutter technology used. Traditionally, cutters are pressed at low pressure and then subjected to a leaching process to enhance wear resistance. However, Bestebit does not employ the leaching technique to improve thermal resistance. Instead, the company develops its cutter recipes in-house, using minimal cobalt content and pressing them at significantly higher temperatures and pressures. This approach results in a PDC matrix with more diamond and less cobalt, providing equivalent or better thermal resistance compared to leached cutters while maintaining the same impact resistance as unleached cutters. The manufacturing facilities are certified with ISO9001 for quality control measures. All bits and downhole tools are produced using the highest precision machines, including 3-axis, 4-axis, and 5-axis milling machines. Quality checks are performed at every stage of manufacturing, which allows for corrections as needed and helps avoid any rejection due to quality issues. performance and determine the need for product improvements or the design of new products. Advanced Environmental Management and Facility Upgrades The manufacturing facility constantly upgrades machines and equipment to the latest technology available, enhancing efficiency to minimize energy consumption and environmental impact. The brazing area, die check area, grinding area and painting area are contained to prevent harmful fumes and metal dust from spreading within the indoor environment. The fumes are filtered through multiple stages to remove toxins and dust, with the clean, filtered air being exhausted outside. All waste is segregated and disposed of according to local regulations. The manufacturing facilities are fully certified to ISO14001, meeting environmental standards and local environmental regulations. Customer Feedback and Product Evaluation Process After every bit run, the field engineer is required to have the Customer Feedback Survey form completed by both the rig foreman and the directional driller. This form includes evaluations of product performance, product compatibility, service quality, HSE (Health, Safety, and Environmental) standards, and overall satisfaction with the product. The collected data is compiled and analyzed to assess product Additionally, the Bestebit Shuriken Reamer, with its proprietary design characteristics, offers the advantage of reaming with lower torque compared to competitor reamers. ISO9001 Certified Precision Manufacturing and Quality Control 014 014 015 015 www.businessmindsmedia.com www.businessmindsmedia.com www.businessmindsmedia.com www.businessmindsmedia.com

Strategic Expansion and Product Line Development Strategic Hiring and Internal Promotion Practices Bestebit is continuously growing with an aggressive expansion plan to become one of the top five companies in the oil and gas industry. The company has recently established a new manufacturing facility for downhole tools, including Beste-Dyna Drill Motors, Shock-Subs, Shuriken Reamers, Stiletto Underreamers, and Excite Accelerators. Bestebit has also expanded its collaboration with SLB Technology and is currently working on expanding its manufacturing facility in Saudi Arabia, while a new facility in the UAE is in the commissioning stage. Additionally, the company is working on adding Roller Cone product lines and will incorporate JARS to provide a complete range of products. Bestebit strategically hires graduates and professionals for designated job roles. Fresh graduates are primarily recruited for entry-level positions such as Field Engineer and Shop Floor roles. These new hires undergo extensive in-house and field training programs to gain experience and expertise in their positions. For any available vacancies, internal selection and promotion are given the highest priority. Ongoing Training and Skill Development Programs Bestebit has a comprehensive training program for each job role. Employees are continuously trained to enhance their skills for their current positions and to prepare for potential advancement to higher roles. Bestebit aims to deliver greater value and benefits to customers by offering high-standard quality and a comprehensive product chain. Expansion into Integrated Technical Services for the Petroleum Industry Family-Oriented Culture and Employee Engagement Bestebit is committed to providing high-quality integrated technical services based on its own product chain to customers worldwide and aims to enter the comprehensive petroleum service industry. At Bestebit, a family-type culture is maintained, with top management actively engaged at every level to share success, recognize individual dedication and contributions, and listen to feedback. This approach fosters an additional level of confidence in individuals, encouraging greater dedication and productivity. Commitment to Product Excellence and Rapid Response C O V E R Bestebit always prioritizes providing the right products and efficient services to its clients to earn their trust. The company also listens to customer feedback and implements the necessary changes as quickly as possible. 016 016 017 017 www.businessmindsmedia.com www.businessmindsmedia.com www.businessmindsmedia.com www.businessmindsmedia.com

