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MW 25 March 2015

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maltatoday, WEDNESDAY, 25 MARCH 2015 17 Events HSBC launches Arrow initiative to advance women staff HSBC Malta has launched its latest in-house initiative, Arrow, to enable female junior managers navigate the challenges they face in becoming senior managers. The six-month programme aims to Advance, Recruit, Retain, and Organise Women (Arrow) so that they can progress into leadership positions in the Bank as it address- es key issues facing women. Arrow aims to understand the barriers that often curtail advancement of wom- en in the workplace and educate members on maximising their true potential. The pilot programme is spear- headed by Joyce Grech, Chief Risk Officer, and Mandy Garner, Head of Human Resources at HSBC Malta, both of whom are seen as role mod- els by their colleagues. "There has never been a better time for women in Malta to seize the opportunities and play a central role in society and the economy. Creat- ing positive opportunities for an upward trajectory in the corporate world demands that we take the first step and believe in our abilities," said Ms Grech at the inaugural session. Head of Human Resources, Man- dy Garner said: "HSBC recognises that without the qualities, talents, and skills of women, full economic and social development cannot be achieved in business. Arrow offers a platform from where women col- leagues can unlock their potential and achieve their professional and personal goals." HSBC Malta remains committed to supporting all our people achieve their potential through continuous development and better work life balance. Arrow builds on a range of existing diversity initiatives in HSBC. Emirates ready for timely launch of its app for Apple Watch Medserv plc's financial results exceed targets EMIRATES, a global connector of people and places, announced the launch of its Apple Watch app. When the Apple Watch becomes available on 24 April, Emirates' cus- tomers from around the globe will be able to enjoy the smart features and sleek interface of the Emirates app for Apple Watch, designed to complement the Emirates iPhone app. Emirates will be the first airline in the Middle East and African re- gion to offer an Apple Watch app. "In today's connected world, mo- bile technology plays an increas- ingly important role in the overall travel experience of our passengers. The Apple Watch platform allows us to connect with travellers on a more personal level by providing real time information throughout their journey," commented Alex Knigge, Senior Vice President, Digital at Emirates. "Our team developed the Emirates app for Apple Watch with modern travellers in mind, making sure this wearable technology deliv- ers key information, with a simple glance at their wrist." The Emirates app for Apple Watch is an extension of the Emirates iPhone app; it was designed as a companion for travellers, delivering dynamic and context-specific data such as live flight status updates. Customers with an Apple Watch and the Emirates app installed on their iPhone will benefit from the following key features: • Review list of upcoming trips • Access to real time flight infor- mation, including terminal, gate number, flight status, baggage collection details, etc. • Timely notifications in case of changes like gate number or bag- gage belt • Compatibility with Apple Pass- book Supported languages at launch are English, French and German. Emirates currently operates daily scheduled flights between Malta and Dubai via Larnaka, Cyprus. GasanMamo supports Puttinu Cares GASANMAMO Insurance sup- ports good causes that can in one way or other further the company's mission to help others be successful by offering hope and by giving tan- gible assistance especially to kids suffering from cancer, integrating them and their families into a soci- ety which they never thought pos- sible. The annual pilgrimage from Mellieħa to Senglea, in aid of Puttinu Cares will be held on the night of Maundy Thursday with an estimated attendance of 10,000 people. GasanMamo are once again helping out in this charity event which goes in line with the com- pany's policy to give a better life to people particularly children suffer- ing from cancer. This year's Puttinu Cares night walk starts on Friday April 3 at 2am outside the Sanctuary of Our Lady in Mellieħa. It takes about four hours to cover the 30-kilometre walk. GasanMamo hopes that by leverag- ing its own strengths and resources, the company will raise responsive- ness of the significance of corporate philanthropy and boost society to participate in and contribute to the growth of social responsibility. THE Board of Directors at Med- serv plc has today approved the audited consolidated financial statements for the financial year ended 31 December 2014 which will be submitted for the approval of the Shareholders at the forth- coming Annual General Meeting scheduled for Thursday, 28 May 2015. The financial results being re- ported by the Group for the year under review, 2014, exceed tar- gets. This ref lects the optimism expressed in the Chairman's statement issued in last year's re- ports. The Board also proposed the payment of a net dividend of €1,400,000, representing a net dividend per ordinary share of €0.056. The Group have reported rev- enues of €32.4 million for year 2014, a significant increase on last year's figures, attributable to the commencement of oil major drilling contracts awarded during the year. Earnings before interest, tax and depreciation, amounted to €5.8 million whilst profit before tax amounted to €3 million, an increase of €0.8million over pub- lished forecast. "The constantly changing re- quirements of the market in which the Group operates, together with the geo political realities and chal- lenges, demanded and will contin- ue to necessitate restructuring of the way in which the Group does business," said Anthony Diacono, Chairman at Medserv plc. "The Group has not only positioned it- self to consolidate its position in the Mediterranean region but is now well placed to expand its serv- ices to other regions of the world." The Group reports that Opera- tions at the Misurata base remains at a low level due to the situation in Libya but a skeleton management team of Libyan nationals is still in place. However Medserv Libya Ltd maintains a branch situated in Tripoli which continues to per- form well and which has secured contracts for the provision of back office administration services to their clients. A strong investment programme has been put in place over the past eighteen months financed in part by the bond issue of €20 million. The Medserv Hal Far site now ex- tends to 43,000 square metres, the vast majority of which is already fully utilised and earning storage fees from clients. The solar farm suspended on the roofs of the Medserv Malta base has been completed and went on line in July 2014. This is expected to yield an average of 2 MWp of electricity annually over the next twenty years. Whilst Libya remains an im- portant market for the Group, the Company has continued with its efforts to diversif y into other geographical areas. The base in Cyprus started generating rev- enues from June 2014 and efforts are continuing to further expand operations. A dedicated manage- ment team has been appointed to specifically oversee this proc- ess, with the objective of future growth. The Group reports that 2015 promises to be an extremely busy year as a number of projects long in the planning have commenced. The company's Maintenance Unit has also become a significant con- tributor to the Groups' revenues. With the recent announcement of the offshore maintenance contract valued at approximately of € 4 mil- lion due to commence in the sec- ond quarter of 2015, this new di- vision at Medserv has to date won four major contracts totalling just over €7 million in turnover. The Audited Financial State- ments will be available for viewing on the Company's website at w w w. medservenergy.com as from 28 March 2015. HSBC staff learning about Arrow – Advance, Recruit, Retain and Organise Women A past edition of the annual pilgrimage

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