Hyundai offers limited-time rewards on Sonata

The 2018 Sonata builds on the model’s legacy stretching back through three decades of success
Updated 10 September 2018
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Hyundai offers limited-time rewards on Sonata

Hyundai’s three Saudi distributors — Al-Wallan Motors in Riyadh, Mohammed Yousuf Naghi Motors in Jeddah, and Almajdouie Motors in Dammam — are offering great deals on the current 2018 Hyundai Sonata. With different deals for each region, the company said that the buyers are being offered a combination of big savings, easy payment plans, and free servicing, with more details on specific offers available from local Hyundai showrooms.

“With Sonata already a favorite with buyers in Saudi Arabia, this is a great chance for customers wanting to upgrade from a compact sedan to a more spacious, dynamic, and stylish model, while taking advantage of extremely competitive deals that put Sonata even further ahead of its rivals,” the carmaker said.

The promotion runs until October across all Hyundai showrooms in the Kingdom.

Created at Hyundai’s California Design Studio, the 2018 Sonata builds on the model’s legacy stretching back through three decades of success. For this latest version, the dramatic appearance is highlighted by Hyundai’s signature “Cascading Grille” in front, with sleek styling from front to rear giving the sedan a powerful, dynamic stance.

The interior style matches the exterior appearance, with a premium look and feel, including a sporty three-spoke steering wheel and piano-key buttons to control the audio system and heating, ventilation and air conditioning. The 2018 Sonata can be equipped with an optional seven-inch color display audio touchscreen, and enabled for Apple CarPlay integration. The available navigation system is enhanced with a bird’s-eye-view feature.

Convenience features offered include remote engine start with smart key, so drivers can warm the engine and run the air conditioning before getting into the car. Smartphones can now be charged without a plug using the available wireless charging pad (Qi standard).

Every 2018 Sonata can be equipped with blind spot detection (BSD) with rear cross-traffic alert (RCTA), and front and rear parking assist (PAS). Working in conjunction with the standard rearview camera, RCTA gives drivers peace of mind that the road behind them is clear. 

The Hyundai Sonata features a selection of advanced, all-alloy four-cylinder engines, including 2.4-liter MPI and 2.4 GDI engines, both with six-speed automatic transmission, and a two-liter turbocharged GDI with eight-speed automatic transmission.


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.