Navigating the Future Technology Transforming Transportation & Logistics Transportation & Logistics How is T he transportation and logistics sector is experiencing significant changes due to advancements in technology. As companies seek greater efficiency and better service, innovative solutions are reshaping how goods are moved and managed. This article explores various technological developments that are driving transformation in the industry. (AI) can analyze data to optimize the flow of goods. These systems adjust to changing inventory levels in real time, ensuring that products are stored and retrieved efficiently. As a result, warehouses can achieve higher throughput and better manage peak seasons. The Rise of Artificial Intelligence Automation in Warehousing and Distribution AI is playing a crucial role in logistics planning and execution. Predictive analytics powered by AI can analyze historical data and forecast future demand. This capability allows companies to optimize inventory levels and prevent stockouts or overstock situations. By understanding consumer behavior, businesses can adjust their supply chain strategies accordingly. One of the most notable trends in transportation and logistics is the increased use of automation in warehouses. Automated guided vehicles (AGVs) and robots are now commonplace in large distribution centers. These machines handle repetitive tasks such as picking, packing, and sorting, allowing human workers to focus on more complex responsibilities. By automating these processes, companies can improve accuracy, reduce labor costs, and speed up order fulfillment. AI is also improving route optimization for transportation. Algorithms can analyze traffic patterns, weather conditions, and road closures to determine the most efficient routes for delivery vehicles. This not only reduces fuel consumption but also enhances delivery speed and reliability. Companies that utilize AI-driven route Moreover, advanced sorting systems equipped with artificial intelligence 018 018 019 019 www.businessmindsmedia.com www.businessmindsmedia.com

Autonomous Vehicles and Drones planning can experience significant cost savings and improved customer satisfaction. such as bills of lading and customs declarations, can be securely stored and shared. This simplifies cross- border transactions and speeds up the overall process. The potential for autonomous vehicles and drones is reshaping transportation. While fully autonomous trucks are still in the testing phase, companies are exploring their feasibility for long-haul transportation. These vehicles can operate without human drivers, potentially reducing labor costs and increasing efficiency. Real-Time Tracking and Visibility Embracing Internet of Things (IoT) The ability to track shipments in real time has revolutionized logistics operations. GPS technology and RFID (Radio Frequency Identification) tags allow companies and customers to monitor the movement of goods throughout the supply chain. This transparency enhances accountability and helps to minimize delays. The Internet of Things (IoT) is making significant inroads into transportation and logistics. By equipping vehicles and assets with sensors, companies can collect and analyze vast amounts of data. This data can be used to monitor vehicle conditions, track asset utilization, and optimize maintenance schedules. Drones are also emerging as a viable option for last-mile delivery. Their ability to bypass traffic and reach remote locations quickly makes them an attractive solution for companies looking to enhance delivery speed. Several businesses have already begun pilot programs to test drone deliveries, showcasing their potential to transform the logistics sector. Real-time tracking also empowers companies to respond swiftly to issues that may arise during transportation. For instance, if a shipment is delayed, logistics managers can quickly reallocate resources or inform customers, maintaining service levels and trust. Additionally, this visibility aids in inventory management, enabling businesses to make informed decisions based on the current status of their stock. For example, telematics systems can provide insights into vehicle performance, fuel consumption, and driver behavior. By analyzing this data, companies can implement better maintenance practices and reduce operational costs. Furthermore, real- time monitoring of assets helps prevent theft and loss, enhancing overall security. Conclusion The transportation and logistics industry is undergoing a significant transformation driven by technology. Automation, AI, real-time tracking, blockchain, IoT, and other innovations are streamlining operations, enhancing efficiency, and improving customer service. As these technologies continue to evolve, they will undoubtedly shape the future of logistics, allowing companies to adapt to changing market demands and customer expectations. Embracing these advancements will be crucial for businesses aiming to thrive in an increasingly competitive landscape. The Impact of Blockchain Technology The Role of E-Commerce The rise of e-commerce has had a profound impact on logistics. As online shopping continues to grow, customers expect faster delivery times and more convenient options. This demand has pushed logistics providers to adapt and innovate. Blockchain technology is gaining traction in transportation and logistics for its potential to enhance security and traceability. By creating an immutable record of transactions, blockchain allows all parties involved in the supply chain to access the same information in a secure manner. This transparency reduces the risk of fraud and errors while improving trust among stakeholders. To meet these expectations, many companies are investing in last-mile delivery solutions. This includes partnerships with local delivery services, the use of drones, and the development of smart lockers for package pickup. These strategies enable businesses to provide quicker delivery options while reducing congestion in urban areas. For instance, blockchain can streamline the documentation process for shipping containers. Traditional paperwork can be cumbersome and prone to loss or falsification. With blockchain, all shipping documents, 020 020 021 021 www.businessmindsmedia.com www.businessmindsmedia.com

