HII-Finance Principal Mr. A.H. Farouki Participates in Clinton Global Initiative's 2008 Annual Meeting
Mr. A. Huda Farouki participates in annual Clinton Global Initiative meeting.
Vienna, VA (PRWEB) November 10, 2008 -- For the fourth consecutive year, Mr. A. Huda Farouki, Principal of HII-Finance (www.hiifinance.com) and CEO of HII-Finance subsidiary FIIC (www.fiic.com), participated in the 2008 Annual Meeting of the Clinton Global Initiative (CGI) (www.clintonglobalinitiative.org). Founded in 2005 by former President Clinton as a means to convene world and business leaders in a mobilization effort to address world issues, CGI's 2008 Annual Meeting was held September 23-26 in New York City. The main focus areas highlighted by President Clinton were Education, Energy & Climate Change, Global Health and Poverty Alleviation.
At working sessions titled "Ending Energy Waste", "Renewables Revolution" and "Clean Transport", Mr. Farouki discussed ways to improve energy efficiency through renewable energy sources such as solar and wind power, and reducing the devastating effect of global climate change, especially to the world's poor, through cleaner methods of transport.
In an interview during the 4 day conference, Mr. A. Huda Farouki stated, "It is time that we seriously begin focusing on alternative methods that will improve and secure the lives of our children and grandchildren."
As a member of Clinton Global Initiative, Mr. Farouki made a year-long commitment to action through the campaign for King's Academy (www.kingsacademy.edu.jo), a nonprofit, coeducational boarding school in Madaba, Jordan, that provides a comprehensive college-preparatory education through a challenging curriculum in the arts and sciences; an integrated co-curricular program of athletics, activities, and community service; and a nurturing residential environment. Mr. Farouki committed $100,000 in support of the founding of King's Academy. His commitment also supports endowed scholarships, which will ensure that qualified, underprivileged students from the region have access to the educational opportunities available at King's Academy and that the generations of leaders that emerge from King's Academy reflect the socioeconomic diversity of their society.
"It is an honor to take part in President Clinton's Initiative as it brings together the world's best knowledge and solutions for a better future," stated Mr. Farouki.
In addition to the working sessions, Mr. Farouki and his wife, Samia, joined the Meeting's attendees at a reception at the Metropolitan Museum of Art.
About Hii Finance Corporation
Hii Finance Corp. (www.hiifinance.com) is an investment company that targets dynamic industries and innovative enterprises. HFC specializes in funding international expansion for U.S. growth companies. HFC provides entrepreneurs with the capital, expertise and resources essential to success, adding value in such areas as business and financial planning, strategic sourcing and market development. As an active and engaged investor, HFC enhances value, profitability, and growth, making long-term successes of promising start-ups as well as rapidly expanding companies. HFC is distinguished further by both the international character of its investments and management, and a team with extensive international, management trade and investment experience.
About King's Academy
King's Academy (www.kingsacademy.edu.jo) is the inspiration of H.M. King Abdullah II of Jordan. Reflecting on how important a role his own boarding school education at Deerfield Academy played in developing his character, values and abilities, His Majesty decided to bring the quality and ethos of that education to the region by founding a school modeled on Deerfield in Jordan.
A four-year (grades 9-12) boarding and day school, King's Academy will set a new standard for secondary education in the Middle East with an unprecedented educational approach: focus on academic excellence and progressive pedagogy, emphasis on community and personal values, and utilization of state-of-the-art facilities. In King Abdullah's own words, the Academy "will be a place where students will set aside social class, background and pretense to learn and grow together, while embracing personal and community values that include dignity, honesty, tolerance and compassion."
About FIIC
Financial Instrument & Investment Corporation (FIIC) (www.fiic.com) has substantial experience in international project development and finance as well as procurement, logistics, and transport for international construction projects. FIIC has an extensive worldwide track record and has been involved in scores of projects through Africa, Asia, Europe, and the Middle East.
FIIC operates both as a resource on its own behalf and through its subsidiaries, American International Services, Procurement & Construction Management Services, UniTrans's International, Inc., Integrated Logistics Service Provider & American-Iraq Shipping Line (AISL).
As a coordinator, FIIC structures innovative private sector projects in emerging markets by identifying, securing, and organizing the technical, managerial, and financial resources that ensure world-class, locally appropriate ventures. As a service provider, FIIC offers turnkey solutions that enable international construction industry Clients to delegate vital project tasks while ensuring timely, efficient, and cost effective project completion.
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