Bank AlJazira honored for backing social initiatives

Updated 28 December 2013

Bank AlJazira honored for backing social initiatives

In a new exceptional achievement for Saudi business entities and in recognition of its efforts in social responsibility, Bank AlJazira was granted the Ideal Institution in Support of Social and Developmental Action Award at a special ceremony held during the 30th meeting of GCC Council of Ministers of Social Affairs, organized recently in Bahrain.
Nabil bin Dawood Al-Hoshan, CEO of Bank AlJazira, received the award from Bahraini Minister of Social Development Fatima bin Mohammed Al-Balooshi. The award comes after the bank was nominated by the Saudi Ministry of Labor and Social Affairs, in recognition of its constant efforts and outstanding programs in social responsibility.
Al-Hoshan said: “Social responsibility, and social and developmental action are considered a priority to us, and an essential part of the bank’s corporate culture, thus we strive to enhance it and maintain its high standards, while carrying out various operations in the bank. The efforts exerted by companies to both improve revenues and to enforce social action will integrate together to maximize the role played by such companies in achieving sustainable development in the societies they operate in.”
Al-Hoshan added: “We, in Bank AlJazira, are very grateful and honored to receive such recognition, and thankful for the opportunity the Saudi Ministry of Labor and Social Affairs, and the GCC Council of Ministers granted us through this valuable initiative. Such awards help to cultivate the culture of social and developmental action among leading companies in the GCC region, hence supporting various segments of society in the region.”

Saudi International Motor Show 2019 begins today

Updated 09 December 2019

Saudi International Motor Show 2019 begins today

The 41st Saudi International Motor Show (SIMS) 2019 begins today at the Jeddah Center for Forums and Events, giving showgoers access to more than 100 new models for 2020 from the US, Japan, Korea and China.

Automobiles from 14 of the world’s leading auto brands including MG, Hyundai, Ford, KIA, Cherry, GAC Motors, Suzuki, Haval, Toyota, Chevrolet, Changan, GMC, Great Wall and FAW will be on display.

The event, held under the patronage of Jeddah Gov. Prince Mishaal bin Majed bin Abdul Aziz, will run until Dec. 14.

The Saudi International Motor Show is being organized by Al-Harithy Company for Exhibitions (ACE). It will be attended by executives from top international automotive manufacturers and will be preceded by the launch of a number of new models, which will take place before the official inauguration.

Hadi Al-Harith, chairman of ACE, said the exhibition will have new features for visitors and a range of activities for youth, such as drifting, 4x4 test drive circuit and display of modified cars and SUVs.

“The five-day event offers visitors the chance to discover the latest technology in car manufacturing and design and provides a platform for trade professionals to come together,” he said.

For the new segment of women drivers, the motor show will provide an opportunity to choose their vehicles from a wide array of models on display, while simultaneously giving the car companies a new channel for sales.

The exhibition will also witness the provision of affordable financing solutions offered by the National Commercial Bank, the diamond sponsor of the motor show, and Al-Yusr Finance Company. Malath Insurance Company and the General Gulf Cooperative Insurance Company will provide advanced and affordable vehicle insurance services.

This year’s annual event covers a total area of 31,500 square meter of the venue and runs from 4 p.m. to 10 p.m. until Saturday.