Fine Baby named ‘Pediatric Product of the Year’

The Medical Wellness Association granted Fine Baby diapers the ‘Pediatric Product of the Year’ award.
Updated 04 March 2018

Fine Baby named ‘Pediatric Product of the Year’

Everyone wants the best for their babies. Whether it is the healthiest food options or the most prestigious nursery, money is not an issue when it comes to offering our children the highest quality of life. But does the best always have to come with a hefty price tag?
Fine Hygienic Holding (FHH) — one of the world’s leading manufacturers of hygienic paper products — does not think so. It claims to offer customers high-quality products for the best value of money.
Fine announced at a recent press conference that the pediatricians of the Medical Wellness Association granted Fine Baby diapers the “Pediatric Product of the Year” award.
This is the first time a diaper has won across all baby care categories worldwide. The diaper was judged on its quality and durability and was recognized as the winner due to its high absorption and lotion top sheet, which helps keep babies’ skin dry and healthy. This award, combined with the Medical Wellness Association’s standing endorsement of Fine Baby diapers, makes it the only diaper in the world with such recognition.
The Medical Wellness Association (MWA) worldwide is a professional licensed organization based in the US, which promotes and integrates professional development of medical and health promotion programs.
“This year Fine is celebrating its 60th anniversary, so this distinguished award could not have come at a more auspicious time,” said Ahmad Zain, chief of commercial at Fine Hygienic Holding.
“This recognition is just a testament to Fine’s heritage of innovation and quality, and we thank the Medical Wellness Association for seeing that in our Fine Baby products. This proves that by focusing on providing the best products possible, we can achieve greatness,” he added.
Rawan Emeish, chief of absorbents category at FHH, said: “This is a huge honor for not only Fine Baby but for Saudi Arabia. The pediatricians of the Medical Wellness Association chose Fine Baby from all the baby care products across the world and awarded it with the ‘Product of the Year’ award. It’s a huge honor and goes to show the strength of Saudi ingenuity and innovation in action.”

GIB Capital takes 4 EMEA Finance awards

Updated 12 December 2018

GIB Capital takes 4 EMEA Finance awards

GIB Capital, a Riyadh-based regional investment banking and asset management arm of Gulf International Bank (GIB), has won awards in four categories in the EMEA Finance Middle East Banking Awards 2018.

The awards for the 11th year are recognizing the achievements of the best banks, asset managers and brokers in countries across the Middle East. 

Recognizing GIB Capital’s continued regional market leadership across investment banking products, EMEA Finance named GIB Capital as the “Best Investment Bank in the Middle East,” “Best Local Investment Bank — Saudi Arabia” and “Best Local Investment Bank — Bahrain,” each for the third consecutive year. GIB Capital was also named the “Best Foreign Investment Bank — Oman” for the second consecutive year. 

Osamah Mohammed Shaker, CEO of GIB Capital, said: “We’re extremely proud of the work that GIB Capital is doing for our clients across the GCC and of the recognition and confidence we continue to enjoy from the market for excellence in investment banking. The continued recognition that we have received across a number of geographies underscores our position as a leading player in our core markets.” 

During the 12-month review period for the EMEA Finance awards, GIB Capital completed over $17 billion in capital market transactions including sovereign issuances for Saudi Arabia, Bahrain and Oman. GIB Capital also assisted the shareholders of Saudi Tabreed District Cooling Company with the sale of a minority shareholding to IDB Infrastructure Fund II, in which the major investors include the Islamic Development Bank (IDB), Public Investment Fund (PIF), Public Pension Agency (PPA) of Saudi Arabia, Ministry of Finance of Bahrain and the Ministry of Finance of Brunei Darussalam. 

In another landmark transaction, GIB Capital assisted the shareholders of Byrne Equipment Rental Company with the sale of 100 percent shareholding to a consortium of investors including CITIC Pacific, a Chinese sovereign wealth fund, and V-Power, a Chinese company engaged in power generation.

EMEA Finance is among the leading information sources for the finance industry, delivering compelling and relevant reporting about the activities, challenges and opportunities that exist in one of the world’s most dynamic and emerging regions — the combined emerging Europe, Middle East and Africa. Awards are set to be presented to winners at the magazine’s annual awards ceremony taking place in Dubai in February 2019.