Tawuniya recognized as ‘best Takaful company’ for 2019

Tawuniya recognized as ‘best Takaful company’ for 2019
Tawuniya’s head office is located in Riyadh. The company has introduced a range of innovative insurance services and products.
Updated 17 October 2019

Tawuniya recognized as ‘best Takaful company’ for 2019

Tawuniya recognized as ‘best Takaful company’ for 2019

The Company for Cooperative Insurance (Tawuniya) has been recognized as “Best Takaful Company for 2019” by Global Islamic Finance Awards (GIFA), which specializes in classifying Islamic finance and insurance establishments.
Tawuniya won this award as a result of its implementation of the cooperative insurance concept since its foundation in 1986, its success in introducing Shariah-compliant Takaful insurance products and its investments, its commitment to Islamic standards in the accounting field, and its role in enhancing the innovation concept, governance and social responsibility.
Adel Al-Hamoudi, Tawuniya’s senior vice president (sales and marketing), said this success reflects Tawuniya’s efforts and commitment in introducing innovative services and products as well as its efforts to adjust its investments so that they are Shariah-compliant.




Adel Al-Hamoudi, Tawuniya’s senior vice president for sales and marketing.

Al-Hamoudi added that that this award will be an addition to distinctive awards and rankings Tawuniya obtained this year — the awards for the best electronic general insurance company, best innovative insurance company, and the golden award for quality and business prestige, as well as Tawuniya’s rank among top 10 brands.
He said that Tawuniya has several factors that qualify it to be the best Takaful company — its pioneering position in the Saudi insurance market; it is the first cooperative insurance company in the Kingdom and first Saudi company that applied the cooperative insurance concept by sharing the insurance surplus with clients for the first time in 1990.
He said Tawuniya has many competitive capabilities, such as its strong financial position, technical experience, insurance portfolio, including 60 types of insurance products in three main operating segments — medical insurance, motor insurance and property and casualty insurance, to meet the need of its clients, from major companies and small and medium enterprisers. Tawuniya also provides the largest network of sales in the Saudi market. Tawuniya developed its strategy for the future focusing more on the customer and has introduced more innovative insurance services and products.
The Global Islamic Finance Award is prestigious in the Islamic finance sector. It aims at encouraging Islamic finance excellence by honoring best practices.


Feyan makes hundreds of children’s wishes come true

Feyan makes hundreds of children’s wishes come true
Updated 46 min 9 sec ago

Feyan makes hundreds of children’s wishes come true

Feyan makes hundreds of children’s wishes come true

RIYADH: Feyan — Naif Alrajhi Investment Group’s community service arm — launched its “Eidikum Alaina” initiative for the second consecutive year, motivating children to give and offer toys to other children in need. Feyan partnered with Kayan Association for Orphans to implement the initiative and ensure toys are delivered to the right families, drawing more than 250 smiles on children’s faces.
In its first edition, the initiative called on children to gather toys from their homes to offer and deliver them to their less fortunate peers in Riyadh. This year, building on last year’s success, the team launched a landing page where children shared their wishes for other kids to make them come true. A list of wishes was available on the page; kids were able to log in and choose the toy they wanted to provide, prepare it and wrap it as a gift and write the beneficiary’s name on it so that the team could pick it up and deliver it. From skateboards to Xbox and Barbie houses, toys are offered with love, creating a beautiful synergy and a sense of pride in giving and sharing for the joy of Eid.
“The initiative is meant to teach children about the importance of giving by motivating them and engaging them in catering to other kids’ wishes,” said Noura Naif Alrajhi, Feyan’s director. She added: “As an investment group, our community service is directed toward investing in people and enticing them to engage and give. We are proud of our partnership with Kayan Association for Orphans and happy to celebrate the smiles we have drawn through this initiative for Eid for the second year.”
The initiative engaged hundreds of children across the Kingdom.


Health minister visits vaccine center at IMC

Health minister visits vaccine center at IMC
Updated 12 June 2021

Health minister visits vaccine center at IMC

Health minister visits vaccine center at IMC

Minister of Health Dr. Tawfiq Al-Rabiah recently visited the coronavirus vaccination facility at the International Medical Center (IMC) in Jeddah. The facility was set up last Ramadan in collaboration with the ministry, to help vaccinate the community, as part of the nationwide campaign to combat the spread of COVID-19. 

