Khozama Rent a Car boosts fleet with latest Renault vehicles

Updated 28 June 2014
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Khozama Rent a Car boosts fleet with latest Renault vehicles

Renault Saudi Arabia signed an agreement recently to boost the fleet of Khozama Rent a Car with state-of-the-art Renault vehicles.
Khozama Rent a Car opted for the sophisticated and advanced Koleos 4x4, the true off-road Duster compact SUV, the multipurpose Trafic van, and the new luxury business class Safrane.
These Renault cars were chosen for their modern and groundbreaking specifications, stylish designs, strength, practicality and safety.
Renault and Khozama Rent a Car were both excited for the agreement that encompassed several after-sales support services to be delivered from Renault as part of its ongoing commitment to excellent maintenance services and customer satisfaction.
The owner of Khozama Rent a Car, Abdullah Mansour Al-Rajhi, stated: “Renault is much admired for its reliability and sturdiness. Customers are also impressed by the vehicles’ latest technologies and ample features. At the same time, Khozama is an internationally renowned franchise famous for supplying reliable and dependable vehicles to the public. We have enjoyed long-term success and have come to be one of Saudi Arabia’s most reliable car rental companies.”
Haythem Hashem, regional manager for Western Region (Renault KSA), stated: “Renault has become synonymous with quality, durability and performance. With the new generation of car owners and enthusiasts, there is a growing buzz and excitement around the Renault range. Whether you need a car for distance driving or running errands in the city or even luxury saloons, owning a Renault means having the service and support system you need for a superior driving experience.”
Indeed, customers can look forward to driving Renault’s custom line styled vehicles. Renault Duster, Fluence, Safrane as well as Trafic and Koleos are available and ready to take Saudis where they need to go in style and comfort. Each vehicle is designed with the latest in contemporary styling, comfort and innovative technology.


ADIB becomes first bank to join UAEIIC

Updated 23 June 2018
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ADIB becomes first bank to join UAEIIC

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has joined the UAE International Investors Council (UAEIIC), making it the first bank in the UAE to become a member in the council. This comes following an approval from the board of directors of the UAEIIC, headed by Sultan bin Saeed Al-Mansoori, UAE minister of economy.

Through this membership, ADIB will join government decision-makers, locally and internationally, with the support of the UAE’s minster of economy, to help remove obstacles, strengthen foreign investment relations and support sustainable economic development.

Khamis Buharoon, vice chairman and acting CEO at ADIB, said: “We are proud to be the first bank to join the UAE’s Investors Council. We are also committed to the development of Emirati investments, which are critical to economic diversification and the UAE’s global economic competitiveness. Important measures have already been taken to secure support and protection and to overcome any challenges faced by Emirati investors abroad, and we look forward to playing an instrumental role in building on these efforts.”

He added: “The establishment of the UAE International Investors Council forms part of broader efforts to advance economic diversification policies that complement the expansion and growth of the UAE’s private sector as well as create a favorable environment that supports national companies investing abroad. The council provides a vital link between investors interested in promising opportunities available in countries with close ties to the UAE and governmental and semi-governmental entities to streamline the investment process. It also serves as a pillar for ensuring the protection of UAE capital abroad through advice, guidance, and logistic support.”

Jamal Saif Al-Jarwan, secretary-general of the Emirates Council for overseas investors, said: “We have the honor to join Abu Dhabi Islamic Bank as an active member of the council, which contributes to enhancing the role of the council’s working environment to support the state’s economic development and to keep pace with developments in the economic, investment and banking sectors in general, since the measure of success depended not only on financial results but also on how it dealt with the needs changing markets, innovative and sophisticated solutions that keep pace with rapid global changes and shifts in those sectors.”

He added: “Emirati investment abroad plays a vital role in more than 70 countries in the world and has a great impact on the soft and reputed power of our young state in the world, which is a great achievement and a strong demonstration of the path of investment of the Emirati investors in the right direction.”