Effat student wins EY corporate finance award

Yara Bugis, a Saudi female student from Effat University, received the EY KSA Corporate Finance Woman of the Year (CFWY) award at a ceremony held in Riyadh.
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Updated 06 January 2020

Effat student wins EY corporate finance award

Yara Bugis, a Saudi female student from Effat University, has been named the winner of the EY KSA Corporate Finance Woman of the Year (CFWY) award at a ceremony held in Riyadh. Bugis was selected from a group of six finalists who competed at the national level in the Kingdom. Following her win, Bugis will now compete against finalists from 21 other countries, including: Australia, Bahrain, Germany, Japan, Norway, Russia, Singapore, the UAE, the US, and the UK.

The win will also see Bugis secure an internship with EY, along with an opportunity to join the graduate program.

Bugis said: “This win has empowered me and given me the confidence to further explore what the world of transaction advisory services has in store for me, and the potential that a career in this field has. I also look forward to representing my country at the global competition in Rome and hope to bring home the first global win for the region.”

Held for the second time in Saudi Arabia, the CFWY competition is an initiative by EY (Ernst & Young) to identify future Saudi talent and encourage the next generation of female finance professionals to explore unconventional sectors within the industry.

The finalists in the competition included Anoud Saber from King Abdul Aziz University, Buna Al-Fahr from King Saud University, Lolwah bin Saedan from Alfaisal University, Nada Al-Jumah from King Saud University, and Nawal Al-Shaiban from Princess Nourah bint Abdul Rahman University.

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Following her win, Yara Bugis will now compete against finalists from 21 other countries, including: Australia, Bahrain, Germany, Japan, Norway, Russia, Singapore, the UAE, the US, and the UK.

Rana Sanyoura, transaction advisory services (TAS) partner and CFWY sponsor, EY, said: “It is truly inspiring to learn about these female students’ stories and ambitions. I am confident this experience will drive a tangible positive change for Saudi women who seek career opportunities in transaction services and corporate finance across the public and private sector. EY is delighted that it is able to do its part to support Saudi females and empower them to build a better tomorrow for themselves and their country.”

The competition for the Corporate Finance Woman of the Year award in Saudi Arabia received applications from several universities across the country. The submission process required candidates to determine how they would create a lasting legacy as a future Saudi leader. They were also required to offer their points of view on a recent business transaction in Saudi Arabia that was of interest to them. Following deliberations, the finalists presented their answers to the regional leadership and transaction advisory services (TAS) professionals from EY, along with group workshops and one-to-one interviews.


AbbVie spotlights pharma sector at KAU workshop

Updated 20 January 2020

AbbVie spotlights pharma sector at KAU workshop

In partnership with AbbVie, a global biopharmaceutical company, King Abdul Aziz University (KAU) hosted an educational workshop to encourage more of its students to enter pharmaceutical careers after graduation. The workshop offered unique insights into the scientific role of a pharmacist to more than 100 male and female students from the university. 

Dr. Hani Asfour, dean of the College of Pharmacy at KAU, said: “It was a rewarding experience to see our students participate in this workshop for the first time. With the support of AbbVie, our students were able to learn more about the promising careers which await them in the pharmaceutical sector. They are now extremely eager and excited about their future prospects. I look forward to seeing what the future holds for them.” 

Ashraf Daoud, general manager of AbbVie in Saudi Arabia, said: “At AbbVie, we are proud to continue investing in the Saudi national pharmacists of tomorrow. Through our many partnerships with local universities, such as KAU, we are highly dedicated to supporting the Kingdom’s goals, as expressed in Vision 2030, and helping our aspiring Saudi pharmacists in reaching their full potential.” 

The workshop covered topics such as an overview of the pharmaceutical industry landscape, the importance of the medical representative role, key marketing concepts in pharma, as well as tips and advice on how to write a CV and prepare for interviews. Students also had the opportunity to speak to the AbbVie in-field team of pharmacists who answered their career questions and queries.

Khaled Fageha, HR director of AbbVie in Saudi Arabia, said: “As a global pharmaceutical company, there is an ever-growing need to attract the brightest Saudi talent and increase the talent pool of pharmacists. There is so much potential in the Kingdom, which we are always striving to unlock at AbbVie. Through initiatives like this, we are able to equip students across Saudi Arabia with the tools and knowledge to help them thrive in the health care industry, as well as ignite their passion for a career in pharmacy.”

Students said they found the workshop informative. “I’ve always been passionate about a role in pharmacy, but I was a bit unsure about what awaits after graduation. Thanks to this workshop, I was able to hear about the exciting prospects of working at a pharmaceutical company, such as AbbVie. I was able to ask all my questions, and now I am excited to continue working hard so I can begin my journey as a pharmacist,” said Sondos Alkhthlan, a student.

Another student, Nawaf Alharthi said: “This was an engaging workshop which has cemented my interest in becoming a pharmacist after graduating from KAU.”