SEDCO Holding CEO talks ethical investments at WGES

CEO of SEDCO Holding Group Hasan Al-Jabri participates in a plenary session.
Updated 05 November 2019

SEDCO Holding CEO talks ethical investments at WGES

Underlining the growing importance of upholding responsible investment and finance principles to drive sustainable economic growth, Hasan Al-Jabri, CEO of SEDCO Holding Group, highlighted the company’s Prudent Ethical Investing (PEI) strategy at the World Green Economy Summit (WGES) 2019 held in Dubai. Al-Jabri was speaking at a plenary session titled, “Green Finance and Investments,” at the summit, which took place under the patronage of Sheikh Mohammed bin Rashid Al-Maktoum, vice president and prime minister of UAE and the ruler of Dubai.
The summit, which saw the attendance of over 3,000 delegates, included high-profile speakers such as François Hollande, former president of France, and Ban Ki-moon, former secretary-general of the United Nations.
Featuring an impressive lineup of industry leaders and experts, the plenary session explored lucrative opportunities presented by green finance and how businesses can tap into this promising market by adopting sustainable practices. The speakers also shed light on various factors that hinder the growth and wider adoption of green financing and put forward recommendations to overcome these challenges.
Al-Jabri stressed the significance of ethical and socially conscious investing to help realize sustainable environmental, social and governance (ESG) goals. SEDCO Holding’s PEI-based portfolios combine the principles of responsible and Shariah-compliant finance, bringing together the many benefits of both approaches. The strategy has been proven tremendously successful in ensuring enhanced long-term risk-adjusted returns to support the performance of businesses and promote greater sustainability.
“Ethical investing not only brings economic benefits, but also significantly contributes to environment-friendly initiatives and business operations thereby driving the expansion of the green economy. Major events like the World Green Economy Summit are offering us a strategic platform to spotlight the increasing importance of adopting responsible finance and banking principles and sustainable practices across businesses. They also provide us an excellent opportunity to address various challenges facing green investing, including a lack of awareness of its unmatched benefits,” said Al-Jabri.


IWC Schaffhausen opens new boutique in Riyadh

Updated 05 July 2020

IWC Schaffhausen opens new boutique in Riyadh

Swiss luxury watch manufacturer IWC Schaffhausen has launched a new boutique at Mode Al-Faisaliah Mall in Riyadh. Known for their timeless innovation and technical ingenuity, IWC’s latest addition to its client experience-centric boutiques in the region has opened in partnership with Attar United. The store is strategically located in the capital city’s ultimate luxury retail destination.

“At Mode Al-Faisaliah IWC Boutique, watch enthusiasts and collectors can expect to embark on a memorable shopping experience with personalized attention from client advisers who focus on every discerning customer’s requirement,” a statement said.

“Guests can discover our latest Portugieser collection with novelties such as The Portugieser Perpetual Calendar 42. With storytelling at the core of the brand and its numerous successful partnerships, each experience at the boutique is interesting and educational from the moment you walk through the doors until the end of every visit. With the aim of catering to the needs of every trusted client and prospective new customer in Riyadh, the Mode Al-Faisaliah boutique is committed to making every exciting and emotional journey of buying an IWC Schaffhausen watch, a special one.”

Stretching across 110 square meters over a single story, the boutique will house limited-edition timepieces. The store pays homage to the brand’s expertise and craftsmanship in watchmaking. Every corner of the new boutique is designed by IWC Schaffhausen’s in-house architects and aesthetically aligns with the brand’s unique identity, which is seen through personalized touches, finishes and textures including soft beige hues and dark wooden accents. This offers both a masculine and welcoming atmosphere that is the perfect setting to showcase IWC Schaffhausen timepieces.

“IWC is excited to unveil this new boutique in Saudi Arabia with our partner Attar United. We consider the Saudi market to be one with strong growth potential and have been eagerly awaiting this boutique opening for a long time. The layout of the space is centered around luxury with a cozy feeling, to make it welcoming to all customers and keep them at ease. With shoppers in Saudi wanting more close and trusted brand relationships, the arrival of this new boutique falls in line with IWC Schaffhausen’s pivotal goal to foster strong client loyalty,” said Mehdi Rajan, regional brand director of IWC Schaffhausen for the Middle East, India and Africa.

CEO of Attar United Company Mohammed Saddik Attar said: “Our partnership with the Swiss watchmaking brand, IWC Schaffhausen, is one that is of great importance to us as this signifies the first of many collaborations in the booming landscape of luxury boutiques opening in the Kingdom.”

With a growing community of loyal customers, collectors and fans in the Middle East, Saudi Arabia is indeed an ideal location for IWC Schaffhausen.