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The 10 Dynamic Oil & Energy Companies Transforming the Middle East T to today's highly digitized operations, it has been shaped by technological leaps, shifting global demands, and an ever-intensifying focus on sustainability. What was once an industry driven purely by resource exploration and extraction is now a sophisticated ecosystem where automation, artificial intelligence, and environmental consciousness dictate the next frontier. Regulatory frameworks, geopolitical changes, and the rise of alternative energy sources continue to reshape the playing field, forcing companies to evolve or risk obsolescence. he oil and gas industry has never been static. From the early days of crude extraction Dr. Khursheed Alam Setting the Pace for Reinvention in Energy Among those contributing to the industry, Dr. Khursheed Alam stands out for his ability to merge technological foresight with business acumen. His leadership at Al Masaood has not been about maintaining momentum but rather about setting a new pace. Dr. Khursheed Alam General Manager, Al Masaood Projects & Engineering Division, Al Masaood A Voyage of Innovation and Leadership Dr. Khursheed Alam's journey in the oil and gas sector has been shaped by a strong technical foundation, strategic leadership, and a commitment to business excellence. With extensive experience gained from working with globally renowned organizations, he has developed expertise in engineering solutions, business development, and market expansion. Upon joining Al Masaood, Dr. Khursheed's primary objective was to develop on the good progress achieved through nearly 50 years and build further and toset out to elevate its position within the oil and gas industry by strengthening key partnerships, enhancing service capabilities, and 024 024 025 025 www.businessmindsmedia.com www.businessmindsmedia.com www.businessmindsmedia.com www.businessmindsmedia.com

driving operational efficiency. He played a pivotal role in transforming the division's focus toward the energy sector by fostering strong relationships with operating companies, as well as key local and regional clients. A crucial aspect of this transformation involved expanding Al Masaood's portfolio to align with the industry's evolving demands. Through a strategic and client-centric approach, Dr. Khursheed aims to further enhance company's reputation as a trusted partner in the market. As General Manager, his ongoing priorities include sustainable growth, regional expansion, and operational excellence—ensuring that Al Masaood remains at the forefront of the energy sector. His leadership philosophy revolves around innovation, collaboration, and value creation, essential factors in navigating the industry's evolving landscape. Currently, Dr. Khursheed is spearheading initiatives to introduce innovative and sustainable solutions from global markets, with a strong focus on customized maintenance and overhauling services. His vision is to establish a one-stop solution for rotating, process, and static equipment. Orchestrating Success in Energy Through Vision and Innovation Throughout his tenure in senior management, Dr. Khursheed has gained profound insights into the key drivers of success in the oil and energy sector. One of the fundamental lessons he has learned is that strategic partnerships are essential for sustainable growth and market leadership. By building and nurturing strong, trusted relationships with national oil companies, EPC contractors, and global technology providers, he has established a solid 026 026 027 027 www.businessmindsmedia.com www.businessmindsmedia.com

