SABB wins ‘Saudi Arabia’s Best Bank 2022’ award for third year in a row

SABB wins ‘Saudi Arabia’s Best Bank 2022’ award for third year in a row
Tony Cripps, managing director of SABB
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Updated 18 April 2022

SABB wins ‘Saudi Arabia’s Best Bank 2022’ award for third year in a row

SABB wins ‘Saudi Arabia’s Best Bank 2022’ award for third year in a row

The Saudi British Bank has won the “Saudi Arabia’s Best Bank 2022” award by Global Finance magazine for the third year in a row, in recognition of the bank’s efforts in providing the best banking experience to customers.

The award is voted on by industry leaders, based on criteria including growth in assets, profitability, geographical scope, strategic relations, business development and product innovation.

“We are delighted and honored to win this award, recognizing our leadership in providing innovative solutions and products while expanding on our strategic partnerships locally and globally,” said Tony Cripps, managing director of SABB.

He added: “We will continue to invest in our strong foundations that we have established over the years for the satisfaction of our customers, and we are committed to our role in achieving the Kingdom’s Vision 2030 to stimulate the economy and keep pace with the incredible transformation we are witnessing in the Kingdom.”

SABB continues to enhance its position in the market through a series of awards and achievements, as it succeeded recently in launching the first product of its kind in the Kingdom for inventory financing, in addition to winning the “Best in Class eCommerce Acquirer 2021” award by MasterCard, and the “Digital Mobile Banking App” award in Saudi Arabia from Global Finance magazine.

SABB is one of the leading banks in financial innovation, offering various products and services aimed at promoting digitization and innovation, in line with the Kingdom’s Vision 2030 initiatives.

The bank was established in 1978 as a Saudi joint stock company and is an associate company of the HSBC Group.

It offers integrated financial and banking services including retail banking, corporate banking, investment, private banking and treasury. SABB’s paid-up capital is SR20.5 billion ($5.46 billion).


Beauty salon opens at LuLu Hypermarket in Jeddah

Beauty salon opens at LuLu Hypermarket in Jeddah
Updated 27 November 2022

Beauty salon opens at LuLu Hypermarket in Jeddah

Beauty salon opens at LuLu Hypermarket in Jeddah

Pinnacle Beauty Salon opened its fourth branch at LuLu Hypermarket, Al-Marwah in Jeddah. The parlor was inaugurated by South Indian film actress Anu Sithara. The opening ceremony was also attended by Nasser Abdulla Al-Sarami, chief adviser of the Royal Guard; Yasmeen Al-Maimani, Saudi Arabia's first female commercial pilot; Rafeeq Yarathingal, regional director of LuLu Hypermarket, western province; Musafir from Malayalam News; Junais Babu; Shalfeena; and Rasila Ashok. Members of LuLu’s management and staff were also present on the occasion.

Pinnacle is a popular beauty parlor in Jeddah, which has amassed a huge pool of customers in the past three years of its foundation. Experienced beauticians, application of modern technologies in all its services, state-of-the-art equipment, and hygienic infrastructure make Pinnacle one of the most trusted salons in the region.


SABB participates in Saudi Green Initiative Forum

SABB participates in Saudi Green Initiative Forum
Updated 26 November 2022

SABB participates in Saudi Green Initiative Forum

SABB participates in Saudi Green Initiative Forum

The Saudi British Bank participated in the Saudi Green Initiative Forum under the theme “From Ambition to Action,” held alongside the global climate summit COP27 in Sharm El-Sheikh, Egypt. The participation is in line with the bank’s efforts and effective contributions in the environmental, social, and governance field.

The second edition of the forum brought together climate leaders and experts who highlighted the steps taken over the past year toward achieving the Kingdom’s ambitious national targets and laid out the roadmap for the coming years.

Tony Cripps, managing director and CEO of SABB, spoke about the Kingdom’s movement toward sustainability and SABB’s commitment to these principles, as well as its role as a leading financial institution in supporting various institutions in the public, private and nonprofit sectors to achieve sustainable development and providing supportive financing solutions for its corporate clients. He also commended the Saudi Central Bank for its role in regulating and assisting the financial sector toward achieving sustainable growth in line with the Kingdom’s Vision 2030. 

Cripps highlighted current collaboration with the Saudi Central Bank in forming an ESG advisory committee to drive a standardized set of ESG taxonomies and green solutions.

He also emphasized that SABB is committed to allocating capital to sustainable loans and green funds, especially given the growing interest of institutions in the Kingdom to implement sustainability principles and standards, including financial solutions in their various forms, such as loans, bonds, deposits, and green funds, as these markets have grown exponentially over the past years.

SABB’s participation comes from its pioneering role in environmental projects, most notably the implementation of its initiative to plant 1 million trees across the Kingdom, the largest environmental initiative in the financial sector, in cooperation with Murooj Foundation, the executive arm of the National Center for the Development of Vegetation Cover and Combating Desertification.

ESG and sustainability are key to SABB’s five-year strategy, along with supporting new projects that will help the Kingdom achieve a more sustainable future.

SABB is one of the leading banks in financial innovation, established in 1978 as a Saudi joint stock company. It is an associate company of the HSBC Group.

It offers integrated financial and banking services including personal banking, corporate banking, private banking and investment and treasury services. SABB’s paid-up capital is SR20.5 billion ($5.46 billion).


Jeddah mayor launches Cura Urgent Care Clinics

Jeddah mayor launches Cura Urgent Care Clinics
Updated 26 November 2022

Jeddah mayor launches Cura Urgent Care Clinics

Jeddah mayor launches Cura Urgent Care Clinics

Jeddah Mayor Saleh Ali Al-Turki inaugurated Cura Urgent Care Clinics in a ceremony attended by prominent businessmen and health officials.

