NCB Capital appoints Sarah Al-Suhaimi as CEO

NCB Capital appoints Sarah Al-Suhaimi as CEO
Updated 04 March 2014

NCB Capital appoints Sarah Al-Suhaimi as CEO

NCB Capital appoints Sarah Al-Suhaimi as CEO

NCB Capital, a major Saudi investment bank and the Kingdom's “largest asset manager,” has appointed Sarah Al-Suhaimi as CEO and member of the board subject to CMA (Capital Market Authority) approval. Tariq Linjawi, who had been acting CEO, is leaving the firm having successfully managed the organization through a transition period.
Al-Suhaimi joins, following CMA approval, from Jadwa Investment where she was head of asset management and CIO, managing over SR17 billion of assets in public and private equity, real estate and fixed income. Having joined Jadwa in 2007, she was previously head of portfolio management and prior to that had spent five years at Samba Financial Group, where she played a senior role in their asset management team managing high-net worth and institutional portfolios.
Commenting on her appointment, Mansour Al-Maiman, chairman of NCB Capital, said: "Sarah is a highly-experienced investment professional, with a proven track record of successful leadership in the industry. She has played a pivotal role in launching award-winning funds and growing asset management businesses. We are delighted that she is joining us. We would also like to thank Tariq Linjawi for his commitment to managing the firm through a period of transition."
Sarah is the vice chairperson of the advisory committee to the CMA and is a graduate of King Saud University, with a Bachelor of Administrative Science degree in accounting.
NCB Capital is described as the largest asset manager in Saudi Arabia, with SR46 billion ($12 billion) and offers its client the full range of investment services, including award-winning funds. It was recently voted No. 1 in economic research and in five sectors by Euromoney and also Wealth Manager of the Year by Global Investor magazine.


Samsung launches new flagship Galaxy S smartphone early, targets remote workers, gamers

This photo provided by Samsung shows the Galaxy S21. (Samsung via AP)
This photo provided by Samsung shows the Galaxy S21. (Samsung via AP)
Updated 15 January 2021

Samsung launches new flagship Galaxy S smartphone early, targets remote workers, gamers

This photo provided by Samsung shows the Galaxy S21. (Samsung via AP)
  • Samsung is set to release the S21 series at a cheaper rates
  • The series will be widely available starting Jan. 29 through Samsung.com, carriers and retailers online

SEOUL, South Korea: Samsung Electronics Co. Ltd. on Thursday unveiled the first Galaxy S smartphone with a stylus for on-screen work called the S Pen, more than a month ahead of its usual annual release schedule for models of its flagship compact phone.
Analysts have said offering a stylus within the Galaxy S21 series might signal the South Korean tech giant will merge the S line with its other premium smartphone range, the Note, already equipped with a note-taking stylus. That could free up resources for Samsung to push its separate range high-end foldable phones as key mass products rather than niche devices.
Samsung is also looking to grab market share after China’s Huawei Technologies was hit with US sanctions that restricted its supply and hurt sales, analysts have said.
An early Galaxy S21 launch is a likely tactic to capitalize on Huawei’s woes, said Counterpoint Research analyst Sujeong Lim. New iterations of the Note typically come in the second half of the year.
Lim said Samsung faces intense competition in the high-end category from Chinese vendors amid growing demand for devices that can be used for remote work amid the coronavirus pandemic, as well as play like videogaming.
In the United States, the Galaxy S21 price range starts at $799.99, the S21 Plus version at $999.99, and the S21 Ultra at $1,199.99.
The series will be widely available starting Jan. 29 through Samsung.com, carriers and retailers online, Samsung said.
With the most advanced processing chip in any Galaxy device, the S21 is 5G compatible and designed for shooting and viewing video and images as well as on-screen work. The top end of the range, the Ultra — the only version compliant with the S Pen stylus, which has to be bought separately — sports a four-lens rear camera that allows different angles and zoom shots.
Samsung plans to offer the stylus with other devices, said TM Roh, head of Samsung’s mobile communications business.
The standard S21’s screen size is 6.2 inches, with the S21 Plus at 6.7 inches and S21 Ultra is 6.8 inches, optimal for watching videos and gaming. The latter two are close in size to last year’s Galaxy Note ‘phablets’ — a cross between a phone and a tablet.
The S21 series is powered by Qualcomm Inc’s Snapdragon 888 chips or Samsung’s own Exynos 2100 chips depending on the region, Samsung said. Qualcomm said last month the 5G chips will be manufactured by Samsung’s chipmaking division.