TheFace: Aghareed Abduljawad, supply chain director at Globe Group

Miss Aghareed Abduljawad with her two brothers and parents. (AN photo by Ziyad Alarfaj)
Updated 19 July 2019

TheFace: Aghareed Abduljawad, supply chain director at Globe Group

  • Aghareed Abduljawad is also the finance director at Abduljawad Holding Co.

It is a great honor for me to be featured in this space, not only to be representing the young women of society but also to be able to share my personal background story.

I am privileged to have been brought up in a home where both my parents did not discriminate between genders but rather promoted equality and equal opportunity and education among me and my siblings.

This shaped me into becoming the eager, persistent, determined, and some would even say competitive, person that I am.

My father has always been a role model for me in business. A well-rounded global engineer by education, a successful businessman by virtue, but more importantly he is my father.

He taught me always to remain strong, fearless, and brave but gave me all the opportunities to be successful by earning it rather than receiving it. This somehow constitutes the core of our business values at Globe Group.

Similar to every family business, boardroom discussions always somehow find themselves at the center of the dinner table, but this is where we can count on my wonderful mother to intervene.

As a graduate in English literature, she brings the arts and cultural side to our family which is always a nice break when we’re constantly thinking of how to grow a successful third-generation business. She is the motivation behind the enhancement of my language skills (truly capturing Arabic, French and English languages) and the hobbies we enjoy (such as playing the piano).

I graduated with a bachelor’s degree in finance from Prince Mohammad bin Fahd University in 2014 and currently hold the position of supply chain director at Globe Group, as well as finance director at Abduljawad Holding Co.

Abduljawad Holding is the investment arm of our business conglomerate, Globe Group. Globe is one of the most established logistics and transportation companies in the region and was founded by my late grandfather Fareed Abduljawad in 1976.

My journey at Globe started very early in my teens, when I enjoyed spending time with my father at the office and learning the trade. I realized with age that no matter how much corporate governance we tried to follow in the company, our code of ethics was very similar to values we were taught at home.

Nothing is given to you on a plate; you need to work hard and earn every merit. Globe is a company that was here before I was born, and we want to ensure it is around for the next generation, stronger and more successful than ever.

Because of our family nature, we tend also to treat our employees as family and end up being one big family running an operation. This goes back to how I was brought up with my siblings; we are much stronger as a team than as one.

Who do I aspire to be? An established, global and successful businesswoman leading the family name and business for the next generation to come, hopefully one day as the CFO.


Saudi app fights fake promotions, discounts

Some stores raise the prices then claim they are offering discounts. (SPA)
Updated 30 September 2020

Saudi app fights fake promotions, discounts

  • Companies and online businesses can apply for a discount license and promote seasonal sales through the application

RIYADH: A new electronic app will now protect consumers against fake and illegal discount offers and promotions, said a spokesman for the Saudi Commerce Ministry.
The app will also let consumers check if sales are still valid and useable. If they are invalid, consumers can report violations directly to the ministry, he said on Tuesday.
The spokesman, Abdulrahman Al-Hussain, said that companies offering discounts are required to follow certain procedures. They must apply for a license, mention products covered by discounts, provide a list of product prices before and after discount, give a discount percentage and put a before and after prices on a product price tag, he said.
The e-discounts app also lists companies that have a license to offer discounts, and explains the types of discounts licensed by the ministry. The app can be accessed on smartphones.

HIGHLIGHT

The e-discounts app lists companies that have a license to offer discounts.

Another feature available on the app is the ability to search for consumables or companies and show the percentage and duration of discounts. It also allows consumers to find the location of a company through Google Maps.
“The ministry requires the companies to print the license of discounts and display it properly. For online stores, the license of discounts should be clearly shown on the website,” said Al-Hussain.
“Companies and online businesses can apply for a discount license and promote seasonal sales through the application. This service gives discounts, sales, and promotions more credibility,” he added.
Muhammad Al-Hamad, a former president of the Consumer Protection Association, said the ministry should double-check the prices before discounts and ensure there is a price tag showing the price and the value-added tax, as well as the discount percentage and price after tax.
“Some stores raise the prices then claim they are offering discounts. The consumer should search for the quality before the price and also ask if there is an aftersales service,” he said. “The consumer should also demand a receipt because this is the only proof showing that he or she has bought the product,” he added.