SEDCO’s financial literacy program wins London award

The award was presented at the Park Plaza Westminster Bridge Hotel in London.
Updated 02 December 2018
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SEDCO’s financial literacy program wins London award

SEDCO Holding’s Rowad Riyali, an Arabic financial literacy program for entrepreneurs, has won the Learning Technologies Award for Best Learning Technologies Project — Public and Non-Profit Sector, presented at the Park Plaza Westminster Bridge Hotel in London.
The Learning Technologies Awards showcase some of the most recognizable, memorable and life-changing e-learning projects worldwide and are internationally recognized. The finalists were selected by an independent judging panel of experts organized by the eLearning Network. More than 400 entries from 22 categories were whittled down to produce a 185-strong shortlist showcasing learning technologies, out of which Rowad Riyali emerged as one of the winners.
SEDCO Holding CEO Hasan Al-Jabri said: “Rowad Riyali for entrepreneurs is an extension of our hugely successful Riyali program that addresses the need to educate the Saudi population on financial literacy and empower people with personal financial skills required to achieve a prosperous life. The program aims to empower entrepreneurs with the financial management skills and knowledge needed to be able to run and manage their businesses effectively and successfully.”
One of the many CSR programs funded by the company, the Rowad program was developed for SEDCO by Beirut-based Kashida, a team of passionate education professionals with many years of experience as content developers in educational technology. “Kashida’s vision is to give everyone the opportunity to learn, simply, and from this starting point, we design bespoke learning experiences that serve the best interests of the learners first, making learning engaging and accessible. SEDCO was the perfect partner for us because they not only support our vision, but have actually made it a reality with their Riyali platform,” Raneem Mourad, managing partner at Kashida, said.
Kashida based the program on an approach that ensures knowledge retention and provides practical methods for financial management within the entrepreneurial journey, including applied tools and simulations. Utilizing real-life successful entrepreneurs to present the content, the resulting solution was delivered in a self-paced format on the Riyali platform and a blended format in collaboration with startup incubators across Saudi Arabia.
Riyali was launched in 2012 and aims to familiarize members of the community with financial planning and management in order to meet their personal financial responsibilities, focusing on financial concepts such as planning, budgeting, saving, investing and borrowing in order to empower them with the personal financial skills required to achieve a desirable standard of living. 
Riyali aims to raise awareness and amplify positive change in youth behavior toward personal financial planning and responsibility. The program is delivered online on multiple e-education platforms in addition to Riyali.com. More than 8,300 beneficiaries have been enrolled in the Rowad Riyali program to date.
With more than 430,000 beneficiaries from Riyali’s Ashbal, Shabab and Rowad programs, Riyali aims to reach 2 million students and entrepreneurs across the Kingdom by 2020.


Top CEO Conference & Awards wraps up in Bahrain

Updated 17 April 2019
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Top CEO Conference & Awards wraps up in Bahrain

The Top CEO Conference & Awards 2019, organized by TRENDS magazine — Mediaquest and international business school INSEAD, has concluded at the Al-Areen Palace and Spa in Bahrain. The event, held on Thursday, included seven key panel discussions under the theme “Growth in a Volatile Future” as well as the Top CEO Awards 2019 ceremony, which recognized the region’s most successful and trendsetting CEOs from more than 700 companies listed on GCC stock exchanges.

Top business leaders and more than 30 speakers from across the GCC shed light on the Middle East’s dynamic but volatile region and the burning issues facing the corporate world today. This year’s theme focused on a score of relevant issues, such as oil price fluctuations, tech disruptions, armed and political schisms that pose new risks, and opportunities. Speakers such as renowned economist Professor Nouriel Roubini provided growth solutions and road maps for businesses in the GCC region.

Alexandre Hawari, CEO of Mediaquest, said: “In its fifth edition, the Top CEO Conference & Awards fully encapsulated the theme of ‘Growth in a Volatile Future’ by acknowledging and exploring the growth transformation that the region is undergoing through digitalization and the fourth industrial revolution amid geopolitical tensions, looming trade wars and a rapidly evolving business environment. Building on the huge success of the previous years, the Top CEO Awards 2019 recognized CEOs and companies who have raised the bar by navigating challenges, implementing new strategies, and have demonstrated unquestionable growth, profitability and excellence in corporate governance.”

The conference kicked off with an opening keynote from Jassim Al-Seddiqi, CEO of the Abu Dhabi Financial Group and chairman of GFH Financial Group, who delved into the potential of transforming the region into a fintech hub and the importance of jumping on the digital bandwagon. 

The prime panel discussion on the “Future of Growth Amid Volatility” brought together five CEOs who explored methods to create future-proof strategies that can not only tackle challenges but also boost growth in a tough geopolitical and economic climate. 

Hisham Al-Rayes, CEO and board member of the GFH Financial Group, said: “Investing in the future in areas such as fintech, education and technology, the foundations for strong, enduring knowledge-based economies, is a priority for the group and the governments of the region in which we invest.”

“The Blockchain Opportunity” and “The Human Factor and Tech Innovation” panels brought together industry experts from Facebook, the Bahrain FinTech Bay and King Abdul Aziz University. 

“The Future of Women’s Business Leadership” panel discussed positive strides taken by GCC governments and businesses in leveling the playing field for women professionals.