Double honor for Alawwal Bank

This year’s ceremony was hosted at the Ritz Carlton, DIFC, Dubai.
Updated 28 May 2018
0

Double honor for Alawwal Bank

Alawwal Bank has been declared the “Best Private Bank in KSA” and “Most Innovative Bank in KSA” at this year’s Banker Middle East Awards. The awards, hosted on May 3 in Dubai, are one of the most coveted among the region’s leading financial institutions.
Commenting on the accolades, Soren Nikolajsen, managing director of Alawwal Bank, said: “As the Kingdom’s longest serving bank, it makes me extremely proud that we are still recognized as leaders in this hugely competitive market. We have a long tradition of pushing the boundaries of banking in the Kingdom that we work very hard to maintain.”
The selection as the “Most Innovative Bank in KSA” marks another step in Alawwal Bank’s 92-year history of leading positive change in the Kingdom’s financial services industry.
The bank has invested heavily in developing a market-leading range of digital banking services in recent years. Over the past 12 months, the bank witnessed a 50 percent increase in both online and mobile transactions.
The bank was first in the Kingdom to launch transactions on Apple Watch, as well as a celebrated digital branch that doubles as a café in one of Riyadh’s busiest shopping malls.
Alawwal also picked up the “Best Private Bank in KSA,” a category awarded to the organization that has excelled in servicing the complex needs of wealthy individuals.
The bank has a long history of serving high net worth individuals, and recently revamped its private banking centers enhancing the overall experience offered to customers.
This year’s ceremony was hosted at the Ritz Carlton, DIFC, Dubai and featured over 70 nominees from across the Middle East. The awards, now in their 7th year, recognize distinction across a range of financial services including retail, corporate, investment, private banking, asset management, fund management, finance companies and consultancy practices.


Al-Futtaim ACE hosts Eid celebration

Updated 18 June 2018
0

Al-Futtaim ACE hosts Eid celebration

Al-Futtaim ACE in Dubai celebrated Eid with 25-75 percent off its 25,000 product lines available both in-store and online. Customers enjoyed exciting deals on a range of home, DIY, outdoor and garden products as well as on electronic goods.
A number of in-store activities, such as a henna artist, balloons, cotton candy, pop corn and face painting for kids, kept everyone entertained. The Al-Futtaim ACE Eid Extravaganza ran from June 14-17.
Customers also took advantage of the recently launched “Price Match Protection,” which matches prices of branded products available at Al-Futtaim ACE to prices for the exact same make, model and specifications of products in the market, including at online retailers.
Al-Futtaim ACE stores offer over 33,000 great products of world-class brands such as WILKO, Karcher, Black & Decker, Makita, Clark + Kensington, Weber, Gardena and Leisuregrow.