Dr. Al-Rabiah praised the tremendous efforts by IMC to support the Kingdom’s vaccination drive, which constitutes one of the IMC’s major social responsibility projects for Saudi society. The minister stressed the importance of private and public medical cooperation in multiple community projects, highlighting the IMC’s successful proactive initiatives, operational efficiency and top medical care standards. 

The center has set up a large vaccination tent in its yard with 50 volunteers to serve the people of Jeddah every day. IMC has become one of the top vaccination centers, where premium healthcare services are offered in perfect harmony with the renowned IMC standards. 

The IMC’s massive 2,000-square-meter vaccination center can host 4,000 people daily and was prepared in only eight days. The center was created to host many individuals and meet the high demand for vaccination in Jeddah, in accordance with the ministry’s campaign strategy to expedite the vaccination process across the Kingdom and achieve a 100 percent immune society.

IMC staff from infection control, operations, pharmacy, laboratory, medical engineering and IT departments alongside a group of doctors and nurses have all taken part in setting up the outdoor vaccination tent.

IMC Chairman and CEO Dr. Walid Fitaihi welcomed the minister and expressed his gratitude to the ministry for enabling this mutual cooperation, which started by setting up the vaccination center followed by installing anti-smoking clinics within the same tent. He also briefed the minister on the IMC’s future plans of building a medical college, women’s and children’s hospital, and a medical tower. They also discussed the development projects of the First Clinics Center, Al-Afia Resort, Al-Afia Village, a service building, a multistory car park, and the surrounding area of the IMC. 

Dr. Fitaihi also showcased the IMC’s trophies and key achievements in protecting patients during the pandemic, including the King Abdul Aziz Quality Award 2020 in the category of private health facilities, the National Patient Safety Award 2020 in its special edition for the category of healthcare institutions, and the Infection Control Star Award by the Health Ministry for its active and responsive role during the coronavirus outbreak. 

“Our sincere gratitude to the ministry for selecting IMC as one of the first certified centers in the western province to provide vaccination services, and for trusting IMC’s expertise and operational capacity to perfectly host community service projects in Saudi Arabia. I also give special thanks to our team of volunteers who stood behind the success of this inspiring medical experience,” Dr. Fitaihi said.


LuLu hosts mango festival showcasing 20 local varieties

LuLu hosts mango festival showcasing 20 local varieties
Updated 12 June 2021

LuLu hosts mango festival showcasing 20 local varieties

LuLu hosts mango festival showcasing 20 local varieties

LuLu, the largest hypermarket chain in the Middle East, launched on June 9 the “Saudi Mango Week,” showcasing homegrown varieties of the tropical fruit from across the Kingdom. It is the first time such an event, promoting the Kingdom’s own mango varieties, has been organized. LuLu has procured more than 20 varieties of mango for the festival from across the Kingdom. The event features great deals and offers on the wide selection of mangoes, available across all LuLu stores in Saudi Arabia.

On its launch day, the festival was visited by Suliman Aljutaily, general manager of cooperative societies, Ministry of Environment, Water and Agriculture (MEWA), at the hypermarket’s Atyaf Mall branch in Riyadh. On the same day, an agreement was signed between LuLu Saudi Hypermarkets and Cooperative Societies Council to promote and sell Saudi-produced agricultural products through LuLu Hypermarkets across the Kingdom. Dr. Abdullah Kadman, chairman of Cooperative Societies Council, and Shehim Mohammed, director of LuLu Saudi Hypermarkets, signed the agreement in the presence of Ahmed Al-Ayadah, deputy minister, MEWA.

“LuLu is one of the leading companies in the Kingdom of Saudi Arabia, which has both a local and regional presence. We count on them a lot as a major player that will help us in promoting agricultural marketing, especially for small farmers and members of associations,” said Al-Ayadah.

Mohammed said: “We are delighted to sign an agreement with the Cooperative Societies Council for the betterment of local farmers in the Kingdom. The LuLu Group is focusing on making their lives easier by procuring their agriculture yields directly from the farm and avoiding the hassles in between. As for the Saudi Mango Week, we have seen massive support from our customers over the years and we’re expecting this festival to be a hit once again. This tropical fruit is loved by people of all nationalities.”