The Ministry of Health and the Council of Cooperative Health Insurance are working toward empowering general practitioners and family doctors in Saudi Arabia and focusing on their vital role in health and wellness. In line with these efforts, Cura is the first urgent care clinic to provide medical attention to mild and nonthreatening cases through highly qualified family doctors and general practitioners.

Cura delivers a new model within the healthcare sector in the Kingdom. It provides quick, accessible, and affordable high-quality medical attention to all ages. It offers waiting times that do not exceed 10 minutes, as well as ample parking spaces for easy access.

Patients at Cura spend an average of 25 minutes for medical services, checkups and consultations, IV/IM injections, or X-rays. They can also be treated at Cura when in need of stitches, casts or wound dressing.

“Cura’s unique model offers a smart solution for healthcare and aligns with Vision 2030. It propels the health sector forward by enhancing preventative care and facilitating high-quality medical care offered to patients,” a statement said.

“This new approach helps improve access to health and medical services as patients of Cura will be able to address their needs in a timely manner without waiting for long hours and will gain more insight into their health challenges from experts.”

General Manager of Cura Faris Helmi said: “We have facilitated access to high-quality medical care in record time and at affordable costs. We also aspire to expand across the entire Kingdom.”

Cura aims to be recognized as the leading urgent care provider in the region by 2030. It intends to open more branches across the Kingdom to offer everyone reasonably priced prime care at its world-class facilities with best-in-class practitioners.


noon.com introduces ‘Golazo,’ the region’s first cashback football prediction game

noon.com introduces ‘Golazo,’ the region’s first cashback football prediction game
Updated 26 November 2022

noon.com introduces ‘Golazo,’ the region’s first cashback football prediction game

noon.com introduces ‘Golazo,’ the region’s first cashback football prediction game

During this year’s Yellow Friday Sale, noon.com, the Middle East’s leading online shopping destination, has launched a football prediction game with cashback opportunities and mega prizes, including 10,000 noon credits for scoreboard winners.

The game, called “Golazo” after the famous cheer, is available to all customers in Saudi Arabia, the UAE, and Egypt via the noon app from Nov. 17 until the World Cup finals. Golazo is free to play, and customers who correctly predict the winners and scores during the upcoming World Cup football tournament can win noon credits. The more customers play, the higher the cashback winnings. Every match is a chance to win.

“As a company born in the Middle East, we’re as excited as everyone about the football frenzy that has engulfed our region,” said Anmol Jain, digital strategy and growth at noon.

“To add to the excitement and buzz that usually surrounds the Yellow Friday Sale, we have created the region’s first football prediction game, giving our customers even more opportunities to win and save. Golazo will gamify shopping on noon, providing an exciting opportunity for our customers to earn cashback incentives while driving more traffic to the app and benefiting our sellers from increased eyeballs during a busy shopping season.”

The 10 winners who top the Golazo scoreboard will be called “G.O.A.T” (greatest of all time) Golazo players and will get 10,000 noon credits, while the top three winners will also get exclusive signed Newcastle United 22/23 jerseys. These winners will be announced at the end of the World Cup, after all the games have been played.

noon’s Yellow Friday Sale began on Nov. 20 and ends on Nov. 27 at midnight, with incredible deals, money-saving incentives, and up to 80 percent off all categories. The Yellow Friday Sale connects to the global Black Friday event and lets local sellers reach millions more customers by using noon’s custom-built tools, such as the platform, marketing channels, and the region’s logistics and fulfillment network.


LuLu celebrates 13 years in Saudi Arabia with SR1.5m gifts bonanza

LuLu celebrates 13 years in Saudi Arabia with SR1.5m gifts bonanza
Updated 25 November 2022

LuLu celebrates 13 years in Saudi Arabia with SR1.5m gifts bonanza

LuLu celebrates 13 years in Saudi Arabia with SR1.5m gifts bonanza

LuLu Hypermarkets in Saudi Arabia is celebrating its 13th anniversary by giving away gifts worth SR1.5 million ($400,000). The “LuLu Super Fest 2022” anniversary promotion features fun events and a raffle draw, which runs from Nov. 27 until Jan. 25, 2023. 

The LuLu Lucky 13 campaign raffle draw initially had 13 Ford Territory SUV cars up for grabs — but in celebration of Saudi Arabia’s epic win against the top-ranked Argentina in the FIFA World Cup, LuLu has added one more car to the lineup, making it a total of 14 cars. In addition, there will be 1,300 free trolleys, 100 gold coins and 15 flight tickets to be won as prizes. 

There will be a digital raffle draw, for which customers will have to shop at their nearest LuLu branch and receive a unique code. They can then register through the QR codes. Moreover, during the course of the promotion, LuLu will announce a number of special offers and deals with unbeatable prices for customers.

The rest of the LuLu family — suppliers, influencers and brand ambassadors — too got to celebrate the anniversary at an event on Nov. 22, where the prizes for the anniversary promotion were revealed. A sky show featuring gliders was held for the attendees to enjoy. 

“LuLu Saudi Arabia is a shining example of our success story, and we believe we owe so much to our customers, our team and stakeholders,” said Shehim Mohammed, director of LuLu Hypermarkets Saudi Arabia. “This is a great opportunity to thank them and continue the journey to greater heights.”

LuLu has 49 hypermarkets, supermarkets and shopping malls across the major cities of Saudi Arabia, namely Riyadh, Jeddah, Alkhobar, Dammam, Tabuk, Al-Ahsa, Jubail, Hail, Saihat, Al-Kharj and Neom.