Magrabi Optical emerges as one of top international optical retailers

Updated 01 December 2014
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Magrabi Optical emerges as one of top international optical retailers

Magrabi optical has opened its renovated showroom at Salama Centre on Prince Sultan Street in Jeddah.
The new opening is in keeping with the company’s policy to develop its showrooms all over the Kingdom, with a view to providing customized optical care and services to a growing customer base.
The new showroom includes the latest and most prestigious brands of lenses, eyeglasses and sunglasses, in addition to professional optical medical staff specialized in the eye care world.
Magrabi Optical says it offers shoppers an unrivaled selection of the world’s finest prescription spectacles and sunglasses from top name brands, namely Chanel, Cartier, Mont Blanc, Prada, Porsche Design, Bvlgari, Tom Ford and Ray-Ban, as well as exclusive brands such as Sama and TEMPO.
Magrabi Optical, considered as one of the pioneers in the world of eye care and optical in the Kingdom, was founded in 1927 with the launch of the eye medical center. In 1955, Magrabi Hospitals and Centers were built to provide internationally renowned eye care to millions across the Middle East, the GCC and North Africa.
In 1981, Magrabi Optical opened its first optical store in Jeddah and since then it expanded across Saudi Arabia, Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar and the UAE, which made it the largest eyewear and sunglasses retail chain in the Middle East and North Africa, with over 160 retail outlets.
Through the retail network’s expansion, and building on the solid foundation of the state-of-the-art technology, Magrabi Optical has taken the brand into a journey to transform it into one of the top international optical retailers by launching its first network in Turkey, which will become the hub for Magrabi Optical’s future expansion plans in Central & Eastern Europe.


Top CEO Conference & Awards wraps up in Bahrain

Updated 17 April 2019
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Top CEO Conference & Awards wraps up in Bahrain

The Top CEO Conference & Awards 2019, organized by TRENDS magazine — Mediaquest and international business school INSEAD, has concluded at the Al-Areen Palace and Spa in Bahrain. The event, held on Thursday, included seven key panel discussions under the theme “Growth in a Volatile Future” as well as the Top CEO Awards 2019 ceremony, which recognized the region’s most successful and trendsetting CEOs from more than 700 companies listed on GCC stock exchanges.

Top business leaders and more than 30 speakers from across the GCC shed light on the Middle East’s dynamic but volatile region and the burning issues facing the corporate world today. This year’s theme focused on a score of relevant issues, such as oil price fluctuations, tech disruptions, armed and political schisms that pose new risks, and opportunities. Speakers such as renowned economist Professor Nouriel Roubini provided growth solutions and road maps for businesses in the GCC region.

Alexandre Hawari, CEO of Mediaquest, said: “In its fifth edition, the Top CEO Conference & Awards fully encapsulated the theme of ‘Growth in a Volatile Future’ by acknowledging and exploring the growth transformation that the region is undergoing through digitalization and the fourth industrial revolution amid geopolitical tensions, looming trade wars and a rapidly evolving business environment. Building on the huge success of the previous years, the Top CEO Awards 2019 recognized CEOs and companies who have raised the bar by navigating challenges, implementing new strategies, and have demonstrated unquestionable growth, profitability and excellence in corporate governance.”

The conference kicked off with an opening keynote from Jassim Al-Seddiqi, CEO of the Abu Dhabi Financial Group and chairman of GFH Financial Group, who delved into the potential of transforming the region into a fintech hub and the importance of jumping on the digital bandwagon. 

The prime panel discussion on the “Future of Growth Amid Volatility” brought together five CEOs who explored methods to create future-proof strategies that can not only tackle challenges but also boost growth in a tough geopolitical and economic climate. 

Hisham Al-Rayes, CEO and board member of the GFH Financial Group, said: “Investing in the future in areas such as fintech, education and technology, the foundations for strong, enduring knowledge-based economies, is a priority for the group and the governments of the region in which we invest.”

“The Blockchain Opportunity” and “The Human Factor and Tech Innovation” panels brought together industry experts from Facebook, the Bahrain FinTech Bay and King Abdul Aziz University. 

“The Future of Women’s Business Leadership” panel discussed positive strides taken by GCC governments and businesses in leveling the playing field for women professionals.