The wide homegrown range of mangoes on offer at LuLu this week includes: Americi, Gelenth, Hindi, Zibdha Ahmer, Zibdha Pakistani, Tommy, Birbir, Bombay, Geeith, Kuri, Phonse, Samak Akdhar, Samak, Samak Sudani, Selasation, Senara, Zibdha, Zibdha Zinnara, Green Mango, Sudani and Zill Mango.


‘Call My TV’ takes digital communication to a whole new level

Huawei recently launched its new TV, the Huawei Vision S, which is now available for pre-order in the Kingdom. (Supplied)
Huawei recently launched its new TV, the Huawei Vision S, which is now available for pre-order in the Kingdom. (Supplied)
Updated 09 June 2021

‘Call My TV’ takes digital communication to a whole new level

Huawei recently launched its new TV, the Huawei Vision S, which is now available for pre-order in the Kingdom. (Supplied)

RIYADH: Every year we come across new and interesting pieces of technology and every year we are tempted to grab them all to set up at home. Sure, we have the constant run of smartphones, tablets, laptops, wearables and a whole lot more, but one type of product that does not really see many upgrades is the TV.

Since the transition from traditional TVs to smart TVs took place, the role of what a TV plays at home has changed from just playing available content to becoming another Internet hub with access to a wide range of features.

However, not everyone changes their TVs as frequently as smartphones or tablets and to be honest, there never really is a reason to. Well, until now that is.

Huawei recently launched its new TV, the Huawei Vision S, which is now available for pre-order in the Kingdom, and which boasts a wide range of features that steps it up to become the next-generation TV in the market. 

Shifts in lifestyles and world views have driven the innovative features in Huawei Vision, as much as technological progress has. Following in the footsteps of texting, voice calling, and video calling, smart TV calling will help usher in an era of intimate distance-proof communications. It’s an outstanding example of how technology can bring people closer together, rather than driving them apart.

The Huawei Vision S can do a lot more than just any other smart TV; it can seamlessly interact with all of the other pieces of tech lying around at home. Here are a few reasons why the Huawei Vision S is one of the perfect solutions for all your TV needs, making it the must-have tech upgrade this season:

Video calls, now from your TV

Did you ever think that one day you would be able to make video calls from your TV? And we are talking about actually making and receiving video calls on your TV itself. With the Huawei Vision S, it is possible.

The Huawei Vision S has made TV calling a new social style that involves a trendy form of digital communication, which is poised to fundamentally change the way we communicate. The next-generation TV makes this possible via housing the distinctive 1080p MeeTime Full HD Video Calls, which was designed to take video calls to a completely new level from the comfort of your home, whilst using not a smart phone — but rather a smart TV.

Thanks to the magnetically attached 13 MP camera, you can make 1080p MeeTime Full HD Video Calls on the Huawei Vision S. However, this extends beyond just any video call.

Because of the unique video calling transfer feature, you can seamlessly transfer a call from any of your devices, such as a smartphone, to the TV without breaking the flow of the call. This means that if you are on a video call on your smartphone or laptop, you can easily transfer that call to the Huawei Vision S and use the camera, display and audio on the TV itself, freeing up your device for other use.

Increased connectivity

Worried about network bandwidth issues during video calls? The Huawei Vision S has thought of that too!

With its unique automatic network bandwidth adjustment feature, the Huawei Vision S and MeeTime can detect a drop in network strength and will automatically reduce the quality of the call instead of dropping the call entirely.

Sharing and streaming with ease thanks to the distributed multi-device collaboration

Another cool feature is how the Huawei Vision S fits in the structure with all the other connected devices at home. This enables a next-generation interaction between all devices paving the way for seamless sharing between devices. For instance, with OneHop projection, you simply have to tap your smartphone on the TV remote to instantly stream the display without any complex screen mirror steps! Do not worry about any private messages popping
up either, because the privacy features ensure all of that personal stuff stays on your smartphone alone, not being displayed on the TV.

Gamers can also enjoy the distributed gaming feature, which allows using the smartphone as a wireless controller, giving them a console-like experience with immersive gaming.

