Petromin to build 240 gas stations in Kingdom

Samir Nawar, CEO of Petromin
Updated 28 April 2017
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Petromin to build 240 gas stations in Kingdom

Petromin, the leading lubricants and automotive services company in Saudi Arabia, outlined plans to build 240 gas stations across the Kingdom at the 10th edition of the Saudi Travel and Tourism Investment Market (STTIM) recently held in Riyadh.
The STTIM is one of the biggest annual tourism events held in Saudi Arabia, and is attended by industry leaders and public, private, local and international agencies and organizations. Participants present and promote investment opportunities, and tourism services and products across the country through a conference and a series of lectures, workshops and training sessions.
Addressing the audience in the Tourism Services Industry Session, Samir Nawar, CEO of Petromin, said: “A major objective for Petromin is to set benchmark quality across the service industry, and to cater to the needs of all residents, pilgrims and other visitors in the Kingdom. Our gas stations have the latest equipment, and each station creates at least 110 jobs, 30 percent of which are Saudi nationals.”

He said: “Expansion plans go on as we look forward to improving the quality that we deliver across all our service outlets.”
Nawar added: “To alleviate services of gas stations, strong support is required from all related parties to encourage more organized companies to step in to the service field and provide integrated and elevated services. High lead times can stall the progression of key projects, so further collaboration between concerned stakeholders is needed to simplify and expedite the permitting process.”
Petromin operates five main business segments: Lubricants Manufacturing & Sales, Quick Lube Change Outlets (Petromin Express), Auto Care Workshops, Fuel Retail Stations and Automotive Dealerships (national dealer for Nissan in KSA). With more than 5,000 employees, Petromin exports its products to over 40 countries in the GCC, Middle East, Africa and Asia.


360-degree mentoring to boost Saudi social enterprise sector

Updated 23 May 2019
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360-degree mentoring to boost Saudi social enterprise sector

The King Khalid Foundation (KKF) and Mowgli Mentoring have collaborated to strengthen the growing social enterprise sector in the Kingdom through the provision of 360-degree mentoring, which will support the personal and professional development of social entrepreneurs. The EMCC-accredited mentoring organization is working to built the capacity of Saudi mentors by instilling best mentoring practices and sharing experiences from its 10-year work around the world.

Globally, the concept of social entrepreneurship is increasingly gaining momentum and positive attention as it combines commerce with social good, allowing entrepreneurs to go beyond profit to positively impact communities and societies. Supporting these entrepreneurs, therefore, is in line with the KKF’s vision, which is to have a Saudi society with equal opportunities.

The KKF’s collaboration with Mowgli resulted in the creation of the Athar (Impact) Mentoring Program.

This program aims to build and increase the capacity of Saudi mentors, and equip them with the necessary tools to be able to provide mentorship, support and guidance to social entrepreneurs in the Kingdom. Matching mentors with social entrepreneurs and managing their mentorship relationships is a key benefit of the program.

To commence the mentoring program, Mowgli recently delivered a four-day workshop in the KKF premises in Riyadh. Fourteen professionals and business leaders received training to be 360-degree mentors before being matched with 14 social entrepreneurs. Both groups were provided with the guidelines to build solid foundations for their 1-2-1 mentoring relationships. In addition, the matched pairs will be supported over a duration of six months, during which structured on-going support will be provided to ensure that trust-based and impactful mentoring relationships are developed.

Mowgli Mentoring’s CEO Kathleen Bury said: “We see this program supporting the three themes on which the Kingdom’s Vision 2030 was built upon: Developing a vibrant society, a thriving economy and an ambitious nation. By supporting social entrepreneurs, we’re working toward achieving the Kingdom’s economic aspirations of increasing SME GDP contribution by 20–30 percent by 2030. We are, therefore, excited to be back in Saudi Arabia and are honored to be working with the King Khalid Foundation in delivering this program, and building Saudi Arabia’s mentoring capacity to sustainably support change-makers and their surrounding ecosystems for years to come.”

The key to developing entrepreneurship and fostering economic development lies in having a well-balanced ecosystem with equal investment in four key pillars: Environment (schooling, parenting), finance (working capital, debt and equity financing), infrastructure (incubators, accelerators, utilities and sound legal frameworks) and human capital development (mentoring, skills and knowledge development). Mowgli supports the latter and has successfully delivered more than 110 mentoring programs across the Middle East, North Africa and sub-Saharan Africa.