New Platinum Sands store in Riyadh’s Kingdom Centre

General Manager Shawky Al-Nassr and Khalid Nashar, owner of Bravo, cut the ribbon.
Updated 14 May 2019

New Platinum Sands store in Riyadh’s Kingdom Centre

Platinum Sands, a distributor of Ali Bin Ali brand of luxury watches and jewelry, has opened its second store in Riyadh’s Kingdom Centre.

At the inauguration ceremony, General Manager Shawky Al-Nassr cut the ribbon to mark the official opening of the boutique to the public. Joining him at the ribbon-cutting ceremony was Khalid Nashar, owner of Bravo. The event was attended by more than 100 prominent personalities, journalists and influencers, including Hala Al-Harthy, Sara Al-Kraidees and Narjis Al-Awami from MBC.

The luxurious ambiance of the store was enhanced by soft music playing in the background while guests enjoyed the hospitality of Fauchon Paris, Jeddah. Visitors toured the store and checked out the latest collections of watches and jewelry.

“We believe in the principle of always being the closest to our customers, and today we are with them in a place entirely characterized by luxury and sophistication, and in an ideal location to showcase our new product collections to an audience whose passion of luxury and sophistication is growing every day,” said Al-Nassr.

“We sought a celebration for our new boutique, which is illustrious in all aspects,” he added.

Also speaking at the event, Marketing Manager Arwa Al-Rimawi highlighted the success achieved by the brand and the competition created by it in the Saudi market.

“The company is constantly evolving, seeking all that is new and suits the modern tastes of both men and women,” she said.

The new boutique combines contemporary design with luxury and high-end display styles. On show are a variety of watch and jewelry designs and luxurious masterpieces.

360-degree mentoring to boost Saudi social enterprise sector

Updated 23 May 2019

360-degree mentoring to boost Saudi social enterprise sector

The King Khalid Foundation (KKF) and Mowgli Mentoring have collaborated to strengthen the growing social enterprise sector in the Kingdom through the provision of 360-degree mentoring, which will support the personal and professional development of social entrepreneurs. The EMCC-accredited mentoring organization is working to built the capacity of Saudi mentors by instilling best mentoring practices and sharing experiences from its 10-year work around the world.

Globally, the concept of social entrepreneurship is increasingly gaining momentum and positive attention as it combines commerce with social good, allowing entrepreneurs to go beyond profit to positively impact communities and societies. Supporting these entrepreneurs, therefore, is in line with the KKF’s vision, which is to have a Saudi society with equal opportunities.

The KKF’s collaboration with Mowgli resulted in the creation of the Athar (Impact) Mentoring Program.

This program aims to build and increase the capacity of Saudi mentors, and equip them with the necessary tools to be able to provide mentorship, support and guidance to social entrepreneurs in the Kingdom. Matching mentors with social entrepreneurs and managing their mentorship relationships is a key benefit of the program.

To commence the mentoring program, Mowgli recently delivered a four-day workshop in the KKF premises in Riyadh. Fourteen professionals and business leaders received training to be 360-degree mentors before being matched with 14 social entrepreneurs. Both groups were provided with the guidelines to build solid foundations for their 1-2-1 mentoring relationships. In addition, the matched pairs will be supported over a duration of six months, during which structured on-going support will be provided to ensure that trust-based and impactful mentoring relationships are developed.

Mowgli Mentoring’s CEO Kathleen Bury said: “We see this program supporting the three themes on which the Kingdom’s Vision 2030 was built upon: Developing a vibrant society, a thriving economy and an ambitious nation. By supporting social entrepreneurs, we’re working toward achieving the Kingdom’s economic aspirations of increasing SME GDP contribution by 20–30 percent by 2030. We are, therefore, excited to be back in Saudi Arabia and are honored to be working with the King Khalid Foundation in delivering this program, and building Saudi Arabia’s mentoring capacity to sustainably support change-makers and their surrounding ecosystems for years to come.”

The key to developing entrepreneurship and fostering economic development lies in having a well-balanced ecosystem with equal investment in four key pillars: Environment (schooling, parenting), finance (working capital, debt and equity financing), infrastructure (incubators, accelerators, utilities and sound legal frameworks) and human capital development (mentoring, skills and knowledge development). Mowgli supports the latter and has successfully delivered more than 110 mentoring programs across the Middle East, North Africa and sub-Saharan Africa.