Toshiba launches world’s first multifunction hybrid printing system

Saudi Arabia has been chosen as the first country to launch this product within the GCC countries.
Updated 03 March 2018

Toshiba launches world’s first multifunction hybrid printing system

Toshiba TEC and Arabian Business Machine Co. (Olayan) have announced the launch of the e-STUDIO 3508LP series. It is the world’s first series of monochrome multifunction systems with Toshiba’s unique hybrid print technology. Saudi Arabia has been chosen as the first country to launch this product within the GCC countries.
“With the increase in environmental awareness, we truly believe that in today’s world businesses have to operate efficiently, economically and ecologically if they want to be successful,” said Pradeep Kumar, head of business solutions at Toshiba Gulf.
He added: “Our unique hybrid print technology, which is also the world’s first, allows businesses to print efficiently while also achieving their environmental goals. By bridging the gap between reducing paper usage and recycling paper, our customers can use less paper without having to change their printing habits.”
Toshiba has a strong and successful partnership with Arabian Business Machine Co. (ABM) and Olayan in Saudi Arabia since 1983 and for the high level of commitment toward the business, Toshiba has been presented the ABM “Outstanding Achievement” award in the “Color MFP & Solution Sales in MEA region” category.
Newly and recently launched eBN series models allow customizable user interface (UI) based on customer requirements.
e-Bridge Cloud Connect(ECC), a remote fleet monitoring and service management tool, helps ABM to remotely monitor the existing Toshiba machines and manage them proactively.
Toshiba e-STUDIO3508LP has won the Buyers Lab’s Outstanding Achievement in Innovation award. For over 50 years, Buyers Lab has been the global document imaging industry’s resource for unbiased and reliable information, test data, and competitive selling tools.
Ihab Wahba, general manager of Arabian Business Machines Co., said: “Toshiba’s innovative and unique printing technologies represent an important drive in the protection of our ecosystem and utilization of ecofriendly machines that help save the environment and natural resources for the coming generations.”
He added: “We, at ABM, offer managed print services to our valued existing and new customers, to get a crystal-clear vision of printing environment and reduce operating costs and avoid paper wastage while enhancing performance and productivity, and saving the environment.”

Emirates NBD opens branch in Alkhobar

Updated 20 September 2018

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.