Bahrain based Businessman Mohammed Mansoor is new director of The World Youth Group Council
Bahrain: The World Youth Group has appointed Bahrain-based businessman Mohammed Mansoor as the Director of their Council. Mansoor, Founder & CEO of Saara group heads a series of ventures and organisations spread across the domains of information technology, energy, oil & gas, sports, seed capital investments, and is a well-known social activist and philanthropist.
Founded in 2019, the World Youth Group, is a globally renowned team of elected young leaders, politicians, parliamentarians and diplomats. Their mission is to Educate, Encourage, and Engage global youth in social and political sectors within the UN realm by supporting the United Nations initiatives. Apart from the UN and it’s Agencies, the entity to host highest number of elected representatives in the 76th UNGA. With 22 Members of Parliament, 6 Ministers and UN Permanent Representatives, representing over 25 countries, to participate in 5 Summits. The founding organizations are Collegiate Congress Inc. (USA), All-Africa Students Union (AASU), European Students Union (ESU), Organization Continental Latinoamericana y Caribeña de Estudiantes (OCLAE), Young Democrats of America, and Young Republican National Federation (YRNF), and the founding members are then heads of the respective organizations.
Adding heft to the organisation is the Advisory Board which comprises of ten Permanent Representatives (Ambassadors) of UN Member States. Each Ambassador also acts as Chief Advisor for a Committee on SDG. With 108 national student unions, a dozen national youth political leadership, and over 45 Youngest Members of Parliament, they are to be the largest only elected youth leader’s consortium in the world.
Speaking about Mansoor's appointment as Director - The Council, H.E. Ambassador Collen V.Kelapile, Permanent Representative of Botswana to the UN and President of UN's Economic and Social Council (ECOSOC) said, " Mr Mansoor's credentials as an entrepreneur and social activist speak for themselves and we, at the Advisory Board, are delighted to have him as our partner as we are confident that under Mr Mansoor's able leadership the Council, which comprises of top experts in various fields and is the only non-parliamentary, non-diplomat team at the World Youth Group, will serve to further strengthen our group as we actively work towards United Nations Agenda 2030 - the Sustainable Development Goals and revitalize the global partnership for sustainable development especially during these challenging times."
Cristo Thomas, Chair, World Youth Group added, " Mansoor's association with us will add the much needed impetus to invigorate The Council, I am confident that we will grow by leaps and bounds and accelerate our progress towards our common goals."
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Rupee falls 9 paise to all-time low of 90.58 against US dollar in early trade
Mumbai (PTI): Rupee depreciated 9 paise to an all-time low of 90.58 against US dollar in early trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.
Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-US trade deal front.
At the interbank foreign exchange market, the rupee opened at 90.53 against the US dollar, then fell further to an all-time intraday low of 90.58 against the greenback, registering a fall of 9 paise over its previous close.
On Friday, the rupee had slipped 17 paise to close at an all-time low of 90.49 against the American currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 98.35.
Brent crude, the global oil benchmark, was trading higher by 0.52 per cent at USD 61.44 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex was trading 298.86 points lower at 84,968.80, while the Nifty was down 121.40 points at 25,925.55.
Foreign Institutional Investors sold equities worth Rs 1,114.22 crore on Friday, according to exchange data.
"FPIs continue to be in selling mode in equity and debt while RBI has been selling dollars to fund their long positions," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