service models, and driving efficiency further enhance business resilience and competitiveness. Dr. Khursheed highlights the importance of staying deeply attuned to market trends and industry shifts. This includes closely monitoring energy transition efforts, regulatory developments, and emerging technologies to align business strategies with evolving client needs. By proactively identifying gaps in the market, he ensures that customized, value-driven solutions are developed to differentiate Al Masaood from competitors. Furthermore, Dr. Khursheed underscores the significance of leadership and talent development in achieving sustained success. He firmly believes that a high-performing, technically proficient, and empowered team is essential for executing complex projects and delivering superior outcomes. By fostering a culture of collaboration, innovation, and continuous improvement, he ensures agility in navigating industry challenges while driving organizational excellence. Strengthening partnerships with national oil companies, EPC contractors, and global technology providers is another core strategy Dr. Khursheed prioritizes. These collaborations unlock access to new markets, cutting-edge technologies, and large-scale projects, ensuring long- term business sustainability and a competitive edge. By applying these principles, Dr. Khursheed has successfully led business expansions and strengthened Al Masaood's market positioning as a trusted and influential partner in the oil and energy sector. foundation for long-term success and industry influence. Equally important is portfolio diversification. Under Dr. Khursheed's leadership, Al Masaood has expanded into energy transition solutions, integrated service models, digital transformation, and advanced engineering techniques such as reverse engineering and 3D printing. These capabilities enable the company to offer end-to-end solutions, enhancing maintenance, overhaul, and asset optimization services to maximize value for clients. Charting New Frontiers Equally critical, Dr. Khursheed emphasizes, is the ability to adapt and innovate in response to an evolving energy landscape. With rapid technological advancements, regulatory shifts, and dynamic market forces shaping the sector, he believes a proactive, forward-thinking approach is imperative. Integrating digital transformation, sustainability-driven initiatives, and advanced engineering solutions such as reverse engineering and 3D printing has been key to maintaining a competitive edge. In a sector as complex and evolving as oil and energy, Dr. Khursheed emphasizes that identifying opportunities for growth requires a proactive, analytical, and innovation- driven approach. With the industry constantly shaped by technological advancements, market fluctuations, and sustainability imperatives, he relies on three key pillars: market intelligence, strategic partnerships, and innovation- driven solutions to drive expansion. As General Manager, my ongoing focus is on sustainable growth, regional expansion, and operational excellence, ensuring that Al Masaood remains a leading force in the energy sector. A strong customer-centric approach is another pillar of success that Dr. Khursheed upholds. He highlights the importance of deeply understanding client needs, delivering tailored, high- value solutions, and ensuring operational excellence. Optimizing supply chains, offering integrated 028 028 029 029 www.businessmindsmedia.com www.businessmindsmedia.com

