UNICOIL receives Kuwaiti quality mark

Updated 27 January 2016
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UNICOIL receives Kuwaiti quality mark

Universal Metal Coating Company Ltd. (UNICOIL), headquartered in Jubail Industrial City, received the Kuwaiti quality mark in another first achievement added to its list of accreditations, which include SASO’s Saudi quality mark, ESMA’s Emirates quality mark, JSMO’s Jordan quality mark and the ISO Quality Certificate for UNICOIL’s Galvanized Steel products.
UNICOIL is described as the only Saudi and Arab company to receive several quality marks outside its home country. A company spokesperson explained that the international quality certificates, and the local and Arab quality marks awarded to UNICOIL clearly recognize the quality fundamentals upheld by the company since its inception in 1997. UNICOIL’s products are the most compliant with international standards and the best known for outstanding quality in Saudi and regional markets.
UNICOIL, in addition to its standing as the largest galvanized steel manufacturer in the GCC, is also MENA’s oldest and largest manufacturer of pre-painted galvanized steel, boasting the highest production capacity region-wide.
It caters to the bulk of the Kingdom’s demand, and exports to regional and international markets.
UNICOIL claims to be the largest value-added steel manufacturer in Saudi Arabia, using a push-pull pickling line with a production capacity of 400,000 tons per annum, a cold rolling mill with a production capacity of 340,000 tons per annum, a continuous galvanizing line with a production capacity of 250,000 tons per annum.


ICD & We-Fi empower women entrepreneurs

Updated 18 September 2019

ICD & We-Fi empower women entrepreneurs

With the aim of discussing how the Islamic Corporation for the Development of the Private Sector (ICD) and the Women Entrepreneurs Finance Initiative (We-Fi) can expand their relationship and integrate the gender themes into ICD’s operations and businesses, a meeting was held between Ayman Amin Sejiny, CEO of ICD; Wendy Teleki, head of We-Fi secretariat; and Samir Suleymanov, director strategic initiatives, World Bank, at ICD’s premises in Jeddah recently. The parties discussed the development and promotion of women’s entrepreneurship through innovative sustainable solutions to increase women’s access to economic opportunities in developing countries. 

Teleki highlighted the main objectives of We-Fi, which is to support women entrepreneurs around the world through programs that provide financing, capacity building and also promote enabling environments that allow women to become entrepreneurs and grow their businesses. We-Fi uses an ecosystem approach to develop programs at the country level that will break down barriers and create more opportunities for women.

During the meeting, Ayman said: “ICD and We-Fi are working together to enhance their initiatives and mandates in supporting the female society in all ICD’s member countries. We want to ensure that our lines of finance and our relationship with the 102 directly connected financial institutions we are dealing with will further enhance the funding, training to women entrepreneurs and to provide the required necessary support to women in all our member countries.”

Teleki said that We-Fi has six implementing partners (IP) and the Islamic Development Bank (IsDB) is one of them. “IsDB, along with ICD is supporting women entrepreneurs in fragile countries. In Yemen, they have a very interesting ongoing program named BRAVE Women. They target to train up to 500 women to learn to develop business plans in fragile and high-risk contexts and up to 400 of them will get access to funding on a matching grant basis. This program aims also to develop the relationship between those women entrepreneurs with the local banks and also lead companies to make sure those women have access to finance and markets to grow their businesses. Moreover, the IsDB and ICD will be implementing soon this BRAVE Women program in two other countries to improve the women’s entrepreneurship potential in key economic sectors and we look forward to seeing those programs happening in future,” she said.

We-Fi is a global platform that seeks to support over a 100,000 women around the world in the next five years and mobilize at least $2 billion from the public and private sector for further activities.