Bidaya shines at Global Business Outlook awards

Bidaya CEO Mazin Al-Ghunaim
Updated 29 January 2019
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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.


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.