‘Centro by Rotana’ opens second Saudi hotel in Riyadh

Centro Waha Riyadh Hotel
Updated 22 October 2017
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‘Centro by Rotana’ opens second Saudi hotel in Riyadh

Rotana, a leading hotel management company in the region with hotels across the Middle East, Africa and Turkey, and SHUAA Capital Saudi Arabia (SCSA), a leading investment manager, have announced the opening of the Centro Waha Riyadh Hotel. This is the second hospitality project to be developed courtesy of the Shariah-compliant SHUAA Saudi Hospitality Fund I and under the Centro by Rotana brand in the Saudi market.
The new hotel includes 290 rooms, studios and hotel suites.
During the official opening ceremony, the CEO of SHUAA Capital Saudi Arabia, Omar Al-Jaroudi, noted that after the opening of Centro Shaheen in Jeddah last year, Centro Waha Riyadh is another significant milestone in the successful strategic partnership between SHUAA Capital Saudi Arabia and Rotana.
“The new hotel is the embodiment of our long-term vision for the Saudi hospitality market which is undergoing a period of rapid growth. Our partnership with Rotana has already proved to be a winning formula and we look forward to building on this success with the opening of more Centro hotels across the Kingdom,” Al-Jaroudi said.
Vice Chairman of Rotana Selim El-Zyr, said: “Today, we are proud and happy to participate in the Kingdom’s development journey, as we seek to contribute to the realization of the ambitious Vision 2030 and achieve the goals of the National Transformation Program 2020, which entails the activation of the Kingdom’s regional and global role as a commercial and economic center, as well as a destination for tourists and investors alike,” he said.
El-Zyr added: “The opening of Centro Waha in the capital Riyadh will support the showcased hotel rooms offering, and will also support the diversification of hotel products in the Kingdom’s hospitality sector.”
President and CEO of Rotana Omer Kaddouri said: “The new hotel is a unique part of Rotana’s eventful journey in the Saudi market. Business travel and accommodation for the budget-conscious executive is an increasingly important market and the Centro concept is specifically designed to cater to this rapidly expanding market. Appealing to large corporate entities, small and medium business owners, and individual travelers, Centro by Rotana is an ‘Essential Service’ hotel brand, which is much needed in the Kingdom.”


Saudi teams shine in Schneider Electric’s competition

Updated 20 August 2018
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Saudi teams shine in Schneider Electric’s competition

Schneider Electric, a global leader in digital transformation of energy management and automation operating in more than 100 countries, has announced the qualification of four teams from Saudi Arabia out of 10 teams from the Middle East and Africa for the final round of the 2018 Go Green in the City competition, which brings together college students from all corners of the world.
Marketing Excellence Director of the Middle East and Africa at Schneider Electric, Nora Al-Shiha, said that the achievement of the qualified teams from Saudi Arabia and the Middle East represents an advancement in the perceptions of college graduates toward environmental sustainability. She said it confirms the interactive ability of female Saudi graduates to work in teams that care about environmental safety and implement creative projects that promote the value of green initiatives in developed communities.
Al-Shiha noted that the participation of the Saudi teams is consistent with Schneider Electric’s objectives, as the Go Green in the City competition supports the use of creative ideas and the utilization of human resources to find solutions for smart cities and the economics of a green, sustainable environment.
According to Al-Shiha, the qualified teams will acquire training, guidance and early career counseling, which will shed light on young national talents and give them the opportunity to prove their abilities. The competition will grant the winners a variety of sponsorship, networking, and travel prospects, as well as job opportunities at Schneider Electric.
She added that in its eighth year, the global competition has become a major event for many educational institutions and college students around the world. Go Green in the City comes within the framework of Schneider Electric’s efforts to raise the levels of innovation and creativity among young men and women around the world, revolutionize new methods for handling different challenges, and reach solutions that make our planet more vital and sustainable.
The competition also aims to activate Schneider Electric’s contribution to the development boom sought by the Kingdom’s leadership, in addition to fulfilling the objectives of the National Transformation Program in accordance with the ambitious Vision 2030.
Raghad Al-Sulami, who is a member of the “Touk” team, praised Schneider Electric for giving her the chance to become a part of this global event, and for encouraging the four teams to showcase their creative skills. She pointed out that the chance of her team winning the grand prize is promising as they currently hold second place in the Middle East and North Africa.
Schneider Electric’s approach is in line with the aspirations of the Kingdom’s leadership to support Saudi women and empower them in all fields. The Saudi woman has become an active component alongside the Saudi man, now contributing to all types of businesses and events in the Kingdom.