Week in Review: From safety to finance to Ramadan on the horizon
Safety takes the fore in Tanajib, and Aramco throws its weight behind boosting the financial services sector.
For Aramco, April came in like a lion when it came to news, whether that was by helping launch the Altamayyuz Finance and Accounting Excellence Academy or casting a close eye on safety as a key ingredient to reliability at an Executive Management Safety Review in the Tanajib area.
And this all came as the Kingdom approached the Holy Month of Ramadan.
Here are a few of the top stories from the past week.
Aramco played an integral part in launching the new Altamayyuz Finance and Accounting Excellence Academy this week in a first-of-its-kind collaboration between leading accountancy firms and investment banks.
Among the organizations joining Aramco were the Technical and Vocational Training Corporation, Saudi National Bank, HSBC, Citi Bank, J.P. Morgan, KPMG, Goldman Sachs, Deloitte, EY, and Morgan Stanley.
As Aramco's oil and gas production in the northern Arabian Gulf region continue to be critical to the company's success and reliability, so are top corporate safety measures.
Members of executive management emphasized this while visiting Safaniyah and Tanajib area plants this past week as part of their monthly Executive Management Safety Reviews.
"I appreciate the Aramco workforce for their awareness and preparedness, which allows us to take this leadership role," Aramco president and CEO Amin Nasser said.
The Finance, Strategy & Development Business Academy, in its continuing efforts to better prepare its employees continually growing and changing business environment, has developed a comprehensive program that includes deal simulations, case studies, valuation analysis, due diligence, and various certification levels in collaboration with banks and mergers and acquisition institutions.
The Mergers and Acquisitions Program will enhance the company's expertise in creating more value, demonstrating the company's continuous commitment to competency development for company employees.
Here at Aramco, the deployment of robotic process automation (RPA) robots have saved more than 120,000 man-hours annually. Not only that, but analysts have identified more than 60 RPA use cases through 2023, covering a variety of organizations in the company.
RPA relieves employees from repetitive tasks, empowering them to focus on more valuable and meaningful work. They can also use the extra time to take more training, mentor or be mentored, and maintain a life-work balance while achieving set targets.
As the Holy Month of Ramadan approaches, Aramco LIFE this week showcased a variety of tips to stay healthy and fit over the month, as well as a downloadable Ramadan schedule that can be saved to your computer or mobile phone.
Watch next week for a special Ramadan page in Aramco LIFE.