‘Meem by GIB’ offers a broad range of channels

Updated 11 January 2015
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‘Meem by GIB’ offers a broad range of channels

Meem by GIB (‘meem’), a progressive retail banking service provided by Gulf International Bank (GIB), was officially launched at an event in Alkhobar.
More than 200 ‘meem’ customers attended the event, along with members of the media, who experienced the innovative and unique products and services on offer by ‘meem’.
‘Meem’ offers innovative, non-traditional Shariah-compliant banking services such as ‘the-One-Pack’ account which combines the benefits of both current and savings accounts, online flexible term deposits, multi-currency debt cards and digital communication channels such as e-mail, web chat and social media such as Twitter. 
‘Meem’ offers their customers a broad range of channels through which to open and manage their ‘meem’ accounts using e-banking and contact center or stores. The bank is particularly proud of the innovative and unique in-store experience where ‘meem’ has deployed and used state-of-the-art technology that is both simple to use and enhances the customer’s experience.
‘Meem’ has opened stores in Riyadh, Jeddah and Dhahran that enable customers to complete the account opening process and receive their debit cards immediately as well as withdraw and deposit cash, make transfers and do their own account maintenance.
Yahya Alyahya, GIB’s CEO, said: “The launch of our retail banking service capitalizes on the immense potential in the GCC, focusing on an audience that values and relies on technology for the benefit it offers — convenience and simplicity. Our retail proposition is built on technological innovation and harnesses the advantage to provide a unique customer experience. Our aim is to be ‘ahead-of-the-curve’ in providing clear and simple products and professional services to customers in the Kingdom of Saudi Arabia and eventually across the GCC.”
‘Meem’ was uniquely designed and created over the past three years by employing the concept of “co-creation”.
It involved a large group of target customers (meemers) who were engaged using various social media channels.
This co-creation experience is considered to be the first of its kind in the banking sector regionally, which not only helped shape the business model of ‘meem’ but also the services and products on offer, as well as the brand identity and the values of ‘meem’.
Sakhr Almulhem, head of retail banking, said: “We are passionate about our customer-centric approach. Our customers will have the freedom and convenience of carrying out all services electronically.”
‘Meem’ is a reflection of our core values of innovation, simplicity, boldness and transparency, which have helped us to successfully launch the world’s first customer designed retail bank in Saudi Arabia.” 


Spain’s Provacuno aims to beef up Saudi market

Updated 14 November 2018
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Spain’s Provacuno aims to beef up Saudi market

Abdulaziz Alaquil Jeddah: Provacuno, the inter-professional organization of the Spanish beef industry, is currently on a promotional tour across the Kingdom showcasing the benefits of their high-quality and environmentally-friendly beef production. A non-profit organization officially recognized by the Spanish government, Provacuno represents 85 percent of the Spanish beef industry.
Established in 1997, Provacuno comprises national associations representing and protecting the interests of companies involved in the production, industrial, and commercial sectors of the Spanish beef industry. Their annual meat production exceeds 650,000 tons, and they have over 110,000 farms, with industry exports amounting to 175,000 tons annually.
For the past 20 years, they have officially been recognized by the Spanish Ministry of Agriculture, Fisheries and Food, as an agro-food inter-professional organization.
Along with defending the interests of the Spanish beef industry, from production, through processing, and trading, Provacuno aims to support the internationalization process of beef companies into export markets such as Saudi Arabia. Their promotion of responsible beef consumption through research and development programs is done with the goal of enhancing the beef industry’s image through their sustainable and environmentally-friendly production processes that are in strict compliance with the European Production Model, which adheres to the most stringent of standards regarding animal welfare, hygiene control, and environmental protection. While at the same time, they are able to cater to international market demands, such as being 100 percent halal-certified for Saudi markets.
Representatives of Provacuno are currently in the Kingdom promoting their marketing campaign “What a Wonderful European Beef,” which will conclude at the Foodex Saudi 2018 in Jeddah on Thursday. During this campaign trail, they organized a presentation on Spanish beef at the residence of Ambassador of Spain to Saudi Arabia Don Alvaro Iranzo in Riyadh.
The event was attended by over 50 Saudi import and distribution agents, who sampled Provacuno’s beef prepared by Spanish Chef Fernando Del Cerro.
Provacuno considers Saudi Arabia a key target market as it is one of the largest meat-consuming nations in the world reliant on quality meat imports. In 2017, the Kingdom produced 60,000 tons of meat while consuming over 220,000 tons. Recently, Brazil (39 percent) overtook India (26 percent) as the main exporter of beef to the Kingdom.
Along with meeting with industry executives in Riyadh, Provacuno also hosted a cooking workshop at the King Abdul Aziz University (KAU) in Jeddah.