Jeddah to host multi-sectoral trade expo

The event will be held at the Jeddah Center for Forums and Events from Nov. 20-23.
Updated 15 November 2017
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Jeddah to host multi-sectoral trade expo

Over 200 local and international companies will participate in the 29th Jeddah International Trade Fair (JITF), which will be held at the Jeddah Center for Forums and Events from Nov. 20-23.
The four-day annual event will bring together a wide range of multi-sector products, clothing, fashion wear, textiles, leather goods, home décor accessories, appliances and much more.
This year, the show is dominated by international participation with national pavilions from China, Morocco, Indonesia, Egypt and individual companies from India and the UAE. The event, held in a venue spanning 2,000-square-meters, provides opportunities for Saudi companies to have agencies, distributorships, dealerships and joint venture agreements with their international counterparts.
Zahoor Siddique, vice president of Al-Harithy Company for Exhibitions (ACE), organizers of the event, said the fair offers endless opportunities for both investors and exhibitors to help enhance the ever-growing Saudi franchise market.
He said: “It offers a unique exposition for manufacturers, suppliers, buyers and users of a wide range of goods and services as well as opportunities for investment and trade promotions.”
JITF 2017 is in line with Saudi Arabia’s Vision 2030 seeking to identify all general directions, policies, goals and objectives of the Kingdom and whose aim is to grant the country a leading position in all fields. It aims to ultimately enhance the level and quality of services provided to beneficiaries to achieve a prosperous future and a sustainable development.
The fair is held concurrently with “Textiles Arabia,” the fourth textiles expo and a leading trade fair for all kinds of textiles, fabrics and materials.
JITF serves as an annual meeting point for international and regional franchisers, entrepreneurs, agents, and business owners either seeking face-to-face interaction with investors, or establishing long-term connections with potential franchisees.
The show timings are from 4 p.m. to 10 p.m.


SABB becomes ICAEW authorized training employer

Updated 12 min 23 sec ago
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SABB becomes ICAEW authorized training employer

The Saudi British Bank (SABB) has joined forces with Institute of Chartered Accountants in England & Wales (ICAEW) to become the first bank in the Kingdom to be an ICAEW authorized training employer. The partnership will help SABB attract and retain talented individuals by offering ICAEW’s ACA qualification.

The new partnership is part of the SABB’s strategy to become a best-in-class international finance organization, but most importantly by supporting the Saudi Vision 2030. By providing Saudi nationals access to internationally recognized qualifications and training, supporting development of their skills and abilities, SABB aims to help them achieve a better future that matches their qualifications and ambitions.

Matthew Pearce, chief financial officer at SABB, said: “By partnering with a world-leading accountancy and finance organization that maintains the highest professional standards, SABB is very proud to become the first bank in the Kingdom to be an authorized training employer with ICAEW. This partnership aligns with SABB’s vision and strategy to be internationally connected while developing Saudi nationals and supporting Vision 2030.”

Completing the ACA qualification enables professionals to use the title “ICAEW Chartered Accountant.” 

Michael Armstrong FCA, ICAEW regional director, Middle East, Africa and South Asia, said: “ICAEW works with employers to support the professional development of their teams. In Saudi Arabia, ICAEW works alongside the national profession to complement the important national accountancy qualification and equip finance talent with the broad range of technical knowledge and professional skills they need to make a great contribution to their organizations. 

“As an authorized training employer, SABB will be able to prepare employees for the internationally recognized ACA qualification. Throughout the world, our training partners benefit from being able to attract the best talent and develop the next generation of business leaders. Our partnership with SABB underscores its commitment to remain at the forefront of the fast-paced banking industry and contribute to the growth of Saudi Arabia’s financial services industry.”