McDonald’s KSA launches ‘VIP Drive Thru Club’

Updated 18 December 2017
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McDonald’s KSA launches ‘VIP Drive Thru Club’

McDonald’s has launched the “VIP Drive Thru Club” as part of its efforts to reward its customers. The program has been implemented in all McDonald’s KSA stores that offer drive-thru service in the western and southern regions of the Kingdom.
Customers can join the club through an easy process of “Download, stick and enjoy.” They can download and register on the McDonald’s app and head to the nearest McDonald’s store. On showing confirmation of registration, the customer will be provided with a sticker to be placed on the front window of the car.
Customers will be rewarded with their “favorite” products, which will constantly change depending on their preferences.
“McDonald’s KSA is offering customers a chance to claim exclusive monthly rewards, with purchases of SR40 ($10) or above. The ‘VIP Drive Thru Club’ is not just a way to be recognized as a valued customer of McDonald’s. The customers will also be part of our loyalty programs that enable them to receive different exciting offers for them and their families,” the fast-food chain said in a press release.
McDonald’s KSA said it strives to please customers by creating new offers to their liking. It is the McDonald’s way of providing its customers with innovative deals.
Mohamed Alireza, deputy general manager of Reza Food Services — McDonald’s west and south, said: “It brings us great pleasure to continuously provide our beloved customers with programs that are exciting. This program was set to recognize our loyal customers and reward them with what they love. We are planning to always keep this program relevant and thrilling.”


ICD, BBI launch global private sector platform

The agreement was signed by Ayman Sejiny, CEO of ICD, and Amer Bukvic, CEO of BBI, on Wednesday at the ICD’s headquarters in Jeddah.
Updated 19 May 2019
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ICD, BBI launch global private sector platform

The Islamic Corporation for the Development of the Private Sector (ICD) and Bosna Bank International (BBI) signed a memorandum of understanding on May 16 in Jeddah. The MoU is related to a new initiative — the Global Platform for Private Sector — where the two institutions and community of like-minded financial entities can collaborate on business opportunities, exchanging market intelligence and laying a foundation for actual financial transactions within the member countries and across borders.
The signing ceremony took place in ICD’s headquarters in Jeddah and the document was signed by Ayman Sejiny, CEO of ICD, and Amer Bukvic, CEO of BBI.
Sejiny said: “ICD takes the lead in launching such a platform network to demonstrate productive applications of fintech in modern global business affairs, to help reduce financial transaction costs for its member banks, leasing companies and micro-finance institutions and to upgrade the advisory services that ICD offers to its partners across the Islamic developmental network.”
Bukvic added: “We welcome the initiative and we’re happy to be among the first entities to sign the MoU with ICD. Such a platform would open opportunities for Bosnia and Herzegovina, BBI bank and other partners once implemented, and will most certainly facilitate investment across borders. This will extend our efforts already expressed by organizing international events in the capital of Bosnia and Herzegovina, such as the Sarajevo Business Forum and the Sarajevo Halal Fair.”

 

Bosna Bank International (BBI) d.d. Sarajevo is the first bank, both in Bosnia-Herzegovina and Southeast Europe, to operate in accordance with Islamic finance principles. BBI offers several types of financial services to retail and corporate clients through its business based on ethical principles and partnership. Shariah compliance is ensured by the BBI Shariah board with members of this board being prestigious local and international experts.
The Global Platform for Private Sector will be a cloud-based, next-generation, full-featured networking and fulfillment platform hosted by ICD for the benefit of its network of 88 financial institutions and 12 leasing companies worldwide. One major goal of this online platform is the sharing of investment, advisory, sukuk, financing and other deals in an environment of common Islamic values.
ICD is a multilateral development financial institution and is part of the Islamic Development Bank (IsDB) Group. It was established in November 1999 to support the economic development of its member countries through the provision of finance for private sector projects, promoting competition and entrepreneurship, providing advisory services to the governments and private companies and encouraging cross-border investments.
ICD has an authorized capital of $4 billion. Currently, the shareholders of ICD are the IsDB, 54 Islamic countries and five public financial institutions.

Decoder

The Global Platform for Private Sector will be a cloud-based, next-generation, full-featured networking and fulfillment platform hosted by ICD for the benefit of its network of 88 financial institutions and 12 leasing companies worldwide.