Alinma Bank launches its first digital branch

The new digital branch is located on Prince Mohammed bin Abdulaziz Street (Tahliyyah) in Riyadh.
Updated 11 February 2019
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Alinma Bank launches its first digital branch

Alinma Bank has launched the first of what will be a full network of digital branches across the Kingdom. This move comes as part of Alinma’s ongoing effort to provide convenient, self-service banking solutions to its partners (customers). The new digital branch is located on Prince Mohammed bin Abdul Aziz Street (Tahliyyah) in Riyadh.

Alinma Bank CEO Abdulmohsen Al-Fares said: “We are pleased to be able to provide our partners with convenient, secure, around-the-clock digital banking services, even on weekends and holidays. Partners can open current accounts, issue and print ATM cards, update ID information, authenticate their digital signatures for their digital accounts, and much more, in a self-service environment that fully meets partners’ needs.”

He added: “Alinma’s new digital branch also features interactive teller machines (ITMs), small denomination ATMs and cash deposit machines for corporate partners. The digital branch is designed according to the latest banking and technical standards to facilitate the movement of the partner within the digital branch and to fulfill their needs in a timely manner.”

Alinma Bank has one of the most advanced technical infrastructures in Saudi Arabia, which was recognized in 2018 by Cambridge IFA, a leading international financial advisory firm, which named Alinma the “Most Innovative Islamic Retail Bank in the World.”


Cartier unveils Coloratura at historic Riyadh palace

Updated 13 February 2019
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Cartier unveils Coloratura at historic Riyadh palace

Guests of Cartier were treated to an unforgettable evening at the late King Faisal’s palace Qasr Al-Maather, situated in the heart of the Alfaisal University in Riyadh, as the maison unveiled its latest high jewelry collection Coloratura. 

The evening was held under the patronage of Princess Maha bint Mishari, vice president of external relations and advancement at Alfaisal University. In her opening remarks, she said: “The new friendship between maison Cartier and Alfaisal University is about the shared values and goals that we have in the areas of education and the empowerment of women.”

Princess Maha added: “Cartier’s global efforts as well as the great heart and commitment of the entire Cartier team were so very apparent in the spectacular exhibition created, as evidenced by the great care taken in preparation of the historic venue for the evening’s event.” 

Coloratura took the guests on a journey to the four corners of the globe, symbolic of Cartier’s long-standing relationship with India, Africa and the Orient. With dynamic stone pairings, unexpected color palettes and the illusion of infinite movement, Coloratura also featured exclusive pieces, created by Cartier especially for its Saudi clients.

Held in one of the Kingdom’s most iconic building, Coloratura was presented in conjunction with an exhibition of pieces from the Cartier Patrimony Collection, especially flown in for the occasion and illustrating the maison’s main creative influences throughout its history. A key piece of the exhibition was the Asma Allah Al-Husna bracelet, featuring a 19th century Islamic arts inspired creation.

“The legacy of the House of Cartier is ensured through the brilliance of its artisans, as is the legacy of Alfaisal ensured through that of its students. Shared values, mutual interests, and a commitment to education are what binds this collaboration for now, and for success in all its future endeavors to come,” said Princess Maha.

The guests witnessed and appreciated Cartier’s mastery of fine craftsmanship through pieces from the Tutti Frutti collection. A marriage of texture, color and form with sapphires, rubies and emeralds, Tutti Frutti possesses a unique style that dates back to the 1920s. 

“After Paris, Tokyo and Seoul, we are proud to offer our Saudi clients this stunning showcase of Cartier’s know-how in their home country,” said Alban du Mesnil du Buisson, managing director Cartier Saudi Arabia. 

“We are very pleased to have our event open to the public on one of the exhibition days, and truly honored to host it inside this unique and culturally significant structure that symbolizes the Kingdom’s commitment to nurturing and educating its community and youth — a philosophy that echoes Cartier’s values,” he added.