Grundfos event ensures availability of clean drinking water in the region

Experts speak at the forum in Riyadh.
Updated 19 January 2018
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Grundfos event ensures availability of clean drinking water in the region

Grundfos, the award-winning world leader in advanced pump solutions, recently organized a forum on bromate in Riyadh’s Movenpick Hotel.
The event was held under the title “Water Desalination — Bromate Even.”
A large number of experts, government officials and members of multinational corporations attended the event to discuss issues related to water desalination and promoting health and safety regulations for drinking water in the region.
Henning Sandager, managing director, Grundfos, Middle East and Turkey, said: “The significance of this event emanates from the importance of water desalination and providing healthy and clean drinking water to people in this region. The topics discussed during the forum do not only address critical challenges facing the region, they also conform with Saudi Vision 2030.
“Removing harmful chemicals from desalinated drinking water is a pressing issue for countries which do not have sufficient natural water resources. Grundfos is well positioned to spearhead the endeavors of the region’s governments in achieving their ultimate goal of ensuring sustainable drinking water for their growing populations.”
The proceedings of the forum witnessed the participation of two main speakers: Corrado Sommariva, managing director of ILF Consulting Engineers, who has vast experience in thermal, reverse osmosis and wastewater systems; and Carlos Demmerle, member of the Council of Technical Sales, and Industrial Product Management Working Group within the German Association of Engineers. The speakers shed light on the main challenges related to bromate and drinking water.
A special seminar was held to discuss the most challenging issues on the subject. A panel discussion was also organized to highlight topics related to bromate, including the implementation of given suggestions under Saudi Vision 2030.


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.