Stunning picture and impeccable sound

With any TV, the picture and sound quality is a key factor, especially since it becomes the hub for home entertainment. Keeping this in mind, it is evident that Huawei has pulled out all the stops with the Huawei Vision S. In terms of display quality, you get full 4K resolution with a 120Hz refresh rate that covers up to 92 percent of the DCI-P3 wide color gamut, while a Honghu Picture Engine works with motion estimation and motion compensation resulting in smooth images and videos.

Viewers’ eyes protection is also made possible by TÜV Rheinland-certified low blue light and flicker-free technologies.

When it comes to audio, the Huawei Vision S comes with four 10 W horn speakers, including two 10 full-frequency speakers, and two 10 W high-frequency speakers. This is complemented by a massive 1L sound cavity, all of which works together to provide high quality sound with strong bass and soft edges. Additionally, the Huawei Histen algorithm brings out sharp details in texture and timbre, isolating human voices and enhancing them, even in the noisiest environments.

Price and availability

The Huawei Vision S is now available for pre-order through the online Huawei Store, eXtra Stores and across selected retailers. It is available in two different sizes — the 55-inch model priced at SR3,499 ($933) and the 65-inch model priced at SR4,499 — with gifts worth SR2,042 that include a Huawei MatePad, a three-month Huawei Video subscription, a three-month Starzplay subscription, a three-year warranty and a special entertainment gift.

Indeed, if you are looking for a new smart TV that truly crosses all the boundaries set by traditional smart TVs, then the Huawei Vision S is the way to go.


Post-pandemic retail: Will malls thrive again in KSA?

Post-pandemic retail: Will malls thrive again in KSA?
Updated 09 June 2021

Post-pandemic retail: Will malls thrive again in KSA?

Post-pandemic retail: Will malls thrive again in KSA?

The global COVID-19 pandemic has shaken nearly all industries, but the retail sector was hit particularly hard by the measures put in place by governments to curb the spread of the coronavirus. 

While the grave economic crisis that ensued gave rise to a fear of losing revenue, occupancy, and cash flow, the sudden uptick in e-commerce has induced some to worry or even project that customers have settled on online shopping, forever. 

As a cyclical industry, retail is no stranger to periods of boom and recession resulting from economic expansion or contraction. 

Retailers around the world have seen a rebound in consumer spending after they reopened after weeks or months of store closures. Retail sales surged 10.7 percent in the US in March this year, although partly driven by stimulus checks. In Saudi Arabia, malls have witnessed a promising recovery with a steady increase in in-store purchases.

No substitute for in-person retail 

There is no denying that COVID-19 has altered consumer behaviors substantially with emerging economies witnessing substantial growth in online shopping. However, online shopping is not an alternative to in-person retail yet. There are many elements of brick-and-mortar shopping that cannot be replaced by online — spontaneous purchases, the ability to evoke experiences and sensations, meaningful engagements, and of course, being able to physically handle the products.

Brick-and-mortar businesses can create greater and even more engaging retail experiences if they incorporate digital technology into their physical store environments and serve the customers’ need for convenience.

Digitization not a threat but an opportunity

Both online and offline marketplaces can meaningfully and coherently exist. Kinan, a Saudi closed joint stock company that develops residential communities and operates malls in the Kingdom, partnered with the region’s leading e-commerce player Noon to provide pickup services for its shopping centers’ online clients. “With this new feature, we are presenting them new possibilities of retailing by linking digital and physical shopping, while continuing to offer in-store experiences enriched by a strong human connection,” said Konrad K., chief operating officer, malls, Kinan.

New future demands better

The post-pandemic consumer’s appetites and behaviors mean that malls have to be elevated further into experience centers and multi-purpose destinations. They can bring back their customers by introducing diverse and extensive retail, leisure and food and beverage offerings. 

“In 2020, we made it a priority to identify gaps in the offerings at Kinan Malls. In line with our exclusive insights into the future of retail, we developed strategies and executed projects that would create the best possible retail presence and value for our shareholders, visitors and partners. We have long identified that the redevelopment of our assets would eventually result in higher footfall and spending,” said Konrad.

“Realizing that proximity to home continues to positively influence people’s decision when choosing a mall, we have built a strong footprint in Saudi Arabia. With 10 malls across six different locations, Kinan Malls is currently one of the largest mall operators in the Kingdom.”

He added: “Despite mobility restrictions, supply chain disruptions, and labor shortage, we have managed to deliver a positive financial year in 2020 with a net profit.”