Turning Market Intelligence into Energy Industry Mastery Impact on Revenue & Market Presence: • Achieved 500% revenue growth with major contract wins from ADNOC and leading EPCs. • Strengthened client relationships by shifting from one-time sales to long-term service partnerships. • Created clear market differentiation by offering value- added, cost-saving solutions that reduced lead times and operational costs for clients. systems into existing operations. At the same time, he invests in digital transformation and explores energy transition services. This dual-track approach enables Al Masaood to continue serving the oil and gas sector while future-proofing the business in alignment with evolving environmental and regulatory expectations. Cultivating Agile Teams for a Future-Ready Energy Sector As a leader, Dr. Khursheed is committed to building and nurturing high-performing teams that can adapt to the evolving demands of the oil and energy sector. He fosters a culture of collaboration, innovation, and continuous learning, ensuring that his approach rooted in alignment and value creation. He prioritizes projects that align with Al Masaood's core competencies and offer long-term growth potential, while ensuring that potential partners bring valuable expertise, market access, and a shared vision. Financial stability, risk management, and cultural fit are also key considerations, as seamless collaboration is essential for successful project execution. By targeting high- potential projects and forming innovative partnerships, Dr. Khursheed drives sustainable growth and maintains a competitive edge in the energy sector. team is equipped with the right tools, resources, and development opportunities to excel. By promoting clear communication, accountability, and adaptability, he enables his teams to remain agile, responsive, and consistently high-performing in a competitive and demanding industry. At the core of his approach is client- centricity. Dr. Khursheed believes that engaging directly with clients, understanding their pain points, and delivering high-performance, tailored solutions is essential for building lasting value. Through this integrated strategy, he ensures that Al Masaood remains a forward-looking, agile, and trusted partner in the oil and energy landscape. Forging Enduring Alliances Dr. Khursheed believes that building lasting partnerships requires deep client engagement and a customer- centric approach. By fully understanding client needs and challenges, he ensures that Al Masaood delivers tailored, high-value solutions that foster trust and long-term collaboration. Open, transparent communication plays a crucial role in strengthening these relationships, along with a commitment to operational excellence, ongoing support, and continuous innovation. This strategic approach has enabled Dr. Khursheed to cultivate mutually beneficial partnerships with key accounts in the sector, reinforcing Al Masaood's position as a trusted industry leader. To reinforce this transformation, Dr. Khursheed launched a strategic marketing campaign leveraging platforms such as ADIPEC, industry workshops, and digital channels to showcase Al Masaood's expertise and attract new business. Dr. Khursheed emphasizes that in today's evolving oil and energy sector, accurate market intelligence is a critical asset. It enables strategic decision-making, helps anticipate industry trends, and ensures a competitive edge. By leveraging data analytics, industry reports, and real- time market insights, he ensures that Al Masaood remains well-positioned to identify emerging opportunities. Strong stakeholder engagement with clients, EPCs, and technology providers plays a crucial role in gathering firsthand insights, allowing Dr. Khursheed to develop tailored solutions that meet specific market demands. Additionally, regional and sectoral diversification helps the company tap into new markets while mitigating risks. By integrating this intelligence into business planning, Dr. Khursheed ensures that Al Masaood remains ahead of the curve, using innovation, digital tools, and sustainable practices to drive differentiation and long-term growth. Sales and revenue growth are fundamental to business success, and Dr. Khursheed adopts a proactive, market-driven approach to achieving ambitious sales targets. By staying ahead of industry trends, building long- term client relationships, and offering tailored solutions, he ensures that Al Masaood capitalizes on high-value opportunities. Agile sales strategies, combined with an empowered team and a strong focus on innovation, enable the company to consistently exceed targets and drive sustainable business growth. Redesigning Energy's Future with Smarter Strategies and Sustainable Innovation Dr. Khursheed also prioritizes operational efficiency and financial sustainability through process optimization, strategic sourcing, and service transformation. Key initiatives include digitized workflows, localized manufacturing, multi-skilled teams, and cost-efficient procurement strategies. These efforts have driven 300% profit growth in 2024, enhancing efficiency, reducing downtime, and strengthening market competitiveness. When engaging in negotiations with stakeholders, including government bodies and suppliers, Dr. Khursheed adopts a collaborative approach based on trust and mutual understanding. He emphasizes the importance of aligning business objectives with stakeholder priorities to achieve win-win outcomes that create long-term value. By maintaining clear communication, conducting thorough preparation, and focusing on relationship-building, he effectively navigates complex negotiations to secure favorable agreements that support sustainable growth and operational success. Engineering a Bold Shift from Products to Solutions A key strategy implemented by Dr. Khursheed at Al Masaood was transitioning the company from a product-based business model to an integrated solutions provider in the oil and gas sector. Under his leadership, the company expanded its offerings to include maintenance, repair, and overhaul (MRO) services, introduced reverse engineering and 3D printing technologies, and established mobile service teams for onsite support. As the industry shifts towards sustainability and technological advancements, Dr. Khursheed ensures that Al Masaood maintains a balance between traditional business models and the integration of greener energy solutions. His strategy includes the incorporation of reverse engineering, 3D printing, and energy-efficient Forging Strategic Alliances for Sustainable Growth When identifying target projects and potential joint venture (JV) partners, Dr. Khursheed follows a strategic 030 030 031 031 www.businessmindsmedia.com www.businessmindsmedia.com

