Winners of the 2022 Aga Khan Award for Architecture announced
September 22, 2022, 4:13 pm

Winners of the 2022 Aga Khan Award for Architecture announced

Aga Khan: The six award-winning projects, which share a $1 million prize, one of architecture's largest, show promise for communities, innovation and care for the environment.

The Aga Khan Development Network has announced the winners of the 2022 Aga Khan Award for Architecture (AKAA). The six award-winning projects, which share a $1 million prize, one of architecture's largest, show promise for communities, innovation and care for the environment.

The projects were as follows: Two from Bangladesh, one from Indonesia, one from Iran, one from Lebanon and one from Senegal.

Bangladesh: Urban River Spaces, Jhenaidah

Through consistent community participation and appropriation, extensive involvement of women and marginalised groups, and a local workforce, the seemingly simple undertaking of cleaning up the access to the Nabaganga river in Jhenaidah led to a thoughtful and minimal landscaping project with local materials and construction techniques, thus transforming a derelict informal dump site into an attractive and accessible multifunctional space that is valued by Jhenaidah’s diverse communities.

As such, the project managed to reverse the ecological degradation and health hazards of the river and its banks, and induce effective ecological improvement of the river, in one of the most riverine countries on earth.

Bangladesh: Community Spaces in Rohingya Refugee Response, Cox’s Bazar

The six temporary community spaces of the Rohingya Refugee Response programme provide a dignified, sensitive and ingenious response to emergency needs related to the major influx of Rohingya refugees into Bangladeshi host communities, with particular attention to the safety of women and girls.

Aga Khan Music Awards announces the seven members of 2022 Master Jury

The concept and design of the six spaces are the result of appropriate planning, solid partnerships and inclusive processes involving the diverse refugee and host communities, such as defining spatial and functional needs.

Indonesia: Banyuwangi International airport, Blimbingsari, East Java

Arising from a sea of a paddy fields, the building extends the language of the landscape into a concentrated event that coalesces architecture, functionality and setting in a seamless yet discernible disposition.

Modern and efficient in all aspects, but at home in its place, Banyuwangi International Airport may be a game-changer in airport architecture, especially considering that the Indonesian government is set to build some 300 airports in the near future.

Iran: Argo Contemporary Art Museum and Cultural Centre, Tehran

In the dense urban neighbourhood that is Tehran’s historical centre, this untypical reuse and conservation project has transformed the Argo Factory – a former brewery whose activities were moved 10 years before the Iranian Revolution, for pollution reasons, to a site outside the city – into a private museum for contemporary art.

Award winning actress named as UNICEF National Ambassador in Bangladesh

From the ruins of the original building, the existing brewery was renovated and new surfaces built with a subtle approach and design. A variety of spaces for exhibitions, talks and films were developed over four levels, and a new artist residence was built adjacent to the museum.

Lebanon: Renovation of Niemeyer Guest House, Tripoli

The renovation of the Niemeyer Guest House is an inspiring tale of architecture’s capacity for repair, at a time of dizzying, entangled crisis around the world, and in Lebanon in particular, as the country faces unprecedented political, socio-economic and environmental collapse.

Located on the outskirts of Tripoli – one of the oldest and most beautiful port cities, once renowned for its craft but today ravaged by extreme poverty, migration and lack of public space – the rehabilitation of the Guest House is part of the Rachid Karami International Fair (RKIF), the unfinished masterpiece of the architect Oscar Niemeyer.

Senegal: Kamanar Secondary School, Thionck Essyl

A campus replete with infrastructure, buildings, landscapes and furnishings, the Kamanar Secondary School is unique in that it addresses the multiple scales of urbanism, landscape, architecture and building technologies with equal commitment and virtuosity.

"This Being Human" podcasts launched at Aga Khan Museum

The site’s topography and flora are the key founding conditions of this project, prompting the introduction of a grid of classroom pods organised around pre-existing tree canopies, adopting their shade as social spaces that serve the students and teachers alike.

The Aga Khan Award for Architecture was established in 1977 by His Highness the Aga Khan, 49th hereditary Imam of the Ismaili Muslims, to identify and encourage building concepts that successfully address the needs and aspirations of communities in which Muslims have a significant presence.

The Award’s selection process emphasises architecture that not only provides for people’s physical, social and economic needs, but that also stimulates and responds to their cultural aspirations.

This year marks AKAA’s 45th anniversary. In a meeting in February 2022, an independent Master Jury shortlisted 20 projects from a pool of 463 projects nominated for the 15th Award Cycle (2020-2022). Subsequently, after on-site reviews of the shortlist by a team of experts, the jury awarded six projects amongst them.

levantnews

Russia’s invasion of Ukraine has cost Kyiv ‘$1 trillion’ in damages Hot gas bubble spotted spinning around Milky Way black hole

BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).

Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.