ICC appoints Saudi on executive board

Updated 20 June 2015

ICC appoints Saudi on executive board

The Paris-based International Chambers of Commerce has selected a Saudi as its executive board member. Yassin bin Saeed Al-Suroor, a businessman and president of the ICC Saudi chapter, is based at the Council of Saudi Chambers (CSC) here.
The selection came recently at the global ICC meeting at the Italian city of Torino, following a strong completion for the membership of the board from 23 candidates from all over the world.
Al-Suroor, the ICC’s Middle East and Arab region representative, expressed his appreciation of the ICC for his selection. “The selection has come in recognition of the role the ICC-SA plays in international business and trade,” he said.
It is also in recognition of the increasing important role the Kingdom of Saudi Arabia is playing in the international economic arena, he added.
Al-Suroor said the executive board is composed of top international business executives that works at senior level positions at ICC chapters all over the world. It is the highest body of ICC responsible for the formulation and implementation of the ICC strategies globally.
ICC is the world business organization founded in 1919, as the only representative body that speaks with authority on behalf of enterprises from all sectors in every part of the world. It promotes an open international trade and investment system and the market economy.
It also provides essential services, foremost among them the ICC International Court of Arbitration.
In 1947, the year of the creation of the United Nations, ICC was granted the consultative status at the highest level with the UN and its specialized agencies, including the World Trade Organization and the G8.
The ICC today comprises thousands of member companies and associations from over 140 countries, including Saudi Arabia.


Hyundai launches new i30 N in South Africa

Updated 19 February 2020

Hyundai launches new i30 N in South Africa

Hyundai Motors has increased its presence in South Africa by launching its first mass-produced high-performance car — i30 N — last week in Cape Town. 

The first model of the N brand, the i30 N is Hyundai’s first high-performance car, which has been developed with a key focus on its race-track capability and its ability to be a fun-to-drive everyday sports car. 

“Advanced technology and a high level of driver customization has been built into the i30 N, which means it can play the role of a comfort-oriented commuter as well as a race-track ready performance car,” the automaker said.

The i30 N has a 1,998 cc, four-cylinder turbocharged petrol engine, with its maximum power output of 202 kW reached at 6,000 r/minute, while maximum torque is achieved from 1,500 to 4 700 r/minute. 

The power is delivered to the front wheels of the i30 N through a six-speed manual gearbox and has five different drive modes: Eco, Normal, Sport, N and N Custom, which can be accessed through two dedicated buttons on the car’s steering wheel. 

The i30 N has a rev matching function built-in to adjust the engine revolutions when the driver shifts from a higher to a lower gear, thereby ensuring smooth gear shifting. The dual muffler exhaust sounds add to the pleasure of commanding a high-performance vehicle.

Speaking at the launch, Niall Lynch, CEO of Hyundai Automotive South, said: “The i30 N is one of the most exciting cars Hyundai has made in the recent years highlighting Hyundai’s talented designers and engineers who are always setting new standards.

“It is a high-performance car meant to deliver a fun driving experience and I have no doubt there’s a bright future in store for the Hyundai i30 N in South Africa. It has already been described as a ‘game changer’ with more than 20,000 units sold across Europe since we started trading in 2017.”

The i30 N has stylish 19-inch wheels with 235/35R19 Pirelli P-Zero high-performance tires and red brake callipers featuring the N-logo. Aggressive bumpers with larger air intakes and a red character line, an aerodynamic rear spoiler with a triangular brake light, and a dual muffler exhaust complete the sleek, sporty look.

The i30 N also features the electronically controlled suspension (ECS) and electronically controlled limited-slip differential, which ensures an exhilarating drive with cornering capabilities that befits the i30 N’s hot-hatch character.

Customers can choose from five color options — Polar White, Performance Blue, Micron Grey, Phantom Black and Engine Red.

Hyundai plans to launch the i30 N model in the Middle East toward the end of 2020.