The Last Mile Challenge Strategies For Efficient Delivery in Urban Areas U rban areas present unique challenges for logistics and delivery services, particularly during the last mile of transportation. This final segment, where goods move from a distribution center to the end customer, often proves to be the most complicated and costly part of the supply chain. With increasing demand for quick deliveries, especially from e- commerce platforms, businesses must develop effective strategies to tackle the last-mile challenge. 1. Route Optimization One of the most effective strategies for enhancing delivery efficiency is route optimization. Advanced software solutions can analyze traffic patterns, road conditions, and delivery locations to identify the most efficient routes for drivers. This not only reduces travel time but also minimizes fuel consumption. In addition to software, real-time data from GPS systems can help drivers adjust their routes on the fly. For instance, if a road becomes congested, drivers can be rerouted to avoid delays. By incorporating these technologies, companies can significantly improve delivery times and lower costs. Understanding the Last Mile Challenge The last mile often involves navigating congested streets, dealing with parking restrictions, and managing varied delivery windows. These factors can lead to delays, increased operational costs, and diminished customer satisfaction. As cities grow and consumer expectations shift, companies must adapt their delivery methods to meet these challenges head-on. 2. Utilizing Local Distribution Centers Setting up local distribution centers closer to urban areas can streamline the last-mile process. By having inventory stored nearer to the delivery point, companies can reduce the distance 032 032 033 033 www.businessmindsmedia.com www.businessmindsmedia.com

drivers need to travel, leading to faster delivery times. These centers can also serve as hubs for sorting and dispatching packages, ensuring that goods are organized efficiently before heading out for delivery. Bicycles and E-Bikes: Utilizing bicycles or electric bikes for deliveries can reduce congestion and parking issues. These vehicles can navigate narrow streets and crowded areas more easily than larger delivery trucks. They also have a smaller carbon footprint, aligning with growing consumer demand for sustainable practices. packages at their convenience. This reduces the number of failed delivery attempts, as customers can pick up their items whenever it suits them. For delivery companies, using smart lockers can streamline the delivery process. Instead of making multiple trips to individual homes, drivers can deliver multiple packages to a single locker location, improving efficiency and reducing costs. Micro-fulfillment centers, which are smaller warehouses located within or near urban areas, can be particularly effective. These facilities allow for rapid order processing and can cater to local demand, making them an ideal solution for high-density neighborhoods. Drones: While still in the early stages of implementation, drones offer a promising solution for last-mile deliveries. They can bypass traffic and reach remote or hard-to-access locations quickly. As regulations surrounding drone deliveries evolve, this technology could become a game changer for urban logistics. Conclusion The last mile challenge in urban areas is a multifaceted issue that requires innovative strategies and approaches. By focusing on route optimization, utilizing local distribution centers, embracing technology, exploring alternative delivery methods, and offering flexible options, companies can enhance their delivery efficiency. Partnering with local businesses, implementing smart lockers, and prioritizing sustainability further contribute to effective last-mile solutions. 3. Embracing Technology and Automation The adoption of technology plays a crucial role in improving last-mile delivery. Mobile apps can provide customers with real-time tracking of their packages, keeping them informed and engaged. Notifications about delivery windows and potential delays enhance the overall customer experience. 5. Partnering with Local Businesses Collaborating with local businesses can enhance delivery efficiency. Retailers or restaurants can serve as pick-up points for packages, reducing the need for drivers to travel to individual addresses. This approach not only saves time but also provides convenience for customers, who can collect their items at a location that suits them. Additionally, automation can help streamline operations within warehouses and distribution centers. Automated picking and packing systems can speed up order fulfillment, allowing for quicker dispatch times. As a result, delivery times can be reduced, contributing to greater customer satisfaction. These partnerships can also help build community ties. By working with local shops and businesses, delivery companies can create a network that benefits everyone involved, enhancing service offerings while supporting local economies. 4. Exploring Alternative Delivery Methods 6. Implementing Smart Lockers Traditional delivery methods may not always be the most effective in urban environments. Companies should explore alternative delivery methods to meet the unique needs of city landscapes. Smart lockers provide a convenient solution for both customers and delivery services. These lockers can be placed in various urban locations, allowing customers to retrieve their 034 034 035 035 www.businessmindsmedia.com www.businessmindsmedia.com

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The 10 Dynamic Oil & Energy Companies Transforming the Middle East

The 10 Dynamic Oil & Energy Companies Transforming the Middle East

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