New Accord 2018 launched across Honda showrooms in KSA

The 2018 Accord is the 10th generation of Honda’s perennially best-selling midsize sedan.
Updated 18 March 2018
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New Accord 2018 launched across Honda showrooms in KSA

Abdullah Hashim Co. Ltd., the sole distributor for Honda products in Saudi Arabia, has announced the launch of the 10th generation Accord 2018 model across all Honda showrooms in the Kingdom.
The 2018 Accord is the 10th generation of Honda’s perennially best-selling midsize sedan. The vehicle is built on a new platform with a lower, wider stance, a lighter and more rigid unibody structure, a lighter and more sophisticated chassis, two advanced new power units, including Accord’s first-ever turbocharged engines, and a new 10-speed automatic transmission.
In reimagining the Accord, the designers first established the fundamental packaging strategy. Consistent with the “Man Maximum-Machine Minimum (MM)” design philosophy that underpins all Honda designs, the team shrunk the Accord’s footprint while expanding its interior space, at the same time creating more premium and athletic proportions and stance. The move to 4-cylinder engines across the lineup is a key component of this approach, allowing a shorter engine bay while also reducing weight and improving dynamic performance.
The 2018 Accord takes an entirely new approach to performance with its two new direct-injected VTEC Turbo 4-cylinder engines with dual VTC — a 1.5-liter 16-valve inline-4 and a 2-liter 16-valve DOHC inline-4. Both new turbocharged engines produce peak torque across a broad range of engine speed (RPM), delivering smooth and virtually lag-free power in all driving conditions.
The new 2018 Accord boasts a larger, more premium and tech-savvy interior that complements its new body design and more refined and athletic driving character.
The Accord’s wider body and longer wheelbase contribute to its improved cabin space, most notably an additional 48 mm of rear legroom, as well as an added 70 liters of interior volume and 25 liters of trunk space.
The Accord 2.0T Sport features a head-up display, which utilizes a concave mirror located behind the instrument panel to project a broad range of information on the lower portion of the windshield directly in front of the driver. The driver can adjust the location of the projection (up and down) or turn off the system via switches on the instrument panel.
Display modes can be selected by a steering wheel-mounted thumb dial.


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.