Saudia Cargo renews Human Organ Transportation Agreement

Saudia Cargo CEO Omar Hariri signed the agreement with SCOT Director General Dr. Faisal Shaheen at the Saudia Cargo’s Jeddah-based main office.
Updated 30 July 2018
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Saudia Cargo renews Human Organ Transportation Agreement

Saudia Cargo has renewed the Human Organ Transportation Agreement with the Saudi Center for Organ Transplantation (SCOT) for the fourth consecutive year.
The renewal reflects Saudia Cargo’s efforts to support humanitarian and social work.
Saudia Cargo CEO Omar Hariri signed the agreement with SCOT Director General Dr. Faisal Shaheen at the Saudia Cargo’s Jeddah-based main office.
“Saudi Cargo will continue to provide domestic and overseas organ transportation services and support SCOT’s objectives and humanitarian programs because it recognizes the nobility of these objectives and programs. We are proud to support SCOT activities and deliver all types of organ shipments in line with international health care requirements and standards. Organ transportation shipments come at the top of our priority,” said Hariri.
Shaheen expressed his thanks to Saudia Cargo, commending the company’s sophisticated and advanced logistic services and excellent coordination with the center over the last years.
“The company’s dedication has strengthened our collaboration toward promoting humanitarian work,” he said.


Emirates NBD opens branch in Alkhobar

Updated 19 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.