GAC Motor opens largest Saudi service center

The opening event featured a ribbon-cutting ceremony and the launch of the GS7 SUV and the GM8 minivan.
Updated 04 February 2019

GAC Motor opens largest Saudi service center

Automaker GAC Motor has opened a new sales and service center in the heart of the automobile business district in Riyadh.
The 5,588-meter-square center, located on Makkah Al-Mukarramah Road, is the largest GAC Motor store among the four existing centers in the Kingdom and is operated by Aljomaih Automotive Company (AAC), the automaker’s exclusive dealer in Saudi Arabia. The three other sales and service centers are located in Jeddah and Dammam.
The opening ceremony featured the launch of the GS7 SUV and the GM8 minivan. The event was attended by over 100 VIP guests and members of the media.
Among the guests were Li Bei, office director at the Chinese Embassy; Chen Hanjun, vice president of GAC Group; Yu Jun, president of GAC Motor; Wang Shunsheng, vice president of GAC Motor International; and Sheikh Waleed, COO of AAC.
“The opening of the Riyadh sales and service center today and the launch of new vehicles is another milestone indicating GAC Motor’s retail channel arrangements in the three major cities of Saudi Arabia in full operation. We are committed to providing Saudi Arabian customers with an enjoyable mobile experience,” said President of GAC Motor Yu Jun.
GAC Motor’s partnership with AAC is of strategic significance in the Middle East. AAC has more than 50 years of sales and service experience in the region. GAC Motor signed a partnership agreement with AAC in 2018 to invest and build four sales and service centers, with the goal of making GAC Motor a mainstream automotive brand in Saudi Arabia in the next three to five years.
Sheikh Waleed, COO of AAC, said: “We have set a great goal and challenge to satisfy our customers in the Kingdom by providing services that are in line with the name and luxury of GAC cars.” He said he is confident that the quality of GAC Motor’s products will exceed the expectations of the consumers in the Saudi market.

Top CEO Conference & Awards wraps up in Bahrain

Updated 17 April 2019

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.