CEO of twofour54 honored for contribution to UAE’s media industry

Maryam Eid Al-Mheiri, CEO of Media Zone Authority — Abu Dhabi and twofour54, received the award at a ceremony held at Emirates Palace in Abu Dhabi.
Updated 11 December 2017
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CEO of twofour54 honored for contribution to UAE’s media industry

Maryam Eid Al-Mheiri, CEO of Media Zone Authority — Abu Dhabi and twofour54, was recognized on Saturday at the Arab Woman Awards for her work in helping to build a thriving media industry in the UAE.
Al-Mheiri received the Media Award at a ceremony held at Emirates Palace in Abu Dhabi for both her work in the sector and being a role model for young women.
The Arab Woman Awards were launched in 2009 with the aim of raising awareness of the significant achievements of Arab women across the GCC. So far, more than 300 women have been recognized for their work in fields such as media, arts, fashion, and business.
The awards are held in four Gulf countries, including Saudi Arabia and the UAE, and the recipients are chosen by a panel of judges drawn from a variety of fields. The criteria for each award includes that nominees have achieved something outstanding in their field over the past 12 months, as well as having contributed positively to society and act as an inspiration to young women.
One of the goals of twofour54, it said, is to develop local talent, which is key to building a sustainable media sector. It has launched initiatives focused on raising awareness of career opportunities as well as programs to help young people on their journey to becoming the storytellers of the future by developing their skills and experience.
Al-Mheiri said: “I am honored to have received the Media Award at the Arab Woman Awards. This award is as much a reflection of the inspiration I have received from the wise leadership of our country and the support of my family and colleagues as it is of my own professional achievements.”
She added: “It is an intrinsic part of our society to dream and to plan for the future, something that has been instilled in all of us since we were children. It is why we have achieved so much as a nation in such a relatively short period of time.
“So, I urge young people across the Arab world to also follow their dreams, to share their stories, and ensure their voices are heard. I urge them to look for opportunity around every corner so they can realize their full potential.”


Emirates NBD opens branch in Alkhobar

Updated 20 September 2018
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Emirates NBD opens branch in Alkhobar

Emirates NBD, a banking group in the Middle East, has expanded its presence in the Kingdom with the opening of its first branch in Alkhobar in the Eastern Province. Emirates NBD now covers three key regions in Saudi Arabia with a presence in Riyadh, Jeddah and Alkhobar. 

As Saudi Arabia progresses plans for economic reform, in line with its Vision 2030, Emirates NBD’s presence builds on the growing economic and trade ties between Saudi Arabia and the UAE. Following the establishment of the Saudi-Emirati Coordination Council, the UAE and Saudi Arabia recently announced The Strategy of Resolve, a joint vision for economic development through 44 joint strategic projects within a five-year time frame. 

UAE-based Emirates NBD is the first non-Saudi bank with a significant branch network across the Kingdom. The bank offers retail, private, business and wholesale banking across its network of three full-fledged branches in the Kingdom, in addition to corporate finance advisory, project and syndicated finance through Emirates NBD Capital KSA, the bank’s investment banking arm.

Emirates NBD also operates in Egypt, India, Singapore, and the UK with representative offices in China and Indonesia. 

“Our presence in Saudi is integral to Emirates NBD’s growth strategy as we continue to explore opportunities in the GCC region’s largest and most dynamic economy,” said Hesham Abdulla Al-Qassim, vice chairman and managing director of Emirates NBD. 

“Saudi Arabia is in the midst of a landmark economic transformation and we look forward to continuing to support Saudi individuals and businesses looking for a trusted banking partner.” 

Emirates NBD recently renewed its partnership with the Kingdom’s Kafalah Program, which aims to promote financing to small and medium enterprises (SMEs) within the country.

Loai Abduljawad, CEO of Emirates NBD KSA, said: “Emirates NBD’s expanded network strengthens our offering to individuals and corporates in Saudi Arabia looking to invest and trade across the MENA region and beyond. Our superior value proposition, built on the bank’s unique ‘high tech + high touch’ philosophy of offering customers a modern banking experience complemented by personalized advisory services, will enable us to strengthen customer acquisition in the Kingdom as we continue to support the country’s long-term growth and development goals, as outlined in Saudi Vision 2030.” 

Emirates NBD is a leading banking group in the region. As of June 30, 2018, its total assets were 477.5 billion dirhams, ($130 billion). The group has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry, with over 90 percent of all financial transactions and requests conducted outside of its branches. The bank was declared the “Most Innovative Financial Services Organization of the Year” at the 2017 BAI Global Innovation Awards.