Riyadh to host first Saudi IoT exhibition & conference

Abdullah Al-Sawaha, minister of communications and information technology.
Updated 16 October 2017
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Riyadh to host first Saudi IoT exhibition & conference

The first Saudi International Exhibition and Conference for Internet of Things will take place in Riyadh from Jan. 28-30.
Experts in the fields of technology, communications, gas and petrochemicals, and services designed to propel the digital transformation of cities, communities, people, data and objects, will participate in the event.
New Horizon are the organizers of the event, which will take place at the Riyadh International Convention and Exhibition Center.
Abdullah Al-Sawaha, minister of communications and information technology, said: “The first Saudi International Exhibition and Conference for Internet of Things represents a major step in supporting the Kingdom’s Vision 2030, which has allocated a great deal of support to the IT sector, and affirmed its support for creative and innovative thinking to motivate young people to transform their ideas into actions and activities that contribute to the ongoing development efforts through Vision 2030.”
He added the Ministry of Communications and Information Technology is seeking to transform the Kingdom into a platform for Internet applications in the region and to explore the best ways to achieve this by using international expertise and facilitating access to appropriate funding.
Al-Sawaha said Saudi Arabia offers great opportunities in the field of IoT because “the market is still growing and the Kingdom has many researchers, developers and experts in this area.”
“We in the ministry oversee one of the most important sectors ... which is the telecommunications sector, described as the nervous system of a smart city, and we are working to ensure that this sector is active and responsive to the requirements of mega projects in this area.”
“This exhibition and conference is a very important event for the future of the Internet in the Kingdom,” said Shuaib bin Abdullah Al-Abdulrahman, general manager of New Horizon.
The Internet of Things is a network of physical objects, devices, buildings, and others embedded with electronic devices connected to the Internet to collect and share data in real time. This network enables objects to be sensed and made sensitive so that they can be remotely controlled through a real time network infrastructure, thus creating opportunities for a more direct integration into the real world in computer systems. This eventually results in improved efficiency, accuracy, and economic benefits.


TOUS opens 22nd jewelry store in Kingdom

Updated 25 September 2018
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TOUS opens 22nd jewelry store in Kingdom

TOUS International CEO Jose Maria Folache has opened the Kingdom’s 22nd TOUS store in Riyadh Park Mall, one of the largest shopping malls in the capital.

The new opening is in line with the TOUS strategy to consolidate and strengthen its leadership position in the affordable luxury jewelry market. 

The flagship store boasts a premium location of 133 square meters perfectly placed in the mall, which reflects the TOUS premium image status and suits the taste of lovers of unconventional jewelry collections.

There are displays of a wide variety of iconic affordable jewelry and accessories that cater to all needs and perfectly fit women from different age groups. 

The store boasts a unique modern design and showcases a wide range of TOUS collections for 2018 and 2019 that were launched at the opening. 

The ceremony was attended by Folache, Korayem Al-Enazi, chairman of the National Precious Metals Commission, and Selim Chidiac, CEO of L’Azurde Group, the new franchisee for TOUS in the Kingdom.

Female dignitaries, businessmen, the media, celebrities and TOUS jewelry lovers also attended. 

“We are always happy to see an international brand like TOUS increasing its investments in the Kingdom,” said Al-Enazi. 

“This reflects confidence in the Saudi market, and is fully in line with its Vision 2030 (reform plan). TOUS is an international brand with top-quality products. We look forward to their increased presence in the Kingdom, and further expansion and investment.”

Folache said: “We are excited to open the first TOUS store with our new partner, bringing the total number of stores across the Kingdom to 22, and at one of the most prestigious malls.” 

He added: “TOUS is keen to increase its investment in the Saudi market in line with Vision 2030, which reflects the promising future of the Saudi economy.”

He said: “We are confident about the potential of the Saudi market, and look forward to contributing to creating more job opportunities for Saudi youth and promoting investment in the Kingdom.”

Folache added: “We aim to fortify our presence in the Kingdom and expand our business, especially after TOUS’ consistent sales growth over the past years.”

He said: “TOUS carved a pioneering leadership position for the brand in the Saudi market, and we are confident that our partnership with the TOUS franchisee in the Kingdom will boost TOUS sales in the Saudi market as a global luxury brand.”

He added: “Our mission is to continue impressing our customers with our creative and innovative designs, while focusing at the same time on maintaining our original and genuine quality.”

Chidiac said: “The TOUS iconic jewelry collection is unique and modern, and complements our existing product portfolio perfectly.”

He added: “With TOUS, we will be able to reach new customer segments and offer affordable luxury products to consumers.”

Chidiac said: “We are confident that through our solid partnership with TOUS, we will enhance its position in the Saudi market.”

He added: “TOUS is an important addition to our business, and it comes in line with our strategic plan to expand into the affordable luxury jewelry segment.”