Bidaya shines at Global Business Outlook awards

Bidaya CEO Mazin Al-Ghunaim
Updated 29 January 2019

Bidaya shines at Global Business Outlook awards

Saudi real estate finance company Bidaya Home Finance has been recognized as a global leader in a worldwide search for the best consumer banking products.

The Riyadh-based company was named “Best Home Finance Provider” and “Best Digital Transformation in Online Payment” at an awards event organized by UK-based publication Global Business Outlook.

The 2018 Global Business Outlook awards recognized and rewarded excellence in business in the public and private sectors all over the globe and were open to companies of all sizes based in any geographic location.

Bidaya CEO Mazin Al-Ghunaim said: “These awards are a recognition that we are on the right track with our strategy to ensure home ownership levels in the country rise to 60 percent in 2020 and 70 percent in 2030, aligned with the ambition of Saudi Vision 2030.”

This is a great tribute to the professionalism of the entire Bidaya Home Finance team, and we are extremely delighted to achieve these two coveted honors in the face of such strong competition.”

In 2018, Bidaya won the “Best Islamic Digital Bank Award” for the third year in a row, in addition to the “Best Digital Mortgage Bank in the Middle East” and “Best Digital Mortgage Bank in KSA” at the Global Finance Awards 2018.


Bentley marks 100 years at Monterey Car Week

Updated 21 August 2019

Bentley marks 100 years at Monterey Car Week

As part of its centenary celebrations, Bentley hosted a number of events during the Monterey Car Week, from Aug. 15 to 18.

To mark the occasion, two models debuted — the new Flying Spur luxury four-door grand tourer, and the EXP 100 GT: A vision of luxury mobility in 2035.

The third-generation Flying Spur sets new standards of driving enjoyment and luxury, showcasing Bentley’s application of modern technology, while integrating the latest British craftsmanship and innovation features.

The new Flying Spur will be the most advanced luxury grand touring four-door available. 

Alongside its totally new and advanced aluminum and composite chassis, it features optional electronic all-wheel steering — a first for a Bentley, coupled with active all-wheel drive and the Bentley Dynamic Ride active anti-roll system powered by a 48V architecture.

The Flying Spur was put on display on Aug. 16 at the Quail — a motorsports gathering and at the Home of Bentley for the remainder of the weekend.

It was joined by the EXP 100 GT concept car, which made its US debut. With the EXP 100 GT, Bentley has reimagined the idea of grand touring for the future.

The EXP 100 GT is pure Bentley, inspired by the company’s deep understanding of the desires of its forward-thinking customers. It embraces artificial intelligence (AI) as a means to reassert the car as a place for creating, experiencing and capturing extraordinary human experiences and emotions.

It displays the future of luxury craftsmanship with a seamless fusion of materials and the intelligent curation of technology. The vehicle’s battery system will power four motors that deliver superior performance. Projected performance figures include a 0-60 mph time of less than 2.5 seconds, a top speed of 186 mph, and maximum torque of 1,500 Nm.

Ahead of the EXP 100 GT’s Americas debut, Bentley launched a new and dedicated app for Apple devices.

Released on Aug. 12, the “Bentley 100 AR” app uses a printable QR code to provide an augmented reality experience of the EXP 100 GT, allowing users to explore the exterior and interior of the concept car. Users can even interact with a virtual version of the car in full scale, by using the app at selected Bentley retailers.

Bentley was a featured marque at Pebble Beach Concours d’Elegance, where numerous classic models competed in Bentley Centennial classes, including Vintage 4 Cylinder, Vintage 6 Cylinder, Derby and Postwar.