ONTIME celebrates 10th anniversary in KSA
ONTIME celebrates 10th anniversary in KSA
Since its introduction into the Saudi market in 2007, ONTIME has seen rapid growth across the Kingdom, taking the total number of stores to 59.
A commitment to hiring Saudis keen to develop a career in retail is at the heart of the organization’s business plan.
Efforts to identify local talent and offer training, mentorship and professional development remain a top priority for the retailer, leading to an increase in the presence of Saudi nationals in the Alyasra workforce.
ONTIME offers the latest designs from more than 40 international fashion brands such as Michael Kors, Emporio Armani, DKNY, Armani Exchange, Fossil, Juicy Couture, Aigner, Cerruti 1881, Diesel, DICI, Ferre Milano and others.
It claims to be one of the top shopping destinations for both men and women seeking international watch brands that reflect the latest fashion trends in the Middle East.
Smart watches are available for tech-savvy shoppers interested in purchasing items that are not only stylish, but also functional. Watches from popular brands are also available on ontime.com, an online portal where customers can enjoy shopping for international watches from the comfort of their own home and have their purchases delivered to their door. The company is currently offering free shipping.
Anwarul Haque, general manager in Saudi Arabia, said: “We are thrilled to be celebrating the 10th anniversary and are proud to be part of such an exciting and key market. Our mission is to enable our Saudi customers to feel fashionable and confident by providing them with the trendiest and newest watches, always at great value. For all those who appreciate being part of the latest fashion trends, ONTIME is the place and the brand which offers the widest and most updated range of branded fashion watches.”
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.”